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Sharif's Party to Pick Pakistan PM as Bhutto Supports Alliance

(Bloomberg) Pakistan is a step closer to getting a new government after a potential prime ministerial candidate pledged support for his main rival.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillTrump Asks Supreme Court to Keep DC Election Trial on HoldPutin Seeks Revenge on a World Order He Once Wanted to JoinWall Street Roiled by ‘Still Sticky’ CPI Signals: Markets WrapBilawal Bhutto Zardari on Tuesday dropped out of the race for the top job and said his pa ....

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What's next in Pakistan election deadlock

Former prime ministers and bitter rivals Nawaz Sharif and Imran Khan both declared victory, adding to the uncertainty as the country faces numerous challenges that need to be addressed quickly, including negotiating a new International Monetary Fund programme to keep a struggling $350 billion economy afloat. Next, a prime ministerial candidate has to show a simple majority of 169 seats in the National Assembly when the house is called in coming days. There are also 70 reserved seats - 60 for women and 10 for non-Muslims - allotted according to the strength of each party in the house to determine the final position of parties in the Assembly. ....

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