Author: newsdesk

  • PM Shehbaz invites Turkey to be a part of CPEC

    PM Shehbaz invites Turkey to be a part of CPEC

    Prime Minister (PM) Shehbaz Sharif has invited Turkey to be a part of China-Pakistan Economic Corridor (CPEC), suggesting that it would be a “wonderful joint cooperation”.

    Shehbaz Sharif reached Istanbul, Turkey on Friday for his two-day visit where at the airport he was received by the city’s deputy governor and other senior officials of the Turkish government.

    Inauguration ceremony for the third of four Milgem Corvette ships

    Following this, the Premier spoke at an inauguration ceremony for the third of four Milgem Corvette ships for the Pakistan Navy at the Istanbul Shipyard.

    The premier said the two countries under Erdogan’s leadership have a “great chance” to move forward in this field.

    Regarding the ship’s launch, PM Shehbaz said Turkey and Pakistan are “deeply engaged” in promoting their defense capabilities for peace to ward off aggression. He said the ship’s launch is for defense purposes instead of aggression.

    The prime minister called on Turkey to further collaborate on their defense production capacities to ensure that peace was restored in the world, adding that the globe was facing “great tensions”.

    Invite Turkey to join Pakistan, China in CPEC

    PM Shehbaz also addressed a joint press stakeout along with Turkish President Recep Tayyip Erdogan and invited Turkey to join the China-Pakistan Economic Corridor (CPEC) to bring about regional prosperity, alleviate poverty and empower people through better education and health facilities.

    “I would suggest that let this be a cooperation between China, Pakistan and Turkey. This would be a wonderful joint cooperation. This is how we can meet the challenges of today,” the prime minister remarked.

    He said that he would be “happy” to discuss the matter with the Chinese leadership if Turkey moved ahead with the idea of joining CPEC.

    Pitch to Turkish entrepreneurs

    Addressing a meeting of the Pakistan-Turkey business council in Istanbul on Saturday, he told the investors that his government was resolved to cut down “very expensive” imports of oil and petroleum products, on which $27 billion was spent last year. “We simply can’t afford this.”

    “It’s not just a paper, or a talk, or a feasibility,” he said about the project today. “I, along with my colleagues, I am committed to this philosophy that we shall implement this scheme with in letter and spirit with our own resources, with investment from Turkey, from China, from Saudia Arabia, from Qatar, from the UAE (United Arab Emirates), from the United States of America, from wherever.”

    He assured the investors that the Pakistan government would create a conducive, enabling and friendly environment for them to invest in the project.

    He also asked the Pakistan ambassador in Istanbul to facilitate the Turkish investors in coming to Pakistan.

    ‘Being in Turkey feels like being home’: PM Shehbaz

    Before reaching Turkey, the premier said that he is leaving at the invitation of my brother Erdogan and that being in Turkey feels like being home.

    He tweeted: “Our bilateral ties have entered a new era of strategic partnership under the leadership of President Erdogan. We are on course to unpack the full untapped potential of relationship.”

  • ‘Stop policing’: Sajal Aly, Adnan Siddiqui’s ‘war of words’ gets intense

    ‘Stop policing’: Sajal Aly, Adnan Siddiqui’s ‘war of words’ gets intense

    Actors Adnan Siddiqui and Sajal Ali indulged in a war of words with each other after Adnan expressed his issue with Shehzad Roy’s ‘remixed’ version of the National Anthem.

    On Thursday, the renowned musician Shehzad Roy performed a ‘remixed’ version of the National Anthem at the 21st Lux Style Awards.

    The anthem, which Roy produced to mark the 75th anniversary of Pakistan’s creation, features the lyrics as the original, but some of the more modern instruments used to create the melody were replaced with traditional ones.

    For Siddiqui, the performance was underwhelming to the point that he found the new version disrespectful.

    “It (National Anthem) is always played in the original rendition at matches, tournaments, and other state functions. At a famous award show, artists, however, fiddle with the National symbol and possibly get away with it too. Personally, I find ‘remix’ of the Tarana disrespectful.”

    Star-actor Sajal Ali disagreed with Adnan’s stance and shared her opinion on Instagram. She said the new version of the National Anthem was healing, and that it ‘reflected the values of our Constitution and remained true to the original anthem’.

    “As a Pakistani and an artist, I found the diversity of my country reflected in this rendition of the national anthem beautiful. I found it healing,” Ali said.

    The famous VJ and actor, Anoushey Ashraf, agreed with the Gul-e-Rana actor and said, “I absolutely agree with you. Many countries have different renditions of the original anthem as long as it’s done within the frame of decency and acceptability.”

    She added, “This is just adding more diversity to it to accommodate everyone, it doesn’t change its essence or the feel. Never will.”

    Adnan’s series of posts for Sajal

    Earlier today, the Merey Paas Tum Ho actor responded to the criticism and advised Ali to revisit the post as she had missed his point.

    Taking to his Instagram, he shared a series of stories stating that he was not ‘throwing shade on the “ethnicity” of the artists involved or on anyone’s patriotism.

    In one of the stories, he tagged the actor and reminded her how “there is a protocol to be followed for national symbols, the respect accorded to them much so that the first alphabets of national symbols are written in upper case.”

    “What is next because we are creative and should celebrate diversity? Hoist the National Flag upside down and design our own version of the emblem?” He added.

    The actors have worked together in a Bollywood movie Mom, alongside late Indian actor Sridevi.

  • PTI marches towards Islamabad for ‘Haqeeqi Azadi’

    PTI marches towards Islamabad for ‘Haqeeqi Azadi’

    Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said that there is a “threat to his life” but he is coming to Rawalpindi for the nation despite the injury.

    “My nation will come to Pindi for me,” a tweet posted from PTI’s official account quoted Khan as saying.

    Islamabad Police shares traffic update

    PTI leaders tweets on march

  • Will boycott ICC World Cup 2023 in India if it refuses to come to Pakistan for Asia Cup: Ramiz Raja

    Will boycott ICC World Cup 2023 in India if it refuses to come to Pakistan for Asia Cup: Ramiz Raja

    Chairman of the Pakistan Cricket Board (PCB), Ramiz Raja, has said that Pakistan will boycott the ICC World Cup 2023 if India refuses to visit Pakistan for the upcoming Asia Cup.

    “Who will watch the World Cup in India without Pakistan?” Raja. “We are very clear, if they don’t come to play in the Asia Cup here, we won’t go there for the World Cup,” the PCB chief added.

    Earlier, this year in October, Jay Shah, the Asian Cricket Council (ACC) president who is also secretary of the Board of Control for Cricket in India (BCCI), said that the Indian cricket team will not travel to Pakistan for the Asia Cup next year.

    “The Asia Cup 2023 will be held at a neutral venue,” Shah told the media after a BCCI annual general meeting. “It’s the government which decides the permission of our team visiting Pakistan so we won’t comment on that but for the 2023 Asia Cup, it is decided that the tournament will be held at a neutral venue.”

    “I am saying this as ACC President. We [India] can’t go there [to Pakistan], they can’t come here. In the past also, the Asia Cup has been played at a neutral venue,” he said.
    Prior to the ICC Cricket World Cup in India, which is slated for October and November 2023, Pakistan will host the 50-over Asia Cup. India last travelled to Pakistan in 2008 for the Asia Cup .

  • Joy for Joyland: SHC dismisses plea seeking ban on film

    Joy for Joyland: SHC dismisses plea seeking ban on film

    The Sindh High Court has dismissed a plea requesting ban on the movie Joyland, Naeem Sahoutara reports for Dawn.

    The petitioner requested a ban on the movie, stating that the movie depicts a relationship between a married man and a transgender woman, and that the plot is against the Constitution and Islamic principles.

    The bench was headed by Chief Justice Ahmed Ali M Shaikh.

    “In our view, where a cinematic work has passed through the censors, who have examined its content and cleared it for release with an appropriate certification, an individual cannot be allowed to trump that decision through a court proceeding based on his conception of morality. Indeed, it is not the function of the Court under Article 199 to make a moral judgment so as to curtail the freedom of speech and expression of a filmmaker, as safeguarded under Article 19 of the Constitution,” stated the detailed order passed by a division bench.

    “On the contrary, the default position of the Court under Article 199 ought to be that of fully safeguarding the fundamental right by giving as expensive an interpretation to Article 19 as possible, and in that event of a restriction being imposed by the Board or any other authority that may be competent in that regard, testing the reasonableness of that restriction stringently, so as to ensure that the same is “reasonable” in the strictest conceivable sense.”

    “Looking to the matter at hand, we are confident that Islam, being the great global religion that it is, is strong enough to withstand a cinematic work portraying a purely fictional account of a relationship humanizing a transgender character, and are equally sanguine that our society is not so weak as to crumble as a consequence,” the order stated.

  • Neymar out of Brazil’s next World Cup match with ankle injury

    Neymar out of Brazil’s next World Cup match with ankle injury

    After suffering an ankle ligament injury in his team’s opening victory over Serbia, Neymar will miss Brazil’s next World Cup match against Switzerland, the team doctor announced on Friday.

    After being replaced during Thursday’s 2-0 victory over Serbia, the Paris Saint-Germain forward was spotted with a swollen ankle.

    he 30-year-old sustained “ligament damage,” according to the Brazilian Football Federation’s (CBF) physician Rodrigo Lasmar.

    Due to an ankle strain, Danilo, the right back for Brazil, will also miss Monday’s game against Switzerland.

    “We will not have these two players for our next match but they continue their treatment with the aim of recovering in time for the rest of the competition,” the doctor said in a video released by the CBF.

  • SBP raises key interest rate to 16% amid economic difficulties to combat inflation

    SBP raises key interest rate to 16% amid economic difficulties to combat inflation

    The State Bank of Pakistan’s Monetary Policy Committee (MPC) increased the key policy rate by 100 basis points to 16 per cent on Friday, the highest level since 1999.

    The decision, according to the central bank, reflects the MPC’s belief that inflationary pressures have proven to be higher and more persistent than anticipated, according to a statement released following the meeting.

    “This decision is aimed at ensuring that elevated inflation does not become entrenched and that risks to financial stability are contained, thus paving the way for higher growth on a more sustainable basis,” the MPC said.

    The SBP stated that, notwithstanding the continuous slowing in the economy, supply shocks both domestically and globally are increasingly responsible for inflation.

    “In turn, these shocks are spilling over into broader prices and wages, which could de-anchor inflation expectations and undermine medium-term growth,” the statement read, adding that consequently the rise in cost-push inflation cannot be overlooked and necessitates a monetary policy response.

    The MPC also pointed out that the immediate costs of fighting inflation are less than the long-term consequences of letting it persist. In the meanwhile, reducing food inflation through administrative steps to clear supply-chain snags and any required imports continues to be a top focus.

    From September 2021 to November 2022, the central bank raised the interest rate by a total of 900 basis points, bringing it to 16 per cent.

    However, the committee noted that core inflation and rising food costs are now anticipated to raise average inflation for FY23 to 21-23 per cent.

  • Chinese-born Canadian pop star sentenced to 13 years in jail for sex crimes

    Chinese-born Canadian pop star sentenced to 13 years in jail for sex crimes

    Kris Wu, a Chinese-Canadian pop artist, has been found guilty of sex offences and sentenced to 13 years in prison.

    The 32-year-old musician and actor was found guilty by a Beijing court of raping three women and assembling a crowd to engage in an orgy.
    Wu was taken into custody after a student accused him of rape on a date.

    Later, 24 more victims came forward to accuse Wu on various charges.

    Wu was also slapped with a fine of 600 million yuan ($83.7m) for evading taxes by massively underreporting his earnings from performances, advertisements and other sources of income.

    On July 31 of last year, he was taken into custody in Beijing after being accused by an 18-year-old Chinese student of pressurising her and other girls, some of whom were minors, into having sex with him.

  • Pakistan will pay back $1 billion international bond 3 days before its due date: SBP governor

    Pakistan will pay back $1 billion international bond 3 days before its due date: SBP governor

    State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Friday that Pakistan will pay back a $1 billion international Sukuk bond three days before its due date of December 5, 2022.

    Given that Pakistan is recovering from terrible floods that claimed more than 1,700 lives and experiencing an economic crisis, there has been rising concern about its capacity to satisfy its obligations for external finance.

    SBP Governor stated during a briefing that the bond repayment, which expires on December 5, totals $1.08 billion.

    In order to guarantee that the repayment would not have an impact on foreign exchange reserves, Jameel noted that finance had been arranged from both international and bilateral sources. Next week on Tuesday, the Asian Infrastructure Investment Bank was anticipated to make an immediate infusion of $500 million, he added.

    As of November 18, Pakistan’s reserves at the central bank were just $7.8 billion, which is not enough to pay for a month’s worth of imports.

    However, Jameel stressed that he was optimistic the reserve number will be “far higher” by the end of the financial year in June 2023. Reserve levels will rely on the continuous realisation of anticipated inflows and the rollover of loans from friendly nations.

    He stated at the briefing that he anticipates that the inflows from foreign lenders would allow him to meet his external finance needs on schedule. Despite payments of $1.8 billion in November, he emphasised that reserves were steady.

    The early completion of Pakistan’s flood recovery plan, according to the International Monetary Fund (IMF), is crucial for negotiations and ongoing financial assistance from multilateral and bilateral partners.

    Pakistan is now enrolled in an IMF bailout programme, which it joined in 2019. Despite the fact that Pakistan is fighting a full-blown economic crisis with decades-high inflation and limited reserves, a fixed date for the ninth review to release much-needed cash is still pending.

  • Lt General Faiz Hameed plans to take early retirement after COAS appointment

    Lt General Faiz Hameed plans to take early retirement after COAS appointment

    Lieutenant Generals (Lt Gen) Faiz Hameed and Azhar Abbas are reportedly contemplating planning early retirement following the appointment of Lt Gen Asim Munir as Chief of Army Staff (COAS).

    Lt General Abbas is officially set to retire on April 27 next year while Lt General Hameed is scheduled to retire on April 30, 2023.

    Both are from Pakistan Military Academy (PMA) Long Course.

    Earlier in the week, General Headquarters (GHQ) sent a summary containing the names of the six senior-most lieutenant generals to the Ministry of Defence for consideration for the two top military posts.

    It is pertinent to mention that the summary included the names of Lt Gen Azhar Abbas and Lt Gen Faiz Hameed as candidates for the posts of army chief and Chairman Joint Chiefs of Staff Committee (CJSC).

    On November 25, Lt Gen Asim Munir was officially appointed as the new army chief of Pakistan while Lt Gen Sahir Shamshad Mirza was appointed (CJSC), the two seniormost men on the list making the final cut.