Pakistan

“Pak can no longer hide poor governance behind garb of rifts with India”

Washington, Aug 27: Pakistan can no longer hide its poor governance under the cover of accusations that its eastern and western neighbours were behind the internal strife it was passing through. And, in order to alter its foreign policy fortunes, Islamabad needs much more than former president Pervez Musharraf’s departure from its political scene, says an analysis published in the Yale Global online on the prevailing politics in Pakistan.

According to it, Islamabad will finally have to recognise that cross-border belligerence, on its east (read Afghanistan) and west (read India), “cannot overcome its own inequality and poor governance”.

Pakistani bourse freezes stock prices as market tumbles

KarachiKarachi- Pakistan's main Karachi Stock Exchange decided on Wednesday to freeze all stocks at current levels after the market plunged another 3.5 per cent amid mounting political uncertainties.

"The board of directors has imposed a cap to stop the key KSE-100 Index from going below 9,000 points," said trader Ateeq Ahmad at Capital One Equities.

Pakistani stocks have lost over 45 per cent since January, including more than 12 per cent in just one week after the resignation of former president Pervez Musharraf and subsequent breakdown of the ruling coalition.

Balochistan demands its share of IPI transit fee

Iran-Pakistan-India (IPI) gas pipelineIslamabad, Aug 27: If sources in Pakistan Petroleum Ministry are to be believed, Balochistan has demanded its share in the transit fee for the part of the proposed Iran-Pakistan-India (IPI) gas pipeline to be passed through the province.

The demand was made during a top-level meeting on August 18, the Daily Times quoted the sources as saying.

Baloch leaders have for long accused the successive federal government of adopting a step-motherly treatment in allocating development funds for the area.

“Musharraf nostalgia may blind India, US to opportunities in Pak after political change”

“Musharraf nostalgia may blind India, US to opportunities in Pak after political change”Washington, Aug 27 : The biggest danger that the ouster of former Pakistan president Pervez Musharraf’s ouster from political scene in Islamabad is that nostalgia will blind India and the US to the opportunities that political change might bring in from there, said an analysis published in the Yale Global online.

Shahbaz Sharif says interference into Punjab politics will be dealt with by force

Punjab Chief Minister and PML (N) president, Shahbaz SharifLahore, Aug 27: Punjab Chief Minister and PML (N) president, Shahbaz Sharif has reportedly said that his party had the majority in his Punjab province and that anyone trying to “intervene” into its politics would be dealt with “by force”.

He said this while addressing the parliamentary party meeting at Chief Minister’s Secretariat last evening.

‘Unpredictable’ Zardari’s inconsistent politics could turn out “very bad” for Pak

PPP Co-chairman Asif Ali ZardariIslamabad, Aug 27: Ahead of PPP Co-chairman Asif Ali Zardari’s possible ascendancy to the post of President of Pakistan, fears are being expressed about his style of functioning as the country’s head of state. Political commentators have said that the kind of politics he was adopting could turn out to be bad.

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