Sunday, January 1st, 2023
Tough year ahead for the global economy, IMF’s Georgieva warns
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, International Monetary Fund Managing Director Kristalina Georgieva said on Sunday. The new year is going to be “tougher than the year we leave behind,” Georgieva said on the CBS Sunday morning news program “Face the Nation.” “Why? Because the three main economies – the U.S., EU and China – are all slowing down simultaneously,” she said.
North Korea’s Kim orders new ICBM, bigger nuclear arsenal amid tension
SEOUL: North Korean leader Kim Jong Un called for developing new intercontinental ballistic missiles and a larger nuclear arsenal to counter US-led threats, state media said on Sunday, amid flaring tension between the rival Koreas. At a meeting of the ruling Workers’ Party, Kim highlighted the need to secure “overwhelming military power” to defend its sovereignty and security. The meeting came amid cross-border tensions over last week’s intrusion by North Korean drones into the South, and the North’s series of missile launches, including intercontinental ballistic missiles (ICBMs). Kim accused WashingtonRead More
CPEC created 192,000 jobs for Pakistanis: Nong Rong
ISLAMABAD, Jan 1 (DNA): China-Pakistan Economic Corridor (CPEC) has created 192,000 jobs, 6000MW of power supply, 510 km of highway, and 886 km of transmission line, which laid a solid foundation for Pakistan’s socio-economic development, according to Chinese Ambassador Nong Rong. According to Gwadar Pro, he was speaking at the Awarding Ceremony for Outstanding Pakistani Staff of the CPEC Projects 2022, held in the Chinese Embassy. Ambassador Nong Rong said that a series of good news are coming from different sectors under the CPEC umbrella. The China-aided Eastbay Expressway ofRead More
Pakistan, Austria vow to enhance collaborations in multiple areas
ISLAMABAD, JAN 1 /DNA/ – There can be many ways to collaborate with the trade platforms, Industries and educational institutions of Austria and those of Pakistan; from win-win trade agreements to extensive student exchange programs we may have limitless mutual opportunities. He said, Pakistan’s leather export volume is around $750 million/annum, with semi-processed and finished hides and skins to Italy, and finished leather articles to the Federal Republic of Germany. Austria may also benefit from the quality leather exports from Pakistan. Sahiwal is a promising dairy production hub of Pakistan,Read More
Cognitive Hacking an Invisible Parasite in Today’s Digital World
By; Sher Zada Hardly anyone will be unaware of the term “hacking”, while using the internet in this era of social networking. Every day, we hear people do complaints that their accounts are hacked or they are under threats of such attacks. Most often the hackers try to reach and get control of a person’s or company’s bank accounts, social media accounts to achieve their targets aimed financial gains or other malicious ambitions. There is another trend of phishing and scamming, the prior is an act of sending emails disguisingRead More
Gen Bajwa ‘setup still active’ in establishment: Imran Khan
ISLAMABAD, JAN 1: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has claimed that ex-chief of army staff (COAS) General (retd) Qamar Javed Bajwa’s “setup is still working in the establishment”. During an interaction with journalists in Lahore on Sunday, Khan, without taking the name of the army chief, said: “In Pakistan, the establishment is the name of one person.” Imran, who was removed from power through a vote of no-confidence in the National Assembly in April last year, said the former army chief did not want accountabilityRead More