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Section: Pakistan

Germany warns Russia against ‘exploiting’ teen ‘rape’ case
Jan27

Germany warns Russia against ‘exploiting’ teen ‘rape’ case

BERLIN (AFP) – Germany and Russia traded barbs over a murky case involving the alleged rape of a teenager, with Berlin warning Wednesday against exploiting the allegations after Moscow hinted at an official cover-up.Foreign Minister Frank-Walter Steinmeier accused Russia of trying to inflame Germanys already heated national debate on...

France to ‘strengthen’ ties with Russia despite sanctions
Jan26

France to ‘strengthen’ ties with Russia despite sanctions

MOSCOW: France is working to strengthen its relations with Russia in spite of Western sanctions imposed on Moscow over the Ukraine crisis, French economy minister Emmanuel Macron said in Moscow Monday. …read more Source: The...

Russian GDP fell 3.7% in 2015: state statistics agency
Jan25

Russian GDP fell 3.7% in 2015: state statistics agency

MOSCOW (AFP) – Russias gross domestic product (GDP) fell 3.7 percent in 2015 as the countrys energy-dependent economy reeled from low oil prices, the state statistics agency said on Monday, citing preliminary data.The figure is in line with an earlier economy ministry estimate, cited by President Vladimir Putin at his annual press...

Moscow creates a pierce when US loosens a noose
Jan25

Moscow creates a pierce when US loosens a noose

When US President Obama was attracting Islamabad’s critique for his remarks on terror, presaging ‘decades of instability’ in a longtime ally, Russian Army Chief General Oleg Salyukov authorized holding troops exercises with Pakistan codenamed Indestructible Brotherhood. The initial ever Russian-Pakistani special war-games in alpine...

Stimulus hopes pump oil, stocks higher
Jan23

Stimulus hopes pump oil, stocks higher

World stock markets and oil prices rallied Friday, building on the previous day’s recovery sparked by European Central Bank hints of more eurozone stimulus. Tokyo’s Nikkei 225 index got the markets off to a positive start, surging nearly six per cent following a report in the Nikkei business daily that the ank of Japan was considering...

Saudis slam ‘irrational’ oil price as market tanks under $27
Jan22

Saudis slam ‘irrational’ oil price as market tanks under $27

LONDON (AFP) – The worlds biggest oil exporter Saudi Arabia declared this week that ultra-low oil prices were irrational as crude hit new 12-year lows under $27 on the global supply glut.The markets dramatic slump culminated on Wednesday with New York crude collapsing to $26.19 per barrel — a point last seen in May 2003.London Brent...

Russia sanctions could be lifted ‘in months’: Kerry
Jan22

Russia sanctions could be lifted ‘in months’: Kerry

DAVOS (AFP) – US Secretary of State John Kerry on Friday held out the prospect of lifting Western sanctions against Russia within months if the Minsk peace accord to end the conflict in Ukraine is fully implemented.With effort and with bona-fide legitimate intent to solve the problem on both sides, it is possible in these next months to...

Saudis slam ‘irrational’ oil price as market tanks under $27
Jan22

Saudis slam ‘irrational’ oil price as market tanks under $27

LONDON (AFP) – The worlds biggest oil exporter Saudi Arabia declared this week that ultra-low oil prices were irrational as crude hit new 12-year lows under $27 on the global supply glut.The markets dramatic slump culminated on Wednesday with New York crude collapsing to $26.19 per barrel — a point last seen in May 2003.London Brent...

Russia sanctions could be lifted ‘in months’: Kerry
Jan22

Russia sanctions could be lifted ‘in months’: Kerry

DAVOS (AFP) – US Secretary of State John Kerry on Friday held out the prospect of lifting Western sanctions against Russia within months if the Minsk peace accord to end the conflict in Ukraine is fully implemented.With effort and with bona-fide legitimate intent to solve the problem on both sides, it is possible in these next months to...

EU, European stocks gain as ECB hints at more stimulus
Jan22

EU, European stocks gain as ECB hints at more stimulus

NEW YORK (AFP) – European and US stocks staged a rebound Thursday on hints of additional European Central Bank stimulus and a rise in oil prices from 12-year lows.After plunging by 3.5 percent Wednesday, major European indices in Frankfurt, London and Paris shot up nearly two percent after the ECB signalled it stood ready to help if the...