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Archive - 2020-12-05
PDM opposed country's progress: Qureshi
Pakistan

PDM opposed country's progress: Qureshi

  • The political parties which were part of PDM intended to create chaos in the country, he maintained adding that the movement was following Pakistan's enemy agenda.
Published 05 Dec, 2020 09:25pm
Protesters return to French streets to denounce police violence; tear gas fired
Europe

Protesters return to French streets to denounce police violence; tear gas fired

  • The protesters marched through the French capital under the close watch of riot police, waving banners that read “France, land of police rights” and “Withdrawal of the security law”.
  • In one incident, police fired tear gas and charged after fireworks were launched at their lines. Hooded youths smashed one store window. There were violent clashes between protesters and police in a similar protest last week.
Updated 05 Dec, 2020 08:40pm
20 more die of Covid-19 in Sindh
Pakistan

20 more die of Covid-19 in Sindh

  • Shah said that 13,864 samples were tested which diagnosed 15,69 cases that constituted 11.3 percent current detection rate, said a statement here.
Published 05 Dec, 2020 08:07pm
Moscow rolls out Sputnik V COVID-19 vaccine to most exposed groups
Europe

Moscow rolls out Sputnik V COVID-19 vaccine to most exposed groups

  • The Russian-made vaccine will first be made available to doctors and other medical workers, teachers and social workers because they run the highest risk of exposure to the disease. *President Vladimir Putin has ordered a nationwide voluntary vaccination programme to begin next week. He said Russia will have produced 2 million vaccine doses within the next few days.
Published 05 Dec, 2020 08:01pm
PM Johnson and EU chief seek to break Brexit impasse
Europe

PM Johnson and EU chief seek to break Brexit impasse

  • If the two sides fail to reach a deal, the five-year Brexit divorce will end messily just as Britain and Europe grapple with the vast economic cost of the COVID-19 outbreak. *“We keep calm, as always, and if there is still a way, we will see,” EU chief negotiator Michel Barnier told broadcasters in London as he left for Brussels.
Published 05 Dec, 2020 07:59pm
Sherbaz Khan Mazari passes away in Karachi
Pakistan

Sherbaz Khan Mazari passes away in Karachi

  • He was brother of caretaker prime minister Mir Balakh Sher Mazari and brother-in-law of Baloch leader Nawab Akbar Bugti.
  • He will be laid to rest in his ancestral graveyard.
Updated 05 Dec, 2020 06:59pm
Naval Chief visits Turkish Naval Shipyards
Pakistan

Naval Chief visits Turkish Naval Shipyards

  • Turkish Fleet Commander welcomed the Naval Chief on the arrival at Gulchk Naval Base.
  • During the visit he was also briefed regarding the Turkish Fleet Command, said Pakistan Navy spokesman.
Updated 05 Dec, 2020 06:52pm
Pakistan to seek $153mn from World Bank for COVID-19 vaccine
Pakistan

Pakistan to seek $153mn from World Bank for COVID-19 vaccine

  • The Health ministry has written a letter to the Economic Division advising it to seek funds from the bank for advance purchases of the virus vaccine.
  • The letter reads that initial talks have been done with the World Bank for the funds via video link.
Updated 05 Dec, 2020 06:29pm
German court upholds ban on coronavirus demonstration
World

German court upholds ban on coronavirus demonstration

  • Lower courts had already denied permission for the protest, planned for Saturday afternoon, at which 20,000 demonstrators were due to convene in the city centre of Bremen.
  • On Saturday, the number of confirmed coronavirus cases in Germany increased by 23,318 to 1,153,556, RKI data showed, while the reported death toll rose by 483 to 18,517.
Updated 05 Dec, 2020 06:03pm
Bahrain says it won't allow imports from Israeli settlements
Middle East

Bahrain says it won't allow imports from Israeli settlements

  • Bahrain and the UAE formalised ties with Israel on Sept. 15, in a U.S.-sponsored deal billed by the Gulf states as being made possible by Israel’s shelving of a plan to annex West Bank settlements.
  • Under European Union guidelines, settlement products should be clearly labelled as such when exported to EU member countries.
Published 05 Dec, 2020 05:37pm
Iran's coronavirus deaths surpass 50,000 - health ministry
Asia

Iran's coronavirus deaths surpass 50,000 - health ministry

  • Officials cautioned that the situation remained “fragile” in Tehran and in the other cities that have moved from the coronavirus red alert to the lower risk orange level, said the broadcast.
  • Iran’s health ministry recorded a total of 50,016 coronavirus deaths on Saturday with 321 new fatalities in the past 24 hours.
Published 05 Dec, 2020 05:33pm
South Africa, England ODI series to go ahead
Sports

South Africa, England ODI series to go ahead

  • England expressed concern over the strength of the bio-secure environment after the positive result, while a South African team investigation has not yet shown how the unnamed player caught the virus.
Published 05 Dec, 2020 04:00pm
Pakistan hands over dossier on Indian terrorism to UN
Pakistan

Pakistan hands over dossier on Indian terrorism to UN

  • The UN Under-Secretary-General for Counter-Terrorism Vladimir Voronkov 'promised to study the dossier', Munir Akram tweeted.
  • The dossier contains details related to RAW funding information, audio clips of handlers communication and other India sponsored terrorist activities in Pakistan.
Updated 05 Dec, 2020 04:01pm
Allegri eyes coaching role in Premier League
Sports

Allegri eyes coaching role in Premier League

  • Allegri, who has been linked with coaching jobs at Manchester United and Arsenal in the British media, has been without a club since leaving Juventus at the end of the 2018-19 season.
Published 05 Dec, 2020 03:54pm
Robben comeback on hold until next year
Sports

Robben comeback on hold until next year

  • Robben's much anticipated return to his home town club FC Groningen has proven a disappointment as he has played just 44 minutes in two appearances in the Dutch league this season.
Published 05 Dec, 2020 03:36pm
Cavendish joins Deceuninck-Quick Step for 2021
Sports

Cavendish joins Deceuninck-Quick Step for 2021

  • "Mark Cavendish is returning to Deceuninck-Quick Step after five years... the Manxman has agreed to sport the new kit of the team, which will be revealed in a couple of days, throughout the 2021 season,"
Published 05 Dec, 2020 03:26pm
NASA paying startups $1 for moon rocks
Technology

NASA paying startups $1 for moon rocks

  • The startups will collect "a small amount" of material from the surface of the moon's south pole in 2023, NASA announced.
  • The total contract is worth $1 — with the first payment representing 10% of the total.
Updated 05 Dec, 2020 02:56pm
COVID-19 'vaccine nationalism' could cost rich nations billions
World

COVID-19 'vaccine nationalism' could cost rich nations billions

  • “Governments are increasingly focusing on investments that can help their own economies to rebound,” said Hassan Damluji,
  • As per the Rand research report, the global cost associated with COVID-19 and its economic impact could be $3.4 trillion a year. For the EU it will be about 5.6 per cent in annual GDP, about $983 billion.
Published 05 Dec, 2020 01:46pm
Over 200 COVID-19 patients are on ventilators across country: NCOC
Pakistan

Over 200 COVID-19 patients are on ventilators across country: NCOC

  • As per the statistics of the National Command and Operation Centre (NCOC), 202 patients are on ventilators in three provincial capitals including 84 in Lahore, 73 in Karachi and 45 in Peshawar.
  • No patient from Balochistan, Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB) is on the ventilator, the NCOC said.
Updated 05 Dec, 2020 01:39pm
Cold wave likely to hit Karachi in next week of December
Pakistan

Cold wave likely to hit Karachi in next week of December

  • The minimum temperature today in the port city has been recorded 17.5 Celsius as northeastern winds blowing in the city with nine kilometers per hour speed.
  • The PMD stated that temperatures across the country will drastic fall from December 15.
Published 05 Dec, 2020 12:44pm
PM rules out mosques' closure

PM rules out mosques' closure

ISLAMABAD: Prime Minister Imran Khan on Friday said the mosques could not be closed at any cost during coronavirus...
Updated 05 Dec, 2020 03:24am
China comfortable with yuan's rise

China comfortable with yuan's rise

BEIJING: Chinese policymakers are comfortable with the yuan's rise to 2 1/2-year highs as a rebound in the world's...
Published 05 Dec, 2020 03:01am
SPI down 0.23 percent WoW

SPI down 0.23 percent WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on December 3, 2020 recorded a decrease of 0.23...
Published 05 Dec, 2020 03:01am
PIA transfers: some questions
Letters

PIA transfers: some questions

This is apropos a Business Recorder news item "PIA decides to transfer 450 employees from Karachi to Islamabad"...
Published 05 Dec, 2020 03:01am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Friday (December 4, 2020) and the forecast for Saturday (December 5, 2020)....
Published 05 Dec, 2020 03:02am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 05 Dec, 2020 03:01am
EFU AGGRESSIVE FUND RATES
Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (December 4, 2020). ======================== Offer Price 1,430.7073...
Published 05 Dec, 2020 03:01am
BOARD MEETINGS
Rates.PSX

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 05 Dec, 2020 03:01am
Member to Member
Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (December 4, 2020)....
Published 05 Dec, 2020 03:01am
Shipping Intelligence
Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 4, 2020)....
Published 05 Dec, 2020 03:01am
Lahore Paper Market Rates
Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (December 4, 2020). ======================================= Offset...
Published 05 Dec, 2020 03:01am
Lahore Grain Market Rates
Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 4, 2020)...
Published 05 Dec, 2020 03:01am
Private credit
Opinion

Private credit

Lately it was getting rather boring writing on the economy, which is the reason why there are already four episodes...
Published 05 Dec, 2020 03:01am
Civil servants
Opinion

Civil servants

Prime Minister Imran Khan early this week approved the Civil Servants (Efficiency and Discipline) Rules, 2020 with a...
Published 05 Dec, 2020 03:01am
Cotton Spot Rates
Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 4, 2020)....
Published 05 Dec, 2020 03:01am
PMEX daily trading report
Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 9.088...
Published 05 Dec, 2020 03:01am
Gold prices decline in NY
Commodities

Gold prices decline in NY

NEW YORK: Gold fell on Friday as investors booked profits from sharp gains in the previous sessions while equities...
Published 05 Dec, 2020 03:01am
Cotton futures rise
Cotton & Textile

Cotton futures rise

NEW YORK: Cotton prices rose more than 1% on Friday as investors banked on hopes for more US economic stimulus and...
Published 05 Dec, 2020 03:01am
US drillers add oil and gas rigs for 11th week in 12: Baker Hughes
Energy

US drillers add oil and gas rigs for 11th week in 12: Baker Hughes

  • The oil and gas rig count, an early indicator of future output, rose three to 323 in the week to Dec. 4, energy services firm Baker Hughes Co said.
  • The number of operating rigs has surged since August, when it hit a record low of 244, according to Baker Hughes data going back to 1940.
Published 05 Dec, 2020 12:33am
US CDC reports 275,386 deaths from coronavirus
USA

US CDC reports 275,386 deaths from coronavirus

  • The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by the new coronavirus.
  • The CDC figures do not necessarily reflect cases reported by individual states.
Published 05 Dec, 2020 12:26am
New coronavirus infections in France remain on downward trend
Europe

New coronavirus infections in France remain on downward trend

  • France also reported 627 new deaths from coronavirus, including 282 in hospitals, compared to 324 in hospitals on Thursday.
  • The number of people in hospital with the virus fell by another 392 to 26,311 while the number of people in intensive care fell by 132 to 3,293.
Published 05 Dec, 2020 12:17am
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