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US banks prepare for oil and gas company loans to worsen

NEW YORK: U.S. banks are setting aside more money to cover bad loans to energy companies after oil prices plunged over the last year, raising the possibility that deteriorating loans could start to weigh on their earnings, some analysts said. Loan credit quality for U.S. banks has been improving since the financial crisis. In the…

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July 21, 2015


Germany's history boys prepare to wreck Messi dream

RIO DE JANEIRO: A Germany side chasing a place in history will attempt to wreck Lionel Messi's dream of a World Cup coronation with Argentina on Sunday as the month-long football carnival hits a climax at the Maracana Stadium. The 64th game of one of the best World Cups of all time pits Europe against…

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July 12, 2014


Dhoni snubs media as India prepare for series decider vs New Zealand

WELLINGTON: India cricket officials shut down any questions about a fixing scandal ahead of the series deciding second test against New Zealand with skipper Mahendra Singh Dhoni a no show for the traditional captain's pre-match media conference on Thursday.A committee set up by the Supreme Court on Sunday found Gurunath Meiyappan, son-in-law of the country's…

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February 13, 2014


Thai PM proposes referendum on her future as protesters prepare big push

BANGKOK: Thai Prime Minister Yingluck Shinawatra proposed a referendum on her future on Sunday and promised to resign if that was what the people wanted, as anti-government protesters prepared for a final push to force her from power.Protesters have been on the streets of the capital for weeks, clashing with police and vowing to oust…

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December 8, 2013


Scientists to prepare strongest warning on global warming

OSLO: Scientists meet on Monday to prepare the strongest warning yet that climate change is man-made and will cause more heatwaves, droughts and floods this century unless governments take action.Officials from up to 195 governments and scientists will meet in Stockholm from September 23-26 to edit a 31-page draft that also tries to explain why…

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September 23, 2013


U.S. readies strikes, Syrians prepare for attack

EIRUT: People in Damascus stocked up on supplies on Wednesday and some left homes close to potential targets as U.S. officials described plans for multi-national strikes on Syria that could last for days.United Nations chemical weapons experts completed a second field trip to rebel-held suburbs, looking for evidence of what – and who – caused…

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August 28, 2013


US, Russia agree to prepare for Syria peace talks

WASHINGTON: US and Russian officials agreed on Friday on the need to convene a long-delayed Syrian peace conference in Geneva as soon as possible, but they offered no concrete plan to bring the warring government and rebels to the table.Russian Foreign Minister Sergei Lavrov told reporters after five hours of political and security meetings in…

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August 10, 2013


FIA asked to prepare charge sheet against Musharraf in Benazir murder case

Staff ReportRAWALPINDI: Amid high security, former president General (retd) Pervez Musharraf was presented before an Anti-Terrorism Court (ATC) of Rawalpindi for hearing in the murder case of PPP leader Benazir Bhutto, SAMAA reported.The former army ruler was brought to the Rawalpindi District Court from his Chak Shahzad farmhouse of Islamabad which is declared sub-jail where…

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April 23, 2013


Mourning Venezuelans parade Chavez's coffin, prepare for vote

CARACAS: Sobbing and shouting, a sea of Hugo Chavez's supporters paraded his coffin through the streets of Caracas on Wednesday in an emotional outpouring that could help his deputy win an election to keep his socialist revolution alive. Hundreds of thousands of “Chavistas” marched behind a hearse carrying the body of the flamboyant and outspoken…

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March 7, 2013


NAB official murder: Forensic experts prepare report, clear body samples

Staff ReportISLAMABAD: Forensic experts have prepared a report after taking samples from the body of Kamran Faisal – a National Accountability Bureau (NAB) officer involved in the investigations of mega corruption in rental power projects – which was exhumed last week, SAMAA reports.According to sources, forensic experts have cleared the body samples of Faisal. They…

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February 7, 2013


SC asks govt to prepare security plan for Haqqani, adjourns hearing till January

Staff ReportISLAMABAD: The Supreme Court of Pakistan on Tuesday adjourned the hearing on memo case till January next year while directing the federal interior secretary to chalk out a comprehensive security plan for the ex-Pakistan’s ambassador to the US, Hussain Haqqani.A nine-member bench of the Supreme Court, headed by Chief Justice Iftikhar Muhammad Chaudhry resumed…

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November 13, 2012


Americans prepare to mark 11th anniversary of 9/11 attacks

WASHINGTON: Thousands will gather on Tuesday in New York, suburban Washington and rural Pennsylvania to mark the 11th anniversary of the September 11 attacks, but at the somber day's biggest venue, Ground Zero in lower Manhattan, this year's observance will be missing a key feature from years past: politicians' voices.In previous years, politicians including U.S….

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September 11, 2012


Bermuda residents prepare for Hurricane Leslie

HAMILTON: Bermuda residents stocked up on food, water – and alcohol, for traditional hurricane parties – as Hurricane Leslie swirled slowly on Thursday toward the wealthy British overseas territory in the Atlantic Ocean.Bermuda is not expected to take a direct hit from Leslie, a Category 1 hurricane, the lowest on the Saffir-Simpson wind scale, as…

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September 7, 2012


In Myanmar, voters prepare for clash of symbols

YANGON: As Myanmar prepares to vote in only its third election in 50 years, opposition leader Aung San Suu Kyi's party faces a challenge that seems at odds with her global celebrity and long fight for democracy: brand recognition.”I'm worried that some people think that this represents our party,” says Dr May Win Myint, a…

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March 30, 2012


Greek party leaders prepare for crucial debt talks

ATHENS: Greek coalition leaders are studying a draft deal on harsh cutbacks needed to secure a €130 billion ($170 billion) bailout that will help the country avoid a looming bankruptcy next month. The office of Prime Minister Lucas Papademos said Wednesday that the heads of the three parties backing his interim coalition government received the…

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February 8, 2012


Maulvi Anwar ul Haq will prepare charge sheet against PM

Staff Report ISLAMABAD: Attorney General Maulvi Anwar ul Haq has said that he will prepare a charge sheet against Prime Minister Yousuf Raza Gilani if the Supreme Court (SC) ordered to do so, SAMAA reported on Thursday. While talking with media here he said that the PM’s lawyer has already presented his stance. This appeal…

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February 2, 2012


'Little Meccas' prepare Indonesians for hajj

PONDOK GEDE: Even before arriving in Mecca for this year's hajj rites Indonesian housewife Irawati has felt the emotion of beholding the Kaaba, the cubic structure in Islam's holiest city towards which all Muslims face to pray. Just days before leaving for Mecca the 30-year-old is finishing a mock hajj, part of a three-month training…

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November 3, 2011


Bahraini activists prepare for Friday Day of Rage

MANAMA: Bahraini opposition activists will hold protests throughout the tiny island state on Friday, defying a ban on public gatherings under martial law declared last week.It was not clear who was behind the marches, plans for which were circulated by email and internet. Neither the mainstream Shi'ite Muslim opposition group Wefaq nor the Feb. 14…

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March 25, 2011


Troubled Pakistan prepare for World Cup match

HAMBANTOTA: Unpredictable Pakistan play their first competitive match on Wednesday since lengthy bans were handed out to three of their top players as England regrouped after squeaking home against the Dutch.Pakistan, who lost key players Salman Butt, Mohammad Asif and Mohammad Aamer after the spot-fixing scandal that rocked world cricket, open their World Cup campaign…

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February 23, 2011


Livestock expensive as people prepare for Eid

KARACHI: Livestock prices have almost doubled in Pakistan since the floods earlier this year, bringing unwelcome news for the millions of Pakistani Muslims preparing to celebrate the upcoming religious festival of Eid. The festival, due to begin on Wednesday in Pakistan, marks Ibrahim's willingness to sacrifice his own son Ismail as an act of obedience…

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November 14, 2010


Afghans prepare for NATO assault on Taliban enclave

AFGHANISTAN: The biggest military operation of U.S. President Barack Obama's new Afghan surge will be a test not just for American troops, but also for the Afghan authorities expected to rush with them into the breach. U.S. Marines are planning a massive operation within days to take Marjah, a warren of canals that forms the…

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February 4, 2010