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Government fully committed to efface terrorism: President PESHAWAR: President Mamnoon Hussain on Saturday reiterated his stance that the government was fully committed to stamp out menace of terrorism from the country with effective legal and security measures.Talking to media persons, the President expressed his deep grief and sorrow over Peshawar tragedy and said such issues generally gave a nation, new aspirations and spirits to tackle all ills and evils with firm determination of eliminating them."The whole nation is ready to remove this menace forever and to target its root-causes," he added."As a result of such incident, the whole nation gets united and the few among them with feelings that these elements could be persuaded, have also changed their opinion about them," he added.The President said that government was working upon a number of pieces of legislation to provide security to the witnesses in such cases, besides the mechanism for expeditious proceedings and swift disposal of cases.President Mamnoon ...

UN chief arrives in Guinea on final day of Ebola tour CONAKRY: UN Secretary General Ban Ki-Moon arrived in the Guinean capital Conakry on Saturday on the last day of his tour of west African countries hit by the world's worst outbreak of Ebola.The UN chief was greeted at the airport by Guinea's foreign and health ministers Francois Louceny Fall and Remy Lamah.Several officials involved in the drive to end the epidemic in Guinea were also on hand at the airport.Ban, who did not speak to ...

Russia brands new sanctions roadblock to Ukraine peace KIEV: Russia accused the West on Saturday of fuelling unrest in Ukraine by adopting anti-Kremlin sanctions that further erode the prospects of peace talks to end the separatist war.A Ukranian conference mediated by European and Russian envoys in the Belarussian capital Minsk had initially been set for last week and meant to coincide with a new truce in the eight-month conflict.The ceasefire appears to be holding better than similar previous measures and the number of ...

North Korea says to boost nuclear power to counter US hostile policy SEOUL: North Korea vowed on Saturday to boost its "nuclear power" to counter Washington's hostile policy, saying it had become apparent the United States aimed to invade the North under the guise of human rights abuses.Member countries of the United Nations on Thursday urged the Security Council to consider referring North Korea to the International Criminal Court (ICC) for crimes against humanity as alleged in a U.N. inquiry report released earlier this year."Now that the ...

Putin urges Russia's secret services to tackle 'modern challenges' MOSCOW: Russian President Vladimir Putin called on Saturday for improvement of Moscow's secret services to tackle "modern challenges and threats" amid his country's standoff with the West over the Ukrainian crisis.The call came in a letter by Putin, himself a former KGB agent, to veterans and current operatives of Russia's security services on the day Moscow traditionally honours them."I stress that modern challenges and threats and emergence of new destabilising factors require an increase in ...

Capital Stage eyes 500-600mn euros investment in solar parks FRANKFURT: Capital Stage, a Hamburg-based operator of wind and solar parks, plans to invest hundreds of millions of euros next year after gaining insurer Gothaer as a partner, its chief executive told a German newspaper."With the 150 million euros ($183.41 million) profit participation capital from Gothaer we can realise an investment volume of 500 to 600 million euros that would be available for investments in European solar parks," Euro am Sonntag quoted Felix Goedhart as ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln