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Pakistan Awaits Foreign Investment Recovery

Islamabad, May 7 (Prensa Latina) The Pakistani authorities expect an increase of direct foreign investments during 2007, encouraged by the countrys sustained economic growth in the last three years, official sources reported.

Government spokespersons said during the weekend the current administration expects a foreign-investment recovery of up to $6.5 billion.

In this respect, they recalled that there was a 7.5-percent GDP growth rate from 2004-2006, and the authorities expect to keep that pace, at least for a decade.

The foreign capitals are oriented to infrastructure projects, stressing the construction of roads and power stations, because shortage in this sector could affect the growth targets.

One of the most import ant inks of these projects is the British Standard Chartered bank, which completed the transaction in September to buy the Pakistani Union Bank.

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Allstate Insurance opens Ferndale office

Owned and operated by agent Annette Booth, the agency offers a complete line of products and services, including auto, property, commercial and life insurance.

The Booth Insurance Agency Inc. is located at 1794 La Bounty Drive. The office is open Monday through Thursday from 9 a.m. to 6 p.m., Friday from 9 a.m. to 5 p.m., and Saturday by appointment. The agency can be reached at 312- 1235 or by e-mail at annettebooth@allstate.com.

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Consumer Reports names the worst and the best used cars

Yonkers, NY – Used cars often offer consumers the best values in the automotive market since new vehicles undergo a rapid depreciation in the first few years. Consumer Reports 2007 April Auto Issue features the lists of the best and worst used vehicles for 10 model years, 1997 through 2006.

Reliable vehicles and Vehicles to avoid include all models that showed above- or below-average overall reliability in CR's 2006 Annual Car Reliability Survey, which drew responses on about 1.3 million vehicles. CR has found that improved reliability has made used cars more appealing and insurance rates tend to be less expensive.

The Reliable vehicles list is categorized by price and features vehicles that are available from under $4,000 to $30,000 and up. For consumers on a budget, CR found 10 cars that they could purchase for under $4,000 including the 1998 Chevrolet Prizm and the 1997 Toyota Tercel.

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Baumgart: Shopping bug

I NEVER really understand why a large chunk of the female population loves shoes and shoe shopping (and well, shopping in general). Dont get me wrong, I love a good pair of shoes and shopping can be fun sometimes but when I hear somebody talk about their extensive shoe collection (and by that I mean, owning 40 pairs of shoes which are organized alphabetically), I can only gape.

Why so many pairs?

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You need one for every occasion, for every bag, for every shirt, blah, blah, my friend goes on and on. As she lectures me on fashion 101 (Id like to think, however, that I am not a fashion disaster), my ears become numb.

I have never been much of a shoe girl. Im more of an accessories, bags and funky tops type of girlif thats how you define them anyway.