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Shahbaz's release, permission to travel abroad annoy PM: sources


Top Story
May 13, 2021
ISLAMABAD: The release of PML-N President Shahbaz Sharif on bail followed by Lahore High Court’s decision allowing him to travel abroad has annoyed the prime minister and confrontation between the government and opposition, particularly the PML-N is likely to step up after Eid. Sources said the PM was aware of certain developments in Shahbaz’s pre- and post-bail application. They said the PM expressed his displeasure in some of his meetings when he learnt during his visit of Saudi Arabia that the court had permitted Shahbaz to travel abroad Sources said the PM communicated his anger to the concerned and the FIA somehow blocked his travel the same night. ....

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Khan's Victory Set to Revive 'Bullishness' in Pakistan Markets


Khan’s Victory Set to Revive ‘Bullishness’ in Pakistan Markets
Bloomberg
3/8/2021
Faseeh Mangi and Ismail Dilawar
(Bloomberg) Pakistan Prime Minister Imran Khan’s victory in a confidence vote in Parliament, gave a boost to his fragile government and may help lure investors to its equity markets.
Khan got 178 votes from members of his Tehreek-e-Insaf party and allies in the 342-seat lower house National Assembly, proving majority, Speaker Asad Qaiser said in televised meeting in Islamabad on Saturday.
His win may temporarily bring stability to the South Asian nation as its economy recovers from the pandemic-induced contraction with the help of the International Monetary Fund’s $6 billion loan program. With U.S. President Joe Biden urging allies to uphold democracy, stability in Pakistan is an advantage in the region, which is already reeling from a coup in Myanmar. ....

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