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Friday, July 21st, 2017


British High Commissioner addresses Oxford and Cambridge Trust

ISLAMABAD, JUL 21 (DNA) – Thomas Drew CMG, the British High Commissioner, addressed the Oxford and Cambridge Trust in Islamabad. The High Commissioner talked about the closeness of the UK-Pakistan relationship as we approach the 70th anniversary of the birth of Pakistan. He addressed the closeness of the relationship – including the key role British people of Pakistani descent play in UK life – but also the opportunity for greater trade, more regional connections and the UK investment in education in Pakistan. Thomas Drew, the British High Commissioner, said: “ThreeRead More

US won’t pay Pakistan military reimbursements this year: Pentagon

WASHINGTON, JUL 21 (DNA) -The Pentagon will not make the remaining military reimbursements to Pakistan for fiscal year 2016 after US Defence Secretary Jim Mattis Rtold Congress that Islamabad had not taken sufficient action against the Haqqani Network, a US official said on Friday. “The funds could not be released to the Government of Pakistan at this time because the secretary could not certify that Pakistan has taken sufficient action against the Haqqani Network per the requirement in the FY 2016 National Defence Authorization Act,” Adam Stump, a Pentagon spokesman,Read More

Indian Army targets civilians in various areas of Lipa sector

MANDAL, JUL 21 (DNA) – Indian CFVs continue despite facing loses of men and material inflicted by Pak Army’s response. Indian Army today targeted innocent civilians in Gheekot and Mandal villages of Lipa sector where civilians were preparing for Jumma prayers. One young boy shaheed four civilians injured. Pak Army effectively responded killing 3 Indian soldiers, injuring many. 3 Indian posts destroyed. Pakistan Army stands by its innocent civil population and would continue to respond befittingly.

Canada’s bond market signals inflation shortfall

TORONTO, JUL 21 (DNA) – Canada’s bond market is signaling the Bank of Canada will not reach its 2 percent inflation target anytime soon, suggesting the central bank is unlikely to pull off more than one more rate hike even as money markets see further tightening into 2018. Economists expect the Bank of Canada to raise its policy rate again in October after having hiked it last week to 0.75 percent, the first increase since 2010. A second increase this year, likely to 1 percent, would erase a pair ofRead More

Nisar-PML-N rift: Interior minister schedules media talk for Sunday

ISLAMABAD, JUL 21 (DNA) – Interior Minister Chaudhry Nisar Ali Khan has reportedly scheduled a media talk for Sunday where he will exchange thoughts over the ongoing political unrest in Islamabad. Nisar will arrive at Punjab House on Sunday 5pm and hold a press conference which is a significant development after the reports of rift between him and Pakistan Muslim League-Nawaz (PML-N) senior leadership. Interior minister’s spokesperson confirmed the Sunday media talk. He had earlier clarified the reports of dispute between Prime Minister Nawaz Sharif and Nisar. It should beRead More

Govt removes Zafar Hijazi from SECP Chairman post after arrest

ISLAMABAD, JUL 21 (DNA) – The federal government has issued the termination notification of Securities & Exchange Commission of Pakistan (SECP) Zafar Hijazi after Federal Investigation Agency (FIA) officials arrested him in record tempering case. The arrest was made after Hijazi appeared before the Islamabad special court of judge Malik Tahir Mahmood on Friday in an attempt to extend his pre-arrest bail. The verdict rejected Hijazi’s plea despite his counsel’s arguments that the client was being victimized and shouldn’t be jailed due to ailment. Joint investigation team (JIT) for PanamaRead More