The eyes of the world will be on Pakistan as the drawdown and handover in neighbouring Afghanistan take place.

drawdown
a reduction in the size of a military force
Afghanistan gains will be lost quickly after drawdown.
Afghanistan after the drawdown

After suffering a debacle in the 2013 elections, the PPP has been virtually confined to one province.

debacle
a complete failure or disaster; tragedy
He should take responsibility for the debacle and resign.
The army would suffer a debacle if it continued with the military operation.

antonym: success

Talks will be a watershed.

watershed

a turning point

The discovery of penicillin was a watershed in the history of medicine.

The War in Kosovo was a watershed for us.

The NATO war against Serbia had seemed to be a watershed.

There must be zero tolerance for hate speech that demonises any sect or religion.

demonise
to portray as wicked; make into a demon
He was demonized by the right-wing press.
The Nazis used racist propaganda in an attempt to demonize the Jews.

Consumers are paying inflated prices for food.

inflated
excessively high
company directors with inflated salaries
inflated wages

He was banned from preaching because of his inflammatory sermons.

inflammatory
arousing to action or rebellion; provocative
inflammatory remarks/comments

antonym: conciliatory

Corrupt employees to get the sack

the sack
dismissal from a job
He  got the sack  for swearing.
Her work was so poor that she was  given the sack.
Four hundred workers face the sack.

The government’s policy of dialogue with militants is both theoretically and in practice riddled with holes.

be riddled with sth

to be full of sth, especially sth bad or unpleasant

His body was riddled with cancer.

Her typing was slow and riddled with mistakes.

The woods are riddled with rabbit holes.