Ball shining, celebrations to change post virus, says Tendulkar

MUMBAI: From shining the ball to celebrating a dismissal — certain things may never be the same again when cricket restarts after the novel coronavirus pandemic, Indian batting great Sachin Tendulkar said on Thursday. Cricketers use the age-old method of shining one side of the cricket ball with a combination of saliva and sweat, ostensibly […]

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Ramiz wants cricket to resume behind closed doors

ISLAMABAD: Former captain Ramiz Raja believes that it will be difficult for cricket boards to survive for long without resuming the sport and proposed the Pakistan Cricket Board (PCB) to hold talks with other boards to find a way to stage matches behind closed doors. Covid-19 has halted the cricket activities and holding of T20 […]

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Impossible to delay Olympics again, says Tokyo chief

TOKYO: The Tokyo 2020 Olympics cannot be delayed beyond the year-long postponement already forced by the coronavirus outbreak, the organising committee’s president has warned in comments published on Thursday. Tokyo 2020 president Yoshiro Mori said there is “absolutely no” chance of postponing the Games beyond their rescheduled July 23, 2021 opening, according to Kyodo News […]

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ICC still planning for T20 World Cup in October

DUBAI: Planning for this year’s men’s Twenty20 World Cup and next year’s women’s 50-over World Cup is going ahead even though cricket remains suspended due to the Covid-19 pandemic, the International Cricket Council (ICC) said on Thursday. The ICC hosted a Chief Executives’ Committee (CEC) meeting with the CEOs of the 12 full members and […]

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Pakistan first to get G4 rank in South Asia

ISLAMABAD: Pakistan has been ranked as a 4th Generation Regulator (G4) by the International Tele­communication Union (ITU), becoming the only country in South Asia to have achieved the status. Out of the 38 economies in Asia-Pacific, only eight per cent states have managed to achieve G4 status. In the ITU report titled “Global ICT Regulatory […]

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EU haggles over virus rescue deal as US jobless claims soar

BRUSSELS: The world grappled with the economic pain of the coronavirus pandemic on Thursday as bitterly divided EU leaders tried to hammer out a rescue package and US jobless claims soared to a staggering 26 million. European Central Bank boss Christine Lagarde warned her colleagues against “doing too little, too late” but Europe remains deeply […]

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Developing country debt authority proposed

ISLAMABAD: The United Nations Conference on Trade and Development on Thursday proposed the creation of an international developing country debt authority mandated to oversee the implementation of comprehensive temporary standstills as well as case-by-case longer-term debt sustainability assessments and consequent sovereign debt relief and restricting agreements. This could follow the path of setting up an […]

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Current account deficit shrinks 73pc in 9 months

KARACHI: Current account deficit during the first three quarters of current fiscal year shrank by 73 per cent to $2.768 billion compared to $10.284bn in the same period last fiscal year, data released by the State Bank of Pakistan (SBP) showed on Thursday. The current account deficit in the current and last fiscal years has […]

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Lenders’ help lowers Pakistan’s financing risks: Moody’s

ISLAMABAD: The financial support from the International Monetary Fund (IMF) and other multilaterals has lowered Pakistan’s financing risks from the coronavirus-related economic shock even though its fiscal deficit may touch double digits. “The substantial financial support from official-sector creditors reduces Pakistan’s financing risks,” said the Moody’s investors service on Thursday, adding that the fiscal stimulus […]

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