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White House wins enough Senate support for Iran deal WASHINGTON: US President Barack Obama on Wednesday earned sufficient congressional backing to ensure the Iran nuclear deal does not get blocked, when a 34th senator announced her support for the accord.Most US lawmakers are opposed to the deal, which would ease punishing economic sanctions on Tehran while preventing it from advancing its nuclear program. Many Republicans warn that the Islamic republic will seek to cheat its way to an atomic bomb.Should Congress pass a resolution that disapproves of the deal, Obama would veto it. Overcoming the veto would require a two-thirds vote in the Senate and House of Representatives.With veteran Senate Democrat Barbara Mikulski announcing her support Wednesday, the deal now has 34 backers in the Senate -- the number needed to uphold Obama's veto.While the deal is not perfect, Mikulski said, "I have concluded that this Joint Comprehensive Plan of Action is the best option available to block Iran ...

Kerry hopeful Israeli-Palestinian talks can be relaunched WASHINGTON: US Secretary of State John Kerry said Wednesday he believes Middle East peace talks can be relaunched, a day after Israeli Prime Minister Benjamin Netanyahu said he was ready to resume direct talks with the Palestinians."I believe there is a chance and I think it is imperative we have not lost sight of that issue," Kerry said in an interview with MSNBC.Relations between the United States and its closest ally in the Middle East ...

Obama hails ties with Japan on VJ day WASHINGTON: US President Barack Obama used the 70th anniversary of the end World War II in the Pacific to honor the US war dead and herald remade ties with Japan Wednesday.Saluting "the Greatest Generation" of US soldiers who fought -- a group which included Obama's maternal grandfather -- Obama said today's US-Japan partnership was "unimaginable" 70 years ago."We remember those who endured unimaginable suffering as prisoners of war, and we honor the ultimate sacrifice of ...

PPP fully supports war against terror: Khurshid Shah ATTOCK: Opposition leader in the National Assembly Khurshid Shah Wednesday has said that PPP fully supports war against terror as his party is also victim of it.He said this during his visit to village Shadi Khan where he had come to condole the death of Late Shuja Khanzada Shaheed.He offered fateha for the departed soul and told Jahangir Khanzada (son of Shuja Khanzada Shaheed) that his father sacrificed for a noble cause and he will ...

Unity across the country is must to eradicate terrorism: JUI-F Chief ATTOCK: Chairman Kashmir Committee and JUI(F) Chief Maulana Fazalur Rehman on Wednesday said that unity in nation is a must to eradicate terrorism from the country.JUI is making all out efforts and extending all possible cooperation to make the country peaceful, he said this while talking to journalists at village Shadi Khan where he had come to condole the death of Shaheed Shuja Khanzada.He offered fateha for the departed soul and said to Jahangir Khanzada ...

31 terrorists killed in Khyber, North Wazirastan agencies RAWALPINDI: As many as 31 terrorists were killed and their hideouts destroyed in Khyber and North Wazirastan agencies on Wednesday.According to ISPR here, 14 terrorists were killed in area close to Pak-Afghan border in Khyber agency while 17 terrorists were killed in Shawal.Copyright APP (Associated Press of Pakistan), 2015


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln