Sunday 2 September 2012

LATEST NEWS UPDATE:03.09.2012



MQM, PPP fail to agree on LG set-up

ISLAMABAD: The Pakistan People’s Party and Muttahida Qaumi Movement have failed to reach accord on the shape of the new local government system in Sindh, and the MQM is reported to have decided to discontinue negotiations with the government on the issue.
The MQM, according to a party insider, has refused to hold further talks on the issue after a series of meetings held recently with the PPP in Islamabad and Karachi did not achieve any breakthrough.
“In a series of meetings held between the PPP and MQM over the LG system for Sindh, the two sides have failed to reach accord
to hold the LG polls in the province before general elections which are scheduled to be held in March 2013,” said the source privy to the development.

President’s Spokesman Senator Farhatullah Babar did not confirm the failure of talks between the two parties but said local bodies elections were not going to be held immediately.
“It is a wrong impression that President Asif Ali Zardari has asked the provincial government of Sindh to hold LG elections immediately,” he said.
An MQM delegation will raise the issue of the LG system during its meeting with President Zardari in Bilawal House Karachi on Monday and apprise him of its reservations.
“We think that both parties have wasted time because PPP has turned down all demands of the MQM for holding the LG polls in Sindh,” said Wasay Jalil, a leader of the Muttahida.
Mr Jalil is a member of the MQM’s committee on local government which has remained engaged with the PPP for a long time.
He said the Muttahida had decided not to sit with the PPP on the issue of LG system because the PPP backed out of its promises regarding functions of devolved ministries after all matters had been settled by the two parties.
“The PPP earlier agreed to incorporate the functions of some 15 devolved ministries in the LG system but later it backed out,” he said.
Mr Jalil said MQM leader Farooq Sattar called President Zardari last week and informed him that the MQM would hold no more talks on the issue because the PPP was reluctant to meet the MQM’s demands even though everything had been decided. He said the issue of development projects of Karachi would also came under discussion at the Monday meeting.
Although the government is about to complete it five-year tenure it has failed to introduce a local government system in the country in place of the one enforced by Gen Musharraf.
The country’s main opposition party – Pakistan Muslim League-Nawaz – which rules Punjab, has done no better and has failed to introduce a new LG system.
Balochistan is the only province which has implemented a new LG system but the system is said to be flawed and needs
rectification.

The Awami National Party (ANP), which is PPP’s main coalition partner in Khyber Pakhtunkhwa, is said to be in a position to hold LG polls in the province before the general elections.
“We have prepared a draft of the new system and can hold local bodies elections before general polls,” said an ANP leader who did not want to be named.
The Balochistan government has prepared an LG law but it is said to have many flaws. And a draft of the LG Act prepared by the Punjab government is yet to be taken up by the provincial assembly.
After the lapse of the Local Government Ordinance 2001 and empowerment of provinces to deal with the local government system, the provinces were to enact their own LG acts but they have so far failed to do so, causing administrative and other problems and poor delivery of services by departments.
3 killed, 5 injured in Peshawar blast
PESHAWAR: Three persons were killed while five others were wounded in a blast that occurred in University Town of Peshawar Monday, Geo News reported.
According to police, a blast occurred in a vehicle at Abdara Road in University Town today that killed three persons and injured five others, including foreigners.
Police and rescue teams have reached the spot and efforts are underway to shift the injured and bodies to the hospital.
Security forces have cordoned off the area and started investigation.
 LATEST/BRIEF  NEWS:

PAKISTAN

o    Two bodies found in Peshawar
o   CJ to hear B’stan law & order case
o   SC to begin missing persons case today
o   'Will contest elections with allies'
o   7 militants killed in South Waziristan
o   Peace in Sindh being destroyed: Chandio
o   Rawalpindi’s Nala Lai surges to threatening level
o   NA, Senate sessions to begin debate over vital issues today
o   Karachi: JUI leader escapes attempt on his life
o   Karachi police book 7 including bike-jackers
o   Islam & democracy compatible, complementary, intertwined: Sherry
o   CID Police arrest 95 persons’ target killers, gangsters in Karachi
o   Pakistan has best buffalo breeds in world
o   PEW flays recent hike in petroleum, CNG prices
o    President to sign Special Economic Zone Bill on 10th
o    President to sign Special Economic Zone Bill on 10th
o   CAA Lahore wants control over construction around airport
o    Fiery NA, Senate sessions today
o    PPP for LB polls before general elections: Zardari
o   Nawaz wants war on terror policy reviewed

WORLD

o   Police: Blast near UN office in northwest Pakistan kills 1, wounds 4
o   Police: Blast near UN office in northwest Pakistan kills 1, wounds 4
o   Police: Blast near UN office in northwest Pakistan kills 1, wounds 4 Syrian activist groups say
o   5,000 people were killed in August, making it deadliest month
o   Syrian state news agency says explosion targeting army post rocks central Damascus
o   ASCAP spokesman: Legendary songwriter Hal David dies in LA at 91
o   New UN envoy to Syria says Damascus must realize need for change is 'urgent' and 'necessary.'
o   Afghan officials: At least 12 people killed in double suicide bombing near NATO base in east
o   Pakistani intelligence officials: US missile strike kills 5 militants in northwest Pakistan US
o   attorney: Mexico extradites alleged drug cartel member Eduardo Arellano-Felix to US
o    CORRECTS: No evidence that sick animals entered food supply from Calif. slaughterhouse
Business News:

EXCHANGE FOR CURRENCY NOTES:

U.S.A              95.39
S.Arabia         25.44
U.K                 150.66
Japan              1.2161
Euro               119.41
U.A.E             25.97

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)     Rs 50,271
Silver Tezabi             Rs 882.85

Sun, 2 Sep 2012

-
Punjab spending Rs 4 billion in IT sector
LAHORE: The provincial government is spending Rs 4 billion in the IT sector during the current fiscal to make Punjab

-
Petroleum products prices jacked by up to Rs8.18/litre
ISLAMABAD: Passing on the impact of the rise in global oil prices, the government increased the POL prices by Rs8.

-
50% POL price increase to be transferred to consumer
ISLAMABAD: The government has advised the finance ministry to transfer 50 percent of the price in petroleum prices

-
POL prices to increase by up to Rs8
ISLAMABAD: The finance ministry dismissed the advice of petroleum adviser Dr. Asim Hussain and decided to transfer

-
Dollar eases ahead of Bernanke speech
TOKYO: The dollar weakened in Asia on Friday as traders looked ahead to a speech by US central bank chief Ben Bern

-
Asian markets slip, Tokyo hit by weak data
HONG KONG: Asian markets slipped further on Friday as a weak set of Japanese economic figures added to growing pes

-
Oil down in Asia as Fed stimulus hopes dim
SINGAPORE: Oil was down in Asia on Friday as hopes that US Federal Reserve chief Ben Bernanke will announce a new

-
Three-day closure of CNG station in Faisalabad region
FAISALABAD: CNG stations in all eight districts of Faisalabad region have been shut on Thursday for three days under

-
Dollar weakens in Asia after US economic data
TOKYO: The dollar weakened in Asia Thursday after new US data gave a cautious view of the world s largest economy

-
Asian markets ease after flat Wall St lead
omic

-
Oil prices ease as US facilities avoid hurricane''s fury
SINGAPORE: Crude oil prices fell in Asian trade Thursday as supply concerns eased after Hurricane Isaac left product

-
Samsung unveils first new Windows Phone
BERLIN: Samsung Electronics launched the world s first smartphone using Microsoft Corp s latest mobile software on

-
PC, IFC sign MoU
ISLAMABAD: The Privatization Commission of Pakistan (PC) and International Finance Corporation (IFC) here Wednesday

-
FBR extends sales tax return date to Sep 5
Seni

-
Rs.19 per kg increased on LPG prices
KARACHI: LPG prices are increased by Rs.19 throughout the country following the increase of LPG prices in the world


MOHAMMED SALEEM MANSOORI

No comments:

Post a Comment