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Archive - 2020-12-18
Trudeau commits Canada to sharing any extra vaccine doses
USA

Trudeau commits Canada to sharing any extra vaccine doses

  • As Canada gets vaccinated, if we have more vaccines than necessary, absolutely we will be sharing with the world.
  • Canada has reserved more vaccine doses per capita than any other country. In the unlikely event that all the experimental vaccines perform well in trials.
Published 18 Dec, 2020 10:54pm
COAS visits PAF’s operational base, witnesses Pakistan-China joint exercise
Pakistan

COAS visits PAF’s operational base, witnesses Pakistan-China joint exercise

  • General Bajwa said that the joint exercise will improve combat capacity of both Air Forces substantially and also enhance interoperability between them with greater strength and harmony.
  • The ‘Shaheen-IX’ is the ninth in the series of exercises between PAF and People's Liberation Army Air Force (PLAAF) which started in the 2011 and are held in both countries on alternate basis.
Updated 18 Dec, 2020 08:23pm
Falcon-i partners with Jazz to improve tracking and fleet management
Companies

Falcon-i partners with Jazz to improve tracking and fleet management

  • Pakistan’s Leading IoT Fleet Management Company, Falcon-i has recently secured a new corporate deal with Jazz, offering Jazz better vehicle tracking, fuel management & optimization, and live video stream services.
  • This solutions partnership will also allow Jazz business customers to connect and control their most valuable assets all from a self-care portal powered by Falcon-i known as ‘Jazz Biz View’.
Published 18 Dec, 2020 06:47pm
Mysterious N.Korea site may be building nuclear components, report says
Asia

Mysterious N.Korea site may be building nuclear components, report says

  • “The characteristics of the site are more consistent with a plant that could manufacture components for centrifuges,” says IAEA official.
  • The imagery suggests the site lacks the infrastructure needed for enrichment, writes Heinonen, a distinguished fellow with the Stimson Center, the Washington think-tank that runs the project.
Published 18 Dec, 2020 06:42pm
Covid-19 vaccine delivery to poor countries to start in early 2021: WHO
World

Covid-19 vaccine delivery to poor countries to start in early 2021: WHO

  • Announcing the agency had secured nearly two billion doses of vaccine candidates, the WHO said in a statement that this would "enable all participating economies to have access to doses in the first half of 2021, with first deliveries anticipated to begin in the first quarter of 2021."
Updated 18 Dec, 2020 06:46pm
Targeting UN vehicle shows India’s mal-intent: ISPR
Pakistan

Targeting UN vehicle shows India’s mal-intent: ISPR

  • The military observers were enroute to interact with cease fire violation victims in Polas Village in Chirikot Sector, says ISPR.
  • This act only goes to show Indian Army’s complete disregard to principles enshrined in UN Charter, says military's media wing.
Updated 18 Dec, 2020 05:40pm
Retail traders leave Wall Street for dust in 2020 stocks rally
Stocks

Retail traders leave Wall Street for dust in 2020 stocks rally

  • Online trading platforms have reported a retail rush since the COVID-19 pandemic hit markets in March, with near-zero interest rates and a roaring rebound luring a new generation of stuck-at-home traders wanting to sharpen their skills on stocks.
Published 18 Dec, 2020 05:18pm
Blast in Ghazni kills 15, mostly children, at Quran reading ceremony
South Asia

Blast in Ghazni kills 15, mostly children, at Quran reading ceremony

  • A suspected rickshaw bomb killed at least 15 civilians, including 11 children, on Friday at a Koran recitation ceremony in central Afghanistan.
  • Killings by small, magnetic bombs placed under vehicles have unnerving Afghan officials, activists and journalists, who blame the Taliban for the attacks.
Published 18 Dec, 2020 05:12pm
Swiss coronavirus cases surpass 400,000, deaths top 6,000
World

Swiss coronavirus cases surpass 400,000, deaths top 6,000

  • The total number of confirmed cases in Switzerland and neighbouring principality Liechtenstein increased to 403,989, the death toll rose by 120 to 6,003, and 184 new hospitalisations kept pressure on the health care system.
Published 18 Dec, 2020 05:09pm
Dollar consolidates losses after week-long drubbing
Forex

Dollar consolidates losses after week-long drubbing

  • The dollar index recovered on the day and was last up 0.2pc just short of 90, but remained on track for a fall of 1pc over the week. It had reached its lowest in more than two years at 89.723 on Thursday.
Published 18 Dec, 2020 04:57pm
Burundi ex-president Buyoya dies from Covid-19
World

Burundi ex-president Buyoya dies from Covid-19

  • Buyoya, who was credited with helping push democracy in the small African country but was accused of involvement in his successor's assassination, was hospitalised in Mali's capital Bamako on Wednesday, a family member told AFP.
Published 18 Dec, 2020 04:57pm
India planning surgical strike on Pakistan, warns Qureshi in UAE presser

India planning surgical strike on Pakistan, warns Qureshi in UAE presser

  • Qureshi says India is deeply unnerved because its acts of aggression against Pakistan through state sponsored terrorism and blatant disinformation based propaganda have been exposed
  • There is no doubt that Pakistan stands for peace but if provoked, our armed forces are fully prepared to thwart any aggression on our homeland: FM
Updated 18 Dec, 2020 04:58pm
Indian forces 'specifically targeted' UN vehicle from across LoC: FO
Pakistan

Indian forces 'specifically targeted' UN vehicle from across LoC: FO

  • The UN officers were on their way to Polas village to meet with the victims of Indian ceasefire violations when they came under fire.
  • This reprehensible act of unprovoked firing by India on the UNMOGIP officers is 'indicative of a new low in the conduct of Indian occupation troops', FO spokesperson said.
Published 18 Dec, 2020 04:51pm
Sindh finalise plan for COVID-19 vaccination
Pakistan

Sindh finalise plan for COVID-19 vaccination

  • The province has crossed over 200,000 infections as Pakistan reported more than 2,500 coronavirus cases in past 24 hours for the third day in a row.
  • In the first phase, health workers and medical staff will receive the vaccine.
Updated 18 Dec, 2020 04:55pm
As pandemic rages across U.S., Congress scrambles to reach relief deal
USA

As pandemic rages across U.S., Congress scrambles to reach relief deal

  • As the coronavirus pandemic roared to new record highs across the United States, it lit a fire in the U.S. Congress, where Republicans and Democrats were scrambling to pass a new round of aid after months of partisan finger-pointing and inaction.
  • Multiple lawmakers floated the possibility the federal government would run out of money early Saturday morning while the COVID-19 relief negotiations continue.
Updated 18 Dec, 2020 04:27pm
Sikh diaspora drums up global support for farmers' protest in India
South Asia

Sikh diaspora drums up global support for farmers' protest in India

  • Thousands of Indian farmers protesting against deregulation of agriculture markets are drawing strength from Sikhs around the world who are urging foreign governments to intercede with Prime Minister Narendra Modi.
  • Sikhs living overseas, most of whom have families at home tied to the farms, have picked up the thread in the United States, the United Kingdom, Canada and Australia, demonstrating outside Indian embassies to draw attention.
Published 18 Dec, 2020 03:30pm
eSports becomes medal event at 2022 Asian Games
Technology

eSports becomes medal event at 2022 Asian Games

  • "I hope that electronic sports will add value to the Asian Games –- and I am sure it will in the future, during the Asian Games 2022 and even beyond that," says the OCA's Asian Games director.
  • Efforts to include eSports in the Olympics have so far faltered, but the coronavirus pandemic appeared to trigger a shift this year as organisers explored new ideas.
Published 18 Dec, 2020 01:54pm
PM Khan’s 10-billion tree plan to restore Pakistan’s forests
Pakistan

PM Khan’s 10-billion tree plan to restore Pakistan’s forests

  • This year in July, the government announced the creation of 15 national parks across the country under the ‘Protective Area Initiative’.
  • According to the United Nations (UN), Pakistan is among the six countries that face the biggest impact from climate change.
Updated 18 Dec, 2020 01:48pm
Britain, EU strike pessimistic tone in post-Brexit trade talks
Europe

Britain, EU strike pessimistic tone in post-Brexit trade talks

  • Britain and the European Union struck a pessimistic tone in trade talks on Thursday, with a spokesman for Prime Minister Boris Johnson saying it was “very likely” there would be no agreement unless the bloc changed its position “substantially”.
  • Just over two weeks before Britain finally leaves the bloc’s orbit, European Commission President Ursula von der Leyen was also downbeat, saying it would be “very challenging” to overcome the “big differences” that remained.
Published 18 Dec, 2020 11:21am
Bangladesh seeks LNG cargo for late January delivery
Energy

Bangladesh seeks LNG cargo for late January delivery

  • "This is really difficult to get competitive offers in this situation when prices are too high but we'll continue our efforts," he told Reuters. He expects spot prices to stay high until April or May, he said.
Published 18 Dec, 2020 11:21am
Lockheed Martin to help Japan build stealth fighter
World

Lockheed Martin to help Japan build stealth fighter

  • The new fighter, which is known as the F-3 or F-X and is expected to cost about $40 billion, will replace the F-2. Lockheed had proposed a hybrid design based on its F-35 and F-22 jets, but Japan rejected that in favour of a home-grown design.
Published 18 Dec, 2020 11:15am
Two dead as super cyclone levels Fiji villages
World

Two dead as super cyclone levels Fiji villages

  • "It's devastating to see another big cyclone affect Fiji so soon after Cyclone Harold and so close to Christmas," the Red Cross's Suva-based Pacific chief Kathryn Clarkson said.
Published 18 Dec, 2020 11:04am
Japan to develop longer-range anti-ship missiles
World

Japan to develop longer-range anti-ship missiles

  • The missiles would allow Japan to expand a strategy known as anti-access area denial (A2AD), that is meant to stop foreign forces from operating freely in waters close to home territory.
Published 18 Dec, 2020 09:35am
Google wins EU antitrust nod for $2.1 billion Fitbit deal
Europe

Google wins EU antitrust nod for $2.1 billion Fitbit deal

  • Alphabet’s Google won EU antitrust approval on Thursday for its $2.1 billion bid for Fitbit after agreeing restrictions on how it will use customers’ health related data.
  • The deal had triggered criticism from privacy advocates on both sides of the Atlantic, consumer organisations and Google rivals about the company’s market power and the use of people’s health data in targeted advertising.
Published 18 Dec, 2020 09:30am
Wheat anomaly reversing?
BR Research

Wheat anomaly reversing?

It is wheat plantation all across the country, and the raw material price has shifted gears, taking a sharp reverse....
Published 18 Dec, 2020 07:30am
US corn, wheat and soybeans rally with exports in focus
Commodities

US corn, wheat and soybeans rally with exports in focus

  • "We are at the crucial time," said Mark Schultz, chief market analyst at Northstar Commodity. "They better start getting the moisture."
  • Chicago Board of Trade January soybean futures settled up 17-1/2 cents at $12.01-1/4 a bushel. CBOT March corn futures gained 5-1/4 cents to $4.32-1/2.
Published 18 Dec, 2020 03:27am
Yields rise on stimulus optimism, shaking off weak data
Financial

Yields rise on stimulus optimism, shaking off weak data

  • Republicans and Democrats in Congress were scrambling to pass a new round of aid after months of inaction.
  • The US government would be required to issue more debt to pay for stimulus and the supply would be expected to drive Treasury prices lower and yields higher.
Published 18 Dec, 2020 03:19am
71 Covid-19 deaths reported

71 Covid-19 deaths reported

ISLAMABAD: Pakistan Thursday reported 2,545 new Covid-19 cases and 71 deaths in the past 24 hours, bringing the...
Published 18 Dec, 2020 02:53am
Economy: IsDB sounds optimistic note

Economy: IsDB sounds optimistic note

ISLAMABAD: The Islamic Development Bank (IsDB) in its report noted that though Pakistan is confronted with different...
Published 18 Dec, 2020 02:53am
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