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Trade war risks global economic crisis: Putin

SAINT PETERSBURG: Russian President Vladimir Putin warned Friday that the world could be heading for an unprecedented economic crisis due to the confrontational trade policy and protectionism being pursued by the United States. Without directly naming US President Donald Trump, who has slapped on tariffs …

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ہیری کی شادی پر برطانوی معیشت بھی چمک پڑی

برطانوی شہزادہ ہیری اور سابق امریکی اداکارہ میگھن مرکل کی شادی پر عام شہری تو خوش تھے ہی، برطانوی معیشت بھی خوب پھلی پھولی۔ تجارتی خبررساں اداروں کے مطابق شادی پر شاہی خاندان نے تقریبا پانچ ارب 29کروڑ روپے خرچ کئے جبکہ حکومت کو شادی …

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NA passes Rs 5.9 trillion budget, amid opposition reservations

ISLAMABAD (APP) – Notwithstanding reservations by the opposition benches on the passage of budget for whole year, the National Assembly on Friday passed Finance Bill 2018-19 with certain amendments, providing legal cover to budgetary proposals for the upcoming budget. The house adopted a number of …

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NA passes Finance Bill for next fiscal year

ISLAMABAD -UNS– National Assembly (NA) on Friday has passed the Finance Bill 2018 giving legal cover to the budgetary proposals for the next financial year. A number of proposals given by members during debate on the budget and recommendations of the Senate have been incorporated …

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KP govt-Korea signs wind power project agreement

ISLAMMABAD -UNS – Khyber Pakhtunkhwa government on Tuesday signed an agreement with a Korea for wind power project. According to the agreement, 197 megawatt electricity would be produced through the wind power project. A sum of Rs50 billion would be spent on the project in …

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Pakistan’s first deep-water container terminal inaugurated

KARACHI -UNS- Prime Minister Shahid Khaqan Abbasi says the general elections would be held on time and people should ignore the rumours in this regard. Addressing the inauguration ceremony of Pakistan’s premier high-tech deep water container port in Karachi, Prime minister said government is striving …

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Social media users call for chicken boycott as price soars

ISLAMABAD-UNS – Social media users have launched a campaign urging the individuals to boycott chicken over its “sky-rocketing price” ahead of Ramazan. The sudden increase in the cost of chicken has been witnessed in various cities including Lahore and Karachi. Usually, the chicken is sold …

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Oil jumps to highest since 2014 after US quits Iran deal

LONDON -UNS : Oil prices rose more than 3 percent on Wednesday, hitting 3-1/2-year highs after U.S. President Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. Ignoring pleas by allies, Trump on Tuesday pulled out …

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Corruption in CPEC projects: Cost of coal power projects per MW 40pc higher

BY KHALID MUSTAFA ISLAMABAD: The lowest ever price for one megawatt in the International Competitive Bidding (ICB) for Jamshoro coal power project of 1320MW headed by ADB has exposed the bitter fact how costly Port Qasim and Sahiwal coal power projects under CPEC are, reveals …

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Pakistan, Afghanistan agree to resolve trade issues

ISLAMABAD -UNS: Pakistan and Afghanistan on Tuesday agreed that institutional mechanism between the two countries needed to be strengthened, saying holding of the much-awaited 7th Afghanistan Pakistan Transit Trade Coordination Authority Meeting by the Afghan side is need of the hour.  The agreement reached …

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