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Indonesia military plane crash toll rises to 142 MEDAN: The death toll from the crash of an Indonesian air force plane packed with military personnel and their families rose to 142 Wednesday, as witnesses described people fleeing the disaster zone covered in blood with their clothes alight.The Hercules C-130 transport plane crashed into a residential area in the city of Medan on Tuesday, shortly after taking off from an airbase in the city on Sumatra island. Buildings were severely damaged, cars reduced to flaming wrecks and the plane itself was almost completely destroyed, with the mangled tail the only part of the 51-year-old aircraft still recognisable after the disaster. Many of those on board the flight to an island off Sumatra, which was carrying 122 people, were believed to be servicemen and women and their families. The air force has said no one survived the crash. It is unclear how many people died on the ground, but a ...

Rebel fire kills 20 civilians in Yemen's Aden ADEN: - Rebel fire on a residential district of Yemen's battleground second city Aden killed at least 20 civilians and wounded 41 early Wednesday, medical sources said.The Huthi rebels and their allies pounded the city's loyalist-held Al-Mansura district with 15 Katyusha rockets from their positions in the Dar Saad neighbourhood, loyalist forces spokesman Ali al-Ahmadi told AFP.Copyright AFP (Agence France-Presse), 2015

State Dept. releases nearly 2,000 Clinton emails WASHINGTON: The State Department released nearly 2,000 emails from Hillary Clinton's time as top US diplomat late Tuesday, following orders from a federal judge.The large tranche of emails, mainly from 2009, was made public shortly before 9:00 pm (0100 GMT Wednesday) on the State Department's Freedom of Information Act website.At first glance, the 3,000-some pages of exchanges contain schedules, communications with staffers and advisor Sidney Blumenthal, cables about China and concern over late Libyan strongman ...

Finance Minister meets Chinese banking heads ISLAMABAD: Minister for Finance, Muhammad Ishaq Dar Tuesday met with several top ranking heads of China's financial sector and also called on his Chinese counterpart Finance Minister, Lou Jiwci in Beijing.A statement received here said that in a meeting with Chairperson of the Export and Import Bank of China (EXIM), Hu Xiaolian, the minister congratulated the newly appointed chairperson on assuming office and expressed hope that EXIM's cooperation with Pakistan would gain further momentum under ...

Efforts being made to improve railway system: Saad ISLAMABAD: Federal Minister for Railways, Khawaja Saad Rafique Tuesday said that all out efforts were being made to improve the railway system across the country.Talking to a private news channel, he said that focus was being given to provide facilities to the passengers with affordable rates, adding that steps had been taken to achieve the progress in this regard.He said that special trains would be launched on the happy occasion of Eid days with affordable ...

Developed countries should play role to check global warming: Minister ISLAMABAD: Federal Minister for Climatic Change, Senator Mushahid ullah Khan Tuesday said that developed countries should play role to check global warming affecting environment of many under-developed countries of the world including Pakistan.Talking to Pakistan Television channel, he said that Pakistan was also facing the challenges emerged due to global warming, adding that early warning system about the changing weather could help prevent the people from the big disaster.He said that there was need to ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln