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Obama announces $10bn trade deal with India

Pak economy hit hard by terrorism: Kaira See on Page 8

Awan hints at 19th Amendment See on Page 8

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13.85%

14.21%

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Karachi, Sunday, November 7, 2010, Zul-Qa’dah 29, Price Rs12 Pages 8

Mistrust mars Pak ties with US: Sharif

Special Correspondent

ISLAMABAD: The first meet-ing of Judicial Commissionconstituted for the appointmentof judges to the higher judiciary,came to an end here in federalcapital.

The meeting approved ruleand regulations of theCommission and also decidedthat Chief Justice of Pakistan(CJP) would be authorised toappoint judges at the apexcourt, federal Shariat Court and

chief justices at the HighCourts.

Chief Justice of PakistanJustice Iftikhar MuhammedChaudhry presided over this JCmeeting held in camera at apexcourt premises.

Chief Justices of FederalShariat Court and High Courts,federal and provincial law min-isters, Attorney General,provincial Attorney Generalsand Bar Councils representa-tives attended the meeting.

The Commission was set up

under 18th Amendment of theConstitution.

Addressing the meeting,Chief Justice Iftikhar expressedhis hope that the parliament willreview the new system ofjudges' appointment and con-sider the concerns of the judici-ary in this regard.

The CJ Chaudhry said theCommission is presently func-tioning under interim order ofthe court and Article of theConstitution, adding collective

See # 3 Page 7

Rules laid down forJudicial Commission

CJ chairs meeting, hopes parliament reviews system

CJ authorised to appoint judges of higher courts

Staff Reporter

KARACHI: The slain leaderof Muttahida Qaumi Movement(MQM) leader Dr ImranFarooq Saturday laid to rest atShuhada Graveyard inYaseenabad, Karachi.

Earlier, the funeral prayer ofDr Imran Farooq was offeredunder a very tight security atJinnah Ground near Party head-quarters "Nine Zero" inAzizabad.

Maulana Asad Thanvi led thefuneral prayer of the deceasedleader of Muttahida. Separateenclosure was constructed forwomen as well.

A large number of peopleincluding MQM leaders BabarGhauri, Mustafa Kamal, WasimAkhtar, Khushbakht Shujaat,

Sardar Ahmed, Shuaib Bukhari,Faisal Sabzwari, Adil Siddiqui,and Kunwar Naveed attendedthe funeral prayers.

Various other political leadersincluding PPP leaders PirMazhar-ul Haq, Waqar Mehdiand Najmi Alam also attendedthe funeral Prayer.

The dead body of slain leaderof Muttahida Qaumi Movement(MQM), Dr Imran Farooq wasescorted at his native homeSharifabad area of Karachi.

The body of Dr Imran arrivedin Karachi from Britain in PIAflight, PK-788 from London'sHeathrow airport on Saturdayamid tight security.

Governor Sindh Dr Ishrat ulEbad Khan, Federal InteriorMinister Rehman A Malik,

See # 2 Page 7

Dr Imran buried amid griefMQM leader laid to rest at Shuhada Graveyard Yaseenabad

Ebad, Malik receive body; entire route cleared under VIP-level security

Staff Reporter

KARACHI: The PoliceSaturday arrested the ChairmanNational Highway Authority(NHA) Chaudhry Altaf, andtwo other senior officials afteradditional and district sessionjudge, Gulshan Ara Chandiorejected the interim Challansubmitted by the investigationofficer into Shershah bridgecollapse case, and orderedarrest of authority officials.

The former chairman NHA,Major General (Retd) FarrukhJaved, and the project director ofECIL Company, which passed

the architecture of the bridge,Mohammad Yousaf Barakzai,however managed to flee fromthe court in the police presence.

In the interim Challan, theinvestigation officer submittedthat no conclusive evidence hadbeen found against the accused,and that the government ofPakistan had conceded no loss inthe wake of the bridge collapse.

Moreover, the Challan said, asum of Rs1.5 million each hadbeen paid to the heirs of sixdeceased, who lost their lives inthe incident, while Rs500,000each had been paid to 14 injured

See # 4 Page 7

NHA chairmancopped in court

WASHINGTON: By omittingPakistan from the itinerary ofhis current trip to Asia, startingwith India, President BarackObama has shown that the USis not sensitive to the senti-ments of Pakistani people, for-mer President PervezMusharraf said.

Disappointed that Obamawould not be visiting Pakistanduring the trip, Musharraf hasalso conceded that US presidentis unlikely to take up the issueof Kashmir during his meetingswith the Indian leaders.

"I would take it as a disap-pointment, yes, indeed." Thisreflects that the US president isnot sensitive to the sentiments of

the people of Pakistan,Musharraf told MSNBC televi-sion.

"I don't think there is going tobe any talk about Kashmir. So inthe overall context, I think itdoesn't resonate well with thepeople of Pakistan, where theytake it that the United States orthe president of the United Statesis not that concerned aboutPakistan's own sensitivities andinterests," Musharraf said.

"I know one does understandthat visiting India is a bilateralissue between the United Statesand India, and one wouldn't beoverly Indo-centric in approach.

"But our concern, as aPakistani, certainly within

Pakistan, isn't Pakistan animportant player in the region?It is in the front role fightingterrorism. It's a strategic partnertowards fighting al Qaeda andTaliban towards eradication ofterrorism," he said.

Musharraf said the armyand the government inPakistan are doing their bestto fight al-Qaeda and theTaliban. "I'm not really privyto the tactical details of theoperations, but at the strategiclevel, I do understand thecommitment of the army, ofthe military and the govern-ment towards defeating alQaeda and Taliban is certainlythere," he said. -Online

USA not sensitive to Pak views: Musharraf

ISLAMABAD: Islamabadurged New Delhi to allow aPakistani commission to visitIndia to gather more evidencefor the prosecution of the sevensuspects linked to the 2008Mumbai attacks.

Interior Minister RehmanMalik had proposed sending ajudicial commission to India torecord witnesses' statements, asthe trial of the suspects contin-ues in Pakistan.

The suspects include thealleged mastermind of theattack on India's financial capi-tal, Zaki-ur Rehman Lakhvi,and Lashkar-e-Taiba (LT) oper-

ative Zarar Shah.The sole surviving attacker,

Ajmal Kasab, is on death rowin India after being sentencedto death by a Mumbai court inMay.

"The deputy high commis-sioner of India in Islamabad,Rahul Kulshreshth, was calledto the foreign office," andhanded a dossier about theattacks and details of the com-mission's proposed visit,Pakistan's foreign ministry saidSaturday in a statement.

Delhi and Washington haveboth blamed the

See # 6 Page 7

Isb seeks Delhi'shelp in 26/11 trial

Pak hands over dossier ahead of Obama visit

TCP sells10k T sugarin open mkt

KARACHI: TradingCorporation of Pakistan (TCP)on Saturday sold 10,000 metrictonnes of sugar out of adver-tised quantity of 50,000 MT inthe open market at a rate ofRs70000 per tonne (excludingtaxes), on the basis of highestbid to the responsive bidder.

See # 12 Page 7

MQM, PPPcoalition to go on: Malik

KARACHI: Interior MinisterRehman Malik has said that PPPand MQM are friends in everyaspect. He said that there is nosafe corner for terrorists inPakistan.

Talking to media persons atKarachi airport after attendingMQM deceased leader DrImran Farooq funeral, heappreciated provincial govern-ment for arranging the bestsecurity plan and arrangementson the occasion of MQMleader's funeral and burial.-Online

Mosque massacre

Death tollreaches 95

ISLAMABAD: More peopledied of injuries after Friday'sdeadliest suicide bombing in aPakistani tribal region, bringingthe death toll to 95, official saidSaturday.

A suicide bomber on footstruck a mosque at the tribalregion of Darra Adam Khel,some 30 kilometers fromPeshawar, the capital of KhyberPakhtunkhwa province, whenhundreds of people were offer-ing prayers.

Over 80 persons, most ofthem critically, were injured inthe attack.

A total of 63 people werekilled on the day of the attackand officials in Darra AdamKhel said that several injureddied of wounds in hospitals.TV channels reported thatdeath toll reached 95.

Pakistani Taliban from DarraAdam Khel area claimedresponsibility for the attack.

See # 1 Page 7

KARACHI: Interior Minister Senator A Rehman Malik and Sindh Governor Dr Ebad Khan

carrying the coffin of former convener of MQM Dr Imran Farooq at Jinnah International

Airport here on Saturday.-APP

See on page 8

Shershah bridge collapse case

Obama unlikely to take Kashmir issue with Indian leadership

2 Sunday, November 7, 2010

TV PROGRAMMES

SUNDAY

Time Programmes7:00 News

8:00 News

9:05 Manzil (Rpt)

10:05 The Reema Show (Rpt)

12:00 News

13:10 Faisla Aap Ka (Rpt)

14:10 The Anchor (Rpt)

15:00 News

16:00 News

17:00 News

18:00 News

19:05 I Samaa

19:30 Mutasareen

20:05 The Reema Show

21:00 News

22:03 Faisla Aap Ka

23:05 Tafteesh

SUNDAY

Time Programmes8:00 Pakista this

week(Rpt)

8:30 Music Scene

9:00 Teesri Nazar(Rpt)

10:00 Smithsonian Documentry

11:00 Uff Tv(Rpt)

11:30 Dilkash Pakistan (Rpt)

12:00 Kamyab (Rpt)

13:00 Agenda 360 (Rpt)

14:00 Karobari Duniya(Rpt)

15:00 Teesri Nazar(Rpt)

16:00 Pakistan This Week (Rpt)

16:30 Tijarti Dunya (Rpt)

17:00 Kamyab (Rpt)

18:00 Dilkash Pakistan (Rpt)

18:30 Uff Tv(Rpt)

19:00 Sara Jahan

19:30 Red Carpet

20:00 Filmi Samaa

20:30 Munafa Khor Hoshiyar

21:00 Badalta pakistan

22:00 Agenda 360

23:00 Amnay Samany

0:00 Filmi Samaa(Rpt)

KARACHI: Advisor to Sindh ChiefMinister Sharmila Farooqui on Saturdaytook notice of tree hacking in Karachi andcalled for mass tree plantation in the cityso as to provide clean and green environ-ment to citizens.

"Trees generate a large amount ofoxygen which is only sources for sur-vival of human life on the earth. Theyalso provide soothing shed and greenatmosphere, so the environment andcivil society organizations should comeforward with positive approach andsupport the government's efforts forraising tree cover not only in Karachi

but also in other parts of Sindh,"Sharmila said.

She said the present government has ini-tiated various environment conservationprograms to reduce air, noise and seawa-ter pollutions to a significant level. Theadvisor said that it is the need of hour toraise forests by planting more and moretrees to join the country and the worldefforts for combating global warming.

Sharmila Farooqui also visited SwamiNarain Mandir at MA Jinnah Road theother night to express solidarity withHindu community on their annual festivalof Diwali.-APP

Advisor attends Diwali festival

Sharmila calls forplantation drive

KARACHI: PakistanInternational BulkTerminal Ltd (PIBT) hassigned ImplementationAgreement (IA) with PortQasim Authority (PQA)for establishing $173 mil-lion coal andclinker/cement terminal atPort Qasim.

The agreement wassigned by chairman PQAvice admiral (Retd)Mohammad Shafi andCEO PIBT Sharique ASiddiqui at a local hotelhere Saturday.

Pakistan's first ever ded-icated bulk cargo project is

expected to come intooperation in next threeyears at an initial cost of$140 million on built oper-ate and transfer (BOT)basis to handle 8 milliontonnes of coal, cement andclinker annually.

About 460 meters longjetty will have a depth of15 meters to handle largeships of up to 75,000 dead-weight tonnage. This willbe connected to a back uparea of 25 hectares with a2.5 kilometers trestle.

PQA chairman said thatthis is the largest invest-ment in Port Qasim in

terms of infrastructure andit has a distinction of beingtotally a sponsored'sowned project with localexpertise.

He pointed out that 176industrial and commercialunits are operational inPQA industrial zone while274 are at various stages ofconstruction.

Admiral Shafi invitedinvestment from privatesector in the industrialzone of PQA with specif-ic mention to energy proj-ect including energy ter-minal and maintenanceyards.-APP

$173mn pact signedfor clinker terminal

KARACHI: After closureof almost 3 months, due todevastating floods in theMuzaffargarh District inAugust this year, AES PakGen (Pvt) Company, a 365MW power plant, hasresumed its regular opera-tions successfully, a state-ment by the company said.

The project's electricitysupply will help overcom-ing the current power short-ages in the country as it hasresumed power supply sinceNovember 2. "The powerplant has been restored

within a record time of lessthan three months despitecolossal damage to the plantcasting several doubts on itsearly resurrection" saidCEO AES Pak Gen, ShahidKhan.

The business interruptionand property losses are 100per cent covered underinsurance and reinsuranceagreements with reputedinsurance giants both inPakistan and abroad, dis-closed Shahid and addedthat restoring the plant to itsoriginal condition was a

huge task forcing the man-agement to fight against allodds exceeding expecta-tions of all stake holders.

The rehabilitation exer-cise was led by the pro-ject's own world classengineering team with thecontinuous support fromthe Original EquipmentManufacturer MHI UFJLtd - Japan, he said.

This project is located 55kilometer from Multan in asmall town named VirarSipra of DistrictMuzaffargarh.-APP

365MW power plantresumes production

KARACHI: GovernorSindh Dr Ishrat-ul-EbadKhan, has thanked InteriorMinister, Rehman Malik,Sindh Chief Minister,Syed Qaim Ali Shah, andthe officers and personnelof law enforcement agen-cies for the security meas-ures on the arrival of thebody of slain leader ofMuttahida QaumiMovement (MQM), DrImran Farooq, and burialin Karachi.

In a statement here onSaturday, he also thankedthe President and thePrime Minister for thecooperation extended bythem. Dr Ishrat particular-ly thanked Rehman Malikwho was supervising thesecurity arrangements forthe last three days.

The Governor Sindh andInterior Minister, RehmanMalik, on Saturday morn-ing received the body ofDr. Imran Farooq whicharrived here from Londonby PIA's flight PK 788.

The Governor alsooffered condolences to thefamily members of late Dr.Imran Farooq at theKarachi Airport.

Floral wreaths were laidat the grave of Dr ImranFarooq on behalf of DrIshrat ul Ebad Khan andRehman Malik.

Earlier Sindh ChiefMinister Syed Qaim AliShah and Advisor to CMfor Information &Archives SharmilaFarooqui in their separatestatements have stronglycondemned a bomb blast

in a mosque in DarraAdam Khel and said thatthe nefarious designs ofelements involved in thisact would be foiled withthe people's might.

CM Qaim and AdvisorSharmila extended condo-lences to the victim fami-lies and prayed toAlmighty Allah to rest thedeparted souls in eternalpeace and grant courageand fortitude to bebereaved families to bearthese irreparable losses.They also prayed for earlyrecovery of those whoinjured in the blast.

The Chief Minister saidthat those attacking mosquesand other holy places haveno link to any religion,because they are only anti-state elements.-APP

Qaim condemns Darra Adam Khel blast

Governor laudssecurity measures

Tauseef Razi Mallick

KARACHI: All market areas ofKarachi and Hyderabad remainedclosed on the eve of burial ceremony offormer convenor of Muttahida QaumiMovement (MQM) late Imran Farooqin Karachi on Saturday.

Traders association of both the citieshad earlier announced a voluntary clo-sure of businesses and a day of mourn-ing to express solidarity with MQM andbereaved members of MQM's lateleader's family.

Low vehicular traffic was seen on theroads, however, the educational institu-tions and government offices werealready off because of Saturday weekend.

All major markets, business and com-mercial centers in Karachi remainedclosed as "unidentified" persons resort-ed to aerial firing in several parts of thecity, besides setting various vehicles onfire forcing the people to stay indoors.

The Karachi Transport Ittehad, themain representative body of trans-porters, had already announced to keepthe Public transport off the road.

Heavy contingents of police andrangers were deployed across the city tocope with any eventuality. Police per-sonnel using mobile vans and motor-bikes kept on patrolling different areaswhole the day.

A visit to the different areas showed

that all main markets and commercialcentres including Saddar, Bohri Bazaar,Electronics Market, Zaibunnisa Street,Regal Chowk, Zainab Market, TariqRoad, Hyderi, KDA Market (Gulshan-e-Iqbal) remained closed. Situation wassame in Liaquatabad, North Nazimabad,Federal B Area, New Karachi, Landhi,Malir, Shah Faisal Colony, Gulisntan-e-Jauhar where most of bazaars, marketsand shops remained closed.

A majority of petrol pumps remainedclosed in respective areas. Most of theoffices and industrial units in the cityalso remained closed

In the afternoon, however, someshops in different localities wereopened and a few taxis and rickshawsappeared on roads. All the examsscheduled for the day were postponedby the public and private sector educa-tional institutions.

Trading at the Fruit and VegetableMarket (New Sabzi Mandi) was alsoaffected due to unavailability of transport.The strike also affected port activity dueto the non-availability of transport vehi-cles in adequate number.

Reports trickling from Hyderabad,suggested that strike was observed inthe city as all the bazaars, marketsand commercial centers remainedclosed in line with an earlierannouncement made by local tradersand businessmen.

Khi mourns,remains shut

Russiandelegationvisits SIB

KARACHI: A Russiandelegation has expressedkeen interest in gas, min-ing, agriculture, livestock,healthcare and engineer-ing sectors in Sindh.

Leader of the delegationand CEO Russian NationalInvestment Agency, OlegGorbulin, while talking tothe Advisor to CM onInvestment ZubairMotiwala at Sindh Boardof Investment (SBI) hereSaturday said that soon adelegation of Russianinvestors will visitKarachi and Islamabad tofurther explore possibili-ties for investment in thesefields.

Director General Boardof Investment (BoI)Nasreen Ali, SecretaryInvestment Sindh YonusDhagha and RussianConsul General Andrey VDeminov were also presentin the meeting whichreviewed prospects forRussian investment inSindh.-APP

DiabetesDay onNov 14

KARACHI: The WorldDiabetes Day will beobserved on 14 November2010 to raise awarenessabout diabetes and its pre-ventive measures aroundthe globe.

WHO estimates that over220 million people world-wide are suffering from dia-betes, while this number islikely to be more than dou-ble by 2030 without inter-vention. Almost 80 per centof diabetes deaths occur inlow and middle-incomecountries, it says.-PPI

Pak deniesBBC reportISLAMABAD: Pakistanhas termed as "baselessand malicious" a recentBBC report alleging exis-tence of terrorist trainingcamps in Azad Jammu &Kashmir.

Foreign OfficeSpokesman said onSaturday that such ground-less reports are aimed atundermining legitimatestruggle of Kashmiris fortheir right to self-determi-nation.

He said Pakistan wascommitted to continueextending full diplomaticand moral support toKashmiris in their struggleagainst Indian occupa-tion.-PPI

KU extendsexam formssubmission

deadlineKARACHI: TheUniversity of Karachi hasnotified for the informa-tion of all that the date forsubmission of forms andfee of BA/BCom and BOLExternal AnnualExamination 2010 hasbeen extended by 12-11-2010 without late fee.

Examination fee for BA:BA Part-1 (fresh & fail-ures) Rs 2050; BA Part-II& Improvement ofDivision Rs2050 and BAboth parts & improvementof Division Rs3750.

Examination fee forBCom: Bcom Part-I (fresh& failures)Rs2300; BCom Part-II &improvement of divisionRs2300; BCom both partsand improvement of divi-sion Rs4250.

The examination formswill be available atNBP/UBL Counter atSilver Jubilee Gate No.1for Rs50 each. The formsand fee endorsed by theexamination departments,external counter room No.1 at Silver Jubilee GateNo. 1 shall be deposited inthe NBP/UBL atUniversity of Karachi,campus branch.-PPI

Pilot shrimpfarm

kicks offKARACHI: The Brackishwater Shrimp CultureExperimental Pond ProjectPilot Shrimp Farm hasbeen set up at a cost ofRs32.063 million onAmbra Creek at Garho,Thatta .The Project willprovide basic research anddemonstration facilities on56 hectares area in theIndus Delta and alsoattracts the investors in thistrade.

The project was inaugu-rated by the Laique AhmedMemon, Secretary,Livestock & Fisheries,Sindh. The Governmenthas provided sufficientfunds for operation of thePilot Shrimp Farm. TheShirmp grow out phasestructure is based on 12Experimental Ponds (1.35hectare each); 04 NurseryPonds (0.50 hectare each)and 08 Grow out Ponds(4.40 hectare each).

The Directorate ofResearch and DevelopmentFisheries Department,Government of Sindhinvested limited fundswhatsoever available tooperationalise the said farmup to some extent since2005 to 2008 on experimen-tal basis.-APP

KARACHI: Pakistanis Muslims offering the funeral prayers of MQM Leader Dr Imran Farooqat Jinnah Ground, Azizabad. -Online

Dr Imran Farroq burial

3Sunday, November 7, 2010Analysis & Feature

Australia's expandingliquefied natural gas(LNG) industry could

face large labour costblowouts as new projectsstruggle to fill thousands ofjobs from a heavily unionizedworkforce whose ranks arealready being thinned byretiring baby boomers.

By making projects moreexpensive and stretchingtimelines, the scramble forworkers will make gas morecostly for buyers and forceprojects to share infrastruc-ture, coordinate developmentstrategies and perhaps evenforce consolidation eventual-ly.

Australia's environmentalapproval for BG Group's $15billion Queensland liquefiednatural gas (LNG) projectpaves the way for construc-tion, but it faces escalatingcosts as a boom in LNG proj-ects boosts competition for aunionized workforce.

"There is no doubt thatthere is going to be a labourissue. It's going to be one ofthe biggest issues for the sec-tor," said Graeme Carson, ananalyst at Patersons inMelbourne.

Labour costs for AustralianLNG projects can make up asmuch as 40 percent of a pro-ject's total cost, several ana-lysts say, and union demandscan easily cause those coststo balloon.

While union clout in somecountries has waned after theglobal financial crisis,Australia's unions haveremained powerful, thanks tothe nation's resource boom.

Earlier this year,Woodside's Pluto I project inWestern Australia facedrolling strikes, which could

lead to significant cost over-runs and delays.

"When there is such astrong demand for labour,workers can demand more --and do so. It's relatively easyfor labour to put some pres-sure on employers becausethe labour supply is so tight,"said Tony Regan, an analystwith Tri-Zen International inSingapore.

Cost overruns of more than10 percent on LNG projectsare not unusual and a tightlabour market would pushexpenses even higher, butindustry analysts say they aretough to estimate withoutknowing what contingenciescompanies have factored in.

The LNG expansion, whichwill see at least 10 proposedprojects built through 2017,coincides with a wave ofgrowth across Australia'sresource sector as it tries tomeet ravenous demand fromgiant Asian economies suchas China and India.

RESOURCE BOOMAustralia's mining and

energy sectors have a historyof driving inflated housingmarkets and poaching skilledlabour from other industrieswith six-figure salaries --highlighted by anecdotes ofrecruiters trawling bars forworkers to sign up prospectson the spot.

Queensland, the northeast-ern state where the coal seamgas projects will be based, isalready feeling tightness inthe skilled labour market,advisory firm KPMG said ina report.

A surge of retirementsamong the baby boomer gen-eration now nearing its mid-50s and -60s is likely toworsen the problem.

"We're actually going to seea natural decline in theAustralian workforce in thenext 30 years or so becauseof less people coming intothe workforce," said JasonBerry, a migration servicespartner with KPMG, whichrecommends that LNGdevelopers recruit abroad andtake extra measures to retainworkers.

Unless large projects arestaggered, labour costs couldsoar up to 40 percent as firmscompete for labour, Berrysaid.

"If everyone wants to dothe key part of the project atthe same time, contractorswill just pay what the marketdemands. It will become amerry-go-round of salaryincreases."

POLICY REFORM?Some industry watchers

consider migration reformthe third rail of politics butothers said they saw someeasing of migration laws asinevitable to plug skilledlabour gaps.

"The government has to dosomething about letting someforeign workers in, surely. Ijust can't see how all theseprojects are going to goahead with lack of people,"said Peter Kopetz, an analystwith Perth-based State OneStockbroking.

Australian Prime MinisterJulia Gillard's minority Laborparty government has advo-cated a decrease in immigra-tion, despite granting anexception for "enterprisemigration agreements" thatallow foreign workers tomigrate for mega resourceprojects.

But the minority Laborgovernment is unlikely to

change migration policy dra-matically and risk its rela-tionship with Australianunions, said one analyst.

This contrasts with policyin Qatar, the world's numberone exporter of LNG, whichimported thousands of work-ers for projects, but still suf-fered a 10-month delay in thestart-up of its Qatargas 4LNG plant as contractorsstruggled to keep pace withexpansion.

Some LNG developers maytry to skirt migration issuesand slash 10 to 20 percent offlabour costs by building LNGmodules offshore, said JohnHirjee of Deutsche Bank in

Melbourne.C O N S O L I D A T I O N

UNCLEARMost Australian projects

now being built or on thecards are already seen asexpensive, at a cost ofbetween $6 and $8 per mil-lion British thermal units(mmBtu), while most non-Australian projects cost lessthan $6 per mmBtu, theAustralian PetroleumProduction & ExplorationAssociation says. Analystshave long speculated that BGand Santos' LNG projectsand two other projects -- ajoint venture between OriginEnergy and ConocoPhillips

and a project planned byRoyal Dutch Shell -- mayjoin forces through a jointventure or other form of con-solidation to cut costs.

"We are talking potentiallybillions of dollars," saidGeoff Barker, a partner withthe resource consultancyRISC in Perth.

Santos Chief ExecutiveDavid Knox's estimate lastyear that consolidating two ofthe four projects could saveshareholders $1 billion to $2billion dollars is still not outof line, Parker said, and couldeven exceed $2 billion,depending on the degree ofconsolidation.

But with BG pushing aheadwith its project and Santosexpected to soon follow suit,analysts said the chances foran imminent consolidationwere low, though some mayhappen later.

"It's not clear at themoment," said Di Brookman,an analyst at CLSA Asia-Pacific in Sydney. "All thebody language is suggestingthey are all staying independ-ent."

Even without formally con-solidating, however, coopera-tion during construction, forexample in building utilities,jetties, storage, and dredgingcould scythe down costs.

AUSTRALIA LABOUR WOES

TO FUEL LNG PROJECT COSTSlRUSH FOR SKILLED LABOUR, RESOURCES TO BOOST COSTS

lMORE LNG PROJECT COORDINATION COULD TEMPER COST RUN-UPS

India's plan to revive pro-duction of rare earthsmakes sense as a long-

term strategic move but thecountry will only be able toplug a fraction of the gap inthe market left by China'sfalling exports.

China, increasingly flexingits muscle on the internation-al stage, announced exportcuts this year that pushedprices higher and triggered arush to find alternative sup-plies.

Rare earths are used tomake a broad spectrum ofhigh-technology productsfrom plasma televisions toweapons and China now pro-vides 97 percent of globalsupply, meeting demand pri-marily from Japan and theUnited States.

India, whose state-run pro-

ducer of the rare earths haltedoutput in 2004 in the face ofcheaper competition fromChina, is now stepping backinto the picture with a modestinvestment of 1.4 billionrupees ($31.9 million) in a5,000-tonne capacity plant ithopes could produce materialby 2012.

"Whether India becomes aplayer of any consequencewill depend on how fast itcan ramp up production andcapacity," said UdayBhaskar, director of strategicaffairs think tank theNational MaritimeFoundation, weighing thecountry's possible role as afuture global supplier.

"I cannot see India becom-ing a big player in the nearfuture. But India shoulddevelop this sector because in

principle it should notbecome dependent on sup-plies from one country andthat too, China."

India consumed about 200tonnes of rare earth productsin 2004, the year it suspendedproduction and the last yearfor which official data isavailable.

One official said therequirement would have"zoomed" given the near-double digit growth in theeconomy since.

The country imports all itscurrent requirements fromChina and mostly uses rareearths in consumer goodsindustries, petroleum refiner-ies and the car industry.

STILL A LONG WAY TOGO

China's reserves are also fargreater, some 10 times more

plentiful than India's 3.1 mil-lion tonnes.

But an Indian governmentofficial, speaking on condi-tion of anonymity, said: "Thevery fact that China is thenear-monopoly makes anysecondary supply precious,however small that supplymay be."

China says it needs to con-serve its mine reserves forfuture domestic consumptionand has just tried to reassureglobal customers by sayingexport cuts in 2011 will onlybe slight.

But others see its reductionin supplies to the world mar-ket as a trade weapon andJapan -- already feuding withits powerful neighbour overterritorial rights in the EastChina Sea -- has recentlystruck cooperation deals to

develop alternative supplieswith both Vietnam and India.

The United States made apoint of securing assurancesfrom China at a summit lastweek that it would be a "reli-able supplier" of the minerals-- as President Barack Obamastarts an Asia tour with threedays in India.

With the United Statesincreasingly looking to Indiato act as a democratic coun-terweight to an economicallydominant China, the SouthAsian nation's move to boostrare earth production signalsits desire for a bigger role onthe world stage.

India wants partners suchas the United States andJapan to help build its tech-nological capability to con-vert the ore into metal, thebig challenge in expanding

output of rare earths, whichare not as hard to find as thename suggests.

"We are looking at partner-ing with countries whichhave technological capabili-ties to help us," one Indiangovernment official said."You will probably not seemuch happening if you take ashort-term view. This is along-term game."

Longer term, developing itsown rare earth supplies is apriority for the Indian gov-ernment and could at leastallow it to be self-sufficientwith a foothold in the globalmarket.

"It's not a major supplier,but not insignificant either,because five percent of glob-al supplies means a substan-tial secondary source for atleast some of the big compa-

nies," R.N. Patra, chairmanand managing director ofstate-run Indian Rare EarthsLimited told Reuters.

Still, China is likely to callthe shots for some time tocome with mines outside thecountry -- Molycorp'sMountain Pass in Californiaand Lynas' Mt Weld inAustralia -- likely to takeanother three years to meettwo-thirds of non-Chinaglobal demand.

"The major impact (on theglobal market) is comingfrom China and Australiaramping up supplies," saidAmy Lee, analyst at Nomurain Hong Kong.

"Even if India ramps upproduction, global supplyand demand conditions willremain unbalanced for sometime."

Indian rare earths push spells no threat to China

The Federal Reserve's$600 billion quantita-tive easing package has

reinforced the medium-termargument for holding gold, asit pushes the dollar firmlyonto a downward path andraises the risk of inflation.

In a hotly anticipated state-ment late on Wednesday, theFed said it would buy $75 bil-lion in longer-term Treasurybonds a month through theend of June 2011, and couldadjust purchases dependingon the strength of the recov-ery.

The statement broadly metexpectations and has led tosteady gains in gold, chieflyon the back of a slide in thedollar to 11-month lowsagainst a currency basket.

Longer term, it is set to fur-ther underpin the preciousmetal's rally to record highs.

"This is going to play outbullishly for the precious met-als," said Credit Suisse ana-lyst Tom Kendall, pointing torenewed weakness in the dol-lar after the statement.

"The announcement itselfwas broadly in line with mar-ket consensus, but it stillleaves an air of uncertainty interms of the fact that the Fedwill review the scale and tim-ing of this additional QE. Thatleaves the potential for furthersurprises as we go forwards."

Gold's initial reaction to thenews was largely driven bythe dollar. The two typicallyhave a close inverse relation-ship, as gold can be bought as

an alternative to the U.S. unit,and becomes cheaper for othercurrency holders as the dollarslips.

CORRELATION INFOCUS

While this correlationerodes at times of extremeuncertainty in the financialmarkets -- as seen earlier thisyear as the euro zone sover-eign debt crisis bit -- the linkhas recently strengthened.

The U.S. currency fellsharply after the Fed state-ment, hitting a 28-year lowagainst the flourishingAustralian dollar and slidingagainst the euro, sterling andyen.

The possibility of furtheradjustments to the level of QEcould inject even more

volatility into the dollar, withCommerzbank saying in anote that the policy couldprove a "bottomless pit".

"Things are likely tobecome increasingly uncom-fortable for the U.S. dollar,and it only seems a matter oftime until EUR-USD breachesits recent high at 1.4160," itsaid.

The QE measures will alsounderline current tensions inthe currency markets.Policymakers in key emergingmarkets, including BRICpowerhouses China andBrazil, have already pledgedto implement fresh measuresto curb capital inflows inresponse to the Fed.

The dissatisfaction theyhave voiced in response to the

fresh round of easing is likelyto make a deal on globalimbalances and currencies atthe next Group of 20 meetingin Seoul even less likely.

"Gold is not a paper curren-cy, it is nobody else's liability,it is not a promise to pay by abank and it's something youcan't print, whereas dollarbills and other paper curren-cies you just turn the printingpress on," said Evy Hambro,manager of BlackRock's Gold& General Fund.

"What we're seeing now is ageneral shift in people's atti-tude towards things that aregoing to preserve their pur-chasing power over time andgold is a natural beneficiary ofthis kind of activity in themarket."

EXPECTATIONS FORINFLATION

Meanwhile, the long end ofthe U.S. Treasury yield curvesteepened on Thursday andthe five-year/30-year ratespread widened to record lev-els as investors bet that a freshround of quantitative easingby the Fed would stoke futureinflation.

Looking forward, this mayalso be good news for gold,which is often seen as a hedgeagainst inflation.

"Obviously (the Fed) don'tsee inflation as being an issuein the near term, and if any-thing they want to bring infla-tion up to a certain level," saidSaxo Bank senior managerOle Hansen. "So on that basis,hold onto your gold."

Analysts expect currencytensions, coupled with a hostof other positive factors suchas official sector buying, tolift prices to fresh recordhighs this year and next.

"Over the medium term in aQE environment, we remainbullish on gold, with inflationexpectations on the rise, lowreal interest rates, the fear ofcurrency debasement," saidUBS analyst Edel Tully, whomaintains a one-month pricetarget of $1,425 an ounce.

Aside from monetary policy,she said resilient physicaldemand and limited scrapsales, central banks acting asnet buyers and a desire forsafe-haven assets providedfurther good reasons for hold-ing gold.

Fed easing burnishes already lustrous gold

Disclaimer:All reports and recommendations have been prepared for your information

only. Summary and Analysis are not recommendation to buy or sell. This

information should only be used by investors who are aware of the risk inher-

ent in securities trading. The facts, information, data, indicators and charts

presented have been obtained from sources believed to be reliable, but their

accuracy and completeness cannot be guaranteed. The Financial Daily

International and its employees are not responsible for any loss arising from

use of these reports and recommendations.

Maintainingsanctity ofcontracts

Reportedly Nawab Aslam Raisani, Chief

Minister, Balochistan has expressed intention to

challenge federal government's agreement with

Singapore Port Authority (SPA) for running

Gwadar port in the Supreme Court of Pakistan.

He is in contact with legal experts and also

instructed the provincial Advocate General and

the provincial law secretary to make arrange-

ments for filing of the petition. The contract was

approved and signed by the federal government

during the regime of former President Pervez

Musharraf. Under the contract the SPA is author-

ized to manage operations of the port for 40 years.

It seems that the Chief Minister wants to get the

contract signed with the SPA cancelled in view of

the reservations and apprehensions expressed

about it by his cabinet colleagues as well as by

other political groups in Balochistan. The Chief

Minister has repeatedly expressed that the con-

tract did not protect the interests of Balochistan

because the true representatives of its people

were bypassed at the time of signing of the con-

tract.

Fully cognisant of the concerns of the political

leaders of Balochistan, we suggest not taking any

decision in haste. Firing the petition may be very

easy but wining the long drawn battle is time

consuming as well as very expensive. We consid-

er it a national duty to remind the Chief Minister

that such contracts are often ironclad and termi-

nating these unilaterally may not be as easy as

being perceived. If the provincial government

has certain reservations the issue should be first

taken to Council of Common Interest.

We would also like to highlight the importance

of Gwadar port by comparing it with Chabahar

port of Iran. Many of those who want to under-

mine the importance of Gwadar has kept it devel-

opment pace slow, have not allowed construction

of link roads and also kept the port charges

exceptionally high. Till today only government

consignments have been handled at this port and

private sector has abstained from using it.

Any attempt to initiate a legal battle could bleak

the prospects of making this port commercially

viable. Without being bias, it may be said that

provincial lack the expertise to manage a strate-

gically important port like Gwadar. Besides, the

other two ports located at Karachi are being man-

aged by autonomous authorities. The provincial

government should seek better representation for

managing Gwadar but termination of the contract

could disrupt cargo handling activity.

The provincial government should try to make

Gwadar port economically viable by facilitating

swift handling of dry and liquid cargo and charg-

ing competitive port charges. Provincial govern-

ment should also approach Chinese experts who

have constructed this deep sea port. Gwadar

enjoys enormous potential of handling Afghan

transit trade and it is the collective responsibility

of the federal and the provincial government to

make this Pak-China joint venture a success.

4Sunday, November 7, 2010

Publisher & Editor-in-Chief: Amir A. Ashary

Editor: Shakil H. Jafri

Executive Editor: Manzar Naqvi

Honorary Advisory Board

Haseeb Khan, FCA

Asim Abbas Ashary, CPA

Akhtar M. Zaidi, FCA

Dr. A. Hadi Shahid, FCA

Muhammad Arif

S. Muneer Hussain Rizvi

Khurram Shehzad, CFA

Prof. Zakaria Sajid (KU)

Zahid Bukhari SVP HBL (retd)

Ismat Sabir

Head office

111-C, Jami Commercial Street 11, Phase VII, DHA KarachiTelephone: 92-21-5311893-6 Fax: 92-21-5388428

URL: www.thefinancialdaily.comEmail Address: editor@thefinancialdaily.com

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24- Peshawar Block, Fortress Stadium, Lahore

Telephone: 92-42-6675595 Fax: 92-42-6664349

Email Address: editor@thefinancialdaily.com

The Financial Daily InternationalVol 4, Issue 91

Shabbir Kazmi

Some of the experts say thatthe key reason for all thewoes of Pakistan is highlyirrelevant Education Policy

being followed by the successivegovernments. Education Policy can'tbe prepared without first defining thenational objectives. Then come thepolicy parameters and implementa-tion of the policy in letter and spirit.

Since education provides the basicsof what has to be done and how, thereis also a need to constantly review thecurriculum and make it most contem-porary. Keeping in view the threeimportant components of Pakistan'sGDP 1) agriculture, 2) manufacturingand 3) services, the Education Policymust have the relevant curriculum toprepare those who could managethese segments effectively and effi-ciently.

Pakistan's agriculture suffers frompoor production and productively.Experts are of the view that agricul-ture output can be doubled throughbetter crop management, preciselywithout bringing more area under cul-tivation. This includes sowing superi-or quality high yielding seeds, apply-ing balanced nutrients and timelyspray of insecticides and pesticidesand timely irrigation water. To do allthis farmers have to be educated andonly expert botanists, entomologistsand biotechnologists can providethem the right information. Similarly,on going research on developing bet-ter varieties can be undertaken wheneducated persons of the relevant dis-ciples are available.

Manufacturing sector also sufferfrom obsolescence. For examplemany of the Pakistani spinning unitshas rotors operating at 5,000RPM,whereas the latest models are as fastat 15,000RPM. The fallout is lowerproductivity of the spinning facilities.

Similarly, Pakistan produces cottonverities from which medium to finecounts of yarn could be produced.However, use of obsolete ginningfacilities damage the fiber and onlycourse counts of yarn are produced.Lower value addition keeps cashflows of spinning units poor and theyalso fail in undertaking BMR. The netresult is most of Pakistan's spinningunits are highly inefficient and com-peting the global competitors becomevery difficult. The situation wouldhave been very different if the coun-

try had textiles institutions providingeducation to meet the challenges of21st century. It may be true that pres-ent workforce manages to get the jobsdone but situation would have beenvery different had the things weredone in the most appropriate manner.

Within the services sector two sub-sectors needs highly educated profes-sionals, these are banking and insur-ance. Business schools awarding spe-cialization in commercial bankingand deployment of technology havehelped in improving banking sectorconsiderably but many of the areasremain unaddressed. It has been near-ly a decade that Islamic banking wasintroduced in the country but thestumbling block is highly inadequateavailability of Islamic bankers, mostof the professionals working inIslamic banks have come from con-ventional banking and have an entire-ly different mindset. Similarly,Islamic banks are trying to emulateproducts being offered by the conven-tional banks. Growth of Islamic bank-ing can be accelerated by producingthe right type of bankers and intro-ducing right type of products. Thereis perception that Islamic banks havegiven these products Arabic namesbut the DNA composition is similar ifnot the identical. This perception can

be removed only by the professionalswho have the right education andright expertise.

Over the years it has also becomeevident that people of Pakistan sufferthe most from natural calamitiesbecause of lack of risk mitigation. Tilllately, it was said that conventionalinsurance was not Shariah compliantbut despite commencement of opera-tions by general and family Takafuloperators the situation has notimproved. However, introduction ofcrop insurance has lessened govern-

ment's responsibilities to some extent.Last year financial institutions lentover Rs200 billion to farmers and thisyear the target is over Rs250 billion.The importance of crop insurancewas highlighted in the recent floods.Those farmers and financial institu-tion which has acquired the cover arebetter off as compared to those who

didn't acquire the cover. Having saidthat it is necessary to point out thatthe scheme should be termed 'creditinsurance' rather than crop insurance.Insurance companies and financialinstitutions are working together tocome up with 'comprehensive cropinsurance' scheme. However, the

objective can't be achieved unless thecountry has professionals who haveexpertise in banking as well as insur-ance and also adequate knowledge ofPakistan's agriculture sector.

Computerization or deployment oftechnology in the services sector hasattained significant importance.Online banking, electronic transferspayments through credit/debit cards,ATMs and mobile banking wouldhave not been possible without devel-oping 'technology highways'. A largenumber of bankers, hardware andsoftware engineers, developers andoperators are busy day and night tokeep technology highway free fromhackers, cyber criminals and outrightcheaters. Joining of hands by differ-ent stakeholders is helping in attain-ing synergy, cost optimization andabove all security of the system. Theuse of technology would haveremained a dream had the experiencenot helped in building the confidence.

To produce graduates in right typesof disciplines, there is a need forgreater interaction of academia withtrade and industry. It is encouragingthat professionals working for multi-national companies and top local cor-porations have joined the 'visitingfaculty' of many business schools.Inviting people from trade and indus-try as guest speakers also helps inunderstanding the local environment.

Most of the books used have beenprinted in USA and Europe, wherethe conditions are quite contrary tohow the business is done in Pakistan.The interaction must grow by makingit mandatory for the students to workfor four to six weeks for the localbusiness entities.

Mending education on first priority

It may be true that present

workforce manages to get the

jobs done but situation would

have been very different had the

things were done in the most

appropriate manner.

“

It has been nearly a decade thatIslamic banking was introduced in the

country but the stumbling block ishighly inadequate availability of

Islamic bankers, most of the profes-sionals working in Islamic banks havecome from conventional banking and

have an entirely different mindset.

Winning the media waragainst luxury giantLVMH which beganin earnest this week is

likely Hermes' only realistic chanceof shaking off its unwelcome newshareholder.

LVMH boss Bernard Arnault, whomade his fortune exploiting rivalriesand convincing reticent families tosell shares in their companies, hasshown he is ready to use his trade-mark tactics to add France's lastmajor independent luxury group tohis empire.

The French stock market watchdogAMF said on Friday it planned to for-mally investigate conditions underwhich the No.1 luxury group built upits Hermes stake, having used deriva-tives known as equity swaps to avoiddeclaring threshold crossings.

On Oct. 23, LVMH announced thatit had acquired 14.2 percent ofHermes and could lift its holding to17.1 percent through derivatives,which it did three days later on Oct.26. Hermes management wasinformed of the move only an hourbefore LVMH made the announce-ment.

"Any instrument that allows thepurchase of shares of another compa-ny must be declared," AMF PresidentJean-Pierre Jouyet told RMC Inforadio on Friday. LVMH replied itexpected the investigation to show itrespected AMF rules.

But even if LVMH is condemnedand fined, the worst that could hap-pen is that it would lose its votingrights for two years -- which is of lit-tle importance since Hermes is a lim-ited partnership whose control firmlyrests with family shareholders.

And Arnault is going to play thewaiting game to win Hermes.

"I think the only thing that Hermescan do right now is try to win thecommunications battle with LVMH,"said Etienne Boursican, M&A adviserat law firm SJ Berwin.

"It is its best defence."Hermes needs to make sure Arnault

does not exploit any weak spot hefinds at Hermes which would givecredibility to his assault on the com-pany, Boursican added.

In his battle to win control overGucci, which he eventually lost,Arnault showed he was ready to useall communications tactics possible toreach his goal. For example, hedenied he was seeking control ofGucci just before launching a bid.This time, Arnault said he was notplanning to make a bid for Hermes.

In a rare interview published in LeFigaro newspaper on Wednesday, theheads of Hermes abandoned their tra-ditional discretion to portray Arnaultas a raider whose corporate culturewas worlds apart from that of Hermesand called on him to withdraw.

But Arnault replied on Thursdaythrough the same paper: "I do not seehow the head of a listed company canbe qualified to ask a shareholder tosell his shares. On the contrary he issupposed to defend the interests of allshareholders."

LVMH owns Hennessy cognac,Moet & Chandon, the world's biggestchampagne maker, as well as fashionhouses Dior and Celine and leathergoods maker Louis Vuitton, whichalone, accounts for more than 50 per-cent of group operating profit.

As opposed to LVMH which is anamalgamation of different brands,

Hermes branched out into differentluxury segments, from tableware andready-to-wear to watches and heli-copters.

Hermes is regarded as one of theworld's most prestigious brandswhich managed to preserve its origi-nal spirit as a saddle maker datingback to 1837 while staying in tunewith the times by hiring top fashiondesigners such as Jean-Paul Gaultier.

LIMITED OPTIONSUsing the communications battle to

draw greater scrutiny on Arnault'smotives and means appears be theway forward for Hermes if it wants tostall a potentially disruptive share-holder.

For instance, it could make much ofthe fact that LVMH built up a stakewithout informing it. According toHermes's statutes, any shareholderthat buys more than 0.5 percent of itsshares must declare it to the company.

Hermes's partnership structuremeans that even with 17 percent,LVMH cannot get board representa-tion, influence strategy, block theapproval of accounts or dividend pay-ments.

But LVMH can make life difficultfor Hermes by asking the courts toinvestigate past transactions and sub-mit resolutions at annual sharehold-ers' meeting, legal advisers said.

The descendants of founder ThierryHermes, split between the familiesPuech, Dumas and Guerrand, own 73percent of Hermes.

To cement their unity, family share-holders could hand over all of theirshares to a holding, legal experts said,but the move could backfire as somemight baulk at the idea of losing theability of sell their shares easily in the

market."Also, there are often issues related

to taxes and inheritance which differfor everybody which means that itmight be difficult to find a structuresuitable to all," a Paris-based legaladviser said, declining to be named.

Already last week, some familymembers could not resist the tempta-tion to sell shares after the price hitrecord highs.

According to filings to the AMF,Laurent Mommeja, brother ofRenaud Mommeja, who sits onHermes's supervisory board, soldshares for 1.8 million euros at 189euros a share on Oct. 25.

Hermes stock, which floated at 5euros in 1993, hit a high of 207.7euros last week after LVMHannounced it owned a stake.

With under 10 percent of capitalstill in free float after LVMH acquiredtwo-thirds of Hermes's floating stock,analysts in Paris and London saidthey might even reduce coverage ofthe stock.

But others such as Luca Solca atBernstein, who does not formallycover the stock, said he was plan-ning to take a closer look at Hermes"in anticipation of LVMH growingdeeper into it at some time in thefuture."

Even if Hermes shares are illiquid,Hermes could not delist withoutLVMH's backing and at currentprices, it would cost it 4.4 billioneuros to buy the 27 percent the fami-ly does not already own.

This would imply it would have totake on debt which would reduce itsvaluation -- something family share-holders would not welcome, with orwithout LVMH

Hermes needs to style mediadefence to unsaddle LVMH

Crimean-Congo,a hemorrhagicfever is a wide-spread tick-borne viral dis-

ease, a zoonosis of domesticanimals and wild animals,that may affect humans. Thepathogenic virus is a mem-ber of the Bunyaviridae

family of RNA viruses. TheCongo fever virus causes noapparent illness in animals,except for a mild fever as aresult of the virus circulat-ing in the animal for a veryshort period. Clinical dis-ease is rare in infectedmammals, but commonlysevere in infected humans,with a vast mortality rate.Outbreaks of illness areusually attributable to han-dling infected animals andpeople.

Congo fever is transmissi-ble to humans through con-tact with infected blood,other tissue or a tick bite.People handling livestockduring routine procedures,such as the inserting of eartags, vaccinations orslaughtering of animals, areat risk.

After Dengue's Mosquitoinvasion there's anothercreature, waiting for assail-ing on us at the Eid occa-sion - the Hyalomma tick.These ticks, responsible forspreading the CCHF Congovirus are busy these days onour land.

Congo virus, the causativeagent of Crimean-CongoVirus Fever (CCVF) isendemic in Pakistan. Casesare documented sporadical-ly ever year, mostly at andaround the time of Eid-ul-Adha. At this time of the

year in Pakistan, livestockare brought down to theurban areas from the ruralparts of the country.Animals are housed in openspaces and private housesuntil they are slaughteredduring the 3 days of Eid-ul-Adha.

During the period of thisfestival, people of our land

to be transmitted throughcontact with animals, espe-cially kids. Who meet withtheirs pet friend in face ani-mals like cow or goats.

This allows the CCHFvirus, which is carried by atick that inhabits the animalhide, to be transmitted

through unprotected contactwith live animals as well asthrough contact with animalblood subsequent to itsslaughter.

There is no evidence thatthe Congo fever virus maybe transmitted to humans inmeat processed and maturedaccording to health regula-tions. This virus does notsurvive in meat which iscooked well There is nodanger from the meat once

it is cooked at a temperatureof 100 degrees Centigradeor matured (low pH) or indried blood.

Many human infectionsresult direct from tick bites:

Animals should be treatedwith acaricides (which pro-tect against tick bites) toreduce the number of ticks.Clothing can be treated with

acaricides.People coming into con-

tact with fresh blood are atrisk:

Protective clothing shouldbe worn to avoid exposureof skin to fresh blood andother tissue.

Meat processed and

matured according to healthregulations is not regardedas a risk.

Only buy meat from ani-mals slaughtered at anapproved abattoir.

Moreover, the chances ofamplify CCVF is expectedmore this year. The recentPakistan floods may havecontributed to this upsurgeas a result of changes in riskfactors for these diseases.

"Slaughtering of animals

for Eid usually takes placein parks, streets and onroadsides. This increasesthe chances of people com-ing in contact with theblood tissue of an animaland I need to spread aware-ness about this".

Ectoparasites are blood-feeding parasites that liveon the skin, or can be foundattached to hair follicles ofanimals. According toexperts, these ticks are con-sidered as the primarysource of viral transmis-sions, including Crimean-Congo hemorrhagic fever.

These ticks could befound anywhere, but theywere abundant in areas nearwater, which the animalsvisited frequently.

Suspected casePatient with sudden onset

of illness with high feverover 101.3°F for more than72 hours and less than 10days, especially in CCHFendemic areas and amongthose in contact with ani-mals or other livestock

Clinical featuresn Onset of symptoms

is sudden, with fever,aching muscles, dizziness,neck pain and stiffness,backache, headache, soreeyes and sensitivity to light.There may be nausea, vom-iting and sore throat earlyon, which may be accompa-nied by diarrhoea and gen-eralised abdominal pain.Over the next few days, thepatient may experiencesharp mood swings, andmay become confused andaggressive. After two tofour days, the agitation maybe replaced by sleepiness,depression and lassitude,and the abdominal pain maylocalize to the right upperquadrant, with detectableliver enlargement.n Other clinical signs

which emerge include fastheart rate, lymphadenopa-thy, and a rash caused bybleeding into the skin, bothon internal mucosal sur-faces, such as in the mouthand throat, and on the skin.The petechiae may give wayto ecchymoses and otherhaemorrhagic phenomenasuch as bleeding from theupper bowel, passed asaltered blood in the faeces,blood in the urine, nose-bleeds and bleeding fromthe gums. There is usuallyevidence of hepatitis. Theliver and kidney and lungmay fail after the fifth day

of illness.n The mortality rate

from CCHF is approximate-ly 30%, with death occur-ring in the second week ofillness. In those patientswho recover, improvementgenerally begins on theninth or tenth day after theonset of illness.

The 1st patient suspectedof CCHF in Pakistan wasbrought to the hospital on14 Sep 2010. Since then,5000 more CCHF-suspectedpatients have been admit-ted, 3000 of whom weretested positive by the NIH

The IHR National FocalPoint, Ministry of Health,Pakistan, has notified WHOof 12 deaths, of Crimean-Congo hemorrhagic fever(CCHF). In addition, over5000 laboratory-confirmedcases of dengue feverincluding 50 deaths havealso been reported fromPakistan so far.

Apart from presumptiveseasonal cases of CCHF inBaluchistan, there haveonly been more than 600reliably confirmed caseselsewhere in Pakistan.

In view of the misdiag-noses reported above, inde-pendent confirmation of thenew suspected CCHF casesadmitted to the HFH and the500 apparently NIH-con-firmed CCHF cases isurgently required

Both CCHF and denguefever are endemic inPakistan with seasonal risein cases. However, recently,the transmission of bothCCHF and dengue fever hasintensified in the countrywith increased incidenceand geographic expansion.

A young resident medicalofficer, Dr Husnain Shah ofAyub Teaching Hospital hasdied of Congo fever, thehospital management con-firmed. His younger brotheralso appears to be sufferingfrom the same disease.

Moreover, five doctors,including four female doc-tors and three nurses ofHoly Family Hospital suf-fering from Congo virushave been admitted hospi-tal. This tells how serious itis, at the moment.

The reason of informingyou about this disease isthat we have to make our-selves alert for this diseaseand keep our children awayfrom animals as well asyourselves , if we love yourfamily's and yours health.

Diagnosisn Diagnosis of sus-

pected CCHF is performedin specially-equipped, highbiosafety level laboratories.IgG and IgM antibodiesmay be detected in serumby enzyme-linkedimmunoassay (the "ELISA"or "EIA" methods) fromabout day six of illness.IgM remains detectable forup to four months, and IgGlevels decline but remaindetectable for up to fiveyears.n Patients with fatal

disease do not usuallydevelop a measurable anti-body response and in these

individuals, as well as inpatients in the first few daysof illness, diagnosis isachieved by virus detectionin blood or tissue samples.There are several methodsfor doing this. The virusmay be isolated from bloodor tissue specimens in thefirst five days of illness, andgrown in cell culture. Viral

antigens may sometimes beshown in tissue samplesusing immunofluorescenceor EIA.n More recently, the

polymerase chain reaction(PCR), a molecular methodfor detecting the viralgenome, has been success-fully applied in diagnosis

The treatment of Congo isvery rare. Following arepoints for the treatment todefend your psyche fromCongo

Treatmentn General supportive

therapy is the mainstay ofpatient management inCCHF. Intensive monitor-ing to guide volume andblood component replace-ment is required.n The antiviral drug

ribavirin has been used in

treatment of establishedCCHF infection with appar-ent benefit. Both oral andintravenous formulationsseem to be effective.n The value of

immune plasma from recov-ered patients for therapeuticpurposes has not beendemonstrated, although ithas been employed on sev-eral occasions.n Doctors have said

that the Congo virus maypropagate from one personto another in no time. It hasbeen suggested to parentsnot to take children to hos-pitals because these infec-tions area already spreadingpretty quickly.

Livestock department hasto alert for this and shouldlaunch a 'Tick EradicationCampaign' under which ani-mals affected by tickswould be given injections.They have to start campaignwhich will be initiated tomake the animals safer andprevent viruses from seep-ing into the local populace.

The city administrationalso has to take this threatseriously and they shouldpass their order to livestockdepartment to cope the mat-ter.

"We have asked thedepartment to ensure that allanimals being brought tourban areas be washed withwater containing hypochlo-rite (a chemical that killsmicroorganisms)," "Thiswill help remove ticks fromthe animals.

The livestock departmenthas to set up animal marketsfar away from residentialand commercial areas.

I wish nobody's Eid getsruined by these deadlyticks.

5Sunday, November 7, 2010

Prevention& Control

n Although an inactivated, mouse brain-derived vaccineagainst CCHF has been developed and used on a small scale inEastern Europe, there is no safe and effective vaccine widelyavailable for human use. The tick vectors are numerous andwidespread and tick control with chemicals intended to kill ticksis only a realistic option for well-managed livestock productionfacilities.

n Persons living in endemic areas should use personalprotective measures that include avoidance of areas where tickvectors are abundant and when they are active ; regular exami-nation of clothing and skin for ticks, and their removal; and useof repellents.

n Persons who work with livestock or other animals inthe endemic areas can take practical measures to protect them-selves. These include the use of repellents on the skin, clothingand wearing gloves or other protective clothing to prevent skincontact with infected tissue or blood.

n When patients with CCHF are admitted to hospital,there is a risk of nosocomial spread of infection. In the past, seri-ous outbreaks have occurred in this way and it is imperative thatadequate infection control measures be observed to prevent thisdisastrous outcome.

n Patients with suspected or confirmed CCHF should beisolated and cared for using barrier nursing techniques.Specimens of blood or tissues taken for diagnostic purposesshould be collected and handled using universal precautions.Sharps instruments and body wastes should be safely disposedof using appropriate decontamination procedures.

n Healthcare workers are at risk of acquiring infectionfrom sharps injuries during surgical procedures and, in the past,infection has been transmitted to surgeons operating on patientsto determine the cause of the abdominal symptoms in the earlystages of infection. Healthcare workers who have had contactwith tissue or blood from patients with suspected or confirmedCCHF should be followed up with daily temperature and symp-tom monitoring for at least 14 days after the putative exposure.

Keep your children away from AnimalsEid may get ruined by this deadly Virus.

SymptomsHumans usually show symptoms within 9 days after a tick

bite or contact with infected blood. They get a flu-like illness

and blood spots appear under the skin. More severe bleeding

and liver disease often follow. The fever is usually associat-

ed with headache and muscle pains and does not respond to

antibiotic or anti-malarial treatment.

The symptoms of Congo fever should not be confused with

those of tick-bite fever where a characteristic lesion often

develops in the area of the tick bite.

There are also other diseases which may cause fever and

bleeding under the skin. Diagnosis, therefore, is a specialised

task undertaken by laboratories.

NOTE:-Consult your medical doctor if any suspected

symptoms are noticed

All You Wanted to Knowabout Congo Virus

Congo Virus’s Tick

Once a tick latcheso n t os k i n ,

it oftenmoves to thewarm, moistarmpits andgroin - feed-ing on bloodand passingon any dis-ease it car-ries. A tickbite can alsotrigger an allergic reaction. If

you have a tick, it is impor-tant to removeit properly. Toprevent tickbites, keepyour arms,legs, and headcovered whenoutdoors. Usetick repellantwith DEET.Check forticks afterspending time

in grassy or wooded areas.

Congo-Crimean haemor-rhagic fever was firstobserved in the Crimea

by Russian scientists in 1944and 1945. At that time it wasestablished by studies inhuman volunteers that the aeti-ological agent was filtrableand that the disease in manwas associated with the bite ofthe tick Hyalomma margina-tum. The agent was detected inthe larvae and in adult ticks, aswell as in the blood of patientsduring the fever. This agent,presumably a virus, was notmaintained in the laboratoryand was lost.

Congo virus was first isolat-ed in Africa from the blood ofa febrile patient in Zaire in1956. In 1967 Simpson et al.described 12 cases of a fever-ish illness of which 5 were lab-oratory infections; the viruswas isolated by the inoculationof blood into newborn mice.

Simpson showed that theseviruses were similar to the oneisolated in 1956. Casals thenshowed that the viruses isolat-ed in cases of Crimean haem-orrhagic fever and the Congovirus were serologically indis-tinguishable and demonstratedthat other virus strains fromCentral Asia, the USSR andBulgaria were similar.

The virus has been classifiedas a Nairo virus in the genusBunya virus in the familyBunya viridae. It containsRNA and is inactivated bylipid solvents and detergents.

Laboratory studies haveshown that Congo virus isrelated to Hazara virus isolat-ed from ticks in Pakistan, andto Nairobi sheep disease virus;together they form the Nairovirus group.

In Africa the virus has beenisolated from a variety of ani-mals, including cattle, sheep,

goats, hares and hedgehogs,and from a number of tickswhich parasitize them, includ-ing Hyalomma sp.,Amblyomma variegatum,Boophilus decoloratus andRhipicephalus sp.

The most important trans-mitters of the infection to manare species of the genusHyalomma.

The larval and nymphal

stages of some species para-sitize birds, including migrato-ry birds, some of which flyfrom South-Eastern Europe toSouth Africa and thus maycarry the infection over longdistances. To verify whetherthis actually happens willrequire further study of theticks and their hosts in SouthAfrica and on their way fromEurope.

What is Congo-Crimean

Haemorrhagic Fever?

Ali Zhoraiz jaffri/

Abul Abbas Naqvi

Tron popupshop to sell

Disney is getting all the mileage it can outof the TRON flick set to open next month.We have seen all sorts of clothing, glasses,and other gear unveiled that ties in with theflick including some clothing perfect forgeeky strippers. All that gear is coming toits ownTRON Pop-Up Shop heading toCalifornia.

6 Sunday, November 7, 2010

Latest Gadgets Table connect

for iphoneThe supersized Table Connect is currently

being made by three Austrian developers, and itis a sight to behold. It's a 58? touchscreen tablethat connects to an iPhone 4/3GS, enabling one-to-one control of the phone and of course aginormous screen for viewing content. You caneasily recreate Apple's infamous 1984 commer-cial using FaceTime on this bad boy. Ms kinect

spillsits guts for

ifixitThe dudes over at iFixit just love to rip

stuff apart. Now, on the launch day ofMicrosoft's much anticipated Xbox 360Kinect peripheral, they stripped one of theseset-top gadgets down to its bare essence.

Sixth gen 16GBiPod Nano

Time for another gadget giveaway.This time, we've got a very cool prize,we're giving away the new and latest,recently launched Apple iPod Nano. Ifyou're an Apple or iPod fan, you'll knowthat the new iPod Nano has been com-pletely redesigned into an iPod Shufflelike size device but with the added fea-ture of a 1.54? multitouch display

Interpad 10-inchAndroid tablet

Interpad is a German device manufacturer and

according to them they are working on the above

pictured new 10-inch tablet. This 10-inch capaci-

tive multitouch tablet from Interpad will feature

Google Android 2.1. As for the hardware specs this

tablet uses 1GHz NVIDIA Tegra 2 T20 Cortex-A9

dual core chip and 1 GB of DDR 2 RAM

Galaxy Tab hits storesfirst at T-Mobile, deliv-ers powerful Web and

entertainment experiencesT-Mobile USA, Inc. and

S a m s u n gTe l e c o m m u n i c a t i o n sAmerica (SamsungMobile), announced that T-Mobile will be the first tolaunch the SamsungGalaxy Tab™ in the U.S.T-Mobile's first Android™-powered tablet, the GalaxyTab delivers access to richcontent on a seven-inchtouch screen for a trulymobile entertainment expe-rience. It is expected to beavailable at T-Mobile retailstores and online Nov. 10.

The Galaxy Tab is T-Mobile'ssuper-fast HSPA+ mobile broad-band network, which delivers a

speed boost allowing the 3G-enabled device to load Webpages and videos even fasterthan in areas of 3G coverage2.

The brilliant enhanced TFTscreen and sleek, compact formfactor allow customers to bring

the Galaxy Tab's multimediacapabilities to life for themselvesor to share, combining all theirentertainment and communica-

tion needs into one device."Customers want richer,

deeper interactions withentertainment and onlinecontent through connect-ed, portable mobilebroadband devices thatare small enough to carryand big enough to sharewith friends and family,"said Jeremy Korst, direc-tor of broadband productsand services, T-MobileUSA. "T-Mobile's uniqueofferings on the GalaxyTab paired with the powerof T-Mobile's new net-

work allow us to bring a trulydifferentiated portable enter-tainment offering to market.

T-Mobile USA launchingSamsung Galaxy Tab

Consumer Reports said ithas debunked claims thatMicrosoft's new hands-

free control system for the Xbox360 does not work for AfricanAmericans or other individualswith darker skin tones.

Xbox Kinect uses camerasand other sensors to trackhuman body movements andtranslate them to on-screenactions.

But some blogs, including apost on GameSpot, claimedKinect is unable to detect darkskin tones. Consumer Reports,however, said its tests showthere is no substance to suchclaims.

"Consumer Reports did notencounter this issue with theKinect and facial recognitionwhen we first tested it," staffersat the magazine said in a blog

post Thursday. ConsumerReports said stories suggestingthe Kinect system is "racist"are similar to reports that cer-tain HP webcams are unable todetect African Americanfeatures.

Both claims areunfounded, said themagazine, which notedthat any Kinect per-f o r m a n c eissues aremost likelyrelated topoor lightingconditions,and not theuser's skin color.

"Like the HP webcam,the Kinect camera needs enoughlight and contrast to determinefeatures in a person's face beforeit can perform software recogni-

tion and log someone into thegame console automatically,"Consumer Reports staff said.

The magazine said it testedKinect with both light-skinnedplayers and dark-skinned play-ers. "At no time did it recognize

one player and not the other,"the staffers said.

The Kinect sensor bar fea-tures a camera, audio sensors,and motion-sensing technolo-gy that tracks 48 points ofmovement on the humanbody. That means players can

control on-screenaction simplythrough physical

gestures and verbal com-mands. The sensor bar isdesigned to plug directly intothe Xbox 360 console.

Microsoft formally launchedKinect.

Xbox Kinect Not'Racist', Tests Show

The 4th generation iPhonehas an all new look, newfeel and enough of new

skill. We already captured aglimpse of the iOS4. Butthere's much more: a 1GHzchip, two cameras (Primary &Secondary), HD video and thebright Retina display - thehighest-res screen we've seenso far on a GSM phone.

Let's see how good that is. Key features

n Quad-band GSM andquad-band 3G support with 7.2Mbps HSDPA and 5.76 MbpsHSUPAn 3.5" 16M-color LED-

backlit TFT capacitive touch-screen of 640 x 960 px resolu-tion n Sc ra t ch - r e s i s t an t

glass front and rear, with fin-gerprint-resistant coating n 1GHz Apple A4 SoC;

512MB of RAM n 5 MP autofocus cam-

era with LED flash and touchfocus n 720p video recording

at 30fps

n Wi-Fi 802.11b/g/n n GPS with A-GPS

connectivity; digital compass n 16/32GB storage

options n Accelerometer, prox-

imity sensorand three-axisgyro sensor n

Active noisecancellationwith a dedicat-ed secondarymicrophone n

Standard 3.5mm audiojack, stereoB l u e t o o t hv2.1 n Excellent audio out-

put quality n Slim waistline at only

9.3mm n Secondary front-fac-

ing camera n Some degree of mul-

titasking n Rich App. Store

Main disadvantages

n Hardware design isprone to reception issues n MicroSIM card sup-

port onlyn No Flash support in

the web browsern

No true mul-titasking forall applica-tionsn

F a c e T i m evideo callswork onlyover Wi-Fin

No file trans-fer overBluetooth orUSB Mass

Storage moden No hardware shutter

key for the cameran No FM radio n No stereo speakersn No microSD card slot n No smart dialing n Too dependent on

iTunes for loading multimediacontent

n Poor loudspeakerperformance

As you can see, most of themain disadvantages are simplypassed from one generation tothe next but whatever iPhoneyou're coming from - theiphone 4 will tick most of yourboxes. Upgraders will be usedto the shortcomings, and unbi-ased observers will have lesspoints to complain against.

It just seems some features willremain missing forever. TheiPhone's memory can't be expand-ed and you can't use the thing as anexternal drive (this also means thatfiles are only transferred viaiTunes, again). Bluetooth has beenupgraded to cover not only formusic and calls but a compatiblewireless keyboard too.

The iPhone 4 is ridiculouslyexpensive too. No matter howyou look at it, it's the mostexpensive GSM Smartphone onthe market right now. For thiskind of money, you can getwhatever high-end handset youlay your eyes on. And competi-tion is probably at its fiercest.

Apple - iPhone 4 T h e 4 t h G e n e r a t i o n i p h o n e

There has never been aMacintosh program thathas been so loved, so

reviled, so controversial, sooften purchased, so writtenabout, and so often taken as asignpost for the health and wellbeing of the MicrosoftMacintosh Business Unit as MSWord. A program of this scope,almost like a public figure, hasresponsibilities, flaws, advo-

cates and detractors. The key tounderstanding and usingMicrosoft Word version 14 aspart of the Microsoft Office2011 suite is to leave the atti-tude behind and try to under-stand what the users want andwhat Microsoft tries to deliver.

Another way to approach MSWord is to appreciate whatMicrosoft has done even as werecognize that such a monsterprogram will have flaws. For

example, we in the Macintoshcommunity have come to rec-ognize certain UI elements, cer-tain Core Graphics technolo-gies, certain ways of doingthings as either hip or back-wards. For a long time, theMacBU went its own way, andwhile modern Mac OS X appsleaped into the future, embrac-ing all that Apple advocated,Word 2008 seemed, at times,

antediluvian. Worse, theMacintosh version alwaysseemed a little less capable, alittle less business oriented thanits corresponding app on theWindows side.

Word 2011 (v.14) changes allthat. First, even though it's fun-damentally a 32-bit Carbon app,it has both the look and feel ofits Windows counterpart whilesimultaneously making dramat-ic steps to be more Mac enabled

Microsoft Word2011 is Worththe Journey

The phishing through theFacebook craze.Internet security vendor

Kaspersky Lab reveals thatmalicious code is spreadthrough social networkingsites is 10 times more effec-tive virus, compared with thedistribution of malware viaemail.

"To overcome these phish-ing attacks, see powerful tips;

1. For sites such asFacebook, create a bookmarkto the login page, or typing the

URL directly in the browseraddress bar.

2. Do not click the link inthe email message.

3. Only typing confidentialdata on the website is secure.

4. Check your bank accounts

regularly and report anythingsuspicious to your bank.

5. Search giveaway signs ofphishing email: if it is notintended for personal to you, ifyou are not the only recipientof the email, if there arespelling errors, grammar orbad syntax or stiffness in theuse of other languages.

6. Installing security soft-ware for the Internet and keepupdating anti-virus.

7. Install the security patch.8. Alert to email and instant

messages that are not request-ed.

9. Be careful when the loginrequest Administrator rights.

10. Back up your data.You're safe from facebook

hacking or phishing

Measures toPrevent Facebook

Hacking

Dellswitching offBlackBerry,onto own

smartphone

The money-saving switchaffects the roughly25,000 Dell employees

who carry a company-issuedBlackBerry. Dell employsaround 100,000 people world-wide.

Dell is also launching aneffort to convince its businesscustomers to switch to the com-pany's smartphone.

News of the company's planswas first reported by the WallStreet Journal, and confirmedby Dell spokesman DavidFrink.

Frink said the switch willbegin soon, but said it will takesome time to complete.

Dell's BlackBerry users willbe shifted over to use the newDell Venue Pro, which runs onMicrosoft's new WindowsPhone 7 software and operateson the network of T-MobileUSA, the U.S. arm of DeutscheTelekom AG.

Dell's decision to move itsemployees off BlackBerrymay come as little surprise,given its aspirations in themobile device market. Thecompany has frequently talkedabout using handheld devicesas a gateway to sell and pro-mote a broader suite of servic-es. Dell formally entered thesmartphone market only latelast year, and launched its firstdevice in the U.S., the Aero,earlier this year. The Aero runson Google's Android software,as does Dell's new 5-inchtablet, the Streak.

RIM has long been the dom-inant player in the corporatesmartphone market, but hasseen its market share erode ascompanies such as Applemake gains.

1202 2,100

1203 2,050

1208 2,200

1209 2,250

1280 2,075

1616 2,350

1661 2,625

1650 3,250

1680 Classic 3,650

1800 2,750

2220 Slide 4,300

2330 Classic 4,450

2600 Classic 4,950

2690 5,300

2700 Classic 6,700

2730 Classic 7,900

3600 slide 12,900

3610 Fold 9,600

5030 3,025

5130 7,800

5220 10,400

5230 13,400

5233 12,200

5310 12,400

5320 14,900

5530 17,300

5630 17,200

5730 23,000

5800 21,700

6120 11,700

6220 Classic 17,900

6300 10,800

6303 11,300

6303i 10,700

6600 Slide 18,900

6600 Fold 19,000

6700 Classic 19,800

6720 Classic 20,200

6730 Classic 15,200

6760 Slide 18,800

7210 8,550

7230 10,750

7310 11,000

7510 14,000

7610 13,200

C1-00 3,200

C5 14,200

E5 21,300

E52 21,200

E55 23,000

E63 16,800

E66 20,000

E71 21,300

E72 27,500

E75 24,000

N78 19,800

N79 26,300

N82 26,000

N85 8GB 22,800

N86 31,500

N95 8GB 36,000

N96 36,500

N97 39,000

N97 mini 33,000

N900 39,500

X2 9,800

X3 11,900

X6 16GB 31,500

X6 57,000

T303 8,700

T707 16,800

W302 9,600

W380i 8,800

W350i 7,700

W395 9,700

W595 13,200

W705 19,000

W980 18,200

W902 43,500

W995 25,600

F305 9,400

S302 8,200

C510 12,700

C901 14,800

C902i 15,600

C903 16,100

C905 21,400

G502 14,500

G700 12,800

XPERIA X1 33,000

Aino 30,800

Jalou 17,300

U100 Yari 18,700

Satio Idou 38,700

B130 2,050

B200 2,600

B220 Guru 3,900

B300 3,600

B3210 CorbyTXT 9,700

B3410 12,000

B3410W Chat WIFI 13,400

B5722 15,400

B7300 OMNIALite 24,000

B7320 Omnia PRO 19,200

Guru B100 2,450

E1080 2,200

E1100 2,450

E1125 3,200

E250 5,200

D980 (Dual Sim) 20,300

J150 6,550

J700 7,550

M150 5,100

M200 6,200

M620 6,250

M3510 Beat b 9,200

M3710 Corby Beat 12,700

M7500 Armani 30,300

M7603 Beat DJ 32,000

M8910 Pixon 12 40,600

C3010S 5,700

C3053 6,000

C3212 8,000

C3303k Champ 7,600

C3510 Genoa 8,800

C5212 DUOS 9,800

S3310 7,900

S3653 Corby 10,600

S3653 WIFI 13,400

Star S5230 11,000

S5230W Star WIFI 12,300

S5350 Shark 12,000

S5550 Shark 2 14,500

S5560 Marvel 15,600

S5620 Monte 15,500

S7220 Ultra b 21,000

S7350 Ultra s 22,100

S8003 Jet 24,000

S8300 Tocco Ultar Edition 28,200

KP110 3,700

KP199 6,600

KP220 6,500

KP320 8,500

KP175 5,950

KG288 2,450

SYED ABUL ABBAS NAQVI

Nokia

Mobile Prices

Updated on 5 November, 2010

Samsung

Sony Ericsson

LG

NOTE:

Always visit your local shop for the exact

Mobile Phone prices.

Sunday, November 7, 2010 7

NEW YORK:PerkinElmer Inc reportedslightly better-than-expect-ed third-quarter earnings,driven by growth in itsenvironmental business,and it nudged its full yearearnings forecast higher.

PerkinElmer nowexpects full-year adjustedearnings per share of $1.29to $1.31, up from its priorview of $1.24 per share to$1.29 per share.

The quarterly results andforecast exclude contribu-tions from the specialtylighting business that thecompany said in August itwould sell for about $500million in a deal expectedto close this year. Thatbusiness would have con-tributed about 23 cents ashare to annual earnings.

The scientific instru-ments maker is aiming touse proceeds from the saleto make an acquisitionmore closely aligned withits core operations than thelighting unit had been.

"Our first preference is tobuy another business tomore than replace theincome, or we will buyback shares inPerkinElmer. It will proba-bly be a combination ofboth," Chief ExecutiveRobert Friel said in a tele-phone interview.

An acquisition would

likely be targeted to thediagnostics space, the CEOsaid. PerkinElmer is alsoconsidering consumables,reagents or services asacquisition targets asopposed to instruments,Friel said.

The company reportedthird quarter earnings fromcontinuing operations of$26.5 million, or 22 centsper share, compared with$13.3 million, or 11 cents ashare, a year ago when thecompany took a restructur-ing charge.

Excluding items,PerkinElmer earned 31cents per share, toppinganalysts' average expecta-tions by 2 cents, accordingto Reuters.

Revenue from continuingoperations for the quarterrose 11 percent to $419.1million, topping WallStreet estimates of $401.9million. The environmentalhealth business saw rev-enue grow 14 percent to$224.6 million, while thehuman health unit hadadjusted revenue growth of5 percent to $194.5 million.

"We are seeing goodgrowth on the academicside of things in research,but on the drug companyside we're seeing con-strained capital expendi-tures," Friel said of the lag-ging human health growth.

Sales in newborn screen-ing have been hurt bydeclining birth rates in theUnited States this year, henoted.

But anxiety over foodand water safety and newregulations spurred theenvironmental business torobust growth. "Safetyconcerns around consumerproducts is driving demandfor our products," Frielsaid.

The company has landeda big contract with Chinesehealth regulators that isexpected to bare fruit inthe fourth quarter andthroughout 2011, Frielsaid.

"We reached agreementto supply them with over200 instruments to monitorpharmaceutical manufac-turing compliance.They're outfitting a num-

ber of labs across the coun-try and they're standardiz-ing on PerkinElmer equip-ment, so that was a big winfor us," Friel said, addingthat PerkinElmer alsorecently won a contractwith a government lab inBrazil around screeningfor drug discover.

"We're starting to seesome real traction from theinvestments we've madehistorically in some of theemerging territories," hesaid. -Reuters

PerkinElmer Q3 profit tops Street view

NEW YORK: Pfizer Increported disappointing saleson hurt by generic competi-tion for its Lipitor cholesterolfighter and Effexor XRdepression drug as well asweak revenue in emergingmarkets.

The last of the large USdrugmakers to report third-quarter earnings, Pfizer fol-lowed the example of mostrivals with higher-than-expected profits -- largelyfrom cost cuts -- but disap-pointing sales as it facespatent expirations on some ofits top-selling products.

"Generic competition iscausing pain, and this is just ataste of what Pfizer will begoing through in the next fewyears," said Morningstar ana-lyst Damien Conover.

The world's largest drug-maker, whose shares fellmore than 1 percent, saidglobal sales of Lipitordropped 11 percent to $2.53billion in the quarter. Thearrival in recent months ofLipitor generics in Canadaand Spain hurt the world'stop-selling medicine.

The bigger threat to Pfizercomes in November 2011,when Lipitor loses U.S. mar-keting exclusivity. Pfizerbought Wyeth last year for$67 billion, aiming to replacevanishing Lipitor revenuewith the U.S. rival's brands.

Effexor XR, a Wyeth anti-depressant that once hadannual sales of $3 billion,was battered by cheaper U.S.generic versions launchedover the summer. Sales of the

pill plunged to $175 millionin the third quarter. "As withthe rest of the industry, patentlosses are hurting the bottomline, and it's always especial-ly tricky to gauge the realmagnitude of patent erosionin overseas markets,"Conover said.

Pfizer is also countingheavily on fast-growingemerging markets to bolsterresults in coming years. Butits sales in those markets,excluding the Wyeth brands,were essentially flat in thequarter. The company's earn-ings fell to $866 million, or11 cents per share, from$2.88 billion, or 43 cents, ayear earlier. Excluding merg-er costs and other specialitems, Pfizer earned 54 centsper share.

Pfizer sales lag, hurt bygeneric Lipitor, Effexor

NEW YORK: Once considereda reliable haven for investors,the Healthcare market endured amajor shake-up this year, andthe industry is still trying to pickup the pieces.

The US government passedHealthcare reform measuresthat impose a wide array of feesand regulations on health insur-ers, pharmaceutical companies,medical device makers and therest of the sector.

While the law paves the wayfor 30 million uninsuredAmericans to gain coverage --meaning a wealth of new cus-tomers -- they will not come onboard for a few years.

That comes on top of thebiggest wave of patent expira-tions in the history of the phar-maceuticals industry, which willreach a peak in 2011 and 2012.

"Healthcare used to be adefensive sector, but thosecharacteristics are waning,"said FAF Advisors Healthcareanalyst Tim Nelson. "It's notbullet-proof anymore becausethe consumer is involved."risen only 1 per cent, while thebroader S&P 500 index hasclimbed 9.5 percent.Healthcare companies in theindex on average trade at abouta 12 percent discount to thebroader market based on for-ward earnings estimates.

But that does not necessarilymake them cheap, given theconcerns over how they willgrapple with new regulations,generic competition and a moveby government in the UnitedStates and Europe to rein inHealthcare costs.

"Healthcare stands out as anunderperformer," said Les

Funtleyder, a portfolio managerwith Miller Tabak. "The onebroadest conclusion you have isfears about reform."

Nelson said investors mayneed to lower their expectations.

"Healthcare is becoming moreof a value sector versus agrowth sector, or stuck in themiddle somewhere," he said."You can get growth at a reason-able price, but it's not the go-gogrowth of three or four yearsago."

Top executives and officialsfrom the Healthcare sector willaddress these issues and moreduring the Reuters HealthSummit in New York nextweek.

MORE PRICING PRES-

SURE LOOMS

The Healthcare industry isalso finding that sales of prod-ucts and services once immuneto economic downturns areslowing as consumers search forways to save money.

"Shifting Healthcare costs toconsumers helps employerssave money. It's the new way ofthe world," said Nelson."Increased regulatory require-ments mean less innovation,less differentiation and morepricing pressure for the foresee-able future."

Some of the pressure on USinsurers and other Healthcarecompanies may lift now that theRepublican party has taken amajority of seats in the USHouse of Representatives inmidterm elections.

Republican representativessay they want to repeal theHealthcare reform law. Butwhile that is unlikely, the splitleadership of the House and

Senate could create legislativegridlock that stalls the overhaul.

Still, companies have alreadystarted to bear expenses fromthe new law, and investors aretrying to wrestle with the extentof the changes ahead.

"Either the revenue side ofthe equation will go down,like you get less reimburse-ment or fewer people, or thecosts will go up because youhave to comply with new reg-ulations," Funtleyder said,describing investor fears overreform.

For drug companies, thedrumbeat of patent expirationsbecomes deafening next year.Led by Pfizer's Lipitor, a waveof top-selling drugs will losetheir patents and sales will bequickly eroded by low-costgeneric copies.

"Pharma is probably facingmore challenges than they havefaced in recent memory," saidJim Prutow, partner with con-sulting firm PRTM. "They'rechallenged in how they goahead and continue to meetthese revenue and earningsthey've been able to produce inthe past."

Companies of all stripes areconfronting their challenges bydiversifying, cutting costs andinvesting in new, internationalmarkets, particularly the emerg-ing economies.

And some seem intent on buy-ing their way out of their prob-lems. The latest major deal sagainvolves the $18.5 billion hos-tile bid byFrance's Sanofi-Aventis for US biotechGenzyme Corp, after mega-mergers struck by Pfizer andMerck & Co.-Reuters

Healthcare sector seeksremedies as market shifts

Diabetesdrugs may

help controllung cancer

WASHINGTON: Commonlyused diabetes drugs such asmetformin may help controllung cancer, and may help pre-vent it, US researchers report-ed.

Patients who had taken thedrugs to control diabetes weremuch less likely to have lungcancer spread -- which is whenit becomes most deadly -- theresearchers told a meeting ofthe American College of ChestPhysicians.

Metformin, an older andcheaper drug available generi-cally, had a more powerfuleffect than newer drugs calledthiazolidinediones, TZDs orglitazones, the researchers said.

"Our study, as well as otherresearch, suggests an associa-tion between metformin and/orTZD use and the risk of devel-oping lung cancer," said Dr.Peter Mazzone of theCleveland Clinic in Ohio, wholed the study. "However, uniqueto this study, we have been ableto report less advanced cancerin those who do develop cancer,a decreased frequency of squa-mous cell and small cell carci-nomas, and improved survival,when controlled for stage, inpeople taking metformin and/orTZDs." The team reviewed themedical records of 157 lungcancer survivors with diabetes.

Those who had taken either ametformin drug or a TZD weresignificantly less likely to haveadvanced lung cancer that hadspread -- 20 percent of thosewho took the drugs had tumorsthat had spread, versus 42 per-cent of those who had not.

PARIS: A scientist looks through an electronic microscope a certification hologram patch on a

medicine box in a laboratory of the French pharmaceutical giant Sanofi-Aventis. -Reuters

KARACHI: Prof Manzoor Zaidi delivering a lecture on "Breast Cancer Awareness" at Pfizer

Pakistan's head-office.-Staff Photo

Officials said that the bomber wanted to target a pro- govern-ment tribal elder, who was believed to be in the mosque for Fridayprayers.

Around 100 people were killed in a suicide attack on tribalcouncil or jirga in Darra Adam Khel one and half year ago.

The security forces had launched major operation in the regiontwo years ago and killed or expelled militants. -Agencies

Continued from page 1No #1

several MQM leaders, Dr Imran's mother-in-law and other in-laws received the body at the airport.

At the airport, the MQM leaders wrapped the coffin of DrImran's body in party's flag and placed the coffin in an ambulanceof Khidmat-e-Khalq Foundation.

The entire route of the coffin motorcade was secured. The largemotorcade consisted many vehicles was air-monitored by two hel-icopters of law-enforcers. From Karachi Airport to Star Gate,Rashid Minhas Road, from Nipa Bridge to Azizabad was clearedunder VIP-level security.

Rehman Malik, and Governor Ebad aboard a helicopter, air-inspected the security in the city through the route of cavalcade,carrying the coffin of Dr Imran Farooq.

Also, the snipers were positioned on rooftops and people wereasked not to appear on their rooftops. However, people in largenumber were seen witnessing the cavalcade passing.

On the other hand, an unannounced strike n Saturday crippledthe commercial hub of Pakistan amid burial of the slain MuttahidaQaumi Movement leader DR Imran Farooq.

Continued from page 1No #2

wisdom will have to be tapped in for decisions and the respon-sibility of judges' appointments will be shouldered in transparentand agreeable manner.

According to the sources, the meeting hammered out thatRegistrar SC Faqir Hussain will be Secretary of the JC and thatevery JC meeting will be held in camera and record of its proceed-ings would be kept.

The commission comprises Justice Javed Iqbal, JusticeShakirullah Jan, Justice Chaudhry Ijaz Ahmed, Law MinisterBabar Awan, Justice (Retd) Attorney General Maulvi Anwar-ulHaq, and Pakistan Bar Council nominee Dr Khalid Ranjha.

Chief Justice of the Federal Shariat Court (FSC), Justice AghaRafiq Ahmed Khan, was also attending the meeting. Twenty-fiverepresentatives of the FSC and the four High Courts were presentat the meeting. Meanwhile, Justice Shakirullah Jan was out of thecountry and could not attend the meeting.

Continued from page 1No #3

The investigation officer, pleaded that no Challan could be sub-mitted against the accused in given circumstances.

The court, however, rejected the interim Challan, and orderedthe police to arrest the accused.

It is to be recorded that the Shershah bridge had collapsed onSeptember 1, 2007 just six months after its inauguration by thethen president General rtd Pervez Musharraf raising fingers on theprofessional competence of the NHA.

Continued from page 1No #4

investment because of tremendous investment opportunities inpower, oil and gas, agriculture, pharmaceutical, food processing,financial, mining and other areas.

President said that at the time of global economic recessionPakistan's financial sector showed tremendous resilience and nota single bank went into bankruptcy, whereas many economies ofthe world suffered huge economic losses.

Mehfooz Elahi said that almost all sectors of the economy areopen for investment with attractive incentives that gives Pakistanan edge over all its regional competitors.

The Government has declared Power sector as one of the toppriorities for Investment and is taking necessary measures to builda more conducive environment by simplifying procedures to facil-itate potential investors, he added. -APP

Continued from page 8No #5

Mumbai attacks, which killed 166 people, on Lashkar-e-Taiba."The government of India was requested to facilitate the visit of

the proposed commission," the statement said.

Continued from page 1No #6

Ansari said two Pakistani nationals, who he identified only asHekmat and Muneer, were also involved in preparing the four sui-cide bombers in Quetta. -Reuters

Continued from page 8No #7

He told that notification for formation of Islamabad High Courthad been issued and it would start functioning from December,13. Judges to be appointed in Islamabad High Court would betaken from all the four provinces and Fata, he pointed out.

Today was historical day in the history of Pakistan when judi-cial commission had assembled for the first time and seniorjudges, law ministers, chief justices of high courts and electedrepresentatives of bar councils had exchanged views on the pro-cedure for appointment of judges and approved rules and regula-tions, he maintained. -Online

Continued from page 8No #8

mistakes but at some points their hands were tied. Addressing aseminar organized by SAFMA in Islamabad, he said that inflationhas touched skies and the government was being abused. Butmedia and other pressure groups were evading taxes and the trendhas to be changed now, he added. He said that subsidy in differentsectors was being ended and hike in petrol prices was necessaryto avoid Rs 100 billion deficit. He said that 28 out of 32 points ofCharter of Democracy were implemented. -Agencies

Continued from page 8No #9

coal for electricity production. He said progress has been madein the Thar coal project and government should would the subsidyto investors of the project.

Raja Pervez further said that President and PM directed him toutilize all sources for cheap electricity production.

Replying to a question he said that they generate 100MW, elec-tricity from Thar coal project every year. -Online

Continued from page 8No #10

movement. "I have been to Quetta and I know the council thereis not talking." In an interview, he said the handwritten scribblednotes started appearing in mosques shortly after news of Karzai'speace overture was broadcast around the country. In the past,Mullah Omar has used notes and sometimes audio recordings toget his message across. "We heard it on the radio," the Talibanmember said of President Karzai's overture and reports of contactsbetween the Taliban and the government. "No one in our villagehas televisions," explained the man, who has played an integralrole in the Taliban for the past 15 years and has been interviewednumerous times since the 1990s.

Even if the top Taliban leadership did not participate, a numberof exploratory talks have taken place with the militants over thepast two years, according to lawmakers, peace council delegatesand former and current members of the Taliban.

The talks were held in various places, including Saudi Arabia,the United Arab Emirates and Afghanistan, said Habibullah Fauzi,a peace council member who once served as the Taliban's ambas-sador to Saudi Arabia. -Reuters

Continued from page 8No #11

According to TCP here, the objective for off-loading sugar inthe open market from a dedicated quantity of 250,000 MT, on theinstructions of the Ministerial Committee on Sugar is to ease itsprices in the country.

The tender for the sale of 50,000 MT sugar was floated onNovember 3, 2010 with opening and bidding dates of November6, 8, 10, 12 and 15. The next tender is scheduled to be opened andawarded on November 8, 2010. -APP

Continued from page 1No #12

"Further information has been sought from India to facilitate theongoing Mumbai trial in Pakistan." An anti-terrorism court inRawalpindi indicted the seven men on the eve of the first anniver-sary of the attack, which ended a fragile peace process andstrained ties between the neighbours.

But Pakistani officials have since implied that the trials cannotproceed unless Kasab is handed over as a witness. However, NewDelhi has refused to give the court access to Kasab and Indiannational Fahim Ansari, who faced conspiracy charges but wasacquitted. Kasab, one of 10 gunmen who went on the three-dayrampage through Mumbai, was convicted on charges includingmurder and waging war on India. -Agencies

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MUMBAI: US President Barack Obama speaks as first lady Michelle Obama stands

besides him here on Sunday at Taj Palace Tower Hotels. -Reuters

LAHORE: Provincial Ministerfor Finance and Planning &Development Tanvir AshrafKaira has said that terroristswant to impose their separateagenda in the country and cre-ating anarchy by targetinginnocent people in mosqueswhile the terrorists are targetingmosques by using their brutaltactics and their nefariousdesigns have been exposed.

In a statement issued here onSaturday, the Minister con-demned the bomb blasts inDara Adam Khel and Peshawarand said that terrorists are dam-aging the economy of the coun-

try and present government willovercome this critical nationalissue by curbing this menaceand laid foundation of peacefulPakistan with the cooperationof people and all political par-ties.

He said that all politicalforces will have to work shoul-der to shoulder with govern-ment in the war against terror-ism as well as for the progressand development of the coun-try.

He said that war against ter-rorism can only be won throughpolitical stability and put ourcountry on the road of progress

and prosperity. He said that ter-rorists are now targeting inno-cent people.

He said that terrorists want toimpose their separate agendabut government and lawenforcement agencies will notlet their conspiracy succeed. Hesaid that extremists are the ene-mies of Islam and humanityand such element would becursed for the safer future ofcountry and nation.

Meanwhile, FederalInformation Minister QamarZaman Kaira has admitted thatthe government made some

See # 9 Page 7

Economy hit hardby terrorism: Kaira

28 out of 32 points of CoD implemented

MUMBAI: President BarackObama Saturday announced10 billion dollars in tradedeals with India that he saidwill create 50,000 US jobs, ashe sought to show Americansan economic dividend fromhis state visit.

Obama made the announce-ments, and also unveiled amajor reform of US exportcontrols to benefit trade withIndia, in a speech to US andIndian businessmen and entre-preneurs soon after arriving inIndia's commercial capitalMumbai.

"As we look to India today,the United States sees anopportunity to sell our exportsin one of the fastest growingmarkets in the world.

"For America this is a jobs'fair. As we recover from thisrecession we are determinedto rebuild our economy on astronger foundation forgrowth."

"Part of that foundationinvolves doing what Americahas always been known for,discovering and creating andbuilding the products that are

sold all over the world."US President Barack Obama

urged India to relax trade andinvestment barriers to boosteconomic relations betweenthe world's two largestdemocracies.

Obama, who is on a three-day visit to India, told a busi-ness audience in financial hubMumbai that the country mustmake "a steady reduction inbarriers to trade and invest-ment" in sectors from retail totelecommunications.

"We want to work with youto remove the barriers," hesaid.

Washington wants a levelplaying field for its compa-nies in India and has calledon New Delhi to ease restric-tions to foreign investment insectors such as retail,defence, agriculture andinsurance.

"Our trade with India is stillless than our trade with theNetherlands," Obama said. "Ihave no doubt we can domuch better -- there is no rea-son why this nation can't beone of our top trading part-

ners."The deals announced by

Obama include major ven-tures and sales by several topUS blue chips firms, includingBoeing and GE.

Earlier after signing the vis-itors' book at the Taj MahalPalace and Tower Hotel here,President Obama said helooked forward to deepeningcounter-terror cooperationwith India.

"I look forward to deepen-ing counter-terror cooperationwhen I meet Prime MinisterManmohan Singh," Obamasaid.

India and the US were work-ing more closely than ever tokeep their people safe, Obamasaid.

He described the Taj hotel,his first halt at the start of ahectic India visit, as "a symbolof strength and resolve" forwithstanding the horrific ter-ror attack of 2008.

"Taj has been a symbol ofstrength and resolve.Mumbai has been a symbolof incredible energy," Obamasaid. -Agencies

Obamaannounces$10bn Indiatrade deals

RAIWAND: Quaid PakistanMuslim League (PML-N)Mian Mohammad NawazSharif Saturday made it clearthat the Obama administrationhas to remove reservation ofPakistan people, adding that,mistrust between Pakistan andUS can not be eliminated with-out stopping US drones attackin country's tribal areas.

Talking to newly appointedUS ambassador in PakistanCameron Minter here, theQuaid PML-N said that hisParty would continue its effortfor durable democracy in thecountry. During the meeting,country's Political situation,

war against terrorism, Pak-USrelations and matters of mutualinterest were discussed inlength, sources informedOnline.

Chief Minister PunjabShahbaz Sharif, Senator IshaqDaar and Opposition leader inthe National AssemblyChaudhry Nisar Ali Khanwere also present on the occa-sion.

Quaid PML-N MianMohammad Nawaz Sharifasked the US ambassador toPakistan to understand theGround realities of Pakistan inconnection with war againstterrorism. He said US should

halt drone strikes immediatelybecause it is Proving counter-productive.

He also underscored the needof stronger relations betweenPakistan and US. The ChiefMinister Punjab thanked theUS Ambassador over his coun-try's assistance for rehabilita-tion and reconstruction offlood affected areas.

American Ambassador toPakistan Cameron Minter saidthat his country is eager toestablish strong ties withPakistan at Public level anddifferent development schemesand Projects are being imple-mented in this regard.

Mistrust mars Pakties with US: Sharif

KABUL: Scribbled notes fromTaliban leader MullahMohammad Omar have sur-faced in mosques all overAfghanistan's Pakhtun heart-land, threatening death to any-one who takes up a governmentoffer to negotiate for peace,according to a long-timeTaliban member.

Trying to quash rumours of abreak in their ranks, the Talibanalso have vehemently deniednews reports that representa-tives of the militant group wereinvolved in negotiations withthe Afghan government.

The leadership could be wor-ried that commanders mightstrike separate deals that wouldthreaten to undermine the mili-tancy and cripple the morale oftheir rank-and-file fighters.

President Hamid Karzai hasmade reconciliation a top prior-ity and recently formed a 70-member High Peace Council tofind a political solution to theongoing conflict. At the sametime, the US-led coalition hasramped up its military cam-paign in an effort to poundTaliban commanders to thenegotiating table.

There are no signs that eitherstrategy is having much effecton the senior Taliban leadership.

A veteran Taliban memberwho reportedly visited the pow-erful Shura, or council, inQuetta controlled by MullahOmar said there was no talk ofnegotiation among those whocontrolled the militancy.

"None of the big Taliban istalking," the bulky, beardedTaliban member said on condi-tion of anonymity for fear ofreprisal from both the govern-ment and the religious

See # 11 Page 7

Taliban threaten tokill all talking peace

WASHINGTON: Americanmilitary commanders wantIndia to formally reject anIndian military doctrine theysay is fuelling tensions withPakistan and hindering theAmerican war in Afghanistan,the New York Times reportedSaturday. New Delhi deniedany such doctrine even exists.

But administration officialssay they do not expectPresident Barack Obama to

broach the subject of the doc-trine, known informally as ColdStart, the daily said.

At the most, it quotedunnamed officials as saying,that Obama will quietly encour-age Indian leaders to do whatthey can to cool tensions withPakistan.

"That would be a victory forIndia, which denies the veryexistence of Cold Start, a planto deploy new ground forces

that could strike inside Pakistanquickly in the event of a con-flict," it said.

"India has argued strenuouslythat the US, if it wants a wide-ranging partnership of leadingdemocracies, has to stop viewingit through the lens of Pakistanand the Afghanistan war.

"It is also a victory for thosein the administration who agreethat the US and India shouldfocus on broader concerns,

including commercial ties, mil-itary sales, climate change andregional security.

"However vital the Afghanwar effort, officials said, it haslost out in the internal debate topriorities like American jobsand the rising role of China."

Gen. David H Petraeus, thetop commander in Afghanistan,is among those who havewarned internally about the dan-gers of Cold Start, according to

American and Indian officials.Adm. Mike Mullen, chairman

of the Joint Chiefs of Staff, andRichard C. Holbrooke, the spe-cial representative toAfghanistan and Pakistan,share these fears.

The Times said the strategycalls for India to create fast-moving battle groups that coulddeliver a contained but sharpretaliatory ground strike insidePakistan within three days of

suffering a terrorist attack bymilitants based in Pakistan, yetnot do enough damage to set offa nuclear confrontation.

Pakistani officials have toldthe US that worries about ColdStart are at the root of theirrefusal to redeploy forces awayfrom the border with India sothat they can fight Islamic mili-tants in the frontier region nearAfghanistan.

The administration raised the

issue of Cold Start inNovember last year whenIndian Prime MinisterManmohan Singh visitedWashington, the daily said.

Indian officials respondedthat the strategy was not agovernment or military poli-cy, and that India had no plansto attack Pakistan. And so,they added, it should have noplace on Obama's agenda inIndia. -Reuters

Obama not likely to push India hard on Pak: NYT

ISLAMABAD: OlegGorbulin, Chief Executive,National Investment Agency,Russia visiting IslamabadChamber of Commerce &Industry said that RussianInvestors are interested for jointventures investments inPakistan and urged for provid-ing investment opportunities inSpecial Economic andInvestment Zones in Pakistan.

According to handout issuedhere on Saturday, he said thatRussia is interested to enhanceinvestment through joint ven-tures and collaboration in dif-

ferent areas.Gorbulin said that both coun-

tries should work on the plansof cooperation to strength thetrade and economic ties.

He expressed the desire ofinvestments in power sector tomeet the energy demands ofPakistan. He said that invest-ments can be made in coal andhydropower sectors to generateelectricity.

Gorbulin also identified areasof mining, copper and gold forRussian investments andexpressed the hope that visit ofPresident of Pakistan to Russia

in next month will open up newhorizons of cooperation andenhancing trade and investmentopportunities.

Mehfooz Elahi, President ofIslamabad Chamber ofCommerce & Industry said thatthrough Agreement ofEconomic Cooperation,Pakistan and Russia can worktogether to join hands in vari-ous sectors.

He giving the details ofinvestment said that Russianinvestors should see Pakistan asan excellent place for

See # 5 Page 7

Russia eyes PakSEZs for investment

Steps afootto quell

power crisis:Ashraf

KARACHI: Federal Ministerfor Water and Power RajaPervez Ashraf has said thatgovernment is taking everypossible step to control theelectricity shortfall in the coun-try. He said Prime Minister hasdirected that the industrialareas of Karachi would not beaffected from load shedding.

Addressing a press confer-ence here on Saturday, the fed-eral minister said that Thar coalis asset of the country and thegovernment will utilize Thar

See # 10 Page 7

Awan hints at 19thamendment

ISLAMABAD: FederalMinister for Law Dr BabarAwan has said that 19th amend-ment will have to be brought inthe parliament to approve therecommendations made bySupreme Court pertaining to18th amendment in its order.

"The way the parliament haspassed 18th amendment unani-mously, 19th amendment willhave to be brought for approvalof recommendations and pro-posals sent by the SC throughshort order pronounced in thepending hearing case of the18th amendment", he said thiswhile talking to media menafter the meeting of JudicialCouncil here Saturday.

See # 8 Page 7

Arrests madeover Afghan

UN raidKABUL: Afghan securityforces have detained threeinsurgents they blame for anattack on a UN compound lastmonth and believe they havelinks to Afghan Taliban leadersbased in Pakistan, security offi-cials said on Saturday.

Four Taliban suicidebombers, dressed as police andwomen, attacked the mainUnited Nations compound inHerat city, a commercial hub inAfghanistan's west, on October23. All four were killed andthere were no casualties amongUN staff.

The pace and scope of suchsecurity transfers will deter-mine when and how many for-eign troops can leaveAfghanistan.

Sayed Ansari, a spokesmanfor Afghanistan's NationalDirectorate of Security (NDS),said one of the three detainedmen, identified as NoorMohammad, had been respon-sible for transporting the foursuicide bombers from Quetta inPakistan.

The bombers were takenfrom Quetta through southernKandahar province, the birth-place of the Taliban, to Herat,Ansari said.

Ansari said the attack wasdirectly connected to the"Quetta shura", the seniorAfghan Taliban leadershipbased in Quetta in Pakistan'sBaluchistan across the borderfrom Kandahar.

"The attack took place underorders from Mullah EsmatullahSamangani, who is a currentmember of the Taliban's Quettashura and now lives inPakistan," Ansari told a newsconference.

See # 7 Page 7