Control by the central government “will end as soon as possible,” the official Associated Press of Pakistan cited Gilani as saying yesterday in the capital, Islamabad. “I am against the governor rule” in Punjab.
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SINGAPORE: World oil prices retreated in Asian trade Wednesday after topping a two-month high above 49 dollars overnight on concerns over weak global energy demand amid the economic downturn, analysts said. New York’’s main futures contract, light sweet crude for delivery in April, fell 65 cents to 48.51 dollars a barrel in morning trade. It had jumped 1.81 dollars in New York trade Tuesday to close at 49.16 dollars after hitting 49.82, its highest level since January 6. Brent North Sea crude for May delivery was down 47 cents to 47.77 dollars. The April contract expired Monday at 43.98 dollars. “Demand is still the key. Yet we still have to see the demand for oil and natural gas increase before we get too excited about a change in trend,” said Phil Flynn of Alaron Trading in the United States. “Oil demand in the US is weak and we need to see that change… If oil closes above 50 dollars a barrel we may need to start getting a bit bullish.” The market was also waiting for the release later Wednesday of the weekly US energy inventories report, which is closely watched because the United States is the world’’s biggest oil consumer. Analysts said speculation that the Organisation of Petroleum Exporting Countries (OPEC) would slash production during their next meeting in May should support prices.OPEC, which pumps about 40 percent of the world’’s crude, opted at their last meeting Sunday in Vienna to leave production quotas unchanged.
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Restored by a popular outpouring, Chief Justice Iftikhar Muhammad Chaudhry could have more potential to further jolt Pakistan’s politics, some of his supporters say.
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The Nation — At Tuesday’s State Department briefing, spokesman Robert Wood — admittedly speaking quickly, and off the cuff — said the following about Pakistan, when asked about the political tensions between President Asif Ali Zardari and his rival, Nawaz Sharif:
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Pakistan News
President Barack Obama and his advisers are considering expanding the war in Pakistan beyond the tribal areas to strike at a different center of Taliban power.
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President Obama and his advisers are considering expanding the war in Pakistan beyond the tribal areas to strike at a different center of Taliban power.
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President Barack Obama and his national security advisers are considering expanding the covert U.S. war in Pakistan far beyond the tribal areas near the border with Afghanistan, the New York Times reported on Tuesday.
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KARACHI: The cash-strapped Pakistan Cricket Board (PCB) will get a financial boost later this year as it is set to receive $2.75 million from the ICC
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KARACHI: Bangladesh on Tuesday called off their home series against Pakistan because of security-related issues.M Ahad Ali Sarkar, Bangladesh”
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Pakistan News
ISLAMABAD: A gang of four in the government is generally held responsible to have misled President Asif Ali Zardari till the creation of the new situa
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