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October, 2018

 

Aasia Bibi Verdict: PM Khan Leads From the Front, Warns Agents of Chaos: ‘Don’t Clash With the State’

“Whoever is found involved in instigating a chaos in the name of Islam will be dealt with the law of the land”: PM Khan “We cannot run the country from the streets. We can [only] run this country according to the Constitution and law”: PPP leader Bilawal Bhutto ISLAMABAD, Oct 31, 2018: A day before embarking on his first historical visit (5-day) to China, Pakistan’s all-weather friend and long term ally, PM Imran Khan addressed the nation through a video message and delivered a strong and defiant rebuke to religiousRead More


These Paintings, Video and a Viral Pic Tell-Tale Kashmir Unvarnished

IRSHAD SALIM, (Islamabad,; Oct 31, 2018): Poignant artworks by Pakistani children on Kashmir went on display at the embassy in Riyadh –a first such expose  on the occasion of Black Day October 27th –depicting a kaleidoscopic expression of form, color and substance of a human event undergoing generational metamorphism for the last 70 years and counting. The Pakistani embassy in Washington also held an exhibition on the Kashmir struggle the same day. Both Pakistani missions abroad considered two most important stations of the country on its diplomatic front had organizedRead More


‘Halal Coins Only’: First Islamic Cryptocurrency Exchange Being Launched

BE2C2 Report; Oct 30, 2018: UAE based ADAB Solutions is planning to launch the First Islamic Crypto Exchange (FICE) which will be operating “according to the principles of Shariah law.” The company said it is expecting to reach $146 million daily trading and $4.4 billion monthly turnover by 2020. The Shariah compliant crypto project hasn’t been launched yet but it has already gotten the attention of the global crypto community. The company expects to attract around 730,000 people after the launch of the project in 2019. The team plans toRead More


Trump Wants to End Birthright Citizenship for Babies Born in US to Non-Citizens

NEW YORK; Oct 30, 2018: President Donald Trump says he wants to use an executive order to strip birthright citizenship from America’s laws, rather than trying to change the Constitution through an act of Congress. The Order which Trump says he may sign off on, would strip the constitutional right to citizenship for babies of non-citizens and unauthorized immigrants born in the United States. Estimates show over 13m to 13.5m non-citizens and illegal immigrants in the US as of 2015. “It was always told to me that you needed aRead More


School principal in Peshawar handed 105 years in prison for child abuse, rape

ISLAMABAD; Oct 30, 2018: A lower court in Peshawar on Tuesday handed a total of 105 years in prison to a private school principal on charges of child abuse, pornography, rape, blackmail and maintaining illicit relations. The convict, Attaullah Marwat, was also slapped with Rs1.4 million fine in addition to the jail terms. The accused, who is the also the private school’s owner, was arrested after the Hayatabad police station in Khyber Pakhtunkhwa registered a case against him in summer of 2017, on the complaint of a boy student, whoRead More


China’s Grand Plan At Work To Bypass Strait of Malacca, South China Sea For Oil and Trade

IRSHAD SALIM; Oct 29, 2018: On September 9, Beijing signed a memorandum of understanding (MOU) with Myanmar’s government to establish the China-Myanmar Economic Corridor (CMEC) under its ambitious Belt and Road initiative (BRI) whose flagship project underway in Pakistan is called the the China-Pakistan Economic Corridor (CPEC). Both projects which are being led from the Chinese side by its National Development and Reform Commission will provide the top global importer of oil alternate routes bypassing the Strait of Malacca–a 500-mile long narrow passageway southeast of the South China Sea, whereRead More


Trump Declines Modi Invitation to Be Guest of Honor at Republic Day

Oct 29, 2018: President Donald Trump has declined India’s invitation to be the guest of honor at the country’s Republic Day parade, citing clash of dates with his State of the Union address. Republic Day which commemorates India’s constitution coming into effect in 1950, is on January 26, 2019. The Trump administration said the US President has declined because he has to deliver his state of the union address on the same day. However, former President Barrack Obama postponed the SOTU address due to a clash between the dates andRead More


UPDATES On Indonesia’s Lion Air Boeing 737 Passenger Plane That Crashed With 189 People On Board

  UPDATE: Lion Air Flight JT610 was flying from Jakarta to the city of Pangkal Pinang, and crashed into the Java Sea after the pilot asked to turn around, officials said reports NY Times; No signal was received from emergency locator, officials told Reuters; Lion Air took delivery of the Boeing 737 MAX 8 aircraft on Aug 13 this year, reports ChannelNews Asia; Had only about 800 flight hours. UPDATE: Boeing said in a tweet that it was aware of reports of an airplane accident and it was “closely monitoring”Read More


Pakistan, Russia Teaming Up for Asian Bloc or Asian Union

It is now established fact that Pakistan and Russia are on same page on multiple global issues. They need to open up more avenues of cooperation to make a difference YASIR HABIB KHAN: Amid fast-changing geoeconomic and geostrategic alignments, Pakistan and Russia, once Cold War arch enemies are laying down foundation of friendship showcasing a new world map where democracy and socialism will not only be surviving side by side but also complementing each other. This hard reality may become instrumental in modifying the world order from unipolarism to multipolarism.Read More


China to Give Pakistan ‘Grant’ as UAE Mulls $6B Aid Package ‘Similar’ to Saudi

ISLAMABAD; Oct 28, 2018: China plans to provide an unspecified financial “grant” to Prime Minister Imran Khan’s nascent government while the United Arab Emirates is actively considering his government’s request for a fiscal relief package of up to $6 billion to help the country deal with a looming balance-of-payments crisis, reports VOA citing Chinese and Pakistani officials. News report of the anticipated financial aid from China and UAE comes days after PM Khan secured more than $12 billion in financial support from the country’s close ally, Saudi Arabia for aRead More


Social Media Platform ‘GAB’ Blamed for Pittsburgh Synagogue Mass Shooting

Gab, called “Twitter for racists”, blamed for synagogue shooting, kicked off PayPal NEW YORK; Oct 27, 2018: Gab, a mostly conservative social media platform used by the Pittsburgh synagogue shooter, is being blamed for enabling the mass killing of Jewish Americans. The suspect was active on the right-wing Twitter and Facebook alternative that is a refuge for anti-semites, white nationalists, neo-Nazis and and other “alt-right” figures. The alleged gunman who reportedly shouted “all Jews must die” before opening fire in the Tree of Life synagogue appears to have regularly postedRead More


Surge and a New Normal in Kashmir Movement Making It ‘Freedom-Pregnant’

IRSHAD SALIM; Oct 27, 2018: Black Day is being observed in Kashmir today under a new normal: While Indian-administered Kashmir has experienced waves of protests in the past—in the late 1980s to early 1990s, 2008 and 2010—this current round of protests involve more people than the past, and the profile of protesters has also shifted to include more young, middle-class Kashmiris, including females who do not appear to have been participating in the past. The generational change comes despite the presence of 700,000 Indian troops in the valley, which wouldRead More


Two-Thirds Pakistanis Approve of Chief Justice Saqib Nisar’s Performance: Poll

ISLAMABAD, Oct 26, 2018: Two-thirds Pakistanis approve of Supreme Court Chief Justice Saqib Nisar’s performance A survey by Gallup & Gilani Pakistan found that 32 per cent Pakistanis think Chief Justice’s performance during the past one year very good; 25 percent said his performance was good and 11 percent called it appropriate. A nationally representative sample of men and women from across the country was asked: “What is your opinion about CJP Nisar’s performance in the last year?” In response to the question,  14 per cent said CJP’s performance wasRead More


Sense and Sensibility Behind PM Khan’s Trip to Saudi Arabia, China

IRSHAD SALIM; Oct 25, 2018: Prime Minister Imran Khan aims inclusion of his ‘Naya Pakistan’ grand housing  initiative in the China Pakistan Economic Corridor (CPEC) framework, and build five million affordable homes for the middle and low-income during the next five years,  a task that seems doable to some and impossible to others. If PM Khan can succeed on this strategy, it could become a game-changer socio-economically for the country and its “left-behind” populace, provided all the T’s are slashed and the I’s are dotted with transparency and in aRead More


Dearth of Economic, Financial Experts in Finance Ministry Irks PM Khan

ISLAMABAD; Oct 25, 2018: The Ministry of Finance (MoF) usually deals with subjects pertaining to the finance of the government and financial matters affecting the country’s economy as a whole. Ironically, the said ministry in Pakistan lacks qualified and skilled experts necessary to handle economic and matters affecting financial sector’s activities in the country, it has emerged. According to a reliable source in the ministry cited by the Pakistan Today newspaper, Prime Minister Imran Khan, during a recent meeting, was surprised to know that the ministry had no macroeconomic expert(s).Read More


Russia Aims to Double Its Global LNG Market Share By 2025

ISLAMABAD; Oct 25, 2018: Russia seeks to double its liquefied natural gas (LNG) export market share in less than a decade. While Russia tops the list of countries having huge natural gas reserves, it produced less LNG than what the United States did in 2016. Also, Russia’s share in the LNG global export market was about 6 percent in 2017. Qatar led the pack as major exporter of LNG. Sanctions-hit Russia now aims to produce more LNG with installation of new facilities, and increase its LNG export as demand for LNGRead More


Govt Allows Non-Filer Overseas Pakistanis to Purchase Property

ISLAMABAD; Oct 25, 2018: The government has removed the condition of being a tax-filer for overseas Pakistanis to purchase properties in the country and individuals acquiring properties through inheritance. The decision was taken to alleviate hardships faced by non-resident individuals investing in the real estate sector. The condition which was imposed by previous government increased challenges for overseas Pakistanis. The decision issued via a circular on Wednesday reveals that restriction on purchase/transfer of property having value exceeding Rs5 million by non-filers will also not apply to legal heirs acquiring propertyRead More


Israel Receives $777M Contract From India to Supply Missile Defense System For Naval Ships

ISLAMABAD; Oct 24, 2018: Israel’s prime aerospace and aviation manufacturer, the Israel Aerospace Industries (IAI), announced Wednesday it has received a $777 million contract from India to supply long range surface-to-air missile (LRSAM) defense systems for seven of its naval ships. Indian state-owned company Bharat Electronics Limited inked the deal with IAI, according to UPI. This latest deal comes a year after IAI signed a $2 billion to supply India’s army and navy with missile defense systems, followed by a $630 million contract to provide Barak-8 surface-to-air missile systems toRead More


Govt Okays Sale of JF-17 Fighter Aircraft to Nigerian Air Force for $184m

ISLAMABAD; Oct 24, 2018: The Economic Coordination Committee (ECC) of the Cabinet has approved sale of three JF-17 aircraft to Nigeria for a sum of $184.3 million against issuance of a certificate of sovereign guarantee rather than sovereign bank guarantee which the Nigerian government has accepted. The Ministry of Defense Production informed the ECC that the Pakistan Aeronautical Complex (PAC) Kamra had signed a contract for the sale of three JF-17 aircraft and associated package to Nigerian Air Force. According to the contract, PAC Kamra shall present the sovereign bankRead More


Rupee Improves Against US Dollar, Stocks Jump to Almost 1600 Points

ISLAMABAD; Oct 23, 2018 (Updated): The US dollar showed downward trend by Rs1.92 against Pakistani rupee in interbank market on Wednesday. Due to decline in US dollar rate, it is being traded at Rs132 — the buying price is Rs131, whereas it is being sold at Rs133. The turn down in US dollar rate has eventually lowered down the national debt by approx Rs180 billion. The Pakistan Stock Exchange gained tremendously on Wednesday, as its benchmark KSE-100 index jumped up  by 1,556 points to reach 39,271 points by close ofRead More