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Print - 2004-10-12
Life getting tense on the golf circuit tightrope

Life getting tense on the golf circuit tightrope

European and US golfers enter the final laps of their seasons over the next few weeks, a time for the top players to preen and count their millions and the also-rans to pray for overdue inspiration.
Published 12 Oct, 2004 12:00am
Safin survives first-round scare in Moscow

Safin survives first-round scare in Moscow

Top seed Marat Safin survived a first-round scare before prevailing over his doubles partner Max Mirnyi 6-7 7-6 7-6 in the Kremlin Cup on Monday.
Published 12 Oct, 2004 12:00am
Davenport claims Filderstadt title

Davenport claims Filderstadt title

Lindsay Davenport closed in on Amelie Mauresmo's world number one ranking on Sunday when the top seeded Frenchwoman was forced to retire injured in the final of the 650,000-dollar WTA event here.
Published 12 Oct, 2004 12:00am
Season over for tired Henin-Hardenne

Season over for tired Henin-Hardenne

Olympic champion Justine Henin-Hardenne announced on Monday that her season is over because of persistent fatigue brought about by her struggle to recover from a long-term virus.
Published 12 Oct, 2004 12:00am
WTA rankings

WTA rankings

American Lindsay Davenport trimmed Amelie Mauresmo's lead to only 15 points in the WTA rankings released here Monday.
Published 12 Oct, 2004 12:00am
Boost for crisis-hit Indian cricket board

Boost for crisis-hit Indian cricket board

India's paralysed cricket board received a boost on Monday when the country's top court granted a stay on a previous order barring newly elected officials from taking over.
Published 12 Oct, 2004 12:00am
Tardelli fired after Egyptian loss

Tardelli fired after Egyptian loss

Former Italian World Cup winner Marco Tardelli has been fired as coach of Egypt after their surprise defeat in Libya last week, the country's football association announced on Monday.
Published 12 Oct, 2004 12:00am
Moin joins team after illness

Moin joins team after illness

Experienced wicket-keeper Moin Khan has rejoined the Pakistan team in the three-nation one-day series after recovering from a severe viral illness.
Published 12 Oct, 2004 12:00am
Australia pull out of Champions Trophy hockey

Australia pull out of Champions Trophy hockey

Olympic field hockey champions Australia have pulled out of the Champions Trophy to be held in Pakistan in December citing security fears, the Pakistan Hockey Federation said on Monday.
Published 12 Oct, 2004 12:00am
Australian woman jumps on crocodile to stop attack

Australian woman jumps on crocodile to stop attack

A 60-year-old woman jumped on the back of a crocodile as it dragged a man from his tent in northern Australia on Monday, but was then attacked by the crocodile, which dragged her towards the ocean until it was shot dead.
Published 12 Oct, 2004 12:00am
EU demands Israel end Gaza incursion

EU demands Israel end Gaza incursion

The European Union called on Monday for an immediate end to Israel's military operations in Gaza and said a unilateral withdrawal from Palestinian territory could not be a substitute for a two-state political solution.
Published 12 Oct, 2004 12:00am
Cambodian royal succession clears last legal hurdle

Cambodian royal succession clears last legal hurdle

Cambodia's efforts to choose a successor to King Norodom Sihanouk after his surprise abdication cleared a last legal hurdle on Monday when the country's top constitutional body ruled the process valid.
Published 12 Oct, 2004 12:00am
Mubarak calls for UN conference on terrorism

Mubarak calls for UN conference on terrorism

Egyptian President Hosni Mubarak, in his first public comments since bombs killed at least 32 people at Red Sea resorts, said on Monday the world needed a UN-sponsored conference to deal with international terrorism.
Published 12 Oct, 2004 12:00am
Rocca to visit India next week

Rocca to visit India next week

US Assistant Secretary of State for South Asia Christina Rocca would visit India next week to carry forward the ongoing high-level dialogue on deepening co-operation in nuclear and strategic areas, officials said Monday.
Published 12 Oct, 2004 12:00am
23 dead in Congo boat disaster: UN

23 dead in Congo boat disaster: UN

At least 23 people died when a large motorised canoe capsized on Lake Kivu in the east of the Democratic Republic of Congo late on Sunday, the United Nations said on Monday.
Published 12 Oct, 2004 12:00am
Anyone want to buy a Swiss fighter jet?

Anyone want to buy a Swiss fighter jet?

The Swiss army is to auction off its old and unusable Mirage III fighter jets, for a starting price of 3,000 Swiss francs (1,900 euros, 2,400 dollars) each, the defence ministry said on Monday.
Published 12 Oct, 2004 12:00am
Tunisia not reviving president-for-life

Tunisia not reviving president-for-life

The expected re-election of Tunisian leader Zine al-Abidine Ben Ali, already in power for 17 years, does not signal the return to president-for-life rule but is needed for the country's prosperity, his party chief said.
Published 12 Oct, 2004 12:00am
Blair seeks re-launch after Iraq woes

Blair seeks re-launch after Iraq woes

Britain's Tony Blair set out his vision for a third term in office on Monday in a bid to shift the spotlight onto domestic policies that win or lose elections and off the divisive war in Iraq.
Published 12 Oct, 2004 12:00am
German anti-Nazi cleric heading for beatification

German anti-Nazi cleric heading for beatification

Cardinal Clemens August von Galen, a wartime German cleric who openly criticised the Nazis and their euthanasia killings, is set to be put on the path to Roman Catholic sainthood by Pope John Paul next year.
Published 12 Oct, 2004 12:00am
Southeast Asia takes aim at illegal wildlife trade

Southeast Asia takes aim at illegal wildlife trade

Southeast Asia announced on Monday its first co-ordinated effort against the multi-billion dollar illegal wildlife trade, drawing praise from conservationists despite giving no timetable for the plan.
Published 12 Oct, 2004 12:00am
EU agrees to lift Libya arms embargo

EU agrees to lift Libya arms embargo

The European Union on Monday agreed to lift an 18-year-old arms embargo on Libya, bowing to pressure from Italy which wants to help the former pariah state fight illegal immigration.
Published 12 Oct, 2004 12:00am
EU fails to agree on lifting China arms embargo

EU fails to agree on lifting China arms embargo

The European Union failed to agree on Monday to lift an arms embargo against China despite energetic French pressure, but ministers said a stronger code of conduct on arms exports could lead to a removal of the ban.
Published 12 Oct, 2004 12:00am
Afghan poll crisis near end

Afghan poll crisis near end

The crisis surrounding Afghanistan's historic presidential election appeared to end on Monday as President Hamid Karzai's chief rival said he and other candidates were withdrawing their rejection of the weekend poll.
Published 12 Oct, 2004 12:00am
Greenhouse gas jump spurs global warming fears

Greenhouse gas jump spurs global warming fears

An unexplained jump in greenhouse gases since 2002 might herald a catastrophic acceleration of global warming if it becomes a trend, scientists said on Monday.
Published 12 Oct, 2004 12:00am
'Superman' actor Christopher Reeve dies

'Superman' actor Christopher Reeve dies

US actor Christopher Reeve, who brought comic book hero Superman to the silver screen, then championed the disabled after an equestrian accident in 1995 left him paralysed, has died of heart failure at the age of 52, his publicist said early Monday.
Published 12 Oct, 2004 12:00am
UN must help prevent pre-emptive strikes: Annan

UN must help prevent pre-emptive strikes: Annan

The United Nations must show it is tough enough to ensure the security of its members so that individual countries do not take measures into their own hands, UN Secretary-General Kofi Annan said on Monday.
Published 12 Oct, 2004 12:00am
Kerry opens three-point lead on Bush

Kerry opens three-point lead on Bush

Democratic challenger John Kerry expanded his slight lead over President George W. Bush to three points in a tight race for the White House, according to a Reuters/Zogby poll released on Monday.
Published 12 Oct, 2004 12:00am
Iraqi nuclear related materials have vanished: UN

Iraqi nuclear related materials have vanished: UN

Equipment and materials that could be used to make nuclear weapons are disappearing from Iraq but neither Baghdad nor Washington appears to have noticed, the UN nuclear watchdog agency reported on Monday.
Published 12 Oct, 2004 12:00am
Sri Lanka's army general held

Sri Lanka's army general held

A top Sri Lankan army general was arrested by the country's independent anti-graft panel here Monday on a charges of corruption, officials said.
Published 12 Oct, 2004 12:00am
Hamdi back in Saudi Arabia, renounces US citizenship

Hamdi back in Saudi Arabia, renounces US citizenship

Yasser Esam Hamdi, a US-born Saudi held for nearly three years in the United States as a terror suspect, arrived in Saudi Arabia Monday and renounced his US citizenship, an interior ministry spokesman said.
Published 12 Oct, 2004 12:00am
Gaza pullout: Sharon sets date for vote

Gaza pullout: Sharon sets date for vote

Israeli Prime Minister Ariel Sharon moved Monday to accelerate his plan to pull out of the Gaza Strip by announcing that a parliamentary vote on the controversial project would take place in two weeks.
Published 12 Oct, 2004 12:00am
Oil boils above $53 in Asia

Oil boils above $53 in Asia

Oil prices stayed on the boil above $53 a barrel on Monday, bolstered by persistent anxiety over Opec member Nigeria and the nearly month-long loss of a quarter of US Gulf of Mexico production, traders said.
Published 12 Oct, 2004 12:00am
New York cotton closes lower

New York cotton closes lower

NYBOT cotton futures finished easier Monday on speculative sales, with the trade apparently betting a key government report tomorrow will be bearish, analysts said.
Published 12 Oct, 2004 12:00am
Most metals stay subdued, zinc up

Most metals stay subdued, zinc up

Copper on the London Metal Exchange (LME) remained subdued in thin trade on Monday, the first day of this week's annual LME Dinner meeting, after profit-taking pulled the metal down from 16-year highs.
Published 12 Oct, 2004 12:00am
Gold eases slightly in Europe

Gold eases slightly in Europe

Gold slipped back in Europe on Monday, content to stay within a narrow $4 range as the market digested last week's run to six-week highs above $423/oz.
Published 12 Oct, 2004 12:00am
Bonds: Sainsbury recovers

Bonds: Sainsbury recovers

The cost of credit protection for J. Sainsbury eased on Monday afternoon, but still rose on the day after the British supermarket chain said its profits would be weaker than expected.
Published 12 Oct, 2004 12:00am
Bonds: Sainsbury recovers

Bonds: Sainsbury recovers

The cost of credit protection for J. Sainsbury eased on Monday afternoon, but still rose on the day after the British supermarket chain said its profits would be weaker than expected.
Published 12 Oct, 2004 12:00am
FTSE pulled back by Sainsbury woes, high oil price

FTSE pulled back by Sainsbury woes, high oil price

Britain's top shares slipped on Monday as grim trading news from food retailer J. Sainsbury and the threat that record high oil prices will eat into corporate profits combined to pull the market further back from last week's 28-month peak.
Published 12 Oct, 2004 12:00am
Sterling hits one-week high against dollar

Sterling hits one-week high against dollar

Sterling rose to a one-week high against the dollar on Monday and also bounced higher on the euro after data showed UK factory gate inflation hitting an eight-year high in September due to soaring oil prices.
Published 12 Oct, 2004 12:00am
Dollar falls against yen and euro

Dollar falls against yen and euro

The dollar fell to a one-month low against the yen and held near a recent one-week low versus the euro on Monday after weak US jobs data raised questions about future interest rate hikes in the United States.
Published 12 Oct, 2004 12:00am
'Undeclared load-shedding due to 500 mw shortfall'

'Undeclared load-shedding due to 500 mw shortfall'

There is an undeclared load-shedding of electricity in the country because of 500 megawatt shortfall in the production and supply of electricity, said the Chairman of National Electric Power Regulatory Authority (Nepra) Lieutenant General (retired) Saeedu
Published 12 Oct, 2004 12:00am
Partial solar eclipse on October 14

Partial solar eclipse on October 14

The partial eclipse of sun will take place on Oct 14. However, it will not be visible in Pakistan. According to Meteorological Department, here, the second solar eclipse of the year will be visible in northeastern Asia and Pacific Ocean.
Published 12 Oct, 2004 12:00am
Opposition stages walkout

Opposition stages walkout

The combined opposition on Monday staged walkout from the National Assembly on the presentation of standing committee's report on the bill empowering President General Pervez Musharraf to hold his military outfit after the December 31 deadline.The governm
Published 12 Oct, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

To poor Sher Afgan the Parliament has been generally hostile. Last month it was the Senate which heaped humiliation on him and on Monday it was the turn of the National Assembly.
Published 12 Oct, 2004 12:00am
Goethe Institute reopens today

Goethe Institute reopens today

The Goethe Institute Karachi is reopening in a beautiful building in Karachi on Tuesday.
Published 12 Oct, 2004 12:00am
Javed Ghuman elected ACAAP Chairman

Javed Ghuman elected ACAAP Chairman

Javed Haider Ghuman has been elected Chairman of Air Cargo Agents Association of Pakistan (ACAAP) for 2004-05.
Published 12 Oct, 2004 12:00am
Tax officer promoted

Tax officer promoted

The Central Board of Revenue (CBR) has promoted Munir Ahmed Sheikh, a BS-20 officer of Income Tax Group, to BS-21 with immediate effect.
Published 12 Oct, 2004 12:00am
Jamali offers apology for Sher Afgan

Jamali offers apology for Sher Afgan

The government on Monday apologised to National Assembly members for a minister's remarks against the people of Sindh, which he outrightly repudiated in the House.
Published 12 Oct, 2004 12:00am
'Government welcomes investment in energy sector'

'Government welcomes investment in energy sector'

Prime Minister Shaukat Aziz on Monday appreciating the joint venture projects said with the growing economy in Pakistan, there was great potential for foreign investment.
Published 12 Oct, 2004 12:00am
Donors pledge Rs 60 million to NCHD

Donors pledge Rs 60 million to NCHD

A sum of Rs 60 million was pledged during 12-hour long National Commission for Human Development (NCHD) live telethon held at Liaquat Gymnasium here on Sunday night.
Published 12 Oct, 2004 12:00am
Rs 495 million released for madressah reform

Rs 495 million released for madressah reform

The federal ministry of education has released Rs 495 million out of the total Rs 5759.395 million to provincial education departments for incorporating teaching of formal subjects in deni madaris.
Published 12 Oct, 2004 12:00am
Pemra to up-links around 40 TV channels

Pemra to up-links around 40 TV channels

Pakistan Electronic Media Regulatory Authority (Pemra) has announced that around 40 TV channels will be up-linked from Pakistan during next one and half year. Various organisations have shown interest for starting TV channels and Pemra is looking into the
Published 12 Oct, 2004 12:00am
Prime Minister approves Ramazan relief package

Prime Minister approves Ramazan relief package

Prime Minister has approved a relief package for Ramazan envisaging up to 10 percent reduction in prices by the Utility Stores Corporation. Items used in sizeable quantity during the holy month would be sold by the Utility Stores outlets at 10 percent dis
Published 12 Oct, 2004 12:00am
Prime Minister approves Ramazan relief package

Prime Minister approves Ramazan relief package

Prime Minister has approved a relief package for Ramazan envisaging up to 10 percent reduction in prices by the Utility Stores Corporation. Items used in sizeable quantity during the holy month would be sold by the Utility Stores outlets at 10 percent dis
Published 12 Oct, 2004 12:00am
Tribal leader agree to negotiate over Chinese hostages fate

Tribal leader agree to negotiate over Chinese hostages fate

A tribal leader agreed to negotiate over the fate of two Chinese hostages on Monday after allowing a deadline for a threatened execution to pass. Abdullah Mahsud, who is holding the two Chinese engineers in a wild tribal region near the Afghan border, sai
Published 12 Oct, 2004 12:00am
Tribal leader agree to negotiate over Chinese hostages fate

Tribal leader agree to negotiate over Chinese hostages fate

A tribal leader agreed to negotiate over the fate of two Chinese hostages on Monday after allowing a deadline for a threatened execution to pass. Abdullah Mahsud, who is holding the two Chinese engineers in a wild tribal region near the Afghan border, sai
Published 12 Oct, 2004 12:00am
Sharon survives no-trust votes

Sharon survives no-trust votes

Prime Minister Ariel Sharon survived two no-confidence votes in Israel's parliament on Monday, clinging to power as he seeks to push through a disputed plan for withdrawal from some occupied territory.
Published 12 Oct, 2004 12:00am
Sharon survives no-trust votes

Sharon survives no-trust votes

Prime Minister Ariel Sharon survived two no-confidence votes in Israel's parliament on Monday, clinging to power as he seeks to push through a disputed plan for withdrawal from some occupied territory.
Published 12 Oct, 2004 12:00am
Pound and euro may surge in open market

Pound and euro may surge in open market

The European single currency is likely to maintain its firm posture in the coming days, money experts said on Monday. The emerging geo-political scenario is favouring euro to extend its gains versus world leading currencies, they observed. In world market
Published 12 Oct, 2004 12:00am
Pound and euro may surge in open market

Pound and euro may surge in open market

The European single currency is likely to maintain its firm posture in the coming days, money experts said on Monday. The emerging geo-political scenario is favouring euro to extend its gains versus world leading currencies, they observed. In world market
Published 12 Oct, 2004 12:00am
Alarming rise in inflation

Alarming rise in inflation

Inflation is on the rise, rather alarmingly. All the three price indices for July-September showed record rise in prices over last year's corresponding period, the highest in the past five years or more. The Sensitive Price Indicator (SPI) during the curr
Published 12 Oct, 2004 12:00am
Alarming rise in inflation

Alarming rise in inflation

Inflation is on the rise, rather alarmingly. All the three price indices for July-September showed record rise in prices over last year's corresponding period, the highest in the past five years or more. The Sensitive Price Indicator (SPI) during the curr
Published 12 Oct, 2004 12:00am
Punjab University revises curriculum

Punjab University revises curriculum

With a view to disseminate new curriculum for MA Economics Part-I & Part-II Examinations to be implemented from the academic session 2004-2005, Punjab University arranged a seminar here on Monday.
Published 12 Oct, 2004 12:00am
'Training centers for officials soon'

'Training centers for officials soon'

Minister for Management and Provincial Development Department Sardar Hassan Akhtar Moakal has said that we must utilise our resources to enhance the performance of government officials in the province.
Published 12 Oct, 2004 12:00am
"We are standing up on our own feet with a str

"We are standing up on our own feet with a str
Five years later, the nation's political and economic institutions stand salvaged. The negative trend of institutional failures throughout the 1990s that affected Pakistan's integrity has been reversed. And the national morale is on the rise. P
Published 12 Oct, 2004 12:00am
Committee to look into Shell depot matter

Committee to look into Shell depot matter

Punjab government has constituted a special committee, with Tehsil Nazim Hamid Nawaz, its head, to look into the matter of Shell Pakistan depot at Rehmatabad, Rawalpindi, which was asked to submit a provisional report within 15 days and final report withi
Published 12 Oct, 2004 12:00am
The Weather

The Weather

The weather report on Monday (October 11) and the forecast for Tuesday (October 12, 2004).
Published 12 Oct, 2004 12:00am
Agreed valuation: no need to refer leather garment shipments to PCC

Agreed valuation: no need to refer leather garment shipments to PCC

The Customs Collector (Export) has assured the leather garment exporters that the shipments within agreed valuation parameters will not be referred to the Price Check Committee (PCC) at the Air Freight Unit (AFU) at the Jinnah Terminal.
Published 12 Oct, 2004 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.
Published 12 Oct, 2004 12:00am
Prime Minister briefed on uplift schemes

Prime Minister briefed on uplift schemes

Minister of State for Communication Engr. Shahid Jamil Qureshi called on Prime Minister Shaukat Aziz at the Prime Minister House on Monday and exchanged views with him on matters pertaining to development schemes being executed in his constituency.
Published 12 Oct, 2004 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.
Published 12 Oct, 2004 12:00am
Quaid's words

Quaid's words

Breathes a nation with a soul so dead, which did not even squeak when the inspiring words of the Father of the Nation Quaid-i-Azam Mohammed Ali Jinnah "Unity-Faith-Discipline" were removed from the Teen Talwar, after it was renovated.
Published 12 Oct, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 11, 2004).
Published 12 Oct, 2004 12:00am
Kill sectarian killing

Kill sectarian killing

Is there any doubt in any one's mind that Multan was an outcome of Sialkot vendetta? A continuation of the sectarian feud?
Published 12 Oct, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 11, 2004).
Published 12 Oct, 2004 12:00am
Mobile phone snatching

Mobile phone snatching

The incidents of mobile phone snatching at gunpoint have increased in the city during the last few months. Mobile phone users feel insecure because of the rising incidences of this crime and police in a number of cases has refused to lodge FIRs.
Published 12 Oct, 2004 12:00am
Key stock market movements at 1700 GMT on October 11

Key stock market movements at 1700 GMT on October 11

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 12 Oct, 2004 12:00am
Car ownership rising in China

Car ownership rising in China

Every weekend and on public holidays, Cuandixia buzzes with activity as day trippers from Beijing jump into their cars and troop out to the 500-year-old village.
Published 12 Oct, 2004 12:00am
Integrated audit system

Integrated audit system

In my previous article under the title audit under income, sales tax and corporate laws, I had stressed the need for the Central Board of Revenue (CBR) and the Securities Exchange Commission of Pakistan (SEC) to work closely to devise an integrated system
Published 12 Oct, 2004 12:00am
Need for greater vigilance during Ramazan

Need for greater vigilance during Ramazan

That there is a great deal more to the sudden spurt of terrorism in the country should not be in doubt, not only because of increasingly heinous strikes under an ill-contrived cover of sectarian conflict but also because of targeting of new areas.
Published 12 Oct, 2004 12:00am