





by KSE


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Researchers probe brain's communication infrastructure
Washington
University School of Medicine researchers are taking the first
direct look at one of the human brain's most fundamental
"foundations": a brain signal that never switches off and may
support many cognitive functions. Their findings, appearing in
the Proceedings of the National Academy of Sciences, are an
important step forward in understanding the functional
architecture of the brain. Functional architecture refers to
the metaphorical structures formed by brain processes and
interactions among different brain regions. The "foundation"
highlighted in the new study is a low-frequency signal created
by neuronal activity throughout the brain. This signal doesn't
switch off even in dreamless sleep, possibly to help maintain
basic structure and facilitate offline housekeeping
activities. "A different, more labile and higher-frequency
signal known as the gamma frequency activity has been the
focus of much brain research in recent years," says study
author Biyu He. "But we found that signal loses its
large-scale structure in deep sleep, while the low-frequency
signal does not, suggesting that the low-frequency signal may
be more fundamental." "What we've been finding is reorienting
the way we think about how the brain works," adds
co-researcher Marcus Raichle. "We're starting to see the brain
as being in the prediction business, with ongoing, organised
carrier frequencies within the systems of the brain that keep
them prepared for the work they need to do to perform mental
tasks." Neurologists have spent many years exploring the upper
levels of the brain's functional architecture. In these
studies, researchers typically ask volunteers to perform
specific mental tasks as their brains are scanned using fMRI.
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FOREX RATES
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Heath
Ledger's family 'proud and excited' by Oscar nod
Perth:
Heath Ledger's family said on Friday they were "proud and
excited" by his posthumous Academy Award nomination. Ledger
died last year from an accidental overdose of prescription
drugs. He has been nominated for best supporting actor for
playing Joker in the movie The Dark Knight. "To us...it seems
like merely yesterday and we are all still nursing broken
hearts," Kate Ledger, the actor's sister, said on Friday. The
family then held a memorial lunch at a restaurant overlooking
the Cottesloe beach near Ledger's hometown of Perth,
Australia. "Although we would love to have him here with us,
we are so proud and so excited on his behalf," said Ashleigh
Bell, Heath's other sister. "In Heath's words, he had the time
of his life portraying The Joker and said that it was the most
fun he'd ever had working on a film,"
Bell
said. |
How
to...… spot serious medical symptoms?
Like red-light warnings on the dashboard, the human body sends
out a flare when something's awry. Chest pain, shortness of
breath, dizziness - those are some familiar medical symptoms.
But other problems can creep up on you, too - aches and pains,
lumps and bumps. >>>>>
No
distributors for Heath Ledger's final flick
Melbourne:
Although late Hollywood actor Heath Ledger recently won an
Oscar for his portrayal of 'The Joker' in 'The Dark Knight',
his final flick 'The Imaginarium of Doctor Parnassus' has not
been able to find any distributors.
It seems that the publicity surrounding Heath's Oscar win has
no affect on the distributors, as 'The Imaginarium Of Doctor
Parnassus' if facing difficulty finding American distributors.
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Development economics: changing perspectives
There
has been a remarkable transformation in development economies
during the past five decades. The accent has shifted from
accelerated growth in output and consequent increase in Gross
National Product (GNP) per capita to reduction in poverty,
generation of employment,
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Prevention to lung cancer
Smokers and former smokers who eat lots of broccoli and other
cruciferous vegetables may be less likely than other smokers
to develop lung cancer. Researchers at Roswell Park Cancer
Institute in Buffalo, N.Y. reported that news recently in
Washington,
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Improving water productivity in the agricultural sector
Pakistan's
economy heavily depends on the output of the agricultural
sector which constitutes 20-25 per cent of GDP. Apart from
providing input to a large portion of manufacturing sector, it
provides direct employment to more than 40 per cent of the
labour force. The agriculture sector in Pakistan is plagued
with a number of issues which includes flat yields, low water
productivity. And underinvestment in rural infrastructure and
research and technology. Despite all its challenges, the
sector has been providing sustenance to country's economy so
far. Today, arguably the single largest threat to the
agricultural sector of Pakistan is shortage of irrigation
water.
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UK
business community urged to invest in
Pakistan
LONDON: The UK business community has been urged to invest in
various promising projects in Pakistan offering high margin
profitability and returns. Speaking at a dinner hosted by
UK-Pakistan Chamber of Commerce and Industry in Southall, west
London, on Friday,
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Five Dewan Group companies announce losses
KARACHI:
The thread-to-car conglomerate Dewan Group seems to be in dire
financial straits as five of its companies on Monday posted
losses for six months to December 2008. Falling demand for the
group’s premium products like cars and cement amid dismal
economic situation of last year have battered its overall
profitability and future outlook, analysts said. “Dewan has
taken a lot of loans from banks. It ishighly-leveraged and
balance-sheet is very weak,” said Khurram Shahzad, analyst at
Invest Cap Securities.
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Plan to enhance Pak-Indonesia trade
KARACHI: Business leaders of Pakistan and Indonesia have
agreed to evolve a strategy to enhance bilateral trade and
augment exports from Pakistan to bridge the trade gap between
the two countries. This was resolved during a meeting between
a Pakistani business group,
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Pak Suzuki has 63%
market share
KARACHI: A Pakistani local car manufacturer, Pak Suzuki Motor
Company, has once again showed great performance in the
automobile sector and has maintained the sales record of the
past. It has maintained 63 percent market share of the
industry. This has been informed in a recent convention that
Pak Suzuki is not only the top manufacturer of car industry
but also tops the list in sales of the car industry.
Dullness
continues on cotton market under uncertain conditions
Bearish sentiment was again witnessed on the cotton market on
Tuesday as leading participants were not interested in the
purchasing due to uncertainties on both the economic and
political fronts, dealers said.
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KCA spot rate reduced by Rs 100 to Rs 3250, lint prices
fluctuate between Rs 3000-3400
The
cotton market has turned slow - buying cautious, prices low -
and time when buyers are looking for better and cheaper cotton
to order for imports. Local spot rate moved at slow pace,
which was in early days at Rs 3350 but in the later part of
the week it fell rapidly, twice by Rs25 and filly by Rs50 to
Rs3300.
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APPMA team visits KCCI
KARACHI: A delegation of All Pakistan Paper Merchants
Association (APPMA) headed by its Chairman, Muhammad Akram
Malik visited Karachi Chamber of Commerce and Industry (KCCI)
and had a meeting with Anjum Nisar, President KCCI.
The delegation felicitated Anjum Nisar on taking over the
responsibility of President KCCI. Chamber's Chief warmly
welcomed the delegation.
They expressed their apprehension on the current economic
crisis particularly energy crisis, power tariff hike, rate of
interest, high cost of doing business and customs related
valuation issues.
The Association's representative requested Chamber's Chief to
raise the issue of their Association at various forums. Anjum
Nisar, the KCCI's Chief in his views assured the delegation
that KCCI would always support their suggestions.
KCCI keen to strengthen trade ties with China
KARACHI: Karachi Chamber of Commerce and Industry (KCCI), is
focusing on the great potential of trade with China from heavy
machinery to consumer goods and from locomotives to auto
parts.
Vice chairman KCCI, Mohammad Ali said this on Tuesday while
welcoming Dr Mark Shujun Ma, vice chairman Association for the
Overseas Development and Investment Dalian-China, vice
chairman Dalian Chamber of Commerce, chairman China Industrial
Minerals and Metal Group on his visit to chamber.
He urged the need to encourage the students exchange
programmes of both countries to elevate higher education for
engineering and technology besides to strengthen corporate
relationship of Pak-China business community.
Makhdoom Amin Fahim Plans To Visit KCCI Monday
Federal Minister for Commerce, Makhdoom Amin Fahim, will visit
Karachi Chamber of Commerce and Industry on Monday. The
meeting will start at 1100 hours, said a KCCI press release.
Meanwhile, Fouzia Wahab, MNA and Chairperson, Standing
Committee on Finance and Revenue, National Assembly, will
visit KCCI. |
Ibad urges businessmen
to cooperate with govt
KARACHI: Governor Sindh, Dr Ishratul Ibad Khan has urged the
business community to cooperate with government to overcome
the problems being faced by weakening economy.
"The country is facing economy crisis besides major problems
of water, power and gas shortages," he said at a luncheon
meeting hosted by the Karachi Chamber of Commerce and Industry
(KCCI) Monday. He also declared government's intention to help
revive economic development.
Governor said as the country facing different challenges, it
was time to be united and to work together for the country.
"I being the representative of government will take all
matters to the federal government and will try to get them
resolve," he claimed.
He said, "Present government wants to resolve all problems but
will take some time to be resolved".
Provincial minister for commerce and industry, Abdul Rauf
Siddiqui said overseas Pakistanis could prove to be a big
source of investment in various sectors of economy in their
home country if proper guarantees were given to them. He urged
the local people to invest in the industrial zones of the
Sindh to attract the foreigner investors.
KCCI president, Anjum Nisar said Karachi had to face billions
of rupees losses amid the riots occurred during last months.
About 4,000 industrial units are working in the SITE
industrial area similarly 2,500 in Korangi and 1,000 in Landhi
industrial areas and if Karachi shuts down just for a one day,
it losses billions of rupee.
Rehman Malik, advisor to Prime Minister on interior was
requested to give 100 police mobiles for security purpose, he
assured us but did not respond," he said.
He said industries were running on just 2-5 percent interest
rate but all banks have increased their spreads and industry's
mark-up has gone to 20-22 percent. Weakening dollar, huge
taxes, and unabated increase in power and gas tariffs are main
factors that increased the cost of doing business in the
country, he said. He said industrial zones without water,
power, gas, sewerages, infrastructure, roads and fire brigade
etc should be provided with latest facilities. |
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Mr.
Mohammad Amin Khatri
Mr.
Sultan Ahmed Chawla, President Federation of Pakistan Chamber
of Commerce & Industry has nominated Mr. Mohammad Amin Khatri
as a Chairman of FPCCI Standing Committee on Fairs &
Exhibitions & Trade Delegations. Mr. Mohammad Amin Khatri is a
prominent businessmen and leading Industrialist of Pakistan
carrying a wide experience in the field of Fairs & Exhibition.
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STRATEGY
EVOLVED TO ENHANCE PAK-INDONESIA TRADE
Business
leaders of
Pakistan
and Indonesia have agreed to evolve a strategy to enhance
bilateral trade and to augment exports from Pakistan to bridge
trade gap between two countries. This was resolved during a
meeting of Pakistan business group led by Mr. Tariq Sayeed and
Mr. Iftikhar Ali Malik,
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Pakistan
business group attended 5th WIEF
KARACHI: A group of leading businessmen from Pakistan
participated in the fifth World Islamic Economic Forum (WIEF)
was held on March 2-3, 2009 at Jakarta, Indonesia. Former
president Federation of Pakistan Chamber of Commerce and
Industry (FPCCI) and member
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A
delegation visits to FPCCI
A 6
member delegation of U. S. Mission led by Mr. Gerald
Feierstein, Deputy Chief visited Federation of Pakistan
Chambers of Commerce and Industry (FPCCI) on a courtesy call
and met its President, Mr. Sultan Ahmed Chawla and Vice
Presidents. >>>>>
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FPCCI
expresse concern over the monetary policy statement
Mr.
Sultan Ahmad Chawla, the President of the Federation of
Pakistan Chambers of Commerce and Industry (FPCCI) has
expressed his serious concern over monetary policy statement
of the Governor State Bank of Pakistan. He indicated that
economists are agreed on the
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FPCCI terms
2008-09 federal budget as balanced, pro business, growth
oriented
Federation
of Pakistan Chambers of Commerce and Industry,(FPCCI) an apex
body of chambers and traders in the country Wednesday
unanimously termed the 2008-09 federal budget as balanced, pro
business, growth oriented and pro poor people. >>>>>
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Threw
thick & think
A new tsunami is heading toward our shores and is threatening
our economic and political foundations. Our socio-economic
structure, which is not tougher then a sand castle is
struggling to survive a massive earth quake. Due to this
ordeal, our geo-political situation could be undermined by
anyone and for that very reason; prospects of our future
existence are now being discussed by all our partners and
long-standing stakeholders. Such distrust from interim players
is a bit tolerable,
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Trade protectionism no spur for world economic recovery
BEIJING: The "Buy American" provisions in the 787-billion-U.S.
dollar economic stimulus bill that U.S. President Barack Obama
signed into law Tuesday, will deal a hard blow to world
endeavors in saving the economy.
According to the legislation, the "Buy American" provision
prohibits the purchase of foreign iron, steel and manufactured
goods for any stimulus-funded
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Improving water productivity in the agricultural sector
Pakistan's
economy heavily depends on the output of the agricultural
sector which constitutes 20-25 per cent of GDP. Apart from
providing input to a large portion of manufacturing sector, it
provides direct employment to more than 40 per cent of the
labour force. The agriculture sector in Pakistan is plagued
with a number of issues which includes flat yields, low water
productivity. And underinvestment in rural infrastructure and
research and technology. Despite all its challenges, the
sector has been providing sustenance to country's economy so
far.
Today, arguably the single largest threat to the agricultural
sector of Pakistan is shortage of irrigation water. Pakistan
is already a water stressed country with large scale
degradation of resource base groundwater is now being
overexploited in many areas and dependence on ground water is
increasing every year. Climate change and political fallout of
building large reservoirs provide no solace to the scenario.
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Pakistan
Economy An Overview
Overview: Contrary to earlier fears, Pakistan's economy
performed reasonably well in FY02. In particular, the
tremendous improvement in Pakistan's external sector
post-September 2001, either directly or indirectly,
contributed to positive developments for many macroeconomic
indicators during the year. The trade deficit turned out to be
much lower than in FY01 as exports recovered in the second
half of FY02 to reach the preceding year's level,
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Combating economy
If Pakistan would have withstood the effects of the global
economic slowdown, that would have been a major surprise in
this day and age. At a time of troublesome economic data
emerging across the world, the fallout from an economic
slowdown across Pakistan is becoming increasingly obvious. In
the past year, ugly scenes of riots in some of Pakistan's big
cities over electricity shortages, have left behind endless
problems. A slowdown in industrial output, partially due to
electricity shortages, has spurred job losses.
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Medium-term Prospects
A
significant upturn in economic performance began in the final
months of the FY02, and was manifested by higher exports,
accelerated workers' remittances, improved water availability,
and increased capacity utilization in some key industries.
This upsurge has altered the prospects for FY03. In
particular, the recovery by textiles on the back of increased
access to key markets January 2002 onwards, seems likely to
continue into FY03, aided by sharply lower cost of funds (the
favorable perceptions on the sector are reflected in the
continuing high imports of textile machinery).
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Dubai
seals $10bn UAE bond deal
Dubai's finance department has sold $10bn (£6.9bn) in bonds to
the United Arab Emirates (UAE), to ease the emirate's
liquidity problems. Leading Dubai shares surged 8% on Monday
on optimism over the UAE's willingness to provide support.
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China
'faces most difficult year'
Addressing parliament, Mr Wen reiterated that there would be a
$585bn (£413bn) investment programme to stimulate the Chinese
economy. He also declared an annual growth target of 8% and
goals to boost consumption and raise consumer demand.
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Malaysia in $2.7bn
economy boost
The Malaysian government has unveiled plans to spend another
10bn ringgit ($2.7bn; £3.3bn) in a further attempt to revive
the nation's economy.
The move takes total stimulus spending to 17bn ringgit. But
some analysts say it will not prevent Malaysia sliding into
its first recession since 1998.
Malaysia's economy - which is heavily dependent on
manufacturing - grew by 0.1% in the last three months of 2008.
This took annual growth to 4.6% - below official targets.
The second stimulus plan has been tabled in parliament, though
full details will not be released until next week.
A recent study by AmSearch estimated that at least 40bn
ringgit needed to be spent by the government to prevent the
economy contracting in 2009. |
Asian
shares slide as fears grow
In Japan, the benchmark Nikkei index dropped 3.5%, with
markets in Australia and South Korea also lower.
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WPP revises down 2009
forecasts
WPP, the world's second-biggest advertising group, has
announced a 3.8% rise in profits but has revised down its
forecasts for 2009.
WPP reported pre-tax profits of £747m for 2008, compared with
£719m for 2007.
The group said that despite major events such as the Olympics
and the US presidential election, client spending had only
risen about 2-3% in the year.
With no similar events in 2009 and the current recession, it
now expects like-for-like revenues to fall 2% this year.
It had previously forecast a flat year. |
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East
Europe banks back economies
The central banks of the Czech Republic, Bulgaria, Poland,
Romania and Slovakia have issued a joint statement defending
their economies. They said that recent warnings about their
economies were "misleading". Eastern European countries have
come under scrutiny in recent
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Oil price up over petrol
demand
Oil prices have risen nearly 9% after the US government
reported an unexpected drop in crude stocks and an increase in
demand for petrol. Prices were also supported by a rise in
China's manufacturing index. China is the second biggest oil
consumer.
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