Wednesday, 15 February 2012

DAILY LATEST NEWS UPDATE: 16.02.2012



US drone strike kills five militants in Pakistan: officials
MIRANSHAH: A US drone strike targeting a militant compound killed five insurgents in a northwest Pakistan tribal region near the Afghan border Thursday, security officials said.
“Two missiles were fired by a US drone on a compound used by militants in Spalga town near Miranshah and five militants have been killed,” a security official said.
The attack was confirmed by two other security officials in Miranshah, the main town in North Waziristan region, known as a stronghold of Taliban and al Qaeda linked militants.
Security officials said several other militants were wounded but the exact number was not immediately known.
The latest attack came a week after US missiles killed Badar Mansoor, the most senior Pakistani in al Qaeda, one of America’s main targets in the country and wanted for attacks that killed scores of people.
Pakistani officials and a member of his group told AFP that Mansoor who reputedly sent fighters to Afghanistan and ran a training camp in North Waziristan, was killed in a drone strike near the Afghan border.
US officials say Pakistan’s tribal belt provides sanctuary to Taliban fighting in Afghanistan, al Qaeda groups plotting attacks on the West, Pakistani Taliban who routinely bomb Pakistan and other foreign fighters.
But the missile attacks fuel widespread anti-American resentment, which is running especially high in Pakistan since US air strikes inadvertently, killed 24 Pakistani soldiers in November.
President Barack Obama last month confirmed for the first time that US drones have targeted Taliban and al Qaeda militants on Pakistani soil, a programme that has escalated under his administration.

Business News

Thu, 16 Feb 2012

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Euro falls amid continuing Greek debt worries
TOKYO: The euro fell in Asian trade on Thursday as investors grew concerned over a deal to provide much-needed bai

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World Bank''s Zoellick to step down June 30
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Pakistan to finalize negative list for trade with India by end of Feb
ISLAMABAD: Pakistan will give the final shape to the negative list of items for Trade with India by the end of Feb

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Gold closes lower at Rs 50,185
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800mmcfd more gas by Sept: Dr Asim
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Rupee closes weaker against US dollar
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Pakistan''s foreign investment falls 63.9pc in Jul-Jan
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Islamabad stocks end green
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Fresh buying adds 49 points to KSE
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CNG stations to remain closed in Sindh for 24 hrs
KARACHI: Filling stations for Compressed Natural Gas (CNG) across the province of Sindh will remain closed for 24

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Pakistan, India trade talks begin in Islamabad
ISLAMABAD: Trade talks between India and Pakistan have started here today with an aim to reduce bilateral trade ba

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Multan faces CNG closure for 3rd consecutive day
MULTAN: Multan region is facing CNG closure for the third consecutive day while the citizens are distressed by the

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Asian stocks mostly higher amid Greek debt doubts
HONG KONG: Asian markets were mostly higher Wednesday, despite disappointing US retail data and eurozone finance m

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Euro falls on debt woes, dollar up against yen
TOKYO: The euro fell against the dollar in Asia on Wednesday amid worries over Europe s debt woes while the greenb


LATEST/BRIEF NEWS:

·       N Waziristan: Six killed in US raid
·       Trilateral summit in Islamabad today
·       'Divorce is no option in Pak-US ties'

Mohammed Saleem Mansoori

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