Search Results for: Pakistan

BY SAEED AKHTAR BALOCH

PAKISTAN’s automobile industry, contributing 2.8 % to the country’s GDP by financial year (FY) 2006-7, has grown impressively this decade. But the sector’s growth may turn negative this year because of high inflation, especially rising steel prices, political uncertainty and overall economic recession in Pakistan and elsewhere.…

BY PAUL COCHRANE

THE SEPTEMBER 11, 2001 attacks on the US resulted in a raft of regulations to curb terrorist financing, but seven years on Al Qaeda is still at large, has adapted to the new regulatory environment to raise funds, and morphed into an international terrorist Hydra.…

BY PACIFICA GODDARD

CHINA’S entry into the World Trade Organisation (WTO) in 2002 and the recent end of quotas in the US and European markets have created gigantic changes in the textile industry worldwide, with developing markets like those in Latin America expected to suffer the most from these shifts.…

BY RAGHAVENDRA VERMA, in New Delhi; SAEED AKHTAR BALOCH, in Lahore; and KEITH NOYAHR, in Colombo

THE SOUTH Asian knitwear industry is experienced mixed fortunes at present, with the impact of China’s production boom and the global liberalisation of the textile sector still changing sub-continental fortunes.…

BY KEITH NUTHALL

ETHIOPIA COMMODITY EXCHANGE OPENS

ETHIOPIA has opened a commodity exchange, designed to bring order to the country’s often chaotic food markets. Their informality effectively forces farmers to sell locally to traders they know and trust. This prevents commodities moving from regions where there is abundance to those where there are shortages, intensifying the risk of famine and for prices to plummet in districts with a production glut.…

BY KEITH NUTHALL

A GLOBAL initiative is to be launched allowing developing countries to acquire nuclear power, without the concerns associated with proliferation and security that have followed the use of this technology in North Korea, Pakistan, Iran and elsewhere. Kuwait has become the latest country to back a proposed multinational nuclear fuel bank under International Atomic Energy Agency (IAEA) management, with the emirate offering US$10 million.…

BY PAUL COCHRANE

SINCE the USA-led military intervention in 2001 helped overthrow the Taliban region in Afghanistan, the country has made important steps to curb money laundering and terrorist financing. In 2004, anti-money laundering (AML) and combating terrorist financing (CTF) legislation was enacted, and a Financial Investigation Unit (FIU) established.…

BY PAUL COCHRANE, in Damascus and Beirut, and HELENA FLUSFELDER, in Jerusalem

INTRODUCTION AND THE GULF

THE DENIM sector in the Middle East is as diverse as it is fragmented, with strong demand in the Gulf and Israel for major brand names and the latest trends, while in the less economically developed parts of the Levant international brands are of less importance than style.…

By Mark Godfrey in Beijing

No country has added nuclear power like energy-hungry China. Neighbouring North Korea had more nuclear power capacity than China in 2000 (as did Taiwan). But by 2010, according to the US government-affiliated Energy Information Administration, China will have bypassed both countries.…

BY A SPECIAL CORRESPONDENT, in Lahore, Pakistan

REMARKS from the director general of the International Atomic Energy Agency (IAEA) Mohamed ElBaradei in a recent interview with the pan-Arab Al-Hayat newspaper showing concerns about Pakistan’s civil and military nuclear assets and Islamabad’s capability to protect these from extremists- have unleashed a great debate in and outside the country.…