Asia Cup: India, Pakistan T20 cricket rivalry by the numbers | Cricket News

Most runs, most wickets and staff information as the 2 sides put together to fulfill on a cricket pitch after nearly a 12 months.

India and Pakistan will meet within the shortest format of worldwide cricket on Sunday for the primary time for the reason that latter’s beautiful 10-wicket win within the 2021 T20 World Cup within the UAE final 12 months.

Pakistan’s win final October, at Dubai stadium, was the staff’s first over India in a cricket World Cup of any kind.

When the groups tackle one another within the searing Dubai warmth for his or her Asia Cup 2022 opener, it is going to be the tenth assembly between Pakistan and India within the T20 format.

India maintain the higher hand, profitable seven of these.

India can be welcoming again former captain Virat Kohli, the run machine who has failed to succeed in a 100 in worldwide cricket since 2019.

He has featured in simply 4 of the final 24 T20 internationals for India.

Nonetheless, Kohli stays the highest run-scorer in India-Pakistan T20 internationals, with a tally of 311 from seven matches.

It’s Pakistan’s now-retired quick bowler Umer Gul who tops the listing of highest wicket-takers within the T20 matches between these two groups.

India have scored the best whole in head-to-head T20s, a 192 for 5 at residence in 2012 that helped the aspect to a slim 11-run win.

Pakistan have scored the 2 lowest scores, although: Bundled out for simply 83 in Mirpur, Bangladesh, in 2016, which eclipsed the 128 all out in Colombo 4 years previous to that.

Pakistan’s win final 12 months in Dubai was the largest by way of wickets, bettering India’s eight-wicket win in Colombo the place their rivals had been bowled out for 128.

Batting second appears to be a beneficial possibility with six wins out of 9 coming throughout a chase, most not too long ago the T20 World Cup match in Dubai final 12 months.

A person century is but to be scored. Pakistan’s Mohammad Rizwan got here the closest, scoring an unbeaten 79 within the 10-wicket hammering final 12 months.

Some Asia economies need rapid rate hikes to cool inflation: IMF | International Monetary Fund

IMF director for Asia and Pacific says speedy will increase wanted to forestall “upward spiral” in inflation.

Some Asian central banks should quickly increase rates of interest to forestall an “upward spiral” in inflation because the conflict in Ukraine drives surging gasoline and meals costs, an Worldwide Financial Fund (IMF) official has stated.

Whereas inflation in Asia stays “average” in contrast with different areas, a number of economies must act rapidly to keep away from larger hikes afterward, Krishna Srinivasan, director of the IMF’s Asia and Pacific Division, wrote in a weblog on Thursday.

“On the identical time, additional charge rises will squeeze budgets for shoppers, firms and governments that took on substantial debt in the course of the pandemic,” Srinivasan stated, noting that Asia’s share of complete world debt had elevated from 25 p.c earlier than the 2007-08 world monetary disaster to 38 p.c after the coronavirus public well being emergency.

Srinivasan didn’t specify which economies must rapidly improve rates of interest.

South Korea, Singapore, New Zealand, and the Philippines have all tightened financial coverage previously month as rising value of residing pressures push central banks to boost the price of borrowing.

Srinivasan stated whereas coverage suggestions would differ by nation, measures comparable to international trade interventions, macroprudential insurance policies, and capital-flow administration could possibly be helpful instruments for governments to handle systemic dangers.

“Nations shouldn’t wait till it’s too late – both to regulate their coverage combine the place essential or to rebuild their exterior financing buffers the place acceptable,” he stated.

The senior IMF official additionally famous that the majority rising Asian economies had skilled capital outflows, with India specifically seeing $23bn transfer out since Russia’s invasion of Ukraine.

How much is climate change to blame for heatwaves in South Asia? | Climate Crisis News

From: Inside Story

Lots of of thousands and thousands in India and Pakistan wrestle to remain cool in record-breaking temperatures.

Scientists have lengthy warned that local weather change will result in extra intense climate, equivalent to heatwaves, floods and cyclones.

Many level to record-breaking temperatures now in India and Pakistan as proof.

Though heatwaves are widespread within the area, they don’t normally begin till Could or June.

The extreme warmth has elevated demand for electrical energy, resulting in energy outages.

Each nations rely primarily on fossil fuels, particularly coal.

The UN’s Intergovernmental Panel on Climate Change says India should drastically minimize greenhouse fuel emissions to keep away from devastating climate occasions.

So what could be completed to cut back the affect of the heatwaves?

Presenter: Dareen Abughaida

Company:

Aruna Chandrasekhar – Journalist, Carbon Temporary web site on local weather and vitality coverage

Roxy Mathew Koll – Local weather scientist, Indian Institute of Tropical Meteorology

Madhura Joshi – Senior affiliate, E3G local weather change think-tank

Asia facing ‘stagflationary’ risks, IMF official warns | Coronavirus pandemic

Senior official factors to Ukraine struggle, hovering commodity costs and China’s financial slowdown as dangers to the area.

Asia faces a “stagflationary” outlook, a senior Worldwide Financial Fund (IMF) official warned on Tuesday, pointing to the Ukraine war, hovering commodity costs and China’s economic slowdown as dangers to the area.

Whereas Asia’s commerce and monetary publicity to Russia and Ukraine are restricted, the area’s economies can be affected by the disaster by larger commodity costs and slower progress in European buying and selling companions, mentioned Anne-Marie Gulde-Wolf, appearing director of the IMF’s Asia and Pacific Division.

On the similar time, inflation in Asia can be beginning to choose up simply as China’s financial slowdown is including to strain on regional progress, Gulde-Wolf additionally mentioned.

“Subsequently, the area faces a stagflationary outlook, with progress being decrease than beforehand anticipated, and inflation being larger,” she instructed an internet information convention in Washington, DC.

The headwinds to progress come at a time of restricted coverage choices, Gulde-Wolf mentioned, including that Asian policymakers will face a troublesome trade-off of responding to slowing progress and rising inflation.

“Financial tightening can be wanted in most nations, with the velocity of tightening relying on home inflation developments and exterior pressures,” she mentioned.

The US Federal Reserve’s anticipated regular rate of interest hikes additionally current a problem to Asian policymakers given the area’s big dollar-denominated debt, Gulde-Wolf mentioned.

In its newest forecast issued this month, the IMF mentioned it expects Asia’s economic system to increase 4.9 p.c this yr, down 0.5 proportion factors from its earlier projection made in January.

Inflation in Asia is now anticipated to hit 3.4 p.c in 2022, 1 proportion level larger than forecast in January, it mentioned.

An extra escalation within the struggle in Ukraine, new COVID-19 waves, a faster-than-expected Fed fee hike trajectory, and extended or extra widespread lockdowns in China are amongst dangers to Asia’s progress outlook, Gulde-Wolf mentioned.

“There’s important uncertainty round our baseline forecasts, with dangers tilted to the draw back,” she mentioned.

Trinh Nguyen, a senior economist for Asia at Natixis in Hong Kong, mentioned she agreed with the sober financial outlook.

“There are three shocks hitting Asian economies: escalated meals and vitality prices pushing headline inflation larger; decrease Chinese language demand pushing exports decrease; a extra hawkish Fed and better inflation pushing up home rates of interest, tightening monetary situations. These three shocks push up inflation and subdue progress prospects,” Nguyen instructed Al Jazeera.

“That means, with larger inflation and a hawkish Fed, central banks have much less room to help progress even when exports weaken, they usually really should tighten to battle inflation on the expense of progress. Those who select progress and hold charges regular will face larger inflation and a weaker overseas change like Thailand and Japan.”

Could Asia save Putin from an EU energy ban? It’s not so simple | Business and Economy

Bengaluru, India – Leaning ahead, arms resting on his desk, Russian President Vladimir Putin delivered a crisp message to leaders of the nation’s power sector earlier this month: they wanted to plan for a decline in Western imports by shifting their focus from Europe to Asia.

From the Kremlin’s perspective, that directive is smart. The USA, United Kingdom and Australia have already banned the import of Russian power. And the European Union is beneath mounting strain from the US and members like Poland and Lithuania to institute an embargo on Russian oil and gasoline in response to Moscow’s persevering with warfare in Ukraine.

However a cocktail of infrastructure limitations, political strain and poor financial demand may forestall Asian markets from absorbing power provides that may in any other case be headed to Europe if Brussels certainly bans all Russian hydrocarbons, in response to analysts. Developed European nations account for nearly two-thirds of Russia’s gasoline exports and half of its oil gross sales.

Most Russian pipelines are geographically constructed to cater to European markets and can’t provide Asia. Two of Russia’s largest Asian prospects — Japan and South Korea — are Western allies who will doubtless face intense strain from the US to keep away from any enhance in power imports. China, the most important importer of Russian oil, is witnessing an financial slowdown due to COVID-19 lockdowns that may solely scale back its starvation for power.

“If the EU does go forward with an entire ban, I don’t see how Asian markets will be capable of make up for that demand,” Hari Seshasayee, a worldwide fellow on the Wilson Middle, instructed Al Jazeera. “Russia would possibly want to scale back its oil manufacturing by 30 p.c by the top of 2022.”

For the second, the EU doesn’t have a “unified place” on any embargo in opposition to Russian power, German newspaper Die Welt reported on Monday, quoting the bloc’s high diplomat, Josep Borell. Germany and Hungary are among the many nations anxious a few steep rise in power prices in the event that they cease shopping for Russian oil and gasoline.

In the meantime, the EU is making an attempt to plot a fee mechanism that may permit international locations to each adhere to monetary sector sanctions in opposition to Moscow and to the Kremlin’s diktat that European nations purchase their power in roubles.

INTERACTIVE- Which countries rely most on Russian oil AJLABS
(Al Jazeera)

However within the oil market, analysts suppose it’s “a matter of time earlier than Europe embargoes Russian crude and merchandise,” Lydia Powell, a senior fellow on the New Delhi-headquartered Observer Analysis Basis, instructed Al Jazeera. That might reduce 4 million barrels per day from the worldwide crude market, Powell mentioned.

Conscious of those dangers, Moscow has been making an attempt to scale back its dependence on Western patrons for some years now. In 2012, Putin inaugurated the Japanese Siberia-Pacific Ocean oil pipeline, geared toward delivering crude to China and Japan. The Energy of Siberia pipeline, launched in 2019, can provide as much as 38 billion cubic metres of Russian gasoline to China. In February, throughout Putin’s go to to Beijing weeks earlier than the beginning of the warfare, China and Russia introduced plans for one more gasoline pipeline.

However these initiatives solely underscore the complexities concerned in beginning — or rising —oil and gasoline commerce between nations, analysts mentioned.

“Transportation infrastructure performs an necessary position, and it isn’t developed to the identical extent with Asian markets as it’s with Europe,” Filip Medunic, a sanctions skilled on the European Council on Overseas Relations, instructed Al Jazeera.

These limitations aren’t stopping Moscow from providing oil at subsidised costs, and India, the world’s third-largest oil guzzler, seems to be biting: It elevated its Russian oil imports in March. Russian and Indian officers additionally met final week to attempt to overcome an deadlock over the delivery of coking coal to Indian steelmakers, which has declined since March over fee and logistics problems, Reuters reported on Monday, citing a commerce supply and Indian authorities supply.

“If Russia provides reductions and beneficial credit score phrases, refiners will certainly discover it enticing,” Powell mentioned of Russian oil exports.

Share of Natural Gas Imports Coming From Russia, 2020

Even so, crude from Russia constituted just one.4 p.c of India’s oil imports in 2020, that means {that a} spike is not going to assist Putin a lot. Furthermore, completely different international locations produce crude of various densities, and it’ll not be simple for India’s older public sector refineries to change from the Center Japanese, American and Latin American oil they presently work with, Powell mentioned. Some non-public refineries may additionally be hesitant to alienate Western prospects through the use of Russian crude, she added.

At a time when India is strengthening ties with the US and the EU, a rise in power purchases from Russia may harm these relationships, Niklas Swanström, director of the Stockholm-based Institute for Safety and Improvement Coverage, instructed Al Jazeera.

South Korea and Japan, amongst Russia’s high 10 oil purchasers, would face even harsher censure from the US — their principal safety supplier — in the event that they have been to try to take in extra crude, specialists mentioned.

Seoul has a brand new pro-American chief in President-elect Yoon Suk-yeol, making it even much less doubtless that it could danger taking over Washington, Troy Stangarone, senior director on the Korea Financial Institute of America, instructed Al Jazeera.

Then there’s China. The world’s largest oil importer bought a 3rd of all Russian oil in 2020. However the nation has its personal limitations, in response to Wang Huiyao, president and founding father of the Beijing-based Middle for China & Globalization.

China’s dependence on crude imports means Beijing wants to take care of good relations with all of its main suppliers, Wang mentioned, and wouldn’t need to jeopardise these by lowering purchases from some nations to accommodate further Russian oil. An indefinite lockdown in Shanghai and mounting COVID-19 instances in Beijing are additionally placing the brakes on the nation’s financial restoration. “There’s no demand in China for much more oil,” Wang instructed Al Jazeera.

Russian President Vladimir Putin and India''s Prime Minister Narendra Modi shake hands.
India elevated Russian oil imports in March [Adnan Abidi/Reuters]

Even when the EU imposes a strict embargo, Russia’s power sector is unlikely to break down solely. Belarus is Russia’s ninth-largest oil purchaser. Like China, it’s a strategic associate and unlikely to hitch any measures in opposition to Moscow.

China, Japan, India and Vietnam even have investments in Russia’s fossil fuels sector and haven’t signalled any plans to drag out. Oil and gasoline fields have life spans of as much as three many years, so corporations can afford to attend out crises — Chevron, for example, retains its investments in Venezuela regardless of US sanctions in opposition to Caracas.

This, in flip, will incentivize international locations and their corporations with stakes in Russian fields to maintain oil and gasoline flowing from them, mentioned Seshasayee, the Wilson Middle fellow.

Nonetheless, the financial damage can be deep if Russia loses the market chargeable for most of its oil and gasoline exports, which contribute 45 p.c of the nationwide price range, mentioned specialists. Taking such a daring step is not going to be simple for Brussels, however it might simply be a matter of time earlier than one aspect decides to fully pull the plug on their soured relationship.

“Europe and Russia will each attempt to change into impartial of the opposite first,” mentioned Medunic, the European Council on Overseas Relations analyst.