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Friday, October 15, 2010

Visit of Ahmadinejad

Iranian president Mahmoud Ahmadinejad has made a controversial visit to southern Lebanon, coming within a few kilometres of the Israeli border. Mr Ahmadinejad is on his first official visit to Lebanon. He received a hero's welcome from tens of thousands of Shiite Muslims - members and supporters of the militant group Hezbollah. President Ahmadinejad travelled to border towns in southern Lebanon that were bombed during the 2006 war with Israel. He gave a defiant speech praising Hezbollah's resistance of Israel. On the southern side of the border, Israeli civilians gathered to protest against his visit. They launched dozens of blue and white balloons, in the colours of Israel's flag, to show their opposition.

Pakistan flood damage

The floods that swept Pakistan since July caused about 9.7 billion dollars in damage, almost double the amount caused by a 2005 earthquake, the World Bank and Asian Development Bank said Thursday. The estimate was released by the two banks ahead of a key meeting in Brussels on Friday aimed at reviewing Pakistan's relief and recovery efforts. The Friends of Democratic Pakistan meeting gathers 26 countries and institutions. The estimate covers damage to infrastructure, farms, homes, as well as other direct and indirect losses, said the World Bank and Asian Development Bank (ADB). That "is almost double the amount of damage caused by the 2005 Pakistan earthquake," said Rune Stroem, ADB country director for Pakistan. In carrying out the assessment, teams from the two banks examined the extent of the damage in 15 key sectors across Pakistan, looking at direct direct damage, indirect losses and reconstruction costs. The agriculture and livestock sectors were the worst hit, followed by complete or partial damage to a large number of houses. Roads were "hit hard particularly at the district and village levels, and irrigation facilities have also suffered serious damage," a statement said. One-fifth of the country was affected by the floods, with the populous southern Sindh province the worst affected, it added.