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Daily Archives: November 1, 2021

England’s Rashid vows no let-up in intensity against Sri Lanka


November 1, 2021

SHARJAH: England have been tipped as contenders to win the Twenty20 World Cup after their three crushing wins in the Super 12 stage, and leg-spinner Adil Rashid said on Sunday there will be no let-up in intensity when they take on Sri Lanka next. Eoin Morgan’s men have the chance to become world champions in both forms of white ball cricket, and …

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India’s T20 World Cup campaign: Where it all went wrong for Virat Kohli and Co


November 1, 2021

Virat Kohli’s India started the Twenty20 World Cup as favourites but their semi-final hopes are hanging by a thread after two losses, the latest an eight-wicket defeat to New Zealand. AFP Sport looks at where it is all going wrong for India, who suffered a 10-wicket humiliation to arch-rivals Pakistan in their first match. Batting flop India’s famed batting line-up limped to a …

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Kohli admits India ‘not brave enough’ as World Cup hopes fade


November 1, 2021

India captain Virat Kohli admitted his team was “not brave enough” after an eight-wicket rout by New Zealand left their Twenty20 World Cup hopes hanging by a thread on Sunday. Fast bowler Trent Boult and leg-spinner Ish Sodhi shared five wickets to restrict India to 110 for seven after being invited to bat first in the Super 12 clash in Dubai. Skipper …

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Stocks gain nearly 1,000 points in intraday trading on govt-TLP agreement, progress on IMF deal


November 1, 2021

Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index gained more than 900 points in intraday trading on Monday, buoyed by the agreement between the government and the banned Tehreek-i-Labbaik Pakistan (TLP) as well as the finance adviser’s statement regarding ongoing negotiations with the International Monetary Fund (IMF). The benchmark KSE-100 was up by 51.29 points or 2.06 per cent by 1:18pm. Raza Jafri, …

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Power sector discourages efficiency, affects businesses: report


November 1, 2021

ISLAMABAD: With more than 1.2 million applications pending for new connections despite surplus generation capacity, loadshedding remains prevalent in Pakistan where the existing electricity framework discourages efficiency while business as usual has become unsustainable. This has been concluded by Prime Institute, a private sector think tank, in its latest “State Owned Electricity Distribution Companies — A 5-year Performance Review” that …

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Food, social media and cricket victories


November 1, 2021

Clearly, it would be impossible to stuff one’s face while Asif Ali the Finisher was belting out six after six. Putting up screens to lure customers into restaurants is not as lucrative a business as it seems since the chairs get filled in a twinkle of an eye while the tables remain bare. Despite that, Fibbi café in DHA has put …

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Risks continue to pile up


November 1, 2021

The external and domestic pressures are intensifying, each pulling in different directions and generating uncertainties with mounting risks to the political economy. This is happening as over time the trade-offs of policy options have become more complex. For example, the huge rupee depreciation has helped increase exports and remittances, but it has failed to curb expensive imports, fueled imported inflation and reduced …

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G20 agrees on 1.5°C target ahead of UN climate talks


November 1, 2021

ROME: G20 leaders meeting in Rome on Sunday committed to the key goal of limiting global warming to 1.5 degrees Celsius and pledged action on the use of coal, but fell short on a target of zero emissions, according to a final draft communique. The pledges by the Group of 20 major economies, which emit nearly 80 per cent of …

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American B-1B bomber flies over Mideast amid Iran tensions


November 1, 2021

DUBAI: The US Air Force said on Sunday it flew a B-1B strategic bomber over key maritime chokepoints in the Mideast with allies including Israel amid ongoing tensions with Iran as its nuclear deal with world powers remains in tatters. The B-1B Lancer bomber flew on Saturday over the Strait of Hormuz, the narrow mouth of the Persian Gulf through …

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UAE urges citizens to leave Lebanon ‘as soon as possible’


November 1, 2021

DUBAI: The UAE on Sunday called on its citizens in Lebanon to immediately return home, a day after recalling its diplomats from Beirut over a Lebanese minister’s remarks on the Yemen war. “In light of current events… the foreign ministry calls on all its citizens in Lebanon to return to the UAE as soon as possible,” it said in a statement. …

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