Wednesday, 3 April 2013

LATEST NEWS UPDATE: 04.04.2013



Democracy to flourish despite conspiracies: Zardari
NAUDERO: President Asif Ali Zardari on Thursday said that many forces were hatching conspiracies against democracy and hoped that the real democracy would flourish in the country with the support of people.
Addressing a gathering here on the eve of 34th martyrdom anniversary of Shaheed Zulfikar Ali Bhutto, the President said, “We took bold decisions in the larger interest of the country and people, and to secure the future of our coming generations despite so many challenges.”
President Zardari said that the PPP government had proved that only democracy was a panacea to all problems and the people were conscious, who could not be betrayed through any drama.
Paying glowing tribute to Shaheed Zulfikar Ali Bhutto, the President said that today the entire world acknowledged the philosophy of Quaid-e-Awam, who empowered the downtrodden segments of the society and gave the country a unanimous 1973 Constitution.
He said that he preferred to write history instead of remaining mere in media headlines.
The PPP had made the history by transferring all powers to the elected prime minister and the Parliament, which was tantamount to empowering the people. It was the PPP’s policy that the power rested with the people.
The President said that during the last five years, the PPP- led coalition government put the country on the right path. But some of the opponents were giving the expression that the country’s economy was weak, which was totally wrong as multinational companies were investing in the stock market.
He said that the PPP government maintained good regional relations.
He added that there were political differences but not personal enmity with any one that was why that there was no political prisoner in the country as on today.
Earlier, PPP Chairman Bilawal Bhutto Zardari while speaking to the gathering, said that it was Shaheed Zulfikar Ali Bhutto who gave Constitution to the country, empowered the poor, made Pakistan’s defence impregnable by making it an atomic power, but he was judicially murdered by an army dictator.
Then his daughter Shaheed Benazir Bhutto pursued his mission but she was also implicated in false cases and her brothers were martyred. But the two leaders were still alive in people’s hearts, he added.
Bilawal Bhutto Zardari said the energy policy of his mother not discontinued the country would not have been facing power crisis today.
He said that after martyrdom of Benazir Bhutto, President Zardari raised the slogan of ‘Pakistan Khapey’ when the country’s solidarity was in danger. He continued the policy of his leaders and fought for the rights of the people, he added.
Bilawal said that the PPP Government restored the 1973 Constitution and parliament’s powers, gave provincial autonomy, announced 7th NFC Award, besides media freedom and women rights.
He said that the country had been made self-sufficient in food. The Iran-Pakistan gas pipeline and handing over of Gwadar Port to China were the landmark achievements of the PPP government.
Bilawal said that the PPP workers were the real asset of the party and they would continue the mission of their leaders.
Later, a two-minute silence was observed, followed by Dua and Fateha for the departed soul of Shaheed Zulfikar Ali Bhutto.

 BRIEF: (PAKISTAN)
o   Supreme Court resumes Karachi unrest case hearing
o   Altaf to address a vital press conference today
o   ZAB death anniversary being observed
o   Zardari says 'we set Pakistan direction right'
o   Ex-UC Nazim house attacked in Karachi
o   Arshad Pappu case: inspector Yousuf Baloch arrested
o   Inspector Yousuf Baloch held in Arshad Pappu murder case
o   Several held in Karachi Rangers operation
o   Karachi: Rangers continue operation in Baldia Town
o    Naudero: PPP begins election campaign
o   TTP behind Peshawar grid station attack: ISPR
o   Wattoo presents valid degrees to media
o   Made no deal to come back, says Mengal
o    In Sindh, S Punjab everything in politics belongs to pirs
o   Farah Khan to contest from PK-41
o   Pakistan doesn't need large army, says Senator Adeel
o   Elections to be the deathbed of corrupt, says Nawaz
o   NAB deadline for defaulters expires today
o   Pakistani immigrants third largest in UK
o   Karachi trial court to go by own in NICL scam
o    PM Khoso keeps defence, foreign affairs portfolios
o    Election Commission net holes too wide for loan gluttons
WOLRD(Brief News):
o   North Korea pressures South by halting entry to industrial zone
o   China first-quarter GDP likely nudged higher, recovery on track
o   Hostilities flare along Israeli-Gaza border
o   Syrian jet flies into Lebanon, fires missile
o   South African doctors say Mandela "much better"
o   Obama launches fund-raising blitz to help Democrats in Congress
o   Analysis: Jobless youths could drag on recovery
o   Insight: Young nation Kyrgyzstan fights over gold at top of the world
o   Secretary of State Kerry to visit Turkey: official
o   China March services PMIs hit multi-month highs
o   Insight: In Malaysia's election, a focus on rainforest graft
o   U.N. overwhelmingly approves global arms trade treaty
o   Arizona city becomes state's first to allow same-sex civil unions
o   N.Y. politicians arrested in alleged mayoral race bribe scheme
o   Iran's nuclear program entails huge costs, few benefits: report
o   Israel launches air strikes on Gaza; first since truce
o   Analysis: Spills flame Canadian oil debate, but won't curb flows to U.S
o   Analysis: Stockton and San Bernardino, a tale of two bankruptcies
o   SEC says companies may announce key data on social media
o   Cyprus finance minister quits after bailout concludes, investigation begins
o   North Korea to restart nuclear reactor in weapons bid
o   Insight: In Malaysia's election, a focus on rainforest graft
o   U.N. overwhelmingly approves global arms trade treaty
o   Exclusive: Nationwide, Reich & Tang to buy HighMark funds -sources
o   Hiring in March could point to firming economy
o   Credit Suisse says NY mortgage case too little, too late
o   Exclusive - Pfizer, Novartis, Abbott weigh bids for Brazil's Ache - sources
o   Six European states take aim at Google privacy policy
o   Armed men attack Baghdad newspaper offices over story on cleric
o   Parties carp as Italy's "wise men" seek end to political crisis
o   Analysis: Big Pharma down, not out, after Indian patent blow
o   South Africa's Zuma rejects criticism of Central African mission
o   Insight: Pope to review Vatican bureaucracy, scandal-ridden bank
o   Factory orders rise, boosted by aircraft
o   Insight: Inside Laiki - Countdown to catastrophe
o   Slovenia backs Croatia's EU entry after bank dispute set aside

WOLRD BUSINESS(Brief News):

o    Stock futures edge higher, S&P's record high within view
o    S.Africa's Gold Fields says Ghana miners on wildcat strike
o    Indian PM says downturn passing, asks industrialists for faith
o    TD CEO Ed Clark to retire in 2014; Masrani named successor
o    Mortgage applications fell last week: MBA
o    Libya oil output rises to 1.55 million bpd
o    JinkoSolar to supply 115 MW of panels to South Africa
o    Energy supplier SSE fined £10.5 million for mis-selling
o    Uganda cbank holds key rate steady, ups growth forecast
o    EU transaction tax seen raising cost of issuing UK debt
o    Uganda sees 6-7 pct GDP growth in 2012/13 vs earlier 4.3 pct forecast
o    Barclays put profit ahead of customers

Business News:

Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              99.28
S.Arabia         26.47
U.K                 149.75
Japan              1.0615
Euro               127.13
U.A.E             27.03

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)    Rs50,485
Silver Tezabi               Rs857.14



Thu, 4 Apr 2013
-
Sindh CNG stations to be closed for 24 hours today
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Oil mixed in Asian trade

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Dollar firms in Asia on upbeat manufacturing data

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Oil down in Asian trade

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Cements help Karachi stocks build a recordmaking rally

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Dollar weakens in Asia after poor US data

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Oil prices fall in Asia after weak US data

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Sindh depends on imported onion from India

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CPI-based inflation rises to 0.41pc month-on-month

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LPG prices decreased across Pakistan

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Oil prices down in Asia on profit taking

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Asian markets slip, Tokyo hit by strong yen

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Euro weakens in Asian trade on Cyprus, Italy worries

-
Petroleum prices see a modest downward revision




MOHAMMED SALEEM MANSOORI

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