PESHAWAR: Two persons were killed and twenty others injured in a blast near Imam Bargah at Hisht Nagri on Monday. Emergency activities were kick started in the area where ambulances were ferrying the injured to a nearby Lady Reading Hospital where emergency was declared. The relief work was hindered due to the congested alleys where [...]
Continue reading...24. November 2008
KUALA LUMPUR: The Malaysian Press has termed Pakistan as a safe place to make investment and to do business as the security situation in Pakistan is getting better day by day. The eight member delegation of Malaysian journalists who visited Pakistan last week contributing various stories to there respective news papers on security situation in [...]
Continue reading...23. November 2008
GHULNAI: Mohmand-Bajaur road has been opened for all kinds of traffic here on Sunday. Security forces closed the Mohmand-Bajaur road for traffic ahead of military operation against the militants in Mohmand Agency. Meanwhile, two thousands families migrated from Mohmand Agency were taking shelter in the outskirts of Peshawar. While a large number of people were shifting [...]
Continue reading...23. November 2008
MULTAN: Foreign Minister Makhdoom Shah Mehmood Qureshi on Sunday said that the political wing of the ISI was disbanded and termed it a positive development. While talking to the media persons at the local airport Sunday, Qureshi pointed out that ISI is a precious national institution and it wants to focus fully on counter-terrorism activities. He [...]
Continue reading...23. November 2008
Lahore: Security has been put on high alert in the provincial capital after yesterday’s series of blasts at Qaddafi Stadium. Law enforcement agencies arrested more than a dozen suspected people in connection with these blasts and shifted them to some undisclosed location. Police launched an overnight search operation in the city and arrested more several people [...]
Continue reading...22. November 2008
LAHORE: 3 persons, including a child, were injured when a series of 3 blasts occurred with intervals at the building of Punjab Institute of Language (PIL) near Gaddafi Stadium Saturday night. According to reports, all three blasts were of low intensity while other sources say the blasts could have been triggered by time device. IG [...]
Continue reading...22. November 2008
ISLAMABAD: Chief of the Army Staff General Ashfaq Pervaiz Kayani called on President Asif Ali Zardari on Saturday. The Army Chief apprised the President about his recently concluded visits to Turkey, Saudi Arabia and Brussels. The issues pertaining to the prevailing security situation and frequent drone attacks on the border areas of Pakistan came under [...]
Continue reading...21. November 2008
Special Advisor to Prime Minister, Dr. Shahid Masood has resigned from his latest portfolio of Special Advisor to PM. According to the details he was appointed by the Prime Minister in his cabinet as Special Advisor but Shahid Masood has resigned sources said. Dr. Shahid Masood earlier was taken the charge of Chairman of state owned [...]
Continue reading...21. November 2008
Government has accomplished the peak of interest rate hikes by revising it for the four times in the current year and any further increase will be devastating for the economy, Pakistan Economy Watch said Friday. The downward trend in prices is because of economic slowdown and there is nothing on the credit of administrative measure, [...]
Continue reading...19. November 2008
Capitalist system has failed and the future of the world as well as that of Pakistan lies in socialism. Prosperity will remain a dream in absence of a mixed economy, a former top official said Wednesday. Former Secretary-General and Minister of State for Foreign Affairs M. Akram Zaki said that collapse of former USSR was [...]
Continue reading...19. November 2008
ISLAMABAD: “Pakistan will not rollback or it has rolled back its nuclear programme”, said Minister of State for Defence Qayyum Jatoi, talking to journalists in Multan Tuseday. He said “Our missile program, aimed at defence of the motherland, will also continue” he said adding that the country’s defence production will increase to earn foreign [...]
Continue reading...19. November 2008
ISLAMABAD: Pakistan’s Chief of Army Staff General Ashfaq Pervez Kayani left for Brussels Tuesday to participate at NATO countries meeting and to give comprehensive briefing as to how USAF’s drone-fired missile strikes are proving counterproductive in Pakistan. During his 3-day visit General Kayani would participate in the meeting of Chiefs of Defence (CHODs) for discussion [...]
Continue reading...18. November 2008
Pakistan Economy Watch has said that IMF should alter its preferences and take a new start from Pakistan. Whole world is calling for a fundamental change in the way IMF deals with the rest of the world. The agency is frequently alleged that its conditions become a nightmare for the poor while nobility always manages [...]
Continue reading...17. November 2008
QUETTA: Prime Minister Syed Yousaf Raza Gillani has assured to remove all the grievances of the people of Balochistan and announced to provide all necessary assistance for the complete rehabilitation of quake affectees. Addressing a public meeting in Ziarat on Monday, he said 2.09 billion rupees have been allocated for the reconstruction of the houses damaged [...]
Continue reading...15. November 2008
Islamabad: Pakistan has finally managed to secure a 7.6 billion dollars loan from International Monetary Fund payable within next 5 years’ period. This was announced at a joint press conference by Governor State Bank Dr. Shamshad Akhtar and Finance Ministry’s Advisor Shaukat Tareen in Karachi this afternoon. Shaukat Tareen said Pakistan will have [...]
Continue reading...15. November 2008
Flight of capital cannot be controlled through administrative actions but by creating a conducive and enabling environment, Pakistan Economy Watch said on Friday. Economies have never responded to speeches, promises and tall claims but actions. Pakistan is not an exception. A former president has played major role in flight of capital from the country. He [...]
Continue reading...15. November 2008
MINGORA: Nine militants including their commander were killed and fifteen others sustained injuries in a clash with security forces in Swat district on Saturday. Seven militants were killed and eleven others injured during security forces ongoing operation in Kabal. Ali Rehman, a local militant commander from Derai, was also killed in the operation, said a release [...]
Continue reading...9. November 2008
Pakistan Economy Watch has lauded the decision of the government to abandon plants for privatization of Pakistan Steel Mills (PSM). The historic decision has catered for the reservations of many quarters and neutralised the threat of total deindustrialization of the country, said Dr. Murtaza Mughal, President, Pakistan Economy Watch on Saturday. He said decision to [...]
Continue reading...5. November 2008
Islamabad: Pakistan Economy Watch has said spreading out Cabinet is unjustified in the current hard times. Government may need another IMF’s loan to cater for the needs of expanded Cabinet. In the prevailing economic crisis, there is no justification for such an unwarranted expansion to overburden the public exchequer, said Dr. Murtaza Mughal, President, Pakistan [...]
Continue reading...4. November 2008
ISLAMABAD: Pakistani lawyers campaigning for the restoration of a deposed chief justice vented their anger yesterday against President Asif Ali Zardari and warned of a storm of protests if their demands are ignored. Lawyers across Pakistan observed the day as “black day” to protest against imposition of state of emergency, suspension of basic human rights, removal [...]
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24. November 2008
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