WASHINGTON: The United States trade deficit increased sharply in September, to $41.8 billion, as imports swelled, the Commerce Department reported Thursday. The increase in the trade gap was much larger than analysts expected, with the average estimate pegged at $39.1 billion. The Commerce Department slightly downwardly revised the August trade deficit to $38.7 billion, previously estimated at $38.8 billion. In September, US imports jumped $2.7 billion from the prior month to $230.7 billion. Exports fell to $188.9 billion from $189.2 billion in August. Ian Shepherdson of Pantheon Macroeconomics said the report was “worse than expected” and implied the Commerce Department would downwardly revise its estimate for third-quarter eco...
November 15, 2013 at 1:04 am | News Desk
DUBAI: South Africa beat Pakistan by 9 wickets in first of two Twenty 20 (T20) played at Dubai International stadium. Pakistan won the toss and elected to bat first, Green shirts have the horrible start as they loss top 4 batsmen for 21 runs. Umar Akmal tried his level best to guide Green shirts towards a respectable total but only manage to add 49 runs while Shoaib Malik scored 12 runs. Pakistan made 98 runs on loss of 9 wickets. South Africa in replay, reached the total comfortably on loss of wicket. Quinton de Kock made unbeaten 48 runs along with skipper Faf du Plessis’s 37 runs knock guide South Africa to a comfortable 9 wickets victory. South Africa Lead 2 matches series 1-0. Here is the detail score of the match: Pakistan ...
November 14, 2013 at 1:01 am | News Desk
DUBAI: Proteas presented a destructive art against the Green Shirt with their powerful seamer attack which crippled the a disappointing Pakistani weak batting line in first T20 in Dubai International Stadium. Pakistan won the toss and elected to bat first, Green shirts have the horrible start as they loss top 4 batsmen for 21 runs. Umar Akmal tried his level best to guide Green shirts towards a respectable total but only manage to add 49 runs while Shoaib Malik scored 12 runs. Pakistan made 98 runs on loss of 9 wickets. South Africa in replay, reached the total comfortably on loss of wicket. Quinton de Kock made unbeaten 48 runs along with skipper Faf du Plessis’s 37 runs knock guide South Africa to a comfortable 9 wickets victory. S...
November 14, 2013 at 1:01 am | News Desk
KARACHI: Many injured including a child, 2 journalists and security personnel in North Nazimabad area of Karachi on Wednesday night. According to TheNewsTribe’s correspondent from Pakistan’s largest city Karachi “twin blasts reported in Pahar Ganj area, located in North Nazimabad town of the city”. Rescue workers claimed that at least 8 people injured in the incident. Police told the media that twin blasts have reported in the same area during 9pm and 10pm (PST). Local police also confirms that two people injured in first blasts while 8 have been reported injured in the second incident. The News Tribe – UK-based bilingual news website covering politics, technology, sports, health and lifestyle from US, Pakista...
November 14, 2013 at 1:01 am | News Desk
A camel in Saudi Arabia has been diagnosed with Mers Virus. This virus recently came into the scene in the Middle East and has already taken 64 lives all over the world. According to the Saudi Health Ministry, the person who owned this camel was also infected by Mers virus. However, there is still no evidence that suggests camels are responsible for spreading this virus among human beings. Mers (Middle East respiratory syndrome) virus attack respiratory system of animal and humans. Experts think that it’s not contagious as there were few cases but there is a possibility that this virus transfer from a person to another through coughs and sneezes of an affected soul. Since September 2012, a total of 153 cases of Mers coronavirus were ...
November 13, 2013 at 1:56 am | News Desk
ISLAMABAD: The Sustainable Development Policy Institute (SDPI) has urged the government to re-negotiate with Iran on gas pricing formula and delink it from crude oil prices. In a press conference, Executive Director SDPI Abid Suleri said the government must take initiative in response to the statement of Managing Director of state-owned Iranian National Gas Company Hamid Raza who said Iran was ready to revise gas pricing formula with Pakistan. He said keeping in view the energy needs of the country, Pakistan-Iran gas pipeline project is the best among all other options available including Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. He, however, raised questions on the existing pricing mechanism and rates agreed betwee...
November 13, 2013 at 1:01 am | News Desk
NEW DELHI: India’s Mars spacecraft was “successfully” raised into a higher orbit around Earth early on Tuesday, after a brief engine failure during an earlier attempt, the space agency said. The Mars Orbiter Mission, which blasted off on November 5 for a 11-month trip to the Red Planet, is being launched on its way via an unusual “slingshot” method for interplanetary journeys. Lacking a large enough rocket to blast directly out of Earth’s atmosphere and gravitational pull, the Indian spacecraft is orbiting Earth until the end of the month while building up enough velocity to break free. On Tuesday, the spacecraft completed a fourth repositioning to take it 100,000 kilometres (62,000 miles) from Earth, aft...
November 13, 2013 at 1:01 am | News Desk
LONDON: Malala Yousufzai, the Pakistani schoolgirl activist, who was shot in the head by militants for campaigning for girls education, has been named one of 2013’ s Glamour Women of the Year. Glamour magazine normally waits until December to name its recipients but in honour of “Day of the Girl,” it decided to announce that Malala is one of its 2013 Women of the Year. Malala Fund will be the recipient of money raised by the Women of the Year Fund initiative which will help to support girls’ education globally.She was also a favourite among experts and betting agencies for the Nobel Peace Prize 2013 but lost it to the Organisation for the Prohibition of Chemical Weapons (OPCW). Despite losing out on the Nobel...
November 13, 2013 at 1:01 am | News Desk
Warsaw: Nations launched a new round of talks Monday for a 2015 deal to cut Earth-warming greenhouse gas emissions, in the aftermath of a devastating Philippines typhoon the UN’s climate chief labelled “sobering”. Christiana Figueres urged progress at the notoriously fractious talks amid a slew of new warnings of potentially disastrous global warming as a Filipino negotiator made a tearful undertaking to fast until the talks yield a tangible result. “What happens in this stadium (talks venue) is not a game. There are not two sides but the whole of humanity. There are no winners and losers, we all either win or lose in the future we make for ourselves,” said Figueres, head of the UN Framework Convention on Clima...
November 12, 2013 at 1:14 am | News Desk
Los Angeles: The dystopian universe of “The Hunger Games” returns to cinema screens Monday, aiming to harness the star power of Oscar-winning actress Jennifer Lawrence and convey an unambiguous message of youthful rebellion. After the phenomenal success in 2012 of the first film adapted from Suzanne Collins’ trilogy of novels, Lawrence returns as Katniss Everdeen, the teenage heroine pitched into a deadly battle for survival in the macabre post-apocalyptic kingdom of Panem. Produced by Lionsgate studio, “The Hunger Games: Catching Fire” will be looking to match the stellar performance of the first installment of the franchise, which took in $693 million worldwide last year. The film makes its global premiere in...
November 12, 2013 at 1:01 am | News Desk
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