Pakistan news of May 16, 2008
2008-05-16 20:22:33 (GMT) (Caymanmama.com - Pakistan News News)Pakistan news of May 16, 2008
Salman Taseer’s appointment as Governor of Punjab raises questions
US does not like the peace process in Pakistan
Asif goes free from Rockwood case
Minister Privatization Syed Naveed Qamar, given additional charge of Finance Minister
113 points lost in the days trading session on Thursday
Salman Taseer’s appointment as Governor of Punjab raises questions
Lahore: The breaking coalition might suffer the last blow with the appointment of Salman Taseer as the governor of Punjab. The pro Musharraf, Salman Taseer has been appointed with the consent of PPP and its leadership. PML-N has conveyed its reservation to the PPP upon this very important appointment.
US does not like the peace process in Pakistan
Washington: Dialog and the peace process with the Pakistani wing of Taliban to bring peace and harmony to normalize the life in Pakistan and to safe guard the live of people in the country is not liked by the US. The US forces fired rockets in Damadola killing many.
Asif goes free from Rockwood case
Karachi: Rockwood case, lodged against Asif Ali Zardari, the co-chairman of Pakistan Peoples Party in foreign courts has been terminated on the request of Government of Pakistan. The court was dismissed by the High court of Justice, Queen’s Bench Division, Commercial court, London on May 13, 2008.
Minister Privatization Syed Naveed Qamar, given additional charge of Finance Minister
Islamabad: After the resignation tendered by the PML-N, the Prime Minister, Yousuf Raza Gilani formed an Economic Advisory Council that would make recommendations and take steps to steer the country out of the current economic crises. Syed Naveed Qamar has been given additional charge of Finance Minister as this seat was left vacant by Ishaq Dar of PML-N after his resignation from the ministry. The economic advisory council will be headed by Mr. Shaukat Tareen, who will be the Chairman and the convener of the council.
113 points lost in the days trading session on Thursday
Karachi: Karachi Stock exchange lost 113 points during the days trading session here on Thursday. Political and economic uncertainties played a major role in motivating the investors and traders sentiments. The index stood at 14,479.87 points at the end of the days trading session.
For more detailed news on Pakistan visit: http://www.dawn.com/2008/05/16/index.htm
CaymanMama.com - Press Release Distribution Service
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