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Asif Khanzada

Sunny, windy weather ahead


February 24, 2020

A sunny pattern will return today with strong winds developing. Temperatures will climb into the 60s, but the wind will keep it from feeling warm. A west to northwest wind will be up around 20 to 30 mph this afternoon. Colder weather will push in Tuesday and Wednesday thanks to a north wind. Despite the drop, temperatures will quickly rebound …

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‘Socialist’ label hasn’t slowed Bernie Sanders, but his march gives some Texas Democrats heartburn


February 24, 2020

HOUSTON – Sen. Bernie Sanders’ decisive win in Nevada on Saturday, and his surprising ability to expand beyond a base of idealistic youth for whom “socialist” isn’t a disqualifying epithet, is forcing Democrats to ponder an uncertain future. The longer Sanders lasts as the front-runner, the harder it gets for other Democrats to shake off the label. As the Vermont …

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Donald Trump, Bernie Sanders showcase power of insurgency


February 24, 2020

LAS VEGAS — Three contests into the 2020 Democratic presidential election, it’s clear that the American people want change, perhaps a revolution. Bernie Sanders, the independent senator from Vermont, has won the popular vote in Iowa, New Hampshire and Nevada. Saturday’s domination of the Nevada caucuses showed his coalition includes more than young, idealistic voters. He performed well across the board. Now …

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Are we ready for another cycle of disruption?


February 24, 2020

Pakistan is clearly ill-prepared to deal with the possible impact of the epidemic crisis in China that may take time to subside. It can lead to supply chain disruptions, amplify the inflation and suppress consumer and business confidence, rattling the fragile economy and dragging the low GDP growth rate further down. There is an uneasy calm in business circles. Private …

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Time to rev up exports


February 24, 2020

Pakistan cannot survive without increasing exports exponentially. Sadly, it was only recently that the country’s policymakers realised the importance of exports for the country to break out of periodic boom-and-bust cycles responsible for leading us to the International Monetary Fund (IMF) for the fourth bailout in less than two decades. The consumption-driven growth strategy pursued by successive military and civilian …

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The banality of Punjab’s business plan


February 24, 2020

Last week, Lums hosted Dr Salman Shah, adviser to the Punjab chief minister on economic affairs, for a presentation of the freshly minted “Business Plan of Punjab”. Though Dr Shah delivered the message with candour and conviction, the plan came across as nothing but a skilful patchwork of past consultancy reports devoid of a pragmatic road map for policy reforms. …

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Govt to help KE raise generation capacity by 1,600MW


February 24, 2020

ISLAMABAD: Amid delays in K-Electric takeover by the Shanghai Electric Limited (SEL) of China, the government has decided in principle to facilitate the Karachi-based power utility to increase its own generation capacity by 1,600MW and enhance supply from the national grid to 1,400MW on an urgent basis. For this to deliver, the government would immediately allow the KE to start …

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Islamabad United beat Lahore Qalandars by 1 wicket in nail-biting contest


February 24, 2020

Islamabad United defeated Lahore Qalandars by one wicket in their Pakistan Super League (PSL) 2020 clash at the Gaddafi Stadium, Lahore on Sunday. This is the second victory for Islamabad United in this year’s PSL. Muhammad Musa, who could not shine with the ball today despite picking wickets, made up for it as he led his side to victory with …

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Ronaldo matches record in 1,000th game as Juve beat SPAL


February 24, 2020

MILAN: Cristiano Ronaldo marked his 1,000th official match by scoring a record-equaling goal to help Juventus win at SPAL 2-1 in Serie A on Saturday. Ronaldo scored for an 11th straight league game, matching the Serie A record set by Gabriel Batistuta in 1994 and equaled by Fabio Quagliarella last season. Ronaldo also hit the crossbar with a free kick …

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