Islamabad: Pakistan Economy Watch has said that IMF (International Monetary Fund) is suffering from financial problems and preparing to get aid from wealthy nations. IMF has no option but to ask wealthy Asian nations for help. The fund’s lending capacity of $250 billion dollar and present reserves of $210 aren’t sufficient in comparison to global [...]
Continue reading...Tuesday, September 9, 2008
UNODC Executive Director Antonio Maria Costa warned that the perception that synthetic drugs are harmless can be dangerous. “While users experience increased confidence, sociability and energy, they can quickly become dependent and suffer serious mental health problems or even brain damage. Paranoia, kidney failure, violence, internal bleeding are among the side effects.” According to a [...]
Continue reading...Friday, June 6, 2008
BEIJING: India on Friday said it was ready to join hands with China to evolve a new flexible “security architecture” that will be “open” and “inclusive” to ensure peace and stability in Asia and beyond. “An open and inclusive architecture, which is flexible enough to accommodate the great diversity which exists in Asia, is needed,” [...]
Continue reading...Monday, May 5, 2008
SPAIN: The Asian countries have agreed to set up the foreign exchange pool of eighty billion dollars to meet another regional financial crisis. The consensus was reached in a meeting of the Finance Ministers of 13-nations organization, ASEAN in Spain. A joint statement issued after talks said China, Japan and South Korea would provide eighty [...]
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Monday, November 3, 2008
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