IMF loan to help support economy: Tarin
KARACHI: The first tranche of the IMF loan amounting to Rs3.5 billion will help support the economy of the country, said Advisor to Prime Minister for Finance Shaukat Tarin here on Friday. Talking to media on his arrival here, he reiterated the government’s resolve to continue taking necessary measures for putting the country’s ailing economy back to its feet. “The IMF’s loan will improve the country’s economic condition,” the Advisor said optimistically.
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European, Asian markets rebound despite US losses
LONDON: European and Asian stock markets rebounded Friday as expectations of a recovery on Wall Street prompted investors to scoop up battered financial and energy shares. The FTSE 100 index of leading British shares was up 42.78 points, or 1.1 percent, at 3,917.77, while Germany’’s DAX was 46.59 points, or 1.1 percent, higher at 4,266.79.
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SBP issues over Rs23 bln T-Bills
KARACHI: The State Bank of Pakistan (SBP) Friday mopped up Rs23.70 billion at 6.4 per cent interest for one day by issuing treasury bills.
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Oil prices plunge below 50 dollars per barrel
NEWYORK: Oil prices crashed below 50 dollars a barrel on Thursday as plunging equities and weak US data sparked fresh fears that a worldwide recession would ravage energy demand. In New York, light sweet crude for delivery in December plunged 4.00 dollars a barrel to close at 49.62. The December contract expired at the close after hitting an intraday low of 48.64 dollars, a level last seen in May 2005
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Jodie Sweetin Splits With Her Husband
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Former U.S. Sen.
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Can Good Looking Men in Good Looking Roles Win the Oscar?
Actress who hope to win an Academy Awards a lot of times downplay their movie star looks for a part — and it seems the same can be said for men.
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Taylor Swift Goes Global … and Pop?
Taylor Swift, international pop star?
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HP’s Wrath, Baidu’s Greed and Other Deadly Sins
TV shows like “The Hills” focus on the petty squabbles that go on in the world of spoiled, vapid socialites. I can’t think of a program that gets into the catfights that go on in the IT world, and I don’t know whether there’d really be a huge audience for something like that, but they do happen, and court documents in an ongoing lawsuit have revealed some juicy tidbits. The class-action suit concerns the promises made by some PC makers that their computers — even some really weak-kneed models — could shoulder the weight of Microsoft’s latest operating system, Vista.
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iPhone Update Soups Up Street Smarts, Stabilizes Safari
Apple has released a new software update for the iPhone, bringing users more than a dozen new features and fixes. Among them is the “I-want-that-too” Google Street View maps feature that was first available on BlackBerry and Java-enabled phones. “Apple has been releasing major updates to iPhone OS every few months,” Raven Zachary, founder of iPhoneDevCamp and a contributing analyst for The 451 Group, told MacNewsWorld.
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Angelina Jolie Controls How We See Her?
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Farm loans amount up by 16 percent
KARACHI: The amount of agricultural loans during the first four months of the current fiscal year increased by 16 percent.
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