News Archives for World - 2020-08-14

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World - 2020-08-14

Africa

Colombia's economy contracted 15.7pc in second quarter, gov't says

Since the DANE (statistics agency) has been responsible, we can assert with certainty that this quarterly growth is the greatest in its negative sense.
The economy contracted 20% and 16.6% in April and May respectively, with the April figure being the largest fall on record.

Published 14 Aug, 2020 11:54pm

Middle East

UN chief urges Yemen's Houthis to grant access to decaying oil tanker

Guterres is "deeply concerned" about the condition of the oil tanker, UN spokesman Stephane Dujarric said on Friday.
He specifically calls for granting independent technical experts unconditional access to the tanker to assess its condition and conduct any possible initial repairs," Dujarric said.

Published 14 Aug, 2020 11:41pm

Europe

France new COVID-19 cases above 2,500 for third day in a row

This went beyond the 2,000 threshold for the first time since April 20, when France was in the middle of one of Europe's strictest lockdowns.
The total official tally of cases now stands at 212,211.

Published 14 Aug, 2020 11:33pm

Europe

Poland offers new support for Belarus civil society, media

The unrest in Belarus poses the biggest challenge yet to President Alexander Lukashenko, accused by protesters of rigging Sunday's presidential election to win a sixth term.
Several hundred people took to the streets of Warsaw in solidarity with those protesting in Belarus.

Published 14 Aug, 2020 11:19pm

USA

Former FBI lawyer to plead guilty as part of Russia probe -defendant's lawyer

"Kevin deeply regrets having altered the email," Justin Shur, a lawyer for Clinesmith.
It was never his intent to mislead the court or his colleagues as he believed the information he relayed was accurate.

Published 14 Aug, 2020 11:16pm

Putin proposes world powers summit to avoid UN 'confrontation' over Iran

The issue is urgent," Putin said in a statement, adding that the alternative was "only further escalation of tensions, increasing risk of conflict - such a scenario must be avoided.
The 13-year-old arms embargo is due to expire in October under the accord that prevents Tehran from developing nuclear weapons in return for sanctions relief.

Published 14 Aug, 2020 11:13pm

USA

Trump says he would agree to $25bn for Postal Service if Democrats make concessions

Sure, if they give us what we want," Trump said at a news briefing.
He again blamed Democrats for what he described as "blocking" aid for Americans.

Published 14 Aug, 2020 10:58pm

Exchange

Pompeo says letting Iran arms embargo expire is 'nuts'

Opposition from UN Security Council veto powers China and Russia is expected to block a resolution to extend the blockade beyond October.

Published 14 Aug, 2020 07:38pm

Europe

Turkey will retaliate if Greece attacks vessel in East Med: Erdogan

Erdogan warned of a "high price" if Oruc Reis was attacked and suggested Turkey had already acted on that warning.

Published 14 Aug, 2020 06:28pm

Currency

Turkey's Erdogan says will convene economic council to discuss developments

The lira fell to a fresh record low against the dollar on Friday as investors fretted about the currency's outlook despite supportive central bank moves that raised backdoor borrowing costs.

Published 14 Aug, 2020 06:21pm

Europe

Norwegians should wear face masks in public transport in Oslo, says government

Until now, authorities in Norway had refrained from recommending wearing face masks in public.

Published 14 Aug, 2020 05:55pm

EU agrees first COVID-19 vaccine deal with AstraZeneca in WHO blow

The Commission did not disclose the terms of the new deal and declined to say whether it had replaced the IVA's.

Published 14 Aug, 2020 05:49pm

Europe

EU should reassess ties with Turkey: Austrian foreign minister

"I have to say that Austria is very concerned about the dangerous and alarming situation which we believe could escalate,"

Published 14 Aug, 2020 05:42pm

Europe

Turkey may suspend ties with UAE over Israel deal, Erdogan says

The Turkish foreign ministry said history would never forgive the UAE's "hypocritical behaviour" in agreeing such a deal, which recasts the order of Middle East politics.

Published 14 Aug, 2020 05:40pm

Europe

England resumes lockdown easing but stiffens punishment on rule breaches

Last month, amid rising case numbers, Johnson said there was "a warning light on the dashboard" and paused the reopening of casinos, bowling alleys and skating rinks.

Published 14 Aug, 2020 05:37pm

USA

US House Republican says Democrats' COVID-19 bill would harm market

"If we went forward with what the Democrats asked for in that $3 trillion? I believe the market would drop hard because it would put greater debt on all taxpayers,"

Published 14 Aug, 2020 05:37pm

USA

Relief efforts should cushion economy in months ahead: White House report

WASHINGTON: Increased transfer payments and expanded liquidity measures aimed at companies should help buffer US...

Updated 14 Aug, 2020 03:55am

China

Chinese diners told to order less and cut food waste

BEIJING: Chinese diners are being told to order less food as part of a campaign by President Xi Jinping to tackle...

Published 14 Aug, 2020 03:15am

Europe

Air passenger numbers to drop 60 percent in Europe in 2020: IATA

GENEVA: Air passenger numbers in Europe are expected to drop by 60 percent in 2020 due to the coronavirus crisis, ...

Updated 14 Aug, 2020 03:50am

Europe

French unemployment rate hits 37-year low as lockdown skews data

PARIS: French unemployment fell to a 37-year low in the second quarter, as a multi-year downtrend was exaggerated by...

Updated 14 Aug, 2020 03:53am

UN says 43 percent of schools lack basic handwashing

GENEVA: Some 43 percent of schools worldwide entered the Covid-19 pandemic lacking basic soap-and-water hand-washing...

Updated 14 Aug, 2020 03:52am

South Asia

Journalists with The Caravan magazine assaulted by anti-Muslim crowd in Delhi

NEW DELHI: Delhi police must thoroughly investigate the attack on three journalists with The Caravan magazine and...

Updated 14 Aug, 2020 03:57am

Europe

Thousands form human chains in Belarus after post-vote crackdown

MINSK: Thousands of protesters formed human chains and marched in Belarus on Thursday in a growing wave of peaceful...

Updated 14 Aug, 2020 03:54am

USA

US suspends private charter flights to Cuba

WASHINGTON: The United States is suspending private charter flights to Cuba as another way to starve the government...

Updated 14 Aug, 2020 03:55am

Middle East

US says Iran forces board ship in international waters

DUBAI: Iranian forces boarded a tanker in international waters in the Gulf of Oman, using a helicopter and two ships...

Updated 14 Aug, 2020 03:53am

Erdogan warns 'heavy price' if Turkish ship attacked

ANKARA: Turkish President Recep Tayyip Erdogan on Thursday warned of a "heavy price" if a Turkish vessel searching...

Updated 14 Aug, 2020 03:50am

Middle East

Iran's Zarif to meet with officials in Lebanon on Friday

Zarif's visit will be the first by an Iranian official since the blast.

Published 14 Aug, 2020 02:41am

Europe

Erdogan warns of 'heavy price' if Turkish ship attacked

Greece responded by sending its own military assets to the area to monitor Turkey's activities.

Published 14 Aug, 2020 02:28am

WHO urges countries to gamble on shared vaccine search

The WHO says 168 candidate vaccines are being worked on around the world, of which 28 have progressed to being tested on humans.

Published 14 Aug, 2020 02:26am

Middle East

UN experts demand Beirut explosion probe

Lebanon's president has rejected any international probe into the Beirut port blast, as demanded by protesters.

Published 14 Aug, 2020 02:24am

Exchange

Biden welcomes 'historic' Israel-UAE peace deal

In the bombshell agreement, the Jewish state agreed to suspend its plans to annex occupied Palestinian West Bank areas.

Published 14 Aug, 2020 02:22am

NSA, FBI expose Russian intelligence hacking tool: report

The NSA and FBI said that Russia's Main Intelligence Directorate, known as the GRU, was using a hacking tool code named "Drovorub" to break into Linux-based computers.
Linux systems are used pervasively throughout National Security Systems, the Department of Defense, and the Defense Industrial Base - as well as the larger cybersecurity community writ large.

Published 14 Aug, 2020 02:17am

Europe

France bolsters Mediterranean presence as Turkey tensions worsen

US meanwhile called for a rapprochement, describing France and Turkey as "incredibly important NATO allies".

Published 14 Aug, 2020 02:02am

Many wars, rare peace accords: Israeli-Arab ties

Israel is created on May 14, 1948, formed out of part of Palestine three years after the end of World War II when the Nazis killed more than six million Jews.

Published 14 Aug, 2020 01:57am

Exchange

U-turn for Israel's West Bank annexation plan

Under the plan Jerusalem was to be Israel's "undivided" capital, and economic aid would flow to the Palestinians, who would get their own state.

Published 14 Aug, 2020 01:54am

USA

US tightens chokehold on Cuba, blocks private charter flights

Cuba has been under a US embargo since 1962. Trump has ramped up sanctions, canceling or suspending many of the agreements made under Obama.

Published 14 Aug, 2020 01:51am

Middle East

Jordan says Israel-UAE deal hinges on future Israel steps

Jordan in 1994 became the second Arab country, after Egypt, to signed a peace treaty with Israel.

Published 14 Aug, 2020 01:47am

Clinton says she hopes Harris gets 'less sexist' treatment on US campaign trail

I still hope, especially with Kamala on the ticket, that the coverage of women running for president or vice president will be less sexist.
Clinton said she had talked with Harris and Joe Biden, the presumptive Democratic presidential nominee who this week named Harris as his running mate.

Published 14 Aug, 2020 01:44am

USA

Mexico, Argentina aim to roll out vaccine early next year

Brazil, which has recorded more than 100,000 coronavirus deaths, has a separate agreement with the British-Swedish pharmaceuticals company.

Published 14 Aug, 2020 01:44am

USA

Two Republican senators ask US FTC to investigate TikTok's data collection practices

The request was in a letter by Senator Jerry Moran, chair of the Senate Commerce Subcommittee on Consumer Protection and Senator John Thune.
The letter is the latest example of Washington's mounting scrutiny of a Chinese-owned company over national security concerns.

Published 14 Aug, 2020 01:06am

Erdogan says Turkey will exact 'high price' for any attack on vessel

Tensions in the eastern Mediterranean have risen sharply this week after Turkey sent a survey vessel to the region.
The Oruc Reis set out on Monday with its military escort to survey waters between Crete and Cyprus.

Published 14 Aug, 2020 12:19am

Europe

UK's Johnson welcomes deal to normalise Israel-UAE relations

"The UAE and Israel's decision to normalise relations is hugely good news," Johnson said.
"It was my profound hope that annexation did not go ahead in the West Bank and today's agreement to suspend those plans is a welcome step on the road to a more peaceful Middle East.

Published 14 Aug, 2020 12:12am

Currency

France's Macron pushes for a government of technocrats to rescue Lebanon

There would be a first government whose mission would be to carry out urgent reforms," said the French diplomatic source familiar with Macron's thinking.
Macron wants to use Lebanon's desperate need for international reconstruction aid as leverage to persuade its factions to choose a new administration.

Published 14 Aug, 2020 12:08am

USA

HHS invests $6.5mn in diagnostic labs to expand COVID-19 testing

The US Department of Health and Human Services (HHS) said on Thursday the funding would enable the selected companies - Aegis Sciences Corp and Sonic Healthcare USA.
HHS said it expects the labs to be able to conduct up to 4 million additional COVID-19 tests per month.

Published 14 Aug, 2020 12:02am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	277.65
USD PKR Interbank Buying / Oct 4	277.45
USD to Japanese Yen / Oct 4	146.04
USD to Swiss Franc / Oct 4	0.85
Pound Sterling to USD / Oct 4	1.31
Euro to USD / Oct 4	1.10

Stock	Volume
S&P 500 / Oct 4	5,699.94
India Sensex / Oct 4	83,142.90
Tokyo Nikkei / Oct 4	38,635.62
Nasdaq / Oct 4	17,918.47
Hang Seng / Oct 4	22,498.44
FTSE 100 / Oct 4	8,262.02
Dow Jones / Oct 4	42,011.59
Germany DAX 30 / Oct 4	19,041.60

Item	Value
Petrol/Litre / Oct 4	247.03
Crude Oil USD/Barrel / Oct 4	73.62
Karachi Cotton PKR/37.32 KG / Oct 4	18,085
Gold 10 Grams PKR / Oct 4	237,572.70
Gold Spot USD/Ounce / Oct 4	2,665.49
Diesel/Litre / Oct 4	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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