Tag Archives: Stability

Economy on the path to stability

Despite several internal and external challenges, the country’s economy is gradually moving towards sustained stability, economic indicators suggest. The country’s foreign exchange reserves continue to remain over $17 billion, while other economic

EU banks threaten global financial stability: IMF

WASHINGTON – Unhealthy European banks are the biggest threat to global financial stability, and they need to find fresh capital, the International Monetary Fund said Wednesday.
“Many institutions – particularly weaker European banks – are caught in a maelstrom of interlinked pressures that are intensifying risks for the system as a whole,” the IMF said in its Global Financial Stability Report.
“Remaining structural weaknesses and vulnerabilities in the euro area still pose

Naval exercise AMN 2011: an effort for regional peace and stability

ISLAMABAD – The modern world of today is continuously transforming and we are living in a changing world. Traditionally, majority of threats to maritime security emanated from inter-state territorial disputes and political instabilities.
However, in the new millennium, the concept of maritime security has been redefined. Unlike the past, the world’s nations are confronted with the threats of transnational terrorism emanating from non-state actors. These new security challenges

PPP, ‘N’ reach covert understanding for political stability

ISLAMABAD – After a fortnight of confrontation, both the PPP and the PML-N have reached a quiet understanding under which both parties would end the path of confrontation and adopt a softened stance to ensure safe sailing for both parties.
A well-placed source informed Pakistan Today that the deal had been given a nod by the top leadership of both political parties and the telephonic conversation between President Asif Ali Zardari and PML-N chief Nawaz Sharif had taken place

China’s Wen targets inflation as stability threat

BEIJING – China’s Premier Wen Jiabao said on Saturday the nation had to tame inflation that threatened social stability as the government seeks to steer the world’s second-biggest economy towards more balanced and greener growth. In China’s version of a “State of the Union” address to be presented later to the annual parliament session, Wen said the government aims to contain inflation to within four percent this year. Failure to rein in price rises for food, housing and other goods

‘Blasphemy laws issue an open challenge to stability of Pakistan’

KARACHI Strongly condemning the brutal murder of Federal Minority Affairs Minister Shahbaz Bhatti on Wednesday, the Pakistan Peace Coalition (PPC) has said that the blasphemy laws issue presents an open challenge to the stability of Pakistan.
In a statement issued on Thursday, the PPC observed that Bhatti was killed merely two months after the assassination of Governor Punjab Salman Taseer, who too was silenced for his open remarks about the blasphemy laws.
“The blame for

Israel aims to maintain ‘stability’ of region: PM

JERUSALEM – Israel is watching developments in Egypt carefully and its efforts are focused on maintaining the “stability and security” of the region, Prime Minister Benjamin Netanyahu said on Sunday.
“We are attentively following what is going on in Egypt and in our region,” Netanyahu told reporters at the start of the weekly cabinet meeting after holding late-night talks with top intelligence officers and key ministers.
“Our efforts are focused on preserving the stability

Indo-Pak dialogue is essential for stability in South Asia: US

WASHINGTON – The US encourages dialogue between India and Pakistan in order to ensure stability in South Asia, the White House said on Thursday.
“The president (Obama) recognises that India is an important partner and certainly critical in the region, and that in order to ensure stability in South Asia, we wanted to encourage dialogue between India and Pakistan,” Mike Hammer, spokesman of the National Security Council, told foreign journalists in New York and Washington, at a

‘Gilani-Nawaz contact to bring political stability’

LAHORE – Finance, Planning and Development Provincial Minister Tanvir Ashraf Kaira has said that the telephonic contact between Prime Minister Syed Yousaf Raza Gilani and Pakistan Muslim League-Nawaz (PML-N) Chief Nawaz Sharif would bring political stability. He said this when he was talking to a delegation of MPAs at his office here on Monday. He said that Pakistan People’s Party-led federal government’s reconciliation policy would be maintained and the political fog would disappear

Worsening macroeconomic stability threatens 18th Amendment, NFC

ISLAMABAD – The rising fiscal deficit poses a serious threat to the autonomy and transfer of more resources to provinces under the 18th Amendment and the National Finance Commission (NFC) Award.
This was stated by economists at the 26th Annual General Meeting and Conference of Pakistan Society of Development Economists – that focused on Fiscal Decentralization: Empowering the Provinces, Strengthening the Federation -on Tuesday.
Speaking at the three-day conference, Hafiz