Monday, 9 January 2012

BRIEF NEWS UPDATE: 10.01.2012


US says backs strong govt-army dialogue in Pakistan
WASHINGTON: Welcoming Sherry Rehman, as Pakistan’s new envoy to US, state department’s Victoria Nuland Monday said that US supported a strong dialogue between Pakistan’s civilian government and military establishment, Geo News reported.

“We've long supported the civilian government in Pakistan. We cooperate closely with Pakistani civilian government, but we also cooperate closely with the military, and we want to see strong dialogue between them inside Pakistan," said she.


"We'll obviously welcome Pakistan's new ambassador to the United States. She'll be received here. At an appropriate moment, she'll also present her credentials at the White House when they schedule that," said Nuland.

"It'll be a good chance, in the new year, to talk about the important work that we have to do together," Nuland added.

Nuland, however, refused to be drawn into the internal affairs of Pakistan when asked about the statement coming from the Prime Minister of Pakistan calling the actions of the head of the army and the head of ISI in giving statements to the supreme court illegal and unconstitutional.


"I think you're trying to draw me into internal discussions inside Pakistan. I'm not so sure that that's appropriate from this podium," she said.


To a question regarding an US think tank’s letter to state department about threats to former Pakistani envoy to US, Husain Haqqani’s life, she said that they have received it, adding, the concerns expressed in it were being pondered upon.


Meanwhile, White House Press Secretary Jay Carney responding to questions on US-Pak relationship with the arrival of Sherry Rehman in Washington said the Obama Administration was working to improve its relationship with Pakistan as this is in the interest of the US.


"We have an important relationship with Pakistan. We have a complicated relationship with Pakistan. We continue to work on it because it's in the interests of the American people and in the interests of American national security to do so," Carney said.


"I don't have any updates on that for you except to say that we are working with Pakistan precisely because it's in American national security interest to do so. And we will continue to do that," Carney said in response to a question.



Business News

Tue, 10 Jan 2012
-US data, Iran fears send oil higher in Asia
SINGAPORE: Oil prices rose in Asian trade Tuesday with buoyant US consumer data and heightened worries over Iran s 
-Euro stable in Asia after French-German talks
TOKYO: The euro was stable against major currencies in Asian trade Tuesday as investors focused on European reacti 
-Asian shares up on US data
HONG KONG: Asian shares rose Tuesday, following a lead from Wall Street after more upbeat US data, although a meet 
-Swiss central bank chief quits over wife''s currency deal
BERNE: Swiss National Bank Chairman Philipp Hildebrand resigned with immediate effect on Monday, saying he could n 
-KSE sheds 85 points, ends at 11,040
KARACHI: The Karachi Stock Exchange s (KSE) benchmark 100-share index ended 0.76 percent, or 85.05 points, lower a 
-Rupee dips to new low but trims losses before close
KARACHI: The rupee fell sharply on Monday to hit a record low of 91.28 to the dollar, but recovered most of the lo 
-Oil down in Asian trade
SINGAPORE: Oil prices were down in Asian trade Monday on concerns the European debt crisis could worsen, analysts 
-Euro dives below $1.27 in Asia
SINGAPORE: The euro dived below $1.27 in Asia on Monday as traders flocked to the dollar following a slew of posit 
-CNG stations shut for 3 days in Lahore
LAHORE: All CNG stations in Lahore shut at 6 am on Monday for three days under the schedule of OGRA, Geo news repo 
-2nd day of CNG closure in Balochistan
QUETTA: CNG stations in Balochistan including Quetta are closed on second consecutive day due to gas shortage, occ 
-CNG stations open in Faisalabad, Bahawalpur
FAISALABAD: All CNG stations in Faisalabad and Bahawalpur regions opened on Sunday at 6am, however gas supply to i 
-Yahoo searching for new board members: source
SUNNYVALE, California: Yahoo Inc is searching for new members for its board of directors, following its hiring of 
-''Punjab industries to get gas two days in a week''
LAHORE: Federal Minister for Petroleum Dr Asim Hussain has said that all the industries of Punjab would be supplie 
-Euro sinks to mutli-month lows
NEW YORK: The euro fell below $1.28 for the first time since in 16 months on Friday, as the eurozone debt crisis r 
-Karachi stocks end up in ?red zone?
KARACHI: The benchmark 100-Index of Karachi Stock Exchange Friday lost 62.53 points to close at 11,125.35 points,

LATEST/BRIEF NEWS:

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·       NRO Implement case: Court may issue interim order today

·       COAS, ISI chief replies illegal: PM

·       Haqqani seeks staying commission proceedings

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·       Malik pledges security if Nawaz takes Ijaz to Raiwind

·       Ex-president for rescue of Pak-US ties

·       Pakistani surgeon lands in Guinness Book

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·       Musharraf to land in Landhi jail, says Wassan

·       Musharraf braces for legal battle

·       Bill Gates offers Arfa treatment in America

·       China -Pak friendship, embracing the future

·       Question of presidential immunity

·       FBR chief for all efforts to achieve target

·       SECP issues orders and warning letters

·       Stock market loses 85 points in thin trade

·       NAB submits report on Adnan Khawaja

·       Iran bunker site raises nuclear stakes

·       PPP MNA Azeem Khan dies in road accident

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Mohammed Saleem Mansoori

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