Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

Imran levels fresh allegations against Sharifs after 'uncovering new evidence'

Imran levels fresh allegations against Sharifs after 'uncovering new evidence'



Imran Khan addressing a press conference in Islamabad. — DawnNews



Pakistan Tehreek-i-Insaf Chairman Imran Khan on Friday said that fresh documents that have been uncovered show that the Sharif family has 11 companies in Dubai, while also levelling more allegations against ousted prime minister Nawaz Sharif and his family.
"These new documents we have uncovered show that this family [the Sharifs] have 11 companies in Dubai and out of those, their company HDS Securities Pvt Ltd owns 52 villas in Dubai," Khan said while addressing a press conference in Islamabad.
"Imagine how many villas the other companies must own," he said, adding that another "discovery" made by his people says that the companies in Dubai have money pouring into them from Switzerland, Turkey, Oman and the United Kingdom.
"From Switzerland, there is an inflow of 60 million dirhams, and another 11 million dirhams. There's more money flowing in from other parts of the world which shows that they also have businesses in those parts of the world," Khan said while reading figures from a piece of paper.
Moving on to Ishaq Dar, he said that the former finance minister has only been sent on leave and not sacked because he is involved in laundering money along with Nawaz Sharif and his family.
"Why do you think Shahid Khaqan Abbasi gave Dar his own plane to leave the country, it was because they were all afraid he was going to end up telling the truth in court like he did before," Khan said.
"My other question is, why has Abbasi not told the country about the LNG deal he has made with Qatar. He said he will disclose the terms of the contract on the Parliament floor and then later said that the deal is confidential," Khan said, asking how a deal made with the country's money could be confidential.
"When these people say they are trying to save democracy, they mean they are trying to save their own thievery — that's what unites them," Khan remarked, adding that when people say Nawaz Sharif is the name of an ideology, they mean its an ideology based on corruption.
"I would like to ask the judiciary why it is taking pressure from this one powerful family. They should either get rid of the contempt of court law or apply it on everyone equally. This father and daughter duo say things against the Supreme Court and the judiciary and get away with it while the common man is reprimanded for even the smallest comment," Khan said.
"The Election Commission of Pakistan (ECP), which is not even a part of the judiciary, sent out my warrants for a remark I had made, while the SC has not said anything to Nawaz for his tirade against the highest judicial office in the country," he added.
"The people are behind the SC; it should not take pressure from this family," Khan said.

'Allies do not put each other on notice': FO lashes out at US after Pence's scathing remarks

'Allies do not put each other on notice': FO lashes out at US after Pence's scathing remarks




'Allies do not put each other on notice': FO lashes out at US after Pence's scathing remarks


The Foreign Office (FO) on Friday lashed out at the United States (US) hours after Vice President Mike Pence's warning that the Trump administration has "put Pakistan on notice", claiming that the statements diverged from recent conversations between both countries' officials.
"Allies do not put each other on notice," the FO statement said, noting that Pence's scathing remarks were "at variance with the extensive conversations we [Islamabad] have had with the US administration".|
Read more: 'Trump has put Pakistan on notice,' US VP Pence warns in surprise Kabul visit
The FO statement stressed the need for the US to create peace and reconciliation mechanisms instead of shifting blame onto Pakistan for its failures in Afghanistan
"Externalising blame should be put on notice," the FO said, in addition to a host of "factors responsible for exponential increase in drug production, expansion of ungoverned spaces, industrial scale corruption, breakdown of governance, and letting Daesh gain a foothold in Afghanistan."
Pence's statements are the harshest US warning to Pakistan since the beginning of the Afghan war more than 16 years ago and follows several recent statements, indicating US indignation with Islamabad.
The US VP visited Kabul's Bagram airbase in a trip cloaked in secrecy, becoming the most senior Trump administration official to visit the men and women fighting America's longest-ever war.

'How will US address our security concerns?'

Earlier today, Foreign Affairs Secretary Tehmina Janjua said Islamabad rejected US VP Pence's 'rhetorical' statements and allegations outright, and posed the question of how the US would be able to address Pakistan's regional security concerns.
During a Senate Foreign Affairs Committee briefing on Pence's remarks chaired by Nuzhat Sadiq, Janjua said that Islamabad and Washington are in touch regarding the US' "unliteral action" statements.
"How can unilateral action be taken on a single source of information?" she asked.
"Pakistan has no terrorist sanctuaries," she asserted, adding that the presence of terrorists in Afghanistan has been detrimental to Pakistan's safety. She also accused India of using Afghan soil to destabilise Pakistan.
Rejecting Pence's claim on the presence of terrorists on the Pakistani side of the Pak-Afghan border, Janjua said that Operation Khyber-2 had already cleansed the area of terrorists.
"However, if actionable intelligence is provided to us, Pakistan can conduct intelligence-based operations," she added.
"The bigger question is how will the US address Pakistan's concerns? Terrorists wanted in Pakistan are hiding away in Afghanistan and the refugee situation is also creating major problems for us."

'Malicious campaign against Pakistan'

The FO during a weekly press briefing on Thursday had warned against a "malicious campaign" being used to trivialise Pakistan's achievements in the war against terrorism, days after US President Donald Trump announced a new National Security Strategy (NSS) which is tough on Pakistan.
The NSS questions Pakistan’s ability to protect its nuclear assets, asks it not to indulge destabilising behaviour in Afghanistan reminds and insist that Islamabad is obliged to help Washington in Pakistan because it receives "massive payments" every year.
FO Spokesperson Dr Muhammad Faisal had rejected the "unfounded accusations" levelled against Islamabad by Trump, who had reminded Pakistan that it is obliged to help America because it receives "massive payments" from Washington every year.
"We have made clear to Pakistan that while we desire continued partnership, we must see decisive action against terrorist groups operating on their territory. And we make massive payments every year to Pakistan. They have to help," said the US president.
The 56-page NSS document says that "the United States continues to face threats from transnational terrorists and militants operating from within Pakistan".
"We will press Pakistan to intensify its counterterrorism efforts, since no partnership can survive a country’s support for militants and terrorists who target a partner’s own service members and officials," the document reads, adding: "We seek a Pakistan that is not engaged in destabilising behaviour."
Dr Faisal had asserted that the accusations in the NSS "belie facts on ground and trivialise Pakistan's efforts for fighting terrorism and our unmatched sacrifices to promote peace and stability in the region".
Last week, the Pentagon had also informed Congress that it would take 'unilateral steps' in areas of divergence with Pakistan while expanding cooperation between the two countries where their interests converge.

Australia win Ashes with crushing victory in third Test

Australia win Ashes with crushing victory in third Test





Australian players celebrate taking the Ashes series after bowling England out cheaply despite rain delays and a pitch controversy on the final day of the third Test.—AFP


Australia won back the Ashes after bowling England out cheaply despite rain delays and a pitch controversy to secure an innings win on the final day of the third Test in Perth on Monday.
Having confirmed his status as the world's best batsman with a match-winning double century, Steve Smith added victorious Ashes captain to his ever-expanding resume as England were dismissed for 218 in their second innings in the last Ashes Test to take place at the WACA Ground.
That gave the home side an innings-and-41-run win and an unbeatable 3-0 lead in the five-match series, having won the opening two Tests in Brisbane and Adelaide.
Pat Cummins secured the famous urn for the home side when he had Chris Woakes caught behind for 22, prompting Australian celebrations.
But while it was a comfortable win, there was high drama on the final day courtesy of yet another WACA pitch controversy.
Victory seemed assured for Australia when they had England 132 for four at the conclusion of the fourth day, still 127 runs behind with Australia yet to bat again, but a rain-damaged pitch threatened to end the match without a ball being bowled on the final day.
Showers had caused play to be abandoned early on the fourth day and they continued through to Monday morning, forcing a scheduled early resumption to be cancelled, with Australia needing just six more wickets to win the match and regain the Ashes.
Complicating matters further was a damp spot on the pitch, just outside the popping crease at the southern end of the ground.
WACA staff worked furiously with leaf blowers to try to dry the patch out as more showers passed through and the covers came on and off at regular intervals throughout the morning.
How the water got onto the wicket was unclear, although there was speculation it might have been linked to strong winds lifting the covers.
But umpires Chris Gaffaney and Marais Erasmus would not allow play to resume until they believed the pitch had been returned to the same condition as at the end of day four.
Play did not get under way until after lunch, and even then to the chagrin of an English camp who felt the conditions were dangerous.
England's batsmen also had to contend with balls jagging violently off cracks on the pitch in a contentious end to 47 years of Ashes cricket at the WACA Ground.
Wickets tumbled quickly for England upon the delayed resumption, with overnight batsman and first-innings centurion Jonny Bairstow bowled for 14 by the first delivery he faced for the day from Josh Hazlewood, which kept low.
Hazlewood removed England's last hope Dawid Malan — who backed up his first innings century with a fighting 54 before being caught behind — to finish with figures of 5-48.
Malan's first day heroics, when England appeared to be in a dominant position at 368-4 from which an innings defeat would be almost impossible, seemed a distant memory as he trudged from the field.

WI pin hopes on Gayle force to beat New Zealand in ODI series

WI pin hopes on Gayle force to beat New Zealand in ODI series






WHANGAREI (New Zealand): The West Indies will hope short-form master Chris Gayle can inspire a misfiring batting line-up in the One-day International series against New Zealand starting on Wednesday.
The tourists meekly surrendered with the bat as they slumped to a 2-0 Test series whitewash against the Black Caps, and need a major improvement in the three ODI games.
Gayle, arriving fresh from a record-breaking stint in the Bangladesh Premier League, promises to inject the aggression and confidence lacking so far during the tour of New Zealand.
He smashed a record 18 sixes in an unbeaten 146 off 69 balls in the BPL final to add to the slew of titles he already holds in the ultra-short form of the game.
Afterwards, the 38-year-old said he was “the greatest batsman of all time”.
His self-assessment may be debatable but New Zealand paceman Lockie Ferguson said the hosts were well aware of the threat the left-hander from Jamaica poses.
Ferguson said Gayle would need time to adjust to local conditions in the opening ODI at Whangarei’s Cobham Oval.
He said New Zealand’s new-ball combination of Tim Southee and Trent Boult would be aiming for an early breakthrough.
“Our opening bowlers are extremely good at swinging the ball, so I think there’s definitely a challenge for him there,” Ferguson told Radio Sport. “Of course, if he gets going then he’s one of those world-class batters who can go a long time and score lots of runs.”
The West Indies, who are ninth in the ODI rankings, will be without batsmen Marlon Samuels (finger) and Sunil Ambris (broken arm) as well as bowler Alzarri Joseph (back) through injuries.
The fifth-ranked New Zealanders are missing two of their biggest hitters in Martin Guptill (hamstring injury) and Colin de Grandhomme, who pulled out of the series after the death of his father.
They will also rest captain Kane Williamson and Southee after Wednesday’s first ODI as a busy season looms with home matches against Pakistan, Australia and England.
The remaining two matches are scheduled for Christchurch’s Hagley Oval on Dec 23 and Dec 26, respectively before teams meet in a three-match Twenty20 International series beginning from Dec 29.
Teams (from):
NEW ZEALAND: Kane Williamson (captain, first ODI only), Todd Astle, Trent Boult, Doug Bracewell, Lockie Ferguson, Matt Henry, Tom Latham (captain, second and third ODIs), Adam Milne, Colin Munro, Henry Nicholls, Tim Southee (first ODI only), Ross Taylor, George Worker, Neil Broom (second and third ODIs), Mitchell Santner (second and third ODIs).
WEST INDIES: Jason Holder (captain), Jason Mohammed, Shimron Hetmyer, Ronsford Beaton, Shannon Gabriel, Chris Gayle, Kyle Hope, Shai Hope, Sheldon Cottrell, Evin Lewis, Nikita Miller, Ashley Nurse, Rovman Powell, Chadwick Walton, Kesrick Williams.

‘Root-led squad does not contain enough good players to beat Aussies’

‘Root-led squad does not contain enough good players to beat Aussies’



‘Root-led squad does not contain enough good players to beat Aussies’



LONDON: Joe Root’s England team is simply not good enough to beat Australia in their own backyard and lack fast bowlers who can scare the opposition.
That’s the harsh verdict from the British press after the tourists slumped to a 3-0 Ashes deficit following a painful innings defeat in Perth, leaving them staring at a 5-0 whitewash for the third time in four series Down Under.
Australia have outbatted and outbowled their visitors in all three Tests and on Monday regained the famous Ashes urn with two games of the five-match series left to play.
“Many reviews could be conducted into the state of English cricket and the lack of incentive for young outright fast bowlers, the state of pitches — nothing like the WACA in Perth — and the questionable coaching methods,” wrote Daily Telegraph cricket correspondent Scyld Berry. “But the fundamental fact is that Root’s squad does not contain enough good players to beat Australia here.
“For an Ashes series in England, half of Root’s team would be in contention for a place in a composite XI,” he added. “In Australia, on the basis of the first three Tests, only Dawid Malan and Jonny Bairstow would get into a composite XI.”
Former England batsmen Geoffrey Boycott said not even the missing Ben Stokes — banned from international duties over an alleged fracas outside an English nightclub — would have made the difference.
“Nothing we have in English cricket would have changed the result. I can’t think of any player at home who could have made so much difference,” he was quoted as saying on the BBC website.
“Ben Stokes would have helped the batting and I would be surprised if he didn’t score runs at some point over here because he’s a good player but we’ve been outplayed.”
Former England Test all-rounder Vic Marks, writing in The Guardian, agreed that England’s troubles did not start with the Stokes incident, highlighting the batting of captain Steve Smith, averaging 142 in the series, as a key strength.
“At the head of the Australian team is the best batsman in the series and probably the best in the world,” he wrote. “Steve Smith has been superb, rescuing his side in Brisbane and forging the match-winning partnership in Perth.”
Former England captain and The Times chief cricket correspondent Michael Atherton said England’s bowlers have paled beside their Australian counterparts.
“While England have relied on two ageing bowlers who spearheaded their last whitewash here — [James] Anderson has done himself justice, [Stuart] Broad has not — Australia have revamped their pace attack completely, through the compelling combination of Josh Hazlewood, five wickets to the good in the second innings, Pat Cummins and Mitchell Starc — all younger, hungry, vital and fast,” he said.
Anderson has taken 12 wickets in the series so far but Broad has managed just five scalps.
By contrast, Australia’s top four bowlers — Starc, Hazlewood and Cummins plus off-spinner Nathan Lyon — have taken 59 wickets between them.
Former Ashes-winning fast bowler John Snow said England are having trouble unearthing fast bowlers to shake up opposition batsmen.
“Fast bowlers don’t grow on trees,” the 76-year-old told the Press Association. “The wickets used to be better, they’ve got slower here in England for years and years. They’ve been messed about by directives rather than just focusing on producing good, true wickets.
“Fast bowling is about physical ability, physique, the mentality, the coordination. But you’ve got to want to learn how to bowl quick and for it all to slot into place.
“You’ve got to learn how to do it yourself, the coaches don’t bowl the damn thing, the bowler has to bowl it.”
Meanwhile, a 5-0 series whitewash and the playing futures of England veterans Alastair Cook and Stuart Broad were focal among Australia’s reaction to winning back the Ashes on Tuesday.
“Cricket is getting shorter, and not just in the ways intended. It has taken Australia 15 days to regain the Ashes that they lost in 14 days just over two years ago,” The Australian’s Gideon Haigh wrote. “Kudos to the Australians. They have played substantially the better cricket for significantly longer phases.”
Haigh added: “But 3-0 so soon? It leaves the summer’s showpiece Tests, Boxing Day in Melbourne and New Year’s in Sydney with no bearing on the series.”
Catherine McGregor, writing for the Australian Broadcasting Corporation, noted: “England has been comprehensively routed. There are no easy or obvious answers to their problems — which now appear to include cascading mental disintegration.
“Another whitewash looms. Their batting and bowling are both deficient.
“Cook is now entering the twilight of his career.” Former cricketer Brett Geeves described the tourists as ‘putrid’.
“England have been putrid. But it’s not just against Australia they’ve been poor. They’ve actually lost their last seven away Test matches in a row, with three of those losses coming by way of an innings defeat,” Geeves wrote for Fox Sports.
The Courier Mail’s Robert Craddock said the true gauge of Australia’s abilities will be when they face South Africa early next year.
“For all of Australia’s dominance in this series, the true measure of their worth as an emerging cricket team will be how they measure up in the four-Test series in South Africa in March,” he said.
“The victorious Ashes campaign has confirmed a lot of the things suspected about this constantly remodelled Australian team.
“Steve Smith is a cut above the rest. It’s remarkable what one brilliant player is capable of.”
The Age’s Greg Baum added: “Australia can be well pleased with this Ashes reclamation, for it was at a level more of a triumph than their previous two successes. They are not yet a great team, but they have done a great thing.”

Pakistan squash academies grooming future champions: Qamar Zaman

Pakistan squash academies grooming future champions: Qamar Zaman




Pakistan squash academies grooming future champions: Qamar Zaman




ISLAMABAD: Squash legend Qamar Zaman on Tuesday said it will take up to four years to bring talented youngsters to fore who could play their role in regaining glory for Pakistan in the racquet game.
Talking to APP, Qamar said: “The Pakistan Squash Federation (PSF) has asked legendary duo of Jahangir Khan and Jansher Khan besides myself to work on youth in the academies set up in Islamabad, Karachi, Peshawar and Lahore and groom them for the future.
“I am confident that in four years time, talented players from these academies will be ready to represent Pakistan at international level in the best possible way,” he said.
Qamar further added that PSF president Air Chief Marshal Sohail Aman is making all-out efforts for the promotion of squash in the country and is providing the best facilities to squash players.
He said the PSF has sent a letter to the World Squash Federation (WSF), asking them to allow Pakistan to host the 2020 World Junior Squash Championship.
Speaking about the ongoing Pakistan Open Men’s Squash Championship, being played here at the Mushaf Squash Complex, Qamar lauded the PSF for its great efforts in bringing international squash back to the country.

Quirky Smith rises to exalted heights in Ashes triumph

Quirky Smith rises to exalted heights in Ashes triumph




Steve Smith



SYDNEY: Steve Smith has broken English hearts and smashed records with his phenomenal Ashes batting and is being acclaimed as the best Australian batsman since the greatest of all, Don Bradman.
That is rarefied company for the quirky 28-year-old skipper, who led Australia to reclaiming the Ashes with an imperious 239 — his highest Test score — in Australia’s mammoth first innings 662 for nine declared in the third Perth Test victory on Monday.
Ashes-winning skipper Smith has almost single-handedly batted Joe Root’s team out of the series, accumulating 426 runs in just four innings at an average of 142, which allowed his bowlers to do the rest.
Smith, whose idiosyncratic style — moving across his stumps as the bowler delivers — flies in the face of cricket’s purists, has a career average of 62.32 from 59 Tests.
That places him second only in Test history to Bradman, whose average of 99.94 at the pinnacle was forged from 1928-48.
Records have tumbled for the cricket-obsessive Smith, who broke into the Test arena as a leg-spin bowling all-rounder batting at number eight in 2010.
Since then Smith has reeled off the milestones to draw comparison with the greatest batsman the game has ever seen.
He has amassed 22 Test centuries, 14 of them in 29 Tests as captain. Bradman made 14 hundreds in 24 Tests as skipper.
Smith is only the fifth Australian captain, one of them being Bradman, to have scored two Ashes double hundreds.
Rival skipper Root has tried everything during the current series to dislodge Smith, to get him out of his ‘bubble’, but to little effect.
Over the 15 days of the one-sided series Smith has batted for more than three full days. He has simply been the difference.
Much has been said about Smith’s unconventional batting technique, in some ways similar to Bradman, who would bring his bat down in a rotary movement.
Smith is similarly unique and possesses rapier-like reflexes. He rarely hits the ball in the air, cutting down risk and making him even harder to set fields against.
“You wouldn’t coach a young player to hold a bat like he does with such a strong bottom hand or move around quite as much,” said ex-England captain Nasser Hussain. “But when his bat comes down in contact with the ball it is full face and his hand-eye coordination is just phenomenal.”
Former Australia captain Mark Taylor added: “At the moment his bat looks six-foot wide. Smith has got an insatiable appetite for runs. You can see when he bats, he gets in that little bubble.”
Such is Smith’s attention to detail that he gets his fiancee Dani Willis to act as a bowling-machine operator in their backyard for extra batting practice.
“He sets everything up and I just load the balls,” she revealed.
Smith is a notorious fidgety character while at the batting crease.
Host broadcaster Channel 9 counted 23 different ticks, fidgets and movements by him during his routine preparation before facing the bowler.
Other maverick moments have come to light during the Ashes series.
At a Perth drinks break while Smith was batting in his 399-ball epic, team support staff brought a chair onto the WACA Ground so Smith could sit down — not to rest, but redress.
As with tennis superstar Rafael Nadal’s fastidious obsession with the precise placement of his water bottles by his courtside chair, Smith also has a peculiarity where he is distracted by the sight of his shoelaces.

Gayle fails to fire as Kiwis cruise to 5-wicket victory

Gayle fails to fire as Kiwis cruise to 5-wicket victory




Ross Taylor (R) of New Zealand bats watched by West Indies Shai Hope (L) during the first ODI cricket match between New Zealand and the West Indies at Cobham Oval in Whangarei on December 20, 2017. —AFP


New Zealand cruised to a five-wicket win over the West Indies in the first one-day international in Whangarei on Wednesday.
The tourists reached 248-9 after losing the toss and being sent in to bat, a target the Black Caps overhauled with four overs remaining.
Opening batsmen George Worker and Colin Munro laid the foundation for the hosts' chase with a 108-run partnership.
New Zealand pacer Doug Bracewell was named man of the match after taking four for 55 with the ball, while spinner Todd Astle took three for 33 on debut.
The tourists struggled from the start of their innings, with dangerman Chris Gayle failing to fire and managing just 22.
Fellow opener Evin Lewis was the pick of the West Indies batsmen with a classy 76, while Rovman Powell staged a stirring rearguard action to score 59 off 50 balls.
However, New Zealand always looked comfortable pursuing the relatively modest total.
The loss leaves the West Indies yet to register a win on their New Zealand tour after a 2-0 whitewash in the Test series.
They have not won an ODI series in New Zealand since 1995, and are in a form slump that has seen them win only three of 17 ODIs contested in 2017.
The next fixture in the three-match ODI series is in Christchurch on Saturday.
New Zealand captain Kane Williamson and pacer Tim Southee will be rested for the second and third ODIs.

YUAN PROPOSAL PUZZLES FINANCIAL CIRCLES

YUAN PROPOSAL PUZZLES FINANCIAL CIRCLES



Yuan proposal puzzles Pakistan's financial circles


THE recent announcement by Planning Minister Ahsan Iqbal that all trade between China and Pakistan will now be settled in local currency, whether the Pakistani rupee or Chinese yuan, has raised some interesting questions. A swap arrangement between China and Pakistan was signed on Dec 31, 2011. Explaining the purpose of that arrangement, then governor of the State Bank of Pakistan, Yaseen Anwer, said “the principal objective of these swaps is to promote the use of regional currencies for trade settlement purposes” as well as advancing China’s aim of making the yuan into an international currency.
The size of the swap was 10 billion yuan from the Chinese side, and Rs140 billion from Pakistan ($1.6bn). Importers and exporters could now use the facility to settle their trade in the currency of both countries, instead of relying on US dollars, where a conversion fee would attach an extra cost. But in the years since its launch, the facility was rarely used by traders. Its biggest utilisation came in 2013, when the State Bank used it to draw $600 million to help the government tide over an emerging balance of payments crisis just long enough to get past the elections.
So when Ahsan Iqbal chose the occasion of the launch of the CPEC Long Term Plan to announce that “we are examining the use of RMB instead of the US dollar for trade between the two countries”, the first reaction amongst those who follow financial developments between Pakistan and China was: what is there to examine? A mechanism to do exactly this has existed for six years now.
Amongst those asking this question is Salim Raza, former governor of the State Bank. “I’m puzzled by the announcement,” he says. “It is not clear what exactly is being asked by the Chinese here, perhaps they’re just urging us to start using the swap arrangement, or perhaps they have asked for more” than just settlement of bilateral trade in local currency.
So long as the use of the yuan is restricted to settlement of trade-related payments, it has little impact on Pakistan’s economy. The fact that Pakistan runs a large and persistent deficit in its bilateral trade with China means that the supply of yuan will continuously need to be replenished, either through borrowing or through an expansion of the swap arrangement, or a combination of both.
Since the signing of the swap arrangement, Pakistan’s bilateral trade deficit with China has more than tripled, going from $4bn to more than $12bn today. Imports from China were $14bn last fiscal year, whereas exports stood at $1.5bn.
“If this is to extend beyond trade-related payments,” says Mr Raza, “then we have to be mindful. If it extends to commercial banking, or payment for services in the local market, then it runs the risk of introducing a parallel currency.”
In the fall of 2008, then finance minister Shaukat Tarin travelled to China as Pakistan was in the midst of a large balance of payments crisis of the sort that have episodically afflicted the economy. He returned bearing $500m as balance of payments support from the Chinese government, along with a missive from them, saying “we don’t usually do this sort of thing”.
To him, the proposal of conducting bilateral trade in local currency is a good one, “provided they are willing to commit to advance placement of yuan within Pakistan to support the move”, he says.
A high-level source in the Planning Commission, who could not speak for attribution, could only say that the proposal is still at an early stage and has some way to go before it is finalised. The Long Term Plan of CPEC, under which the proposal is being advanced, specifically mentions tripling the size of the swap arrangement to 30bn yuan in order to facilitate local currency settlement of all trade transactions.
China has been on an accelerating drive to globalise its currency for many years now. It has sought to encourage the use of the yuan as a reserve asset, meaning central banks of other countries can hold their foreign exchange reserves in yuan rather than dollars. It made a strong bid to include the yuan in the IMF’s basket of Strategic Drawing Rights (SDR), the currency the fund uses for its lending operations. But its strongest push towards the goal of globalising its currency has come in the form of massive swap arrangements with central banks of more than 30 countries around the world, totaling almost $490bn according to Bloomberg.
There is little data on how much these swaps have actually been drawn down though. Perhaps it is its reliance on Letters of Credit as the only mechanism to effect payment that serves as a disincentive for many traders to use the swap, since importers of Chinese goods rely on other channels to make payment. But how exactly the proposal will be effected, and how it will plug the persistent shortage of yuan in local foreign exchange markets, remain central questions as it moves forward.

Marriage and murder

Marriage and murder


This man killed his wife and tried to make it look like suicide




THEY fell in love at Jamia Millia Islamia, where they were both students. It was the early ’90s, and they were both studying mass communications. It was also the beginning of the private television channel boom. He was Muslim. She was Hindu. Both families opposed the relationship. To escape them, Suhaib Ilyasi, who would one day host the television show India’s Most Wanted, and Anju Singh, eloped to London. There in 1993 they got married. Anju converted to Islam and became Afsan, and everything seemed set for their ‘happily ever after’.
Except that there was no happy ending to this love story. When the couple returned to India in 1994, all their troubles were resurrected. Anju couldn’t live in Ilyasi’s house and returned to London. According to her brother, she was very unhappy in the marriage and considered a divorce during that time. But she returned to India and a year later the couple had a daughter whom they named Aaliya. Their problems continued and so did Anju’s efforts to leave, this time to her sister’s house in Canada. Ilyasi showed up to coax her back, and in 1998 she returned again to India.
That same year, an idea that the couple had come up with together came to fruition. In their first year together in London, Anju and Ilyasi had been inspired by the British show Crime Stoppers and wanted to create an Indian version of the same show. The two shot a pilot of the show, with the striking and beautiful Anju as the anchor. They were able to sell the show to ZeeTV but when it finally aired in March 1998, it was Suhaib Ilyasi who would be the anchor. The show, India’s Most Wanted, would make him famous. After its initial run of over 50 episodes, ZeeTV renewed the contract. Their idea had been a hit.
Many abusive men who drive their wives to suicide are not believed to be culpable in their deaths.
Their marriage, however, remained a flop. In 1998, not long after the show first aired, troubles prompted Anju to return to Canada again. The same cycle of separation and reconciliation followed. Relatives alleged that Ilyasi would harass Anju that her family had not provided enough of a dowry. In the February of 1999, Anju returned to India again, convinced this time by Ilyasi’s promises of a new apartment. They did buy a new apartment and spent 10 months redecorating and renovating it. The plan was to have a huge housewarming party on Jan 16, 2000, Anju’s birthday. The celebration would never happen.
On the evening of Jan 10, 2000, police were called to the couple’s apartment in Delhi. There they found Anju stabbed to death. Ilyasi said she had committed suicide and that he had tried to stop her by grabbing the knife. This was the beginning of a murder investigation that would last over 17 years. There would be differing autopsy reports; one insisted that homicide could not be ruled out. There would be divergent evidentiary analysis; one stated that Ilyasi’s fingerprints could not be found on the knife despite his own admission that he had tried to grab it from Anju as she tried to stab herself to death. Then there was the dubious manner of the death itself; people who commit suicide rarely stab themselves, and they almost never stab themselves twice. Anju had multiple stab wounds.
Last week, Anju’s family, which had been subjected to hearing after hearing, arguments, and a custody battle over the couple’s daughter, finally got some justice. Ilyasi, ironically the host of one of the most popular Indian television crime shows, was declared a criminal himself and found guilty of his wife’s murder. A man whose livelihood was to urge the apprehension of other criminals was finally imprisoned himself.
The high-profile nature of the Ilyasi murder case has meant that it has received a lot of attention. Many of the factors defining the case, however, are not altogether unknown in Pakistan and India. A couple fall in love and fail to get family support for their marriage. They get married anyway but once married the power dynamic between the two changes. In this particular case, while the two had come up with the idea of the show together, it was Ilyasi who hogged the limelight and left Anju at the sidelines.
Unlike an arranged marriage, this one did not have two families rooting for it and remained fragile and became ultimately murderous. That is not of course to say that arranged marriages are not abusive marriages. The harassment over dowry, the hostility of in-laws, are all factors that have plagued even those marriages that have had the blessing of both the families concerned.
Then there is the murder that took an innocent woman’s life. In this case, the high profile of the husband likely ensured greater attention for the investigation. In most other cases, the cover story of suicide is easily believed by police and by family members. The fact that a large number of abused women are understandably severely depressed and fed up of the tribulations of their existence makes investigations unlikely and rare. Another ignored dimension is the fact that many abusive men who drive their wives to suicide are not believed to be culpable in their deaths even while being the primary cause of it.
All over the world, in poor countries and in rich ones, murder by an intimate partner is a leading cause of death for women of childbearing age. High-profile cases like Ilyasi’s are windows through which we can see the dynamics inside so many homes and so many marriages. Ilyasi, wife killer, may finally be in prison but many others roam free, harassing and beating and intimidating and abusing, in plain sight, while the world looks the other away.

The growing wall of distrust

The growing wall of distrust


It is hard to find anyone in Kabul willing to speak in favour of Pakistan


IT is not just about the hostility of the government in Kabul; more troubling is the fact that the adverse sentiments in Afghanistan towards Pakis­tan are deeply entrenched in the public. The indignation has heightened over the past years, with most people in Kabul blaming Pakistan for their suffering. Those feelings are especially evident in urban and educated sections of Afghan society. There are very few who see Pakistan in a positive light.
This was very clear during my interaction last week with young students at a private university in Kabul. Education is one area that has seen massive progress over the last one decade in this country, despite worsening political instability and the spreading insurgency. Hundreds of thousands of students are enrolled in more than one dozen universities in the city — a marked transformation from the days of the retrogressive Afghan Taliban rule.
Most students I interacted with in a seminar shared similar views about Pakistan being a villain that is responsible for many of Afghanistan’s problems. Among the audience, there were many who were either born in Pakistan or whose parents had lived there as refugees for decades. Many complained about Pakistan supporting the insurgents responsible for the death of thousands of Afghans. Distrust of Pakistan is palpable. It is hard to find anyone in the Afghan capital willing to speak in favour of Pakistan.
It is hard to find anyone in the Afghan capital willing to speak in favour of Pakistan.
Ironically, there are many in the cabinet and several high-ranking officials in the Afghan government who spent a large part of their lives in Pakistan and benefited from its hospitality. The resentment is not restricted to any particular ethnic group — it is across the board. Even former Taliban officials who now live in Kabul have little empathy for the country which once patronised them. One is not sure, however, about public sentiments in other parts of the country.
Of course, it is expedient for our civilian and military leadership to dismiss these growing anti-Pakistan sentiments in Afghanistan as merely inspired by ‘enemy forces’. This state of denial is, however, not helpful in improving our image. Surely, one cannot deny that there has been a concerted campaign to slander Pakistan and make it a scapegoat for everything that has gone wrong in the war-torn country across the border. Yet one must not gloss over our flawed policies and attitude that are stoking public scepticism inside Afghanistan.
One of the major reasons for Pakistan’s growing isolation is that our entire Afghan policy is built around a skewed security paradigm while diplomacy has taken a back seat. Understandably, four decades of conflict in the region and Pakistan’s position as a front-line state has enhanced the role of the security agencies. But the formulation and implementation of policy should not be left entirely to the security establishment.
In fact, there is great need for diplomacy to take charge in times of conflict. Our foreign policy has suffered hugely because of its direction being determined solely by a national security paradigm that must be corrected in light of the fast-changing geopolitics of the region. Indeed, past baggage and Afghanistan being turned into a centre of a new Great Game does not make it easy for our policymakers to tread the tricky path.
But sticking to the old ways may not help deal with the challenges. Irrespective of whichever government is in power in Kabul we need to work with it and to respect its sovereignty. Our obsession with a ‘friendly’ Pakhtun-dominated government in the past has hugely contributed to public resentment against Pakistan.
One understands the concerns of our security establishment regarding India’s growing presence in Afghanistan, but the issue must not be exaggerated so that it clouds our entire decision-making process. What irritates the Afghans most is our insistence on curtailing India’s role in their country. Its very mention is seen as meddling in their internal matters.
Indeed, Pakistani militant groups having been granted sanctuaries across the border and the alleged Indian connection with these terrorist networks has become a major source of tension between Islamabad and Kabul. But there are also allegations of Afghan insurgent groups operating from inside Pakistani territory.
The question regarding Pakistan’s alleged support for the Taliban insurgents is not only regularly raised at official meetings but also questioned by the public. The rise of Taliban insurgents is seen by the younger generation as the most serious threat to the gains made in the field of education. The number of female students reportedly surpasses that of males in most universities and they want this trend to be protected.
It is not only important to improve relations with the Kabul government, but also to bridge the widening gap with the Afghan people. We have failed to take advantage of our geographical and cultural proximity to win public goodwill and strengthen our economic and trade ties in order to neutralise the antagonists. It is not just geopolitics but also geo-economics that should be driving our Afghan policy.
The recent measures taken by Pakistani authorities to send back Afghan refugees and put restrictions on cross-border travel have added to the indignation. Many complain about long queues for visa and difficulties in travelling to Peshawar for medical treatment.
Now many of them are flying to India that is providing a subsidised air travel facility for those requiring medical help. Unnecessary travel restrictions under the pretext of border management have further alienated the Afghans. The move has also affected trade, with Pakistani exporters suffering greater losses.
Although Pakistan remains Afghanistan’s biggest trading partner, the situation may change soon with Iran and Central Asia making significant inroads into the Afghan markets. The move to close down the border for over a month early this year has dealt an irreversible blow to our exports to Afghanistan that had reached between $2 billion and $5bn in 2014.
Such short-sighted and reactive actions have hugely affected our interests in Afghanistan. Hence it is not surprising to see how young Afghans feel about us.

China, Russia slam US ‘imperialist’ and ‘Cold War mentality’

China, Russia slam US ‘imperialist’ and ‘Cold War mentality’


China, Russia slam US ‘imperialist’ and ‘Cold War mentality’




BEIJING: China and Russia on Tuesday decried President Donald Trump’s first National Security Strategy — which pilloried both nations as challengers to US power — as a “Cold War mentality” with an “imperialist character”.
The two global powerhouses hit back hours after the Trump administration unveiled its approach to the world with biting language framing Beijing and Moscow as global competitors.
“We urge the United States to stop intentionally distorting China’s strategic intentions and to abandon outdated notions such as the Cold War mentality and zero-sum game, otherwise it will only harm itself or others,” Chinese foreign ministry spokeswoman Hua Chunying said. Moscow issued its own denunciation moments later.
“The imperialist character of this document is obvious, as is the refusal to renounce a unipolar world, an insistent refusal,” Kremlin spokesman Dmitry Peskov told reporters.
The report’s tough tone contrasts sharply with Trump’s friendlier face-to-face encounters with Chinese President Xi Jinping and Russian leader Vladimir Putin.
“China and Russia challenge American power, influence, and interests, attempting to erode American security and prosperity,” the document says.
Accusing China of seeking “to displace the United States” in Asia, the 68-page strategy is a litany of US grievances, from the Chinese stealing data to spreading “features of its authoritarian system.” “Contrary to our hopes, China expanded its power at the expense of the sovereignty of others,” it says.
Beijing launched a vigorous defence of its “peaceful development”, saying any report “which distorts the facts, or maliciously slanders will only do so in vain”.
“China will never pursue its own development at the expense of other countries’ interests,” Hua told a regular news briefing.
“At the same time we will never give up our legitimate rights and interests.” Trump received a lavish welcome during his first state visit to Beijing in November and was full of praise for Xi.
But the two countries have been locked in an increasingly acrimonious battle over trade issues, with Washington taking unprecedented steps to investigate and add tariffs to Chinese-made goods.
There are also lingering US concerns over China’s military activities in the disputed South China Sea, while Washington has angered Beijing with its arms sales to self-ruled Taiwan.
Speaking on Monday after the report’s release, Trump took a strikingly softer tone on Russia, lauding the benefits of counter-terror cooperation with Moscow.
Trump claimed that a recent CIA tip-off about a terror attack on a cathedral in Putin’s home town of Saint Petersburg had prevented deaths “in the thousands”.
“They were able to apprehend these terrorists before the event with no loss of life and that’s a great thing, and the way it’s supposed to work,” Trump said, offering the prospect of better ties.
Trump’s presidential campaign is being investigated for possible collusion with Russia in the run-up to his shock 2016 election win — allegations the 45th president has dubbed “fake news”.

Corruption trial against Ishaq Dar temporarily halted by IHC

Corruption trial against Ishaq Dar temporarily halted by IHC


Corruption trial against Ishaq Dar temporarily halted by IHC



The Islamabad High Court (IHC) on Wednesday ordered an accountability court in Islamabad to temporarily halt proceedings against former finance minister Ishaq Dar till January 17.
The court also restrained the accountability court from confiscating the properties of Ali Ahmed Qadoosi, the guarantor of former finance minister, until the next hearing.
On December 18, Dar, who is currently under trial for possessing assets beyond his known sources of income, had challenged in the high court an accountability court order issued on Dec 14 which declared him a proclaimed offender.
On Wednesday, a two-member IHC bench heard Dar's application challenging the accountability court's order.
Dar's lawyer Qazi Misbah informed the court that he wanted a representative to appear in place of Dar, who is ill and cannot travel to Pakistan.
Justice Athar Minallah remarked that an exemption from appearance could be granted under Article 540-A of the Criminal Procedure Code (CrPC) but asked how a trial could continue in the absence of the only accused.
"When will Dar be able to appear before the court?" he asked. "When did he last appear in the court?"
The National Accountability Bureau's (NAB) special prosecutor informed the court that the accused had last appeared before it on October 23. Qazi Misbah said he could inform the court of Dar's availability after the results of a medical examination scheduled for today were released.
Justice Miangul Hassan Aurangzeb said that no court would exempt an accused from appearing in court on the basis of the medical reports submitted by Dar's counsel.
Justice Minallah remarked that Misbah would have to explain his case better in order for a decision in his favour.
Dar is currently undergoing medical treatment in London, where he has remained for some time now.
An accountability court judge had earlier observedthat according to medical reports submitted in court, the under-trial former minister did not seem to be suffering from a serious heart condition or that he is unfit to travel to Pakistan to appear before the courts.
Justice Aurangzeb inquired whether it was because of the Supreme Court's order that NAB was in such a hurry to declare Dar as a proclaimed offender.
"The accused is also a Pakistani citizen. Why was he declared a proclaimed offender within 10 days?"
Justice Minallah told the NAB prosecutor that the accountability court had two options.
The first option was that it could nullify its declaration that Dar is a proclaimed offender and order the courts to complete their proceedings against the former finance minister within 30 days, and the second option was that accountability court proceedings against Dar be halted until the next hearing.
Subsequently, the special prosecutor chose the second option.
Justice Minallah also asked the NAB lawyer if he had verified Dar's medical report in line with the high court's orders.
The lawyer said that the reports had been sent for verification through the Foreign Office and had not been returned yet.
"We are not medical experts," Justice Minallah told the NAB lawyer. "You should have formed a medical board to look at the reports."
"The medical board would have looked over the reports and provided a diagnosis," he added.
The court sought arguments on whether to exempt Dar from appearance before adjourning the hearing until Jan 17.
The court also restrained the accountability court from confiscating the properties of Ali Ahmed Qadoosi, the guarantor of the former finance minister, until the next hearing.