News Archives for World - 2020-11-13

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USA

Electoral Misinformation has pushed American Democracy to its brink - again

In the aftermath of a divisive Presidential Election, an unprecedented torrent of misinformation has flooded the internet, specifically based on unfounded allegations of electoral fraud - pushing the American democratic system to the brink.

Published 13 Nov, 2020 08:46pm

Currency

Vegetables lift US producer prices; trend remains moderate

Producer price index increases 0.3% in October.
PPI rises 0.5% on year-on-year basis.
Core PPI gains 0.2%; up 0.8% year-on-year.

Published 13 Nov, 2020 08:14pm

South Asia

High food prices hurting India's poor, pain to persist

The high prices are a particular cause of concern for India's hundreds of millions of poor people.
Food items such as onions, potatoes, eggs, meat and tomatoes have a nearly 46% weight in India's retail inflation basket.

Published 13 Nov, 2020 07:44pm

Europe

IMF more upbeat on Spain's 2020 GDP slump, cautious on 2021 rebound

The fourth quarter could however still undermine growth projections for 2021, the IMF said.
The IMF did not give a new forecast for this year, even if it said it could be better than it had initially predicted.

Published 13 Nov, 2020 07:17pm

World

North Korean, Russian hackers target COVID-19 researchers: Microsoft

Microsoft said the majority of the targets were organizations that were in the process of testing COVID-19 vaccines.
North Korea's representative to the United Nations did not immediately respond to messages seeking comment.

Published 13 Nov, 2020 07:06pm

USA

Biden cements victory by winning Arizona, but Trump still refuses to concede

Biden was projected to win Arizona after more than a week of vote counting from the Nov. 3 election, Edison Research said.
Biden had already cleared the 270 vote threshold to win the election, setting him on course to be sworn in on Jan. 20.

Published 13 Nov, 2020 06:18pm

South Asia

Iran considering total lockdown in Tehran

The Middle East country worst hit by Covid-19, had identified 11,737 new cases of COVID-19 in the last 24 hours,
the government imposed restrictions for one month requiring all non-essential businesses to close at 6 p.m. in major cities.

Published 13 Nov, 2020 06:05pm

World

Vaccine alliance secures $2bn to fund COVID shots for poor nations

COVAX facility exceeds initial $2 bln funding target.
Will enable purchase of initial 1 billion vaccine doses.
Another $5 billion will also be needed in 2021.
Pfizer and BioNTech express interest in vaccine supply.

Published 13 Nov, 2020 06:01pm

Europe

Twelve charged in Germany with plotting mosque attacks, murders

They aimed through attacks on mosques and the killing and wounding of as many Muslims as possible to create civil war-like conditions,
The suspects are all Germans and all but one of them has been detained. The twelfth is still at large.

Published 13 Nov, 2020 05:27pm

Europe

France's COVID-19 'Ground Zero' turns saviour in second wave

The same helicopters that in the spring were flying patients out of this region in eastern France have instead been fetching patients with COVID-19 from elsewhere and bringing them in for treatment.
"We relied on others during the first wave, so now we have the wherewithal to receive and treat people, it's good for us to take part and take the burden off others."

Published 13 Nov, 2020 05:21pm

World

Seven peacekeepers, including five Americans, killed in Sinai helicopter crash

Those killed were five Americans, a French national and a Czech national, all of them military service members, the MFO said in a statement. It added that one American MFO member survived and was medically evacuated.

Published 13 Nov, 2020 04:17pm

USA

President Trump could damage the fabric of democracy in the U.S., according to experts

According to experts, President Trump's unrepentant efforts to overturn the outcome of the 2020 Election could potentially damage the fabric of the nation's democracy and set a dangerous political precedent, even if the strategy is unlikely to succeed.

Updated 13 Nov, 2020 05:13pm

World

California becomes second US state to top 1mn COVID-19 cases

Over 5,000 new cases and 18 new deaths have been reported so far on Thursday, for a total of 1,000,631 confirmed cases and 18,126 deaths statewide.

Updated 13 Nov, 2020 03:21pm

World

China congratulates Joe Biden, Kamala Harris several days after election

China was among a handful of major countries including Russia and Mexico, which avoided congratulating Biden last week.

Published 13 Nov, 2020 02:38pm

World

MI, UP police unfold mega ‘army recruitment scam’ in India

The investigators suspect that several anti-national forces including Pakistan’s spy agency Inter-Services Intelligence (ISI) may have sneaked in their men into the army.

Published 13 Nov, 2020 02:32pm

USA

Major Pentagon shuffling continues, as Trump Administration refuses to budge

Chairman of the Joint Chiefs of Staff Gen. Mark Milley, amidst sweeping changes in the national security sphere by the Trump Administration, stated at an event on Wednesday that his allegiance does not lie with a President or a tyrant, but solely with the constitution.

Updated 13 Nov, 2020 02:49pm

USA

State Department Blocking Access to Correspondence from Foreign Leaders for the President-elect

The U.S. State Department has been preventing President-elect Joe Biden from accessing messages from foreign leaders, highlighting the Trump Administration's blatant unwillingness to facilitate the transition process.

Updated 13 Nov, 2020 01:47pm

Kerb

Zuckerberg defends not suspending ex-Trump aide Bannon from Facebook

Zuckerberg acknowledged criticism of Facebook by President-elect Joe Biden but said the company shared some of the Biden team's same concerns about social media

Published 13 Nov, 2020 12:25pm

Middle East

Saudi will strike those who threaten its security, crown prince warns

Saudi Arabia will strike those who threaten the kingdom’s security and stability with an “iron fist”, the crown prince said on Thursday, one day after an attack on a Remembrance Day ceremony injured two in the kingdom.

Published 13 Nov, 2020 11:05am

USA

Pope congratulates Joe Biden

WASHINGTON: Pope Francis spoke with Joe Biden by telephone Thursday to offer “blessings and congratulations” to...

Published 13 Nov, 2020 02:57am

World

Biden names chief of staff

WASHINGTON: US President-elect Joe Biden pressed ahead with his transition Wednesday despite Donald Trump’s ...

Published 13 Nov, 2020 02:57am

World

Global daily coronavirus deaths top 10,000

PARIS: More than 10,000 people worldwide have died from the novel coronavirus in the last 24 hours as both Europe ...

Updated 13 Nov, 2020 03:27am

World

Women, Islamists lose seats in Jordan vote

AMMAN: Women and Islamists lost out in Jordan’s parliamentary vote this week, according to results announced...

Published 13 Nov, 2020 02:57am

World

Iran captures Arab separatist leader linked to military parade attack

DUBAI: Iran’s intelligence ministry has arrested an Iranian ethnic Arab separatist leader suspected of involvement...

Updated 13 Nov, 2020 03:27am

World

Major floods in Manila as typhoon batters Philippines

MANILA: The third typhoon to hit the storm-battered Philippines in as many weeks caused major flooding in Manila on...

Published 13 Nov, 2020 02:57am

World

UK summons China envoy over alleged treaty breach in Hong Kong

LONDON: Britain on Thursday summoned China’s top diplomat in London after accusing Beijing of breaking its...

Updated 13 Nov, 2020 03:27am

World

Shots fired at Saudi embassy in Netherlands

THE HAGUE: Several shots were fired at the Saudi embassy in the Dutch city of The Hague on Thursday, causing damage...

Published 13 Nov, 2020 02:57am

World

North Korea slams UN nuclear agency as ‘marionette’ of West

UNITED NATIONS: North Korea has accused the UN agency responsible for regulating atomic energy of being a puppet of...

Published 13 Nov, 2020 02:57am

World

6 Americans among 8 dead in Sinai helicopter crash

CAIRO: A helicopter crash in Egypt’s Sinai Peninsula involving a multi-national observer force killed eight people...

Published 13 Nov, 2020 02:57am

World

Boeing lifts China plane demand outlook

BEIJING: Plane-making giant Boeing said Thursday it expects China to buy more than 8,600 new aeroplanes worth $1.4...

Published 13 Nov, 2020 02:57am

World

US, French investors freed from house arrest in Russia

MOSCOW: Russia’s Supreme Court Thursday ruled to release from house arrest US financier Michael Calvey and French...

Published 13 Nov, 2020 02:57am

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 6	158.48 ▲ 0.94
USD to Swiss Franc / Nov 6	0.82 ▲ 0.0045
Pound Sterling to USD / Nov 6	1.34 ▼ -0.01
Euro to USD / Nov 6	1.11 ▼ -0.0077
SOFR % / Nov 5	3.92 ▼ -0.02

Stock	Volume
S&P 500 / Nov 6	7,376.66
India Sensex / Nov 6	81,028.02
Tokyo Nikkei / Nov 6	57,434.77
Nasdaq / Nov 6	24,579.42
Hang Seng / Nov 6	24,481.86
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 8	346
Diesel/Litre / Nov 8	378
Crude Oil USD/Barrel / Nov 6	90.83
Karachi Cotton PKR/37.32 KG / Nov 6	18,080
Gold 10 Grams PKR / Nov 6	367,914
Gold Spot USD/Ounce / Nov 6	4,070.80
Cotton US¢/pound / Nov 6	82.79

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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