PTI to wait for SC verdict on Panama before pressurising Sharif to resign

Agencies
July 18, 2017

Islamabad, Jul 18: As the Supreme Court is set to pronounce its verdict in the Panama Papers, the Pakistan Tehreek-i-Insaf (PTI) on Tuesday said it will wait for the court`s decision before calling on the people to take to the streets and force Prime Minister Nawaz Sharif to resign from his post.On the other hand, the Pakistan Peoples Party (PPP) has warned Sharif that he will be coerced to leave histhis post if he does not resign on his own, reported the Dawn.Sharif

"Our party will wait for the Supreme Court`s decision," PTI spokesman Fawad Chaudhry said.Chaudhry said the decision to wait has been made by the party, adding that the party will not organise big rallies or public meetings till the court announces its decision, but will hold small party conventions at various places."We do not want to give an impression that we have taken out people on the street before the apex court`s verdict, but we want to keep our workers charged so that they remain ready for any call by the chairman," he said.

Earlier on Monday, a Justice of Pakistan Supreme Court, who is heading the three-judge implementation bench hearing the Panama Papers case, said that the Joint Investigation Team`s (JIT) findings against Sharif`s family are not obligatory on the apex court."The JIT`s findings against Sharif family are not binding on the Supreme Court," the Express Tribune quoted Justice Ejaz Afzal Khan as saying during the hearing.The apex court questioned whether Sharif received monthly salary from FZE, an offshore company, as revealed in the JIT report.

According to the report, Justice Sheikh observed that the JIT obtained documents related to FZE through Mutual Legal Assistance (MLA) from United Arab Emirates under the National Accountability Bureau (NAB) law as those were certified and not source documents.Meanwhile, Justice Ejaz observed that it was debatable whether the documents could be accepted without questioning the people who signed them.The top court is likely to either put Sharif on trial on corruption charges or even disqualify him.However, the few are expecting the judges to dismiss the case after the JIT submitted a damaging report into Sharif`s family wealth.

Earlier, Sharif`s lawyers and Finance Minister Ishaq Dar, submitted separate objections to the JIT report in the apex court today.A three-member apex bench, headed by Justice Ejaz Afzal Khan, and comprising Justice Sheikh Azmat Saeed and Justice Ijazul Hassan, after the JIT began hearing the case as the JIT submitted its final report on July 10.The report pointed out a categorical foul play on part of the Prime Minister, his children and other family members in their wealth details linked to offshore companies unearthed in Panama Papers.

The report also found respondents guilty of being beneficial owners of multiple offshore companies and recommended initiation of reference against Sharif and his family members in the National Accountability Bureau.In the objections filed before the court, the Sharif family and the Finance Minister rejected the JIT report and argued that the team violated its mandate, reports the Dawn.

Meanwhile, PTI lead counsel Naeem Bukhari in his arguments highlighted certain findings from the JIT report, including the alleged false testimony of Tariq Shafi, who is Sharif`s cousin and a key respondent in the case.Shafi recorded a false testimony earlier regarding an agreement that he made in 1980 with Abdullah Kayed Ahli, the owner of Ahli Steel Company, Dubai in which Shafi held 25 per cent shares, said Bukhari.

The trust deed of the four flats located in London`s upscale Park Lane neighbourhood, executed between Maryam Nawaz and Hussain Nawaz - the Prime Minister`s children - in February 2006, was found to be false by the JIT, Bukhari told the apex bench.The counsel representing Sharif`s sons in the case, Salman Akram Raja, had argued before the SC in February that bearer certificates of the flats had remained with Maryam between February and July 2006. However, they were cancelled upon execution of the trust deed and registered under Minerva Services Limited - an entity that appointed directors for the two offshore companies, Nielson Enterprises Ltd and Nescoll Ltd. that owned the four flats.

The court is expected to either put Sharif on trial on corruption charges, or even disqualify him, but few expect the judges to dismiss the case.

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News Network
April 30,2020

London, Apr 30: The coronavirus is roiling global job markets, but the picture is not all gloomy. Finance, technology and consumer goods firms are hiring tens of thousands in the United States and other countries, according to data from Microsoft Corp's professional networking site LinkedIn.

Across seven countries in North America, Europe and Asia, healthcare providers are among the busiest recruiters given the ongoing battle against the novel coronavirus, which has killed over 200,000 people and infected over 3 million people worldwide, LinkedIn said. But lifestyle changes during lockdown are also driving demand for financial consultants, factory workers, animators and game designers, and delivery workers.

Overall, the hiring rate has plunged in the first quarter from the year-ago period, and in late April remains lower than a year ago across most countries surveyed by the platform. But the data offer a glimmer of hope with a gradual uptick in China, where the coronavirus emerged last year and which leads the world in surfacing from a months-long lockdown.

LinkedIn, with over 690 million users worldwide, counts new hires when people add a new employer to their profile. The rate is the number of new hires divided by the total number of LinkedIn members in a country.

The figures, tracked since mid-February, are not corroborated by official jobs data and do not represent the actual number of jobs in an economy. Government figures are usually released with a time-lag of several weeks.

"We are confident that our data is directionally correct in that there has been a huge decline in hiring in the U.S. and abroad," Guy Berger, principal economist at LinkedIn in California, told Reuters.

Hiring in China plummeted 50% during the height of its coronavirus crisis in mid-February from 12 months earlier. Since restrictions were eased in early April, the hiring rate has inched up, and for the week ending April 24 was 3% lower than the same period in 2019.

Hiring in the United States, United Kingdom, France and Italy - which lead the world in coronavirus-related deaths - remains hugely depressed, but is falling less rapidly than a few weeks ago as the countries pass the peak of their epidemics.

Retailers including Walmart Inc, Amazon.com Inc and Instacart have said they would hire a total of over 700,000 workers to meet a surge in demand for groceries and household essentials during the coronavirus outbreak.

Coronavirus state-wise India update: Total number of confirmed cases, deaths on April 30

Consumer goods manufacturers such as Unilever, whose products include soap and shampoo, confirmed on Wednesday it was hiring to fill 300 jobs globally, but declined to elaborate.

Nestle told Reuters it was looking to fill 5,000 full-time U.S. positions in "a variety of levels across corporate and frontline."

Fidelity Investments, a Boston-based financial services firm, said it had accelerated recruitment because of the pandemic and was looking to fill at least 2,000 full-time roles for financial consultants, software engineers and customer service staff in the United States in 2020.

Companies hiring in the United States and other countries also include Apple Inc; ByteDance, the Chinese parent of video-sharing social network TikTok; Takeda Pharmaceutical Co Ltd; and aerospace and defence company Lockheed Martin Corp. These companies did not immediately respond to requests for comment.

DIRE WARNINGS

The International Labour Organization warned on Wednesday that 1.6 billion workers, or nearly half of the global workforce, especially in the informal economy, could lose their livelihoods.

Record numbers of people have applied for U.S. jobless benefits since mid-March, and the unemployment rate is expected to soar to 16%, White House economic adviser Kevin Hasset said this week, from a 50-year low of 3.5% before the pandemic hit.

Both Italy and France, in lockdown for nearly two months, have seen hiring rates drop by around 70% from a year ago, according to LinkedIn.

Since China is ahead of other countries on the pandemic timeline, improvements there could suggest the same is in store elsewhere, Berger said. Several American states and European countries have begun allowing some non-essential businesses and schools to reopen in the hopes of restarting the economy and allowing a gradual return to normal life.

"It's still slightly early to call it a firm recovery," Berger said, referring to improving prospects in China. "We're not expecting a full recovery but rather it's an indication that parts of the economy will switch on as lockdowns are eased, at least relative to the worst point of the pandemic."

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News Network
March 6,2020

Beijing, Mar 6: World health officials have warned that countries are not taking the coronavirus crisis seriously enough, as outbreaks surged across Europe and in the United States where medical workers sounded warnings over a "disturbing" lack of hospital preparedness.

The World Health Organization warned Thursday that a "long list" of countries were not showing "the level of political commitment" needed to "match the level of the threat we all face".

"This is not a drill," WHO chief Tedros Adhanom Ghebreyesus told reporters.

"This epidemic is a threat for every country, rich and poor."

Tedros called on the heads of government in every country to take charge of the response and "coordinate all sectors", rather than leaving it to health ministries.

What is needed, he said, is "aggressive preparedness."

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News Network
February 12,2020

Saint Martin's Island, Feb 12: At least 15 women and children drowned and more than 50 others were missing after a boat overloaded with Rohingya refugees sank off southern Bangladesh as it tried to reach Malaysia Tuesday, officials said.

Some 138 people -- mainly women and children -- were packed on a trawler barely 13 metres (40 feet) long, trying to cross the Bay of Bengal, a coast guard spokesman told news agency.

"It sank because of overloading. The boat was meant to carry maximum 50 people. The boat was also loaded with some cargo," another coast guard spokesman, Hamidul Islam, added.

Nearly one million Rohingya live in squalid camps near Bangladesh's border with Myanmar, many fleeing the neighbouring country after a 2017 brutal military crackdown.

With few opportunities for jobs and education in the camps, thousands have tried to reach other countries like Malaysia and Thailand by attempting the hazardous 2,000-kilometre journey.

In the latest incident, 71 people have been rescued including 46 women. Among the dead, 11 were women and the rest children.

Anwara Begum said two of her sons, aged six and seven, drowned in the tragedy.

"We were four of us in the boat... Another child (son, aged 10) is very sick," the 40-year-old told news agency.

Fishermen tipped off the coast guard after they saw survivors swimming and crying for help in the sea.

The boat's keel hit undersea coral in shallow water off Saint Martin's Island, Bangladesh's southernmost territory, before it sank, survivors said.

"We swam in the sea before boats came and rescued us," said survivor Mohammad Hossain, 20.

Coast guard commander Sohel Rana said three survivors, including a Bangladeshi, were detained over human trafficking allegations.

An estimated 25,000 Rohingya left Bangladesh and Myanmar on boats in 2015 trying to get to Thailand, Malaysia and Indonesia. Hundreds drowned when overloaded boats sank.

Begum said her family paid a Bangladeshi trafficker $450 per head to be taken to Malaysia.

"We're first taken to a hill where we stayed for five days. Then they used three small trawlers to take us to a large trawler, which sank," she said.

Shakirul Islam, a migration expert whose group works with Rohingya to raise awareness against trafficking, said desperation in the camps was making refugees want to leave.

"It was a tragedy waiting to happen," he said.

"They just want to get out, and fall victim to traffickers who are very active in the camps."

Islam said in the past two months dozens of Rohingya reported approaches from traffickers to his OKUP migration rights group.

"Human smuggling and trafficking in the Bay of Bengal is particularly difficult to address as it requires concerted effort from multiple states," the Bangladesh head of UN agency the International Organization for Migration, Giorgi Gigauri, told news agency.

"The gaps in coordination are easily exploited by criminal networks."

Since last year, Bangladeshi authorities have picked up over 500 Rohingya from rickety fishing trawlers or coastal villages as they waited to board boats.

Trafficking often increases during the November-March period when the sea is safest for the small trawlers used by traffickers.

Bangladesh and Myanmar signed a repatriation deal to send back some Rohingya to their homeland, but none have agreed to return because of safety fears.

The charity Save the Children called on Myanmar to "take all necessary steps to ensure the Rohingya community can return to their homes in a safe and dignified manner".

"The tragic drowning of women and children... should be a wake-up call for us all," the group's Athena Rayburn said in a statement.

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