Archive for November, 2008


Terrorists Attacks in Mumbai

You have been listening, watching and reading for the last three days all about the horrendous attacks on four of the Mumbai locations. The effect is devastating. It is definitely some thing to condemn. You are getting all the latest news with pictures and videos from your TV channels so there is no need to [...]

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IMF Announces Staff Level Agreement with Pakistan on US$7.6 Billion Loan

Press Release No. 08/285November 15, 2008 Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement on Pakistan today: "IMF staff and the Pakistani authorities have reached an agreement in principle on the key elements of an economic program to be supported by an SDR 5.17 billion (about US$7.6 billion) [...]

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India Signed a Defence Agreement with Qatar

Indian Prime Minister Manmohan Singh is visiting Qatar now a days. He met with Amir of Qatar Shaikh Hamad bin Khanlifa Al Thani in Doha today. They discussed bilateral relations and ways to enhance cooperation among the two countires. During this visit Indian and Qatari defense ministers signed a defence cooperation deal which an Indian [...]

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Pakistan’s Current Reserve of Foreign Exchange

Pakistan’s foreign exchange reserves are dwindling by the day while Pakistan is struggling to get some cash from outside lenders. So far has not been able to get any cash. Saudi Arabia has offered some help in the form of deferred payment for oil imports. In the mean time foreign exchange reserves are depleting very [...]

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