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Pakistan, Qatar clinch deal to import 500mcfeet LPG daily
KARACHI – The energy-starved Pakistan has signed a Memorandum of Understanding (MoU) with the government of Qatar for import of 500 million cubic feet of Liquefied Natural Gas (LNG) per day.
This was stated by Prime Minister Yusuf Raza...
We are ready to help solve EU debt crisis: China
CHINA: China’s Premier Wen Jiabao said Tuesday his country was ready to increase its participation in efforts to resolve Europe’s debt crisis, after holding talks with EU leaders in Beijing.
Wen said China wanted to see Europe —...
Industrial growth slows to 1.8%
NEW DELHI: Industrial output growth slowed to 1.8% in December due to sustained sluggishness in the manufacturing sector and decline in mining and capital goods sectors.
Data released by the Central Statistics Office on Friday showed the index...
UK economy looking at recession
Official figures reveal that the British economy faces a looming double-dip recession, having shrunk by 0.2 percent in the last quarter.
Figures released by Britain’s Office of National Statistics shows that the British economy contracted...
Moving forward: Indian fuel may propel trade ties
New Delhi offers to export petrol and diesel to Pakistan.
NEW DEHLI: Economic ties between Pakistan and India were already warming up – further acceleration may now be provided by Indian fuel – literally.
The country offered to export petrol...