Pakistan's former prime minister Imran Khan was ousted in a no-confidence voted in April. AP
Pakistan's former prime minister Imran Khan was ousted in a no-confidence voted in April. AP
Pakistan's former prime minister Imran Khan was ousted in a no-confidence voted in April. AP
Pakistan's former prime minister Imran Khan was ousted in a no-confidence voted in April. AP

Imran Khan repeats call for early elections as PM Sharif faces economic crisis


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Former Pakistan prime minister Imran Khan is refusing to accept defeat, after a no-confidence vote last month, repeating claims on Tuesday that his government was ousted in a foreign-backed plot, and calling for early elections.

Mr Khan's four-year term in office ended on April 10, when he lost a no-confidence vote in parliament. Shehbaz Sharif, a former chief minister of Punjab who briefly spent time in exile abroad after a coup in 1999, was subsequently elected as prime minister.

  • The new Pakistani Prime Minister Shahbaz Sharif, centre, is congratulated by former president Asif Ali Zardari during a National Assembly session in Islamabad on Monday. AP
    The new Pakistani Prime Minister Shahbaz Sharif, centre, is congratulated by former president Asif Ali Zardari during a National Assembly session in Islamabad on Monday. AP
  • Shahbaz Sharif addresses the National Assembly in Islamabad. AP
    Shahbaz Sharif addresses the National Assembly in Islamabad. AP
  • Supporters line the street as Shahbaz Sharif’s motorcade leaves the session, after Pakistan's Parliament elected him as the new prime minister. AP
    Supporters line the street as Shahbaz Sharif’s motorcade leaves the session, after Pakistan's Parliament elected him as the new prime minister. AP
  • Shahbaz Sharif takes over from Imran Khan after a week of political turmoil ended in the latter being removed from office. AP
    Shahbaz Sharif takes over from Imran Khan after a week of political turmoil ended in the latter being removed from office. AP
  • Supporters of Shahbaz Sharif celebrate outside the National Assembly in Islamabad. AP
    Supporters of Shahbaz Sharif celebrate outside the National Assembly in Islamabad. AP
  • Fawad Chaudhry and Hammad Azhar, leaders of the Pakistan Tehreek-e-Insaf opposition party, speak to the media outside the National Assembly. AP
    Fawad Chaudhry and Hammad Azhar, leaders of the Pakistan Tehreek-e-Insaf opposition party, speak to the media outside the National Assembly. AP
  • Shahbaz Sharif leaves after attending a National Assembly session as Pakistan’s new prime minister. AP
    Shahbaz Sharif leaves after attending a National Assembly session as Pakistan’s new prime minister. AP
  • People in Pakistan watch a televised speech by newly elected prime minister Shahbaz Sharif. AP
    People in Pakistan watch a televised speech by newly elected prime minister Shahbaz Sharif. AP
  • Shahbaz Sharif addresses the National Assembly. He takes over after a vote of no confidence in Imran Khan. AP
    Shahbaz Sharif addresses the National Assembly. He takes over after a vote of no confidence in Imran Khan. AP
  • Jubilant Sharif supporters gather near the office of his party, Pakistan Muslim League (Nawaz), in Lahore on Monday. AFP
    Jubilant Sharif supporters gather near the office of his party, Pakistan Muslim League (Nawaz), in Lahore on Monday. AFP
  • Supporters of the newly elected prime minister flash victory signs in celebration. AP
    Supporters of the newly elected prime minister flash victory signs in celebration. AP
  • A supporter of Shahbaz Sharif holds a toy lion. His party, PML-N, has a tiger as its mascot. AFP
    A supporter of Shahbaz Sharif holds a toy lion. His party, PML-N, has a tiger as its mascot. AFP

In the lead up to the no-confidence vote, Mr Khan was quick to blame a foreign conspiracy to unseat him, an allegation he has repeated during rallies and media appearances since Mr Sharif’s appointment.

He previously called for early elections on April 21, saying this was his one demand after being removed.

“A sitting prime minister has been ousted through a conspiracy, therefore, all state institutions should look into the matter as it has turned out to be a huge setback for the country," he said on Pakistani TV channel Geo News.

Last week, Mr Sharif appeared to mount a political counterattack as Mr Khan faced charges of blasphemy, along with 150 other suspects.

Supporters of the former prime minister were accused of shouting insults at Mr Sharif outside a mosque during a recent official visit to Saudi Arabia.

The kingdom said several of the accused had been arrested, while Pakistan's Interior Minister Rana Sanaullah said there will be an investigation and "no one will be spared," if implicated.

The continuing political row, combined with significant remaining public support for Mr Khan, could threaten a stable transition.

The crisis comes amid a worsening economic downturn, with Mr Sharif facing tough negotiations for IMF support to the tune of $6 billion and looking to foreign allies for financial aid.

Mr Sharif's prospects for successful economic reform received a minor boost on Wednesday with the appointment of a new central bank governor.

Murtaza Syed, an "eminently qualified economist with rich IMF experience", takes over at the end of the three-year term of incumbent Reza Baqir, Finance Minister Miftah Ismail said on Twitter.

It was not immediately clear if Mr Syed would be a long-term replacement or an interim appointment by the government.

The move comes as Pakistan faces a number of economic challenges, including ballooning deficits and depleted foreign exchange reserves.

Pakistan's new government has sought an increase in the size and duration of the IMF programme, which has been slow moving forward.

Increased autonomy for the central bank was among reforms agreed upon between the lender and Pakistan as part of the programme that began in 2019.

Checks continue

A High Court judge issued an interim order on Friday suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports.

Mr Justice Colton said he was making the temporary direction until a judicial review of the minister's unilateral action this week to order a halt to port checks that are required under the Northern Ireland Protocol.

Civil servants have yet to implement the instruction, pending legal clarity on their obligations, and checks are continuing.

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
Chris%20Jordan%20on%20Sanchit
%3Cp%3EChris%20Jordan%20insists%20Sanchit%20Sharma%20will%20make%20an%20impact%20on%20the%20ILT20%2C%20despite%20him%20starting%20the%20campaign%20on%20Gulf%20Giants'%20bench.%3Cbr%3EThe%20young%20UAE%20seamer%20was%20an%20instant%20success%20for%20the%20side%20last%20season%2C%20and%20remained%20part%20of%20the%20XI%20as%20they%20claimed%20the%20title.%3Cbr%3EHe%20has%20yet%20to%20feature%20this%20term%20as%20the%20Giants%20have%20preferred%20Aayan%20Khan%20and%20Usman%20Khan%20as%20their%20two%20UAE%20players%20so%20far.%3Cbr%3EHowever%2C%20England%20quick%20Jordan%20is%20sure%20his%20young%20colleague%20will%20have%20a%20role%20to%20play%20at%20some%20point.%3Cbr%3E%22Me%20and%20Sanchit%20have%20a%20great%20relationship%20from%20last%20season%2C%22%20Jordan%20said.%3Cbr%3E%22Whenever%20I%20am%20working%20with%20more%20inexperienced%20guys%2C%20I%20take%20pleasure%20in%20sharing%20as%20much%20as%20possible.%3Cbr%3E%22I%20know%20what%20it%20was%20like%20when%20I%20was%20younger%20and%20learning%20off%20senior%20players.%3Cbr%3E%22Last%20season%20Sanchit%20kick-started%20our%20season%20in%20Abu%20Dhabi%20with%20a%20brilliant%20man-of-the-match%20performance.%3Cbr%3E%22Coming%20into%20this%20one%2C%20I%20have%20seen%20a%20lot%20of%20improvement.%20The%20focus%20he%20is%20showing%20will%20only%20stand%20him%20in%20good%20stead.%22%3C%2Fp%3E%0A
Spider-Man%202
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Insomniac%20Games%0D%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20%20Sony%20Interactive%20Entertainment%0D%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3EPlayStation%205%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

WHAT IS GRAPHENE?

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were experimenting with sticky tape and graphite, the material used as lead in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But when they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment led to graphene being isolated for the very first time.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. 

RESULT

Australia 3 (0) Honduras 1 (0)
Australia: Jedinak (53', 72' pen, 85' pen)
Honduras: Elis (90 4)

 


 

Multitasking pays off for money goals

Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.

That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.

"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.

Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."

People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.

"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."

Results

4pm: Al Bastakiya – Listed (TB) $150,000 (Dirt) 1,900m; Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)

4.35pm: Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m; Winner: Walton Street, William Buick, Charlie Appleby

5.10pm: Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m; Winner: Canvassed, Pat Dobbs, Doug Watson

5.45pm: Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m; Winner: Midnight Sands, Pat Dobbs, Doug Watson

6.20pm: Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m; Winner: Lord Glitters, Daniel Tudhope, David O’Meara

6.55pm: Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass

7.30pm: Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m; Winner: Final Song, Frankie Dettori, Saeed bin Suroor

The Intruder

Director: Deon Taylor

Starring: Dennis Quaid, Michael Ealy, Meagan Good

One star

Updated: May 05, 2022, 7:35 AM