March 7 (Bloomberg) — Pakistan briefed Interpol on its investigation into last year’s Mumbai terrorist attacks, as the global police agency helps probe possible international links to the assault on India’s financial hub.
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WASHINGTON: The International Monetary Fund called Friday for governments to take further stimulus measures to counter a severe global economic slump it sees extending into 2010.”Given the anticipated weakness in the global economy over the next two years, consideration should be given to providing fiscal stimulus that goes beyond the measures already announced,” the IMF said in a report.Since last October, the IMF has urged governments to inject public money into their economies to stimulate growth as a weapon against a global slowdown that appears increasingly likely to endure for a while.”It is essential in our view that public sector authorities play their appropriate role in preventing a collapse of confidence in the private sector that might lead to a vicious downward spiral,” the Washington-based institution said.”Fiscal authorities have acted globally, but so far the stimulus packages outside the United States have largely been front-loaded by concentrating spending in 2009, with much less to come in 2010,” the IMF said in the report.The United States in February launched a staggering 787-billion-dollar stimulus package in which nearly half the spending is budgeted for the country’’s fiscal 2010, which starts on October 1.”If there is enough fiscal space to do so without endangering the sustainability of government debt, consideration should probably be given to additional fiscal stimulus packages,” the IMF said.
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A senior police official says a suicide car bomber has killed seven police officers in volatile northwestern Pakistan.
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PESHAWAR: As many as eight people were killed including seven policemen while many injured in a suicide blast that ripped through a police check post in Budhber area located in the outskirts of Peshawar, Geo News reported on early Saturday.According to sources a suicide bomber blew himself up near a police check post killing eight people including seven police personnel while several others were left injured. Police sources said they have cordoned off the area while the rescue efforts are underway and Injured have been shifted to Ladyring hospital. Meanwhile, emergency has been declared in the hospital.
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Pakistan News
At least seven people, among them five policemen, are killed by a car bomb in north-western Pakistan, reports say.
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A suicide car bomber ordered to stop his vehicle detonated it instead at a road block in northwestern Pakistan on Saturday, killing seven police officers and wounding several others, a senior police official said.
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HYDERABAD: Sindh Minister for Agriculture Syed Ali Nawaz Shah has said that the provincial government has suspended recovery of revenue and may give t
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COLOMBO: Three Sri Lankan cricketers were under observation in hospital on Friday after they underwent surgery following the gun and grenade attack in
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LAHORE: Pakistan’’s most famous cricket fan on Friday said he was praying for the game’’s survival in the troubled country, after the attack on Sri Lank
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LAHORE: PML-N Quaid Nawaz Sharif on Friday declared rebellion against the situation. He asked the people to get ready for offering sacrifices for a re
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