Pakistan agrees to IMF loan (Denver Post)

Pakistan said Saturday it had agreed to borrow $7.6 billion from the International Monetary Fund in an effort to stabilize the economy of this strategically important U.S. ally on the front lines of the war against al-Qaeda and the Taliban.

More: continued here

Further remand of financial scandal accused sought

LAHORE: The accused allegedly involved in illegal transfer of billions of dollar abroad were presented in the local court here for seeking further remand. Sources said that Munaf Kalia after six days of remand, Javed Khanani after eight days, while Rustam Ali and Tariq Mahmood each after remand of 11 days were presented in the court of Civil Judge Judicial Magistrate, Faisal Jamil. FIA officials said that some more evidences were obtained from the accused, while heavy amounts have also been recovered in raids, therefore, they would seek further 5 or 7 days of remand of all the accused.

More: continued here

Pakistan says 16 militants killed (UPI)

ISLAMABAD, Pakistan, Nov. 17 (UPI) — Pakistani security forces and a tribal army killed 16 militants in separate clashes in the tribal Bajaur region, witnesses and sources said.

More: continued here

Pakistan targets 2nd tribal area (Denver Post)

ISLAMABAD, PAKISTAN — Pakistani helicopter gunships engaged in a bitter offensive against militants in a northwest tribal region struck targets in a neighboring area today, a sign that

More: continued here

Those criticizing should bring back their money to Pakistan: Altaf Hussain

KARACHI: Chief of the Muttehadda Qaumi Movement (MQM) Altaf Hussain said that those persons who are criticizing the government on getting loan from the International Monetary Fund (IMF) should bring back their money from abroad to Pakistan.The MQM chief, in his telephonic address to the gathering of the North Nazimabad Residents Committee here on Sunday, said that the country at the moment is passing through the worst economic crisis.He advised the youth regarding the danger of Talibanization that this is the issue of their existence and they should make arrangement to protect themselves and their homes.Altaf Hussain said that uneducated and armed Taliban have surrounded Karachi from all the four sides.He asked the citizens to get arms for their defense along with the essential commodities.He said that the MQM would soon launch a micro-finance bank which would give loans to the people.

More: continued here
Pakistan News

Asthma often poorly controlled: Study

A significant number of asthma patients visiting their primary care doctor for other reasons have inadequately controlled asthma, according to results

More: continued here

Pakistan, US in tacit deal Protest but let drones fly

WASHINGTON: The US and Pakistani governments have reached a tacit agreement on Predator (drone) strikes into Pakistani territory, under which Islamaba

More: continued here

Petrol pump owners charging high rates

IslamabadDespite reduction in petrol prices up to Rs10 per litre and diesel up to Rs7 per litre by the government with immediate effect, petro

More: continued here
Pakistan News

Deposed chief justice warmly welcomed at New York

NEW YORK: Deposed chief justice Iftikhar Mohammad Chaudhry arrived in New York where hundreds of people warmly welcomed him.Sami Ibrahim of Geo News reported that the hundreds of people relating to Pakistani community including students, workers of political parties, lawyers and civil society warmly received deposed chief justice Iftikhar Mohammad Chaudhry at the JF Kennedy Airport of New York.On this occasion, flower petals were showered on the deposed chief justice and enthusiast slogans were chanted in favour of the restoration of the chief justice and against the government.According to sources, a convoy of more than four dozen vehicles came to the airport to receive the deposed chief justice and this convoy will take him to the hotel where he would stay during the visit.

More: continued here

No dearth of cricket talent in country: Wasim Akram

KARACHI: Former captain of Pakistan cricket team Wasim Akram said that children had craze of cricket so that there is no question of dearth of talent in the country.These views were expressed by the former fast bowler during an exhibition match held under a private cartoon channel at the Hockey Club of Pakistan Stadium.Wasim Akram also led his team in a contest with children.The world-class bowler was the centre of attraction of the spectators who came in thousands to the stadium.The players adopted get-ups of popular characters of cartoon films in the field and the crowd of children amused with these get-ups.

More: continued here

Next Page »