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Three-Month Delay: IMF board postpones decision on reform

WASHINGTON: The International Monetary Fund’s board on Friday decided to postpone by three months its decision on how to raise emerging countries’ voting rights at the institution, as it seeks to get...

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Respite: No executions in Ramazan, says official

ISLAMABAD:  No death row prisoners will be executed during the holy month of Ramazan, a senior interior ministry official said on Saturday. “It is a tradition not to hang prisoners on important Islamic...

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Statistical expectation: 99.93% votes cast at NA-122 are valid, says NADRA

LAHORE:  The National Database and Registration Authority’s (NADRA) told an election tribunal on Saturday that 99.93 per cent votes cast in the NA-122 constituency during the May 2013 polls were found...

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Hyperinflation: Zimbabwe to give $1 for Z$35 quadrillion

HARARE: Zimbabwe is phasing out its hyperinflation hit local currency, offering an exchange rate of $1 (£0.65, €0.89) per Z$35 quadrillion. The country has already been using US dollars and South...

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Karachi strike remarks: MQM chief calls for resignation of PM

KARACHI: MQM chief Altaf Hussain on Saturday called for the resignation of Prime Minister Nawaz Sharif over his comments on the frequent shutdowns observed in the port city. Altaf made the demand while...

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MQM STRIKE TODAY: Centre committed to peace at all costs, says Nisar

WAH CANTT:  As the Muttahida Qaumi Movement (MQM) called for a shutter-down strike across Sindh on Sunday to protest against a “traditional, feudal minded and anti-development” budget, Interior...

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Russia and EU: Russia to retaliate over Yukos overseas asset freeze

MOSCOW: Moscow has threatened to retaliate against state-linked foreign firms operating in Russia after its official assets in Western Europe were frozen over legal claims by former Yukos oil company...

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Approval: IMF releases funds to Cyprus

Washington. The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus on Friday, now the only other Eurozone country receiving its...

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Old and vulnerable: Senior citizens await national policy to safeguard rights

ISLAMABAD: Pakistan lacks a national policy and legislation to safeguard the fundamental rights of around 12 million senior citizens. Though a national policy has been finalised, it remains pending...

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Apparel forum concerned over GSP Plus status

KARACHI: Expressing concern regarding the future of the country’s textile sector, Pakistan Apparel Forum Chairman Muhammad Jawed Bilwani has shown concerns our the European Union’s (EU) warning on the...

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Euro issues: Greece hopeful of last-ditch deal despite default warnings

ATHENS: Athens has said that it is still hopeful for an 11th-hour deal to stop it defaulting on its debt, as despairing Greek savers withdrew their cash from the country’s troubled banks ahead of fresh...

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Property rights: Villagers protest against land grabbers

FAISALABAD:  Scores of residents of Chak 210-RB Lakhoana staged a protest demonstration against land grabbers on Saturday. Talking to newsmen, Adnan Zia said some men had grabbed lands of people living...

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German police arrest Al Jazeera journalist in Berlin: Lawyer

BERLIN: A leading Al Jazeera journalist was arrested at a Berlin airport on Saturday following a request made by Egypt, a lawyer for the Qatar-based satellite network said, a move he described as part...

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ICMA holds post-budget seminar

KARACHI: ICMA Pakistan President Kashif Mateen Ansari along with ICMA National Council Member Anisur Rehman, ICMA Pakistan Karachi Branch Council (KBC) Chairman Khalid Mehmood, KBC vice chief Muhammad...

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Data Centre Services: Samba Bank, PTCL sign agreement

KARACHI: Samba Bank Limited, a subsidiary of Samba Financial Group, and Pakistan Telecommunication Company Limited (PTCL), Pakistan’s largest telecommunication service provider, have signed an...

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‘Products And Places’: Twitter testing shopping promotion

WASHINGTON: Twitter said it was testing a new way to use the messaging platform for shopping by promoting “products and places” in its feeds, as it looks to boost revenues. “We’re starting to...

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Haqqanis not spared in FATA ops: official

ISLAMABAD:  The military operations in the tribal regions are targeting all militant groups, including the Haqqani Network, a security official said on Sunday in response to a US State Department...

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Seven-star Yasir helps Pakistan stun Lanka

GALLE:  Leg-spinner Yasir Shah claimed a career-best seven for 76 as Pakistan stunned Sri Lanka by 10 wickets in the first Test on Sunday to take the lead in the three-match series. Yasir spun a web...

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Benazir’s assassination: All but one accused have met their fate, says Zardari

SUKKUR: Pakistan Peoples Party Co-Chairperson Asif Ali Zardari on Sunday came out all guns blazing against former military ruler Pervez Musharraf, while obliquely blaming him for the assassination of...

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For six months: Indian minister takes ‘vow of taciturnity’

NEW DEHLI:  Indian Defence Minister Manohar Parrikar, who faces a barrage of criticism over his comments on a wide range of issues, has vowed not speak to the media for six months. Parrikar, who has...

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