September 11, 2005	Sunday	Sha’aban 6, 1426

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G-20 wants subsidies eliminated: Agriculture produce BHURBAN, Sept 10: The G-20 ministers on Saturday called upon the richer countries in general and major subsidizers of agriculture produce in particular to respond to the group’s proposals in a constructive way for reforming their agricultural policies....		Dwindling returns discourage new investment in transport sector KARACHI, Sept 10: The public transport sector has not been able to attract the desired volume of investment over the last few years. Private sector operators in the transport business attribute...
Verification system from tomorrow: Trading on bourses KARACHI, Sept 10: The pre-trade verification system would be put into place from Monday (Sept 12) at the stock exchanges. That was one of the nine points on which market players...		Govt okays new gas management policy ISLAMABAD, Sept 10: The federal government has approved a new gas allocation and management policy for supplies to fertilizer units, independent power plants (IPPs), captive power plants and CNG stations, and...
State Life mulling 20-year investment bond KARACHI, Sept 10: The State Life Insurance Corporation (SLIC) is negotiating with the Debt Office of Finance Ministry for launching of a 20-year maturity government investment bond....		EU wants US to follow farm reform lead BRUSSELS, Sept 10: Europe’s trade and farm chiefs will next week urge the United States to match European Union reforms on farm spending to help pave the way for global trade talks later this year, the European Commission said on Friday....
Oil prices slump, gold strikes year-high LONDON, Sept 10: Oil prices plummeted this week after an agreement by industrial powers to release emergency crude reserves in the wake of Hurricane Katrina. Gold prices reached the highest level...		‘Global economy to remain under pressure’ CALGARY, Sept 10: Oil prices that surged past $70 a barrel in the aftermath of Hurricane Katrina will create some pressure on world economies, but not to a devastating degree, the central bankers of China, Canada and France said on Friday....
IMF approves Ecuador’s new economic policy QUITO, Sept 10: The International Monetary Fund should support Ecuador’s new economic policies which are geared toward ending political tensions and understand greater spending is not necessarily a threat to stability, Economy Minister Magdalena Barreiro said on Friday....		Canadian dollar shoots up TORONTO, Sept 10: The Canadian dollar flirted with 13-year highs on Friday after robust August employment data bolstered the view that the Bank of Canada will raise interest rates at least one more time this year....
Are producers preparing for the post-oil era? RIYADH, Sept 10: Are oil producers preparing for the post-oil era? That is question baffling many economists in the region. There are question marks about the reforms process....		Prices drift lower on cotton market KARACHI, Sept 10: Easier conditions prevailed on the cotton market on Saturday as spinners and mills kept to the sidelines anticipating further fall in the prices....
EU wants gas talks with Saudi Arabia: WTO accession RIYADH, Sept 10: Saudi Arabia’s trade deal with Washington removes its biggest hurdle to joining the World Trade Organization but a European Union official said on Saturday the oil giant must still address EU questions over Saudi gas prices....		Investment under CFS crosses limit KARACHI, Sept 10: The investment under the Continuous Funding System (CFS) on the Karachi Stock Exchange throughout the last week stayed on the finish line of Rs25 billion as investors opted...
PC issued notice to put off bidding: Javedan Cement KARACHI, Sept 10: The Sindh High Court on Saturday issued a notice to the Privatization Commission for Sept 13 in an application for cancellation of a meeting of bidders called to dispose of Javedan Cement Factory....		Iran to import more sugar TEHRAN, Sept 10: Iran will import 100,000 tons more sugar than expected in the year to March after cold weather slashed the cane crop in the southwestern province of Khuzestan, an official said on Saturday....
S. Arabia, US sign bilateral trade deal WASHINGTON, Sept 10: The United States and Saudi Arabia signed a bilateral agreement on Friday paving the way for the world’s largest oil producer and leading Opec member to join the...		Qatar signs LoI for 60 Airbus planes PARIS, Sept 10: Qatar Airways signed on Friday a letter of intent to buy 60 Airbus A350 jets, sealing a deal provisionally announced in June. The letter of intent crowns months of negotiations on the $10.6...
TCP buys sugar ISLAMABAD, Sept 10: The Trading Corporation of Pakistan said on Saturday that it bought two cargoes of 25,000 tons of white sugar at $355 and $362 a ton, C&F Karachi....		Electronic filing of ST returns launched LAHORE, Sept 10: The Central Board of Revenue on Saturday announced the launch of facility of electronic filing of sales tax returns for taxpayers of the Large Taxpayers Unit (LTU), Lahore....