Articles, Featured, Forex News
Pakistan Recieves $5.7 Billion in Remittances
Noting a 17 percent increase in remittances, State Bank of Pakistan Wednesday said that Non-Resident Pakistanis have send home nearly $5.7 billion between July 2009 to February 2010. During the same period in previous fiscal year, Pakistanis living abroad had sent $4.9 billion. For economies like Pakistan, funds repatriated by non-residents to family and friends back [...]
Articles, Featured
Punjab Police Caught Whipping Suspects in Public
Five policemen in Chiniot, Punjab were arrested after a footage that aired on various news channels clearly showed them publicly whipping four men accused of stealing rice. Four men were beaten-up like animals by five policemen and the footage shot by an amateur video journalist has created an uproar, like the Rodney King incident in San [...]
Aafia Siddiqui Trial, Articles
Ideological Profiling Of Muslims In America
Watching spectators young and old, men and women who came to Dr. Aafia Siddiqui’s trial in New York I recognized the rapidly increasing significance of religion as a marker of identity among Muslims in the US. Judge Richard Berman, by ordering additional security measures for this trial, underscored the ideological profiling of a religious minority [...]
Aafia Siddiqui Trial, Articles
ISI Abducted Me: Aafia Siddiqui Tells Her Lawyer
If Pakistanis honestly consider Dr. Aafia Siddiqui “daughter of the nation,” they must demand structural changes in how ISI operates and demand their government to demonstrate political will to trace all the disappeared.
Aafia Siddiqui Trial, Articles
Fear Vs Fact in Aafia Siddiqui Case
No issue has evoked such impassioned and divergent opinions than the case of Dr. Aafia Siddiqui, a Pakistani woman who was found guilty on 7 counts of attempted murder and assault of U.S. Nationals by a 12 member jury in a federal court in New York City this week. With allegations of being an Al-Qaeda operative [...]
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Articles, Commodity News
Pakistan Government May Raise Gas Tariff
Posted on 05 March 2010
Government of Pakistan is considering an increase in the gas tariffs to compensate for the grave losses suffered by the Sui Northern Gas Pipelines (SNGPL) recent months, reports from Islamabad confirmed Saturday. For the first time in company’s history, Sui Gas has registered substantial losses. It is estimated that in past six months the government owned [...] Continue Reading
Articles
Pakistan Government to Pay-off Debts of Energy Firms
Posted on 03 March 2010
In order to avoid further energy crisis, Pakistan government has assured Pakistan State Oil, PSO that it will shortly pay off the debts of the two leading power producers. When PSO stopped the fuel supply to HUBCO and KAPCO after its warning, the shortfall of electricity in the country worsened and forced the government to resolve [...] Continue Reading
Articles, Forex News
Pakistan Rupee Gains Vs US Dollar: Traders Plan to Short
Posted on 03 March 2010
Pakistan rupee gained esteem against US dollar but lost ground to the Euro Wednesday. Forex traders in Karachi Thursday plan to hold a short position on the US dollars with expectations that it will decline further. Buy rate for dollars in the interbank market today were Rs. 85.00 and sell rates were Rs.85.05. In [...] Continue Reading
Articles
Pakistani Scholar Issues Fatwa Against al-Qaeda
Posted on 02 March 2010
Muhammad Tahir-ul-Qadri, a Pakistan born Islamic scholar with an intriguingly wide range of opinion Tuesday issued an Islamic edict condemning terrorism and suicide bombings and challenged “al—Qaeda’s violent ideology.” Founder of Minhaj-ul-Quran movement who has a large following in Britain made his formal proclamation of a fatwa, or religious edict, at a news conference in London. Muhammad [...] Continue Reading
Articles
Pakistan Army Celebrates Victory but ISI Asset Escapes
Posted on 02 March 2010
As Pakistan army celebrates the capture of a key Taliban complex in the Bajaur tribal region on the Afghan border, terrorism experts suspect that the Pakistan’s Inter Services Intelligence, ISI, allowed one of the most dangerous terrorist slip through the crack. Interviews in Islamabad, Peshawar and Washington DC in last two days suggest that Maulavi Faqir [...] Continue Reading
Articles
US to Spend $50 Million on Pakistani Media in 2010
Posted on 27 February 2010
The Obama administration plans to spend nearly $50 million on Pakistani media this year to reverse anti-American sentiments and raise awareness of projects aimed at improving quality of life, confirms a Washington insider. After the Kerry-Lugar Bill debacle, the Obama administration had struggled with the idea of ‘branding’ aid and many within the State department [...] Continue Reading
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