October 17, 2019

Trump’s trade adviser wants the Fed to cut rates aggressively

Washington: White House commercial adviser Peter Navarro said on Tuesday that the Federal Reserve should actively cut interest rates to better adapt to other economies. Navarro accused the Federal Reserve of raising interest rates too quickly last year, even though it needed more than 25 basis points to reduce interest rates last week. He said […]

Rolls-Royce optimistic over Brexit plans

LONDON: British motor manufacturer Rolls-Royce said Tuesday that he is confident of Britain’s plan to withdraw from the EU, but revealed that the economic recession caused by the Brexit trip has led to a deficit. The United Kingdom will withdraw from the EU in October, and the new Prime Minister, Boris Johnson, has not reached […]

Stocks fall 180 points on mutual fund selling

KARACHI: The bear market continued to float in the stock market with the KSE-100 index falling 180.13 points (0.59%), closing just above the 31,000 point at 31,000.67. In the Chinese-American trade war, the prospect of a global economic slowdown undermines the sentiment of investors. On top of that, as the country’s civil and military leaders […]

Pakistan shared details of CPEC loans with IMF: official

Islamabad: The International Monetary Fund (IMF) said Monday that it can fully obtain the loan and maturity provisions of the China-Pakistan Economic Corridor (CPEC) project, and its loans are controllable. The resident representative of the International Monetary Fund in Teresa, Islamabad, at the National Press Club, addressed the Senior Press Forum and listed issues related […]

EU to resist Johnson’s ‘no-deal’ Brexit scare tactics

BRUSSELS: The diplomats said on Tuesday that the EU is preparing for a tough Brexit conversation with the United Kingdom, but the EU will stand firm while Prime Minister Boris Johnson poses his threat of “no trade.” Johnson, who took office late last month, said he hopes to leave the EU by agreement, but insists […]

PM wonders if intl community will find the moral courage to prevent ‘genocide’ in occupied Kashmir

The Iranian prime minister asked on Thursday whether the international community had “courage” to stop a possible coup in Kashmir, India. When Pakistan recalled the Indian Embassy in order to secure a special right to abandon the special status of Kashmir in New Delhi, the Prime Minister said that the country is looking forward to […]

5 women drown in River Indus while washing clothes in Gilgit

Police said four women were drowned in the Indus River while washing in Jaglot town, Gilgit province on Thursday. Police Chief Gilgit Mohamed Ayaz said that the residents of Jaglot had dismantled the bodies of two women and the remaining three were being detained. He said the rescue team had been deployed from the city […]

Kashmiri children have witnessed violence for decades, tweets Malala Yousafzai

Mala Yusafzai, a Nobel Peace Prize laureate and educational activist, posted on Twitter earlier today the news of the lifting of peaceful elections in the increasingly fierce conflict in Kashmir. Malala has been a regular commentator on politics and global affairs, and she has written about her feelings for Kashmiri in her life in Pakistan. […]

Lahore Music Meet co-founder, Natasha Noorani makes it to Goethe Talents 2019

Lahore’s leading co-founder, Lahore concert, Natasha Norani will become the representative of Germany and Pakistan in August this year, becoming the only foreign musician of the 2019 Goethe Talent Program. Noorani will be one of 10 musicians from all over the world to participate in the 10-day Goethe Talent Scholarship, which is scheduled to take […]