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Financial Times: Beijing intervenes to help stabilize banks
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. The Chinese government will boost its stakes in the country’s largest banks, as it attempts to shore up slumping financial stocks and to restore investor confidence. Central Huijin, the domestic arm of China’s sovereign wealth fund, (Read More)
Cairo killings raise heat on military: FT
Dressed in black, Teresa Youssef crouched sobbing and banging on the wooden coffin adorned with a large photograph of a young man, outside the morgue at the Coptic Hospital in Cairo. “Get up, Mina,” she cried, to the 20-year-old in the coffin who was killed by a bullet which burst his lungs. “He was a lion. He had no weapon but he defended us when we were attacked.” (Read More)
KABUL: Afghanistan’s intelligence agency and police force have been “systematically” torturing detainees including children at a number of jails, in breach of local and international laws, a United Nations report said on Monday. Scores of people told the UN that the National Directorate of Security (NDS) and the Afghan National Police had physically or mentally abused (Read More)
Lal Masjid deputy cleric likely to face the chop: LAHORE: Maulana Aamer Siddique, the second-in-command (Naib Khateeb) at the Red Mosque (Lal Masjid) in Islamabad, is believed to be in the process of being expelled from his post in the coming days as a penalty for visiting Iran, sources familiar with the matter told (Read More)
Unanimous NA move on power crisis
ISLAMABAD: After a six-day debate, the National Assembly unanimously decided on Monday to set up a special house committee to examine the causes of power shortages and recommend remedies even though the government said there were hardly any outages now after it tackled the recent crisis that provoked nationwide protests. A motion adopted by the house on a proposal from the (Read More)
PPP leaders discuss SC verdict
ISLAMABAD: The Pakistan People’s Party leadership discussed on Monday the Supreme Court’s verdict on the law and order situation and target killings in Karachi and decided to ask all political parties, particularly those in the ruling coalition, to expel militant elements from their ranks. (Read More)
LAHORE: Lahore High Court’s former chief justice (retd) Khawaja Muhammad Sharif will defend Mumtaz Qadri, the self-confessed murderer of slain Punjab governor Salmaan Taseer, before the Islamabad High Court. Qadri has filed an appeal against his death sentence given to him by an Anti Terrorism Court in Rawalpindi (Read More)
Egypt probes deadly sectarian clashes, first victims buried
CAIRO: Egypt’s military rulers ordered a speedy probe into clashes which killed 25 people, mostly Coptic Christians, as the cabinet held crisis talks and thousands attended the funerals of 17 victims.
The Supreme Council of the Armed Forces (SCAF) “tasked the government with quickly forming a fact finding committee to determine what happened,” in a statement read on state television Monday as world (Read More)
Lyari peace committee to be revived, says Mirza
KARACHI: Former Sindh home minister Dr Zulfikar Mirza announced on Sunday that the Lyari peace committee, popularly known as People’s Amn Committee, would be revived and said it would now play a more active role for people’s welfare. (Read More)
Cricket Australia slams “outlandish” match-fixing allegations
MELBOURNE: Cricket Australia chief executive James Sutherland says claims made in a London court over Australian match-fixing are ”outlandish and made by a person of dubious repute.” On Monday, the player agent at the centre of the Pakistan spot-fixing allegations, Mazhar (Read More)
Tribal women blamed for inducing fear among children: Research
PESHAWAR, Oct 10: A University of Peshawar researcher on Monday blamed women from Khyber Agency, especially in Bara tehsil, for inducing fear among their children to teach them discipline. “Mothers tell them to go to sleep otherwise dreaded militant commander Mangal Bagh will show up and (Read More)
A different paradigm by Kaiser Bengali
THE 18th Amendment and the seventh NFC Award have now placed responsibility for development in the provincial domain. However, the provinces appear to be unprepared to shoulder the responsibility. Provincial development planning is limited to putting together a disparate collection of schemes. There is little in terms of determining the relationship of one scheme to another. Resultantly, there is no overall direction to the development process. There is, thus, an abject need to introduce formal planning processes at the provincial level. (Read More)
Can Sindh change? By Meer M. Parihar
THE article ‘Will Sindh change?’, written by Zubeida Mustafa and published in this space several weeks ago, raises the question of changing the power structure in Sindh. Her assumptions are based on her interaction with some social activists working in rural Sindh’s (Read More)
Dar win theory and Pakistan By Asha’ar Rehman
IT is not often that all-rounder Abdur Razzaq escapes mention in the description of a scene he is present in. But here was Razzaq in the news picture last week, his participation in collecting donations in Lahore for Sindh`s flood victims going rather unnoticed. It was a former cricketer with just a handful of first-class wickets and a batting average of around 11 per (Read More)
The youngest casualties by Bina Shah
WAR has raged between the Pakistani Army and Taliban forces for several years now, spilling over from the tribal areas and Swat into the plains and cities of Pakistan. As a result, Peshawar, Islamabad, Lahore and Karachi have all borne the brunt of attacks on security targets, with Pakistan’s children being the most affected by the conflict. Karachi-based psychologist Ishma Alvi explains the psychological effects of the war on terror (Read More)
Who is this mysterious lady? By Javed Nusrat
For more than ten days a lady with elitist connections is reportedly being harassed by the Lahore Police. Alleged to have kidnapped a foreigner for ransom, her case is now before an anti-terrorism court. Instead of focusing on her defence through legal means, the said lady continues to insist, almost hysterically, that (Read More)
