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Print - 2015-11-29
Suicide bomber kills six in flashpoint Iraq town

Suicide bomber kills six in flashpoint Iraq town

A suicide bomber killed six people on Saturday in the Iraqi town of Tuz Khurmatu, the scene of deadly clashes between Kurdish and Shia forces earlier this month, officials said. The bomber detonated an explosives-rigged vehicle at a checkpoint in the town
Published 29 Nov, 2015 12:00am
One killed, 30 wounded in attacks on Damascus

One killed, 30 wounded in attacks on Damascus

One person was killed and 30 wounded Saturday in rocket and mortar attacks on two neighbourhoods of the Syrian capital separately blamed on rebels and government forces, state media and a monitor said. The fatality and three of the injuries occurred when
Published 29 Nov, 2015 12:00am
Syria army says Turkey increases arms shipments to rebels

Syria army says Turkey increases arms shipments to rebels

The Syrian army said on Saturday that Turkey had recently increased supplies of weapons, ammunition and equipment to what it described as terrorists in Syria. A statement issued by the Syrian army command alleged that weapons were being delivered in shipm
Published 29 Nov, 2015 12:00am
Pope honours Ugandan martyrs on Africa tour

Pope honours Ugandan martyrs on Africa tour

Vast crowds of Ugandans greeted Pope Francis on Saturday as he honoured Christians martyred for the faith on the second leg of a landmark trip to Africa, which he dubbed "the continent of hope". The 78-year-old pontiff was greeted by wild cheers and singi
Published 29 Nov, 2015 12:00am
Suicide bomber targets Afghan election official in Kabul

Suicide bomber targets Afghan election official in Kabul

A senior member of Afghanistan's election commission survived an assassination attempt Saturday when a suicide bomber targeted his vehicle in Kabul, killing one of his employees and wounding two others, officials said. No group has so far claimed responsi
Published 29 Nov, 2015 12:00am
Obama denounces gun violence after latest deadly shooting

Obama denounces gun violence after latest deadly shooting

US President Barack Obama denounced the country's epidemic of gun violence on Saturday and renewed a call for tougher controls on military-style weapons after yet another deadly shooting, saying "enough is enough." The latest bloodshed came on Friday when
Published 29 Nov, 2015 12:00am
Coalition hits boats carrying arms to Yemen rebels

Coalition hits boats carrying arms to Yemen rebels

Warplanes from the Saudi-led coalition hit Saturday two small boats allegedly carrying weapons to Iran-backed Houthi rebels on the southern coast of Yemen, a military official said. Weapons were being unloaded from the two fishing boats near Belhaf, in Sh
Published 29 Nov, 2015 12:00am
Nicaragua says all drug-runner airfields destroyed

Nicaragua says all drug-runner airfields destroyed

Nicaragua's military said Friday all clandestine airfields used by cartels to run drugs to the United States were destroyed and steps taken to make sure they would not reopen. The clearing operation was part of a policy of building a "containment wall aro
Published 29 Nov, 2015 12:00am
Top Kosovo MP held after addressing anti-Serbian protest

Top Kosovo MP held after addressing anti-Serbian protest

Kosovo police Saturday arrested a top opposition MP and 86 members of his party after he addressed a protest attended by several thousands who want a landmark deal with Serbia to be scrapped. Albin Kurti, from the Self-Determination party, was arrested at
Published 29 Nov, 2015 12:00am
'Large' Chinese military fleet flies near Japan islands: media

'Large' Chinese military fleet flies near Japan islands: media

Japan scrambled jets after 11 Chinese military planes flew near southern Japanese islands during what Beijing said was a drill to improve its long-range combat abilities, reports said Saturday. The planes - eight bombers, two intelligence gathering planes
Published 29 Nov, 2015 12:00am
Three dead in rocket attack on UN base in north Mali

Three dead in rocket attack on UN base in north Mali

Two UN peacekeepers and a civilian contractor were killed in a rocket attack Saturday on a UN base in northeast Mali, a week after a deadly siege at a Bamako hotel claimed by jihadists. "Our camp in Kidal was attacked early this morning by terrorists usin
Published 29 Nov, 2015 12:00am
China police bust online gun ring, seize 1,180 guns

China police bust online gun ring, seize 1,180 guns

Police in China, where gun possession by ordinary people is illegal, have busted an online gun selling operation, seizing 1,180 guns and more than 6 million bullets, the state news agency Xinhua reported on Saturday. A seven-month investigation that start
Published 29 Nov, 2015 12:00am
Gunmen kill four Egypt policemen south of Cairo

Gunmen kill four Egypt policemen south of Cairo

Masked gunmen on a motorcycle shot dead four Egyptian policemen south of Cairo on Saturday, the interior ministry said. The gunmen opened fire on a police vehicle, killing those inside, in an area between the famed Giza pyramids west of Cairo and the Saqa
Published 29 Nov, 2015 12:00am
Angry Cubans protest at Ecuador visa rule

Angry Cubans protest at Ecuador visa rule

Hundreds of furious Cubans chanting and brandishing air tickets protested Friday outside Ecuador's embassy in Havana over new visa restrictions designed to stop Cuban migrants traveling through the region to the United States. It comes with 3,000 Cubans l
Published 29 Nov, 2015 12:00am
North Korea fails in submarine launched missile test

North Korea fails in submarine launched missile test

North Korea apparently test-fired a submarine-launched ballistic missile on Saturday in the Sea of Japan but the test was a failure, a news agency report said. Yonhap news agency quoted a government official as saying that the missile, KN-11, was fired be
Published 29 Nov, 2015 12:00am
Clashes at Greece border as Macedonia builds fence to stem migrant flow

Clashes at Greece border as Macedonia builds fence to stem migrant flow

A group of migrants trying to enter Macedonia pelted the police with stones on Saturday, injuring several officers as the small Balkan country became the latest to build a border fence aimed at checking the flow of newcomers. The interior ministry said 18
Published 29 Nov, 2015 12:00am
US national remanded in India for 'molesting' minor boy

US national remanded in India for 'molesting' minor boy

An Indian court on Saturday remanded an American citizen in custody for 14 days over allegations he molested a teenaged boy in his hotel room, police said. The 51-year-old US national was produced before a sessions court in Kolkata, capital of West Bengal
Published 29 Nov, 2015 12:00am
Suu Kyi lays down law on party discipline to new Myanmar MPs

Suu Kyi lays down law on party discipline to new Myanmar MPs

Aung San Suu Kyi has warned newly minted MPs she will not tolerate poor discipline or wrongdoing, party members said Saturday, as Myanmar's democracy champion began marshalling her opposition for government amid sky-high expectations. Suu Kyi's National L
Published 29 Nov, 2015 12:00am
French PM Valls calls on Gulf to accept more refugees

French PM Valls calls on Gulf to accept more refugees

French Prime Minister Manuel Valls has called on the Gulf states to accept more refugees fleeing Syria, saying that a "humanitarian disaster" could erupt in the Balkans if Europe does not control its borders. "I'll say it again, Europe cannot accept all t
Published 29 Nov, 2015 12:00am
Nestle inaugurates new clean drinking water facility

Nestle inaugurates new clean drinking water facility

Nestlé SA General Manager and Nestlé Waters Global CEO, Marco Settembri, is currently visiting Pakistan. He met community elders from Bhatti Dhilwan village after inaugurating a clean drinking water facility in the community located next to the Nestlé She
Published 29 Nov, 2015 12:00am
Radiology imaging: Siemens Healthcare showcases latest developments

Radiology imaging: Siemens Healthcare showcases latest developments

The Siemens Healthcare Pakistan showcased on Saturday the latest developments in radiology imaging at the 30th Annual Radiology Conference set up by the Radiology Society of Pakistan. Siemens is committed to improving the quality of patient care by introd
Published 29 Nov, 2015 12:00am
ICT LG law: opposition stunned by amendments

ICT LG law: opposition stunned by amendments

Amendments to the ICT Local Government Act 2015 by the government through a presidential ordinance issued on 15 October 2015 following a note initiated by Ministry of Interior and released Friday 27 November visibly stunned opposition parties. According t
Published 29 Nov, 2015 12:00am
KTBA urges FBR to extend date of filing returns to December 31

KTBA urges FBR to extend date of filing returns to December 31

Karachi Tax Bar Association (KTBA) has requested the Federal Bureau of Revenue (FBR) to extend the date of filing of returns till December 31, 2015 to facilitate taxpayers at maximum level. Highlighting the problems being faced by taxpayers in filing retu
Published 29 Nov, 2015 12:00am
Transgender demand jobs quota in government departments

Transgender demand jobs quota in government departments

A large number of people belonging to transgender community staged a protest demonstration outside the Punjab Assembly against non-implementation of job quota in government departments and what they said excesses meted out to them by police and Department
Published 29 Nov, 2015 12:00am
Sindh government urged to pay HDA employees' salaries

Sindh government urged to pay HDA employees' salaries

Hyderabad Chamber of Commerce and Industry (HCCI) urged Sindh government to pay the pending salaries of employees of Hyderabad Development Authority (HDA) as soon as possible. Senior Vice President, Turab Ali Khawaja said this in the statement released he
Published 29 Nov, 2015 12:00am
Two SSGC officials sent on 14-day remand

Two SSGC officials sent on 14-day remand

An accountability court on Saturday sent the Sui Southern Gas Company's Deputy Managing Director, Shoaib Warsi, along with former managing director Zuhair Siddiqui on a 14-day remand, on charges of embezzlement and terror financing. The accused, who were
Published 29 Nov, 2015 12:00am
'Government urged to take safety measures for protection of journalists'

'Government urged to take safety measures for protection of journalists'

Pakistan is a signatory to the UN plan of action on the safety of journalists therefore government needs to ensure security and protection of media persons, said participants of national media conference. Pakistan is the world's most dangerous country for
Published 29 Nov, 2015 12:00am
Rangers' stay in Sindh: chief minister gets summary

Rangers' stay in Sindh: chief minister gets summary

Extension in special powers of paramilitary Rangers in Sindh is nearing to be over once again in December this year. Sindh Chief Minister Syed Qaim Ali Shah, who has been Dubai on call from the party co-chairman Asif Ali Zardari, is the sole civilian auth
Published 29 Nov, 2015 12:00am
Two IED explosions reported in Quetta

Two IED explosions reported in Quetta

Two low intensity blasts hit Quetta's Chashma Achozai area close to the airport, here on Saturday afternoon. Improvised explosive devices (IEDs) planted by unknown miscreants went off in a deserted area close to the railway track, officials said. Security
Published 29 Nov, 2015 12:00am
Dr Asim's fate to be decided as per law: Nisar

Dr Asim's fate to be decided as per law: Nisar

Interior Minister Chaudhry Nisar Ali Khan on Saturday said that National Accountability Bureau (NAB) is interrogating PPP leader Dr Asim Hussain and his fate will be decided as per law. Talking to media in Wah Cantt, he said that the Interior Ministry has
Published 29 Nov, 2015 12:00am
Mobile phone service, pillion riding ban under consideration

Mobile phone service, pillion riding ban under consideration

Considerations of ban on mobile phone service and pillion riding have emerged as local body polls draw near. A session of apex committee will convene on Monday to discuss regional security. Third phase of local body polls will commence on December 5. A se
Published 29 Nov, 2015 12:00am
ECP vows action against PTI, JI over Karachi rally

ECP vows action against PTI, JI over Karachi rally

The Election Commission of Pakistan (ECP) has vowed an action against Pakistan Tehreek-i-Insaf (PTI) and Jamaat-i-Islami, for taking out a rally in Karachi. In a statement issued here on Saturday, ECP said that its code of conduct for local body (election
Published 29 Nov, 2015 12:00am
Ayyan's passport not yet returned
Currency

Ayyan's passport not yet returned

Despite the Customs Court's order, Ayyan Ali failed to get her passport back on Saturday. The passport was belatedly shown as case property. Ayyan had to face disappointment when she was informed that the concerned judge was on leave. The duty judge also
Published 29 Nov, 2015 12:00am
AKU Convocation 2015 held: Graduates urged to strengthen civil society

AKU Convocation 2015 held: Graduates urged to strengthen civil society

"I know how desperate Pakistani youth is for role models and I wish they had more," said Dr Ruth Pfau, founder of the Mary Adelaide Leprosy Centre, while addressing the 412 graduates from 36 cities in Pakistan and 4 countries being awarded degrees and dip
Published 29 Nov, 2015 12:00am
PBA condemns attack

PBA condemns attack

Pakistan Broadcasters Association (PBA) strongly condemns the attack today on DAWN News Satellite Van in Karachi by unknown people injuring one of its employees. PBA termed this act an attempt to curb freedom of expression and to discourage media from per
Published 29 Nov, 2015 12:00am
Sugarcane purchase price fixed at Rs 180 per 40 kgs in Punjab

Sugarcane purchase price fixed at Rs 180 per 40 kgs in Punjab

The Punjab government has fixed the sugarcane minimum purchase price at Rs 180 per 40 kilograms for the crushing season 2015-16. According to the notification issued by the Food Department, the minimum purchase price of sugarcane at the factory gate as we
Published 29 Nov, 2015 12:00am
Shahbaz opens latest landing system at AIIA

Shahbaz opens latest landing system at AIIA

Punjab Chief Minister Shahbaz Sharif on Saturday inaugurated latest Instrument Landing System (ILS) at Allama Iqbal International Airport for safe landing of aircrafts during fog and bad weather conditions. The CM inspected the modern system installed on
Published 29 Nov, 2015 12:00am
Concern expressed over raise in gas tariff

Concern expressed over raise in gas tariff

The Business Community of Southern Punjab has sharply reacted on the decision of the Oil and Gas Regulatory Authority (Ogra) to pass on the burden of amounting to mammoth Rs 25 billion on to the legitimate end gas consumers by increasing the UFG (unaccoun
Published 29 Nov, 2015 12:00am
Waseela-e-Taleem Programme is landmark initiative of BISP: President

Waseela-e-Taleem Programme is landmark initiative of BISP: President

BISP is the flagship social safety net programme of the country and Waseela-e-Taleem Programme is a landmark initiative of BISP with regard to the great causes of education and long term poverty alleviation. This was stated by the President Mamnoon Hussai
Published 29 Nov, 2015 12:00am
ICMA signs MoUs with two universities

ICMA signs MoUs with two universities

The Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan), has signed MoUs for Research, Development and Innovation (RDI) with Institute of Business Administration (IBA) Karachi, Applied Economics & Research Centre (AERC), University of
Published 29 Nov, 2015 12:00am
Dignosco organises scuba diving training session

Dignosco organises scuba diving training session

The social impact organisation Dignosco collaborated with certified professional divers, Indus Scuba for a weeklong scuba diving and reef cleaning activity in Karachi recently as part of its experiential learning programme. The course began with a full da
Published 29 Nov, 2015 12:00am
JI demands inclusion of Fata representatives in body for reforms

JI demands inclusion of Fata representatives in body for reforms

Jamaat-i-Islami Khyber Pakhtunkhwa ameer, Mushtaq Ahmad Khan has demanded of the federal government to announce a comprehensive package for Federally Administrative Tribal Areas-FATA, to mitigate the suffering of tribesmen. He said that a draft of 22nd co
Published 29 Nov, 2015 12:00am
CNG stations to be closed for 4 days a week

CNG stations to be closed for 4 days a week

CNG stations will remain close in Karachi for 4 days instead of 3 in the upcoming days. Federal Board of Revenue (FBR) had demanded to levy an additional tax of Rs 4 billion from Sui Southern Gas Company (SSGC). SSGC will now obtain the amount as per orde
Published 29 Nov, 2015 12:00am
Concrete steps needed to resolve water crisis: PBIF chief

Concrete steps needed to resolve water crisis: PBIF chief

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has said that the looming water crisis is a big threat to the survival of the country which calls for immediate action. Water scarcity continue to increase but policymakers
Published 29 Nov, 2015 12:00am
Zong to launch smart solution to transform health sector in Pakistan

Zong to launch smart solution to transform health sector in Pakistan

Zong, the most advanced network in Pakistan, has recently partnered with leading IT company, INFOGISTIC to launch 'CloudClinik' which is an online Electronic Medical Record (EMR) software for doctors and patients. At the signing ceremony, Syed Owais Hassa
Published 29 Nov, 2015 12:00am
Prices of most kitchen items register decline

Prices of most kitchen items register decline

The prices of perishable kitchen items have registered a further decline during past week as compared to preceding week, revealed a survey conducted by Business Recorder, here on Saturday. The survey observed that the price of capsicum in wholesale
Published 29 Nov, 2015 12:00am
Two-day global moot on 'dairy science park' held at AUP

Two-day global moot on 'dairy science park' held at AUP

The Faculty of Animal Husbandry and Veterinary Sciences (FAHVS), Agriculture University of Peshawar (AUP), organised the third International two-day Workshop on Dairy Science Park (DSP). Khyber Pakhtunkhwa Senior Minister for Local government and rural de
Published 29 Nov, 2015 12:00am
Khwaja Asif to visit Iran in January

Khwaja Asif to visit Iran in January

Defence Minister Khawaja Asif is scheduled to visit Iran in January to discuss ways to develop more defence co-operation with the neighbouring country. He will also talk to Iranian officials on bilateral and regional issues, IRNA reported on Saturday. The
Published 29 Nov, 2015 12:00am
Number of cases in Islamabad soars

Number of cases in Islamabad soars

The hollow claims of police of strengthening security in federal Capital have gone down the drain as various city police stations registered 10 cases of robbery, six cases of auto thefts and two cases of kidnapping during last seven days. According to dat
Published 29 Nov, 2015 12:00am
FCCI chief concerned over cut in gas quota for industry

FCCI chief concerned over cut in gas quota for industry

Faisalabad Chamber of Commerce and Industry (FCCI) has expressed concern over the cut in "life saving gas quota" for industrial sector from 25 percent to 17 percent. Chaudhry Muhammad Nawaz President FCCI said that cut in gas quota at this crucial time ha
Published 29 Nov, 2015 12:00am
Daewoo to launch TDF's nature series for travellers

Daewoo to launch TDF's nature series for travellers

Travellers using Daewoo's express bus service will now be able to watch high-definition footage of Pakistan's beautiful natural heritage as they traverse the country. The transportation company has added the Dawood Foundation (TDF)'s 'Nature Series' docum
Published 29 Nov, 2015 12:00am
'KP government issued Rs 450 million funds to JI ahead of LB polls'

'KP government issued Rs 450 million funds to JI ahead of LB polls'

The Khyber Pakhtunkhwa (KP) government in a bid of showing extra courtesy to the Jamaat-i-Islami (JI) MPs issued funds worth more than Rs 450 million to three of their constituencies. According to details, the move was taken just before the local body pol
Published 29 Nov, 2015 12:00am
PU allocates land for Orange Train project conditionally

PU allocates land for Orange Train project conditionally

The Punjab University Syndicate in its 17th meeting on Saturday decided to allocate a 36,000 square feet land near Chouburji for Orange Train project following a request by the Lahore Development Authority. But in return, the meeting had placed some condi
Published 29 Nov, 2015 12:00am
Nandipur generating 100 megawatts at present: Abid Sher

Nandipur generating 100 megawatts at present: Abid Sher

Minister of State for Water & Power Abid Sher Ali has said the Nandipur Power Project was generating 100 megawatt electricity at present and the propaganda about closure of its operations was baseless and unfounded. He was addressing a press conference at
Published 29 Nov, 2015 12:00am
Safoora carnage case Court approves final Challan

Safoora carnage case Court approves final Challan

An anti-terrorism court (ATC) in Karachi on Saturday approved final Challan presented by the investigation officer in Safoora carnage case. The challan stated that eight suspects have been arrested while eleven others are still at large. Suspect Qamar Sul
Published 29 Nov, 2015 12:00am
Arrest of Hizbut Tehreer extremist: PPP demands monitoring of KE

Arrest of Hizbut Tehreer extremist: PPP demands monitoring of KE

Pakistan People's Party (PPP) Karachi Division President Syed Najmi Alam, General Secretary Nadeem Bhutto and Secretary Information Syed Manzoor Abbas while expressing serious concern on presence of extremist elements in Karachi Electric, especially those
Published 29 Nov, 2015 12:00am
PTI, JI rallies Karachi Admin asks ECP to take notice

PTI, JI rallies Karachi Admin asks ECP to take notice

Pakistan Tehreek-e-Insaf (PTI) and Jamaat-i-Islami (JI) did not take permission to hold rallies hence notice should be taken against them, demanded administration of Karachi from Election Commission of Pakistan (ECP) on Saturday. In a bid to heat up thing
Published 29 Nov, 2015 12:00am
PTI's Ismail daring admin to arrest PTI leaders

PTI's Ismail daring admin to arrest PTI leaders

Pakistan Tehreek-e-Insaf (PTI) leader Imran Ismail has claimed that his party has evidence of application given to Karachi administration for a rally in the city. "We will go ahead with our rally and if administration wants to arrest us, go ahead" Ismail
Published 29 Nov, 2015 12:00am
KP government to reconstruct 200 schools in nine districts

KP government to reconstruct 200 schools in nine districts

The government of Khyber Pakhtunkhwa is planning to reconstruct more than 200 high and higher secondary schools in nine districts of the province. This reconstruction is besides those which have been hit by earth quake or those primary schools in which al
Published 29 Nov, 2015 12:00am
Afghanistan hosts reference to pay homage to Lala

Afghanistan hosts reference to pay homage to Lala

A grand condolence reference was held in Hotel Kabul Star to pay tribute to the life and struggle of Mohammad Afzal Khan (Khan Lala) in Kabul, Afghanistan Saturday. The reference was hosted by the Afghan Ministry of Tribal and Borders Affairs. ANP Preside
Published 29 Nov, 2015 12:00am
Speakers pay homage to Afzal Khan Lala

Speakers pay homage to Afzal Khan Lala

Speakers here in a condolence reference paid homage to late veteran nationalist leader Afzal Khan Lala, saying he had always been taught a lesson of peace and solidarity and raise voice against terrorism. The condolence reference in memory of late nationa
Published 29 Nov, 2015 12:00am
IGP reviews security arrangements for LB polls

IGP reviews security arrangements for LB polls

Inspector General of Police Islamabad Tahir Alam Khan has directed all police officials to ensure elaborate security arrangements in Capital on eve of polling day on November 30 when people will cast their vote at various polling stations. He made these d
Published 29 Nov, 2015 12:00am
PM's Health Insurance Scheme to be launched in December: Saira

PM's Health Insurance Scheme to be launched in December: Saira

The minister of state for national health services, regulation and co-ordination Saturday announced that with his government now focusing on the health sector, the PM's Health Insurance Scheme will be launched in December to help the poor. Minister Saira
Published 29 Nov, 2015 12:00am
Maximum pain for commodities. Are we there yet?: Russell

Maximum pain for commodities. Are we there yet?: Russell

The dominant theme of commodity markets in recent months, in virtually every article or conversation at events, has been how much lower can prices possibly go. The answer is simple, they will stop falling when the point of maximum pain is reached. With th
Published 29 Nov, 2015 12:00am
Sudan emerges as regional hub for sugar imports, smuggling rife

Sudan emerges as regional hub for sugar imports, smuggling rife

Sudan has long been known for its sweet tooth, but is now importing far more sugar than it can consume after the removal of customs duties with some supplies smuggled across its porous borders to neighbouring countries such as South Sudan and Chad. The go
Published 29 Nov, 2015 12:00am
Global rubber output to drop as farmers curtail tapping

Global rubber output to drop as farmers curtail tapping

Global natural rubber output could drop for a second straight year in 2015 as prices near six-year lows have prompted Asian farmers to curtail tapping during their peak season. Lower production this year - which would be the first time in at least a decad
Published 29 Nov, 2015 12:00am
China to cut domestic corn prices in bid to shrink massive stockpiles

China to cut domestic corn prices in bid to shrink massive stockpiles

Beijing plans to cut local corn prices for a second year as it pushes to reignite stalled demand from its crisis-hit grain processors and whittle down the world's biggest corn stockpile, industry sources said. In its latest move to boost a sector that has
Published 29 Nov, 2015 12:00am
Nicaragua coffee exports drop more than 60 percent in October

Nicaragua coffee exports drop more than 60 percent in October

Nicaraguan coffee exports plunged by about 62 percent in October, the first month of the current 2015/2016 harvesting season, compared with the same month last year, the national export center Cetrex said on Monday. Coffee shipments in October totalled 37
Published 29 Nov, 2015 12:00am
Higher temperatures delay wheat planting in India

Higher temperatures delay wheat planting in India

India's wheat planting has been delayed by at least a week due to high temperatures, threatening its output of the grain yet again after hailstorms during harvest earlier this year dragged down annual production levels for the first time since 2007. Lower
Published 29 Nov, 2015 12:00am
Russia zinc smelter cuts fail to tips supply-demand balance

Russia zinc smelter cuts fail to tips supply-demand balance

Output cuts announced by Chinese zinc smelters last week will do little to tighten next year's global supply-demand balance in refined metal because already known mining cutbacks would have forced smelters to reduce production anyway. On top of that, hard
Published 29 Nov, 2015 12:00am
Russian farming group Rusagro bets on sugar as prices rise

Russian farming group Rusagro bets on sugar as prices rise

Russian farming conglomerate Rusagro said it plans to sign a deal this week to buy the debt and some equity of rival Razgulay as part of a plan to expand its sugar business at a time of rising prices. Raw sugar futures are trading near a 10-month high tha
Published 29 Nov, 2015 12:00am
Large China copper smelters agree to cut production 5 percent in 2016

Large China copper smelters agree to cut production 5 percent in 2016

Nine large copper producers in China have agreed to cut refined metal production by more than 200,000 tonnes in 2016 or around 5 percent from this year's level, an executive at one of the producers said on Saturday. The nine producers also will ask the st
Published 29 Nov, 2015 12:00am
'Economy's woes': MoF's response

'Economy's woes': MoF's response

This refers to an article titled "Economy's woes" carried by Business Recorder on November 25. In the article, the author discussed sharp decline in FDI on the basis of data of first quarter of current fiscal year. He has stated that FDI witnessed
Published 29 Nov, 2015 12:00am
LatAm hands climate bill to rich world at summit

LatAm hands climate bill to rich world at summit

Latin America will demand that the richest and most polluting countries foot the bill for reducing harmful emissions at the world climate summit starting Monday. Countries in one of the world's poorest and most environmentally diverse regions have failed
Published 29 Nov, 2015 12:00am
Life returns to Syrian town

Life returns to Syrian town

Outside her home in a town of north-east Syria, four-year-old Baydaa scribbles on a leaflet of religious rules left behind by the Islamic State group as they fled earlier this month. Her face is adorned with make-up of the sort banned by the jihadist grou
Published 29 Nov, 2015 12:00am
The Laffer Curve and Pakistan

The Laffer Curve and Pakistan

In the last couple of days, the newspapers in Pakistan are abuzz with another mini budget to be announced by the government of Pakistan. It seems that the Tax Revenue once again is going to have a significant shortfall from the budgetary figures. Combined
Published 29 Nov, 2015 12:00am
Friendship stands revived

Friendship stands revived

Bilateral relations between Pakistan and Saudi Arabia have been historically very close, with two sides extensively co-operating with each other in myriad fields including defence. But in the wake of the Yemen crisis early this year these came under consi
Published 29 Nov, 2015 12:00am
The power strategy revisit

The power strategy revisit

The Sharif administration appears to have shifted its earlier focus on generation to "less splashy reforms including new transmission systems, privatisation and better management," according to a foreign news agency. One can fully support this shift as, a
Published 29 Nov, 2015 12:00am
LG polls in Karachi: Imran, Siraj seek to muster massive support

LG polls in Karachi: Imran, Siraj seek to muster massive support

Tens of thousands supporters of Pakistan Tehreek-e-Insaf (PTI) and Jamaat-i-Islami (JI) on Saturday rallied here with their central leaders - Imran Khan and Sirajul Haq - seeking public mandate through the December 5 local government polls to rule the meg
Published 29 Nov, 2015 12:00am
LG polls in Karachi: Imran, Siraj seek to muster massive support

LG polls in Karachi: Imran, Siraj seek to muster massive support

Tens of thousands supporters of Pakistan Tehreek-e-Insaf (PTI) and Jamaat-i-Islami (JI) on Saturday rallied here with their central leaders - Imran Khan and Sirajul Haq - seeking public mandate through the December 5 local government polls to rule the meg
Published 29 Nov, 2015 12:00am
MDGs: performance much lower than desired, says Pasha

MDGs: performance much lower than desired, says Pasha

Pakistan''s performance has been much lower than desired in terms of achieving Millennium Development Goals (MDGs), said Former Advisor to Prime Minster on Finance Dr Hafeez Pasha here Saturday. Addressing an event in connection with 70th anniversary of t
Published 29 Nov, 2015 12:00am
MDGs: performance much lower than desired, says Pasha

MDGs: performance much lower than desired, says Pasha

Pakistan's performance has been much lower than desired in terms of achieving Millennium Development Goals (MDGs), said Former Advisor to Prime Minster on Finance Dr Hafeez Pasha here Saturday. Addressing an event in connection with 70th anniversary of th
Published 29 Nov, 2015 12:00am
MDGs: performance much lower than desired, says Pasha

MDGs: performance much lower than desired, says Pasha

Pakistan's performance has been much lower than desired in terms of achieving Millennium Development Goals (MDGs), said Former Advisor to Prime Minster on Finance Dr Hafeez Pasha here Saturday. Addressing an event in connection with 70th anniversary of th
Published 29 Nov, 2015 12:00am
Protests in UK, Spain as momentum builds to join Syria strikes

Protests in UK, Spain as momentum builds to join Syria strikes

Some 5,000 people protested in London Saturday against potential British participation in Syria airstrikes, as political momentum mounted to broaden the fight against Islamic State (IS) jihadists. Prime Minister David Cameron on Thursday laid out the case
Published 29 Nov, 2015 12:00am
Protests in UK, Spain as momentum builds to join Syria strikes

Protests in UK, Spain as momentum builds to join Syria strikes

Some 5,000 people protested in London Saturday against potential British participation in Syria airstrikes, as political momentum mounted to broaden the fight against Islamic State (IS) jihadists. Prime Minister David Cameron on Thursday laid out the case
Published 29 Nov, 2015 12:00am
RD on weapons may be enhanced from December 1

RD on weapons may be enhanced from December 1

The government is likely to enhance regulatory duty on the import of different kinds of weapons including pistols and shotguns from existing 15-20 percent to 20-25 percent from December 1, 2015. Sources said that the 15 to 20 percent regulatory duty is ap
Published 29 Nov, 2015 12:00am
RD on weapons may be enhanced from December 1

RD on weapons may be enhanced from December 1

The government is likely to enhance regulatory duty on the import of different kinds of weapons including pistols and shotguns from existing 15-20 percent to 20-25 percent from December 1, 2015. Sources said that the 15 to 20 percent regulatory duty is ap
Published 29 Nov, 2015 12:00am
RD on weapons may be enhanced from December 1

RD on weapons may be enhanced from December 1

The government is likely to enhance regulatory duty on the import of different kinds of weapons including pistols and shotguns from existing 15-20 percent to 20-25 percent from December 1, 2015. Sources said that the 15 to 20 percent regulatory duty is ap
Published 29 Nov, 2015 12:00am
Thousands of Arab Israelis protest Islamic Movement ban

Thousands of Arab Israelis protest Islamic Movement ban

Thousands of Arab Israelis marched Saturday in northern Israel to protest against the decision to ban the radical wing of the Islamic Movement, with its leader denouncing Tel Aviv. Under a sea of Palestinian flags, the descendents of Palestinians who rema
Published 29 Nov, 2015 12:00am
Thousands of Arab Israelis protest Islamic Movement ban

Thousands of Arab Israelis protest Islamic Movement ban

Thousands of Arab Israelis marched Saturday in northern Israel to protest against the decision to ban the radical wing of the Islamic Movement, with its leader denouncing Tel Aviv. Under a sea of Palestinian flags, the descendents of Palestinians who rema
Published 29 Nov, 2015 12:00am
Shiv Sena lashes out at BCCI for holding series

Shiv Sena lashes out at BCCI for holding series

The fanatics of Hindu extremist party Shiv Sena on Saturday once again launched a full-fledged attack on the Board of Control for Cricket in India (BCCI) for going ahead with the India-Pakistan bilateral series. Indian media along with extremists have sta
Published 29 Nov, 2015 12:00am
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