Washington/Berlin - The world's big economic powers will hold an emergency summit in London next week amid a deepening sense of despair about the outlook for the world economy and with few signs that major nations have laid aside differences on how to combat the global recession.

While the Group of 20 (G20) meeting of the most advanced and emerging economies will mark US President Barack Obama's first major foray onto the world stage, tensions have emerged notably between Washington and Europe over the need for another round of fiscal stimulus packages to spur world growth.

New York, Mar. 21: Pakistan Chief of the Army Staff General Ashfaq Kayani’s constant touch with the US Joint Chiefs of Staff Chairman Admiral Michael Mullen ensured that the ‘Long March’ crisis in the country did not go out of control.

According to a Wall Street Journal report, the ties between General Kayani and Admiral Mullen will now be the mainstay of the relationship between Washington and Islamabad as it has certainly helped stabilize Pakistan for the time being.

Geneva  - Government bonds are generally attractive to the layman investor as they are relatively safe. The saver can profit while not fretting over the markets.

An initiative which has been getting off the ground in the past two years is trying to help those investors sleep even easier, knowing their money will go to the developing world to immunize children.

Kathmandu, March 19: Nepal cabinet has named Dr Chandra Kanta Poudel and Maoist central leader Ram Karki as the ambassadors to India and France respectively.

The ambassador-nominees are required to undergo parliamentary hearing before being appointed to their posts.

Paudel, 54, holds a doctorate in economics from Tribhuvan University. He served as headmaster at Birendra Secondary School in Nuwakot before moving to Kathmandu where he has since been working as principal of Gyankunja College at Rabibhavan.

Paudel will replace Durgeshman Singh, a Nepali Congress appointee.

Washington,

Peshawar, Mar. 18: The assembly Pakistan’s North Western Frontier Province has passed an unanimous resolution demanding that the federal government ask the US to stop drone attacks in tribal and settled areas.

Tabling the joint resolution, independent MPA from Bannu Adnan Wazir said US drones were violating Pakistan’s airspace and firing missiles in tribal and settled areas.