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  Indo-Pak ties at crossroads again
Foreign Minister Shah Mahmood Qureshi has said that Indian leadership should not indulge in blame game over Mumbai attacks – He said Pakistan has decided on its own to extend full cooperation and assistance to India in the investigation of the incident.

Addressing a press conference at the Foreign Office, Qureshi said the federal cabinet has strongly condemned the Mumbai incident and expressed grief and sorrow with Indian government and people. It also offered condolences to the bereaved families.

The Foreign Minister said Pakistan stands fully committed to combat terrorism in all its forms and manifestations, as it has also been a victim of terrorism. Shah Mahmood Qureshi said Pakistan has also offered unconditional support and assistance to India to unearth the hands in this ghastly incident of Mumbai.

He said Pakistan government attaches high importance to having good, friendly and neighborly relations with India, as these relations are necessary for peace and stability in the region.

He said the Cabinet has also decided to remain fully engaged with the Indian government and political leadership. Meanwhile, the Chief of Army Staff (COAS) General Ashfaq Parvez Kayani and the Director General of the Inter Services Intelligence (ISI) Lt. General Ahmed Shuja Pasha had an important meeting to discuss the situation prevailing due to the recent incidents of terrorism in Mumbai.

Military sources term next 48 hours to be highly critical – do you think that prevailing tension could lead to any eyeball-to-eyeball confrontation between two nuclear-armed countries? And does India have plans to carry out any misadventure against Pakistan? We would welcome your opinion on this important development!
 
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 Current Affairs
No words can ever be enough to condemn the horror of what has happened in Mumbai.

Armed militants captured various major places of Mumbai late Wednesday, the trade centre of Indian state of Maharashtra. Over 155 people, including foreigners, were killed and hundreds wounded in Mumbai mayhem. Five key police officers were also killed in these attacks. The armed militants took several people hostage at many places including the hotels of Taj and Oberoi.

This is being termed as a terrorist activity of horrendous proportions in Indian
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 Current Affairs
President Asif Ali Zardari and UAE President Sheikh Khalifa bin Zayed al Nahyan have expressed their resolve to upgrade and further strengthen their existing bilateral ties, particularly in the trade and economic fields.

President Zardari was given a rousing red-carpet welcome upon arrival. Sheikh Khalifa, in a rare gesture, received the Pakistani leader along with his cabinet members.

Both leaders held in-depth discussions, covering bilateral ties and regional and international issues of mutual interest. During the one-on-one an
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 Current Affairs
The International Monetary Fund (IMF) has decided to extend 7.6 billion dollars to Pakistan under a 23-month loan programme, said Adviser on Finance Shaukat Tareen.

Addressing a press conference at State Bank of Pakistan, the Adviser said the IMF will provide this loan under stand by credit limit at interest rate ranging between 3.51 and 4.51 per cent and its repayment will be made in five years beginning from 2011. Governor SBP, Dr. Shamshad Akhtar was also present on the occasion.

Shaukat Tareen said IMF has not attached any n
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 Current Affairs
Obama's victory tonight marked beginning of a new era in American politics. First time in the history of the US, a black president is going to take charge of White House. It was indeed a historic moment. This victory was not only significant because it put an end to eight year republican rule in the US, but it is more significant because a change was need of the hour. Obama's victory showed that change was inevitable.

This word "Change" was in fact the central point of Obama's campaign, which not only helped him to win presidential race
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