Cant wait to see what jason got us here. Welcome to squawk on the street on this final trading day before christmas. Im carl, with melissa lee, david faber at the nyse. The New York Stock Exchange and nasdaq closing at 1 00 p. M. Eastern time. The futures, a little bit of weakness here which well talk about in a minute, after it comes after a pretty bad day on friday. The european markets closed for the Christmas Eve holidays. London, paris, spain have each completed shortened sessions in light of the Christmas Holiday as well. The friday selloff, only five trading days are left in the year. Is the market getting used to the idea that a fiscal cliff solution will not happen before year end . Only a few hours remain to finish your christmas shopping. But some words of caution for toymakers. Are tablets and apps ruining the season as kids get more accustomed to technology . Microsoft windows 8 gets more bad press today, as the New York Times said it is not leading to a boost in pc sales.
Russia fails to reach an agreement with china over gas sales as his trip wraps up. But putin assures he has support over ukraine just days ahead of elections. A leading president ial candidate tells cnbc his country is not ready for a union with europe. Youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. Yes, youre watching worldwide exchange, Ross Westgate and julia chatterley are out today. Lets get back to one of our top stories. The deal is not done an a blow to president putin, china wont reach an agreement to import natural gas from russia during his visit this week. The trip had been hailed as a key test, a sign of russian ties with russian leader calling china a reliable friend and russias leading trade partner. If seened, the deal could be worth 400 billion over 30 years. Meanwhile, the white house has, again, reiterated it sees no need to sign russian troop withdrawal from the ukrainian boarder. Countering claims from v
Did really PTI put Pakistan on the verge of default? dnd.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnd.com.pk Daily Mail and Mail on Sunday newspapers.
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PTI govt paying US$ 10 billion annually in debt servicing, Senate told
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ISLAMABAD, Pakistan: The Minister for Industries and Production Hammad Azhar told the Senate on Friday that there had been a record debt servicing since the Pakistan Tehreek-e-Insaf (PTI) regime took over, adding that they were paying back US$ 10 billion annually.
During the Question Hour, the minister told the House that the Country’s Foreign Exchange Reserves had increased to about US$ 20 billion. He told the State Bank of Pakistan had reserves of US$ 12 to 13 billion.
Hammad Azhar said the Foreign Exchange Reserves had increased owing to improvement in exports and remittances.