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Archive - 2020-12-07
China's new growth paradigm
Opinion

China's new growth paradigm

At the end of October 2020, the Proposals of Formulating the Fourteenth Five-Year Plan for National Economic and...
Updated 08 Dec, 2020 02:44pm
Explosive material used in Karachi’s Maskan Chowrangi blast: Report
Pakistan

Explosive material used in Karachi’s Maskan Chowrangi blast: Report

  • The report compiled by HEJ Research Institute of Chemistry, Karachi University found TNT material used in the Gulshan-e-Iqbal blast, which killed nine people and left over 20 injured on October 21.
  • The blast occurred at a ground-plus-four-story residential building, Noor Apartments, having banks and commercial shops on the ground and mezzanine floor.
Updated 07 Dec, 2020 09:06pm
Nasdaq hits record high; S&P 500, Dow open lower
Stocks

Nasdaq hits record high; S&P 500, Dow open lower

  • At 9:34 a.m. ET, the Dow Jones Industrial Average was down 67.35 points, or 0.22pc, at 30,150.91, the S&P 500 was down 6.65 points, or 0.18pc, at 3,692.47, and the Nasdaq Composite was up 23.40 points, or 0.19pc, at 12,487.63.
Published 07 Dec, 2020 08:31pm
Biden names health team to tackle spiraling Covid crisis
USA

Biden names health team to tackle spiraling Covid crisis

  • When Biden takes office on January 20, his health team will be immediately responsible for rolling out a historic immunization drive -- set to launch later this month in a bid to gain control of a pandemic that has killed 280,000 people in the country.
Published 07 Dec, 2020 07:49pm
Alongside Sisi, Macron says France will sell arms to Egypt irrespective of rights
Middle East

Alongside Sisi, Macron says France will sell arms to Egypt irrespective of rights

  • French President Emmanuel Macron said on Monday he would not condition the sale of weapons to Egypt on human rights because he did not want to weaken Cairo’s ability to counter terrorism in the region.
  • Both states - which share concerns about instability across the Sahel, threats from jihadist groups in Egypt and the political vacuum in Libya - have cultivated closer economic and military ties.
Published 07 Dec, 2020 07:22pm
Sindh reports 41 deaths, 1,726 new coronavirus cases
Pakistan

Sindh reports 41 deaths, 1,726 new coronavirus cases

  • This is the highest death toll since July, while death toll from the virus in the province has reached 3,060.
    • The chief minister said that 12,442 samples were tested which diagnosed 1,726 cases that constituted 13.9 per cent current detection rate.
Updated 07 Dec, 2020 06:42pm
Police in northern India arrest 10 men under new anti-conversion law
Asia

Police in northern India arrest 10 men under new anti-conversion law

  • Uttar Pradesh state became the first Indian province to pass a law against forced or fraudulent religious conversions, laying out prison terms for anyone compelling others to convert their faith or luring them into these conversions through marriage.
    • At least four other Indian states - Madhya Pradesh, Haryana, Karnataka and Assam have said that they are planning to bring in similar anti-conversion laws.
Published 07 Dec, 2020 03:23pm
New Zealand's Ardern vows accountability ahead of Christchurch attack report
World

New Zealand's Ardern vows accountability ahead of Christchurch attack report

  • Ardern met with the family members of victims and some survivors on Sunday and promised immediate action on the royal commission report, but said some recommendations may take time to implement.
    • The findings of a royal commission inquiry into the mosque attack will be made public in parliament on Tuesday.
Published 07 Dec, 2020 02:50pm
ATSE recognizes Pakistani scientist for her STEM research
Pakistan

ATSE recognizes Pakistani scientist for her STEM research

  • Shazia developed solutions for Business Information Systems to more effectively process information, significantly improving business process management
  • Shazia says it is hard to imagine business without technology and getting the alignment right between the two
Updated 07 Dec, 2020 01:54pm
EU's Barnier says no UK deal yet: diplomatic source

EU's Barnier says no UK deal yet: diplomatic source

  • Updating the EU envoys from 0630 GMT, Barnier said the three most contentious issues in the negotiations have not yet been resolved, according to the diplomat, who was taking part in the closed-door briefing.
Published 07 Dec, 2020 12:30pm
Interior Minister Ijaz Shah gets first dose of COVID-19 trial vaccine
Pakistan

Interior Minister Ijaz Shah gets first dose of COVID-19 trial vaccine

  • UHS Vice-Chancellor Prof Javed Akram says the minister’s staff members were also administered the trial vaccine
  • China had supplied the medication, developed by Chinese biotech CanSinoBio in partnership with the Beijing Institute of Biotechnology, to Islamabad as part of a trial agreement
Published 07 Dec, 2020 12:14pm
Last month the hottest November on record: EU
World

Last month the hottest November on record: EU

  • With just over 1C of warming so far, Earth is already dealing with the devastation caused by more frequent and stronger extreme weather events such as wildfires and tropical storms.
Published 07 Dec, 2020 12:01pm
Police register FIR against 150 PDM workers
Pakistan

Police register FIR against 150 PDM workers

  • The PDM leaders nominated in the FIR included PML-N divisional president Dr Ziaur Rehman, Ameer of JUI Rawalpindi, PML-N metropolitan head Malik Ibrar and former mayor of Rawalpindi Sardar Nassem and others.
Published 07 Dec, 2020 11:53am
Saudi, Israeli officials share fiery attacks at regional conference
Middle East

Saudi, Israeli officials share fiery attacks at regional conference

  • During a regional conference on Sunday, an influential Saudi prince launched a bitter attack on Israel, and reiterated his strong support for the Palestinian cause.
  • Mutual concerns over Iran gradually brought Israel and Gulf nations closer, as Riyadh had been quietly building relations with the Jewish state since several years.
Updated 07 Dec, 2020 11:42am
Pompeo brands Venezuela vote a 'fraud'
World

Pompeo brands Venezuela vote a 'fraud'

  • Victory would give Maduro's ruling Socialist Party control of an expanded 227-seat National Assembly -- the only institution not in its hands.
Published 07 Dec, 2020 11:02am
OPEC+ to boost output as oil market tightens
Energy

OPEC+ to boost output as oil market tightens

  • In the three months between August and October, the latest for which data is available, UAE production was down by an average of almost 20% compared with the same period a year earlier.
Published 07 Dec, 2020 09:42am
US oil may drop to $45.41
Energy

US oil may drop to $45.41

  • The third wave labeled c is unfolding towards $45.41. Immediate resistance is at $46.18, a break above which may lead to a gain to $46.66.
Published 07 Dec, 2020 09:21am