Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
President Asif Ali Zardari has expressed grave concern over the recent attacks on Pakistani border posts by terrorists from across Afghanistan and brutal killings of Pakistani soldiers, calling for effective measures to pull down militant hideouts in the neighboring country. Expressing these views during his meeting with Michael Gahler, member European Union (EU), he reiterated […]
Urging the international community for giving market access to Pakistan, President Asif Ali Zardari has said that it was time for it to help those countries most adversely impacted by the war on terror. In his view, preferential treatment and greater market access for Pakistani products would help the country in establishing its economy. While […]
Spanish police fired rubber bullets and charged protestors in central Madrid early Friday at the end of a huge demonstration against economic crisis measures. The protest was was one of over 80 demonstrations called by unions across the county against civil servant pay cuts and tax hikes which drew tens of thousands of people, including […]
The euro was poised for its biggest daily rally against the dollar in almost eight months on Monday, after Spain secured help for its debt-stricken banks and as Chinese economic data was not as bad as the market had feared. The euro zone decided to lend its fourth-largest economy up to 100 billion euros ($125 […]
Soon after the 2008 crisis that hit the West the most, Europe went on a shopping spree, borrowing money from banks in huge sums. Now the bad debts are haunting the whole continent like the notion of Armageddon. Spain is not an exception and is on the verge of collapse if the European Union does […]
The solution to the above is bail-out, undoubtedly but it itself has two-fold problem that is fending the central government and sovereign governments of the countries. First, EU wants to instil the money into the banking sector of the countries like Spain but it is not only Spain that is in the oblivion. Countries like […]
“More than 20% and potentially 50%” is the percentage of the Europeans connected mobile Internet services that have blocked VoIP (like Skype) or P2P file sharing. In the case of fixed broadband services, restrictions are applied on P2P at peak times when it is more used. It may affect 95% of consumers in one country, […]
Asian markets mostly fell Friday and the euro sat at near-two year lows as weak European data added to pessimism after this week’s disappointing summit on saving Greece from leaving the euro zone. Positive leads from Wall Street and European markets were unable to provide a lift as Asian indexes gave up the gains made […]
British Prime Minister David Cameron and President of European Commission have said that Greece should not be ousted of the Euro British Prime Minister, David Cameron , said on Wednesday, May 16 that the euro area should act quickly to resolve its debt crisis or see a possible dissolution. "The euro zone needs to choose . If the euro zone will continue as it is, […]
The euro was stuck at four-month lows against the dollar in Asian trade Wednesday amid fears over political uncertainty in debt-ridden Greece and its wider impact across the 17-nation euro zone. The euro bought $1.2715 in Tokyo afternoon trade, compared with $1.2728 in New York late Tuesday, and treading its lowest levels since mid-January. The […]
Prime Minister Syed Yousaf Raza Gilani said Article 58-2b, which allowed a president to dissolve the assemblies, is no longer part of the Constitution, therefore, he couldn’t hand this power to the court. His remarks, which he uttered while speaking to the media persons in London, hinted heavily at a fighting mood. Imran Khan and […]
Brussels denies preparing for “Marshall Plan” to boost growth The European Commission has denied that they are preparing a kind of a Marshall Plan of 200 billion euros to boost growth in European Union "The figures are not based on any reality" , said Pia Ahrenkilde , spokeswoman for the European Commission, during a press conference in Brussels. […]
