LATEST NEWS UPDATE:
Report urges US not to attempt to control Pakistan politics
WASHINGTON: The United States should work with — not attempt to control — Pakistan’s internal political processes, says a new US report released on Wednesday.The — “Previewing Pakistan’s 2013 Elections” — also warns that whoever wins the next elections should try to resolve the problems the country faces or be prepared to face accountability.
“Only Pakistanis themselves are capable of establishing a more stable, democratic system capable of balancing diverse interest groups and effectively addressing the country’s challenges,” says author Colin Cookman who wrote this report for a Washington think tank, Centre for American Progress. The report points out that as Pakistan’s political and economic structures shift to lower the barriers for entry, multiple political actors compete to establish the rules of the game.
While “a powerful military with a history of interventionism still waits in the wings, the future course of Pakistan’s political system is highly uncertain,” it warns.
The report notes that US efforts in past decades to advance its interests in Pakistan “through direct contact with favoured military or political elite partners have proven unsustainable, and attempts to repeat such practices are likely to become more unworkable as the system shifts towards greater multi-polarity, at least for the near term.”
Reviewing the last five years of democratic rule, the author notes that Pakistan’s more decentralised post-2008 political system has forced the prioritisation of consensus policies on many issues, and may prove more democratic in its ability to accommodate diverse elected and unelected interest groups. The author also argues that the system has been slow to respond to militant separatism, terrorist violence and economic stagnation and failed system also failed to ease tense relations with regional neighbours and international partners. “Whichever coalition of political leaders finds itself in power after elections this summer will face accountability for inaction on these issues, which cannot be deferred indefinitely,” the report warns.
It encourages the US to make efforts to support Pakistan’s democratic evolution and the success of its upcoming elections. Such efforts should include a public commitment to neutrality and respect for the electoral processes, coupled with support for an international observation mission.
It also urges US diplomatic and military officials to continue to engage with a broad array of Pakistani civilian leaders and military officials, while making it clear that the United States “does not favour any specific electoral outcome and strongly opposes any disruption of the constitutional process or intervention during the caretaker period”.
Musharraf to announce about return to
Pakistan today
ISLAMABAD: Pakistan’s former military ruler Pervez Musharraf is expected
to announce his plan to return to Pakistan or otherwise today , Geo News reported.Musharraf who was in Saudi Arabia to perform Umra will reach Dubai today, where he would address a press conference to announce his plan.
Sources said that the former military dictator held meetings with the members of Saudi ruling family during his stay in the kingdom.
The sources said that a Saudi diplomat advised Musharraf not to return to Pakistan.
The sources further claimed that Pakistan Muslim League-Nawaz chief and former prime minister Nawaz Sharif has also been asked to shun harsh behavior towards the former president.
Musharraf had announced a few days ago that he would land in Pakistan on March 24. A spokesman for his party also said on Thursday that the former president would return to Pakistan as per schedule.
Latest News in Brief(Pakistan):
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Last day for MPs
panel to select caretaker prime minister
o
US drones kill four
in North Waziristan
o
Pakistan beat South
Africa to level series
o
Pakistan rejects
involvement in 1993 Mumbai blasts
o
MQM to field
candidates from all seats in country: Altaf
o
18 arrested as police
swoop down on criminals in Lyari
o
Shahid Nadeem Baloch
appointed Sindh IGP
o
Balochistan interim
CM-elect Ghous Bukhsh to take oath today
o
Expats reluctant to
invest in Pakistan
o
Travel sanctions loom
over Pakistan
o
Mengal will return to
Pakistan on 25th
o
Zardari for early convening of
Pak-Iran-Afghanistan summit
WOLRD(Brief News):
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ECB gives Cyprus
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Gaza rockets hit
southern Israel town cited by Obama
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Insight: Bipartisan
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leader due to call Turkey truce
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Blast kills 12 at
Pakistani camp for people fleeing violence
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Trust in Kenya's top
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North Korea issues
fresh threat to U.S., South probes hacking
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Syrian rebels take
towns near ceasefire line with Israel
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Hacking highlights
dangers to Seoul of North's cyber-warriors
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After Israeli
backslapping, Obama faces Palestinian discontent
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Most Americans back
path to citizenship for illegal immigrants: poll
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Marines identify
seven who died in Nevada mortar blast
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Fed holds firm to
stimulus plan despite brighter economy
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Senate approves
funding bill to avert government shutdown
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Blackstone asks
Oracle's Hurd if he wants to run Dell: source
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Guatemalan survivors
revisit horror of war in ex-dictator's trial
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Boeing plans 787
battery test flights for end of week: sources
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Afghanistan, NATO
strike compromise on pullout plan
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U.S. seeks swift
transfer of Congo warlord to Hague court
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Britain's growth
halved, Osborne turns to Bank of England for help
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IMF chief's apartment
searched in French compensation case
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Colorado prison chief
shot dead on eve of gun laws signing
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After Israeli
backslapping, Obama faces Palestinian discontent
WOLRD BUSINESS(Brief News):
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Exclusive: Euro zone
call notes reveal extent of alarm over Cyprus
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Jane's publisher IHS
beats first-quarter estimates
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ECB gives Cyprus
bailout ultimatum, banks face cutoff
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Pay strike grounds 40
percent of Lufthansa flights
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Scholastic quarterly
loss doubles as Hunger Games sales dip
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British budget
deficit and retail data offer rare positive news
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Standard Chartered
says it made false comments on sanction breaches
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Analysis: Brazil bond
investors expect inflation to stay high
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EADS CEO sees more
defense industry consolidation
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S.Africa's Palabora
says underground mine strike ends
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Cyprus, European data
sends shares, euro lower
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Stock futures signal
flat to lower open
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Cyprus expects to
clinch support program by Monday: central bank
Business News:
Pakistan
EXCHANGE FOR CURRENCY NOTES:
U.S.A 98.18
S.Arabia 26.45
U.K 150.00
Japan 1.0336
Euro 128.42
U.A.E 27.00
BULLION RATES IN RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct) Rs51,857
Silver Tezabi Rs900
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Fri, 22 Mar 2013
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Oil prices mixed in Asia as Cyprus
fears grow
SINGAPORE: Oil prices were mixed in Asia Friday on fears of a possible default by Cyprus as the European Central B |
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Yen firms in Asia on Europe fears
TOKYO: The yen firmed in Asian trade on Friday as investors sought out the safe-haven currency following more weak |
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Oil prices mixed in Asia, China
manufacturing picks up
SINGAPORE: Oil prices were mixed in Asian trade Thursday as data showing Chinese manufacturing picking up strongly |
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Euro steady as markets weigh
Cyprus bailout fears
TOKYO: The euro was steady in Asia Thursday as markets eye talks over a Cyprus bailout deal, while yen trade was d |
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Karachi Stock Exchange makes
modest gains
KARACHI: Local capital market extended its rally on Wednesday to make modest gains as Karachi Stock Exchange s (KS |
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Asian markets mixed after Cyprus
vote
HONG KONG: Asian markets were mixed on Wednesday after Cypriot lawmakers comprehensively rejected a plan to tax sa |
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Oil recovers as ECB backs Cyprus
banks
SINGAPORE: Oil prices bounced in Asia Wednesday after eurozone finance ministers and the European Central Bank (EC |
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Karachi Stock Exchange jumps amid
high volume trade
KARACHI: A rallying banking sector landed Karachi Stock Exchange (KSE) in the green zone amid high volume trade he |
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FBR freezes accounts of PIA
ISLAMABAD: Federal Board of Revenue (FBR) has seized the accounts of Pakistan International Airlines (PIA) over no |
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Oil mixed in Asia as market
follows Cyprus news
SINGAPORE: Oil prices were mixed in Asian trade on Tuesday, with investors closely following developments in the e |
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Tokyo stocks open 1.51pc higher
TOKYO: Tokyo stocks opened 1.51 percent higher on Tuesday as the yen weakened against the dollar and euro after eu |
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Oil down on controversial Cyprus
bailout deal
SINGAPORE: Oil prices eased on Monday on eurozone fears after Cyprus said it planned to tax bank deposits to win b |
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CNG stations closed for 24 hours
in Sindh
KARACHI: The Sui Southern Gas Company (SSGC) has announced that CNG stations in Sindh will not retail gas for the |
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Punjab: Gas supply to CNG pumps
suspended for 5 days
LAHORE: The CNG outlets in Punjab have once again shut down for five days from 6:00 AM today, |
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American stocks pause after
record-smashing run
NEW YORK: US markets took a needed pause Friday after a relentless 10-day run, marked by the Dow setting new record |
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