Trends - poor countries - Business Recorder

poor countries

Poorer countries: Lenders set $120bn climate finance goal

BAKU: The world’s top multilateral banks pledged to ramp up climate finance to low and middle income countries to...

Published 13 Nov, 2024 06:33am

World

UN report says 1.1bn people in acute poverty

UNITED NATIONS: More than one billion people are living in acute poverty across the globe, a UN Development Program...

Published 18 Oct, 2024 06:10am

Russia exits deal for export of Ukrainian grain

KYIV: Russia halted participation on Monday in the year-old UN-brokered deal that lets Ukraine export grain through...

Updated 18 Jul, 2023 09:05am

World

China's debt relief to poor countries slows amid continuing appeals for support

BEIJING: The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group...

Updated 30 Jun, 2023 09:59am

World

World Bank unveils debt payment pause for disaster-hit countries

PARIS: The World Bank chief announced a raft of measures on Thursday to aid countries hit by natural disasters,...

Published 22 Jun, 2023 07:25pm

World

IMF has hit $100bn target of SDRs for vulnerable countries: Georgieva

PARIS: The International Monetary Fund has reached its target of making $100 billion in special drawing rights...

Published 22 Jun, 2023 06:58pm

Business & Finance

IMF, others should give $100bn climate FX guarantee

LONDON: A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate ...

Published 27 May, 2023 06:09am

World

World’s poor paying more for less food: UN

PARIS: Poor countries are expected to suffer the most from worldwide food crises exacerbated by the war in Ukraine ...

Published 10 Jun, 2022 06:16am

World

Poor countries face food, energy, finance crises due to Ukraine war, UN chief says

UNITED NATIONS: Poor countries face economic ruin from simultaneous crises of food, energy and finance due to supply...

Published 13 Apr, 2022 09:42pm

Business & Finance

World Bank economist warns of dangers of ignoring growing debt

WASHINGTON: Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the...

Published 15 Feb, 2022 06:12pm

World

World Bank's Malpass says G20 must speed up work on debt of poor countries

ROME: World Bank President David Malpass on Saturday called on leaders of the Group of 20 rich nations to speed up...

Published 30 Oct, 2021 10:01pm

World

World Bank seeks $100bn in donations to address 'tragic reversals' in development

WASHINGTON: The World Bank hopes to raise $100 billion in donations for the International Development Association...

Published 11 Oct, 2021 07:33pm

World

Poor countries' debt rose 12% to record $860bn in 2020: World Bank

WASHINGTON: The debt burden of the world's low-income countries rose 12% to a record $860 billion in 2020 as...

Published 11 Oct, 2021 06:40pm

World

IMF approves fourth round of debt relief for poor countries

This debt service relief helps free up scarce financial resources for vital health, social and economic support to mitigate the impact of the COVID-19 pandemic, says IMF

Published 08 Oct, 2021 09:02pm

Business & Finance

Massive imports to add to country's economic woes: PBIF

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum ...

Published 25 Sep, 2021 04:59am

Opinion

It is the rich countries, stupid!

The sword of Financial Action Task Force (FATF) is continuing to hang over the head of Pakistan, not because...

Published 07 Jul, 2021 04:28am

World

WHO's Tedros says vaccine shortage in poor countries a global failure

"It's not hesitancy. It's lack of vaccines. And the situation in many low-income countries, especially Africa, it's very worrisome," Tedros Adhanom Ghebreyesus said.

Published 26 Jun, 2021 12:18am

World

Debt could trap low-income nations in poverty

PARIS: A lasting divide risks emerging between rich and poor countries if the rising debt burden of low-income and...

Published 24 Jun, 2021 03:36am

Editorials

Vaccines: intellectual property rights

EDITORIAL: US President Joe Biden’s decision to support the call to waive intellectual property rights (IPRs) for...

Published 12 May, 2021 04:23am

Pakistan

Strategy needed to end digital divide among developing nations, Sheikh tells UNGA session

Mariam says it is essential to spread information in different languages to the people especially in the pandemic situation to save lives
Action should be taken against the misuse of UN processes by some NGOs and some other entities that spread fake news and misinformation: Press councilor

Published 27 Apr, 2021 11:33am

World

WHO hopes to start vaccination in poorer countries in Feb

He said the COVAX programme could begin vaccinating people in February, and there was an effort to speed it up so some vaccinations in poor countries could take place this month.

Published 12 Jan, 2021 12:03am

World

New kinds of loans and bonds could fill $28 billion COVID funding gap: WHO

The WHO and GAVI vaccine alliance aim to provide poor and middle-income countries with diagnostic tests and vaccines through a fund known as the Access to COVID-19 Tools (ACT) Accelerator
Senior WHO adviser says financing is what stands between us and getting out of this pandemic as rapidly as possible

Published 15 Dec, 2020 05:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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