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☆ I'm a software engineer stranded in the IT outage airport chaos. CrowdStrike broke a cardinal rule of software development and I can't believe the fallout.
▼ + stars: | 2024-07-19 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

CrowdStrike is well-known in the cybersecurity industry, but until today, I don't think anyone was aware of its dominance as a platform on Windows. However, CrowdStrike might have evidence to suggest that this is a freak accident, so I don't think it's fair to point fingers too much. I don't think that's realistic. I don't think anyone really understood the true scope and presence of CrowdStrike before today. I don't think technology is intrinsically good or evil; it depends on how it's used and regulated.

Persons: —, Ahmed Al Sharif, Al Sharif, I've, Al Sharif's, I'm, It's, You'll, CrowdStrike, it's Organizations: Service, EA, Meta, Business, Barcelona International, London Heathrow, El, Airport Locations: Barcelona, London

☆ Shehbaz Sharif Set for Pakistan's Top Job as Elder Brother Steps Aside
▼ + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

Before his stint as prime minister, the younger Sharif was known more as a good administrator than a politician, having served as chief minister thrice in the country's largest province, Punjab. The deal was signed after Sharif personally called on IMF chief Kristalina Georgieva last June. Although defence and key foreign policy decisions are largely influenced by the military, Sharif will have to juggle relations with the U.S. and China, both major allies. He started his political career as the chief minister of Punjab in 1997 with a signature "can-do" administrative style. As chief minister, the younger Sharif planned and executed a number of ambitious infrastructure mega-projects, including Pakistan's first modern mass transport system in Lahore.

Persons: Asif Shahzad, Gibran Naiyyar Peshimam, Sharif, Nawaz Sharif, Nawaz Sharif's, Maryam, Imran Khan, Shehbaz Sharif, Khan, Shehbaz, Kristalina Georgieva, Tehmina Durrani, Ariba Shahid, Raju Gopalakrishnan Organizations: Pakistan Muslim League, Nawaz, Monetary Fund, IMF, U.S Locations: Gibran Naiyyar Peshimam ISLAMABAD, Sharif, London, country's, Punjab, Pakistan, Saudi Arabia, Qatar, China, India, Iran, Afghanistan, Lahore, Panama, Karachi

☆ What's Next in Pakistan Election Deadlock
▼ + stars: | 2024-02-11 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

By Gibran Naiyyar PeshimamISLAMABAD (Reuters) - Pakistan's national election ended with no party winning a majority in parliament, in polls marred by militant violence, political turmoil and questions of transparency. The two, along with other smaller parties, form a coalition government in which Sharif or his brother is prime minister and important positions are given to other parties. The two parties were in government together for 16 months till August, with Bhutto Zardari as foreign minister and Sharif's brother Shehbaz as prime minister. BHUTTO ZARDARI PUSHES TO HEAD COALITION GOVERNMENTWhile Sharif and Khan's candidates won the most seats, no party can form government without the PPP. With both looking to keep the other out of power, the PPP strikes a deal to make the young Bhutto Zardari prime minister.

Persons: Gibran Naiyyar Peshimam, Nawaz Sharif, Imran Khan, SHARIF, Bilawal Bhutto Zardari, Benazir Bhutto, Bhutto Zardari, Shehbaz, Khan, BHUTTO ZARDARI, Sharif's, Gibran Peshimam, Sonali Paul Organizations: Monetary Fund, National Assembly, Pakistan Peoples Party Locations: Gibran Naiyyar Peshimam ISLAMABAD, Sharif, Pakistan

☆ Independents Win 47 of 106 Seats Counted in Pakistan Poll, Most Backed by Imran Khan - Geo News
▼ + stars: | 2024-02-09 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

ISLAMABAD (Reuters) - Independent candidates contesting Pakistan's national election, most of whom are backed by former Prime Minister Imran Khan, won in 47 of 106 parliamentary seats as counting progressed on Friday, according to projections by broadcaster Geo News. Results have been declared by the Election Commission of Pakistan in a total of 57 seats so far, according to the panel's website. Elections were held to 264 of the 265 seats in the national assembly and a political party needs 133 seats for a simple majority. Former Prime Minister Nawaz Sharif's Pakistan Muslim League (Nawaz)(PML-N), which has won at least 17 seats so far, may form a coalition government with independent candidates, Sharif's aide Ishaq Dar suggested on Friday, Geo reported. "I am confident that we will form a government," Dar said, adding that his party would concede if any other party emerged a clear winner.

Persons: Imran Khan, Nawaz Sharif's, Nawaz, Sharif's, Ishaq Dar, Geo, Dar, Asif Shahzad, Sakshi Dayal, YP Rajesh Organizations: Pakistan's, Geo, Former, Nawaz Sharif's Pakistan Muslim League, YP Locations: ISLAMABAD, Pakistan, Nawaz Sharif's Pakistan

☆ Ahead of Election, Pakistan Seals Plan to Sell National Airline
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +8 min

"Our job is 98% done," Privatisation Minister Fawad Hasan Fawad told Reuters when asked about the plan to sell the airline. Details of the privatisation process have not been previously reported. PIA had liabilities of 785 billion Pakistani rupees ($2.81 billion) and accumulated losses of 713 billion rupees as of June last year. Its CEO has said losses in 2023 were likely to be 112 billion rupees. PIA spokesman Abdullah Hafeez Khan said the airline was assisting the privatisation process, extending "full cooperation" to the transaction adviser.

Persons: Asif Shahzad, Fawad Hasan Fawad, Fawad, Ernst & Young, Shamshad Akhtar, Abdullah Hafeez Khan, Nawaz, Nawaz Sharif, Imran Khan, Sharif's, Ishaq Dar, EASA, Brendan Sobie, Gibran Peshimam, Raju Gopalakrishnan Organizations: Pakistan International Airlines, International Monetary Fund, PIA, IMF, Reuters, Caretaker, Ernst &, Ernst, FAST, Pakistan Muslim League, European Union Aviation Safety Agency, Heathrow, Manchester, Birmingham, Kuwaiti Locations: Asif Shahzad ISLAMABAD, Pakistan, Czech, Hungarian, Karachi, Europe, Kuala Lumpur, Toronto, Singapore, East, North America, Paris, New York

☆ Pakistan court overturns ex-PM Nawaz Sharif's graft conviction - lawyer
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

Pakistan's former Prime Minister Nawaz Sharif addresses supporters upon his arrival from a self-imposed exile in London, ahead of the 2024 Pakistani general election, in Lahore, Pakistan October 21, 2023. REUTERS/Mohsin Raza/File Photo Acquire Licensing RightsISLAMABAD, Nov 29 (Reuters) - A Pakistan court overturned the conviction of former Prime Minister Nawaz Sharif in a corruption case on Wednesday, his lawyer said. The Islamabad High Court announced its decision after the national anti-graft body did not contest Sharif's appeal for his acquittal, lawyer Azam Nazeer Tarar said. "I had left it to the mercy of God," the former premier said in comments broadcast live on local TV after he left the court. Sharif had been out on bail pending the appeal and had always denied any wrongdoing, saying the charges were politically motivated.

Persons: Nawaz Sharif, Mohsin Raza, Sharif, Azam Nazeer Tarar, Asif Shahzad, Shivam Patel, Andrew Heavens Organizations: REUTERS, Rights, Islamabad High Court, Thomson Locations: London, Lahore, Pakistan, Rights ISLAMABAD, Islamabad

ISLAMABAD, Oct 21 (Reuters) - Pakistan's three-time Prime Minister Nawaz Sharif is scheduled to arrive back home on Saturday after four years of self-imposed exile in London to kick-start his party campaign three months ahead of a general election. Sharif has not set foot in Pakistan since he left for London in 2019 to receive medical treatment while serving a 14-year prison sentence for corruption. When he was removed as premier in 2017, Pakistan's GDP growth rate was 5.8% and inflation was hovering around just 4%. In September, inflation registered at over 31% year-on-year, and growth is projected to be less than 2% this financial year. "Over his long political career, Sharif's relationship with the military brass has blown hot and cold.

Persons: Nawaz Sharif, Sharif, Imran Khan, Khan, Sharif's, Shehbaz Sharif, Michael Kugelman, Asif Shahzad, Stephen Coates Organizations: London, International Monetary Fund, South Asia, The Wilson, Thomson Locations: ISLAMABAD, London, Lahore, Dubai, Pakistan

He had arrived in the United Arab Emirates on Friday from Saudi Arabia after traveling there last week from London. He said Pakistan's economy and political situation both declined in recent years, according to multiple videos shared by his Pakistan Muslim League party on X, the platform formerly known as Twitter. In 2020, an anti-graft court in Islamabad issued a warrant for his arrest after he failed to return home. Another federal court has granted Sharif bail until Oct. 24, giving him protection from arrest until then. His party became hugely unpopular after Khan's removal when Nawaz Sharif's brother Shehbaz Sharif replaced Khan, a former cricketer turned politician.

Persons: — Pakistan's, Nawaz Sharif, Sharif, Allah, ”, Imran Khan, Khan, Sharif's, Nawaz Sharif's, Shehbaz Sharif Organizations: United Arab Emirates, Pakistan Muslim League, Twitter Locations: ISLAMABAD, Dubai, London, Lahore, Pakistan, Islamabad, Saudi Arabia, Sharif

Ousted Pakistani Prime Minister Nawaz Sharif gestures as he boards a Lahore-bound flight due for departure, at Abu Dhabi International Airport, UAE July 13, 2018. REUTERS/Drazen Gorgic/File Photo Acquire Licensing RightsISLAMABAD, Oct 19 (Reuters) - A Pakistan court on Thursday barred authorities from arresting a former three-time prime minister, Nawaz Sharif, upon his expected return home on Saturday from four years in self-imposed exile, his lawyer said. Nawaz Sharif was in 2018 convicted on corruption charges, which he denied, in two cases and sentenced to a total of 14 years in prison. Upon his return on Saturday, he would address a rally in his old stronghold of Lahore, Tarar said. Sharif returned to Pakistan and to politics in 2007.

Persons: Nawaz Sharif, Drazen Gorgic, Azam Nazeer Tarar, Sharif, Shehbaz Sharif, Tarar, Pervez Musharraf, Musharraf, Asif Shahzad, Muralikumar Anantharaman, Robert Birsel Organizations: Pakistani, Abu, Abu Dhabi International Airport, REUTERS, Rights, Thomson Locations: Lahore, Abu Dhabi, UAE, Rights ISLAMABAD, Pakistan, London, U.S

[1/2] A man reads a newspaper, a day after Pakistan's parliament was dissolved by the president on Prime Minister Shehbaz Sharif's advice, at a makeshift stall in Karachi, Pakistan August 10, 2023. As it stands, former prime minister Imran Khan, the main opposition leader, cannot fight this election. There are three main contenders to lead the next government: Khan's PTI, the Pakistan Muslim League-Nawaz (PML-N) of Shehbaz Sharif and the Pakistan Peoples Party (PPP). Three-time premier Nawaz Sharif, the brother of the outgoing prime minister and whose PML-N was the senior partner in the outgoing coalition government, is seeking a return from exile. Bilawal Bhutto Zardari, 34, the young chairman of the PPP and son of former prime minister Benazir Bhutto, is another key candidate.

Persons: Shehbaz, Akhtar Soomro, Anwaar, Haq Kakar, IMRAN KHAN, Imran Khan, Khan, Nawaz Sharif, Bilawal Bhutto Zardari, Benazir Bhutto, Khan's jailing, Asif Shahzad, Gibran Peshimam, Raju Gopalakrishnan, Giles Elgood Organizations: REUTERS, BE, Monetary Fund, IMF, Balochistan Awami Party, WHO, PTI, Pakistan Muslim League, Nawaz, Pakistan Peoples Party, Constitutional, Thomson Locations: Karachi, Pakistan, Balochistan, Shehbaz Sharif

The parliament's five-year term is due to expire on Aug. 12, but this move would dissolve it three days earlier. "I will tonight advise the president to dissolve the parliament," the premier told parliament. He said he would start discussions with the opposition leader on Thursday to pick a name from candidate lists of both sides to nominate as caretaker prime minister. The vote, however, could be delayed several months with the election commission set to start redrawing hundreds of constituencies based on a fresh census. The last general election in July 2018 was won by the party of cricketer-turned-politician Imran Khan, who was sworn in days later as prime minister for the first time.

Persons: Shehbaz Sharif, Arif Alvi, Imran Khan, Khan, Sharif, Asif Shahzad, Gibran Peshimam, Andrew Heavens, Bernadette Baum Organizations: Pakistan, International Monetary Fund, Thomson Locations: ISLAMABAD, Pakistan, Islamabad, Karachi

☆ Imran Khan arrested after Pakistan court sentences ex-prime minister to three years in jail
▼ + stars: | 2023-08-05 | by ( Mubasher Bukhari Gibran Naiyyar Peshimam Charlotte Greenfield | Mubasher Bukhari | Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +5 min

[1/4] Former Pakistani Prime Minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. Khan's political party, Pakistan Tehreek-e-Insaf (PTI), said in a statement it had already filed another appeal to the Supreme Court earlier on Saturday. Khan, 70, is a former cricket star who went on to forge a political career and who was prime minister from 2018 to 2022. Information Minister Marriyum Aurangzeb said in a broadcast statement that Khan's arrest followed a full investigation and proper legal proceedings in a trial court. Khan was convicted by the court in a case that was first investigated by the election commission, which found him guilty of unlawfully selling state gifts while prime minister.

Persons: Imran Khan, Akhtar Soomro, Shehbaz Sharif's, Intezar Panjotha, Bilal Siddique Kamiana, Khan, Marriyum Aurangzeb, Sharif, Shah Mehmood Qureshi, Khan's, Qamar Javed Bajwa, Asim Munir, Mubasher Bukhari, Gibran Naiyyar Peshimam, Charlotte, William Mallard, Simon Cameron, Moore, Frances Kerry, Giles Elgood Organizations: Pakistani, Reuters, REUTERS, Police, " Police, Central Adiala, wilfully, PTI, Thomson Locations: Lahore, Pakistan, LAHORE, Islamabad, Central, Rawalpindi, Toshakhana, Khan's, Karachi, Charlotte Greenfield

Pakistan's Prime Minister Shehbaz Sharif, addresses the 23rd Shanghai Cooperation Organization (SCO) Summit, hosted virtually by India, in Islamabad, Pakistan July 4, 2023. Press Information Department (PID)/Handout via REUTERS /File PhotoISLAMABAD, Aug 4 (Reuters) - Pakistani Prime Minister Shehbaz Sharif has proposed that parliament be dissolved on Aug. 9, three days before the end of its term, political sources said on Friday, paving the way for a general election by November. Parliament's five-year term is set to expire on Aug. 12. Sharif's coalition came to power after former cricket star Khan was ousted in a vote of no confidence in April 2022. The military, which has ruled Pakistan for about half its history, denies that.

Persons: Shehbaz Sharif, Imran Khan, Khan, Asif Shahzad, Robert Birsel Organizations: Pakistan's, Shanghai Cooperation Organization, SCO, Summit, Press Information Department, REUTERS, Pakistani, Sharif, Thursday, Reuters, Information, Monetary, Thomson Locations: India, Islamabad, Pakistan, ISLAMABAD

☆ Arab art celebrated with largest London exhibition
▼ + stars: | 2023-07-20 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

LONDON, July 20 (Reuters) - More than 150 works of art have been brought together for what auction house Christie's says is the largest exhibition of Arab art to take place in London. Titled "Modern and Contemporary Art of the Arab World", the show is divided into two sections and features items from across the region, spanning 80 years and various mediums. The non-selling "Kawkaba: Highlights from the Barjeel Art Foundation" is a gender-balanced collection featuring some 100 pieces. "It's usually the quiet season for us because we don't have sales, so we decided to organise this exhibition to bring people to discover Arab art and culture," he said. The exhibition, with free entry, runs through Aug. 23 at Christie's London headquarters.

Persons: Hassan Sharif, Marwan's, Samia Osseiran, Inji, Moumni, Hanna Rantala, Alison Williams Organizations: Contemporary, Barjeel, Barjeel Art Foundation, Christie's, Thomson Locations: London, East, North Africa, Lebanese

Finance Minister Ishaq Dar announced the target during his budget speech to the national legislature. The deficit target for the fiscal year ending this month had been revised higher, from a previous projection of 4.9%. The government had prepared "a responsible budget, not an election budget", Dar said. The total spending target would be 14.46 trillion rupees ($50.45 billion), Dar said, with 1.8 trillion rupees going to defence. It would target net external financing of 2,527 billion rupees for the fiscal year ending in June 2024 of which 1,601 billion rupees would come via commercial and Eurobond borrowing.

Persons: Akhtar Soomro, Ishaq Dar, Dar, Shehbaz Sharif, Shahbaz Ashraf, Mustafa Pasha, Asif Shahzad, Gibran Peshimam, Shahid, Charlotte Greenfield, Louise Heavens, Mark Heinrich, Mark Potter, Sriraj Organizations: REUTERS, IMF, Finance, Pakistan, FRIM Ventures, Lakson Investments, Reuters, Thomson Locations: Karachi, Pakistan, IMF ISLAMABAD

☆ Watched by IMF, Pakistan to present budget amid economic, political crises
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +3 min

[1/4] A labourer waits for work while sitting beside push trollies outside a market in Karachi, Pakistan June 8, 2023. Against the backcloth of this political drama, Finance Minister Ishaq Dar is set to deliver his budget speech to parliament after 4:00 pm (1100 GMT) on Friday. Some budget figures were announced earlier this week, including development spending of 1,150 billion Pakistani rupees ($4 billion), and an economic growth target of 3.5% for the coming fiscal year. On Thursday, the International Monetary Fund said that it has been discussing the budget with Pakistan. Pakistan missed almost all of its economic targets set in the last budget, most notably its growth target, which was initially set at 5%, revised down to 2% earlier this year.

Persons: Akhtar Soomro, Shehbaz, Imran Khan, Ishaq Dar, Esther Perez Ruiz, Khan, Gibran Peshimam, Simon Cameron, Moore Organizations: REUTERS, IMF, Reuters, International Monetary Fund, Pakistan, Thomson Locations: Karachi, Pakistan, Akhtar Soomro ISLAMABAD

[1/3] Firefighters try to douse a bus that caught fire during clashes with the supporters of Pakistan's former Prime Minister Imran Khan in Islamabad, Pakistan, May 12, 2023. The decision was taken at a meeting of the National Security Committee chaired by Prime Minister Shehbaz Sharif. It is an endorsement of the military, which said on Monday that the rioters and their handlers had been identified, and would be tried under army laws. "The meeting endorsed to bring the miscreants, the planners who incited for violence and their facilitators to dock by trying them under constitutional provisions of concerned laws, including Pakistan Army Act and Official Secrets Act," said a statement issued by Sharif's office. The Human Rights Commission of Pakistan (HRCP), an independent civil rights group, said it strongly opposes the use of those two laws to try civilians.

KARACHI, Pakistan, May 13 (Reuters) - Pakistan's Prime Minister Shahbaz Sharif on Saturday gave authorities 72 hours to identify and arrest all those involved in violent acts after former Prime Minister Imran Khan's arrest this week sparked deadly unrest. Khan departed court premises late Friday night and headed towards his hometown Lahore amid high security, after a court granted him bail. Following Sharif's announcement, Punjab's government released pictures of unidentified protesters involved in an attack on a military official's residence on Wednesday. Khan, 70, is a cricket star-turned-politician who was ousted as prime minister in April 2022 in a parliamentary no-confidence vote and Pakistan's most popular leader according to opinion polls. Facebook, YouTube and Twitter were inaccessible in Pakistan on Saturday, Reuters journalists said, after access was briefly restored late on Friday.

☆ Factbox: Imran Khan's arrest adds to Pakistan's economic, political challenges
▼ + stars: | 2023-05-09 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +2 min

May 9 (Reuters) - The arrest of former Pakistan Prime Minister Imran Khan and the call from his party for nationwide protests present another blow to the nuclear-armed country struggling with an economic crisis. The South Asian nation of 220 million people is running out of dollars, inflation is running at over 36% and an expected IMF bailout has been delayed by months. POLITICAL PRESSUREKhan, arrested for alleged corruption and ousted as prime minister last year, had been ratcheting up pressure on the government through a sustained political campaign as he vied to return to power. Authorities had made several attempts to arrest Khan since March, which had resulted in clashes between his supporters and law enforcement personnel. Khan's arrest came a day after the military issued a rare statement denouncing him for making allegations against a serving officer.

☆ Pakistan parliament rejects top court order to conduct provincial snap polls - speaker
▼ + stars: | 2023-04-06 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

ISLAMABAD, April 6 (Reuters) - Pakistan's parliament on Thursday rejected a Supreme Court order to conduct provincial snap polls, in the latest move in a power struggle between the government and the top court amid political and economic instability. The top court had on Tuesday ruled illegal the government's move to delay the snap polls in two provinces where former prime minister Imran Khan had dissolved his local governments earlier this year. Prime Minister Shehbaz Sharif's government has been saying the country's poor economic condition didn't allow spending on the snap polls and then on a general elections due later this year. Khan's Pakistan Tehreek-e-Insaf (PTI) party and its allies had dissolved the provincial governments, hoping that it would force Sharif's government to hold snap polls across the country, his longstanding demand since he was ousted a year ago. ($1 = 286.2500 Pakistani rupees)Reporting by Asif Shahzad; Editing by Hugh Lawson, Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

☆ Pakistan court orders provincial votes in win for ex-PM Khan
▼ + stars: | 2023-04-04 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

[1/2] Former Pakistani Prime Minister Imran Khan, gestures as he speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. But the Supreme Court ruled that the delay was illegal and voting in the two provinces should be held between April 30 and May 15. It said the provincial assembly election in Punjab, Pakistan's most prosperous and politically important province should be on May 14. The court also ordered the government to release 21 billion rupees ($73.17 million) to the election commission to organise the two provincial elections. Parliament last week introduced a draft law to clip the powers of the Supreme Court.

☆ Pakistan PM urges parliament to act against ex-premier Khan
▼ + stars: | 2023-03-28 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

[1/2] Pakistan's Prime Minister Shehbaz Sharif attends a summit on climate resilience in Pakistan, months after deadly floods in the country, at the United Nations, in Geneva, Switzerland, January 9, 2023. The clashes occurred earlier this month after Khan's supporters prevented police and paramilitary forces from detaining him over allegations he unlawfully sold state gifts during his 2018-22 tenure as premier. Last week Interior Minister Rana Sanaullah asked for a parliamentary ruling to empower authorities to crack down on Khan's party and his supporters. Sharif did not spell out what action he wanted the parliament to take against Khan. Some of Sharif's ministers have called for a ban on Khan's Pakistan Tehreek-e-Insaf (PTI) party, but it was not clear whether the government was seeking this from parliament.

☆ Exclusive: Pakistan's Imran Khan: committee to lead party if I'm arrested
▼ + stars: | 2023-03-18 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +3 min

[1/3] Former Pakistani Prime Minister Imran Khan, gestures as he speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. Prime Minister Shehbaz Sharif's government has denied being behind the cases. Khan said there is no reason he should be arrested now, because he had bail on all his cases. The police attempt to arrest Khan led to clashes in which dozens of people were injured. The former prime minister has generated popular support among Pakistanis amid decades-high inflation and a crippling economic slowdown as the country implements painful fiscal reforms to avert default.

Reuters GraphicsThe U.S. Labor Department is due to release its Consumer Price Index report for January at 8:30 a.m. EST (1330 GMT). For the purpose of calculating inflation, "housing" is considered a service. Reuters Graphics Reuters GraphicsEven outside of housing, the general pace of services inflation has been falling somewhat. Carpenter said he felt that one of Powell's top stated concerns, of low unemployment driving wages higher for workers in the services sector and keeping inflation elevated, may be overstated. "The link from wages to inflation is there, but small, and both services wage and price inflation are trending down," he said, noting a recent White House study indicating wage growth across key services businesses was declining.

☆ Factbox: Facts about Pakistan's late former President Pervez Musharraf
▼ + stars: | 2023-02-05 | by ( ) www.reuters.com time to read: +2 min

Feb 5 (Reuters) - Here are some facts about the life and career of Pakistan's former President Pervez Musharraf, who died on Sunday:*Born in Delhi, India, on August 11, 1943, in his family's ancestral home, Nehar Wali Haveli. *Musharraf joined Pakistan's Military Academy in 1961. He was chosen by then Prime Minister Nawaz Sharif, the brother of Pakistan's current prime minister, as the army chief in 1998. *In 2002, Musharraf was appointed president, a title he held in addition to army chief, after winning more than 90% of the vote in a controversial national referendum. *In 2007, Musharraf stepped down from his post as army chief, but said he would remain president for another five-year term.

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