WW-II Aircraft Plunges into Grandstands during an airshow in US, Many Killed

Moments after Aircraft crashed in Grandstands

 Nevada, United States : Several people have died and injured when a vintage aircraft crashed into the ground at an air show in the US state of Nevada, a spokesman and video images showed. 

President and CEO of Reno Air Races,Mike Houghton, told a news conference hours after the crash that mechanical problems might have caused a World War II-era fighter plane to plunge into the grandstands at a Nevada air show on Friday. 

Pakistan announces to end IMF programme

ISLAMABAD:  Finance Minister of Pakistan Dr Hafeez Sheikh along his team are off to Washington to preside over the end of the current IMF programme.

According to Finance Minister eight out of the nine programmes that Pakistan got into with the Fund have been unsuccessful and government was unable to implement three major economic policy commitments, limiting fiscal deficit to 4.7 per cent of GDP, introducing integrated value added tax (VAT) and power sector reforms, which lead to technical completion of an unsuccessful $11.3 billion programme with the International Monetary Fund (IMF) on September 30.