Be Pakistan

Clinton Admits US Liable For Situation In Pakistan

Clinton

WASHINGTON: US Secretary of State Hillary Clinton acknowledged that the United States too had a share in creating the problem that plagues Pakistan today.
In an appearance before a subcommittee of the House Appropriations Committee on Thursday, Hillary Clinton explained how the militancy in Pakistan was linked to the US-backed proxy war against the Soviets in Afghanistan.
‘We can point fingers at the Pakistanis. I did some yesterday frankly. And it’s merited because we are wondering why they just don’t go out there and deal with these people,’ said Clinton while referring to an earlier hearing in which she said that Pakistan posed a ‘mortal threat’ to the world.
‘But the problems we face now to some extent we have to take responsibility for, having contributed to it. We also have a history of kind of moving in and out of Pakistan,’ she said.
‘Let’s remember here… the people we are fighting today we funded them twenty years ago… and we did it because we were locked in a struggle with the Soviet Union.’
‘They invaded Afghanistan… and we did not want to see them control Central Asia and we went to work… and it was President Reagan in partnership with Congress led by Democrats who said you know what it sounds like a pretty good idea… let’s deal with the ISI and the Pakistan military and let’s go recruit these mujahideen.’ Read the rest of this entry »

Very Big Terrorist Plot? – No Evidence Against Pakistani Students

UK Police

LAHORE, Pakistan: The 11 Pakistani students arrested in Britain will be released, as the authorities have not found any evidence against them, Pakistan High Commissioner to London Wajid Shamsul Hassan has said. Hassan said the arrests were a mistake on the part of British intelligence agencies, a private TV channel reported. He said the British government had exaggerated the incident (UK PM used “Very Big Terrorist Plot” while talking about it), adding the remand of the students was ending on Wednesday. He said they would then be released in absence of any proof of wrongdoing. daily times monitor

Source: Image has been taken from BCC

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Karachi Stock Exchange Flying High

KSE

KARACHI: Stocks prices at Karachi Stock Exchange (KSE) witnessed a significant gain on Monday with the benchmark KSE-100 Index advancing by 212 points to finish the day at 7,015. The Index was seen at over 7,000 level for the first time since December 22, 2008.
The President’s announcement regarding lifting of the Governor Rule in his address to the joint session of Parliament further restored the confidence of the investors who looked particularly interested in taking positions in energy and banking stocks.
Market turnover surged to 330 million shares. Pak PTA recorded maximum activity which gained paisas 26 to Rs3.6. Market experts say the major Index could cross the psychological barrier of 7,500 level in the coming sessions.

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Terrorist Attack On Manawan Police Center Lahore

Lahore-attack

LAHORE: The siege at the Manawan Police Center in Lahore has ended, bringing a halt to eight-hour long operation Security forces have arrested four terrorists before regaining control of the besieged Police Center. Four terrorists were also killed in the operation.
According to sources, eight policemen were martyred, while 95 others were injured in the deadly attack.
The attack came at a time when the trainee policemen were doing parade at a Police Center situated near Manawan Village on GT Road today morning.
The attackers first lobbed hand grenades into the training ground from the outside wall, which spread smoke all over the place. Later, they broke into the building and opened fire on unarmed policemen before taking positions.
The Pak army, rangers, Elite forces and policemen, after receiving the information about the attack, reached the scene and launched operation against the armed attackers.
Meanwhile, after eight-hour long operation, security forces regained control of the Police Center, while two terrorists present inside the building blew themselves up to avoid arrests.
Security forces arrested a suspect from a helipad near training school and seized two grenades from his possession. He was shifted to some undisclosed location for interrogation.
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Karachi Stock Exchange (KSE) Continues Progress Upward

KSE

KARACHI: Positive trend continued at Karachi Stock Exchange (KSE) Wednesday where the benchmark KSE-100 Index gained 127 points to close at 6,267.
The announcement of financial results of National Bank of Pakistan fueled further investment at KSE, contributing fresh gains in the major Index. NBP closed at its upper circuit breaker today.
Trade volume was registered at 230 million shares, showing an increase of 20 million compared to yesterday’s trade.
NIB remained the star performer in terms of volume which gained paisas 16 to close at Rs5.44.
KSE-30 Index advanced by 190 points to finish the day at 6,768.
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