6/2/11

Abbottabad commission runs into trouble

Abbottabad commission runs into trouble
ISLAMABAD: Pakistan's new commission into how Osama bin Laden lived in the country undetected for so long ran into trouble Thursday as one appointee refused to take part and the political opposition criticised it.

Prime Minister Yousuf Raza Gilani announced Tuesday that an independent commission would investigate the circumstances of the Al-Qaeda chief's presence in Abbottabad, where he was shot dead by US Navy SEALs in a covert operation.

The revelation that the world's most-wanted man lived in a garrison city just a stone's throw from a top military academy raised questions about complicity or incompetence within the Pakistani security services.

Gilani's office said the five-member commission would be headed by senior supreme court judge Javed Iqbal and was mandated "to ascertain the full facts regarding the presence of Osama bin Laden in Pakistan".

However, former supreme court judge Fakhruddin Ebrahim told AFP on Thursday that he had written to the prime minister refusing to sit on the panel.

"I was not consulted before my name was included in the commission and the government did not follow the procedure prescribed in the parliament's resolution," he said.

"They will have to reconstitute it," he added.

Parliament on May 14 adopted a resolution saying the composition of the commission would be settled after consultations between the leader of the house and the leader of the opposition, he said.

Talking to AFP, Farhatullah Babar, spokesman for President Asif Ali Zardari said Ebrahim's decision was a "surprise" and reserved further comment pending consultation with the law ministry.

The main opposition leader Nawaz Sharif also criticised the government on Thursday over the commission, saying he had not been consulted.

"The commission set up without consultations was meaningless. It collapsed before it could be formed. What was the use of a commission set up unilaterally?" he told reporters.

The naming of the much-awaited panel came amid demands from lawmakers in Washington and Islamabad for disclosure on the bin Laden affair after the episode threw already tense ties between the allies into turmoil.

Pakistan has suffered a wave of fresh attacks this month, with the country's main Taliban faction claiming hits on domestic and American targets to avenge bin Laden's killing

Moon not sighted; 1st Rajab on June 4

Moon not sighted; 1st Rajab on June 4
ISLAMABAD: The moon of Rajab Al Murajjab was not sighted in any part of the country, therefore, the first Rajab 1432 A.H. will fall on June 4, Saturday.

The Central Ruet-e-Hilal Committee made the announcement on Thursday.

5/28/11

Dollar falls in Asia over weak US data

Dollar falls in Asia over weak US data
TOKYO: The dollar fell in Asian trade Friday amid a broad selling of the greenback following weak US economic indicators, despite growing concerns over a possible Greek debt default, dealers said.

The euro rose to $1.4191 and 115.03 yen in Tokyo morning trade from $1.4141 and 114.96 yen in New York Thursday.

The dollar fell to 81.04 yen from 81.29 yen.

The US unit dipped late Thursday following an report showing US jobless claims last week headed higher after two weeks of declines.

Washington also left unrevised its estimate of first-quarter economic growth at a tepid 1.8 percent. Most analysts had expected a rise to 2.0 percent.

Daisaku Ueno, chief analyst at Gaitame.Com Research Institute, said dealers see no further deterioration in sentiment for the euro after Jean-Claude Juncker, who heads the eurozone finance ministers, suggested the IMF may withhold its payment next month on Greece's bailout.

Juncker said the fifth tranche in a 110-billion-euro loan package could be hampered by IMF rules forbidding the lender of last resort to release funds without a 12-month guarantee of solvency.

Japan on Friday reported a rise in core consumer prices for the first time in more than two years, mainly as a result of an increase in fuel prices, but the economic data were largely ignored by forex dealers.

The core consumer price index, which excludes volatile food prices, rose 0.6 percent in April from a year earlier, the first increase since December 2008. The upturn was in line with market expectations.

But the April rise is unlikely to signal an end to Japan's long-standing deflationary problems as it stems mainly from higher costs for oil products because of increased import prices and supply problems.

Japan's massive earthquake and tsunami in March damaged oil refineries and disrupted distribution of petrol, kerosene and other petroleum products.