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Iran nuclear deal will 'fuel terrorism': Netanyahu FLORENCE: The deal to curb Iran's nuclear programme will bolster Tehran's ability to fund global terrorism by providing the Islamic state with "billions of dollars" in sanctions relief, Israeli Prime Minister Benjamin Netanyahu declared Saturday."Iran will get hundreds of billions of dollars from sanctions relief and investments to fuel its aggression and terrorism in the Middle East and North Africa and beyond," Netanyahu -- who is bitterly opposed to the deal agreed by Iran and world powers in July -- said during a visit to the Italian city of Florence.The Israeli leader is on a tour of Italy -- his first major overseas visit since being re-elected in June.Speaking ahead of a meeting Saturday evening with his Italian counterpart Matteo Renzi he compared the threat posed by the Islamic State jihadist group with the "far more serious threat...posed by another Islamic state, the Islamic state of Iran and specifically its ...

Iran's Rouhani urges patience over opposition leaders TEHRAN: Iran's President Hassan Rouhani signalled Saturday there would be no quick resolution to the house arrest of the reformist political leaders who said an election was rigged in 2009.Though not mentioned by name, the house arrest of Mir Hossein Mousavi and Mehdi Karroubi was raised at a press conference to mark the start of Rouhani's third year in office.Mousavi and Karroubi have been under such restrictions since 2011. Both said that the presidential election ...
China premier insists economy 'within appropriate range' BEIJING: Chinese Premier Li Keqiang has issued assurances over his country's economy after global markets were roiled by concerns over its slowing growth, state media reported on Saturday.Top global markets ended the week Friday largely recovered from China-induced panic selling, but market watchers remain worried the turmoil in the world's number two economy will drag down global growth.However, a report by the official news agency Xinhua quoted Li as saying "the Chinese economy is operating ...
Imran opted to flee from elections by nominating another candidate: Rashid ISLAMABAD: Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Saturday said Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan has opted to flee from the elections while nominating another candidate to contest the by-elections.In a statement he said, Imran Khan has become frustrated after the announcement of by-elections in the two constituencies.Imran Khan has fled from the arena after giving a challenge to Prime Minister Mohammad Nawaz Sharif for contesting elections against him from ...
BISP, Akhuwat ink MoU for poverty eradication LAHORE: The Benazir Income Support Programme (BISP) connects with specialists organizations for a common cause, positions it-self for adoption of sophisticated technology. BISP Chairperson/Minister of State MNA Marvi Memon and Dr Amjad Saqib, Chairman Akhuwat, inked a Memorandum of Understanding at Lahore laying the basis for working together for poverty eradication through micro-finance. The understanding was solemnized in a dignified yet simple event at the historical Mian Mir Mosque in the presence of more than ...
Bulleh Shah's philosophy weeds out social evils: Rabbani LAHORE: Senate Chairman Mian Raza Rabbani on Saturday said philosophy of Baba Bulleh Shah provided the best foundation for national integration to weed out frustration, fanaticism, sectarianism and sentiments of hatred from society.Addressing the 25th Bulleh Shah Conference on the 258th Urs of Baba Bulleh Shah in Kasur, he said: "An unknown civilization was imposed on our society which did not have link with our culture, history and ideology.He added that: "We can make progress ...


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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