Thursday, 7 March 2013

LATEST NEWS UPDATE: 08.03.2013



Kayani conveys army’s concerns to Zardari
ISLAMABAD: Army chief Gen Ashfaq Parvez Kayani conveyed to President Asif Ali Zardari on Thursday the military’s concerns over the rapidly deteriorating law and order and called for urgent steps to deal with the situation.
Soon after a corps commanders’ conference, where the military’s top brass reviewed the internal security situation, the army chief met President Zardari to communicate the disquiet among his commanders about the security situation spiralling out of control.
No details of the meeting were officially revealed either by the army or the presidency.
A one-line statement on the meeting issued by the presidency said: “Chief of Army Staff Gen Ashfaq Parvez Kayani today called on President Asif Ali Zardari at Aiwan-i-Sadr. Security situation was discussed during the meeting.”
A day earlier, the army chief had visited Karachi for a briefing on the situation in the city where sectarianism has added a new dimension to continuing violence.
Sources in the presidency said the discussion revolved around recent incidents in Quetta and Karachi and an operation against the banned Lashkar-i-Jhangvi.
They claimed that Gen Kayani had spoken about improper and inefficient utilisation of civilian law-enforcement agencies by the federal and provincial governments in dealing with terrorism.
Gen Kayani has in the past publicly expressed concerns over the poor performance of law-enforcement agencies.
He also pointed out the existence of militant wings of certain political parties and connections of some parties with terrorist groups as a major contributing factor to the wave of violence that has gripped the country.
Gen Kayani is said to have reiterated the army’s commitment to fully supporting the civilian law-enforcement agencies if asked by the government.
With elections round the corner, the PPP government is reluctant to give the army any major role in internal security affairs as witnessed after the Kirani Market (Quetta) bombing last month in which about 100 people were killed.
While chairing the 158th corps commanders’ conference at the General Headquarters, Gen Kayani received a special briefing on the law and order situation in Karachi and Quetta.
“Apart from professional military matters, the meeting undertook a comprehensive review of internal and external security environment of the country,” the ISPR said in a statement.
The peace process in Afghanistan and a truce offer by the Tehrik-i-Taliban also came under discussion.
The board for promotion of brigadiers to the rank of major general will meet on Friday.
US urges Pakistan to avoid sanctions
WASHINGTON: The United States urged Pakistan on Thursday not to go in the direction that leads to sanctions as Islamabad prepares to conclude a gas pipeline deal with Iran.
Asked to comment on the issue, US State Department’s spokesperson Victoria Nuland said the United States had already made it clear that the proposed pipeline would violate US sanctions. “We have made it absolutely clear to our Pakistan counterparts” that the proposed deal will violate US sanction laws, Ms Nuland said.
“Iran is not a reliable partner,” said the US official while acknowledging that Pakistan has “a lot of energy requirements.”
The US, she said, was aware of these requirements and was “working in close partnership” with Pakistan to find “better ways” to meet those needs.
The United States was investing in large scale energy projects in Pakistan, including one that would add some 900 megawatts of power to thegrid by 2013, enough for an estimated two million households, she said.
The US also helped Pakistan improve power generation capacity at Tarbela dam.

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Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:

U.S.A              98.98
S.Arabia         26.39
U.K                 148.51
Japan              1.0547
Euro               128.61
U.A.E             26.95

BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct)   Rs51,600
Silver Tezabi              Rs917.14







Thu, 7 Mar 2013

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Asian markets mostly rise, while yen sinks further
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CNG stations to remain closed for 24 hours from Friday
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Oil prices mixed in Asian trade
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Asian markets mostly lower after recent gains
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NA Standing Committee on Finance okays tax laws bill
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MOHAMMED SALEEM MANSOORI


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