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☆ Lion escapes into heavy traffic in Pakistani city of Karachi
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

[1/2] A lion that escaped from a private vehicle amidst heavy traffic is captured in this video screengrab, in Karachi, Pakistan, August 29, 2023. REUTERS TV via REUTERS Acquire Licensing RightsKARACHI, Aug 29 (Reuters) - An adult lion escaped from a private vehicle amidst heavy traffic in the southern Pakistani city of Karachi on Tuesday, causing panic for two hours before it was recaptured, police said. The lion was being transported by its owner when it escaped on the main road of the bustling port city during peak traffic hours, the police statement said. The escaped lion had made its way into the basement of a nearby building after roaming on the road for some time. In 2017, police in Pakistan arrested a man who took his pet lion for a night-time drive through the streets of Karachi.

Persons: Mukhtyar Soomro, Shiraz Nazir, Gibran Peshimam, Alex Richardson Organizations: REUTERS, REUTERS Acquire, Rights, Reuters, The Wildlife Department, Thomson Locations: Karachi, Pakistan, Rights KARACHI, Pakistani

☆ The Best True Crime to Stream: Leaving the United States
▼ + stars: | 2023-08-28 | by ( Maya Salam | More About Maya Salam | ) www.nytimes.com time to read: +2 min

In this podcast, one of Pakistan’s first in the true crime realm, we travel to Karachi in the late 1960s and early ’70s, when the city’s lust-fueled nightlife and high-society scandals would rival the most sensational eras of Hollywood or New York. The show’s hosts, Tooba Masood and Saba Imtiaz, Pakistan-based journalists, have been researching the circumstances surrounding Zaidi’s death for years. Over two seasons, they share their findings in great detail, attempt to apply logic to the gossip of that time and debate the legitimacy of the possible scenarios. Now, its leader, Sanjoy Sachdev, is facing allegations of extortion. As Warner puts it, “Escape is far from the same thing as freedom.”

Persons: Mustafa Zaidi, Shahnaz Gul, Tooba Masood, Saba, ’, —, Gregory Warner, Mansi, Lauren Frayer, Sanjoy, ” Organizations: Commandos, Warner Locations: Karachi, New York, Saba Imtiaz, Pakistan, India, Delhi

CNN —One year after catastrophic floods devastated swathes of Pakistan, some 4 million children in the South Asian nation remain without access to safe water, the United Nations children’s agency has warned. “Vulnerable children living in flood-affected areas have endured a horrific year,” Abdullah Fadil, UNICEF Representative in Pakistan, said in the statement. “The climate-related disaster deepened pre-existing inequities for children and families in affected districts,” UNICEF said in the statement. Children pick vegetables from water at a flooded market after heavy rainfall in Lahore on June 26, 2023. Fadil from UNICEF said the agency has called on the government of Pakistan and its partners to “increase and sustain investment in basic social services for children and families.”He added: “We cannot forget the children of Pakistan.

Persons: ” Abdullah Fadil, “, Asim Hafeez, Dera Allah Yar, Fida Hussain, Imran Khan, Khan, ”, Stephen Innes, Arif Ali, Fadil Organizations: CNN, United Nations, UNICEF, UNICEF Representative, Bloomberg, Getty, International Monetary Fund, World Bank, Capital Economics, Analysts Locations: Pakistan, Karachi Division, Sindh province, Pakistan’s, Dera, Jaffarabad district, Balochistan, AFP, Asia, Lahore, South Asia, Afghanistan, India

☆ Pakistan rupee hits record low against US dollar - Central Bank
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: 1 min

An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan August 22, 2023. REUTERS/Fayaz Aziz Acquire Licensing RightsKARACHI, Pakistan, Aug 23 (Reuters) - Pakistan's rupee closed at 299.6 against the U.S. dollar on Wednesday in the interbank market, touching a record low for the second day in a row, central bank data showed. On Tuesday, the rupee weakened to 299 against the dollar. On Wednesday, it extended losses and depreciated 0.2% against the dollar. Reporting by Ariba Shahid in Karachi; Editing by Sharon Singleton and Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Fayaz Aziz, Ariba Shahid, Sharon Singleton, Andrew Heavens Organizations: REUTERS, Rights, U.S, Thomson Locations: Peshawar, Pakistan, Rights KARACHI, Karachi

Children receive first aid after they were rescued from the stranded chairlift, in Battagram, Pakistan August 22, 2023. "I can't tell you what we experienced yesterday when one cable of the cable car suddenly snapped and we were stranded in the air," said Faraz, who at 20 years old was the only adult aboard, and the only person with a cell phone. The journey by cable car usually took just a matter of minutes, whereas travelling on the rough mountain roads and tracks takes hours. "Our first priority was to secure the children," caretaker Prime Minister Anwar ul Haq Kakar said, describing the feat as "near impossible". Those prayers were answered for Faraz and the children.

Persons: Gul Faraz, Faraz, Anwar ul Haq Kakar, Kakar, Mushtaq Ali n, Asif Shahzad, Simon Cameron, Moore, Andrew Heavens Organizations: REUTERS Acquire, Commandos, Geo, Reuters, Thomson Locations: Battagram, Pakistan, PESHAWAR, Jhangri, Battangi, Karachi, Mushtaq Ali n Peshawar, Islamabad

A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo Acquire Licensing RightsKARACHI, Pakistan, Aug 22 (Reuters) - Pakistan's rupee closed at a record low of 299 rupees against the dollar in the interbank market on Tuesday following an easing in import restrictions that has lifted demand for the dollar, central bank data showed. Pakistan imposed import restrictions from 2022 to stem outflows from its shrinking foreign reserves. Traders said the rupee fell 0.6% to an intraday low of 299 against the dollar. "The declining trend is mainly attributable to the ease off in the import restrictions coupled with clearance of backlog for goods and services," he said.

Persons: Caren, Imran Khan, Tahir Abbas, Arif Habib, Ariba Shahid, Edwina Gibbs, Conor Humphries Organizations: REUTERS, Rights, Monetary Fund, Traders, Thomson Locations: Islamabad, Pakistan, Rights KARACHI, Karachi

☆ Bus crash in eastern Pakistan kills 18 people
▼ + stars: | 2023-08-20 | by ( Mubasher Bukhari | ) www.reuters.com time to read: +1 min

LAHORE, Aug 20 (Reuters) - At least 18 people were killed after a bus crashed and caught on fire in Pakistan's eastern Punjab province on Sunday, authorities said. The bus collided with another vehicle in the early hours of the morning while carrying 33 passengers from the southern port city of Karachi to the capital, Islamabad. "The unfortunate bus ... collided with a mini-truck loaded with three small tanks of petrol at around 4.30 am," said Fahad Ahmad, the police chief of Punjab's Hafizabad district. "The bus and the truck caught fire immediately, the result of which 18 people including the mini-truck driver died on the spot." More than 40 people were killed in January after a bus fell into a ravine and caught fire in the southern Pakistani province of Balochistan on Sunday.

Persons: Fahad Ahmad, Mubasher Bukhari, Charlotte Greenfield, Kim Coghill Organizations: Thomson Locations: LAHORE, Pakistan's, Punjab, Karachi, Islamabad, Punjab's Hafizabad, Pakistan, Pakistani, Balochistan

☆ Pakistan's president refuses to sign new national security laws
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

Pakistan's President Arif Alvi speaks with Reuters in an interview after Pakistan's presidency was recognized as the world's first presidential secretariat running on clean energy, in Islamabad, Pakistan October 27, 2021. "As God is my witness, I did not sign Official Secrets Amendment Bill 2023 & Pakistan Army Amendment Bill 2023 as I disagreed with these laws," Alvi said on social media platform X, formerly known as Twitter. He said he had asked his staff to return the bills unsigned to the legislature within the stipulated time to make them ineffective. The ministry of law and justice said the president's decision was of "grave concern". "As the president didn't sign and return the bill within 10 days, it became a law," caretaker law minister Ahmad Iran told a news conference.

Persons: Arif Alvi, Pakistan's, Saiyna Bashir, Imran Khan's, Alvi, doesn't, didn't, Ahmad Iran, Murtaza Solangi, Solangi, Ariba Shahid, Susan Fenton Organizations: Reuters, REUTERS, Rights, Pakistan, Twitter, Caretaker, Thomson Locations: Islamabad, Pakistan, Rights KARACHI, Alvi, Imran Khan's Pakistan

Pakistan's Foreign Minister Shah Mehmood Qureshi gestures as he speaks during an interview with Reuters at the Ministry of Foreign Affairs (MOFA) office in Islamabad, Pakistan June 25, 2020. REUTERS/Salahuddin/File photo Acquire Licensing RightsKARACHI, Pakistan, Aug 19 (Reuters) - Pakistani opposition leader Shah Mehmood Qureshi was detained on Saturday, his Pakistan Tehreek-e-Insaf party said, just hours after he said it would challenge any delay to the country's election in the courts. Party spokesman Zulfi Bukhari told Reuters the specific reason for the detention of Qureshi, twice Pakistan's foreign minister, was not immediately clear. The outgoing government approved a new census in its final days, meaning new electoral boundaries must be drawn up by the Election Commission. IMF BAILOUTThe election commission said on Thursday that new constituencies would be finalised by Dec. 14, state television reported.

Persons: Shah Mehmood Qureshi, Salahuddin, Zulfi Bukhari, Qureshi, Bukhari, Imran Khan, Khan, Haq Kakar, Ariba Shahid, Toby Chopra, Alison Williams Organizations: Pakistan's, Reuters, Ministry of Foreign Affairs, REUTERS, Rights, PTI, IMF, Supreme, Monetary Fund, Thomson Locations: Islamabad, Pakistan, Rights KARACHI, Karachi

☆ Pakistan appoints new caretaker cabinet ahead of elections - GEO News
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: 1 min

KARACHI, Aug 16 (Reuters) - Pakistan's caretaker Prime Minister Anwaar-ul-Haq Kakar on Thursday appointed a new cabinet ahead of the national elections due in early November, broadcaster GEO News reported, citing sources. Former U.S. ambassador Jalil Abbas Jilani was named foreign minister and former central bank chief Shamshad Akhtar was appointed finance minister as part of the new caretaker cabinet, the report said. Reporting by Ariba Shahid, Writing by Blassy Boben; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

Persons: Anwaar, Haq Kakar, Jalil Abbas Jilani, Shamshad Akhtar, Ariba Shahid, Blassy Boben, Toby Chopra Organizations: GEO, U.S, Thomson Locations: KARACHI

☆ US Navy joins Army, Marine Corps in having no Senate-confirmed leader, in historic first
▼ + stars: | 2023-08-14 | by ( Idrees Ali | Thomson Reuters | National Security Correspondent Focusing On The Pentagon In Washington D.C. Reports On U.S. Military Activity | ) www.reuters.com time to read: +2 min

REUTERS/Andrew KellyWASHINGTON, Aug 14 (Reuters) - The U.S. Navy on Monday became the third branch of the military to no longer have a Senate-confirmed leader for the first time in history, as a Republican senator continues to block military nominations. The Navy, Army and Marine Corps are now all without a confirmed leader. And it is unsafe," U.S. Defense Secretary Lloyd Austin said during a relinquishment ceremony at the Naval Academy in Annapolis, Maryland. Several states have limited abortion access since Roe v. Wade was overturned, and the military argues that women service members cannot choose where they are stationed. Tuberville's hold cannot prevent the Democratic-majority Senate from voting on any promotion, but it can drastically slow down the process.

Persons: Andrew Kelly WASHINGTON, Mike Gilday, Lloyd Austin, Tommy Tuberville, it’s, Austin, Joe Biden, Lisa Franchetti, Roe, Wade, Idrees Ali, Hugh Lawson Organizations: U.S . Marines, U.S . Navy, U.S . Navy Wasp, Fleet, REUTERS, Republican, Naval, Navy, Army, Marine Corps, . Defense, Naval Academy, Pentagon, Joint Chiefs of Staff, Senate, U.S, Supreme, Democratic, Thomson Locations: U.S, Bataan, New York, Annapolis , Maryland, Alabama

CNN —An attack on Chinese engineers in Pakistan’s southwestern province of Balochistan was thwarted by Pakistan’s military, leaving two militants dead and the Chinese workers unharmed, police say. In a statement to CNN, the Baloch Liberation Army, a militant separatist group, claimed responsibility for the attack. The Chinese Embassy in Pakistan said it strongly condemned the attack and urged the Pakistani authorities to punish the perpetrators and do all it could to prevent further attacks. But in recent years terrorist attacks targeting Chinese nationals and their interests in Pakistan have alarmed Beijing. More than a dozen people were killed after a bus carrying Chinese engineers fell into a ditch following a “fiery explosion,” according to local police.

Persons: Chakar Baloch Organizations: CNN, Baloch Liberation Army, Embassy, Pakistan Economic, University of Karachi’s Confucius Institute, Confucius Locations: Balochistan, Chakar, Gwadar, Pakistan, China, Afghanistan, Iran, Beijing

☆ Militants attack Pakistani military convoy escorting Chinese nationals
▼ + stars: | 2023-08-13 | by ( Gul Yousafzai | ) www.reuters.com time to read: +2 min

QUETTA, Pakistan, Aug 13 (Reuters) - Militants attacked a Pakistani military convoy near the strategic southwestern port of Gwadar on Sunday as it was escorting a delegation of Chinese nationals to a construction project, the military and China's consulate in Karachi said. China's consulate in the southern city of Karachi condemned the attack, adding in a statement that there were no casualties among its citizens on the convoy. The attack targeted Chinese passengers travelling from Gwadar airport towards a construction site in the port area, the source said. The BLA and other militant groups say Pakistan exploits the province's natural resources and have targeted Chinese interests in recent years for supporting that. Gwadar is located near the Strait of Hormuz, a crucial oil shipping route in the Arabian Sea, and is being developed under Chinese management.

Persons: Ethan Wang, Gibran Peshimam, Andrew Cawthorne Organizations: Initiative, Terrorists, Separatist, Balochistan Liberation, Thomson Locations: QUETTA, Pakistan, Gwadar, Karachi, China, Balochistan, China's, Hormuz, Beijing

☆ Pakistan senator Anwaar-ul-Haq Kakar named caretaker PM ahead of vote
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: 1 min

A general view of the parliament building in Islamabad, Pakistan March 25, 2022. REUTERS/Akhtar Soomro/File PhotoKARACHI, Pakistan Aug 12 (Reuters) - Pakistani senator Anwaar-ul-haq Kakar was named as caretaker prime minister to oversee national elections, the prime minister's office said on Saturday following a meeting between outgoing premier Shehbaz Sharif and opposition leader Raja Riaz. Reporting by Gibran Peshimam; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Akhtar Soomro, Anwaar, haq Kakar, Sharif, Raja Riaz, Gibran Peshimam, Andrew Heavens Organizations: REUTERS, Thomson Locations: Islamabad, Pakistan, KARACHI

☆ Pakistan senator picked as caretaker PM to oversee elections
▼ + stars: | 2023-08-12 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +2 min

KARACHI, Pakistan, Aug 12 (Reuters) - Pakistani Prime Minister Shehbaz Sharif and opposition leader Raja Riaz agreed on Saturday to name Senator Anwaar-ul-Haq Kakar as caretaker premier to oversee elections, the Prime Minister's office said. "The prime minister (Sharif) and leader of opposition have jointly signed the advice which will be sent to the president for approval," the statement said. Under Pakistan's constitution, a neutral caretaker government oversees national elections, which must be held within 90 days of the dissolution of the parliament's lower house - which in this instance means early November. The choice of caretaker prime minister has assumed heightened importance this time because the candidate will have extra powers to make policy decisions on economic matters, and amid fears the elections may be delayed by as much as six months. Kakar has been serving a six-year term in Pakistan's Senate since 2018.

Persons: Shehbaz Sharif, Raja Riaz, Anwaar, Haq Kakar, Arif Alvi, Kakar, Gibran Peshimam, Raju Gopalakrishnan, Mark Potter Organizations: Pakistani, Geo News, Pakistan's Senate, Senate, Balochistan Awami Party, Thomson Locations: KARACHI, Pakistan, Balochistan, Pakistan'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

☆ At least 15 killed, 40 injured after train derails in Pakistan
▼ + stars: | 2023-08-06 | by ( Benjamin Brown | ) edition.cnn.com time to read: 1 min

CNN —At least 15 people were killed and 40 injured after a train derailed in Pakistan on Sunday, according to state public broadcaster Radio Pakistan. The train derailed near Nawabshah in the southern Sindh province of Pakistan, the public broadcaster reported, adding that it was heading from Karachi to Havelian. Pictures from the scene showed twisted wreckage and people clambering on the train’s roof. Pakistan’s railway system has a poor safety record, with a series of deadly accidents in recent years a tragic reminder of the country’s ageing infrastructure and safety standards. More to follow…

Organizations: CNN, Radio Pakistan Locations: Pakistan, Nawabshah, Sindh province, Karachi, Havelian

☆ Pakistan passenger train derails, killing at least 30 people, Geo reports
▼ + stars: | 2023-08-06 | by ( Charlotte Greenfield | ) www.reuters.com time to read: +1 min

ISLAMABAD, Aug 6 (Reuters) - A passenger train derailed in southern Pakistan on Sunday, killing at least 30 people and injuring more than 80, local broadcaster Geo reported citing a district official. Around 10 cars of a passenger train derailed in Nawabshah district in the southern province of Sindh, roughly 275 km (170 miles) from the country's largest city Karachi. [1/4]Pakistani army soldiers and rescue workers gather to search for survivors after a train derailed in Sarhari town in district Sanghar, Pakistan August 6, 2023. REUTERS/Yasir RajputGeo reported some people were still trapped inside a train car and others had been transferred to hospitals. A major train crash in Sindh in 2021 killed 56 people and injured more than 100.

Persons: Geo, Yasir Rajput Geo, Charlotte Greenfield, Tom Hogue, Alex Richardson Organizations: REUTERS, Initiative, Thomson Locations: ISLAMABAD, Pakistan, Nawabshah district, Sindh, Karachi, Sarhari, Sanghar

☆ 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 paid for its first Russian crude cargo in Chinese yuan. "How will it pay other lenders and how will it finance trade with China if it uses the low yuan reserves to pay for Russian oil?" However, Urals quality is a deterrent, as Pakistan's refineries cannot get as much gasoline and diesel out of Urals crude as they produce from Saudi and UAE crudes. Kpler's Katona expects Pakistan's liquidity issues and technical challenges to weigh on its appetite for Russian crude. "Russian imports into Pakistan will not grow into anything bigger than one cargo per month," he said.

Persons: Shahbaz Ashraf, Aadil Nakhoda, Nakhoda, Viktor Katona, Zahid Mir, Mir, PRL, Kpler's Katona, Ariba Shahid, Charlotte Greenfield, Florence Tan, Sonali Paul Organizations: Pakistan, United, FRIM Ventures, Karachi's Institute of Business Administration, Saudi, Pakistan Refinery Ltd, Reuters, Thomson Locations: KARACHI, Pakistan, Ukraine, Russia, Saudi Arabia, United Arab Emirates, Islamabad, Moscow, China, PORT, Oman, Saudi Arab, Saudi, UAE, Karachi, Sudarshan, Singapore

☆ Dollar slips as Fed's rate-hike cycle seen ending
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: +3 min

A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. While Fed Chair Jerome Powell left the door open to another hike in September, traders were unconvinced, sending the U.S. dollar broadly lower. Sterling steadied at $1.2935, having eked out a slight gain against the dollar in the previous session. A dovish pivot from the Fed will likely exert a downward pressure on the U.S. dollar in the medium term." BOJ Governor Kazuo Ueda was quoted as saying at a key government meeting on Wednesday that the central bank will maintain accommodative monetary conditions for companies.

Persons: Jerome Powell, Sterling steadied, Emin Hajiyev, Nadia Gharbi, Kazuo Ueda, Jarrod Kerr Organizations: Federal Reserve, Fed, U.S, Insight Investment, ECB, Pictet Wealth Management, Bank, Australian, Reserve Bank of Australia, Communist Party Locations: Karachi, U.S

KARACHI, Pakistan, July 20 (Reuters) - Fuel pump operators across Pakistan are to hold a nationwide strike on July 22 in a bid to secure larger margins amid an inflation crisis, the Pakistan Petroleum Dealers Association said on Thursday. "We will shut down all petrol pumps across Pakistan on July 22, 6 p.m.," said the association, which says it has more than 10,000 members. In a statement it said interest rates and inflation have hit operators' businesses and called for the dealership margin to be increased. "Around 8,000-9,000 (operators) ... represented by us, will be shut on July 22," Abdul Sami Khan, chairman of the association, told Reuters. Reporting by Ariba Shahid in Karachi; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Abdul Sami Khan, Ariba Shahid, Conor Humphries Organizations: Pakistan Petroleum Dealers Association, Reuters, Thomson Locations: KARACHI, Pakistan, Karachi

☆ Pakistan to sell contract to run Islamabad airport
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

KARACHI, Pakistan, July 20 (Reuters) - Pakistan is to proceed with the sale via tender of a contract to manage Islamabad airport after consultations with the International Finance Corporation (IFC), the Ministry of Finance said on Thursday. In March Pakistan had kicked off the outsourcing of operations at three major airports and the ministry said Islamabad airport was the first of these to be affected, as the country seeks to generate foreign exchange reserves for its ailing economy. In a statement the ministry said it had been unanimously agreed for the outsourcing of operations at Islamabad airport to go ahead in order to improve service delivery in line with best industry practices. Officials say Pakistan has been in talks with Qatar to jointly run the terminals at Islamabad, Karachi and Lahore airports. The Qatar Investment Authority pledged to invest $3 billion in Pakistan after Prime Minister Shehbaz Sharif visited Doha late last year.

Persons: Shehbaz Sharif, Ariba Shahid, David Holmes Organizations: International Finance Corporation, IFC, Ministry of Finance, Pakistan, Qatar Investment Authority, Thomson Locations: KARACHI, Pakistan, Islamabad, Qatar, Karachi, Lahore, Doha

ISLAMABAD, July 20 (Reuters) - Ukrainian Foreign Minister Dmytro Kuleba on Thursday called for the Black Sea grain initiative to be restored to meet the challenge of global food insecurity. "It is not only in our interest but in the world's interest that this grain initiative is restored," Zardari said. The Black Sea grain deal expired on Monday after Russia quit, despite a U.N. offer to President Vladimir Putin to re-establish access for a Russian bank to the SWIFT international payment system in return for an extension. The U.N. estimates the grain deal lowered food prices globally by 20%. Russia has warned that ships sailing to the Ukrainian Black Sea ports from Thursday will be seen as potential military targets.

Persons: Dmytro Kuleba, Bilawal Bhutto Zardari, General Antonio Guterres, Zardari, Russia, Vladimir Putin, Kuleba, Asif Shahzad, David Evans, Sharon Singleton Organizations: Ukrainian, United Nations, Thomson, Reuters Locations: ISLAMABAD, Islamabad, Kyiv, Russia, Moscow, Pakistan, Russian, Chornomorsk, China, Ukraine, Ukrainian, Shahid, Karachi

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