115 Dead, 250 Hurt in Pakistan Suicide Bomb Attack

A suicide bomber killed 115 and wounded 250 others in a failed attempt to kill former Pakistan Prime Minister Benazir Bhutto in Karachi today. Benazir Bhutto, who was unhurt in the attack, has just returned from a eight-year-long self-imposed exile to participate in the political process under encouragement from the Americans. Bhutto was traveling in […]

Pakistan Seeing Entrepreneurial Boom

Some of the ferocious entrepreneurial energy that has propelled India to a growth rate of over 9% lately seems to be moving westward – to Pakistan. Writing in today’s Wall Street Journal (subscription required), Peter Wonacott sees a new class of entrepreneurs in Pakistan ushering in pockets of dramatic change: Scores of new businesses once […]

Masala gets $4.5m Funding

Social networking start-up Masala Inc. has snagged $4.5 million in Series A funding from VantagePoint Venture Partners, according to a regulatory filing cited by PEHub. Amra Tareen, a former partner at venture capital firm Sevin Rosen Funds, is behind San Francisco-based Masala Inc. Social networking consultant Erik Sundelof is also involved in the new venture. […]

Paki Prez Musharraf to Dump Military Attire

Embattled Pakistan President General Pervez Musharraf has agreed to step down as the country’s military chief before the upcoming elections. In a deal reached with Pakistan Peoples Party leader Benazir Bhutto, Musharraf is also said to have agreed to drop corruption charges against Bhutto and other politicians. General Musharraf, who seized power from the civilian government […]

Musharraf Jumps in Bed with Benazir

Did anyone say that politics makes strange bedfellows? Ah, how true. How true. Beleaguered Pakistan President and military chief Pervez Musharraf has held secret talks for a second time with his bitter foe Benazir Bhutto, the leader of the Pakistan People’s Party and former Prime Minister of the country. The secret meeting is believed to […]

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