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Print - 2004-09-19
Pope appeals for peace in Iraq and Middle East

Pope appeals for peace in Iraq and Middle East

Pope John Paul II on Saturday issued a new appeal for peace in Iraq and the Middle East, condemning the "horror" of violence as well as "the terrorism that cruelly targets the innocent".
Published 19 Sep, 2004 12:00am
NCCI trade mission due on September 20

NCCI trade mission due on September 20

The Nottinghamshire Chamber of Commerce and Industry (NCCI) trade mission, led by Michael Brosch, Director of International Trade, will visit Karachi from September 20 to 24 to explore Pakistan's market
Published 19 Sep, 2004 12:00am
NCCI trade mission due on September 20

NCCI trade mission due on September 20

The Nottinghamshire Chamber of Commerce and Industry (NCCI) trade mission, led by Michael Brosch, Director of International Trade, will visit Karachi from September 20 to 24 to explore Pakistan's market
Published 19 Sep, 2004 12:00am
Florida court puts Nader on state ballot for US vote

Florida court puts Nader on state ballot for US vote

The Florida Supreme Court has ruled that third-party presidential hopeful Ralph Nader can appear on ballots in the decisive state, increasing the chance the maverick contender will again influence the outcome of the presidential election.
Published 19 Sep, 2004 12:00am
34 Pakistanis freed from Guantanamo Bay

34 Pakistanis freed from Guantanamo Bay

The US authorities have freed 34 Pakistanis and one Afghan national from Guantanamo Bay, who were airlifted in a special plane on Saturday, an interior ministry official said.
Published 19 Sep, 2004 12:00am
34 Pakistanis freed from Guantanamo Bay

34 Pakistanis freed from Guantanamo Bay

The US authorities have freed 34 Pakistanis and one Afghan national from Guantanamo Bay, who were airlifted in a special plane on Saturday, an interior ministry official said.
Published 19 Sep, 2004 12:00am
18 killed in Indian occupied Kashmir clashes

18 killed in Indian occupied Kashmir clashes

Indian occupation troops shot dead 14 suspected freedom fighters in clashes across Indian occupied Kashmir overnight and on Saturday, while suspected freedom fighters killed four civilians, officials said.
Published 19 Sep, 2004 12:00am
18 killed in Indian occupied Kashmir clashes

18 killed in Indian occupied Kashmir clashes

Indian occupation troops shot dead 14 suspected freedom fighters in clashes across Indian occupied Kashmir overnight and on Saturday, while suspected freedom fighters killed four civilians, officials said.
Published 19 Sep, 2004 12:00am
Afghan tribal chiefs murdered

Afghan tribal chiefs murdered

Two tribal chiefs who supported Afghanistan's upcoming presidential polls have been found dead after being kidnapped by Taleban rebels, an official said on Saturday.
Published 19 Sep, 2004 12:00am
Afghan tribal chiefs murdered

Afghan tribal chiefs murdered

Two tribal chiefs who supported Afghanistan's upcoming presidential polls have been found dead after being kidnapped by Taleban rebels, an official said on Saturday.
Published 19 Sep, 2004 12:00am
Transfers and postings in CBR

Transfers and postings in CBR

The Central Board of Revenue (CBR) has transferred and posted 39 senior income tax officials with immediate effect. In this regard, the CBR on Saturday issued three notifications.
Published 19 Sep, 2004 12:00am
Transfers and postings in CBR

Transfers and postings in CBR

The Central Board of Revenue (CBR) has transferred and posted 39 senior income tax officials with immediate effect. In this regard, the CBR on Saturday issued three notifications.
Published 19 Sep, 2004 12:00am
Tripartite commission meets in Kabul

Tripartite commission meets in Kabul

The tripartite commission, composed of senior military and diplomatic representatives from Afghanistan, Pakistan and the United States, held its 8th meeting in Kabul on Saturday.
Published 19 Sep, 2004 12:00am
Tripartite commission meets in Kabul

Tripartite commission meets in Kabul

The tripartite commission, composed of senior military and diplomatic representatives from Afghanistan, Pakistan and the United States, held its 8th meeting in Kabul on Saturday.
Published 19 Sep, 2004 12:00am
ISPR clarification

ISPR clarification

A spokesman of ISPR has contradicted the news item appearing in a section of the press attributed to DG ISPR, that only foreign militants were killed in an operation carried out against miscreants on 9 September in Wana.
Published 19 Sep, 2004 12:00am
Shaukat links durable peace in South Asia to IOK solution

Shaukat links durable peace in South Asia to IOK solution

Prime Minister Shaukat Aziz on Saturday linked durable peace in South Asia to the resolution of the lingering Kashmir dispute, saying Pakistan would continue to extend moral, political and diplomatic support to the just cause of the Kashmiri people.
Published 19 Sep, 2004 12:00am
Prime Minister's adviser briefed on Wapda performance

Prime Minister's adviser briefed on Wapda performance

Adviser to the Prime Minister on Finance, Dr Salman Shah, has asked Water & Power Development Authority (Wapda) to augment the power generation capacity to address the rising demand of electricity amidst a vibrant economic growth scenario in medium to lon
Published 19 Sep, 2004 12:00am
Iesco complaint centre being shifted

Iesco complaint centre being shifted

Islamabad Electric Supply Company (Iesco) has decided to shift regional control centre from Zero Point to the premises of company's headquarter for effective and prompt redressal of consumers' complaints, Business Recorder learnt on Saturday.
Published 19 Sep, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Saturday is generally a day of rest for the parliamentarians but the Senate had to meet as it was tasked to pass the bill seeking export controls on nuclear and biological goods and technologies before President Musharraf's departure for the UN General As
Published 19 Sep, 2004 12:00am
Ban on transfers, postings in Sindh lifted

Ban on transfers, postings in Sindh lifted

Sindh Chief Minister Dr Arbab Ghulam Rahim on Saturday announced immediate lifting of ban on transfers and postings in all government departments with the exception of Irrigation and Water and Revenue.
Published 19 Sep, 2004 12:00am
Expatriates want Musharraf in uniform

Expatriates want Musharraf in uniform

Overseas Pakistanis from different parts of the world have sent messages to President General Pervez Musharraf urging him to continue in uniform till the reforms he has set in motion take firm roots, reports UPP correspondent.
Published 19 Sep, 2004 12:00am
US consulate's new PO named

US consulate's new PO named

Brian G. Heath has assumed his responsibilities as Principal Officer of the US consulate in Lahore.
Published 19 Sep, 2004 12:00am
18th Amendment may resolve uniform issue: MMA

18th Amendment may resolve uniform issue: MMA

Muttahida Majlis-i-Amal has said that after December 31, only 18th Amendment in the Constitution, could help resolve the president's uniform issue and mandate him to continue dual offices.
Published 19 Sep, 2004 12:00am
Hafeez calls on Arbab

Hafeez calls on Arbab

Federal Minister for Investment Dr Abdul Hafeez Shaikh called on Sindh Chief Minister Dr Arbab Ghulam Rahim at Chief Minister House on Friday evening.
Published 19 Sep, 2004 12:00am
MMA bill seeks amendments to High Treason Act

MMA bill seeks amendments to High Treason Act

The Muttahida Majlis-i-Amal (MMA) has submitted draft of bill seeking amendments to Section (3) of High Treason (Punishment) Act 1973, with the Speaker of National Assembly and the Federal Ministry of Law, Justice and Parliamentary Affairs for admissibili
Published 19 Sep, 2004 12:00am
General Aziz visits corps headquarters

General Aziz visits corps headquarters

Chairman Joint Chiefs of Staff Committee (CJCSC) General Muhammad Aziz Khan visited the Corps Headquarters here on Saturday, says an ISPR release.
Published 19 Sep, 2004 12:00am
'NCHD working as role model organisation'

'NCHD working as role model organisation'

Dr Nasim Ashraf, chairman of the National Commission for Human Development (NCHD), has said with continuity of policies, the Pakistan government has initiated vigorous measures for rapid uplift in the social and economic spheres.
Published 19 Sep, 2004 12:00am
Call to project Kashmir issue vociferously

Call to project Kashmir issue vociferously

Prime Minister of Azad Jammu and Kashmir Sardar Sikander Hayat Khan has urged the overseas Kashmiris to speed up their efforts at international level and make a combined struggle from a single platform regarding the durable and lasting solution of the Kas
Published 19 Sep, 2004 12:00am
Licences of two builders cancelled

Licences of two builders cancelled

Karachi Building Control Authority (KBCA) has cancelled the licences of two builders for committing violation of building rules and regulations.
Published 19 Sep, 2004 12:00am
Supreme Court bar elections on October 23

Supreme Court bar elections on October 23

The president of the Supreme Court Bar Association of Pakistan (SCBA) will be from the province of NWFP according to rules of the Association.
Published 19 Sep, 2004 12:00am
PTCL workers to observe strike on October 1

PTCL workers to observe strike on October 1

Employees of Pakistan Telecommunication Company (PTCL) on Saturday organised a protest rally in Bahawalpur, Multan, Muzaffargarh, and Sahiwal.
Published 19 Sep, 2004 12:00am
Rs 3.5 billion to be spent on capacity building

Rs 3.5 billion to be spent on capacity building

The government has launched a project involving expenditure of Rs 3.5 billion to build capacity of public sector institutions and civil servants working in key federal and provincial ministries and regulatory agencies.
Published 19 Sep, 2004 12:00am
PML workers convention on September 24

PML workers convention on September 24

Workers convention of Pakistan Muslim League (PML) will be held here on September 24 at 5 pm in the Circuit House here.
Published 19 Sep, 2004 12:00am
Clerk indicted in fraud case

Clerk indicted in fraud case

The accountability court has charge-sheeted accused Muhammad Ayaz, clerk SP Skardu and his agent Tufail for inflicting huge loss to the national exchequer through bogus registration of non-customs-paid vehicles.
Published 19 Sep, 2004 12:00am
Rumpus mars Sindh Assembly proceedings

Rumpus mars Sindh Assembly proceedings

The Sindh Assembly began its session on Saturday at 11:30 a m, 120 minutes late from scheduled time, and was adjourned just 45 minutes later after noisy scenes, wild accusations of trivial nature against the leaders of different parties and pandemonium, t
Published 19 Sep, 2004 12:00am
SME Bank gets commercial licence

SME Bank gets commercial licence

The State Bank of Pakistan (SBP) has issued a commercial banking licence to the SME Bank Limited. The bank is expected to commence commercial banking operations by the end of 2004.
Published 19 Sep, 2004 12:00am
Government urged to check essentials' price-hike

Government urged to check essentials' price-hike

The essential commodities, fruits and vegetable prices, which are already expensive for the public, showing a significant increase in their current levels ahead of Ramazan, a fresh report prepared after the survey of several markets and shops.
Published 19 Sep, 2004 12:00am
PBEA hails EU grant of EF quota

PBEA hails EU grant of EF quota

The Pakistan Bedwear Exporters Association (PBEA) has welcomed the 4,000 tonnes grant of Exceptional Flexibility (EF) quota by the European Union (EU), and said that it would help increase export earnings considerably in the last quota year.
Published 19 Sep, 2004 12:00am
Zardari allowed to walk in PIMS premises

Zardari allowed to walk in PIMS premises

Court has allowed Asif Ali Zardari for walk in the premises of Pakistan Institute of Medical Sciences and has turned downed the argument of the prosecution regarding the security measures.
Published 19 Sep, 2004 12:00am
Nazim asked to get Landhi industrial area sewerage line repaired

Nazim asked to get Landhi industrial area sewerage line repaired

Landhi Association of Trade and Industry (LATI) has urged City Nazim Naimatullah Khan to direct the Karachi Water and Sewerage Board (KWSB) to repair the overflowing main sewerage line at Hussain Chowrangi causing damage to roads and inconvenience in traf
Published 19 Sep, 2004 12:00am
'Gilani's imprisonment blow to democracy'

'Gilani's imprisonment blow to democracy'

Terming the conviction of Syed Yousuf Raza Gilani as punishment to Democracy, former Senator Asif Ali Zardari said that government by using such tactics would not suppress the popular voice of people for democracy.
Published 19 Sep, 2004 12:00am
Shahbaz's wife, two daughters arrive

Shahbaz's wife, two daughters arrive

Pakistan Muslim League (PML-N) President Shahbaz Sharif's wife Nusrat Shahbaz along with her two daughters, Jawaria Shahbaz and Rabia Shahbaz arrived here on Saturday.
Published 19 Sep, 2004 12:00am
Traders support Founders candidates in LCCI polls

Traders support Founders candidates in LCCI polls

Hall Road Traders Association (HRTA) President Babar Ali Khan and McLeoad Road Traders (MRT) have announced full support to 'The Founders' candidates in the elections of Lahore Chamber of Commerce and Industry (LCCI), it was learnt here on Saturday.
Published 19 Sep, 2004 12:00am
Sindh's laudable IT initiatives

Sindh's laudable IT initiatives

Speaking at a press conference in his office on Wednesday (September 15), Sindh Minister for Information Technology, Mustafa Kamal gave the glad tidings of this variously depressed province gaining a great deal from the ongoing improvements in the Informa
Published 19 Sep, 2004 12:00am
American torture spree

American torture spree

The outrageous case involving three American mercenaries in the imprisonment and torture of Afghans in their own country took an interesting turn on Wednesday when a Kabul court announced its judgement. The trio, a former Green Beret, Jonathan Idema; anot
Published 19 Sep, 2004 12:00am
Relocating polluting industries outside the cities

Relocating polluting industries outside the cities

Our cities have high levels of pollution which is causing health problems for the citizens. The civic and other government authorities are adopting measures to reduce the level of pollution within safe limits. Some of the district governments have evacuat
Published 19 Sep, 2004 12:00am
No end to construction in Dubai

No end to construction in Dubai

Skyscrapers, sprawling resorts, malls and residential complexes are mushrooming across the desert sands of Dubai, a Gulf emirate in the throes of an apparently endless construction frenzy.
Published 19 Sep, 2004 12:00am
Saudi firm sells Arabia's ancient perfume to world

Saudi firm sells Arabia's ancient perfume to world

The heady aroma of oriental perfume wafts through Saudi Arabia's shopping malls, luring customers to drop hundreds of dollars for a tiny flask of oud, the signature scent of Arabia.
Published 19 Sep, 2004 12:00am
Shaukat Aziz, the politician PM

Shaukat Aziz, the politician PM

A lot is being expected from Shaukat Aziz after his taking over as the PM of the country, which is equally being derided by the opposition for his not having a political background. I do not wish to disappoint the optimists but the fact is that whatever h
Published 19 Sep, 2004 12:00am
Karachi, a city in distress

Karachi, a city in distress

Karachi, which was once a city of peace, prosperity and home to a multitude of different ethnicities, living in harmony with each other, is today a city in distress. It has become hostage to a weird and egoistic man, who all his life called himself a refu
Published 19 Sep, 2004 12:00am
Windies to resume run chase today

Windies to resume run chase today

West Indies will require another 227 runs from 44 overs to beat South Africa in the ICC Champions Trophy Pool B game here at the Oval on Sunday and go through to the semi-finals of the competition.
Published 19 Sep, 2004 12:00am
England progress to semis after washout

England progress to semis after washout

England will meet Australia in next week's Champions Trophy semi-finals after heavy rain in Southampton gave them a 49-run win over Sri Lanka under the Duckworth/Lewis system in their Group D decider on Saturday.
Published 19 Sep, 2004 12:00am
Inzamam hoping for 'lovely' India match

Inzamam hoping for 'lovely' India match

Pakistan captain Inzamam-ul-Haq brushed aside security fears ahead of his side's winner-take-all Champions Trophy match against India at Edgbaston here Sunday, saying he anticipated a "lovely atmosphere" at the 21,000 sell-out game.
Published 19 Sep, 2004 12:00am
Canadian dollar dawdles

Canadian dollar dawdles

The Canadian dollar weakened on Friday, as Canada's inflation for August came in below expectations, prompting the market to rethink its expectations for future Bank of Canada interest rate hikes.
Published 19 Sep, 2004 12:00am
Coca-Cola to pay CEO $1.5 million a year

Coca-Cola to pay CEO $1.5 million a year

Coca-Cola Co, which warned earlier this week of lower-than-expected profits this year, said on Friday it will pay its new chief executive, Neville Isdell, a base salary of $1.5 million a year.
Published 19 Sep, 2004 12:00am
Coca-Cola to pay CEO $1.5 million a year

Coca-Cola to pay CEO $1.5 million a year

Coca-Cola Co, which warned earlier this week of lower-than-expected profits this year, said on Friday it will pay its new chief executive, Neville Isdell, a base salary of $1.5 million a year.
Published 19 Sep, 2004 12:00am
'EU will appeal against WTO ruling on sugar subsidies'

'EU will appeal against WTO ruling on sugar subsidies'

The European Union will appeal against a ruling by the World Trade Organisation (WTO) which said EU subsidies for sugar production broke international trade rules, French Agriculture Minister Herve Gaymard said in Mauritius on Saturday.
Published 19 Sep, 2004 12:00am
India steps up quest for energy supplies

India steps up quest for energy supplies

High prices are unlikely to erode India's booming demand for oil and the country has stepped up negotiations with producer nations to secure its energy supplies, said India's oil minister Mani Shankar Aiyar.
Published 19 Sep, 2004 12:00am
United Airlines seeks $500 million more in cost cuts

United Airlines seeks $500 million more in cost cuts

United Airlines said late Friday it will need about $500 million in annual cost cuts above the $655 million now in the works and also received court approval for more time to develop a reorganisation plan without interference from creditors.
Published 19 Sep, 2004 12:00am
Ethiopia begins AIDS drug production

Ethiopia begins AIDS drug production

An Ethiopian company has started producing generic drugs to treat HIV/AIDS that it plans to sell throughout east Africa at a lower cost than imported medicines.
Published 19 Sep, 2004 12:00am
EU seeks clampdown on work time law

EU seeks clampdown on work time law

Brussels will throw down the gauntlet to Britain next week by pushing for tighter rules on how many hours people can work at a stretch.
Published 19 Sep, 2004 12:00am
Malaysian tin up

Malaysian tin up

Tin rose $70 a tonne in Malaysian trade on Friday, ending two straight days of falls, after the metal closed up in London on higher copper prices.
Published 19 Sep, 2004 12:00am
New York copper's close above key support bodes well

New York copper's close above key support bodes well

COMEX copper futures ended above a key technical level for the second day in a row on Friday, which traders said augurs well for its near-term outlook despite mixed messages from economic readings.
Published 19 Sep, 2004 12:00am
China buys up to six US soya cargoes as margin rebounds

China buys up to six US soya cargoes as margin rebounds

Chinese crushers have bought up to six cargoes of US soyabeans this week, helped by a strong recovery in margins that provide security for wary international suppliers following massive defaults.
Published 19 Sep, 2004 12:00am
Australia fights biggest locust plague in decades

Australia fights biggest locust plague in decades

Australia has started battling its biggest plague of locusts in decades as billions of the insects hatch along a wide front covering much of the country's central east region.
Published 19 Sep, 2004 12:00am
India needs better productivity to make up for losses

India needs better productivity to make up for losses

India needs to increase its summer output of oilseeds and pulses to make up for an anticipated sharp fall in winter production because of poor rains, a senior government official said on Friday.
Published 19 Sep, 2004 12:00am
Shanghai copper gains on spot shortfall, LME

Shanghai copper gains on spot shortfall, LME

Shanghai copper futures jumped on Friday for the second straight day, buoyed by the twin factors of tight spot supply domestically and an overnight price surge on the London Metal Exchange, traders said.
Published 19 Sep, 2004 12:00am
Turkish cotton prices ease on fresh crop

Turkish cotton prices ease on fresh crop

Turkish cotton prices eased slightly this week as the new season crop started finding its way into the market, brokers said on Friday.
Published 19 Sep, 2004 12:00am
CBOT rice ends weak on hedging

CBOT rice ends weak on hedging

Rough rice futures at the Chicago Board of Trade closed lower on Friday on follow-through selling from Thursday's weak close amid some farmer hedge pressure, traders said.
Published 19 Sep, 2004 12:00am
Soya sags ahead of good US harvest

Soya sags ahead of good US harvest

Chicago Board of Trade soybean futures were mostly lower on Friday as traders anticipated a substantial advance in the US soy harvest, brokers said.
Published 19 Sep, 2004 12:00am
Range-bound Comex gold firms before sentiment data

Range-bound Comex gold firms before sentiment data

COMEX gold was consolidating with a slightly bid tone early Friday, enjoying some fund and investment bank interest before the release of an important barometer of US consumer confidence.
Published 19 Sep, 2004 12:00am
New York sugar settles near lows on specs

New York sugar settles near lows on specs

NYBOT raw sugar ended on Friday near session lows on speculative sales and switch trade, with more rollovers seen next week as players get ready for expiration of the October contract, brokers said.
Published 19 Sep, 2004 12:00am
Turkish wheat, barley supply moves up

Turkish wheat, barley supply moves up

Turkish wheat and barley supply has risen as the new planting season in October approaches, traders said on Friday.
Published 19 Sep, 2004 12:00am
FOB Gulf corn weaker, soyabean steady

FOB Gulf corn weaker, soyabean steady

US FOB Gulf corn basis offers were weaker on Friday ahead of an expected advance in the harvest over the weekend, while soyabeans were steady.
Published 19 Sep, 2004 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was unchanged, while January vaida maintained its overnight levels, dealers said on Satureday.
Published 19 Sep, 2004 12:00am
Improved activity on cotton market

Improved activity on cotton market

Slight improvement was witnessed on the cotton market on Saturday as both mills and spinners were active, market sources said.
Published 19 Sep, 2004 12:00am
Russia imports 21,850 tonnes palm oil

Russia imports 21,850 tonnes palm oil

Russian imports of palm oil, the major item in the country's vegetable oil imports, were 21,850 tonnes in July, down from 25,120 in the previous month, an analyst said on Friday.
Published 19 Sep, 2004 12:00am
Cottonseed oil cake up on grain market

Cottonseed oil cake up on grain market

Fresh arrivals from the upcountry market did not allow any commodity items to move any side except cottonseed oil cake, which tended up on increased demand, dealers said on Saturday.
Published 19 Sep, 2004 12:00am
South Korea says construction sector plans on track

South Korea says construction sector plans on track

South Korea said on Saturday plans to help the local construction industry avoid a drastic decline were on track, but reiterated concerns about the impact of cooling construction spending on the economy.
Published 19 Sep, 2004 12:00am
Dollar takes US consumer sentiment in its stride

Dollar takes US consumer sentiment in its stride

The dollar was broadly stronger on Friday as dealers unwound short dollar positions after an indicator of US consumer sentiment was seen as reasonably close to expectations, relieving pressure on the currency.
Published 19 Sep, 2004 12:00am
Indian forex reserves rise

Indian forex reserves rise

India's foreign exchange reserves rose to $118.26 billion on September 10 from $117.58 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on Saturday.
Published 19 Sep, 2004 12:00am
Spain says growth in third quarter to improve

Spain says growth in third quarter to improve

Spanish gross domestic product growth will accelerate in the third quarter by a tenth of a percentage point or two compared with the second quarter, Economy Secretary David Vegara was quoted as saying on Saturday.
Published 19 Sep, 2004 12:00am
IMM euro speculators add net long position: CFTC

IMM euro speculators add net long position: CFTC

Speculators in IMM euro futures added a net long position in the week ended September 14, data from the Commodity Futures Trading Commission showed on Friday.
Published 19 Sep, 2004 12:00am
North Korea vows will never dismantle nuclear arms

North Korea vows will never dismantle nuclear arms

North Korea will never dismantle its nuclear arsenal and will not resume talks on its atomic programmes unless the United States drops its "hostile" policy, the North's official KCNA news agency said on Saturday.
Published 19 Sep, 2004 12:00am