My concern for Pakistan costing me animosity, says Nawaz
PML-N chief Nawaz Sharif has said that his views about the interests of Pakistan makes some quarters against him.
Addressing a public meeting in Skardu on Wednesday, Nawaz said he would not back the imposition of Reformed General Sales Tax (RGST) till end of corruption from the country.
He said he does not believe in political statements and would serve the Gilgit-Baltistan region practically.
PML-N would build five model villages for the flood victims of Gilgit-Baltistan region, he added.
KSE: Rise in open interest future contracts
At the end of the week, the interests for future trading in the Karachi Stock Exchange increased by 1.6%.Open interest at future counter increased by .78 million rupees to reach 49.4 million rupees. The spread of future trading also decreased by 10% to 2.4%.Average volume of futures jumped up by 16% to become 1.6 million shares. Trading of the shares of PSO, ENGRO, Pakistan Oil Fields, MCB and OGDC remained prominent. The total share of these companies remained 71% in overall trading.
Nawaz urges President not to go on UK trip
NOWSHEHRA: Pakistan Muslim League-N Chief Nawaz Sharif Sunday urged President Asif Ali Zardari not to undertake UK visit as planned at a time when the nation is undergoing a test due to heavy flooding.
During his visit to Nowshehra to assess the devastation caused by heavy floods in Khyber-Pakhtunkhwa, Nawaz Sharif called upon the politicians to rise above political their interests and to extend every possible help to the victims of the calamity. The government should utilize all the available resources to deal with the flood situation, he added.
“I have never seen such widespread devastation across the country including Khyber-Pakhtunkhwa caused by the worst flooding in the country’s history,” the PML-N Chief noted.
He said no Pakistani should hold himself back from helping his fellow countrymen in this time of trial.
During his visit, Nawaz Sharif met with the affectees of the flood besides assessing the damage unleashed by the natural calamity.
British PM warns against ”destruction” of BP
June 26, 2010 by Trend PK
Filed under World News
HUNTSVILLE: British Prime Minister David Cameron Friday warned against “the destruction” of BP as its shares plummeted close to a 14-year low amid the battle against the Gulf of Mexico oil spill.
The new British leader, who will hold his first bilateral talks Saturday with US President Barack Obama, said it was important for transparency over the British company”s liability in the catastrophe.
“I think it is also in all our long-term interests that there is some clarity, some finality, to all of this, so that we don”t at the same time see the destruction of a company that is important for all our interests,” he told Canadian broadcaster.
BP has increasingly come under fire from the US administration for triggering the country”s worst ever environmental disaster when a BP-leased rig exploded in the Gulf in April.
Despite desperate efforts, BP is still not capping all of the estimated 35,000 to 60,000 barrels of oil spilling into the sea every day.
The British energy giant said Friday it had spent 2.35 billion dollars (1.9 billion euros) on compensation and clean-up costs as the giant slick washes up on the southern US coast.
But the final costs are likely to be even higher, with BP already having agreed to pay 20 billion dollars into a compensation fund over the next five years.
China "concerned" about S Korea-U.S. drill
June 22, 2010 by Trend PK
Filed under World News
BEIJING: China said on Tuesday it was concerned about reports that a U.S. aircraft carrier may join a military exercise with South Korea amid a tense standoff with North Korea over the sinking of a warship from the South.
Chinese Foreign Ministry spokesman Qin Gang said he had seen the reports about the U.S. aircraft carrier joining the drill.
“We”re extremely concerned about these reports and will closely follow developments,” he told a news conference. He said China was worried the show of naval force could unsettle the region. “Under current circumstances, all the parties concerned should exercise calm and restraint and do nothing to escalate tensions and harm the interests of countries in this region,” Qin said.
super 8 movie
May 7, 2010 by Trend PK
Filed under World News
JJ Abrams’ Secret Super 8 Movie Is Not A Cloverfield Sequel Yesterday several sites unrelated to this one started circulating the rumor that JJ Abrams’ mysterious, secret film project Super 8 was actually a sequel to Cloverfield. They said it with such certainty that everyone seemed to believe it. JJ Abrams, however, now says they’re full of it. Talking to NY Mag he says of the film, “it has nothing whatsoever to do with Cloverfield, despite your expert reporting.”
That seems pretty definitive. So what is it? We’ll find out Friday morning shortly after midnight when the film’s first trailer debuts in front of Iron Man 2 here in America. For now Abrams, as he did with Cloverfield, is going to extraordinary lengths to keep it under wraps. The movie’s trailer was even sent to theaters in special canisters which required a code to be opened.
Check back here on Cinema Blend first thing Friday morning and we’ll have all the details
reliance
May 7, 2010 by Trend PK
Filed under World News
New Delhi, May 7 (IANS) The Supreme Court Friday ordered re-negotiation of the agreement on the supply and pricing of natural gas from the Krishna-Godavari basin between the two Reliance groups within six weeks, based on the government’s policy on the subject.
A three member bench of Chief Justice K.G. Balakrishnan, Justice B. Sudershan Reddy and Justice P. Sathasivam also asked Mukesh Ambani-led Reliance Industries and Anil Ambani-led Reliance Natural Resources to place the new agreement before the company bench of the Bombay High Court.
The chief justice, who read out the operative parts of the much-awaited judgment, said the agreement between the two brothers should serve as the “guiding tool” in reaching the new gas supply and pricing pact within the guidelines of the the government.
The agreement between the two brothers concerned the price, quantity and tenure of gas supplies by Reliance Industries. It called for 28 million units of gas a day to be sold to Reliance Natural Resources at $2.34 per unit for 17 years.
“We respect the judgment of the honourable Supreme Court and note that the Supreme Court has safeguarded the interests of over 25 lakh Reliance Natural Resources shareholders,” said Reliance Natural Resources chairman Anil Ambani.
Addressing a teleconference with reporters, he said the apex court had made it clear the arrangement between the two companies should be suitable to both parties, adding he now looked forward to an expeditious and successful re-negotiation within six weeks.
“While giving the guidelines for an expeditious finalisation of the gas supply agrement between Reliance Industries and Reliance Natural Resources, by majority judgment the honourable Supreme Court has upheld Reliance Natural Resources’ case,” he said.
“The honourable Supreme Court has upheld the memorandum of understanding signed on June 18, 2005, served as the backdrop for the scheme and is the guiding force and the basis of the scheme of arrangements for business reorganisation of Reliance Industries.”
PPP warned of irreparable loss in Hazara belt
BALAKOT: Leaders of Tehrik Hazara Province warned Wednesday that the ruling PPP would suffer an irreparable loss if it did not change its attitude towards the people of Hazara.
Addressing a gathering in Balakot tehsil of Mansehra, THP chief Baba Haider Zaman said both federal and provincial governments had closed their eyes toward Hazara, which forced them to launch a civil disobedience movement.
The speakers said that they would hold talks with every such person who would have the authority. The people of Hazara, they said, have marked their destiny.
Govt respects SC verdict on civil servants promotions: PM
THIMPHU: Prime Minister Syed Yusuf Raza Gilani while commenting on the judgement announced by the Supreme Court on the promotion of senior civil servants said that the government respects the judgement of the Supreme Court of Pakistan and would implement the decision given on Wednesday.
He further said that the officers should continue to work and need not to be disheartened since the government would look after their interests and justice will be done across the board.
The Prime Minister also mentioned that the government would not go for appeal against the decision.
Fire Nancy Pelosi
Fire Nancy Pelosi, Nancy Pelosi doesn’t represent the interests of the American people. She’s a San Francisco liberal with “values” to match. Even Saturday Night Live’s New York City liberals mocked her. She’s weak on terrorism, votes for every tax increase and big budget that comes along, and would probably tomorrow admit to being socialist if it wouldn’t cause such a head ache for her already-far-left agenda.
She promised the most ethical Congress in history. She delivered one of the most corrupt. She promised accountability and transparency. She delivered an historical level of under-handedness, back room dealing, and hidden bribes. She has lied every step of the way, doing whatever is necessary to push her far-left agenda down the throat of an unwilling public.
Republicans are in a strong position to take back the House majority and fire Pelosi in the 2010 midterm election. In terms of candidate recruitment, fundraising, and issue development, we are far ahead of where we were at this point in 1993 – and you remember what happened in 1994.
