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Friday, November 23, 2007

Musharraf relents, Sharif to return to Pakistan - Reuters

Aaj Television quoted Chaudhry Shujaat Hussain, leader of the ruling PML, as saying that the party was not scared that its former boss Sharif was coming back.

Hussain was probably putting on a brave face, as many of his party could flock to Sharif's banner, given that Musharraf and his intelligence officials appeared to have done a deal.

News that Sharif would soon return, and talk that the emergency might soon be lifted, buoyed the Karachi stock market, which rose 1.4 percent. It has now clawed back much of the 6 percent it shed following the imposition of emergency rule on November3.

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