Archive for November 2018

SBP increases interest rate by 150bps to 10 percent

F.P. Report KARACHI: The State Bank of Pakistan (SBP) on Friday announced monetary policy for the next two months increasing the interest rate by 150 bps to 10 percent effective from December 3, according to a press statement it issued. “The economic data released since the last Monetary Policy Committee meeting in September 2018 shows…

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COAS visits Sialkot Corps formation, appreciates operational proficiency

F.P. Report SIALKOT: Chief of Army Staff (COAS) General Qamar Javed Bajwa said that Pakistan cannot afford to ignore its preparations and readiness for conventional response despite engagement in the ongoing Operation Radd ul Fasaad, said an Inter-Services Public Relations statement. The army chief visited formation of Sialkot Corps during its winter collective training exercise,…

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Karzai saddened over Umar Daraz Marwat’s death

AT-KABUL (Afghanistan Times): Former President Hamid Karzai offered his “deep” sorrows over the death of a prominent Pashto poet and literarian, Umar Daraz Marwat. “I honor his decades of spirited contribution to publication and literary works. May Allah grant him Jannat-ul-Ferdous (paradise),” the former president said.

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Poor living conditions plague Ghazni, Uruzgan IDPs

GHAZNI (TOLONews): Dozens of families who have been displaced due to recent conflicts in Jaghori and Malistan districts in Ghazni province and Khas Uruzgan district in Uruzgan province are complaining about lack of necessary living facilities. The families who are living in the west of Kabul said they are faced with numerous problems. From among…

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Afghans deserve peace after 4 decades of war: Khalilzad

KABUL (Monitoring Desk): The US Special Representative for Afghanistan Reconciliation Zalmay Khalilzad expressed that the “Afghan people deserve peace”. “We are in hurry to end the Afghan tragedy,” Khalilzad said in an interview with US’s PBS news agency. Khalilzad commented that it would be good if there is some kind of agreement with the Taliban…

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Salang pass closed against heavy traffic following snow

CHARIKAR (Pajhwok): The strategic Salang pass north of Kabul has been closed against heavy traffic following continued snowing, an official said on Friday. Heavy snow and storm lashed the Salang pass in central Parwan province for two days, prompting authorities to close the highway on Wednesday for heavy traffic to avoid mishaps, the Salang district…

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Shinwar residents shape grand council to help bring security

KABUL (TOLONews): Tribal elders, influential figures and the youth of Shinwar area in Nangarhar province are to form a grand council to provide the security of the Shinwar’s six districts. In a gathering held Friday, tribal elders said they would no longer remain silent against insecurity and that the council would help security in the…

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Trump claims win as US, Mexico, Canada sign new trade deal

BUENOS AIRES (AFP): The leaders of the United States, Mexico and Canada on Friday signed a huge regional trade deal to replace the old NAFTA, denounced by President Donald Trump as a killer of US jobs. “This is a model agreement that changes the trade landscape forever,” Trump said at the signing ceremony in Buenos…

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Indian pellet guns in Kashmir kill, blind and enrage

SRINAGAR (AFP): Doctors are fighting to save the right eye of Hiba Jan, the 20-month-old who has become an emblem of India s devastating and highly contentious use of pellet-firing shotguns in Kashmir, where a separatist conflict has raged since 1947. India began deploying the pump-action guns, which spew 600 metal shards at high velocity…

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Ukraine bars Russian men from entry as tensions flare

MOSCOW (AFP): Ukraine on Friday barred Russian men aged 16-60 from entry as tensions mounted between the two countries over Moscow’s seizure of three Ukrainian ships last week. The move came after Kiev imposed martial law in border regions this week in response to the Russian seizure of the ships and 24 sailors off Moscow-annexed…

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