Global Economy
Ten ways to democratise the global economy

Citizens can and should play an active role in shaping the future of our global economy. Here are some of the ways in which we can work together to reform global trade rules, demand that corporations are accountable to people's needs, build strong and free labor and promote fair and environmentally sustainable alternatives.


 

Atlas Bank Ltd.
Entity: A-/A-2, Outlook: Stable JCR-VIS assigns A- (Single A Minus) rating to Atlas Bank Ltd.
JCR-VIS Credit Rating Company Limited has assigned a medium to long term entity rating of A- (Single A Minus) with a Stable outlook to Atlas Bank Limited (ABK). The short-term rating has been assessed at A-2 (A-Two).

GLOBAL MARKETS
Global stock market crash warnings

Sentiment deteriorated further during the past week as oil prices rebounded, more bad news in the financial sector surfaced, economic woes mounted and inflationary pressures intensified, compounding already-jittery investors' anxiety.

THE NEWS Index
January-May 2008
End of Last End of Net Net
Month Previous Change Change
Month Points %
Composite 7,804.4 7,747.2 57.2 0.7 (+)
Financials 4,968.9 4,910.8 58.1 1.2 (+)
Industrials 9,025.2 8,933.0 92.2 1.0 (+)
Mutual Funds 463 445.9 17.1 3.8 (+)

IN FOCUS
Italy and Pakistan: exploring business opportunities
Vincenzo Prati graduated from University of Perugia in Political Sciences. He joined the diplomatic service as Volantario in 1975. He was appointed as secretary legation 1976. He worked at the Directorate General of Political Affairs from 1976-1978. He was appointed second secretary at the Italian Embassy in Pechino (Beijing) 1979. He promoted as First Secretary Legation, 1980. 

Connecting Your World: Berlin 2008 Connectivity and performance at its best
Mohsin S. Jaffri.
Modernity is technology, is the way of life, and is all about connecting the world into one community. With technology, distances are being removed, barriers are being lifted and people are able to connect to other people around the world. In the IT world, connectivity is the key to moving out into the global village of information and business, and an opportunity for widening the social arena and opening new windows to the world around us.

RATING ROUNDUP
Publicly Notified Ratings by JCR-VIS Credit Rating Company LIMITED
ISSUE / ISSUER MEDIUM TO OUTLOOK SHORT
LONG TERM TERM
Entity Ratings
AlBaraka Islamic Bank BSC - Pakistan Branches A Stable A-1
Al Meezan Investment Management Ltd. A Stable A-2

 
KARACHI
NEWS-PRIME INDEXES
COMPOSITE  
CURRENT 7,804.40
0.7% 57.17
FINANCIALS  
CURRENT 4,968.88
-1.2% 58.05
INDUSTRIALS  
CURRENT 9,025.19
1.0% 92.21
KSE-100  
CURRENT 12,289.03
-1.3% 158.52
LAHORE
LSE-25  
CURRENT 3,868.79
1.10% 41.93
ISLAMABAD
ISE-10  
CURRENT 2,749.64
-1.50% -41.99