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Prime suspect arrested in Edhi centre robbery case Prime suspect involved in the robbery of Edhi centre Kharadar has been arrested. According to local media reports, the main accused in the Edhi Centre robbery has been arrested in Korangi. Police arrested a man named Mazhar who allegedly planned the robbery in its entirety. He was from the Zaman Town area in Korangi.Earlier this week, police had identified a man after which they collected statements and cellphone details of around two dozen men and women serving and former staff members of the foundation, media reported. The looted money comprised Rs20 million in local and foreign currencies whereas other valuable items, including four Kg gold, worth Rs30 million were said to be donated by people to the trust for sake of public welfare.Reportedly, the police will now interrogate the prime suspect and determine the location of other five culprits involved in the robbery. Copyright Business Recorder, 2014 ...

Growing supply pushes December prices sharply lower MILAN: Asian spot liquefied natural gas (LNG) prices dropped this week as scarce demand, rising supplies and continuing weak crude oil markets put off hopes of a winter rally. Prices slipped around 80 cents to $13.60 per million British thermal units (mmBtu) for December delivery, compared with last week, as a limited pool of buyers encountered rising supply. Weak crude oil prices around $85 a barrel threaten to drain liquidity from spot LNG markets in ...
Ebola: timeline of a ruthless killer CONAKRY: From Guinea's forests to Sierra Leone's capital, here are key dates in the current Ebola epidemic, which since it emerged late last year has spread beyond its west African hotspots.According to the latest toll given by the World Health Organization (WHO), the worst ever outbreak of the haemorrhagic fever has left 4,877 dead out of 9,936 cases registered.Three countries have borne the brunt, with Guinea seeing 904 deaths, 2,705 deaths in Liberia, and Sierra ...
UN chief to visit Horn of Africa UNITED NATIONS: UN chief Ban Ki-moon will travel to Ethiopia, Djibouti and Kenya next week, leading a delegation from six other international organizations to the volatile Horn of Africa region.The secretary-general will be joined by World Bank president Jim Yong Kim and by officials from the African Union, the European Union, the Intergovernmental Authority on Development (IGAD), the African Development Bank and the Islamic Development Bank, a UN statement said Friday.While in Nairobi, Ban will ...
Russia still has troops in Ukraine, NATO says MONS: Russia still has troops in eastern Ukraine and retains a very capable force on the border despite a partial withdrawal, NATO's military commander said on Friday. "We've seen a pretty good withdrawal of the Russian forces from inside Ukraine but, make no mistake, there remain Russian forces inside eastern Ukraine," US Air Force General Philip Breedlove told reporters at NATO's military headquarters near Mons in Belgium. Some Russian troops stationed near the Ukraine border ...
Ericsson flags North America slowdown STOCKHOLM: Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks. A build-out of the newest 4G/LTE networks by operators in North America, where Ericsson makes about a quarter of its sales and Chinese rival Huawei is effectively barred from doing business, has supported the Swedish firm at a time of stagnation in much of Europe. ...


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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
WeeklyOctober 23, 2014
Reserves $13.465 bln