US panel cuts Pakistan aid over doctor row
WASHINGTON: A Senate panel voted to cut aid to Pakistan by a symbolic $33 million on Thursday, $1 million for each year of jail time handed to a Pakistani doctor convicted of treason for helping the United States track down Osama bin Laden.The Senate Appropriations Committee approved the amendment to the $52 billion US foreign aid budget in a 30-0 vote in a sign of growing outrage here over Pakistan's conviction of Shakeel Afridi.
"We need Pakistan, Pakistan needs us, but we don't need Pakistan double-dealing and not seeing the justice in bringing Osama bin Laden to an end," said Republican senator Lindsey Graham, who pressed for the measure.
Afridi was found guilty of treason, sentenced Wednesday to 33 years in prison and fined 320,000 rupees ($3,500).
Afridi ran a fake vaccination program designed to collect bin Laden family DNA from the compound in Abbottabad, where the Al-Qaeda leader was shot dead in a US commando raid in May 2011.
The US government says Pakistan has no basis to hold Afridi.
"He is not a spy, I can tell you," said Dianne Feinstein, the Democratic chairwoman of the Senate Intelligence Committee. "He should be praised and rewarded."
"If this is how Pakistan is going to treat a friend and hero, I don't know about these funds," Feinstein said.
The mammoth appropriations bill, which includes a total of $1 billion in assistance for Pakistan, will go now to the Senate floor after passing out of committee on Thursday.
That represents a 58 percent cut in the amount of aid Obama had requested for Pakistan -- an expression of the anger in Congress at Islamabad for not reopening supply routes frozen since US air strikes that killed 24 Pakistani soldiers in November. (AFP)
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Business News:
Fri, 25 May 2012
-Oil dips in Asia on eurozone
debt woes
SINGAPORE: Oil prices eased in Asian trade Friday on growing fears about the eurozone s debt troubles but the fall
SINGAPORE: Oil prices eased in Asian trade Friday on growing fears about the eurozone s debt troubles but the fall
-Facebook IPO debacle raises
investor dander
NEW YORK: The spate of complaints and investigations over the Facebook stock offering suggests big institutions ha
NEW YORK: The spate of complaints and investigations over the Facebook stock offering suggests big institutions ha
-Asian shares slip as European
woes persist
HONG KONG: Asian markets mostly fell Friday and the euro sat at near-two year lows as weak European data added to
HONG KONG: Asian markets mostly fell Friday and the euro sat at near-two year lows as weak European data added to
-Euro under pressure in Asian
trade
TOKYO: The euro remained under pressure in Asian trade on Friday as markets fretted over Europe s economy and fear
TOKYO: The euro remained under pressure in Asian trade on Friday as markets fretted over Europe s economy and fear
-National strike planned in India
over fuel hike
NEW DELHI: Opposition parties in India on Thursday called a national one-day strike for next week to protest again
NEW DELHI: Opposition parties in India on Thursday called a national one-day strike for next week to protest again
-Asian shares fall on eurozone
fears
HONG KONG: Asian markets were mostly lower on Thursday and the euro sat near 22-month lows against the dollar after
HONG KONG: Asian markets were mostly lower on Thursday and the euro sat near 22-month lows against the dollar after
-Euro stays weak after EU summit
TOKYO: The euro remained under pressure against other currencies in Asia on Thursday with European Union leaders
TOKYO: The euro remained under pressure against other currencies in Asia on Thursday with European Union leaders
-Brent crude gains more than $1
SINGAPORE: Brent crude oil gained more than $1 per barrel on Thursday, as traders covered short positions after re
SINGAPORE: Brent crude oil gained more than $1 per barrel on Thursday, as traders covered short positions after re
-Facebook rejects IPO lawsuit
WASHINGTON: Facebook on Wednesday said it would "vigorously" defend itself as it rejected a New York investor laws
WASHINGTON: Facebook on Wednesday said it would "vigorously" defend itself as it rejected a New York investor laws
-TAPI project: Pakistan,
Turkmenistan sign GSPA accord
ISLAMABAD: Pakistan and Turkmenistan on Wednesday signed Gas Sales Purchase Agreement (GSPA) for Turkmenistan-Afghan
ISLAMABAD: Pakistan and Turkmenistan on Wednesday signed Gas Sales Purchase Agreement (GSPA) for Turkmenistan-Afghan
-Benchmark index loses 109 points
at KSE
ISLAMABAD: Stocks in the local capital market spiraled down on Wednesday but stayed above 14,000 points, with invest
ISLAMABAD: Stocks in the local capital market spiraled down on Wednesday but stayed above 14,000 points, with invest
-Budget for FY 2012-13 to be
presented in NA on June 1st
ISLAMABAD: The Budget for the next financial year 2012-13 would be presented in National Assembly on June 1, 2012
ISLAMABAD: The Budget for the next financial year 2012-13 would be presented in National Assembly on June 1, 2012
-Record low rupee remains under
pressure vs dollar
KARACHI: The rupee closed on a record low for the second day in a row to end at 91.97/92.02 to the dollar, amid hi
KARACHI: The rupee closed on a record low for the second day in a row to end at 91.97/92.02 to the dollar, amid hi
-Dollar in inter-bank peaks at
Rs91.88
KARACHI: The dollar in inter-bank on Wednesday reached a new high of Rs91.88, while in the open market it was being
KARACHI: The dollar in inter-bank on Wednesday reached a new high of Rs91.88, while in the open market it was being
-TPI agreement to be signed today
NEW DELHI: Countries involved in a U.S.-backed trans-Afghanistan pipeline will sign a commercial agreement Wednesday
NEW DELHI: Countries involved in a U.S.-backed trans-Afghanistan pipeline will sign a commercial agreement Wednesday
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