Originally published on Fri April 20, 2012 10:55 am
UPDATE at 11:50 a.m. EST:
The Associated Press quotes Defense Minister Chaudhry Ahmed Mukhar as saying the 737-200 went down in a farm field of a relatively unpopulated area just a few miles from the international airport in Islamabad.
Mukhar said it was unlikely that anyone had survived.
Pakistani television showed wreckage of the plane, including parts that appeared to be the engine and the wing up against a small building, AP says.
Originally published on Fri April 20, 2012 10:27 am
Arithmetic can be quite enlightening sometimes. One of the country's top agricultural economists just fiddled with the government's balance sheet on crop insurance, and arrived at a shocking conclusion: We'd spend billions of dollars less than we do now if we just gave away a simplified version of the insurance for free.