Taliban Scrapped Peace Deal - Worst ever fighting underway in North Waziristan

2009-06-30 14:43:30 (GMT) (Caymanmama.com - Pakistan News News)

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Pakistan news of June 30, 2009 in passing

Worst ever fighting between Taliban and Pakistan army underway after Taliban scrap 16 months old peace deal
Pakistan faces worst load shedding in its history
Turkish company to modernize Pakistan F-16s
Security forces claim killing 13 militants
Karachi Stock Exchange up by 43.13 points

Worst ever fighting between Taliban and Pakistan army underway after Taliban scrap 16 months old peace deal

Miramshah (Dawn.com): Taliban attacked the military convoy and killed over 27 soldiers and destroyed their vehicles in North Waziristan, signaling that the peace deal signed 16 months ago with the Pakistan government has been scrapped. Taliban has further said that they would intensify their acts unless two core demands are met by the Pakistani government.

Army helicopters pounded Taliban hideouts to route out the militants who have taken positions in the area to fight the army.

Pakistan faces worst load shedding in its history

Islamabad (Business Recorder): As the mercury maintains its climb, the citizens of Pakistan face the worst ever loadshedding in the country’s history. Even hospitals remain with power adding to the misery of the patients. The managers of the country remain oblivious to this fact and remain content by issuing official statements like, ‘the president has taken notice of loadshedding.’

These managers of Pakistan is seemed to be unconcerned about the major public issues without taking into notice the heavy loss of revenue due to the power failures and extended load shedding.

Turkish company to modernize Pakistan F-16s

Ankara: (Reuters) Tusas, a Turkish company has signed an agreement to modernize 42 Pakistan’s F-16. According to the deal that is worth $75 million, the upgrading process of Pakistan F-16 will start in October 2010 at the company’s facility.

Security forces claim killing 13 militants

Landi Kotal (Business Recorder): 13 suspected militants have been reported killed by Pakistan security forces. The ISPR also reports 7 civilian casualties in Khyber Agency while 4 civilian were also injured. The locals in the area deny presence of any militants in the area while claim that 3 people who were killed were guests and not terrorists as suspected by the security forces.

Karachi Stock Exchange up by 43.13 points

Karachi (Business Recorder): The stock Exchange at Karachi showed a positive trend owing to the continued flow of foreign investment. The net foreign inflow touched $4.6 million. The local institutional buying activity also added to the positive note of the market. The KSE-100 index touched 7,206.17 points with an increase of 43.13 points.

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