Tag: Cuts

SAHIWAL - The Sahiwal CNG Association observed a complete strike in protest against two-day gas load shedding carried out by the Sui Northern Gas Pipelines (SNGPL). A protest rally was also carried out from Chowk Yadgar to Sui gas office that was led by association's President Haji Muhammad Riaz.
Offices bearers Ch Suleman Ahmad, Mirza Jafar, Ch Muhammad Akram, Rana Nisar Ahmad, Mian Amjid Munir, Ch Rashid Hameed, Muhammad Tariq and Ch Muhammad Usman were also present in the

ISLAMABAD - Calling the demands of young doctors legitimate, the Upper House on Saturday said the salaries of doctors were too less and should be increased.
Speaking on a point of order, Leader of the Opposition Wasim Sajjad said doctors' demands were legitimate and the government, particularly the Punjab government, was not tackling the problem seriously. He advised the Punjab government to avoid highhandedness in dealing with the problem, as doctors were educated people and use

LONDON - Tens of thousands of Britons opposed to government austerity cuts were expected to join the biggest rally in the capital since protests against war in Iraq in 2003. Union leaders say more than 200,000 people angry at deep public spending cuts, rising unemployment, tax rises and pension reforms could join the demonstration on Saturday. Police fear simmering resentment could lead to a repeat of violence seen last December when student protests against higher university tuition

ISLAMABAD - Finance Minister Dr Abdul Hafeez Shaikh on Wednesday said that the government would get Rs 210 billion through its announced expenditure cuts and revenue measures during the remaining quarter of the current financial year.
Briefing the media about the government plans for fiscal consolidation, he said that the rationalisation of expenditure had the full backing of the president, prime minister, armed forces and government departments. "The surcharge on income tax is

BRUSSELS - Europe's top trade negotiator called for greater commercial ties with North African states making the transition to democracy, saying he will unveil new proposals to achieve this next week. But Karel De Gucht said he will not seek unilateral trade concessions or cuts to import tariffs such as those the European Union granted its war-ravaged Balkan neighbours in the 1990s.
He cited that the unsuccessful EU attempt to grant temporary duty-free access to imports from

KARACHI - The Karachi Electric Supply Company (KESC),under fire from various quarters for purchasing extremely expensive electricity from rental plants, has decided to stop purchasing electricity from a Dubai-based power company from next month, Pakistan Today has learnt.
Sources told Pakistan Today that KESC officials, during the recently-held public hearing organised by National Electric Power Regulatory Authority (NEPRA), confirmed that supply from rental generators will be

MUMBAI - An Indian trader has slashed iron ore prices to secure a sale to a Chinese buyer at $191 per tonne, a level not seen since January, as the market eyes lower steel prices as an indicator iron ore may fall too.
"There are no buyers at any level. Cargoes are not getting sold even if there is one," Dhruv Goel, managing partner at iron ore trader Steelmint, told Reuters, adding "people are unclear about the price outlook."
The cargo was loaded at the port of Paradip,

BAGHDAD - Iraq's government on Tuesday proposed new legislation that would slash the salaries of politicians and top officials, just days after MPs approved smaller pay cuts in a bid to head off protests. The mooted changes are the latest attempt by authorities to respond to demonstrations that have taken place across Iraq in cities that are variously Sunni, Shiite or Kurdish, railing against corruption, poor public services and high unemployment.
"The cabinet has decided to

WASHINGTON - Deep Republican cuts to foreign aid would be 'detrimental' to national security, top US diplomat Hillary Clinton warned Monday, saying Washington cannot afford to 'recede' from its global presence.
She had told House Speaker John Boehner that the cuts would cause the State Department and US Agency for International Development (USAID) to scale back their critical roles in Iraq, Pakistan and Afghanistan, Clinton said. The secretary of state also cited political

MIAMI - Osama bin Laden's former cook had his Guantanamo prison sentence cut on Wednesday to two years from 14, under a plea agreement that remains secret, the Pentagon said. The sentence reduction had been expected since Sudanese captive Ibrahim al Qosi, who was also bin Laden's sometime bodyguard, pleaded guilty in the US war crimes court at the Guantanamo Bay in July.
Qosi pleaded guilty to charges of conspiring with Al Qaeda and providing material support for bin Laden and

LAHORE - The City District Government Lahore (CDGL) and the Lahore Development Authority (LDA) have stopped action against removal of more than 50 unauthorised road cuts traced out on various roads, Pakistan Today has learnt.
Both departments had planned to close all illegal road cuts considered as big hurdles in smooth flow of traffic after Punjab Chief Minister Shahbaz Sharif ordered in July 2010 that no road cuts would be allowed after completion of new roads and departments

LAHORE: SNGPL users all over the city experienced low pressure and unscheduled gas cuts on Saturday. Many CNG stations remained closed for the second consecutive day. SNGPL had announced a closure of gas supply to CNG stations on Friday but on Saturday, the pressure was lowered which caused a lot of inconvenience for the motorists.
The CNG station owners said SNGPL officials had lowered the pressure without informing them and had demanded bribery to provide proper pressure.

LAHORE
The gas cuts announced by Sui Northern Gas Pipeline Limited (SNGPL) because of technical problems at the Qadirpur and Zamzama gas fields will have adverse effects on the CNG sectors and the industries, a report by Pakistan Today revealed.
Both these fields were providing 600 million cubic feet (mmcf) of gas but the supply will be reduced to just 275 mmcf for three days per week beginning from Monday. Gas supply to industries and CNG stations in Lahore, Peshawar,

LONDON: Britain said on Wednesday it would cut half a million public sector jobs, raise the retirement age and slash the welfare state as part of the biggest spending cuts in a generation.
After months of bitter negotiations, Conservative finance minister George Osborne confirmed he would press ahead with almost all the spending cuts he had outlined in a June budget.
Capital spending, however, he said would be 2 billion pounds higher per year than originally planned

LONDON: Britain is to scrap major defence assets like its flagship aircraft carrier and fleet of Harrier jets in a defence review being announced Tuesday as part of stinging, across-the-board government cuts.
Prime Minister David Cameron will tell the House of Commons from 1430 GMT the HMS Ark Royal is to be decommissioned almost immediately, while a decision on a replacement for the Trident nuclear deterrent is set to be delayed.
In total, the Ministry of Defence (MoD) is