Monday, 16 January 2012

DAILY BRIEF NEWS UPDATE:17.01.2012


Core committee stands behind embattled leadership
ISLAMABAD: Prime Minister Yousuf Raza Gilani received ‘applause’ from PPP leaders on Monday night for his earlier speech in the National Assembly and was assured of complete party backing when he would appear before the Supreme Court on Thursday to answer a contempt of court notice.
PPP’s senior members, including a number of federal ministers, assured the prime minister at a meeting, presided over by President Asif Ali Zardari, that ‘the party will stand behind him in adopting a stance that is correct, respectful and constitutional’.
Presidential spokesman Farhatullah Khan Babar told reporters after the meeting held in the Presidency that the PPP leaders had also ‘appreciated the support extended to leaders of the government and the party by all coalition partners and thanked them for it’.
He said the meeting held in the Presidency reiterated confidence in the leadership of President Zardari and Prime Minister Gilani, who also attended it.
Mr Babar said the meeting reviewed the current situation and ‘discussed ways and means of overcoming the challenges faced by the party and the government’.
Sources in the PPP told Dawn that the main purpose of the meeting was to devise a strategy for the prime minister`s appearance before a seven-judge SC bench hearing the NRO implementation case.
The PPP’s information secretary Qamar Zaman Kaira refused to give details of the strategy prepared by the party for Thursday. “Why should I share my party’s plan? How are you asking this question and why should I tell you anything which is secret?”.
Similarly, when asked whether the prime minister and his party would march to the Supreme Court in a procession, the presidential spokesman said he could not disclose details butonly say that the party did not plan to make the occasion a show of strength.
Earlier talking to reporters outside the Parliament House, Information Minister Firdous Ashiq Awan said all cabinet members would accompany the prime minister to the court. She said the resolution adopted in the National Assembly was aimed at strengthening parliament and not degrading any institution.
The meeting at the Presidency was attended by President Zardari’s sister Faryal Talpur, Leader of the House in Senate Nayyar Bokhari, Makhdoom Amin Fahim, Chaudhry Ahmed Mukhtar, Rehman Malik, Mir Hazar Khan Bijrani, Manzoor Wattoo, Syed Khursheed Shah, Makhdoom Shahabuddin, Syed Naveed Qamar, Babar Awan, Raza Rabbani, Jahangir Badar, Faisal Raza Abidi, Sardar Ali Khan, Nazar Gondal, Qamar Zaman Kaira, Raja Pervaiz Ashraf, Rana Farooq Saeed Khan, Rukhsana Bangash, Fouzia Habib, Mehreen Anwar Raja and Farhatullah Babar.

Talks at Presidency to end govt-army impasse
ISLAMABAD: Away from the political maelstrom generated by Supreme Court’s summoning of Prime Minister Syed Yousuf Raza Gilani on contempt charges, parleys between the government and the military establishment for defusing the situation continued on Monday.
Chairman Joint Chiefs of Staff Gen Khalid Shameem Wynne met President Asif Ali Zardari at the presidency for what a source described as a follow-up meeting to the talks held between the president and Army Chief Gen Ashfaq Parvez Kayani over the weekend.
Not much was officially said about the meeting between President Zardari and Gen Wynne except for a one-line statement by the presidency: Professional matters pertaining to the armed forces were discussed during the meeting.
However, knowledgeable sources contended that they focused on finding a way out of the ongoing impasse.
Though nothing can be said with certainty as to how the civil-military talks are progressing, but there are hints that some progress is being made.
An army official, after maintaining silence over media reports that Gen Kayani in his weekend meeting with Mr Zardari demanded retraction of PM Gilani’s comments about him (the army chief) acting unconstitutionally, confirmed that there was no such demand on the table.
He instead emphasised that the meeting was for lowering temperatures rather than raising it.
The presidency had denied that (the media report) immediately after it had been first reported by a news agency.
But some observers following the civil-military dialogue worried that legal developments could unsettle the easing of tensions between the government and the army.
Some even think that the military was the real force driving the legal battles in the Supreme Court-both the NRO and the memogate cases that can potentially cause the government’s downfall.
It was probably in the context of these widespread doubts that Prime Minister Gilani, while speaking in the National Assembly, said the army and judiciary must prevent democracy from being derailed.

The Pakistani Taliban leader killed


According to Pakistani intelligence services officials, Hakimullah Mehsud, leader of the pakistani Taliban movement has been killed by an air strike by the U.S. drone yesterday Sunday 15th.

Business News

Mon, 16 Jan 2012

-
IMF programme ends; Pakistan needs funds for payment
ISLAMABAD: Pakistan, after the end of IMF programme, is in need of funds for making foreign payments and now the M

-
Fertilizers lead KSE to 11,112 points
KARACHI: Share prices at Karachi Stock Exchange (KSE) rose on Monday, led by the fertiliser sector, but in thin vo

-
Lahore CNG stations closed till Wednesday
LAHORE: CNG stations in the city are closed for two and a half days following the gas load management program, Geo

-
Asian shares fall after European downgrades
HONG KONG: Asian markets fell and the euro sat near 16-month lows on Monday after Standard Poor s cut the rating

-
Euro remains under pressure after downgrades
TOKYO: The euro remained under pressure in Asia Monday after slumping at the end of last week following Standard

-
Oil higher in Asian trade on Nigerian unrest
SINGAPORE: Oil prices rose in Asian trade on Monday as worries over supply disruptions in Nigeria outweighed conce

-
Pakistan to market agri products in Int?l Green Week
LAHORE: The Punjab government has decided to participate in an International Green Week (IGW) in Berlin, Germany,

-
Political instability to weigh on KSE: dealers
KARACHI: The Karachi Stock Exchange (KSE) is likely to continue moving under the shadow of electoral politics next

-
CNG closed for third day in Faisalabad, Bahawalpur
FAISALABAD: CNG stations in Faisalabad and Bahawalpur regions remained closed for the third consecutive day on Sat

-
CNG stations reopen in Sindh after 24 hours
KARACHI: CNG stations in Sindh including Karachi reopened on Saturday at 9 am after 24-hour closure, Geo News repo

-
Italy''s crisis opens doors to cash-rich mafia
MILAN: When Italian construction group Perego was struggling back in 2008, a white knight flush with cash rode to

-
Wall Street slips on reports of euro-zone downgrades
NEW YORK: Stocks dropped on Friday, snapping a four-day winning streak, after news reports that Standard Poor s

-
CNG stations closed for 24 hours
KARACHI: All the CNG stations across Sindh province including Karachi has been shut for 24 hours from 9am today (F

-
Euro holds steady amid eased worries over Europe
TOKYO: The euro held steady against other major currencies in Asia on Friday as investor confidence improved after

-
Oil higher in Asian trade on Nigeria unrest
SINGAPORE: Oil prices moved higher in Asian trade Friday amid the threat of a production shutdown in Nigeria, Afri


 

  LATEST/BRIEF NEWS:

·       National Assembly meets today
·       Reopening Swiss cases: PPP unlikely to budge on immunity question
·       The senior leadership of Pakistan Peoples Party at its meeting in Islamabad reviewed the current situation in the country.
·       The National Assembly has passed a resolution with majority votes in favour of political leadership and strengthening of democratic system in the country.
·       SC revokes Babar Awan’s licence for law practice
·       China supports political forces in Pakistan
·       Ijaz working for ISI, claims ex-Raw chief
·       Ijaz seeks more time to appear before panel
·       Democracy resolution pushed thru divided NA
·       SC charges PM with contempt
·       Imran assures full support to SC on NRO
·       SC moved against President, PM
·       Coalition lawmakers repose confidence in PM
·       KSE gains 99 points on foreign buying
·       UN adds two Haqqanis to terrorist list
·       Mixed reaction to contempt of court on PM
·       Petition filed in SC for disqualification of President Zardari, PM Gilani


Mohammed Saleem Mansoori















































  

No comments:

Post a Comment