
PPP’s Safdar Abbasi demands fresh elections Estranged senior Pakistan People’s Party (PPP) leader Senator Safdar Abbasi endorsed the demand of opposition parties for new elections in the country, saying the government has no other option due to its worse performance. “The incumbent government is creating problems not only for itself but for the masses, system, […]
Dec 22 2011 | Posted in
Pakistan,
Politics |
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The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
Dec 22 2011 | Posted in
Pakistan |
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Parliamentary Committee on National Security seeks replies record Parliamentary Committee on National Security Wednesday sought the complete record of replies submitted to the Supreme Court by the federation, the army chief, the DG ISI, Hussain Haqqani, Mansoor Ijaz and James Jones in memo case. On the other hand, Senator Raza Rabbani has categorically said that […]

US could stay in Afghanistan beyond 2014: General Allen The US commander in Afghanistan said in an interview on Wednesday, December 21 that American troops could stay in Afghanistan beyond 2014, the latest signal of a possible open-ended US military role in the country. General John Allen told the New York Times that negotiations with […]

Government not interested in the import of LNG The government of Pakistan move to import Liquefied Natural Gas (LNG) has received several hurdles, including the hike in international price of the product and the government’s own reluctance to kowtow to international practises by offering a sovereign guarantee to firms presently bidding to import the gas. […]
Dec 22 2011 | Posted in
Business,
Pakistan |
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Nawaz Sharif’s competition is with a Test cricketer – Imran Khan Imran Khan, the Chairman of Pakistan Tehreek e Insaaf (PTI), has warned the leader of Pakistan Muslim League (N), Mian Mohammad Nawaz Sharif that his competition is with a Test cricketer and being a club cricketer, Nawaz does not possess the ability to match […]
Dec 22 2011 | Posted in
Pakistan |
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COAS insists Memo is a reality, submits rejoinder in the apex court Islamabad, December 21, 2011: While sticking to his earlier stance over the memogate case, Chief of Army Staff (COAS) General Ashfaq Pervez Kayani submitted his rejoinder today to the Supreme Court of Pakistan. The rejoinder submitted by the military chief stated that the […]
Dec 22 2011 | Posted in
Pakistan |
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Pakistan registers complaint against NATO attacks regards it a violation of UN charter in Security Council United Nations: sticking to its stance over the NATO attacks, Pakistan has finally told the United Nations Security Council that it was a “transgression of Pakistan’s territorial integrity and a flagrant violation of the UN Charter.” “The attack on […]
Dec 22 2011 | Posted in
Pakistan |
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Global Recession likely to hurt exports from Pakistan; State Bank of Pakistan Karachi: The State Bank of Pakistan, in its annual report, has said that the recent decline in the global economy could well affect exports from Pakistan. According to SBP’s annual report new recession could be even more severe than the sub-prime mortgage crisis, […]
Dec 21 2011 | Posted in
Pakistan |
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Apex Court expresses its concerns over delay in voters’ lists preparation Islamabad, December 21, 2011: While expressing its concerns over delay in preparations of the voters’ lists, the Supreme Court of Pakistan has ordered the Election Commission of Pakistan (ECP) to prepare the voters lists by February 23, next year. A three-judge bench headed by […]
Dec 21 2011 | Posted in
Pakistan |
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Gilani says no political instability The Prime Minister of Pakistan, Yousuf Raza Gilani, recently made a statement in which he said that the country is not on the verge of another martial law nor any care taker government. The Prime Minister of Pakistan expressed himself while addressing the session of the National Assembly. The statement […]
Dec 21 2011 | Posted in
Politics |
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As far I think, the inventor of the most important element of furniture, chair, just wanted to make people feel comfortable, but he might be weeping in grave now to see the sheer misuses of his product in Pakistan. Chair has become a bone of contention among our people. You see wars, riots, conspiracies, blame […]
Dec 21 2011 | Posted in
Opinion,
Pakistan |
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