US to move warships to Asia-Pacific under new strategy

The United States will move the majority of its Navy warships to the Asia-Pacific region by 2020, as part of a new military strategy to increase US presence in Asia, Defense Secretary says. Speaking at the annual security conference in Singapore on Saturday, Leon Panetta said the Pentagon will deploy six more aircraft carriers and a majority of its cruisers, destroyers and submarines and littoral combat shi ...

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Allocations, in the time of war: A modest fifth of the budget goes to defence

Pakistan allocated a lion’s share of Rs643 billion to the defence budget for fiscal year 2013. ISLAMABAD: With an active war in the immediate neighbourhood, and militancy within its borders, Pakistan allocated a lion’s share of Rs643 billion to the defence budget for fiscal year 2013. The allocation for upcoming fiscal, however, is 10.2%, or Rs59 billion, higher than allocation for the outgoing year, Rs584 ...

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Mubarak supporters and opponents hold rallies outside Cairo court

Supporters and opponents of former Egyptian President Hosni Mubarak stage protests outside a Cairo court as it is deciding on the final verdict against the deposed leader who is facing multiple charges ...

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Two Palestinians killed in separate Israeli attacks on Gaza

At least two Palestinians have been killed and three others injured in two separate Israeli attacks on the besieged Gaza Strip. The first Palestinian victim, identified as 20-year-old Ahmed Abu Nasser, was shot dead by Israeli troops near the security fence on Friday. The Israeli Army claimed that Nasser cut through the border fence and opened fire on Israeli troops, who then shot back. One Israeli soldier ...

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Pakistani designers in Dubai: Fashion forward

Pakistani multi-brand stores ready to explore Dubai markets. KARACHI:For Pakistani fashion, the most predictable step forward is the expansion of the retail business in Dubai. While one must give credit to Zahir Rahimtoola’s Labels for taking this giant leap three years ago by initiating a store within a store concept Studio 8 in Dubai, this year one shall see the other three fashion retail stores: The Desi ...

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US adds 69,000 jobs in May, jobless rate up to 8.2 per cent

The labor market of the world’s largest economy softened dramatically in the current second quarter. WASHINGTON: The United States added a scant 69,000 jobs in May and the jobless rate rose to 8.2 per cent, the government said Friday in a dismal report spelling trouble for President Barack Obama’s reelection bid. The dramatically weak numbers signaled that the much hoped-for recovery in the job market has s ...

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Many moods of SRK

Shah Rukh Khan is on top of the world after his team Kolkata Knight Riders won the IPL season 5. Check out the star during a press conference at his residence in Mumbai. ...

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Microsoft launches Windows 8 release preview

A worker prepares the logo on the Microsoft stand on the CeBIT computer fair in Hanover. Microsoft Corp appears to be on track to release its new Windows 8 operating system in time for the crucial U.S. holiday shopping season after making a "release preview" of the new code available for download on Thursday. Windows 8 is the latest version of the flagship product, which still provides almost half of the wo ...

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Report confirms, US, Israel behind Stuxnet cyberattack

Stuxnet had directly targeted Iranian systems, using systems from German company Siemens. WASHINGTON: US President Barack Obama accelerated cyberattacks on Iran’s nuclear program and expanded the assault even after the Stuxnet virus accidentally escaped in 2010, the New York Times reported Friday. The operation, begun under president George W. Bush and codenamed “Olympic Games,” is the first known sustained ...

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‘Negotiated solution’ can end Syria crisis: Putin

Russian President Vladimir Putin has once again expressed opposition to foreign military intervention in Syria, saying nothing can be imposed by force. Addressing a press conference after meeting German Chancellor Angela Merkel in Berlin, Putin said on Friday that a ''negotiated solution'' is the only way to end Syria crisis. "This is what we talked about with the German chancellor, to find a political solu ...

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