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 Articles & Letters[1-4 of 4 stories]  
 Articles   |   Letters  

Cost of political animosities in testing times
ARTICLE (September 03, 2010): Creating and enhancing political animosities at this critical juncture - when millions of flood-ravaged people are homeless, foodless and frustrated - at best be adjudged as immaturity on the part of our political leadership. Their accusations of all kinds against each other - especially of corruption - would further weaken our already distorted image in the international community.



Taxing the untaxed through fixed taxation
ARTICLE (September 03, 2010): The British Minister for Development has recently warned Pakistan to ensure implementation of promised economic reforms including micro level expansion of tax net. He mentioned that if steps are not taken seriously to implement reforms that were agreed between the donors and Pakistan, the country would not be able to meet its financial commitments and that may push the country into further deep financial crisis.



Feminism going too far in Spain, 'men's lib' claims
ARTICLE (September 03, 2010): Women's rights need to be defended, most Spaniards agree - but do men need their own liberation movement as well? Prime Minister Jose Luis Rodriguez Zapatero's progressive women's rights policies have sparked a debate on whether his campaign for the equality of the sexes has gone too far.



Partly Facetious: Zardari experiencing a steady decline in popularity
ARTICLE (September 03, 2010): "I don't understand our Prime Minister."



Viewpoint: Are we heading towards a bloody revolution?
ARTICLE (September 02, 2010): It is difficult to determine who said it first. But the line "the country is heading towards a bloody revolution" seems to have struck a chord with all kinds of people: politicians, journalists, business leaders, and television commentators of different hues. Repeated day and night in the media, this alarmist assessment is now almost a national refrain.



Judicial decision making: Certainty as an element of logical expectation
ARTICLE (September 02, 2010): Our financial expert friend Lakhani looked worried. His way of entrance into my office showed anxiety written large on his face. I asked him, "Lakhani be in peace, Don't worry, problems do have their solutions."



Long wait for rescue in Chilean mine
ARTICLE (September 02, 2010): "Please get us out of here," one of 33 miners trapped for close to four weeks at a gold and copper mine in northern Chile asked in the first video from the depths. The miners have been entombed 700 metres under the Atacama Desert since August 5, when the shaft they were working in collapsed, and they have to deal with constant temperatures above 30 degrees Celsius.



Partly Facetious: It's not cricket
ARTICLE (September 02, 2010): "They are well connected so nothing will happen."



The days ahead
ARTICLE (September 01, 2010): After having wrought unprecedented havoc, the Indus is finally discharging its flood crest into the Arabian Sea. There are no more stormy rains in the cachement areas upstream. The initial concerns about the flooding of rivers Ravi and Sutlej have turned out to be unfounded. The outflow at Gudu and Sukkur barrages is gradually coming down.



Good Morning: Ramazan and Eid amid flood misery
ARTICLE (September 01, 2010): To begin with, neither the devastating floods, nor the shameful revelations about the Pakistan cricket team, nor the Sialkot lynching case, nor the judicial crisis that has been "averted" by the Supreme Court on Monday, nor the overall morale and crises of the country.


  

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The Rupee
Interbank closing rates for dollar on Thursday.
BuyingRs 85.60
SellingRs 85.64
Dollar recedes
7481.03  73.24
Sectoral Indices 
Market at Close
BRIndex-30 7,554.27
KSE-30 Index 9,636.05
KSE-100 Index 9,762.89
LSE-25 Index 3,090.62
ISE-10 Index 2,516.63
Gold Per 10gm 33,900.00
KCA Spot Rate 6,300.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,320.10 0.49
Nasdaq 2,200.01 1.06
S&P 1,090.10 0.91
FTSE 5,371.04 0.10
DAX 6,083.85 0.05
CAC-40 3,631.43 0.21
Nikkei 9,062.84 1.50
H.Seng 20,868.82 1.19
Sensex 18,238.31 0.18
NY Closing
Euro 1.2824
Sterling 1.5394
Swiss Franc 1.0130
Yen 84.2700
Gold 1252.80
Cotton 89.490
Oil 74.92
Economic Indicators
Annual2009/10
Foreign Debt $53.01bn
Per Cap Income $1046
GDP Growth 4.1%
Average CPI 11.73%
MonthlyJuly
Trade Balance $-1.45 bln
Exports $1.78 bln
Imports $3.24 bln
WeeklySeptember 02, 2010
Reserves $16.12 bln
 









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