Pakistan’s credit rating is nearing bankruptcy and its economy cannot afford sanctions by the world powers, Defence Secretary Kamran Rasool told the Senate standing committee on Defence in a briefing on Tuesday. Pakistan’s financial position was very week, he said, and the country could not talk about taking on the US. He said Pakistan could not succeed against terrorists without co-operation and intelligence-sharing with the United States and that if Pakistan pulled out of the alliance, it would have to bow down after international powers imposed sanctions on it and declared it a terrorist state.
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Anniversary of October 8 earthquake:
Three years on, nation remembers devastation
Third anniversary of deadly earthquake of October 8, 2005 is being observed today (Wednesday) to share grief of the victims. The day will dawn with special prayers for those killed in the quake as well as progress and prosperity of the country.
In Muzaffarabad, sirens will be sounded at 8.52am. All traffic will come to a standstill for one minute at this time to pay homage to the victims. Later, a collective prayer will be held at University Ground.It will be a state holiday throughout AJK. Sardar Attique Ahmed Khan, the AJK prime minister, his cabinet, members of both houses of the AJK Parliament, social and political workers, NGOs and general public will take part in the programmes to remember the tragedy.
International Day for Natural Disaster Reduction today: This year’s International Day for Disaster Reduction coincides with the third anniversary of the 2005 earthquake. Cyclone Nargis in Myanmar, earthquake in China’s Sichuan province, floods in the US and India, and a deadly drought in Africa show that more needs to be done worldwide to safeguard lives, livelihoods and economic development.
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