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Pakistan ( Karachi, Lahore, Islamabad ) Stock Exchanges Crashed. On The Other Side Taliban Give NWFP Government 5 Day Ultimatum
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by linkadnan | July 17, 2008 at 10:19 am
577 views | 2 Recommendations | 9 comments
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Pakistan ( Karachi, Lahore, Islamabad ) Stock Exchanges Crashed. On The Other Side Taliban Give NWFP Government 5 Day Ultimatum
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News # 1 = Karachi, Lahore, Islamabad ( Pakistan ) Stock Exchanges Crashed. Angry protestors broke windows and damaged banks and brokerage houses as country's Stock Exchanges hit their lowest.
( Geo / Aaj / ARY One World, Waqt, Express, Samaa News ) The Karachi Stock Exchange (KSE) -100 index closed at 10,213 after shedding 279 points today.
The market is under severe bearish clutch for the fourth day of the trading week in a row. The Benchmark 100-index has sunk to the lowest in seven years as it reached to 10,213 points.
News # 2 = Taliban give NWFP govt 5-day ultimatum to quit
( Geo / Aaj / ARY One World News ) Peshawar Pakistan : Tehreek-i-Taliban Pakistan has warned NWFP government of dire consequences in case it failed to step down within the next five days.
Taliban spokesman Maulvi Umer informed media that Tehreek-I-Taliban will be forced to take action against NWFP government if it fails to quit. “NWFP government will itself be responsible for the damage,” he warned.
News # 3 = Karachi, The Industrial Hub Of Pakistan Is Facing The Worse Electricity Loadshedding Crisis.
On the other side, CNG stations defy OGRA’s instructions, charge higher rates = According To Dawn News Retail outlets are still selling CNG at an average price of Rs48.80 per kg despite correction by the government of an erroneous announcement about price increase.
The CNG Association believes that the situation has been created to deprive people of the cheap fuel. The association finds it technically impossible to ensure uniform CNG retail prices, as desired by the federal cabinet, because of varying input costs and heating value of natural gas which differs from field to field and province to province.
News # 4 = Pakistan Telecommunication PTCL employees threaten to paralyse communication =
( The News ) The PTCL employees staged a demonstration here on Wednesday against the unified pay scale being introduced by the PTCL administration. The protesting employees also locked the offices of the PTCL. They were demanding the arrest of policemen involved in torture of their fellow colleagues in Islamabad and Larkana.
They warned to paralyse the telephone system throughout the country in the next 24 hours in case the unified pay scale system was not reversed. Central Chairman PTCL Action Committee Haji Khan Bhatti in this regard, led the rally from the Telegraph Office to the Divisional Office PTCL. Addressing the rally, he said the PTCL administration was issuing offer letter of jobs on contract basis to permanent employees under the unified pay scale, which had been rejected by the employees.
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linkadnan
Karachi ( North Nazimabad 74700 ), dh ( Pakistan, Pakistan
Most RecentMost Recommended Comments (9)
at 12:04 on July 17th, 2008
OMG, link, the Taliban is taking over Pakistan? They should never have gotten in league/bed with them.
This is not good!
at 12:31 on July 17th, 2008
Respected And Dear Rene,
Well, Pakistan's Army, Security Agencies And Government Are Enough Courageous And Prepared To Get Hold On Taliban ( As The Entire World Agree ) That Taliban's Are Only Harassing The World, Although Pakistan Is The State Where People Are Aware Of Their Day-to-Day Statements And Mostly Don't Listen To Their Such Statements, As Taliban's Think The Entire World And People Are A Peace Of Cake To Eat ..... Almost At That Issue The World Is One And United !
What Your Opinion ?
at 19:44 on July 17th, 2008
I hope the Taliban turns into 'the piece of cake to eat' instead. And am aware that they make the people of Pakistan suffer, they don't just talk. I hope you stay safe, and that this situation can soon be under control.
Stock markets always go up and down, that's what they do. Mostly the ones involved with it get over-excited, panic, and see doom. But many manage to profit even when it goes down.
Forgive the flippant comment above. I was just jousting.
at 19:54 on July 17th, 2008
Dear And Respected Rene,
Glad To Receive Updated Comments From You And Thank You For Your Opinion. I Agree With You About The Stock Markets And Thank You For Pakistani People Safety Prayers.
Forgive You ..... Why ? I Always Admire The Comments / Opinion You Make Related To My Posts. So Always Freely Give Your Opinion, Suggession On My Posts. You Are Always Welcome Rene. Hope To Keep In Touch And To Hear From You In Future Too.
Too Many Prayers And Wishes For Rene And For People Around You !
at 20:09 on July 17th, 2008
Dear, linkadnan, could you explain who the NWFP government are and why should they quit, as the Taliban demand? What is that all about? Why do the Taliban want them to quit? Why do the Taliban think they can make this demand at all? Because they will murder people if they don't get their way?
How are the telecommunications people doing with their demands? I presume they are objecting because they will lose some benefits, monetary, seniority, by this 'unified pay scale'. Hope they can bring to justice those police who are supposed to protect, not persecute.
at 19:08 on July 17th, 2008
Wow, Obama has been saying this for how long now?
I have mentioned this in numerous articles only to be rebuffed by people with no clue about foreign affairs.
linkadnan, obviously makes a good point, they are trying to stop al-Qaeda and the Taliban, but the borders are saturated with tribally related people. If you care to inform yourself, learn about Pashtun culture and the Durand Line.
That is my problem with people like Rene and Joellerose, they make statement with no information and take no redress of recourse for their actions and words.
at 19:45 on July 17th, 2008
Dear And Respected V_rod218813,
Hope That You Will Be Fine. Glad To Receive Comments From You.
As You Mentioned In Your Profile That You Are A College Student, Having Political Science As Your Major Subject. So You Are Better And Too Much Aware Of What Is Happening Around Us, Especially In Pakistan, Afghanistan And Neighbouring Countries. But Many Visitors Of Now Public Are Too Much Far Away And Only Rely On News Information. So Everyone View And Think According To Available Information, Resources And Knowledge They Have.
We All Are Knowledge Gainers And Sometimes Create Wrong Perception ..... And We All Are Mentors Of Each Other Too ..... May Be One Day If I Am Wrong About Rene and Joellerose's Region And Affairs ..... And They At Any Point Guide ( Or Correct ) Me.
Ending Here And Sir, Don't Be Such A Strict Mentor.
Prayers For Your Aims, Life And Future And Especially Best Wishes For Your Studies.
at 19:52 on July 17th, 2008
Wow, I am touched by that comment "don't be such a strict mentor." Maybe I can be a little too hard pressed. I am just amazed that people can remain so misinformed and guided by "their" own view of the world. As a soldier I just understand that we need to be more aware of the world, instead of drawing a line and telling people to conform. I will take those words of wisdom. Thank you.
at 02:55 on May 18th, 2009
wondered what was the connection of Taliban with:
Karachi, Lahore, Islamabad ( Pakistan ) Stock Exchanges Crashed. Angry protestors broke windows and damaged banks and brokerage houses as country's Stock Exchanges hit their lowest.
Thanks
Raza