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Friday, June 8th, 2018

 

India, U.S. Japan Holding Joint Maritime Exercise Off Guam

Jun 8, 2018 — Indian and Japanese ships, aircraft and personnel have joined the U.S. Navy for a week-long maritime exercise Malabar 2018, which is being held offshore Guam for the first time in its 22 year history. The U.S. Navy is hosting forces from India and Japan for the annual exercise Malabar, June 7 through 16. Naval ships, aircraft and personnel convened Thursday in the Philippine Sea. Last year the Malabar Exercise (Indo-US bilateral exercise joined by Japan in 2007) was held in the Indian ocean off the easternRead More


Nawaz Transferred Avenfield Ownership to Children, Court Told

Jun 8, 2018 — Former prime minister Nawaz Sharif bought the Avenfield properties in London with embezzled money which is why he transferred the ownership to his children, remarked National Accountability Bureau (NAB) Deputy Prosecutor General Sardar Muzaffar Abbasi while presenting his concluding arguments on the reference case against Sharifs. The Avenfield reference pertaining to the Sharifs’ London properties is among three filed against the family by NAB last year on the Supreme Court’s directives. During the hearing on Friday in capital Islamabad, Abbasi said, “Nawaz claimed during one ofRead More


Pakistan Has Nothing to Lose From Break-Up With US: Ex-PM Shaukat Aziz

IRSHAD SALIM (Jun 8, 2018) — Whatever is going on right now between Pakistan and America in their relationship is like two neighbors not attending each other’s BBQ weekends on their backyard though sharing the same parking lot in the neighborhood cul-de-sac every day of the working week — not moving out. The fact that America is accusing Pakistan of sponsoring terrorist groups and maybe thinking of putting Pakistan temporarily on the terrorism-sponsor list, also cutting aid to Pakistan, all of that has the two “allies” on the edge, outguessingRead More


More Than Kalabagh, Water Usage And Abuse Need National Rethink

Jun 7, 2018 (BE2C2) — Pakistan has the world’s fourth-highest rate of water use. Its water intensity rate — the amount of water, in cubic meters used per unit of GDP is the world’s highest. This suggests that no country’s economy is more water-intensive than Pakistan’s. Household water consumption (like food consumption) in the country is also one of the highest in the region. Over the last 48 years, no new dams (small, medium or large) were built to support the water situation for various known and unknown reasons. WeRead More


Why Musharraf Is All Set to Make a Comeback After Eid Even If He Can’t Contest Polls

“Even if the SC’s verdict does not come in Musharraf’s favor, he will still return to the country and lead the party’s election campaign” Jun 7, 2018 (DESPARDES/PKONWEB) — Former President Pervez Musharraf is looking forward to making a comeback after Eid-ul-Fitr regardless of whether he contests or is allowed to contest in the July 25 elections. During a press conference prior to an Iftar dinner in capital Islamabad, the secretary general of Musharraf-led All Pakistan Muslim League (APML) Dr Mohammad Amjad announced that the former president has decided toRead More


Former PM, Balochistan Leader Mir Zafarullah Khan Jamali To Join PTI Along With Close Aides

Jun 7, 2018 (DESPARDES/PKONWEB) — In a huge blow to the ruling Pakistan Muslim League-Nawaz (PML-N) party, former prime minister and one of the most respected politicians from Balochistan Mir Zafarullah Khan Jamali is likely to join Imran Khan-led Pakistan Tehreek-e-Insaf (PTI). PTI’s Balochistan President Sardar Yar Muhammad Rind spoke with Jamali on Thursday. Rind congratulated Jamali on his work and contribution for Pakistan. Both party leaders are expected to meet soon. The former premier is likely to join Khan’s PTI with all his close aides including some electables fromRead More


Energy-Rich Qatar Goes From Crisis to Surplus

Jun 7, 2018 (BE2C2) — Recovering from political disputes, a $10 per barrel increase in the price of oil could add about 4 percent to GDP from gas-rich Qatar, Fitch Ratings reported. Qatar is the second-largest exporter of liquefied natural gas in the world, behind Australia. Last year, Moody’s Investors Service said regional disputes with Qatar were credit negative for all parties involved. Saudi Arabia last year led a coalition of Middle East countries in severing ties with Qatar, adding a layer of geopolitical risk to the global energy market.Read More