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Print - 2018-12-23
Afghan peace effort: FM terms US troops' withdrawal a 'step forward'

Afghan peace effort: FM terms US troops' withdrawal a 'step forward'

Pakistan on Saturday welcomed President Donald Trump's decision to slash US troop numbers in Afghanistan, calling it a step towards peace in the war-torn nation. The decision to pull around half of the 14,000 American troops in Afghanistan has stunned and
Published 23 Dec, 2018 12:00am
Desire of amity not be construed as weakness: CoAS

Desire of amity not be construed as weakness: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa Saturday said that "Pakistan is a peace-loving country and believes in peace within and peace without." He stated in an address to the "Passing out Parade" held at Naval Academy, Karachi. He said Pakist
Published 23 Dec, 2018 12:00am
Six freedom fighters killed in IHK

Six freedom fighters killed in IHK

Indian soldiers on Saturday killed six freedom fighters in Indian-held Kashmir during a brief firefight, officials said, sparking clashes between protestors and police. All six freedom fighters belonged to Ansar Ghazwat-ul-Hind, a small Kashmiri rebel gro
Published 23 Dec, 2018 12:00am
TCP completes import of 0.1 million tons of urea

TCP completes import of 0.1 million tons of urea

Following the directives of the federal government, the Trading Corporation of Pakistan (TCP) has successfully completed the import of some 0.1 million tons of urea. The National Fertilizer Development Corporation (NFDC) estimated some urea shortage in th
Published 23 Dec, 2018 12:00am
US government partially shuts as Congress, Trump fail to reach deal

US government partially shuts as Congress, Trump fail to reach deal

The US government began a Christmas shutdown early Saturday, after Congress adjourned without passing a federal spending bill or addressing President Donald Trump's demand for money to build a border wall. Operations for several key agencies ceased at 12:
Published 23 Dec, 2018 12:00am
Anonymized data: WB analysis to help ascertain tax trends

Anonymized data: WB analysis to help ascertain tax trends

The tax gap analysis by the World Bank (WB) on the basis of anonymized data of taxpayers' returns is doable and will help government ascertain tax trends in various sectors of the economy as well as to make realistic revenue projections. Sources in the Fe
Published 23 Dec, 2018 12:00am
Iran executes trader dubbed 'Sultan of Bitumen'
Currency

Iran executes trader dubbed 'Sultan of Bitumen'

Iran executed a trader known as the "Sultan of Bitumen" on Saturday over charges of fraud and large-scale smuggling of the oil product, the judiciary's news agency Mizan online reported. Hamidreza Bagheri Dermani, 49, is the third businessman to be execut
Published 23 Dec, 2018 12:00am
UN team arrives in Yemen to monitor Hodeida ceasefire

UN team arrives in Yemen to monitor Hodeida ceasefire

A United Nations team arrived in Yemen on Saturday to monitor a fragile ceasefire in the rebel-held city of Hodeida, the latest push to secure peace in the devastated country. It comes a day after the UN Security Council unanimously approved a resolution
Published 23 Dec, 2018 12:00am
No compromise on accountability, says PM

No compromise on accountability, says PM

Prime Minister Imran Khan Saturday said reforms will be introduced in different sectors, for providing relief to the common man, as pivot of policies of the PTI-led government is service to the countrymen. Speaking at a ceremony on Saturday in connection
Published 23 Dec, 2018 12:00am
Imran vows to resolve ST refund issue soon

Imran vows to resolve ST refund issue soon

Prime Minister Imran Khan on Saturday assured the business community of resolving the issue of sales tax refund soon and providing an environment conducive for industry. He was addressing a ceremony jointly organized by All Pakistan Textile Mills Associat
Published 23 Dec, 2018 12:00am
Will Sanam Bhutto be given important task if Zardari arrested?

Will Sanam Bhutto be given important task if Zardari arrested?

Sanam Bhutto has arrived in Pakistan and met her nephew Bilawal Bhutto-Zardari amid the speculation that her brother-in-law Asif Ali Zardari may be arrested on corruption charges. Aaj News reported on Saturday that Sanam Bhutto, the younger sister of slai
Published 23 Dec, 2018 12:00am
Shahbaz summons NAB, FIA officials at maiden PAC meeting

Shahbaz summons NAB, FIA officials at maiden PAC meeting

Public Accounts Committee chairman Shahbaz Sharif has called the first meeting of the parliamentary watchdog on December 28. Officials of National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) have also been directed to attend the mee
Published 23 Dec, 2018 12:00am
Dost Mohammad Khosa joins PPP

Dost Mohammad Khosa joins PPP

Former Chief Minister Punjab Dost Mohammad Khosa met PPP co-chairman Asif Ali Zardari and announced to join Pakistan Peoples Party, Aaj News reported on Saturday. Son of the veteran politician Sardar Zulfiqar Khosa, Dost Mohammad hails from Dera Ghazi Kha
Published 23 Dec, 2018 12:00am
Shahbaz, Fawad, Cheema named in NAB's Ashiana scam reference

Shahbaz, Fawad, Cheema named in NAB's Ashiana scam reference

National Accountability Bureau (NAB) on Saturday filed a supplementary reference against Pakistan Muslim League-Nawaz (PML-N) president and Leader of the Opposition Shahbaz Sharif, former prime minister Nawaz Sharif's principal secretary Fawad Hassan Fawa
Published 23 Dec, 2018 12:00am
France's 'yellow vests' block borders ahead of Christmas

France's 'yellow vests' block borders ahead of Christmas

Three days from Christmas, French "yellow vests" turned out in small numbers for a sixth Saturday of protests in cities and border points as a fatal road accident brought the death toll to 10 since the movement began last month. Near the border between Fr
Published 23 Dec, 2018 12:00am
Russia warns of global conflict over nuclear pact collapse

Russia warns of global conflict over nuclear pact collapse

Russia said on Saturday that the scrapping of a Cold War era nuclear pact may lead to an arms race and direct confrontation between several global regions, after a proposal by Moscow was rejected in a United Nations vote. Moscow had put forward a resoluti
Published 23 Dec, 2018 12:00am
Reformist Saudi Prince Talal bin Abdul Aziz dies

Reformist Saudi Prince Talal bin Abdul Aziz dies

Saudi Prince Talal bin Abdul Aziz, a half brother of King Salman, died on Saturday at the age of 87, his billionaire son said. "Prince Talal was called by God on Saturday," Prince Al-Waleed bin Talal wrote on Twitter. The family will receive condolences o
Published 23 Dec, 2018 12:00am
Drug addiction in schools

Drug addiction in schools

For State Minister for Interior, Shahryar Afridi, it was just another day and just another function, but he must say something which should make it to front-pages and TV breaking news. And he did just that the other day - by claiming that 75 percent femal
Published 23 Dec, 2018 12:00am
University at the PM House

University at the PM House

True to his promise of converting the sprawling Prime Minister's House into a university, Prime Minister Imran Khan formally launched the Islamabad National University (INU) at a two-day international conference entitled "Emerging challenges and opportuni
Published 23 Dec, 2018 12:00am
Time up for fiscal integration - II

Time up for fiscal integration - II

As the tentative deadline (Feb 25, 2019) for integrating the FBR, the PRAs and the MCBs is very close, it is high time for the PTI Government to immediately start taking concrete steps towards badly needed fiscal integration. It should not be a big job to
Published 23 Dec, 2018 12:00am
US pullout strengthens Iran 'land bridge'

US pullout strengthens Iran 'land bridge'

President Donald Trump's decision to withdraw US troops from Syria risks shattering a cornerstone of Washington's Middle East policy by allowing Iran to consolidate a "land bridge" to the Mediterranean.
Published 23 Dec, 2018 12:00am
US shoppers fight back against 'porch pirates'

US shoppers fight back against 'porch pirates'

With the holidays in full swing, Americans are bracing themselves for the seasonal onslaught of a new kind of Grinch trying to steal Christmas: the so-called "porch pirate."
Published 23 Dec, 2018 12:00am
Ailing energy sector - I

Ailing energy sector - I

The news coverage "Power sector suffered from inefficiencies: WB expert" (BR Dec 13), confirming that power sector inefficiencies that cost the economy US$ 18 billion in 2015 really touches the visible peak of the iceberg!
Published 23 Dec, 2018 12:00am
Rahman Baba Express train being launched today: Rasheed

Rahman Baba Express train being launched today: Rasheed

Federal Minister for Railways, Sheikh Rasheed Ahmed said on Saturday that the new Rahman Baba Express train between Peshawar to Karachi will be formally launched for low income passengers today. Speaking to media persons after attending a meeting at PR di
Published 23 Dec, 2018 12:00am
PTI government have no choice but to approach IMF: Hamza

PTI government have no choice but to approach IMF: Hamza

Terming 100 days performance of the PTI-led government as highly deplorable and directionless, Opposition Leader in the Punjab Assembly Hamza Shahbaz on Saturday said that the government is bound to approach the IMF to meet the deficit.
Published 23 Dec, 2018 12:00am
Pakistan slams Indian brutalities in IHK

Pakistan slams Indian brutalities in IHK

Pakistan on Saturday strongly condemned the continuing brutal massacre of innocent Kashmiri people by India troops and urged the UN Secretary General and world human rights champions to prevail upon India to halt the bloodshed.
Published 23 Dec, 2018 12:00am
Khawaja Asif to return soon

Khawaja Asif to return soon

Former minister and Pakistan Muslim league (PML-N) leader Khawaja Asif has dismissed reports that he has fled the country, saying he is visiting his daughters in the US and will return soon. Talking to a private TV channel Khawaja Asif revealed the purpos
Published 23 Dec, 2018 12:00am
Carjacking, robberies on the rise in Capital

Carjacking, robberies on the rise in Capital

The incidents of robbery, snatching at gunpoint and motor vehicle thefts significantly increased in federal capital as over 20 cases of various kind of theft and 11 cases of car lifting were reported to various police stations of the city during last week
Published 23 Dec, 2018 12:00am
LCCI's Progressive Group voices concern over 'mini-budget'

LCCI's Progressive Group voices concern over 'mini-budget'

Progressive Group in the Lahore Chamber of Commerce & Industry (LCCI) expressed concern over the federal finance minister's statement about the government intention to present a 'mini-budget' through 'money bill' next month besides imposing or increasing
Published 23 Dec, 2018 12:00am
PHC makes video conferencing arrangements

PHC makes video conferencing arrangements

The Peshawar High Court (PHC) has become a pioneer to introduce Video Conferencing technology for simultaneously holding timely and swift meetings and conferences with District and Sessions Judges in 27 districts of the province.
Published 23 Dec, 2018 12:00am
KMBL to expand scope of digital financial services

KMBL to expand scope of digital financial services

The digital financial services like digital lending will expand the scope of services to be offered by Khushhali Microfinance Bank Limited (KMBL) to its customers. "The digital lending will help establishing market linkages for small farmers and businesse
Published 23 Dec, 2018 12:00am
Government must act to arrest steep decline in leather exports: PLGMEA

Government must act to arrest steep decline in leather exports: PLGMEA

Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) has expressed concern over the steep decline in leather-related exports due to continuous ignorance and lack of planning by the successive governments. This was expressed by PLGMEA's
Published 23 Dec, 2018 12:00am
BISP's board meeting to review welfare programmes

BISP's board meeting to review welfare programmes

The Benazir Income Support Programme (BISP) management is planning to review all its welfare programmes in its board meeting which is scheduled to be held on Monday. A senior official of the BISP told Business Recorder on Saturday that all welfare
Published 23 Dec, 2018 12:00am
PBC condemns Professor Javaid's death in NAB custody

PBC condemns Professor Javaid's death in NAB custody

The vice-chairman Pakistan Bar Council (PBS) Kamran Murtaza and its executive committee chairman Shabir Seher have strongly condemned death of Prof Mian Javaid Ahmed, former head of Lahore Campus of the University of Sargodha while in NAB custody.
Published 23 Dec, 2018 12:00am
Man climbs to mobile tower, demands to handpick him as PM

Man climbs to mobile tower, demands to handpick him as PM

A man on Saturday climbed to the top of a mobile tower located in the heart of capital city with a national flag and demanded to handpick him as prime minister of the country. Police said that the man belonging to Sargodha climbed up a cell phone tower in
Published 23 Dec, 2018 12:00am
LB polls in KP's 22 districts today

LB polls in KP's 22 districts today

Polling on 139 vacant seats of local government in 22 districts of Khyber Pakhtunkhwa will be held today (Sunday). According to Provincial Election Commission, polling will start at 08:00 in the morning and will continue till 04:00 pm without any break. 1
Published 23 Dec, 2018 12:00am
Over 1,590 awarded degrees at KU's 29th convocation

Over 1,590 awarded degrees at KU's 29th convocation

Vice Chancellor University of Karachi Prof Dr Ajmal Khan formally requested the Governor Sindh to ensure immediate release of Rs9 billion for the construction of KU hospital, medical and dental college that was promised by former prime minister under Kara
Published 23 Dec, 2018 12:00am
JI chief criticizes PTI government

JI chief criticizes PTI government

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that if the PTI government could not solve people's problems, it should admit its failure. While addressing a press conference at Darul-Salam, he said that the masses had not voted for the PTI to unl
Published 23 Dec, 2018 12:00am
ICT police devise security plan for Christmas

ICT police devise security plan for Christmas

Islamabad Police have devised a foolproof security strategy for Christmas in the federal capital, under which over 1,000 security personnel including lady police will perform their duties in different parts of the city.
Published 23 Dec, 2018 12:00am
Palatial bungalow can be declared jail if you are rich, powerful: Fawad

Palatial bungalow can be declared jail if you are rich, powerful: Fawad

Minister for Information and Broadcasting Fawad Chaudhry on Saturday took a dig at the incarceration of Leader of the Opposition Shahbaz Sharif in his residence in the Ministers' Enclave in Islamabad. Responding to one of his followers on Twitter, who sla
Published 23 Dec, 2018 12:00am
Qaim moves SHC to seek pre-arrest bail

Qaim moves SHC to seek pre-arrest bail

Syed Qaim Ali Shah, former chief minister Sindh, has approached Sindh High Court to seek pre-arrest bail after National Accountability Bureau (NAB) served him a call-up notice in connection with violation of rules in allotment of Malir River land. On beha
Published 23 Dec, 2018 12:00am
Customs value of mini-trucks/pickup, cargo trucks revised

Customs value of mini-trucks/pickup, cargo trucks revised

Directorate General Customs Valuation (DGCV) has revised the customs values of mini-trucks/pickup and cargo truck with full/dump body under section 25 (9) of the Customs Act, 1969. According to details, the customs values of mini-trucks/pickup and cargo t
Published 23 Dec, 2018 12:00am
Several healthcare plans under way in Punjab: Dr Yasmin

Several healthcare plans under way in Punjab: Dr Yasmin

Punjab Minister for Health Dr Yasmin Rashid has said that Punjab government introducing various reforms to provide the best working environment to the doctors for ensuring prompt and effective service delivery in healthcare.
Published 23 Dec, 2018 12:00am
E&T department fails to issue smart cards

E&T department fails to issue smart cards

The Excise and Taxation department failed to start issuing smart cards despite piling up of 10,000 demands in last three days. It may be noted that Chief Minister Punjab Usman Buzdar had inaugurated the system of smart cards four days ago. Not a single sm
Published 23 Dec, 2018 12:00am
Prices of essential kitchen items witness mixed trend

Prices of essential kitchen items witness mixed trend

Prices of essential kitchen items have witnessed a mixed trend during this week as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, eggs, chicken,
Published 23 Dec, 2018 12:00am
Bad weather alert: Farmers advised to protect crops and nurseries

Bad weather alert: Farmers advised to protect crops and nurseries

Farmers should step up measures to protect crops and nurseries from extreme weather, as fog is expected to grow across the central parts of the country, the Met Office alerted. It termed dry weather as primary reason behind scaled up fog in the central pa
Published 23 Dec, 2018 12:00am
Workshop on leather products held

Workshop on leather products held

A one-day workshop on Advances in Cleaner Production for leather sector and introduction of Best Available Techniques and practices was held at the Pakistan Gloves Manufacturers and Exporters Association here. Four key initiatives like awareness promotion
Published 23 Dec, 2018 12:00am
South Punjab province top priority of PTI government: CM

South Punjab province top priority of PTI government: CM

Punjab Chief Minister Usman Buzdar on Saturday asserted that a new province will be the first priority of PTI government. Speaking at the special ceremony regarding the first 100 days of Punjab Government in Lahore, he announced that South Punjab secretar
Published 23 Dec, 2018 12:00am
Nisar for carrying out indiscriminate accountability

Nisar for carrying out indiscriminate accountability

Stressing upon the need of indiscriminate accountability, disgruntled Pakistan Muslim League-Nawaz (PML-N) leader Chaudhry Nisar Ali Khan on Saturday said that credibility of accountability could only be restored by across-the-board accountability in the
Published 23 Dec, 2018 12:00am
Sikh community lauds Pakistan's gesture of opening Kartarpur corridor

Sikh community lauds Pakistan's gesture of opening Kartarpur corridor

To extend gratitude to the Pakistani government on its decision to open Kartarpur corridor, the Sikh community organised a special ceremony in Southall, London. According to details, the Sikh community termed the decision of Prime Minister Imran Khan to o
Published 23 Dec, 2018 12:00am
First online kiosk machine of E&T department installed at FCCI

First online kiosk machine of E&T department installed at FCCI

First online kiosk machine of the Excise and Taxation Department Faisalabad has been installed at Faisalabad Chamber of Commerce & Industry (FCCI). It will facilitate the business community to get challan forms instantly for the payment of property tax in
Published 23 Dec, 2018 12:00am
Saad, Salman Rafique's physical remand extended till January 5

Saad, Salman Rafique's physical remand extended till January 5

The National Accountability Bureau (NAB) team produced Khawaja Saad Rafique and Salman Rafique before Accountability Court in Lahore Saturday. The NAB, upon end of previous remand, requested the court to grant 15-day extension in physical remand of Khawaj
Published 23 Dec, 2018 12:00am
Governor Sindh inaugurates 'Panahgah' at Civil Hospital

Governor Sindh inaugurates 'Panahgah' at Civil Hospital

Governor Sindh Imran Ismail Saturday inaugurated shelter home (Panah Gah) near Trauma Centre, Civil Hospital Karachi. The temporary setup has been made for the women and children accompanying with their patients especially from the far-flung areas of the
Published 23 Dec, 2018 12:00am
IHC rejects Dr Shahid's bail plea

IHC rejects Dr Shahid's bail plea

The Islamabad High Court (IHC) on Saturday dismissed the bail plea filed by known anchorperson Dr. Shahid Masood who is imprisoned at Adiala Jail over charge of committing corruption as Pakistan Television Corporation (PTV) managing director. Islamabad Hi
Published 23 Dec, 2018 12:00am
NED University campus to turn into carbon-neutral zone by 2021

NED University campus to turn into carbon-neutral zone by 2021

The NED University of Engineering & Technology has actively started working on a plan to make its campus a carbon-neutral zone by the year 2021 when the university will be commemorating the centennial year of its foundation. A carbon-neutral environment m
Published 23 Dec, 2018 12:00am
Maldivan delegation visits KCCI
Cotton

Maldivan delegation visits KCCI

"This is the right time to strengthen cooperation between Pakistan and Maldives as new governments have recently assumed charge in both countries", said leader of delegation and Member of Maldivian Parliament Abdul Bari Abdulla. Speaking at a meeting of K
Published 23 Dec, 2018 12:00am
'Dream to set up mother, child hospitals about to come true'

'Dream to set up mother, child hospitals about to come true'

Punjab Health Minister Dr Yasmin Rashid has said that dream of establishing mother and child hospitals is about to come true, as PC-I of the project is being prepared. "Although the Punjab government would provide sources for the scheme, however, any coop
Published 23 Dec, 2018 12:00am
Call to register thalassaemia patients in health insurance scheme

Call to register thalassaemia patients in health insurance scheme

Corporate Social Responsibility (CSR) and Corporate Social Investment (CSI) Activist on Thalassemia Eradication from Pakistan, Ateeq Ur Rehman has urged the Chief Minster Sindh Murad Ali Shah and Health Minister, Dr Azra Fazal Pechuho to include registrat
Published 23 Dec, 2018 12:00am
Pakistan to be part of developed countries: Sarwar

Pakistan to be part of developed countries: Sarwar

Punjab Governor Chaudhry Muhammad Sarwar has said that Pakistan will be the part of developed countries under Prime Minister Imran Khan's leadership. He said the country is fast coming out of a crisis like situation with the financial help of friendly cou
Published 23 Dec, 2018 12:00am
Pakistan can earn substantial forex through seafood exports: LCCI VP

Pakistan can earn substantial forex through seafood exports: LCCI VP

Vice President of the Lahore Chamber of Commerce & Industry Faheem-ur-Rehman Saigal has said that Pakistan could have earned substantial amount of foreign exchange through exports of seafood items that stayed at $451.026 million during the fiscal year 201
Published 23 Dec, 2018 12:00am
Drive to curb sale of fake, substandard drugs launched

Drive to curb sale of fake, substandard drugs launched

The district administration has launched action to curb sale of fake and substandard medicines in Bajaur tribal district. An official of the administration told reporters on Saturday that the action has been launched following public complaints about grow
Published 23 Dec, 2018 12:00am
BISP beneficiaries contribute Rs 8 million sales

BISP beneficiaries contribute Rs 8 million sales

Nestlé Pakistan, in collaboration with Benazir Income Support Program (BISP), organized a visit of leading women parliamentarians to its Rural Sales Program in Pindi Bhattian. These included: Kanwal Shauzab, MNA and Parliamentary Secretary, Ministry of Pl
Published 23 Dec, 2018 12:00am
NDMA chief elected vice chair of APDIM governing council

NDMA chief elected vice chair of APDIM governing council

During the third session of Governing Council of Asia and Pacific Centre for Development of Disaster Information Management (APDIM), Lt-Gen Omar Mahmood Hayat, the chairman National Disaster Management Authority (NDMA) was elected as vice chair of the cou
Published 23 Dec, 2018 12:00am
PFA seals four butchers shops

PFA seals four butchers shops

Punjab Food Authority (PFA) on Saturday issued results of sampling carried out of ice creams and frozen desserts belonging to 156 different brands out of which 47 samples failed to come up to the standards. Products which could not meet the definition of
Published 23 Dec, 2018 12:00am
West Indies win T20 series

West Indies win T20 series

Keemo Paul grabbed a record 5-15 and Evin Lewis smashed 89 off 36 balls as the West Indies beat Bangladesh by 50 runs in the third and final Twenty20 in Dhaka on Saturday to win the series 2-1. Lewis guided West Indies to 190 in 19.2 overs despite a late
Published 23 Dec, 2018 12:00am
Griezmann fires Atletico level with Barcelona

Griezmann fires Atletico level with Barcelona

Atletico Madrid moved level on points with La Liga leaders Barcelona after Antoine Griezmann's second-half penalty was enough to see off Espanyol 1-0 on Saturday. Griezmann smashed home from the spot 10 minutes after the break to give Diego Simeone's side
Published 23 Dec, 2018 12:00am
Real see off Al Ain to clinch third straight Club World Cup

Real see off Al Ain to clinch third straight Club World Cup

Real Madrid eased to a third straight Club World Cup title as Luka Modric and Sergio Ramos scored in a 4-1 final victory over home team Al Ain in Abu Dhabi on Saturday. The European champions have struggled at times this season but had little trouble in b
Published 23 Dec, 2018 12:00am
US Consulate team meets PCB chairman

US Consulate team meets PCB chairman

A team from US Consulate including US Consulate Counsel General Colleen Crenwelge, Public Affairs Officer Michael Guinan and ARSO Cairo Moorman called on the Chairman PCB Ehsan Mani and discussed different matters pertaining to cricket. After meeting the
Published 23 Dec, 2018 12:00am
Bancroft reveals he almost gave up cricket for yoga

Bancroft reveals he almost gave up cricket for yoga

Disgraced Australian player Cameron Bancroft Saturday said he was a vastly different person to the one caught ball-tampering and revealed he considered walking away from cricket to become a yoga teacher. The opener received a nine-month ban from the inter
Published 23 Dec, 2018 12:00am
China trade war rattles investors in new US soya processing plants

China trade war rattles investors in new US soya processing plants

The US-China trade war is spooking potential investors in soyabean crushing plants planned for Wisconsin and New York state, developers said, casting doubt on the future of a sector that had been a rare bright spot in the US farm economy.
Published 23 Dec, 2018 12:00am
Heavy rains in Argentina could be good news for soya-hungry China

Heavy rains in Argentina could be good news for soya-hungry China

Rainstorms are sweeping Argentina's soya belt, building soil moisture needed to guarantee good yields when crops blossom in February and providing some cushion for China to buy should its trade war with the United States continue to limit US supplies.
Published 23 Dec, 2018 12:00am
Brazil agriculture commodities exports seen up

Brazil agriculture commodities exports seen up

Brazilian agricultural commodities exports are forecast to rise to as much as $102 billion this year, driven by a growing world urban population and resilient demand from China, which is embroiled in a trade spat with the United States. The country's agri
Published 23 Dec, 2018 12:00am
Coffee supply to exceed demand by 10.9 million bags

Coffee supply to exceed demand by 10.9 million bags

Global production of coffee will exceed demand by 10.9 million 60-kg bags in 2018/19, the US Department of Agriculture (USDA) said on Friday in its second forecast for the crop year, as Brazilian and Vietnamese output reach record highs.
Published 23 Dec, 2018 12:00am
Heavy rains to slash Nigeria's cocoa output by 10 percent

Heavy rains to slash Nigeria's cocoa output by 10 percent

Weak yield from Nigeria's cocoa main crop harvest led to a drop in country's overall output for the 2017/18 season with heavy rains in some regions and aging trees partly to blame, an industry body told Reuters. Total output for the season is expected to
Published 23 Dec, 2018 12:00am
Thai sugar output seen down

Thai sugar output seen down

Thailand's sugar production in the 2018/19 season is seen falling 7.5 percent to 13.5 million tonnes from the previous season's record-high level, the country's cane and sugar body told Reuters on Wednesday. Thailand, the world's second-largest sugar expo
Published 23 Dec, 2018 12:00am
Kurdish official calls on US to stop Turkish offensive

Kurdish official calls on US to stop Turkish offensive

A senior Kurdish official on Saturday urged the United States to stop Turkey launching an offensive against Kurdish areas in northern Syria, after Washington announced the withdrawal of American troops. The US has for years supported the Kurdish-led Syria
Published 23 Dec, 2018 12:00am
Top US envoy in fight against IS group resigns

Top US envoy in fight against IS group resigns

Brett McGurk, the special US envoy to the coalition fighting the Islamic State group, has resigned, a State Department official said Saturday. His resignation, effective December 31, comes just after Donald Trump abruptly ordered the withdrawal of US troo
Published 23 Dec, 2018 12:00am
Two held over London airport drone chaos as flights resume

Two held over London airport drone chaos as flights resume

Two middle-aged people were being held Saturday over the suspected "criminal use of drones" at London's Gatwick Airport, where flights were returning to normal after three days of pre-Christmas disruption affecting 140,000 passengers. Police swooped on a
Published 23 Dec, 2018 12:00am
Spacex halts launch of US military satellite due to winds

Spacex halts launch of US military satellite due to winds

Elon Musk's SpaceX scrapped Saturday's launch of a long-delayed navigation satellite for the US military due to strong upper level winds. The next launch attempt will be on Sunday at 8:51 a.m. EST/ 13:51 UTC, according to Space X officials.
Published 23 Dec, 2018 12:00am
At least 13 killed in Mogadishu car bomb

At least 13 killed in Mogadishu car bomb

At least 13 people were killed and 17 wounded in a car bomb attack claimed by al Qaeda-linked group al Shabaab close to the president's residence in the Somali capital Mogadishu, police said on Saturday. A second explosion followed nearby. Al Shabaab, in
Published 23 Dec, 2018 12:00am
Philippine lawmaker shot dead

Philippine lawmaker shot dead

A Philippine congressman was gunned down at a Christmas celebration Saturday, police said, the latest violence in a country notorious for deadly political rivalries.
Published 23 Dec, 2018 12:00am
Rescued migrants head for Spain after Italy closes ports

Rescued migrants head for Spain after Italy closes ports

Spain on Saturday authorised a ship carrying hundreds of migrants rescued off Libya to sail to its waters after Italy and Malta refused to receive them. The Spanish coastguard "due to the refusal or lack of response from the nearest ports, has authorised
Published 23 Dec, 2018 12:00am
Thousands protest in Istanbul against higher living costs
Currency

Thousands protest in Istanbul against higher living costs

Thousands of protesters on Saturday took to the streets in Istanbul to demonstrate against the rising cost of living and crippling inflation in Turkey. Surrounded by a heavy police presence, the protesters held banners with references to the "yellow vest"
Published 23 Dec, 2018 12:00am
Cuba says unable to pay off debt commitments in 2019

Cuba says unable to pay off debt commitments in 2019

Cuba's government admitted on Friday that it won't be able to pay all its debt commitments in 2019, blaming Hurricane Irma and United States sanctions for its woes. "In 2019, we'll have less credit than the amount of debt we're planning to pay," said fina
Published 23 Dec, 2018 12:00am
China carbon industry to face severe overcapacity

China carbon industry to face severe overcapacity

China's carbon industry will face severe overcapacity from the second-half of 2020, after producers rushed to expand capacity amid fat profit-margins, an official from the China Carbon Industry Association (CCIA) said on Saturday. Carbon products are wide
Published 23 Dec, 2018 12:00am
New Yemeni airline launches regular flights to Jordan

New Yemeni airline launches regular flights to Jordan

Newly formed Yemeni airline Queen Bilqis Airways launched regular commercial flights on Saturday from the southern government-held port city of Aden to the Jordanian capital Amman, airport officials said. Kjeld Binger, chief executive of Airport Internati
Published 23 Dec, 2018 12:00am
Thousands of Hungarians join latest rally

Thousands of Hungarians join latest rally

Thousands of Hungarians marched to the presidential palace late on Friday to protest against reforms to the labour code as a rally led by spoof political party MKKP merged with a subsequent demonstration staged by opposition groups. Passage of two laws la
Published 23 Dec, 2018 12:00am
Siemens boss takes aim at Chinese buyouts

Siemens boss takes aim at Chinese buyouts

Siemens boss Joe Kaeser on Friday lashed out at the practices used by Chinese investors to exercise total control over foreign firms, as disquiet grows about China's appetite for German technology and know-how. The recent ousting of robotics maker Kuka's
Published 23 Dec, 2018 12:00am
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