abhijitm wrote:Where is Shiv these days? Don't see him posting here any more.
Departed for greener pastures.
If anyone knows where else he is active, pliss to inform onlee.
NUSA DUA: Pakistan has not yet formally approached the International Monetary Fund for financial assistance, but if bailout talks get underway this week, the goal will be to help Pakistan reach its full potential, the IMF’s chief economist said on Tuesday.Addressing a news conference at the IMF and World Bank annual meetings in Bali, the IMF’s Maurice Obstfeld cautioned that increased Chinese involvement in Pakistan’s economy could bring both benefits and risks.
Prime Minister Imran Khan had earlier sought alternatives to a second bailout programme in five years from the IMF as it impose austerity and limit his vision of an Islamic
welfareFarewell state. ( on the lines of Kaffir Sweden or Norway !)
“The government has expressed its desires to enact deep structural reforms ( military is exempted !) that might break the cycle of Pakistan needing financial support from the Fund,” he said.
How dare the IMF "interfere" in the sover virginity of Pakiland !Pakistan needs more infrastructure development, Obstfeld added, and the country could benefit from China’s role in supporting its project financing.But China’s involvement could also bring potential risks, he said. ( A polite way of saying that the Pakis have been "taken for a ride by the "shrewd" Chinis !) “It is important that the design of the projects... be solid and excessive debts which cannot be repaid are avoided,” the IMF chief economist said.
Islamabad has cut the size of the biggest Chinese “Silk Road” project in Pakistan, a reconstruction of the main rail line between the port city of Karachi and Peshawar in the northwest by $2 billion, citing government concerns about the country’s debt levels.The changes are part of Islamabad’s efforts to rethink key Belt and Road Initiative projects in Pakistan, to which China has pledged about $60bn in financing.
In July, US Secretary of State Mike Pompeo said there was “no rationale” for an IMF bailout of Pakistan that pays off Chinese loans to Pakistan.Chinese officials have rejected criticism that the so-called China-Pakistan Economic Corridor projects have burdened Pakistan with unsustainable debts. Instead, the Chinese maintain, they have boosted the country’s economic growth and provided 70,000 jobs.
Thank Allah that at least the concept of religious police aka vice squad aka muṭawwi has not been implemented in Pakiland like in Iran, Saudia and Qatar !The Karachi police chief has discouraged cops from harassing couples and asking them to prove that they are married.In a notification dated Oct 9 newly appointed Additional Inspector General of Police Amir Sheikh noted: "There is a general complaint that policemen in mobiles and motorcycles harass and humiliate couples by asking them to show 'nikahnama' to prove their credentials as husband and wife."
The Police have to tread carefully. Recently in LaWhore someone was stopped off for same reason - young Abdul and an Ayesha .Turned out that the young Abdul was powerful and politically connected . The Policeman had to eat crow. The sifarish factor is very very important in Pakistan . One law for sifarish people, another for the Aam Abduls without sifarish"You are hereby directed to issue strict instructions to the subordinate staff not to demand 'nikahnama' from any person. In future, such complaints shall not be tolerated and action against supervising officers will also be initiated," the notification added.
But even sharab is prohibited by law, but that does not stop the momeens from imbibing . Same goes for gambling . And hawala transactions of course are hard to trace. They disappear in the airISLAMABAD: The Asia Pacific Group (APG) on Financial Action Task Force (FATF) has asked Pakistan for tracking down all financial transaction ranging from 3000 to 15,000 US dollars/Euro in cash through real estate agents, dealers in precious metals and stones, lawyers, notaries, other independent legal professional and accountants as well as trust and companies services in a bid to curb money laundering and terror financing. In the basic recommendations of FATF, it made it binding to comply with condition related to Casino where customers engage in financial transactions equal or above USD/Euro 3,000, however, Pakistani team informed the visiting team it was not applicable in case of Pakistan as Casino/gambling is prohibited by law to operate in the country.
The Deep State transactions and the D gang transactions will of course be "untouchable" as are the defense expenditure when it comes to IMF Loans !Official sources told The News on Tuesday that now it was made mandatory for other service providers to report Currency Transaction Reports (CTRs) to Financial Monitoring Unit (FMU) so that the money laundering and terror financing could be tracked effectively.
Black List looming in the horizonThe visiting APG team of FATF here in Islamabad is currently evaluating Pakistan’s progress on many issues from Oct 8 to 19 including Designated Non- Financial Businesses and Professions (DNFBPs) customers in terms of due diligence mechanism under which the Federal Board of Revenue (FBR) was basically assigned to prepare rules for DNFBPs for covering FATF requirements including conducting cusomers due diligence, record keeping, internal controls, higher risk countries and reporting of suspicious transactions.
The FBR is in the process of finalisation of rules for implementing regulation made by Financial Monitoring Unit (FMU). For Real Estate Agents, when they are engaged in transaction for client concerning the buying and selling of real estate. The dealers in precious metals and stones who are engaged in any cash transactions with a customer equal or above to USD/Euro 15,000.
Doubt that the infrastructure exists in Pakiland for implementing these stringent measures, prescribed by FATF !The lawyers, notaries, other independent legal professionals and accountants when they prepare for or carry out transactions for their clients related to buying and selling of real estate; managing of client money, securities or other assets; management of bank, savings or securities accounts; organization of contribution for creation, operation or management of companies and creation, operation or management of legal persons or organizations buying and selling of business entities. Trust and company service providers when they prepare for carry out transactions related to acting as a formation agent of legal persons, acting as director or Secretary of a company, a partner of partnership or a similar position in relation to other legal persons; acting as trustee of an express trust or performing the equivalent for another person as a nominee shareholder for another person.
Then there is the sifarish factor. If you are important enough, the rules can be bent in your favour !The Anti-Money Laundering (AML) ACT 2010 defined NFBPs in section 2(m) of AML Act 2010 that includes real estate agents, jewelers, dealers in precious metals, lawyers, notaries and other professionals such as accountants, trust and company service providers while 2(u) makes NFBP as reporting entity for reporting of Suspicious Transaction Reporters (STRs) and Currency Transaction Reporters (CTRs) to FMU.
Under section 7(7) of AML Act 2010 makes it mandatory that every reporting entity shall in accordance with the regulation issued by relevant regulatory authority will conduct customers due diligence and maintain record of transactions, account files and documents obtained through such diligence. The Institute of Chartered Accountants Pakistan (ICAP) issued a circular in February 2018 specifying the obligation upon professional accountants for combating money laundering and terror financing. The DNFBP should be required to comply with the reliance on third party requirements set out in recommendations given by FATF.
The army's media wing on Wednesday announced that Lt Gen Asim Munir has been appointed the new director general (DG) of the Inter-Services Intelligence (ISI).Following reports that former DG ISI Lt Gen Naveed Mukhtar would be retiring, various sections of the media speculated that Lt Gen Munir was next in line for the post.The Pakistan Army had in September approved the promotion of Munir and five other major generals to the rank of Lt Gen.
Lt Gen Munir's previous appointment was as DG Military Intelligence. He received a Hilal-i-Imtiaz in March 2018.
ISLAMABAD: The Supreme Court (SC) on Tuesday rejected an intra-court appeal of Pakistan Muslim League-N (PML-N) leader and former state minister for interior affairs, Talal Chaudhry, against his conviction in a contempt case for making contemptuous speeches last year.
The CJP recalled that Talal kept on addressing former premier Nawaz Sharif in his speech and even he did not stop him from the contempt of court. The CJP, while admonishing Talal, said: “Should I summon Mian Sahib whom you kept addressing in your speech. Call Mian Sahib, so he can throw out the PCO judges. Can he throw us? "Which idol had you talked about throwing out of court?” the CJP further questioned.
JHANG – Police have arrested a teacher for sexually harassing a student and making her video in Toba Tek Singh. According to the police, Anwar-ul-Qamar, a school teacher, sexually harassed a 13-year-old girl and shot a video two months ago. Following the incident, Qamar lost his mobile phone and the person who got hold of the device uploaded the video on social media.Minister of Human Rights Shireen Mazari took to Twitter, after the video went viral on social media, stating that the accused has been arrested by Jhang police.The incident happened in Toba Tek Singh and that Qamar has confessed to his crime before the Jhang police, Mazari added.Qamar was handed over to the police in Punjab’s central district where an FIR in the case was registered at Pir Mahal police station and further investigations are underway.
ISLAMABAD – Customs officials at Islamabad International Airport on Tuesday night caught a woman smuggling 20 smartphones worth more than Rs3 million in Pakistan
Stopping a single woman to get her luggage checked is a "delicate" matter in Islamic PakistanAccording to customs officials, the woman was traveling from a foreign airline and attempted to leave the green channel without having her luggage checked upon landing.Suspecting the behaviour of the woman, customs officials searched the luggage of the woman and confiscated at least 20 iPhone XS and XS Max.
So, this was not "random". It was organized smuggling !According to the customs official, the Sindh House protocol officer Abdul Rehman had come to the airport to receive the woman. “A letter has been written to the department concerned regarding cancellation of Mr. Rahman’s protocol card,” the official added.
Islamabad Airport made headlines yesterday when a passenger boarding bridge collapsed; the incident happened when passengers were boarding an airplane of a foreign airline, using the bridge. However, the plane parked near the bridge remained safe.
Falijee wrote:"Stern Orders" From The FATF !
FATF recommendations: Pakistan told to track transactions of $3,000 and above
Some Pakis have speculated that "Dam building" also helps the CJP in his retirement fundISLAMABAD – British-Pakistani businessman Aneel Musarrat, who is advising Prime Minister Imran Khan on his project of providing five million homes to the public, has met Chief Justice of Pakistan Mian Saqib Nisar.During the meeting, Musarrat also invited the country’s top judge to an event going to be held in the United Kingdom on November 23 to raise funds for the dams.
Other media reports have speculated that Nisar wants a Chief Legal Officer job in the Islamic Coalition ! ( like fellow LaWhori Raheel )The dam fund was initiated by the Supreme Court (SC) to construct Diamer-Bhasha and Mohmand dams to fight water scarcity in the country.Chief Justice of Pakistan (CJP) Mian Saqib Nisar had said that construction of new dams is critical for its survival, promising that he would continue his efforts for the purpose even after his retirement.
The fund witnessed a boost after the recent speech of Prime Minister Imran Khan, who urged the nation to donate generously for the construction of Diamer-Bhasha and Mohmand dams. In a televised address to the nation on September 7, Prime Minister Imran Khan made an impassioned appeal to all Pakistanis, particularly overseas diaspora to generously donate funds to help the Country build dams.So far, the Supreme Court of Pakistan and the Prime Minister of Pakistan Diamer-Bhasha and Mohmand Dams Fundhas received just nearly Rs4.693 billion.
The Pakistan Stock Exchange (PSX) issued a notice on Wednesday announcing that it had placed Pakistan International Airlines (PIA) on its defaulters' segment.
According to the notice, the national flag carrier was placed on the list for failure to hold an annual meeting and submit a statement of audited accounts for the year ending Dec 2017.According to the notice, if a company fails to hold an annual general meeting or submit a statement of audited accounts for two consecutive years, "trading in shares of the company shall be suspended immediately by the Exchange".
It added that the company could be given 90-days to resolve "non-compliance" after which further action could be taken.
Speaking to DawnNews TV, PIA spokesman Mashood Tajwar said that the company had not provided the account details for one year, not two years, and they were attempting to rectify the matter as soon possible.He added that an annual general meeting would be called very soon.
He said the previous governments had taken loans recklessly, which has resulted in the country's debt ballooning from Rs6 trillion to Rs30 trillion in the past 10 years alone.
He said the previous PML-N government had started its term with a $3 billion current account deficit, but the 40-day-old Pakistan Tehreek-i-Insaf (PTI) government inherited an $18bn current account deficit.
He reiterated that the government is seeking funds from external sources only for the short term, ( Bullshit !) as the economic reforms and austerity measures initiated by his government "will take six months to show results".
We are cash based currently, as that is a choice dictated by our target demographic. There are only about 1.3 million credit card users throughout Pakistan and they do not form our core market. We are planning to introduce debit card support, which should be functional by the end of this year.
Falijee Ji :PIA placed on PSX defaulter segment
Dawn - Oct 10, 2018
Peregrine wrote:Falijee Ji :PIA placed on PSX defaulter segment
Dawn - Oct 10, 2018
As pel stlong instluction flom Chinese Mastels!
Pity Pakistan. In recent weeks it has suffered one of its worst ever terrorist attacks, with 149 people blown to bits. The rupee is crashing as the economy teeters on the brink of a debt crisis. And the country has been put on an international financial watchlist because of its failure to take action against terrorists.
Worst of all, Imran Khan is about to become the country’s next prime minister.For readers with only a passing interest in this turbulent country, Khan’s likely victory in Wednesday’s general elections may seem like no bad thing. In the UK he is presumed to be a good’un: a glamorous, anglophile cricket-star playboy who talks a good game about fighting corruption. His politics are presumed to be as liberal as his private life.
In order to maintain his so -called Islamic credentials , he refused to invite his two sons to his inauguration ceremony !So, Prime Minister Imran could come as quite a shock for many people.For one thing, he’s no liberal. In fact, he spits out the word “liberal” as an insult, often combining it with the word “fascist” to describe those Pakistanis who think there should be a zero-tolerance policy towards the Pakistani Taliban, one of the most indiscriminately lethal terrorist groups in the world. Khan is the group’s highest profile apologist. At the peak of the Taliban’s terror campaign in 2014 Khan was pleading for them, saying they were “confused”. He thought the Taliban should be given an office in Peshawar from where they could parlay with the government. He bitterly opposed a military confrontation with the group, saying it would only fuel more violence.
As things turned out, Khan was wrong and the liberal fascists were right. After much foot dragging, largely caused by Khan’s noisy opposition, the army finally assaulted North Waziristan. The rate of Taliban violence fell precipitously.He is still sucking up to extremists. The provincial government of Khyber Pakhtunkhwa controlled by his party, the Pakistan Tehreek-e-Insaf (PTI), has funnelled taxpayer cash to the madrassa run by Sami-ul-Huq, an infamous extremist cleric known as the “father of the Taliban” because he taught so many militant leaders. Khan describes the insurgency against the elected, internationally-recognised government in Kabul as a legitimate “resistance”.
His new wife is a Barelvi Pir !More recently Khan has been pandering to the country’s Barelvis, the community once regarded as benign Sufis but which have become murderously radicalised in recent years over the subject of “blasphemy”. A particular Barelvi obsession is the Muslim Ahmadiyya Community, a tiny sect they regard as heretics. But anti-Ahmadi bigotry is popular. Khan has gone out of his way to emphasise his support for the laws that criminalise Ahmadis for following their religion as they wish.
If Khan’s thoughts on extremism and militancy are dangerous, his solutions for Pakistan’s economic problems are childish: elect better leaders (ie, Khan), put corrupt politicians in prison and recover their “looted” wealth.It will not make much difference because Pakistan’s undoubted corruption problem is a symptom, not a cause, of its malaise. The real problems are systemic: a broken bureaucracy little changed from the colonial-era, a failing judiciary drowning in a backlog of cases and an economy captured by rent-seeking vested interests.
Pakiland does not "manufacture" automobile. It assembles and paints them . Almost every component is imported . Ditto for the military equipment from higher than mountain fliend !To pick one example, Khan has had nothing of substance to say about how to fix the country’s awful automobile sector. The entire market has been carved up by just three companies. No competition means terrible cars at high prices, low production, fewer jobs than there might be and big profits for the owners. The cheapest car in the country is something called a Suzuki Mehran, a dismal contraption that according to 2011 research was 32 per cent more expensive than the same model in India (where it has now been phased out).
The army has gone to extraordinary lengths to neutralise Sharif, who was until recently the odds-on favourite to win. Media deemed favourable to Sharif have had their distribution choked. Non-compliant journalists and bloggers have been threatened and kidnapped. The media’s coverage of the election has been so one-sided that at times it has seemed as if only the PTI is running.Army intelligence officers have compelled some PML-N candidates to jump ship to Khan. They have used crude threats and, astonishingly, the promise of positions in Khan’s government. Dozens have indeed defected. International election monitors have been prevented from entering the country in time to do their work properly. Sharif himself has been knocked out of running after Pakistan’s increasingly wild judiciary disqualified him from office for a minor breach of electoral law based on evidence provided by the army’s intelligence wing. Crucial indirect elections to the upper house of parliament were manipulated to prevent Sharif’s party from gaining a majority.
He has become PM, thanks to the fauj !Imran Khan, the great hope for a “Naya (New) Pakistan”, has not called out any of this. Not the bashing of the media, not the kidnapping and torture of dissident bloggers, not the dodgy legal rulings, not the menacing of politicians by the deep state. He has stood by whilst the elections have become the “dirtiest, most micromanaged in the country’s history”, according to the Human Rights Commission of Pakistan.So, if Khan does win on Wednesday it will be a hollow victory. His power will be heavily constrained, both by the coalition partners he will likely need to govern, and by the deep state whose electoral engineering he has embraced.
Worse, millions of Sharif’s supporters will not accept Khan as a legitimate prime minister. By failing to stand up to Pakistan’s deep state, Khan has been complicit in damaging the country’s most important institutions: the government, the judiciary, the media. Also, ironically, the army: recent days have seen unprecedented demonstrations outside the headquarters of the ISI in Islamabad and scattered anti-army protests in normally pro-military Punjab.It all amounts to a remarkable deterioration in the fortunes of a country that is once again at risk of sliding into chaos.Even before he has taken power, Imran Khan has set his country back decades.
KARACHI (Reuters) - Pakistan’s media was widely seen as among the region’s most vibrant after military rule ended in 2008, but a dozen newspaper and TV journalists say the industry is now in disarray because of intimidation and army pressure.
In separate interviews with Reuters, they said a media crackdown that began in the run-up to the July election of new Prime Minister Imran Khan had morphed into widespread self-censorship by journalists fearful of repercussions if they criticize Khan, the military or courts.
Anyone, who does not toe the military line is toppled . Will eventually happen to Imran also !A number of political commentators and opposition politicians say Khan is backed by the establishment, a term used in Pakistan to mean the military and intelligence top brass, along with some senior civil servants and judges. His main rival, former prime minister Nawaz Sharif, was at loggerheads with the military.
It is an open secret !Adding to the atmosphere of fear is a treason case filed against a prominent newspaper columnist, Cyril Almeida, following an interview he conducted with Sharif that mentioned the role of Pakistani militants in the 2008 Mumbai terror attack.
“There is a culture of silence. People are reluctant to talk about who is behind this,” Islamabad bureau chief of independent Capital TV Murtaza Solangi told Reuters.
“Self-censorship has hit new highs.”The Pakistani military’s public relations wing, the Inter Services Public Relations agency (ISPR), denied intimidating the media and said it doesn’t pressure journalists to alter coverage. “Our media is independent. ISPR has no role in controlling media expression,” the military agency said in a written response to several questions from Reuters on what the journalists described as intimidation and harassment by security forces.The agency declined to elaborate further.
Khan’s office did not respond to a request for comment, but during the election campaign he dismissed reports of press intimidation.Pakistan’s
informationpropaganda minister Fawad Chaudhry told Reuters no media outlet has brought any complaints to his office.“I think Pakistani media freedom can be compared to any first world country,” Chaudhry said.
“There is more of a talk than substance ... I have not received a single application or request or evidence of such censorship.”A report released by the U.S.-based Committee to Protect Journalists (CPJ) last month alleged that Pakistan’s military was using fear and intimidation to stifle the media and undermine press freedom.
“The military has quietly, but effectively, set restrictions on reporting: from barring access to regions ... to encouraging self-censorship through direct and indirect methods of intimidation, including ... allegedly instigating violence against reporters,” the CPJ said in the report, written after interviews with journalists, editors and media groups in five Pakistani cities in February this year.The military has not responded to requests for comment on the CPJ report.
“There are debates within organizations about what can lead the organization into a problem and these discussions essentially influence your editorial judgment,” Talat Hussain, a journalist with Geo TV, Pakistan’s leading television news channel, told Reuters.
The accusation of treason against the columnist Almeida is based on a May interview he conducted with Sharif in which the former prime minister indirectly suggested that Pakistan allowed militants based on its soil to carry out the 2008 militant attacks in the Indian city of Mumbai that killed 166 people.Pakistan has long denied any state involvement but the incident has been at the center of deteriorating ties with India.
Sharif and Almeida both appeared before a court on Monday that will decide whether to formally charge them. Neither entered any plea and the case was adjourned until Oct. 22.A representative for Sharif did not respond to request for comment on this story. Almeida and senior editors at the Dawn newspaper he works for declined to be interviewed, saying they had been advised by lawyers to avoid comment on an ongoing case.
Her British Passport "saved" her !While journalists have rarely been jailed in Pakistan, several instances of abductions of reporters have created a culture of self-censorship, journalists interviewed said.
“In general the media is being very careful in what not to report or discuss. If they do, they can face disruptions to circulation or to the placement of their channel on cable or at times a ... blackout,” said Omar R Quraishi, former web editor at Samaa TV.In June, Pakistani commentator, activist and frequent military critic Gul Bukhari was abducted by gunmen as she was on her way to a TV interview. A driver reported to the TV channel that men in military uniform stood by while plainclothes men took her away.Bukhari, a dual Pakistani-British citizen, was returned home the next day after a social media and international media outcry. She declined to go into details of her ordeal, but told Reuters her abduction could be “viewed within that context” of intimidation ahead of the general election.
And the journo has exiled himself to France ! Saleem Shahzad was not so lucky. Deep State killed him and dumped his body near Mandi Bahauddin . Journo Hamid Mir luckily did not die after suffering severe injuries in an attack . He has now "toned down" his criticism of Deep State and now has become an enthusiastic supporter of Immy !The military denied playing any role in her abduction.
In January, Taha Siddiqui, a journalist known for critical reporting on the military, told reporters he narrowly avoided abduction after his taxi was stopped by armed men. He said he shouted for help when a military vehicle passed by but one of the armed men gestured to the vehicle to move on.
Siddiqui also filed a police complaint about the incident. The military denied it was involved.
Decision to leave the task force taken after US-led coalition limits fuel supplies, military sources tell Al Jazeera.
Pakistan's navy is no longer part of the counterpiracy Combined Task Force (CTF) that operates in the western Indian Ocean, officials told Al Jazeera.
The decision to leave the task force was taken after the US-led operation refused to pay for fuel for the patrolling warships as part of a previous agreement, two highly-placed military officials told Al Jazeera on the condition of anonymity.
In a statement to Al Jazeera, the Bahrain-based Combined Maritime Forces (CMF) - the over-arching organisation of which the CTF is a part - confirmed that Pakistan is no longer participating with ships in the task force.
Distancing itself from CTF gives Pakistan a chance to carry out an independent Regional Maritime Security Patrol (RMSP) from the Gulf of Aden to the Gulf of Oman, and from the Strait of Hormuz to the Maldivian waters, a Pakistani military official said.
Responding to the end of Pakistani participation in the anti-piracy task force, Pakistani military officials said the country has to guard its own interests in the western India Ocean.
Pakistani security analysts believe Islamabad's warming relations with Iran's military, as well as security agreements with China could be cause for concern in Washington and Riyadh.
The maritime coalition has not commented on why Pakistan left and whether the decision to limit fuel supplies was linked to recent military cuts initiated by Washington.
But the relationship between the two allies in the so-called "war on terror" has been strained.
Addressing a news conference at the IMF and World Bank annual meetings in Bali, the IMF’s Maurice Obstfeld cautioned that increased Chinese involvement in Pakistan’s economy could bring both benefits and risks.
Pakistan needs more infrastructure development, Obstfeld added, and the country could benefit from China’s role in supporting its project financing. But China’s involvement could also bring potential risks, he said.
“It is important that the design of the projects... be solid and excessive debts which cannot be repaid are avoided”
Chinese officials have rejected criticism that the so-called China-Pakistan Economic Corridor projects have burdened Pakistan with unsustainable debts. Instead, the Chinese maintain, they have boosted the country’s economic growth and provided 70,000 jobs.
Jamiat Ulema-i-Islam (JUI-F) secretary general Senator Maulana Abdul Ghafoor Haideri on Wednesday opposed any amendments to the blasphemy law, which was under discussion in a meeting of the Senate Standing Committee for Information and Technology.
He also dropped a threat, saying that the blasphemy law had previously "taken a lot of lives, and if anyone tries to touch it, they will be the ones held responsible for any damage caused."
He also said that if any step to amend the law is taken, his party will show "complete resistance" and even block it in the National Assembly and Senate.
Here's a hypothetical situation: You have a 15-year-old son, and he hacks off his own hand after believing he has committed blasphemy. How would you react?
How about pride, joy, and celebration instead?
In Pakistan, where all sorts of bizarre reports make headlines, it isn’t often that we sit up and take notice of news stories. Yet, this is exactly what happened recently, when a 15-year-old boy in a village close to Lahore in the Hujra Shah Muqeem district, cut off his own hand believing he had committed blasphemy.
As reports claim, the youngster was at a mosque when the imam asked the worshipers who among them wasn’t offering prayers regularly. This was after he had stated that those who love the Prophet (PBUH) don’t miss out on their prayers.
When the boy raised his hand after mishearing the question, the imam, alongside the attendees around him, shamed the 15-year-old for committing blasphemy. Some reports even state that the boy was beaten by the cleric for his 'sin'.
The psychological impact of the public disgrace propelled the child. He wanted to prove beyond doubt that he was not a blasphemer.
So much so that to punish himself, using a fodder cutting machine, he sliced off the very hand he had raised at the mosque.
Then, the child presented his appendage to the preacher on a plate.
Rather than be appalled at the sight of a child's bloody hand, the neighbourhood cheered the youngster, hailing him a hero. His parents, too, beamed with pride.
anupmisra wrote:Pakistan navy quits anti-piracy task force amid worsening US tiesDecision to leave the task force taken after US-led coalition limits fuel supplies, military sources tell Al Jazeera.Pakistan's navy is no longer part of the counterpiracy Combined Task Force (CTF) that operates in the western Indian Ocean, officials told Al Jazeera.The decision to leave the task force was taken after the US-led operation refused to pay for fuel for the patrolling warships as part of a previous agreement, two highly-placed military officials told Al Jazeera on the condition of anonymity.
The IMF won’t solve Pakistan’s debt problem. In dealing with a soaring foreign debt, Pakistan has a couple of choices. One of them is to cancel Chinese projects, as Malaysia did back in August. The other choice is to allow China to turn debt into equity, as Sri Lanka did back in July.
Pakistan’s new leader Imran Khan inherited several problems from the previous leadership. One of them is the soaring foreign debt, fueled by loans from China to finance the China–Pakistan Economic Corridor (CPEC). It’s a collection of infrastructure projects built by Chinese construction companies throughout Pakistan.Pakistan’s external debt soared to 95097 USD Million in the second quarter of 2018 from 91761 USD Million in the first quarter of 2018.
That’s an all-time high, and well above the average of 54065.23 USD Million for the period 2002-2018. Pakistan’s soaring foreign debt comes at a time when the country is living well beyond its means. Pakistan recorded a Current Account deficit of 8.20% of its Gross Domestic Product in 2018. That’s an all-time high and well above the -2.60% average for the period 1980-2018.
Meanwhile, Pakistan’s Foreign Exchange Reserves dropped to 16369.70 USD Million in August, down from 16891.10 USD Million in July of 2018.That’s slightly below the average of 16032.54 USD Million for the period 1998-2018.A soaring foreign debt in the face of rising current account deficits and falling foreign currency reserves have made Pakistan dependent on foreign capital flows. And left Kahn with no choice but to knock on the door of the Washington-controlled IMF again.
But while the IMF may ease Pakistan’s problem, it won’t solve it as long as it keep on building the CPEC.That leaves Imran Khan with two choices. One is to cancel Chinese projects to save funds, as Malaysian Prime Minister Mahathir Mohamad did back in August. He canceled two major infrastructure projects by Chinese companies for adding to the country’s heavy foreign debt burden.
The other choice for Khan is to reschedule the country’s debt to China. Perhaps, by swapping debt with equity, which in essence will transfer CPEC ownership to Beijing.That’s the model China applied in rescheduling Sri Lanka’s debt, turning the country’s Hambantota port officially into China’s own port, for 99 years. This was done in accordance with a landmark agreement signed early last year. It gives China Merchants Ports Holdings—an arm of the Chinese government—70% stake in the Indian Ocean’s key outpost.
As was the case with CPEC, the Hambantota port expansion began with loans from China. But when Shri Lanka could not pay back the loans, Beijing converted these loans to equity, in essence turning Sri Lanka into a “semi-colony,” though in a subtle way.That’s what will eventually happen to Pakistan when China takes over CPEC, and end up collecting tolls from every vehicle that passes through.
anupmisra wrote:Pakistan navy quits anti-piracy task force amid worsening US ties
Falijee Ji :Falijee wrote:"Forbes" Says That China Is Going To "Own" Pakistan Pretty Soon !
To Solve Its Debt Problem, Pakistan Should Either Follow Malaysia Or Turn Into The Next Sri Lanka
Panos Mourdoukoutas - Oct 8, 2018
CheersApparently, Imran Khan has a difficult choice to make.
LAHORE – Henley Passport Index has recently revealed the list of most powerful passports in last quarter of 2018.According to the passport index, published in October 2018, Pakistan is ranked as the third worst passport in the world.
IOW, it has moved from being the fourth "useless" passport in the world last year , to third "useless" passport in 2018 . For Echendee purposes, the Headline is not in plain language !The South-Asian country has moved down a rank from the bottom fourth to the third last in the 2018 Henley Passport Index.
Can one imagine, that the one and only Islami Atomi Takat has been "beaten" by Somalia . ie the Somali Passport "carries more weight" than the Green PassportThe Index has placed the country’s passport on the 104th position among the 106 nations of the world. The Pakistani passport holders have visa-free access to only 33 countries of the world.
The countries to lie below in ranks than Pakistan are
Somalia, ( Wrong !) Syria, Afghanistan, and Iraq as per the index.
Japan is among the nations that have got the most powerful passports as per the data assembled by the global citizenship and residence advisory firm Henley and Partners. The passport holders of Asian country enjoy visa-free access to 190 destinations throughout the world.
However, Singapore drops its position and placed on second in the ranking list with visa-free access to 189 destinations.France, Germany and South Korea placed third with visa-free access to 188 destinations.
The United States of America and the United Kingdom are ranked on the 5th place in the index, allowing visa-free access to 186 destinations.
Like the proverbial plague, not a single European or North American nation is ready to risk Pakis with a visa free entry . Could be Pakistaniyat or could be a sazish. Pick your choiceList of visa-free destinations for Pakistani Passport Holders
*ISLAMABAD - Massive smuggling of t*he US dollar and several foreign currencies through Iran land route has been reported.
Locking the stable door, AFTER the horse has fledThe federal government after obtaining data of the people travelling abroad via the land route has initiated the investigation, Tribune has reported.
Federal government has obtained particulars along with the record of travellers who have paid several visits to Iran within a span of four months.
Professional smugglersThe Integrated Border Management System of the Federal Investigation Agency (FIA) has sent a detailed list of 100 people travelling to Iran through the Taftan border crossing to the finance ministry and the FBR .
KARACHI – The price of gold in Pakistan registered a drastic increase of near Rs 2,000 per tola.
Wedding season coming up. Gold prices going up ! IMF Danda on Devaluation being inserted . Gold Prices Going UpGold prices crossed the Rs 62,000 per tola mark in the local market.For 10g gold, the price surged by Rs1457, and it is available at R53,155 in the market
Unlike the local market, the gold price observed a decline of $7 in the international market where the price for per ounce yellow metal stood at $1187.The US dollar hit Rs.134 against Pakistani rupee in the interbank market on Tuesday, a day after the government announced that it was going to the International Monetary Fund (IMF) for a bailout.
According to local media reports, the US dollar gained Rs9.75 against Pakistani rupee. On Monday, the US dollar was being offered at the rate of Rs124.25 in the interbank market.However, with a sharp Rs 9.55 rise within a few hours, the rupee devalued considerably against the dollar.
Falijee wrote:I do not "blame" Massa one bit for this drastic action ! On the Afghan front, Paki military was billing USA ( under coalition fund support ) for cost of building roads. Like "ghost schools" these were non existent roads billed to US. So, in this case, the US does not want to be taken for a ride again
Falijee wrote:Massive smuggling of US dollar through land routes from Pakistan: Report