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IAEA says needs more money to monitor extended Iran nuclear deal VIENNA: The UN atomic agency will need more funds from member states to help pay for its monitoring of an extended interim nuclear deal between Iran and six world powers, it said on Wednesday. Iran and the United States, France, Germany, Britain, China, and Russia failed to meet a Nov. 24 deadline for resolving a 12-year dispute over Iran's nuclear programme and gave themselves until the end of June for further negotiations. As a result, a preliminary agreement reached late last year - under which Iran halted its most sensitive nuclear activity in exchange for limited sanctions easing - will remain in force. The International Atomic Energy Agency (IAEA) has seen its workload increase significantly under that accord, initially due to run for six months from January but first extended in July and again this week. For example, IAEA inspectors now visit Iran's uranium enrichment facilities of Natanz and Fordow ...

EU parliament to debate Google break-up call STRASBOURG: The European Parliament was debating Wednesday whether to call for the break-up of Internet giant Google in a symbolic resolution that has nevertheless worried the United States.MEPs assembled in Strasbourg were set to debate a resolution calling on the EU to order search engines to separate commercial services from their businesses to ensure a level playing field.While Google is not directly mentioned in the proposal, the California-based search engine is clearly the target. A ...
Putin hosts Syria foreign minister MOSCOW: President Vladimir Putin on Wednesday hosted Syrian Foreign Minister Walid Muallem in his first meeting with a top envoy from Damascus since Syria plunged into civil war more than three years ago.The Kremlin said Putin met Muallem in his Black Sea retreat of Sochi, but provided no other details."The meeting was devoted to Russian-Syrian relations," the Kremlin said in a two-sentence statement.Images distributed by Putin's office showed Muallem also meeting his Russian counterpart Sergei ...
Imran Khan appears before election tribunal LAHORE: Pakistan Tehreek-i-Insaf chairman Imran Khan here on Wednesday appeared before the election tribunal headed by Kazim Ali Malik.Imran Khan requested the tribunal to decide election petition challenging results of PP-147 as early as possible.He said the decision of PP-147 should not be linked with election petition against NA-122 results.At this, the judge observed that both petitions would be decided together.However, Imran pointed out that NA-122 case was delayed due to a stay order besides ...
Anusha, British HC discuss cooperation in IT sector ISLAMABAD: British High Commissioner to Pakistan Philip Barton called on Minister of State for Information Technology Anusha Rehman in her office on Wednesday and discussed areas of mutual interest and cooperation between the two countries, especially in the information and telecom sector.The High Commissioner apprised the Minister that the UK appreciates the vision and efforts of Pakistan for the development of information and communication technology sector and expressed willingness to cooperate and collaborate in areas ...
Steps being taken to resolve problems of people: Abid Sheer FAISALABAD: State Minister for Water and Power Chaudhary Abid Sher Ali has said the PML-N is committed to resolve problems of the people and all possible steps are being taken.Speaking at an open court in Mohallah Sangla Hill Samanabad here on Wednesday, he said the PML-N leadership had given assignments to all its ministers and members national and provincial assemblies to identify problems so that all available resources could be utilized to resolve them.The minister ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln