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Print - 2010-07-12
It's just the beginning, say proud Uruguayans

It's just the beginning, say proud Uruguayans

Uruguay's players heralded a new era for the two-time World Cup winners in the wake of their 3-2 defeat by Germany in the third place match here. While the result was the same as their clash at the same stage 40 years ago in Mexico, it still represented t
Published 12 Jul, 2010 12:00am
World's first face transplant conducted

World's first face transplant conducted

French doctors are claiming to have carried out the world's first successful full-face transplant, a news report said on July 08. The operation was conducted at the end of June on a 35-year-old man whose face had been deformed by a genetic disorder and co
Published 12 Jul, 2010 12:00am
Fish oil may lower breast cancer risk

Fish oil may lower breast cancer risk

Women who take fish oil supplements may have a lower risk of developing breast cancer than those who don't, a study published on July 08 suggests - though whether the supplement itself bestows the benefit is not yet clear.
Published 12 Jul, 2010 12:00am
Haiti most at risk from natural disasters

Haiti most at risk from natural disasters

Haiti and Mozambique are the nations most at risk economically from natural disasters, according to a ranking on July 08 that says some rich countries such as Italy and the United States also face high risks.
Published 12 Jul, 2010 12:00am
La Nina likely to cool tropical Pacific soon

La Nina likely to cool tropical Pacific soon

La Nina is likely to cool the tropical Pacific in coming months, a phenomenon which usually causes stronger monsoons across Asia and eastern Australia, the World Meteorological Organisation (WMO) said on July 06. The weather condition also promotes the de
Published 12 Jul, 2010 12:00am
32,000 lives could be saved with colonoscopy

32,000 lives could be saved with colonoscopy

Around 32,000 lives could be saved each year if people over 50 got regular colorectal cancer screening as recommended, the US Centres for Disease Control said.The disease is the second leading cause of deaths in the United States after lung cancer, but mi
Published 12 Jul, 2010 12:00am
New batfish species find under US Gulf oil spill

New batfish species find under US Gulf oil spill

Researchers have discovered two previously unknown species of bottom-dwelling fish in the Gulf of Mexico, living right in the area affected by the BP oil spill. Researchers identified new species of pancake batfishes, a flat fish rarely seen because of th
Published 12 Jul, 2010 12:00am
South Korea attacked by reactivated computer virus

South Korea attacked by reactivated computer virus

South Korean government and private websites have come under cyber-attack a year after a major attack briefly crippled sites domestically and in the United States, officials said on July 8. Five websites including those of the presidential Blue House and
Published 12 Jul, 2010 12:00am
New security measures for Apple's iTunes

New security measures for Apple's iTunes

Apple put new security measures in place on iTunes on July 7, one day after barring a Vietnamese applications developer for fraud. Apple said users of the hugely popular online store would be asked to make more frequent entries of the CCV code on their cr
Published 12 Jul, 2010 12:00am
Data traffic a threat to Italian network: Agcom

Data traffic a threat to Italian network: Agcom

The growing use of smartphones that have sent data traffic surging risks triggering a collapse in Italy's mobile telecoms network and demands urgent intervention, the head of the country's industry regulator said on July 6.
Published 12 Jul, 2010 12:00am
YouTube unveils 'Leanback,' updated mobile site

YouTube unveils 'Leanback,' updated mobile site

YouTube wants users to watch more videos and to make it more like watching television. The Google-owned video-sharing site unveiled a new feature on July 7 called YouTube Leanback, which provides a large screen viewing experience on a computer and will al
Published 12 Jul, 2010 12:00am
Lenovo says Apple missing opportunities in China

Lenovo says Apple missing opportunities in China

The founder of Chinese IT giant Lenovo said in an interview published on July 5 that Apple is missing huge opportunities in the world's most populous nation because it does not understand mainland consumers. "We are lucky that Steve Jobs has such a bad te
Published 12 Jul, 2010 12:00am
Borders launches e-bookstore, new smartphone applications

Borders launches e-bookstore, new smartphone applications

Borders Group Inc launched its long awaited electronic bookstore on July 7, along with applications for the store on several leading smartphones in a bid to catch up to rival booksellers and generate sales in the fast growing e-book segment. Borders, the
Published 12 Jul, 2010 12:00am
Cathay Pacific plans fast Internet & cellphone service

Cathay Pacific plans fast Internet & cellphone service

Cathay Pacific has announced plans to fit its entire fleet with full broadband Internet access, a mobile phone service and even live television. In a deal with Panasonic Avionics, the eXConnect broadband system will have speeds of up to 50 megabytes on th
Published 12 Jul, 2010 12:00am
Virtual currency online

Virtual currency online

Facebook signed a deal with a Malaysian company on July 8 allowing a virtual currency for online games and services to be sold at retail shops across Asia for the first time. The social-networking giant teamed up with payment service provider MOL AccessPo
Published 12 Jul, 2010 12:00am
DoCoMo plans new app platform for phones

DoCoMo plans new app platform for phones

Japan's number one mobile phone operator NTT DoCoMo has said it will add a new application platform to its "i-mode" handsets this year as it tries to catch up with Apple's runaway iPhone success. NTT DoCoMo will allow third-party individuals to develop ap
Published 12 Jul, 2010 12:00am
Germany first to authenticate e-mail scheme

Germany first to authenticate e-mail scheme

Germany took a first step on July 6 towards an authenticated e-mail scheme, which will allow people to place legally valid orders and applications via the internet. The scheme, dubbed De-Mail in a pun on the country's web domain name "de," includes encryp
Published 12 Jul, 2010 12:00am
Google to resume gathering map data in four countries

Google to resume gathering map data in four countries

Google Inc has decided to resume gathering images in four countries for its Street View mapping service. The Internet search company will start driving its cars in Ireland, Norway, South Africa and Sweden from next week, it said on its European Public Pol
Published 12 Jul, 2010 12:00am
Burundi mobile subscribers double in 2009

Burundi mobile subscribers double in 2009

The number of mobile phone subscribers in Burundi more than doubled last year to 1,076,478, due in part to expanded network coverage, its telecoms industry regulator said on July 6 Regulator ARCT said it expected the number of mobile phone users to go abo
Published 12 Jul, 2010 12:00am
Sony to introduce new PlayStation3 with bigger memory

Sony to introduce new PlayStation3 with bigger memory

Electronics giant Sony said on July 6 it will introduce an upgraded PlayStation 3 videogame console in Japan at the end of July, with a bigger memory and a new white version on offer.
Published 12 Jul, 2010 12:00am
Standard Chartered eyes physical crude, coal trade

Standard Chartered eyes physical crude, coal trade

Asia-focused Standard Chartered Bank Plc is looking to expand its commodities trading business into the physical energy markets, mainly for crude oil and coal, a senior executive said on July 09.
Published 12 Jul, 2010 12:00am
BlackBerry maker RIM in push to tap China market

BlackBerry maker RIM in push to tap China market

Research in Motion maker of BlackBerry smartphone, said it is preparing to launch an applications store and consumer Internet services in China as part of its push into the world's top mobile market.
Published 12 Jul, 2010 12:00am
Credit Suisse to expand commodities in Asia

Credit Suisse to expand commodities in Asia

Credit Suisse aims to expand its commodities business across Asia to capitalise on demand growth in the face of volatile markets and tightening regulations in the West, a senior bank executive said. "Credit Suisse has a strong position through its fixed i
Published 12 Jul, 2010 12:00am
Volvo expects Asia to be its top market by 2015

Volvo expects Asia to be its top market by 2015

Volvo, the world's second largest truck maker, expects Asia to overtake Europe as its largest market by 2015, helped by robust demand in India and China, its chief executive said. While growth is tapering off in mature markets in Europe and North America,
Published 12 Jul, 2010 12:00am
Fiat will move production of Panda model to Italy

Fiat will move production of Panda model to Italy

Italian car maker Fiat said on July 09 it would move production of one of its best-selling models from Poland to Italy after months of incertitude over the future of a plant currently employing 5,200 people. Fiat and the unions "agreed on the need for the
Published 12 Jul, 2010 12:00am
Harley-Davidson opens first Indian dealership

Harley-Davidson opens first Indian dealership

Harley-Davidson has launched its first Indian dealership as it pitches the "freedom of the open road" in a nation with some of the world's most congested traffic, the US company said on July 10. Harley-Davidson, the iconic heavyweight motorcycle maker, la
Published 12 Jul, 2010 12:00am
Bharti Airtel to invest $150 million in Kenya

Bharti Airtel to invest $150 million in Kenya

Indian mobile phone operator Bharti Airtel on July 09 announced a 150-million-dollar investment in Kenya following its take-over of the African subsidiary of Kuwaiti telecommunications firm Zain. "Africa is the last frontier for mobile telecom and mobile
Published 12 Jul, 2010 12:00am
Citi plans more Islamic equity-type products

Citi plans more Islamic equity-type products

Citi will offer more equity-type Islamic products such as mudaraba accounts and stock investments to access Middle East funds which chase higher returns, a company official said. The shift towards more risk-sharing investments, which mirrors an industry t
Published 12 Jul, 2010 12:00am
Businesses step up criticism of Obama's agenda

Businesses step up criticism of Obama's agenda

Some US business groups, upset about budget and regulatory policies they say are costing jobs, are accusing President Barack Obama of pursuing an agenda that is hurting the US economic recovery.
Published 12 Jul, 2010 12:00am
EU seeks truce in GM crops battle

EU seeks truce in GM crops battle

Europe's long battle over genetically modified crops takes a new turn Tuesday when the European Commission offers a truce with governments to break an impasse blocking their development. The EU's executive arm will propose to give individual governments t
Published 12 Jul, 2010 12:00am
China's credit, foreign exchange reserves growth slows

China's credit, foreign exchange reserves growth slows

The pace of money and credit growth in China slowed markedly in June as the central bank steered its anti-crisis monetary policy back to normal, while the country's official currency reserves barely grew last quarter.
Published 12 Jul, 2010 12:00am
ECB launches offensive on eurozone economic fears

ECB launches offensive on eurozone economic fears

The European Central Bank insists the eurozone will not fall back into recession, saying the worst of the debt crisis is past and other economies should now be fixing their public finances.
Published 12 Jul, 2010 12:00am
Stress test included haircut on German debt

Stress test included haircut on German debt

Europe's banking stress test included a haircut on German sovereign debt under certain conditions in its worst scenario, a German magazine reported. In the most stringent of three stress scenarios, the assumed mark-down on German government bonds was 2.3
Published 12 Jul, 2010 12:00am
Stress test included haircut on German debt

Stress test included haircut on German debt

Europe's banking stress test included a haircut on German sovereign debt under certain conditions in its worst scenario, a German magazine reported. In the most stringent of three stress scenarios, the assumed mark-down on German government bonds was 2.3
Published 12 Jul, 2010 12:00am
White House says changes to Fannie Freddie on deck

White House says changes to Fannie Freddie on deck

Republicans should not use problems at mortgage finance giants Fannie Mae and Freddie Mac as an excuse to vote against sweeping changes to the rules of Wall Street, White House spokesman Robert Gibbs said on Sunday. "We are going to reform Fannie Mae and
Published 12 Jul, 2010 12:00am
South Korean finance minister upbeat on global economy

South Korean finance minister upbeat on global economy

The global economy will likely avoid sliding back into crisis despite Europe's debt problems and uncertainty over the US and Chinese economies, South Korea's finance minister said Sunday. "The global recovery now stays on its upward cycle and I believe th
Published 12 Jul, 2010 12:00am
Abu Dhabi reluctant to invest in BP

Abu Dhabi reluctant to invest in BP

Abu Dhabi is reluctant to invest in BP, a report said, only days after the British company's chief was thought to have sought investment from sovereign wealth funds on a visit to the Gulf state. Citing sources, the Middle East Economic Survey said it "und
Published 12 Jul, 2010 12:00am
Dubai World to meet creditors July 22

Dubai World to meet creditors July 22

Troubled state conglomerate Dubai World has invited creditors to a July 22 meeting to offer details on its multi-billion dollar debt restructuring, the first session to include all lenders since December 2009. Three sources from among the group's 80 credi
Published 12 Jul, 2010 12:00am
No margin for error in Wall Street bill's final test

No margin for error in Wall Street bill's final test

Democrats will have little margin for error this week as they push for final US congressional approval of the most comprehensive rewrite of financial rules since the Great Depression.
Published 12 Jul, 2010 12:00am
UK austerity budget boosts sterling sentiment

UK austerity budget boosts sterling sentiment

The toughness of Britain's austerity budget unveiled last month persuaded foreign exchange strategists to notch up sterling forecasts for the first time in seven months, a Reuters poll showed on Wednesday.
Published 12 Jul, 2010 12:00am
French regulator sees G20 action on currencies

French regulator sees G20 action on currencies

France will use its presidency of the Group of 20 major world economies next year to work for a global currency system that relates exchange rates to purchasing power, the country's markets regulator said on Friday.
Published 12 Jul, 2010 12:00am
Election, global sentiment to guide Tokyo shares

Election, global sentiment to guide Tokyo shares

Japanese shares may continue to gain ground in the coming week in line with world markets as concerns about the pace of recovery in the global economy continue to ease, brokers said Friday.
Published 12 Jul, 2010 12:00am
Hedge funds bank on a second-half jolt

Hedge funds bank on a second-half jolt

Most hedge funds managed to come through the market tumult of the first half with flat to slightly lower returns, but that kind of ho-hum performance may not satisfy wealthy investors going forward. For the year to date, the average hedge fund lost 1.45 p
Published 12 Jul, 2010 12:00am
Hedge funds bank on a second-half jolt

Hedge funds bank on a second-half jolt

Most hedge funds managed to come through the market tumult of the first half with flat to slightly lower returns, but that kind of ho-hum performance may not satisfy wealthy investors going forward. For the year to date, the average hedge fund lost 1.45 p
Published 12 Jul, 2010 12:00am
Dubai's two bourses unite to form single trading platform

Dubai's two bourses unite to form single trading platform

Dubai's two stock markets on Sunday started to trade on a single platform in a bid to consolidate the markets. Nasdaq Dubai announced that all trading in its listed equities is now being done through the platform of the larger Dubai Financial Market (DFM)
Published 12 Jul, 2010 12:00am
Saudi index at two-week high

Saudi index at two-week high

Saudi Arabia's index hit a two-week high on Sunday, buoyed by steady earnings and end-of-week gains in world equities and oil prices as similar sentiment lifted most Middle East bourses. Saudi Basic Industries Corp climbed 1.1 percent to 90.50 riyals. The
Published 12 Jul, 2010 12:00am
Global markets not too stressed

Global markets not too stressed

Potentially robust second-quarter corporate earnings and more clarity on the state of European banks in the coming week should help calm investors stressed by a possibility of a double-dip recession.
Published 12 Jul, 2010 12:00am
British growth data awaits investors on return

British growth data awaits investors on return

Traders on the London stock market will be greeted by key British economic growth data on returning to their desks Monday, following a sharp rally for share prices. The FTSE 100 ended the week at 5,132.94 points, up 6.09 percent compared with the previous
Published 12 Jul, 2010 12:00am
Euro to remain most volatile currency

Euro to remain most volatile currency

Euro and yen volatility is seen rising in the coming month, according to calculations from the monthly Reuters foreign exchange poll, as the euro area debt crisis shows little signs of easing. Debate over the euro's credibility is set to continue and the
Published 12 Jul, 2010 12:00am
Bangladesh jails police over extrajudicial killing

Bangladesh jails police over extrajudicial killing

A Bangladesh court jailed 11 policemen on Sunday on suspicion of carrying out an extrajudicial killing two years ago, court officials said, after an outcry from human rights groups.
Published 12 Jul, 2010 12:00am
Thousands evacuated in China as dam threatens to burst

Thousands evacuated in China as dam threatens to burst

Flooding, landslides and torrents of mud have killed 50 people in southern China and the government has evacuated thousands of people from homes near an overfilled, leaking reservoir, officials and state media said.
Published 12 Jul, 2010 12:00am
Fidel Castro makes first appearance in four years

Fidel Castro makes first appearance in four years

Cuban revolutionary leader Fidel Castro made his first known public appearance since falling ill four years ago in a visit this week to a Havana scientific facility, a blog and a Cuban government website reported on Saturday.
Published 12 Jul, 2010 12:00am
'Irrational' Iran can't get nuclear arms: Netanyahu

'Irrational' Iran can't get nuclear arms: Netanyahu

"Irrational regimes" like Iran cannot be allowed to have nuclear arms and it is a mistake to think Tehran's ambitions can be contained, Israeli Prime Minister Benjamin Netanyahu said on US television.
Published 12 Jul, 2010 12:00am
Netanyahu to meet Mubarak on July 13

Netanyahu to meet Mubarak on July 13

Prime Minister Benjamin Netanyahu, back in Israel from talks in Washington on restarting direct peace negotiations with the Palestinians, said on Sunday he would meet Egyptian President Hosni Mubarak this week.
Published 12 Jul, 2010 12:00am
Israel says won't let Libyan aid ship reach Gaza

Israel says won't let Libyan aid ship reach Gaza

Israel will not allow an aid ship sent by a Libyan group to reach Gaza, Foreign Minister Avigdor Lieberman said on Sunday, just over a month after Israeli commandos killed nine activists in a raid at sea.
Published 12 Jul, 2010 12:00am
US criminal probe into oil spill ongoing: attorney general

US criminal probe into oil spill ongoing: attorney general

The US Justice Department is still investigating the causes of the Gulf of Mexico oil spill to determine whether to bring criminal charges, Attorney General Eric Holder said Sunday. "The investigation is ongoing. We are in the process of accumulating docu
Published 12 Jul, 2010 12:00am
Mental health a growing concern after Gulf spill

Mental health a growing concern after Gulf spill

Gulf Coast native Kindra Arnesen is so anxious about the effects of the Gulf of Mexico oil spill she is packing up her family and leaving town. "Stress? Dude my clothes are falling off me (because of weight loss). The level of stress here is tremendous. M
Published 12 Jul, 2010 12:00am
Darfur violence kills 221 in June

Darfur violence kills 221 in June

A total of 221 people died in tribal fighting and other violence in Sudan's Darfur in June, peacekeepers said on Sunday, as the region's two main rebels groups continued to shun peace talks. Violence has spiked in the arid western territory since the insu
Published 12 Jul, 2010 12:00am
No decision yet where to try 9/11 plotters: US

No decision yet where to try 9/11 plotters: US

The Obama administration is still mulling where to hold the trials of the alleged co-plotters behind the September 11 attacks, US attorney general Eric Holder said Sunday. "We are still in the process of considering that," Holder said in an interview with
Published 12 Jul, 2010 12:00am
Obama sets campaign mode to attack

Obama sets campaign mode to attack

President Barack Obama has decided that fiery self defence and withering mockery of Republicans are the best modes of attack, as he tries to save Democrats from a drubbing in November elections. Obama road-tested his pitch to grassroots Democrats and wave
Published 12 Jul, 2010 12:00am
India to spend $11 billion on submarine project

India to spend $11 billion on submarine project

India's government has allocated 500 billion rupees (about 11 billion dollars) to build and buy six new-generation submarines in what is considered the costliest military contract in the South Asian nation's history, a newspaper reported Sunday.
Published 12 Jul, 2010 12:00am
Yemen arrests eight al Qaeda suspects, including Saudi

Yemen arrests eight al Qaeda suspects, including Saudi

Yemeni authorities have arrested eight suspected al Qaeda militants, including a Saudi fugitive, accused of plotting attacks on security installations, the defence ministry said on Sunday. The arrests of the eight came days after two suspected members of
Published 12 Jul, 2010 12:00am
Taliban attacks kill 14 Afghan police

Taliban attacks kill 14 Afghan police

At least fourteen Afghan police and a provincial official have been killed in three separate insurgent attacks across northern Afghanistan, government and security officials said on Sunday. The north has largely escaped the bulk of fighting which pits a r
Published 12 Jul, 2010 12:00am
India ends IHK Kashmir curfew

India ends IHK Kashmir curfew

A curfew was lifted from most of Indian-held Kashmir on Sunday, but a strike called by APHC to protest against recent civilian killings kept shops and offices closed. Indian security forces have been struggling to control a wave of demonstrations in the o
Published 12 Jul, 2010 12:00am
Turkish Prime Minister determined to work for charter change

Turkish Prime Minister determined to work for charter change

Turkish Prime Minister Tayyip Erdogan said he would press ahead with efforts to overhaul the constitution despite a court ruling vetoing some of his reforms. Erdogan says the changes are needed to bring Turkey's constitution in line with those of Europea
Published 12 Jul, 2010 12:00am
Iraqi court seeks arrest of Iranian exiles

Iraqi court seeks arrest of Iranian exiles

An Iraqi court ordered the arrest of 39 members of an exiled Iranian opposition group, accusing them of crimes against humanity in helping Saddam Hussein to crush a revolt almost two decades ago, a judge said on Sunday. The 39 are members of the People's
Published 12 Jul, 2010 12:00am
Iraq Kurds say to crack down on fuel smuggling

Iraq Kurds say to crack down on fuel smuggling

Iraq's northern Kurdish region is cracking down on fuel oil smuggling through the area and across Iraq's borders, the government of the semi-autonomous region said on Sunday.
Published 12 Jul, 2010 12:00am
British police probed over fugitive manhunt

British police probed over fugitive manhunt

Police were under investigation Sunday after one of Britain's biggest ever manhunts ended in two officers firing stun guns at fugitive Raoul Moat and the wanted man shooting himself dead. As the picturesque village of Rothbury in north-east England tried
Published 12 Jul, 2010 12:00am
Gilani holds meeting with Ibad and Qaim

Gilani holds meeting with Ibad and Qaim

Prime Minister, Syed Yousuf Raza Gilani held a meeting with Sindh Governor Dr Ishrat-ul-Ebad Khan and Sindh Chief Minister Syed Qaim Ali Shah at the Governor House here on Sunday. The Prime Minister held a meeting with the Sindh Governor and CM soon after
Published 12 Jul, 2010 12:00am
Solution to our problems lies in democracy: Gilani

Solution to our problems lies in democracy: Gilani

The solution to " our problems lies in democracy which should be strengthened in order to ensure a brighter future for the country." This was stated by Prime Minister, Syed Yusuf Raza Gilani, here on Sunday evening.
Published 12 Jul, 2010 12:00am
APFMA team meets Gondal today

APFMA team meets Gondal today

A delegation of the All Pakistan Flour Mills Association (APFMA) would meet Federal Minister for Food and Agriculture Nazar Mohammad Gondal in Islamabad on Monday (today) for an acceptance of their demands to end their indefinite strike, APFMA leader Bila
Published 12 Jul, 2010 12:00am
Seven killed in south Sudan clashes: army

Seven killed in south Sudan clashes: army

At least seven people have been killed in fighting in south Sudan's Upper Nile state when soldiers attacked a rival militia, a military spokesman said on Sunday. A southern army unit launched an attack on Friday on gunmen accused of membership in the mili
Published 12 Jul, 2010 12:00am
Clinton to pay tribute to South Korean sailors

Clinton to pay tribute to South Korean sailors

US Secretary of State Hillary Clinton and Defence Secretary Robert Gates will pay their respects to 46 South Korean sailors killed when their warship was sunk in March, officials said Sunday. Clinton and Gates are scheduled to attend a joint meeting of th
Published 12 Jul, 2010 12:00am
Drizzle forecast

Drizzle forecast

The Meteorol-ogical Department Sunday forecast cloudy/windy, occasionally light rain/drizzle weather for Karachi in next 24 hours. Maximum temperature in the city would range between 32 and 34 degrees Celsius on Monday, it said.
Published 12 Jul, 2010 12:00am
Sales Tax Act: 'FBR has to adopt fast-track method to notify amendments'

Sales Tax Act: 'FBR has to adopt fast-track method to notify amendments'

Parliament-arians, business community, tax bar associations and other stakeholders would only have two months, ie August-September to comment on the reformed General Sales Tax (GST) in case the Federal Board of Revenue (FBR) notify amendments in the Sales
Published 12 Jul, 2010 12:00am
PHMA for allowing import of textile accessories from India

PHMA for allowing import of textile accessories from India

Pakistan Hosiery Manufacturers Association (PHMA) has proposed the government to allow import of textile accessories from India to fulfil the foreign buyers' products demands. The association wants the SRO 1065(I)/2005 dated October 20, 2005, which is pri
Published 12 Jul, 2010 12:00am
Imitation jewellery items' sale on the rise

Imitation jewellery items' sale on the rise

Hike in the prices of yellow metal compels people to buy ornaments made up of other metals as the boom in the demand of imitation jewellery has constituted a general rise in the demand and prices of metals used to carve imitation jewellery.
Published 12 Jul, 2010 12:00am
Senate body to discuss enforcement of free education law

Senate body to discuss enforcement of free education law

Senate Standing Committee on Education would hold a special meeting to discuss implementation of law providing for free education up to sixteen years, as per 18th amendment on July 12 (Monday). Under newly inserted Article 25 A in 18th amendment of the Co
Published 12 Jul, 2010 12:00am
15 militants killed in Orakzai Agency

15 militants killed in Orakzai Agency

The security forces, backed by gunship helicopters, jets fighters and artillery, killed at least 15 extremists during an action in Upper Orakzai Agency, official said on Sunday. The security forces pounded suspected positions of militants at Torasak, Tors
Published 12 Jul, 2010 12:00am
Prisoner escapes from jail

Prisoner escapes from jail

A prisoner fled from Adiala Jail on Sunday after giving dodge to Police. Zeeshan Abbasi was reportedly arrested some four months back on charge of selling narcotics, who escaped from the jail in a broad daylight.
Published 12 Jul, 2010 12:00am
Government respects judiciary, says minister

Government respects judiciary, says minister

Provincial Minister for Finance and Planning & Development Tanvir Ashraf Kaira Sunday said the government respects judiciary and every decision it makes would be implemented in letter and spirit. He said every institution is working within its limitations
Published 12 Jul, 2010 12:00am
Data Darbar: one attacker identified, says Malik

Data Darbar: one attacker identified, says Malik

Interior Minister Rehman Malik on Sunday said that one of the two suicide attackers on Data Darbar has been identified by the law enforcement agencies. While talking to media here, Malik said that the facts would be brought before the public, as there is
Published 12 Jul, 2010 12:00am
Police seize 22kg narcotics

Police seize 22kg narcotics

CIA Police Model Town Division has arrested a drug-pusher Muhammad Ayaz and confiscated 22 kg high quality chars (narcotics) from his possession. Earlier, Capital City Police Officer Muhammad Aslam Tareen had directed SP CIA to arrest the culprits involve
Published 12 Jul, 2010 12:00am
Govt versus judiciary

Govt versus judiciary

The Supreme Court verdicts on the 18th Amendment and the NRO cases will have far-reaching consequences on the overall working of the government machinery. The government and the judiciary are moving on a collusion course and this clash can be averted if b
Published 12 Jul, 2010 12:00am
A deficient legal system

A deficient legal system

Faced with a multifaceted and incomprehensible rising surge of suicidal militants, the nation tends to look forward to the security forces to effectively capture these havoc creators and upon the judiciary to pronounce befitting punishments, originating f
Published 12 Jul, 2010 12:00am
Death of baby with no name shows Hong Kong's failings

Death of baby with no name shows Hong Kong's failings

It was a Third World death in a First World city. A 3-month-old Hong Kong girl starved to death because her parents claimed they didn't have enough money to feed her. When she died in hospital last summer, the little girl without a name weighed 0.21 kilog
Published 12 Jul, 2010 12:00am
What genocide? Karadzic regrets nothing

What genocide? Karadzic regrets nothing

Widows, children and other relatives of killed Bosnian Muslims often stare disbelievingly at what they see through the bullet and sound-proof glass in "Courtroom One" of the United Nations war crimes tribunal in The Hague. Radovan Karadzic, the man blamed
Published 12 Jul, 2010 12:00am
Terrorism and the economy

Terrorism and the economy

What is wrong with our country's economy? Analysts in Pakistan have begun to almost routinely respond to this question not by identifying economic factor(s) that can indubitably be held responsible for the ongoing malaise, and there are several ranging fr
Published 12 Jul, 2010 12:00am
Sindh-Punjab water dispute

Sindh-Punjab water dispute

The growing political polarisation in the country seems to be taking yet another form: the governments of Punjab and Sindh are set on a collision course over the distribution of water. Even at the level of Chief Ministers, the dispute has taken a strong p
Published 12 Jul, 2010 12:00am
Fiscal deficit for 2009-10

Fiscal deficit for 2009-10

The data on the consolidated fiscal position of the country for the outgoing year is still to be finalised, but initial reports are really depressing. According to certain estimates, the country's fiscal deficit for 2009-10 is likely to be around 5.8 perc
Published 12 Jul, 2010 12:00am
Business community fully supports government against terrorism

Business community fully supports government against terrorism

Federation of Pakistan Chambers of Commerce and Industry, all its affiliated chambers and associated trade bodies unanimously announced to continue its unflinching and unwavering full support to the government to stamp out the menace of terrorism.
Published 12 Jul, 2010 12:00am
Spinner-buyers trimmed abnormal increase in cotton prices

Spinner-buyers trimmed abnormal increase in cotton prices

New crop cotton harvesting is gaining momentum day by day and so the ginning operations. Last week some cotton areas of Lower Sindh received normal rains, which largely benefited the plants. In Punjab also rain was reported from some cotton areas of centr
Published 12 Jul, 2010 12:00am
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