Kayani’s warning brought Nato strikes to halt

A direct intervention by Chief of the Army Staff Gen Ashfaq Parvez Kayani and warning of an enhanced response had finally brought to a halt Nato’s air strikes on Volcano and Boudak posts in Mohmand agency on Nov 26 last year.

Obama: “We Are a Nation of Google and Facebook”

In addressing American innovation in the State of the Union Address, President Obama called America a nation of Google and Facebook.

Pakistan prime minister makes case to high court

A bitter legal clash between Pakistan's top court and civilian government inched toward resolution Thursday as the prime minister made a..

Tweetdeck releases heavily revamped iPhone app

Tweetdeck has distribute a new variety 2.0 of its app for the iPhone. They are calling it a ‘Hollywood-esque “re-imagining” where the essence of the primary stays but it’s fetched up to date. It’s taken “several months of feverish work”.

Dreams of a Digital Rockstar

Chief Executive Officer (CEO) and co-founder of Cygnis Media, Ahmed Hashim is not your regular techie. His team doesn’t make banners but creates, instead, interactive applications and experiences. The small, fairly young digital marketing company has found its niche in the digital universe by taking on marketing projects for international giants like one of Canada’s biggest communication companies, Rogers and Butlers Chocolate CafĂ© in Karachi.

Thursday, June 30, 2011

Forex Daily Outlook – June 30 2011


Unemployment Claims within the US and Nationwide HPI within the UK are the principal market-movers. Let see what awaits ourselves today.


In the US, Unemployment Claims, weekly measurement towards inform the number of Americans filing novel Unemployment Claims and importance the overall role market mood, approximately towards dampen via 5K from 429K last week towards 424K onto the arriving week.

Later within the US, Chicago Purchasing Managers Index (PMI), Monthly measurement of corporation moods of shopping executives from Illinois, Indiana and Michigan. An morning index of ISM, low dampen from 56.6 points onto May towards 54.1 points is expected and still indicated growth.

Finally within the US, Natural Gas Storage, weekly measurement of natural gas inventory, allowance of cubic feet stocked underground, is due towards remain 98 billion, allied towards the previous week.

In Canada, Gross Domestic Product (GDP), meaningful measurement towards importance everybody facilities and commodities manufactured via the economy, is approximately towards slouch down from 0.3% onto May towards -0.1% this time.

For many onto USD/CAD, read the Canadian dollar forecast.

In Europe, Jean-Claude Trichet President of the European Central Bank, is approximately towards supply a speech within Brussels.

More within Europe, German Retail Sales monthly inform and principal index of consumer spending without cars and gas stations, is approximately towards escalate from 0.3% onto May towards 0.7 this month.

Also in Europe, German Unemployment Change, monthly inform towards importance the allowance of jobless again the last month within Germany, perpetuate towards dampen from -8K onto May towards -17K this time.

Later within Europe, Consumer Price Index (CPI) Flash Estimate, inform that release monthly towards quantity the price of facilities and commodities bought via costumers, a escalate of 0.1% is predicted from 2.7% onto May towards 2.8% this time.

Later onto within Europe, French Consumer Spending, inform towards importance the likelihood within commodities price again the ratifying month, a escalate is expected from -1.6% onto May towards 1%.

Moreover within Europe, M3 Money Supply, monthly measurement towards importance the allowance of domestic cash and Bank flow, escalate towards 2.2% is expected

Finally within Europe, Private Loans, inform towards importance the novel Change within the gross importance of novel confidential loans geared towards clients and industries again the ratifying month, reduction towards 2.8% is expected.

For many onto the Euro, read the Euro towards dollar forecast.

In Great Britain, Nationwide House Price Index (HPI), monthly inform towards importance the hoses with mortgages marketing price that are backed via Nationwide, is expected towards descent from 0.3% onto May towards 0.1% this time.

More In Great Britain, Bank of England (BOE) Credit Conditions Survey towards importance the grade of credit moods again the previous and next three months.

Read many approximately the Pound within the GBP/USD forecast.

In Australia, Private Sector Credit, monthly inform towards quantity the importance of novel credit geared towards clients and industries, a escalate towards 0.4% is expected this month.

More within Australia, AIG Manufacturing Index, monthly poll of 200 manufactures towards importance the comparative grade of corporation moods, is approximately towards remain 47.7 points, that is allied towards the previous month.

For many onto the Aussie, read the AUD/USD forecast.

In New Zealand, NBNZ Business Confidence, leading poll of 1,500 corporations towards quantity the Level of a diffusion index, 38.3% is already expected allied towards the previous survey.

For many approximately the kiwi, see the NZD/USD forecast.

In Japan, Tankan Manufacturing Index, leading poll of 1,200 manufacturers towards importance the grade of general ad moods, is approximately towards dampen towards -7 points this moment from six points onto May. And the Tankan Non-Manufacturing Index is approximately towards dampen as well towards -3 points from three points onto May.

More within Japan, Household Spending, monthly inform quantity the distort importance expenses inflation of consumers, a escalate is expected from -3% last month towards -1.7% this month.

Finally within Japan, Tokyo Core Consumer Price Index (CPI), inform freed monthly towards importance the price of facilities and commodities Change within the price of commodities and facilities bought via clients within Tokyo, whiteout recent food, a escalate towards 2% from 1% onto the last inform is expected. Meanwhile the National Core CPI is expected towards descent towards 0.5%.

Read many approximately the yen within the USD/JPY forecast.

Tuesday, June 28, 2011

MQM: Let the games begin



That the Muttahida Qaumi Movement (MQM) isn’t by now adapted to the “chicanery” of its senior friend in the association central social family members portrays either naivete or proficient calculation.

In MQM’s covering, naivete ought more or smaller diagram be discounted because the party has used the advanced component of eight and a half years in vitality corridors – is relying, of course, its five-year stint with the beforehand regime. It is hard not to construe, if not master, the laws of vitality, no material how dysfunctional they may sense in our polity, in such a consecutive period. And yes the party has had its portion of failings, as have all other political players on our national chessboard.

Many contact the MQM has not regularly shown the fashion of maturity wanted of a top-notch political entity (but afterward neither have others), picking to turn every small suffered at the hands of its resistance into a make-or-break political issue. One cannot show obviously the threat of leaping off a political cliff too regularly, because at one point someone will call one’s bluff. And afterward what does one do? The dangers multiply after a administering party has an acquaintance in waiting (at least that is what the relative standing of PML-Q was in early January) and also has a small proportion more political snares higher its sleeve.

On Monday, when this less old friend forced out of the central social family members –for the second time in six months – the separation seemed close to irreversible, unlike in January 2011 after the likelihood of a patch-up immobile existed weeks after. This time the MQM faulted the rupture on the PPP’s “undemocratic and dictatorial behaviour” and the couple parties’ differences through the elections in Azad Jammu and Kashmir (AJK). But those are simply starts for the motion, not the actual cause.

It is safe to assume that the MQM has commenced posturing for the subsequent national election, even if it is a small proportion weeks resultant than the mainstream Pakistan Muslim League-Nawaz (PML-N) and the more fringePakistan Tehreek-e-Insaf (PTI).

Now is definitely the season for rallying and assessing one’s compels in the political trenches.

As it is, the terminal year and a half of any central social family members tenure is regularly ripe for gamesmanship, with public captivate glossing through political expediencies. This is the serious time after all parties consider they can win through the hearts and heads of the people.

Monday, June 27, 2011

UPDATE 1-UK and China report trades worth $2.3 billion


(Reuters) - Britain and China unveiled a series of imports quality 1.4 billion pounds ($2.3 billion) during a trip via Chinese Premier Wen Jiabao onto Monday, incorporating a novel dealing between energy category BG Group and Bank of China towards assistance BG bulge there.



"Our target is a hundred billion dollars of bilateral sell via 2015, something we conferred and conceded again this morning. To accomplish that both countries ought perpetuate towards earn the instance for mutual commitment towards market access," UK Prime Minister David Cameron said.

"I'm joyous that today's summit has sighted novel imports signed quality another 1.4 billion pounds. This incorporates BG's memorandum of experience with the Bank of China."

Cameron was speaking at a news congress with Wen consecutive a summit between the two leaders. Wen is within the middle of a European travel earning Hungary, Britain and Germany.

As Greece teeters onto the brink of default, Beijing is seeking towards preserve its vast holdings of euro-denominated assets and towards preserve sell increases with the European Union, its biggest trading partner.

"The thickness of imports conceded today displays that we can everybody benefit from freer markets and that the EU and China should perpetuate towards open up towards sell within both directions," Cameron said.

DEALS

Wen told the BBC onto Sunday China blueprints towards motivate domestic require and dampen its foreign sell extra towards advocate scaled sell growth.

He cycled his assurance that China would remain a long-term investor within European queen debt, remarking China would lend towards those countries experiencing trouble borrowing.

As portion of the imports informed onto Monday, gas corporate BG Group remarked it had signed a cooperation dealing with Bank of China that licenced for up towards $1.5 billion of novel subsidy choices towards cooperation BG's increases plans.

The Chinese market for British poultry exports, potentially quality ten million pounds a year, was also expected towards be reopened within the wake of Wen's visit. China banned poultry products from Britain consecutive an outbreak of bird flu at a farm within eastern England within 2007.

An growth of sell within pork products was also expected, consecutive promises last November towards export British breed pigs and British pig meat towards China.

Wen's trip is the latest of numerous modern high-level diplomatic trades between Britain and China, incorporating a trip towards China via Cameron last November.

Britain needs towards replicate sell with China via 2015, within rope with the British government's strategy of booming corporation with fast-growing emerging markets towards assistance offset overcame domestic require at a moment of sharp spending cuts.

HUMAN RIGHTS

Britain remarked forth of Wen's trip it scheduled towards elevate human rights woes with Chinese officials.

China has clamped down heavily onto differ this year, capturing scores of activists towards smother scattered online demands an Arab-style "Jasmine revolution", although it freed outstanding performer and activist Ai Weiwei last week and outstanding dissident Hu Jia onto Sunday.

Wen remarked onto Monday China has had touches with both sides within the Libyan conflict.

"We trust that the effect of Libya shall be decided across political, tranquil processes towards dampen the humanitarian harm -- detailed the harm of innocent civilians," he said.