August 2008 in Pakistan

August 2008 in Pakistan

* August 30 :The Pakistan Army claims that 30 militants have been killed in Swat, NWFP, in heavy fighting in recent days. [http://www.guardian.co.uk/world/feedarticle/7762724 (AP via "the Guardian")]
* August 28 :Karachi Stock Exchange has set a floor for stock prices to halt a plunge that has wiped out $36.9 billion of market value since April. [http://www.bloomberg.com/apps/news?pid=20602005&sid=awV0ia8PG9Z0&refer=world_indices (Bloomberg)]
* August 27 :Electricity crises in the country are getting worse. [http://www.dawn.com/2008/08/28/top7.htm (Dawn)]
* August 25 :Former Pakistani Prime Minister Nawaz Sharif has pulled his PML-N party - the country's second biggest - out of the multi-party governing coalition. [http://news.bbc.co.uk/2/hi/south_asia/7580931.stm (BBC News)]
* August 24 :The International Cricket Council has postponed next month's Champions Trophy in Pakistan until October 2009 because of security worries. [http://news.bbc.co.uk/sport2/hi/cricket/7579500.stm (BBC Sport)]
* August 22 :Pakistan will indirectly elect a new President of Pakistan on September 6 to replace Pervez Musharraf. [http://www.theaustralian.news.com.au/story/0,25197,24223939-2703,00.html (AFP via "The Australian")]
* August 21 :Two suicide bombings occur in the cantonment city of Wah in Pakistan killing at least 76 people and injuring 110. [http://news.xinhuanet.com/english/2008-08/21/content_9595477.htm (Xinhua)] [http://newsvote.bbc.co.uk/2/hi/south_asia/7574267.stm (BBC News)]
* August 19 :Pakistan's Post-Musharraf rally in Stock Exchange will be short-lived because of a rising fiscal deficit and runaway inflation, Credit Suisse Group said. [http://www.bloomberg.com/apps/news?pid=20602005&sid=aZ18KTXXC_zw&refer=world_indices (Bloomberg)]
* August 18
**Pervez Musharraf resigns as President of Pakistan. [http://www.geo.tv/8-18-2008/22972.htm (Geo tv)]
**Pakistan's leading share index has risen more than 4% after the announcement of the resignation of President Pervez Musharraf. [http://news.bbc.co.uk/2/hi/business/7567623.stm (BBC News)]
**Leaders of Pakistan's coalition government set about seeking a replacement for President Pervez Musharraf and tackling pressing economic and security problems. [http://in.reuters.com/article/topNews/idINIndia-35069320080819 (Reuters)]
* August 15 :Pakistani Rupee has hit a record low against the dollar on speculation that President Pervez Musharraf might be on the verge of resigning. [http://news.bbc.co.uk/2/hi/business/7563443.stm (BBC News)]
* August 14 :Pakistan's Independence Day was celebrated across the country with enthusiasm and traditional fervour on Thursday. [http://thenews.jang.com.pk/top_story_detail.asp?Id=16617 (The News)]
* August 7 :Pakistan's ruling coalition announces it will seek the impeachment of President Pervez Musharraf. [http://ap.google.com/article/ALeqM5iWe152N60O8rfHfthVTBaXBeBs3wD92DGE7O0 (AP)]
* August 3 :Eleven climbers have died in north Pakistan trying to scale the world's second-highest peak, K2. [http://news.bbc.co.uk/2/hi/south_asia/7539543.stm (BBC News)]


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