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East Zone Cricket schedule announced

East Zone Cricket schedule announced

LAHORE – The schedule for the three remaining quarter-finals of the East Zone Cricket Championship was announced here on Sunday. The quarter-final between Cantonment Gym and Ghalib Sports will be played on April 19 at Model Town Nawab ground. On the same day, Shining Club will face Punjab Club at LCCA ground in their pre-quarterfinal match.
The winner of this match will face Baghbanpura Eaglets in the quarter-final on April 22 at LCCA ground. The last quarter-final will be

East Zone Cricket C’ship schedule

LAHORE – The schedule for the seven matches of the East Zone Cricket Championship has been announced. Mughalpura Institute Jallo Gym, Lucky Stars, Ghalib Sports and Baghbanpura Eaglets have already qualified for the quarter-finals.
Schedule:
April 11 (Shining Club v Dharampura Sports at Model Town Aligarh ground Umpire M Shafiq and Gulzar Ahmed)
April 12 (Muslimabad Gym v Mughalpura Gym at Wahdat Colony ground Umpires M Hanif and Tasaddaq Jamal)
April 14 (Lucky

PML-N warns of reopening East Pakistan case

LAHORE – The PML-N on Thursday warned of reopening the East Pakistan (now Bangladesh) dismemberment case in response to the PPP’s move of reopening the Zulfikar Ali Bhutto’s case.
PML-N leaders said this while addressing a public meeting organised by the party’s Lahore Cantt chapter to protest against US drone attacks, Raymond Davis’ release and a US pastor’s desecration of the holy Quran. Those who addressed the meeting included Khawaja Saad Rafiq, Pervaiz Rashid, Mian Marghob

Oil near two and a half year peak amid Middle East turmoil

LONDON – Oil prices stayed near a two and a half year peak supported by widespread unrest in the Middle East and North Africa and dollar weakness ahead of Europe’s central bank rate decision on Thursday.
Brent crude traded above $122 a barrel with US crude at $108.5 a barrel and broadly flat. The European central bank is expected to raise interest rates by 0.25 percent on Thursday in the first hike since the 2008 financial crisis. The expectations have propelled the euro to a

Disrupted coal supplies likely amid Middle East unrest

KARACHI – Disruption in coal supplies is plausible as the geo-political situation, emerging in Middle East and North Africa, is likely to trigger a rise in crude oil prices. With reference to Pakistan, import of coal – chiefly from Indonesia – may have an adverse impact on production cost, given the latter’s electricity generation need, said Gulshan D Ferozepurwalla at SCS trade.
He pointed out that political instability dominates oil markets in Middle East and North Africa,

Crude oil prices rally on Mid East tensions

LONDON – World oil prices rose sharply Thursday as trader sentiment was jarred by simmering geopolitical tensions in the Middle East and North Africa, particularly in Libya and Syria.
In London midday trade, Brent North Sea crude for delivery in May added $1.07 to $116.20 a barrel.
New York’s main contract, light sweet crude for May, won 99 cents to $105.26.
“Crude oil prices rebounded strongly amid ongoing political unrest across Middle East that continue to raise

Taliban fighters seize Afghan district in remote east

ASADABAD – Taliban insurgents seized a district in Afghanistan’s remote northeast after a brief battle with police, provincial officials said on Tuesday, underscoring the difficulty Afghan and foreign forces face in securing the increasingly violent region.
Hundreds of Taliban fighters had captured the Waygal district centre in mountainous Nuristan province in the pre-dawn hours on Tuesday, said Mohammad Zarin, a spokesman for the provincial governor. Nimatullah Mazabyar, the

Taliban seize remote district in east Afghanistan

ASADABAD – Taliban insurgents seized a district in Afghanisan’s remote northeast after a brief battle with police, provincial officials said on Tuesday, underscoring the difficulty Afghan and foreign forces face in securing the increasingly violent region.
Hundreds of Taliban fighters had captured the Waygal district centre in mountainous Nuristan province in the pre-dawn hours on Tuesday, said Mohammad Zarin, a spokesman for the provincial governor.
Nimatullah Mazabyar,

East meets West in Asia-focused Edinburgh festival

LONDON – The 2011 edition of the Edinburgh International Festival will be a celebration of “vibrant and diverse” Asian culture, from traditional Indian music to a Chinese adaptation of Shakespeare, organisers said Wednesday. The festival, one of several that take place in the Scottish capital each summer and which together form the biggest cultural event in the world, will present three weeks of music, dance, theatre, and opera from August 12. This year’s international festival is “an

East Zone Cricket Tournament schedule finalised

LAHORE – The East Zone Cricket Association Tournament Committee meeting held its meeting under the Chairmanship of Waqar-ul-Munir on Sunday to finalise the matches schedule.
The tournament Committee has declared that four clubs i.e Mughalpura Institute(Group A), Lucky Star (Group B), Ghalib Sports (Group C), Baghbanpura Eaglets (Group D) will play the quarter finals. Mughalpura Institute will face with Jallo Gym in quarter final.
In the group B Lucky Stars will meet with the

Middle East crisis propels a jump in forex reserves

KARACHI – Following a waning trend in the past two weeks, the country’s foreign exchange reserves have hit a record high of $17.608 billion in the week ending on March 12. Figures from the State Bank of Pakistan (SBP) reveal that, during the week under review, the country’s total liquid foreign reserves increased by $238 million or 1.37 percent compared to $17.370 billion in the previous week. Current reserves of over $17.608 billion raised 0.1 percent or $19 million compared to the

Brent rebounds on Middle East crisis

LONDON – Oil prices rose by over $2.0, with Brent topping $111 a barrel and rebounding from three-week lows a day earlier as escalating violence in the Middle East renewed fears about oil supply in the region. After an earlier crackdown on protesters in Bahrain resulted in at least four deaths according to hospital sources, violent clashes erupted in Yemen and Syria.
Iran chimed in with President Mahmoud Ahmadinejad quoted by state television condemning Bahrain’s crackdown on

NATO airstrike kills two Afghan children in east

KABUL – An airstrike by NATO-led forces killed two children as they were watering fields in Afghanistan’s eastern Kunar province late on Monday, an Afghan official and lawmaker said. The deaths occurred weeks after tensions between Afghan President Hamid Karzai and his Western backers were inflamed by the killing of nine children who were collecting firewood in the same province.
Last year was the most lethal for non-combatants since the Taliban were ousted from power in 2001,

China says Middle East should solve problems itself

BEIJING – Middle East countries should be left to themselves to resolve the problems they currently face without outside interference, a Chinese vice foreign minister said during a visit to the region. While China supported a United Nations resolution for an arms embargo and other sanctions targeting Libyan leader Muammar Gaddafi and his inner circle, it has so far been cool to the idea of a no-fly zone over that country. “The Middle East’s stability is beneficial to the world’s peace

East Zone matches washed out

LAHORE – Two matches of the East Zone Cricket Championship, one between Shining Club and New Union Club at Wahdat Colony Ground and the other between Baghbanpura Eaglets and Gadafi Club at Jallo Ground, were washed out Wednesday due to rain.
The matches will now be played next week. The tournament committee has decided to postpone the match between Muslimabad Gym and Mughalpura XI. Earlier, Lucky Stars marched into the second round after defeating Khan Sports Club by 9 wickets at

Unrest in Middle East hampers export activities

KARACHI – Export promotional activities have been hampered due to the prevalent unrest in Middle Eastern/African countries. Pakistan, habitual of attending international business exhibitions and fairs in respective countries/region, has cancelled visit of various delegations following the uprising in different countries of the two regions.
Traders had been facilitated by the Trade Development Authority of Pakistan (TDAP); however the grave law and order situation in foreign

Middle East riots spread fears among rice exporters

LAHORE – Keeping in view of the current political instability in troubled areas of Middle East, the federal government should formulate a policy to provide safeguard to Pakistani exporters, said Rice Exporters Association of Pakistan (REAP) Acting Chairman Taufiq Ahmed Khan.
He said the government should make sure that all buyers honoured their business commitment with Pakistani exporters as financial insecurity was increasing in exports, especially in Middle East countries

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