News Archives for Latest - 2020-08-18

USA

Interview: Joe Biden's campaign is courting an overlooked demographic — Pakistani Americans

The Democrat presidential hopeful is building a broad coalition to defeat Trump by reaching out to untapped voter blocs.

Updated 19 Aug, 2020 07:01pm

Forex

C$ nears 7-month high; market awaits policy clues from new finance minister

Canadian dollar rises 0.5% against the greenback.
Loonie touches its strongest since Jan. 27 at 1.3147.
Chrystia Freeland becomes Canada's new finance minister.
Canadian bond yields ease across the curve.

Updated 19 Aug, 2020 12:31am

Energy

Oil steadies as demand fears face off with high OPEC+ compliance

Demand concerns from coronavirus fuel market losses.
OPEC+ panel focuses on compliance with oil cuts.
Coming up: API data on US crude inventories.

Published 18 Aug, 2020 11:38pm

World

Sudan confirms 'contacts' with Israel, says UAE move is 'brave'

Under the US-brokered deal announced last week, the UAE becomes the just third Arab country to forge full relations with Israel in more than 70 years.
The Emirates' move is a brave and bold step and contributes to putting the Arab world on the right track to build peace in the region and to build sustainable peace.

Published 18 Aug, 2020 11:33pm

Europe

Obey corona rules to keep economy, schools running, says Merkel

A rise in cases in the last couple of weeks has caused alarm among some virologists and politicians in Germany.
If the numbers go back down we can open up more. If they don't, or rise, we must ask what is needed and in any case a further easing of measures cannot take place now.

Published 18 Aug, 2020 11:30pm

Companies

RWE launches 2bn euro share issue to fund renewables drive

The capital increase, representing an increase of 10% in RWE's equity, will be placed with institutional investors via an accelerated bookbuilding process.
The bookrunner on the deal said investors had put in enough orders to sell the entire offering at 32.55 euros per share.

Published 18 Aug, 2020 11:27pm

Commodities

Paris wheat eases after rally, Algerian tender results awaited

Traders awaited the outcome of a tender Algeria held on Tuesday for milling wheat to be sourced from optional European origins.
Front-month September futures shed 2 euros to 182.75 euros, easing back from a three-week peak of 185.00 euros touched a day earlier.

Published 18 Aug, 2020 11:26pm

Europe

Britain to lead training programme for Ukrainian navy

Ukraine and Russia have been foes since 2014, when Moscow seized Ukraine's Crimea peninsula and backed a rebellion in the east.
The Maritime Training Initiative will enable even closer collaboration with the NATO Alliance and Armed Forces around the world.

Published 18 Aug, 2020 11:22pm

World

Trump rejects proposal to cut military healthcare; sources say no formal proposal

Politico reported on Sunday that Pentagon officials had proposed slashing military healthcare by $2.2 billion.
A proposal by Pentagon officials to slash Military Healthcare by $2.2 billion dollars has been firmly and totally rejected by me.

Published 18 Aug, 2020 11:19pm

Europe

France reports over 2,000 new coronavirus infections

The seven-day moving average of the case count, which smooths out daily reporting irregularities.
Despite the jump in infections, the number of people in hospital fell again by 102 to a new low of 4,823

Published 18 Aug, 2020 11:18pm

Europe

Belarus opposition sets up council; Lukashenko decries ‘attempt to seize power’

Protests against Lukashenko enter 10th day.
Lukashenko awards medals to security forces.
Interior ministry urges police to stay in post.
Putin warns Merkel, Macron against meddling.

Published 18 Aug, 2020 11:16pm

USA

US CDC reports 169,870 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 18 Aug, 2020 11:14pm

Money & Banking

Citigroup asks judge to freeze funds it mistakenly sent to Revlon creditors

Citi had been acting as agent on the loan, meaning it collected payments from Revlon to distribute to the creditors.
To target Brigade as if they were the lender here, it just doesn't work and it doesn't make sense with respect to the type of relief they're seeking.

Published 18 Aug, 2020 11:11pm

Africa

Mali president detained by mutinying soldiers, security sources say

Scale of mutiny not clear; pay dispute seen as possible cause.
Ministries and state television evacuated, officials say.
Hundreds take to streets in capital to celebrate mutiny.

Published 18 Aug, 2020 11:08pm

USA

Trudeau to tap ally Freeland as finance minister in agenda reset

The appointment comes after a tumultuous week for the government that ended in Bill Morneau stepping down as finance minister on Monday night.
Freeland's experience renegotiating a North American trade deal and her relationships with provincial premiers make her a good choice.

Published 18 Aug, 2020 11:05pm

Stocks

S&P 500 on track for record closing high

Nasdaq hits record high for second straight day.
Home Depot, Walmart shares mixed after results.
Indexes: Dow dips 0.10%, S&P up 0.24%, Nasdaq rises 0.59%.

Published 18 Aug, 2020 11:03pm

Middle East

Hezbollah has ‘taken hostage’ the Lebanese people's future: Israeli statement on Hariri verdict

The ruling of the tribunal that investigated the murder of Prime Minister Hariri and which was made public today is unequivocal.
Hezbollah has taken hostage the future of the Lebanese in the service of foreign interests.

Published 18 Aug, 2020 10:58pm

Commodities

Corn retreats from 5 week peak as crop tour tempers storm worries

Crop tour sees sharply higher corn yields in Ohio.
USDA corn crop rating also falls by less than expected.
Soybeans ease after seven-month high.

Published 18 Aug, 2020 10:57pm

Africa

Zimbabwe shortens coronavirus curfew, extends business hours

The overnight curfew will now start at 8 p.m., while business hours will be extended to 4.30 p.m from 3 p.m. *The government banned public taxis in March, but the state bus service is failing to cope.

Published 18 Aug, 2020 10:51pm

Security talks: Mossad head meets UAE national security adviser

Israel and the United Arab Emirates said they would normalise diplomatic ties and forge a broad new relationship

Updated 18 Aug, 2020 08:09pm

USA

Deputy PM Freeland to be named Canada finance minister: media

Morneau was also being investigated by Canada's ethics commissioner over his ties to a charity tasked to distribute pandemic relief to young Canadians.

Published 18 Aug, 2020 08:01pm

Afghan presidential compound hit in rocket attack on capital

Afghanistan was never a part of Britain's empire but it became officially independent from British influence in August 1919.

Published 18 Aug, 2020 07:54pm

USA

Trump to pardon US women's suffrage hero Susan B. Anthony

She refused to pay the fine, making her an icon of the women's suffrage movement.

Published 18 Aug, 2020 07:49pm

Business & Finance

Nasdaq, S&P climb at Wall Street open as Dow retreats

About 30 minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 27,796.87.

Published 18 Aug, 2020 07:47pm

Europe

Merkel rules out easing coronavirus rules as German cases spike

Germany earlier this month introduced free, mandatory tests for people returning from areas deemed a high risk for COVID-19 infections.

Published 18 Aug, 2020 07:46pm

World

Macron urges Putin to promote dialogue in Belarus

The French president "called on Russia to foster calm and dialogue," it said.

Published 18 Aug, 2020 07:44pm

World

Lebanon's Hariri accepts tribunal's verdict on murder of ex-PM father

The court has ruled, and in the name of the family of the late prime minister Rafic Hariri.

Published 18 Aug, 2020 07:42pm

EU leaders urge Putin to push for talks in Belarus over disputed vote

EU chief Charles Michel said on Twitter that he had spoken to Putin by phone and added that "only peaceful and truly inclusive dialogue can resolve the crisis in Belarus".

Published 18 Aug, 2020 07:39pm

No evidence of Hezbollah leadership, Syrian govt's involvement in Hariri's assassination: UN Tribunal verdict

The tribunal convicts main accused Salim Jamil Ayyash for hatching conspiracy aimed at committing a terrorist act. It also declared the other three accused as not guilty of the charges

Updated 18 Aug, 2020 07:32pm

Sports

Australia skipper Finch fears for mental health of players in 'bio-bubbles'

Finch will lead a 21-man squad to England for a T20 International series starting September 4 in Southampton.

Published 18 Aug, 2020 06:16pm

Pakistan

Experts emphasise need of quality of quality maternity care services in Pakistan

“Sindh province has taken the highest toll of COVID-19 cases as compared to other provinces,” says Dr Razia Korejo.

Updated 18 Aug, 2020 06:16pm

Stocks

European stock markets retreat at open

London's benchmark FTSE 100 index opened at 6,086.38 points, having closed 0.8 percent higher on Monday.

Published 18 Aug, 2020 06:05pm

Europe

Greece expects coronavirus vaccine supplies from December

There are over 7,200 cases, including some 2,800 in August, and 230 people have died of the virus in Greece.

Published 18 Aug, 2020 06:01pm

Exchange

Hong Kong stocks close slightly higher

The Hang Seng Index edged up 0.08 percent, or 20.04 points, to 25,367.38.

Published 18 Aug, 2020 06:00pm

Stocks

Asian markets struggle as traders await crucial US stimulus

Analysts said there was not too much concern on markets about possible tax hikes if Joe Biden beats Trump in the race for the White House.

Published 18 Aug, 2020 05:58pm

Business & Finance

JPMorgan appoints former UK finance minister as adviser

Javid worked in banking before entering politics, beginning his career at JPMorgan.

Published 18 Aug, 2020 05:54pm

Business & Finance

China slams US 'abuse' over new Huawei sanctions

The Trump administration has banned Huawei from 5G wireless networks in the United States and pressed allies to do the same.

Published 18 Aug, 2020 05:52pm

WHO warns people under 50 driving virus spread in Asia-Pacific

"Many are unaware they're infected with very mild symptoms or none at all.

Published 18 Aug, 2020 05:33pm

Business & Finance

UK retailer M&S axes 7,000 jobs on virus fallout

Chief executive Steve Rowe said the job cuts would enable the company to become a "leaner, faster business set up to serve changing customer needs".

Published 18 Aug, 2020 05:28pm

Exchange

PMA cadets facing job crisis, other issues: Seafarers community

In a letter written to Maritime Affairs Minister Ali Zaidi, seafarers say at least 900 cadets are waiting to join their first vessel in a bid to start their sea career

Updated 18 Aug, 2020 05:31pm

Africa

Gunfire heard at army base outside Mali capital

Soldiers fired their guns into the air in a military base in Kati, a town some 15 kilometres (nine miles) from Bamako.

Published 18 Aug, 2020 05:26pm

Africa

Libya unity govt signs military accord with Qatar, Turkey

Libya has been in chaos since a Western-backed uprising toppled and killed longtime dictator Moamer Kadhafi in 2011.

Published 18 Aug, 2020 05:21pm

Coronavirus toll at 1100 GMT Tuesday

At least 21,936,820 cases of coronavirus have been registered in 196 countries and territories. Of these, at least 13,623,700 are now considered recovered.

Published 18 Aug, 2020 05:19pm

Business & Finance

Walmart profits boosted by e-commerce, US stimulus payments

The company reported higher sales at Walmart US, the company's biggest unit by far, with consumers consolidating shopping trips during the pandemic.

Published 18 Aug, 2020 05:17pm

Asia

One dead, dozens injured as strong quake hits central Philippines

In the city of Iloilo about 400 kilometres (250 miles) southwest of Masbate in the neighbouring Visayas region, residents ran out onto the streets.

Published 18 Aug, 2020 05:15pm

Currency

European stocks extend gains, dollar weakens

Analysts said there was not too much concern on markets about possible tax hikes if Joe Biden beats President Donald Trump in the race for the White House.

Published 18 Aug, 2020 05:13pm

World

'Vision from hell': Losing an eye to the Beirut blast

Tragically, Sama was sitting close to a window when the blast also sent shards of glass flying into her left eye.

Published 18 Aug, 2020 05:12pm

Business & Finance

2.3mn Pakistani youth could lose jobs under long term COVID containment: ADB

As per the report titled Tackling the COVID-19 Youth Employment Crisis in Asia and the Pacific, in the 6-month scenario, job losses for youth may equal 6.1 million in India, followed by Pakistan with 2.3 million.

Published 18 Aug, 2020 04:22pm

Sports

Babar regains fifth spot in latest ICC Test rankings

The right-hander notched 47 in the second Test against England to reclaim his career-best ranking.

Published 18 Aug, 2020 04:13pm

Global community recognizes Pakistan’s FATF measures, says Azhar

Azhar told that the government had completed 14 of the 27 action items, whereas, out of the remaining 13, implementation on 11 points had been partially completed.

Updated 18 Aug, 2020 03:32pm

Sports

I would love to tour Pakistan, says Joe Root

The rain-interrupted second Test ended in a predictable draw.

Published 18 Aug, 2020 02:52pm

Pakistan

Key witness in fake accounts case against Asif Ali Zardari dies

Aslam Masood died due to cardiac arrest.

Published 18 Aug, 2020 02:46pm

COAS Bajwa meets Saudi counterpart, discusses regional security

Army chief's visit to Kingdom comes days after Foreign Minister Shah Mehmood Qureshi criticised the Gulf country for not supporting its stance on Kashmir

Published 18 Aug, 2020 02:42pm

Sports

'Greedy' Bayern wary of Man City-slayers Lyon

Robert Lewandowski is the competition's top scorer with 14 goals.

Updated 18 Aug, 2020 02:52pm

Sports

Barca count cost of gamble on Setien

Humiliating 8-2 Champions League elimination against Bayern turned out to be last nail in the coffin for the head coach at the Camp Nou.

Published 18 Aug, 2020 02:18pm

Currency

Keep up with the Scandinavian financial markets

Investments in Scandinavia are considered as the safest choice as you get the chance to benefit the stable industrialized counties.

Published 18 Aug, 2020 02:06pm

Sports

Martinez insists Inter are ready for 'great things' after semi triumph

The Italian side will face Sevilla in the final of the Europa League on Sunday.

Published 18 Aug, 2020 02:00pm

Sports

Man City to honour Silva with statue at Etihad Stadium

Spaniard won the Premier League four times, the FA Cup twice and the League Cup five times during his decade long run with the club.

Published 18 Aug, 2020 01:51pm

Perspectives

COVID-19 brings fresh urgency to bridging Pakistan’s digital divide

The coronavirus pandemic has changed how Pakistan and the world works and connects, highlighting the need for a ...

Published 18 Aug, 2020 01:59pm

Cambridge to soon announce new A/O level results of Pakistani students

Shafqat Mehmood said that grades will not be less than predicted grades sent by schools.

Updated 18 Aug, 2020 01:42pm

Currency

Fitch Ratings testament to govt’s ‘balanced and effective’ financial management, says Shaikh

Fitch Ratings on Monday has affirmed Pakistan’s long-term foreign-currency Issuer Default Rating (IDR) at “B-” with a stable outlook.

Published 18 Aug, 2020 01:37pm

Perspectives

K.K. Aziz on the Two-Nation Theory

“Pakistan is not rational, it is national”, said George Bernard Shaw when the problems of India piqued his...

Published 18 Aug, 2020 01:26pm

Exchange

PTI two-years performance: Govt's sound policies led to economic revival, says Hafeez

Talking about the performance of the finance ministry, Adviser to the Prime Minister on Finance Abdul Hafeez Shaikh said that Pakistan was facing huge challenges when the current government came to power.

Updated 18 Aug, 2020 12:48pm

Pakistan no longer considered part of problem but part of solution: Qureshi

Foreign Minister Shah Mahmood Qureshi unveiled his ministry's two-year performance report.

Published 18 Aug, 2020 12:20pm

Pakistan

Pakistan born Nergis Mavalvala to head MIT’s School of Science

Back in 2016, Dr. Mavalvala was among the team of scientists who verified Albert Einstein’s 1915 general theory of relativity.

Published 18 Aug, 2020 11:40am

Business & Finance

These are the Top Richest families in the World

As per the latest list of the 25 richest families in the world released by Bloomberg, these 25 families are involved in various industries, media groups, agribusiness companies, and oil trade.

Published 18 Aug, 2020 10:48am

Business & Finance

Japan manufacturers' gloom eases slightly but pandemic woes remain

The reading highlights the immense task policymakers face to pull the economy out of its deepest recession on record after the coronavirus pandemic pummelled corporate and household activity.

Published 18 Aug, 2020 10:14am

Technology

U.S. tightening restrictions on Huawei access to technology, chips

The administration also added 38 Huawei affiliates in 21 countries to the U.S. government’s economic blacklist, the sources said, raising the total to 152 affiliates since Huawei was first added in May 2019.

Published 18 Aug, 2020 10:10am

Stocks

Asia shares sluggish after Wall Street's tech-inspired rally

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.19%, to sit not far short of its pre-pandemic late January high.

Published 18 Aug, 2020 10:08am

Technology

Oracle enters race to buy TikTok's U.S. operations: FT

Oracle was working with some U.S. investors that already have a stake in ByteDance, including General Atlantic and Sequoia Capital, the newspaper reported, citing people briefed about the matter.

Published 18 Aug, 2020 10:05am

Exchange

Remittances growth fleeting or lasting?

Like COVID-19 cases in Pakistan; or highest ever petrol consumption amid COVID-19 restrictions in the country;...

Published 18 Aug, 2020 08:56am

Cotton

Has LSM left the worst behind?

Last month’s coverage of Pakistan’s Large-Scale Manufacturing (LSM) reported that the worst seemed to be over ...

Published 18 Aug, 2020 08:56am

Libor

IPP negotiations: The right step

Investors across the world look for policy consistency before making any investment decisions, especially in the...

Published 18 Aug, 2020 08:56am

BR Research

Good omens

Even though covid-19 has not officially bid its farewell to the country—evidenced by fresh cases standing at a...

Published 18 Aug, 2020 08:55am

Mutual Funds

Sunrays Textile Mills Limited

Sunrays Textile Mills Limited (PSX: SUTM) was established as a public limited company in 1987. It is part of the...

Published 18 Aug, 2020 08:55am

Business & Finance

ML-1 to ensure upgraded rail services, create jobs: PM

ISLAMABAD: Prime Minister Imran Khan on Monday said Main Line-1 project would prove as an opportunity for advanced...

Updated 18 Aug, 2020 03:53am

Business & Finance

MoC to allow export of surgical, N-95/K-95 masks

ISLAMABAD: The Commerce Ministry is all set to allow export of surgical masks and N-95/K-95 masks with strict...

Updated 18 Aug, 2020 03:52am

Business & Finance

Japan's record economic plunge wipes out Abe era gains

TOKYO': Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic...

Updated 18 Aug, 2020 03:52am

Business & Finance

Thailand's economy shrinks most in more than 20 years

BANGKOK: Thailand's economy suffered its worst contraction since the Asian financial crisis more than two decades...

Updated 18 Aug, 2020 03:51am

USA

Scorching temperature in US's Death Valley could be global high

WASHINGTON: A temperature of 130 degrees Fahrenheit (54.4 degrees Celsius) recorded in California's Death Valley on...

Updated 18 Aug, 2020 03:49am

South Asia

Sri Lanka plunged into darkness after power outage hits entire nation

COLOMBO: The entire nation of Sri Lanka was left without power Monday in a seven-hour outage following a failure at ...

Updated 18 Aug, 2020 03:48am

South Asia

Iran paid Taliban for attacks on Americans: CNN report

WASHINGTON: Iran offered the Taliban bounties to attack US and coalition soldiers in Afghanistan, just as Russia...

Updated 18 Aug, 2020 03:47am

Europe

Belarus workers chant 'Leave' at Lukashenko as anger mounts over vote

MINSK: Workers at a state-run factory confronted Belarusian President Alexander Lukashenko with chants of "Leave!" ...

Updated 18 Aug, 2020 03:46am

Middle East

Kushner urges Saudi Arabia to normalise ties with Israel

DUBAI: US President Donald Trump's son-in-law and White House advisor Jared Kushner said Monday it would be in Saudi...

Updated 18 Aug, 2020 03:46am

Middle East

Israel planning UAE flights over Saudi: Netanyahu

OCCUPIED JERUSALEM: Prime Minister Benjamin Netanyahu said Monday that Israel is working on opening a corridor over...

Updated 18 Aug, 2020 03:46am

Middle East

Oman, Israel discuss 'recent developments' after UAE deal

MUSCAT: Oman's foreign minister spoke to his Israeli counterpart on Monday, Muscat said, the first contact since...

Updated 18 Aug, 2020 03:45am

World

Virus forces New Zealand election delay as Europe tightens curbs

WELLINGTON: New Zealand on Monday postponed its election to focus on fighting a second wave of the coronavirus as...

Updated 18 Aug, 2020 03:45am

Industry

Category of raw materials: APTTA urges government to include PCT:44.07

KARACHI: Chairmen All Pakistan Timber Traders Association (APTTA), Sharjil Goplani has appealed and urged Honourable...

Updated 18 Aug, 2020 03:43am

Taxes

Government urged to waive tax on partially-oriented yarn

KARACHI: The chairman of FPCCI standing committee on imports, Khawar Noorani has asked the government to waive the ...

Updated 18 Aug, 2020 03:42am

Industry

France's Sanofi to buy US group Principia Biopharma for $3.68 billion

PARIS: French pharma giant Sanofi said Monday it will buy US group Principia Biopharma for $3.7 billion in a deal...

Updated 18 Aug, 2020 03:42am

Exchange

DG IOCO to review all duty drawback rates of exporters

ISLAMABAD: The Directorate General of Input Output Coefficient Organization (IOCO) shall preferably review all the...

Updated 18 Aug, 2020 03:41am

Taxes

FBR chairman to hold e-katcheri on 21st

ISLAMABAD: The Federal Board of Revenue (FBR) will hold an e-katcheri on August 21st (Friday) with the FBR chairman,...

Updated 18 Aug, 2020 03:41am

Business & Finance

UK dines out on govt-backed restaurant scheme

LONDON: A British government scheme to encourage people to visit restaurants, by paying a slice of the bill, has...

Updated 18 Aug, 2020 03:40am

Business & Finance

Economic growth: PM wants speedy reforms in power sector

ISLAMABAD: Prime Minister Imran Khan on Monday, while chairing a meeting on power sector reforms, said that it was...

Updated 18 Aug, 2020 03:40am

Business & Finance

Increase in remittances to strengthen national economy: Aleem

LAHORE: Senior Minister Punjab Abdul Aleem Khan has said that Prime Minister Imran Khan's revolutionary and...

Updated 18 Aug, 2020 03:39am

Pakistan

PNSC changes crew onboard MV Malakand at La Reunion Island

KARACHI: PNSC remains steadfast and fully committed to the safety and welfare of its seafarers despite the ...

Updated 18 Aug, 2020 03:39am

Business & Finance

Buzdar opens 'one-window smart services' at LCCI

LAHORE: Chief Minister Punjab Sardar Usman Buzdar on Monday inaugurated state-of-the-art one-window smart services ...

Updated 18 Aug, 2020 03:39am

Pakistan

PSP will devolve powers, resources to lowest level: Kamal

KARACHI: Pak Sarzameen Party chairman (PSP) Syed Mustafa Kamal on Monday said the aim of PSP is to empower people,...

Updated 18 Aug, 2020 03:39am

Pakistan

Administrator Karachi to be appointed with consultation of all parties: mayor

KARACHI: Mayor Karachi Wasim Akhtar on Monday said that after completion of local bodies tenure, Administrator...

Updated 18 Aug, 2020 03:38am

Pakistan

Rebuilding of infrastructure: Governments urged to give NDMA, FWO the go-ahead

KARACHI: "The federal and provincial governments must immediately give [their] go-ahead to [the] National Disaster...

Updated 18 Aug, 2020 03:38am

Pakistan

Anti-polio campaign begins in Balochistan, AJK

QUETTA: The sub-national polio-eradication campaign began in Balochistan and Azad Jammu and Kashmir on Monday to...

Updated 18 Aug, 2020 03:38am

Pakistan

WPC-KP launches report to identify, fix legislative gaps related to EVAW

PESHAWAR: Women Parliamentary Caucus Khyber Pakhtunkhwa (WPC-KP) and UN Women Pakistan Monday launched a report on...

Updated 18 Aug, 2020 03:37am

Opinion

As Democrats prepare to nominate Joe Biden, widespread fears about unfair election

ARTICLE: With less than 80 days to go before the US presidential election, it looks like Joe Biden's race to lose....

Updated 18 Aug, 2020 03:36am

Army chief visits Saudi Arabia to smoothen ties

RIYADH/ISLAMABAD: Army chief visited Saudi Arabia on Monday in an effort to ease a row between the two countries ...

Updated 18 Aug, 2020 03:34am

Exchange

Bank accounts: Top brass, politicians undergo extra scrutiny, Senate panel told

ISLAMABAD: People holding higher/senior positions including politicians and government officials go through more...