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Daily Archives: October 12, 2020

Inability to end spat with rival Royce West threatens MJ Hegar’s ability to rally Black voters


October 12, 2020

MJ Hegar is still learning how to maneuver the minefields in Texas Democratic Party politics. The decorated Air Force veteran is running as an anti-politician, a leader with a soldier’s mentality to completing missions and achieving goals, whether it’s astutely managing the coronavirus pandemic or providing affordable health care for all Americans. At Friday night’s Senate debate at the Bob …

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Nadal wins 13th French Open to claim record-equalling 20th Grand Slam title


October 12, 2020

Spain’s Rafael Nadal demolished world number one Novak Djokovic of Serbia 6-0 6-2 7-5 in the French Open final to claim a record-equalling 20th Grand Slam title on Sunday. With his record-improving 13th triumph at Roland Garros, world number two Nadal is now tied with Swiss Roger Federer as the player with the most men’s singles major titles. Nadal was …

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Spain, Germany hold on for Nations League wins


October 12, 2020

LONDON: Spain and Germany held on to claim uninspiring wins in the Nations League on Saturday, when Luxembourg and Montenegro also won their games. Mikel Oyarzabal pounced on a horror slip by Swiss captain Granit Xhaka to seal a 1-0 victory for Spain in an empty stadium in Madrid, while Germany defeated Ukraine 2-1 in front of more than 17,000 …

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Haris stars as Northern edge SP to reach semis


October 12, 2020

KARACHI: Inspired by a fiery burst from Haris Rauf, defending champions Northern made certain of their semi-final qualification in the National T20 Cup after thwarting Southern Punjab’s late resurgence to clinch a narrow five-run victory in Rawalpindi on Sunday. After being restricted to a below par 145-7 at the Pindi Cricket Stadium, Northern fast bowler Haris wrecked the top-order batting …

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Zimbabwe ODIs moved to Rawalpindi over smog fears


October 12, 2020

LAHORE: Pakistan’s upcoming three-match One-day International series against Zimbabwe has been shifted to Rawalpindi due to logistical reasons, the country’s cricket board said on Sunday. Multan was scheduled to host the 50-over matches which would now be played at the Pindi Cricket Stadium from Oct 30, the Pakistan Cricket Board (PCB) said in a statement. The three ODIs are part …

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Hamilton takes 91st win to equal Schumacher’s F1 record


October 12, 2020

NURBURG: Even Lewis Hamilton once saw Michael Schum­acher’s record of 91 wins as unbeatable. Now he’s matched it. Lewis Hamilton equalled Schumacher’s all-time record on Sunday with an Eifel Grand Prix victory that catapulted the Mercedes driver closer to a seventh world championship. While the Briton triumphed at the Nuerburgring, the German circuit where Ferrari great Schumacher won five times, …

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Challenges facing economic recovery


October 12, 2020

Having provided liberal fiscal and monetary stimulus, policymakers are looking forward to an economic recovery driven mainly by the manufacturing sector and the construction industry. However, stimulus alone will not be enough. In the case of manufacturing, the growth has to be synchronised with an increase in agricultural output and the establishment of China Pakistan Economic Corridor (CPEC) related Special …

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In quest of sustainable rupee recovery


October 12, 2020

Pakistan is always in the quest of interest and exchange rate stability — the two prerequisites for sound economic growth. Structural issues of the real economy and of the external sector make it difficult to maintain interest and exchange rate stability for even a few years. That keeps economic growth unsteady with all its socio-political consequences. The PML-N government had …

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The ticking time bomb of circular debt


October 12, 2020

The loan programme of the International Monetary Fund (IMF) suspended in January remains in limbo as Pakistan’s public debt went past 87 per cent of GDP at the end of 2019-20, up from about 72pc of GDP at the end of 2017-18. Pakistan direly needs the IMF support to maintain healthy foreign inflows from bilateral and multilateral lenders to keep …

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