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October 18, 2017 10:48 AM Brazil economic activity down more than expected in August

BRASILIA, Oct 18 (Reuters) - Economic activity in Brazil contracted at a faster pace than expected in August, central bank data showed on Wednesday, snapping a two-month run of increases and dampening optimism over an economic recovery. Activity fell 0.38 percent after seasonal adjustments, following a downwardly revised 0.36 percent increase the month

October 18, 2017 5:57 AM PM chairs meeting to apprise COAS about economic situation in country

National7 hours ago BY Monitoring Report ISLAMABAD: A high-level meeting chaired by Prime Minister Shahid Khaqan Abbasi was held on Tuesday to brief the Chief of the Army Staff General Qamar Javed Bajwa regarding the current economic state in the country. During the high-level meeting, military’s concerns over “sky-high debts” and “growing external 1

October 17, 2017 3:56 PM Will put institutions on right track after gaining power: Imran

MALAKAND: Pakistan Tehreek-e-Insaf Chairman Imran Khan said on Tuesday that his party will put the country’s institutions on the right track after winning the next general elections. While addressing a ceremony at Malakand University, the PTI chief said “we will transform NAB (National Accountability Bureau) and FBR (Federal Board of Revenue) first 2

October 17, 2017 1:14 PM Jahangir Tareen seems to have submitted fake documents, remarks CJP

ISLAMABAD: Chief Justice of Pakistan Saqib Nisar remarked that it seems Pakistan Tehreek-e-Insaf's Jahangir Tareen has submitted fake documents in his disqualification case being heard in Supreme Court. A three-member bench, headed by Chief Justice of Pakistan Saqib Nasir, heard the case on Tuesday. The CJP further remarked that some of the details in the documents

October 17, 2017 10:31 AM Fearing violence, many Afghan parents pull their daughters out of school

Security risks have led to the closure of more than 1,000 schools and fewer female teachers, report finds. KABUL, AFGHANISTAN – Three months ago, Mina, then in the 11th grade, was forced to end her studies in the southern province of Kandahar. After her family had heard that a female health worker was gunned down in broad daylight, they pulled her out of school

October 17, 2017 2:37 AM World Bank meets Pakistani delegation, reiterates support for economic reforms

The World Bank reiterated its supportive stance towards Pakistan and its economic reforms following a meeting Monday in Washington, D.C., with the country’s delegation. The global financial authority also mentioned — in a statement released consequent to the discussions at the World Bank-International Monetary Fund (IMF) Annual Meetings — that it would

October 17, 2017 1:30 AM Dar speaks out finally!

State of economy, Rules out seeking fresh loan, Says nothing to worry as State Bank holds around $14 billion in reserves ISLAMABAD - Finance Minister Ishaq Dar on Monday ruled out the possibility of approaching the International Monetary Fund (IMF) for a fresh loan programme saying that “we have to make economy self-sustained”. “There is nothing to worry 2

October 16, 2017 5:51 PM PML-N to decide about my resignation as minister: Dar

ISLAMABAD: Federal Minister for Finance and Economic Affairs Senator Mohammad Ishaq Dar on Monday said that it was prerogative of the Pakistan Muslim League-N and its leadership to decide whether he should continue his job as the minister or not. Addressing a press conference regarding economic progress during first quarter of the fiscal year 2018-19 at FBR House 2

October 16, 2017 1:07 PM Pakistan's foreign reserves level not worrisome: Ishaq Dar

ISLAMABAD: Finance Minister Ishaq Dar on Monday said that the country's foreign exchange reserves are not standing on worrisome levels anymore. "Our foreign reserves stand at 14 billion dollars," Dar said while addressing a press conference in Islamabad. "As far as the economic indicators are concerned, inflation is contained and interest rates are lowest 2

October 16, 2017 1:06 PM After bombing, Somalia fears renewed al-Shabab onslaught

KAMPALA, Uganda — As the toll rises above 300 from one of the world’s deadliest attacks in years, the al-Shabab extremist group has sent a powerful signal that the international focus on extremism can’t afford to overlook the African continent. Saturday’s truck bombing on a crowded Mogadishu street showed that al-Shabab, targeted for years by U.S. airstrikes