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US freezes assets of four Pakistanis for helping Taliban, al-Qaeda
WASHINGTON: The US
Treasury on Wednesday froze the assets of four people it said helped
carry out terrorist attacks and provided support to al-Qaeda and
another militant group in Pakistan. The Treasury said it would
freeze the funds and assets Fazeel-A-Tul Shaykh Abu Mohammed Ameen
Al-Peshawari, Arif Qasmani, Mohammed Yahya Mujahid and Nasir Javaid.
"The designated individuals have provided direct support to al-Qaeda
and Lashkar-e-Taiba (LeT) and have facilitated ... terrorist
attacks, including the July 2006 train bombing in Mumbai,
India," the department said in a statement.
The United States named LeT a foreign terrorist organisation in
December 2001. It was banned in Pakistan in 2002. |
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City News |
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FBR to establish facilitation cells in Frontier
PESHAWAR: The
Federal Board of Revenue (FBR) will establish "Facilitation
Cells" in various parts of Frontier for speedy solution of tax
problems faced by the business community. An eight-member
delegation of Sarhad Chamber of Commerce and Industry led by its
president, Sharafat Ali Mubarik called on Shaukat Tarinl, PM’s
advisor on finance, and discussed problems being faced by the
traders' and businessmen of the province. The delegation
informed that due to the military action against the terrorists,
the business including industry, imports and exports were badly
affected. Similarly, they said that the IDPs issue has also
aggravated the economic woes of the province. |
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| National
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Taliban command, control system
demolished: Hoti
MARDAN: Former
federal minister Muhammad Azam Khan Hoti has said that Taliban
leading command and control system has been rooted out
completely.
He expressed
these views in a meeting held with press club members here
Wednesday. He said that Malakand operation was running
successfully and has achieved most of its targets.
He said that
middle command, control system of Taliban had been rendered
haywire and now Taliban representative Muslim Khan is trying to
unite and boost up some of remaining leadership.
Hoti claimed that all the sources of aid to
Taliban had been blocked and Taliban spokesman is only
broadcasting malafide information through media. |
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| International
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US seeks European funds, troops for Afghanistan
BERLIN: Europe
must commit more funds and troops to stabilise Afghanistan after
the August presidential elections, the US envoy to NATO Ivo
Daalder said Wednesday.
"The US is doing
its part -- Europe and Germany can and should do more," Daalder told a conference on transatlantic
relations in Berlin.
"Additional troops (sent to Afghanistan to provide security
during the elections) must stay after the elections." Daalder
said the United States estimated 17 billion dollars was needed
to train and equip the Afghan army and two billion dollars per
year to sustain it. "There is no way Afghanistan can pay for its
force," he said, noting that the Afghan government had taken in
about 750 million dollars in revenues last year. |
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| Sports
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PCB satisfied with SLanka security cover
Karachi:
The Pakistan Cricket Board (PCB) has given the green signal to
the security arrangements being made for the safety of its
cricketers in Sri Lanka.
Ijaz Butt, the PCB chairman, said Wednesday that he was
personally satisfied with the security cover being offered to
the national team which begins its 45-day tour of Sri Lanka June
29. Butt said he has also received a positive report from the
team manager about the security arrangements being made by the
Sri Lankans to ensure that the Pakistani players are safe in
their country. Butt said he will personally review the security
arrangements when he visits Sri Lanka from July 3 to see the
opening Test starting at Galle from July 4. |
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| Business
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Stocks see foreign buying in June, Credit Suisse says
KARACHI: Pakistan
stocks lured overseas investors in June for the first time in
more than a year amid an improving economic outlook and the
cheapest valuations in Asia, Credit Suisse Group said.
Foreigners bought a net $42 million of
Pakistan
stocks last month, the first time buying exceeded selling since
April 2008, Credit Suisse analyst Farid Khan said in a report
today. Funds may have returned after MSCI Inc. added the
nation’s equities to its frontier-market index with effect from
May 29, he added.
Pakistan’s
benchmark Karachi Stock Exchange 100 Index rose 4.4 percent last
quarter, the smallest gain in Asia and the ninth-worst performer among 85 indexes tracked by
Bloomberg globally. It lagged behind a global emerging-market
rally as the army clashed with militants in an offensive that
began in April. |
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