The neighbours’ troops have been facing off along the disputed borderIndian Prime Minister Narendra Modi has not spoken with US President Donald Trump about the south Asian nation’s military standoff with China, a government source said on Friday, after Trump suggested Modi was upset about border tension. The neighbours’ troops have been facing off along the disputed border in the western Himalayas since early May, after Chinese troops intruded into Indian territory, Indian military officials say. He’s not – he’s not in a good mood about what’s going on with China,” Trump added. “There has been no recent contact between PM Modi and President Trump,” a government source said. India sidesteps Trump offer to mediate on China, says in talks with BeijingThey went to war in 1962 and have not been able to settle the border since, prompting occasional flare-ups between border troops.
May 29, 2020 09:22 UTC
No call between Trump and Modi on China border tension: official source“They have a big conflict going with India and China. Two countries with very powerful militaries,” Trump told reporters, according to a White House transcript. He’s not – he’s not in a good mood about what’s going on with China,” Trump added. India sidesteps Trump offer to mediate on China, says in talks with BeijingThey went to war in 1962 and have not been able to settle the border since, prompting occasional flare-ups between border troops. Military observers say one likely reason for the renewed border tension in the Ladakh sector is India’s effort to build new airstrips and roads near the de-facto border to try to narrow the gap with China’s superior infrastructure.
May 29, 2020 09:22 UTC
Celebrities including Beyonce, Cardi B, Anne Hathaway, and John Boyega have spoken out against the tragedyProtests have erupted across the United States following the shocking police killing of George Floyd, a 48-year-old African-American resident of Minneapolis. Public figures including Beyonce, Justin Beiber, Cardi B, Lebron James, Anne Hathaway and Viola Davis spoke out against the wrongful death of Floyd. RIP George Floyd.”Beyonce posted a picture of the deceased on her website with the caption, “Rest in power, George Floyd.”Anne shared, “This is George Floyd. George Floyd, I hope you RIP because it isn’t fair so many didn’t do their part to ensure you lived in peace.”Star Wars actor John Boyega also shared a photograph of George with the quote: “Please, I can’t breathe. They’re going to kill me.”He wrote, “George Floyd… So heartbreaking to hear about the continuous cycle of violence aimed at black people by racist cops.
May 29, 2020 08:15 UTC
The 2005 law gives the country the legal basis for military action against Taiwan if it secedes or seems about to, making the narrow Taiwan Strait a potential military flashpoint. It has denounced China’s repeated military drills near the island and rejected China’s offer of a “one country, two systems” model of a high degree of autonomy. China is deeply suspicious of Taiwan President Tsai Ing-wen, whom it accuses of being a separatist bent on declaring formal independence. Tsai says Taiwan is already an independent country called the Republic of China, its official name. The mood in Taiwan toward China has further soured since China’s parliament passed new national security legislation for Chinese-ruled Hong Kong on Thursday.
May 29, 2020 08:03 UTC
33-year-old has not competed since the Davis Cup Finals in November due to complications with his hipLONDON: Andy Murray will make his return to tennis at a behind-closed-doors tournament organised by his brother Jamie from June 23-28 in London, the Lawn Tennis Association (LTA) said on Friday. Murray, 33, has not competed since the Davis Cup Finals in November due to complications with his hip. He was targeting a return to the tour at the Miami Open in March before the season was suspended due to the Covid-19 pandemic. “We’re excited to be hosting Jamie Murray’s tournament ‘Schroders Battle of the Brits’ at the National Tennis Centre on June 23-28,” the LTA said on Twitter here. Earlier this month, the ATP Tour and International Tennis Federation extended their suspensions of professional tennis until July 31.
May 29, 2020 07:52 UTC
The way forward for Pak-Afghan relationsAfghanistan and Pakistan, being immediate neighbours, share more than just a border. It is worth noting that Pakistan has remained home to millions of Afghan refugees escaping the Soviet invasion of Afghanistan in the 1980s. However, after the collapse of the Taliban regime in Afghanistan in 2001, the two countries have remained at odds in building mutually beneficial and trusted relations. In terms of its security landscape, Afghanistan has continued facing lingering violence and conflict over the past 20 years. By lending these insights and knowledge to the Afghan security institutions, Islamabad can play an instrumental role in facilitating a peaceful resolution to on-going conflicts in Afghanistan.
May 29, 2020 05:37 UTC
KARACHI: The State Bank of Pakistan (SBP) raised Rs169 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement issued on Thursday. SBP data showed that the cut-off yields for all tenors decreased. Out of the Rs142.4 billion for the 3-year PIB, SBP accepted Rs81.5 billion. For 5-year PIB, the central bank accepted Rs57.9 billion out of Rs63.9 billion, whereas it accepted Rs27 billion for 10-year PIB, out of Rs29.49 billion. For the 15-year PIB, it accepted $2.5 billion out of $3.5 billion.
May 28, 2020 18:56 UTC
The nations which are disciplined and responsible can and have achieved success in curbing the spread of the virus. However, the people broke all measures to observe and control the spread of corona and rushed to markets as if there were no tomorrow. Why not donate the money to poor and needy, who are really hurt by this deadly virus? Every person must do his or her part and show responsibility by following the distancing measures. They should declare a ceasefire and collectively ensure that we as a country fight the Corona as one nation.
May 28, 2020 18:11 UTC
In a shocking development on Thursday, a spokesperson of the Pakistan International Airlines (PIA) has claimed that local and foreign currency amounting to Rs30 million was allegedly being smuggled in the plane that crashed in a Karachi neighbourhood on May 22. “Local and foreign currency worth millions of rupees were recovered from the crash site,” said the spokesperson, adding: “A total of Rs30 million were recovered from three separate bags.”The PIA official said that such an amount cannot be transported without informing the airline and that an extra seat ticket needs to be purchased for transporting such huge amounts of cash. “A passenger cannot carry it in their luggage or cabin baggage.”He said for such large amounts of cash, a passenger has to be seated next to the cash. “No passenger had brought an extra seat.”So far, three people have come forward to claim the money, the spokesperson said.
May 28, 2020 17:59 UTC
KARACHI: Pakistan Tehreek-e-Insaf (PTI) leader Khurram Sher Zaman on Thursday warned the Sindh government against reimposing a lockdown in the port city to combat the spread of the novel coronavirus. Addressing a press conference, he said his party will oppose the Sindh government in this regard, alleging that the PPP-led government wants to cause economic damage by imposing a lockdown. The PTI MPA further demanded that barbershops and beauty salons be also allowed to reopen. Recounting hardships faced by the common man due to closure of public transport, he asked the government to allow public transporters to bring their buses on the roads to mitigate the suffering of commuters. He claimed hundreds of thousands of people are losing their livelihoods daily because of the government’s measures.
May 28, 2020 17:42 UTC
KARACHI: Sindh Chief Minister (CM) Syed Murad Ali Shah on Thursday shared that as many as 1,103 new cases of the novel coronavirus were detected within the 24 hours since his last daily update. According to the details, the emergence of 1,103 cases against 4,101 tests is one of the highest figures and makes 27 per cent of the total tested cases, while 16 more patients died, lifting the provincial death toll to 396. According to the statement issued from the CM House, the chief minister said that the Sindh government has conducted 167,906 tests against which 15 per cent or 25,309 cases have been diagnosed so far. Sharing district-wise data, the chief minister said that Karachi, as usual, was at the top in terms of local transmissions. “Out of 1,103 new cases Karachi has produced 905.
KARACHI: The life imprisonment handed to the Lyari gang war leader Uzair Baloch was challenged in the Sindh High Court (SHC) on Thursday. Uzair Baloch’s mother challenged the verdict of the military court in the SHC. In the petition, she claimed that requirements of justice were not fulfilled while handing her son the punishment, adding that he should be provided with a copy of the military court’s verdict so he could file an appeal against the verdict. She insisted that the SHC order the military court to provide a copy of the verdict in this regard.
During the press conference, the actress, her sister Huma Khan, and her lawyers Mian Ali Ashfaq and Hassaan Khan Niazi talked about the merits of the case. He said that the property was owned by one Babar Naseem and Uzma had signed the rental agreement with him. However, he added that according to their knowledge, the tenant and his family were residing in the house. He said that the police are yet to arrest the persons nominated by them in the case. “Usman had proposed marriage to me, but I had refused and I have proof of this as well,” she said.
Typically, foreign inflows or ‘hot money’ is associated with higher interest rates. Cumulative net investment in T-bills comfortably climbed from $15 million in July 2019 to $3.099 billion in February 2020. The total gross divestment in March 2020 stood at a whopping $1.735 billion, while April’s net divestment figure stood at $601 million. The net divestment figure of May so far is recorded at $182 million, which is a far cry from the divestment figures of the preceding months. It remains to be seen what the final divestment figure for May will be.
May 28, 2020 16:52 UTC
Net foreign reserves held by commercial banks increased slightly, from $6,489 million to $6,524.0 million. The last time reserves actually rose was in the week ending April 30, increasing by $259 million to $12,329.4 million. From the beginning of 2020, SBP reserves steadily increased to a peak of $12.8 billion in the first week of March. SBP reserves fell from $12.8 billion to $10.8 billion between March 13 and April 17. However, in the week ending April 24, SBP reserves got some significant help from the IMF, jumping from $10,889.2 million to $12,070.3 million.
May 28, 2020 16:07 UTC