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News Desk
Economic Affairs Editor

News's Articles

English Speaking Union meet: Pakistanis moving in the right direction: Ambassador Sanchez

  A meeting of the English Speaking Union (ESU) was held at the residence of its member, Khalid Malik and nearly all members attended the event. The Secretary General of the Union MuzaffarQuereshi moderated the proceedings. The Spanish Ambassador to Pakistan, His Excellency Javier Carbajosa Sanchez was the chief guest. Welcoming the gathering, ESU President Retired Major General Masud Akram began by thanking Mr Malik for his generous offer to host the occasion. He then spoke of his aims to make the ESU a more vibrant and well known organization. He said that the Union promotes mutual advancement of education of the English-speaking peoples of the world, respecting their heritage, traditions and aspirations, the events and issues ...

June 10, 2015 at 12:53 am | News Desk

Balochistan: Does Budget Matter In Education?

“An investment in knowledge pays the best interest”. ~Benjamin Franklin Over the past few years, governors, policymakers and other elected officials are having to cut education spending due to immense budget deficits. Within Pakistan, Balochistan comprises 44% of land and only 5% of the total population. The indicators including weak development, low literacy rates and huge poverty levels, making Balochistan different from the rest of the province The government has been struggling for the last six years to endorse education but it still stands behind the other provinces. The educational system in Balochistan is categorized by low primary school enrollment, lack of access to secondary education, a shortage of middle and secondary...

June 10, 2015 at 12:46 am | News Desk

Stop Executions Please!

Initially, executions in Pakistan were carried out for terrorism related charges. However, in the wake of the Peshawar tragedy, the government of Pakistan decided to lift the moratorium on the10th. of March of this year and reinstated the heinous punishment for all death penalty offences. The PPP lead coalition government in 2008 placed a moratorium on executions following pressure on the government by the European Union and human rights’ groups.  On the 21st.of April, 17 inmates were executed in Pakistan, the highest number of executions in a single day since reversing of the country’s self-imposed ban on the death penalty in December after the Peshawar massacre that took more than 140 innocent lives. The prisoners were executed in...

June 10, 2015 at 12:39 am | News Desk

Budget 2015-16: Corridor projects to dominate $14b spending

In a budget dominated by the China-Pakistan Economic Corridor, Pakistan plans to allocate upwards of $14 billion in total development spending for fiscal year 2016, though remarkably only 20% of that will be financed by foreign lenders. The Annual Plan Coordination Committee (APCC) met on May 26, approved a Rs1,418 billion national development programme for the fiscal year that ends June 30, 2016, an allocation that is up 20% from the outgoing fiscal year’s budget. Foreign lenders will finance 20% of the national development programme and provide Rs283.4 billion loans during fiscal 2016. For the federal development budget, this ratio goes higher to 31%, mainly due to projects that are part of the China-Pakistan Economic Corridor (CP...

June 10, 2015 at 12:36 am | News Desk

Pathways To Terrorism

All had taken strikingly different journeys to violent extremist activity. People follow a pathway into radicalization, terrorism and terrorist organizations. Apparently the first stage involves an awareness of oppression. The second stage marks recognition that the oppression was social and therefore not unavoidable. The third stage is an impetus or realization that it is possible to act against the oppression. Ultimately, some conclude that working through or within the system to reform or improve it is not going to work and that self-help by violence is the only effective means for change. Based on an analysis of multiple militant extremist groups, there do appear to be some observable markers or stages in the processes that are commo...

June 10, 2015 at 12:31 am | News Desk

Views On China

China is going to partake in shaping our lives in a big way in the future. Despite being the third largest country in the world, China has remained shrouded in mystery, and for several centuries in the past, little was known about it. It was generally thought to be a fabled land, like we find in fairy-tales, hard to get at but still very real. Part of China’s seclusion from the rest of the world was because the Chinese had virtually no interactions with the nations outside its territory, and yet they were the inventors of some of the greatest inventions like papermaking, the compass, gunpowder and printing which changed the face of the earth. In days of antiquity i.e several centuries before the birth of Christ, China had excelled in mec...

June 10, 2015 at 12:23 am | News Desk

Using the Law of Creation to Live Your Purpose

Life is not something that simply happens to you. It happens for you and through you, only when you recognize and utilize its hands-on magic. The fundamental Law of Creation is something which applies to every soul that is manifested on this planet. Inescapable, it is also a beautiful and necessary part of life. Seen most commonly as a mysterious way for the universe to approve or deny the possibility of something, the Law of Creation is actually operational through your own hands, heart, and mind. Understanding the basic premises of the Law of Creation can help you to decide what your true purpose is and inspire you to actually live it. However, the law dictates that you must be present in your own life, taking responsibility for you...

June 10, 2015 at 12:09 am | News Desk

Worst Terrorist Attack On Bus in Karachi

KARACHI – The gunmen opened fire on the bus killing 41 people and several injured near Safoora Chowk in Karachi on Wednesday. Around eight to ten gunmen opened fire on the bus taking more than 50 passengers. One of the eye witnesses told that gunmen opened fire indiscriminately and killed 41 people traveling on bus. The gunmen managed to escaped after the incident. The whole area of Safoora Chowk gripped in high panic and fear as dead bodies hanging all around the bus. Rescue personnel shifted the victims to nearby hospitals where an emergency has been imposed. Five of the wounded succumbed to their wounds while en route to the hospital, according to rescue sources.     The News Tribe – UK-based bilingual news webs...

May 13, 2015 at 10:50 am | News Desk

Supersonic Heavy Transport Aircraft

MOSCOW – Moscow has started preparing supersonic heavy transport aircraft which will have ability to carry thousands of troops and tanks from one to another place at the speed of 2000 Km/h. The world has now moved towards new era of technology and development, where every country wants to take highs and advantages over the others. But Moscow has started building such aircraft with the help of which it would be able to transfer its troops and thousands of tanks in any country of the world in just seven hours. According to media reports, the heavy transport aircraft would also be able to lift the world’s heaviest tank Armata. The aircraft will be well versed with the stealth technology which helps it move without being into the ...

May 13, 2015 at 10:35 am | News Desk

Asif Zardari Has Life Threats In Rawalpindi

RAWALPINDI – The lawyer of Asif Ali Zardari, Farooq H. Naik, has said that Asif Zardari has life threat here in Rawalpindi, and he would be killed life Benazir Bhutto due to security lapses on Wednesday. He said that Asif Ali Zardari himself wants the case to be resolved and final decision would be declared, because its seventeenth year of the case and court has not given its last verdict yet. He said that my client, Asif Zardari, would come to court pertaining to high security measures. He said that Benazir was killed in Rawalpindi due to less security provided by the then government, now Asif Zardari is facing the same issue because security matters the most for him. He revealed that case has been in progress and court has grante...

May 13, 2015 at 10:02 am | News Desk

Another U-turn in Dawood Ibrahim Case

NEW DELHI- The Home Minister for India, Rajnath Singh, during his speech in Lok Sabha that we have credible reasons to believe that Dawood Ibrahim is in Pakistan, and we will bring him back at any cost on Monday. Dawood Ibrahim, the don responsible for the Mumbai attacks of 1993 causing the death of 300 individuals, is in Pakistan and we have credible information for his presence, he added. We would bring him back “no matter what the cost is”, he added. He said government has provided the documents to Pakistan regarding Dawood Ibrahim but Islamabad failed to take any action in this regard. He declared to inflict pressure on Pakistan at every level to get him arrested. This speech was given to defend the government against the ...

May 13, 2015 at 10:02 am | News Desk

Re-polling In Vacated Seat Of Azam Khan Hoti

PESHAWAR – The re-polling has started in the emptied seat of Senate from Khyber Pakhtunkhwa due to the death of Azam Khan Hoti on Wednesday. The seat fell vacant after the death of Azam Khan Hoti and the election is under way in the said constituency. The representative of Awami National Party (ANP), Mushtaq Ghani, said that morally opposition would not have come up with their candidate in the election. Media is not allowed to go inside the polling station for live coverage. The hall of Khyber Pakhtunkhwa is transferred into the polling station for the purpose of voting for the seat of senate. Polling time will be from 9am in the morning to 4 pm in the evening. One hundred and twenty two members of KPK assembly will cast their vote...

May 13, 2015 at 10:02 am | News Desk

Malik Riaz trying to make Mustafa Kamal Governor Sindh: Zulfiqar Mirza

KARACHI: Former Home Minister Zulfiqar Mirza has revealed that a few big name of the country are trying to make former Mayor Mustafa Kamal governor Sindh. Zulfiqar Mirza said that in those names business tycoon Malik Riaz’s name is on the top of the list who wants to see Kamal as governor of Sindh. He said that that Governor Sindh Dr Ishrat ul Ibad is wanted in the list and reveled that he was directly involved in Major Kaleem case. Demanding resignation from him is not but just another dram, he said. It is pertinent to mention here that, Muttahida Qaumi Movement (MQM) has demanded Dr Ishrat ul Ibad to step down from his governorship. The News Tribe – UK-based bilingual news website covering politics, technology, sports, he...

May 12, 2015 at 10:01 am | News Desk

Samsung Galaxy Note 2 to get Android 5.0 Lollipop update?

SEOUL: If you are a Galaxy Note 2 owner then we have great news for you as a few variants of the device is expected to receive the latest Android flavor Lollipop very soon. Several of Samsung’s regional arms have confirmed that the handset is going to receive this update while others say that it won’t. Earlier this week we saw similar conflicting reports from Samsung Gulf and Samsung Spain, with the former claiming the Galaxy Note 2 won’t get Lollipop and the latter saying that it most certainly will. According to Sammobile, no Lollipop builds for the Galaxy Note 2 have appeared on Samsung’s servers which suggests that the company may never release this update for the device. Samsung Danmark will have you believe...

May 12, 2015 at 10:01 am | News Desk

Apple iPad Pro to debut next year with new touch penal, report

WASHINGTON: The highly anticipated Apple iPad Pro 12.9 inch is expected to debut next year with new touch penal. Rumors of a massive iPad Pro have been making rounds for what seems, yet the purported slate is still quite elusive. Previous whispers pegged the launch for late 2015, but a new report now claims that Apple will in fact release the tablet next year. The purported iPad Pro will reportedly boast exciting new tech and come as a real powerhouse with productivity in mind, aiming to lure even more customers to Apple’s platform. The iPad will boast an enhanced touch panel with a new type of nano material, which would notably improve touch sensitivity while also reducing the costs of production. A new report from ETNews (via Gf...

May 12, 2015 at 10:01 am | News Desk

Pakistan; The Fastest Growing Muslim Economy

LONDON – According to ‘The Economist magazine’ the financial indicators published on Friday suggest that Pakistan is the fastest growing Muslim economy of the world. Pakistan has become the 5th fastest growing economy in the world with Gross Domestic Product (GDP) is growing at the rate of 5.7% in 2015. According to the publication of London based magazine, The Economist, India is leading the list of fastest growing countries with GDP at 7.6%. China, Philippines and Vietnam are at the second, third and fourth number with GDP 6.9%, 6.7% and 6.2% respectively. The interactive table of economics and financial indicators in ‘The Economist’ revealed that Pakistan is way ahead than larger Muslim economies in terms...

May 11, 2015 at 10:55 am | News Desk

RAW Establishes New Wing Against Pakistan

ISLAMABAD – Primary Indian intelligence agency “RAW” has formed a special desk or branch to influence China-Pakistan Economic Corridor (CPEC). The chief of Indian intelligence agency Rajinder Khanna, the office of which is located at the Lodhi Road in New Delhi, is personally supervising the activities of RAW in this regard. This would be the second grand operation of RAW after the creation of Bangladesh being first, to destabilize Pakistan through intelligence gathering, assisting the assassinations of renown personalities, fanning proxy war in Pakistan and also promoting anarchy through psychological operations. The chief intelligence agency of Pakistan has gathered the irrefutable facts in this regard. The total budge...

May 11, 2015 at 10:50 am | News Desk

Water Scarcity In Karachi

KARACHI – The people of Karachi are now into the High court after Sindh Assembly fails to resolve the issue of water scarcity in city on Monday. People file application in the Sindh High Court to that there is no grave shortage of Karachi, but government is making an artificial short fall of Water in Karachi. An applicant also revealed in an application to the Sindh High Court that there is endless water supply in the form houses near super high way. Applicant said that government is supplying water to only likely areas, while depriving the other areas from water supply. People screamed that they must be facing the revenge of supporting any specific political party.  The application has been received by the Sindh High Court, n...

May 11, 2015 at 10:05 am | News Desk

Capital Punishment Awarded To Shafqat Hussain

ISLAMABAD – The Islamabad High Court after a long time has finally awarded capital punishment to Shafqat Hussain. The High Court also rejected the proposal of forming a commission for the confirmation of the age of accused murderer. Justice Athar Minullah had penned down the decision on Friday on the appeal of Shafqat Hussain. In 2004, Shafqat Hussain had killed a 7 years old child after kidnapping him. The stay order against the execution of death penalty has been discharged by the court It should also be mentioned that the court gave verdict against the appeal of the murderer for the formation of a commission to confirm his age. The News Tribe – UK-based bilingual news website covering politics, technology, sports, health ...

May 11, 2015 at 10:01 am | News Desk

Bomb Blast In Bajaur Agency

BAJAUR AGENCY – Roadside bomb blasted in Tehsil Mamund in Khyber Agency on Monday, five including tribal leader killed in an attack. According to source, the bomb was placed on roadside in one of the car, and exploded with the help of remote. A very elder tribal leader Malik Muhammad Jan was also amongst those killed in an attack. The security forces are conducting search operation in the whole area after the deadly bomb attack.     The News Tribe – UK-based bilingual news website covering politics, technology, sports, health and lifestyle from US, Pakistan, Middle East and around the world Click here for more information The News Tribe

May 11, 2015 at 10:01 am | News Desk