CNewsworld's Blog

Thursday, April 29, 2010

I am not marrying Shoaib Akhtar, declares Dia Mirza

Geo 436 Mumbai: Dia Mirza has vehemently denied a report that the ex-beauty queen and actress would tie the knot with Pakistan cricketer Shoaib Akhtar. The actress said that the news, first carried by Pakistan channel Geo TV, is utter rubbish and baseless. In an exclusive chat with Spicezee, she said, "The news of my wedding with Shoaib Akhtar is absolutely rubbish. It's a figment of imagination."
Pakistani channel, Geo TV band said – "My wedding with Shoaib Akhtar would be even better than Sania`s: Dia Mirza".
Dia requested the media to make it known that she had nothing to do with Shoaib Akhtar and she doesn't even know him. When asked about her marriage plans, the actress said, "I would like to get married and everybody will know it. As of now, I am not getting married to anyone."
It seems that after Indian tennis ace Sania Mirza's marriage with Shoaib Malik, gossipmongers are working overtime to spread rumours of love affairs between Indian damsels and Pakistani cricketers. Perhaps, India-Pakistan bonding is going a little overboard.

VAT will be implemented in July: FBR

GEO 436 ISLAMABAD: Chairman Federal Board of Revenue (FBR) Sohail Ahmad said Value Added Tax (VAT) will be implemented from July 2010 whereas it will not increased the inflation. Talking to media here, Shoail said that FBR has completed the preparations for the implementation of VAT whereas it will be implemented with legal consultations. He said VAT is an alternative of General Sales Tax and it will not increase the inflation. About sales tax on sugar will reduce revenues upto Rs.2 billion.

SC to give PCO judges case verdict tomorrow

GEO 436 ISLAMABAD: The Supreme Court of Pakistan will announce its verdict tomorrow regarding whether administrative official of registrar office of Supreme Court is eligible to return back petitions or not. A five-member larger bench of the apex court headed by Justice Nasir-ul-Mulk, and comprising Justice Raja Fayyaz Ahmad, Justice Jawwad S Khawaja, Justice Tariq Pervez Khan and Justice Rehman Hussain Jafferi heard the contempt of court case against seven PCO judges, including former chief justice Abdul Hameed Dogar. Dr. Abdul Basit, the counsel of the PCO judges in his arguments said without decision on the appeals, the contempt of court case against the PCO judges cannot be heard, adding registrar of the Supreme Court has no authority to return appeals filed by the judges. Basit said that PCO judges filed intra-court appeals against the court decision.

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US panel names 13 countries as religious violators

GEO 436 WASHINGTON: Saudi Arabia and China are among 13 countries a U.S. government panel named on Thursday as serious violators of religious freedom. The panel’’s report also criticized the current and former administrations in Washington for doing little to make basic religious rights universal. That is the goal of the congressional act that founded the U.S.Commission on International Religious Freedom in 1998. The commission investigates conditions in what it calls “hot spots,”” where religious freedom is endangered. Its job is to recommend U.S. government policies to improve conditions. It is a “small but critically important point of intersection of foreign policy, national security and international religious freedom standards,”” the report said. “Regrettably that small point seems to shrink year-after-year for the White House and the State Department.”” This year’’s list of 13 “countries of particular concern ””included all eight named last year Myanmar, previously known as Burma; China; Eritrea; Iran; North Korea; Saudi Arabia; Sudan, and Uzbekistan. It also included Iraq, Nigeria, Pakistan, Turkmenistan and Vietnam.

IMF warns Asian economies of overheating risks

GEO 436 SHANGHAI: The International Monetary Fund warned Thursday Asian economies were at risk of overheating as strong capital inflows fan inflationary pressures and raise the risk of damaging bubbles. The IMF urged regional leaders to return to “more normal” monetary policies after the global financial crisis, and increase the flexibility of their exchange rates to counter speculative funds flowing into their economies. “Brighter economic growth prospects and widening interest rate differentials with advanced economies are likely to attract more capital to the region,” the IMF said in its latest report on the regional outlook. “This could lead to overheating in some economies and increase their vulnerability to credit and asset price booms with the risk of subsequent abrupt reversals.” The IMF raised its growth forecasts for Asia to 7.1 percent for both 2010 and 2011, higher than its prediction last week when it estimated regional economies would expand an average 6.9 percent this year and 7.0 percent next. But the Fund warned export-driven Asia remained vulnerable to a slower-than-expected recovery in the West, and urged governments to reduce their reliance on overseas shipments and boost domestic consumption. The IMF said Asian policymakers need to safeguard against the build-up of imbalances in asset and housing markets caused by “excess liquidity”, and one way to do this was to adopt more flexible exchange rates. “Letting the exchange rate appreciate can forestall short-term inflows,” the Fund said, without specifically referring to China. “Without more currency appreciation, the pressure to sterilise the impact on money supply will continue.” The IMF said last week a stronger yuan was “essential” for both the Chinese and world economies, heaping more pressure on Beijing to revalue the currency, which has been effectively pegged at 6.8 to the dollar since mid-2008. Critics say the policy has given Chinese manufacturers an unfair advantage by making their exports cheaper.

Thai soldier killed in anti-govt protest

GEO 436 BANGKOK: Thai security forces stopped anti- government protesters from rallying north of the capital in clashes that killed one soldier, raising tensions in a seven- week standoff that has paralyzed Bangkok's commercial center. One soldier was shot dead and two were injured in the skirmish, police official Worapong Chiewprecha said in a televised briefing last night. Seventeen protesters were also wounded after authorities opened fire to prevent a convoy of about 5,000 people from traveling to a fresh-food market north of Bangkok, he said. The incident may add pressure on Prime Minister Abhisit Vejjajiva to scatter demonstrators who have disrupted businesses and irked residents by occupying a district since April 3. The country's worst political violence in 18 years has now resulted in the deaths of 27 people this month. "The situation has been aggravated to the point where the government has to do something, either disperse them or negotiate," said Somjai Phagaphasvivat, a lecturer at Bangkok's Thammasat University. "The protesters are on the defensive and they know the cost of resistance is getting higher every day." Thailand's SET index fell 1.6 percent as overseas investors posted their biggest net selling in five months, making it Asia's second-worst performer in April after the benchmark in Shanghai. Thai stocks have risen 2 percent for the year compared with a 4.1 percent gain for the MSCI Asia Pacific Index. Security forces arrested 14 protesters and found a bag with 62 M-79 grenades left by another demonstrator who escaped, Anon Jarayapan, an air force commander, said in a televised broadcast. The clash showed the government's aim "to control any law- breaking," spokesman Panitan Wattanayagorn told reporters. Authorities ordered the closure of roads around the main protest site to isolate the group, the Bangkok Post reported, citing unidentified officials. Police will stop people and weapons from getting to the site, though supplies will be allowed to pass, the newspaper said. A grenade attack last week on an elevated train line station next to the protest site left one person dead, and 25 died in an army crackdown on April 10. The government and protesters blame each other for the casualties. Soldiers carrying rifles were stationed yesterday on Silom and Sukhumvit roads, Bangkok business arteries that connect with the cordoned-off protest site. Water cannon trucks and riot police are also positioned in the area.

Thursday, April 29, 2010

Wednesday, April 28, 2010