Thursday, 20 October 2011

DAILY BUSINESS BRIEF NEWS:21ST OCTOBER,2011




Clinton to appeal to Pakistan public on militancy
ISLAMABAD: Secretary of State Hillary Clinton Friday plunges into new talks to press US demands for Islamabad to dismantle Taliban safe havens, while appealing to Pakistan’s deeply mistrustful public at large.
The visiting top US diplomat will meet separately with President Asif Ali Zardari and Foreign Minister Hina Rabbani Khar, after four hours of talks Thursday involving military, intelligence and civilian leaders from both sides.
In a town-hall style forum to be broadcast live on television, Clinton will also engage Friday in a give-and-take with the Pakistani public, which should involve scores of civil society leaders, women and business leaders.
US officials said Clinton would reiterate her strongly worded arguments about the need for Pakistan to dismantle safe havens on its soil, which are used by militants fighting US-led troops in neighbouring Afghanistan.
“She’ll make essentially the same types of points but she’ll make it in a more conversational, populist style and then she’ll take questions, because we really do want to engage with the Pakistani public,” one senior official said.
“And we want to ensure that we are really having a dialogue about our relationship going forward because we both have a lot at stake here,” the State Department official told reporters on condition of anonymity.
A Pew Research Center survey in June said just eight per cent of Pakistanis had confidence in US President Barack Obama “to do the right thing in world affairs” —as low as George W. Bush’s rating at the end of his presidency.
US-Pakistan relationship at new low: Musharraf

LITTLE ROCK, Arkansas: Former President Pervez Musharraf says the relationship between Pakistan and the United States is at its lowest point and plagued by ”total mistrust.”
Musharraf told an audience in the state of Arkansas on Thursday that the Pakistani military was guilty of ”terrible negligence” in allowing Osama bin Laden to go undetected before he was killed in a US raid in May.
And he says Pakistan hasn’t done enough to target Taliban-affiliated militants known as the Haqqani network.
But Musharraf says US leaders are wrong to accuse Pakistan of aiding militants. He blames American mistakes in Afghanistan for the Taliban’s re-emergence.

Business News

Thu, 20 October 2011 19:06:00 +0000 
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KSE recovers 44 points on fresh buying
Volum 
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Asian markets fall on eurozone, US fears
As traders nervously awaited a weekend summit of European Union leaders, there were concerns that a plan to deal with the region"s crisis would not be far-reaching enoug 
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Oil prices mixed in Asian trade
In morning trade, New York"s main contract, light sweet crude crude for November delivery, was down eight cents at $86...03 a barrel, extending sharp falls i 
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Dollar, euro rangebound ahead of Fed speeches
The euro was at $1...3763 and 105...74 yen in Tokyo, up from 
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CNG suspended for 3 days in Faisalabad region
The supply was s 
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Rs...5 billion more issued for PSO
It is to be mention 
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Yasin Anwar appointed new SBP Governor
Earlier reports said three names were being 
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Euro edges higher against dollar
The European single unit edged up to $1...3767 in Tokyo trade from $1...3752 in New York late Tuesday... But the unit slipped to 105...55 
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Asian shares rise on Wall St lead, Europe hopes
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Crude mixed in Asia after Wall Street gains
Brent North Sea crude for December deli

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Mohammed Saleem Mansoori





























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