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Archive - 2011-12-12
ISE-10 stays bearish
Markets

ISE-10 stays bearish

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend as the index was down by 13.79 point
Published 12 Dec, 2011 08:23pm
Gold plunges to Rs 48,428
Markets

Gold plunges to Rs 48,428

KARACHI: Gold plunged by Rs 772 to close at Rs 48,428 per 10 grams in the local market Monday, as its international pric
Published 12 Dec, 2011 04:44pm
ECC allows to import 0.2mn tones urea
Top News

ECC allows to import 0.2mn tones urea

ISLAMABAD : The Economic Coordination Committee (ECC) of the Cabinet here on Monday decided to allow import of 200,000
Published 12 Dec, 2011 03:30pm
Poland to extend retirement age
Top News

Poland to extend retirement age

WARSAW : The Polish government wants to raise the retirement age for uniformed services personnel and increase their min
Published 12 Dec, 2011 03:13pm
World economy is slowing down OECD
Top News

World economy is slowing down OECD

PARIS: Leading indicators all point to a slowdown in the world's major developed economies, the OECD said on Monday. Th
Published 12 Dec, 2011 03:11pm
LSE witnesses bullish trend
Markets

LSE witnesses bullish trend

LAHORE: Bullish trend prevailed in the Lahore Stock Exchange (LSE) on the opening day (Monday) of this week, as it gaine
Published 12 Dec, 2011 02:52pm
PAC held meeting on audit report: KP
Top News

PAC held meeting on audit report: KP

PESHAWAR: The meeting of Khyber Pakthunkhwa Public Accounts Committee (PAC) on Communication and Works (C&W) here on Mon
Published 12 Dec, 2011 01:51pm
New Delhi's 100th birthday
Asia

New Delhi's 100th birthday

NEW DELHI: The Indian capital of New Delhi marked its 100th birthday on Monday without any official celebrations of a da
Published 12 Dec, 2011 01:17pm
Egypt's Suez Canal Nov revenue $435.5mn
Top News

Egypt's Suez Canal Nov revenue $435.5mn

CAIRO: Revenue from Egypt's Suez Canal rose 5.5 percent on a year earlier to $435.5 million in November, but down 2.8 pe
Published 12 Dec, 2011 09:17am
Hong Kong stocks close flat
Financial

Hong Kong stocks close flat

HONG KONG: Hong Kong shares closed flat on Monday, giving up earlier gains amid lingering concerns over last week's Euro
Published 12 Dec, 2011 08:26am
China inflation may rebound in Dec, Jan
Top News

China inflation may rebound in Dec, Jan

BEIJING: China's annual inflation may rebound a touch over the next two months from November's 4.2 percent, an official
Published 12 Dec, 2011 05:48am
The Rupee: Mixed pattern
Markets

The Rupee: Mixed pattern

RECORDER REVIEW KARACHI : The rupee moved both ways on the currency market during the week ended on December 10, 20
Published 12 Dec, 2011 04:34am
PIFFA hails draft of new laws
Top News

PIFFA hails draft of new laws

KARACHI : Pakistan International Freight Forwarders Association (PIFFA) has welcomed the approval of the draft of Carr
Published 12 Dec, 2011 04:22am
Cereal production to rise
BR Research

Cereal production to rise

With global food prices in remission, consumers across the world must heave a sigh of relief. International prices of key food products have
Published 12 Dec, 2011 12:00am
Bomb blasts targeting football fans kill one in Nigeria

Bomb blasts targeting football fans kill one in Nigeria

Three bomb blasts, targeting bars as fans watched a Spanish football match on television, rocked the Nigerian city of Jos officials said Sunday, with one death and 10 injuries reported. The bombs were said to have been planted near outdoor bars - called "
Published 12 Dec, 2011 12:00am
Reopening of Pandora's Box

Reopening of Pandora's Box

The NFC awards have always been a matter of great contention in the country and there are early signs of a major conflict as the reconstituted National Finance Commission (NFC) is expected to hold its twice-postponed meeting on 16th December, 2011. Presid
Published 12 Dec, 2011 12:00am
Rise of political Islam

Rise of political Islam

Successive electoral victories of Islamic movements in a number of Arab countries seem to have triggered a kind of debate in the West about this "problem", malevolently described as the 'rise of political Islam'. Of course, this is the rise of political I
Published 12 Dec, 2011 12:00am
Why we must look towards the Danes!

Why we must look towards the Danes!

Pakistan and Denmark have one thing in common: a pending demand from the Indian government to extradite those of our nationals who have perpetrated acts of terror on Indian soil. The Mumbai attack implicating Pakistani nationals is well-known and well-pub
Published 12 Dec, 2011 12:00am
4,000 dead, but municipal elections go ahead in Syria

4,000 dead, but municipal elections go ahead in Syria

Tanks fire on cities and people are killed on a daily basis across Syria, but this will not stop municipal elections from being held in the country. At least that is the plan announced by President Bashar al-Assad, who is facing the most serious challenge
Published 12 Dec, 2011 12:00am
30 years on, martial law still stirs controversy in Poland

30 years on, martial law still stirs controversy in Poland

Three decades have passed since martial law was declared in Communist Poland, but the event still stirs emotions and deepens political rivalries, as the country looks towards its future in the European Union.
Published 12 Dec, 2011 12:00am
Diplomacy that matters

Diplomacy that matters

The policy that emanates from and reflects the true desires of the people and also echoes the high expectations of the common man is the policy that will have an inherent strength to make success in the corridors of the world power game. Anything short of
Published 12 Dec, 2011 12:00am
Inefficient rulers ruined country: chief minister Punjab

Inefficient rulers ruined country: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif said that Pakistan is passing through a difficult situation and it is facing economic problems and internal and external challenges. He said that we have to march forward united for bringing the country out of
Published 12 Dec, 2011 12:00am
Rana Sanaullah flays Awan for anti Nawaz remarks

Rana Sanaullah flays Awan for anti Nawaz remarks

Punjab Law Minister Rana Sanaullah while reacting to the telephonic address of Babar Awan to a rally in Dera Ismail Khan has said that Pakistan Muslim League-Nawaz (PML-N) is a representative party of the people of entire country. He said that the great l
Published 12 Dec, 2011 12:00am
Railways pays Rs 14.7 million as compensation to train accidents victims

Railways pays Rs 14.7 million as compensation to train accidents victims

Pakistan Railways has paid an amount of Rs 14.7 million as compensation to families of passengers who lost their lives in train accidents since January 2008 till date. As per data available here on Sunday, 19 persons were killed in train accidents during
Published 12 Dec, 2011 12:00am
Two boys die due to wall collapse

Two boys die due to wall collapse

Two boys were killed and another sustained injuries due to collapse of a wall of Mastung district. Police said on Sunday that three boys were playing near the wall when it suddenly collapsed at them. Resultantly, two of them succumbed to their injuries on
Published 12 Dec, 2011 12:00am
Soyem of journalist held

Soyem of journalist held

The 'Soyem' of Chief Reporter of APP Karachi, Rafi Nasir, was held at his residence here on Sunday afternoon. It was attended among others by the relatives, friends and journalists. Rafi Nasir had passed away due to brain haemorrhage here on Friday.
Published 12 Dec, 2011 12:00am
KESC explains legal notice to KCCI members

KESC explains legal notice to KCCI members

Last week, the Karachi Electric Supply Company (KESC) had taken a serious notice of the public maligning campaign against the power utility. And on December 8, KESC issued a legal notice to Mian Abrar and Siraj Kassam Teli, the current and former presiden
Published 12 Dec, 2011 12:00am
PTDC, Alpine Club organise mountain hike, sapling plantation

PTDC, Alpine Club organise mountain hike, sapling plantation

Pakistan Tourism Development Corporation (PTDC) in collaboration with Alpine Club of Pakistan on Sunday organised a mountain hike and sapling plantation campaign on the Trail-5 of Margalla Hills to celebrate International Mountain Day.
Published 12 Dec, 2011 12:00am
BISP Waseela-e-Haq scheme: 2,135 get financial assistance so far

BISP Waseela-e-Haq scheme: 2,135 get financial assistance so far

Around 2,135 beneficiaries have so far been provided financial assistance under Waseela-e-Haq scheme of Benazir Income Support Programme (BISP), launched to promote self-employment among women segment of the society. Cases for other 1,641 beneficiaries ar
Published 12 Dec, 2011 12:00am
A media icon

A media icon

It was not only a national but personal loss when M.A. Zuberi died on December 12 last year. He was 90. His wife, Sultana, had passed away just a month earlier before he joined her. Between them it seemed to be a break-up of a long, painstaking innings. M
Published 12 Dec, 2011 12:00am
The rich, powerful legacy

The rich, powerful legacy

Today is the first death anniversary of M A Zuberi. On this solemn occasion, we remember the founder-Editor of Business Recorder by presenting to our readers the views and sentiments of people who knew him very well. This edition includes some rare
Published 12 Dec, 2011 12:00am
He was very well-versed in economics

He was very well-versed in economics

My association with the late Mr Zuberi goes back to 1963, when I was working as Deputy Commissioner of Jhelum District. He came to see me and brought a letter from the late Shaikh Khurseed Ahmad Minister for Law in the Ayub Government, who happened to be
Published 12 Dec, 2011 12:00am
The man behind central bank's autonomy

The man behind central bank's autonomy

Mr M A. Zuberi will be missed and remembered for many reasons. Everybody who knew him was impressed by his contributions to economic journalism, his love for and dedication to Pakistan, and his care and compassion for his countrymen. His relentless and br
Published 12 Dec, 2011 12:00am
'This paper supports capitalism and democracy'

'This paper supports capitalism and democracy'

Ruth Dudley Edwards who wrote "The Pursuit of Reason" - the history of The Economist published on its 150th Anniversary in 1993 - was asked by a journalist for a one-sentence summary of its history. She says she should have said: "The Economist was founde
Published 12 Dec, 2011 12:00am
He looked beyond the horizon

He looked beyond the horizon

Quaid-e-Azam Mohammad Ali Jinnah inaugurated Dawn as a weekly newspaper, in Delhi. The newspaper was sponsored by a compatriot, Sir Abdullah Haroon, before Pakistan came into being. Mr M. A. Zuberi was one of the pre-eminent journalists at Dawn. After Ind
Published 12 Dec, 2011 12:00am
He was suave, urbane and polished

He was suave, urbane and polished

When I was transferred from Lahore to APP headquarters in Karachi in 1960, I was too young; rather a beginner and quite diffident, to claim any acquaintance with Mr Zuberi. He was then assistant editor of Dawn and editor of The Evening Star, which he had
Published 12 Dec, 2011 12:00am
A glimpse into his work ethic

A glimpse into his work ethic

To pen a eulogy for someone so close to me as late Muhammad Ahmed Zuberi, is not an easy job. I was finding it really difficult to describe his personality and my relationship with him in so many words. But for the record, I have tried to muster enough co
Published 12 Dec, 2011 12:00am
One of the last surviving professionals

One of the last surviving professionals

In August, 1947, there was a strong, nationalist spirit among Pakistanis at the time of the founding of the state. The Quaid-e-Azam's vision of Pakistan, and recent research has reaffirmed this, was of a country that would be democratic, liberal and gover
Published 12 Dec, 2011 12:00am
An enormous loss indeed

An enormous loss indeed

With the sad demise of Mr Muhammad Ahmed Zuberi, I know that his sons and daughters have lost not only a loving Father but a mentor and a wizard of financial and economic circle also. A person like me, who has benefited from him in 1980, also lost a great
Published 12 Dec, 2011 12:00am
I wish there were more M A Zuberies in Pakistan

I wish there were more M A Zuberies in Pakistan

M. A. Zuberi was a pioneer in economic journalism in Pakistan. At a time when economics was not very much in fashion in public discourse Mr Zuberi took the plunge and introduced Business Recorder - the first financial and economic daily of Pakistan
Published 12 Dec, 2011 12:00am
He lived a full life

He lived a full life

I met Mr Muhammad Ahmed Zuberi for the first time, when I was President of Karachi University Students Union and Chairman inter-collegiate body. He was a man of vision, great perception and devoted to his journalist career. A part from his professional ca
Published 12 Dec, 2011 12:00am
A media icon

A media icon

This obviously panicked a right-leaning Choudhry Sahib (who later intrigued his way to become prime minister and later formed Nizam-i-Islam Party) who had issued the instructions to delete the portion of Quaid's assertion in his speech - "You are free, yo
Published 12 Dec, 2011 12:00am
M A Zuberi as I knew him

M A Zuberi as I knew him

Mr Mohammad Ahmed Zuberi, veteran journalist, pioneering editor and truly devoted Pakistani loyal to the ideals of the Quaid-e-Azam Mohammad Ali Jinnah, founder of Pakistan, has left us for his eternal abode amidst great grief and sorrow specially among h
Published 12 Dec, 2011 12:00am
As I remember him

As I remember him

I first met M.A. Zuberi in the late 1960s at a seminar in Karachi. I complimented him on launching the daily Business Recorder and said Pakistan desperately needed a daily newspaper that is devoted exclusively to economic and commercial news and is
Published 12 Dec, 2011 12:00am
'Mr Jinnah'

'Mr Jinnah'

Icons are not made in a day. They take years and decades. Sometimes centuries. And not every icon in every field in every country is born every century. The late Mr M. A. Zuberi, and I call him late with great pain, as he was one such media icon gifted by
Published 12 Dec, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 07 to December 09 2011)

Published 12 Dec, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (December 11, 2011) and the forecast for Monday (December 12, 2011).

Published 12 Dec, 2011 12:00am
TTP spokesman denies peace talks

TTP spokesman denies peace talks

A Pakistani Taliban spokesman on Sunday denied an earlier announcement by the group's deputy chief that it was holding peace talks with the government. The conflicting claims are a clear sign of splits within the movement, which could make it even harder
Published 12 Dec, 2011 12:00am
TTP spokesman denies peace talks

TTP spokesman denies peace talks

A Pakistani Taliban spokesman on Sunday denied an earlier announcement by the group's deputy chief that it was holding peace talks with the government. The conflicting claims are a clear sign of splits within the movement, which could make it even harder
Published 12 Dec, 2011 12:00am
Talks only after surrendering arms: Malik

Talks only after surrendering arms: Malik

Interior Minister Rehman Malik on Sunday said that the government did not hold any negotiations with Tehrik-e-Taliban Pakistan (TTP). "The negotiations will be held with Taliban only when they surrender weapons," he said while taking to media after a meti
Published 12 Dec, 2011 12:00am
Talks only after surrendering arms: Malik

Talks only after surrendering arms: Malik

Interior Minister Rehman Malik on Sunday said that the government did not hold any negotiations with Tehrik-e-Taliban Pakistan (TTP). "The negotiations will be held with Taliban only when they surrender weapons," he said while taking to media after a meti
Published 12 Dec, 2011 12:00am
THE RUPEE: mixed pattern

THE RUPEE: mixed pattern

The rupee moved both ways on the currency market during the week ended on December 10, 2011, shortened due to Muharram holidays. In interbank dealings, the rupee shed 10 paisa in relation to dollar for buying and selling at 89.05 and 89.10.
Published 12 Dec, 2011 12:00am
THE RUPEE: mixed pattern

THE RUPEE: mixed pattern

The rupee moved both ways on the currency market during the week ended on December 10, 2011, shortened due to Muharram holidays. In interbank dealings, the rupee shed 10 paisa in relation to dollar for buying and selling at 89.05 and 89.10.
Published 12 Dec, 2011 12:00am
Prime Minister links Zardari's return to medical advice

Prime Minister links Zardari's return to medical advice

Prime Minister Syed Yousuf Raza Gilani on Sunday said that President Asif Ali Zardari will return to Pakistan on the advice of doctors. In an interview to BBC Urdu service here, he said the United States has vacated the Shamsi air base within the time lim
Published 12 Dec, 2011 12:00am
Prime Minister links Zardari's return to medical advice

Prime Minister links Zardari's return to medical advice

Prime Minister Syed Yousuf Raza Gilani on Sunday said that President Asif Ali Zardari will return to Pakistan on the advice of doctors. In an interview to BBC Urdu service here, he said the United States has vacated the Shamsi air base within the time lim
Published 12 Dec, 2011 12:00am
Army takes full control of Shamsi airbase

Army takes full control of Shamsi airbase

Pakistan security forces on Sunday took full control of the Shamsi Airbase after US military personnel vacated the facility, in line with the demand from the Pakistan government. The government had given December 1, 2011, deadline to US administration to
Published 12 Dec, 2011 12:00am
Army takes full control of Shamsi airbase

Army takes full control of Shamsi airbase

Pakistan security forces on Sunday took full control of the Shamsi Airbase after US military personnel vacated the facility, in line with the demand from the Pakistan government. The government had given December 1, 2011, deadline to US administration to
Published 12 Dec, 2011 12:00am
BBC welcomes Gilani pledge to look into ban

BBC welcomes Gilani pledge to look into ban

The BBC said Friday it welcomed a promise by prime minister Yousuf Raza Gilani to investigate the blocking of the BBC World News channel in the country after it showed a documentary about the Taliban. Cable operators pulled the channel nationwide on Novem
Published 12 Dec, 2011 12:00am
BBC welcomes Gilani pledge to look into ban

BBC welcomes Gilani pledge to look into ban

The BBC said Friday it welcomed a promise by prime minister Yousuf Raza Gilani to investigate the blocking of the BBC World News channel in the country after it showed a documentary about the Taliban. Cable operators pulled the channel nationwide on Novem
Published 12 Dec, 2011 12:00am
SNGPL to supply gas to industries for 4 days

SNGPL to supply gas to industries for 4 days

The Sui Northern Gas Pipelines (SNGPL) has agreed to supply gas to industries for four days and curtail the weekly load shedding for three days to mitigate the woes of the industrial sector, Dr Ikhtiar Baig, Advisor to Prime Minister on textiles, told
Published 12 Dec, 2011 12:00am
SNGPL to supply gas to industries for 4 days

SNGPL to supply gas to industries for 4 days

The Sui Northern Gas Pipelines (SNGPL) has agreed to supply gas to industries for four days and curtail the weekly load shedding for three days to mitigate the woes of the industrial sector, Dr Ikhtiar Baig, Advisor to Prime Minister on textiles, told
Published 12 Dec, 2011 12:00am
China's Hu vows to tackle trade imbalances

China's Hu vows to tackle trade imbalances

Chinese President Hu Jintao pledged Sunday to resolve trade imbalances with nations that have huge deficits with the Asian powerhouse, as China marked the tenth anniversary of its accession to the WTO. In a speech in Beijing, Hu said China was not intenti
Published 12 Dec, 2011 12:00am
China's Hu vows to tackle trade imbalances

China's Hu vows to tackle trade imbalances

Chinese President Hu Jintao pledged Sunday to resolve trade imbalances with nations that have huge deficits with the Asian powerhouse, as China marked the tenth anniversary of its accession to the WTO. In a speech in Beijing, Hu said China was not intenti
Published 12 Dec, 2011 12:00am
China''s Hu vows to tackle trade imbalances

China''s Hu vows to tackle trade imbalances

Chinese President Hu Jintao pledged Sunday to resolve trade imbalances with nations that have huge deficits with the Asian powerhouse, as China marked the tenth anniversary of its accession to the WTO. In a speech in Beijing, Hu said China was not intenti
Published 12 Dec, 2011 12:00am
M A Zuberi's first death anniversary today

M A Zuberi's first death anniversary today

Today is the first death anniversary of founder-Editor of Business Recorder M A Zuberi. His prose was elegant and lively. Hundreds of editorials that he wrote in his career spanning over six decades clearly showed that he was always perceptive, sen
Published 12 Dec, 2011 12:00am
M A Zuberi's first death anniversary today

M A Zuberi's first death anniversary today

Today is the first death anniversary of founder-Editor of Business Recorder M A Zuberi. His prose was elegant and lively. Hundreds of editorials that he wrote in his career spanning over six decades clearly showed that he was always perceptive, sen
Published 12 Dec, 2011 12:00am
New climate deal struck

New climate deal struck

Countries from around the globe agreed on Sunday to forge a new deal forcing all the biggest polluters for the first time to limit greenhouse gas emissions, but critics said the plan was too timid to slow global warming.
Published 12 Dec, 2011 12:00am
New climate deal struck

New climate deal struck

Countries from around the globe agreed on Sunday to forge a new deal forcing all the biggest polluters for the first time to limit greenhouse gas emissions, but critics said the plan was too timid to slow global warming.
Published 12 Dec, 2011 12:00am
Major battle in Syria; shops shut by strike

Major battle in Syria; shops shut by strike

Army defectors fought government troops on Sunday in one of the biggest battles of Syria's nine-month uprising, and a strike shut businesses in a new gesture of civil disobedience, residents and activists said. Troops mainly from the 12th Armoured Brigade
Published 12 Dec, 2011 12:00am
Major battle in Syria; shops shut by strike

Major battle in Syria; shops shut by strike

Army defectors fought government troops on Sunday in one of the biggest battles of Syria's nine-month uprising, and a strike shut businesses in a new gesture of civil disobedience, residents and activists said. Troops mainly from the 12th Armoured Brigade
Published 12 Dec, 2011 12:00am
Medvedev orders Russia's poll inquiry

Medvedev orders Russia's poll inquiry

President Dmitry Medvedev ordered an investigation on Sunday into allegations of fraud in Russia's parliamentary election, one day after tens of thousands of protesters demanded it be annulled and rerun. Medvedev responded on his Facebook site to the prot
Published 12 Dec, 2011 12:00am
Medvedev orders Russia's poll inquiry

Medvedev orders Russia's poll inquiry

President Dmitry Medvedev ordered an investigation on Sunday into allegations of fraud in Russia's parliamentary election, one day after tens of thousands of protesters demanded it be annulled and rerun. Medvedev responded on his Facebook site to the prot
Published 12 Dec, 2011 12:00am
Index manages to gain 92 points

Index manages to gain 92 points

Despite selling by foreign investors, the KSE-100 index managed to close in positive at 11,464.61 points, up 92.40 points, on the back of local investors' support, during the week ended on December 10, 2011, shortened to three days due to public holidays
Published 12 Dec, 2011 12:00am
Index manages to gain 92 points

Index manages to gain 92 points

Despite selling by foreign investors, the KSE-100 index managed to close in positive at 11,464.61 points, up 92.40 points, on the back of local investors' support, during the week ended on December 10, 2011, shortened to three days due to public holidays
Published 12 Dec, 2011 12:00am
Index manages to gain 92 points

Index manages to gain 92 points

Despite selling by foreign investors, the KSE-100 index managed to close in positive at 11,464.61 points, up 92.40 points, on the back of local investors'' support, during the week ended on December 10, 2011, shortened to three days due to public holidays
Published 12 Dec, 2011 12:00am
Futures open interest up by 0.3 percent

Futures open interest up by 0.3 percent

Total open interest position at the futures counter during the week ended on December 10, 2011 increased by Rs 3.5 million, up 0.3 percent, on week-on-week basis, to Rs 1.1 billion. The future spreads, on the other hand, declined by 9.2pps to 2.6 percent.
Published 12 Dec, 2011 12:00am
Futures open interest up by 0.3 percent

Futures open interest up by 0.3 percent

Total open interest position at the futures counter during the week ended on December 10, 2011 increased by Rs 3.5 million, up 0.3 percent, on week-on-week basis, to Rs 1.1 billion. The future spreads, on the other hand, declined by 9.2pps to 2.6 percent.
Published 12 Dec, 2011 12:00am
Futures open interest up by 0.3 percent

Futures open interest up by 0.3 percent

Total open interest position at the futures counter during the week ended on December 10, 2011 increased by Rs 3.5 million, up 0.3 percent, on week-on-week basis, to Rs 1.1 billion. The future spreads, on the other hand, declined by 9.2pps to 2.6 percent.
Published 12 Dec, 2011 12:00am
Futures open interest up by 0.3 percent

Futures open interest up by 0.3 percent

Total open interest position at the futures counter during the week ended on December 10, 2011 increased by Rs 3.5 million, up 0.3 percent, on week-on-week basis, to Rs 1.1 billion. The future spreads, on the other hand, declined by 9.2pps to 2.6 percent.
Published 12 Dec, 2011 12:00am
Iran says EU will not impose oil sanctions

Iran says EU will not impose oil sanctions

The European Union "definitely" will not impose sanctions on OPEC member Iran's oil exports because such a measure would harm the global crude market, Iranian Oil Minister Rostam Qasemi said on Sunday. EU leaders called on Friday for more sanctions agains
Published 12 Dec, 2011 12:00am
Iran says EU will not impose oil sanctions

Iran says EU will not impose oil sanctions

The European Union "definitely" will not impose sanctions on OPEC member Iran's oil exports because such a measure would harm the global crude market, Iranian Oil Minister Rostam Qasemi said on Sunday. EU leaders called on Friday for more sanctions agains
Published 12 Dec, 2011 12:00am
Iran says EU will not impose oil sanctions

Iran says EU will not impose oil sanctions

The European Union "definitely" will not impose sanctions on OPEC member Iran''s oil exports because such a measure would harm the global crude market, Iranian Oil Minister Rostam Qasemi said on Sunday. EU leaders called on Friday for more sanctions again
Published 12 Dec, 2011 12:00am
Britain's Clegg warns of isolation from EU

Britain's Clegg warns of isolation from EU

British Deputy Prime Minister Nick Clegg opened up tensions in the coalition government Sunday, warning that the country risks becoming an international "pygmy" after vetoing a new European Union treaty. The leader of the pro-Europe Liberal Democrats spok
Published 12 Dec, 2011 12:00am
Britain's Clegg warns of isolation from EU

Britain's Clegg warns of isolation from EU

British Deputy Prime Minister Nick Clegg opened up tensions in the coalition government Sunday, warning that the country risks becoming an international "pygmy" after vetoing a new European Union treaty. The leader of the pro-Europe Liberal Democrats spok
Published 12 Dec, 2011 12:00am
Europe will not disintegrate: German poll survey

Europe will not disintegrate: German poll survey

Most Germans believe the European Union will remain intact despite Britain's veto of a new European Union treaty aimed at rescuing the euro, a poll survey published Sunday showed. Sixty percent of respondents voiced confidence that the EU isn't about to d
Published 12 Dec, 2011 12:00am
Europe will not disintegrate: German poll survey

Europe will not disintegrate: German poll survey

Most Germans believe the European Union will remain intact despite Britain's veto of a new European Union treaty aimed at rescuing the euro, a poll survey published Sunday showed. Sixty percent of respondents voiced confidence that the EU isn't about to d
Published 12 Dec, 2011 12:00am
Noriega en route to prison in Panama after 22 years

Noriega en route to prison in Panama after 22 years

Former Panama strongman Manuel Noriega flew out of France on Sunday, headed home to serve more prison time two decades after being ousted in a bloody US invasion. An Iberia plane carrying the former dictator took off from a Paris airport shortly after 080
Published 12 Dec, 2011 12:00am
Noriega en route to prison in Panama after 22 years

Noriega en route to prison in Panama after 22 years

Former Panama strongman Manuel Noriega flew out of France on Sunday, headed home to serve more prison time two decades after being ousted in a bloody US invasion. An Iberia plane carrying the former dictator took off from a Paris airport shortly after 080
Published 12 Dec, 2011 12:00am
Anna Hazare resumes fast

Anna Hazare resumes fast

A popular anti-corruption crusader held a day-long fast in the Indian capital on Sunday, urging supporters to court arrest and "fill up prisons" nationwide if the beleaguered government failed to enact a tougher law to fight graft. The spectre of renewed
Published 12 Dec, 2011 12:00am
Anna Hazare resumes fast

Anna Hazare resumes fast

A popular anti-corruption crusader held a day-long fast in the Indian capital on Sunday, urging supporters to court arrest and "fill up prisons" nationwide if the beleaguered government failed to enact a tougher law to fight graft. The spectre of renewed
Published 12 Dec, 2011 12:00am
Policeman killed in attack on IHK minister

Policeman killed in attack on IHK minister

A policeman was killed and a civilian injured on Sunday when suspected militants opened fire in occupied Kashmir, police said, adding the region's senior minister escaped unhurt in the attack. "It seems Ali Mohammed Sagar was the target but he escaped unh
Published 12 Dec, 2011 12:00am
Policeman killed in attack on IHK minister

Policeman killed in attack on IHK minister

A policeman was killed and a civilian injured on Sunday when suspected militants opened fire in occupied Kashmir, police said, adding the region's senior minister escaped unhurt in the attack. "It seems Ali Mohammed Sagar was the target but he escaped unh
Published 12 Dec, 2011 12:00am
Foreigners fuelling corruption in Afghanistan: Karzai

Foreigners fuelling corruption in Afghanistan: Karzai

Foreigners are fuelling the problem of corruption in Afghanistan, a country already ranked as one of the most corrupt in the world, Afghan President Hamid Karzai said on Sunday. At a major international conference in Germany on the future of Afghanistan l
Published 12 Dec, 2011 12:00am
Foreigners fuelling corruption in Afghanistan: Karzai

Foreigners fuelling corruption in Afghanistan: Karzai

Foreigners are fuelling the problem of corruption in Afghanistan, a country already ranked as one of the most corrupt in the world, Afghan President Hamid Karzai said on Sunday. At a major international conference in Germany on the future of Afghanistan l
Published 12 Dec, 2011 12:00am
'Stringent measures adopted to control grey trafficking'

'Stringent measures adopted to control grey trafficking'

Pakistan Telecommunication Authority has identified more than 150 illegal operators and set up, and carried out 45 joint raids with Federal Investigation Agency (FIA) as part of its campaign to combat grey trafficking across the country.
Published 12 Dec, 2011 12:00am
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