Pakistan: Raza Rabbani warns of serious consequences if system derailed

ISLAMABAD: Pakistan Peoples Party (PPP) leader and Senator Raza Rabbani has warned of serious consequences if the current system is derailed.

Expressing his concerns in the Senate Monday, Senator Raza Rabbani said this time the federation is facing threats and not the constitution.

He said that media is a watchdog and that it is not acceptable to put curbs on any news channel. The days are gone when media was restricted, he added.

He said that the time has come for the democratic forces to find reasons as to why the situation is being deteriorated.

Addressing the Senate, Senator Saeed Ghani said that the nation is being misled by bring people on the streets. He questioned as to why the matter of Geo’s morning show is not resolved yet even after the channel’s apology.

He further said that he can not support curbs on media channels over the wish of one political party.

Read more » Media Cell PPP
http://mediacellppp.wordpress.com/2014/05/20/raza-rabbani-warns-of-serious-consequences-if-system-derailed/

Chinese train is faster than an American airliner

By Raphael Orlove

Yesterday, China’s state press outlets unveiled the CRH500, a new challenger to the record for conventional-wheeled high-speed trains. Its target is to break 310.7 miles per hour (500kph), which would make it as fast as the regional planes that have been flying everyone home for the holidays.P

The 310.7 mph record is faster than the 304 mph max cruising speed of the Candian-built and commonly America-used Bombardier Dash 8 (100 Series), a popular regional plane with over 90 individual airline companies flying over one thousand of them all around the world. US Airways flies Bombardier Dash 8s regularly and if you flew a small plane this year, there’s a chance that you were on a Bombardier.P

Car News China reports that this one-off test train is “the first of a new series real-world trains from manufacturer CSR Sifang Locomotive.” So we can expect to find these things racing between Beijing and Shanghai as fast as the little planes that serve as America’s high-speed intercity transportation.

Courtesy: JALOPINK
http://jalopnik.com/5871364/this-chinese-train-is-faster-than-an-american-airliner

Pakistan: JUI-F blames ‘ISI within ISI’ for kidnappings, killings

By Irfan Haider

ISLAMABAD: The Jamiat Ulema-i-Islam – Fazl (JUI-F) on Tuesday alleged that there is an “Inter-Services Intelligence (ISI) within the ISI” which is involved in kidnapping and killings of innocent people across Pakistan.

Commenting on a motion in the Senate regarding ongoing political situation in the country, JUI-F Senator Hafiz Hamdullah said the ISI was behind the incidents of missing persons and mass graves in Balochistan.

Former military ruler Gen (retd) Pervez Musharraf had said that there were some people within the ISI ranks who were not under the control of its chief while former chief justice Iftikhar Muhammad Chaudhry also said in his verdicts that the ISI was involved in the cases of missing persons, the JUI-F senator said.

“It was not decide since the independence (of Pakistan) that who will rule the country … either it will be the Parliament or those institutions whose employees get pays from the taxes of the nation,” he said.

Hamdullah said it was an alarming situation that the violators of Constitution were being considered as faithful and those who introduced the Constitution of 1973 were being considered as traitor in the country.

He also criticised the leadership of Pakistan Tehreek-i-Insaf (PTI) which was protesting against the alleged rigging in the May 11 elections.

Read more » DAWN
http://www.dawn.com/news/1107531/jui-f-blames-isi-within-isi-for-kidnappings-killings

Russian battleships in Shanghai for joint naval drills

A squadron of Russia’s Navy Pacific Fleet has arrived in Shanghai to participate in joint Russian-Chinese naval training dubbed ‘Joint Sea-2014’. The drills in the northern part of the East China Sea start on Tuesday and will go on until May 26.

The Russian squadron consists of six battleships and support vessels: the flagship of the Pacific Fleet, missile cruiser Varyag, anti-submarine destroyer Admiral Panteleyev, large landing ship Admiral Nevelskoy, anti-surface destroyer Bystry, tanker Ilim and ocean tug Kalar.

Read more » http://rt.com/news/159912-russia-china-naval-drills/

‘Warren Buffet Indicator’ Signals Collapse in Stock Market

Warning: Stocks Will Collapse by 50% in 2014

It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts.

“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it.”

Unfortunately Spitznagel isn’t alone.

“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber. “It could burst any day.” 

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNewsIntl/Stock-market-recession-alert/2014/02/10/id/551985#ixzz32HUjruRV