Pakistan cricket compilation video.

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Talking with Geo News, Javed Miandad said that he thanked chairman PCB for assigning him this responsibility.

He said that he would make his best efforts to help the Pakistan cricket team to regain its lost place.

Miandad said that as director-general PCB, he would look after all local and international cricket affairs.

Javed Miandad was one of the best batsmen in the world of cricket. He appeared in 124 Test matches and scored 8,832 runs. He also captained the national team in 34 Tests.

Upon the approval of loans by world financial institutions, the rupee value was seen gaining value.

Forex market dealers said the sale of dollars recorded increase as investors opted for off loading their US currency holdings.

The boost in dollar supply in the market resulted in strengthening of rupee as the dollar was bought at Rs78 and sold at Rs79.

Brent North Sea crude for delivery in January was down 27 cents at 51.57 dollars a barrel in late morning trade on London’’s InterContinental Exchange (ICE). Earlier it touched 50.61 dollars.

On the New York Mercantile Exchange (NYMEX), light sweet crude for December delivery slipped 29 cents to 54.10 dollars a barrel. It earlier fell to 53.30 dollars, the lowest point since January 2007.

“Concerns about slow demand from the global economic woes continue to weigh on market sentiment,” said Michael Davies, an oil analyst at Sucden brokers in London.

Later on Wednesday, the US Department of Energy publishes its latest weekly snapshot of energy inventories in the United States, the world’’s biggest oil consuming nation.

“An increase in distillate stocks may have been limited by some increase in heating oil demand due to cooler weather in the US Northeast, the world’’s largest heating oil market,” said Davies.

“Refinery capacity utilisation is expected near unchanged at 84.6 pecent; last year the figure was at 87 percent,” he added.

Oil prices have plunged almost two-thirds since striking record highs of above 147 dollars in July as a global economic slowdown dents world energy demand.

Prices in London had last week slumped to three-and-a-half-year lows close to 50 dollars, prompting the OPEC exporters” cartel to call an emergency meeting in Cairo to discuss output levels.

Crude futures should drop further to 43 or 44 dollars a barrel before rebounding along with the global economy next year, CFC Seymour securities said in a report published on Wednesday.

“We believe prices will be in decline until evidence emerges that the US is on track to end its recession,” CFC Seymour said in Hong Kong.

The London-based Centre for Global Energy Studies (CGES) on Tuesday forecast a contraction in global demand for the first time in 25 years amid a severe global economic slowdown.

On Monday, the Organization of Petroleum Exporting Countries, which produces 40 percent of the world’’s oil, said it was ready to intervene on a regular basis to help prop up the prices.

The share market opened downbeat today and the trend sustained itself throughout the session.

Trade volume improved to 118,000 shares compared to 99,000 shares traded yesterday.

National Assets attracted maximum trade activity as its share price declined by paisas 2 to paisas 42.

KSE 30-index also finished the day without any change at 9,981 points.

The U.S. and its major allies want to deprive Iran of “honor and independence”” by pressuring the country into halting uranium enrichment work, Ahmadinejad said today in a speech in the northwestern Zanjan province broadcast on state television.

“Now the great powers are disappointed, as they have not the least bit of hope to break the Iranian people down,”” Ahmadinejad said. “If great powers seek to take over Iran’’s rights, Iranian people will slap them so hard that they won”t find their way back home.””

Iran and the U.S. have been embroiled in a conflict over the nuclear program, which the Bush administration and its major allies say is aimed at building weapons.

Iran rejects the claim, saying it is developing nuclear power to generate electricity for a growing population and insists its uranium enrichment activities are rightfully based on the nuclear Non-Proliferation Treaty which it has signed.

The UN’’s International Atomic Energy Agency is to release a report on Iran’’s nuclear issue later today. The body’’s Director- General, Mohamed ElBaradei, said on Nov. 17 Iran is developing the technology to enrich uranium, which will allow it to build nuclear weapons.

Establishing trust in Iran’’s future intentions is “purely a political issue”” and will not take place unless dialogue is restored between Iran and the U.S, ElBaradei said.

Iran, which hasn”t had any diplomatic ties with the U.S. during the past three decades, has called for President-Elect Barack Obama to review U.S. policy toward the Middle East, citing his promise as a candidate to bring change.

“If you are speaking of justice you should apply it starting with yourselves,”” Ahmadinejad said in his speech today, addressing western powers, “bring an end to your oppression and crimes. Leave Iraq, Afghanistan and Palestine and let people live in freedom.””

The Bangladesh Nationalist party, one of the two main political formations, has refused to take part in the election unless a state of emergency imposed since January 2007 was lifted.

“The election may be put off until Dec. 28, if the government and major parties reach a decision to this effect,” Chief Election Commissioner A.T.M. Shamsul Huda said.

The BNP’’s main rival, the Awami League led by former prime minister Sheikh Hasina, has agreed to participate in the election.

Spokesman of Hizb-i-Islami said the militants targeted Nato helicopters with rockets and anti-gunship weapons in Chagharpa area of Maidan city.

He said the incident took place at 9:00 AM.

Addressing Nato defence chiefs’ meeting here, Kayani said he believes there is no military solution to the Afghan situation and it is necessary to understand the geo-strategic situation of Pakistan and Afghanistan.

General Kayani said that coordinated actions should be undertaken to avoid any border violation in future. General Kayani in his address apprised the Nato military committee of the overall security situation in the region. He also highlighted Pakistan’’s perspective on operational issues and the way forward.

The Army Chief clearly spelt the need for security and stability in the region through a comprehensive approach. He highlighted the need to reinforce Pakistan’’s effort and operate in a coordinated manner within respective national boundaries.

Earlier, General Ashfaq Parvez Kayani held separate bilateral meeting with Secretary General Nato, Jaap Hoop D Schesser and Chairman Military Committee Nato, Admiral Giampaolo Di Paolo.

He held individual meetings with French Chief of Defence and Admiral Michael Mullen, Chairman Joint Chiefs of Staff, USA.

General Kayani also attended a luncheon hosted by Chairman Military Committee, which was attended by all chiefs of Nato members as well as those from partnership for peace nations.