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September, 2018

 

Pakistan, Saudi Arabia Take Steps to Attain New Heights in Bilateral Relations, Delegation Arrives in Islamabad

SEP 30, 2018 (BE2C2 Report): A high-level Saudi delegation arrived in Islamabad Sunday to sign five important Memorandums of Understandings (MoUs) with the federal government. The development comes days after Ahmad Agil al Khateeb (Chairman Saudi Fund for Development), an adviser to Crown Prince Mohammad Bin Salman, visited the capital on September 27, raising the prospects of Pakistan not only avoiding a bailout package from the IMF but instead possibly getting a multibillion-dollar package from Saudi Arabia. Information Minister Fawad Chaudhry said the Saudi delegation includes petroleum minister, finance andRead More


Pakistan Women’s Cricket Squad Arrives in Dhaka For T20s, ODI

SEP 30, 2018: The Pakistan and Bangladesh women’s cricket teams will play four T20s and one ODI in Chittagong’s Cox’s Bazar from October 1 to October 8. The Pakistan squad arrived in Dhaka tonight via Dubai. The side led by Javeria Wadood will reach Cox’s Bazar tomorrow for the series. The 15-member PAKISTAN SQUAD includes: Javeria Wadood (captain), Bibi Nahida, Ayesha Zafar, Muneeba Ali Siddiqui, Sidra Amin, Omaima Sohail, Nida Rashid, Sidra Nawaz, Sana Mir, Nashra Sundhu, Anum Amin, Natalia Parvaiz, Aliya Riaz, Diana Baig, Aiman Anwar. The Pakistan teamRead More


Saudi Arabia Quietly Plans to Increase Oil Output By 500,000 Barrels Per Day

SEP 29, 2018 (BE2C2 Report): Saudi Arabia is poised to steadily increase production to compensate for the Iranian oil that will be subject to U.S. sanctions starting Nov. 5. Saudi Arabia hasn’t said anything publicly, and seemed to tow the OPEC line following Sunday’s meeting with other major oil producers. But Commerzbank said Friday that Saudi Arabia could pump another 500,000 barrels of crude oil per day. “Saudi Arabia apparently plans to quietly increase the oil supply in the short term to compensate for the shortfall in Iranian oil,” analystsRead More


Pakistanis Selling Properties On Throwaway Prices in UAE?

SEP 28, 2018: Around US$170 million (Rs20 billion) worth of properties owned by Pakistanis have been sold in UAE since June 2018. The property owners in the real estate investment capital of the Middle East have started selling their assets with minimal prices as the operation against illegal money has beefed up in the Emirates, particularly with the proactive implementation of FATF regime in the region, and the ensuing global CRS (Common Reporting System for Taxes). According to Inam Ghazali, an investment banker with several years of experience in theRead More


Why is Trump Accusing China of Mid-Term Election Interference?

SEP 28, 2018: Trump’s accusation that China is interfering in US mid-term elections has added yet more fuel to the fire of US-China relations. A report by Ryan Hass on the Brookings Institute website says there’s a growing possibility that leaders in Beijing and Washington may come to view each other no longer as acute competitors, but increasingly as implacable foes. In the United States, the sharpness of President Trump’s complaints that China is plundering American wealth have intensified while members of Congress have been ringing the alarm about China’sRead More


FM Qureshi Woos American Firms to Invest in Pakistan

SEP 26, 2018: Foreign Minister Shah Mahmood Qureshi addressed leading U.S corporations and investment firms at the Atlantic Council Think Tank in New York on Tuesday. The FM outlined PM Imran Khan’s vision of proactively working for peace in South Asia. Peace will induce internal stability to attract investment, the FM said at the gathering. The event was attended by senior leadership of major US companies such as Boeing, Procter and Gamble, GE, Uber, Motorola as well as a number of major global investment funds that collectively manage US$ 2,500Read More


UN Speech: Trump Rejects Globalism; Names ‘Good’ and ‘Not So Good’ Places

SEP 25, 2018: US President Donald Trump today spoke at the UN General Assembly in New York and mentioned good places according to him being: India, Saudi Arabia and Poland. Not Good places according to Trump were: Iran, friends of Iran, Nicaragua, Germany, China, OPEC countries, Syria, countries that don’t respect America. Places Trump did not name or speak about was Russia. Trump attacked the Iranian leadership, accusing it of sowing “chaos, death and destruction” across the Middle East and said the Iranian leaders “want to meet,” but he’s notRead More


Opposition Questions PM Khan’s Statement on Citizenship for Afghan, Bengali Refugees

SEP 25, 2018: Some lawmakers on Tuesday sought clarification on Prime Minister Imran Khan’s statement earlier this month regarding granting citizenship to people of Bengali and Afghan parentage who were born in Pakistan. The issue was raised jointly by opposition party PPP and one of the government allies, the Balochistan National Party (BNP), through a call to attention notice in the assembly session. Criticizing the statement, PPP’s Nafeesa Shah termed the premier’s statement “insensitive” and said that PM Khan had “failed to take the feelings of the locals” of KarachiRead More


Money Whitening Scheme on Property Purchases Documents Black Money Worth $1.9 Billion

SEP 25, 2018: A money whitening scheme allowed on property purchase has documented black money worth Rs230 billion (US$1.9 billion) till end of the last fiscal year ending June 30, 2018. The money has been whitened during December 2016 through June 2018. The government on December 02, 2016 through amendment by inserting a new section 236W to Income Tax Ordinance, 2001, had approved the immunity and allowed investments in immovable property to document their money at the rate of 3 percent. The declarer of concealed income was also granted immunityRead More


Pakistan Congratulates Maldives on Peaceful Presidential Election

SEP 24, 2018: Pakistan has congratulated the people of Maldives on the peaceful conclusion of its Presidential election. The foreign office spokesman Dr. Mohammad Faisal in a tweet said “Pakistan fully supports the democratic process in Maldives and will work with the new government to further enhance the partnership between the two countries.” Maldives President Abdulla Yameen on Monday conceded defeat in elections and said he would arrange a smooth transition for president-elect Ibrahim Mohamed Solih. “I have accepted the results from yesterday,” Yameen said in a televised address toRead More


Enemies Hatching Conspiracies, As Militarily They Can’t Defeat Us: CJP

SEP 22, 2018: Chief Justice of Pakistan Mian Saqib Nisar said on Saturday that enemies of the country are hatching conspiracies. “Our enemies can’t hurt us by using sheer force and [this is] making them resort to plotting conspiracies,” Justice Nisar said. Addressing lawyers at the district bar room in Chitral, he said efforts were needed to pay off the country’s burgeoning foreign debt, which has slowed down its economic development. The CJP said it was a matter of great concern that each Pakistani was in debt amounting to Rs170,000.Read More


Iran Blames Terrorists Trained By a ‘Foreign Regime’ For Military Parade Attack

SEP 22, 2018: Following a deadly attack on a military parade in southern Iran, the country’s foreign minister said that regional sponsors of terrorism and their “US masters” are to be held accountable for such assaults. Top Iranian diplomat Mohammad Javad Zarif vowed to respond “swiftly and decisively” after gunmen opened fire in southwestern city of Ahvaz on Saturday leading to multiple casualties — 8 according to media reports and included children and some media persons. The minister claimed that the terrorists were sponsored and trained by “a foreign regime.”Read More


Punjab Govt Shifts Hanif Abbasi to Attock After Adiala ‘VVIP Meeting Photo Leak’

SEP 22, 2018 (Updated): Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi was shifted from Rawalpindi’s Adiala jail to Attock jail on Saturday. The incarcerated PML-N leader was shifted to Attock jail on the directives of DIG Rawalpindi. The Punjab government on Thursday had constituted a two-member team to probe breaking of jail rules to let jailed Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi pay visit to incarcerated former prime minister Nawaz Sharif on the day of his release. Action was supposed to be taken following the presentation of findings inRead More


Why Sharifs Release On Bail Won’t Disturb the Sanity Restored to Pakistan Politics After Years

ASHA’AR REHMAN: The reactions to the release of Mian Nawaz Sharif and Maryam Nawaz, along with that of Capt Safdar, are bewildering to say the least. It was a foregone conclusion that the former prime minister and his daughter, who had been imprisoned while leading the resistance plank of the PML-N, would be bailed out. In the wake of their arrest, it was also deduced, on the authority of legal experts, that they would be freed in the not too distant future while the hearing of the cases against themRead More


We Want Equitable Relationship Based On Mutual Trust With US: Naval Chief

SEP 20, 2018: Pakistan seeks an equitable relationship with the United States based on mutual respect and the financial military assistance provided by the US to its non-Nato ally ‘is of secondary importance’. “We want a good relationship with the US based on mutual respect, an equitable relationship,” said Naval Chief Admiral Zafar Mahmood Abbasi while addressing American and Pakistani media members at an interactive session with the “South Asia Watchers” at the Pakistan embassy in Washington D.C. earlier this week. The Naval Chief is in the US to attendRead More


Saudi Arabia to Become Partner in CPEC, PM Imran Offers Same to UAE

SEP 20, 2018 (BE2C2): Minister for Information and Broadcasting Chaudhry Fawad Hussain on Thursday said Saudi Arabia would be the third partner in China Pakistan Economic Corridor (CPEC) and invest in projects in Pakistan. Addressing a press conference in capital Islamabad, he said Pakistan had invited Saudi Arabia to join CPEC and both the countries would strengthen their strategic partnership by cooperating in areas of trade, economy and security. He said a high level Coordination Committee of Pakistan and Saudi Arabia had been formed, adding two high powered Saudi ArabianRead More


China Says Military Ties ‘Backbone’ to Relations With Pakistan

SEP 19, 2018: Military ties between China and Pakistan are the “backbone” of relations between the two countries, a senior Chinese general told visiting army chief General Qamar Javed Bajwa. Gen. Bajwa is on his first visit to ally China since the new government of Prime Minister Imran Khan took office in August, and comes a week or so after a senior Chinese diplomat visited Islamabad. During the visit, Foreign Minister Wang Yi met with top leadership of the country: President Dr Arif Alvi and Prime Minister Imran Khan, NationalRead More


Bob Woodward´s Trump Book ‘Fear’ Sells 1.1 Million Copies in First Week

“Fear” is currently in its 10th reprint, according to Simon & Schuster, which will bring the total number of sales to 1.2 million SEP 19, 2018: Investigative journalist Bob Woodward´s incendiary “Fear: Trump in the White House” has become the fastest selling book in Simon and Schuster´s 94-year history, the publisher said Tuesday, shifting 1.1 million copies in its first week. The tell-all account of the inner workings of US President Donald Trump´s administration sold a staggering 900,000 on its September 11 release day, according to the company´s figures, whichRead More


Pakistan Flags Adorn Jeddah Roads as PM Khan Visit Kingdom -His First Trip Abroad

SEP 18, 2018: In his first trip abroad after being sworn-in as the Prime Minister, Imran Khan is on a two-day state visit to Saudi Arabia at the invitation of King Salman and Crown Prince Mohammad Bin Salman. Pakistan flags were displayed on Jeddah roads as Khan Sahib and his high powered delegation landed in the kingdom today (Tuesday). He is accompanied by key ministers: Shah Mehmood Qureshi, minister for foreign affairs; Asad Umar, minister for finance; Fawad Chaudhry, minister for Information, and adviser to the PM on commerce Mr.Read More


UK Crime Agency Arrests Politically Exposed Pakistani and Wife Over Alleged Money Laundering

SEP 17, 2018: The United Kingdom’s National Crime Agency on Monday announced it has “arrested a former Pakistani politically exposed person”, aged 40, along with his 30-year-old wife, “in connection with alleged money laundering in the United Kingdom believed to be the result of corruption in Pakistan”. According to a statement issued by the UK’s agency, the couple, who were arrested in Surrey [county in southeastern England], “control a UK property portfolio worth more than £8 million for which they appear to have no legitimate source of income”. The investigationRead More