Re: Karachi Stock Exchange Attacked
^ You didn’t attack that rishwat khor officer! 
[FONT=Times New Roman]ASA dooston, I would like to say one thing, it is a saying “jiss tarha ke hamre aamal hoon gai us tarha ke hakim hamm pe mussallat kar diye jainge “ friends in todays world Muslims have forgotten Allah SWAT, we are living our lives the way we want to not the way Allah SWAT wants us according to the teachings of Islam, we are best at doing the following things, lie, cheat, steal, do all the wrong things which Islam stops from doing no steadeaness in salat, do not know Quran Hakeem, do not know Hadees Sharif, and the biggest of all our way of life is like kuffarr’s not according to the teachings of Radool Akram SAWS and Sahaba’s, until we change ourselves we will be disgraced everywhere we go, look around us brothers and sisters times have change all the earthquakes and disasters in this dunya is the sign that Allah SWAT is not pleased with us today, we have forgotten the ways of Rasool SAWS PBUH and Sahaba's ways and we have the culture and tehzeeb of non muslims in our lives, brothers and sisters if we do not change our ways soon ahhhhhh no telling how will Allah SWAT deal with us, may Allah SWAT give me firstly taufeeq for this and to all Ummati of Rasool SAWS PBUH also Ameen JazakAllah.
Re: Karachi Stock Exchange Attacked
I am sorry to say, but....
What bull$hit is this.
Don't these people know that stock exchanges rise and collapse? And it happens all the time. And that it is manipulated by big fishes?
If they can't handle it, these people shud take their money elsewhere. Damaging the property in this way is stupid.
Re: Karachi Stock Exchange Attacked
Pakistanis…
Atleast they are fighting for it 
When the same thing happened in India, the police had to secure the lake because most of them were heading to the lake to commit suicide! im not kidding!
I made call to his house(not so pretty ones)
I made noice in the office.
Eventually got that cable down. I didn’t mess with any poor low grade workers at WAPDA. Cuz that swine him self we responsible.
[FONT=Times New Roman]ASA dooston, I would like to say one thing, it is a saying “jiss tarha ke hamre aamal hoon gai us tarha ke hakim hamm pe mussallat kar diye jainge “ friends in todays world Muslims have forgotten Allah SWAT, we are living our lives the way we want to not the way Allah SWAT wants us according to the teachings of Islam, we are best at doing the following things, lie, cheat, steal, do all the wrong things which Islam stops from doing no steadeaness in salat, do not know Quran Hakeem, do not know Hadees Sharif, and the biggest of all our way of life is like kuffarr’s not according to the teachings of Radool Akram SAWS and Sahaba’s, until we change ourselves we will be disgraced everywhere we go, look around us brothers and sisters times have change all the earthquakes and disasters in this dunya is the sign that Allah SWAT is not pleased with us today, we have forgotten the ways of Rasool SAWS PBUH and Sahaba's ways and we have the culture and tehzeeb of non muslims in our lives, brothers and sisters if we do not change our ways soon ahhhhhh no telling how will Allah SWAT deal with us, may Allah SWAT give me firstly taufeeq for this and to all Ummati of Rasool SAWS PBUH also Ameen JazakAllah.
Totally agree with you...Jazakallah...
Wow…what chimps…where were the Seargents at arm…lol
Good to see you as happy as ever. So here is what I have to say
Shujaat - corrupt
Elahi - corrupt
Aziz - not corrupt
Nawaz - corrupt
Imran - Jerk
Just like you my friend, i am the judge and the jury around here 
Re: Karachi Stock Exchange Attacked
pakistani attitude towards laws is dont break them unless you have to - this attitude shows up all the time. usually the mob is not prosecuted even when deaths are involved
Good to see you as happy as ever. So here is what I have to say
Shujaat - corrupt Elahi - corrupt Aziz - not corrupt Nawaz - corrupt Imran - Jerk
Just like you my friend, i am the judge and the jury around here :)
Don of Karachi - Saint
Aziz was probably alot more corrupt and has more to hide, which is why he ran away to the US, and isnt even returning the calls (2pm calls mind you) by his ex-boss, aka the senile dictator.
Don of Karachi - Saint
Aziz was probably alot more corrupt and has more to hide, which is why he ran away to the US, and isnt even returning the calls (2pm calls mind you) by his ex-boss, aka the senile dictator.
you talk like propoganda machine.
Shujaat - corrupt Elahi - corrupt Aziz - not corrupt Nawaz - corrupt Imran - Jerk
lol strange term!
he never calls back night after , ehh?? hehe
**Pakistan sits on the brink
**
**The rupee is in a tailspin, the Karachi Stock Exchange is in a steady decline and food and fuel prices are soaring, contributing to power shortages, rising unemployment and an unprecedented trade deficit. By any measure, the Pakistani economy is in deep trouble.**
Violence by militants in the country’s northwest may have captured the headlines, but some economists are now predicting fiscal instability will cause more turmoil here than the pro-Taliban extremists.
“The economic problems here are really serious,” said Abid Hasan, a leading Pakistani economist. “But what’s really worrisome is how little is being done in response.”
Both internal and external factors are to blame. Rising oil prices have pushed up the cost of fuel imports by 71.4 per cent in the past fiscal year, according to figures recently released by Pakistan’s Federal Bureau of Statistics.
Historically a wheat exporter, Pakistan spent US$800 million (Dh2.9 billion) to import wheat during the last fiscal year. Much of the country’s crop was smuggled to the country’s neighbour, Afghanistan, where so much farming land is dedicated to growing a $3bn poppy crop that severe food shortages caused such a brisk smuggling trade that the Pakistani army had to seal the border on occasions.
Expanding imports of food and fuel have ballooned Pakistan’s trade deficit this year to $20.7bn, more than a 50 per cent increase on the last fiscal year, according to figures from the statistics bureau.
“Pakistan’s economy is experiencing serious balance of payment and fiscal deficit challenges,” said Robert Floyd, the World Bank’s country programme co-ordinator for Pakistan. “Expanding and improving existing social assistance programmes that directly target poor households is necessary to protect vulnerable sections of the population in the face of the dramatic increase in global oil and food prices.”
Continuing political instability in Islamabad has also weakened investor confidence in Pakistan, putting downwards pressure on the stock exchange, which recently recorded its lowest day of trading in terms of volume since 1998. Many businessmen complain that the government, elected in February, is too preoccupied with political infighting to cope with the country’s mounting economic issues.
A coalition of textile exporters even took out an advertisement in major newspapers, begging the government: “We seek your help”, and warning that their powerful industry stood “at a juncture of collapse, causing massive unemployment”.
**Senior government officials blame mismanagement by the former military-led regime for the current predicament. Many accuse Shaukut Aziz, the former prime minister and a former executive at Citibank, of allegedly cooking the books to paint a rosy outlook on Pakistan’s economy, when there were actually deep structural faults.
Pervez Musharraf, the president for eight years, also repeatedly postponed making tough decisions on large projects that would have generated energy, according to former government insiders. Some of the projects, like a massive hydroelectric dam proposed for the northwest, would have provided much-needed electricity, but would have been politically risky for Mr Musharraf, threatening to alienate vital coalition partners, the officials said.**
The result is that Pakistan now faces a huge electricity shortfall. Rural parts of the country suffer partial blackouts of up to 12 hours a day, and even the nation’s capital grinds along without traffic lights.
Recently in southern Punjab and the port city of Karachi, traders and businessmen burned tyres and marched in the streets to protest power cuts.
Even the most optimistic officials say there will be no end to the cuts before late next year, and many industrial leaders question how Islamabad will come up with the cash for the large power projects necessary, given its mounting deficit and weakening currency. The power cuts also reduce the country’s industrial output, further tilting the trade balance.
The economic uncertainty has put pressure on the rupee, which had traded at about 60 rupees to the US dollar for the past five years. Earlier this month, the currency sunk past 70 rupees to the dollar, a 14 per cent decline in just two months. That drop has made fuel and food imports even more expensive, adding to people’s woes.
Meanwhile, state-regulated prices for petrol, diesel and compressed natural gas have been steadily creeping up, amid pressure from the International Monetary Fund and the World Bank to ease subsidies – which the Pakistan government has long supported but can no longer afford – across the board.
“Such untargeted subsidies all too often result in inflation that hurts poor people even more,” said Mr Floyd. “The World Bank is working with the government of Pakistan… to figure out ways of identifying and targeting the poor… to cope directly with the food and energy crisis.”
But among Pakistanis, government measures have been deeply unpopular. “Govt Now Drops the Gas Bomb on People”, reported The News, one of the country’s leading newspapers, on July 1 when the government raised fuel prices by 31 per cent. “Price Hike Goes out of Control”, read Dawn, another leading paper.
Top economists here say even larger price rises could be on the cards if the rupee continues to fall and foreign exchange reserves keep dropping.
Some worry that another 30 per cent rise in fuel prices could spark major unrest.
The economic turmoil is already hurting many Pakistanis, especially in rural areas where most people live on less than $2 a day.
On a sweltering afternoon in the frontier city of Quetta, Abdul Majid toiled over a clay oven at his roadside bakery. He said he had been forced to double his prices in the past two months and that, as a result, most customers simply have bought half as much of his bread. “Where we used to go through two 100kg bags of flour a day, now we just go through one,” he said. “If this gets any worse, I don’t know how we will survive.”
you talk like propoganda machine.
So the news reports about Musharraf blaming Shauky for the mess, and asking him to come back and face the media/govt/opposition, were propoganda? Even Shauky's own party the PML[Qaaf] is blaming him for the economic mess. Are they on NS payroll? Is mushy on NS's payroll too?
Re: Karachi Stock Exchange Attacked
Any investor in the stock market should know that shares can go up as well as down :)
Re: Karachi Stock Exchange Attacked
Stock Exchange is primarily shares from privately owned companies and what affects their value, is the investors confidence. A bad earning report from a company, has adverse affect on its share value and investers are left with the option to either pull their money out, or buy more if they feel it will go up. Currently it seems many played this gamble, leaving their money, thinking that things will pick up. We did not have this situation last year, and stock brokers had more confidence in the local market. Blaming it on Aziz's government policies is crazy, since the same companies showed better earnings back then. Infact more investors flocked to the market, than ever before.
Re: Karachi Stock Exchange Attacked
When republicans tookover white house, the economy took a down turn. With no ability to turn the tide, they blamed the previous government (Bill Clinton), for painting a rosy picture to fool investors. Same story, different country. A small difference is, that in Pakistan Mush-Aziz regime was the only one (since Ayub's first 5 years), when things started looking better.