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Iran’s Raisi backs nuclear talks, rules out meeting Biden

TEHRAN: Iranian President-elect Ebrahim Raisi on Monday backed talks between Iran and six world powers to revive a 2015 nuclear deal but flatly rejected meeting US President Joe Biden, even if Washington removed all sanctions.

In his first news conference since winning Friday’s presidential election, the hardline judge said his foreign policy priority would be improving ties with Iran’s Gulf Arab neighbours.

Raisi, 60, a strident critic of the West, will take over from pragmatist Hassan Rouhani on Aug. 3 as Iran seeks to salvage the tattered nuclear deal and be rid of punishing US sanctions that have crippled Iran’s economy.

“We support the negotiations that guarantee our national interests. … America should immediately return to the deal and fulfil its obligations under the deal,” said Raisi, who is himself under US sanctions.

Negotiations have been underway in Vienna since April to work out how Iran and the United States can both return to compliance with the nuclear pact, which Washington abandoned in 2018 under then-President Donald Trump before reimposing sanctions on Iran.

Raisi said Iran’s foreign policy would not be limited to the nuclear deal, adding that “all US sanctions must be lifted and verified by Tehran”.

Iranian and Western officials alike say Raisi’s rise is unlikely to alter Iran’s negotiating stance in talks to revive the nuclear deal. Supreme Leader Ayatollah Ali Khamenei has the final say on all major policy.

Asked if he would meet Biden if those sanctions were lifted, Raisi answered: “No.”

Fake accounts scam: PPP leader excuses himself from NAB hearing

KARACHI : PPP leader and former Sindh minister Sharjeel Memon on Tuesday excused himself from appearing before the National Accountability Bureau (NAB) in the fake accounts scam.

In a letter to the NAB Rawalpindi, he said he could not appear before it today due to the ongoing budget session in the Sindh Assembly and requested that the hearing be rescheduled to a later date, assuring that he will turn up before it.

NAB officials confirmed to have received the letter from Sharjeel Memon with the investigation officer of the case getting back to him to inform him about issuance of his summon next month.

The PPP leader was likely to be quizzed about his alleged involvement in financial wrongdoings during his stint as the Sindh local government minister. Former Sindh minister is also accused of taking kickbacks, the bureau said.

He is facing a number of cases, including ones related to a multi-billion scam in the Sindh information department and owning more assets than his known sources of income justify.

PPP Leader Sharjeel Memon and 16 others have been charged with misappropriating advertisement funds of the information department to the tune of Rs5.76 billion. National Accountability Bureau (NAB) had filed a reference against them in 2016 over involvement in alleged irregularities in awarding contracts to different newspapers and channels for running public interest advertisement and others.

They inflicted a loss of Rs5.76 billion to the national exchequer, the bureau said.

EU to lift restrictions on Burundi

The European Union is in the process of removing financial restrictions on Burundi, the president’s office has said.

The decision to lift the ban on restrictions was communicated to Burundi’s president when he met the EU delegates on Monday in the political capital, Gitega, the president’s office announced on Twitter.

The EU is set to formally begin the lifting of the restrictions.

The EU representative in Burundi, Claude Bochu, said that this is “a starting process to lift the ban on Burundi”.

In 2016, the EU suspended direct financial support to the Burundian government over human rights violations after the unrest that followed the failed coup of 2015.

Since 2020, under President Evariste Ndayishimiye, Burundi has made efforts to restore rights and foreign relations, and had approached the EU to lift the ban.

But different rights groups on Monday wrote a petition to the EU deploring “widespread impunity for past and ongoing serious human rights violations” in the country.

PSL 2021 Eliminator 1: Peshawar Zalmi knockout Karachi Kings

Peshawar Zalmi held their nerves and defeated defending champions Karachi Kings in the first Eliminator of the Pakistan Super League’s sixth edition at UAE’s Sheikh Zayed Cricket Stadium.

Peshawar defeated Karachi by five wickets in their 176-run chase — knocking the Imad Wasim-led side out of the tournament.

Zalmi will now meet Islamabad United in Eliminator 2 on June 22. The winner of the match will qualify for the final, where they will face off against Multan Sultans.

For Zalmi, openers Hazratullah Zazai and Kamran Akmal had taken them to 49 before Noor Ahmed drew first blood.

Ahmed removed Kamran Akmal for 13 in the fifth over of Zalmi’s innings.

Zazai who was hitting the Kings’ bowlers all over the ground completed his half-century from 23 balls in the seventh over.

The Afghan was hitting so cleanly that Kings star bowler and fellow countryman Ahmed was also looking clueless against him.

Peshawar lost their second wicket from the last ball of the 10th over. It was Thisara Perera that removed Imam-ul-Haq to put Zalmi two down.

In the 12th over, Perera removed the dangerous Zazai for 77 and put Zalmi three down.

The removal had slowed down the runs for Peshawar and they needed 44 runs from the last 30 balls.

And in the 18th over, Peshawar lost Khalid Usman who was bowled by Mohammad Ilyas. At that point, Zalmi needed 21 runs in 16 balls.

In the 19th over, Mohammad Amir removed Shoaib Malik to give some hope to his Karachi side. When Malik was dismissed Zalmi required 13 runs from 10 balls.

After the end of Amir’s over. Zalmi needed seven runs in the last six balls to secure a win.

However, West Indian Sherane Rutherford guided his team to the finishing line with one ball to spare.

Zalmi ended the innings at  176/5.

Karachi Kings’ innings

In the first innings, Kings were restricted to 175 by the Zalmi bowlers.

It was Zalmi’s Mohammad Irfan that drew first blood for Peshawar. The right-hander trapped Sharjeel on the second last ball of the sixth over to take the Kings first wicket.

In the next over, Umaid Asif removed Martin Guptill to put Karachi two down.

In the 12th over, Irfan removed the dangerous Danish Aziz to put Karachi three down.

Babar Azam, who was playing a crucial role for his team, completed his half-century in the 14th over. He was dismissed by Wahab Riaz in the 15th over after he tried to hit a six off the Zalmi captain’s bowling.

Thisara Parera made an important 37 for his side before being dismissed by Umaid Asif.

Wahab Riaz then dismissed Chadwick Walton to put the defending champions six down.

And in the last over, Mohammad Imran removed Imad Wasim from the first ball of the 20th over.

Imran gave just 10 runs in the last over to help making sure that the Kings end their innings at 175/7.

Before the start of the match, Peshawar ZaGeolmi won the toss opted to bowl first.

Playing XI

Peshawar Zalmi: Kamran Akmal (wk), Hazratullah Zazai, Imam-ul-Haq, Shoaib Malik, Rovman Powell, Sherfane Rutherford, Khalid Usman, Wahab Riaz (c), Umaid Asif, Mohammad Irfan, Mohammad Imran

Karachi Kings: Babar Azam, Sharjeel Khan, Martin Guptill, Chadwick Walton (wk), Thisara Perera, Imad Wasim (c), Danish Aziz, Noor Ahmed, Mohammad Amir, Mohammad Ilyas, Arshad Iqbal

NSA Moeed Yusuf to represent Pakistan in SCO meeting being held in Tajikistan today

National Security Adviser Dr Moeed Yusuf is in Tajikistan to participate in the 16th meeting of the Secretaries of the Security Council of the Shanghai Cooperation Organization member states starting today (Tuesday).

According to statement, the NSA will also meet with his counterparts from Tajikistan, Uzbekistan, Kyrgyzstan, Kazakhstan, Russian Federation and China to discuss matters of mutual interest.

The upcoming SCO meeting is of special importance as Prime Minister Imran Khan is expected to visit Dushanbe for the SCO Heads of State Council meeting later this year.  

Govt fully cognizant of its responsibility to provide essential items at affordable rates: Tarin

Islamabad : Finance Minister Shaukat Tarin has said that Government is fully cognizant of its responsibility regarding provision of essential items at affordable prices across the board and is taking effective measures in this regard.

Presiding over the meeting of a National Price Monitoring Committee in Islamabad, the Finance Minister said the Government has taken all out measures to provide essential items through a network of Sahulat/Saasta Baazars, given hefty subsidies through chain of Utility Stores outlets and is taking strict administrative measures to keep prices of basic items in check.

The meeting was informed that the weekly SPI increased by 0.28 percent for the week ended on 17th June, 2021 and Prices of 09 items declined, 21 items slightly increased and 21 items remained stable.

The Finance minister directed the provincial governments for strict monitoring of prices toto provide relief to common man.

He also directed Ministry of Industries and Production to hold a meeting with ghee/edible oil manufacturers in order to transmit the declining trend of international oil prices to the local consumers.

Swedish PM Lofven ousted by parliament in no-confidence vote

The Swedish Parliament, for the first time in the history has unseated Prime Minister Stefan Lofven through a vote of no confidence.

A total of 181 of 349 parliamentarians supported the motion tabled by Left Party.

The Social Democrat Party’s premier has just a week to resign or call election.

Govt committed to provide facilities to journalists: Fawad

Islamabad : Minister for Information and Broadcasting Chaudhary Fawad Hussain has said that Government is committed to provide facilities to the journalists.

In a meeting with a delegation of Pakistan Federal Union of Journalists in Islamabad, the information minister said Sehat cards will be provided to the journalists on priority basis.

The information minister said special packages will be introduced in Naya Pakistan Housing Scheme and Kamyab Jawwan Programme for journalists.

Bitcoin steadies in Asia trading after Monday’s plunge

Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world’s largest token to a two-week low.

Bitcoin was last up 3.17% at 32,600, having dropped more than 10% on Monday. Ether, the second-biggest crypto currency, was up 3.54% at 1,950 after hitting a five-week low the day before.

Monday’s sell-off was sparked by an announcement from the Peoples Bank of China saying it had summoned China’s largest banks and payment firms urging them to crack down harder on cryptocurrency trading.

Beijing has sharply ratcheted up its campaign in the past few weeks, since China’s State Council, or cabinet, said last month it would tighten restrictions on bitcoin trading and mining.

However, Tuesday’s price moves suggested Asian traders thought markets overnight had overreacted to the news.

“A Chinese ban on cryptocurrencies isn’t something new. The one that came out yesterday was almost a copy of a previous annoucement, earlier this year,” said Justin d’Anethan, head of exchange sales at crypto exchange operator EQONEX.

“As always, leverage, large participants and fundamental events mean crypto can move dramatically,” he said.

Last month, three industry associations issued a ban on crypto-related financial services, but the bodies are much less powerful than the PBOC.

Market participants said at the time that the earlier ban would be hard to enforce as banks and payment firms would struggle to identify crypto-related payments.

However, following Monday’s PBOC statement, banks including Agricultural Bank of China and Alipay, the ubiquitous payment platform owned by fintech giant Ant Group, said they would step up monitoring to root out crypto transactions.

Pakistan ready to be partner for peace in Afghanistan, but cannot host US bases: PM Khan

ISLAMABAD: Pakistan is ready to be a partner for peace in Afghanistan with the United States — but cannot host US bases in the country, these views were expressed by Prime Minister (PM) Imran Khan in his article in “The Washington Post” on Tuesday.

Pakistan and the US have the same interest in Afghanistan, said the premier and added Islamabad opposes any military takeover of Afghanistan, which will lead only to decades of civil war. “History proves that Afghanistan can never be controlled from the outside.”

PM Imran Khan further said in his opinion in The Washington Post that, Pakistan has suffered so much from the wars in Afghanistan. More than 70,000 Pakistanis have been martyred. While the United States provided $20 billion in aid, losses to the Pakistani economy have exceeded $150 billion.

There are more than 3 million Afghan refugees in our country — if there is further civil war, instead of a political settlement, there will be many more refugees, destabilizing and further impoverishing the frontier areas on our border. We are even now fencing Pak-Afghan historically open border almost completely.

The premier said if Pakistan were to agree to host US bases, from which to bomb Afghanistan, and an Afghan civil war ensued, Pakistan would be targeted for revenge. We simply cannot afford this. We have already paid too heavy a price. Meanwhile, if the United States, with the most powerful military machine in history, couldn’t win the war from inside Afghanistan after 20 years, how would America do it from bases in our country?

He hoped that the Afghan government will show flexibility in talks with the Taliban for enduring peace and stability in the war-stricken country.

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