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In celebration of Queen Elizabeth’s Diamond Jubilee, a mobile app is adding a royal touch to emails, texts and tweets by suggesting words that the British monarch would be most likely to use.
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World markets took a beating Monday as another setback for the US economic recovery sent investors fleeing from stocks.
Sony’s stock price fell below 1,000 yen Monday for the first time since 1980 as global markets slide but also a symptom of its decline since huge success with the Walkman three decades ago.
Pakistan Finance Minister Dr Abdul Hafeez Shaikh claimed that the government had succeeded in presenting a “good and balanced budget” that will provide relief to the people.
SYDNEY - Greece had its highest possible credit rating lowered by Moody’s Investors Service, which said there’s an increasing risk the country may exit the euro region.
As the fear of losing the forthcoming national elections — because of its bad economic policies and misgovernance — stares them in their eyes, the government of President Asif Ali Zardari and Prime Minister Yusuf Raza Gilani has presented a budget which, sadly, comprises reality with populist gimmicks.
Overseas pakistanis have come to help their motherland once again. While most economic indicators turned out to be negative, or hit by shortfalls, the only shining examples is overseas Pakistanis’ home remittances, which recorded a historic high.
Pakistani professionals and businessmen in the UAE have criticised their country’s federal budget for 2012-13 due to its inability to address the main economic issues and increasing the number of taxpayers.
Mobiles are becoming more powerful, wireless transmission speeds are increasing, network coverage is improving, and applications are delivering more functionality.
As may turns to June, this year is proving similar to 2011. Last year, signs of sustainable US recovery were snuffed out by eurozone summits after G-8 get-togethers that led to ever-declining confidence in the ability of the international community to prevent a liquidity crisis becoming a regional solvency crisis.