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In the Name of God بسم الله

Peer

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Posts posted by Peer

  1. Well, I am not sure what the OP meant by expensive, as in, expensive for what? Maybe she is only expensive for house-calls or not expensive at all for zikre-Hussain and only expensive for other lectures. I say this because the only thing she asked for here in NY was a plane ticket, the masjid also only gave(she did not ask) her 200$ and she was happy and gave her word to return next year. It is possible she is expensive in Pakistan, I wouldn't know. I am speaking from my own experience.

    Hasan Sajjad

    President

    Here she charges $500 per hour.

    and not for "house calls" but for majalis in proper established imambargahs

    and not for "other lectures" but for zikr Hussain

  2. My bad! They spoke Urdu with a Punjabi accent. Apologies!

    As for their "demand", I don't see it as one. You don't ensure blasts, random killing sprees, taking hostages and then putting forth something -in that order- with no deadlines either, to set forth demands. They are merely there to make hay and die as "shaheed".

    The fact that a bullet pierced a bullet-proof jacket within minutes of him donning one, does not look like the work of those militants. More like an inside job; someone just got lucky (it is not as simple as I making it sound but I wouldn't elaborate unless there is greater evidence at hand).

    Ok, so go the easy way: IT IS PAKISTAN.

    Such incidents will keep happening unless India gets serious and go after the real terrorists, indiscriminately. When you blame Pakistan for your own failings, you encourage such incidents to happen again in future (because the real terrorists remain at large).

    So I heard there are voices now for Mr. Modi to be the next Prime Minister of India? :squeez:

  3. The militant who spoke to the media spoke Punjabi. And they don't have demands. Speaks volumes :Hijabi:

    Conflicting media reports? dont know what/how to report?

    First they spoke in URDU, a language spoken in Pakistan (this is how they defined Urdu), and were demanding the release of all the mujahideens in Indian jails. Now you're informing us of the opposite.

    As for speaking volumes, the chief of the ATS of Mumbai was shot dead in these riots. He had been receiving threats of "serious consequences" after he had captured the culprits of Malegaon incident. Culprits included Hindu priests and a serving Indian Army Colonel (who happens to be an ex RAW official too). Speaks volume?

  4. ^

    Depends on India you know and why would the cell phone have a Pakistani SIM card? Is it so hard to get a SIM card in India? It would be interesting to know the cell phone service name that the SIM belongs to because not all cell phone service providers in Pakistan have got International Roaming for India; just ONE!

    Why do the attackers always happen to carry things with them that track back to Pakistan?

    LOL, eactly!

    I wonder why the terrorist who attacked the Indian Parliament during BJP's government were all carrying with them their Pakistani National Identity cards!

  5. Salam

    I went to pakistan for the first time in my life last years and that counrty is like trash yard and the electric is very poor and gas and the mullahs calls them self muslim they should be known as pervert i seen them with my own two eyes and the boys down there need some head kicked in and pakistan got some funny fashion like long hair tight armani tops and jeans trying to be like david beckham dont know if they evere heard of him lol they all makes me laff and they are all full of theifs none of them in pakistan are muslim and in pakistan shia ppl are definetly brainless not being nasty or mean but thats just my point of view wonder why Allah made that counrty poor because of what they done in the past muslim killing innocents like killing hindus and sikhs and rape level in pakistan are high in pakistan and I HOPE PAKISTAN WILL B BETTER COUNRTY IN THE FUTURE

    you aren't making much sense here, buddy. Grow up.

  6. LOL. yeah I watched the show, I hate that guy with passion.

    To cover up Iftikhar Chaudhry's sin of providing legal cover to Musharraf's toppling of Nawaz Sharif's government, Ather Minallah said that Hazrat Omar and Hazrat Ali were also Kafir before accepting Islam.

    Haider Abbas Rizvi of MQM said, "Hazrat Ali ko exempt kardein."

    Javed Hashmi afterwards tried to soothe the environment as well.

  7. Mustafa Kamal declared second best world mayor

    KARACHI: An award winning American magazine Foreign Policy, has chosen Nazim Karachi, Syed Mustafa Kamal as second among the three best mayors in the world for the year 2008.

    The magazine has included the names of Berlin Mayor Klaus Wowereit and Wang Hongju, Mayor of Chongqing as the other mayors of the moment, said a CDGK statement issued on Sunday.

    The magazine said no city globalises on its own, but with shrewd investments and smart urban planning, a mayor can help turn a regional player into a global powerhouse.

    About Mustafa Kamal the magazine wrote that the mayor of Karachi is an unlikely poster child for innovative urban planning.

    It said the 36-year-old Mustafa Kamal governs a city that's more often in the news for religious violence than cosmopolitan ways. But the hard-charging Kamal is looking to change all that. He's courting foreign investment, encouraging international ties, and boosting the city's tourism.

    According to the US magazine Kamal is not shy about his goals: He has said he wants to turn Karachi into the next Dubai. His Green Karachi project aims to plant thousands of trees in the city. Kamal is not letting anything stand in the way of his grand plans. He has threatened to arrest anyone who tries to cut down the new saplings, it added.

    In a statement, the Nazim said that in the past there was no concept of ownership in Karachi. He said his administration carried out development works on a large scale, but added that lot of work still remains to be done.

    DAWN

  8. Bitter fruits of IMF bailout

    By Mazhar Tufail

    10-24-2008_17970_l.gif

    ISLAMABAD: Pakistan will have to cut its defence budget by 30 per cent in the next four years if it agrees to the IMF conditions for a bailout package now being discussed in Dubai between the two sides, a document containing the IMF conditions seen by this correspondent reveals.

    Under extremely tough conditions, Pakistan would get $9.6 billion from the IMF during the next three years at a mark-up rate of 16.7 per cent per annum, reveals the document. The IMF funding will not be rescheduled, says the document. Pakistan would also furnish to the IMF 48 hours before signing the funding agreement details of all loans it got under the bilateral and multilateral arrangements.

    The document says that if Pakistan accepted the IMF funding, it would have to reduce the defence budget by 30 per cent between 2009 and 2013 gradually and would reduce the number of posts entailing pension in the government and semi-government departments from 350,000 to 120,000.

    “The IMF will propose taxation structure under package of reforms in the Federal Board of Revenue and Rs50 billion increase in the current target of revenue under the head of general sales tax,” the document says.

    “Imposition of the agriculture tax will be made mandatory at the rate of seven per cent on wheat production and 3.5 per cent on other crops,” it maintains. The proposals say that the Federal Board of Revenue (FBR) would submit quarterly report to the Islamabad office of the IMF for the monitoring and analysis of revenue collection as direct and indirect taxes. The IMF would propose changes wherever it wanted, it adds.

    The document says the IMF representative would be part of the FBR administrative structure and offices of the fund would be set up in all the provincial headquarters to monitor the general sales tax collection at the provincial level.

    The proposals also say that six IMF directors and two World Bank directors would monitor preparation of the federal budget in the finance ministry. They would give budget proposals and the Pakistan government would be obliged to comply with all these proposals.

    “The Pakistan government will have to provide details of loans it got from all other lenders, including China, 48 hours before signing the funding agreement with the IMF and 25 per cent of the government assets pledged as securities for such loans will be the property of the IMF,” the document says.

    The IMF intervention in the affairs of the central bank (State Bank of Pakistan), provision of the details of foreign exchange reserves and remittances as well as flow of foreign exchange through other commercial banks are among other strict conditions to be entailed by the IMF funding. No IMF or Pakistan government official was available to comment on these conditions despite several attempts by this correspondent.

    TheNews

  9. Lately, Lashkar-e-Jhangvi (based in Jhang) has been involved in most of these "high-profile" suicide missions.

    The attack on Benazir that killed 128 people in Karachi, is suspected to have been carried out by some Maulana Sindhi of LeJ (Benazir named him).

    The attack on that Nawani(?) family in Bhakkar.

    When there was intelligence of a few suicide bombers in a house in Karachi, and when police circled them they brought the house down with a suicide blast.

    Now this one at Marriott..

  10. How US can pay debts

    By Eric Margolis

    At the end of World War II, the British Empire still ruled nearly a quarter of the globe. But the war bankrupted Britain. Its once mighty empire quickly collapsed and the United States inherited much of the British Imperium.

    Six decades later, the United States is close to bankruptcy thanks to a national orgy of borrowing, the replacement of manufacturing by financial manipulation, ruinous foreign wars, and a government whose stunning incompetence and arrant stupidity was exceeded only by its reckless imperial arrogance.

    The financial panic now gripping the planet, and the ignominious collapse of Wall Street, showed the American colossus had feet of clay. Washington’s furious printing of untold billions of new dollars to prop up its sinking economy, finance this year’s $1 trillion deficit, and pay debts may unleash a storm of dangerous inflation.

    The world balance of power is already shifting. For example, Pakistan’s new president, Asif Zardari, went cap in hand this week to China, seeking $4-6 billion in emergency loans. Pakistan is on the verge of bankruptcy.

    But Pakistan’s patron, the United States can’t spare any cash for it. So Pakistan is turning to China, which has the world’s largest foreign exchange reserves.

    Bankrupt people, companies, and nations have to sell assets to meet their debt obligations. China and Japan alone hold over $1.5 trillion of US government securities (IOUs).

    Their nervous central bankers now want real assets rather than more paper. So there is talk of America’s Asian creditors converting their IOUs into shares in US corporations and property.

    Sovereign wealth funds from the Arab oil states and Singapore may soon demand chunks of premier US corporations and property.

    In the 19th century, European imperial powers used to force loans on China and local rulers in the Mid East and Latin America. When the locals could not pay off their debts, parts of their territory was seized. Russia was forced to sell Alaska to the US for next to nothing when it could not repay its debts.

    China’s coast was carved up by the British, French, Germans, Russians, Americans and Japanese. These imperial foreclosures created the trading ‘concessions’ of Hong Kong, Shanghai, Tsingtao, Tianjin, and Port Arthur.

    Now, it’s payback time for China. How ironic that the Chinese Communists have ended up with a so-far sound financial system while the Wall Street bandit capitalists have gone bust.To help pay is monster debts, I suggest Washington consider selling Louisiana back to France. Canada, ought to pick up Florida for a song. Canadians have a manifest destiny for sunshine.

    Mexico will want to buy Texas, Arizona and New Mexico. Russia, of course, will buy back Alaska and Washington State. China will purchase California; San Francisco will become ‘New Beijing’. Japan will buy up Washington, Oregon, Montana, and Hawaii. Holland will repossess New York State, and Germany will buy Pennsylvania and Minnesota.

    Pakistan’s move into China’s financial embrace is a harbinger of things to come. Unless the US quickly repairs its economy, its world power could slip away as quickly as post-war Britain’s, leaving China, Japan, Russia, the EU and India as the world’s new superpowers.

    This may not be so awful. All power, as Lord Acton famously said, corrupts; and absolute power corrupts absolutely.

    A world with more balanced, diffused power may be preferable. But what if cash-rich China steps into America’s imperial boots much sooner than anyone expected? n

    — Copyright Eric Margolis

    DAWN

  11. Hunger in India states 'alarming'

    Twelve Indian states have "alarming" levels of hunger while the situation is "extremely alarming" in the state of Madhya Pradesh, says a new report.

    Madhya Pradesh's nutrition problems, it says, are comparable to the African countries of Ethiopia and Chad.

    India has more people suffering hunger - a figure above 200 million - than any other country in the world, it says. The report, released as part of the 2008 Global Hunger Index, ranks India at 66 out 88 countries.

    'Scored worse'

    The hunger index has been released by the International Food Policy Research Institute (IFPRI) along with Welthungerhlife and the University of California. It measures hunger on three indicators which include child malnutrition, rates of child mortality and the number of people who are calorie deficient.

    _45107651_f17b5f07-abeb-4229-ab05-edba9e3a2542.gif

    The problem of hunger is measured in five categories - low, moderate, serious, alarming or extremely alarming. The survey says that not one of the 17 states in India that were studied were in the low or moderate hunger category.

    "Despite years of robust economic growth, India scored worse than nearly 25 sub-Saharan African countries and all of South Asia, except Bangladesh," the report says. The best performing state was Punjab, which has a 'serious' hunger problem and does less well than developing countries such as Gabon, Vietnam and Honduras.

    "When Indian states are compared to countries in the Global Hunger Index, [the central Indian state of] Madhya Pradesh ranks between Ethiopia and Chad," it says.

    India is long known to have some of the highest rates of child malnutrition and mortality in under-fives in the world.

    _44733146_children_226.jpg

    About 60% children in Madhya Pradesh state are malnourished

    According to the Indian government statistics two years ago, around 60% of more than 10 million children in the state were malnourished. Nutrition experts say the abysmal record is due to an inadequate access to food, poor feeding practices and poor childcare practices in India. And now the rise in the global food prices has reduced the food-buying capacity of many poor families, making their situation worse.

    In the past year food prices have increased significantly, but people's incomes haven't kept pace, forcing many families further into hunger, experts say. The report says "improving child nutrition is of utmost urgency in most Indian states".

    "All states also need to improve strategies to facilitate inclusive economic growth, ensure food sufficiency and reduce child mortality," it adds.

    BBC

  12. I think you guys should start appreciating the positive change in MQM's approach.

    The transformation from the Muhajir Qaumi Movement to the Mutahidda Qaumi Movement has been a successful one. A party that was limited to Karachi and Hyderabad, now have candidates contesting from all over Pakistan and Azad Kashmir (MQM won two seats in Azad Kashmir National Assembly in the last elections).

    Also, it is a known fact that the majority of MQM leaders DO belong to the middle class of Pakistan. Infact, your the list of your bungalows goes against your claim--bungalows in North Karachi, Nazimabad no. 5, Azizababad? and that too on 120 and 240 sq. yards? LOL.

    And MQM, Wahabi? They can't get any farther apart. Many vote MQM just so that Jamat-i-Islami doesn't come in power. Also, MQM's and Altaf Hussain's views on religious and ethnic minorities--including the Qadianis, for who nobody stands up--are very liberal (PPP doesn't even come close).

  13. Banking system safe from global threats

    By Our Staff Reporter

    Friday, 10 Oct, 2008

    ISLAMABAD, Oct 9: President National Bank of Pakistan (NBP) Syed Ali Raza has said Pakistan’s banking system will remain immune from international financial crisis as it is based on sound lending practices.

    Addressing the executives and branch managers of Rawalpindi and Islamabad region at Staff College here he said Pakistani banking system was also backed by collaterals as only 16 per cent of our total lending was in consumer financing.

    Since USA is one of the economic leaders of the world there will be, however, some impact on our trade related business, especially with America and European countries, he added.

    Mr Raza, however, advised all the banking executives to chalk out a strategy to manage future liquidity requirements and to multiply their efforts for fresh deposit procurement and recovery of Non Performing Loans (NPLs).

    He informed the audience that NBP was going to introduce some new market-based deposit-oriented products offering lucrative profit margins to promote the saving habits of the customers.

    “NBP, being the top Pakistani bank with the largest customer base, has enough potential to move the wheels of trade and industry in the country and definitely we will play our role in this present economic scenario,” he said.

    Mr Raza told the participants that the present situation of currency fluctuations and price hike will not last more than 3-4 weeks as he was quite optimistic about economic stability in Pakistan, especially after the corrective measures taken for maintaining the law and order situation in the country. The upcoming meeting of “Friends of Pakistan” will be the real motivating force for Pakistani traders as well as the foreign investors.

    Starting from the historical background of global economic recession of 1929 – crash of NYSE Wall Street -- till the recent collapse of top American investment banking model, including the largest one -- Lehman Brothers, he was of the opinion that under current economic scenario, there was no threat to Pakistan’s banking system.

    DAWN

  14. Orissa Christians made an offer they can’t refuse

    Vijaita Singh , Hindustan Times

    Days after he fled his home, there was something that stood between Hari Chand Digal and his home, his paddy field, two cows and 15 goats.

    He had to give up his faith if he wanted his home.

    So one morning 15 days ago, Digal, 42, finally gave in and lowered his head. A barber shaved off his hair, holy water was sprinkled on him, and in a chatter of mantras, he was made a Hindu again.

    He could now have his life back, village leaders said.

    Mobs of hundreds of Hindu chauvinists have ravaged villages in Orissa’s hilly central district of Kandhamal since the end of August, in cascading attacks that have killed at least 35 people.

    It is the worst violence India has witnessed against the Christian community, with the state and central governments seemingly looking the other way.

    Now, even though there are no reports of fresh communal violence, there is no respite for the estimated 14,000 people living in relief camps.

    Many of them want to return to their villages. They say they have been asked to embrace Hinduism, or else they would be either killed or treated as pariahs.

    Digal, a Christian villager, was among those who lost their homes on August 26 in his Minia village, 250 kilometres east of Bhubaneswar, the state capital. It was gutted by arsonists.

    He and his family had to take shelter in the nearby jungles. He stayed in a relief camp for days, like the other displaced people huddled in shelters in Kandhamal district, Bhubhaneshwar and Cuttack.

    Then, he and 70 other families were offered a deal: he could return to his village and have his property back if he became a Hindu.

    Caught in the thick of a battle over conversions to Christianity, Orissa is the epicentre of anti-Christian violence in India. It is the state where Christian missionary Graham Staines was burned alive in 1999 with his two minor children, killings that shook India but failed to bring them under control.

    "A few days ago I decided to go back to my village. When I went there, I was told by the panchayat leaders and my Hindu friends that if I wanted to continue living here, I will have to become a Hindu,” Digal whispered at his village home, sitting wearing a loincloth.

    “I agreed as I was fed up with living at a relief camp," he said. His father was an animist — a worshipper of animals, plants and elements of nature — who converted to Chistianity.

    Around him, his home still bore the scars of arson — He has since repaired the roof but the thatched hut still has burnt walls and charred remains of utensils and husk strewn around.

    His hands trembled when he picked up the burnt Bible lying near the door. "This was the only religious book I had when I was a Christian. Now even that is no more. I may have turned a Hindu but my heart will never accept this religion," he said.

    Next door, Digal’s neighbour Prashant Digal, 28, also a Christian, sports a red tilak on his forehead to show he is now a Hindu. Prashant was Christian until 15 days ago.

    "This is our land, how can we let it go?” he angrily asked.

    “I do not have anything else to fall back on. If converting to a different religion ensures safety for my family and me, then let is be so."

    Hindustan Times

  15. Au Contraire, Pakistani banks are expanding:

    Bank Alfalah plans 49 more branches

    KARACHI: Bank Alfalah has unfolded a new phase of expansion by planning 49 new branches across the country by the end the current year to meet the growing demand of reliable and innovative banking products, reveals a press release issued on Thursday. Bank Alfalah is ranked as the fifth largest institution in Pakistan within a short span of ten years of operations. To this date, the bank has become the leading credit cards brand, and has innovated consumer products by redefining market dynamics. At present, the bank has 225 branches across 88 cities in Pakistan with eight foreign branches across Afghanistan, Bangladesh and Bahrain. staff report

    Daily Times

  16. After banks, nations: Iceland close to bankruptcy

    REYKJAVIK, Iceland: This volcanic island near the Arctic Circle is on the brink of becoming the first "national bankruptcy" of the global financial meltdown.

    Home to just 320,000 people on a territory the size of Kentucky, Iceland has formidable international reach because of an outsized banking sector that set out with Viking confidence to conquer swaths of the British economy - from fashion retailers to top soccer teams.

    The strategy gave Icelanders one of the world's highest per capita incomes. But now they are watching helplessly as their economy implodes - their currency losing almost half its value, and their heavily exposed banks collapsing under the weight of debts incurred by lending in the boom times.

    "Everything is closed. We couldn't sell our stock or take money from the bank," said Johann Sigurdsson as he left a branch of Landsbanki in downtown Reykjavik.

    The government had earlier announced it had nationalized the bank under emergency laws enacted to deal with the crisis.

    "We have been forced to take decisive action to save the country," Prime Minister Geir H. Haarde said of those sweeping new powers that allow the government to take over companies, limit the authority of boards, and call shareholder meetings.

    A full-blown collapse of Iceland's financial system would send shock waves across Europe, given the heavy investment by Icelandic banks and companies across the continent.

    One of Iceland's biggest companies, retailing investment group Baugur, owns or has stakes in dozens of major European retailers - including enough to make it the largest private company in Britain, where it owns a handful of stores such as the famous toy store Hamley's.

    Kaupthing, Iceland's largest bank and one of those whose share trading was suspended last week to stop a huge sell-off, has also invested in European retail groups.

    Thousands of Britons have accounts with Icesave, the online arm of Landsbanki that regulators said was likely to file for bankruptcy after it stopped permitting customers to withdraw money from their accounts Tuesday.

    To try to wrest control of the spiraling situation, the government also loaned $680m to Kaupthing to tide it over and said it was negotiating a $5.4bn loan from Russia to shore up the nation's finances.

    The speed of Iceland's downfall in the week since it announced it was nationalizing Glitnir bank, the country's third largest, caught many by surprise despite warnings that it was the "canary in the coal mine" of the global credit squeeze.

    Famous for its cod fishing industry, geysers, moonscape and the Blue Lagoon, Iceland was the site of the Cold War showdown in which Bobby Fischer of the United States defeated Boris Spassky of the Soviet Union in 1972 for the world chess championship. Last year, Iceland won the UN's "best country to live in" poll, with its residents deemed the most contented in the world.

    Despite sunny skies on Tuesday after three days of unseasonably cold weather, Reykjavik's mood remained grim - cafes were half-empty, real estate agents sat idle, and retailers reported few sales.

    "I'm really starting to get worried now. Everything is bad news. I don't know what's happening," said retiree Helga Jonsdottir as she headed to a supermarket.

    Icelanders are also beginning to question how a relative few were able to generate the disproportionate wealth - and associated debt - that Haarde has warned puts the entire country at risk of bankruptcy.

    Iceland's reinvention from the poor cousin in Europe to one of the region's wealthiest countries dates to the deregulation of the banking industry and the creation of the domestic stock market in the mid-1990s.

    Those free market reforms turned Iceland from a conservative, inward-looking country to one of a new generation of internationally educated young businessmen and women who were determined to give Iceland a modern profile far beyond its fishing base.

    Entrepreneurs become its greatest export, as banks and companies marched across Europe and their acquisition wallets were filled by a stock market boom and a well-funded pension system. Among the purchases were the iconic Hamley's toy store and the West Ham soccer team.

    Back home, the average family's wealth soared 45 percent in half a decade and gross domestic product rose at around 5 percent a year.

    But the whole system was built on a shaky foundation of foreign debt.

    The country's top four banks now hold foreign liabilities in excess of $100bn, debts that dwarf Iceland's gross domestic product of $14bn.

    Those external liabilities mean the private sector has had great difficulty financing its debts, such as the more than $5.25bn racked up by Kaupthing in five years to help fund British deals.

    Iceland is unique "because the sheer size of its financial sector puts it in a vulnerable situation, and its currency has always been seen as a high risk and high yield," said Venla Sipila, a senior economist at Global Insight in London.

    The krona is suffering in part from a withdrawal by a falloff in what are called carry trades - where investors borrow cheaply in a country with low rates, such as Japan, and invest in a country where returns, and often risks, are higher.

    After watching the free-fall for several days, the Central Bank of Iceland stepped in Tuesday to fix the exchange rate of the currency at 175 - a level equal to 131 krona against the euro.

    Haarde said he believed the measures had renewed confidence in the system. He also was critical of the lack of an Europe-wide response to the crisis, saying Iceland had been forced to adopt an "every-country-for-itself" mentality.

    He acknowledged that Iceland's financial reputation was likely to suffer from both the crisis and the response despite strong fundamentals such as the fishing industry and clean and renewable energy resources.

    As regular Icelanders begin to blame the government and market regulators, Haarde said the banks had been "victims of external circumstances."

    Richard Portes of the London Business School agreed, noting the banks were well-capitalized and had not bought any of the toxic debt that has brought down banks elsewhere.

    "I believe it is absolutely wrong to say these banks were reckless," said. "Quite the contrary. They were hugely unlucky."

    Times of India

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