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Archive - 2021-01-02
UK reactivates emergency COVID-19 hospitals, closes London primary schools
Europe

UK reactivates emergency COVID-19 hospitals, closes London primary schools

  • Britain reactivated emergency hospitals built at the start of the pandemic and shut primary schools in London on Friday to counter the rapid spread of a much more infectious variant of the coronavirus.
  • With more than 50,000 new daily cases of COVID-19 for the last four days, the health service said it was preparing for an anticipated rush of patients and needed more beds.
Published 02 Jan, 2021 07:20pm
Tokyo Olympics will go ahead in 2021, despite low public opinion
Asia

Tokyo Olympics will go ahead in 2021, despite low public opinion

  • According to Japanese Prime Minister Yoshihide Suga, the dekayed Tokyo Olympics would go-ahead as scheduled in July 2021, even as the country grapples with an unexpected surge in coronavirus cases.
  • The games, now scheduled for July, involves over 11,000 athletes across the globe with a combined budget of $15 billion.
Updated 02 Jan, 2021 06:21pm
China senior diplomat says U.S. relations at 'new crossroads'
China

China senior diplomat says U.S. relations at 'new crossroads'

  • China’s relationship with the United States has reached a “new crossroads” and could get back on the right track following a period of “unprecedented difficulty”, senior diplomat Wang Yi said in official comments published on Saturday.
  • Relations between the world’s two biggest economies have come under increasing strain amid a series of disputes over trade, human rights and the origins of COVID-19.
Published 02 Jan, 2021 03:56pm
Senate Investigation reveals Obama Administration knowingly funnelled aid funds to terrorist affiliate
Middle East

Senate Investigation reveals Obama Administration knowingly funnelled aid funds to terrorist affiliate

  • The Obama Administration sent public funds to a non-profit humanitarian agency, which improperly transacted with an organization that had previously been sanctioned over its ties to terrorist groups.
  • The probe revealed that World Vision funnelled rough $5 million to Maktab al-Khidamat, the predecessor to Al-Qaeda; adding that insufficient vetting practices led to such dangerous levels of ignorance.
Updated 02 Jan, 2021 03:52pm
Schools may be allowed to reopen in phases from Jan 25: report
Pakistan

Schools may be allowed to reopen in phases from Jan 25: report

  • The educational institutes were closed from November 26, 2020 to January 10, 2021 by the federal government amid COVID-19 resurge.
  • The reopening of educational institutes will now be reviewed in the upcoming meeting of education ministers, chaired by Federal Education Minister Shafqat Mahmood, on January 4.
Updated 02 Jan, 2021 03:41pm
Pakistan says India should set its own house in order rather than 'feigning concern for minority rights elsewhere'
Pakistan

Pakistan says India should set its own house in order rather than 'feigning concern for minority rights elsewhere'

  • As a perennial purveyor of state-sponsored discrimination against its minorities, India is in no position to pontificate on the issue of minority rights elsewhere, FO said.
  • "This is not the first time the Indian Government has tried to feign concern for minority rights elsewhere while being the most egregious and persistent violator of minority rights itself," FO said.
Published 02 Jan, 2021 03:20pm
Sindh to release eight terminally ill prisoners from jails
Pakistan

Sindh to release eight terminally ill prisoners from jails

  • The development was made under an order of the Supreme Court in light of a provincial cabinet decision made in a session late last year.
  • They will be released from jails in Karachi, Hyderabad and Shukkur for a duration of four months and were subject to meeting all formalities and conditions as laid down in the order.
Updated 02 Jan, 2021 02:45pm
Babar Azam ruled out of second Test against New Zealand
Sports

Babar Azam ruled out of second Test against New Zealand

Pakistan Captain had a full-fledge training session yesterday but felt slight pain in his thumb, following which, the team management has opted against taking any risk. “The medical team is constantly reviewing his injury and we are hopeful he will be available for the home series against South Africa,” says team doctor.
Published 02 Jan, 2021 02:09pm
SPI down 0.69pc WoW

SPI down 0.69pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on December 31, 2020, recorded a decrease of 0.69...
Updated 02 Jan, 2021 03:48am
Dec CPI inflation up 8pc YoY

Dec CPI inflation up 8pc YoY

ISLAMABAD: The Consumer Price Index-based inflation increased by eight percent on year-on-year basis in December ...
Updated 02 Jan, 2021 03:48am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Friday (January 01, 2021) and the forecast for Saturday (January 02, 2021)....
Updated 02 Jan, 2021 03:41am
CBOT corn hits 6-1/2-year peak
Grains

CBOT corn hits 6-1/2-year peak

CHICAGO: Chicago Board of Trade corn futures reached a 6-1/2-year high on Thursday and closed out the year with the...
Updated 02 Jan, 2021 03:32am
Gold up by Rs300 per tola
Commodities

Gold up by Rs300 per tola

KARACHI: The maiden gold trade of the New Year was closed for Rs114300 per tola on the local market, traders said on...
Updated 02 Jan, 2021 03:28am
EFU AGGRESSIVE FUND RATES
Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (January 01, 2021). ======================== Offer Price 1,490.6579...
Published 02 Jan, 2021 03:04am
BOARD MEETINGS
Rates.PSX

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 02 Jan, 2021 03:04am
Member to Member
Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (January 01, 2021)....
Published 02 Jan, 2021 03:04am
Lahore Paper Market Rates
Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (January 01, 2021). ======================================= Offset...
Published 02 Jan, 2021 03:04am
Doctors meet additional CS
Pakistan

Doctors meet additional CS

QUETTA: A delegation of General Cadres Doctors called on Additional Chief Secretary Saboor Khan Kakar on Friday and...
Published 02 Jan, 2021 03:04am
Cotton Spot Rates
Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 01, 2021)....
Published 02 Jan, 2021 03:04am
SIMAP, IME sign MoU
Pakistan

SIMAP, IME sign MoU

LAHORE: A Memorandum of Understanding was signed between Surgical Instruments Manufacturers Association of Pakistan...
Published 02 Jan, 2021 03:04am
Coronavirus double whammy
Editorials

Coronavirus double whammy

EDITORIAL: Pakistan suffered a double whammy this week as the new, faster spreading variant of the coronavirus was...
Published 02 Jan, 2021 03:04am
Power sector decline
Opinion

Power sector decline

Among the critical issues that are being carried forward, unresolved, to 2021, by the government of the day, is the...
Published 02 Jan, 2021 03:04am
PDM’s prospects
Letters

PDM’s prospects

This is apropos a Business Recorder editorial “PDM’s prospects” carried by the newspaper yesterday. The leader...
Published 02 Jan, 2021 03:04am
Afghan radio journalist killed

Afghan radio journalist killed

KABUL: An Afghan radio journalist was shot dead Friday in a car ambush in the central province of Ghor, officials...
Published 02 Jan, 2021 03:04am
Punjab govt removes CCPO Umer Sheikh

Punjab govt removes CCPO Umer Sheikh

LAHORE: Capital City Police Officer (CCPO) Lahore Umer Sheikh, who remained in controversies since the day of his...
Published 02 Jan, 2021 03:04am
Dec exports grow 18.3pc YoY

Dec exports grow 18.3pc YoY

ISLAMABAD: Pakistan’s exports have posted a growth of 18.3 percent to $2.357 billion in December 2020 as compared...
Published 02 Jan, 2021 03:04am