Palm oil imports increase

Palm oil imports witnessed an increase of 35.95 percent during the first half of the current fiscal year as against the corresponding period of last year.

In terms of quantity, the palm oil imports witnessed increase of 6.16 percent by increasing from 1,039,292 metric tons last year to 1,103,360 metric tons during the current fiscal year.

On the other hand, the soyabean oil imports decreased by 0.62 percent during the period by going down from $35.201 million last year to $34,042 million this year, the data revealed.

In terms of quantity, the soyabean oil imports decreased from 36,613 metric tons to 26,414 metric tons, showing negative growth of 27.86 percent.

Meanwhile, the palm oil imports during December increased by 5.02 percent and 17.90 percent as compared to those in November 2011 and December 2010, respectively.

The palm oil imports during December 2011 were recorded at $222.957 million as compared to $212.305 million in November 2011 and $190.734 million in December 2010, the PBS data revealed.

However, soyabean imports during December 2011 decreased by 54.73 percent as compared to the same month of last year.

The soyabean imports during December 2011 stood at $3.156 million against $6.972 million during December 2010.

The soyabean imports during December 201, however, witnessed increase of 82.96 percent when compared to $1.725 million recorded during November 2011.

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Bangkok Blasts: Foreigner seriously injured

Three minor blasts rattled the Thai capital Bangkok on Tuesday, leaving a foreigner seriously wounded when a grenade he was suspected of carrying exploded, police said.

“There were three explosions, but no dead,” Police Major General Wichai Sungprapai told AFP.

The circumstances of the explosions, which occurred in eastern Bangkok outside the main business and tourist areas, were unclear.

A man, believed to be Middle Eastern, had his legs torn off in one of the blasts on the side of a busy road, said Police Colonel Sithiparp Baiparaset.

He was admitted to Bangkok’s Chulalongkorn Hospital where he was receiving emergency treatment, an official at the hospital said.

The other blasts were reported to have occurred in a nearby house and road.

The city has been on edge since the United States last month warned of a threat of a terrorist strike on tourist areas in Bangkok.

Thai police later charged a Lebanese suspect after they raided a property and discovered chemicals that could be used to make a bomb.

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Powerful earthquake hits eastern Japan

A powerful earthquake rocked eastern Japan Tuesday, but no tsunami warning was issued.

The US Geological Survey said the 6.0 magnitude quake, with an epicentre 10 kilometres (six miles) deep, was centred 166 kilometres east-northeast of Tokyo, where correspondents said buildings swayed.

Japan s meteorological agency also located the quake off the coast of Ibaraki prefecture, south of the stricken plant.
A very small change of tidal level was forecast but was not expected to cause any damage.

Nuclear plant operator Tokyo Electric Power Co. (TEPCO) said the stricken Fukushima Daiichi plant remained stable.

Office buildings in Tokyo swayed for around a minute when the quake struck at 3.21pm (0621 GMT), but there was no sign of panic in a city well accustomed to tremors.

A 9.0-magnitude earthquake in March 2011 triggered a monster tsunami that killed more than 19,000 people and crippled the cooling systems at the Fukushima plant, causing meltdowns in some of its reactors.

Radiation leaked into the air, soil and sea around the plant, forcing tens of thousands of people to evacuate their homes.
A number of powerful aftershocks have shaken the region since the March quake.

Japan, located at the junction of four tectonic plates, experiences 20 percent of the strongest quakes recorded on Earth each year.

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Senate polls: Last day to submit nomination papers

The process of Senate elections began on Monday and today is last day to submit nomination papers.

Elections will be held on March 2 for 54 seats of Senate and the Election Commission will receive nomination papers till 4pm today.

Eighteen candidates filed their papers in Peshawar, 10 each in Islamabad and Karachi, eight in Lahore and four in Quetta.
The MQM’s Nasreen Jalil, Kunwar Khalid Younus, Kanwar Naveed Jamil, Farogh Naseem, Syed Tahir Hussain Mashhadi, Arshad Vohra, Naila Latif, Umar Khan Sheerazi submitted their papers.

In Lahore, six candidates from the Pakistan Muslim League-N and one each from the PML-Q and PPP submitted their papers.

The PML-N’s Ishaq Dar has filed papers for a technocrat seat whereas current MNA Nuzhat Amir Sadiq and Kamran Michael have submitted papers for reserved seats for women and minorities, respectively. Sardar Zulfiqar Khosa, Rafiq Rajwana, M Hamza and Zafarullah Dhandla submitted the papers on general seats.

Former opposition leader in the Senate, Kamil Ali Agha of the PML-Q, and PPP’s Khalida Mohsin Qureshi also filed their papers.

PPP stalwart Barrister Chaudhry Aitzaz Ahsan, former law minister Babar Awan and Aslam Gill are expected to file their papers on Tuesday.

In Peshawar, four candidates from the PPP, 10 from Awami National Party and four from the Jamiat Ulema-i-Islam-F filed their nomination papers.

From PPP, presidency’s spokesman Farhatullah Khan Babar (technocrat seat), Shamroz Khan, Ahmed Hassan Khan and Saifullah Bangash filed their papers.

The ANP candidates included president of the party’s Karachi chapter Shahi Syed, Azam Khan Hoti, provincial information minister Mian Iftikhar Hussain, Tajuddin Khan, Ilyas Bilour (technocrat seat), Zahida Khan and Tabassum Shams (women seats) and Amarjeet Malhotra and Gulshan Yousuf.

Talha Mehmood, Abdul Jalil Jan, Maulana Rahat Hussain and Naima Kishwar, all from the JUI-F, also submitted their papers in Peshawar.

In Islamabad, PML-Q secretary general Mushahid Hussain Syed filed his papers to contest the only reserved seat for technocrats from Islamabad after having an understanding with the PPP.

MNA Munir Khan Orakzai, MNA Sajid Hussain Turi, Dr Abdul Qadir, Najamul Hassan, Jawad Hussain, Hidayatullah, Bismillah Khan, Abdul Malik and Husain Khan from the Federally Administered Tribal Areas also filed papers for four general seats in Islamabad.

In Quetta, only four candidates filed papers. Prominent among those were PPP’s Saifullah Magsi, son of Balochistan Governor Zulfiqar Magsi, and Shamroz Munir.

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US citizen arrested at Peshawar Airport

A US citizen was held at Peshawar Airport after 17 live bullets were recovered from his luggage.

According to sources, an American citizen, traveling from Peshawar to Islamabad was arrested at the Peshawar Airport after 17 live bullets were recovered from his luggage.

The arrested man, identified as William Arthur Charles, was shifted to Police Station Gharbi for further investigation.

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Imran meets MQM delegation

PTI chief Imran Khan met MQM delegation during a marriage ceremony in Karachi.

Pakistan Tehrik-e-Insaf (PTI) chief Imran Khan met the delegation of Muttahida Qaumi Movement (MQM) delegation during the marriage ceremony of daughter of PTI leader Arif Alvi in Karachi.

The leaders of PTI and MQM attended the ceremony. The MQM delegation included Waseem Aftab, Dr Saqhir, Waseem Akhtar and Kunwar Naved Jameel. The delegation also conveyed a message of good wishes from MQM chief Altaf Hussain to Imran Khan.

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Pakistan beat Afghanistan in first-ever ODI

Pakistan on Friday beat Afghanistan in their first-ever one day international (ODI) cricket match by 7 wickets in Sharjah.

Younis Khan scored 70 and Dawlat Zadran took two wickets. Pakistan overhauled the victory target in 37.1 overs for the loss of 3 wickets.

Earlier Afghanistan set Pakistan a target of 196 to clinch the one day international.

Karim Sadiq top-scored for Afghanistan with 40 as they were bowled out for 195 after winning the toss. Shahid Khan Afridi with 5-36 was Pakistan’s most impressive bowler.

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SBP to unveil Monetary policy today

State Bank of Pakistan Governor Yaseen Anwar will unveil Monetary Policy Statement for next two months on Saturday (today).

Analysts said that in the current economic condition, when the reserves are on a decline, inflation and current account deficit are on the higher side, the SBP is likely to keep its key interest rate unchanged at 12 percent for Feb and March 2012.

The Central Board of Directors of the SBP will meet Saturday at SBP Head Office to announce MPS. The policy statement was due last week of January, however the Central Board decided to reschedule its meetings on monetary policy from the last week of the alternate month to the first half of the following month during a calendar year, in order to take into consideration the latest data on inflation released by the Federal Bureau of Statistics (FBS).

The inflation data now becomes available at the beginning of a month instead of the second week.

Currently, it required to keep watch on the economic indicators for next two months as the inflationary pressure is again surging and reserves are depleting gradually. Another major decline in reserves is also expected in the last week of February as the IMF SBA’s first instalment is due on Feb 24, 2012.

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Kadhafi’s son says he will return to Libya

“Seventy percent of Libyans are not satisfied with the current situation,” says Saadi Kadhafi.

Saadi Kadhafi, one of the sons of Libya s former leader Moamer Kadhafi, has promised to return to his country where he said a nationwide rebellion was brewing against its new rulers.

“I will return to Libya at any time,” Saadi Kadhafi told Al-Arabiya television by telephone from Niger where he took refuge after the fall of Tripoli which ended his father s 42-year iron-fisted rule.

“Seventy percent of Libyans are not satisfied with the current situation,” he said in an interview Friday, adding that “the Libyan people are ruled by gangs.”

Kadhafi said that “there is a rebellion that is going on day after day, and there will be a rebellion in the entire country.”

Asked about the ruling National Transitional Council, which took over the country after the fall of the regime last year, Kadhafi said: “There will come a day when the Libyan people will be capable of wiping out these gangs.”

When he returned, “I will try to make sure that there are no reprisals or revenge operations,” he promised.

The uprising that ousted Moamer Kadhafi erupted on February 17, 2011 in the eastern city of Benghazi and later spread across the entire country.

The bloody conflict ended with the capturing and killing of the former Libyan leader in a fierce battle in his hometown of Sirte on October 20.

Saadi, 38, took refuge in Niger last August. The African country has refused to extradite him despite repeated requests from the new Libyan authorities.

They accuse him of having “taken goods by force and intimidation when he led the Libyan football federation” according to international police federation Interpol, which issued a “red notice” for his arrest.

Niger s President Mahamadou Issoufou said on November 11 his country had granted political asylum to Saadi Kadhafi on “humanitarian grounds.”

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Karachi Literature Festival begins today

The Karachi Literature Festival (KLF) being organised by the British Council and Oxford University Press (OUP) is going to start here on Saturday (today).

The KLF is the first of its kind in Pakistan.

It brings together Pakistani and international authors writing in different languages such as Urdu, Sindhi, Punjabi, English, German and French.

It is the third edition of the event being organised in Karachi since 2010.

Launched in 2010, the annual two-day Karachi Literature Festival is open to all and free.

It features creative writing workshops, debates/discussions, lectures, Mushairah (Urdu poetry jam), a book fair, book launches, readings, signings, interactive storytelling for children, music/theatre performances, and more.

The US Consulate General; Consulate General of the Federal Republic of Germany; the Goethe Institute Pakistan; the French Consulate General and the Embassy of France are co-sponsors of the event.

Speaking at the lunch dinner of KLF held here on Friday evening, the US Ambassador to Pakistan Cameron Munter expressed his pleasure and said the event would bring together international and Pakistani writers.

“It is truly wonderful partnership for us,” he said.

The German Consul General in Karachi Dr Tilo Klinner in his speech said the KLF was an important event that provides diverse programmes.

“We are glad to be part of KLF,” he said.

Managing Director of OUP Ameena Saiyid said that the annual two-day Karachi Literature Festival was launched in 2010.

It is open to all and free.

The first of its kind in Pakistan, it brings together and celebrates Pakistani and international authors writing in languages such as Urdu, Sindhi, Punjabi, English, German and French.

The Festival has grown rapidly.

Attendance rose from roughly 5,000 in 2010 to 10,000 in 2011.

While the 2010 Festival had at most two simultaneous sessions, with a total of 35 programmed participants, the 2011 Festival had up to four with 97particiaptns.

“In 2012 we are expecting about 145 programmed participants,” she said.

Each year the participants have been outstanding.

Keynote addresses were given by Shamsur Rahman Faruqi in 2010, Karen Armstrong in 2011 and William Dalrymple will deliver the keynote address in 2012.

The KLF also celebrates music, dance and theatre arts, which are often connected to literature.

The 2010 Festival featured performances by Tehrik-e-Niswan of “A Song of Mohenjodaro” (dance drama) and an Urdu play, “Insha Ka Intezaar,” based on Samuel Beckett’s “Waiting for Godot.” The 2011 Festival began with a homage to Amir Khusro by Sheema Kermani’s group, featured Ajoka Theatre’s performances of sections of Shahid Nadeem’s Bulha (Punjabi play) and Dara, (Urdu play) and culminated with a tribute to Faiz Ahmed Faiz in the year of his 100th birth anniversary.

The Faiz tribute featured literary and music favourites like Zehra Nigah, Tina Sani, Laal (band), Raza Rumi and Ali Sethi.

In 2012 to celebrate the birth bicentennial of Charles Dickens, Owen Calvert-Lyons of the Arcola Theatre and Peter Higgin of Punchdrunk Enrichment from the UK, will present a theatrical session inspired by “The Uncommercial Traveller,” Dickens’ “account of (among other things) his wanderings around London.” “This year we’re also featuring puppet and moppet shows for children by the Rafi Peer group (all day, every day), a satire/comedy session with Ali Aftab Saeed (Beygairat Brigade), Saad Haroon, and the Banana News Network, and performances by Nritaal and Salman Ahmed of Junoon,” she added.

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