Wagah flag lowering ceremony held amid chants of Pakistan Zindabad

Posted by on Aug 14, 2015 | Leave a Comment

LAHORE: A large number of people attended flag lowering ceremony at the Wagah Border on Friday as nation celebrated its 68th independence day. Jawans of paramilitary force lowered the flag amid chants of Pakistan Zindabad from rejoicing children, women and elderly. A large number of people including women and children attended the grand ceremony with their faces painted with Pakistani flags. View full post on www.geo.tv  Read More →

China weakens yuan amid economic and reform boost

Posted by on Aug 11, 2015 | Leave a Comment

Shanghai: China´s central bank on Tuesday devalued its yuan currency by nearly two percent against the US dollar, as authorities seek to push market reforms and bolster the world´s second-largest economy. The surprise move marked the biggest drop since China reformed its currency system in 2005 by unpegging the yuan — also known as the renminbi (RMB) — from the greenback. It should make the country´s... 

FIFA decides election date amid bribes crisis

Posted by on Jul 20, 2015 | Leave a Comment

Zurich: FIFA leaders met Monday to decide a date for an election to replace president Sepp Blatter and reform steps as football´s world body confronts its biggest corruption crisis. Blatter was to announce the date after the meeting at the FIFA headquarters in Zurich, which came just two days after a former vice president Jeffrey Webb appeared in a New York court accused of taking millions of dollars in bribes. The... 

Oil prices drop amid high US output

Posted by on Jul 03, 2015 | Leave a Comment

London: Oil prices fell on Friday with the focus on high US output as traders looked ahead to Greece´s weekend referendum that could determine whether it remains in the eurozone. West Texas Intermediate for August delivery fell 35 cents to $56.58 a barrel compared with Thursday´s close. Brent North Sea crude for August dropped 44 cents to stand at $61.63 a barrel in London afternoon deals. Traders are worried about... 

Washington Navy Yard on lockdown amid reports of shooter

Posted by on Jul 02, 2015 | Leave a Comment

WASHINGTON: The Navy Yard in Washington was put on lockdown Thursday amid unconfirmed reports of an active gunman on the military facility, the scene of a deadly shooting two years ago, the US Navy said. The lockdown comes amid security jitters as the United States prepares for the July 4 Independence Day holiday, with major festivities planned in the capital. A Navy officer who was inside the complex told CNN people... 

Defiant Blatter wins FIFA vote amid corruption storm

Posted by on May 30, 2015 | Leave a Comment

ZURICH: Sepp Blatter won a fifth term as FIFA president on Friday in a dramatic end to an angry campaign dominated by a corruption storm that engulfed the leadership of world football. His challenger Prince Ali bin al Hussein withdrew from the race after preventing Blatter from getting the required majority in the first round of voting. Blatter, who had defied calls to resign, raised his arms in triumph and promised the... 

Senate passes Gas Infrastructure Development Cess bill amid protest

Posted by on May 20, 2015 | Leave a Comment

ISLAMABAD: Following its approval from National Assembly, the lower house of the parliament, the upper house Senate on Wednesday also passed the Gas Infrastructure Development Cess (GIDC) bill 2015 amid protest from some opposition members. During the discussion, members of opposition parties criticized the government for presenting the bill in the house and urged that it should be presented in Council of Common Interest... 

US weapons ‘expedited’ to Iraq amid IS advance Biden

Posted by on May 16, 2015 | Leave a Comment

WASHINGTON: The United States is sending “continued and expedited” weapons to Iraq, Vice President Joe Biden told Prime Minister Haider al-Abadi on Friday, amid a major IS group advance. The phone call took place after IS seized a government compound in the city of Ramadi earlier in the day, edging closer to what would be their biggest victory in Iraq this year. Biden thanked Abadi “for his steadfast... 

US oil production ‘important’ amid clean energy transition Obama

Posted by on May 15, 2015 | Leave a Comment

WASHINGTON: President Barack Obama Thursday called US oil production an “important” source of energy as America transitions towards cleaner resources, defending his move to allow petroleum giant Shell to drill in the Alaskan Arctic. Obama´s administration gave the petroleum giant a green light three days ago to explore the Chukchi Sea near Alaska — as long as the Anglo-Dutch firm has the correct permits... 

Sri Lanka selectors quit amid cleanup efforts

Posted by on Apr 03, 2015 | Leave a Comment

COLOMBO: Sri Lanka´s cricket selectors, headed by former skipper Sanath Jayasuriya, quit Friday to allow new management to take over the island´s cricket governing body, which has been mired in allegations of widespread corruption. Jayasuriya, 45, has been accused of politicising the game after he became a member of parliament from president Mahinda Rajapakse´s party following his retirement from the game in... 


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