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Print - 2013-03-12
Caretaker PM: Nisar dispatches letter to Prime Minister

Caretaker PM: Nisar dispatches letter to Prime Minister

Leader of the opposition in National Assembly Chaudhry Nisar Ali Khan on Monday formally forwarded three names to Prime Minister Raja Pervez Ashraf as possible candidates for the slot of the caretaker prime minister. Through a letter in response to the pr
Published 12 Mar, 2013 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 11, 2013).
Published 12 Mar, 2013 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am
ECP orders printing of nomination form

ECP orders printing of nomination form

The Election Commission of Pakistan (ECP) on Monday issued directives for printing of proposed nomination form without waiting for the approval of the President. According to an official of the Commission, the Representation of Peoples Act empowers the co
Published 12 Mar, 2013 12:00am
ECP orders printing of nomination form

ECP orders printing of nomination form

The Election Commission of Pakistan (ECP) on Monday issued directives for printing of proposed nomination form without waiting for the approval of the President. According to an official of the Commission, the Representation of Peoples Act empowers the co
Published 12 Mar, 2013 12:00am
Caretaker PM: Nisar dispatches letter to Prime Minister

Caretaker PM: Nisar dispatches letter to Prime Minister

Leader of the opposition in National Assembly Chaudhry Nisar Ali Khan on Monday formally forwarded three names to Prime Minister Raja Pervez Ashraf as possible candidates for the slot of the caretaker prime minister. Through a letter in response to the pr
Published 12 Mar, 2013 12:00am
EU offers observers for historic elections

EU offers observers for historic elections

The European Union on Monday offered to send observers to Pakistan's historic elections to be held in May in a bid to ensure a peaceful, credible vote that will be acceptable to all. Talking to Business Recorder on Council of the European Union's m
Published 12 Mar, 2013 12:00am
EU offers observers for historic elections

EU offers observers for historic elections

The European Union on Monday offered to send observers to Pakistan's historic elections to be held in May in a bid to ensure a peaceful, credible vote that will be acceptable to all. Talking to Business Recorder on Council of the European Union's m
Published 12 Mar, 2013 12:00am
IP pipeline project: groundbreaking held

IP pipeline project: groundbreaking held

The presidents of Iran and Pakistan on Monday inaugurated the construction of a much-delayed section of a $7.5 billion 42-inch diameter gas pipeline linking the two neighbours, Iranian media reported. The project was launched at a ceremony on the Iran-Pak
Published 12 Mar, 2013 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 12 Mar, 2013 12:00am
CFO - Architect of the future challenges

CFO - Architect of the future challenges

It is not the strongest of the species that survives, nor the most intelligent ... it is the one that is the most adaptable to change. Charles Darwin's famous dictum has long applied not only in the natural world but also in the corporate one. As the fina
Published 12 Mar, 2013 12:00am
Fauji Fertiliser Company Limited

Fauji Fertiliser Company Limited

Fauji Fertiliser Company Limited (FFC) was incorporated on May 08, 1978 as a joint venture between Fauji Foundation (FF) of Pakistan and M/s Haldor Topsoe A/S of Denmark. FF holds 44% share of the company. FFC was established to fill the gap between deman
Published 12 Mar, 2013 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 12 Mar, 2013 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 12 Mar, 2013 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 12 Mar, 2013 12:00am
Message from Vice President - South ICAP

Message from Vice President - South ICAP

A decade ago, the overwhelming focus of most CFOs was getting the basic financial processes and control frameworks right, and ensuring that the businesses had access to capital. Most CFOs spent relatively little time developing corporate strategy, or deal
Published 12 Mar, 2013 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (March 11, 2013).

Published 12 Mar, 2013 12:00am
World's largest biogas plant inaugurated in Finland

World's largest biogas plant inaugurated in Finland

The world's largest biogas plant was Monday inaugurated on Finland's western coast as the country seeks to limit its use of foreign coal. Built near an existing coal-fired power plant in Vaasa, central Finland, the 140 megawatt biomass gasification factor
Published 12 Mar, 2013 12:00am
Father, son killed in Landhi blast

Father, son killed in Landhi blast

A father and his son were killed while 13 others injured in a roadside bomb blast in Landhi area in the limits of Landhi police station. According to police and rescue sources, the bomb went off at a pan shop located in Khurramabad, Landhi that left the s
Published 12 Mar, 2013 12:00am
Protest against killings of Ulema, seminaries' students held in Karachi

Protest against killings of Ulema, seminaries' students held in Karachi

Hundreds of students of seminaries on Monday staged a protest demonstration against the killings of religious scholars, seminaries' students and innocent people in Karachi under the aegis of Wafaq-ul-Madaris, urging the government to immediately arrest th
Published 12 Mar, 2013 12:00am
Minister asked to reverse increased ST on tractors

Minister asked to reverse increased ST on tractors

Federal Ministry of Finance has sought proposals from the stakeholders to bring the tractor industry out of crisis and accelerate the industrial production. A delegation led by Pakistan Industrial and Traders Association Front (PIAF) Chairman Malik Tahir
Published 12 Mar, 2013 12:00am
Another calamity hits beleaguered PIA

Another calamity hits beleaguered PIA

Yet another calamity has hit national carrier Pakistan International Airlines. This time it is the exodus of pilots. Since 2006 around 34 pilots have left PIA and many have applied for leave without pay which the airline could not afford due to shortage o
Published 12 Mar, 2013 12:00am
PIA's former employees seek increase in pensions

PIA's former employees seek increase in pensions

The general body of PIA's retired employees have demanded immediate increase in the pension of retired employees of the airline as only once in a decade the increase was given to them. The demand was raised at the general body meeting of the association w
Published 12 Mar, 2013 12:00am
SU conducts pre-entry test for Larkana campus

SU conducts pre-entry test for Larkana campus

Sindh University (SU) testing service has conducted Pre-Entry Test for admissions in Bachelors and Masters program on the newly established campus of Sindh University at the Government Commerce College Larkana. Focal person of the campus Dr Anwar Ali Shah
Published 12 Mar, 2013 12:00am
Finance, business leaders hold global survey on economic crises

Finance, business leaders hold global survey on economic crises

Global business is too easily knocked off-course by short-term economic crises, such as the current US debt crisis, according to a global survey of finance and business leaders who hold the Chartered Global Management Accountant (CGMA) designation.
Published 12 Mar, 2013 12:00am
Wathra assumes SBP Deputy Governor's charge

Wathra assumes SBP Deputy Governor's charge

Ashraf Mahmood Wathra on Monday assumed the charge of the office of Deputy Governor (DG), State Bank of Pakistan (SBP). The Federal Government had notified Wathra's appointment as DG, SBP on March 5, 2013 for a period of three years from the date he assum
Published 12 Mar, 2013 12:00am
Japan to provide $2.62 million for polio eradication

Japan to provide $2.62 million for polio eradication

The government of Japan on Monday joined hands with United Nations Children's Fund (Unicef) to eradicate polio from Pakistan by providing US $2.62 million for "The project for the control and eradication of Poliomyelitis".
Published 12 Mar, 2013 12:00am
Government fails to formulate broad-based agriculture-cotton policy

Government fails to formulate broad-based agriculture-cotton policy

The government, which is going to complete its five-year tenure on March 16, failed to formulate a broad-based agriculture-cotton policy. Pakistan does not has a broad based agriculture policy to address various issues creating hurdles in the progress and
Published 12 Mar, 2013 12:00am
ICMAP celebrates International Women's Day

ICMAP celebrates International Women's Day

CMA Women'S Forum of ICMA Pakistan organised Women's Day at ICMA Pakistan South Region, Karachi. The event began with the recitation of a few verses from the Holy Quran. It was followed by the welcome address by Amber Saeed Khan, Convenor CMA Women's Foru
Published 12 Mar, 2013 12:00am
JI to launch election drive in Khyber Pakhtunkhwa on March 23

JI to launch election drive in Khyber Pakhtunkhwa on March 23

Jamaat-i-Islami (JI) will formal launch its election campaign by holding a public rally in provincial capital on March 23. The announcement was made by JI provincial general secretary, Shabbir Ahmad Khan while addressing at a press conference here at Pres
Published 12 Mar, 2013 12:00am
Army captain, two soldiers killed in IED blast

Army captain, two soldiers killed in IED blast

A Pakistan army captain and two soldiers were killed whereas two others were injured in an improvised explosive device (IED) attack in Upper Orakzai tribal region. According to a private television channel, the attack took place when the security forces c
Published 12 Mar, 2013 12:00am
ECP takes notice of huge banners, signboards

ECP takes notice of huge banners, signboards

The Provincial Election Commissioner has taken notice of the display of advertising banners and signboards of different political parties, elected public representatives and probable candidates in Khyber Pakhtunkhwa and Fata despite the expiry of the dead
Published 12 Mar, 2013 12:00am
IRAA elects office-bearers

IRAA elects office-bearers

Inland Revenue Auditors Association (IRAA) has elected office-bearers to protect the interests of over 700 auditors and senior auditors of the Federal Board of Revenue (FBR) across the country. Sources told Business Recorder here on Monday that a m
Published 12 Mar, 2013 12:00am
Government's long shadow over the economy

Government's long shadow over the economy

How long will this joke continue? Every year in the month of March - a budgetary strategy paper for the next financial year is presented to the Cabinet. No one in the Federal Cabinet questions the assumptions or the basis for the projected numbers - nor d
Published 12 Mar, 2013 12:00am
Attacks on Christians

Attacks on Christians

Of late Pakistan has become a forbidden land for weaker sections of society, be they religious minorities, economically disadvantaged groups or socially marginalized citizens like women. Their rights as equal citizens are violated with impunity by the maj
Published 12 Mar, 2013 12:00am
Elections: the Uncertainties

Elections: the Uncertainties

The incumbent regime is busy doing what it thinks will endear it to the voters; it displays no worries over its re-election prospects because, despite loud claims about empowerment of the Election Commission of Pakistan (ECP), the ECP lacks critically imp
Published 12 Mar, 2013 12:00am
Meeting between Nawaz, Musharraf?

Meeting between Nawaz, Musharraf?

These days news about a meeting between Nawaz Sharif and General Pervez Musharraf (Retd) in Saudi Arabia has hit electronic and social media. It is not blankly denied by either party. Speaking on a TV programme, Major General Rashid Qureshi (Retd) and Ahm
Published 12 Mar, 2013 12:00am
'But we cannot print dollars'

'But we cannot print dollars'

Apropos a Business Recorder editorial, there is no denying that no country except for the US can print dollar or the greenback. There's also no denying that the country is on the verge of a deepening balance of payment (BoP) crisis. The ADB Country
Published 12 Mar, 2013 12:00am
New prices for milk, curd fixed

New prices for milk, curd fixed

Peshawar district administration on Monday fixed the prices of fresh milk at Rs 55 per litre and curd at Rs 70 per kilogram respectively. The decision was taken in a meeting held on the directives of the Deputy Commissioner, Peshawar, Mohammad Javed Marwa
Published 12 Mar, 2013 12:00am
Contempt proceedings sought against Sindh chief minister

Contempt proceedings sought against Sindh chief minister

An application seeking contempt of court proceeding against Sindh Chief Minister Qaim Ali Shah was submitted in the Supreme Court Karachi Registry on Monday. Petitioner Syed Mehmood Akhtar Naqvi submitted that conduct of superior judiciary could not be de
Published 12 Mar, 2013 12:00am
ACCA, RCCI sign MoU

ACCA, RCCI sign MoU

ACCA Pakistan (Association of Certified Chartered Accountant) and RCCI (Rawalpindi Chamber of Commerce and Industry) signed a Memorandum of Understanding last week to work together to support the business community by building its capacity and capability.
Published 12 Mar, 2013 12:00am
'Apwa helps in improving awareness among women'

'Apwa helps in improving awareness among women'

"All Pakistan Women Association (Apwa) is able to improve awareness among the women," said Dr Nafis Sadiq, former Special Advisor to the United Nation Secretary General and Executive Director of the UN Population Fund UNFPA on Monday. She was talking to E
Published 12 Mar, 2013 12:00am
Christians keep schools closed to protest over riots

Christians keep schools closed to protest over riots

Christians closed missionary schools on Monday in protest after a mob torched more than 100 Christian homes following allegations of blasphemy. The schools are considered among the best in Pakistan and are extremely popular with wealthy families, with pup
Published 12 Mar, 2013 12:00am
World Consumer Rights Day on March 15

World Consumer Rights Day on March 15

The World Consumers Rights Day is to be commemorated across Pakistan on March 15, like other parts of the globe, to highlight the importance of the day. The theme for World Consumer Rights Day (WCRD) 2013 is "Consumer justice now".
Published 12 Mar, 2013 12:00am
Re-meltable scrap import: massive tax evasion detected

Re-meltable scrap import: massive tax evasion detected

Directorate General Customs Intelligence Federal Board of Revenue has detected a case of gross misuse of SRO.772(I)/2012 on the import of re-meltable scrap (compressor scrap, 7204.4990), through the Model Customs Collectorates of Port Qasim and Appraiseme
Published 12 Mar, 2013 12:00am
US real estate tycoon signs $20 billion deal with Bahria Town

US real estate tycoon signs $20 billion deal with Bahria Town

US real estate tycoon Thomas Kramer and CEO Bahria Town Ahmed Ali Riaz Malik signed a US $20 billion agreement for Pakistan's first ever Island City, Bundal&Buddo Islands, Karachi. A joint consortium of international investors will join hands to develop t
Published 12 Mar, 2013 12:00am
One killed, two injured in armed clash

One killed, two injured in armed clash

A man was killed and two others sustained injuries in an armed clash between two groups over an old enmity in Jaffarabad district on Monday. According to police, the two sub-clans used automatic weapons near Goth Muhammad Sharif Bugti area. As a result, M
Published 12 Mar, 2013 12:00am
EDB asks FBR to reduce customs duty

EDB asks FBR to reduce customs duty

The Federal Board of Revenue (FBR) has received a recommendation of Engineering Development Board (EDB) to reduce the higher rate of customs duty, ranging between five-20 percent, on copper tube in coils, aluminium tube in coils and painted/pre painted al
Published 12 Mar, 2013 12:00am
Government urged to revert to one weekly holiday

Government urged to revert to one weekly holiday

Industrialists, traders and students have urged the government to discontinue two weekly holidays and revert to one holiday in a week on Sunday in the best interest of the country. Present and previous practice by the government of 5-working days in week
Published 12 Mar, 2013 12:00am
SPSC notification

SPSC notification

Sindh Public Service Commission (SPSC) Hyderabad has notified for all concerned candidates of Sukkur Centre that the venue of Pre-Interview Written Tests of Assistant Sub-Inspector in Sindh Police Department for Graduate Constables/Head Constables and Lec
Published 12 Mar, 2013 12:00am
Australian High Commissioner visits FPCCI

Australian High Commissioner visits FPCCI

Peter Heyward, Australian High Commissioner visited FPCCI and graced the first meeting of Pakistan-Australia Business Council of FPCCI for 2013. Shahid Vaseem, Chairman Pak-Australia Business Council convened the first meeting of the Council which was gra
Published 12 Mar, 2013 12:00am
Missing containers scam: KCAA to provide legal aid to members

Missing containers scam: KCAA to provide legal aid to members

Karachi Custom Agents Association (KCAA) on Monday decided to provide legal assistance to its members accused in missing containers scam. The decision was taken at a meeting held at KCAA office here. Presiding over the meeting, president Saifullah said th
Published 12 Mar, 2013 12:00am
Telenor's Hum Qadam bags CSR Award

Telenor's Hum Qadam bags CSR Award

Telenor Pakistan's flagship corporate responsibility initiative 'Telenor Hum Qadam' has won the 7th CSR National Excellence Award under the category of 'employee engagement', sponsored by Xcelerate Management Consultants UK. The award recognised Telenor P
Published 12 Mar, 2013 12:00am
Counterfeit software costs consumers billions in time, money: study

Counterfeit software costs consumers billions in time, money: study

According to a Microsoft-commissioned study conducted by International Data Corporation (IDC) the chances of infection by unexpected malware are one in three for consumers and three in 10 for businesses. As a result of these infections, the research shows
Published 12 Mar, 2013 12:00am
SU approves 300 acres of land for employees housing society

SU approves 300 acres of land for employees housing society

The Syndicate of the Sindh University (SU) Jamshoro has approved 300 acres of land for establishment of Sindh University Employees Housing Society Phase III. The Syndicate accorded this approval in its 184th meeting which was held under the chair of Vice
Published 12 Mar, 2013 12:00am
Three-day 'Japan Week' celebration from today

Three-day 'Japan Week' celebration from today

Japan information and Culture Center has commemorated the 2nd anniversary of "the Great East Japan Earthquake". Consul General of Japan, Akira Ouchi address the gathering and said that two years back when Japan was struck by this tragedy the people had to
Published 12 Mar, 2013 12:00am
Earth Hour launched

Earth Hour launched

World Wide Fund for Nature - Pakistan (WWF-Pakistan) officially inaugurated Earth Hour 2013 during a ceremony at a local hotel in Karachi. Earth Hour 2013 Ambassadors included Pakistan's legendary actress Samina Pirzada, leading drama icon Adnan Siddiqui,
Published 12 Mar, 2013 12:00am
MEGATECH to bring innovation in textile tech

MEGATECH to bring innovation in textile tech

After the 10 years of continuous success, Pegasus Consultancy launches the 11th edition of the International Machinery Exhibition of Garment & Textile Technology - MEGATECH Pakistan 2013. The exhibition will take place from 28-30 March, 2013 in Expo Centr
Published 12 Mar, 2013 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold edged up in quiet trade early on Monday after a mixed bag of Chinese economic data, but recent rallies in US equities and a better economic outlook dented the metal's safe-haven appeal. Bullion prices were supported by official data released over the
Published 12 Mar, 2013 12:00am
US MIDDAY: corn soars

US MIDDAY: corn soars

Chicago Board of Trade (CBOT) corn futures rose for the third straight session on Monday on tight stocks and on follow-through from the rally that followed the bullish corn supply numbers released Friday by the US government, traders said. "Corn is leadin
Published 12 Mar, 2013 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose slightly on Monday, as mixed Chinese economic data and Italy's credit downgrade encouraged some appetite for the metal as a safe haven, but prices were held in check by a firmer dollar. Analysts expected gold to remain this week within a range o
Published 12 Mar, 2013 12:00am
Liffe robustas hit five-month peak, sugar up

Liffe robustas hit five-month peak, sugar up

Robusta coffee futures on Liffe rose to a five-month high on Monday, buoyed by concerns about dry weather in the world's largest producer Vietnam, while ICE arabica futures fell. Raw sugar and cocoa prices on ICE also edged higher, though gains were seen
Published 12 Mar, 2013 12:00am
Palm oil flat as lower stocks offset USDA data

Palm oil flat as lower stocks offset USDA data

Malaysian palm oil futures were almost flat on Monday, as lower palm oil stocks in the country offset a slightly bearish report by the US Department of Agriculture (USDA) last week. The USDA raised its global stockpile estimate for soybeans against expect
Published 12 Mar, 2013 12:00am
Gold edges up in Asia

Gold edges up in Asia

Gold edged up on Monday, pulling off a two-week low hit in the previous session on better-than-expected US jobs data, as the Federal Reserve is expected to keep propping up the economy with monetary stimulus through 2013, giving support to the metal.
Published 12 Mar, 2013 12:00am
Tokyo rubber stays up

Tokyo rubber stays up

Key TOCOM rubber futures on Monday rose for the fifth day in a row to their highest in more than two weeks as the yen weakened, but investors were wary of following the Japan market's lead given increasing inventory levels. "It is simply a weaker yen whic
Published 12 Mar, 2013 12:00am
Cotton prices not yet peaked after two-month rally: Olam

Cotton prices not yet peaked after two-month rally: Olam

Cotton prices could rise by as much as 10 percent before the end of the season, according to a leading commodity trader, even as the market braces for a record surplus and merchants worry that high prices will discourage demand. Raw cotton fibre, the worl
Published 12 Mar, 2013 12:00am
Brent crude slips

Brent crude slips

Brent crude oil prices fell on Monday, pressured by disappointing economic data from world No 2 oil consumer China, while technical support and a dollar pullback limited losses and helped US crude settle slightly higher. China's National Bureau of Statist
Published 12 Mar, 2013 12:00am
Copper declines

Copper declines

Copper hit a week's low on Monday, as disappointing data from China and concerns about Italy dented risk appetite while a strong dollar pressured prices, but demand for metals from Chinese consumers helped erase losses. Official data released at the weeke
Published 12 Mar, 2013 12:00am
Shanghai copper falls

Shanghai copper falls

The most-traded June copper contract on the Shanghai Futures Exchange fell 0.49 percent to close at 56,470 yuan ($9,100) a tonne on Monday. "Post Lunar New year, we are definitely seeing demand pick up," said analyst Bonnie Liu of Macquarie in Shanghai. "
Published 12 Mar, 2013 12:00am
Saudi Arabia planning to drop public beheadings

Saudi Arabia planning to drop public beheadings

Saudi Arabian authorities are planning to drop public beheadings as a method of execution, a report has said. Saudi newspaper Al-Watan reported in its Sunday edition that the ministerial committee was considering fatal shootings as an alternative. The mov
Published 12 Mar, 2013 12:00am
World's tallest hotel opens in Dubai

World's tallest hotel opens in Dubai

The JW Marriott Marquis Dubai has been officially crowned the tallest hotel in the world by the Guinness Book of Records following its opening in the United Arab Emirates. With a height of 355 metres, the 72-storey hotel is just 26 metres shorter than the
Published 12 Mar, 2013 12:00am
Military plane crashes in Washington state

Military plane crashes in Washington state

A military plane assigned to a Washington state Naval Air Station on Whidbey Island crashed on Monday morning, base spokesman Mike Welding said. Local media reports indicated that three people were feared dead. The plane, Northrop Grumman EA-6B Prowler, a
Published 12 Mar, 2013 12:00am
Earthquake shakes buildings in California

Earthquake shakes buildings in California

A 5.1-magnitude earthquake shook buildings in Los Angeles on Monday, the US Geological Survey and witnesses said, but there were no immediate reports of damage or casualties. The epicenter of the quake was located some 11 miles (19 kilometers) south-east
Published 12 Mar, 2013 12:00am
Homemade alcohol kills 51 in Libya

Homemade alcohol kills 51 in Libya

At least 51 people have died in Libya since Saturday after drinking homemade alcohol, with another 378 suffering from alcohol poisoning, the Libyan health ministry said on Monday. It said 38 people died in Tripoli hospitals while 13 others perished on the
Published 12 Mar, 2013 12:00am
Hungary, defying EU, pushes on with constitutional changes

Hungary, defying EU, pushes on with constitutional changes

Hungary's ruling party is set to push through law changes on Monday that critics say will limit the powers of the constitutional court, one of the few institutions that has stood up to Viktor Orban, the combative prime minister.
Published 12 Mar, 2013 12:00am
Syrian jets bomb Homs as mortar strikes rock Damascus

Syrian jets bomb Homs as mortar strikes rock Damascus

Syrian jets bombed rebel forces attempting to recapture a keenly contested district of third city Homs on Monday, as mortar shells slammed into a Damascus neighbourhood killing at least three people. Al Qaeda meanwhile claimed the killing of 48 government
Published 12 Mar, 2013 12:00am