LAHORE: The economists are dismayed by recent anti-industry increase in policy rates by the State Bank of Pakistan to control inflation that was alrea

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Karachi Suspected militants have allegedly robbed a bank that was situated in Mauripur police limits. A police constable and a security guard

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Pakistan News

A Canadian journalist abducted this week in Pakistan’s northern tribal region was working on a documentary film for the Al-Jazeera network, media reported Friday.

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ABU DHABI: Pakistan defeated the West Indies in the second successive One-day International by 24 runs to win the three-match series here on Friday.The West Indies, despite a fighting hundred by Shivnarine Chanderpaul, were all out for 208 with seven balls left.Chasing a moderate target of 233 runs, the West Indies were in deep trouble right from the beginning as Sohail Tanvir dismissed both their openers with only 14 runs on the board.Then, Chanderpaul and Ramnaresh Sarwan got together and fought hard to take the score to 106 when the latter was trapped lbw by Shahid Afridi. Sarwan made 45 and added 92 runs for the third wicket.Later, two run outs increased the miseries for the West Indies as Chanderpaul was fighting lone battle and succeeded in reaching his ninth ODI hundred. By then eight players went back to pavilion.Soon they were all out for 208 in 48.5 overs as Chanderpaul remained unbeaten on 107 which he made from 149 balls with six fours.Umer Gul claimed three and Sohail Tanvir two wickets for 44 and 32 runs, respectively.Earlier, winning the toss and electing to bat first, Pakistan were all out for 232 runs in 49 overs after they began disastrously by losing both their openers for only seven runs.Experienced batsman Younus Khan and vice-captain Misbah-ul-Haq made a significant recovery as they took the score to 58 when the former got out for 34.Later, captain Shoaib Malik also departed at 87 leaving Misbah and Kamran Akmal for getting the team out of trouble.Misbah batted responsibly and top-scored with 52, followed by 45 from the hero of the first match, Kamaran Akmal.Shahid Afridi and Sohail Tanvir also made useful contributions of 28 from 24 balls and 26 off 20 balls, respectively.For the West Indies, pacers Darren Powell and Jerome Taylor claimed three wickets each.

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A gunman ambushed a Japanese reporter and an Afghan colleague Friday, wounding both men and their Pakistani driver in the latest attack on foreigners in Pakistan’s volatile northwest region in three days.

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Shivnarine Chanderpaul hit a fighting century but couldn’t stop Pakistan winning the second day-night international by 24 runs here on Friday, securing an unbeatable 2-0 lead.

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NEW YORK: President Asif Ali Zardari Friday called Senator Hillary Clinton on telephone who has emerged as a choice of President-elect Barack Obama for the US Secretary of State. The President, now in New York to attend the dialogue on interfaith harmony, said Pakistan was striving for peace in the region and its nascent democracy needed support and cooperation of the international community to confront several challenges it was facing. Hillary Clinton, a senator from New York, extended full support to President Zardari for $15 billion assistance under the Biden-Lugar bill for the next ten years as a long-term engagement with Pakistan. Hillary Clinton said the United States of America was keen to see the economic and social uplift of the people of Pakistan and the new US administration and the Congress would work together to attain that objective. The US media reported Clinton was the top contender for the slot of U.S. Secretary of state, following her meeting with President-elect Barack Obama on Thursday to discuss her role in the new administration.

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Two journalists, one from Japan and one from Afghanistan, were injured in a shooting Friday in the northwestern Pakistan city of Peshawar, police said.

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ABU DHABI: Pakistan have set the West Indies a moderate target of 233 runs in the second One-day International here on Friday.Winning the toss and electing to bat first, Pakistan were all out for 232 runs in 49 overs after they began disastrously by losing both their openers for only seven runs.Experienced batsman Younus Khan and vice-captain Misbah-ul-Haq made a significant recovery as they took the score to 58 when the former got out for 34.Later, captain Shoaib Malik also departed at 87 leaving Misbah and Kamran Akmal for getting the team out of trouble.Misbah batted responsibly and top-scored with 52, followed by 45 from the hero of the first match, Kamaran Akmal.Shahid Afridi and Sohail Tanvir also made useful contributions of 28 from 24 balls and 26 off 20 balls, respectively.For the West Indies, pacers Darren Powell and Jerome Taylor claimed three wickets each.

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Pakistan News

TEHRAN: Iran, number two oil producer in OPEC, would support a decision to cut production by the cartel at an extraordinary meeting set for Cairo later this month, the Mehr news agency reported on Friday.”OPEC members have decided to hold a meeting on November 29 in Cairo to discuss recent prices. The current market situation is worrying,” it quoted Iran’’s cartel’’s representative Mohammad Ali Khatibi as saying.”In light of dwindling oil prices and instability in the market, Iran will support an oil production cut,” he added.The Organisation of Petroleum Exporting Countries (OPEC), which produces about 40 percent of the world’’s crude oil, decided last month to cut output by 1.5 million barrels a day from November, after crude oil prices dived from record peaks above 147 dollars in July.Oil prices closed mixed on Thursday from nearly two-year lows in New York after OPEC suggested it would hold an emergency meeting to consider another production cut amid a global economic slowdown.The New York Mercantile Exchange, light sweet crude for December closed at 58.24 dollars a barrel, a gain of 2.08 dollars from Wednesday’’s close.The futures contract hit an intraday low of 54.67 dollars, the lowest level since January 2007.OPEC has already scheduled an ordinary meeting for Oran, Algeria, on December 17 to review the 1.5 million barrels cut.The cartel has made it clear it would consider another output reduction if oil continues to remain below 70 dollars a barrel.

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