LONDON (AFP) – European stocks fell sharply in early trading on Monday, following widespread losses as countries sought to contain the spread of the Omicron coronavirus type. In early trading, London’s benchmark FTSE 100 index fell 1.9 percent to 7,133.15 points, compared to Friday’s close. In the eurozone, the CACContinue Reading
STANBUL, Turkey (AFP) – The struggling Turkish lira fell another 5% versus the dollar on Monday as President Recep Tayyip Erdogan used Islamic principles to justify not hiking interest rates to stabilise the currency. Despite the fact that the annual rate of inflation has risen to more than 20%, ErdoganContinue Reading
WASHINGTON: On Saturday, the World Bank’s Board of Executive Directors authorised $195 million in funding to assist Pakistan in strengthening power distribution and implementing energy sector reforms to improve customer service quality. The Electricity Distribution Efficiency Improvement Project (EDEIP), according to a statement issued by the international financial institution, willContinue Reading
DHAKA: India defeated Pakistan 3-1 in the Men’s Asian Champion’s Trophy 2021 on Friday. The much-anticipated battle between the two great fighters and titleholders took place in Dhaka, Bangladesh. India seized the lead in the first quarter, scoring 1-0 against their archrival, but Pakistan’s Junaid Manzoor scored a goal inContinue Reading
Ayesha Omar, an actress, has found herself in hot water when a video of her dancing at a wedding went viral. Ayesha, dressed in a sleeveless black lehanga choli, danced to Munni Badnaam at a friend’s wedding. “This was a lot of fun. With my insane work schedule, we hardlyContinue Reading
Following a spat between former Indian captain Virat Kohli and Board of Control for Cricket in India (BCCI) President Sourav Ganguly, the latter attempted to clear the air on social media, stating, “let’s not take this forward.” “Let’s not take this any further,” Ganguly told an Indian news site. IContinue Reading
PESHAWAR: Today is the first day of the first phase of local government elections in Khyber Pakhtunkhwa’s 17 districts (Sunday). The remainder of KP will go to the elections next month. The polls opened at 8 a.m. and will remain open until 5 p.m. Strict security measures have been putContinue Reading
SLAMABAD: Pakistan is hosting the 17th emergency session of the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers today (Sunday) to discuss the deteriorating humanitarian situation in Afghanistan. The session was called at the request of the Kingdom of Saudi Arabia, which serves as the OIC Summit Chair. PrimeContinue Reading
ISLAMABAD: Prime Minister Imran Khan received a team from the Organization of Islamic Cooperation (OIC) member nations on Saturday ahead of the 17th Extraordinary Session of the OIC Council of Foreign Ministers, which is set to take place at Parliament House on Sunday. The session has been called at theContinue Reading
KARACHI: On Saturday, at least 16 people were murdered and more than a dozen more were injured in a bomb at Paracha Chowk in the city’s Shershah neighbourhood. PTI MNA Alamgir Khan’s father was among those killed in the incident, according to PTI-Karachi President MPA Khurram Sher Zaman, while worriesContinue Reading
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