Archive for: February, 2012

Former executives, bankers arrested over Olympus fraud

(Reuters) – Three former executives of disgraced medical equipment and camera maker Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud, one of Japan’s biggest corporate scandals. The three had been identified by an investigative panel, commissioned by the company, as the main culprits in the fraud, seeking to […]

NATO admits mistakenly bombing Afghan civilians

NATO admits mistakenly bombing Afghan civilians NATO-led forces in Afghanistan said on Wednesday they killed eight young Afghans in eastern Kapisa province last week in an air strike that enraged the Afghan government, and came soon after a United Nations report showed civilian casualties of the decade-long war rose again in 2011.              “Eight young Afghans […]

Iraq offers Pakistan Oil on long term payment facility

Iraq offers Pakistan Oil on long term payment facility Wednesday, February 16, 2012: Dr Asim Hussain, Special Assistant to Prime Minister, during a press conference revealed that Iraq has put forth a proposal to Pakistan. In the proposal, Iraq will lend Pakistan furnace oil with the facility of long term payment. Hussain further revealed that […]

Hillary Clinton congrats Serbia over its national day

Hillary Clinton congrats Serbia over its national day Washington: (Wednesday, February 15, 2012) US Secretary of State, Hillary Clinton congratulated today the Serbian people on their national day. In her message to the Serbian People, congratulating on behalf of the President Barack Obama, people of the United States, and herself, she said, “On behalf of […]

US Secretary of State to host Global Business Conference on Feb 21-22

US Secretary of State to host Global Business Conference on Feb 21-22 Washington: (Wednesday, February 15, 2012) On February 21-22, the US Secretary Clinton will host the first-ever State Department Global Business Conference. The conference will bring together senior officials from U.S. business support organizations from over 100 countries; U.S private sector executives focused on […]

US to closely monitor electoral process in Democratic Republic of the Congo

US to closely monitor electoral process in Democratic Republic of the Congo Washington: (Wednesday, February 15, 2012) expressing its resolve to stand by democratic Congo, United States has been closely monitoring the electorate process in the Democratic Republican. Expressing this in a statement US department of State said in a press release, “The United States […]

20th amendment passed by Pakistan’s parliament

20th amendment passed by Pakistan’s parliament The National Assembly of Pakistan has agreed upon a decision unanimously and passed the 20th Constitutional Amendment Bill. The passing of the Bill took place on the Tuesday night. The passing of the 20th amendment is aimed at empowering the Election Commission of Pakistan. The Bill will work towards […]

Government contemplates on names for next ISI chief

Government contemplates on names for next ISI chief Islamabad: The government is faced with the difficult question all over again. Given the deteriorated relations with America, it is finding it difficult to come up with a name to be put in to the saddle of the director general of Inter Services Intelligence (ISI) as Lt. […]

Climate stakeholders of SDPI-HBS Pak-India Track II Dialogue adopt unanimous resolution

Climate stakeholders of SDPI-HBS Pak-India Track II Dialogue adopt unanimous resolution ISLAMABD:(15 February 2012) Deliberating on water, energy, adaptation, gender equity and livelihoods, the climate stakeholders adopted a resolution on the concluding day of ‘Track-II Dialogue on (Climate) Change for peace’ which was jointly organized by Sustainable Development Policy Institute (SDPI) and Heinrich Boll Stiftung […]

Google Wallet: Will it be a success in the near future? – Part 1

Google, Inc. has a tradition of getting off to a flimsy start. There are numerous examples in the more-than-a-decade long history of the company but it has succeeded in those ventures where it plans to stick its head in. However, the recent endeavour undertaken by Google has taken more toll on its capital than any […]

Google Wallet: Will it be a success in the near future? – Part 2

Basically Google Wallet is an application preinstalled in Google’s mobile operating system, Android. As of yet, there are only two smartphones that have adorned the application, Samsung Galaxy Nexus S and Samsung Galaxy Nexus. In addition to the application, the service also needs near-field-communication (NFC) chip in the handset that is only available in scant […]

Google blocked a part of its new application Google Wallet due to security reasons

In recent news, Google announced that it is going to take down a part of their application, Google Wallet due to some security concerns. Recent developments have revealed that the application still works if the phone is lost and screen remains unlocked, the person who recovers it can change the pin codes in the application […]

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