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Print - 2011-07-11
Domestic, industrial sectors: CNG tariff raise delayed

Domestic, industrial sectors: CNG tariff raise delayed

The government has delayed the decision to increase tariff for CNG domestic and industrial sectors following mounting pressure from all political parties, officials said. Officials in the Ministry of Petroleum told Business Recorder that on June 30
Published 11 Jul, 2011 12:00am
Domestic, industrial sectors: CNG tariff raise delayed

Domestic, industrial sectors: CNG tariff raise delayed

The government has delayed the decision to increase tariff for CNG domestic and industrial sectors following mounting pressure from all political parties, officials said. Officials in the Ministry of Petroleum told Business Recorder that on June 30
Published 11 Jul, 2011 12:00am
Domestic, industrial sectors: CNG tariff raise delayed

Domestic, industrial sectors: CNG tariff raise delayed

The government has delayed the decision to increase tariff for CNG domestic and industrial sectors following mounting pressure from all political parties, officials said. Officials in the Ministry of Petroleum told Business Recorder that on June 30
Published 11 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (July 10, 2011) and the forecast for Monday (July 11, 2011).

Published 11 Jul, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 4 to 9, 2011)

Published 11 Jul, 2011 12:00am
'Mr Abscondyar Wali!'

'Mr Abscondyar Wali!'

According to Transparency International (TI) Pakistan, the most corrupt provincial government in the country is that of Khyber-Pakhtunkhwa. Asfandyar Wali is a member of the National Assembly, which he hardly attends. He shows up in the country, once a qu
Published 11 Jul, 2011 12:00am
When will the Japanese prime minister resign?

When will the Japanese prime minister resign?

Japanese Prime Minister Naoto Kan has promised to resign, but has so far avoided committing to a date. The tenacity of the first-generation politician should not be underestimated, observers who know him say.
Published 11 Jul, 2011 12:00am
Taiwan's textile firms wake up and smell the coffee

Taiwan's textile firms wake up and smell the coffee

Taiwan's once-booming textile industry entered this decade in need of a wake-up call, with global competition having reduced exports by over a third. But one firm has received a boost from a surprising source: coffee.
Published 11 Jul, 2011 12:00am
Karachi bleeds again!

Karachi bleeds again!

Around 95 people died in just four days after violence once again erupted in the streets of Karachi. The death toll is rising and, as always, the political parties are accusing each other's activists/workers and clamouring for appropriate action against t
Published 11 Jul, 2011 12:00am
Devolution also means decentralisation

Devolution also means decentralisation

The Sindh government restored the commissionerate system in Sindh on Saturday by repealing the Local Government Order of 2001 and amending the Sindh Land Revenue Act of 1967. Acting Governor Nisar Khuhro issued three ordinances with immediate effect, amen
Published 11 Jul, 2011 12:00am
Seven die in stampede outside music festival venue in Congo

Seven die in stampede outside music festival venue in Congo

Seven people died and 30 were injured during a stampede outside a Brazzaville stadium where a pan-African musical festival opened, the Congolese culture minister announced Sunday. Jean Claude Gakosso said seven Congolese died as security forces failed to
Published 11 Jul, 2011 12:00am
Senegal suspends expulsion order on Habre

Senegal suspends expulsion order on Habre

Senegal has suspended its plan to send Chad's former dictator Hissene Habre back to his own country, Foreign Minister Madicke Niang announced Sunday. The government agreed to reverse its decision to repatriate Habre after a last-minute plea by the United
Published 11 Jul, 2011 12:00am
Over 100 feared dead in Volga boat disaster

Over 100 feared dead in Volga boat disaster

Russian divers scoured the murky Volga River on Monday amid vanishing hopes of finding more than 100 people - many of them children - whose Soviet-era cruise ship went down in a heavy storm.
Published 11 Jul, 2011 12:00am
Somalia drought is worst humanitarian crisis: UN

Somalia drought is worst humanitarian crisis: UN

The head of the UN refugee agency said Sunday that drought-ridden Somalia is the "worst humanitarian disaster" in the world after meeting with refugees who endured unspeakable hardship to reach the world's largest refugee camp.
Published 11 Jul, 2011 12:00am
Fire kills 16 in Ukrainian retirement home

Fire kills 16 in Ukrainian retirement home

A fire at a retirement home in western Ukraine killed 16 people early on Sunday, the Emergency Ministry said. Fire engulfed the one-storey wood-and-concrete retirement home in the village of Bile in the Rivne region shortly after midnight, the ministry sa
Published 11 Jul, 2011 12:00am
Danish soldier killed in Afghanistan

Danish soldier killed in Afghanistan

A Danish soldier was killed in an explosion in the southern Afghan province of Helmand Sunday morning, the Danish military said. The soldier, who had been carrying out "an operative duty west of the Patrol Base Line," was evacuated by helicopter to the Da
Published 11 Jul, 2011 12:00am
Blast near Nigerian church kills three

Blast near Nigerian church kills three

An explosion near a church outside the Nigerian capital on Sunday killed at least three people, officials said, the latest of a spate of deadly blasts to hit Africa's most populous nation.
Published 11 Jul, 2011 12:00am
Malaysian Prime Minister defends protest crackdown

Malaysian Prime Minister defends protest crackdown

Malaysian Prime Minister Najib Razak on Sunday defended the government's handling of street protests amid intense criticism heightened by the death of a demonstrator. Riot police fired tear gas and water cannon at thousands of protesters who were demandin
Published 11 Jul, 2011 12:00am
Ahmadinejad asks Iran's rulers to keep coed colleges

Ahmadinejad asks Iran's rulers to keep coed colleges

Iran's political power struggles have brought no shortage of cut-throat intrigue with careers ruined, government officials arrested and even accusations of black magic. And now this firebrand President Mahmoud Ahmadinejad as the voice of liberal dissent.
Published 11 Jul, 2011 12:00am
Pressure mounts on UK government to halt Murdoch-BSkyB deal

Pressure mounts on UK government to halt Murdoch-BSkyB deal

Prime Minister David Cameron came under growing pressure on Sunday to halt Rupert Murdoch's bid for pay-TV operator BSkyB, at least until an investigation into phone-hacking at the media magnate's newspapers has been completed.
Published 11 Jul, 2011 12:00am
Quake jolts north-east Japan, no reports of damage

Quake jolts north-east Japan, no reports of damage

A strong earthquake jolted on Sunday the same area of north-eastern Japan that was hit by a massive quake in March, but there was no sign of further damage along the coast or to the crippled Fukushima nuclear power plant, officials said.
Published 11 Jul, 2011 12:00am
Palestinian news agency in Gaza firebombed

Palestinian news agency in Gaza firebombed

Unknown attackers threw Molotov cocktails at the office of a Palestinian news agency in Gaza City on Sunday, causing damage but no injuries, the agency said. Maan news agency's chief editor Nasser Laham told AFP that fire bombs were thrown at the door of
Published 11 Jul, 2011 12:00am
Ban on local cable channels continues in IHK

Ban on local cable channels continues in IHK

The authorities had restricted the telecast of news on cable channels of the Held Kashmir valley during last year's summer uprising but even after improvement in the situation, the ban had not been revoked yet.
Published 11 Jul, 2011 12:00am
KESC rejects unilateral decrease in gas supply

KESC rejects unilateral decrease in gas supply

Karachi Electric Supply Company (KESC) has demanded immediate supply of the government's already committed quota of 276MMCFD of gas that the Economic Co-ordination Committee of Federal Cabinet has recently re-approved, and said that the government needed
Published 11 Jul, 2011 12:00am
Fehmida for creation of South Asian Parliament

Fehmida for creation of South Asian Parliament

Dr Fehmida Mirza, Speaker National Assembly, said that the Saarc nations should contemplate the creation of South Asian Parliament for sustainable peace and prosperity in the region.
Published 11 Jul, 2011 12:00am
Geelani calls for complete shutdown on Wednesday

Geelani calls for complete shutdown on Wednesday

In Indian occupied Kashmir, veteran Kashmiri Hurriyet leader, Syed Ali Geelani has urged the people to observe complete shutdown on Wednesday and converge at Mazar-e-Shuhada, Eidgah in occupied Srinagar to pay tributes to the Kashmiri martyrs.
Published 11 Jul, 2011 12:00am
5th death anniversary of Ahmed Nadeem Qasmi observed

5th death anniversary of Ahmed Nadeem Qasmi observed

Veteran literary scholar and poet Ahmad Nadeem Qasmi's 5th death anniversary was observed across the country and world-wide on Sunday. Born as Ahmad Shah Awan on November 20, 1916 in the village Anga of Khushab District in British-administrated India, and
Published 11 Jul, 2011 12:00am
Can too little sleep make you gain weight

Can too little sleep make you gain weight

People who got very little sleep ate more but didn't burn any extra calories in a new study that adds to evidence supporting a link between sleep deprivation and weight gain.
Published 11 Jul, 2011 12:00am
Green tea lowers cholesterol, but only a little

Green tea lowers cholesterol, but only a little

Drinking green tea seems to cut "bad" cholesterol, according to a fresh look at the medical evidence. The finding may help explain why green tea has been linked to a lower risk of heart disease, the leading killer world-wide, Xin-Xin Zheng and colleagues
Published 11 Jul, 2011 12:00am
Asia pollution blamed for halt in warming

Asia pollution blamed for halt in warming

Smoke belching from Asia's rapidly growing economies is largely responsible for a halt in global warming in the decade after 1998 because of sulfur's cooling effect, even though greenhouse gas emissions soared, a U.S. study said.
Published 11 Jul, 2011 12:00am
Saltwater alleviates a host of chronic ailments

Saltwater alleviates a host of chronic ailments

Salt is essential for the human body, whether to regulate blood pressure or to control water and nutrient levels. But this nondescript mineral has also been used as a remedy for millennia, primarily in dissolved form as saltwater.
Published 11 Jul, 2011 12:00am
Who wants to live forever? Scientist sees ageing cured

Who wants to live forever? Scientist sees ageing cured

If Aubrey de Grey's predictions are right, the first person who will live to see their 150th birthday has already been born. And the first person to live for 1,000 years could be less than 20 years younger.
Published 11 Jul, 2011 12:00am
Lifestyle may affect sudden cardiac death risk

Lifestyle may affect sudden cardiac death risk

Researchers have identified one more reason for women to stay fit, eat healthy, abstain from smoking, and maintain their weight: those who do so might be less likely to die from sudden cardiac death.
Published 11 Jul, 2011 12:00am
NTT DoCoMo plans green energy cellphone towers

NTT DoCoMo plans green energy cellphone towers

Japan's largest mobile phone operator, NTT DoCoMo, plans to start powering its cellphone tower network with renewable energy such as solar, wind or biomass, the company said on July 8. The move could one day allow the company to feed excess electricity ba
Published 11 Jul, 2011 12:00am
US telecom titan Verizon drops unlimited data plans

US telecom titan Verizon drops unlimited data plans

The leading provider of service for smartphones in the United States on July 7 stopped offering new customers "all-you-can-eat" data plans. Verizon Wireless joined AT&T and T-Mobile USA in a shift away from plans that allow smartphone or tablet computer u
Published 11 Jul, 2011 12:00am
Pakistan enjoying largest text messaging in Asia

Pakistan enjoying largest text messaging in Asia

Pakistan enjoys largest text messaging in Asia and around 151.6385 billion text messages were exchanged during the Year 2009, which is 1,532 Short Message Service (SMS) per subscriber, while the messages exchanged from July-Sep 2010 were 48,846 million.
Published 11 Jul, 2011 12:00am
Google's Schmidt sees room for several social networks

Google's Schmidt sees room for several social networks

Google Inc is leaving open the door to more co-operation with social-media giants Facebook and Twitter, and believes there is room for multiple social networks as it rolls out its own, executive chairman Eric Schmidt said.
Published 11 Jul, 2011 12:00am
Apple Store downloads cross 15 billion mark

Apple Store downloads cross 15 billion mark

Apple announced on July 7 that more than 15 billion applications for the iPhone, iPad and iPod Touch have been downloaded from its App Store. The California gadget-maker also said the App Store now carries more than 425,000 free and paid applications for
Published 11 Jul, 2011 12:00am
Facebook launches video chat with Skype

Facebook launches video chat with Skype

Facebook will integrate free Skype video chat into its service as it looks to cement its role as a communications hub and drive back Google Inc's foray into online social networking.
Published 11 Jul, 2011 12:00am
Apple to launch new iPhone in third quarter

Apple to launch new iPhone in third quarter

Apple plans to launch its next-generation iPhone during the third quarter of the year, The Wall Street Journal reported on July 6. The newspaper, citing "people familiar with the situation," said Apple has placed orders for key components to used in the n
Published 11 Jul, 2011 12:00am
Apple girding gadgets against hackers

Apple girding gadgets against hackers

Apple on July 8 said it was working to patch a vulnerability that hackers could use to break into the company's popular iPad, iPhone and iPod Touch gadgets. Engineers at the California firm are fixing a weakness pointed out by the German Federal Office fo
Published 11 Jul, 2011 12:00am
'Civilisation' lets Facebook players rule world

'Civilisation' lets Facebook players rule world

Facebook friends will be able to conspire together to rule the world in a free version of blockbuster "Civilization" strategy videogame crafted for the online social network. 2K Games on July 7 released a "Sid Meier's Civilisation World for Facebook" appl
Published 11 Jul, 2011 12:00am
iPhone passes Blackberry in US: comScore

iPhone passes Blackberry in US: comScore

Apple's iPhone has leapfrogged Research In Motion's Blackberry to grab fourth-place among handset manufacturers in the United States, tracking firm comScore said on July 5. The iPhone's share of US mobile subscribers rose to 8.7 percent in the three month
Published 11 Jul, 2011 12:00am
Canon to launch compact mirrorless camera

Canon to launch compact mirrorless camera

Canon, the world's top camera-maker, is exploring the possibility of launching a mirrorless model, packing many of the capabilities of an upmarket single-lens reflex camera into a more compact body, a senior executive said.
Published 11 Jul, 2011 12:00am
JP Morgan close to becoming top US lender

JP Morgan close to becoming top US lender

J. P Morgan Chase & Co is close to vaulting past Bank of America Corp to become the biggest bank in the United States, but it will likely get there in an odd way - by shrinking less than its rival. Both J. P Morgan Chase and Bank of America are getting sm
Published 11 Jul, 2011 12:00am
Volkswagen says secures majority stake in truckmaker MAN

Volkswagen says secures majority stake in truckmaker MAN

Volkswagen AG clinched a 55.9 percent stake in Munich-based truckmaker MAN SE, clearing the way for the carmaker to start building its European truck empire. Volkswagen's majority stake allows it to determine seats on the supervisory board, a way to accel
Published 11 Jul, 2011 12:00am
Temasek says net profit more than doubles

Temasek says net profit more than doubles

Singapore's state-linked investment firm Temasek Holdings said on July 07 that its net profit more than doubled in the year to March while the value of its global portfolio hit a record high. Net profit for the year ended March 31 totalled Sg$13 billion (
Published 11 Jul, 2011 12:00am
Temasek says net profit more than doubles

Temasek says net profit more than doubles

Singapore's state-linked investment firm Temasek Holdings said on July 07 that its net profit more than doubled in the year to March while the value of its global portfolio hit a record high. Net profit for the year ended March 31 totalled Sg$13 billion (
Published 11 Jul, 2011 12:00am
UBS aims to raise assets in Asia ultra-rich business

UBS aims to raise assets in Asia ultra-rich business

Swiss bank UBS aims to increase the assets under management of its ultra-high net worth business in Asia-Pacific by 10 to 20 percent from the current $90 billion in three to five years, the head of the Asian business said on July 07.
Published 11 Jul, 2011 12:00am
Dow Chemical, Ube form electrolyte joint venture

Dow Chemical, Ube form electrolyte joint venture

Dow Chemical Co formed a joint venture with Japan's Ube Industries Ltd to produce electrolytes for lithium ion batteries, the companies said on July 06. The joint venture, Advanced Electrolyte Technologies LLC, will build a plant in Michigan in 2012 to pr
Published 11 Jul, 2011 12:00am
ArcelorMittal sees Kazakh unit buoyed by CIS demand

ArcelorMittal sees Kazakh unit buoyed by CIS demand

ArcelorMittal, the world's No 1 steelmaker, said it would invest up to $450 million a year in its operations in Kazakhstan until 2015-16 as it expects other ex-Soviet states to raise demand for the metal. ArcelorMittal owns a steel plant in the central Ka
Published 11 Jul, 2011 12:00am
AirAsia's chief looking for more planes

AirAsia's chief looking for more planes

Less than two weeks after giving Airbus Industries a record-breaking $18 billion order for 200 aircraft, AirAsia Chief Tony Fernandes has even bigger plans for his budget airline, already Asia's largest. The 47-year-old Malaysian told Reuters he saw AirAs
Published 11 Jul, 2011 12:00am
State oil firms hold keys to access for private sector

State oil firms hold keys to access for private sector

State-owned oil companies are a rising force in the global energy sector as private rivals such as BP and Total seek access to new supplies and push to expand their markets. More than half of the world's top energy firms, 28 out of 50, are fully state-own
Published 11 Jul, 2011 12:00am
Sumo tries to bury murky past

Sumo tries to bury murky past

Sumo held its first full tournament in six months Sunday following a hugely damaging bout-fixing scandal that infuriated the public and forced the resignations of 22 wrestlers and one stablemaster. The 15-day showpiece comes after the Japan Sumo Associati
Published 11 Jul, 2011 12:00am
Couple becomes first to get married at Barcelona stadium

Couple becomes first to get married at Barcelona stadium

Barcelona fans Iban Anglada and Sigrid Sans have become the first couple to hold their wedding at the European Champions' Camp Nou stadium. Anglada, a former ice hockey player with the club, and Sans tied the knot before 260 guests on Saturday at the 98,7
Published 11 Jul, 2011 12:00am
Liverpool hint at Anfield stadium exit

Liverpool hint at Anfield stadium exit

Liverpool paved the way for a move away from their Anfield stadium on Sunday, when they released a statement saying it was "increasingly unlikely" they could refurbish their home of 119 years. Anfield currently holds around 45,000 fans, significantly less
Published 11 Jul, 2011 12:00am
Agassi inducted into Hall of Fame

Agassi inducted into Hall of Fame

Andre Agassi was inducted into the International Tennis Hall of Fame on Saturday, almost five years after he retired from the game. A former world number one who captured eight grand slam singles titles, Agassi was enshrined at a ceremony in Newport, Rhod
Published 11 Jul, 2011 12:00am
West Indies set India 180 to win third Test

West Indies set India 180 to win third Test

Part-time off-spinner Suresh Raina claimed the last two West Indies wickets, leaving India to chase 180 for victory from a minimum of 47 overs in the third Test on Sunday. Raina finished with 2-32 from 15.3 overs as West Indies were bowled out for 322 in
Published 11 Jul, 2011 12:00am
Team for Olympics should be finalised soon: Hasan Sardar

Team for Olympics should be finalised soon: Hasan Sardar

Pakistan's former legendary hockey player Hasan Sardar believes that Pakistan Hockey Federation (PHF) should select the team for Olympics 2012 soon after the conclusion of team's ongoing European tour. "They (PHF) should finalise the team for Olympics soo
Published 11 Jul, 2011 12:00am
Umar Akmal says he has become more responsible batsman now

Umar Akmal says he has become more responsible batsman now

Explosive young batsman, Umar Akmal feels that he has become a more responsible cricketer as the ongoing fast track camp of Pakistan Cricket Board (PCB) has helped him overcome flaws in his batting. "The coaching we have got in the camp has helped a lot,"
Published 11 Jul, 2011 12:00am
Sanchez wins ninth stage, Voeckler in yellow

Sanchez wins ninth stage, Voeckler in yellow

Luis Leon Sanchez, riding for Rabobank, won the Tour de France ninth stage, a 208 km run from Issoire to Saint-Flour on Sunday. French rider Thomas Voeckler finished in second to take possession of the overall leader's yellow jersey. His compatriot Sandy
Published 11 Jul, 2011 12:00am
China's Liu sets new Asian Championships record

China's Liu sets new Asian Championships record

Chinese star hurdler Liu Xiang set a new Asian Athletics Championships record in the 110-metre hurdles on Sunday in Kobe to successfully defend his title with something to spare.
Published 11 Jul, 2011 12:00am
Everyone's a winner as Korean event rained off

Everyone's a winner as Korean event rained off

Torrential rain played spoilsport and allowed just full one round of play at a golf tournament in South Korea, leaving all 153 players winners - of sorts, organisers said on Sunday. Only three players completed their second rounds at the Charity High-1 Re
Published 11 Jul, 2011 12:00am
Blatter vows life bans for match-fixers

Blatter vows life bans for match-fixers

FIFA president Sepp Blatter has vowed a life ban for any players, coaches or referees implicated in match fixing or irregular betting. "The solution we have is to suspend all these people for life, whether they be players, coaches or referees," said Blatt
Published 11 Jul, 2011 12:00am
Hameed eyeing for a return to Pakistan cricket team

Hameed eyeing for a return to Pakistan cricket team

Out-of-favour Test batsman Yasir Hameed is hoping for a come-back to the Pakistan cricket team after having paid a fine and served a ban for a breach of code of conduct on the England tour last year.
Published 11 Jul, 2011 12:00am
USA beat Brazil on penalties to reach semi-finals

USA beat Brazil on penalties to reach semi-finals

Two-time winners the USA beat Brazil 5-3 on penalties in dramatic fashion to advance to the semi-finals of the women's World Cup on Sunday after the tie had been locked 2-2 in extra time. US defender Alex Krieger hit the winning penalty after her goalkeep
Published 11 Jul, 2011 12:00am
BCCI has anti-Pakistan agenda: Ehsan Mani

BCCI has anti-Pakistan agenda: Ehsan Mani

Former International Cricket Council (ICC) chief Ehsan Mani has said that the Board of Control for Cricket in India (BCCI) has anti-Pakistan agenda. "The proof (for that) is very much in front of us. The BCCI has been very active in that. They did not all
Published 11 Jul, 2011 12:00am
Japan tells Asean nations its economy recovering fast

Japan tells Asean nations its economy recovering fast

Japan's Trade Minister Banri Kaieda told Asean member nations that Japan's economy was recovering at a quicker pace than initially expected from the devastating March 11 earthquake and tsunami, Kyodo news agency reported.
Published 11 Jul, 2011 12:00am
Swiss president says relations with EU difficult

Swiss president says relations with EU difficult

Switzerland's president said on Sunday the European Union was mainly interested in securing tax money without offering Switzerland fair conditions, such as better access to the EU market, in return.
Published 11 Jul, 2011 12:00am
Australia steps up climate fight, unveils sweeping carbon plan

Australia steps up climate fight, unveils sweeping carbon plan

Australia unveiled its most sweeping economic reform in decades on Sunday with a plan to tax carbon emissions from the nation's worst polluters, reviving hopes of stronger global climate action with the largest emissions trade scheme outside Europe.
Published 11 Jul, 2011 12:00am
China granting Venezuela $4 billion loan: Chavez

China granting Venezuela $4 billion loan: Chavez

President Hugo Chavez announced a new $4 billion loan from China and discussed his health in a televised appearance Saturday, saying he is exercising each morning as part of a strict regime while recovering from cancer surgery. Chavez said the latest loan
Published 11 Jul, 2011 12:00am
China's trade surplus expands to $22.27 billion

China's trade surplus expands to $22.27 billion

China's politically sensitive trade surplus expanded to $22.27 billion in June, rising sharply from the previous month as the value of exports hit a record high, government data showed Sunday. The trade surplus - a major point of tension for China's key t
Published 11 Jul, 2011 12:00am
Lagarde warning on US debt default

Lagarde warning on US debt default

New IMF chief Christine Lagarde warned Sunday that a US debt default would jeopardise global economic stability and urged warring American politicians to forge a compromise budget deal.
Published 11 Jul, 2011 12:00am
US 'not going to default': Geithner

US 'not going to default': Geithner

The United States is "not going to default," Treasury Secretary Timothy Geithner said Sunday, warning Republicans there was "no alternative" to making a budget deal with the White House. If President Barack Obama and his Republican foes in Congress fail t
Published 11 Jul, 2011 12:00am
Debt is global, not European problem: Trichet

Debt is global, not European problem: Trichet

The tax row in the United States demonstrates that the sovereign debt crisis is not just a European problem but a global one, European Central Bank President Jean Claude Trichet said on Sunday.
Published 11 Jul, 2011 12:00am
Iraq and Shell to sign $12 billion gas deal

Iraq and Shell to sign $12 billion gas deal

Iraq will sign a final contract with Royal Dutch Shell on Tuesday for a $12-billion project to capture flared gas at southern oil-fields, two sources close to the deal said on Sunday. Iraq's oil ministry, Shell, and Japanese project partner Mitsubishi hav
Published 11 Jul, 2011 12:00am
EU calls emergency meeting as debt crisis stalks Italy

EU calls emergency meeting as debt crisis stalks Italy

European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the eurozone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region's third largest economy.
Published 11 Jul, 2011 12:00am
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