Pakistan

Pak unveils plans to acquire nuke power plants

Blast kills seven near Pakistani capitalIslamabad, Sept. 19 : Pakistan today unveiled plans to acquire more nuclear plants and a satellite communications system.

Prime Minister Yousuf Raza Gilani announced the setting up of a committee to work out modalities for the purchases after being briefed on strategic projects by top officials.

An official statement said the committee to "work out the modalities and financial arrangements before a formal decision is made on the purchase of nuclear energy plants and a satellite communication system."

Pak may review its rules of engagement with US in the wake of recent strikes

PakistanIslamabad, Sept 19 : Pakistan Foreign Minister Shah Mehmood Qureshi has said that in the wake of the recent, rather ongoing, US strikes on its soil, the rules of engagement between Pakistan and the US in the war on terrorism needed to be reviewed.

“We can also sit as a government and see if they need to be reviewed,” said Foreign Minister Shah Mehmood Qureshi, while complaining that Pakistan had not been informed about Wednesday’s attack in South Waziristan.

Pakistan rupee hits new low against the dollar

Karachi - The Pakistan rupee plunged Friday to a new record low of 78 against the US dollar on global financial jitters and domestic economic woes, traders said.

The rupee closed at 78.00-05 against the dollar in both the open and inter-bank markets as compared with 77.70-80 on Thursday.

Traders said lack of inflow of foreign currency and import pressures were the main reasons for creating a shortage.

They said the weakness in major global financial markets would further decrease foreign investors' interest in small emerging markets such as Pakistan, which is facing a myriad of economic problems.

“Benefits of upgrading F-16s for Pak exceed risks of straining ties with India”

Washington, Sept 19 : The US seems to be caught between India and Pakistan as far as upgrading the F-16 jets is concerned. While the US Congress has already okayed the programme, one major risk for the US involved in the exercise of letting the programme to go through could be straining the ties with India, Thomas Houlahan, the Director of “Military Assessment Programme” has written in an article.

He added that this risk is “offset, and possibly outweighed” by the risk of strained relations with Pakistan if the programme were to be sidetracked.

“The risk that the increasing capability gap between India and Pakistan may increase the possibility of war must also be considered,” the Daily Times quoted Houlhan as saying in the article.

Sindh Govt asks Arts Academy to vacate Hindu Gymkhana building

Karachi, Sept 19 : The Sindh Government has reportedly served a notice on the National Academy of Performing Arts (NAPA) in Karachi to vacate the Hindu Gymkhana, and hand over its possession to the Sindh government without any compensation.

According to The News, the NAPA has been directed to vacate the Hindu Gymkhana premises within three months of the receipt of the notice.

Once the NAPA vacates the premises, the provincial Culture Department would allow the Hindu community to use a certain portion for their cultural and social activities, while the other portion would be used for setting up a centre for Sindh arts and crafts, added the paper.

US to give Pak 8.4-mln-dlr food aid

Islamabad, Sept 19: In order to help the poor among Pakistanis tackle the food problem amid rising prices of essential commodities and also encourage kids to attend schools, the US has decided to give Pakistan 8.4 million dollars in food aid, a statement released by the US embassy said.

The aid would be sent through the US Agency for International Development (USAID) and the United Nations World Food Programme. An agreement was signed to this effect here last evening.

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