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NEW YORK, NEW YORK - JUNE 09: Virat Kohli and Mohammed Siraj of India celebrates following the team's victory in the ICC Men's T20 Cricket World Cup West Indies & USA 2024 match between India and Pakistan at Nassau County International Cricket Stadium on June 09, 2024 in New York, New York. (Photo by Alex Davidson-ICC/ICC via Getty Images)India dealt a cruel blow to rivals Pakistan's T20 World Cup hopes with a thrilling six-run victory in New York. However, the Pakistan batting attack fell apart under the pressure and from 72-2 were reduced to 88-5 themselves, unable to find big boundaries in the final overs to seal a big win. In Group A, India now sit top of the table, with USA in second. Pakistan are now in fourth and are yet to pick up a win.
Persons: Virat Kohli, Mohammed Siraj, Alex Davidson, Jasprit, Pandya, Bumrah, Mohammad Rizwan, Naseem Shah, Haris Rauf, Mohammad Amir, Babar Azam, Suryakumar Yadav, Usman Khan Organizations: NEW, ICC, West Indies, Nassau County International Cricket, Getty Images, Pakistan, USA Locations: India, Pakistan, New York , New York, New York
CNN —Pakistan’s heartbreaking Men’s T20 Cricket World Cup continued as it succumbed to a dramatic six-run defeat against archrival India on Sunday following its shock loss to the USA earlier in the week. Often described as one of the greatest sporting grudge matches in the world, an India-Pakistan cricket match is always bound up in the geopolitical faultlines that separate the two nations. India narrowly defeated Pakistan. But the game turned on its head with six overs left when Jasprit Bumrah bowled Rizwan and took the momentum away from Pakistan. It set up a grandstand finish with Pakistan needing 18 runs off six balls in the last over and it ultimately fell just short.
Persons: CNN —, Stefan Jeremiah, Rohit Sharma, Virat Kohli, Rohit heaved, Kohli, Rohit, Haris Rauf, Shaheen Afridi, India’s, Robert Cianflone, Rishabh Pant, Mohammad Rizwan, Jasprit Bumrah, Rizwan Organizations: CNN, archrival India, Pakistan, Nassau County International, Nassau Locations: India, Pakistan, New York
India beat Pakistan in dramatic fashion in their T20 Cricket World Cup match in New York, despite setting their biggest rivals a target of just 120 runs at the Nassau County International Cricket Stadium. It was their lowest-ever run total in a men’s T20 Cricket World Cup match, which is the shorter format of the sport where each team has one innings of up to 20 overs (an over is six balls). Jasprit Bumrah led India’s fightback, taking three wickets for only 14 runs as Rohit Sharma’s team battled their way to victory. Pakistan needed 18 runs to win off the final over of the game but could only score 11 as they fell six runs short. This is the first time the USA have competed in the T20 World Cup.
Persons: Haris Rauf, Naseem Shah, Jasprit Bumrah, India’s fightback, Rohit Sharma’s, Alex Davidson, Bumrah, Sharma, , Organizations: Cricket, Nassau County International Cricket, International Cricket, ICC, Getty, , Ireland, India, USA, Canada, Pakistan Locations: India, Pakistan, New York, Long, United States, Grand Prairie , Texas, York, USA, Canada
In one of the biggest shocks in cricket history, the USA defeated Pakistan in the T20 Cricket World Cup in Dallas, Texas. AdvertisementThe U.S. now stand a strong chance of qualifying for the Super 8 round (another round-robin stage before the semi-finals). The scores were level after 20 overs, meaning the game was decided by a super over — a single-over shootout where the highest-scoring team are victorious. Needing 19 to win, Pakistan laboured to just 13, with Saurabh Netravalkar bowling well in a pressured situation for the USA. This defeat leaves Pakistan struggling to qualify for the Super 8 stage, with a win against India, the best T20 team in the world, likely to be needed for them to progress.
Persons: Babar Azam, Shadab Khan, Monank Patel, Andries Gous, Gous, Haris Rauf, Aaron Jones, Mohammad Amir, Jones, Saurabh, ANDREW CABALLERO, REYNOLDS Organizations: USA, Pakistan, Cricket, Pakistan wobbled, Canada, India, Ireland, Providence, Getty Locations: Dallas , Texas, Pakistan, USA, Indies, Caribbean, Uganda, Guyana
For centuries, trade with Europe was the main pillar of Russia’s economy. The war in Ukraine ended that, with Western sanctions and other restrictions increasingly cutting Russia off from European markets. That southern route has now become a focus of Russian policymakers as they try to build infrastructure for their plans to pivot away from the West for good. The effort faces challenges, including questions over financing, doubts over the reliability of Russia’s new partners, and threats of Western sanctions targeting countries that trade with Russia. “As Russia’s traditional trade routes were largely blocked, it had to look at other options,” said Rauf Agamirzayev, a transport and logistics expert based in Baku, Azerbaijan, referring to the southern route.
Persons: , Rauf Agamirzayev Organizations: Iran Locations: Europe, Ukraine, Russia, Moscow, China, India, Persian, Mumbai, Baku, Azerbaijan
Pakistan stay alive in semi-final race, Bangladesh eliminated
  + stars: | 2023-10-31 | by ( ) www.reuters.com   time to read: +3 min
KOLKATA, India, Oct 31 (Reuters) - Former champions Pakistan kept alive their slender chances of making the semi-finals of the 50-over World Cup with a comprehensive seven-wicket victory against Bangladesh, who were eliminated from the tournament on Tuesday. Babar Azam's men moved into fifth place after their third win in seven matches, while Bangladesh became the first team to drop out of contention. "We are trying to force things but it isn't working," Bangladesh captain Shakib Al Hasan said after their sixth defeat in seven matches. Bradburn must have been pleased as the pace trio of Shaheen Afridi, Mohammad Wasim and Haris Rauf collectively claimed eight of the 10 Bangladesh wickets in the match. "We are trying to win our remaining matches and see where we stand," Babar said of their semi-final hopes.
Persons: Fakhar Zaman, Abdullah Shafique, Babar Azam's, Shakib Al Hasan, Grant Bradburn, Shaheen Afridi, Mohammad Wasim, Haris Rauf, Afridi, Tanzid Hasan, Najmul Hossain Shanto, Rauf, Mushfiqur Rahim, Litton Das, Mahmudullah, Shakib, Wasim, Haq, Fakhar, Abdullah, Taskin Ahmed, Mehidy Hasan Miraz, Babar, Amlan Chakraborty, Pritha Sarkar Organizations: Pakistan, Bangladesh, Eden Gardens, Litton, Thomson Locations: KOLKATA, India, Bangladesh, Eden, Pakistan's, Pakistan, Afridi's, New Delhi
Pakistan coach rues lack of swing in India
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +2 min
KOLKATA, India, Oct 30 (Reuters) - Lack of swing in India has taken much sting out of the Pakistan pace attack in the 50-overs World Cup, head coach Grant Bradburn said ahead of Tuesday's clash against Bangladesh. "We have a great resource of fast bowling talent in Pakistan," Bradburn told reporters on Monday. "We do rely on swing, but we haven't experienced too much swing here. Pakistan's batting has not been consistent either and Bradburn said one of the top four batters must bat deep if they were to put up big totals in their remaining matches. Pakistan must win their remaining three group matches and hope other results go their way to make the last four, a situation Bradburn called far from ideal.
Persons: Grant Bradburn, Pakistan's, Shaheen Afridi, Bradburn, speedster Naseem Shah, Hasan Ali, Haris Rauf, We've, haven't, we're, Amlan Chakraborty, Pritha Sarkar Organizations: Bangladesh, Shaheen, Zealander, Thomson Locations: KOLKATA, India, Pakistan, New Delhi
KARACHI, Pakistan, Sept 28 (Reuters) - Pakistan's rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal foreign exchange trade in grey and black markets by security agencies. September's gains have almost made up for all of the rupee's losses in August and technically make it the best-perfoming currency in the world this month. The Pakistani rupee closed 0.3% up in the interbank market at 287.8 per dollar on Thursday. The crackdown on black market operators against the informal market resulted in tens of millions of dollars pouring back into Pakistan's interbank and open markets, dealers said. "The rupee has indeed performed well but this data does not reflect the sharp depreciation preceding this performance.
Persons: Fahad Rauf, Ismail Iqbal, Rauf, Ariba Shahid, Jane Merriman, Sharon Singleton, Hugh Lawson Organizations: Finance Ministry, Research, Ismail, Ismail Iqbal Securities, International Monetary Fund, Thomson Locations: KARACHI, Pakistan, Karachi
Injured Naseem doubtful for Pakistan's early World Cup matches
  + stars: | 2023-09-15 | by ( ) www.reuters.com   time to read: +1 min
COLOMBO, Sept 15 (Reuters) - Pakistan speedster Naseem Shah could miss their early Cricket World Cup matches in India next month having injured his bowling shoulder at the Asia Cup. He missed Thursday's defeat by Sri Lanka after flying to Dubai to undergo scans. "He's just got a little bit of a side strain, but he's recovering before the World Cup." He added that he did not know how long Naseem's recovery would take but was confident he would be able to take part in the World Cup at some stage. Pakistan, 1992 World Cup champions, begin their campaign against the Netherlands on Oct. 6 in Hyderabad.
Persons: Pakistan speedster Naseem Shah, Haris Rauf, Babar Azam, He's, Amlan Chakraborty, Peter Rutherford Organizations: Cricket, Asia, Thomson Locations: COLOMBO, Pakistan, India, Colombo, Sri Lanka, Dubai, Netherlands, Hyderabad, New Delhi
Tens of millions of dollars have poured back into Pakistan's interbank and openmarkets, dealers say, since raids on black market operators began on Sept. 6. Ninety percent were going to black market dealers, cutting our supply of foreign exchange," Bostan explained. While a crackdown on the black market was needed to stabilise the rupee, it "is a temporary fix," said Fahad Rauf, Head of Research at Ismail Iqbal Securities. High inflation and chronic external deficits lie at the heart of the currency's problem, and closing off people's access to black market dollars risks storing up pent-up demand. "There is an unprecedented demand for the dollar," Hanifullah Mohmand, a trader in the Peshawar market, said.
Persons: Akhtar Soomro, Asim Munir, Malik Bostan, Bostan, General Munir, Haji Luqman Khan, Sheikh Allauddin, ECAP, Fahad Rauf, Ismail Iqbal, Ariba Shahid, Mushtaq Ali, Gibran Peshimam, Simon Cameron, Moore Organizations: REUTERS, Pakistan, Exchange Companies Association of Pakistan, Reuters, Federal Investigation Agency, FIA, Inter, Services Intelligence, ISI, Locals, International Monetary Fund, IMF, Research, Ismail, Ismail Iqbal Securities, Thomson Locations: Karachi, Pakistan, KARACHI, PESHAWAR, Peshawar, Islamabad, Lahore, Quetta, Afghanistan
Pakistan call for back-ups after injuries to Rauf and Naseem
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
COLOMBO, Sept 12 (Reuters) - Pakistan are set to draft in back-ups for Haris Rauf and Naseem Shah with the pace duo looking doubtful for the remainder of the Asia Cup having sustained injuries during their Super Four stage defeat to India. Shahnawaz Dahani and Zaman Khan will come into the squad in Sri Lanka but no decision had been made yet regarding Rauf and Naseem, the Pakistan Cricket Board said in a statement. Pakistan suffered a heavy defeat against their arch-rivals in a rain-hit Super Four contest played over two days. Rauf bowled five overs on Sunday before experiencing discomfort in his right side and sat out the reserve day's action. Rauf and Naseem did not bat and are likely to miss Thursday's Super Four match against Sri Lanka, with their participation in the Sept. 17 final also in doubt should Pakistan make it.
Persons: Haris Rauf, Naseem Shah, Shahnawaz Dahani, Zaman Khan, Rauf, Naseem, Amlan Chakraborty, Peter Rutherford Organizations: Asia, Pakistan Cricket Board, ICC, Sunday, Sri, Thomson Locations: COLOMBO, Pakistan, India, Sri Lanka, New Delhi
Kohli, Rahul fire as India thump Pakistan in Asia Cup
  + stars: | 2023-09-11 | by ( ) www.reuters.com   time to read: +3 min
Sept 11 (Reuters) - India beat rivals Pakistan by 228 runs after Virat Kohli passed 13,000 in one-day internationals en route to his 47th century and KL Rahul marked his return from injury with a ton in a lopsided Asia Cup Super Four clash in Colombo on Monday. India spinner Kuldeep Yadav (5-25) ripped through Pakistan's lineup following a brief rain interruption after Jasprit Bumrah removed Imam-ul-Haq and Hardik Pandya castled the dangerous Babar Azam. Kohli and Rahul saw off the threat of Pakistan's pace attack, missing Rauf due to a right flank problem, and the duo targeted the spinners to post 356-2 in 50 overs. Rahul and Kohli's unbeaten 233-run partnership for the third wicket was the highest stand in the Asia Cup. India, whose group meeting with Pakistan in Pallekele this month was abandoned due to rain, take on Sri Lanka on Tuesday.
Persons: Virat Kohli, Rahul, Kohli, Naseem Shah, Haris Rauf, Kuldeep Yadav, Bumrah, Haq, Pandya, Babar Azam, Rohit Sharma, Shubman Gill, Rohit, Rauf, Kohli's, It's, we've, Iftikhar Ahmed, Shadab Khan, Shreyas, carting Faheem Ashraf, Shrivathsa Sridhar, Ken Ferris Organizations: Pakistan, Asia, Thomson Locations: India, Colombo, Pallekele, Sri Lanka, Bengaluru
Former Pakistani Prime Minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing RightsISLAMABAD, Aug 21 (Reuters) - Pakistani authorities have opened a criminal investigation against jailed former prime minister Imran Khan on charges of leaking state secrets, after naming him and three aides in a fresh case, a top security source said on Monday. Khan is currently serving a three-year sentence in a graft case and has been barred from politics for five years. "Our investigation is collecting evidence to stand a case in a court to indict Imran Khan on charges of leaking official secrets," a security source, who is directly responsible for the investigation, told Reuters. Khan has formally been arrested in connection with the charges, which the Federal Investigation Agency (FIA) is probing, the source said.
Persons: Imran Khan, Akhtar Soomro, Khan, Rauf Hasan, Zulfi Bukhari, Arif Alvi, Shah Mehmood Qureshi, Intazar Panjutha, Asif Shahzad, Devika Organizations: Pakistani, Reuters, REUTERS, Rights, Both Washington, Federal Investigation Agency, FIA, Thomson Locations: Lahore, Pakistan, Rights ISLAMABAD, Islamabad, Washington, U.S, Moscow, Ukraine, Both
Karachi, PAKISTAN, June 26 (Reuters) - Pakistan's central bank raised its benchmark interest rate by 100 basis points to 22% at an emergency meeting on Monday, a day after the country revised its budget for the fiscal year from July 1 in a bid to rescue an IMF programme that expires in days. The central bank has now raised its main rate by 12.25 percentage points since April 2022, mainly to curb soaring inflation. "The MPC views this action as necessary to keep real interest rate firmly in positive territory on a forward-looking basis," the central bank said in a statement. On June 12 the central bank had left its key rate unchanged. The KSE100 index on the Pakistan Stock Exchange closed up 3.42% on expectations of a deal begin reached with the IMF.
Persons: Fahad Rauf, Ismail Iqbal, Shivam Patel, Sanjeev Miglani, Hugh Lawson Organizations: IMF, Analysts, International Monetary Fund, MPC, Ismail, Ismail Iqbal Securities, Pakistan Stock Exchange, Thomson Locations: Karachi, PAKISTAN, New Delhi, Shahid
Experts have mixed reactions on whether the budget will meet IMF requirements and the impact on the economy. The ‘No new Taxes on Industry’ claim is belied by increase in super tax and that too in not a fully progressive way. Will retailers and the agri sectors that together contribute 40% contribute more than 2% as a result of the budget? SHAHBAZ ASHRAF, CHIEF INVESTMENT OFFICER AT FRIM VENTURES“It is surely not a budget that the IMF would approve of. "The regional energy price budget, which has built in cross subsidies, general collection and distribution losses is something the export industry cannot sustain."
Persons: GHIAS KHAN, EHSAN MALIK, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, ABDUL ALEEM, IRFAN IQBAL SHEIKH, MUSTAFA PASHA, SHAHBAZ ASHRAF, they've, There's, ” FAHAD RAUF, ISMAIL IQBAL, GOHAR EJAZ, Ariba Shahid, Jonathan Oatis, Nick Zieminski Organizations: International Monetary Fund, IMF, Pakistan, Reuters, FX, ENGRO CORP, OF, PAKISTAN BUSINESS, Industry, PAKISTAN, Company, FEDERATION OF PAKISTAN, OF COMMERCE, PKR, IN, MILLS ASSOCIATION, Thomson Locations: KARACHI, Pakistan, PAKISTAN, Karachi
QUETTA, Pakistan, June 7 (Reuters) - Pakistani police on Wednesday formally named former prime minister Imran Khan in connection with the murder by unknown gunmen of a lawyer seeking sedition proceedings against him. Khan, who has not been charged in connection with the lawyer's murder, has dismissed all the cases against him as concocted by his opponents. Provincial government spokesman Babar Khan said Khan could face formal charges if and when the murder case goes to trial. It was not immediately clear how the link between unknown gunmen and Khan was made. Khan has accused the military and its intelligence agency of openly trying to destroy his party, saying he has "no doubt" he will be tried in a military court and thrown into jail.
Persons: Imran Khan, Khan, Rauf Hasan, Babar Khan, Abdur Razaq, Razaq, Razaq's, Siraj Ahmad, Asif Shahzad, Nick Macfie Organizations: Wednesday, Police, Reuters, Thomson Locations: QUETTA, Pakistan
Outside in Times Square, the scene was more or less normal, with tourists coming and going — although everyone seemed to be talking about the same thing. Rishabh Mehta, 27, visiting the city with his wife and his parents from India, expressed disappointment at the turn of events. We can’t walk long distances. If we keep walking long distances, we get tired early.”Nearby, Rauf Rahimov, 27, a pedicab driver outside Central Park, reclined in the back of his cab where the passengers would sit, if there were any. In Brooklyn, a food deliveryman, Mohammad Uddin, said he was raised in Bangladesh, a country with a persistently unhealthy air quality.
Persons: Jodie Comer, Rishabh Mehta, , Rauf Rahimov, , Mohammad Uddin Organizations: Broadway Locations: India, Central, reclined, Brooklyn, Bangladesh
KARACHI, Pakistan, March 8 (Reuters) - Honda Atlas Cars Pakistan Ltd has announced the longest plant shutdown to date in the current economic crisis amongst the country's automakers, which are struggling to obtain raw materials due to import difficulties. The company, a unit of Japanese car giant Honda Motor Co Ltd (7267.T), said its plant would shut from March 9, 2023, to March 31, 2023. Other listed-automakers, such as Indus Motor Company Limited (INDU) and Pak Suzuki Motor Company (PSMC), have also been forced to halt production during the past three quarters due to Pakistan's economic difficulties, which have seen central bank foreign exchange reserves drop to a level barely able to cover four weeks of imports. “Pakistan has limited dollars and until reserves improve to at least two months’ worth of import cover, import restrictions would likely continue.”Other manufacturing halts in the sector have been between two and 16 days. Reporting by Ariba Shahid in Karachi; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
KARACHI, PAKISTAN, Feb 28 (Reuters) - Pakistan’s central bank is widely expected to raise its key policy rate by 200 basis points in an off-cycle meeting on Thursday as it struggles to unlock critical funding from the IMF, a Reuters poll showed. All sixteen economists and market watchers surveyed said there would be a hike -- 14 of them predicted 200 basis points (bps), while two expected 250 bps. The State Bank of Pakistan (SBP) has raised rates by 725 bps since January 2022. In its last policy meeting in January, the bank raised the key rate by 100 bps to 17%, citing inflationary pressure. He said the market had already incorporated a 200 bps hike in the last treasury bill auction where the government accepted bids with yields more than 200 bps higher than the policy rate.
Market participants in a recent treasury bill auction are expecting at least a 200 basis points increase in the central bank's policy rate, which stands at 17%. The expected increase is based on the rates the Pakistan government set in the auction to raise the funds. The cut off rates for the three-month, six-month, and 12-month tenors jumped 195 bps, 206 bps, and 184 bps higher than the previous auction. While the government expects a deal with IMF soon, media reports say that the agency expects the policy rate to be increased. “Pakistan has two core inflation readings i.e., Urban (15.4% for Jan-23) and Rural (19.4%) and no national core number is released.
Turkish company to send ships to house 3,000 in earthquake zone
  + stars: | 2023-02-11 | by ( ) www.reuters.com   time to read: +1 min
ISTANBUL, Feb 11 (Reuters) - Turkey's Karadeniz Holding said on Saturday it would send two humanitarian aid ships that can each house 1,500 people to help the relief effort in the southern province of Hatay, hit by a major earthquake that has claimed more than 20,000 lives. "The company is working with the authorities to send lifeships Suheyla Sultan and Rauf Bey to Iskenderun-Hatay, the company said, adding this would be its first humanitarian mission. The so-called lifeships, built for humanitarian aid missions, have accommodation, fridges, TVs and heating, as well as facilities for education, healthcare and food, the company said. "We focused all our energy to this project to serve people in the area impacted by the earthquake. Reporting by Can Sezer Writing by Ezgi Erkoyun Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
The Exchange Companies Association of Pakistan (ECAP) said late on Tuesday it was lifting the cap on the currency in the interest of the country. Before the cap on the rupee was removed, markets eyed three different rates to assess its value -- the state bank's official rate, the one assessed by the foreign exchange companies and the black market rate. He said the removal of the cap would curb the black market. "The black market rate is still sticky in the range of 260-270. The decision of exchange companies has not had any impact as such," said Fahad Rauf, Head of Research at Ismail Iqbal Securities.
A study in the Journal of Sleep Research found poor sleep correlates with paranormal beliefs. People with insomnia and sleep paralysis more often believe in ghosts, aliens, and an afterlife. The study's authors told Insider the results could improve health care, but there's more to learn. Those who see them may have one thing in common, according to a new study published in the Journal of Sleep Research: sleep disturbances. Sleep paralysis was also highly associated with the belief that near-death experiences are evidence of life after death.
Drew Angerer/Getty ImagesConvincing Republican senatorsThe House version of the Afghan Adjustment Act has 143 co-sponsors, including 10 Republicans. Demonstrators gather to support Afghan evacuees outside the Capitol on Nov. 16, 2022. At the moment, one prospect to advance the Afghan Adjustment Act is by attaching it to that larger spending bill, advocates say. But negotiations on the omnibus are ongoing, and whether the Afghan Adjustment Act will be included is up in the air. Yet without a deal by then, passage of the Afghan Adjustment Act appears doomed, advocates say, keeping Afghan evacuees in perpetual legal limbo.
Brittney Griner’s release from a Russian penal colony Thursday as part of a prisoner swap for Russian arms dealer Viktor Bout was met with widespread celebration. Griner was sentenced to nine years in prison after vape canisters and cannabis oil were discovered in her luggage at the airport. “I wonder if she will respect our flag and country now,” self-proclaimed Trump supporter Collin Rugg wrote in a tweet liked 21,000 times. Such outdated definitions of patriotism disgrace the national anthem and the flag more than any peaceful protest ever could. She is a Black LGBTQ American, a wife, a daughter, an advocate, an Olympian and a world-class basketball star.
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