Recently made Currency Swap Arrangements (CSA) with China and Turkey will certainly help improve bilateral trade and foreign investment activities in the countries but will not help to ease out the pressure on Pak Rupee. These agreements will not cause a dent in the demand for dollars and that is the reason why the country’s […]
Dec 29 2011 | Posted in
Business,
Pakistan |
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China launches her satellite to compete with U.S. Gobal Positioning System (GPS) China has launched her satellite-controlling nagivation network on Tuesday, December 27. This endeavour on China’s part was taken up in an attempt to break free from their dependence on U.S. controlled Global Positioning System (GPS). The project was started in 2000 and right […]
Dec 28 2011 | Posted in
Sci-Tech |
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China reiterates it support for Pakistan’s independence and sovereignty China has reiterated its firm support for Pakistan’s independence, sovereignty and territorial integrity and urged the international community to recognize the significant contributions made by the country in world’s war against terror. The reassurance came during the three-day visit of Representative of Chinese President Hu Jintao. […]
Some say, it was an accurate time for Japanese Prime Minister Yoshihiko Noda, who went to meet Chinese top executives in order to deal with North Korean’s consistent hostility towards them. And for some it was also a right time for Japanese government to meet with the Chinese government to promote stability in their own […]
Dec 25 2011 | Posted in
Latest News,
World |
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Bilateral trade promotion on cards; Pakistan signs currency swap agreement with china Islamabad, Saturday, December 24, 2011: In a bid to increase the volume of bilateral trade between the two countries, Pakistan and China signed currency swap agreement today. The agreement marks a crucial development for strengthening investment and financial relations between the two countries […]
Dec 24 2011 | Posted in
Business,
Pakistan |
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Enough is Enough Yousaf Raza Gilani’s speech should be taken as better late than never, instead of too late the hero. The essence of the premier’s address is that lessons of democracy, whether be it in the Eastern Wing of the erstwhile Pakistan or the Western Wing, which is present day Pakistan, will have to […]
Dec 24 2011 | Posted in
Opinion,
Pakistan |
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Pak-China currency swap agreement signed The much awaited deal between the two neighbouring countries was finally signed on Friday, when Pakistan and China agreed to a bilateral currency swap to promote trade between the two nations. The agreement was signed to strengthen the economic ties and to encourage bilateral trade between the two countries. The […]
Dec 24 2011 | Posted in
Business,
Pakistan |
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Like the netbook market, Indian government backed Aaskash tablet brought the price of tablets to a new low. Aaskash, which means sky in Hindi, is intended to be introduce among developing countries with high growth rates, especially China, Russia and Brazil. The second edition of this device, which was manufactured by UbiSlate, designed and funded […]
Most US economists are spreading the word of imposing duties on Chinese imports in the country to help promote the local labour pool. However, their misled belief is not going to help the case in any regard. The Chinese have a better infrastructure, when it comes to production, whereas the US has innovation, when it […]
Dec 19 2011 | Posted in
Business,
Europe |
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China’s economy is sinking fast but the downturn is merely a problem created by them. However, according to some experts, that might not be entirely true. The second largest economy has taken some steps in the past that have been beneficial at times but now they are becoming consequential. At the latest gathering of all […]
Dec 19 2011 | Posted in
Business,
Europe |
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World is changing rapidly as we are all set to welcome 2012. The concept of globalisation has gained a lot of popularity in the recent decade which has totally changed the concept of the word, Culture. Culture is normally misinterpreted and it is important to understand its true meaning. Culture can be best defined as, […]
Dec 17 2011 | Posted in
Africa,
Pakistan |
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Many climate experts have deeply regretted the Canada’s withdrawal from Kyoto Protocol and called this is an irresponsible act that will hurt obviously the global anti-climate change efforts. On 12th December 2011, Canada pulled out of the Kyoto Protocol on climate change and stated the agreement won’t facilitate the atmospheric crisis in the long run. […]
Dec 17 2011 | Posted in
World |
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