World News

Pakistan's top court rules prime minister can stay in power

Pakistan's top court rules prime minister can stay in power

In money laundering case, Pakistan Prime Minister on Thursday narrowly survived being disqualified after a 3-2 split decision by a Supreme Court bench which ordered to set up a Joint Investigation Team within a week to probe the allegations.

Such a move would leave Sharif's party in power, but trigger intense turmoil just when the economy is showing modest growth and security has improved as the civilian government and the powerful military have appeared to come to uneasy terms. The nation's benchmark stock index extended gains after the ruling, advancing 3.9%, the largest jump in more than two years. "Not for once have I seen my father or any member of the family anxious or concerned".

Pakistan prime minister Nawaz Sharif might have narrowly escaped the jinx attached with April, a month in which Pakistani premiers have previously been overthrown, sentenced to life and hanged.

Mr Sharif's daughter Maryam, tipped as a future political star, and his sons Hasan and Hussein are implicated in the allegations.

"We will cooperate fully with the investigation, and seek to clear whatever doubts are left", defence minister Khawaja Asif told AFP.

Sharif was first accused of corruption after three of his children were linked to offshore accounts uncovered by the 2015 Panama Papers leak. The investigative unit should submit its report within 60 days, he said. "He should resign from his position on moral grounds", said Pervaz Ahmad, an Islamabad resident.

Details of the Sharif family's offshore assets surfaced when papers from the Panama-based law firm of Mossack Fonseca were leaked previous year.

At the heart of the matter is the legitimacy of the funds used by the Sharif family to purchase several high-end London properties via offshore companies. He said that all five judges had rejected the evidences and explanation of Nawaz Sharif.

While speaking to private television channel Awami Muslim Leauge leader - and a party to the case - Sheikh Rasheed Ahmed seemed like he was riled up and said, "Just like Uzair Baloch, they are going to be presented in front of a JIT".

About 500 security personnel have been deployed in advance of the decision, with access to the Pakistan Supreme Court sealed except for those with special passes.

"It was a close call for the prime minister", he told Reuters.

"A thorough investigation is required", Justice Khosa said, announcing the decision.

Kashif Abbasi of ARY News said the ruling party has "nothing to be happy about" while Munizae Jahangir of Aaj news said "the issue won't be resolved" until the investigation was concluded.


  • FCC clears way for big TV mergers, eases broadband price limits

    The FCC on Thursday voted to restore an arcane rule that has allowed station groups to fall within media ownership limits. Democrats in Congress have raised their fears with the commission that more consolidation could harm consumers.

    Minnesota dairy farms affected by US-Canada trade dispute

    The President echoed that sentiment Thursday: "We can't let Canada or anyone else take advantage of our workers or our farmers". U.S President Donald Trump's speech railing against NAFTA on Tuesday specifically targeted Canada's dairy production system.

    The only thing new about Nike's latest Apple Watch is the band

    There's no word on the price tag, but we'd imagine it'll be around the same as Apple Watch Nike+, which starts at $369/£369. It also appears unlikely that the band will be available for separate purchase, though that remains unclear.
  • Kenya's Keitany eyes marathon world record in London

    Dean Cambridge, 24, will undertake the 26.2 mile run in support of the Mix, which is the largest digital youth charity in the UK. So what is the secret to Jones' longevity and enthusiasm? "I'm not happy with my finish positions here in London", she said.

    FDNY firefighter injured in Queens after falling from burning building, officials say

    The New York Post reported the firefighter fell out of a ladder bucket while he was trying to extinguish the flames. Firefighter Tolley is survived by his wife, Marie, and his daughter, Isabella.

    Katherine Heigl Has "Unforgettable" Experience With Director Denise Di Novi

    The 38-year-old actress plays an unhinged ex-wife who has it in for her ex's new fiancé, played by Rosario Dawson. Directed by Denise Di Novi , " Unforgettable " - backed by Warner Bros - is releasing in India on Friday.
  • Turkey: Election board rejects referendum appeals

    Turkey's main opposition party has filed a formal request seeking Sun. Meanwhile, the prime minister has warned against street protests.

    Trump slams 'failing' Democrats: 'It is now Hollywood vs

    He has also mobilized strong opposition against President Trump. "They came up short", Spicer said. As it is, he will go forward for a run-off on June 20th against Republican Karen Handel .

    Most Recent Stock Report: Verizon Communications Inc.'s (VZ)

    Quarterly total revenue decreased 7.3% year over year to $29,814 million, missing the Zacks Consensus Estimate of $30,504 million. It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment.
  • AFP looks into China's 'harassment' of Bataan fishermen in West PH Sea

    Mendoza recalled that China opposed the inclusion of Kalayaan and Scarborough Shoal but did not oppose the baselines law as a whole.

    'All options on table' with North Korea: Pence at DMZ

    The country launched a long-range rocket and conducted the two nuclear tests a year ago , including its most powerful to date. At a major military parade to mark the "Day of the Sun" Saturday, Pyongyang showed off a bevy of new missiles and launchers.

    British Parliament backs PM's call for June general election over 'Brexit'

    Critics of an early election accuse May of taking advantage of low ratings for the main opposition Labour Party. The Liberal Democrats won a ninth seat in parliament in a by-election in Richmond in December.