A supporter of ruling party Pakistan Tehreek-E-Insaf holds the national flag during a protest in Islamabad, Pakistan, on April 3. AP
A supporter of ruling party Pakistan Tehreek-E-Insaf holds the national flag during a protest in Islamabad, Pakistan, on April 3. AP
A supporter of ruling party Pakistan Tehreek-E-Insaf holds the national flag during a protest in Islamabad, Pakistan, on April 3. AP
A supporter of ruling party Pakistan Tehreek-E-Insaf holds the national flag during a protest in Islamabad, Pakistan, on April 3. AP


A tough new innings for Pakistan


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April 10, 2022

A tumultuous day in Pakistan came to an end at nearly 1am on Sunday morning, as did Imran Khan's nearly four-year-long tenure as Prime Minister.

In a largely expected turn of events, a no-confidence motion in the National Assembly removed Mr Khan from power. The popularity of his government had already been plummeting. His relationship with the military, considered an influential power centre in the country, had worsened and his own star had been on the descendant, especially in the past fortnight when several members of his own party, Pakistan Tehreek-e-Insaf, withdrew support, and defections extended to members of the assembly in the ruling coalition. The Supreme Court having overturned Mr Khan's decision to dissolve the assembly last week was the final nail in his premiership, which is nowhere near the first in the country of 220.9 million people to be truncated – though by means different from a no-confidence vote.

Pakistan's history speaks for itself. The army has always had a weighty role to play in politics. As far back as 1947, when it became an independent country, no prime minister has completed a full five-year term. It remains to be seen what happens between now and August 2023, when the parliamentary election is due to be held. What is clear, however, is that Mr Khan's successor has a long, steep road ahead to start getting the country on track, both domestically and internationally.

The next prime minister will have the crucial task of maintaining relations with its neighbours and repairing ties with the West

The terror group Tehrik-e-Taliban-e-Pakistan has in recent months increased attacks in the country. The violence that continually rocks the nation is merely one in several serious problems crippling Pakistan. Day-to-day life has become fraught for the massive numbers of people in the lower socio economic strata. The soaring prices of wheat, electricity and gas have become untenable. The rupee has reduced to one third of its worth from when Mr Khan took power in 2018. Inflation in the country is above 12 per cent. Foreign debt is at 43 per cent of GDP, and with also a stalled bailout package of $6 billion from the International Monetary Fund to unentangle, Mr Khan's successor will have inherited a heavy work load.

Another crucial task that will befall the next prime minister will be that of maintaining relations with its neighbours, but significantly, repairing its ties with the West, and taking on a more conciliatory tone with the US than Mr Khan did.

Soon after the incumbent's removal, opposition leader Shehbaz Sharif, imminently seen as as next-in-line to succeed Mr Khan, spoke rousingly in the National Assembly of "a new day, a new dawn" and wishing to place "balm on the country's sadness and wounds". Mr Sharif, 70, is the head of the party Pakistan Muslim League-Nawaz, and brother of Nawaz Sharif, Pakistan's former prime minister, who is exiled in London.

In an unmistakably triumphant tenor, and to loud applause in the house, Mr Sharif invoked in his speech the issue of justice, of not walking down the path of revenge, of not imprisoning innocent people, instead of allowing justice and the law take its course.

Only time will tell how much is accomplished of Mr Sharif's stated wish, irrespective of whether he succeeds Mr Khan or not, to restore Pakistan some of its compromised glory and set the nation and its people on a path of progress.

THE SPECS

Cadillac XT6 2020 Premium Luxury

Engine:  3.6L V-6

Transmission: nine-speed automatic

Power: 310hp

Torque: 367Nm

Price: Dh280,000

MATCH INFO

Uefa Champions League, last-16 second leg
Paris Saint-Germain (1) v Borussia Dortmund (2)
Kick-off: Midnight, Thursday, March 12
Stadium: Parc des Princes
Live: On beIN Sports HD

Our House, Louise Candlish,
Simon & Schuster

All Blacks line-up for third Test

J Barrett; I Dagg, A Lienert-Brown, N Laumape, J Savea; B Barrett, A Smith; J Moody, C Taylor, O Franks, B Retallick, S Whitelock, J Kaino, S Cane, K Read (capt).

Replacements: N Harris, W Crockett, C Faumuina, S Barrett, A Savea, TJ Perenara, A Cruden, M Fekitoa.

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

Dates for the diary

To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:

  • September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
  • October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
  • October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
  • November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
  • December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
  • February 2, 2018 Bodytree will host its 4th annual yoga market.

Crazy Rich Asians

Director: Jon M Chu

Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan

Four stars

Updated: April 18, 2022, 11:52 AM