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Putin hopes common sense prevails in West over sanctions MOSCOW: Russian President Vladimir Putin said on Monday he hoped "common sense" would prevail in the West over the possibility of imposing additional sanctions, Russian news agency Interfax reported on Monday. "I hope that common sense will prevail and we will work in a normal modern way, and that neither we nor our partners will bear the costs of these mutual jabs," the agency reported him as saying.European Union leaders agreed on Saturday to ask the European Commission to draw up more measures against Moscow, which could be adopted in coming days, after accusations that Russia was sending troops into Ukrainian territory. Copyright Reuters, 2014

PIMA announces to donate Rs20mn for rehabilitation of Gaza, hospitals ISLAMABAD: Pakistan Islamic Medical Association (PIMA) Monday announced Rs20 millions donation for the rehabilitation of hospitals of Gaza, Palestine.Spokesman PIMA Abdul Wadood told APP that mosques, schools, hospitals and primary health clinics were either severely damaged or destroyed in Gaza by Israeli forces."A team of senior surgeons from Pakistan will visit Gaza in September," he added. He said that the team will be headed by Prof Muhammad Iqbal Khan, an Islamabad based renowned Vascular Surgeon, ...

Tesco tumbles again as Britain's FTSE edges lower LONDON: Britain's top equity index edged lower on Monday, as another sharp fall in the share price of supermarket retailer Tesco pegged back the overall stock market.The blue-chip FTSE 100 index fell by 0.1 percent, or 7.06 points, to 6,812.69 points in early trading. Volumes were expected to be relatively thin, with New York closed for a public holiday. Tesco retreated by 2 percent, following a 6.6 percent slump on Friday after the company cut ...

Euro zone factory growth slows in August amid Ukraine tension LONDON: Euro zone manufacturing growth slowed slightly more than initially thought last month as new orders dwindled and factories suffered amid rising tensions in Ukraine, a business survey showed on Monday.Factories barely increased prices last month, and manufacturing activity in France fell at the fastest pace in 15 months, in disappointing news for the European Central Bank before Thursday's monetary policy-setting meeting. Markit's final August manufacturing Purchasing Managers' Index came in at 50.7, the lowest ...

Pakistani protesters push closer to PM house, force TV off the air ISLAMABAD: Pakistani protesters pushed closer to the prime minister's house in central Islamabad on Monday in their bid to force his removal and closed down national television after clashes turned violent over the weekend. News footage showed soldiers and paramilitary forces entering PTV national television's headquarters in central Islamabad after a crowd broke through its gate and into the building. "They have stormed the PTV office," a news anchor said just before the screen went ...

Security Forces clear protesters from PTV ISLAMABAD: Security Forces on Monday cleared hundreds of anti-government protesters from the PTV after they seized the building and cut transmissions, according to an AFP journalist at the scene.Demonstrators seeking the overthrow of Prime Minister Nawaz Sharif stormed Pakistan Television and occupied the building for around half an hour before being removed.Copyright AFP (Agence France-Presse), 2014


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln