BISE?s body yet to complete probe into ex-MNA case
RAWALPINDI: The discipline committee of the Board of Intermediate and Secondary Education (BISE), Rawalpindi, is yet to come up with any findings in t
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Land acquisition process ?to be speeded up in Sector G-15/3?
Islamabad
The Islamabad Capital Territory (ICT) administration has decided to speed up the land acquisition process and payment of compensation
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Clinton claims Qaeda?s leadership bases in Pakistan
WASHINGTON: Secretary of State Hillary Clinton said on Wednesday she will go to Pakistan in the fall, saying that the U.S. goal of defeating al Qaeda and its Taliban allies required working with Pakistan.
Clinton, who leaves for India on Thursday, also reiterated the U.S. willingness to deal with Taliban members who renounce al Qaeda, lay down their arms and are willing to participate in a democratic Afghanistan.
“Success in Afghanistan also requires close cooperation from neighboring Pakistan, which I will visit this fall,” Clinton said in a speech at the Council of Foreign Relations think tank.
U.S. President Barack Obama has identified the insurgencies in Afghanistan and Pakistan as the main threat to U.S. security and is presiding over an escalation strategy in which the number of U.S. troops in Afghanistan will rise from 32,000 to 68,000 by the end of the year.
About 57,000 U.S. troops are in place now, along with another 36,000 troops from Western allies. Commanders have said they expect a spike in casualties as new troops move into areas held by fighters ahead of Afghanistan’’s August 20 presidential election.
“In Afghanistan and Pakistan our goal is to disrupt, dismantle and ultimately defeat al Qaeda and its extremist allies and to prevent their return to either country,” Clinton said.
“We and our allies fight in Afghanistan because the Taliban protects al Qaeda and depends on it for support,” she added. “To eliminate al Qaeda, we must also fight the Taliban.”
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Commission to list Shujaat?s mills assets
LAHORE
JUSTICE Mian Saqib Nisar of the Lahore High Court on Tuesday appointed a local commission to prepare moveable and immoveable assets inve
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HEC awards 130 more overseas scholarships ?
ISLAMABAD: The Higher Education Commission (HEC) on Tuesday awarded another 130 fully-funded foreign scholarships for higher education abroad for MS a
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Oil prices leap after new rise in US crude inventories
NEW YORK: Oil prices soared Wednesday, lifted by a drop in US crude inventories that suggested a glimmer of demand in the world’’s largest energy consumer.
New York’’s main contract, light sweet crude for August delivery, leapt 2.02 dollars to close at 61.54 dollars a barrel.
In London, Brent North Sea crude for delivery in August jumped 2.23 dollars to settle at 63.09 dollars.
The market welcomed the US government’’s weekly oil report and price gains accelerated in the second half of the session.
The Department of Energy said that American crude oil reserves sank a more than expected 2.8 million barrels in the week ended July 10 as refineries stepped up production.
The data also showed that distillate inventories, including gasoline and diesel fuel, which had increased for months, rose less than expected.
Distillates rose by 600,000 barrels, instead of the average forecast of 1.5 million. By contrast, gasoline inventories surged by 1.5 million barrels, stronger than the 900,000 barrels expected.
“There’’s dreadful demand and we still have pretty good supplies of everything,” said Mike Fitzpatrick of MF Global.
“The inventories report didn”t change that picture too much at all.” But the market was supported “the inability to put up fresh lows two days ago,” he added.
Calyon analyst Christophe Barret said the weekly statistics were more or less in line with expectations.
“Crude oil stocks, in spite of a significant decline over the past few weeks, remain high,” Barret said.
The market also digested news that Nigeria’’s main militant group had declared a 60-day truce in its “oil war” with the government after the release of its leader Henry Okah under an amnesty deal.
The second militant truce in less than a year came into effect just 48 hours after the rebels blew up an oil-docking harbor in Lagos in their first attack outside the main Niger Delta oil-producing region.
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Pakistan News
PML-Q ?fact sheet? says law, order worsening
LAHORE
THE Research Cell of PML-Q has released a ?fact sheet? over prevailing deteriorating law and order in Punjab.
A PML-Q press relea
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Pakistan News
Clinton plans to visit Russia, Pakistan in fall (AFP via Yahoo! News)
US Secretary of State Hillary Clinton announced plans Wednesday to visit Russia and Pakistan in the fall.
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?Provincial BoR being considered?
LAHORE
PUNJAB Minister for Finance, Planning and Development Tanvir Ashraf Kaira has said that the proposal is being considered to set up a bo
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Govt to lift ban on new arms licenses
LAHORE: Punjab government Wednesday decided to scrap ban imposed on the issuance of new arms license and this ban will be lifted in a few days.
Talking to Geo News, Punjab Home Department Secretary Nadeem Hasan Asif said the issuance of new arms licenses are banned for two months now, which has been decided to be lifted.
Under new policy, the DCOs are being authorized to issue new arms license; he will issue the license after the police attestation.
Punjab Home Secretary said in view of any terror threat, all the DPOs, DCOs and agencies, being put on red alert, have been asked to conduct search operation with public cooperation.
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