NEW YORK (Reuters) - Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest Septembers all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders. The bleak forecast, coming after gold has ...

The United States-Pakistan relationship has reached a turning point reminiscent of the run-up to October 1958, when Washington encouraged General Ayub Khans coup, apprehending the coming into power of an elected government in Pakistan that might have refused to collaborate as the USs Cold War ally ...

Despite deployment of all the resources and full attention of the Punjab government to control the Dengue virus, more and more people are turning to hospitals in the Province and particularly in Lahore on daily basis with symptoms of the disease. Punjab Health Department officials said on Monday ...

North Korean leader Kim Jong-il who is traveling across Russia in his armored train visited the largest hydropower plant in Russia's Far East on Sunday. Russian presidential envoy in the Far-Eastern Federal District Viktor Ishayev and Amur Region governor Oleg Kozhemyako gave him a short tour of ...

ISLAMABAD - In this era of technology, the nave clerics of Pakistan cannot simply resolve the longstanding and ages-old problem of moon sighting which makes mockery of the entire nation during the holy months of Ramazan and Shawal. A parliamentary committee mostly consisting of senators belonging ...

ISLAMABAD - The coming together of the opposition political parties to form an 'alliance against the government sounds a far cry in the wake of deep rooted differences between the opposition forces. A dinner table cannot help the bitter memories of past go away just like that, is the unanimous view ...

LAHORE Chief Minister Shahbaz Sharif has said the Punjab Educational Endowment Fund has been established first time with Rs 6 billion for the provision of assistance to the talented students facing financial constraints in pursuing their educational activities and out of this fund, scholarships ...

SINGAPORE (Reuters) - Ever wondered how far your sneeze goes? Or if you can stop germs from spreading by cupping your mouth with your hand when you cough? With a giant mirror and high-speed camera, scientists in Singapore are trying to find out how airborne transmission of flu viruses takes place, ...

The Obama Administrations decision to deploy another 1,400 US Marines in Afghanistan is the harbinger of a far bloodier war and a further indication that there will be no honouring of the presidents December 2009 pledge to begin drawing down US forces next July. Despite the superficial optimism ...

ISLAMABAD - Although the Government has decided to convert Lowari Rail Tunnel into a road tunnel to save money, yet its completion is a far cry. The Government is releasing fund for this important project at a very low pace as only about Rs 1 billion is provided yearly for the project, said ...

WASHINGTON (AFP) - Many Americans consider that mixed-race people like President Barack Obama belong to their minority parent group, which is still widely seen as socially inferior to whites, a study released Thursday shows. The authors of the study published in the Journal of Personality and ...

ISLAMABAD - Level of concern has risen sharply in the country, as during the last few months as many as 2,936 cases have been diagnosed dengue positive with 21 reported deaths. According to the statistics, blood samples of as many as 5,399 suspected dengue fever patients have been received, out of ...

KARACHI - President of Karachi Chamber of Commerce and Industry, Muhammad Saeed Shafiq, Senior Vice President Talat Mahmood and Vice President Junaid Esmail Makda welcomed the initiative of European Union to suspend duties of 75 Pakistans export goods including leather, textile and agriculture ...

JOHANNESBURG (AFP) At the lushly landscaped, gated campus of Sunward Park High School, 20 young footballers from far scrappier township schools train while pursuing their studies, under a novel scheme that aims to spread across Africa. In white shorts, grey jerseys and cleats, the boys pass the ...

ISLAMABAD - Town of Vehoa, a haven for the arid wilderness, once happened to be the only green spot across the barren stretch of Tehsil Taunsa Sharif before the digging of Chashma Right Bank Canal, doesnt have water even for basic necessities, so what to talk about clean drinking water. The town ...

I have been left completely amazed by two recent statements on the Pakistan Textile Industry by our very senior economic decision makers: First one by a recently retired bureaucrat who during his illustrious career served in the top posts of both the Ministries of Commerce and Industry - He ...

Since the beginning of repatriation of Internally Displaced Persons (IDPs) to their home towns, so far 907 families have returned to their homes in Swat and Buner districts, report said. According to Emergency Response Unit (ERU), in the first phase of repatriation, 907 families returned to their ...

LAHORE - On Saturday, yet another order was issued by the Services and General Administration Department to the administration across Punjab for 'observing ban on transfer-postings, and seeking strict compliance of the Cabinets order, which has been flagrantly violated by all, including the ...

LAHORE - Despite revival of Commissioner System and handing over powers to provincial secretaries to manage towns, anti-encroachment in City is still a far cry. The entire government machinery, including Commissioner, provincial secretaries, DCO, chairman Task Force, TMAs, high-ups of the LDA and ...

The government of Pakistan has thus far not provided the fund for pleading the case of Dr. Aafia Sidiqui incarcerated in US, which appears putting the matter of her being brought to home in limbo. Sources said that despite repeated assurances from the government to Aafia Siddiqui family, they have ...

KARACHI - There are five developments at international and domestic levels that would keep the inflation far above the target of 11 per cent for fiscal year 2008-09. The oversized spike in inflation owes to an unprecedented rise in the prices of food, fuel, other commodities at the international ...

PARIS (AFP) - The price of oil is at historic records even allowing for inflation, but the overall burden on the global economy is much less than in the 1980s, the IEA said on Tuesday. This is because annual output by the world economy has grown far faster than the price of oil in the last 25 ...