Sunday 30 September 2012

LATEST NEWS UPDATE: 01.10.2012



5 die in Nato-Afghan troop firefight: Isaf
KABUL: A firefight between Nato troops and their Afghan allies killed five people in circumstances that remained murky Sunday against a background of increasing “insider” attacks on coalition troops.
A Nato soldier, a civilian contractor and three Afghan troops died in an exchange of fire Saturday evening in Wardak province west of the capital Kabul, the International Security Assistance Force said.
“What was initially reported to have been a suspected insider attack is now understood to possibly have involved insurgent fire,” deputy Isaf commander Lt.
Gen. Adrian Bradshaw told a hastily called press conference.
“The incident occurred while an Isaf unit was manning a temporary checkpoint in an area near an Afghan National Army unit.
“According to Isaf and ANA reporting, after a short conversation took place between ANA and Isaf personnel, firing occurred which resulted in the fatal wounding of an Isaf soldier and the death of his civilian colleague.
“In an ensuing exchange of fire three ANA personnel are reported to have died.”Bradshaw said the incident was still under investigation, adding: “The circumstances were somewhat confused and we are establishing the full facts.”Provincial police spokesman Abdul Wali told AFP that the shooting broke out after “a verbal dispute” between the two sides.
Defence Ministry deputy spokesman General Daulat Waziri said the incident was a result of a “misunderstanding”, adding that it was investigating whether insurgent fire was involved.
Three ANA soldiers were killed and three wounded, he said.
US President Barack Obama’s deputy spokesman Josh Earnest said that top officials had seen details of the incident and that it would not deter the United States from completing its mission in Afghanistan.
“Make no mistake … these attacks do not diminish in any way the commitment of the president, the commitment of our men and women in uniform or the commitment of our allies to follow through and complete successfully the mission to end the war in Afghanistan in 2014,” he said.
The shootout comes amid heightened tensions between Nato troops and their Afghan allies in the wake of spiralling “green-on-blue” attacks in which Afghan security forces turn their weapons on their Western allies.
At least 51 coalition troops have been killed in such assaults this year — about 15 percent of all Nato deaths — and the top Isaf general has described them as “the signature attack” of the Afghan war.
The scale of the insider assaults is unprecedented in modern warfare, and has seriously undermined trust between Nato coalition forces and their Afghan allies in the joint effort against Taliban insurgents.
“I’m mad as hell about them, to be honest with you,” top Isaf commander General John Allen told CBS’s “60 Minutes” programme recorded before the latest incident and scheduled to be aired Sunday.
“We’re willing to sacrifice a lot for this campaign, but we’re not willing to be murdered for it,” the commander said, according to excerpts of the interview released by the network.
Allen said that just as homemade bombs had become the signature weapon of the Iraq war, he believed that in Afghanistan, “the signature attack that we’re beginning to see is going to be the insider attack”.
Nato attributes about 25 percent of the attacks to infiltration by Taliban insurgents into Afghan security forces, while the rest are believed to result from cultural differences and personal animosities between the allies.
Efforts to combat the phenomenon include orders that Nato soldiers working with Afghan forces should be armed and ready to fire at any time, even within their tightly protected bases, and the issuing of cultural guidelines.
The guidelines, drawn up by the Afghan defence ministry, urge their soldiers not to take offence if Nato colleagues exit the shower naked, swear or ask to see pictures of their wives.
This is normal behaviour and no reason to open fire, the 28-page brochure says.
The assaults pose a serious threat to the Nato war effort, which has portrayed the advising and training of Afghan forces as the key to the scheduled pullout of Western troops in 2014.

LATEST/BRIEF  NEWS:

PAKISTAN

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o   PML-N leader Qadir Zehri, his two body guards shot dead in Hub
o    We will surely take peace message to South Waziristan on October 6: Imran Khan



WORLD

o   Abu Dhabi's Etihad Airways open to more stake buys: CEO
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o   World diaper output may take a hit from blasts at Japan plant
o   Holiday gifts take wraps off China graft challenge
o   Former NY Times executive Arthur Sulzberger dies at 86
o   Qatar says worried about value of dollar, euro: CNBC
o   Crucial vote nears in Boeing contract talks
o   Dubai's Emaar sells hotel to Abu Dhabi firm
o   Tunisia plans to issue Islamic bonds early 2013: cenbank
o   Greece sure to get next aid tranche: German magazines
o   Wall St marks best third quarter since 2010
o   Samsung wins reconsideration of Galaxy Tab sales ban
o   EU raids lead recycling firms in cartel investigation
o   Tanzania licences first credit reference bureau
o   As Obama and Romney prep for debates, VP candidates seek votes
o   String of Iraq car bomb blasts kill at least 17
o   Insight: Azerbaijan eyes aiding Israel against Iran
o   Insight: Three lawyers ask U.S. Supreme Court: Why here?
o   NATO soldier, civilian, killed in Afghan "insider" attack
o   In Bo's old stronghold, fall blamed on Chinese elite intrigue
o   Analysis: Jonglei revolt gives South Sudan a security headache
o   Muslim protesters torch Buddhist temples, homes in Bangladesh
o   Spain debt rises on aid to banks, regions, finance cost
o   Ancient market burns as fighting rages in Syria's Aleppo
o   FX traders seek coaching in battle for dominance
o   Two Venezuelan opposition activists shot dead
o   Obama, Netanyahu seek to get past Iran differences
o   Former NY Times publisher Arthur Sulzberger dies at 86
o   China leaders stage show of unity after expelling Bo
o   Guantanamo's last Western detainee returned to Canada
o   Trial of pope's butler starts with setback for defense
o   Somalia's al Shabaab rebels pull out of Kismayu bastion
o   Spain debt rises on aid to banks, regions, finance cost
o   China leaders stage show of unity after expelling Bo
o   U.S. intelligence now says Benghazi attack "deliberate and organized"
o   Former NY Times executive Arthur Sulzberger dies at 86
o   With charts and charm, Paul Ryan aims to steady a shaken ticket
o   Anti-Islam filmmaker held at Los Angeles federal jail
o   U.S. immigration to treat same-sex partners as relatives
o   Cuban Jewish leader says Alan Gross fit, in good spirits
o   Republicans dump voter registration firm after fraud reports
o   CVR Wynnewood, Oklahoma refinery boiler blast kills worker
o   U.S. jury convicts Mexico's Gulf Cartel manager in drug case
o   Trial of Pope Benedict's former butler to start on Saturday
o   China takes islands dispute with Japan to pages of U.S. newspapers
o   China seals Bo's fate ahead of November 8 leadership congress
o   Obama blocks Chinese wind farms in Oregon over security
o   Republicans dump voter registration firm after fraud reports
o   China seals Bo's fate ahead of November 8 leadership congress
o   Fed's Fisher says U.S. "drowning in unemployment"
o   Syria rebels struggle to advance in Aleppo offensive
o   Romney campaigns in Pennsylvania despite state slipping away
o   Obama, Netanyahu seek to get past Iran differences
o   BofA pays $2.4 billion to settle claims over Merrill
Business News:
EXCHANGE FOR CURRENCY NOTES:

U.S.A              95.55
S.Arabia         25.48
U.K                 154.67
Japan              1.2302
Euro               123.07
U.A.E              26.01


BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)      Rs 5,3742
Silver Tezabi                Rs 994.28

Sun, 30 Sep 2012

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FBR extends deadline for filing Income Tax Returns till Oct 10
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LPG price jacked by Rs5/kiliogramme
Pakistan LPG Distributor

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Cut in POL, CNG prices notified
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Government approves cut in POL prices
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British Labour leader vows to break up banks
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Petrol prices likely to go down by Rs 6/litre
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1st. Oct. last date for change of old Rs500 notes
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Uzbekistan to join CIS free trade zone by yearend
TASKENT: Azbekistan will join Commonwealth of Independent States (CIS) free trade zone by the end of this year, ac

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Oil explorers give Karachi stocks a needed boost
KARACHI: The local stocks ended higher on Friday, driven by investors interest in oil exploration and production

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Oil extends gains in Asian trade
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Asian markets broadly up after Spain budget
HONG KONG: Asian markets mostly rose on Friday as eurozone debt concerns were eased after Spain unveiled swinging

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KSE goes down with oil giant OGDC
KARACHI: The local capital market ended lower on Thursday, in line with market heavyweight Oil and Gas Development

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Pakistan forex reserves fall 0.14pc to $14.841 billion
KARACHI: Pakistan s foreign exchange reserves dropped to $14.841 billion in the week ending Sept 21, from $14.863

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Euro remains pressured by Spain, Greece worries
TOKYO: The euro was mixed in Asia on Thursday with investors seeking refuge in the safe-haven yen as anti-austerity

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Oil prices rebound in Asia, Europe woes cap gains
SINGAPORE: Oil prices rebounded in Asian trade Thursday on bargain-hunting but escalating turmoil in debt-wracked



MOHAMMED SALEEM MANSOORI

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