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Saturday, February 1st, 2020


‘Arab league ministers council statement resolution regarding the US peace plan’

CAIRO, FEB 01 — The Arab League council at the ministerial level held an extraordinary meeting chaired by the Republic of Iraq on 1 Feb, 2020 at the request and attendance of President Abbas of the State of Palestine. The Secretary General of the Arab League, Messrs. Forgein ministers of member states also attended the meeting at the headquarters of the Arab League in Cairo. Having reviewed the memorandum presented by the Arab League secretariat and after listening to the speech by HE Presidnet Abbas and the presentations by theRead More

OSCE PA session to discuss protracted conflicts and elections in Azerbaijan

BAKU, FEB 01 – The OSCE Parliamentary Assembly will hold its 19th Winter Meeting at the Hofburg Congress Centre in Vienna on 20-21 February 2020. The press service of the OSCE PA, that nearly 300 parliamentarians are foreseen to attend, as well as high-level representatives of governments, international organizations, and the OSCE. The opening session will feature keynote addresses by the President of the Austrian National Council Wolfgang Sobotka, as well as OSCE PA President George Tsereteli, the OSCE Albanian Chairmanship, and the OSCE Secretary-General. The three OSCE PA generalRead More

Pakistan greets Maldives on rejoining Commonwealth

ISLAMABAD, FEB 01 (DNA) – Pakistan welcomes the readmission of Maldives to the Commonwealth and congratulates the Government and the people of Maldives on rejoining the Commonwealth family. As a founding member of Commonwealth, Pakistan has been a strong supporter of Maldives’ readmission and it’s role as an important member of the organisation. Pakistan also acknowledges and greatly appreciates the role played by Maldives in other regional and international organisations. Pakistan remains committed to working closely with Maldives in achieving the shared objectives of peace, development and prosperity within theRead More

Secretary Finance tipped as new Chairman FBR

By: Naveed Miraj Islamabad February 1: (DNA) –  With the departure of Chairman FBR Shabbar Raza Zaidi looking imminent, the name of current Secretary Finance Naveed Kaman Baloch is fast emerging as the next possible Chairman FBR. Mr. Zaidi who had joined the position from the private sector in the year 2019 when PTI government shacked up its economic management team ahead of its signing credit facility with International Monetary Fund. Mr. Zaidi considered an expert on taxation was projected as someone who could transform the FBR and achieve targetsRead More

Flawed economic policy of past govt resulted in devaluation: Hammad Azhar

ISLAMABAD FEB 01 (DNA) :  Federal Minister for Economic Affairs Hammad Azhar on Saturday said that the devaluation became inevitable due to flawed economic policy of the previous government that led to highest external deficit, depleting foreign reserves and top debt servicing.   He took to Twitter and said that Pakistan’s public debt increased from 72 per cent to 84 per cent of GDP during the fiscal year 2018-19 as close to half this increase came from devaluation, which is re-evaluation of pre-existing debt at market exchange rate. He further saidRead More

Australia fires: Residents told to seek shelter in Canberra region

A bushfire near the Australian Capital Territory (ACT) grew to more than 35,000 hectares on Saturday, as officials closed a major motorway. Residents in some areas around the capital, Canberra, were warned that it was “too late to leave” and they should try to seek shelter. Six fires in the ACT and nearby parts of New South Wales (NSW) state were burning out of control, officials said. Hot and windy conditions are expected to last through the weekend. What’s Australia doing to fight the bushfires? A visual guide to Australia’sRead More