Baitullah’s army killing its own wounded soldiers
2009-07-02 01:47:44 (GMT) (Caymanmama.com - Pakistan News News)Latest Pakistan news of July 1, 2009 in passing
Baitullah’s army killing its own wounded soldiers - refuse release of kidnapped teenagers
US aid to Pakistan must not be used against India
Health drugs running out of stock in IDP camps
Net Loss of 43.99 points registered at Karachi Stock Exchange
Difficult position of Pakistan Apparel Industry
Baitullah’s army killing its own wounded soldiers - refuse release of kidnapped teenagers
Islamabad (Dawn.com): The Pakistan army sources disclosed having received reports that Baituallah’s army had killed its wounded soldiers whom they could not carry while retreating from the area. They acted upon instructions of their commanders.
Meanwhile, it is also learnt through the parents of the teenaged boys whom Baitullah had kidnapped for the purpose of training as suicide bombers has refused to release their parents request to release these boys.
US aid to Pakistan must not be used against India
Washington (Dawn.com): The visiting Indian MP to the US who were there to take part in the 3rd India Yale Parliamentary Leadership Program have requested the Obama Administration to make sure that the US aid toward Pakistan is not directed towards building forces against India. Mr. Singhvi told the media that, ‘At several meetings, we made it clear that the Af-Pak policy must necessarily have an in-built safeguard component to prevent the direct or indirect diversion of enormous US aid for potentially anti-India activities by Pakistan.’
Health drugs running out of stock in IDP camps
Islamabad (Dawn.com): WHO has issued warnings that the medicines and health drugs in the IDP camps are running out of stock and if the donors do not funnel more funds, the camps would be out of basic life saving drugs within two to three weeks.
Net Loss of 43.99 points registered at Karachi Stock Exchange
Karachi (Business Recorder): The stock exchange of Karachi reacted adversely yesterday to the market sentiments. The suspension of trading rights of 5 members and the unclear position on the imposition of central excise duty helped the loss of confidence of the investors that led to the downfall of the trading activities. The KSE-100 index stood at 7,162.18 points after the loss of 43.99 points.
Difficult position of Pakistan Apparel Industry
Karachi (Business Recorder): Pakistan law and order and economic situation has taken its toll on the basic bread earner industry of the country as well. With looting, high rising crimes, extortion of money in the name of “Protection money” by the activists of the ruling political parties, unexplained and unprecedented power outages, high rising fuel and electricity rates have made the exports apparel exports from Pakistan expensive. The financial crunch also has added to reasons by the depleting exports commitments are harder to be met.
As the result many apparel manufacturing units have closed down their operation while others are meddling with the issue and thinking in terms of closure. The current exports figures show that the garments exports from Pakistan declined by 22.7% during the July - May 2008-09 period.
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