World donors’ conditional pledge of $4bn
WASHINGTON, Oct 16: The international community has agreed to provide $4 billion that Pakistan needs to avoid bankruptcy, but in return Islamabad will have to undertake a series of painful economic reforms....
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Beijing to help ward off crisis
BEIJING, Oct 16: China vowed on Thursday to do what it could to help Pakistan avert financial disaster as President Asif Ali Zardari continued an official visit aimed at rustling up crucial Chinese investments....
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Agreement kindles hope of peace in Kurram
ISLAMABAD, Oct 16: A grand jirga of Kurram Agency has brokered a peace deal between warring sectarian groups in the region....
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Food inflation has pushed 17m more Pakistanis into poverty, says Oxfam
ISLAMABAD, Oct 16: The poorest one-fifth of the country’s population spends 50 to 58 per cent of its income on buying cereal. The skyrocketing wheat prices, therefore, may become a matter...
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Police station in Mingora hit by rockets, suicide blast: Four security personnel killed
MINGORA, Oct 16: At least four security personnel were killed and 28 others wounded when a police station here came under a rocket attack, followed by a suicide bombing late on Wednesday night....
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Two foreigners killed in missile attack
WANA, Oct 16: A missile attack reportedly by a drone on a car and residential compounds in Sam area of South Waziristan killed two foreigners on Thursday....
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Accord with India on joint border patrol
LAHORE, Oct 16: Border forces of Pakistan and India decided on Thursday to halt defence-related works on both sides, start joint patrol to curb smuggling and repatriate as early as possible people crossing the border inadvertently....
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Fazl opposes use of force, offers to mediate: Parliament debate on terror war begins
ISLAMABAD, Oct 16: Jamiat Ulema-i-Islam chief Maulana Fazlur Rahman has offered to act as an intermediary if the government ‘shows sincerity’ in holding peace talks with Taliban....
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Govts told to meaningfully address crisis
UNITED NATIONS, Oct 16: The UN on Thursday sought to draw world’s attention to hunger which affects millions daily and kills a child every six seconds....
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Development tax imposed on diesel, kerosene
ISLAMABAD, Oct 16: The government on Thursday imposed petroleum development levy on diesel and kerosene and increased its ratio on petrol and high octane blending component (HOBC)....
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Funds for war zones’ development wasted, says report
LONDON, Oct 16: A National Audit Office (NAO) investigative report published on Thursday has found that millions spent by the Department for International Development (DFID) in developing countries and war zones...
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Stocks slide as data spur recession jitters
NEW YORK, Oct 16: Economic data pointing to a US recession shook markets on Thursday, reviving an aversion to risk and sending global stocks lower....
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All pilgrims to get polio drops in S. Arabia
LAHORE, Oct 16: The 85,000 Pakistani Haj pilgrims will be administered oral polio vaccine (OPV) on reaching Saudi Arabia next month....
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New polio vaccine four times more effective
BOSTON, Oct 16: A new vaccine that targets the most common form of the polio virus works up to four times better than the conventional vaccine that tries to protect against...
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Vote today for five UNSC seats
UNITED NATIONS, Oct 16: The UN General Assembly votes on Friday to choose five new non-permanent members of the powerful Security Council, with all eyes on the contest between Iran and Japan for the lone Asian seat up for grabs....
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Shaukat Aziz assails IMF role
MANILA, Oct 16: Former prime minister Shaukat Aziz accused the International Monetary Fund on Thursday of failing to show leadership during what he described as a “historic” global financial crisis....
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Checks put in place to streamline flour supply: More wheat from Punjab sought
ISLAMABAD, Oct 16: The capital administration on Thursday asked the Punjab government to increase wheat quota for all flour mills in Islamabad, and decided to deploy its officials at the grinding units to monitor supply of flour in the city....
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Food claims 50pc expenditure of average Pakistani: Poverty eradication day
RAWALPINDI, Oct 15: As more than 1.4 billion people around the world live on less than 1.25 dollars a day, the world community commemorates the International Day for the Eradication of...
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