Pakistan news of August 20, 2008

2008-08-20 14:21:28 (GMT) (Caymanmama.com - Pakistan News News)



Pakistan news of August 20, 2008

Reinstatement of deposed Chief Justice not possible - Zardari
Pakistan’s Chief of Army Staff meets Afghan and Nato commanders
Musharraf friends want safe exit for the ex-president
Consumers ripped off billion due to defective oil price mechanism
Honeymoon at Karachi Stock Exchange gets over - traders sell stock amid fear of smooth functioning of coalition government

Reinstatement of deposed Chief Justice not possible - Zardari

Washington (Geo.Tv) According to a US based newspaper report that appeared on geo.tv’s website states that Co-chairman of Pakistan People’s Party Asif Ali Zardari has refused to reinstate the sacked chief justice of Pakistan Iftikhar Mohammad Chaudhry. It is learnt that Pakistan Muslim League Chief Main Nawaz Sharif had given a time limit to Mr. Zardari to make a final decision in this regard. If the ruling Pakistan People’s Party fails to reinstate the deposed chief justice chances of a PML-N breaking away from the coalition seem imminent.

Pakistan’s Chief of Army Staff meets Afghan and Nato commaders

Kabul (AP): During his first ever visit to Kabul, General Ashfaq Pervaiz Kayani met the Nato and Afghan boarder security commanders. He also had a telephonic discussion with the Afghan President Hamid Karzai.

Musharraf friends want safe exit for the ex-president

Washington (Dawn report) The US official not named by the newspaper has spoken on the post Musharraf consequences. He said that Musharraf is a friend of US and United States would make sure that he is treated with respect. The US will give him a Visa if, Musharraf chooses to come and stay in the US. He (Musharraf) is free to choose where to go.

Consumers ripped off billion due to defective oil price mechanism

Islamabad: The pricing mechanism that has not been changed since 2002 has ripped the consumer of petroleum products of billion. The government is all set to investigate the reasons of the error and dish out the people who were the beneficiaries of million so earned. The law makers have suggested to correct the mistake and pass on benefit to the consumers.

Honeymoon at Karachi Stock Exchange get over - traders sell stock amid fear of smooth functioning of coalition government

Karachi: The festive mood at the Karachi Stock Exchange started to get grim by the late selling of stocks for profit taking and amid fears on the smooth functioning of the ruling coalition.

After reaching the session high of 376 points the trading session ended at 200 points taking the KSE0-100 index to 10,919.06 points

For details on the Pakistan news of August 20, 2008 visit: http://www.dawn.com/2008/08/20/index.htm



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