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Country to enter election mode in 2018: PM ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Saturday said that his government would give a better and prospering Pakistan when they would enter into the election mode in year 2018."2018 will be the year for the citizens of Pakistan to judge every party on the basis of its performance. They will have the chance to vote in or vote out any party," he said in a statement issued here.He said all the political forces had stakes in the democratic system.We all knew that loyalty to the constitution was imperative for us and it was no more the matter of choice, he remarked.The Prime Minister said no system was perfect but constitution and parliamentary democracy were the only tools to remove the imperfections in the existing system. Copyright APP (Associated Press of Pakistan), 2014 ...

US-led strikes have killed 910 people in Syria: monitor BEIRUT: Air strikes by US-led forces in Syria have killed 910 people, including 52 civilians, since the start of the campaign against Islamic State and other fighters two months ago, a group monitoring the conflict said on Saturday.The majority of the deaths, 785, were Islamic State fighters according to the Britain-based Syrian Observatory for Human Rights. Islamic State, a hard-line offshoot of al Qaeda, has seized land in Syria and neighbouring Iraq, where it has ...
Kerry says ‘big gaps’ remain in Iran nuclear talks VIENNA: US Secretary of State John Kerry said on Saturday there were still serious gaps in talks over Iran's nuclear programme despite signs of some progress two days before a deadline to reach a deal between Tehran and major powers."We're working hard," Kerry said ahead of a meeting with German Foreign Minister Frank-Walter Steinmeier. "We hope we're making careful progress, but we have big gaps, we still have some serious gaps, which we're working to ...
Obama urges critics to 'pass a bill' on immigration LAS VEGAS: Obama urged Congress to pass comprehensive immigration reform as he used his weekly address Saturday to again defend his unilateral action shielding millions of undocumented immigrants from deportation."I still believe that the best way to solve this problem is by working together -- both parties -- to pass that kind of bipartisan law," Obama said in his weekly radio and television address, referring to a wide-ranging overhaul that had passed the Senate but ...
Berlin says 550 Germans joined jihadist cause in Syria, Iraq FRANKFURT: Hundreds of Germans have left their home country to fight alongside jihadists in Syria and Iraq, Interior Minister Thomas de Maiziere said."We estimate 550. Just a few days ago we had 450," the minister told German television channel Phoenix on Friday."These young people... were radicalised in Germany, within this society. That's why prevention must be accompanied by repression," he added.Most of those who have joined the Islamic State organisation's jihadist cause are men, although ...
Biden, in Turkey, calls concentration of powers 'corrosive' ISTANBUL: US Vice President Joe Biden on Saturday warned that a concentration of powers under a head of state was "corrosive", as he visited Turkey which has been accused of increasing authoritarian tendencies.Biden will meet later in the day with President Recep Tayyip Erdogan, who in August won Turkey's presidential elections after over a decade in power as prime minister.Critics have accused Erdogan of seeking to centralise powers in a powerful presidency, which until he ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln