Tuesday, May 1, 2012

The Express Tribune Newsletter: May 02, 2012

Today's Headlines

Analysis: May Day, May Day!

M Ziauddin

Hopefully, in keeping with the event's first ignominious anniversary, the Abbottabad Commission would finalise and submit its report to the authorities by the end of this week.

Labour of love: PM unveils Labour Day surprise for workers

Our Correspondents

Prime Minister Yousaf Raza Gilani unveiled a Labour Day surprise for workers on Tuesday by increasing the minimum wage from Rs7,000 to Rs8,000 and revising pensions by up to 20%.

PM's conviction: 3 judges excuse themselves from appeal bench

Shehzad Baloch

An appeal to the conviction, if filed by the premier, will meet an incomplete bench.

We will continue to carry out attacks such as Bannu: TTP

Nasruminallah

"We will continue to carry out attacks such as the one in Bannu," said Asim Mehsud, a spokesperson for the Tehreek-e-Taliban Pakistan (TTP) while also denying reports that escaped prisoners were handed over under any truce with the government.


Business

Strategic retreat: Tax collection target revised downwards

Our Correspondents

The government has revised the tax target to Rs1.929 trillion, Rs23 billion less than budgetary projections after Federal Board of Revenue failed to hit monthly goalposts for consecutive two months.

Federal treasury: State Bank's 'hidden liabilities' swell to $2.1b

Shahbaz Rana

The hidden liabilities of the State Bank of Pakistan (SBP) due to massive exposure to forward contracts have swelled to $2.1 billion that will have to be paid within a year and may bring down the foreign exchange reserves, putting the rupee under pressure.

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Sports

Cricket: Snubbed Mohsin offers a helping hand

Fawad Hussain

Former coach Mohsin Khan has offered a helping hand to the Pakistan Cricket Board (PCB) in its bid to revive top-flight international cricket in the country.

I've given up on my Olympics dream: Aqeel

Our Correspondents

The London Olympics may be drawing closer by the day but Pakistan's hopes of representation dims by the second.

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Life & Style

There's no business like the fashion business

Hani Taha

Of the brands that made a splash at the recently held Fashion Pakistan Week 3 were the British retail brands Next, Monsoon and Accessorize, making a mark for actually encapsulating the event's central theme of 'high street fashion'.

Summer make-up tips: Beauty journal

Momina Sibtain

Make-up to a woman is as indispensible as oxygen is to life. Regardless of how simple one's look may be, make-up acts as an enhancing element and it is important to know how to apply it correctly. This can only happen when you know what complements your face.
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Opinion

Brennan's legal realpolitik!

Ejaz Haider

From among our many wounds

Shehzad Chaudhry

After Osama bin Laden

Taha Siddiqui

Stalemate is not an option!

Tariq Fatemi

Freedom and sovereignty

Khaled Ahmed

Blogs

A year after Bin Laden: Could it happen again?

Michael Kugelman

Let's hope your heart keeps going on and on

Meiryum Ali

Indian 'nationalism': Why Kashmir won't move on

Jehangir Ali

The life of a business reporter

Kazim Alam

Poll

Will Nawaz Sharif's protest movement against Gilani result in the PM stepping down?

No (81%, 443 Votes)

Yes (19%, 106 Votes)

Total Voters: 549

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