Pakistan News of July 8, 2008
2008-07-08 14:28:36 (GMT) (Caymanmama.com - Pakistan News News)Pakistan news of July 8, 2008
Terrorists disrupt Karachi’s calm - 7 blasts in 5 areas rock the city
US president foresees Pakistan as the bigger challenge for the new US president
Gwadar port to be made fully operational by year’s end
Karachi Stock Exchange activity at low rate due to weakening currency and political uncertainty
Unprecedented hike in gas prices may lead the textile mill owners to shut down their units
Terrorists disrupt Karachi’s calm - 7 blasts in 5 areas rock Karachi
Karachi: 7 bomb blasts in 5 areas of Karachi disturbed the peaceful atmosphere of the metropolises yesterday killing 1 person and injuring over 50 people. No one has claimed the responsibility of the blasts. The Sindh administration has immediately suspended the higher police officials of the area where the blasts took place as they had failed to combat such attacks in spite of being pre warned that terrorists might attack in these areas.
US president foresees Pakistan as the bigger challenge for the new US president
New York: Quotating Bill Kristol of Fox News, daily Dawn reports that the US president George W. Bush believes that Pakistan would be a challenge for the new US president.
Gwadar port to be made fully operational by year’s end
Islamabad: Minister of Ports and Shipping, Mr. Qamar Zaman Kaira told the committee on ports and shipping that the government of Pakistan is taking steps to make Gwadar port fully functional by the end of this year. He also said that the arrangements are being made to link Gwadar port to Iran which will also be completed during the same period.
Karachi Stock Exchange activity at low rate due to weakening currency and political uncertainty
Karachi: The Karachi Stock Exchange witnessed a dull trading session yesterday as the investors and traders viewed at the weakening of the currency and political uncertainty and did not take active part in the trading activities. The KSE-100 index lost 83 points during the days trading session.
Unprecedented hike in gas prices may lead the textile mill owners to shut down their units
Lahore: The APTMA official on Monday decided to shut down their manufacturing facilities from July 11 if the government failed to withdraw 68% increase in the prices of gas for the industrial sector of the country.
For more details and information on Pakistan news of July 8, 2007 visit: http://www.dawn.com/2008/07/08/index.htm
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