Thursday, 13 December 2012

LATEST NEWS UPDATE: 14.12.2012



US presses Pakistan on bomb fertilizer
WASHINGTON: US officials called Thursday on Pakistan to crack down on the production of a common fertiliser, saying it was used to make bombs that have claimed the bulk of troop deaths in Afghanistan.
As the long-tense US-Pakistan relationship improves slightly, US officials credited Islamabad with taking the issue more seriously but said that much more needed to be done by authorities and producers of the fertiliser.
Calcium ammonium nitrate is responsible for more than 70 per cent of roadside bombs against coalition forces in Afghanistan despite a ban by Kabul on the fertiliser, Lieutenant General Michael Barbero told a Senate hearing.
Barbero, who heads a Defence Department unit that combats the bombs, said the Fatima Group, the Pakistani company that runs the factories, has been “less than cooperative” in discussions with the United States.
Senator Bob Casey, who put up pictures of maimed US soldiers at the hearing, said that Interior Minister Rehman Malik presented plans to prevent the bombs, known as improvised explosive devices, or IEDs, during an October visit to the United States.
“While I’m pleased that Pakistan has developed a very detailed and comprehensive set of plans to counter IEDs, let me be clear, it’s time to finally and fully implement these plans,” Casey said.
“IED incidents have risen in Afghanistan. The flow of chemicals coming from across the border has not diminished,” said Casey, a member of President Barack Obama’s Democratic Party from Pennsylvania.
Casey said that Pakistan, which has been torn for years by violence, had an interest in halting the fertiliser’s misuse. Citing the US embassy, Casey said IEDs had killed 2,395 people inside Pakistan in the past year.
Casey called for restrictions on the sale of ammonium nitrate and a tracking system that charts the course of chemicals to distributors to buyers.
“Members of the fertiliser industry in Pakistan have the opportunity to be good corporate citizens. They should also understand that they are part of a broader global corporate community where reputations matter, just like they do here in Washington,” he said.
Barbero said the United States had requested that factories dye the calcium ammonium nitrate, which is milky white and can easily be disguised as detergent, so that border guards can detect it.
Ammonium nitrate is also produced in other nations, but virtually all found in Afghanistan has come from Pakistan, he said.
The fertiliser was also the chief component in the 1995 bombing of a federal building in Oklahoma City. In 2007, the US Congress passed a law that required registration of buyers.
Barbero said that US forces have also noticed the growing use by insurgents in Afghanistan of potassium chlorate, which he said was illegally imported into Pakistan to produce matches or for use in the textile industry.
State Department official Jonathan Carpenter said the United States has provided some $113 million to Pakistan since 2009 for efforts to counter the bombs and anticipated another $135 million from the most recent funding year.
The United States has long voiced frustration at what officials say remain strong links between elements of Pakistan’s intelligence agency and Islamic militants operating in Afghanistan, particularly the Haqqani network.
Pakistan has defended its record, saying it has borne the brunt of the US war. Analysts widely believe that Pakistan’s motivation is to preserve influence in Afghanistan in anticipation of the US withdrawal in 2014.
Rice withdraws US secretary of state bid

WASHINGTON: Susan Rice Thursday withdrew her name from consideration to be the next secretary of state, after becoming a lightning rod for the White House's handling of the raid on the US consulate in Benghazi.
Rice, currently the US envoy to the United Nations, is close to President Barack Obama and emerged as the top target of Republican attacks on the administration's handling of the attack on September 11.
"If nominated, I am now convinced that the confirmation process would be lengthy, disruptive and costly, to you and to our most pressing national and international priorities," Rice said in a letter to Obama.
"That trade-off is simply not worth it to our country... therefore, I respectfully request that you no longer consider my candidacy at this time," Rice wrote in the letter.
Obama accepted Rice's decision, first reported by NBC, in a telephone call with the UN envoy on Thursday and issued a statement condemning the "unfair and misleading attacks" on her.
"Her decision demonstrates the strength of her character, and an admirable commitment to rise above the politics of the moment to put our national interests first," Obama said.
"The American people can be proud to have a public servant of her caliber and character representing our country," Obama added, saying that Rice would remain as UN ambassador with a place in his cabinet.
Republicans pounced on Rice after she said on September 16 that the Benghazi attack was a "spontaneous" reaction to an anti-Muslim video, using CIA talking points she now admits were wrong.
Extremists linked to Al-Qaeda are now blamed for the attack and Republicans charge the White House misled the US public as it did not want to own up to a terror attack weeks before the presidential election.
Rice's move throws the race to succeed Hillary Clinton, who has said she will not serve in Obama's second term, wide open.
Democratic Senator John Kerry will now be seen as the hot favorite for the post, though officials say no announcements on Obama's second term national security team are imminent. (AFP)

LATEST/BRIEF  NEWS:
PAKISTAN (Brief News):
o   Parts of Punjab continue to receive rain
o   Lal Masjid commission begins work today
o   Two hurt in firing incidents in Karachi
o   PIA loses legal battle in London court
o   Four including 2 police killed in Karachi violence
o   Extortion: Karachi traders meet Sindh Governor
o   Army to be involved for voters lists verification: ECP
o    Rehman Malik leaves for India today
o   Acting President confirms ratification of Pak-India pacts
o    Islamabad, Delhi to launch visa regime today
o   Govt cannot reduce defence expenditure
o   Pakistan condoles death of Swedish volunteer
o   President powerless in judges appointment: Court



WOLRD(Brief News):
o   Susan Rice withdraws name from consideration for Secretary of State.
o   'Les Miserables' grabs several Golden Globe nominations.
o   Watch the Golden Globe nominations live!
o   Banking deal boosts EU leaders in fighting crisis
o   Russia says Syrian rebels might win; car bomb kills 16
o   Japan scrambles jets as Chinese plane flies over disputed isles
o   Fed ties rates to jobs recovery, adds to stimulus
o   For North Korea, next step is a nuclear test
o   Europe deepens union with ECB as chief bank watchdog
o   U.N. nuclear inspectors in Iran, no sign of Parchin visit
o   No progress in "fiscal cliff" talks as new poll hits Republicans
o   Amazon wins EU e-book pricing battle with Apple
o   Egypt opposition urges "no" vote on divisive constitution
o   Insight: How Republicans engineered a blow to Michigan's powerful unions
o   16 killed in car bomb southwest of Damascus: Lebanon TV
o   Assad's forces fire Scuds in Syria escalation: U.S. official
o   Obama backers turn from re-election to "fiscal cliff" fight
o   Analysis: Nexen's U.S. Gulf oilfields key to China's deepwater ambitions
o   McAfee arrives in U.S. from Guatemala
o   Egypt opposition urges "no" vote on divisive constitution
o   U.N. nuclear agency ready to go to Iran's Parchin site
o   Venezuela's Chavez in delicate state after surgery
o   Berlusconi "would back Monti as centre-right premier"
o   Oregon mall shooting appears to be lone, random rampage
o   North Korea rocket launch raises nuclear stakes
o   Mandela doctors "satisfied" with his recovery
o   Guatemala deports software pioneer McAfee to U.S.
o   Serious differences remain as US "fiscal cliff," talks drag on
o   Deadly Oregon mall shooting appeared to be lone, random rampage
o   Venezuela's Chavez in delicate state after surgery
o   HSBC: How Simple Became Complicated, and costly
o   Rosneft finalizes deal to buy TNK-BP stake from AAR
o   Fed ties rate pledge to a threshold as new stimulus set
o   Lots of shopping left to do, less left to spend: Reuters/Ipsos poll
WOLRD BUSINESS(Brief News):
o   Amazon wins EU e-book pricing battle with Apple
o   Banking deal boosts EU leaders in fighting crisis
o   Japan fines U.S. fund Tiger Asia, citing market manipulation
o   Spain sells 2 billion euros of bonds, yields mixed
o   Airbus set to unveil big new order: UK government
o   Airbus chief gambles on giving managers their wings
o   EU's Rehn: confident of finding way to support Greece
o   European shares slide, dollar up after Fed action
o   ECB's Costa says banking union key for struggling countries
o   No progress in "fiscal cliff" talks as new poll hits Republicans
o   MUFG to buy BofA Merrrill Lynch's stake in Japan private banking joint venture
o   Europe deepens union with ECB as chief bank watchdog
o   Fed ties rates to jobs recovery, adds to stimulus
o   Ivory Coast inflation stable at 3 pct in November
o   Stock futures point to flat-to-lower start
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.17
S.Arabia         26.18
U.K                 158.44
Japan              1.1747
Euro               128.42

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI



Gold Tezabi (24-ct)        Rs 53,742
Silver Tezabi                   Rs 985.71
























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MOHAMMED SALEEM MANSOORI

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