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  Saturday, May 10, 2008, Jamadi-ul-Awwal 3, 1429    

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Forex reserves and rupee dropping fast

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Do good by stealth, and blush to find it fame.

Alexander Pope
—British poet


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Talks on judges meet sad end
Zardari, Nawaz fail to agree on restoration process


Staff Reporter

London—Pakistan People’s Party (PPP) co-chairman Asif Ali Zardari and chief of the Pakistan Muslim League-N (PML-N), Nawaz Sharif held inconclusive meeting on judges restoration at undisclosed place here on Friday.
Talking to media persons after meeting Nawaz said Zardari wants more time to think, “We are bound till May 12”, said Nawaz.

full story»  

Euro, pound, dirham flight halted
Rupee record low against dollar


Amanullah Khan

Karachi—State Bank of Pakistan (SBP) has halted indefinitely all exchange companies from exporting British Pound, Euro and Dirham, meanwhile, the dollar in open market still got costlier.

full story»  

Akhtar Mengal freed after 18 months

Karachi—The government on Friday freed Sardar Akhtar Mengal, chief of the Balochistan National Party (BNP), after one-and-half-year in jail over the charges of beating and making hostage agents of army intelligence agency, officials said. Mengal was released from a Karachi hospital which was declared as sub-jail.

full story»  

Flashing SC proceedings & decisions banned
Contempt notice on Geo TV served


Islamabad—The Supreme Court on Friday issued a contempt of court notice to the Geo TV, for flashing a report about a meeting of the Interior Secretary with the Chief Justice of Pakistan, which the court sources had categorically denied.

full story»  

Defence doctrine based on minimum deterrence: PM

Islamabad—Prime Minister Yousaf Raza Gilani emphasizing the need to synergize efforts of all elements of national power towards attainment of peace and progress in Balochistan said that Pakistan’s defence doctrine is based on maintaining minimum credible deterrence for safeguarding the sovereignty and territorial integrity of the country while ensuring peace and stability in the region.

full story»  

NWFP Govt in peace pact with Fazlullah

Tariq Saeed

Peshawar—The ANP led NWFP government eventually manages to enter into an agreement with disgruntled leader Maulana Fazlullah in order to ensure long lasting peace in the region with both the sides agreed to move forward towards the peace process through table talks.

full story»  

Task forces to determine foreign policy: Qureshi

M S Tanvir

Islamabad—Foreign Minister Shah Mehmood Qureshi said on Friday that the cornerstone of our foreign policy, would be the socio-economic development of the country and two task forces are being constituted to determine the future direction of foreign policy and to tackle the economic needs at diplomatic front.

full story»  

Gen Hood withdrawn from Pakistan posting

New York—The Pentagon has canceled the assignment of a controversial American general to a top position in Pakistan after the Pakistani media excoriated him for his previous job as commander of the US prison at Guantanamo Bay, The New York Times reported Friday.

full story»  

Afghanistan, Iran, Pakistan agree to boost border coop

Tehran—A trilateral meeting between representatives of Afghanistan, Iran and Pakistan concluded in Tehran with agreement on measures to strengthen border cooperation between three countries in order to stem flow of drugs from Afghanistan.

full story»  

 Headlines
bullet 16 die as trawler over turns in Pabbi
bullet Dar hints at cut in spending
bullet Karzai optimistic about talks with Hekmatyar
bullet Condoms to be distributed free in Afghanistan
bullet Oil surpasses $126 per barrel

 

 

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