“Forge a global al- liance against the rise and spread of Islamophobic as well as other violent national- ist and racist groups.” foreign minister of pakistan Thewww.theasiantelegraph.net AsianWednesday, Jun 02, 2021 Telegraph | Vol: XII, Issue: 39 ABC CERTIFIED /asian_telegraph /asian_telegraph w us /theasiantelegraph

/asian_telegraph w us /theasiantelegraph /company/theasiantelegraph /company/theasiantelegraph ollo /asian_teleg/asian_telegraphraph /theasiantelegraph /company/theasiantelegraph F w us /theasiantelegraph .theasianteleg.theasiantelegraph.netraph.net Price Rs 8| Pages 4 ollo F w us /theasiantelegraph /company/theasiantelegraph .theasiantelegraph.net /company/theasiantelegraph ollo F .theasiantelegraph.net ollo PledgingF .theasianteleg cordialraph.net ties, Chinese Ambassador President of Republic called on Minister of of Tajikistan to arrive State for Information Islamabad today and Broadcasting Pakistan and Tajikistan enjoy close brotherly Farrukh Habib apprised H.E. Nong Rong about the relations underpinned by commonalty of Allama Iqbal Special Economic Zones in Faisalabad faith, shared history and cultural affinities ISLAMABAD ISLAMABAD Chinese Ambassador to Pakistan H.E. Nong Rong Pakistan and Tajikistan enjoy close brotherly called on Farrukh Habib, Minister of State for relations underpinned by commonalty of faith, They exchanged felicitations on the successful shared history and cultural affinities. These Informationcompletion ofand 70 Broadcasting years of diplomatic in his office relations today. ties are characterized by mutual respect, between China and Pakistan. Minister of State told shared perceptions and a common desire to the Ambassador that China is iron brother and all promote peace, stability and development weather friend of Pakistan which always stood by in the region. Islamabad: At the invitation of Prime Minister , President of a testament of our strong friendly relations. People Tajikistan, H.E. Emmalee Rahmon, will pay a Pakistanof Pakistan in difficulthave very times. favorable Karakoram sentiments Highway for is two-day visit to Pakistan on 2-3 June 2021. He China and keep Pakistan, China friendship in high will be accompanied by a high-level delegation. regards. Farrukh Habib also congratulated H.E. Nong Rong on the completion of 100 years of the Pakistan and Tajikistan enjoy close brotherly establishment of Communist Party of China (CPC). relations underpinned by commonalty of faith, He also thanked the ambassador for the Chinese shared history and cultural affinities. These QUETTA help to Pakistan in wake of Covid Pandemic and ties are characterized by mutual respect, on the provision of vaccine. Farrukh Habib praised shared perceptions and a common desire to Chinese quick response to Covid which saved promote peace, stability and development many precious lives. He further said that Pakistan's in the region. Tajikistan is important within PM lauds professionalism, operational response to Covid, under the leadership of Imran the context of Pakistan’s vision for closer ties Khan, was effective and was also praised by WHO. and enhanced cooperation with Central Asia. preparedness of Pakistan Army The State Minister said that BRI is a great initiative The vision emphasizes forging deeper trade, project. Farrukh Habib apprised H.E. Nong Rong investment, energy, security, and people-to- Pakistan, UAE agree to further diversify bilateral ties ofabout regional the Allamaconnectivity Iqbal of Special which CPECEconomic is a flagship Zones people links. During the visit, Prime Minister QUETTA eral Qamar Javed Bajwa - COAS, Lieutenant General ried about the opposition that what will they do now?.” in Faisalabad and said that the special economic Imran Khan and President Rahmon will lead Prime Minister, Imran Khan visited Quetta today and Sarfraz Ali Commander Quetta Corps. Earlier Prime He expressed his belief that the country will achieve zone has great potential for Chinese investment. their respective sides in the delegation-level addressed participants of staff course at Command and Minister Imran Khan on Tuesday said that with Gross Necessary infrastructure in Allama Iqbal Special talks. The two sides will exchange views on Domestic Product (GDP) growth estimated at around “Pakistan will go further up [in economic terms] during economic zone has already been developed, he that Pakistan Army has produced unmatched results deepening bilateral cooperation in diverse furtherour next economic government,” growth he maintained. during the nextPrime fiscal Minister year. told further. The minister of State also called for areas — including political, economic, trade, Staffwhen College, pitched Quetta. against Addressingits adversaries the officers,and successfully PM said had been steered out of economic hardships and was Imran Khan said the present government despite the the need for Pakistani and Chinese companies to deterred the nefarious designs of Pakistan’s enemies. investment, energy, security and defence, 4%set to during achieve the further current growth fiscal in (2020-21),the coming theyear. country “I have economic restraints due to the debt burden it inherited undertake Joint Ventures in textile sector. Farrukh He added that country’s defence is impregnable due good news to share with you that the country is com- and the fact that there was coalition government in the Habib also highlighted the need for city to city culture, education and regional connectivity. to professionalism and battle hardened Armed Forces A number of Agreements/MoUs are expected ing out of economic hardships. The GDP growth is esti- province, was spending much in Baluchistan because it cooperation, research and cooperati on on social of Pakistan. PM deliberated at length upon his vision of mated at around 4% and has been made public,” Imran owned the people of Baluchistan, which was neglected protection programs between China and Pakistan. to be signed during the visit. VoM future of Pakistan where Rule of law, across the board Khan said while speaking to a gathering here at Quaid’s in the past. “If the previous governments would have VoM accountability and justice are order of the day. Estab- residency. The Prime Minister regretted that the oppo- spent more in the Baluchistan in the past, situation of lishment of a prosperous state in line with Islamic sition parties, which have been claiming about the gov- the province would have been better,” he remarked. principles and ideology of our great leaders like Al- ernment’s failure for the last two and half years, were The Prime Minister said that the leaders had two choic- lama Iqbal and Quaid e Azam can be achieved only if - es either to make money for themselves or spend on we work hard consistently as a nation, the PM stated. sition parties wanted the present government to fail in the nation. “If I think about palaces in London, How I PM said that Govt has made all out efforts for progress noweconomic disputing terms, the as GDP they growth feared figure. that if “In the fact government the oppo will think about nation?” he remarked. Imran Khan re- in various sectors like agriculture, industry, technol- succeeds, their politicking would end,” he remarked. ferred to the contribution of Mahatir Muhammad and The Prime Minister said that, “Since the present gov- Lee Kuan Yew – leaders of Malaysia and Singapore, in pursue their dreams without fear of failure to achieve ernment came to power, the opposition parties were the development of their countries and said they did ogytheir and objectives. automation. On his PM arrival advised at Command participant & officers Staff Col to- giving deadlines for the end of government sometime not made money or built palaces in London but served lege Quetta, the Prime Minister was received by Gen- in three months or by December 31 etc. But I am wor- their countries and nations. VoM Pak- Qatar Ties Terrorists won’t be Revenue collection Pakistan desires to further extend bilateral allowed to destabi- SRB announces 'phenomenal' increase relations with Qatar: FM lise peace efforts, in revenue collection for May Pakistan committed to transform brotherly relations Parliamentary delegation from Qatar led by Sheikh In a statement, the SRB said that on the continued trust and cooperation of SRB with Qatar into strong political, economic partnership: Ali Abdullah Thani Al Thani also called on Chair- says COAS recommendation of the Chambers of taxpayers, continuous support by the man Senate Muhammad Sadiq Sanjrani in Islam- Sanjrani RAWALPINDI Commerce and Industry and taxpayer government and the relentless efforts abad today (Tuesday). Both the sides expressed ISLAMABAD associations, its board approved the of the SRB officers and staff". SRB satisfaction on the progress of bilateral relations in Chief of Army Staff, General Qamar Javed Member Qatar's Royal family and chairman Pak- Bajwa visited Corps HQ Quetta today. On proposal of a tax incentive scheme under pledged to "continue to work hard to Qatar Takaful Group Sheikh Ali Abdullah Thani Al the realm of trade and investment. Chairman Sen- ate said that Pakistan is committed to transform its his arrival, COAS was received by Corps which penalties would stand remitted. maximize the revenue collection during Thani called on Foreign Minister Shah Mahmood KARACHI the remainder of the current financial brotherly relations with Qatar into a strong politi- Commander Lieutenant General Sarfraz Ali. Qureshi in Islamabad today (Tuesday). During The Sindh Revenue Board on Tuesday year, despite all the adverse factors the meeting, views were exchanged on matters of cal and economic partnership. He said Pakistan of- stated that the authority had collected such as low economic growth and the mutual interest, including bilateral relations, eco- fers investment friendly atmosphere in the whole region and is known for its independent policies. situation, operational preparedness, border Rs10.261bn in tax revenue during the resurgence of Covid-19, impacting the nomic and trade cooperation. Welcoming Sheikh Ali COAS was given a detailed briefing on security Abdullah Thani Al Thani, Shah Mahmood Qureshi He said every extend cooperation will be extended management including fencing along Pak-Afghan month of May, an increase of 52 per services sector." On Monday, the SRB said Pakistan want to further enhance bilateral to Qatar Investment Authority to invest in Pakistan. and Pak-Iran borders. COAS was also briefed cent when compared to the same month announced a tax incentive scheme that relations with Qatar, especially to promote eco- Sheikh Ali Abdullah Sani Al Thani, who is also a on the socio-economic initiatives undertaken during the last fiscal year. "During the allowed a total exemption of penalties. nomic cooperation. Briefing the Foreign Minister member of the Qatari Royal family, recorded his im- month of May 2021, Sindh Revenue It also provided significant relief in pressions in visitors' book. by Army in support of Govt of Balochistan and of Pakistan about Pak-Qatar Al-Takaful Group's efforts underway for capacity enhancement Board has posted [a] revenue collection payment of default surcharge to Sindh's ongoing business activities in Pakistan, Sheikh Ali of LEAs to ensure peace and stability. of Rs10.261 billion as compared to sales tax defaulters. In a statement, the Abdullah Thani Al Thani said that his country is 6.734 billion collected during May SRB said that on the recommendation COAS said that Pakistan army will make determined for more investment in Pakistan. Shah 2020, thus registering a phenomenal of the Chambers of Commerce and Mahmood Qureshi said the government is fully fo- all possible efforts towards achievement of growth of 52 per cent," the board Industry and taxpayer associations, cusing on economic priorities and Pakistan consists an enduring peace for sustainable socio- of a huge market of 220 million people, offering said in a statement released today. its board approved the proposal of massive investment opportunities. He said we are economic development of the province. The communique further stated that a tax incentive scheme under which offering various facilities, including E-Visa, to for- COAS said that terrorists won’t be allowed to "During the eleven months (July-May penalties would stand remitted. There eign investors to do business in Pakistan. He said destabilise peace efforts. COAS emphasised 2021), Sindh Revenue Board collected would also be a substantial exemption Qatari companies can earn best profit by investing that all out efforts be made to assist provincial Rs108.686bn against Rs91,198bn in of default surcharge and liability would in various sectors of Pakistan including construc- government in ensuring law and order . the same period of 2019-20, reflecting be provided to taxpayers and defaulters, tion, information technology, infrastructure devel- an increase of 19 per cent." The board provided they deposit the principal opment, banking and tourism. The Pakistan Foreign attributed the success in achieving the amount of the arrears of Sindh Sales Tax efforts, continued vigilance and high morale. Minister expressed good wishes for His Excellency extraordinary revenue growth to "the during the month of June 2021. Emir of Qatar Sheikh Tamim bin Hamad Al Thani. COAS lauded officers and men for their dedicated Afghanistan Peace Process Energy Market NATO ministers meet to prepare summit, OPEC and allies expected to increase oil output despite Afghan withdrawal concerns over return of Iranian crude setting aside four tumultuous years with more competitive and unpredictable OPEC+ announced massive crude The rise of China and the impact of the Trump administration. The minis- world, we need transatlantic unity.” Chief production cuts in 2020 in an effort climate change two of the Biden ters will discuss a hefty communique among the challenges is dealing with an to support prices when the coro- administration’s key interests will also being drafted for the June 14 summit in increasingly aggressive Russia, whose de- navirus pandemic coincided with a be discussed, along with missile defense, Brussels, which will reaffirm the unity of fense minister announced Monday that historic demand shock. cyber and hybrid warfare, and the use the 30-nation security alliance — which Russia would establish 20 new military NEW YORK of disinformation. has been riven by infighting in recent units in its western sector this year to A group of some of the world’s BRUSSELS years — and focus on future threats and counter what it claims is a growing most powerful oil producers NATO’s foreign and defense minis- challenges. “This is a pivotal moment for threat from NATO. The rise of China and will likely agree to continue in- ters were meeting Tuesday to lay the our alliance, and our collective security,” the impact of climate change — two of creasing their output at a meet- groundwork for the military alliance’s NATO Secretary-General Jens Stoltenberg the Biden administration’s key interests ing on Tuesday, analysts say, as first summit with US President Joe Biden, said on the eve of the meetings. “In a — will also be discussed, along with mis- oil prices climb amid growing sile defense, cyber and hybrid warfare, optimism over the fuel demand and the use of disinformation. The most outlook. OPEC and its non-OPEC pressing subject for debate will be wind- partners, an alliance often re- navirus pandemic coincided with expect them to basically re-con- ing up NATO’s operations in Afghanistan. ferred to as OPEC+, will meet via a historic demand shock. firm the plan that they laid out Biden has pledged to have US troops out videoconference to discuss the In April, the group opted to re- on April 1,” Jeffrey Currie, global of the conflict-ravaged country by Sept. next phase of production policy. turn 2.1 million barrels per day head of commodities research at 11, but many are likely to have left by the It comes as the Middle East- of supply back to the market over Goldman Sachs, told Street Signs time the summit takes place. dominated group, which is re- the May to July period, reflecting Europe” on Tuesday. “I think the But major questions remain over ex- sponsible for over one-third of an optimistic outlook for im- bigger issue underlying this is: actly how NATO will continue to fund global oil production, seeks to proved mobility despite ongoing How are they going to deal with the corruption-ridden Afghan security balance an expected upswing in concerns about Covid worldwide. Iran?” Iran is currently in discus- forces, whether to continue training spe- demand with the potential for an OPEC+ is expected to reiterate sion with six world powers to cial forces troops somewhere outside the increase in Iranian output. OPEC+ this decision to gradually in- revive its 2015 nuclear deal. The country, and exactly who might provide announced massive crude pro- crease output during this week’s restoration of a deal could lead to security for civilian workers, embassies duction cuts in 2020 in an effort meeting.“I think the event itself more oil on the global market in and Kabul’s airport. to support prices when the coro- is going to be a non-event. We the coming months. Wednesday, Jun 02, 2021

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Editor-in-Chief: Amna Malik Editor: Muhammad Hassam A long road to Afghan Peace Assistant Editor:Syed Mushahid Naqvi eyeing upon another liberation in shape of total rule over Afghanistan after US withdrawal. They Phone: + 92 51 2814017 Offce # 407/408, 4th Floor, Evacuee US withdrawal from their motherland. Sadly, in not only maintained relations with Pakistan’s foe the post Soviet withdrawal era, those who took India but also funded and assisted hate amongst Trust, Agha Khan Road, F-5/1 Islamabad the Soviet sides during Soviet invasion and oc- rogue elements in bordering areas of Pakistan. The cupation, met with horrific endings at the hands aim is simple that those who have been fighting of heroic liberation forces, the Mujahideen. Those against the occupiers of Afghanistan, must not who were brought to Afghanistan on the rag- reach Kabul to rule over people. Today’s spoilers ing T-72s and MI-24s, continued to govern over of Afghan Peace deal are the ones who want the Pakistan lunches Eurobond Raja Faisal Kabul, presuming that they will be able to con- US to halt its withdrawal. They want Americans to fghan Peace Deal is pivotal to not trol Afghanistan, but they met with horrible fate. stay so that they can prolong their ambitions. The only the regional peace but the world. Babrak Karmal and Dr. Najibullah were the pre- spoilers are at both eastern and western fronts akistan recently lunches the country's first-ever Eurobond. Although it seems that all is set for mier victims of this delusion. While ruling over of Pakistan. India and it’s friends in Kabul do not The Green Euro issued on the basis of WAPDA's stable restoration of peace in Afghanistan Kabul, both the aces kept close ties with India, want to see Taliban overpowering them. It can financial position instead of state-guarantee. The world's but internal and external spoilers are the arch rival of Pakistan. Post 9/11, Pro-US faces be concluded that the current wave of terrorism largest financial institutions have shown extraordinary working overtime to force US to ex- were made to land at Bagram airbase in American in Kabul is linked to the spoilers – knowing the interest in Green Eurobond which is a sign of confidence Atend its stay in Afghanistan. Recently, the terrorist C-130s. They actively participated in Afghan inva- fact that Taliban has disassociated themselves in the stable financial position of Pakistan and WAPDA as attacks on innocent civilians in Afghanistan has sion and assisted the occupation. Moreover, they to these heinous crimes, especially at this point Pwell. The extraordinary response to Green Euro in the world financial seen an increase. The May attack on girl’s school followed the footsteps of Karmal and Najibullah of time when the stage is all set for them. It is market has opened new avenues for financing big projects in Pakistan. killing 105 students is the most heinous one of all. and actively received Indian assistance to main- need of the hour that the recent wave of terrorism It is pertinent to mention that, Pakistan has done remarkable work to Importantly, Afghan blast on the evening of dead- tain their footing in Afghanistan. India too looked must be probed at highest level and the spoilers mitigate the impacts of climate change. The Tree Tsunami campaign is line date for American pullout from Afghanistan at it as an opportunity to open up another front must be brought to justice. It is time that all the a great initiative taken by the government. Furthermore, there are also resulted in 27 deaths of the Afghan nationals. for Pakistan. The western front for Pakistan has stakeholders of Afghanistan, especially the ones other projects underway to make Pakistan a green and climate-friendly Ironically enough, Taliban, who never shy away always had pivotal importance. Historically, the brought in C-130s, must act rationally and seek a country. The government is taking corrective measures to improve the from taking the responsibility for their attacks on involvement of Pakistan in Afghan stability has just and peaceful resolve. The smooth transition climate to promote tourism and international investment. It is unfor- Afghan security forces and the Americans, categor- always had enormous importance. Peace and fa- must take place sooner rather later or else time tunate that Pakistan is one of the most vulnerable countries as far ically denied any involvement in these ferocious vourable economic circumstances in Afghanistan is not far that another civil wawr would result in as global warming is concerned, and we have taken timely actions to acts against humanity. One wonders why and what always guaranteed peace and stability in Pakistan. more Karmals & Najibullahs. Evidently, the people avoid the catastrophic consequences of climate change. A good climate is actually behind all of these heinous crimes? Who Recent conflict is an evidence that the terrorism of Afghanistan would suffer from lawlessness and is very significant for agro-based economies. We have signed a MoU could be anticipating gains from this? Are there in post 9/11 era resulted in more than 70,000 uncertainty once again. with Saudi Arabia to overcome the issue of climate change. The issuing any spoilers who seek a delay in US withdrawal deaths in Pakistan. To add, Pakistan lost nearly of green bonds is significant for the construction of dams, Building from Afghanistan? Historically, Afghanistan is a $200 billion of its economy. Today’s Afghanistan The author is a Senior Journalist, an water reservoirs highly imperative for survival. It is very encouraging country full of drastic changes in its political at- is no different to the Soviet withdrawal era. Those Executive Editor at The Asian Telegraph, that Pakistan is blessed with plenty of water resources. However, it is mosphere. Some of them occurred in recent history who were once air-dropped at Bagram, are holding Melange Magazine, and Advisor on Indo-Pak & our responsibility to protect this blessing of Allah Almighty. The op- and facts are well documented. Afghan people saw the glittering offices in green zone of Kabul. Once SAARC at COPAIR. position must avoid playing political games on the issue of water. The invasions and liberations before, and yet again are again expecting that they will be able to hold their equal distribution of water would be ensured in the future.

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect The Asian Telegraph point-of-view Hail the Pak-Mission to Kuwait Today in History t last, a decade long ban on Kuwaiti visas for Pakistani nationals is over. It was announced by Pakistan’s Interior Minister after his meeting with His Highness the Prime Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah. Indeed it is a great diplomatic success for Jun 02, 1935 - Babe Ruth retires Pakistan and would open up opportunities for peo- Aple of Pakistan. Kuwait not only lifted a ban on family visas for n June 2, 1935, Babe Ruth, one of in what became known as “the curse of the Pakistani citizens but also approved visas for Pakistani technicians the greatest players in the history Bambino,” the Red Sox didn’t win another working in the medical, oil and banking sector. It is important to Oof baseball, ends his Major League World Series until 2004. In New York, Ruth’s note that not long ago, Prime Minister of Pakistan Imran Khan criti- playing career after 22 seasons, 10 World primary position changed to outfielder cized the underperforming ambassadors and diplomatic missions Series and 714 home runs. The following and he led the Yankees to seven American of Pakistan. This news from Kuwait is indeed an evidence that not year, Ruth, a larger-than-life figure whose League pennants and four World Series all are odds in Foreign Service of Pakistan. Not only the Foreign name became synonymous with baseball, victories. Ruth was a huge star in New York Minister Shah Mahmood Qureshi and ministry of foreign affairs of was one of the first five players inducted and attracted so many fans that the team Pakistan be hailed for their efforts, but the ambassador of Pakistan into the sport’s hall of fame. George Herman was able to open a new stadium in 1923, to Kuwait Syed Sajjad Haider and his team must be given the due Ruth was born February 6, 1895, into a poor Yankee Stadium, dubbed “The House That credit. The mission not only have the visa ban lifted, is now busy family in Baltimore. As a child, he was sent Ruth Built.” The southpaw slugger’s final seeking opportunities for skilled Pakistani professionals in the to St. Mary’s Industrial School for Boys, a season, in 1935, was with the Boston Braves. field of information technology and medical sciences. It is an ample school run by Roman Catholic brothers, He had joined the Braves with the hope that opportunity for Pakistan to send its skilled workforce to Kuwait in where he learned to play baseball and was he’d become the team’s manager the next the medical, oil and banking sectors. The opportunity would not a standout athlete. At 19, Ruth was signed season. However, this dream never came only increase the overseas remittances of the country but help by the Baltimore Orioles, then a Boston to pass for a disappointed Ruth, who had a reduce the unemployment. Important is the fact that Pakistan has Red Sox minor league team. Ruth’s fellow reputation for excessive drinking, gambling a large number of fresh graduates seeking opportunities in the teammates and the media began referring and womanizing. Many of the records Ruth field of information technology. The fast emerging economies of to him as team owner Jack Dunn’s newest set remained in place for decades. His career the Gulf region are an attraction for professionals in the field of “babe,” a nickname that stuck. Ruth would homerun record stood until 1974, when it artificial intelligence and emerging technologies. The current gov- later acquire other nicknames, including was broken by Hank Aaron. Ruth’s record ernment has a keen interest in the fields of artificial intelligence “The Sultan of Swat” and “The Bambino.” of 60 homeruns in a single season (1927) of and emerging technologies. The youth is already attracted towards Ruth made his Major League debut as a 154 games wasn’t bested until 1961, when the innovative studies and professions. Indeed the future belongs left-handed pitcher with the Red Sox in July Roger Maris knocked out 61 homers in an to the emerging technologies. It is time that the diplomatic mis- 1914 and pitched 89 winning games for the extended season of 162 games. The Sultan sions of Pakistan in the Gulf region adopt a proactive approach. team before 1920, when he was traded to of Swat’s career slugging percentage of .690 the New York Yankees. After Ruth left Boston, remains the highest in Major League history.

The author is an independent researcher and 'Mare of Easttown' revealed the killer, but that's Alumnus of Quaid-e-Azam University. His iPhone 12 Pro Max can take incredible areas of interest are International Relations, Geo-politics and Maritime Affairs not what the show was about photos with these top tips "Mare of Easttown's" heroine finally The finale actually had a big chance of series began, Kate Winslet's Mare was a new potential romance -- actually two, cracked the case -- twice, as it turned being a letdown, or at least a little an- angry about, well, pretty much every- but never mind -- developed sympathy BEIJING at what's important in the scene in front of out -- but that wasn't really the point ticlimactic, after the riveting shootout thing -- raising her dead son's little boy, toward the struggling mother of her The camera quality in Apple's phones has you. Is there a particular subject -perhaps of this engrossing HBO limited series. that closed its fifth episode, but the two risking losing custody of him, and grap- grandson, and even managed to let go always been impressive, and the most a statue or an impressive building that's Instead, the show dealt with themes of that followed, including Sunday night's pling with the fact that her ex-husband of her daughter (Angourie Rice) enough recent iPhone 12 and 12 Pro take that surrounded by lots of other elements like forgiveness, redemption and finding the conclusion, still had a lot of business (David Denman) was about to remarry. to allow her to go away to college. The to a whole new level. But it's the 12 Pro trees, sign posts or street lights? Using strength to move past grief and tragedy. to get done. Just to recap, when the Over the course of the show, she found resolution of the murder mystery, Max that sits at the top, with its bigger the telephoto zoom here is a great way of meanwhile, presented Mare's friend camera sensor and a variety of upgrades isolating your subject and eliminating all Lori (Julianne Nicholson) with her that make it a photography powerhouse. those distractions. You may need to move own moral dilemma, as she was asked We've been extremely impressed with the back a bit and then zoom in to keep it in to raise the child that her husband, John shots we've taken using Apple's ProRaw frame, but simplifying your scene like this (Joe Tippett), had with someone else. and how well it stacks up against its rival will really help your subject stand out in Still, the show saved its biggest surprise from Samsung, the Galaxy S21 Ultra. But the image. for last. After John had confessed to the having a great camera in your pocket isn't murder, it was revealed that while he a guarantee of brilliant images -- you need had an illicit and incestuous affair with to know the tricks of how to use that gear Erin (Cailee Spaeny), he took the blame to take the shots you want. Here are my for her killing to spare his young son, top tips for upping your photography game who had stolen a gun to rid his family and hopefully getting the best ever photos of the girl he saw as a threat to his par- from the iPhone 12 Pro Max. It's easy to ents' marriage. If that sounds like a lot, stand in front of a picturesque scene and it was, and perhaps one twist too many. flick quickly between the normal, super Not that it marred the show's overall wide and zoomed views on the phone, but effect. Many viewers and media outlets it's more difficult to understand exactly clearly became fixated on the mystery. why one might be better than the other for Yet the real soul of the finale and in- a particular composition. To figure it out, deed the series. you need to take an extra moment to look

How to boost muscle regeneration and rebuild tissue LONDON occurred." The compounds used in the study are In the myofiber-specific model, they found that One of the many effects of aging is loss of mus- often called Yamanaka factors after the Japanese adding the Yamanaka factors accelerated muscle cle mass, which contributes to disability in older scientist who discovered them. Yamanaka factors regeneration in mice by reducing the levels of a people. To counter this loss, scientists at the Salk are a combination of proteins (called transcription protein called Wnt4 in the niche, which in turn Institute are studying ways to accelerate the regen- factors) that control how DNA is copied for transla- activated the satellite cells. By contrast, in the sat- eration of muscle tissue, using a combination of tion into other proteins. In lab research, they are ellite-cell-specific model, Yamanaka factors did not molecular compounds that are commonly used in used to convert specialized cells, like skin cells, activate satellite cells and did not improve muscle stem-cell research. In a study published on May 25, into more stem-cell-like cells that are pluripotent, regeneration, suggesting that Wnt4 plays a vital 2021, in Nature Communications, the investigators which means they have the ability to become many role in muscle regeneration. According to Izpisua showed that using these compounds increased the different types of cells. "Our laboratory previously Belmonte, who holds the Roger Guillemin Chair, regeneration of muscle cells in mice by activating showed that these factors can rejuvenate cells and the observations from this study could eventually the precursors of muscle cells, called myogenic pro- promote tissue regeneration in live animals," says lead to new treatments by targeting Wnt4. "Our genitors. Although more work is needed before this first author Chao Wang, a postdoctoral fellow in laboratory has recently developed novel gene-ed- approach can be applied in humans, the research the Izpisua Belmonte lab. "But how this happens iting technologies that could be used to accelerate provides insight into the underlying mechanisms was not previously known." Muscle regeneration is muscle recovery after injury and improve muscle related to muscle regeneration and growth and mediated by muscle stem cells, also called satellite function," he says. "We could potentially use this could one day help athletes as well as aging adults cells. Satellite cells are located in a niche between a technology to either directly reduce Wnt4 levels regenerate tissue more effectively. layer of connective tissue (basal lamina) and mus- in skeletal muscle or to block the communication "Loss of these progenitors has been connected cle fibers (myofibers). In this study, the team used between Wnt4 and muscle stem cells." to age-related muscle degeneration," says Salk two different mouse models to pinpoint the muscle The investigators are also studying other ways to Professor Juan Carlos Izpisua Belmonte, the paper's stem-cell-specific or niche-specific changes follow- rejuvenate cells, including using mRNA and genetic senior author. "Our study uncovers specific factors ing addition of Yamanaka factors. They focused on engineering. These techniques could eventually that are able to accelerate muscle regeneration, as younger mice to study the effects of the factors lead to new approaches to boost tissue and organ well as revealing the mechanism by which this independent of age regeneration. Wednesday, Jun 02, 2021

www.theasiantelegraph.net Bulls toss index over 48,000 points after four years uptrend came on back of spike in international oil prices to highest since March 2021, which sparked a buying spree in the oil and gas exploration sector as it closed entirely in the green. At close, the benchmark Mideast, Arab-focused KSE-100 index recorded an increase of 294.92 points, or 0.62%, to settle at 48,191.26. The KSE-100 index films head to New York’s jumped as soon as trading began, however, most of the gains eroded by mid-day as double digit Tribeca Film Festival inflation figure irked investors. The market staged a modest recovery in final hours and closed nearly 300 points up. Alpha Beta Core CEO said that hopes of a business-friendly budget announcement drove market sentiments on Tuesday and lent support to the rally. “Investors expect a development-focused budget and the government signalled imposition of a small number of taxes compared to the previous budget,” he said. “Both of these speculations raised investor spirits and fuelled the rally.” The government is focusing on a relaxed fiscal policy now, he added. Overall trading volumes declined to 1.3 billion shares compared with Monday’s tally of 1.5 billion. The value of shares traded during the day was Rs30.5 Benchmark KSE-100 index rises 294.92 consumer price index to 10.9% in May bolstered billion. Shares of 421 companies were traded. At the points to close at 48,191.26 investor spirits and encouraged them to make fresh end of the day, 258 stocks closed higher, 152 declined Bureaau Report investments. In addition, a drop in Covid-19 cases, and 11 remained unchanged. WorldCall Telecom was KARACHI and the overall positivity rate, in the past 24 hours the volume leader with 354.1 million shares, losing Bulls maintained their grip at the Pakistan Stock signalled improvement of the country on the virus Rs0.08 to close at Rs3.59. It was followed by Byco Exchange on Tuesday as the KSE-100 index extended front and raised hopes for further economic recovery. Petroleum with 94.6 million shares, gaining Rs0.25 to the rally and breached the 48,000-point barrier for Taking cue from the decline in infection rate, close at Rs11.5 and Silkbank with 86.1 million shares, the first time since June 2017. Slight contraction in investors opted to assume fresh positions. Further gaining Rs0.06 to close at Rs1.7. DUBAI Five Arab movies are set to screen at the US’s Tribeca Can China accommodate production Film Festival this month among hundreds of inter- Shuaa takes aim at Emirates national films. The 20th edition of the event is set to shift from Southeast Asia? take place from June 9-20 both as a hybrid event with REIT sukuk ‘lip service’ offer both in-person and virtual festivities. The event will Bureaau Report encouraged all certificate holders to Bureau Report in Asia, with China filling the upstream celebrate films, documentaries, video games, podcasts DUBAI vote by 7 June. But some investors, BEIJING role and Southeast Asia acting as a and more. Egyptian writer-director Ayten Amin, who is A proposal by Emirates REIT to including Dubai-based Shuaa Capital The fierce new COVID-19 wave across manufacturing base, which means the based in Cairo, has long chronicled the lives of women exchange a $400 million sukuk for are not happy and say the company’s Southeast Asia - home to about one- new COVID-19 outbreaks in Southeast in modern Egypt. Her film, “Souad,” was one of 56 films Dubai real estate new paper has triggered an angry claim that sukuk holders will benefit fourth of the world's population - has Asia could weigh on the capacity of chosen as the “official selections” of the cancelled 2020 backlash from some investors that from the exchange was just “lip prompted some manufacturing orders China's export machines. Additionally, edition of Cannes. The key topic of “Souad,” which Amin lagging behind include Dubai-based Shuaa Capital. service.” “Certificate holders are not originally sent to the region to shift to the yuan's recent appreciation is began writing in 2015, is how social media affects the The UAE’s largest shariah-compliant being adequately compensated for China in recent months, in what could crimping Chinese factories' profitability lives of young girls approaching adulthood. In a previ- the global boom real estate investment trust had the risks that they are being asked be the start of a long-term trend of as well, weakening their willingness to ous interview with Arab News about her film, she said: offered sukuk holders the option of to take,” Ajit Joshy, head of public and production relocation as a result of handle export orders, industry insiders “For girls in small cities, it's a more conservative soci- says Knight Frank exchanging their unsecured notes for a private markets at Shuaa Capital told the pandemic, according to factories noted. Zhang Manfeng, assistant ety. Their life is much more limited. They don’t mingle Bureaau Report secured, but longer-dated alternative. Bloomberg TV on Tuesday. and industry analysts. However, director with the Guangdong Shoe much.” “Social media is very important for them; it’s RIYADH The existing 5.125 percent profit rate while the backflow underscored Manufacturers Chamber of Commerce, like a window to the outside world. Most of them have A supply glut that’s held down Dubai’s would be maintained for the new China's stable and complete supply told the Global Times on Tuesday that fake identities on Facebook, they don’t use their real property prices for over half a decade will secured sukuk. While the existing chain that is relatively immune to some orders have come back to China names, and they have relationships with people from likely keep it on the sidelines of a global paper matures in 2022, the new external uncertainties, thousands of from neighboring countries such as other cities.” Directed by New York-based filmmaker upswing in values of prime residential real instrument would extend to 2024. Chinese exporters are now facing a India and Vietnam, where the epidemic Julian Joslin, this film is competing in the shorts cat- estate, Bloomberg reported, citing Knight Equitativa, the manager of Emirates new critical issue: do they have the has disrupted local production. Shoe egory. The 21-minute movie, which is set to premier Frank research. Fast emerging from the REIT, said on Tuesday that the large capacity to fill the supply chain gaps exports from South China's Guangdong on June 12, tells the story of Samir, played by British- pandemic slump, the construction industry majority of sukuk holders that have left by Southeast Asian manufacturers? Province - valued at $1.3 billion a year Syrian actor Laith Nakli, a Syrian FBI informant and a will deliver an estimated 62,000 homes in already voted, were in support of Some remain prudent, pointing to the - account for about one-third of China's single father who has built a fragile life for himself and the emirate this year and nearly 63,500 the company’s exchange offer and intertwined China-centric supply chain shoe exports. his young son in Brooklyn. in 2022, which would be the most since 2009, according to consultancy firm Knight ‘Panic’ on Amazon Prime Frank. The burst of supply will probably China’s Robinhood rivals pile into the leave Dubai, alongside Buenos Aires, as the sees teens risk all in only two cities in Knight Frank’s selection of 25 prime locations to witness a decline in crypto craze as they look to compete mindless game values for their top-end residential properties. “The supply-demand imbalance has been a Bureaau Report crypto. We have listened to that,” Arthur Chen, Futu’s However, both companies are increasingly focused defining feature of Dubai’s residential market BEIJING chief financial officer, told CNBC last week. He said the on markets outside mainland China. In addition to ever since the Great Recession of 2008-2009,” Two of China’s rivals to stock trading app Robinhood company hopes to offer cryptocurrency-related products essentially banning yuan-bitcoin transactions, Beijing said Faisal Durrani, head of Middle East are looking to cryptocurrencies as a way to compete as soon as the end of this year. Both Futu and Tiger tightly controls capital flows out of the mainland. Research at Knight Frank. “Looking at the overseas. The companies, Futu and Tiger Brokers, Brokers got their start primarily from Chinese employees Futu has gained 100,000 paying clients in Singapore less next few years, this looks set to persist.” The disclosed during earnings calls last month they are of major tech companies like Alibaba and Baidu. Since than three months since launching there in early March, pandemic compounded the pressures from applying for licenses in Singapore and the U.S. that these companies are listed in the U.S., that piqued their Chen said. He said about one-fourth of new paying clients job losses and departures of foreign workers, would allow local customers to trade digital currencies. employees’ interest in trading stocks abroad. in the first quarter came from Singapore and the U.S. chipping away at demand for rentals. Still, The move comes as cryptocurrencies such as bitcoin Knight Frank forecasts prices will decline have climbed back into the spotlight in recent months, at a slower pace thanks to easing travel while Chinese regulators have increased their efforts to restrictions and plans to stage the postponed limit speculation in the market. In the last few weeks, Expo 2020 later this year. With “an improved authorities issued new warnings against digital currency economic outlook, business confidence is trading and a crackdown on bitcoin mining — an energy- rising and that is filtering through to the heavy computing process that allows participants to property market in the form of heightened earn bitcoin. But in the financial trading world, demand interest and rising deal volumes,” Durrani for cryptocurrencies is high as bitcoin’s price surged to said. Across its operations, revenue in its record levels above $60,000, before dropping sharply mall division was down 24 percent to AED3.5 to around $35,000. Robinhood, which launched bitcoin billion and its hotels recorded a 60 percent and ethereum trading in the U.S. in early 2018, has added CHENNAI drop in occupancy rates, while the biggest 3 million customers a month this year for its crypto Amazon Prime’s yawn-inducingly long 10-episode “Panic” — impact was felt in the Majid Al Futtaim — business. In April, U.S.-based cryptocurrency trading based on a young adult novel by Lauren Oliver, who doubles Ventures division, which manages its leisure, site Coinbase debuted on the Nasdaq. “We do hear a lot up as the series writer — begins on a dramatic note with entertainment and cinema assets. of interest from our users across the world in terms of teenager Heather Nill (Olivia Welch) jumping off a cliff into gurgling waters to score points in a game aptly titled Panic. She is desperate to win the $50,000 prize money, but this death-defying jump is just the beginning, not the final hurdle. In the series opener, Heather says no one knows who thought of Panic or how it first began, but in this backwater Texan Adidas announces landmark partnership with town, it is thrilling. With her drug-addicted mom having sto- Rohail Nazir aims to stake claim for len the money she had saved up to attend community college, Challenge Team, Saudi’s first ever Women’s Heather joins Panic, though stricken with fear for her life. She wicketkeeper spot in Pakistan team Football League champions must go through fire, so to say. Booby-trapped forests, snake pits, and blindfolded stunts are just some of the challenges Wicketkeeper-batsman is hoping to “I played well in the Pakistan cup and tried to “PSL is a platform, which everyone watches. Bureau Report the young contestants are put through, and death is always register memorable performances for perform in the single game I got for Islamabad Mohammad Rizwan bhai, Saifee [Sarfaraz] bhai RIYADH - was launched by Saudi Arabia’s close by. But what is more engaging than these Panic games Islamabad United in the upcoming United this season. Now I am going with the and Azam Khan are all very good wicketkeeper- Adidas MENA has revealed the Sports For All (SFA) in partnership are the personal stories of young love, hope, disappointment, HBL PSL season mind-set that I have to do better than what I batsmen. My aim is to perform well and prove official sponsorship of Challenge with the Ministry of Sports and took and even broken families. “We’re both trash,” said bad boy Ray Bureau Report have done already. Whenever I get the chance, to the people that I can also represent Pakistan football team, winners of Saudi Arabia’s place across Riyadh, Jeddah and (Ray Nicholson, son of Jack Nicholson — he has traces of his ISLAMABAD I will try to do well for my team,” Rohail said. as a wicketkeeper-batsman,” he added. first ever Women’s Football League Dammam as part of the Quality of father’s brilliance) to good girl Heather. Islamabad United wicketkeeper-batsman, Rohail (WFL). Through this announcement, Life program, Vision 2030. On Dec. Nazir, is aiming to continue his rich vein of form Adidas aims to support Saudi Arabia’s 17, 2020, Challenge Team defeated Cannes readies for film with the bat, when the remaining matches of efforts as part of the 2030 vision to Jeddah Eagles to take home the WFL HBL Pakistan Super League (PSL) 6 resumes empower and create opportunities title and the prize money of $40,000. fest after ‘horrible’ year in Abu Dhabi in June. Rohail had a great start for women of the region. Commenting “I joined the Challenge family in 2018 to this year as he accumulated 352 runs at an on the partnership with the Riyadh and I am honored to be part of the average of 50.28 in the Pakistan Cup in January, based team, Rawh Al-Arfaj , Challenge team’s continuous achievements which included four fifties. After waiting for Team Founder and CEO said, “We and ambition to succeed,” Haneen his turn, the wicketkeeper-batsman played a are honored to be the first female Al-Amari, Challenge Football Team 34-run inning in his only game for United this football team to be sponsored by midfielder said. “We’ve seen Challenge season, before the tournament was indefinitely adidas in Saudi Arabia. We’ve really Football team gain momentum since postponed. While speaking in an exclusive seen Challenge Football Team gain the establishment of the first women’s interview with Cricket Pakistan, the 19-year- momentum since the establishment football league in Saudi Arabia in old said he is looking to register memorable of the first Women’s Football League 2020, and we hope to inspire girls performances in the upcoming season, which in Saudi Arabia in 2020, and we and women in Saudi Arabia and puts his name among the contenders for hope to inspire girls and women in beyond to pursue their passion,” she wicketkeeper-batsman spot in the national side. Saudi Arabia and beyond to pursue added. “Special thanks to adidas for their passion.” The WFL - over 600 supporting our goals and believing in Brazil to host Copa America after Argentina is stripped players and 24 teams taking part our vision.”

BUENOS AIRES nounced the decision on Monday hours after it is confirmed to take place between June 13 and SAO PAULO ruled out Argentina amid an increase in COVID- July 10. Brazil is the defending champion, win- KARACHI Brazil will host Copa America for the second con- 19 cases in the country. Colombia was removed ning the competition in 2019 as hosts. The five-star palace hotels are in full swing, the sound secutive time after Colombia and Argentina were as co-host on May 20 as street protests against “The host cities and the fixtures will be confirmed of music drifts across the beach and after a "horrible" stripped of hosting rights for the tournament. President Iván Duque rocked the nation. by CONMEBOL within hours. The oldest inter- year blighted by the coronavirus crisis, the French re- South American soccer body CONMEBOL an- CONMEBOL said on Twitter that the tournament national tournament in the world will make the sort of Cannes is finally buzzing again as it gears up for whole continent cheer!” the South American its film festival. "We can't wait," said Pierrick Cizeron, body said. “CONMEBOL thanks President Jair chief executive at the Majestic hotel that overlooks Bolsonaro and his team, and also the Brazilian the Mediterranean and the festival venue. In 2020, soccer confederation for opening the doors of the film festival, the world's biggest, was canceled be- this country for the safest sporting event in the cause of the pandemic. With France slowly emerging world today. South America will shine in Brazil from a partial lockdown, the 2021 edition was delayed with all its stars,” the soccer body said. More than from the usual May date to July 6-17. The festival is 460,000 people have died of COVID-19 in Brazil, to announce its lineup of Palme d'Or contenders on with many analysts expecting another wave of Thursday, with industry insiders speculating on a the disease to hit the country by late June. Many pick rich in big names. It is, however, still unclear how hospitals have more than 80 percent of their in- many stars will actually make the journey to Cannes, as tensive-care unit occupied by victims of the virus. France still requires non-EU arrivals to quarantine and Bolsonaro has challenged social distancing re- there is no sign so far that the government will waive strictions and called for a return to normal life that requirement for the prestigious event. despite a slow vaccine rollout. The Asian Telegraph Wednesday, Jun 02, 2021 www.theasiantelegraph.net

Pakistan could benefit Smear campaign against from the stability and the intelligence agencies are development of Xinjiang: damaging the country's image, Yao Jing Says Interior Minster Xinjiang should be promoted to become a link Finance Minister apprises progress on Privatiza- between Pakistan and other countries tion of NPPMCL BEIJING ISLAMABAD Pakistan can benefit from the stabil- Interior Minister Sheikh Rashid Ahmed says the ity and development of Xinjiang, which can also benefit from China-Pakistan government is equipping the cyber wing with economic and trade cooperation and modern gadgets. Addressing a press conference the construction of the China-Pakistan in Islamabad on Tuesday, he said FIA, NADRA Economic Corridor (CPEC), so this is a and police are investigating journalist Asad Toor win-win and mutually beneficial out- incident and facts will be brought forth after due come, said former Chinese Ambassador investigation.The Minister said some people are to Pakistan, Yao Jing. Xinjiang should targeting our agencies at the behest of their for- be promoted to become a link between eign masters. He said the baseless allegations Pakistan and other countries in the fu- and smear campaign against the intelligence ture, said Yao, now director of the For- eign Affairs Office the Xinjiang Uygur agencies are damaging the country's image. Autonomous Region People’s Govern- While on the other hand, The Federal Minister ment. “Central Asia’s economy and de- for Finance and Revenue, Mr. Shaukat Tarin, velopment are highly complementary, chaired a meeting here at the Finance Division and China has provided Pakistan a good to review the progress on the Privatization of platform to expand its foreign eco- National Power Parks Management Company nomic and trade ties and enhance its Limited (NPPMCL) today. Federal Minister for foreign relations,” In order to speed up Privatization Muhammad Mian Soomro, Federal the construction of the Belt and Road Minister for Energy Muhammad Hammad Azhar, Core Area, the Party Committee and the government of Xinjiang Uygur Autono- Adviser to the PM on Institutional Reforms and mous Region have put forward a series Austerity Dr. Ishrat Hussain, SAPM on Power of policy proposals, put the construc- PAECO Summit Tabish Gauhar, SAPM on Finance and Revenue tion of the China-Pakistan economic Dr. Waqar Masood, Secretaries of Finance, Pow- corridor in a more important position, er, Petroleum and Privatization also participated and continuously promoted economic ECO members reaffirm commitment to extend the meeting. All the participants attending the and trade exchanges with Pakistan to meeting, shared their input on various issues re- a broader space. “Xinjiang is bordered lated to the transaction and briefed the Finance by Pakistan, both historically and now, multilateral cooperation, condemns HRVs in IIOJK Minister on the progress achieved since the culturally, economically and tradeally,” he said. He said, in the process of build- last meeting on the subject. The Finance Min- ing the CPEC, almost all the people, ma- Trade, connectivity among ECO states pivotal for regional prosperity ister assured the Privatization Commission and terials and equipment are transported other stakeholders of his full support in resolv- ISLAMABAD policy reforms. In today’s world, he said, where to play a positive role in the comity of nations. He ing technical issues related to the transaction to Pakistan through Xinjiang, and many President Dr on Tuesday stressed greater large enterprises directly build pro- morality was becoming irrelevant next to the op- said economic connectivity in the region was sig- and expressed resolve to complete the transac- trade and connectivity among the countries of pressor’s own whims and wishes, a strong leader- duction bases in Xinjiang, as the start- Economic Cooperation Organization (ECO) to at- tion at the earliest possible time. On the other ing point of the corridor, Xinjiang’s ship and approach promoting the ethos of human- amidst the risk posed by the non-state actors as hand, Minister for Information and Broadcasting tain the goals of cohesive regional development ity was direly needed. He mentioned the West’s nificantenemy of to prosperity. deal with He the proposed challenges ECO of investment terrorism, important position is very prominent. and prosperity. Addressing here at the inaugural Chaudhary Fawad Hussain says the government Xinjiang should make use of the advan- double standards and hypocrisy in the name of agency, establishment of inter-regional linkages session of Second Conference of Parliamentary “freedom of expression” where the incidents of and promotion of knowledge-based economies. will provide a big relief to the salaried class in tages along the border to accelerate Assembly of the Economic Cooperation Organi- the promotion of high-quality devel- blasphemy of the Holy Prophet (PBUH) were on The speakers of the ECO member countries, pres- the upcoming budget. In a tweet on Tuesday, he zation (PAECO) countries, the president said eco- rise compared with the intolerance against a slight ent on the occasion and also virtually, highlighted said although inflation has increased, the pur- opment under the premise of ensuring nomic integration among regional states could act epidemic prevention. In particular, the discussion on Holocaust. He also pointed that la- different aspects of their mutual cooperation by chasing power has also gone up with the same as an effective driver to foster sustainable peace beling the freedom movement of Palestinians and overcoming regional issues, promoting harmony, ratio, which is welcoming. The Minister ex- outbreak situation, the autonomous and security. The conference gathered speakers region government from February this Kashmiris as terrorism by Israel and India was an- safeguarding political liberties and strengthening pressed the consfidence that the country will get and representatives of the national parliaments of other approach of seeing them through the prism parliamentary linkages. ECO Secretary General Dr year began to fully protect the goods Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyz- closer to the destination in next two years under customs clearance. VoM of prejudice. The president, however, categorically Hadi Soleimanpour in his virtual address favoured the leadership of Imran Khan. VoM stan, Pakistan, Tajikistan, Turkey, Turkmenistan said that Pakistan’s stance on Israel’s violations of - and Uzbekistan. The president emphasized prop- human rights was “not anti-Semitic, but anti-Zion- ment of banks and regional payment system to er tapping of the region’s immense resources by ist”. “We are against genocide. We are not against asupport strong theregional trade financialactivities system, in the ECO and region.establish He ECO countries to nurture alliances for a win-win Jews or Christians, but against all oppressors of said creation of networks for regional tourism and economic stability. “Your voice will be only heard humanity,” he said. “Anyone who resorts to oppres- supporting annual budget of ECO could help en- at global platform if you are economically strong sion, we will raise voice against them,” he added. sure realization of the dreams of development and and stable,” he said, stressing upon the need for - prosperity. Speaker of the Wolesi Jirga of Afghani- a viable regional integration through open trade lim world would join hands in giving the world a stan Mir Rahman Rahmani said the goal of pros- market for sustainable development and pov- Thestrong president message expressed on Islamophobia. confidence Speaker that the Nation Mus- perity and development could not be achieved erty alleviation. Dr Alvi said the ECO region, with al Assembly said Pakistan believed in until all regional countries pursued the agenda of its eight million square kilometre land mass and the parliamentary partnership among ECO states common development. He stressed that practical 500 million people, comprised six percent of the to ensure socio-economic development. Bound change could be witnessed if the states rose above world population and had the potential to become by the bonds of religion, culture and history, he their rivalries and agreed upon the collective bet- economic power through institutionalized trade said, it was imperative upon the ECO countries terment of their peoples. VoM

KP industrial policy Pakistan launches Covid-19 UNOPS delivered critical medical RSEZ is set to galvanize billion-dollar foreign locally made anti- Covid vaccine equipment to protect from COVID-19 and investment through incentives and concession models treat 1,000,000 people in Pakistan KP Industrial policy 2020-23 reveals that the Rashakai Private Partnership (PPP) through Joint Ventures with ‘PakVac prioritized SEZ is being done on Public-Private Part- Chinese enterprises and various foreign companies. ISLAMABAD well as across Pakistan by helping provin- Pakistan launched on Tuesday its homemade The medical equipment will potentially nership (PPP) through Joint Ventures with Chinese “Chinese labor is graduating from low-paying to high- cial disaster management authorities test Covid-19 vaccine ‘PakVac’, a week after it save 900,000 COVID-19 patients, enterprises and various foreign companies. “Chinese paying jobs, along with the introduction of improved people for COVID-19. The gender-specific announced successfully developing it with the including in 75 health facilities in 35 labor is graduating from low-paying to high-paying labor laws, the labor costs are also rising sharply. personal protective equipment (PPE) will help of China’s CanSino Bio. Addressing the districts of the Khyber Pakhtunkhwa jobs, along with the introduction of improved labor The average labor cost of an operational hour in the enable 100,000 male and female frontline ceremony, Special Assistant to Prime Minister province, as well as across Pakistan laws, the labor costs are also rising sharply coastal and inland regions of China is thrice the cost by helping provincial disaster man- medical staff to work safely, effectively, on National Health Services Dr Faisal Sultan ISLAMABAD in Pakistan. Pressures are compelling Chinese manu- agement authorities test people for and comfortably. Over the last year with said there is always an opportunity to overcome Underpinned by KP industrial policy 2020-23, the facturers to look elsewhere to relocate. Rashakai SEZ COVID-19 the generous funding of $4 million from newly launched Rashakai Special Economic Zone integrated with industrial policy KP is the best choice ISLAMABAD the Government of Japan, UNOPS procured (RSEZ) is set to be in high gear to galvanize billion- for them,” the policy said. our friend China closest to us to overcome UNOPS procured $4 million worth of and delivered the most critically needed dollar foreign investment through incentives and con- eventhe Covid-19 the most challenge,” difficult challenges. he added. “We He found said critical medical equipment and supplies medical supplies for Pakistan’s COVID-19 cession models, high-tech development parameters, developing a vaccine through raw materials funded by Japan for 75 health facilities in response, working closely with National accelerated industrialization, and export-oriented is not an easy task as a lot of hard work goes partnership with the Health Department Disaster Management Authority (NDMA) economic activities. The enforcement of a 3-year in- into maintaining the standard. Dr Sultan added of Khyber Pakhtunkhwa, and for regions and Health Department of the Khyber dustrial policy that conceptualizes business and de- that the country must respect the efforts of the and provinces across Pakistan, includ- Pakhtunkhwa (HD-KP) province. As a re- velopment designs fixing challenges of officialdom staff at the National Institute of Health Sciences ing Balochistan, in collaboration with the sult, 1,000,000 people, including 900,000 and traditional loopholes, CPEC prioritized Rashakai (NIH) He said local production of the vaccine National Disaster Management Authority. COVID-19 patients and 100,000 doctors, Special Economic Zone has blazed the trails of syn- will begin in Pakistan in the coming days. The medical equipment will potentially nurses, and medical staff, will benefit from ergic cooperation that bodes well for both Pakistan National Command and Operations Centre save 900,000 COVID-19 patients, includ- the project. The procured items include and China. KP Industrial policy 2020-23 reveals that (NCOC) Chief termed the day an ing in 75 health facilities in 35 districts protective dangris, disposable masks, and the Rashakai prioritized SEZ is being done on Public- important one for Pakistan. VoM of the Khyber Pakhtunkhwa province, as latex gloves. Geopolitics Global Market Vowing permanent ceasefire, Egypt intelligence Gold hovers near 5-month peak on chief in Gaza for Hamas talks weaker dollar, inflation jitters Egypt wants to develop the cease- the last war on the issue of prisoner exchange, as soon as possible.” The visit coincided with a Dollar slips, yuan steadies after central fire agreement into a long-term but it does not seem that the Israeli occupa- trip by Israeli Foreign Minister Gabi Ashkenazi bank moves to limit gains truce that guarantees security and tion is ready to move forward with reaching a to Egypt, the first of its kind since 2008. Gabi BEIJING stability, and paves the way for new deal.” The meeting did not exclude talks met his Egyptian counterpart Sameh Shoukry Gold scaled a near five-month peak on reconstruction to restore Palestinian unity and end the divi- and they discussed “ways to stabilize the Tuesday on support from a weaker dol- GAZA CITY sion that has persisted since 2007, according ceasefire in Gaza.” Kamel met Palestinian fac- lar and growing concerns over inflation, The chief of Egyptian General Intelligence to Al-Hayya’s statement. Kamel also met Israeli tions after his meeting with the Hamas leader- with investors awaiting key U.S. data Abbas Kamel arrived in the Gaza Strip on Prime Minister Benjamin Netanyahu at the be- ship to discuss issues related to confirming the due later this week to gauge the extent Monday for talks with Hamas following the 11- ginning of his visit to the region. Netanyahu, ceasefire, as well as Palestinian reconciliation. of economic recovery. Spot gold rose day war with Israel. Kamel went through the according to a statement from his office, called While Israel is trying to link the reconstruction 0.2% to $1,911.02 per ounce, having Erez crossing from Ramallah. He was received on the intelligence chief to recover “the sol- of the Gaza Strip in return for the release of earlier touched its highest since Jan.8 at a hotel by a delegation of Hamas leaders led diers and civilians detained by Hamas in Gaza Israeli soldiers detained in Gaza. at $1,916.4. U.S. gold futures were up by the head of the group’s political bureau in 0.4% at $1,913.60. “It is quite clear from Gaza, Yahya Sinwar. His visit as the highest- Friday’s (consumer price) data that there ranking Egyptian official to Gaza comes amid are ongoing concerns about inflation benefited from expectations for higher in- in the session. Palladium rose 1.3% to a shift in the country’s official stance toward emerging. This is all part of a develop- flation as central banks around the world $2,865.86, while platinum fell 0.1% to Gaza and Hamas, which emerged as a result of ing story, and one which would develop eased policy. However, Fed Chair Jerome $1,184.98. “The disappointing perfor- the war and within the framework of a cease- very much in the second half of this year,” Powell has repeatedly stated that higher mance of the platinum price recently is fire it brokered on May 21. Egypt wants to independent analyst Ross Norman said. inflation will be transitory. The focus this also reflected in ETF demand. In contrast develop the ceasefire agreement into a long- Although U.S. Treasury yields have been week will be on key U.S. economic read- to gold, platinum has registered ETF term truce that guarantees security and sta- relatively firm, it is the weaker dollar that ings, including non-farm payrolls data on outflows of late,” Commerzbank analyst bility, and paves the way for reconstruction. is boosting gold now, he added. The dollar Friday. Global stocks scaled new peaks Carsten Fritsch said in a note. The dol- The two sides discussed the issue of prisoner index was down 0.3% against its rivals. on Tuesday ahead of European and U.S. lar hovered near five-month lows on exchange between Hamas and Israel, which Data showed last week U.S. consumer economic data releases. Spot gold may Tuesday as investors waited for euro zone witnessed some progress before the last war prices surged in April, with a measure rise into a $1,932-$1,953 range, Reuters inflation data and a U.S. manufacturing in Gaza. Khalil Al-Hayya, a member of the polit- of underlying inflation blowing past technical analyst Wang Tao said. survey, while the yuan steadied after ical bureau, said after the meeting with Kamel: the Federal Reserve’s 2% target. Gold, Silver gained 0.9% to $28.29 per ounce, China’s central bank took steps to limit “It is no secret that progress occurred before considered an inflationary hedge, has after hitting a two-week high earlier its appreciation.

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