India curtails Kashmiris’ freedom to an extreme limit; however, Pakistan renders tremendous sacrifices for the just struggle of Kashmir’s The Asian Telegraph freedom ABC CERTIFIED www.theasiantelegraph.net Thursday, January 02, 2020 | Vol: X, Issue: 244 President AJK Sardar Masood Khan

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COAS Extension Abu Dhabi Crown Federal Cabinet approves Army Prince due today Act Amendment  OUR CORRESPONDENT ISLAMABAD Crown Prince of Abu Bill Dhabi Sheikh Mohammed Bin Zayed Al Nahyan is ISLAMABAD arriving in Islamabad The federal cabinet members have on a day-long official approved the amendment in Army visit today (Thursday). Act which defines tenure of the army The Crown prince will chief’s services and procedure for hold a bilateral meet- the extension of the Chief of Army ing with Prime Minister Staff (COAS), citing sources. The Imran Khan. Ambassador emergency session of the federal Moazzam Ahmad Khan cabinet held under the chair of Prime said the two leaders will Minister Imran Khan has concluded discuss ways to enhance after approving a draft bill for making bilateral relations be- amendment in the Army Act over the tween the two countries directives of the Supreme Court (SC). and to exchange views on Sources said the latest legislation has matters of mutual interest been approved to define the process and regional and global of extension for COAS and the service situation. He expressed period of an army chief. The Army confidence that the visit of Act’s amendment will also be applied Crown Prince would fur- on the Chairman of Joint Chiefs and ther strengthen bonds of friendship between Pakistan Services Chief, sources added. The and the United Arab Emirates. amended law is likely to be tabled in The expected visit of Crown Prince Mohammed bin the upcoming session of the National Zayed Al Nahyan is considered to be most important Assembly scheduled on Wednesday Prime Minister Imran Khan unveiling the Plaque to perform the Groundbreaking of Air University South Campus in Islamabad on in the context of Pakistan skipping the Kuala Lumpur (today) for its final approval. Wednesday. Photo: PID summit. Earlier on December 20, Prime Minister Imran Khan had made a telephone call to the Crown Prince Phase One of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan Stock market boosted & dollar stabilized and exchanged views on bilateral relations. Matters of mutual interest, regional, international affairs and other China trade issues came under discussion during the telephonic conversation. deal to be signed The two leaders had also discussed ways of further deepening bilateral cooperation in all spheres and Jan. 15: Trump agreed to maintain close consultations on regional and international issues. Earlier on October 4, the United WASHINGTON Pakistan’s economy to Arab Emirates (UAE) would invest five billion dollars A partial new US-China trade agree- in an oil refinery project in Pakistan. ment will be signed in the middle of next month, US President Donald Trump said, announcing that he will also then travel to China for continued Oil import quota talks. I will be signing our very large and comprehensive Phase One Trade take off in 2020: PM Deal with China on January 15, Trump 2020 intact tweeted moments before Wall Street was due to open. Prime Minister orders country-wide crackdown on profiteers China pilots relaxed forex The ceremony will take place at the management in FTZs White House. High-level representa-  OUR CORRESPONDENT has directed all the federal ministers tives of China will be present. Trump ISLAMABAD CM Buzdar calls upon PM Imran to focus all their attention on taking BEIJING said that he would then travel to Expressing hope, Prime Minister steps aimed at improving the living China has eased administrative approvals regarding for- Beijing to continue negotiations at a Imran Khan on Wednesday said that ISLAMABAD: Chief Minister Punjab, Usman Buzdar called upon the standard of the common people. This eign exchange (forex) management within its pilot free later date. Word of the deal, and the Pakistan’s economy will take off in Prime Minister of Pakistan Imran Khan at the Prime Minister’s office on was stated by Pakistan Tehreek-e- trade zones (FTZs) on a trial basis amid efforts to further de-escalation of the trade conflict, has year 2020. Addressing a ceremony Wednesday. Sources privy to the development revealed that the two Insaf (PTI) Senator Faisal Javed Khan facilitate investment and trade. Four administrative ap- driven a Wall Street rally this month here PM Imran said that stock mar- dignitaries discussed the overall situation of the province and exchanged in a tweet on Wednesday. proval items have been canceled, covering issues includ- but US stocks were little changed at the ket boosted and dollar stabilized in ideas on the matter. Sources further revealed that CM Buzdar asked the PM Imran Khan also said the ing forex market access and the registration of import open early Tuesday. the past year owing to the effective prime minister for pointers and advice on tackling provincial conundrums. Pakistani economy was stabilised and export entities, according to the State Administration The two sides earlier this month measures taken by the incumbent The prime minister has asked chief minister Punjab to speed up the under Prime Minister Khan’s lead- of Foreign Exchange (SAFE). By easing the administrative announced a Phase One deal in their government. No doubt the nation pace of pending development projects in the region, sources went on to ership in the year 2019, which was procedures, SAFE expects to effectively improve approval nearly two-year trade confrontation, had to go through a tough time, he claim. Earlier in the day, Prime Minister Imran Khan has directed all the acknowledged by global economic efficiency and lower costs for market entities. with Washington canceling and said and added that hard times come federal ministers to focus all their attention on taking steps aimed at forecasters. In 2020, the people will More efforts will be made to implement the reform reducing some tariffs in exchange for to test nations. improving the living standard of the common people. This was stated by get the fruits of this stabilisation, he on streamlining administration, delegating powers, and Chinese pledges to increase purchases The prime minister vowed that the Pakistan Tehreek-e-Insaf (PTI) Senator Faisal Javed Khan in a tweet. PM added. improving regulations and services, as well as the reform of US exports and adopt trade reforms. government will steer the country Imran Khan also said the Pakistani economy was stabilised under Prime Taking notice of artificial infla- on separating business licenses from administrative per- The text of the agreement has not yet out of all crises and added that his Minister Khan’s leadership in the year 2019, which was acknowledged by tion, Prime Minister Imran Khan on mits, SAFE said. SAFE will review the progress of the been made public pending legal and vision is to transform Pakistan into global economic forecasters. In 2020, the people will get the fruits of this Wednesday directed a country-wide pilot program and improve forex management policies translation reviews, US officials say, a welfare state. Talking about higher stabilisation, he added. crackdown against the elements in- and measures accordingly, so as to further boost the and details remain scant. education, PM Imran said that provi- volved in profiteering and adultera- liberalization and facilitation of trade and investment. US and Chinese officials have said sion of quality education to students tion in food items. Presiding over China will keep the quota for refined oil imports by the agreement includes protections was his top priority. they will ensure transparency and sure provision of essential commodi- a high-level meeting in Islamabad non-state companies unchanged at 16.2 million tonnes for intellectual property, food and farm He said that Holy Prophet (Peace merit in all sectors. ties at utility stories at lower rates to control prices of food items, PM for 2020, according to the Ministry of Commerce (MOC). goods, financial services and foreign Be Upon Him) had declared acquir- Underlining his vision of building and introduce Insaf Cards. Imran directed all provincial gov- A statement by the MOC listed the detailed application exchange, and a provision for dispute ing education a sacred obligation Pakistan on the pattern of the State PM Imran said tourism and con- ernments to take effective adminis- requirements for the import quota, including the scale resolution. Other apparent US-China and added that major reason behind of Madina, PM Imran said human- struction sectors will be given special trative actions to control the rising of oil storage tanks and bank credit lines. China is one of agreements have evaporated before, the prevailing situation of the nation ity, rule of law and education will be importance during the current year, prices and timely planning to main- the world’s largest oil buyers. Customs data showed its but US officials have said this time both was not giving priority to education. focused during the PTI government. which will bolster national economy. tain the demand and supply of basic imports of refined oil amounted to 27.25 million tonnes sides are really on the same page. The prime minister maintained that He said that the government will en- Earlier, Prime Minister Imran Khan items, Radio Pakistan reported. in the first 11 months of 2019. Russia to take over BRICS chair Gold continues to shine as Moscow to enhance coordination among members: Putin US$ weakens

MOSCOW SYDNEY Moscow is taking over the one-year It is heading for best month since August, chairmanship of the BRICS group with funds putting more money into (Brazil, Russia, India, China and South gold-backed ETFs. Gold is heading for Africa). Russia plans to carry out about its best month since August, as the US 150 activities at various levels during dollar weakened and funds ploughed its chairmanship, which will culminate more money into exchange-traded in July, when St. Petersburg will host the funds (ETFs) backed by the metal. The next BRICS summit. The five countries’ euro gained for a fourth day as the dol- leaders will hold another meeting on lar declined against all its Group of Ten the sidelines of the G20 summit in the peers, bolstering the appeal of bullion Saudi capital of Riyadh in November. as an alternative asset. Prices are up for According to procedure, each BRICS a fifth session in six in the spot market, member takes over the group’s chair- set for its biggest annual gain since 2010. manship for a year. Russia last chaired events - such as meetings between Brasilia in November 2019. Moscow will Meanwhile, global holdings in gold- BRICS in 2015, when a summit took Sherpas, ministers, business community focus on enhancing foreign policy coordi- backed ETFs expanded 6.3 tonnes last place in Ufa. Russia also presided over members and experts - will take part in nation between member countries on key week after a 7.2 tonne build the prior the group back in 2009, before BRIC dozens of other Russian cities, includ- international platforms, primarily, within week, according to data compiled by A gauge of the greenback is set for the the USD, said Mr Rodrigo Catril, a senior turned into BRICS following South ing Yekaterinburg, Kazan, Novosibirsk, the United Nations. According to Putin, Bloomberg. Assets rose 14 per cent last biggest quarterly loss since the first three foreign exchange strategist at National Africa’s accession. Over 20 ministe- Samara, Saransk, Sochi, Ulyanovsk, BRICS nations need to make more proac- year. The strong bullish momentum is months of 2018. After cutting rates three Australia Bank in Sydney. rial meetings are also expected to take Ufa, Khanty-Mansiysk and Yaroslavl. tive efforts to play a leading role in the UN. largely due to US dollar weakness, said times last year, the Fed’s rate-setting Global holdings in gold-backed ETFs ex- place, including those involving the The theme of Russia’s chairmanship is Specific goals in this regard include fighting Mr Benjamin Lu, an analyst at Phillip Federal Open Market Committee is ex- panded 6.3 tonnes last week after a 7.2 Russian Security Council secretary, the BRICS Strategic Partnership for Global terrorism and the dissemination of terror- Futures in Singapore. The Federal pected to stay on hold through this year. tonne build the prior week, according Supreme Court chief justice and the Stability, Shared Security and Innovative ist dogma, particularly on the Internet, as Reserve’s dovish monetary policy has The central bank is also on watch this to data compiled by Bloomberg. Assets chairpersons of both house of Russia’s Growth. well as combating money laundering and softened greenback prospects consider- week to prevent any repo market disrup- rose 14 per cent last year. Abundant USD parliament. President Vladimir Putin clarified the financing of terrorism, while working ably while bolstering bullion’s appeal”, tion. Amid a low-trading environment, liquidity is pushing short-dated US yields Apart from St. Petersburg, BRICS Russia’s priorities as BRICS chair in to take back criminally obtained assets. he added. lower is the path of least resistance for lower. Thursday, January 02, 2020

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Editor-in-Chief: Amna Malik Editor: Mohammad Arshad CAB — Splitting India Phone: + 92 51 2814017 Offce # 407/408, 4th Floor, Evacuee Trust, Agha Khan Road, F-5/1 Islamabad Tensions also simmered in Guwahati in Assam from the three countries are not covered by the state, the epicenter of the unrest, where medical legislation because they have no need of India’s staff said two people were shot dead and 26 hospi- protection. talized late Thursday after security forces fired live Assam has long been a hotbed of ethnic tensions. rounds. 85 people had been arrested in connection In 1983, 2,000 people, mainly Bengali Muslims, Amna Malik with the protests and those officials were working were butchered in what became known as the Govt, BISP move lauded w to identify violent demonstrators caught on video. Nellie massacre. This year a citizenship registry Friday’s funeral procession for Sam Stafford, 18, left off 1.9 million people many of them Muslims who was killed in the demonstration, was attended unable to prove that they or their forebears were he government’s move to streamline the database of Benazir Income ndia is under the grip of violent protest dem- by hundreds of angry and distraught mourners who in Assam before 1971, leaving them to face pos- Support Programme (BISP) and exclude undeserving persons from onstrations over the controversial citizenship shouted, Long live Assam. We were watching news sible statelessness. There has been this agitation the list of beneficiaries has been widely appreciated by the differ- bill. Now the protests against a divisive new all day on TV about the protests when my nephew [against] illegal migration from Bangladesh over ent circles of society. These individuals include civil servants of the citizenship law raged as Washington and left home in the evening. We asked him not to go many years. They feel that their rights to land, to federal or provincial governments and those who hold more than London issued travel warnings for northeast but he went with his friends. Anticipating further jobs, and the entire social fabric, education, existing T12 acres of agricultural land. Under the Benazir Income Support Program, it was IIndia following days of violent clashes that have unrest, authorities extended an internet ban across social services and so on will be impacted by this. decided to increase the quarterly compensation from Rs5,500 to 6,000, which killed two people. Assam until Monday. Most shops were shut and US professor, Gregory Stanton, President of the was renamed as Ehsaas Program. Many in the far-flung, resource-rich northeast anxious residents stocked up on supplies Saturday organisation Genocide Watch, warns that Muslims There are 153302 people who traveled abroad once, 195364 spouses traveled fear the new legislation will grant citizenship to when the curfew was relaxed during the day. in Kashmir and Assam are just one step away from abroad, 10476 people traveled more than once, 166319 spouses have traveled large numbers of immigrants from neighboring The Citizenship Amendment Act allows for the extermination. Stanton made the statement at a abroad more than once. BISP has been supporting the poor since long and so far Bangladesh, whom they accuse of stealing jobs and fast-tracking of applications from religious minori- briefing to the US Congress on Kashmir and the it has distributed around Rs700 billion among poor but politicians added millions diluting the region’s cultural identity. Several thou- ties, including Hindus and Sikhs from Pakistan, NRC, organised by the Indian American Muslim of undeserving to the list of beneficiaries which was cruelty. sand protesters rallied in New Delhi late Saturday Afghanistan and Bangladesh, but not Muslims. Council, Emgage Action and Hindus for Human Now the government has decided to remove over eight hundred thousand to urge Prime Minister Narendra Modi’s govern- Samujjal Bhattacharya from the All Assam Students Rights. people from the list of beneficiaries which will save Rs16 billion annually which ment to revoke the law, some holding signs reading: Union, which has been at the forefront of the pro- Stanton said preparation for genocide is definitely can be used to support the deserving which is a laudable move. How can those Stop Dividing India. tests, the group would continue its fight against the under way in India, The persecution of Muslims in who own vehicles have land over 12 acres, travel abroad and pay heavy utility People are not gathered here as Hindus or new law in the streets and in the court. Assam and Kashmir is the stage just before geno- bills can get aid under BISP which was meant for the poor. Muslims; people are gathered here as citizens of Modi and Japanese counterpart Shinzo Abe post- cide. The next stage is extermination that’s what we A political party is opposing this move with full force which indicates its in- India. We reject this bill that has been brought by poned a summit that was reportedly due to be held call genocide. Stanton alleged Assam was seeing the volvement in the corruption which deprived poor of their right for years for the the Modi government and we want that equal treat- in Guwahati beginning Sunday, and the United “construction of a pretext for expulsion of Muslims. sake of political popularity. BISP is the largest social safety net in Pakistan and ment as is enshrined in our constitution. Protests States and Britain warned their nationals to ex- its performance has been repeatedly lauded at home and abroad by various turned violent in West Bengal state, a hotbed of ercise caution if traveling to the wider northeast Author is the President, Center of Pakistan and institutions and now it will be able to support the poor in an effective way. Such political unrest, with at least 20 buses and parts region. Islamic groups, the opposition and rights International Relations (COPAIR) and Editor-in- initiatives are essential to help poverty-stricken people, therefore, these programs of two railway stations set on fire as demonstra- organizations say the law is a part of Modi’s Hindu Chief of ‘Mélange int’l Magazine’ and ‘ The Asian need to be managed in a way that the benefits reach the targeted people and tors blocked roads and set fire to tires. No injuries nationalist agenda to marginalize India’s 200 mil- Telegraph’ political interference is avoided. were reported. lion Muslims. He denies this and says that Muslims Energy costs & Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect The Asian Telegraph point-of-view industrial future Today in Hist ry January 2, 1929 Both the United States and Canada had Int’l Pact to preserve Niagara Falls he 2019 was a very tough year for the masses and the business com- signed an agreement to protect Niagara Falls. munity. The painful year has passed and the situation may become This particular signed document pertained a little better in 2020 but some challenges remain which should be to the proposal of construction north of the tackled. The rupee should be strengthened by five percent to im- Falls. Issues such as cost and responsibility prove situation and plight of health, education and industrial sector are indicated by this document. On Jan. 2, Tshould be noticed. 1929, Canada and the United States agreed to The government has reduced current account deficit by 75 percent but at a divert the Niagara River to protect the world great cost of compromising production. Excessive devaluation of rupee left semi- famous falls. finished and raw material costly which reduced industrial activity substantially, Niagara Falls was formed during the the country lost a competitive edge in export markets, while many lost jobs. Wisconsin Glaciation, part of the last ice age The reduced the real income of masses and increased inflation acted as a dou- over 10,000 years ago. Part of the Niagara ble-edged sword to hurt masses as the price of edibles witnessed an increase of River, it is made up of two separate water- over 20 percent. Exchange rate erosion, 13.25 percent interest rate, unrealistic falls—the Horseshoe Falls in Canada and the tax target and policy of holding back refunds damaged the economy while the Bridal Veil Falls in the United States—divided prices of petrol, gas, and electricity were upward revised dozens of times put- by Goat Island. ting extra burden of trillions of rupees on the masses facing runaway inflation. If left alone, erosion would cause the falls to The power sector receivables continue to rise while the government is rely- recede. “Niagara Falls is unceasing, deafening, ing on raising tariffs to meet the IM’s condition regarding cost recovery while destructive motion—one of these centuries, the general public and productive sectors bearing the cost of the sector’s inef- in fact, it will destroy itself,” writes Newsweek. ficiencies and mismanagement. Failed institutions must be sold while the budget Niagara Falls was not left alone, however; in allocated for health and education should not be used for other sectors as it is the 19th century, industrial developers began hurting the masses. using the falls for hydroelectric power, while The government should speed up reforms in the energy sector so that the tourists flocked to see its natural beauty. economy can progress in a sustainable manner. The infamous circular debt has In 1885, responding to concerns about in- reached Rs1.7 trillion and it will surpass Rs two trillion by the next year posing a dustrial development on both sides of the falls, serious threat to the economy. Rising prices of electricity and gas will jeopardize the Niagara Appropriations Bill was signed to industrial future of the country, therefore, mismanagement and inefficiency in protect land from private developers. It created these sectors should be tackled. the Queen Victoria Niagara Falls Park in Ontario and the Niagara Reservation State Park in New York—the first state park in New York. TAT Special Natalie Portman on her personal triumphs Zulfiqar Bukhari visits

NEW YORK Burn Center at PIMS Natalie Portman tends to keep her personal life personal, opting to share more about her work and activism interests than her marriage and family on social media. She made an exception to that rule, when she got nostalgic and proud while looking back on a decade that saw her marry choreographer Benjamin Millepied, become a mom for the first and second times, add director to her resume and take home a Best Actress Oscar for her performance in Black Swan. She went on to hint at some of her dreams for the com- ing 10 years and to wish her IG followers happiness and fulfillment in 2020, adding, Hoping the next decade only brings further adventures, beauty and fulfillment and a deepening appreciation of our planet and its wonders. The thoughtful post caught the attention of Laura Dern, who appeared in a photo in the collage with Natalie, Brie Larson, Reese Witherspoon and other women involved in the Time’s Up movement, and responded in the com- ments with four red hearts. Natalie married Benjamin in 2012 after meeting him on the set of Black Swan. The couple said I do in Big Sur about a year after welcoming their son, Aleph. Their  OUR CORRESPONDENT A few days ago, a restaurant in the Sector daughter, Amalia, followed in 2016, the same year she ISLAMABAD F-section of Islamabad exploded with a gas wrapped work on her directorial debut, 2017’s Eating Syed Zulfiqar Bukhari assured him of cylinder blast and injured people. Two Animals. I think being a mother made me realize how full support from the government. Syed people were injured in the blast, of which 3 maternal the role of director is, she told the T magazine Zulfiqar Bukhari solved these cases with were discharged. Five of them are severely in 2016. It made me much calmer under stress because the help of Bait-ul-Mul and directed the injured due to burns up to 5%, and their there’s that weird parent thing you develop, that when PIMS administration to cooperate as families have requested financial help for things get really bad, your voice gets calm and your blood possible. their treatment. pressure slows and you can make everything OK again.

A broader approach to identifying brain cells

CHICAGO changes over time. the identities gleaned from other attributes, such A longstanding goal in neuroscience is to classify Along with their collaborators, NS&B instruc- as innervation patterns, morphology, and physiol- the brain’s many cells into discrete categories tors Hans Hofmann, David Schulz, and Eve Marder ogy. Thus, this multimodal approach has the po- according to their function. Such categories can put two popular RNA-based methods to the test: tential to reveal a more accurate portrayal of cell help researchers understand the complex neural single-cell RNA sequencing and quantitative RT- identity than RNA sequencing alone. circuits that ultimately give rise to behavior and PCR. They applied these techniques to two well- According to Hofmann, most studies don’t bother disease. However, there’s little consensus about studied nerve clusters in the crab Cancer borealis to validate transcriptomic data with other metrics what metrics should define a cell’s identity. -- the stomatogastric and cardiac ganglia -- which of cell identity like morphology and physiology. In a new study, a collaboration born in part from allowed them to compare the results from the Classification and characterization of cell types the Neural Systems & Behavior (NS&B) course at RNA-based approaches to other known metrics is often performed within the context of specific the Marine Biological Laboratory tests the notion of cell identity. studies, and not based on a systematic approach, that a cell’s identity can be described solely by the They found that the cell identities generated he says. We really have to collect a lot of additional genes it expresses. The study advocates a more by the complete RNA profiles, or transcriptomes, data, even across species, to come up with a robust multimodal approach to defining cell identity. did not match the existing cell identities they had taxonomy of cell types. By using popular and powerful RNA sequenc- compiled over years of observation. In fact, cat- RNA sequencing is tremendously promising and ing techniques, researchers can take a snapshot of egorizing cells based on their entire transcriptome powerful, but this study provides a valuable and all the genes that are currently turned on inside a ultimately yielded scrambled identities. necessary check, Schulz adds. Rather than relying cell. But it’s becoming increasingly clear that such However, as the researchers further refined their entirely on analytics applied blindly to cell type, strategies may be limited in their ability to give selection of key genes to input into their analysis, whenever possible it’s important to consider mul- a complete picture of cell identity, or represent the RNA profiles began to more closely resemble tiple modalities of information as well. Thursday, January 02, 2020

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PSX begins year with bullish trading OPEN MARKET FOREX RATES Currency Buying Selling Australian Dollar 106.5 108 Bahrain Dinar 406 408 Benchmark index increases Ivanka, Melania stun at Canadian Dollar 117 118.5 Trump’s New Year’s party China Yuan 22.1 22.25 664.92 points to settle at 41,400 Danish Krone 23 23.3

Euro 172 174 KARACHI sion, the market went up 809 points. Hong Kong Dollar 19.8 20.05 Investors welcomed the new year Buying activity was seen across the with bullish sentiment as the bench- board, especially in banks and ce- Indian Rupee 2.12 2.19 mark KSE-100 index surged 665 ment companies. K-Electric recorded Japanese Yen 1.39 1.42 points on the very first day of the the highest trading volume of 119 year 2020. Investor participation in- million shares, which came on the Kuwaiti Dinar 508.5 511 creased in big numbers as optimism back of quarterly tariff adjustment prevailed because the year 2019 announced by the National Electric Malaysian Ringgit 37.45 37.8 ended on an upbeat note for the Power Regulatory Authority (Nepra). NewZealand $ 103.45 104.15 stock market. The KSE-100 index Trading volumes increased signifi- closed the previous year as one of cantly to 330 million shares, with the Norwegians Krone 17.4 17.65 the best-performing indices in the index crossing the 41,500-point level. Omani Riyal 401.5 403.5 region with a 10% return. The power sector led the volumes Buying was witnessed across the with trading in 121 million shares, fol- Qatari Riyal 42.35 42.7 board with all index-heavy sectors lowed by the technology sector (30.2 Saudi Riyal 40.85 41.3 ending the day with substantial gains. value of shares traded during the day at Rs15.45. million) and vanaspati sector (26.6 Earlier, trading kicked off on a posi- was Rs8.1 billion. Shares of 361 com- Foreign institutional investors million). Among individual stocks, Singapore Dollar 112.25 114.5 tive note and the market saw inves- panies were traded. At the end of the were net sellers of Rs291 million K-Electric led the table followed by FLORIDA Swedish Korona 16.7 16.95 tors’ cherry-pick stocks. The uptrend day, 280 stocks closed higher, 67 de- worth of shares during the trading Unity Foods (26.6 million shares) and continued for the rest of the day. In clined and 14 remained unchanged. session, according to data compiled Fauji Foods (17.5 million). The mother of three and daughter of President Swiss Franc 158.4 159.3 the final hour, the index crossed the K-Electric was the volume leader by the National Clearing Company of In its report, Topline Securities Trump, 38, celebrated New Year’s Eve with fam- 41,500-point mark, however, correc- with 119.4 million shares, gaining Pakistan. At close, the benchmark KSE stated the KSE-100 index recorded ily and friends at Trump’s annual New Year’s Eve Thai Baht 5.05 5.15 tion before the close pushed it down Rs0.39 to close at Rs4.76. It was fol- 100-share Index recorded an increase a massive growth of 665 points. party at his Mar-a-Lago resort here. U.A.E Dirham 41.85 42.25 slightly. lowed by Unity Foods with 26.6 mil- of 664.92 points, or 1.63%, to settle at Investor sentiment was largely posi- Ivanka was attired in an elegant, red satin gown Overall, trading volumes soared to lion shares, gaining Rs0.72 to close 41,400. The first day of 2020 started tive as CPI for the month of December complete with cape as she arrived at the festivi- UK Pound Sterling 201 204 330.7 million shares compared with at Rs16.83 and Fauji Foods with 17.5 with a bang and contributed +665 was in line with street consensus, it ties hand-in-hand with her 8-year-old daughter, US Dollar 154.4 155.1 Tuesday’s tally of 177.1 million. The million shares, gaining Rs0.98 to close points to the index. During the ses- said. Arabella. Her husband and Arabella’s father, Jared Kushner, and the couple’s other two chil- dren sons Joseph, 6, and Theodore, 3 were also Transparency in attendance. Gold dips by First Lady Melania Trump looked festive in a black-and-gold ombre gown that featured a cas- Foreign currency credit EOBI to digitalize employees’ Rs200 per tola cade of sequins. She arrived with the president, card transactions who wore a classic black tuxedo and a black decline: SAMA across country bowtie. Trump says he would be happy to have registration & disbursement data an impeachment trial in the Senate but doesn’t RIYADH really care.  OUR CORRESPONDENT RAWALPINDI Mariah Carey’s Twitter Employees’ Old-Age Benefits Hacked Institution (EOBI) Chairman Azhar Hameed has said that the registration of employees and disbursement data is being made digital so that transparency is maintained. The online portal and KARACHI direct registration will greatly im- The gold prices on Wednesday de- prove the service delivery of the creased by Rs200 per tola and is being organization. He expressed these currently traded at Rs88,100 in the The Saudi Arabian Monetary views while addressing the busi- directly to them, which will take im- He said reforms were being made to local market. The price of 10-gram Agency (SAMA) revealed that credit ness community during his visit mediate action. He informed that dur- improve the performance of the insti- gold decreased by Rs172 and traded card transaction amounts in foreign to the Rawalpindi Chamber of ing the FY 2018-19,EOBI has disbursed tute and ensure transparency. Another at Rs75,531 in the domestic market. currencies had noticeably declined Commerce and Industry (RCCI) pensions worth Rs33 Billion. The first project is underway, in which employ- In the international market, the prices during the last months of 2019, the here on Wednesday. ever ‘Pension Day’ ceremony was or- ees will also be able to get discounts of yellow metal rose their highest in Saudi Press Agency (SPA) reported. Chairman Azhar Hameed said that ganised to recognize the contributions from different hospitals, utility stores, more than three months on Tuesday According to SAMA, the amounts of no business center/organization would made by the private sector in ensuring etc. He urged for better cooperation and as a weak dollar encouraged investors transactions decreased by 25 percent be harassed by the EOBI in the name Employees Old-Age benefits includ- assistance to work with their organiza- to buy gold. The price of per ounce gold in November to reach about SR1.27 of audit or registration of employees. ing pensions and grants paid to those tion to resolve issues like monthly pay- raised by $11 and was traded at $1522 billion ($338.5 million) compared to Employer can send their complaint working in the private sector, he added. ment shortfall. in the international market. SR1.71 billion in the corresponding month of the previous year. These amounts also decreased in September and October by about 18.7 percent NEW YORK and 28.3 percent, respectively, China to cut RRR by 50 basis points Mariah Carey’s Twitter account appeared to compared to the same period last year. have been hacked Tuesday afternoon, a company This decline in the transactions’ spokesperson confirmed. Screenshots show a amounts coincided with the launch of BEIJING urged financial institutions to effectively use the ad- sure amid intertwined structural, institutional and series of inappropriate tweets apparently sent a number of seasons and events held The People’s Bank of China (PBOC), China’s ditional funds to increase support for small, micro cyclical problems, pledging stronger policy moves to out from Carey’s account — the singer has 21.4 in several regions and cities across the central bank, on Wednesday decided to cut the and private businesses. More than 120 billion yuan keep the economy on a stable track. In 2020, mon- million followers on Twitter — on New Year’s Kingdom. Conversely, the amounts of reserve requirement ratio (RRR) for financial in- in long-term funds is expected to be unlocked for etary policy should be pursued with moderate flex- Eve. sales points sales operations in the stitutions by 50 basis points from Jan. 6 to spur small and medium-sized lenders, which will build up ibility to maintain market liquidity at a reasonably Among the messages were references to Kingdom grew significantly in recent the real economy. The move will cut the cash that their capacities to support the targeted enterprises, ample level, according to the conference. Wen Bin, Eminem and a retweet of another account refer- months, increasing by 30 percent lenders must hold as reserves, releasing about said the central bank. Meanwhile, the move will slash chief analyst at China Minsheng Bank, said the move encing the rapper’s daughter? Eminem can still in November 2019 to reach SR25.8 $114.6 billion of long-term liquidity to bolster banks’ capital costs by 15 billion yuan per year, which was in line with market expectations as the maturity hold this p—y, one tweet read. Other messages billion, compared to about SR19.9 the economy and reduce social financing costs. would help reduce the real cost of social financing. The of 600 billion yuan of reverse repos in January, coupled mentioned the Chuckling Squad, a hacker group billion in November 2018. The An unnamed official with the PBOC said the reduc- New Year move came as the Chinese economy ended with tax payments and higher cash demand during that compromised the Twitter account of Twitter restaurants and cafes sector also saw tion will offset the impacts of strong cash demand 2019 on stable footing despite domestic headwinds the Spring Festival, will put strains on liquidity. Wen CEO Jack Dorsey in August. The group has also growth of 54 percent in November ahead of the Spring Festival to keep overall liquidity and external uncertainties, but downward pressures expected the reduction to lead to lower pricing of the claimed responsibility for hacking other celebrity 2019. in the banking system basically stable, denying flood- still loom large. The year-end tone-setting Central new loan prime rate (LPR) to be announced later this accounts, including actress Chloë Grace Moretz. like stimulus. The stance of prudent monetary policy Economic Work Conference last month noted that month, with the one-year LPR at 4.1 percent and the The last tweet appeared at 3:35 p.m., showing has not changed, the official stressed. The central bank the country faces rising downward economic pres- above-five-year LPR at 4.75 percent. a photo of a shirtless teenager with the caption reading, xbox n. Since the hack, all tweets have been removed from Carey’s account. As soon as we were made aware of the issue, we locked the compromised account and are currently inves- tigating the situation, a Twitter spokesperson PSL 2020 ATP Cup: said. . Meghan’s 90s throwback Medical experts assess air snaps Gladiators, United to open the League quality at GB venue

Gaddafi Stadium’s Count Down Clock catches immense attention SYDNEY Medical experts will monitor air ISLAMABAD/LAHORE 2017 winners and the quality during the ATP Cup in Defending champions Quetta Gladiators 2019 losing finalists, will Australia as bushfires rage close will contest against two-time cham- be in action in one match to the tournament’s Sydney venue. pions Islamabad United in the opener each in Lahore and Multan, Firefighters in New South Wales of Pakistan Super League (PSL) 2020 three in Karachi and five in sheltered in their truck as it was on February 20 at National Stadium Rawalpindi. overrun by flames. Measures have Karachi (NSK). In a schedule released by Islamabad United will play been taken to ensure the safety of the Pakistan Cricket Board (PCB) 50 days three matches in Lahore, players, staff and spectators in the will also take place in Brisbane and prior to the fifth edition of the league, two in Karachi and five in Ken Rosewall Arena in Sydney’s Perth, which have so far been unaf- Karachi will host nine matches including Rawalpindi; Karachi Kings Olympic Tennis Centre. The fected by the bushfires that have killed the mesmerizing opening ceremony on will play two matches in British team will play their group at least eight people in the Sydney area February 20, Lahore will conduct high- Lahore, five in Karachi, games at the venue, which will and across the states of New South est 14 matches while Rawalpindi and one in Multan and two in also host all knockout matches. Wales and neighbouring Victoria. Multan, on their debut, will host eight Rawalpindi; Multan Sultans GB’s opening tie against Bulgaria We have got medical experts on site and three matches respectively. will play five matches in will start at 06:30 GMT on 3 during the tournament who will be A total of 36 matches will be staged en- Lahore, one in Karachi, January. advising in relation to conditions and tirely in the country as the PCB fulfilled its three in Multan and one in Some of the world’s top players are ensuring it is safe for players to play promise to bring the league back to where will play three matches in Lahore, four Rawalpindi; and Lahore Qalandars will due to take part in the new 24-nation and also safe for our fans and our ball it belongs. It must be noted here that the in Karachi, one in Multan and two in play eight matches in Lahore and one each men’s team event, including Rafael boys and staff, said tournament direc- LONDON reigning champions Quetta Gladiators Rawalpindi; while Peshawar Zalmi, the in Karachi and Rawalpindi. Nadal and Novak Djokovic. Matches tor Tom Larner. Ladies if there was ever a doubt that with every new decade comes the opportunity to ‘glow up’, let it be wiped away with these throwback pics of Ice Ribbon a 90s lovin’ Meghan Markle. We’re used to seeing Meghan dressed to pared-back perfection, her hair carefully styled and her make-up matte and chic. So when a picture of her from the 90s began Beijing 2022 venue main structure completed to circulate we did a double take. Sitting on top of her friend’s lap, Meghan is proudly sporting a chocolate frosted lip and skinny brows. BEIJING the free curving curtain wall of the oval will use heat generated from ice-making spectators’ seat area will be kept around 16 The picture was uploaded to an Instagram The National Speed Skating Oval, which represent the hardwork of all construc- to melt ice in the ice-melting cistern and degrees Celsius, making the watching expe- page called Nineties Anxiety which features hun- will host speed skating competitions tors over the past year. maintain ice surface. These techniques rience comfortable. dreds of throwback snaps. Meghan is wearing a during the Beijing 2022 Olympic and The skating hall of the Oval has an ice sur- will help to save about 2 million kilowatt- Completing the main structure of the blue velvet dress and her usually curly hair is Paralympic Winter Games, has seen its face of about 12,000 square meters, mak- hours of electricity per year. National Speed Skating Oval means all straightened. The whole thing is peak 90s from main structure construction completed ing it the largest speed skating stadium in By using artificial intelligence in ice- venues in Beijing and Yanqing zone are her friend’s black tattoo choker, the shimmery on Tuesday, according to constructors. Asia, introduced Wu Xiaonan, chairman making system, indoor environment progressing as scheduled in 2019, said silver shadow and the barrel curls. What the Oval is to Beijing 2022 is like of Beijing’s National Speed Skating Oval. control and energy conservation, the Huang Hui, deputy vision director of Another snap shared on the site shows her a what the Bird’s Nest stadium was According to Wu, the venue, also known oval will be able to accurately control the construction vision of Beijing Major year on in a decidedly more daring ensemble. to Beijing 2008, said Ding Jianming, as the “Ice Belt”, is a sustainable venue the temperature and thickness of the ice Projects Construction Headquarters Office. The future Duchess opted for a black sparkling deputy director of the Beijing Major equipped with state-of-the-art technology, and the stability of its surface, providing As planned, further construction of the Oval gown with a deep neckline as she headed off to Projects Construction Headquarters including innovative energy-conservation athletes with favorable skating condition. will be finished by June to meet the require- her senior dance. Office. The completion of the roof and and low-carbon emission techniques. It At the same time, the temperature of the ments for test events. The Asian Telegraph Thursday, January 02, 2020 www.theasiantelegraph.net

Uninterrupted gas supply to CNG stations CDWP okays 08 projects 12pc additional gas being worth RS 13b provided to consumers:  OUR CORRESPONDENT in 11 districts of the Punjab to increase Omar Ayub ISLAMABAD qualitative and quantitative improve- Central Development Working Party ment in Punjab’s Human Development  OUR CORRESPONDENT (CDWP) on Wednesday approved Index and related indicators. ISLAMABAD 08 projects worth Rs. 13 billion and A project related to Mass Media Federal Minister for Power Omar recommended 05 projects worth Rs. was presented titled Construction of Ayub Khan says domestic demand 112.20 billion to ECNEC for consid- Auditorium at Pakistan Academy of for gas has gone up by almost 20 eration. CDWP met here with presided Letter worth Rs. 110.469 million was ap- per cent. Taking to Twitter on over by Deputy Chairman Planning proved in the meeting. A project related Wednesday, he said apart from CNG Commission Mohammad Jehanzeb Khan to Manpower namely Improvement of stations, all consumers are being in the chair. Secretary Planning Zafar Livelihood and well-being of Female supplied gas. CNG stations will be Hasan, senior officials from federal and Home Based workers (FHBWs) in infor- provided gas intermittently during provincial governments were also pre- mal Economic Sector in Sindh Province January and fully in February, the sent in the meeting. Projects related to worth Rs. 541.086 million was approved minister said, adding record-breaking Food & Agriculture, Health, Mass Media, in the meeting. A project related to and extended cold spell has resulted Manpower, Industries & Commerce, Industries & Commerce was presented in low pressure across the system, Physical Planning & Housing, Transport namely Procurement of 3 Nos. latest which is expected to improve in a & Communication and Water Resources Printing Machines for Modernization of week. were presented in the meeting. Survey of Pakistan worth Rs. 483.639 Country wide we were providing A project related to Food & Agriculture million was approved by CDWP. more than 12% extra gas compared namely “Gwadar Lasbela Livelihoods The project envisages modernization of to last year December, he said. In Support Project-II” worth Rs 12,328.55 Lithographic Printing Office of Survey of SNGPL system, supply to domestic million was referred to ECNEC. The Pakistan by replacement of old machines sector was avrage 831mmcfd in GLLSP-II envisage to constructed 3 jet- with latest printing machines. Four December2018. In first 15 days of Foreign Minister Makhdoom Shah Mehmood Qureshi addressing the followers at the occasion of 706th Urs ties, establish 8 hatcheries and 80 com- projects related to Physical Planning & this month we supplied 30% more. ceremony of Hazrat Shah Rukan-Ud-Din Alam (RA) in Multan on Wednesday. Photo: PID mercial net cultures, 100000 out 133087 Housing were presented in the meet- households will be covered in Gwadar- ing. First project titled Construction of Lasbella comprising 400 villages and 45 Eastern Wastewater Treatment Plant (44 150 days of IoK’s lockdown in IoK UCs. MGD) of Faisalabad City (Phase-1) worth A project related to Health namely Rs. 19071 million was referred to ECNEC Punjab Human Capital Investment and the second project titled Promoting Project worth Rs. 32000 million was Sustainable Urban development through referred to ECNEC. The project envis- Resilient Resources Management with ages increasing access to quality health, a participatory Approach in Mansehra education and social protection services worth Rs. 1040.60 million was approved Enemies bound to fail in among poor and vulnerable households in the meeting. hybrid war against Pak: FM Pakistan reaffirms support and solidarity with Kashmiris

MULTAN / ISLAMABAD posed. The enemy wanted to create divi- 900,000 Indian security personnel, perse- We deplore the continuing proclivity of Foreign Minister Makhdoom Shah sion among our people and weaken us cuting them day and night with impunity. Indian political as well as military leaders Governor Sindh Imran Ismail and Federal Minister for Planning & Mehmood Qureshi Wednesday said psychologically through negative tactics, India’s farcical claims of normalcy re- to fabricate “facts” with regard to “terror- Development, Asad Umar chairing a meeting of Sindh Infrastructure that Muslims were facing severe cruel- he said. Qureshi stated that Pakistan was turning to the situation in IOJ&K carry no ism” or situation along the Line of Control Development Corporation at Governor House, Karachi on Wednesday. ties in India. While addressing Zakariya fully capable of decimating nefarious de- credibility whatsoever. We will continue (LoC) as part of their attempts to mislead Photo: PID Conference after inauguration of three- signs of the enemy. to stress the importance of urgent and ef- the world and with the possible intention day 706th Urs of Hazrat Shah Ruknuddin Foreign Minister maintained that fective steps by the world community to of staging some false flag operation. They Alam here, Foreign Minister said that what Pakistan was a powerful country, despite address India’s state-terrorism against the would be well-advised to look inwards and Centre to work with Sindh was happening with minorities in India, the fact that it faced temporary economic Kashmiri people, who are demanding their curb the growing saffron terror, which is made us understand the immense value challenges, adding that all such issues legitimate right of self-determination as increasingly a matter of concern for the and importance of Pakistan. would be overcome and overpowered enshrined in the United National Security international community. Islamabad issues funds for He said Muslims were not allowed to soon. Shrines exude message of unity Council Resolutions. In the context of situation in IOJ&K, we congregate even for Friday prayer in and tolerance among the people, Qureshi Among other things, India must imme- reject the new Indian Army Chief’s irre- Indian Occupied Jammu and Kashmir. observed and added that myriads sought diately lift the continuing lockdown and sponsible statement regarding pre-emp- Karachi’s mega projects: Asad India always claimed to be a secular state guidance from teachings of sufi saints. communications restrictions imposed in tive strikes across the LoC inside Azad but minorities were suffering persistent Meanwhile, Pakistan reaffirms its un- IoJ&K since August 5, free all detainees Jammu & Kashmir (AJ&K). There should KARACHI ticking there shouldn’t be any politics on hardships, stated FM Qureshi. flinching support and solidarity with the particularly young children, release the be no doubt about Pakistan’s resolve and Federal Minister for Planning and matters relating to the improvement of He said the Hindutva philosophy of Modi Kashmiri people as the inhuman lockdown senior Kashmiri leadership, remove all readiness to thwart against any aggressive Development Asad Umar on Wednesday the lives of citizens. government has deprived the minorities in Indian Occupied Jammu & Kashmir draconian laws including PSA and AFSPA, Indian move, inside its territory or AJ&K. said the federal government is willing to Prime Minister Imran Khan had de- of their religious and other rights stated (IOJ&K) reaches 150 days. As part of our withdraw its 900,000 security personnel No one should forget Pakistan’s befitting work with Sindh for the betterment of cided to appoint him as the focal person clearly in the Indian constitution. unstinted moral, political and diplomatic from the occupied territory, and allow un- response to India’s Balakot misadventure. the province’s people. Asad Umar was for the implementation of the Centre’s The Foreign Minister Makhdoom Shah support for the Kashmir cause, Pakistan hindered access to international humani- Despite India’s provocations, Pakistan will addressing a press conference in Karachi projects in Sindh two months ago, the Mehmood Qureshi stated that enemy was will continue to raise at all international fo- tarian and human rights observers and continue contributing to all efforts of pro- along with Sindh Governor Imran Ismail federal minister said. He said the govern- conspiring to create chaos in Pakistan, rums the plight of over 8 million innocent the international media to the occupied moting peace, security and stability in the and Maritime Affairs Ali Zaidi. He said ment has allocated budget for the Green adding that hybrid war was being im- Kashmiris under the brutal occupation of territory. region and beyond. every political party had the right to poli- Line bus project this year. 210 Kashmiris martyred in IoK Let’s get Brexit Indian forces violate LoC done, Johnson Pak-China free trade pact over 3000 times in 2019 tells Britons LONDON goes live British Prime Minister Boris Johnson pledged to waste no time in deliver- ing Brexit before moving on to the BEIJING/ISLAMABAD “people’s priorities” of funding Phase two of the much-touted China- schools and hospitals. In his New Pakistan Free Trade Agreement came Year message, Johnson promised into effect as of Wednesday. The new to complete the UK’s divorce from phase will allow Pakistani manufactur- the European Union by the end of ers and traders to export around 313 January, repeating the campaign mes- new products to the Chinese market sage that saw his Conservative Party with zero duties, Secretary Ministry of win its largest majority in more than Commerce Ahmad Nawaz Sukhera said three decades in the December12 in a tweet. general election. The implementation of the agreement’s The necessary legislation has second phase, he added, would make already begun its passage through 90% of China’s global imports duty-free Parliament and, once MPs return to for Pakistan. Confident that it will help Westminster, we’ll waste no time in our exports increase substantially, he finishing the job, Johnson said. Before added. Beijing earlier approved prema- ISLAMABAD/SRINAGAR has been weighing all options to tackle the Christmas recess, his Brexit deal ture activation of the second phase of the The Senate Committee on Kashmir the Kashmir issue and dispelled the im- with Brussels easily cleared its first pact with Pakistan, signed during Prime Affairs and Gilgit Baltistan was in- pression that the issue has died down. hurdle in the House of Commons, and Minister Imran Khan’s visit to China last formed on Wednesday that Indian forces On the other hand, Indian Forces in its ratification in January is expected April. breached ceasefire along the Line of their unabated acts of state terror- to be a formality. He appealed for the Pakistan is already enjoying zero du- Control (LoC) on more than 3,000 occa- ism martyred at least 210 innocent country to turn the page on the divi- ties on exports of 724 products to China sions in 2019. The committee met with Kashmiris, including three women and sion, rancour and uncertainty which under the first free trade pact signed be- its Chairman, Pakistan Muslim League- nine teenagers, in the outgoing year, ac- has dominated public life, and said tween the two countries in 2006. After Nawaz (PML-N) Senator Prof Sajid Mir cording to data compiled. A total of 14 the 2020s promise to be a remark- implementation of the second pact, in the chair. women lost their spouses and 29 chil- able decade for the UK. Pakistan has been allowed to export Foreign Office official Dr. Muhammad dren their parents while 64 women were Johnson appears determined to more than 1,000 products to China with Faisal informed that details about Indian molested by the men in uniform. Indian try to retain the Labour voters who zero duties. The new facility will par- ceasefire violations are being compiled. forces destroyed as many 249 residential switched to the Conservatives this ticularly benefit the agriculture, leather, He maintained ceasefire breaches by houses during this period. time, enabling the Tories to win seats confectionary items, and biscuits prod- The two longtime allies are also part- cally important northwestern Xinjiang Indian forces along the frontier that As many as 2,417 people were injured in the main opposition party’s tradi- uct sectors as well. Last year, Pakistan ners in the multi-million-dollar China- province to the Gwadar port in southern divides the disputed Himalayan region including 827 in pellet firing when tional strongholds in northern and signed an agreement with China to use Pakistan Economic Corridor (CPEC), part Pakistan through a network of roads, of Jammu and Kashmir has become the troops used brute force on protesters central England. Chinese currency for bilateral trade to of China’s Belt and Road Initiative, an railways, and pipelines to transport order of the day over the past few years. and during house raids and crackdowns. Funding the state-run National get rid of the dollar burden in $15 billion ambitious project to connect Asia with cargo, oil, and gas. The economic cor- Dr Faisal explained the Indian high A total of 162 people lost vision after Health Service will always be my bilateral trade. Africa and Europe via land and maritime ridor will not only provide China with commissioner in Pakistan is sum- being hit by pellets in one eye. 12,892 top priority, the prime minister said, According to official data, Pakistan and networks to boost trade and stimulate cheaper access to Africa and Middle East moned to record a protest with the people including Hurriyat activists, stu- parking his tanks firmly in an area China’s bilateral trade volume grew to economic growth. but will also earn Pakistan billions of dol- neighbouring country whenever such dents, young boys, and women were ar- where Labour is typically perceived reach some $15.6 billion in the 2019 The $64 billion mega-project signed in lars for providing transit facilities to the violation takes place. He said Pakistan rested during the year. to hold an advantage. fiscal year, up from $2.2 billion in 2005. 2014 aims to connect China’s strategi- world’s second-largest economy.

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