Thursday, 10 April 2014

Formula One: We have a strong case: Horner

Red Bull driver Daniel Ricciardo’s disqualification case might go in favour of the team as they present a strong claim of ‘erroneous sensors’. PHOTO: AFP
Red Bull boss Christian Horner believes his team’s appeal against Daniel Ricciardo’s disqualification at the Australian Grand Prix has strengthened over the last two race weekends, according to ESPNF1.
The FIA International Court of Appeal will hear the case on Monday, with Red Bull targeting to have Ricciardo’s second-place finish reinstated.
The disqualification of Ricciardo came as a result of exceeding the maximum fuel flow rate according to the FIA’s sensor, but Red Bull claims the sensor was providing erroneous readings.
Horner believes inaccurate sensors have served well to strengthen his team’s case, although no other team has fallen foul of the same regulation this year.
“Those points are vital like every point is vital,” said Horner.
“I think we’ve got a very strong case. As more races have progressed, issue have become more evident and issues and understanding has come to light. Hopefully we can present our case fairly and get the second place back that Daniel deserves from Melbourne.”
Meanwhile, Horner was hopeful that Red Bull will catch-up on Mercedes despite the clear gap between the two cars at the first three races.
“We’re just going to keep working on it, no one is giving up. We know where we need to improve and we are just going to keep pushing.”

Will Syed Noor reclaim his stature this year?

Noor, who has four movies in the pipeline, says his focus for now is Urdu films. PHOTOS: FILE
LAHORE: 
For a considerably long time, director Syed Noor struck a blow for Pakistani cinema. With a series of films, such as Choorian (1998), Nikki Jai Haan (1999) andMajajan (2006), he consistently made an effort to fill the void in the industry.
However, with the new wave of film-makers having lent impetus to the movie industry like never before, the pressure is on the veteran director to deliver something equally good, if not better.
After facing delays, the only film of Noor’s that was released in 2012 and did considerably better than others was Sharika. The film is a family drama concerning the socio-cultural issue of watta satta (give-take) marriages.
Sharika is a traditional film, which did normal business. A person should take pride in his work,” says Noor.
He says that he made multiple films at a time when there wasn’t much support for film-makers. Through the platform of Pakistan Film Producers Association, he has been vocal about the question of Indian films taking precedence over Pakistani ones.
In terms of films, this year is going to be an important one for Noor. He has around four films in the pipeline and all eyes are set on him to see if he manages to reclaim his status in the industry.
Otherwise popular among the general public, he says his upcoming film will cater to a different audience. “People my age have stopped going to the cinema. A select, new generation audience has been created; their perception is different. Remember, this is not a big audience. It’s just a few thousand people we are talking about,” says Noor.
His much-delayed film on honour killing, Price of Honour is ready for release in May and then, he will be going to Karachi to shoot action film Bhai Wanted, which is based on target killings and ‘missing’ persons. In the fall, he is scheduled to shoot a love story in Canada titledFirst Love, followed by another film that he will be shooting locally by the end of the year.
His emphasis as a film-maker and scriptwriter has always been on the content of the story and ensuring it had depth in the way it connects with the audience.
“Presently, I am not making any Punjabi films; I will be focusing on Urdu films. I have always felt that films should highlight [pertinent] issues, but if you do just that, they become dry,” he shares.
Price of Honour, he says, is going through the post-production phase in India and its cast comprises first-time actors. He feels that the time is right for a film with such a bold topic to be released. The film was shot in Rahim Yar Khan over a span of two months.
“The film has all new actors. I selected fresh faces because of the type of characters in the film. They had to look real, not scripted. This is difficult because a mature actor doesn’t [require the same effort as] a new one,” he says.
Noor spent several months researching on the topic of honour killing with his friend Abdul Imkan. “I researched where honour killings occur more frequently and why they do. I also looked at the Mukhtaran Mai case. We made a story by looking at these facets of the issue,” he shares. “There were some tensions, but I have always wanted to do work on things that have not been done before.”
The film Bhai Wanted would have been shot a couple of months ago, but was delayed due to the troubling situation in the city.
“[Film-making] is mainly about drawing inspiration. You can be inspired by a character or sometimes, a true story,” says Noor.

Great word of advice: Wasim Akram suggests boot camp for Pakistan team

"For me the only worry is the 2015 World Cup will be totally different as grounds in Australia and New Zealand require great expertise and good preparation," Wasim said. PHOTO: ONLINE
KARACHI: Pakistani cricket  legend Wasim Akram on Thursday said that players heading for the 2015 World Cup in Australia and New Zealand should sweat it out at a boot camp to boost their chances of victory.
Pakistan are in Group B of the World Cup alongside arch-rivals India, South Africa, the West Indies, Ireland, United Arab Emirates and Zimbabwe.
They open their campaign against India at Adelaide on February 15.
To prepare for the challenges ahead, Wasim suggested a boot camp.
“Since Pakistan have no cricket until October (against Australia in the United Arab Emirates) they must hold a boot camp on hilly areas just like Australia do when they go into an Ashes series,” Wasim told AFP.
The former skipper said that the country’s cricket administrators need to concentrate on improving fielding and fitness.
“For me the only worry is the 2015 World Cup will be totally different as grounds in Australia and New Zealand require great expertise and good preparation,” Wasim told AFP.
Declared player of the tournament for his 18 wickets in Pakistan’s World Cup triumph in Australia and New Zealand in 1992, Wasim said it would be best to go to Australia early.
“I remember we went to Australia three weeks before the event and it helped us a lot,” said Wasim.
“The grounds in Australia need adapting to because if you are not used to them you tend to injure yourself.”
Wasim said that the Pakistani team also needs to improve their fielding.
“When I am away I always ask experts to help Pakistan and recently I talked to Jonty Rhodes who is ready to help Pakistani players in fielding for a short period,” said Wasim of the South African, regarded as one of the best fielders of his time.
Wasim also added that Pakistan should forget the panic over their World Twenty20 flop in Bangladesh recently.
“Australia and England also lost in the Super-10 stages but there was no panic like here in Pakistan. We took it to our hearts and the captain had to step down,” said Wasim, referring to Pakistan’s Twenty20 captain Mohammad Hafeez’s resignation.

Corps commanders meeting: Army brass seeks to ease friction with govt

General Raheel Sharif. PHOTO: REUTERS
ISLAMABAD: 
Top military commanders on Wednesday sought to ease apparent friction with the civilian government after reportedly being assured by Prime Minister Nawaz Sharif that the members of his cabinet will refrain from making ‘unnecessary’ statements on former president Pervez Musharraf’s treason trial.
Insiders told The Express Tribune that the government quietly informed the military leadership ahead of the corps commanders’ meeting that it had no plan to discredit the army as an institution under the pretext of Musharraf’s trial.
The commanders, who met in Rawalpindi, expressed concerns over ‘dragging’ their institution into such controversial matters and endorsed Gen Raheel’s stance. They agreed, however, not to issue any public statement on the matter.
When approached, a senior security official insisted the army chief had said ‘what he wanted to say.’
The official, while requesting anonymity, said the army had no interest in derailing the democratic process.  However, he cautioned that politicians should not ‘cross limits’ in their criticism.
A senior PML-N leader confirmed that cabinet members had been asked to refrain from making ‘unnecessary statements’ on Musharraf’s trial.
A statement issued by the Inter-Services Public Relations (ISPR) did not say whether the issue was discussed during the corps commanders’ meeting. Instead, it said, “The issue of drawdown of ISAF from Afghanistan with its concomitant implications on the security situation along the bordering region was also discussed,” it added.

US participation in Dasu, Diamer-Basha projects important: Dar

Finance minister Ishaq Dar (R) shakes hands with the US Under Secretary of State for Economic Growth, Energy, and the Environment, Catherine Ann Novelli ahead of the working group meeting. PHOTO: PAKISTAN EMBASSY in DC.
WASHINGTON: Pakistan on Wednesday underscored the importance of US participation in various energy related projects especially Dasu and Diamer-Basha hydel projects during the working group meeting on economy and finance in Washington.
According to a statement on the meeting, both sides reaffirmed their commitment to expanding bilateral trade ties and business links.
Pakistan side was represented by a delegation led by Finance Minister Ishaq Dar while the US side was represented by Under Secretary of State for Economic Growth, Energy, and the Environment, Catherine Ann Novelli. Senior officials from the concerned Ministries and departments from both sides were part of their respective delegations.
The discussions, part of the US-Pakistan strategic dialogue, focused on how the two sides could best work together to deepen economic cooperation with a view to realising the vision outlined by Prime Minister Nawaz Sharif and President Barack Obama in their joint statement of October 23, 2013.
Dar updated the US side on the current state of Pakistan’s economy and its ongoing economic reforms.
The US side noted the structural reforms undertaken by Pakistan to implement an agenda for economic growth, reduce the fiscal deficit, stabilise the currency and improve the investment environment. Pakistan’s entry into the international bond market was also welcomed.
Both sides reaffirmed their commitment to expanding bilateral trade and business links and welcomed the upcoming United States-Pakistan Trade and Investment Framework Agreement (TIFA) Council meeting in May 2014 in Washington, DC.
The US side further reiterated its commitment to supporting private sector-led growth in Pakistan and welcomed the proposal to regularly convene a Joint Business and Investment Forum, involving the private sector.
Dar said the government had taken steps to improve regional connectivity, especially in trade and energy sectors, including the Central Asia-South Asia electricity transmission project (CASA-1000), Turkmenistan, Afghanistan, Pakistan, India (TAPI) pipeline project and Non-discriminatory Market Access (NDMA) to India.
The minister underscored the importance of US participation in various energy related projects such as Dasu and Diamer Basha hydral projects.
Reaffirming shared interests in further promoting educational and research opportunities for Pakistani students, scholars, and researchers in US institutions, the two sides agreed to consider establishing a working group or sub-group on science, technology and education under the framework of strategic dialogue process.

Heavy injection due in insurance industry’

A giant private equity fund from Switzerland is going to either acquire or invest heavily in at least three insurance companies operating in Pakistan during the next three to eight months. DESIGN: CREATIVE COMMON
KARACHI: Pakistan’s insurance industry may be tiny, but something dramatic is about to take place that will perhaps change the industry’s landscape forever.
A giant private equity fund from Switzerland is going to either acquire or invest heavily in at least three insurance companies operating in Pakistan during the next three to eight months.
Speaking to a select group of journalists on Wednesday, Securities and Exchange Commission of Pakistan (SECP) Insurance Commissioner Asif Arif said the insurance industry is going to receive capital inflows amounting to “billions of rupees” in coming months.
Refusing to share the name of the private equity fund, he said it is eyeing the largely untapped insurance markets in Pakistan and six other countries.
“Our economy is huge, but the total insurance penetration is only 0.9% of the gross domestic product (GDP). It’s a massively unexplored market. However, use of technology is opening new avenues in the insurance industry, paving the way for rapid growth in penetration levels in coming years,” he said.
Talking about micro-insurance, livestock insurance and crop insurance, he said these new segments of insurance are going to be within the reach of ordinary people because of new, innovative approaches being adopted by insurers.
For instance, Arif said life insurance products worth Rs20 billion are being sold through banking channels now, which is roughly one-fifth of total insurance premiums. “Agency (sales) network is not enough anymore if a company wants to survive in today’s competitive environment,” he said, emphasising that alternative distribution channels are necessary to increase insurance penetration in the country.
In this regard, he cited the example of a telecom company that recently offered micro-insurance coverage on the basis of a minimum mobile phone balance of Rs200. “Over 840,000 subscribers took that policy in just four months,” he said.
Regulators’ conference
The SECP is going to host the second South Asian Association for Regional Cooperation (Saarc) Insurance Regulators’ Meet and International Conference on April 14-16 in Karachi, Arif said.
About 500 delegates from international insurance regulators, insurers, reinsurers, brokers, donors and bankers from Saarc as well as other countries are expected to attend the conference, he said.
Guests include World Bank’s actuary and team leader insurance, Craig Thorburn. “Other than the nine Saarc countries, delegates from Germany, United Kingdom, Bahrain, United Arab Emirates and Kenya are also coming. Seventeen Indian delegates will also take part in the conference,” he noted.

Manchester United open Kroos talks in Munich

Manchester United open Kroos talks in Munich
Old Trafford chief executive Ed Woodward plans to talk to Bayern Munich about a deal for the midfielder during the Champions League quarter-final clash on Wednesday
By Paul Clennam

Manchester United will test the water over a €48.5 million summer move for Toni Kroos when they face Bayern Munich at the Allianz Arena on Wednesday.

United executive vice-chairman Ed Woodward will be in Munich for the Champions League quarter-final clash and plans to discuss a potential deal for the Bayern midfielder with the German club.

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Bayern chief executive Karl-Heinz Rummenigge insists Kroos will not be sold this summer but the 24-year-old is David Moyes’ top target to strengthen his midfield at the end of the season.

United are willing to more than double Kroos' wages to around €242,000-a-week and the Germany international has stalled over a new deal at Bayern, with his contract set to expire in 2015.

United believe an offer worth around €48.5m will be too much for Bayern to turn down given the player could leave on a free transfer at the end of his contract.

They are yet to open dialogue with Bayern directly over a potential deal but that is expected to change on Wednesday night when they test the waters with the German giants for the first time.

Moyes has personally led United's attempts to sign Kroos in recent month, with United going on a charm offensive with the playmaker and his representatives to convince him to move to Old Trafford.

United are wary that Kroos could be using them as a bargaining tool to generate a better contract offer from Bayern, who want to keep him at the club.

Rummenigge insisted this week that Kroos will not be sold under any circumstances this summer, telling reporters: "I can promise you that Toni will play for Bayern next season."

United, however, believe Kroos holds a genuine interest in moving to the Premier League giants, despite a disappointing first season for Moyes which sees the club seventh in the table and all but certain to miss out on a place in next season’s Champions League.

Kroos, a certainty for Germany’s World Cup squad, has made 43 appearances for Bayern in all competitions under Pep Guardiola this season, scoring three goals and providing nine assists.