21 January 2005	Friday	10 Zilhaj 1425

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EC likely to suspend duty on bed-linen KARACHI, Jan 20: The European Commission (EC) is likely to suspend the anti-dumping duty of 13.1 per cent imposed on bed-linen imports from Pakistan. ...		Disruption of gas may hit wheat output LAHORE, Jan 20: Officially assessed urea shortfall plus disruption of gas supply because of recent developments in Sui gas fields are likely to undermine wheat production by causing shortage of fertilizers ...
Eidul Azha offers new opportunities KARACHI, Jan 20: It is interesting to study the economics of 'bakra' eid. For some people the occassion is one in a year to make big money; the upcountry shepherd's; the urban butchers; the middlemen; the deep-freezer sellers and all classes of people who run in between. ...		An easy way out for religious obligation KARACHI, Jan 20: A plethora of religious, semi-religious and social service organisations have sprung up virtually in every neighbourhood of the city that offers to carry out the religious obligation of animal sacrifice ...
Major banks witness more cash withdrawals KARACHI, Jan 20: Five big local banks namely National Bank, Habib Bank, Muslim Commercial Bank, United Bank and Allied Bank meet the bulk of the additional requirement of cash during Eidul Azha, inquiries made at these banks show. ...		Buying of fridge, deep-freezer relatively slow KARACHI, Jan 20: The trend of buying fridge and deep-freezers before Eidul Azha continues but market reports indicate that the craze is not as intense as it used to be a few years back. ...
A time to display wealth KARACHI, Jan 20: Of all the sheep and cow breeders who descent from upcountry to Karachi-the city of opportunity--at least one man goes back laughing all the way (not to the bank) but to his village. ...		India, Chile to boost trade NEW DELHI, Jan 20: India and Chile on Thursday signed three agreements including one to galvanise trade, which at $400 million was far below potential, officials of both countries said. ...
Oil markets getting tighter RIYADH, Jan 20: Opec production cut, effective from January 1, and continued production problems at several places are starting to have impact on the global crude markets and tightening oil markets. ...		OECD warns Japan against high yen TOKYO, Jan 20: Japan's economy will continue to face challenges, with a sharp appreciation of the yen posing a large risk to the current recovery as it hurts exports, the country's main driver, the OECD said Thursday. ...