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Fans show newfound respect for Justin Bieber KARACHI: Justin Bieber has reportedly disappointed his fans twice by arriving late for concerts. But to make up for recent blunders, it appears the teenage heart-throb is working hard to clear his name. Many of Bieber’s friends and fans were reportedly surprised and pleased when he halted the show twice at Istanbul’s ITU Stadium to show his respect for Azan, a Muslim prayer call. His gesture received accolade from everyone who reportedly thanked him for showing respect for the Muslim population in Turkey. Other fans used Twitter as a platform to display their gratitude for the pop star. The well-received gesture proved to be a step in the right direction in improving his image. But just how long this good boy attitude lasts, remains to be seen.     Copyright Business Recorder, 2013  


Xbox 720 to be renamed Fusion? KARACHI: According to the latest reports the highly-awaited successor to the Xbox 360 has yet to be named. However, it has been reported that the Xbox 720 may be christened the Xbox “Fusion” as Microsoft has reportedly been buying up domains including XboxFusion.co.uk, XboxFusion.de and XboxFusion.info. After the announcement of the new Sony PS4 console earlier this year it is evident that Microsoft is eager to make a strong first impression with the Xbox Fusion showcasing ...

An enigmatic tweet by Kanye West KARACHI: After deleting his usually over-active twitter feed, Kanye West has since tweeted a mysterious message that just reads “June Eighteen”. Kanye West, who has allegedly been criticized as being a bear with a sore head, has since kept his outbursts short and sweet. His latest update is all his 9.5 million followers can see. However, it is still not known if June 18th implies the release of his new album, his new single, or ...

Ex-Pope Benedict to Live Nearby His Successor KARACHI: Last seen by the public on March 23rd, ex-Pope Benedict has moved back to the Vatican City. The first Pope to resign in almost 600 years chose to leave the Vatican City immediately after his abdication in order to remove himself physically from the process of electing his successor. It is reported that ex-Pope Benedict is suffering through a sense of deflation similar to what many people feel once they stop working. The 86-year-old ...

Aishwarya Rai Bachchan rejects opportunity to star opposite SRK KARACHI: After acquiring the famous Bachchan surname, it is reported that Aishwarya Rai Bachchan is making her comeback in Bollywood after her long maternity break. Aishwarya Rai was reportedly approached by choreographer turned director Farah Khan for the lead female role opposite Shahrukh Khan in her upcoming film Happy New Year.Setting the box office on fire with Sanjay Leela Bhansali’s film Devdas, was the last time Aishwarya and Shahrukh Khan featured together. Her husband Abishek ...

Russia's Mariinsky Theatre unveils new stage SAINT-PETERSBURG: Russia's famous Mariinsky theatre in Saint Petersburg inaugurated a new ballet and opera house on Thursday in a gala ceremony attended by a glittering array of celebrities including President Vladimir Putin and singer Placido Domingo.In his opening speech, Putin paid tribute to the "boundless energy" of the theatre's hugely ambitious and well-connected director Valery Gergiev, celebrating his 60th birthday."The most important thing is that we have here everything you need for a theatre, the ...

Judge lets Lindsay Lohan stay at California rehab center LOS ANGELES: A judge ruled Thursday that troubled US actress Lindsay Lohan could check into a California rehab center for 90 days of court-ordered treatment, after a last-minute venue switch.Lohan had been expected to check into a facility in New York state, but changed her mind because it did not allow smoking, heading instead for a center in Newport Beach, south of Los Angeles.Los Angeles Superior Court judge James R. Dabney agreed to the 11th ...


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln