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Greek election to raise European economic uncertainty: UK's Cameron LONDON: British Prime Minister David Cameron warned on Sunday that the Greek election would raise economic uncertainty across Europe, saying it meant his country had to stick to his plan for Britain's own economy. "The Greek election will increase economic uncertainty across Europe. That's why the UK must stick to our plan, delivering security at home," Cameron said on his official Twitter feed. Cameron made his comments after Greece's left-wing Syriza appeared on course to trounce the ruling conservatives in Sunday's snap election, setting up a possible confrontation with international creditors. Copyright Reuters, 2015 ...

Euro tumbles on Greek vote results, approaches 11-year low WELLINGTON: The euro weakened on Monday, approaching an 11-year low versus the US dollar after projections showed Greece's Syriza party had won a snap election, raising the risk that the country may demand a debt write-off and end austerity measures. The single currency fell more than half a cent to around $1.1140 in early Australasian trade after official projections showed the leftist party poised to take 149-151 seats in the country's 300-seat parliament. The euro ...
Obama defends US counter-terrorism strategy in Yemen NEW DELHI: President Barack Obama on Sunday defended his administration's drone-based counter-terrorism strategy against al Qaeda militants in Yemen, saying the alternative would be to deploy US troops, which was not sustainable. "It is not neat and it is not simple, but it is the best option that we have," Obama told reporters at a news conference in New Delhi. Four months ago, Obama hailed Yemen as a model for "successful" partnerships in the fight ...
PML-N to end deprivation sense of Balochis: Jamali ISLAMABAD: Speaker Balochistan Assembly Mir Jan Muhammad Jamali has said the Federal government was serious in ending sense of deprivation of people in Balochistan.Talking to APP, he said, "Prime Minister Nawaz Sharif was serious from day one to end Baloch people's sense of deprivation."The Pakistan Muslim League(N) despite having a majority let the National Party form its government in Balochistan, he added.He said the Gwadar Port would bring investment to the province. The provincial government, ...
Greece votes with Europe austerity on the line ATHENS: Greece voted Sunday in a crucial general election that could bring the radical Syriza party to power and present the strongest challenge yet to austerity policies for struggling European Union nations. In an election closely watched by the rest of the continent, Syriza -- which wants to renegotiate Greece's 240-billion-euro ($269 billion) bailout deal -- leads the conservative New Democracy party of Prime Minister Antonis Samaras by around four points, according to the latest ...
Bahria university holds 11th Convocation KARACHI: The 11th Convocation Ceremony of Bahria University Karachi Campus and 6th Convocation Ceremony of Pakistan Navy School of Logistics were held at Bahria University Campus here on Sunday.Students were also honoured with Gold and Silver medals for their outstanding achievements in their academic career at the convocation.Chief of the Naval Staff Admiral Muhammad Zakaullah conferred degrees on the graduating students of Ph.D, Masters and Undergraduate programmes.In total 889 students were graduated including 27 students ...


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Arrow DAX 10,649.58 2.05
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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln