While the report presents a challenge to the BJP leaders, it is also seen as providing the party with a chance to close ranks and emerge united from the infighting that had clouded its future. After being accused by the United States of “abdicating” toa Taliban insurgency that has heightened concerns aboutnuclear-armed Pakistan’s stability, the Pakistani governmentlaunched an offensive in Swat in late April and says it hassince killed 1,800 militants. Richard A.Mandell, who had served as President and Chief Executive Officer since April2009, will remain a Director of the Company. * General and administrative spending was $2.0 million for the second quarter of2009 as compared to $2.1 million for the same period in 2008. Broad stock indices such as the Eurofirst 300 .FTEU3 have risen near 40 percent since mid-March on hopes that the economy, plunged into recession by a financial crisis, is starting to stabilise.
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