Category archives for: World

Spain agrees to bail-out plan, specifics to surface soon – Part 1

The latest from the West is that Spain has agreed to receive a bail-out assistance plan from the Euro zone ministers in tune of $125 Billion. However, the Spanish government is expected to release the exact amount needed by June 21. The mere news of the acceptance of bail-out plan has brought smiles on the […]

Spain agrees to bail-out plan, specifics to surface soon – Part 2

The US stock market also showed a promising start to the current week after the news received from across the ocean. Though the trading is still to commence on Monday, the futures showed a prosperity of 1 percent. Dow Jones industrial average futures gained 130 points. Nasdaq composite futures rose 28.50 points. S&P 500 futures […]

China shows fluctuating performance in May; import/export up, consumer index down

China, the once streaking economy in the world is now performing less than satisfactorily, mainly because of the foreign demand in the shape of exports. It is a no-brainer now that China is an export-driven economy and domestic consumption is just a bystander in the way. However, the lack of domestic consumption is the one […]

20 more people die in Syria as civil war continues: NGOs

Rebels and regime troops clashed in a district of the Syrian capital as scores of protests were held across the strife-torn country and more than 20 people killed on Friday, monitors said. Clashes broke out in Kfar Sousa, a Damascus district where anti-regime sentiment is strong, while explosions rocked the Mazzeh and al Qaeda neighbourhoods, […]

Islamabad rejects Leon Panetta’s recent allegations on militants’ hideouts

Islamabad dismissed US Secretary of Defence Leon Panetta’s recent comments on militant hideouts in the tribal region, saying that these statements are unconstructive in bringing about stability in the region. A statement issued by the Foreign Minister observed, “We feel that the Secretary of Defence is oversimplifying some of the very complex issues we are […]

Syrian bombing leaves 23 dead

In two separate incidents in Deraa and Homs, 23 people including nine women and three children have been killed Fighting between Bashar Al-Assad’s forces and the rebel forces has left seventeen people dead in the Southern Syrian city of Deraa. The incident happened this Friday. Among those seventeen victims were nine women and three children […]

IAEA and Iran open new round of talks on the nuclear issue

The UN nuclear watchdog held fresh talks with Iran Friday in Vienna, where it was expected to push for access to a suspected testing site near Tehran. The agency’s chief inspector Herman Nackaerts and deputy director general Rafael Grossi were meeting Iran’s envoy to the agency, Ali Asghar Soltanieh, to try to get greater access […]

Syrians fleeing on a daily basis according to Red Cross

According to a survey by Red Cross, everyday, a number of Syrians are fleeing from the ravaged country Syrian civilians have been forced to leave their homes in order to stay away from the clashes between the rebel forces and government troops. It has become difficult for sick and wounded people to reach medical services. […]

China and India: Asia’s most powerful economies – Part 1

Once upon a time in far-far West we had the US and the UK, the promising and most thriving economies, and on the other side of the globe was Japan playing fist fights with them single-handedly. Then came the God of Economic Destruction and set the world on ‘Stock Fire’. But, two countries saw the […]

China and India: Asia’s most powerful economies – Part 2

China, these days, is facing hard times due to the lack of foreign demand, especially in the US and Europe, economic crisis being one of the reasons. The country’s own domestic consumption is less than satisfactory which has resulted in slow growth rate, somewhere near 2 percent a year, which was once well above 10 percent […]

Haqqani Network is a big threat to Pakistan: Gen Dempsey

US Chairman Joint Chiefs of Staff General Martin Dempsey has said that the Haqqani Network was as big a threat to Pakistan as it was to Afghanistan and the United States. Speaking to the media, the US military chief said they had not been able to find common ground on that and that was frustrating. […]

Panetta says that attacks on Al-Qaeda targets inside Pakistan will continue

Pentagon Chief Leon Panetta said Wednesday that the US would continue to attack al Qaeda in Pakistan following the killing of the group’s number two Abu Yahya al-Libi. “We have made it very clear that we are going to continue to defend ourselves,” Secretary of Defence Panetta said when asked about drone strikes in Pakistan […]

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