Tag Archives: Weak

Punjab LG system shadow of former self

Instead of empowering the local bodies or making them more powerful than what used to be the case under Pervez Musharraf, the local government system adopted recently by the Punjab assembly is

Euro weaker in Asian trade

The euro weakened in Asian trade on Tuesday as markets largely shrugged off a eurozone finance ministers’ deal to bail out debt-riddled Spain, with the yen getting a safe-haven boost. The common

Sudan flashpoint region may see weak polls

KHARTOUM – Observers on Tuesday expressed concern that long-delayed elections in Sudan’s key oil-producing South Kordofan state could be weakened by low voter turnout and confusing procedures.
The border area saw the fiercest battles during Africa’s longest civil war between Sudan’s north and south and will likely contribute most of the north’s future oil production after the south, where 75 percent of Sudan’s current 500,000 barrels per day production lies, secedes in July.

India on weak ground to oppose EU trade concessions

KARACHI – India, while opposing the trade concession to Pakistan granted by European Union (EU) in the World Trade Organisation (WTO) is in a weaker position to oppose the draft bill. According to experts, India which has shown serious reservations over the draft bill forwarded by EU for unilateral market access to Pakistan citing the contravention of World Trade Organization’s (WTO) rules, could not muster adequate points to back up its position in the first session of WTO. Given

Speakers seek equal rights for weak segments of society

PESHAWAR – Speakers at a seminar here on Sunday urged upon government to ensure the supremacy of the law and equal rights of the citizens and eliminate indiscrimination on the basis of gender and cast.
The seminar was held by an NGO called Shed. The moot was titled “Voice for Peace”. Speakers said that government had totally failed in providing security, justice and maintaining law and order situation in the country and hence giving rise to the killings and insecurity increasing

Euro stays weak as European debt worries linger

TOKYO: The euro stayed under pressure against other currencies in Asia on Thursday as investors remained wary of euro zone debt problems, dealers said.
A stocks rally led by positive US data on Wednesday took the sting out of recent concern over sovereign debts in Ireland and other European nations as well as tensions on the Korean peninsula.
However, the euro fell back to $1.3318 in Tokyo midday trade from $1.3335 in New York late Wednesday and to 111.13 yen from 111.32-42

Oil gains fresh fillip from weak dollar

LONDON: Oil rose for a second straight session on Monday, boosted by the dollar’s continuing fall against a range of currencies, which outweighed news that China had tightened its monetary policy. Prices touched a five-month intra-day high of $84.43 last week.
Weakness in the greenback boosts the dollar value of oil, which is usually traded in the US currency.
Oil was “in a kind of win-win situation”, where weak economic data supported prices by increasing expectations, but