AGL 38.00 Increased By ▲ 0.01 (0.03%)
AIRLINK 210.38 Decreased By ▼ -5.15 (-2.39%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.48 Decreased By ▼ -0.31 (-4.57%)
DCL 8.96 Decreased By ▼ -0.21 (-2.29%)
DFML 38.37 Decreased By ▼ -0.59 (-1.51%)
DGKC 96.92 Decreased By ▼ -3.33 (-3.32%)
FCCL 36.40 Decreased By ▼ -0.30 (-0.82%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.95 Increased By ▲ 0.46 (3.17%)
HUBC 130.69 Decreased By ▼ -3.44 (-2.56%)
HUMNL 13.29 Decreased By ▼ -0.34 (-2.49%)
KEL 5.50 Decreased By ▼ -0.19 (-3.34%)
KOSM 6.93 Decreased By ▼ -0.39 (-5.33%)
MLCF 44.78 Decreased By ▼ -1.09 (-2.38%)
NBP 59.07 Decreased By ▼ -2.21 (-3.61%)
OGDC 230.13 Decreased By ▼ -2.46 (-1.06%)
PAEL 39.29 Decreased By ▼ -1.44 (-3.54%)
PIBTL 8.31 Decreased By ▼ -0.27 (-3.15%)
PPL 200.35 Decreased By ▼ -2.99 (-1.47%)
PRL 38.88 Decreased By ▼ -1.93 (-4.73%)
PTC 26.88 Decreased By ▼ -1.43 (-5.05%)
SEARL 103.63 Decreased By ▼ -4.88 (-4.5%)
TELE 8.45 Decreased By ▼ -0.29 (-3.32%)
TOMCL 35.25 Decreased By ▼ -0.58 (-1.62%)
TPLP 13.52 Decreased By ▼ -0.32 (-2.31%)
TREET 25.01 Increased By ▲ 0.63 (2.58%)
TRG 64.12 Increased By ▲ 2.97 (4.86%)
UNITY 34.52 Decreased By ▼ -0.32 (-0.92%)
WTL 1.78 Increased By ▲ 0.06 (3.49%)
BR100 12,096 Decreased By -150 (-1.22%)
BR30 37,715 Decreased By -670.4 (-1.75%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

Georgian President Mikhail Saakashvili promised on Thursday to bring forward presidential elections to January in an attempt to defuse a major political crisis which has alienated his supporters at home and abroad.
Just one day after declaring a state of emergency and using riot police to crush anti-government protests, Saakashvili appeared on television to announce early elections and said he would stand. "It is my proposal to hold presidential elections on January 5," Saakashvili said in the live broadcast. "You demanded early elections but now you have them even earlier."
The opposition, which staged unprecedented protests in Tbilisi for six days, demanded scrapping the presidency and holding an early parliamentary election. The president promised a referendum on whether to hold early parliamentary polls.
Saakashvili, a close US ally, has attempted to portray his small ex-Soviet state as a beacon of democracy and stability in the Caucasus region, an image which now lies in tatters.
In an unusually strong rebuke to a US ally, Nato had earlier scolded Saakashvili for imposing a state of emergency. The European Commission also expressed concern. "The imposition of emergency rule, and the closure of media outlets in Georgia...are of particular concern and not in line with Euro-Atlantic values," Secretary-General Jaap de Hoop Scheffer said in a statement. France's Foreign Ministry said attacks on the press and freedoms were unacceptable and urged the government to show restraint.
STATE OF EMERGENCY: Georgian schools were closed until next week, only state corporations were allowed to broadcast news and meetings were banned under the emergency measures which will last until November 22, subject to parliamentary approval.
Armed police stormed the main opposition broadcaster and took it off the air on Wednesday, forcing staff to the ground and holding guns to their heads. All independent television news programmes have been halted for the 15-day state of emergency.
Georgia has a history of volatility. It was ravaged by civil war after the collapse of the Soviet Union in the early 1990s, and largely peaceful separatist rebellions are under way in two regions of the country. Tbilisi sees the hand of Moscow in both. Saakashvili wants to take Georgia - an east-west oil transport link wedged between Russia and the Middle East - into Nato and the European Union, policies which have set him on a collision course with Moscow.

Copyright Reuters, 2007

Comments

Comments are closed.