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Archive for the January 3, 2017

  • This is apropos a Business Recorder editorial "Zardari's surprise" carried by the newspaper on Sunday. It made the following conclusion: "The government on its part has 'launched' its not-so-secret-weapon in the shape of Maulana Fazlur

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on New global temperature records loom as 2016 wraps up a scorcher year

    Tourist websites for Svalbard, Norway, boast monumental crags of blue glacial ice. Polars bears, the online brochures exult, are at least as plentiful as humans. Svalbard means cold coasts, they say. Indeed, the archipelago hosting

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  • Not content with the implosion and break-up of the Soviet Union in 1991, a triumphal capitalist west embarked on a plan to prevent Russia from recovering from the debacle and once again re-emerging as a

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  • In my memory, after 1971, last year was the most depressing in Pakistan's 69-year history because the human tragedies, cases of massive corruption in state offices, gross administrative neglect, and the consequent failures it led

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on Ignore social media mischief-makers

    Speaking at a press conference the other day, Interior Minister Chaudhry Nisar Ali Khan lashed out at the social media for what he described as a vilification campaign against the judiciary and the army. The

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on Despite this dismal picture, there is hope

    The State Bank in its first quarterly report (July-September, 2016) released on 30th December, 2016, has affirmed, in no uncertain terms, that most of the macroeconomic indicators of Pakistan are deteriorating. Contrary to the repeated

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on El Salvador coffee exports rise 26pc

    El Salvador coffee exports rose 26 percent in November, the Salvadoran Coffee Council said last week, as plantations recovered from a fungal outbreak known as roya and a drought. El Salvador shipped 4,487 60-kilogram sacks

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on Poland’s KGHM expects copper price rise to lift overseas prospects

    Poland's KGHM, one of the world's biggest copper producers, expects the price to rise in the mid and long term and boost the prospects for its overseas assets, the firm's chief executive officer said. Expectations

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on Oil traders see no market rebalancing until later in 2017

    Crude traders expect the oil market to begin tightening and gradually move into deficit, but the shift is not forecast to occur much before the second half of 2017. The expected timetable for rebalancing is

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    • News Desk
    • Jan 3rd, 2017
    • Comments Off on Russian oil output in December stays at record highs

    Russian oil production in December stood unchanged at 11.21 million barrels per day (bpd), flat month on month and at its highest in almost 30 years, energy ministry data showed on Monday. Russia is preparing

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