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Top militants among 18
arrested
Bureau Report
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PESHAWAR—The Security Forces
on Wednesday morning arrested 18 miscreants including several important
militants’ commanders in a successful operation at Gul Jabba Kabal
Tehsil in Swat district... |
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Norway supports Afghan,
Taliban peace talks
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KABUL—Norway added its backing
Wednesday to a political solution to Afghanistan’s extremist insurgency
following reports that the Afghan government has already begun talks
with the Taliban. Foreign minister Jonas Gahr Stoere... |
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MPs get closed door briefing on anti-terror
fight
Staff Report
ISLAMABAD—Director General Military
Operations Lt. Gen Ahmed Shuja Pasha on
Wednesday gave briefing to in-camera joint
session of the parliament on country’s
security situation. The session, which
started at around 6 p.m, was chaired by
Speaker National Assembly Dr Fehmida Mirza.
On the request of Prime Minister Syed Yousuf
Raza Gilani special `dua’ was offered for
those who lost their lives in the October 8,
2005 earthquake and in the terrorist
attacks. Sources said the parliamentarians
were given detailed briefing on the
on-going... |
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Stocks, rupee sink to low amid rumours
Bureau Report
KARACHI—Pakistan’s central bank said
Wednesday it was intervening in the money
market after the rupee plunged to a record
low against the dollar amid a worsening
global financial crisis. The State Bank of
Pakistan said it was injecting capital as
the rupee traded at an all-time low of 80.5
rupees to the dollar in the foreign exchange
market. It eventually closed at 79.5 rupees.
“Yes, we are intervening in the market (to
stabilise the rupee),” State Bank of
Pakistan spokesman... |
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World central banks cut rates to stem
turmoil
Foreign Desk Report
LONDON/NEW YORK—Central banks around the
world cut interest rates in unison on
Wednesday to try to limit economic damage
from the worst financial crisis in 80 years.
In an unscheduled announcement made as New
York traders were reaching their offices,
the Federal Reserve said it was cutting its
key federal funds rate by 50 basis points to
1.5 percent. China, the European Central
Bank (ECB) and central banks in Britain,
Canada, Sweden and Switzerland also cut
rates in a coordinated response which
investors had been demanding... |
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EDITOR'S MAIL |
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To Toronto – with no ticket .
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SPECIAL REPORTS |
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WORLD
GALLERY
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 Spanish
actress Elsa Pataky poses during a photocall before
the premiere of "Santos" in Madrid. |
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 U.S.
actress Ashley Tisdale poses for photo-graphers at
the premiere of "High School Musical III" in
Leicester Square, London. |
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CHINA
TODAY
