From the News, Nation, Dawn, Pakistan Observer, Daily Times, Frontier Post, Nawa-i-Waqt (Urdu), Jang (Urdu) and daily Express (Urdu) newspapers                                                                            

20 January 2010

International News

Political

• Tokyo (Agencies) Japan and the US marked the 50th anniversary of the signing of their security pact Tuesday even as a dispute over plans to move a US Marine base on the southern island of Okinawa strains ties between the two major trading partners  (Pakistan Observer, p- 3)

Economic

• Tokyo (Agencies) Japan Airlines went bankrupt Tuesday with 26 billion dollars of debt in one of the country’s biggest ever corporate failures, beginning a painful overhaul involving more than 15,600 job cuts (The Frontier Post, p- 8, Daily Times, p- B5)