International Defence Exhibition opens in Pakistan amid tight security

Pakistan Prime Minister Syed Yousuf Raza Gilani on Monday inaugurated the Fifth International Defence Exhibition and Seminar (IDEAS 2008) in the port city of Karachi."Prime Minister Syed Yousuf Raza Gilani has inaugurated the 5th International Defence Exhibition and Seminar...

A new face of poverty in Pakistan

The hunger and poverty is assuming alarming proportions in Pakistan. So far there were reports about suicides because of unemployment and poverty but a new phenomenon has emerged last week. Now the poor who cannot feed their children are leaving their children at charity...

Pakistani bank deprived of over Rs6m in daylight robbery

The robbers in Pakistan's commercial capital, Karachi, have learnt the art of dodging the electronic surveillance gadgets as in a robbery at a local bank on Saturday, six armed persons not only decamped with over Rs6 million cash but also took the secret camera installed in...

Calvin Klein Hangs on Shanghai Roadside

Did I not notice this on my previous visit to Shanghai last year, or is it a new phenomena? There is washing strung across major roadsides, in front of nice parks (which are rare to find in this city of concrete...

GEO’s channels blocked in Sindh

"KARACHI: Geo Network’s transmission has been stopped on cable in a number of cities across Sindh including Karachi.Cable operators blocked the transmission of Geo Network in a number of areas across the city Monday morning, without assigning any reason for the stoppage....

Pakistan seeking at least $7.6 bln IMF loan

Pakistan's financial condition is in bad shape, it is asking for IMF loan to handle its balance of apyment crisis.World economy is alrady in tatters, and the demand for pakistani goods in international market is...

Armed men loot bank, escape with Rs4 mn

"Updated at: 1225 PST, Friday, November 14, 2008  KARACHI: Eight armed men looted Rs4 million from a commercial bank in Muaripur Road and fled with money after killing a policeman and a security guard on Friday, police officials said.They said eight armed...

Beating Aussies, India gear up for England

"RAJKOT: Buoyant India hope to build on their impressive Test success over Australia by defeating England in a seven-match one-day series starting on Friday. Mahendra Dhoni's home team takes the field for the first match here just four days after conquering world champions...

NAB Okays probe against 3 forex companies

" Updated at: 1430 PST, Thursday, November 13, 2008 ISLAMABAD: National Accountability Bureau (NAB) has given a go ahead to an inquiry into the allegations regarding illegal business and money laundering against three forex companies.The Securities and...

Separatist billboards

"Wednesday, November 12, 2008 Ahmed Quraishi There is little question that an American-occupied Afghanistan has emerged as the biggest security threat to Pakistan. But you...

Obama likely change CIA, NI directors: report

"WASHINGTON: The current chiefs of National Intelligence and the CIA expect to be replaced when Barack Obama takes over as US president on January 20, a U.S. daily reported Wednesday.Several senior Democrats oppose keeping National Intelligence director Mike McConnell and...

No oxygen in the IMF ventilator

"By Mosharraf ZaidiThe News InternationalBeing of Pakistani origin qualifies an IMF employee to be as much of a Pakistani economy expert, as being of Pakistani origin qualifies a child that eats a lot of Krispy Kreme doughnuts to be an expert in Pakistani child nutrition....

Currency Mafia In State Bank Of Pakistan?

"You want to know how banks are being pressured by the government to dole out people’s savings to save stock brokers in KSE? Read this inside story. By FARAH PAKIWALA Monday, 10 November 2008. KARACHI, Pakistan—We appreciate FIA’s efforts against KKI and other...

Karachi Nazim, Mustafa Kamal placed among top-three world mayors

"KARACHI: Reputed journal, Foreign Policy in its report has declared Karachi Nazim, Syed Mustafa Kamal the second best mayor of the year 2008 world.Foreign Policy report titled ‘The Mayor of the moment’ said that Germany’s Berlin City Mayor, Klaus Wowereit, 55 topped...

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