Sunday, 16 September 2012

LATEST NEWS UPDATE: 17.09.2012



Thousands rally in Pakistan against anti-Islam film
KARACHI: Thousands of people rallied across Pakistan on Sunday to denounce an anti-Islam film with protestors burning US flags and effigies of President Barack Obama, and calling to sever ties with Washington.
At least eight people were injured when protestors clashed with police outside the US consulate in Pakistan’s port city of Karachi, officials said.
Police fired bullets in the air and used tear gas and water cannon to disperse some 1,000 people at the rally organised by a Shia religious organisation, according to an AFP photographer.
At one stage protestors broke through security cordons and got close to the heavily guarded US consulate, pelting the building with stones.
They chanted “Down with America”, “We will sacrifice our lives to safeguard the honour of the Prophet” and “Hang the film maker.” City police Chief Iqbal Mehmood told AFP at least 20 people were arrested.
Richard Silver, a spokesman for the US consulate, said there had been no damage or injury to any personnel at the mission.
Also in Karachi some 1,500 people joined a rally organised by the Jamiat Ulema-e-Islam (JUI).
Elsewhere in Pakistan, more than 6,000 people gathered in the eastern city of Lahore to condemn the movie, according to local police estimates.
Organised by the banned charity Jamaat-ud-Dawa, which is seen as a front for the Lashkar-i-Taiba terror group blamed for the 2008 Mumbai attacks, the protest remained peaceful.
Addressing the rally, Jamaat-ud-Dawa leader Hafiz Saeed demanded US diplomats be expelled from Pakistan and accused the US of conspiring against Muslims.
He also announced plans to hold a long march towards Islamabad on the issue but did not give any date.
In the southwestern city of Quetta, the JUI and pro-government Balochistan Muttahida Mahaz (BMM) party held separate demonstrations, in total attended by over 1,000 people.
In the central city of Multan, more than 600 local traders held a rally and burnt effigies of the film-maker and controversial US pastor Terry Jones, who has promoted the film.
Some 500 protestors also rallied in Muzaffarabad, the capital of Pakistan-administered Kashmir, where the local chief of Jamaat-ud-Dawa, Maulana Abdul Aziz Alvi, described the movie as “shameful”.
The low-budget movie, entitled “Innocence of Muslims”, has sparked fury across the Islamic world for mocking the Prophet Mohammed, and for portraying Muslims as immoral and gratuitously violent.
Police have beefed up security around US missions in Pakistan after violent attacks on American consulates and embassies in Egypt, Libya and Yemen.

LATEST/BRIEF  NEWS:

PAKISTAN

o    3 of a family killed over land dispute
o   POL prices hiked by up to Rs6.82/litre
o   Anti-Islam film: Protest in Karachi
o   Protests against anti-Islam film in Pak
o   Protesters march on US Consulate
o   Sindh courts on strike over profane movie, Karachi tragedy
o   Infected sheep to be disposed of
o   CNG closed for three days in Multan
o   Pakistani community leader Mansoor Shah killed in Dallas
o   Three killed, 100 injured as two trains collide near Bin Qasim
o   Zardari, allies to discuss PM’s court appearance on Monday
o    Pakistan, India set to clash in T20 warm up on Monday
o   No let-up in Karachi violence, 11 killed


WORLD


  • Alliance Boots says to buy $91 million stake in China pharma retailer
  • Deutsche to trim Mideast investment banking staff: sources
  • Emaar to build five-star Dubai hotel in first post-crisis venture
  • Greece will get "cost-neutral" debt extension: Fekter
  • Canada's CAW union says deals far off but Ford talks advance
  • Flaherty says currency intervention would have only limited affect
  • JPMorgan faces money laundering probe: source
  • Greek opposition leader hardens anti-bailout stance
  • "Momentum" but no deadline in Trans-Pacific trade talks: U.S.
  • CAW "hopeful" one of Detroit 3 to accept its new hire proposal
  • Tanzania inflation slows for 8th month in August
  • Sweden skeptical on EU banking union plans
  • Warren Buffett says cancer radiation treatment completed
  • Deutsche Bank director calls for bonus caps
  • Germany says further steps needed before banks tap ESM
  • Fury over Mohammad video simmers on in Muslim world
  • Romney hits Obama on looming "fiscal cliff"
  • Man charged with trying to bomb downtown Chicago bar
  • Islamist militants attack Egypt security headquarters in Sinai
  • Panetta seeks closer Sino-U.S. ties as China military expands
  • Chicago teachers rally after tentative labor deal
  • Six troops die in weekend "insider" attacks in Afghanistan
  • China struggles to curb anger as protesters denounce Japan
  • Syria envoy meets Assad, says conflict is global threat
  • Anti-Putin protesters show their strength in Russia
  • JPMorgan faces money laundering probe: source
  • Fury over Mohammad video simmers on in Muslim world
  • Taliban bomb kills 14 people in Pakistan near Afghan border
  • Greek opposition leader hardens anti-bailout stance
  • Anti-Putin protesters show their strength in Russia
  • Man charged with trying to bomb downtown Chicago bar
  • Afghan policeman kills two British soldiers
  • Warren Buffett says cancer radiation treatment completed
  • Fury over Mohammad video simmers on in Muslim world
  • Chicago teachers rally after tentative labor deal
  • Romney hits Obama on looming "fiscal cliff"
  • U.S. orders embassy staff to leave Tunis, Khartoum
  • U.S. won't tolerate efforts to harm Americans: Obama
  • Chicago teachers fear wave of school closings after strike
  • Pope urges Lebanon to set an example for co-existence
  • China's Xi finally appears in public amid rumors over health
  • Chicago teachers to stage big rally amid hopes of end to strike
  • Occupy Wall Street plans to surround NYSE to mark anniversary
  • Unification Church head Sun Myung Moon buried in Korea
  • Apple did not violate Samsung patents: U.S. trade judge
  • Taliban link Afghanistan attack to anti-Islam film
  • Google rejects White House request to pull Mohammad film clip
  • U.S. officials offer differing explanations of Libyan attack
  • After Zuckerberg talks, Facebook gains $6.8 billion
  • New round of quantitative easing biggest yet?
  • Gasoline pushes up inflation, could dent growth
  • Obama honors dead from Libya, vows resolve in Mideast
  • U.S. budget cuts would slash $54.7 billion from Pentagon in FY13
  • Texas, North Dakota universities re-opened after bomb scares
  • Google rejects White House request to pull Mohammad film clip
Business News:

EXCHANGE FOR CURRENCY NOTES:

U.S.A              95.45
S.Arabia         25.45
U.K                 154.53
Japan              1.2296
Euro               124.32
U.A.E               25.99


BULLION RATES IN RUPEES PER 10 GRAMS

KARACHI
Gold Tezabi (24-ct)      Rs 53,314
Silver Tezabi                 Rs 1007.14
 Mon, 17 Sep 2012

-
CNG closed for three days in Multan
MULTAN: Around 200 CNG stations have been closed in Multan region for three days from early in the morning at 6.00

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Asian markets take breather after surge on Fed move
HONG KONG: Asian markets were mixed in early trade on Monday following strong advances at the end of last week aft

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Oil up in Asia on Fed stimulus, Middle East unrest
SINGAPORE: Oil prices rose in Asia Monday as dealers welcomed the US Federal Reserve s plan to kick start the economy

-
POL prices hiked by up to Rs6.82/litre
ISLAMABAD: In its weekly revision the Oil Gas Regulatory Authority (OGRA) has notified the change of petroleum p

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Petrol price goes up by Rs6.82/litre from tomorrow
ISLAMABAD: The ministry of finance has approved the proposal forwarded by Oil and Gas Regulatory Authority (OGRA)

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Petrol price likely to go up by Rs6.82/litre
KARACHI: The Oil and Gas Regulatory Authority (OGRA) has forwarded a proposal to the Ministry of Finance seeking a

-
Petrol price may go up by Rs5.50/ltr
KARACHI: The price of petrol is likely to hike by Rs5.50 per litre, whereas diesel could go cheaper by Rs1.25/litre

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Dollar mixed in Asia after Fed easing
TOKYO: The dollar slid further against the euro in Asian trade Friday after the US Federal Reserve announced further

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Oil rises in Asia on Fed stimulus
SINGAPORE: Oil prices rallied in Asia Friday as traders celebrated a fresh round of quantitative easing announced

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CNG pumps to remain closed for 48 hours in Sindh
Accord

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EU approves trade incentives for Pakistan
KARACHI: European Parliament Thursday gave a go ahead to the temporary trade incentives for Pakistan, two years af

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FBR halves gas surcharge for industries
KARACHI: In order to facilitate the business community the government has halved the recently imposed Gas Infrastructure

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Asian markets tread water ahead of Fed decision
HONG KONG: Asian markets were mixed in early trade on Thursday, while the euro edged higher, ahead of the end of a

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Dollar weakens in Asia ahead of Fed announcement
TOKYO: The dollar edged down in Asia on Thursday as dealers await the outcome of a US Federal Reserve policy meeting

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Oil prices rise in Asian trade
SINGAPORE: Oil prices rose in Asian trade Thursday as tensions sparked by the killing of the US ambassador to Libya



MOHAMMED SALEEM MANSOORI

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