KATY — Whoever wins the election for a suburban Houston statehouse district on Tuesday will represent the area for only nine months and almost certainly will never cast a vote in the Legislature unless they’re re-elected in November’s general election. But the election to fill the vacancy left by longtime Republican lawmaker John Zerwas in House District 28 has taken on epic …

The notable progress made so far in ongoing reforms with a myopic approach to achieving macroeconomic stability is now being underlined by a growing perception that the outlook for economic growth is getting murkier. According to the UN report titled “World Economic Situation and Prospects,” Pakistan’s economy is expected to grow at 2.1 per cent in 2019-20 — i.e. lower …

WASHINGTON: Pakis­tan’s overall economic freedom score has increased by 0.6 point, with higher scores for judicial effectiveness and property rights outpacing declines in monetary freedom and fiscal health, says a US think-tank report released on Saturday. The Economic Freedom Index 2019, compiled by the Washington-based Heritage Foundation, gave Pakistan 55.0 on a scale of 0 to 100, making it the …

Few regulations have been opposed by stockbrokers as vociferously as the proposed New Broker Regime. The two dozen “big brothers” of the fraternity are maintaining a safe distance from the controversy: the proposed regulations do not appear to touch their pockets and, in fact, promises to secure them bigger business. Despite all the wailing and gnashing of teeth by the …

ISLAMABAD: The government has constituted a five-member supervisory board to ensure independent oversight of implementation of National Savings Schemes (AML& CFT) Rules 2019 to comply with the requirements of the Financial Action Task Force (FATF). The FATF Plenary and Joint Working Group meetings are scheduled for February 16-21 in Paris to decide Pakistan’s possible exclusion from the grey list. In …

New Delhi intends to sell its entire stake in the debt-crippled national carrier Air India, the government announced on Monday, after failing previously to secure any bids for a majority share. The airline, which owes more than $8 billion, has been struggling to pay salaries and buy fuel, with officials recently warning that it would have to shut down unless …

LONDON: Liverpool let a 2-0 lead slip as League One Shrewsbury earned a FA Cup fourth round replay at Anfield thanks to a 2-2 draw, whilst Manchester United and Manchester City cruised into the fifth round on Sunday. Jurgen Klopp showed Liverpool´s focus is very much on a first Premier League title for 30 years as he made 11 changes …

AUCKLAND: India’s bowlers highlighted the balance of their side as they set up an easy seven-wicket win over New Zealand in the second Twenty20 international at Eden Park on Sunday to take a 2-0 lead in the five-match series. KL Rahul (57 not out) and Shreyas Iyer (44) then marshalled the run chase as they helped their side to reach …

JOHANNESBURG: Joe Root made a patient half-century as England set South Africa a world record target of 466 to win the fourth and final Test at the Wanderers Stadium on Sunday. The England captain scored 58 and played an anchor role before he was last man out as England were bowled out shortly before the close for 248. Root decided …

IRRESPECTIVE of how they have played in this T20 series, the selection of Shoaib and Hafeez is not only tactically indefensible but thought provoking too. It is in a way admission of failure of the system. If two forty year old are still better than two twenty year old then God save our cricket. Or may be its Misbah, who …