US bailout plan rejected
By: Special Correspondent | Published: September 30, 2008WASHINGTON - US lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as the world credit crisis claimed more banks. By a vote of 228-to-205 the House of Representatives rejected a compromise plan that would have allowed the Treasury Department to buy up toxic debt from struggling banks in what was a moment of historic drama in the Capitol and on Wall Street. Supporters vowed to try to bring the rescue package up for consideration again as soon as possible. Stock markets plunged sharply at midday as it appeared that the
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Wheat support price Rs950
ISLAMABAD �" Prime Minister Syed Yousuf Raza Gilani announced increase in support price of wheat from the existing Rs 625 to Rs 950 per 40 kg. The decision to this effect was taken in the special Federal Cabinet meeting held under Read full story »
40 passengers burnt to death in road accident
At least 40 people died and seven others injured when a passenger bus caught fire after colliding with a tanker at Mazaffar Garh road, reported a private TV channel late on Monday, quoting police sources. DPO Muzaffar Garh said that almost Read full story »
Operation in Darra successful: Army
PESHAWAR (APP) - The operation against the militants has almost completed in Darra Adamkhel as security forces flushed out the miscreants from the restive armed manufacturing town and seized a huge cache of lethal arms and ammunition Read full story »
Column
- Syndromes of dependence and… Page 6
- Terrorism and SAARC Page 6
- Japan under Aso Page 7
- Ring of truth Page 7
- Washington view Page 7
Letter
- A perennial problem Page 7
- Jaag Uthaa hay Saara Wattan! Page 7
- If wishes were horses Page 7
- In line on footpaths Page 7
- A monkey somersault Page 7
