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EU, Ukraine plot next move in gas war with Russia KIEV: Crisis-hit Ukraine and the European Union will try on Thursday to forge a joint stance at crunch talks with Russia in the latest gas war with its westward-leaning neighbour.The meeting of Ukraine and EU energy officials in Brussels became even more critical after EU member Slovakia reported a 50-percent drop in Russian supplies following its decision to divert imports to Ukraine to help ease its spreading fuel shortage.Europe's top energy envoy will then try on Friday to convince both the Kiev and Moscow gas chiefs, during talks in Berlin, to strike a compromise before winter forces Ukraine to consider tapping into the Russian gas bound for Europe.Russia cut its deliveries to Ukraine in mid-June after a pro-Western government took power, saying that Kiev had not been paying its bills on time.Since then pro-Russia rebels have waged an ongoing separatist struggle in eastern Ukraine.An acrimonious first round of talks in ...

International Day of senior citizens observed ISLAMABAD: The United Nations' (UN) International Day of Older Persons observed on October 1st to recognize the contributions of older persons and to examine issues that affect their lives.International Day of Older Persons is a special day for older persons or senior citizens all over the world. In many countries, politicians make speeches, particularly those responsible for government departments that focus on senior citizens, at this time of the year.The theme of the 2014 commemoration ...
Brazil's Rousseff widens lead ahead of Sunday election BRASILIA: President Dilma Rousseff has solidified her lead over environmentalist Marina Silva ahead of Brazil's presidential election and would win an expected runoff by 8 percentage points, a new poll said on Tuesday.The Datafolha survey showed Rousseff has 49 percent voter support compared with 41 percent for Silva in a simulation of a second-round vote, doubling the 4 percentage-point lead she had in the previous poll released on Friday.Brazilians go to the polls on Sunday, ...
Bilawal to walk with PPP workers, not to sit in container: Qaim KARACHI: Sindh Chief Minister Syed Qaim Ali Shah Tuesday said that PPP Chairman Bilawal Bhutto Zardari will walk with PPP workers and supporters on October 18 and not to sit in container. Briefing to journalists after a meeting of PPP Sindh Council at CM House, Qaim said that the workers in the meeting would participate in large number in public gathering at Mazar-e-Quaid. CM said that when BB returned to home ending her self-exile a ...
Modi arrives at White House WASHINGTON: Indian Prime Minister Narendra Modi arrived at the White House on Tuesday for his first formal talks with President Barack Obama.Modi approached the West Wing of the presidential complex in a black sports utility vehicle before the Oval Office meeting, after driving through a color guard of US troops and Marines in ceremonial dress.Modi launched his Washington visit late on Monday at a private dinner hosted by Obama and Vice President Joe Biden in ...
Microsoft to tap $2-trillion Indian cloud market NEW DELHI: Microsoft announced plans Tuesday to offer its commercial cloud services from Indian data centres as it seeks to tap what it calls a $2-trillion market in the country where Internet use is growing rapidly.The move is part of the US tech giant's strategy to prepare for a world in which all data is stored online in locked accounts as it attempts to keep its market edge, with desktop use declining.Microsoft chief executive Satya ...


Index Closing Chg%
Arrow DJIA 16,804.71 1.40
Arrow Nasdaq 4,422.09 1.59
Arrow S&P 1,946.16 1.32
Arrow FTSE 6,557.52 0.98
Arrow DAX 9,382.03 0.97
Arrow CAC-40 4,365.27 1.15
Arrow Nikkei 16,082.25 0.56
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,567.99 0.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln