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Print - 2011-01-31
Bangladesh central bank raises inflation forecast

Bangladesh central bank raises inflation forecast

Bangladesh's central bank raised its inflation forecast for the 2010/11 fiscal year to 7 percent from 6.5 percent, largely because of higher food prices. Inflation in the 2009/10 year to end-June was 7.31 percent, above the bank's target of 6.5 percent.
Published 31 Jan, 2011 12:00am
China says Fed easing ineffective, dangerous

China says Fed easing ineffective, dangerous

Quantitative easing by the Federal Reserve and other central banks cannot address fundamental economic problems but may lead to excessive global liquidity and competitive currency depreciation, China's central bank said on Sunday.
Published 31 Jan, 2011 12:00am
Kenya's stock market set for online trading system

Kenya's stock market set for online trading system

Kenyan stock market brokers will need to focus on providing additional services instead of brokering trades when a new online market system goes live in March, the Nairobi Stock Exchange's chief executive said on Thursday.
Published 31 Jan, 2011 12:00am
Canada short-term yields seen climbing

Canada short-term yields seen climbing

Canadian bond and money market yields are expected to rise steadily this year, but forecasts for the rise in short-term yields have come down from two months ago on dovish language from the Bank of Canada.
Published 31 Jan, 2011 12:00am
Canada short-term yields seen climbing

Canada short-term yields seen climbing

Canadian bond and money market yields are expected to rise steadily this year, but forecasts for the rise in short-term yields have come down from two months ago on dovish language from the Bank of Canada.
Published 31 Jan, 2011 12:00am
British oil majors in focus next week

British oil majors in focus next week

British oil giants BP and Royal Dutch Shell will unveil their annual results next week, as traders' focus switches to corporate data after a slew of key economic releases. London's FTSE 100 index dipped 0.25 percent over the past week to finish at 5,881.3
Published 31 Jan, 2011 12:00am
Wall Street Weekahead: focus will be on Egypt, earnings, jobs data

Wall Street Weekahead: focus will be on Egypt, earnings, jobs data

US stocks may struggle to return to firmer footing next week if anti-government riots in Egypt destabilise the Middle East, keeping investors on edge. Cautious trading could also come if earnings don't outperform and erode optimism about profits.
Published 31 Jan, 2011 12:00am
Hedge fund Pharo sees yuan up 5-7 percent

Hedge fund Pharo sees yuan up 5-7 percent

Pharo Management is adding the yuan share class to its flagship $3.3 billion hedge fund, convinced the Chinese currency will gain 5-7 percent against the dollar in 2011.
Published 31 Jan, 2011 12:00am
Hedge fund Pharo sees yuan up 5-7 percent

Hedge fund Pharo sees yuan up 5-7 percent

Pharo Management is adding the yuan share class to its flagship $3.3 billion hedge fund, convinced the Chinese currency will gain 5-7 percent against the dollar in 2011.
Published 31 Jan, 2011 12:00am
Yuan should not rise over six percent in 2011

Yuan should not rise over six percent in 2011

The yuan should not rise more than 6 percent this year as Chinese exporters will feel the pain from a stronger currency, an economist at China's powerful economic planning agency was quoted as saying on Saturday.
Published 31 Jan, 2011 12:00am
Investors seen rushing to emerging corporate debt

Investors seen rushing to emerging corporate debt

Investors snapped up emerging corporate debt in January, capitalising on a yield advantage over unfashionable sovereigns while retaining faith in the long-term emerging market story even as local equity prices cool.
Published 31 Jan, 2011 12:00am
Investors seen rushing to emerging corporate debt

Investors seen rushing to emerging corporate debt

Investors snapped up emerging corporate debt in January, capitalising on a yield advantage over unfashionable sovereigns while retaining faith in the long-term emerging market story even as local equity prices cool.
Published 31 Jan, 2011 12:00am
Global Markets Weekahead: jobs and inflation to test risk rally

Global Markets Weekahead: jobs and inflation to test risk rally

Fundamentals are on investors minds heading into February, with big tests in the coming week about jobs and inflation. Overall, the first month of the year has been a good one for investors willing to take on some risk.
Published 31 Jan, 2011 12:00am
Middle East markets tumble on Egypt turmoil, contagion fears

Middle East markets tumble on Egypt turmoil, contagion fears

Gulf stock markets tumbled on Sunday as investors, rattled by turmoil in Egypt and concerns the unrest may spread, quit their positions to push indices to multi-week lows. Egyptian protesters were on the streets again in central Cairo, demanding President
Published 31 Jan, 2011 12:00am
Inflation fears to drive bond yields higher

Inflation fears to drive bond yields higher

Mounting inflation pressures in Europe and an improving US economy prompted bond strategists to ratchet up their US Treasury, bund and gilt yield forecasts in January, a Reuters poll showed.
Published 31 Jan, 2011 12:00am
Japan shares seen under pressure next week

Japan shares seen under pressure next week

Japanese shares are likely to remain under pressure in the coming week after ratings agency Standard & Poor's downgraded the country's public debt, triggering profit-taking, dealers said Friday. In the week to January 28, the benchmark Nikkei index at the
Published 31 Jan, 2011 12:00am
Iran MPs endorse atomic chief as foreign minister

Iran MPs endorse atomic chief as foreign minister

Iran's parliament on Sunday officially endorsed atomic chief Ali Akbar Salehi as the Islamic republic's foreign minister, who told lawmakers the nuclear issue was a key part of foreign policy. Salehi's candidacy was endorsed by 146 of the 241 lawmakers wh
Published 31 Jan, 2011 12:00am
Netherlands freezes ties with Iran

Netherlands freezes ties with Iran

The Netherlands has frozen contacts with Iran after Tehran hanged an Iranian-Dutch woman for drug smuggling, having initially arrested her for taking part in anti-government protests. Zahra Bahrami's execution Saturday brings the total number of people ha
Published 31 Jan, 2011 12:00am
12 dead in Philippine fire

12 dead in Philippine fire

Twelve people were killed in a huge fire that razed some 100 houses in a poor residential area in the Philippine capital on Sunday, authorities said. Investigators said the fire at suburban Navotas city, north of Manila, began before midnight on Saturday
Published 31 Jan, 2011 12:00am
US troops revamp training for foggy battlefields

US troops revamp training for foggy battlefields

As the war in Afghanistan enters its 10th year the US military is shaking up its traditional training regimen to prepare troops for the country's complex battlefields. At boot camps nowadays soldiers are taught to think on their toes as they prepare for m
Published 31 Jan, 2011 12:00am
Agreement to end child recruitment in Afghan police

Agreement to end child recruitment in Afghan police

The Afghan government and the United Nations on Sunday agreed to stop underage recruitment by the Afghan security forces and stem a range of violations against children in the conflict.
Published 31 Jan, 2011 12:00am
Oman says busts UAE spy network

Oman says busts UAE spy network

Oman said it had uncovered a UAE spy network in the Gulf Arab state that targeted its government and military, the state news agency of the US ally reported on Sunday. Neighbouring United Arab Emirates, a regional energy, financial and tourism hub that ty
Published 31 Jan, 2011 12:00am
Sarkozy urges early reform of UN Security Council

Sarkozy urges early reform of UN Security Council

The African Union urged Egyptian President Hosni Mubarak to respond to mass protests with reforms as its leaders met Sunday to tackle the array of crises gripping the continent.
Published 31 Jan, 2011 12:00am
10 dead in German train collision

10 dead in German train collision

Ten people died when a regional passenger train collided with a goods train late Saturday in eastern Germany, police and firemen said. Up to 20 other people were seriously injured in the accident which happened at Hordorf near Oschersleben, in Saxony-Anha
Published 31 Jan, 2011 12:00am
Arab-Israeli gets nine years for spying for Hezbollah

Arab-Israeli gets nine years for spying for Hezbollah

A prominent Arab-Israeli human rights activist was sentenced to nine years in jail on Sunday after pleading guilty to spying for Lebanon's Hezbollah, ann Israeli court official said Ameer Makhoul was convicted last October of espionage and aggravated espi
Published 31 Jan, 2011 12:00am
Protests in India against government corruption

Protests in India against government corruption

Thousands of people marched through New Delhi and several other Indian cities on Sunday to protest against corruption in the country's government and state bodies. Public anger has grown over the long-standing issue of graft in India after a series of hig
Published 31 Jan, 2011 12:00am
Deadly blast at Venezuela arms depot

Deadly blast at Venezuela arms depot

At least one person was killed and three others injured in northern Venezuela on Sunday when a series of powerful explosions shook an arms depot, officials said. The arsenal is located in the city of Maracay, in Aragua state. All residents living within f
Published 31 Jan, 2011 12:00am
Palestinians say Cyprus backs state on 1967 lines

Palestinians say Cyprus backs state on 1967 lines

The Palestinian foreign minister said on Sunday that EU-member state Cyprus recognises a Palestinian state within the 1967 borders. Riyad al-Malki told AFP the move was "formalised" in a letter sent by Cyprus President Demetris Christofias to his Palestin
Published 31 Jan, 2011 12:00am
Seminar on 'growing tendencies of intolerance' today

Seminar on 'growing tendencies of intolerance' today

Allama Iqbal Open University and International FM-96 Radio are jointly holding a one day seminar on the title "Role of Education Broadcasters in the Eradication of Growing Tendencies of Intolerance and Violence in the Society" on Monday at Auditorium of t
Published 31 Jan, 2011 12:00am
Punjab government promoting austerity in province: Shahbaz

Punjab government promoting austerity in province: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that development of resources can help achieve the goal of self-reliance and shed dependence on others for achieving a respectable status in the comity of nations.
Published 31 Jan, 2011 12:00am
DCO inaugurates free food outlet in Faisalabad

DCO inaugurates free food outlet in Faisalabad

Under CM's Sasti Roti Programme, one more free food outlet has been started at Gates Wala Chowk Satiana road which was inaugurated by DCO Naseem Sadiq here on Saturday. This free food outlet has been arranged by local philanthropist chairman Pasban IT Gro
Published 31 Jan, 2011 12:00am
Cold, dry weather forecast for today

Cold, dry weather forecast for today

The Meteorological department has forecast mainly cold and dry weather over most parts of the country for today (Monday). However, rain/snowfall over hills may occur at isolated places of Gilgit-Baltistan and Kashmir. Weather remained cold and dry in most
Published 31 Jan, 2011 12:00am
Lawyers' role in restoration of democracy lauded

Lawyers' role in restoration of democracy lauded

Prime Minister Syed Yousuf Raza Gilani said on Sunday that lawyers played very important role against a dictator and in restoration of democracy in the country.
Published 31 Jan, 2011 12:00am
Inspectors asked to continue drive against spurious drugs

Inspectors asked to continue drive against spurious drugs

The District Quality Control Board has recommended to refer 33 cases to drug court for trial against the medical stores and quacks involved in illegal act of selling spurious drugs had running clinics without qualified persons.
Published 31 Jan, 2011 12:00am
'Government won't be allowed to enhance POL prices'

'Government won't be allowed to enhance POL prices'

Pakistan Muslim League-N' central leader and Member National Assembly and an industrialist Mohammad Pervez Malik has said that the federal government should avoid increasing the prices of petrol and diesel, otherwise the tsunami of price hike would come i
Published 31 Jan, 2011 12:00am
PML-N demands inquiry into Rs 6 billion NPF fraud

PML-N demands inquiry into Rs 6 billion NPF fraud

Pakistan Muslim League (PML-N) on Sunday demanded judicial inquiry in Rs 6 billion alleged frauds in the National Police Foundation (NPF). Addressing a press conference, PML-N Leader Siddiqul Farooq also asked the NPF Chairman to constitute an inquiry tea
Published 31 Jan, 2011 12:00am
No deadlines in politics: Kaira

No deadlines in politics: Kaira

Federal Minister for Information and Broadcasting Qamar Zaman Kaira said on Sunday that there is no concept of deadlines in politics, however, the reservations of Nawaz Sharif would be addressed and all matters would be resolved with political consensus.
Published 31 Jan, 2011 12:00am
Nawaz postpones UK visit

Nawaz postpones UK visit

Pakistan Muslim League (N) Quaid Nawaz Sharif has postponed his foreign tour to UK in view of his engagements and present domestic evolving situation.
Published 31 Jan, 2011 12:00am
Six militants killed near Afghan border

Six militants killed near Afghan border

Security forces killed six militants when they repulsed their attack on checkpost near Afghan border on Sunday, security forces official said. The militants fired six missiles at a security forces checkpost in Dabori area of upper Orakzai Agency. The secu
Published 31 Jan, 2011 12:00am
Three Nato oil tankers torched near Wadh area

Three Nato oil tankers torched near Wadh area

Unidentified armed men on Sunday attacked three oil tankers carrying fuel for Nato forces in Afghanistan near Wadh area of Khuzdar district and set them on fire. Local police official Juma Khan told media persons that the affected oil tankers were plying
Published 31 Jan, 2011 12:00am
Upcoming rain spell to cast positive impact on crops

Upcoming rain spell to cast positive impact on crops

An expected moderate rain spell in the first week of February will bring positive impact on crops, especially in the Barani areas of the country. Talking to APP, Director General of Pakistan Meteorological Department (PMD) Arif Mehmood said that three rai
Published 31 Jan, 2011 12:00am
Hearts of people of Pakistan, J&K beat together: JKLL chief

Hearts of people of Pakistan, J&K beat together: JKLL chief

Hearts of the people of Pakistan and Jammu & Kashmir beat together. The Kashmir liberation movement is in full momentum in Jammu & Kashmir state and Kashmir Solidarity Day being observed across the country and AJK has always marked an impact on the libera
Published 31 Jan, 2011 12:00am
Khosa presides over Ulema's meeting

Khosa presides over Ulema's meeting

Senior Advisor to Punjab Chief Minister Sardar Zulfiqar Ali Khan Khosa on Sunday presided over a meeting of prominent Ulema from all schools of thought and religious personalities held here under the aegis of Muttahida Ulema Board Punjab.
Published 31 Jan, 2011 12:00am
NH&MP begins drive against overloading

NH&MP begins drive against overloading

National High-ways & Motorway Police N-5 Central have started drive against over-loading. DIG Syed Ibne Hussain said this while inspecting road safety campaign and special patrolling on national highway here on Sunday.
Published 31 Jan, 2011 12:00am
Sudanese police clash with students in Khartoum

Sudanese police clash with students in Khartoum

Sudanese police beat and arrested students on Sunday as protests broke out throughout Khartoum demanding the government resign, inspired by a popular uprising in neighbouring Egypt.
Published 31 Jan, 2011 12:00am
Sudanese police clash with students in Khartoum

Sudanese police clash with students in Khartoum

Sudanese police beat and arrested students on Sunday as protests broke out throughout Khartoum demanding the government resign, inspired by a popular uprising in neighbouring Egypt.
Published 31 Jan, 2011 12:00am
Bangladesh beggars to be 'paid a daily wage' during World Cup

Bangladesh beggars to be 'paid a daily wage' during World Cup

The mayor of Chittagong city in southern Bangladesh said Sunday that he would pay hundreds of beggars a daily wage to keep them off the streets during the cricket World Cup. Manzur Alam said that about 300 disabled beggars would be given 150 taka (two dol
Published 31 Jan, 2011 12:00am
Bangladesh beggars to be 'paid a daily wage' during World Cup

Bangladesh beggars to be 'paid a daily wage' during World Cup

The mayor of Chittagong city in southern Bangladesh said Sunday that he would pay hundreds of beggars a daily wage to keep them off the streets during the cricket World Cup. Manzur Alam said that about 300 disabled beggars would be given 150 taka (two dol
Published 31 Jan, 2011 12:00am
Political stability vital for economic prosperity: Prime Minister

Political stability vital for economic prosperity: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that the policy of reconciliation was aimed at bringing about political stability in the country, which was essential for economic stability. Talking to a delegation of Multan and Dera Ghazi Khan Chambers of
Published 31 Jan, 2011 12:00am
Political stability vital for economic prosperity: Prime Minister

Political stability vital for economic prosperity: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that the policy of reconciliation was aimed at bringing about political stability in the country, which was essential for economic stability. Talking to a delegation of Multan and Dera Ghazi Khan Chambers of
Published 31 Jan, 2011 12:00am
Political stability vital for economic prosperity: Prime Minister

Political stability vital for economic prosperity: Prime Minister

Prime Minister Syed Yousuf Raza Gilani has said that the policy of reconciliation was aimed at bringing about political stability in the country, which was essential for economic stability. Talking to a delegation of Multan and Dera Ghazi Khan Chambers of
Published 31 Jan, 2011 12:00am
House Speaker Boehner warns against US debt default

House Speaker Boehner warns against US debt default

US House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.
Published 31 Jan, 2011 12:00am
House Speaker Boehner warns against US debt default

House Speaker Boehner warns against US debt default

US House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.
Published 31 Jan, 2011 12:00am
House Speaker Boehner warns against US debt default

House Speaker Boehner warns against US debt default

US House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.
Published 31 Jan, 2011 12:00am
Creation of more provinces will strengthen the country, says Altaf

Creation of more provinces will strengthen the country, says Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that his party wanted to bring a peaceful revolution through vote and would not hesitate to offer sacrifices, if needed. He said his party wanted to establish a system in the country, which meets
Published 31 Jan, 2011 12:00am
Creation of more provinces will strengthen the country, says Altaf

Creation of more provinces will strengthen the country, says Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that his party wanted to bring a peaceful revolution through vote and would not hesitate to offer sacrifices, if needed. He said his party wanted to establish a system in the country, which meets
Published 31 Jan, 2011 12:00am
MONEY WEEK: SBP hawkish in tone but optimist in approach

MONEY WEEK: SBP hawkish in tone but optimist in approach

The snapshot of money expansion of the past six years shown on the first page of the latest Monetary Policy Statement clearly depicts how the pattern changed, once the government started borrowing heavily from banking system in FY08. The tale is dismal fo
Published 31 Jan, 2011 12:00am
MONEY WEEK: SBP hawkish in tone but optimist in approach

MONEY WEEK: SBP hawkish in tone but optimist in approach

The snapshot of money expansion of the past six years shown on the first page of the latest Monetary Policy Statement clearly depicts how the pattern changed, once the government started borrowing heavily from banking system in FY08. The tale is dismal fo
Published 31 Jan, 2011 12:00am
MONEY WEEK: SBP hawkish in tone but optimist in approach

MONEY WEEK: SBP hawkish in tone but optimist in approach

The snapshot of money expansion of the past six years shown on the first page of the latest Monetary Policy Statement clearly depicts how the pattern changed, once the government started borrowing heavily from banking system in FY08. The tale is dismal fo
Published 31 Jan, 2011 12:00am
3.3 percent fall in futures open interest

3.3 percent fall in futures open interest

Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Published 31 Jan, 2011 12:00am
3.3 percent fall in futures open interest

3.3 percent fall in futures open interest

Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Published 31 Jan, 2011 12:00am
3.3 percent fall in futures open interest

3.3 percent fall in futures open interest

Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Published 31 Jan, 2011 12:00am
3.3 percent fall in futures open interest

3.3 percent fall in futures open interest

Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Published 31 Jan, 2011 12:00am
Share market mixed

Share market mixed

The Karachi share market witnessed mixed trend during the week ended on January 29, 2011. Foreign investors'' support continued with an inflow of $6.3 million, while local investors opted for profit taking before announcement of monetary policy.
Published 31 Jan, 2011 12:00am
Share market mixed

Share market mixed

The Karachi share market witnessed mixed trend during the week ended on January 29, 2011. Foreign investors' support continued with an inflow of $6.3 million, while local investors opted for profit taking before announcement of monetary policy.
Published 31 Jan, 2011 12:00am
Share market mixed

Share market mixed

The Karachi share market witnessed mixed trend during the week ended on January 29, 2011. Foreign investors' support continued with an inflow of $6.3 million, while local investors opted for profit taking before announcement of monetary policy.
Published 31 Jan, 2011 12:00am
Government to form aggressive policy for horticulture products'' export

Government to form aggressive policy for horticulture products'' export

The government has decided to formulate an aggressive policy for export of horticulture products during 2011 for which all possible support will be extended to Pakistan Horticulture Development and Export Company (PHDEC). This decision was taken at a meet
Published 31 Jan, 2011 12:00am
Government to form aggressive policy for horticulture products' export

Government to form aggressive policy for horticulture products' export

The government has decided to formulate an aggressive policy for export of horticulture products during 2011 for which all possible support will be extended to Pakistan Horticulture Development and Export Company (PHDEC). This decision was taken at a meet
Published 31 Jan, 2011 12:00am
Government to form aggressive policy for horticulture products' export

Government to form aggressive policy for horticulture products' export

The government has decided to formulate an aggressive policy for export of horticulture products during 2011 for which all possible support will be extended to Pakistan Horticulture Development and Export Company (PHDEC). This decision was taken at a meet
Published 31 Jan, 2011 12:00am
Private sector unwilling: TCP to import 0.225 million tons of urea

Private sector unwilling: TCP to import 0.225 million tons of urea

The Economic Co-ordination Committee of the Cabinet (ECC) has asked the Trading Corporation of Pakistan (TCP) to import 0.225 million tons of urea, on urgent basis, to meet local shortage. "TCP has been given the task to import urea as private sector has
Published 31 Jan, 2011 12:00am
Private sector unwilling: TCP to import 0.225 million tons of urea

Private sector unwilling: TCP to import 0.225 million tons of urea

The Economic Co-ordination Committee of the Cabinet (ECC) has asked the Trading Corporation of Pakistan (TCP) to import 0.225 million tons of urea, on urgent basis, to meet local shortage. "TCP has been given the task to import urea as private sector has
Published 31 Jan, 2011 12:00am
Private sector unwilling: TCP to import 0.225 million tons of urea

Private sector unwilling: TCP to import 0.225 million tons of urea

The Economic Co-ordination Committee of the Cabinet (ECC) has asked the Trading Corporation of Pakistan (TCP) to import 0.225 million tons of urea, on urgent basis, to meet local shortage. "TCP has been given the task to import urea as private sector has
Published 31 Jan, 2011 12:00am
Kardar seeks to strike a delicate balance

Kardar seeks to strike a delicate balance

The central bank has chosen to be optimistic that the political leadership will take on economic reforms on an emergency footing following negotiations among major political parties.
Published 31 Jan, 2011 12:00am
Kardar seeks to strike a delicate balance

Kardar seeks to strike a delicate balance

The central bank has chosen to be optimistic that the political leadership will take on economic reforms on an emergency footing following negotiations among major political parties.
Published 31 Jan, 2011 12:00am
Kardar seeks to strike a delicate balance

Kardar seeks to strike a delicate balance

The central bank has chosen to be optimistic that the political leadership will take on economic reforms on an emergency footing following negotiations among major political parties.
Published 31 Jan, 2011 12:00am
Over 99 percent of south Sudan votes to separate

Over 99 percent of south Sudan votes to separate

South Sudan overwhelmingly voted to split from the north in a referendum intended to end decades of civil war, officials said on Sunday, sparking mass celebrations in the southern capital Juba. Thousands cheered, danced and ululated after officials said 9
Published 31 Jan, 2011 12:00am
Over 99 percent of south Sudan votes to separate

Over 99 percent of south Sudan votes to separate

South Sudan overwhelmingly voted to split from the north in a referendum intended to end decades of civil war, officials said on Sunday, sparking mass celebrations in the southern capital Juba. Thousands cheered, danced and ululated after officials said 9
Published 31 Jan, 2011 12:00am
Davis is entitled to full criminal immunity: US embassy

Davis is entitled to full criminal immunity: US embassy

After having demanded 'immediate release' of Ramyond Davis, facing double-murder charges in Lahore, the US embassy on Sunday admitted he was member of 'technical and administrative' staff but had immunity under the Vienna Convention on Diplomatic Relation
Published 31 Jan, 2011 12:00am
Davis is entitled to full criminal immunity: US embassy

Davis is entitled to full criminal immunity: US embassy

After having demanded 'immediate release' of Ramyond Davis, facing double-murder charges in Lahore, the US embassy on Sunday admitted he was member of 'technical and administrative' staff but had immunity under the Vienna Convention on Diplomatic Relation
Published 31 Jan, 2011 12:00am
Violation of agreements: provinces lock horns with NDMA

Violation of agreements: provinces lock horns with NDMA

Provincial Disaster Management Authorities (PDMAs) have locked horns with the National Disaster Management Authority (NDMA) for violation of agreements and extension in the service of District DRM co-ordinators at extremely attractive packages under the '
Published 31 Jan, 2011 12:00am
Violation of agreements: provinces lock horns with NDMA

Violation of agreements: provinces lock horns with NDMA

Provincial Disaster Management Authorities (PDMAs) have locked horns with the National Disaster Management Authority (NDMA) for violation of agreements and extension in the service of District DRM co-ordinators at extremely attractive packages under the '
Published 31 Jan, 2011 12:00am
Parliamentary body meeting: decision on oil prices hike likely today

Parliamentary body meeting: decision on oil prices hike likely today

The parliamentary committee on oil pricing is to meet on Monday to decide about increase in oil prices, it is learnt. According to sources, the Ministry of Petroleum is mulling to absorb the rising impact of petrol prices by about Rs 5 per litre by implem
Published 31 Jan, 2011 12:00am
Parliamentary body meeting: decision on oil prices hike likely today

Parliamentary body meeting: decision on oil prices hike likely today

The parliamentary committee on oil pricing is to meet on Monday to decide about increase in oil prices, it is learnt. According to sources, the Ministry of Petroleum is mulling to absorb the rising impact of petrol prices by about Rs 5 per litre by implem
Published 31 Jan, 2011 12:00am
Parliamentary body meeting: decision on oil prices hike likely today

Parliamentary body meeting: decision on oil prices hike likely today

The parliamentary committee on oil pricing is to meet on Monday to decide about increase in oil prices, it is learnt. According to sources, the Ministry of Petroleum is mulling to absorb the rising impact of petrol prices by about Rs 5 per litre by implem
Published 31 Jan, 2011 12:00am