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Missile capability gives Iran veto power 

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TEHRAN: The chairman of the National Security and Foreign Policy Commission of the Iranian Parliament said the Islamic Republic’s missile power, in a unique way, has given the veto right to Iran in strategic issues of the region.
Pointing out the issue of drone production in Iran in an interview with the Islamic Republic News Agency (IRNA) on Tuesday, Member Parliament Heshmatullah Falahatpisheh said, ‘Iran is one of the world’s powers in this filed and in addition to military and security use, including on the borders of the country, it has economic benefit and civilian use, such as explorations, discoveries, and cloud fertility.’
The head of the National Security Commission asserted that no aircraft can resist against the defensive power of the Islamic Republic of Iran.

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Envoys briefed about Pulwama attack

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ISLAMABAD: Envoys from African & Shanghai Cooperation Organisation (SCO) member states have been briefed on Pakistan’s position apropos Pulwama attack here today.

Talking to the Envoys, Foreign Secretary Tehmina Janjua commented on New Delhi’s accusation and termed it a knee-jerk’ reaction: “deliberate anti-Pakistan frenzy is being spurred in India”, she said. 

Dr. Faisal held: “Baseless Indian allegations and aggressive rhetoric are counterproductive and a threat to regional peace”.

Foreign Office Spokesman took to the twitter to maintain: “Pakistan desires normalization of resolutions with Indian Prime Minister Imran Khan and after his inauguration. Pakistan will take two steps if India takes one for normalization of ties. India canceled the agreed meeting between two FMs on UNGA sidelines on baseless pretexts…India owes an explanation on reports of Adil Ahmed Dar’s arrest and custody since 2019. India needs to introspect and respond to questions about its security and intelligence lapses that led to this attack…” 

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7 militants dead in clash in N. Afghanistan

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Clash kills 10 militants in N. Afghanistan

MAIMANA: Seven militants were killed and four others injured as clash erupted in Garziwan district of Afghanistan’s northern Faryab province on Saturday, an army spokesman in the northern region Mohammad Hanif Rezai said.

According to the official, the clash erupted early morning after the militants attacked some security checkpoints, and security forces retaliated forcing the militants to flee after leaving seven bodies behind, and four others injured. There were no casualties on security personnel, the official said.

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Asian Bourse: Falling Yen lets Tokyo stocks open higher

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Tokyo stocks gain on bargain-hunting

TOKYO: Stocks here opened slightly higher today, underpinned by a lower yen and gains in US shares on optimism over US-China trade talks.
The benchmark Nikkei 225 index, which closed at a two-month high on Wednesday, added 0.18 percent or 37.77 points to 21,182.25 in early trade. The broader Topix index was up 0.23 percent or 3.67 points at 1,593.00. “Japanese stocks will likely test their rebounding power (from lows around the turn of the year) thanks to continued gains in US shares and the yen’s drop,” Okasan Online Securities said in a note.
The market is “prone to profit-taking out of caution” after the Nikkei rose more than 800 points in the past two days, it added. Wall Street stocks rose for a second straight session Wednesday with investors betting that talks this week in Beijing between the top US and Chinese officials will help avert new US tariff actions scheduled for 1st March.
The greenback was changing hands at 110.93 yen early Thursday, up from 110.61 yen when the Tokyo market closed the previous day. A lower yen is positive for Japanese exporters as it makes their products more competitive outside Japan and also inflates profits when repatriated. Nintendo rose 0.25 percent to 30,070 yen and Honda climbed 1.43 percent to 3,044 yen. But Nissan was down 0.23 percent at 936.1 yen ahead of new Renault boss Jean-Dominique Senard’s meeting with officials from the Japanese automaker.
Former Nissan chief Carlos Ghosn on Wednesday shook up his legal team as he vowed to vigorously defend himself against financial misconduct charges. Investor reactions were muted to Japan’s growth data, released early Thursday, which fell within market expectations. It showed the world’s third-largest economy expanded 0.3 percent in the final quarter of 2018 after taking a hit from a series of natural disasters earlier in the year.

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