Pakistan: UN Bhutto Probe Possible (Time Magazine)
Pakistan’s government said Thursday it is ready to ask the U.N. to investigate the assassination of former prime minister Benazir Bhutto
More: continued here
MCB, National Bank Fall by Limit After Pakistan Raises Rates (Bloomberg.com)
May 23 (Bloomberg) — MCB Bank Ltd. , Pakistan’s biggest lender by market value, and its peers fell by their maximum limit in Karachi trading on concern the highest interest rates in 6 1/2 years will curb lending as the economy slows.
More: continued here
Shujaat denies discussing package with president
ISLAMABAD: Pakistan Muslim League-Q (PML-Q) chief Chaudhry Shujaat Hussain says President Pervez Musharraf has not asked him to support the much-talke
More: continued here
Central-South Asia power project gets going
WB official says issues related to security of transmission system need to be addressedBy Saad HasanKARACHI: Tendering process for hir
More: continued here
Pakistan News
Pakistan Signs Truce With Militants (CBS News)
Pakistan’s government has signed a controversial peace agreement with hard-line Islamic militants in a key northern valley, with the government accepting the introduction of Islamic law to the region and agreeing to free dozens of prisoners.
More: continued here
Pakistan hikes rates to dampen inflation, imports (Reuters via Yahoo! Malaysia News)
KARACHI, May 22 - Pakistan’s central bank on Thursday increased in its key discount rate to 12.0 percent from 10.5 percent, effective May 23, to counter accelerating inflation and widening fiscal and current account deficits.
More: continued here
Miliband warns Pakistan, Afghanistan democracies at risk (AFP via Yahoo! News)
Foreign Minister David Miliband has warned Pakistan and Afghanistan that their democracies would be at risk if they did not forge a united front against terrorism.
More: continued here
Pakistan gov’t ready to ask UN to probe Bhutto killing (AP via Yahoo! Singapore News)
Pakistan’s new government said Thursday that it will “very soon” ask the United Nations to investigate the assassination of former Prime Minister Benazir Bhutto.
More: continued here
Pakistan signs peace deal for valley (CNN.com)
PESHAWAR, Pakistan (AP) — Pakistan’s new government has signed a peace deal with Islamic militants in a valley of northwestern Pakistan, in a process that Western officials worry could take the pressure off Taliban and al Qaeda hardliners.
More: continued here
Pakistan signs peace deal with pro-Taliban militants (AFP via Yahoo! News)
Pakistan’s new government signed a peace deal with pro-Taliban militants in a northwestern valley Wednesday, despite calls from the United States to clamp down on Islamist rebels.
More: continued here