Russia’s position is well-known. It is balanced and consistent and completely logical.” Dmitry Peskov, spokesman of Russian President Vladimir Putin   The spokesman of Russian President Vladimir Putin says Moscow will not change its stance toward Syria under “someone’s pressure.” Dmitry Peskov said on Thursday that Russia’s position regarding the Syrian issue is “well-known… balanced and consistent and ...

The US Commerce Department has announced that the country’s economic growth slowed to 1.9 percent in the first quarter of 2012. ...

13 people have been killed within the last 24 hours in Karachi. KARACHI: Target killings continued in Karachi, as one Rangers sub-inspector and four other people were killed, Thirteen people have been killed within the last 24 hours. Unidentified people open fired near Korangi No 2.5 area, killing Ranger’s Sub-Inspector Abdul Hameed Chachar. Firing in the area of Napier, close to Spencer Eye Hospital, left ...

ISLAMABAD: The government on Thursday issued a notification to reduce the prices of the petroleum products. The price of petrol will be reduced by three rupees and 39 paisas per litre. Per litre price of light diesel has been reduced by five rupees and 84 paisas while kerosene oil’s price has been reduced by five rupees and ninety paisas per litre, the notification from oil and gas regulatory authority (OGR ...

Highlighting and politicizing a technical issue indicates certain attempts to contaminate the atmosphere of constructive cooperation between Iran and the IAEA.”   Iran’s Permanent Representative to the IAEA Ali-Asghar Soltanieh   Iran’s Permanent Representative to the International Atomic Energy Agency (IAEA) Ali-Asghar Soltanieh has denounced efforts by some countries to manipulate the cooperatio ...

Finance Minister Abdul Hafeez Shaikh holds a copy of the "Pakistan Economic Survey 2011-12" report during a press conference in Islamabad on May 31, 2012. ISLAMABAD: Terming it the highest in the past three years, Finance Minister Abdul Hafeez Shaikh announced that the government achieved a growth rate of 3.7% this year as compared to 3% last year. “It has been constantly growing, but not as fast as we want ...

Another US-led soldier with the NATO forces has been killed in a bomb explosion in southern Afghanistan, says the Western military coalition. ...

Iranian President Mahmoud Ahmadinejad has said enriching uranium up to 20 percent is the Islamic Republic’s right under the international law. “Producing 20-percent-enriched uranium is our legal right, although, we are not interested in making use of this right,” Ahmadinejad stated in an interview with the French news channel, France 24 in Tehran on Wednesday. The Iranian president noted that under the Inte ...

Militant commander says Rs2 million were a fine imposed on Afridi for overcharging patients. PESHAWAR: The militants accused in court of conspiring with Dr Shakil Afridi who was recruited by the CIA to find Osama bin Laden said Thursday they had nothing to do with him and would kill him if they had the chance. Shakil Afridi was sentenced to 33 years in jail after he was found guilty of treason. Afridi was c ...

The euro has slumped to a two-year low versus the US dollar amid fears that Spain could be forced into asking for a bailout for its ailing banks. The single currency sank below 1.24 dollars on Wednesday, touching a low point last seen on July 6, 2010. As the Spanish economic turmoil continues to grow, its borrowing rates approached the 7 percent mark considered unsustainable for governments to service their ...