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    US court says CIA’s drone policy unjustified

    WASHINGTON: A federal appeals court says that the Central Intelligence Agency was wrong to refuse a Freedom of Information Act request for details on the CIA’s drone program, Russia Today reported on Friday. The American Civil Liberties Union filed a FOIA request with the United States’ top...
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    India cancels hockey series with pakistan

    Oooopz!!! that's bad Oooopz!!! that's bad Oooopz!!! that's bad
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    Peace gasline opposers can’t be friends: Asim

    But its too costly yr, almost 4 times to what we are paying currently in terms of gas utility bills. Pakistan should consider and expedite work on Thar Coal Project as well....
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    Russia’s jets seen near US military base in Guam

    Oops sory then, I didn't see...
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    Russia’s jets seen near US military base in Guam

    HAGATNA: Two Russian Tu-95 strategic bombers were intercepted near the key US Pacific military base in Guam, the Washington Free Beacon website claimed, ahead of the possible sequestration of the US military budget, reported Russia Today on Sunday. According to the Washington Free Beacon...
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    Abu Dhabi Group sign investment worth $45 billion

    ABU DHABI: An agreement has been signed between Pakistani real-estate tycoon Malik Riaz and Abu Dhabi group to build world's tallest building in Pakistan’s port city, Karachi. The agreement worth $45 billion will provide employment to 2.5 million people in Pakistan. $35 billion worth of...
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    Pakistan tests-fire nuclear-capable SRBM Hatf II (Abdali)

    LOL, were you thinking about the credibility of my post? I published this news item here after receiving a press release from ISPR....
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    Pakistan tests-fire nuclear-capable SRBM Hatf II (Abdali)

    RAWALPINDI: Pakistan on Friday successfully test fired the nuclear-capable Short Range Surface to Surface Ballistic Missile Hatf II (Abdali), as part of the process of validation of land based ballistic missile systems. According to a press release issued by the Pakistan Inter Services Public...
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    Industries relocating from China amid high labour cost

    High end manufecturing will ultimately result in increased production cost and thus China might not be able to compete with MNC's operating in other parts of the world.... The issue is that unlike many economies of the world, China don't have consumption-based economy rather it has...
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    Industries relocating from China amid high labour cost

    By Usman Ahmed The ‘manufacturers’ relocation’ a phenomenon which was once experienced by the Europe, is now being witnessed in China, the second largest economy of the world, due to soaring labor costs. The manufacturers are relocating completely or partially their businesses outside China...
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    Unprecedented surge in Pakistan’s national debt during last 5 years

    By Usman Ahmed Pakistan’s Public debt-to-GDP ratio mounted to 62.6 percent during Financial Year 2012 (FY12) and country’s total public debt now stands at Rs 12.9 trillion, according to annual report issued by the State Bank of Pakistan (SBP), which is more than double of the total national...
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    Economic crisis: Pakistanis spent Rs67.607b on mobiles, tea, cars

    Do you know Pakistan, the second largest economy in South Asia, is clubbed with Nepal that has the economic growth projection of 3.8 percent. Even Sri Lanka at 6.1 percent and Bangladesh at 5.8 percent are projected to hit growth rates far higher than that of Pakistan.
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    Israel expedites its occupation in Jerusalem

    JERUSALEM: Israeli authorities on Sunday ordered the demolition of a Palestinian residential building inhabited by eighty Jerusalemite citizens near the Old City in occupied Jerusalem, reports say. Sheikh Ikrima Sabri, head of the Islamic Supreme Council in Jerusalem and Aqsa preacher was...
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    Economic crisis: Pakistanis spent Rs67.607b on mobiles, tea, cars

    By Usman Ahmed Despite poor economic conditions in the country, Pakistanis used mobile phones, tea and motorcars worth Rs32.962 billion, Rs17.454 billion, and Rs17.191 billion, respectively, during the first six months of the current fiscal year (2012-2013), according to the Pakistan Bureau...
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    Pakistan unlikely to achieve growth targets set for FY2012-13

    By Usman Ahmed The latest reports issued by the International Monetary Fund (IMF) and World Bank have revealed that Pakistan would miss, for the fifth consecutive year, the growth targets set for the financial year 2012-13 and the sluggish pace of economy will continue for at least two more...
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