World Markets Higher On Signs US Economy Improving
World stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece’s debt crisis eased. Most major European and Asian equity markets rose, bolstered by a 1.7 percent jump in the Dow Jones industrial average Tuesday. Markets in China and Taiwan were closed for the Lunar New Year holiday. Investors were [...]
Statistics Reveal Stunning Increase In Poverty
Statistics reveal stunning increase in poverty in Pakistan impacted by the prices of energy and food in the past three years. These happen to be the worst years as far as the poverty situation in the country is concerned, data reveals. The Federal Bureau of Statistics data updated for the Centre for Poverty Reduction and [...]
13 Teenagers Shot Dead As Gunmen Burst Into Party In Mexico Border City
A gang of heavily armed men stormed a party inside a house in the border city of Ciudad Juárez killing 13 teenagers in the early hours of yesterday morning. A further 17 young people were injured in the attack, which was apparently a mistaken drugs hit. The gunmen arrived in a convoy of up to [...]
China ‘Overtakes Germany As World’s Largest Exporter’
China’s exports rose 17.7% in December, state media have reported, suggesting the country has overtaken Germany as the world’s largest exporter. The rise, compared to a year earlier, breaks a 13-month decline in trade as a result of the global downturn. Xinhua said total exports for 2009 were $1.2tn (£749bn), but total foreign trade over [...]
Russia To Work On New Nuclear Missiles: Medvedev
Russia will work on a new generation of nuclear missiles to ensure its nuclear deterrent remains effective, President Dmitry Medvedev said on Thursday. Medvedev said the new missiles would be developed in full accordance with arms agreements made with the United States. “Of course, we will develop new systems, including delivery systems, that is, missiles,” [...]
Trapped In Tora Bora In 2001, Osama Had Written His Will
World’s most wanted terrorist Osama bin Laden had written his will as US troops closed in on his hideout in Tora Bora mountains of Afghanistan in December 2001, but walked out “unmolested” after American military leaders decided not to send reinforcements to pursue him. The US military “could have captured or killed Osama bin Laden [...]
Lula Backs Iran’s Nuclear Programme
Brazil’s president has offered his backing for Tehran’s controversial nuclear programme. Speaking at a joint news conference in the capital Brasilia on Monday after holding talks with Mahmoud Ahmadinejad, his visiting Iranian counterpart, Luis Inacio Lula da Silva said Brazil backed Iran’s quest for “peaceful nuclear energy in full respect of international accords”. He urged [...]
Iran Plans War Games To Protect N-Plants
Iran will begin large-scale air defense war games on Sunday to help protect its nuclear facilities against any attack, a senior commander said. Brig. Gen. Ahmad Mighani also suggested Iran could itself produce an advanced missile defense system which Russia has so far failed to deliver to the Islamic Republic and which Washington and Israel [...]
Analysis: Iran In No Hurry To Cut Nuclear Deal
If Western leaders were still puzzling over Iran’s approach to nuclear talks, Mahmoud Ahmadinejad offered a timely tutorial. It came complete with a dismissive sound bite – comparing Iran’s foes to a mosquito – a bit of boasting about Iran’s prestige and a touch of self-analysis. Iran’s president said Sunday that Tehran doesn’t trust the [...]
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