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Imran Khan formally elected as Pakistan's new prime minister

Agencies
August 17, 2018

Islamabad, Aug 17: Cricketer-turned politician Imran Khan was elected as Pakistan's new prime minister today after he defeated veteran politician Shahbaz Sharif in a one-sided election in the National Assembly.

The election for the top post became just a formality after the Pakistan Peoples Party led by Bilawal Bhutto Zardari with 54 seats abstained from voting following a rift over Sharif's candidature.

Khan, 65, the chairman of the Pakistan Tehreek-e-Insaf (PTI), secured 176 votes while his only rival and the Pakistan Muslim League-Nawaz chief Sharif got 96 votes, National Assembly Speaker Asad Qaiser announced.

After the announcement of the result, PML-N lawmakers chanted slogans against Khan and protested in the house.

Khan will take the oath tomorrow as Pakistan's 22nd prime minister.

A total of 172 votes in the 342-member lower house of Parliament are needed to form a government.

The voting was held in open through division of members in different galleries designated for different candidates. The PPP lawmakers remained seated during the voting process. The Jamaat-i-Islami did not take part in the voting.

In a last-ditch effort to pursue the PPP to vote for Sharif, senior PML-N leader and former speaker Ayaz Sadiq went to Bhutto's seat and tried to convince him to change his decision to abstain from voting, sources said.

Even Sharif spoke to Bhutto to persuade him not to abstain. However, Bhutto excused himself from voting, they added.

Sharif, the 66-year-old younger brother of jailed former prime minister Nawaz Sharif, served as the chief minister of the politically crucial Punjab province from 2013 to 2018. He became PML-N president after his elder brother was barred from holding the top party position and public posts.

During the voting, Khan received support of smaller parties including Muttahida Quami Movement with seven seats, Balochistan Awami Party five, Balochistan National Party four, Pakistan Muslim League three, Grand Democratic Alliance three, Awami Muslim League and Jamori Watan Party one seat each.

Earlier, PML-N lawmakers including Sharif arrived in the National Assembly wearing black armbands to protest against alleged "rigging" of the votes during the July 25 general elections.

Sharif and Khan greeted each other and shook hands prior to the start of the session.

Earlier this week, PTI's nominees for Speaker and Deputy Speaker secured 176 and 183 votes respectively.

The PTI emerged as the single largest party with 116 seats in July 25 elections. Its number increased to 125 after nine independent members joined it and final tally reached 158 after it was allotted 28 out of 60 seats reserved for women and five out of 10 seats reserved for minorities. 

PTI spokesman Faisal Javed told the media yesterday that preparations are going on for the oath taking ceremony of Khan.

Javed said that Khan will wear a black sherwani on the occasion. The ceremony will be held at the President House and President Mamnoon Hussain will administer the oath to the premier. The ceremony will be kept simple.

Khan's government will be the third consecutive democratic government in Pakistan since 2008 when military ruler General Pervez Musharraf announced elections after serving as president from 2001 to 2008 following a bloodless coup in 1999.

The PPP formed the government in 2008, followed by the PML-N led by jailed former prime minister Nawaz Sharif in 2013.

Pakistan's powerful military has ruled the country through various coups for nearly half of the country's history since independence in 1947. Even during the civilian rule, the generals have wielded enormous power, setting the agenda for the country's foreign and security policies.

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News Network
February 6,2020

Washington, Feb 6: The US has expressed concern over the current situation of religious freedom in India and raised the issue with Indian officials, a senior State Department official has said.

The remarks came in the wake of widespread protests held across India against the Citizenship Amendment Act (CAA).

The senior State Department official, on condition of anonymity, said that he has met with officials in India about what is taking place in the nation and expressed concern.

"We are concerned about what's taking place in India. I have met with the Indian foreign minister. I've met with the Indian ambassador (to express my concern)," the official, who was recently in India, told reporters on Wednesday.

The US has also "expressed desire first to try to help and work through some of these issues", the official said as Secretary of State Mike Pompeo launched a 27-nation International Religious Freedom Alliance.

"To me, the initial step we try to do in most places is say what can we do to be of help you work through an issue to where there's not religious persecution. That's the first step, is just saying can we work with you on this," the official said.

India maintains that the Indian Constitution guarantees fundamental rights to all its citizens, including its minority communities.

It is widely acknowledged that India is a vibrant democracy where the Constitution provides protection of religious freedom, and where democratic governance and rule of law further promote and protect fundamental rights, a senior official of the Ministry of External Affairs has said.

According to the CAA, members of Hindu, Sikh, Buddhist, Jain, Parsi and Christian communities who have come from Pakistan, Bangladesh and Afghanistan till December 31, 2014 following religious persecution there will get Indian citizenship.

The Indian government has been emphasising that the new law will not deny any citizenship rights, but has been brought to protect the oppressed minorities of neighbouring countries and give them citizenship.

Defending the CAA, Prime Minister Narendra Modi last month said that the law is not about taking away citizenship, it is about giving citizenship.

"We must all know that any person of any religion from any country of the world who believes in India and its Constitution can apply for Indian citizenship through due process. There's no problem in that," he said.

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News Network
March 4,2020

London, Mar 4: The UK government has reiterated its concern over the potential impact of the Citizenship Amendment Act (CAA) and said it is continuing to follow the events in India closely.

In response to an urgent question on “Recent Violence in India” tabled by Pakistani-origin Opposition Labour Party MP Khalid Mahmood in the House of Commons on Tuesday, UK’s Minister of State in the Foreign and Commonwealth Office (FCO) Nigel Adams said the UK engages with India at all levels, including on human rights, and also referred to the country's "proud history" of inclusive government and religious tolerance.

"The UK government also have concerns about the potential impact of the legislation (CAA),” said Adams, the Minister for Asia who was standing in for UK Foreign Secretary Dominic Raab, who is on a visit to Turkey.

"It is because of our close relationship with the government of India that we are able to discuss difficult issues with them and make clear our concerns where we have them, including on the rights of minorities. We will continue to follow events closely and to raise our concerns when we have with them,” said the minister.

While Mahmood, who had tabled the urgent question for an FCO statement, described the government response as “facile”, another Pakistani-origin MP Nusrat Ghani called on the government to relay the UK Parliament's concerns to the Indian authorities.

British Sikh Labour MP Tanmanjeet Singh Dhesi said the violence had brought back “painful personal memories” from the 1984 Sikh riots while he was studying in India and fellow Sikh MP Preet Kaur Gill also referenced 1984 in her intervention.

Other MPs sought to highlight the steps taken by the Indian authorities to restore “peace and tranquillity” in Delhi.

“He will be aware that it is not just Muslims who have been killed; Hindus have also been killed as part of the riots,” said Conservative Party MP Bob Blackman.

Scottish National Party (SNP) MP Alyn Smith sought the UK government’s intervention to share best practice around countering the online disinformation campaign being used in India to “inflame tensions”.

“We are in constant contact on these issues, and we know how important this is to Members of Parliament and their constituents, who may have family in the area,” said Adams, in his response.

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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