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ISLAMABAD, Nov 23 (Reuters) - Pakistan's outgoing army chief rejected on Wednesday as "fake and false" claims by ousted prime minister Imran Khan that a U.S.-backed conspiracy had toppled his government, and also said the military would play no role in national politics in future. The former premier has also alleged that the military played a role in his ousting, a charge the army has denied. "A state of hysteria was created in the country on the pretext of a fake and false narrative," the army chief said about Khan's main accusation that Washington supported his removal with the help of a local handler. Over the weekend, Khan said that even if the military had not been involved it could still have saved his government. Khan's party spokesman Fawad Chaudhry told Reuters he had no comment on the army chief's remarks.
Police said the suspected shooter was arrested after Khan supporter Ibtesam Hasan overpowered him and threw off his aim, possibly saving the ex-premier from more serious gunshot wounds. Khan has accused three people of devising a plan to assassinate him, naming Prime Minister Shehbaz Sharif, Interior Minister Rana Sanaullah and intelligence official Major-General Faisal Nasser. Khan launched what is known as a long-march protest rally from Lahore to the capital on Oct. 28. He was waving to the crowd from a container mounted on a truck in Wazirabad when a man fired several shots at him. Reporting by Asif Shahzad in Islamabad and Mubasher Bukhari in Lahore, Pakistan; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Pakistan’s former Prime Minister Imran Khan is in a stable condition after being shot and wounded during a protest march, a senior leader from his party said Friday. One of Khan’s supporters was killed and 13 others, including two lawmakers, were wounded in the attack. He provided no further details, but Khan’s party in a brief statement urged supporters to hold nationwide rallies to condemn the shooting. Asad Umar, a senior figure from Khan’s party, blamed the shooting on Prime Minister Shahbaz Sharif, the country’s interior minister, and an army general without offering any evidence. Interior Minister Rana Sanaullah Khan said some political elements from Khan’s party were trying to create chaos in the country following the attack.
Party official Asad Umar says Khan was wounded in the foot and was not seriously hurt. Khan with later seen with a bandage on his right leg, just above the foot, according to reports and a blurry image. An unspecified number of supporters from his Tehreek-e-Insaf party who were part of the march were also wounded, according to the announcement from the party. The attack happened less than a week after Khan began his march from Lahore, the capital of Punjab province, along with thousands of supporters. Earlier, Fawad Chaudhry, a senior leader in Khan’s party, had said they plan to enter Islamabad on Friday.
Former Pakistani PM Imran Khan was shot and injured at a rally on Thursday. Another video showed Khan waving at the crowd before being taken to hospital. "Imran Khan was shot in the leg but was stable while being taken to hospital. It was posted online by Pakistani media outlet Naya Pakistan. Another video posted on social media appears to show the same incident from a different angle.
There was a lot of bleeding," Fawad Chaudhry, a spokesperson for Khan's Pakistan Tehreek-e-Insaf (PTI) party, told Reuters. "I heard a burst of bullet shots after which I saw Imran Khan and his aides fall down on the truck," witness Qazzafi Butt told Reuters. "Later, a gunman shot a single shot but was grabbed by an activist of Khan's party." [1/7] Former Pakistani Prime Minister Imran Khan is helped after he was shot in the shin in Wazirabad, Pakistan November 3, 2022 in this still image obtained from video. Her father and former prime minister Zulfikar Ali Bhutto was hanged in the same city in 1979 after being deposed in a military coup.
ISLAMABAD — Pakistan’s elections commission on Friday disqualified former Prime Minister Imran Khan from holding public office for five years, accusing him of unlawfully selling state gifts and concealing assets, his spokesman and officials said. Chaudhry condemned the move and urged Khan’s supporters to protest publicly. Balkh Ser Khosa, a prominent lawyer, said the commission disqualified Khan from holding public office because he unlawfully sold state gifts given to him by other countries when he was in power. Banaras Khan / AFP via Getty ImagesLaw Minister Azam Nazir Tarar confirmed that the commission found Khan guilty of the charges. Tarar said Khan has been disqualified from holding public office for five years.
Pakistan's former Prime Minister Imran Khan speaks at an event of Karachi Bar Association in Karachi on October 14, 2022. Pakistan's Election Commission disqualified former prime minister Imran Khan on Friday from holding public office after its tribunal found him guilty of unlawfully selling state gifts given by foreign dignitaries and heads of state, a lawyer for Khan said. Faisal Chaudhry, a lawyer in Khan's team, said the Election Commission tribunal had no jurisdiction in the matter, and said a challenge would be lodged in the high court. "The election commission doesn't have a legal authority to give a ruling in such cases," he told Reuters. After the tribunal's ruling, Khan's party spokesman Fawad Chaudhry called for supporters to come out on the streets to "topple this parliament".
US stocks fell Thursday, stretching their losses into a second consecutive session. A "disappointing lack of progress on curtailing inflation" will keep the Fed raising interest rates, said Philadelphia Fed President Patrick Harker. IBM and AT&T rose after their earnings reports while Tesla shares dropped. Investors sold off bonds, propelling the 10-year Treasury yield to 4.23%, a fresh 14-year high. Weekly US jobless claims unexpectedly fell to 214,000, compared with an Econoday estimate of 235,000 new filings for unemployment benefits.
Central bank moves and softer economic data have investors hoping that the Fed and other central banks are almost done hiking interest rates. There's some renewed hope for a Fed pivot on the horizon. Australia's central bank surprised forecasters by raising interest rates by a less-than-expected 25 basis points, becoming the first central bank to abandon its path of jumbo rate hikes. Fewer job openings mean employers aren't compelled to offer more competitive wages. Number of job openings Chart: Andy Kiersz and Madison Hoff Source: Bureau of Labor Statistics via FRED10.
US stocks climbed Wednesday, with the S&P 500 logging its first win in seven sessions. Oil prices rose and concerns about iPhone 14 demand weighed on Apple's stock. The Dow industrials and the S&P 500 were higher after six straight losses while the Nasdaq Composite rose for a second straight session. All 11 sectors on the S&P 500 gained ground, led by the energy group. Oil prices rose after US weekly crude stockpiles unexpectedly fell by 200,000 barrels.
The US dollar dropped against the Japanese yen on Thursday after Japan intervened in the currency market for the first time since 1998. The dollar lost as much as 2.6% when it hit 140.33 against the Japanese yen, the lowest level since September 6. It was Japan's first currency market intervention since 1998. The dollar this year has climbed 25% against Japan's currency, underscoring the greenback's broad strength against major currencies as the Federal Reserve aggressively raises rates to combat inflation. "Alongside growing rate differentials, Japan's weak trade balance (in part due to elevated energy prices) has also contributed to the yen's weakening.
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