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Print - 2008-11-24
Gender and age impact stomach cancer prognosis

Gender and age impact stomach cancer prognosis

Older men and younger women fare worse with stomach, or "gastric" cancer than patients in other gender and age groups, research shows. Dr Sung-Soo Park, from Korea University College of Medicine, Seoul, and co-researchers hypothesised that the difference
Published 24 Nov, 2008 12:00am
Depression linked to poorer diabetes control

Depression linked to poorer diabetes control

Depression may make it harder for people with diabetes to keep their blood sugar levels in check, researchers have found. In a study of more than 11,000 US veterans with type 2 diabetes, the investigators found that over a decade, those diagnosed with dep
Published 24 Nov, 2008 12:00am
Working in health care can be risky, study hints

Working in health care can be risky, study hints

A new study from the Centers for Disease Control and Prevention shows that health care workers are more likely to die from bloodborne infections and related illnesses than people working in other occupations.
Published 24 Nov, 2008 12:00am
A brisk walk may curb chocolate cravings

A brisk walk may curb chocolate cravings

Chocoholics looking to curb their chocolate urges may be able to do so simply by taking a brisk 15-minute walk, results of a study from the United Kingdom hints.
Published 24 Nov, 2008 12:00am
Woman gets first trachea transplant without drugs

Woman gets first trachea transplant without drugs

A Colombian woman has received the world's first tailor-made trachea transplant, grown by seeding a donor organ with her own stem cells to prevent her body rejecting it, an international research team reported on Wednesday.
Published 24 Nov, 2008 12:00am
US teen lives 118 days without heart

US teen lives 118 days without heart

An American teen-ager survived for nearly four months without a heart, kept alive by a custom-built artificial blood-pumping device, until she was able to have a heart transplant, doctors in Miami said on Wednesday.
Published 24 Nov, 2008 12:00am
Indigo plant may treat chronic skin disease

Indigo plant may treat chronic skin disease

Indigo naturalis, a dark blue plant used in traditional Chinese medicine, appears to be effective in treating psoriasis, a study in Taiwan has found. Psoriasis is a chronic skin disease for which no cure is known, though some therapies bring about a remis
Published 24 Nov, 2008 12:00am
Apple juice protects from asthma: Expert

Apple juice protects from asthma: Expert

Drinking apple juice prepared from concentrated juice helps reduce asthma symptoms in children. Earlier research has shown that eating apples seemed to protect adults from developing asthma symptoms. A number of other studies have linked higher fruit cons
Published 24 Nov, 2008 12:00am
Melting ice now main driver of rising sea levels

Melting ice now main driver of rising sea levels

Runoff from ice caps in Antarctica and Greenland along with melting mountain glaciers have replaced expanding oceans as the main driver of rising sea levels, according to a new study. The rate at which the global ocean watermark rises could have a devasta
Published 24 Nov, 2008 12:00am
Exercise bikes may cause cancer

Exercise bikes may cause cancer

Handgrips on 12 out of 15 exercise bikes tested in Germany were found to contain substances that can cause cancer, a consumer safety group said on November 20. The grips had polycyclic aromatic hydrocarbons, liable to cause cancer and other health problem
Published 24 Nov, 2008 12:00am
Global warming could lead to more Arctic energy

Global warming could lead to more Arctic energy

The Arctic offers new energy and fishing resources as a result of global warnimg and new technology, the European Union said on November 20. Melting ice also presented new navigation possibilities such as a short route to the Pacific Ocean, the EU executi
Published 24 Nov, 2008 12:00am
Malaria, dengue the sting in climate change

Malaria, dengue the sting in climate change

Southeast Asia and South Pacific island nations face a growing threat from malaria and dengue fever as climate change spreads mosquitoes that carry the diseases and climate-change refugees start to migrate.
Published 24 Nov, 2008 12:00am
Google putting LIFE photo archive online

Google putting LIFE photo archive online

Time Inc announced on Tuesday that Google was putting online the entire collection of photos from the legendary but now defunct LIFE magazine including some of the most iconic images of the 20th century.
Published 24 Nov, 2008 12:00am
Microsoft to offer free anti-virus software

Microsoft to offer free anti-virus software

Microsoft has announced plans to offer free anti-virus software to PC users starting next year. The Redmond, Washington-based software giant said the software, code-named "Morro," will "provide comprehensive protection from malware including viruses, spyw
Published 24 Nov, 2008 12:00am
Irish the heaviest users of mobile phones

Irish the heaviest users of mobile phones

Residents in the Republic of Ireland spent the most time on their mobile phones and sent the most text messages per head in the world in 2007, according to a report which examines changes in the communications industry.
Published 24 Nov, 2008 12:00am
Vodafone struggling to meet Storm demand

Vodafone struggling to meet Storm demand

Vodafone, the world's largest mobile phone group by revenue, is struggling to meet demand for the new Blackberry Storm phone, its chief executive said on Thursday.
Published 24 Nov, 2008 12:00am
Canada watchdog sides with BCE on Web traffic shaping

Canada watchdog sides with BCE on Web traffic shaping

Canada's telecoms watchdog has sided with BCE Inc in letting the company slow down certain file-sharing traffic on wholesale networks it leases to smaller, independent service providers.
Published 24 Nov, 2008 12:00am
Google voice search sounds really good

Google voice search sounds really good

Has Google invented the killer app for the iPhone? The software giant has long seen internet-savvy mobile phones as its next frontier, and now it seems to have invented the perfect way to get phone users to rely on Google's search system as easily as they
Published 24 Nov, 2008 12:00am
Google unveils custom search, kills Lively

Google unveils custom search, kills Lively

Google has unveiled a new tool which allows users to customise search results and announced it is ending its virtual world experiment, Lively. Google, in a posting on its official blog on Thursday, said a new feature known as SearchWiki allows users to pe
Published 24 Nov, 2008 12:00am
NVIDIA brings supercomputing to desktop

NVIDIA brings supercomputing to desktop

United States technology firm NVIDIA rolled out high-performance "personal supercomputers" on Tuesday that let desktop workstations handle mind-boggling tasks once far beyond their capabilities.
Published 24 Nov, 2008 12:00am
Canadians shopping online more

Canadians shopping online more

The number of Canadians who used the Internet to purchase goods and services in 2007, climbed 61 percent from 2005 to 12.8 billion Canadian dollars (10.5 billion US), Statistics Canada said on Monday.
Published 24 Nov, 2008 12:00am
DoCoMo eyes 'Google phone' launch next year

DoCoMo eyes 'Google phone' launch next year

Japan's top carrier NTT DoCoMo Inc aims to launch next year a cellphone developed with Internet search giant Google, an official said on Wednesday, a move that could counter Apple's iconic iPhone. "As we are allied with Google, we are considering a commer
Published 24 Nov, 2008 12:00am
Microsoft offers Zune owners 10 tracks per month

Microsoft offers Zune owners 10 tracks per month

Microsoft, seeking to boost the popularity of its Zune music player, announced a new subscription offer on Thursday that will allow users to keep 10 tracks a month permanently. A Zune Pass subscription currently gives Zune owners access to millions of tra
Published 24 Nov, 2008 12:00am
Japanese mobiles to offer psychotherapy sessions

Japanese mobiles to offer psychotherapy sessions

A Japanese professor on Wednesday launched what he said was the world's first web-based psychotherapy sessions available via mobile phone, as the country grapples with a growing problem of depression.
Published 24 Nov, 2008 12:00am
IN SHORT: ARM, Adobe collaborate on mobile Web browsing

IN SHORT: ARM, Adobe collaborate on mobile Web browsing

Software maker Adobe Systems and chip designer ARM Holdings will collaborate to bring better Web services to ARM-powered devices including cellphones from most of the world's biggest handset makers.
Published 24 Nov, 2008 12:00am
Telenor sees three-year break-even for India biz

Telenor sees three-year break-even for India biz

Telenor, Asia's second-largest foreign telecoms operator, expects a soon-to-be-launched Indian business to turn in an operating profit three years after it starts up, as the Norwegian firm muscles deeper into the region with growth slowing elsewhere.
Published 24 Nov, 2008 12:00am
Top diamond stays on the shelf at Geneva auction

Top diamond stays on the shelf at Geneva auction

A 10.48 carat blue diamond failed to sell at a Geneva auction as no one matched the reserve price of 6.7 million Swiss francs (six million dollars), auctioneers Sotheby's said on November 20, blaming the current economic climate.
Published 24 Nov, 2008 12:00am
De Beers plans to double exposure in US

De Beers plans to double exposure in US

Top diamond producer De Beers plans to double its advertising spend in the United States ahead of the Christmas season, its chief said on November 17, and is confident the sector will gain market share over other luxury and consumer goods.
Published 24 Nov, 2008 12:00am
Pharmaceuticals can't escape recessionary chill

Pharmaceuticals can't escape recessionary chill

It may still carry a defensive tag, but the pharmaceuticals industry won't escaped unscathed as economies around the world are pitched into recession. Drug industry executives warned this week of growing pressure from payers on prices and weakening sales
Published 24 Nov, 2008 12:00am
Boom turns to gloom as crisis hits Dubai

Boom turns to gloom as crisis hits Dubai

The seaside emirate of Dubai shifted into crisis mode this week as its breakneck building boom stalled, its lending bonanza evaporated and the government pondered wider steps to rescue banks.
Published 24 Nov, 2008 12:00am
Yahoo negotiating to buy AOL

Yahoo negotiating to buy AOL

Troubled US web portal firm Yahoo! is in negotiations to buy Time Warner Inc's AOL business, the financial news agency Bloomberg reported on 20 November Yahoo!.
Published 24 Nov, 2008 12:00am
South Korean asset manager kills self over losses

South Korean asset manager kills self over losses

A South Korean asset manager has been found dead in the country's latest apparent suicide linked to the global financial crisis, police said on November 20. Police found the body of the 55-year-old head of a small asset management firm, identified only as
Published 24 Nov, 2008 12:00am
Aetna chief executive sees no end to employer-based insurance

Aetna chief executive sees no end to employer-based insurance

Employer-provided health care benefits are not likely to disappear even as a growing number of Americans lose their jobs amid a struggling economy, the head of the nation's third-largest health insurer said on November 19.
Published 24 Nov, 2008 12:00am
Bike sales growing amid economic crisis

Bike sales growing amid economic crisis

At least one company is benefiting from the global economic crisis: Netherlands-based bicycle maker Accell said on November 19 it expected higher than expected 2008 profits said in a statement. The group, which claims to be the market leader in Europe, ex
Published 24 Nov, 2008 12:00am
'Adapt to survive financial turmoil'

'Adapt to survive financial turmoil'

Renault-Nissan chief Carlos Ghosn said carmakers must adapt to survive the turmoil threatening the industry as the Los Angeles Auto Show got underway here Wednesday. In an opening address, Ghosn described the current financial crisis as "very serious" and
Published 24 Nov, 2008 12:00am
'Adapt to survive financial turmoil'

'Adapt to survive financial turmoil'

Renault-Nissan chief Carlos Ghosn said carmakers must adapt to survive the turmoil threatening the industry as the Los Angeles Auto Show got underway here Wednesday. In an opening address, Ghosn described the current financial crisis as "very serious" and
Published 24 Nov, 2008 12:00am
Nokia luxury arm eyes expansion despite downturn

Nokia luxury arm eyes expansion despite downturn

Vertu, the prestige arm of handset maker Nokia, is planning a rapid expansion despite the economic downturn, believing the mobile phone could become the next hit item on the luxury goods market. Frank Nuovo, creative director, designer and co-founder, tol
Published 24 Nov, 2008 12:00am
Provincial projects up China stimulus by $1.5 trillion

Provincial projects up China stimulus by $1.5 trillion

Projects planned by provincial governments will add an additional 10 trillion yuan ($1.464 trillion) to the value of China's economic stimulus package, state television said on Sunday, even as the country's premier called on businesses to keep up their co
Published 24 Nov, 2008 12:00am
Brown defends plan to boost economy

Brown defends plan to boost economy

British Prime Minister Gordon Brown defended his plan on Sunday to inject billions of pounds of borrowed money into the economy to try to stave off a deep recession, saying failure to act could cause permanent damage.
Published 24 Nov, 2008 12:00am
Opec should cut further one millions barrels per day

Opec should cut further one millions barrels per day

Venezuelan oil minister Rafael Ramirez urged Opec on Sunday to agree to reduce supply by 1 million barrels per day at an emergency meeting in Cairo November 29 and make the cut take effect before the end of the year.
Published 24 Nov, 2008 12:00am
Property investors look East for hope amid economic crisis

Property investors look East for hope amid economic crisis

There could have been no worse time to hold an exposition on the Asian property market this year than November. As the impact of the global financial crisis on the region unravels-in the form a slumping stock market, company bankruptcies, steep falls in f
Published 24 Nov, 2008 12:00am
Germany to lose 130,000 jobs

Germany to lose 130,000 jobs

The economic downturn is set to weigh less on the German job market than previous crises, the head of the Labour Office said on Sunday, adding Germany would register an additional 130,000 jobless at most next year.
Published 24 Nov, 2008 12:00am
Bangladesh could halve poverty by 2015: World Bank

Bangladesh could halve poverty by 2015: World Bank

Bangladesh is on track to halve poverty levels by 2015 after significant progress over the past decade despite a series of external shocks, the World Bank said on Sunday. Nearly 40 percent of Bangladesh's over 140 million people live on less than $1 a day
Published 24 Nov, 2008 12:00am
World leaders warn tough economic times lie ahead

World leaders warn tough economic times lie ahead

Investors braced Sunday for another topsy-turvy week on trading floors as leading economies prepared new plans to emerge from a financial crisis that world leaders warned would take time to overcome.
Published 24 Nov, 2008 12:00am
Benitez expects Gerrard back for Marseille

Benitez expects Gerrard back for Marseille

Liverpool manager Rafael Benitez hopes to have Steven Gerrard back for Wednesday's Champions League tie against Marseille. Gerrard missed Saturday's goalless draw at home to Fulham with the groin problem which also kept the midfielder out of England's fri
Published 24 Nov, 2008 12:00am
Taiwan's Lin wins Hong Kong Open thriller

Taiwan's Lin wins Hong Kong Open thriller

Taiwan's Lin Wen-tang won a nail-biting UBS Hong Kong Open on the second play-off hole on Sunday, becoming the first Asian champion here in 10 years. Lin drilled an astonishing pitch to within a foot for a tap-in birdie as Northern Irish teenager Rory McI
Published 24 Nov, 2008 12:00am
I'd fight again for $100 million, admits Lewis

I'd fight again for $100 million, admits Lewis

Retired heavyweight champion Lennox Lewis said on Sunday he would be tempted to return to the ring only if he was offered a 100 million dollars after former foe Vitali Klitschko called for a re-match.
Published 24 Nov, 2008 12:00am
Hatton beats Malignaggi

Hatton beats Malignaggi

Briton Ricky Hatton retained his IBO light-welterweight title on Saturday with an 11th round stoppage of American Paulie Malignaggi. Referee Kenny Bayless halted the contest 28 seconds into the round when Malignaggi's trainer Buddy McGirt waved the towel
Published 24 Nov, 2008 12:00am
Ronaldo a doubt for Villarreal clash

Ronaldo a doubt for Villarreal clash

Manchester United winger Cristiano Ronaldo could miss Tuesday's Champions League game against Villarreal after suffering a leg injury. Ronaldo limped out of Saturday's 0-0 draw at Aston Villa in the closing stages and United manager Sir Alex Ferguson fear
Published 24 Nov, 2008 12:00am
Pavlychenko gives Spurs 1-0 win over 10-man Blackburn

Pavlychenko gives Spurs 1-0 win over 10-man Blackburn

Tottenham Hotspur continued their slow climb away from the Premier League danger zone when Roman Pavlychenko's early goal gave them a scrappy 1-0 home win over 10-man Blackburn Rovers on Sunday.
Published 24 Nov, 2008 12:00am
Argentina's Del Potro ruled out of Davis Cup with injury

Argentina's Del Potro ruled out of Davis Cup with injury

Argentina number one Juan Martin del Potro was replaced by Jose Acasuso for the first reverse singles in the Davis Cup final on Sunday due to injury. Spain, leading 2-1, replaced off-form David Ferrer, their top-ranked player, with Fernando Verdasco. Del
Published 24 Nov, 2008 12:00am
PCB signs $140.5 million TV deal

PCB signs $140.5 million TV deal

Pakistan cricket officials on Sunday signed a five-year, 140.5 million dollar television rights deal with the Gulf-based Taj Entertainment Network, the cricket board said.
Published 24 Nov, 2008 12:00am
South Africa invest 170 billion rand for transport

South Africa invest 170 billion rand for transport

South Africa will invest 170 billion rand ($15.96 billion) in transport for an estimated 450,000 visitors during the 2010 World Cup, Transport Minister Jeff Radebe said on Sunday. Radebe told a news conference the amount included funds for airport and roa
Published 24 Nov, 2008 12:00am
Hughes expects Robinho to make quick recovery

Hughes expects Robinho to make quick recovery

Manchester City manager Mark Hughes expects Brazil forward Robinho to make a quick recovery from an ankle injury. Robinho, 24, was forced to come off in the second half of City's 3-0 win over Arsenal on Saturday after injuring himself while trying to scor
Published 24 Nov, 2008 12:00am
Fotball: FIFA map out 2018 World Cup host plans

Fotball: FIFA map out 2018 World Cup host plans

The host nation for the 2018 World Cup will be chosen by FIFA in December 2010, Jerome Valcke, secretary general of world football's governing body, said here Sunday. England and a joint-bid by Belgium and the Netherlands are intended candidates and they
Published 24 Nov, 2008 12:00am
Racing car kills nine spectators

Racing car kills nine spectators

Nine Thai racing fans have been killed and five including the driver injured when a car crashed and flipped over a barrier into a crowd of spectators at a Bangkok race track, police said Sunday.
Published 24 Nov, 2008 12:00am
Gulf shares slump despite government moves

Gulf shares slump despite government moves

Most stock markets in the energy-rich Gulf slumped on the week's opener on Sunday as intervention by governments failed to restore sentiment among investors worried by global financial turmoil. Riyadh cut interest rates for the third time in six weeks, sl
Published 24 Nov, 2008 12:00am
JGB futures pare gains on Nikkei's late surge

JGB futures pare gains on Nikkei's late surge

Japanese government bond (JGB) futures trimmed gains after hitting a two-month high on Friday due to a late surge in Tokyo share prices and after the Bank of Japan held interest rates steady as expected. The Nikkei share average rose 2.7 percent after fal
Published 24 Nov, 2008 12:00am
JGB futures pare gains on Nikkei's late surge

JGB futures pare gains on Nikkei's late surge

Japanese government bond (JGB) futures trimmed gains after hitting a two-month high on Friday due to a late surge in Tokyo share prices and after the Bank of Japan held interest rates steady as expected. The Nikkei share average rose 2.7 percent after fal
Published 24 Nov, 2008 12:00am
Singapore shares could respond to possible Citi deal

Singapore shares could respond to possible Citi deal

Singapore shares could in response to a possible sale of US bank Citigroup, dealers said. Top executives at the financial giant are considering the sale of all or parts of the bank, the Wall Street Journal reported on its website late Thursday.
Published 24 Nov, 2008 12:00am
Taiwan shares may experience technical rebound

Taiwan shares may experience technical rebound

Taiwan share prices are expected to stage a technical rebound on hopes that investors continue to take advantage of cheap electronics, dealers said on Friday. With the Thanksgiving holiday coming, Wall Street is likely to turn quiet next week to leave the
Published 24 Nov, 2008 12:00am
London stocks seek rebound amid budget report

London stocks seek rebound amid budget report

Investors in London return to their desks on Monday seeking a stock market recovery as the British government delivers a key budget statement and Britain's bosses gather for their annual conference. The FTSE 100 index of leading shares closed on Friday at
Published 24 Nov, 2008 12:00am
Philippines shares eyeing foreign market lead

Philippines shares eyeing foreign market lead

The Philippines stock market will likely follow the lead of foreign markets in the coming week as there is no local news big enough to affect trading, dealers said on Friday. "Foreign (developed) markets have become like emerging markets, they are very vo
Published 24 Nov, 2008 12:00am
Australian shares set for more volatility

Australian shares set for more volatility

Australian shares are set for more volatility in the week ahead on continuing uncertainty from the United States and increased fears of a recession Down Under, dealers said on Friday. For the week ended November 21, the benchmark S&P/ASX 200 dropped 333.1
Published 24 Nov, 2008 12:00am
Hong Kong equities may fluctuate wildly

Hong Kong equities may fluctuate wildly

Hong Kong share prices will fluctuate wildly as the market continues to be driven by news and sentiment, dealers said. For the week ending November 21, the benchmark Hang Seng Index was down 6.5 percent, or 883.46 points, at 12,659.20.
Published 24 Nov, 2008 12:00am
Abbas threat rejected

Abbas threat rejected

The Islamist Hamas movement which controls Gaza rejected on Sunday a threat by Palestinian president Mahmud Abbas to call early parliamentary elections if reconciliation talks fail. "We reject the calling of the elections because it is illegal and unconst
Published 24 Nov, 2008 12:00am
Abbas to call snap elections if Hamas talks fail

Abbas to call snap elections if Hamas talks fail

Palestinian president Mahmud Abbas said on Sunday that he will call snap presidential and parliamentary elections in the New Year if reconciliation talks with the Islamist Hamas movement fail.
Published 24 Nov, 2008 12:00am
China dismisses UN report on torture

China dismisses UN report on torture

China has dismissed a UN report on allegations of widespread torture in the country, accusing those who compiled it of using false information. "It is a pity that some of the committee members responsible for compiling the concluding observations, due to
Published 24 Nov, 2008 12:00am
Iran holds defence drills, warns on oil route

Iran holds defence drills, warns on oil route

An Iranian militia held civil defence drills on Sunday to prepare for any hostile air strikes and the military said it could close a waterway crucial for world oil supplies if Iran was attacked.
Published 24 Nov, 2008 12:00am
Jordan king warns of 'humanitarian crisis' in Gaza

Jordan king warns of 'humanitarian crisis' in Gaza

Jordan's King Abdullah II warned on Sunday of a "humanitarian crisis" in the Hamas-run Gaza Strip, urging the international community to help end Israel's blockade of the area, the palace said. "The world should take swift measures to end the suffering of
Published 24 Nov, 2008 12:00am
Bangladesh polls on December 29: official

Bangladesh polls on December 29: official

Bangladesh's top election official Sunday said polls to return the country to democratic rule would be held on December 29, in line with the demands of the party of ex-premier Khaleda Zia.
Published 24 Nov, 2008 12:00am
'Obama committed to assist Afghanistan'

'Obama committed to assist Afghanistan'

President-elect Barack Obama assured Afghan leader Hamid Karzai that the United States would increase support for his country, a presidential statement said Sunday. Obama, who will take office in January, called Karzai Saturday night, emphasising that the
Published 24 Nov, 2008 12:00am
Four die in Chechnya bomb explosion

Four die in Chechnya bomb explosion

Four people were killed by a bomb explosion in Russia's volatile Chechen region in the latest attack against security forces in the North Caucasus, local prosecutors said on Sunday.
Published 24 Nov, 2008 12:00am
Heavy fighting outside Tiger political headquarters

Heavy fighting outside Tiger political headquarters

Helicopter gunships attacked Tamil Tiger rebel positions in northern Sri Lanka as ground troops on Sunday moved closer to the rebels' political capital from three fronts, the defence ministry said.
Published 24 Nov, 2008 12:00am
Syria 'safe haven for terrorists attacking Iraq': US

Syria 'safe haven for terrorists attacking Iraq': US

The United States criticised Syria at a security conference on Sunday for "giving safe haven to terrorists" attacking Iraq, weeks after a US raid on Syria it said was targeting al Qaeda militants, delegates said.
Published 24 Nov, 2008 12:00am
Tight security as Kashmir votes in stage two of elections

Tight security as Kashmir votes in stage two of elections

Indian Kashmir was voting in the second stage of state elections Sunday under the guard of thousands of troops. The second round of the vote comes amid heightened tensions, with two anti-election protesters shot dead by police on Saturday in the town of B
Published 24 Nov, 2008 12:00am
Syria hosts Iraq security meeting in wake of US raid

Syria hosts Iraq security meeting in wake of US raid

A high-level meeting to discuss security in Iraq opened in Damascus on Sunday less than a month after US soldiers raided a Syrian village in a hunt for a "facilitator" of foreign fighters entering Iraq.
Published 24 Nov, 2008 12:00am
Hamas chief slams Arab states over 'Gaza tragedy'

Hamas chief slams Arab states over 'Gaza tragedy'

The exiled political chief of the Islamist Palestinian Hamas group on Sunday slammed Arab and Islamic states for keeping silent over Israel's blockade of the Gaza Strip. "What is happening in the Gaza Strip is a tragedy. Shame on those who stay silent on
Published 24 Nov, 2008 12:00am
Textile crisis and audit fee

Textile crisis and audit fee

You are aware that textile industry is financially crippled due to higher costs of input. Excessive increase in gas rates have become unbearable. Loadshedding is another headache. The power looms sector is badly affected in Faisalabad resulting in spinnin
Published 24 Nov, 2008 12:00am
Dancing with disaster

Dancing with disaster

On August 27, 2008 Karachi Stock Exchange started its dance with disaster by putting a floor under the market. The reason for this extraordinary decision was sharp decline in the prices of shares and its implication on financial system.
Published 24 Nov, 2008 12:00am
ROVER'S DIARY: free market fundamentalism fails!

ROVER'S DIARY: free market fundamentalism fails!

Free marketing fundamentalism has received a big set back from the on-going economic crises. What is evident from the present crises is that fundamentalism does not work. May it be political, religious or of an economic doctrine.
Published 24 Nov, 2008 12:00am
Piracy at sea

Piracy at sea

Newspapers in Pakistan and the world are giving extensive coverage to piracy off the coast of Somalia. I had learned about this act when I had picked up a book at a stall off Regal Chowk in 1958 for only one rupee. "The history of piracy - 1932", written
Published 24 Nov, 2008 12:00am
Great expectations from Barack Obama

Great expectations from Barack Obama

A world reeling from Bush's eight years of neo-conservatism rejoiced at Barack Obama's victory at the polls. The level of expectation world-wide about the incoming administration remains extremely high.
Published 24 Nov, 2008 12:00am
The need to tax agricultural income

The need to tax agricultural income

In the aftermath of the announcement by the Advisor to the Prime Minister on Finance, Shaukat Tarin, that Pakistan has formally requested assistance from the International Monetary Fund (IMF) there is intense speculation as to what fiscal measures would b
Published 24 Nov, 2008 12:00am
Pragmatic approach to militancy

Pragmatic approach to militancy

History tells us that crises of the magnitude Pakistan faces today did overwhelm some countries forcing their capitulation while some others survived, even emerged stronger, depending on how much realistically their people perceived the crises and how muc
Published 24 Nov, 2008 12:00am
Hyderabad to get kidney transplant centre

Hyderabad to get kidney transplant centre

A feasibility report for the establishment of Kidney Transplantation and Dialysis Centre in Hyderabad would be submitted to the federal government by 25th of this month, informed DCO Hyderabad Ali Ahmed Lund.
Published 24 Nov, 2008 12:00am
PSQCA, ANSI sign MoU for mutual co-operation

PSQCA, ANSI sign MoU for mutual co-operation

Recognising the desirability of the global use of international standards, Pakistan Standards & Quality Control Authority (PSQCA) and The American National Standards Institute (ANSI) have signed a Memorandum of Understanding (MOU) committing to ensure tha
Published 24 Nov, 2008 12:00am
Anti-polio drive begins today

Anti-polio drive begins today

More than 0.5 million children of below five years age, would be given polio drops during the three-day anti-polio drive starting from November 24, throughout the Bahawalpur district.
Published 24 Nov, 2008 12:00am
Free hepatitis vaccination camp held

Free hepatitis vaccination camp held

The Sindh Minister for Rural Development, Zubair Ahmed Khan has said that his party, MQM, believes in serving the people without any discrimination. This he said while inaugurating medical camp organised by the Khidmat Khalaq Foundation to vaccinate the c
Published 24 Nov, 2008 12:00am
'Sindh to launch Rs 800 million HTCP'

'Sindh to launch Rs 800 million HTCP'

'The Sindh Government has earmarked Rs800 million to launch Hepatitis Control Programme (HTCP) and Rs 20 million to combat Dengue virus in the province,' the Sindh Minister for Health, Dr Sagheer Ahmed said. He was talking to the journalists at the commit
Published 24 Nov, 2008 12:00am
Government plans to issue license plates to motorcycles

Government plans to issue license plates to motorcycles

To combat the sale of snatched/stolen motorcycles, the Sindh government has planned to issue license plates to motorcycles at the time of registration. Sindh Minister for Excise and Taxation (E&T) Mukesh Kumar Chawala told Business Recorder on Satu
Published 24 Nov, 2008 12:00am