Investors drawn to Iceland’s high yields following the partial dismantling of capital controls are facing parliamentary elections that could produce a toxic mix of political turmoil and radicalism. Klaus Spoeri, a fund manager at Frankfurt-Trust, says that while he recently bought more Icelandic bonds because of their attractive yields of more than 5 percent, he’s […]

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By Reuters Published: 10:43 EST, 24 October 2016 | Updated: 10:43 EST, 24 October 2016 e-mail By Mehreen Zahra-Malik ISLAMABAD, Oct 24 (Reuters) – Pakistan’s government on Monday vowed to block protests in Islamabad if opposition leader Imran Khan pushes ahead with plans to shut down the government and transport in the… read more at: […]

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The Justice Department and the Securities and Exchange Commission jointly announced Monday that Brazilian aircraft maker Embraer will pay more than $205 million to settle charges under the Foreign Corrupt Practices Act. U.S. authorities charged that Embraer, which makes smaller passenger and military airplanes that compete with North American companies across the globe, had bribed […]

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ISLAMABAD – Pakistan Tehreek-i-Insaf chief Imran Khan has said that Prime Minister Nawaz Sharif will be responsible if some ‘third force’ intervened as a result of his party’s plan to lockdown the federal capital. Talking to media persons after party meeting regarding the preparations for the November 2 protest here at his residence, Imran reaffirmed […]

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Downing Street officials were alarmed to discover that David Cameron had a holding in a Vietnamese investment fund registered in the Cayman Islands at the height of the Panama Papers revelations, according to a book by his former director of communications. Sir Craig Oliver became aware that the then prime minister had previously invested “in […]

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ISLAMABAD: The ruling Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Tehreek-i-Insaf (PTI) have formally started contacting other political parties — the latter to muster support for the Nov 2 plan for ‘Islamabad lockdown’ and the former to deal with such a situation. According to sources, federal Minister for Railways Khawaja Saad Rafique contacted Leader of […]

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Pakistan’s Supreme Court today issued notice to Prime Minister Nawaz Sharif in the Panama Papers case. Apart from Sharif, Maryam Nawaz, Hasan Nawaz, Hussain Nawaz, Capt (R) Safdar, Finance Minister Ishaq Dar, director general Federal Investigation Agency, chairman Federal Board of Revenue, and the attorney general were also issued the notice, Pakistan daily, the Dawn reported.  […]

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ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan has ruled out for now any negotiations with the government over his decision to bring the federal capital to a standstill on Nov 2. Talking to reporters outside his residence in Bani Gala on Friday, the PTI chief said his party would hold talks with the government only […]

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An influential Democratic senator has demanded answers from the IRS about what it has done since the Panama Papers were published last spring to combat tax fraud committed through anonymous shell companies. Oregon’s Ron Wyden is the top Democrat on the Senate Finance Committee and could become its chairman if Democrats regain control of the […]

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KARACHI: Pakistan Tehreek-e-Insaf Sindh President Arif Ali on Thursday said that they cannot be silent on the allegations against Governor Sindh Dr. Ishratul Ibad, and demanded that he resign immediately and be placed on the Exit Control List. Alvi, while addressing a press conference at Insaf House, said that Governor has accused the Mutahida Quami […]

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