Pakistan news of August 8, 2008

2008-08-08 14:45:19 (GMT) (Caymanmama.com - Pakistan News News)



Pakistan news of August 08, 2008

Ruling coalition to finalize impeachment of the President
Musharraf consults his loyalists on impeachment threat
US to maintain close relations with the democratically elected government
Britain wants to see stable Pakistan - Terms impeachment of the President, internal matter of the country
Downfall halts at Karachi Stock Exchange

Ruling coalition to finalize impeachment of the President

Islamabad: After much deliberations Pakistan People Party and PML-N leaders Asif Ali Zardari and Nawaz Sharif decided to move for impeachment of the President and the table the issue of restoration of judiciary. Asif Alif Zardari while speaking at a joint press conference with Main Nawaz Sharif said “The coalition believes that it has become imperative to move for impeachment under Article 47 (of the Constitution).”

Musharraf consults his loyalists on impeachment threat

Islamabad: President Musharraf continued consultations with his loyalists and his legal team. He maintained his earlier stance and said that “I have done no wrong and whatever I have done was in the best interest of the country. I have not abrogated the Constitution and will respond to the charges against me in parliament.”

US to maintain close relations with the democratically elected government

Washington: The impeachment motion must be done according to the rule of law said the US State department yesterday after the news of final decision of the ruling coalition was made public. The US state department’s spokesman said “We will continue our close ties with the democratically elected government of Pakistan.”

Britain wants to see stable Pakistan - Terms impeachment of the President, internal matter of the country

London: Britain, yesterday said that impeachment of the President is the internal matter of the Pakistan and Britain would continue to support and work with the elected government of Pakistan as Britain wants to see Pakistan as a stable country.

Downfall halts at Karachi Stock Exchange

Karachi: The Karachi Stock Exchange recovered from the bearish trend and gained 28.47 points. Banking and the oil sector shouldered the responsibility for the gain in the shares index that stood at 9,707.29 at the close of the day’s trading session.

For details on the Pakistan news of August 8, 2008 visit: http://www.dawn.com/2008/08/08/index.htm



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