Top Stories
NCC decides two-day complete lockdown in a week
F.P. Report ISLAMABAD: The Pakistan government on Monday has allowed people to do business five days a week during the coronavirus pandemic. The decision was made at a meeting of the National Coordination Committee (NCC), which was presided over by Prime Minister Imran Khan. Shops and businesses could function with SOPs from 9am to 7pm,…
SC turns down plea to suspend SHC verdict in Daniel Pearl murder case
F.P. Report ISLAMABAD: The Supreme Court on Monday turned down a request to suspend the operation of the Sindh High Court (SHC) verdict in the American journalist Daniel Pearl murder case. A three-judge bench of the apex court was hearing appeals filed by the Sindh government and the parents of the killed journalist Daniel Pearl…
At least three more die of Covid-19 in Indian Occupied Kashmir
SRINAGAR (AA): At least three more people died due to the novel coronavirus in Indian Occupied Jammu and Kashmir (IOJ&K) region, officials said on Monday, taking the total number of fatalities to 31. The deceased include a 45-year-old man from IOJ&K’s Shopain district, 70-year-old man from Pulwama district and a 72-year-old man from Doda district…
China warns US it will retaliate on moves over Hong Kong
BEIJING (Reuters): China said on Monday US attempts to harm Chinese interests will be met with firm countermeasures, criticising a US decision to begin ending special treatment for Hong Kong as well as actions against Chinese students and companies. China’s parliament last week voted to move forward with imposing national security legislation on Hong Kong,…
CM Punjab warned 670,000 may be infected with COVID-19 in Lahore alone
F.P. Report LAHORE: A summary forwarded to Punjab Chief Minister Usman Buzdar last month said that an estimated 670,000 could be affected by the coronavirus in Lahore alone. Captain (retd) Muhammad Usman, Secretary, Primary & Secondary Healthcare Department, said that the summary was forwarded to CM Buzdar on May 15. It contained results of samples…
Indian, Chinese armies move heavy weaponry to their bases near eastern Ladakh: report
Monitoring Desk NEW DELHI: As tensions between India and China mount owing to a border dispute in the eastern Ladakh region, armies of both countries have moved heavy weaponry and equipment to their base camps near the disputed territory. According to an Indian media report published on Sunday, Indian military sources say China has been…
Global
Schools partially reopen in UK as virus death toll piles political pressure on PM Johnson
LONDON (AFP): Schools partially reopened in England on Monday and the most vulnerable were allowed to venture outdoors, despite warnings that the world’s second worst-hit country was moving too quickly out of its coronavirus lockdown. A death toll that now officially stands at 38,489 has piled political pressure on Prime Minister Boris Johnson — still…
Read More
George Floyd protests continue in US for sixth day
WASHINGTON (AA): Despite curfews in major US cities, demonstrators took to the streets for a sixth day of protests Sunday over the murder of George Floyd, an unarmed black man who died after being pinned down by a white police officer in Minneapolis, Minnesota. Floyd, 46, died after officer Derek Chauvin knelt on his neck…
Read More
Gaza mosques to reopen for prayers after closure
GAZA CITY, Palestine (AA): Mosques in the Gaza Strip will reopen to worshippers as of Wednesday after more than two months of closure due to the spread of coronavirus, the Ministry of Religious Affairs said on Monday. “All mosques will reopen for prayers,” ministry undersecretary Abdel-Hadi al-Agha told a press conference in Gaza City. He…
Read More
125 civilians killed in Syria in May: Watchdog
SYRIA (AA): A total of 125 civilians, including 26 children and six women, were killed in Syria this May, mostly as a result of bombings, a rights group said on Monday. Of these fatalities, the Syrian regime forces killed 10 civilians, including two women, while Russian forces killed one civilian, according to a report released…
Read More
US: Nearly 4,000 arrested during George Floyd protests
WASHINGTON (AA): Some 4,000 people were arrested across the US, as protests continue over the death of George Floyd, an unarmed black man who died after being pinned down by a former white police officer, according to CNN’s tally. Floyd, 46, died after officer Derek Chauvin knelt on his neck for nearly nine minutes. His…
Read More
Iran records 81 new virus deaths, 2,979 more cases
TEHRAN (AA): Iran on Monday confirmed 81 more fatalities from the novel coronavirus over the past 24 hours, bringing the nationwide death toll to 7,878. A further 2,979 people have tested positive for COVID-19, raising the overall count to 154,445, Health Ministry spokesman Kianoush Jahanpour said. Jahanpour said 121,988 patients have recovered and been discharged…
Read MorePakistan
WB to provide $188mn to Pakistan for disaster resilience, ecosystem
F.P. Report ISLAMABAD: Pakistan and World Bank on Monday signed an agreement of $188 million for disaster resilience and restoration of ecosystem. Addressing the agreement-signing ceremony of the five-year $188 million ‘Pakistan Hydromet and Ecosystem Restoration Services project’, Advisor to Prime Minister on Climate Change Malik Amin said that present government is taking all-out measures…
Prove Zardari owns 18 sugar mills in Sindh with evidence, Murtaza to PTI
F.P. Report KARACHI: Sindh government spokesperson Murtaza Wahab on Monday rejected Pakistan Tehreek-e-Insaf (PTI) leaders’ claim that former president Asif Ali Zardari owns 18 sugar mills in the province. Speaking at a press conference, he said the PPP co-chairman, being a public-office holder, declared all his assets. “Asif Ali Zardari doesn’t own 18 sugar mills…
Sindh Public Service Commission biased, claims MQMP’s Khawaja Izhar
F.P. Report KARACHI: Muttahida Qaumi Movement Pakistan (MQMP) stalwart Khawaja Izhar Ul Hassan on Monday dubbed the department of Sindh Public Service Commission as an enemy of the citizens. Izhar said that the former Inspector General (IG) Sindh had allowed new recruitment’s in the department, why has the progress on those orders been stopped, he…
KP govt restores special flights to facilitate overseas Pakistanis: CM
F.P. Report PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced to restore special flights in order to facilitate stranded Pakistanis in Gulf states. KP Chief Minister Mahmood Khan in a message to overseas Pakistanis admitted that the nationals were facing severe difficulties in foreign countries due to the suspension of flight operations following COVID-19 pandemic.…
‘Spray and Survey’ strategy deployed against locust swarms: MNFSR
F.P. Report ISLAMABAD: Ministry of National Food Security & Research (MNFSR) on Monday said that strategy of ‘spray and survey’ is underway to control the locust infestation plaguing the country. The ministry said that almost 20,4000 acres of land has been surveyed thus far while 49,6700 acres of land will see a control operation against…
SC hears Centaurus Mall case, rebukes Islamabad mayor
F.P. Report ISLAMABAD: The mayor of Islamabad was severely reprimanded during the hearing of the Centaurus Mall case in the Supreme Court. The court remarked that, the Mayor is spoiling his position in front of the Court. He doesn’t look like a serious man, so far he has gotten Rs 18 billion but still Islamabad’s…
Afghanistan
COVID-19 cases over 15,000 in Afghanistan
KABUL (TOLO News): On Sunday, the Ministry of Public Health reported 680 new positive cases of COVID-19 out of 1,112 samples tested in the last 24 hours. The ministry also reported eight COVID-19 deaths and 25 recovered patients in the last 24 hours. Kabul leads with 371 new positive cases of COVID-19 out of 624…
Read More
8 Family members killed in Herat traffic accident
HERAT (TOLO News): At least eight members of a family were killed in a traffic accident on Saturday night in Herat province, local officials said Sunday. Jelani Farhad, Herat governor’s spokesman, said that the incident occurred on the Herat-Kandahar highway in Adraksan district of Herat province. According to Jelani, those killed were three children, three…
Read More
3 Civilians killed in shelling in Parwan
PARWAN (TOLO News): At least three members of a family were killed Saturday afternoon when a mortar shell landed on a their house in Parwan province, local officials said Sunday. Wahida Shahkar, the Parwan governor’s spokeswoman, said the mortar was fired “by the Taliban” to target security forces at a checkpoint in the Joye Dukhtar…
Read More
US-Taliban: Agreement implementation in everyone’s interest
F.P. Report KABUL: A few days earlier the message of the esteemed leader of the Islamic Emirate, Amir-ul-Mumineen Sheikh Hibatullah Akhundzada, was published on the occasion of Eid-ul-Fitr. The message elucidated the policy of the Islamic Emirate about various subjects related to Afghanistan and the ongoing Jihad. The message of Amir-ul-Mumineen on the occasion of…
Read More
Bomb blast kills two media staff in Afghanistan
KABUL (AA): At least two employees of a local Afghan TV channel were killed and four more injured by a bomb blast in the country’s capital Kabul on Saturday. The country’s Interior Ministry said in a statement that the incident took place in the city’s downtown Qulola Pushta neighborhood in the evening. There were no…
Read More
Afghan head of peace talks says ready for dialogue with Taliban
KABUL (AFP): A top Afghan official appointed to lead the much-awaited peace talks with the Taliban said Saturday his team was ready to start “at any moment” with the insurgents. Abdullah Abdullah, who heads a council to represent the government in negotiations, said an ongoing lull in violence triggered by a surprise ceasefire offered by…
Read MoreBusiness
Govt prioritizes ‘Doing Business’ reforms to bring FDIs in SEZs: Razak Dawood
F.P. Report ISLAMABAD: Advisor to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Monday said the government has prioritized the Doing Business (DB) reforms at national to provincial level for industrial growth and bring foreign investment Special Economic Zones (SEZs). The Government has established a project management unit at Board of Investment (BOI)…
OGRA announces slash in LPG prices for the month of June
F.P. Report ISLAMABAD: Oil & Gas Regulatory Authority (OGRA) on Monday issued a notification marking the prices for Liquified Petroleum Gas (LPG) for the month of June. LPG price has been slashed by Rs2 per kilogram whereas an LPG cylinder will now be available with a deduction of Rs24.59 per cylinder. A residential LPG cylinder…
Gov’t releases Rs 583 bn for development projects
F.P. Report ISLAMABAD: The federal government has so far authorized release of Rs 583 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, as against the total allocation of Rs701 billion. Under its development programme, the government has released an amount of Rs 244.2 billion for…
Per tola gold price rises by Rs650
F.P. Report KARACHI: The one tola gold price witnessed an increase of Rs650 to Rs98,200 in the domestic market on Monday. The 10 gram domestic price rose by Rs557 to Rs84,190, according to All Pakistan Jewellers Association. Gold prices rose today in the global market as riots in major U.S. cities rattled investors already reeling…
FBR collects taxes, duties of Rs227b during May
F.P. Report KARACHI: Federal Board of Revenue has collected taxes and duties of 227 billion rupees during May 2020. According to a statement of FBR, 3,518 billion of revenue has so far been collected this year, with an increase of 7.7 percent compared with the 3,266 billion collected till May last year. FBR has managed…
Oil prices slip as wary traders eye upcoming OPEC+ meeting
Monitoring Desk WASHINGTON: Oil prices fell nearly 1% on Monday as traders hedged bets with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June. Brent crude LCOc1 fell 34 cents to $37.50 a barrel, in the first day of…
Sports
Waqar urges Afridi and Gambhir to end social media war
ISLAMABAD: (AFP): Former Pakistan star Waqar Younis has called on Shahid Afridi and Gautam Gambhir to end their social media war, and for India and Pakistan to resume playing cricket. After being fierce on-field rivals, Pakistan’s Afridi and former Indian opener Gambhir have become involved in heated social media exchanges over the troubled Kashmir region,…
Read More
Australia players fine with more throw-downs if staff cut – Smith
SYDNEY (Agencies): Australia’s senior players will be ready to assume additional duties like giving throw-downs to team mates in practice if further cost-cutting means fewer support staff, leading batsman Steve Smith said on Monday. Cricket Australia (CA) has furloughed about 80% of its workforce due to the coronavirus pandemic and state associations have made deep…
Read More
Hamilton slams F1 for staying silent on Floyd death
LONDON (Agencies): Six times Formula One motor racing champion Lewis Hamilton has criticised his sport for its silence on the killing of George Floyd, an unarmed black man who died after a white U.S. police officer knelt on his neck. The death in Minneapolis triggered a wave of outrage and violent protests in the United…
Read More
Man Utd extend Ighalo’s loan deal until January 2021
LONDON (Agencies): Manchester United extended Odion Ighalo’s loan spell until January 2021 on Monday to ensure the Nigerian striker will be able to finish the 2019/20 season with the Premier League club. Ighalo’s initial loan deal from Shanghai Shenhua expired at the end of May, but the 30-year-old has been rewarded for an impressive return…
Read More
England v Australia rugby league series cancelled
SYDNEY (Agencies): The Rugby Football League and the Australian Rugby League Commission on Monday announced the cancellation of this year’s England-Australia Ashes series. Three Tests had been due to take place in England in October and November, with the competition being revived after a 17-year absence. Talks have already begun about a series from 2022…
Read More
Man City’s Mahrez has watches worth £300,000 stolen: reports
LONDON (Agenices): Manchester City winger Riyad Mahrez had three luxury watches worth more than £300,000 ($370,000) stolen when thieves raided his penthouse apartment, according to British media reports on Sunday. More than £50,000 in cash along with Cartier bracelets and rare football shirts worth up to £150,000 were also taken from the Algeria international. The…
Read MoreFashion & Movies
Kylie Jenner is not a billionaire, Forbes magazine now says
Monitoring Desk ISLAMABAD: Forbes magazine, which in March 2019 declared reality TV star Kylie Jenner had become the world’s youngest self-made billionaire, said on Friday that it no longer believed that her net worth was that much. The magazine said it reviewed financial data released by Coty Inc (COTY.N), which bought a 51 percent stake…
Daniyal Raheel, Faryal Mehmood tie nuptial knot
F.P. Report LAHORE: Days after Hina Altaf and Aagha Ali got married amidst the coronavirus lockdown, model-cum-actor Faryal Mehmood and director, actor Daniyal Raheel continued the trend by tying the nuptial knot. The simple Nikkah ceremony was held in Lahore which was attended only by the groom’s relatives as the bride’s family resides in the…
KP artists community appeal for relief package
F.P. Report PESHAWAR: The artiste community of Khyber Pakhtunkhwa has appealed to the Chief Minister Khyber Pakhtunkhwa Mahmood Khan and KP Minister for Culture Shoukat Yousafzai and officials of the Culture Department KP for immediate include them in the Corona Relief Package as the artist community, like many others, has been hit hard by the…
Taj Mahal damaged in deadly thunderstorm
Monitoring Desk AGRA: A deadly thunderstorm that rolled across parts of northern India damaged sections of the Taj Mahal complex, including the main gate and a railing running below its five lofty domes, officials said Sunday. One of the New Seven Wonders of the World, India’s top tourist attraction has been shut since mid-March as…
Apple secures deal for Scorsese’s next film starring DiCaprio, De Niro
Monitoring Desk NEW YORK: Apple Inc has secured a deal for Hollywood veteran Martin Scorsese’s next film, “Killers of the Flower Moon,” U.S. media reported earlier, citing sources. “Killers of the Flower Moon” will star Leonardo DiCaprio and Robert De Niro. It is the second major film that Apple has acquired after “Greyhound,” starring Tom…
Social distance cinema: ‘Grease’ draws crowds to Madrid drive-in
Monitoring Desk MADRID: For many, it was a long-awaited chance to feel normal again, sitting in their cars belting out “Summer Nights” at Madrid’s drive-in cinema on a rare night out after a 10-week lockdown. It’s opening night at this 1950s-themed venue and as the sun sets, vehicles begin pulling into the huge car park,…
Science & Technology
Tribal youth creates software for school documentation
Ahmad Nabi LANDI KOTAL: The first year student has created a special database for documentation of school for fulfilling necessities of the educational institutions. Shah Saud Khan s/o Baktullah, resident of Landi Kotal and student of 1st year of Computer Science in Imperial College System, Peshawar said that since his childhood he was interested in…
Moscow bemused at US space ‘hysteria’
Monitoring Desk MOSCOW: Moscow space officials on Sunday said they were puzzled by “hysteria” around the successful SpaceX flight as Elon Musk taunted Russia and US President Donald Trump vowed to beat it to Mars. On Saturday, SpaceX made history by becoming the world’s first commercial company to send humans into orbit, leading Russia to…
Virus tracing apps: Which countries are doing what
F.P. Report PARIS: As countries emerge from lockdowns imposed to blunt the coronavirus pandemic, dozens have rolled out phone apps to track a person s movements and who they come into contact with, giving officials a vital tool for limiting contagion risks. The technology could help avert new surges in COVID-19 infections that might overwhelm…
Pakistan uses militant-tracking tech to hunt virus
Monitoring Desk ISLAMABAD: Pakistan’s intelligence services are deploying secretive surveillance technology normally used to locate militants to instead track coronavirus patients and the people they come into contact with. In a programme publicly touted by Prime Minister Imran Khan, the government has turned to the powerful Inter-Services Intelligence agency (ISI) for help in tackling the…
President Trump threatens to shut down social media after tweet gag
Monitoring Desk WASHINGTON: US President Donald Trump warned on Wednesday that he may regulate social media platforms after Twitter for the first time acted against his false tweets. Trump will sign an executive order “pertaining to social media” on Thursday, aides to the president said, without offering more detail about its contents. Twitter tagged two…
Fact check: Twitter labels President Trump’s false claims with warning
Monitoring Desk WASHINGTON: Micro-blogging site Twitter for the first time has put a warning label on a tweet by President Donald Trump, warning users that his claims about mail-in ballots were false and had been debunked by fact checkers. The move marked a dramatic shift for the social network, Trump’s primary tool for getting an…
Health
Dementia gene raises risk of severe COVID-19
Monitoring Desk LONDON: Researchers at the University of Exeter Medical School and the University of Connecticut School of Medicine analysed data from the UK Biobank, and found high risk of severe COVID-19 infection among European ancestry participants who carry two faulty copies of the APOE gene (termed e4e4). One in 36 people of European ancestry…
High blood pressure during and after exercise may linked to disease later in life
Monitoring Desk BOSTON: Higher blood pressure during exercise and delayed blood pressure recovery after exercise are associated with a higher risk of hypertension, preclinical and clinical cardiovascular disease and death among middle-aged to older adults. Blood pressure responses to exercise are significant markers of cardiovascular disease and mortality risk in young to middle-aged adults. However,…
13 more died of virus in KP: Report
Wadood Jan PESHAWAR: The Khyber Pakhtunkhwa Health Department Friday said that 13 more people died of Corona in the last 24 hours in the province. According to report, issued by Health Department, that the total number of deaths from corona in the province has reached 445. The report added that five persons died of Corona…
Why rice isn’t really bad for you
Monitoring Desk Rice is one of the staple diets in many cuisines. It supplies as much as half of the daily calories to half of the world’s population. No wonder then that in Asian countries, such as Thailand, rice is so highly valued that the translation of the word “to eat” literally means “to eat…
A combo of fasting plus vitamin C could be more effective at treating some types of cancers, study shows
Monitoring Desk CALIFORNIA: Scientists from USC and the IFOM Cancer Institute in Milan have found that a fasting-mimicking diet could be more effective at treating some types of cancer when combined with vitamin C. In studies on mice, researchers found that the combination delayed tumor progression in multiple mouse models of colorectal cancer; in some…
10 crazy facts about sleep that you should know
Sleep — it seems like the most natural and mundane of human activities, but it’s also one of the most fascinating. From why we sleep to how we dream, to what keeps us awake and the trends that have defined sleep over the centuries, there’s a lot we’ve learned about sleep … and a lot…
Travel
Germany only one of Greece’s big tourist markets on list of approved flights
Monitoring Desk ATHENS: Greece announced on Friday that it would be opening its borders to tourists from 29 countries on June 15, although Germany is the only country from the list of the five key markets for Greece’s tourism sector, as the UK, Italy, France and the US continue to have high rates of coronavirus…
Which European countries are open for summer tourism?
Germany Some border crossings with neighbors Austria, Switzerland, and France began to open on May 16 under tightly controlled conditions, with June 15 set as the date to fully relax borders and restrictions on inter-EU travel. Germany also lifted its strict border controls with Luxembourg on the same day. A similar deal with Denmark has…
Cyprus to pay holiday costs of coronavirus infected tourists
Monitoring Desk ATHENS: Cyprus has pledged to cover the holiday costs of anyone who tests positive for the virus after travelling there. In a letter made public on Wednesday, the government said it would pay for accommodation, medicine and food for patients and their families. Tourists “will only need to bear the cost of their…
Why Thailand isn’t reopening to international tourists yet
Monitoring Desk BANGKOK: With news that many countries in Europe are reopening to tourism in time for summer, travelers with their sights set on Asia are anxiously awaiting word on when they’ll be given the green light to visit their favorite destination. As of now, those with Thailand in mind will need to wait at…
Pre-travel tests of little use against virus spread
Monitoring Desk BRUSSELS: Border closures do little to prevent the spread of COVID-19, the European Union’s public health agency said, as EU states weigh lifting some travel restrictions imposed at the start of the coronavirus pandemic in Europe. The European Centre for Disease Prevention and Control (ECDC) said measures such as testing travellers before departure…
Coronavirus outbreak: Caribbean tourism struggles as visitors stay home
Monitoring Desk CARIBBEAN: Seagulls are the only ones using the pool at a resort fringing one of Antigua’s most popular beaches. They have the place all to themselves, save for a solitary security guard surveying the empty terrace usually abuzz with families. Above, the bright blue sky is devoid of the aeroplanes ordinarily flitting back…
Articles
Minneapolis’s progressive image burns in its streets
Adam Minter The last time that Minneapolis burned like this was July 1967. For three nights, dozens of buildings and businesses along Plymouth Avenue, a commercial strip on the city’s predominantly African-American North Side, were vandalized, looted and torched. Accounts differ as to what sparked the violence then. But there was no doubt about the…
Trump’s war on Huawei is self-defeating
George Koo When the US administration recently attempted to slam the door on Huawei, China’s leading telecommunication and most technology-loaded company, President Donald Trump and his China advisers broke what had until then been the gold standard in international collaboration – the world’s semiconductor industry. The US Department of Commerce recently announced that henceforth, any…
Altercation of 10th NFC Award, 18th Amendment and Article 160
Haseeb Saeed In the fiscal year of 2020, when pandemic the COVID-19 is flogging the economy of country, at the same time Pakistan is also observing the commotion of tax distribution among federation and its four provinces. In Federal Divisible Pool (FDP), centre is planning to deduct 15% from provinces revenue shares. Provinces take this…
Beijing sees Trump’s hand and won’t fold
Pepe Escobar Stranger things have happened. Everyone was expecting US President Donald Trump to go nuclear by de facto sanctioning China to death over Hong Kong. In an environment where Twitter and the President of the United States are now engaged in open warfare, the rule is that there are no rules anymore. So in…
London Mosque: is the alt-right hijacking the issue to inflame tensions?
Elis Gjevori A mosque proposal in the heart of London sparks controversy fuelled by fear-mongering. A proposed plan to convert a building at the heart of London’s famous Piccadilly Circus into a mosque, has resulted in objections – in particular from members of the far-right. News outlets such as Breitbart, known for their right-wing opinions,…
The Cummings row: Boris faces a grim choice
ENES GÜZEL While the U.K. suffers from one of the worst coronavirus death tolls in the world – losing more than 37,000 people to the virus – a controversial issue is currently inflaming spirits across the country. Prime Minister Boris Johnson faces a growing upheaval over his chief advisor Dominic Cummings – the latter having…
Editorial
Putting corona in ‘dam care list’
The spike in in coronavirus infections and consequent increase in mortality rate of patients have compelled the government to declare wearing masks and gloves mandatory at crowded places, markets, shopping malls, public transport and air travel. However, people have so far not shown seriousness to observe the SOPs that federal and provincial governments have announced…
Revenue shortfall
A steep fall in the tax revenue collection has been witnessed over the past few months, which may be partially due to suspension of economic activities in the aftermath of coronavirus pandemic’ These activities have now largely been restored. Federal Board of Revenue has missed the target of tax collection by Rs.103 billion in May,…
Promise of business friendly environment
In an interview with a news agency, Advisor to the Prime Minister on Commerce and Investment, Abdual Razak Dawood said that the process of reforms would continue to further improve Pakistan’s ranking in the World Bank Ease of Doing Business Index. He said that improvement by 20 points is expected, which will place the country…
Antiviral medicines
The management of Serle Pharmaceutical Company wants an emergency import of low price generic version of remdsivir—a broad spectrum anti-viral medicine for the treatment of Covid-19 patients– from a Bangladesh based manufacturer Beximco pharmaceutical. The drug has been given approval by the US Food and Drug Administration and health authorities in the UK and Japan.…
Floating foreign currency bonds
In the current fiscal year, floating of foreign exchange bearer bonds, having fairly long maturity period, was deferred, while giving preference to short term portfolio investment in T-bills on the advice of central bank. The flight of hot money because of the combined effect of interest rate cut and Covid-19 impact led to a realization…
Ill-preparedness or oblivion
Federal Information Minister, Shibli Faraz said in a press conference that a locust attack has happened after 27 years and a locust control cell is being established to face this challenge. It is pertinent to mention that over the past five months all four provinces of the country had witnessed recurring locust infestations. After the…
Arts and Literature
Saudi Arabia with a rich history and home to archeological treasures
Monitoring Desk RIYADH: Modern-day Saudi Arabia is home to several archeological treasures, evidence that this part of the world was once the cradle of ancient civilizations. Several cities that once thrived in this area lay in ruins away from people’s attention and, until a few decades ago, this part of the world was considered to…
Quantitative Management of Bond Portfolios
Authors: Lev Dynkin, Anthony Gould, Jay Hyman, Vadim Konstantinovsky and Bruce Phelps The practice of institutional bond portfolio management has changed markedly since the late 1980s in response to new financial instruments, investment methodologies, and improved analytics. Investors are looking for a more disciplined, quantitative approach to asset management. Here, 5 top authorities from a…
A remarkable & imaginative abstract artist
Monitoring Desk ISLAMABAD: The highly reputable and refined professional Indian painter Rahat Kazmi is making big waves through her abstract paintings. Rahat Kazmi was born in Indore, Madhya Pradesh, India on September 4, 1984. Her father Abdul Nasir Khan is a government employee, working as a teacher. Meanwhile, her mother was always a housewife. Rahat…
A Course in Microeconomic Theory
Author: David M. Kreps David M. Kreps has developed a text in microeconomics that is both challenging and “user-friendly.” The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well. Placing unusual emphasis on modern noncooperative game theory, it provides the student and instructor with a unified…
Haveli Nau Nihal finest preserved Sikh architecture
F.P. Report PESHAWAR: Pakistan in general and Punjab in particular has a rich history of cultural heritage — the footprints of arts and architectures of Mughals, British and Sikhs are still visible in most parts of the province narrating tales of the bygone days. The walled city of Lahore speaks for almost every era expressing…
Reading Old Books by Peter Mack
Monitoring Desk In literary and cultural studies, “tradition” is a word everyone uses but few address critically. In Reading Old Books, Peter Mack offers a wide-ranging exploration of the creative power of literary tradition, from the middle ages to the 21st century, revealing in new ways how it helps writers and readers make new works…
