Pakistan 9 most famous issues

The legislation passed last year on a new credit card legislation introduced today, and banks are not very happy. “JP Morgan Chase, the country’s largest issuer of credit card, warned that the credit card business is expected to lose up to 750 million U.S. dollars this year as a result of new legislation,” said CNN. Simply click, but the credit card users will benefit – if you keep users of credit cards. Reuters reported that the new law will affect credit card lending, which means less than it would be available. Soon, more people turn to payday loans no fax when needed, rather than traditional bank loans. Good collection For... read more >>

Asia’s largest real estate developer Bahria Town is initiated another low cost residential scheme as Bahria Orchard Lahore Bahria Orchard in Lahore. Earlier Bahria Town introduced “Awamai villas” in Rawalpindi which was also a low cost residential scheme. Like other projects, Bahria Orchard is also fully packed with green spots, parks, monuments, fountains, gardens, lawns, wide roads and other civic amenities. Located at Raiwind Road, Bahria Orchard offers a wonderfully themed landscaped parks, jogging and biking trails, and a signature Golf and Country Club that will offer riding stables and a spectacular eighteen-hole championship golf... read more >>

The bank of AmTrust, in Cleveland, Ohio, that had $12 billions in assets in date October, was Friday closed next to the office of the supervision of the saving.  It was a sad end for the bank that was founded on February of 1889, and celebrated his 120o year.  AmTrust, known originally like savings of Ohio, grew of the S & premises; L with an office to a leader in banking activities retail, with the branches in Florida, Ohio and Arizona, and was one of the 15 authors superiors of the hypothecating loan in the country. The confinement of Am Trust will cost to Federal Deposit Insurance Corporation (FDIC), that was designated receiving,... read more >>

Remember the Cabbage Patch Kids craze? The Tickle Me Elmo frenzy? Meet their 2009 brethren, Zhu Zhu Pets. The quintet of electronic hamsters has been the runaway hit of the recession-hobbled holiday season so far. The furry little, wheeled critters scoot around a Habitrail-like track, spin in a hamster wheel, and drive little hamster sports cars. The battery-powered pets coo and squeak and have a little artificial intelligence—knowing to make teeth-brushing sounds when they enter their little bathrooms, for example. “They’re so real—without the mess,” chirps a television commercial. They are also flying off the shelves,... read more >>

The holiday shopping season is kicking into full force now that Thanksgiving is here. With Black Friday and Cyber Monday just around the corner, some may prefer to stay home and do their shopping online. There’s plenty of great deals to be had online, and Iteya created the ultimate list of 101 websites to find the best deals for Black Friday and Cyber Monday 2009. On the top of the rankings were: 1. Amazon: Free Super Saving Shipping on $25+ orders 2. eBay: Up to 90% off retail for some items 3. Fingerhut: Low monthly payments and six special offers 4. Walmart: Big markdowns on certain products  Read More →

Telecommunications giant BT is offering staff the chance of long holidays in return for a big pay cut. The former state-owned company is looking to reduce its wage bill while trying to avoid redundancies after being hit by the economic downturn. One option available to staff is an up front sum of 25% of annual salary in return for taking the whole year off. Employees have also been offered a one-off payment of £1,000 if they agree to go part-time. Parents will have the opportunity to restrict their hours to school term times to allow them to spend time with their children. ‘Extremely progressive’ A company spokesman said: “BT... read more >>

WASHINGTON – Out-of-work with no place to land, the legions of America’s unemployed are growing. The Labor Department is scheduled to release a report Thursday expected to show the nation’s unemployment rate edging closer to double digits. Wall Street economists predict the jobless rate will rise to 9.6 percent in June from 9.4 percent in May. That would mark a 26-year high. The rising rate comes as recession-weary companies continue to cut workers. Economists expect a loss of 363,000 jobs in June, up from 345,000 job cuts in May. Economists believe a chunk of those cuts will be tied to shutdowns at General Motors Corp. and fallout... read more >>