News Archives for World - 2020-10-13

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World

Indian jewellery brand withdraws ad featuring Hindu-Muslim couple after right-wing backlash

The ad aimed to show interfaith harmony, but detractors claimed it promoted so-called "love-jihad".

Updated 13 Oct, 2020 09:01pm

Europe

Polish PM in quarantine after contact with COVID-19

Morawiecki's announcement came as Poland reported 5,068 new coronavirus cases on Tuesday, only the second time the tally has exceeded 5,000 in a 24-hour period since the pandemic began.

Published 13 Oct, 2020 07:37pm

Europe

UK's Johnson tells ministers he wants a trade deal on ‘right terms’

The bulk of Australia's exports to the EU are subject to tariffs and quotas set under basic World Trade Organization (WTO) terms.

Published 13 Oct, 2020 07:31pm

Europe

Norway to provide COVID-19 vaccine free of charge

Sweden, an EU member and Norway's neighbour, will buy more of the vaccines than it needs and then sell them on to Norway.

Published 13 Oct, 2020 07:30pm

Europe

Germany's Merkel concerned by rising coronavirus cases across EU

"I am watching with great concern the renewed increase in infection numbers in almost every part of Europe. And I must say the situation continues to be serious,"

Published 13 Oct, 2020 07:26pm

Europe

Merkel says EU won't let Ireland down over Brexit

"But we have to bear in mind the realities because an agreement has to be in the interests of both sides, in the British interest and in the interest of the EU's 27 member states."

Published 13 Oct, 2020 07:24pm

Europe

Russia reports record high daily coronavirus cases and deaths

Her comments come a day after the Kremlin said Russia could afford to be more flexible in its response to COVID-19 than earlier this year when it imposed a lockdown.

Published 13 Oct, 2020 07:21pm

World

Mexico aims to vaccinate 116 million against coronavirus by end of 2021

Mexican Finance Minister Arturo Herrera added that the country had allocated $1.659 billion for the purchases of the vaccines, which will be free for Mexicans.

Published 13 Oct, 2020 07:17pm

Europe

Ukraine extends coronavirus lockdown to Dec. 31

The daily tally of new infections in Ukraine has climbed to record levels and 107 deaths were recorded in the 24 hours to Tuesday.

Published 13 Oct, 2020 07:10pm

Europe

Covid-19 infections among health workers declining: WHO

The new coronavirus has killed nearly 1.1 million people out of close to 38 million registered infections since it first surfaced in China late last year.

Published 13 Oct, 2020 06:45pm

South Asia

China tests entire city for virus as Europe tightens controls

Italy also imposed new hardened rules to control a resurgence, including an end to parties, amateur football matches and snacking at bars at night.

Published 13 Oct, 2020 06:42pm

USA

US sees slowing September inflation amid pandemic disruptions

It also shows how consumers' priorities and spending habits have changed as the US grapples with the world's worst outbreak of Covid-19.

Published 13 Oct, 2020 06:39pm

USA

Pompeo urges Armenia, Azerbaijan to implement ceasefire

"The United States calls on Azerbaijan and Armenia to implement their commitments to a ceasefire as agreed and cease targeting civilian areas, such as Ganja and Stepanakert,"

Published 13 Oct, 2020 06:19pm

Europe

UK economy to slump 9.8pc this year on virus: IMF

A contraction in gross domestic product of 9.8 percent would however be an improvement on the previous IMF forecast of 10.2 percent, the Fund added.

Published 13 Oct, 2020 06:17pm

Europe

Poland reports over 5,000 new coronavirus cases

The European Union member state announced new restrictions on Saturday to curb the spread of the novel coronavirus after reporting record infections for a fifth successive day.

Published 13 Oct, 2020 06:04pm

Europe

Russia's daily coronavirus cases, deaths rise to record highs

Anna Popova, head of the consumer safety watchdog, said on Tuesday Russia saw no need to impose restrictions on economic activity in response to the spike in cases.

Published 13 Oct, 2020 05:44pm

World

Worldwide coronavirus cases cross 37.84 million, death toll at 1,080,021

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 13 Oct, 2020 05:33pm

Asia

Malaysia reports 660 new coronavirus cases, 4 new deaths

The new infections raise Malaysia's cumulative tally to 16,880 cases, according to the health ministry.

Published 13 Oct, 2020 05:31pm

Europe

EU unity on Brexit strong, working for a fair deal, Barnier says

"Strong EU unity confirmed ahead of European Council," Michel Barnier tweeted after briefing European Affairs ministers in Luxembourg.

Published 13 Oct, 2020 05:05pm

USA

US top General declines to endorse President Trump's Afghanistan withdrawal plan

Gen. Mark A. Milley, chairman of the United States Joint Chiefs of Staff, after the Trump Administration gave a series of conflicting statements on the nature of their departure from Afghanistan, stated that the agreement between the United States and the Taliban was “conditions based”, and that they aim to “responsibly” end the war.

Published 13 Oct, 2020 04:50pm

Asia

Kyrgyz president to ask parliament for repeat vote on PM

But some lawmakers and activists have challenged the legality of its decision because it involved proxy voting by some deputies who did not attend the session.

Published 13 Oct, 2020 04:39pm

Europe

UK foreign minister Raab says hopeful of closing gap in EU talks before summit

"The scope and the prospects for a deal are there," Raab told parliament when asked to assess the likelihood of a deal being struck by the Oct. 15 summit.

Published 13 Oct, 2020 04:34pm

World

World leaders responsible for the staggering rise in natural disasters, says UN

Natural disasters have doubled up since the last 20 years which have claimed 1.23 million lives, UN said.

Published 13 Oct, 2020 02:54pm

World

India and Pakistan locked in armed skirmishes amidst pandemic, claims report

In a recent report by the Armed Conflict Location and Event Data Project (ACLED), more than 500 armed clashes and 130 fatalities in cross-border clashes between Indian and Pakistani forces have been reported since the pandemic was declared on the 11th of March.

Published 13 Oct, 2020 12:09pm

World

WHO Chief slams herd immunity as "unethical"

Director-General of the World Health Organisation, Tedros Adhanom Ghebreyesus, warned against any suggestions that COVID-19 should be allowed to spread, in the hopes of attaining herd immunity in the local populace.

Published 13 Oct, 2020 11:27am

Cotton

Coronavirus can stay up to four weeks on your mobile screens, banknotes: Study

Touchscreen devices such as mobile phones, bank ATMs, supermarket self-serve checkouts and airport check-in kiosks pose a transmission risk of SARS-CoV-2 as they are not regularly cleaned.

Updated 13 Oct, 2020 11:23am

World

India's subsonic Nirbhay cruise missile test fails following technical problems

Indian defense scientists say the cruise missile developed “engine trouble” within eight minutes of being launched

Updated 13 Oct, 2020 10:30am

USA

Trump has tested negative for Covid-19: White House doctor

Antigen tests are less sensitive than the more traditional PCR diagnostic test to low levels of virus.

Published 13 Oct, 2020 03:39am

Exchange

IMF to launch talks on new Argentina loan in November

Buenos Aires are hoping to renegotiate repayments on a $44 billion loan from the IMF in 2018.

Published 13 Oct, 2020 03:36am

World

Debt of poorest countries hit record $744bn in 2019: World Bank

China is the largest creditor, seeing its share of debt owed to all G20 countries rise to 63 percent by the end of last year from 45 percent in 2013.

Published 13 Oct, 2020 02:52am

South Asia

Top US general: Afghanistan withdrawal still 'conditions-based'

He said violence was well down from several years ago, but the decline in the last four to five months is "not significant."

Published 13 Oct, 2020 02:50am

World

Turkey restarts hunt for Mediterranean gas, reigniting Greek row

ANKARA: Turkey will redeploy the research ship at the centre of an energy row with Greece to the eastern...

Published 13 Oct, 2020 02:45am

World

Sweden, Denmark to alert UN on shock North Korea documentary

COPENHAGEN: Sweden and Denmark said Monday they would alert the United Nations and the EU on the revelations in a...

Published 13 Oct, 2020 02:45am

South Asia

Bangladesh to execute rapists after protests

DHAKA: Bangladesh introduced the death penalty for rape on Monday after days of protests sparked by a string of...

Published 13 Oct, 2020 02:45am

Europe

Two earthquakes strike off Greek island of Crete

ATHENS: Two moderate earthquakes of over 5.0 magnitude struck off the Greek island of Crete early Monday but there...

Updated 13 Oct, 2020 04:23am

South Asia

Iran says 'historic' US defeat close as arms embargo to be lifted

TEHRAN: Iran on Monday said the US was facing a "historic" defeat as an arms embargo against Tehran is to be lifted...

Published 13 Oct, 2020 02:45am

South Asia

Afghan police ordered to shoot criminals

KABUL: Afghan authorities have for the first time instructed Kabul's police force to fatally shoot armed criminals ...

Published 13 Oct, 2020 02:45am

South Asia

US strikes target Taliban as fighting rages in Afghanistan

KANDAHAR: US air strikes targeted Taliban fighters outside a key city in southern Afghanistan over the weekend,...

Published 13 Oct, 2020 02:45am

South Asia

Afghanistan withdrawal still 'conditions-based', says Top US general

WASHINGTON: The US withdrawal of more troops from Afghanistan will depend on a reduction in violence and other...

Published 13 Oct, 2020 02:45am

World

Letting virus 'run free' with eye to herd immunity 'unethical': WHO

The new coronavirus has killed well over one million people and infected more than 37.5 million since it first surfaced in China late last year.

Published 13 Oct, 2020 02:45am

World

Climate change spurs doubling of disasters since 2000: UN

Major floods had more than doubled to 3,254, there had been 2,034 major storms up from 1,457 in the prior period.

Published 13 Oct, 2020 02:40am

Europe

Belarus threatens to fire on anti-Lukashenko protesters

The protests broke out when Lukashenko claimed victory in August 9 elections over a popular opposition candidate, Svetlana Tikhanovskaya, who claims to be the true winner.

Published 13 Oct, 2020 02:34am

Europe

Thirteen drowned off Tunisia as migrant boat sinks

Those drowned included three children, including a baby less than six months old.

Published 13 Oct, 2020 02:30am

Europe

G20 eyeing six-month debt relief extension: World Bank's Malpass

Even with the pandemic still raging, he said another full year of debt suspension is unlikely.

Published 13 Oct, 2020 02:28am

USA

Battle lines drawn over Trump top court pick

The Senate is constitutionally tasked with approving nominations to the high court, where conservatives now occupy five of nine seats.

Published 13 Oct, 2020 02:26am

Europe

Czech restaurants, bars to close after virus spike

The country had 493 cases per 100,000 people, up from 398 last Friday, overtaking Belgium with 402.5 cases.

Published 13 Oct, 2020 02:24am

Africa

Thousands of indigenous people march to end Colombian violence

Despite the 2016 peace accord, dozens of armed groups remain active in Colombia fighting over the lucrative drug-trafficking trade.

Published 13 Oct, 2020 02:22am

Africa

UN urges Libyans to prioritise national interest in November talks

Tunisia is set to host talks in early November including representatives of civil society, tribesmen, political leaders, and members of bodies representing both administrations.

Published 13 Oct, 2020 02:20am

Europe

ECB policymakers wary of following Fed's route on inflation target

Policymakers fear average would tie their hands.
Lean towards 2%, symmetric target.
Question key tenet of inflation theory in review.

Published 13 Oct, 2020 12:54am

World

World Bank's Malpass says G20 may agree to only 6-month debt relief extension

Malpass, speaking to reporters as the World Bank's and International Monetary Fund's virtual annual meetings get underway.
"I think there may be compromise language that may be a six month extension (and) that it can be renewed depending on debt sustainability," Malpass said.

Published 13 Oct, 2020 12:50am

Currency

More synchronized action needed to tackle COVID crisis: IMF's Georgieva

IMF chief says gold reserves needed as 'financial buffer'
World Bank could 'do even more' - Georgieva
African states face financing gap of $345 billion through 2023.

Published 13 Oct, 2020 12:33am

Europe

Erdogan tells EU's Michel that progress needed on improving Turkey-EU ties

Erdogan told Michel in a phone call that Turkey expected "concrete steps" from the EU on holding a regional conference with eastern Mediterranean states.
"continuing steps to escalate tensions in the eastern Mediterranean despite Turkey's well-intentioned approach".

Published 13 Oct, 2020 12:31am

South Asia

India in stalemate on borrowing to help out pandemic-hit states

India's Goods and Services Tax Council, comprising federal and state finance ministers, last week extended a surcharge on luxury goods including cars.
Under the 2017 national goods and services tax (GST), the federal government was mandated to compensate states until 2022 if their revenue growth fell below 14% a year.

Published 13 Oct, 2020 12:29am

USA

US CDC reports 214,108 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by a new coronavirus.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 13 Oct, 2020 12:26am

World

White House moves forward on three arms sales to Taiwan

Three of the planned weapons sales had been approved by the US State Department which oversees Foreign Military Sales.
The US Senate Foreign Relations and House of Representatives Foreign Affairs committees have had the right to review, and block, weapons sales.

Published 13 Oct, 2020 12:07am

Europe

Number of COVID patients in French intensive care units highest in nearly 5 months

The new figure of 1,539 is still almost five times lower than an April 8 high of 7,148 but also four times higher than a July 31 low of 371.
There were 8,505 new COVID-19 infections over the past 24 hours in France, data showed.

Published 13 Oct, 2020 12:02am

Previous Day

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 6	276.86 ▼ -0.01
USD PKR Interbank Buying / Nov 6	276.66 ▼ -0.01
USD to Japanese Yen / Nov 9	158.24 ▼ -0.24
USD to Swiss Franc / Nov 9	0.82 ▼ -0.0011
Pound Sterling to USD / Nov 9	1.34 ▲ 0.0032
Euro to USD / Nov 9	1.12 ▲ 0.002
SOFR % / Nov 5	3.92 ▼ -0.02

Stock	Volume
India Sensex / Nov 9	81,014.50
Tokyo Nikkei / Nov 9	58,799.24
Hang Seng / Nov 9	24,579.29
S&P 500 / Nov 6	7,376.66
Nasdaq / Nov 6	24,579.42
FTSE 100 / Nov 6	10,673.94
Dow Jones / Nov 6	51,285.73
Germany DAX 30 / Nov 6	25,820.36
France CAC40 / Nov 6	8,139

Item	Value
Petrol/Litre / Nov 9	346
Crude Oil USD/Barrel / Nov 9	90.20
Gold Spot USD/Ounce / Nov 9	4,119.39
Diesel/Litre / Nov 9	378
Cotton US¢/pound / Nov 9	83.04
Karachi Cotton PKR/37.32 KG / Nov 6	18,080
Gold 10 Grams PKR / Nov 6	367,914

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Nov 6 Chenab Limited (Pref)(CLCPS)	4.72 ▲ 0.72 (18%)
Security Investment Bank / Nov 6 Security Investment Bank Limited(SIBL)	7.53 ▲ 1 (15.31%)
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	7.96 ▲ 1 (14.37%)
LSE Financial Serv. / Nov 6 LSE Financial Services Limited(LSEFSL)	2.63 ▲ 0.29 (12.39%)
Ningbo Green Light / Nov 6 Ningbo Green Light Energy Limited(NGLEL)	12.62 ▲ 1.15 (10.03%)
First AL-Noor Mod. / Nov 6 First Al-Noor Modaraba(FANM)	12.85 ▲ 1.17 (10.02%)
Grays Leasing / Nov 6 Grays Leasing Limited(GRYL)	80.58 ▲ 7.33 (10.01%)
J.A.Textile / Nov 6 J.A. Textile Mills Limited(JATM)	87.51 ▲ 7.96 (10.01%)
ARM Green Industries / Nov 6 ARM Green Industries Limited(ARMG)	74.56 ▲ 6.78 (10%)
Baba Farid Sugar / Nov 6 Baba Farid Sugar Mills Limited(BAFS)	459.83 ▲ 41.8 (10%)

Stock	Price
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	0.03 ▼ -0.59 (-95.16%)
Escorts Bank / Nov 6 Escorts Investment Bank Limited(ESBL)	12.14 ▼ -1.35 (-10.01%)
Sindh Modaraba / Nov 6 Sindh Modaraba(SINDM)	65.92 ▼ -7.32 (-9.99%)
Ellcot Spinning / Nov 6 Ellcot Spinning Mills Limited(ELSM)	201.59 ▼ -20.8 (-9.35%)
Unicap Modaraba / Nov 6 Unicap Modaraba(UCAPM)	19.06 ▼ -1.52 (-7.39%)
Premier Insurance (R) / Nov 6 Premier Insurance Limited (RIGHT)(PINLR)	0.65 ▼ -0.05 (-7.14%)
Pak Leather Crafts / Nov 6 Pak Leather Crafts Limited(PAKL)	67.54 ▼ -4.94 (-6.82%)
Universal Ins. / Nov 6 The Universal Insurance Company Limited(UVIC)	18.98 ▼ -1.24 (-6.13%)
Paramount Mod / Nov 6 First Paramount Modaraba(FPRM)	13.55 ▼ -0.82 (-5.71%)
Paramount Spinning / Nov 6 Paramount Spinning Mills Limited(PASM)	9.43 ▼ -0.57 (-5.7%)

Stock	Volume
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	687,381,117 ▼ -0.59
Tasdeeq Info. Serv. / Nov 6 Tasdeeq Information Services Limited(TISL)	140,783,607 ▲ 0.29
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	72,154,825 ▲ 0.08
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	47,939,154 ▲ 0.04
Media Times Ltd / Nov 6 Media Times Limited(MDTL)	41,329,381 ▼ -0.07
TPL Properties / Nov 6 TPL Properties Limited(TPLP)	25,069,293 ▲ 0.25
Trust Sec.& Brok. / Nov 6 Trust Securities & Brokerage Limited(TSBL)	24,996,297 ▲ 0.04
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,970,440 ▲ 1
Ist.Capital Sec / Nov 6 First Capital Securities Corporation(FCSC)	21,500,857 ▲ 0.23
B.O.Punjab / Nov 6 The Bank of Punjab(BOP)	21,284,920 ▼ -0.76

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