Index Investing News
Saturday, June 6, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Mint Explainer: Pakistan’s plunge into crisis after attack on Imran Khan

by Index Investing News
November 8, 2022
in Opinion
Reading Time: 6 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter


On November 3, former Pakistan Prime Minister Imran Khan was shot at a political rally in the city of Wazirabad. While Khan escaped with some injuries, he has accused the incumbent Pakistani government run by political rival Shahbaz Sharif of ordering his assassination. While the administration has hotly denied Khan’s allegations, the shooting marks a dangerous deterioration in Pakistan’s politics at a time of crisis.

What exactly happened?

Ever since losing office in April 2022, Imran Khan has been a thorn in the side of the incumbent government. He has criticized the administration for its inability to deal with Pakistan’s economy crisis, rampant inflation and a devastating flood that is said to have submerged a third of the country. Khan was participating in a protest march with his supporters when a gunman opened fire on the former prime minister and his entourage. One of Khan’s supporters was killed while he was reportedly hit in the leg with three bullets. The gunman argued that he believed Imran Khan was misleading the people and chose to try and assassinate the leader.

You might also like

Not much for the govt to pick up from windfall tax

5 charts decode the method to Musk’s Twitter moves

How rising US bond yields affect economy in India

Don’t get carried away with SBI, BoB stocks

Khan left the hospital three days later and has accused key figures in the present government, including the interior minister, of sponsoring the attack on him.

How has the country and the world reacted?

Major figures in the government immediately condemned the attack. President Arif Alvi called it a “heinous assassination attempt” while Prime Minister Shehbaz Sharif was quick to denounce the attack. However, the government also rejected claims that it was behind the attack on Khan. Interior Minister Rana Sanaullah, who is one of the figures accused by Khan, stated that the government saw Khan as a “political opponent and not an enemy”.

There was also an international reaction to the attack. US Secretary of State Anthony Blinken stated that “violence has no place in politics” and called for all sides to cease “violence, harassment and intimidation”. Turkey also condemned the attack on Imran Khan.

What does this mean for the country’s politics?

Pakistan is in the throes of a political crisis. The country’s financial and debt troubles rage on while inflation ravages the economy. The recent floods caused an estimated $30 billion in damages and have created a humanitarian disaster.

However, the country’s political leadership is increasingly divided. The government has had to deal with consistent unpopularity given the country’s economic and social woes. Ever since his removal from office, Imran Khan has exacerbated the government’s problems. He has launched protest marches, has blamed his fall from power on a foreign conspiracy and has taken on the country’s powerful military establishment. Just days after being shot, Khan announced that his protest march on Islamabad will continue. Experts believe that the attack on Khan will only widen the gulf between the government and the opposition at a time of crisis.

How is the crisis likely to play out? What will it mean for the world?

It seems that another civilian leader is squaring up for a confrontation with the powerful army chief Qamar Bajwa who will finish his tenure in late November and is said to have played a part in pushing Khan out of office after he tried to force his choices for key posts in the army. While Khan came off worse in his first tussle with the all-powerful military forces, he enjoys significant popularity among the general public, which may rise after the attack on his person. He is agitating for a general election, which the incumbent government hopes to hold next year.

The present government and the army chief have worked to keep the relationship with the Western world and India on an even keel. Bajwa, in particular, has at least rhetorically pushed for a less confrontational stance towards India and recently visited Washington D.C to shore up Pakistan’s relationship with the US.

For his part, Khan has been relentlessly anti-Western. He took on the US government directly by accusing a mid-level diplomat of conspiring against him. By repeatedly calling Sharif’s administration “an imported government”, Khan has tried to convince supporters of a nexus against him.

Elsewhere in Mint

In Opinion, Kaushik Basu says popular anger reflects a basic misunderstanding of what drives inflation. David Fickling writes about bullion purchases and zombie apocalypse. Ruchi Gupta says ONDC has many questions to resolve. Long Story tells if China is exiting Zero-Covid mode soon.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.

More
Less

Topics



Source link

Tags: attackcrisisExplainerImranKhanMintPakistansplunge
ShareTweetShareShare
Previous Post

The Blackstone Conundrum (NYSE:BX) | Seeking Alpha

Next Post

Crypto Exchange Coinmetro Seeks US And Europe Expansion Amid Bearish Market

Related Posts

UK Police Officers Admit DEI Training Pressured Them To Ignore Dying White Teen Henry Nowak – FREEDOMBUNKER

UK Police Officers Admit DEI Training Pressured Them To Ignore Dying White Teen Henry Nowak – FREEDOMBUNKER

by Index Investing News
June 4, 2026
0

Authored by Steve Watson via Modernity,Officers from the force that failed Henry Nowak have now admitted they felt "controlled and...

The American divide exposes the high GDP fallacy –
Las Vegas Sun News

The American divide exposes the high GDP fallacy – Las Vegas Sun News

by Index Investing News
May 31, 2026
0

Sunday, May 31, 2026 | 2 a.m. The American economy is a wonder. The Economist observed that average wages in...

Chad Bianco can stop Gavin Newsom — by dropping out

Chad Bianco can stop Gavin Newsom — by dropping out

by Index Investing News
May 19, 2026
0

Gavin Newsom finally said the quiet part out loud. Last week, Newsom admitted he has a secret “break the glass”...

AI Voice Cloning And Deepfake Scams: Protect Your Money

AI Voice Cloning And Deepfake Scams: Protect Your Money

by Index Investing News
May 18, 2026
0

Imagine getting a phone call from your daughter. She’s crying. She says she’s been in an accident, she needs money...

New Delhi to Oslo, building a new strategic partnership

New Delhi to Oslo, building a new strategic partnership

by Index Investing News
May 15, 2026
0

We live in an unpredictable world. But unpredictability is not the same as powerlessness. Democracies that share values and trust...

Next Post
Crypto Exchange Coinmetro Seeks US And Europe Expansion Amid Bearish Market

Crypto Exchange Coinmetro Seeks US And Europe Expansion Amid Bearish Market

Turkey raises .5bn in dollar bonds as emerging market sell-off cools

Turkey raises $1.5bn in dollar bonds as emerging market sell-off cools

RECOMMENDED

The slave to our passions

The slave to our passions

April 3, 2025
Michigan linebacker and potential first-round choose David Ojabo tears Achilles

Michigan linebacker and potential first-round choose David Ojabo tears Achilles

March 20, 2022
Vice President Biden’s Greatest Blunder

Vice President Biden’s Greatest Blunder

October 24, 2022
Chinese language finance minister hints at growing the deficit at extremely antificated briefing

Chinese language finance minister hints at growing the deficit at extremely antificated briefing

October 12, 2024
Goldman Sachs says jobs mismatch drove up China’s youth unemployment

Goldman Sachs says jobs mismatch drove up China’s youth unemployment

May 23, 2023
Earnings Abstract: Highlights of Fifth Third Bancorp’s (FITB) Q3 2024 report

Earnings Abstract: Highlights of Fifth Third Bancorp’s (FITB) Q3 2024 report

October 20, 2024
Rich like Asians, homeless like Latinos

Rich like Asians, homeless like Latinos

August 2, 2023
Simply Listed | 1330 S Jeaga Drive

Simply Listed | 1330 S Jeaga Drive

May 26, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In