BP puts oil leak bill at 3.5 billion dollars

July 12, 2010 by  
Filed under Business

LONDON: The continuing oil leak caused by the April explosion of a Gulf of Mexico oil rig has cost BP 3.5 billion dollars (2.78 billion euro), the British petrol giant said Monday.

“The cost of the response to date amounts to approximately 3.5 billion dollars, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs,” it said in a statement.

Pak rupee touches lows versus dollar

July 12, 2010 by  
Filed under Business

KARACHI: Pak rupee today tumbled with steep plunge versus dollar, as it touched lows despite the national foreign exchange reserves burgeoned to phenomenal height in national history, Geo News reported Monday.

According to Forex market dealers, the market opened with positive demand for dollar, pushing it up by 9 paisa against rupee on the very first day of the trading week.

Thus, the dollar was witnessed to be trading at Rs85.77 during today’s trade.

According to economists, the persistent devaluation of the currency of the country will aggravate the inflation. The situation can be countered by enhancing the gross production to boost foreign exchange reserves.

US soldier deaths in Afghanistan

December 6, 2009 by  
Filed under World News

A bomb killed another US soldier in Afghanistan, bringing to more than 300 the number of American troops killed in the war this year as NATO-led troops pressed deadly raids.

80306c5c5e50x131 US soldier deaths in AfghanistanThe latest death pushed to 301 the number of American soldiers killed in Afghanistan so far this year. The number is nearly twice the 155 American soldiers killed in 2008 when total foreign troop deaths numbered 295 for the entire year.

US President Barack Obama has ordered 30,000 extra US troops to Afghanistan in a bid to bring a quick end to the eight-year war against the Taliban and Al-Qaeda that is increasingly unpopular at home.

NATO allies have pledged at least another 7,000 troops to back the new US-led drive, which will boost foreign troop numbers to more than 150,000.


US soldier deaths in Afghanistan was first posted on December 6, 2009 at 8:01 pm.
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