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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,709
524hr
Pakistan Cases
1,284,365
17624hr
0.48% positivity
Sindh
475,248
Punjab
442,950
Balochistan
33,479
Islamabad
107,626
KPK
179,928

European Union

Britain to take much bigger GDP hit from Brexit than the EU
World

Britain to take much bigger GDP hit from Brexit than the EU

  • Britain left the EU at the end of January last year, but kept its full access to the 27-nation bloc's single market until the end of 2020, when it was replaced by a trade agreement.
  • For the EU on average, the exit of the UK from the European Union on Free Trade Agreement terms is estimated to generate an output loss of around 0.5% of GDP by the end of 2022, and some 2.25% point for the UK.
Updated 11 Feb, 2021 09:27pm
FM hopes new US administration will stop ignoring ground realities in IIOJK
Pakistan

FM hopes new US administration will stop ignoring ground realities in IIOJK

  • Qureshi says Pakistan expects Organisation of Islamic Cooperation (OIC) and the European Union (EU) to play their roles on the issue
  • Pakistan could have cooperated within the region on tackling the Covid-19 pandemic but there are difficulties on regional trade and development because of the Kashmir issue: FM
Published 11 Feb, 2021 02:32pm
EU tells Hungary to change procurement, cites ‘systemic’ fraud
World

EU tells Hungary to change procurement, cites ‘systemic’ fraud

  • The European Commission is mandated with managing the 750-billion-euro scheme and has already told several EU states their proposals for spending their part of the funds must be improved.
  • Competition in public procurement is insufficient in practice," said the document, adding that that was linked to "systemic irregularities".
Published 08 Feb, 2021 05:38pm
EU to Hungary: change procurement to bar ‘systemic’ fraud from recovery stimulus
World

EU to Hungary: change procurement to bar ‘systemic’ fraud from recovery stimulus

  • The European Commission is mandated with managing the 750-billion-euro scheme and has already told several EU states their proposals for spending their part of the funds must be improved.
  • The document called specifically for improved data transparency and accessibility, arguing that that would lead to a fairer and more open procurement process.
Published 08 Feb, 2021 05:14pm
Denmark approves renewable energy island in the North Sea
Markets

Denmark approves renewable energy island in the North Sea

  • The move came as the European Union unveiled plans to transform its electricity system to rely mostly on renewable energy within a decade and increase its offshore wind energy capacity 25-fold by 2050.
  • "This is truly a great moment for Denmark and for the global green transition," Energy Minister Dan Jorgensen told a press briefing.
Published 04 Feb, 2021 07:57pm