Economy

  Punjab, Turkish Cooperation and Coordination Agency sign MoU

ISLAMABAD: Chief Minister Punjab Mian Shahbaz Sharif has said that partnership between Punjab Government and Turkey will create new vistas of cooperation.   He was speaking on the eve of signing of Memorandum of Understanding (MoU) between Punja...

  Titanic violin sold for world record $1.4 million

LONDON: The violin played by the Titanic's bandmaster as the ship sank beneath the waves sold at auction for £900,000 ($1.45 million, 1.06 million euros) on Saturday, a world record for memorabilia from the doomed liner. Wallace Hartley's viol...

  US quietly releasing $1.6 billion in Pakistan assistance

WASHINGTON: The U.S. has quietly decided to release more than $1.6 billion in military and economic aid to Pakistan that was suspended when relations between the two countries disintegrated over the covert raid that killed Osama bin Laden and dead...

  Pakistan needs $76.19 billion to pay off debts: IMF

WASHINGTON: Pakistan requires $76.19 billion (Rs8 trillion) or 30 percent of its per annum GDP in order to pay off its maturing debt, estimates the IMF’s Fiscal Monitor Report.   This places Pakistan firmly at the top of the list of indebted emer...

  Gold price hits Rs 53,500

KARACHI: Price of gold hit Rs53500 per tola on Saturday with an increase of Rs1,900, media reported.   The price of the precious metal rose to Rs 47,857 per 10 gram with an increase of Rs1628....

  Pakistan gets $ 322 million in CSF dues from US

ISLAMABAD:The State Bank of Pakistan has received an amount of $322 million under the Coalition Support Fund (CSF) from the United States of America. It must be noted here that Minister for Finance, Senator Ishaq Dar, during the annual meeting...

  5 KG heroin seized from PIA London-bound flight

KARACHI: Five kilograms of heroin were recovered from a London-bound Pakistan International Airlines (PIA) flight.   According to Customs officials, action was taken after the Customs Drug Enforcement received information of drugs being smuggled o...

  Oil edges higher

SINGAPORE: Oil prices rose in Asian trade Friday on upbeat economic growth data from China, but concerns over the stop-gap deal to avert a disastrous US debt default capped gains, analysts said. New York's main contract, West Texas Intermediate...

  Google stock surges on gains in profit, revenue

SAN FRANCISCO: Google said Thursday its quarterly profit jumped to $2.97 billion on rising revenue, causing the Internet giant's stock to climb in after-market trades. Google said that it took in revenues of $14.89 billion in the quarter that ...

  US: S&P 500 index rockets to new record

NEW YORK CITY: US investors powered the S&P 500 to an all-time high Thursday, one day after Washington politicians reached a deal to reopen the government and avert a feared debt default.   The S&P 500, the broadest of the major measures of US ma...

  Shutdown encouraged US foes, depressed friends: Obama

WASHINGTON: US President Barack Obama warned Thursday that America's political dysfunction had encouraged its enemies and depressed its friends, and said the crisis had left "no winners" in Washington.   In trying to heal the wounds of the last t...

  Oil down as investors take profits after US deal

NEW YORK: Oil prices eased in Asian trade Thursday as investors booked profits from a rally inspired by an 11th-hour deal in the United States to raise the country's debt ceiling.   But optimism was tempered by fears that the agreement -- which e...

  US Congress to pass last-ditch deal to avert default

WASHINGTON: US lawmakers were poised Wednesday to vote to raise the country's debt limit and re-open the federal government, after an eleventh-hour deal to save Washington from a historic default.   Republican and Democratic senators announced a ...

  Obama says Washington must 'regain' trust of Americans

WASHINGTON: US President Barack Obama sought Wednesday to heal the wounds of a debt ceiling and government shutdown showdown, and warned Washington that it must stop governing by crisis.   Obama said US leaders needed to "earn back" the trust of ...

  US Congress passes bill to end shutdown and avoid debt crisis

WASHINGTON: The United States was spared the ignominy of a disastrous debt default Wednesday when Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown.   After weeks of tumultuous debate, the...

  US federal employees called back to work: White House

WASHINGTON: President Barack Obama ordered all federal employees to return to work on Thursday after Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown. "Now that the bill has passed the ...

  New Global Slavery Index estimates 30 million affected

LONDON: An estimated 30 million people worldwide are living in modern-day slavery, according to the inaugural Global Slavery Index published Thursday.   The index, compiled by the Walk Free Foundation, said that while India by far had the larges...

  Senate votes to raise US debt ceiling, bill goes to House

WASHINGTON: At the end of the 16th day of the government shutdown, the Senate on Wednesday voted 81-18 to pass a bill that would reopen the government and avert a potentially cataclysmic default on U.S. debt payments by raising the federal governm...

  US lawmakers in eleventh hour vote to avert default

WASHINGTON: Pulling America's economy back from the edge of an abyss, the Senate approved a measure Wednesday that should end the US government shutdown and averts a potentially catastrophic default.   The last-gasp bill, which passed 81-18 with ...

  Obama signs bill ending US shutdown, raising debt ceiling

WASHINGTON: President Barack Obama signed early Thursday a bill ending the two-week US government shutdown and extending the Treasury's borrowing authority.   The White House announcement was the final piece in an agonizing political drama that ...


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Feature / Analysis

  • Conflict, Violence Harsh on Afghan, Pakistani Women

    ISLAMABAD: Prolonged conflicts in Pakistan and Afghanistan have had a ...

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  • Feature: Afghan women still suffer from discrimination and poverty

    MAZAR-E-SHARIF, Afghanistan: Although women's rights have seen conside...

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  • Afghanistan: Building a Vision Of Hope and Change

    Afghanistan is creating a positive future for itself. Sixty per cent o...

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  • Analysts See Promising Trends From Afghan Election

    WASHINGTON: While uncertainty remains over the outcome of the Afghan e...

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Opinion

  • Detention of Taliban commander by UAE disrupts Afghan peace talks

    KABUL: A former Taliban commander involved in peace negotiations with ...

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  • In Afghanistan, childhood is often a full-time job

    It's estimated that at least a quarter of Afghan children work, despit...

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  • America’s Last Task in Kabul

    WASHINGTON: Until now, fighting the Afghan war has been an American pr...

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  • ‘The Wrong Enemy: America in Afghanistan, 2001-2014’ by Carlotta Gall

    In 2012, I rode in a white Toyota Corolla past upscale villas and cafe...

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