Category Archives: Business & Finance

Pakistan, US Upbeat About Future Ties After Hostage Rescue

ISLAMABAD, PAKISTAN Pakistan and the United States, uneasy allies in the war against terrorism, appear upbeat about better cooperation and relations after a joint effort freed a U.S.-Canadian family from Taliban captivity.

Pakistani security forces, acting on a tip from U.S. intelligence, rescued American Caitlan Coleman; her Canadian husband, Joshua Boyle; and their three young children Wednesday, hours after kidnappers had transported them into Pakistan across the porous Afghan border.

The family has since been repatriated to Canada, after enduring five years as captives of the Taliban-linked Haqqani network in Afghanistan, which allegedly is tied to the Pakistani spy agency, ISI.

Coleman and Boyle disappeared while backpacking in Afghanistan in 2012. The Afghan Taliban later claimed responsibility for kidnapping them.

“Starting to develop a much better relationship with Pakistan and its leaders. I want to thank them for their cooperation on many fronts,” U.S. President Donald Trump tweeted Friday.

‘A good beginning’

Pakistan’s military spokesman, Major General Asif Ghafoor, while releasing fresh details of the rescue operation, said at a news conference Saturday that the incident offered a good opening in restoring mutual trust.

“We feel happy that there is a level of trust and confidence, which the U.S. leadership has shown in Pakistan and Pakistan’s security forces so we take it as a good beginning,” Ghafoor said.

The general went on to vow that if the “trust-based” relationship was carried forward and “you [U.S.] work with us, cooperate with us, trust us, we will take all actions which are in the interest of Pakistan” and in the interest of regional peace and counterterrorism efforts.

Ghafoor explained while discussing details of the rescue operation that the safety of the hostages was the top priority for Pakistani forces. The army spokesman added that the driver and three armed men escorting the hostages in a separate car fled into a nearby Afghan refugee camp as soon as security forces surrounded them and shot out the tires of their vehicles.

Ghafoor also released a video message that Boyle recorded just before the family flew out of Pakistan, in which the Canadian man praised the rescue operation as “incredibly professional.”

“So, I can say to you I did see the truth, and the truth was that [the] car was riddled with bullets. The ISI [Pakistani spy agency) and the army got between the criminals and the car to make sure that the prisoners were safe and my family was safe,” said Boyle.

Staging of event denied

The army released Boyle’s message in a bid to dismiss as “propaganda” reports that the rescue operation was staged and the release of the family was an outcome of secret negotiations with militants.

Coleman was pregnant at the time of the couple’s kidnapping. She gave birth to four children while in captivity.

In a statement at the Toronto airport, Boyle said members of the Haqqani network had killed one of the family’s children, an infant girl, and had raped his wife during the time they were held hostage.

While the hostage rescue has raised hopes of improved ties between Islamabad and Washington, analysts are skeptical about whether a single incident would bridge the trust deficit and ease long-running suspicions plaguing bilateral ties.

Tom Bossert, White House homeland security adviser, on Friday underscored challenges facing bilateral ties.

Hope of a trend

“We thank the Pakistani government and recognize this was a positive step. One action, though, does not constitute a reversal of a trend of unfortunate behaviors. However, we are hopeful that it portends that trend,” said Bossert.

U.S. officials think sanctuaries on Pakistani soil have enabled the Taliban to sustain and expand insurgent activities in Afghanistan, and they want Islamabad to do more to undo those safe havens.

Army spokesman Ghafoor again dismissed those assertions on Saturday and said Pakistan had cleared its territory of all terrorist groups, leaving “no room for us to do more.”

Source: Voice of America

Pakistan, US Upbeat About Future Ties After Hostage Rescue

ISLAMABAD, PAKISTAN Pakistan and the United States, uneasy allies in the war against terrorism, appear upbeat about better cooperation and relations after a joint effort freed a U.S.-Canadian family from Taliban captivity.

Pakistani security forces, acting on a tip from U.S. intelligence, rescued American Caitlan Coleman; her Canadian husband, Joshua Boyle; and their three young children Wednesday, hours after kidnappers had transported them into Pakistan across the porous Afghan border.

The family has since been repatriated to Canada, after enduring five years as captives of the Taliban-linked Haqqani network in Afghanistan, which allegedly is tied to the Pakistani spy agency, ISI.

Coleman and Boyle disappeared while backpacking in Afghanistan in 2012. The Afghan Taliban later claimed responsibility for kidnapping them.

“Starting to develop a much better relationship with Pakistan and its leaders. I want to thank them for their cooperation on many fronts,” U.S. President Donald Trump tweeted Friday.

‘A good beginning’

Pakistan’s military spokesman, Major General Asif Ghafoor, while releasing fresh details of the rescue operation, said at a news conference Saturday that the incident offered a good opening in restoring mutual trust.

“We feel happy that there is a level of trust and confidence, which the U.S. leadership has shown in Pakistan and Pakistan’s security forces so we take it as a good beginning,” Ghafoor said.

The general went on to vow that if the “trust-based” relationship was carried forward and “you [U.S.] work with us, cooperate with us, trust us, we will take all actions which are in the interest of Pakistan” and in the interest of regional peace and counterterrorism efforts.

Ghafoor explained while discussing details of the rescue operation that the safety of the hostages was the top priority for Pakistani forces. The army spokesman added that the driver and three armed men escorting the hostages in a separate car fled into a nearby Afghan refugee camp as soon as security forces surrounded them and shot out the tires of their vehicles.

Ghafoor also released a video message that Boyle recorded just before the family flew out of Pakistan, in which the Canadian man praised the rescue operation as “incredibly professional.”

“So, I can say to you I did see the truth, and the truth was that [the] car was riddled with bullets. The ISI [Pakistani spy agency) and the army got between the criminals and the car to make sure that the prisoners were safe and my family was safe,” said Boyle.

Staging of event denied

The army released Boyle’s message in a bid to dismiss as “propaganda” reports that the rescue operation was staged and the release of the family was an outcome of secret negotiations with militants.

Coleman was pregnant at the time of the couple’s kidnapping. She gave birth to four children while in captivity.

In a statement at the Toronto airport, Boyle said members of the Haqqani network had killed one of the family’s children, an infant girl, and had raped his wife during the time they were held hostage.

While the hostage rescue has raised hopes of improved ties between Islamabad and Washington, analysts are skeptical about whether a single incident would bridge the trust deficit and ease long-running suspicions plaguing bilateral ties.

Tom Bossert, White House homeland security adviser, on Friday underscored challenges facing bilateral ties.

Hope of a trend

“We thank the Pakistani government and recognize this was a positive step. One action, though, does not constitute a reversal of a trend of unfortunate behaviors. However, we are hopeful that it portends that trend,” said Bossert.

U.S. officials think sanctuaries on Pakistani soil have enabled the Taliban to sustain and expand insurgent activities in Afghanistan, and they want Islamabad to do more to undo those safe havens.

Army spokesman Ghafoor again dismissed those assertions on Saturday and said Pakistan had cleared its territory of all terrorist groups, leaving “no room for us to do more.”

Source: Voice of America

Mimecast to Report Second Quarter 2018 Financial Results on November 8, 2017

WATERTOWN, Mass., Oct. 13, 2017 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ:MIME), a leading email and data security company, today announced it will issue a press release reporting financial results for the second quarter of fiscal year 2018 after the close of the market on November 8, 2017.

Mimecast will host a conference call to discuss these financial results for investors and analysts at 4:30 pm EST (UTC-05:00) on November 8, 2017.  To access the conference call, dial (844) 815-2878 for the U.S. and Canada and +1 (615) 800-6885 for international callers and enter conference ID# 1077906.  The call will also be webcast live on the investor relations section of the Company’s website http://investors.mimecast.com.  An audio replay of the call will be available two hours after the live call ends by dialing (855) 859-2056 for U.S. and Canada or +1 (404) 537-3406 for international callers, and entering passcode ID# 1077906.  An archive of the webcast will be available on the investor relations section of the company’s website http://investors.mimecast.com.

About Mimecast
Mimecast (NASDAQ:MIME) makes business email and data safer for 27,300 customers and their millions of employees worldwide. Founded in 2003, the company’s next-generation cloud-based security, archiving and continuity services protect email and deliver comprehensive email risk management.

More information is available at www.mimecast.com.

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Blog: Challenging Complexity

Press Contact
Alison Raymond Walsh
Press@Mimecast.com
617-393-7126

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Robert Sanders
Investors@Mimecast.com
617-393-7074

Bakytzhan Sagintayev holds a meeting of the Board of Directors of NC Kazakhstan Invest JSC

Today at Ukimet Uyi, Prime Minister Bakytzhan Sagintayev has held a regular meeting of the Board of Directors of the Joint Stock Company National Company Kazakh invest.

The meeting discussed issues related to the further development of the company and the improvement of the work on attracting investors within the framework of the National Investment Strategy Program. The meeting also considered the operational budget plans, the work of the Internal Audit Service for the IV quarter of 2017 and the company’s other performance indicators.

For reference:

The Joint Stock Company National Company Kazakh Invest was established In March of this year, on behalf of the Head of State N. Nazarbayev, on the basis of the National Agency for Export and Investment “Kaznex Invest” (Government Decree No. 100 of March 3, 2017).

Sourc e: Government of the Republic of Kazakhstan

Karzai: Trump’s Afghan Strategy Fueling War, Regional Rivalries

ISLAMABAD, PAKISTAN Former Afghan President, Hamid Karzai is continuing his criticism of the new U.S. strategy for Afghanistan, asserting it does not bring a message of peace but instead increases war and fuels regional rivalries over his strife-torn country.

Addressing a news conference in Kabul, Karzai disclosed he has written a formal letter to President Ashraf Ghani, urging him to convene an emergency traditional grand assembly of elders, or Loya Jirga, for discussing Trump’s war plan and finding a way out of the conflict. The jirga meeting is needed to prevent Afghanistan from again becoming victim of rivalries between big powers, insisted the former president.

Karzai added he also has written a letter to the Taliban calling on the insurgent group to attend the meeting to help find a politically negotiated settlement to the Afghan war.

America’s new strategy for Afghanistan does not bring us a message of peace but a message of more hostilities and increases regional rivalries, said Karzai, who himself is being accused of stoking rivalries between Russia and the U.S. by issuing such statements.

Washington supported and installed Karzai as the head of the government in Kabul after a U.S.-led foreign military coalition ousted the Taliban from power in 2001 for sheltering al-Qaida. He went on to rule Afghanistan until 2013, and he developed deep differences with his U.S. allies on a variety of issues toward the end of his long rule.

The former president remained under fire for his inconsistent polices, a lack of key reforms and for not taking steps to stop rampant corruption in state institutions while the U.S. spent hundreds of billions of dollars on Afghan security and reconstruction projects.

Karzai said the regional cooperation Kabul and the United States were receiving until a few years ago in their efforts to stabilize Afghanistan has diminished and instead turned into a rivalry. He apparently was referring to increasing contacts Russia and Iran have established with the Taliban while the insurgent group continues to use alleged sanctuaries in Pakistan.

No I am not, Karzai replied when asked about allegations he was fueling conflict between major powers.

I am trying to bring a balance back in Afghanistan. I am trying to create an environment of cooperation between the big powers in Afghanistan and the neighbors because that is what we need exactly, and very much badly in our country, he insisted.

Karzai has been among a few prominent Afghans who have opposed from the outset President Trump’s strategy that he outlined in August. The plan allowed a modest U.S. troop surge and stepped up airpower to help Afghan security forces break the military stalemate with the Taliban.

President Ghani’s National Unity Government and many Afghans in general have welcome the new U.S. plan, hoping it will enable Afghan forces to reverse Taliban gains and pave the ground for a peaceful settlement to the Afghan war.

Ghani’s spokesman, Shah Hussain Murtazawi, dismissed Karzai’s assertions, saying the Afghan government is moving in the right direction to ensure security of its citizens.

America’s new strategy is for permanent peace and stability in the region and is based on views of the [Afghan] people and the government [of Afghanistan]. Foreign forces are only advising and training Afghan forces who are leading and themselves conducting security operations, Murtazawi noted.

U.S. officials so far have not responded to Karzai’s allegations.

Karzai also questioned the emergence of Islamic State in Afghanistan in the last few years, citing the development for Moscow and other nations, including Tehran, to engage with the Taliban in order to keep the Syria-based terrorist group from threatening their territorial boundaries using ungoverned Afghan spaces.

It is for the last four years, five years that they [Russia and other nations] have taken a different attitude because of the emergence of Daesh, because of the emergence of those other radical groups. They are wondering why? How come? Because the U.S. presence here was supposed to end extremism not to add to extremism, lamented the former Afghan leader.

Russian and Iranian officials have acknowledged maintaining contacts with the Taliban, which controls or contests more than 40 percent of Afghan territory. Moscow, Islamabad and Tehran have expressed concerns that the continuation of hostilities, particularly in Afghan border regions, will create security challenges for them.

Source: Voice of America

FIFA Suspends Pakistan Football Federation

FIFA says Pakistan’s Football Federation (PFF) has been suspended for “third-party interference.”

Zurich-based FIFA said on October 11 that the PFF offices and its accounts remained in control of a court-appointed administrator, violating the global soccer governing body’s rules on independence.

Following FIFA’s decision, Pakistan’s national and club teams are banned from international competition with immediate effect.

The suspension will be lifted once the PFF resumes control of its offices and accounts.

Pakistan’s national team is scheduled to play in the South Asian Football Federation Cup, hosted by Bangladesh, in September 2018.

Copyright (c) 2015. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave NW, Ste 400, Washington DC 20036.