Sufficient stock of the commodity is present in the country to meet requirements of the people, however public and private sectors are allowed to import wheat, which has arrived in the country and more is coming in

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/company/theasiantelegraph F .theasiantelegraph.net ollo F British.theasianteleg HC callsraph.net on FM Federal Cabinet Meeting Pharma exports Pak, UK enjoy increase record longstanding ties: Ministers for emergency steps against rising inflation Qureshi 10.27pc Prime Minister Khan okays measures to control rising commodities’ prices ISLAMABAD ISLAMABAD Pharmaceutical products Foreign Minister Shah Mahmood Qureshi exports during first two months has said Pakistan is desirous to further of current fiscal year grew by promote trade partnership with the 10.27 per cent as compared to UK. He was talking to the British High the exports of the corresponding Commissioner Dr Christian Turner in period of last year. During the Islamabad on Tuesday. Shah Mahmood period from July-August, Leather Qureshi said Pakistan and Britain enjoy Manufactures worth US $ 41,197 deep and longstanding bilateral relations. thousand were exported as Alluding to the Indian atrocities in illegally compared to the exports of occupied Jammu and Kashmir, the Foreign US $ 37,360 thousand of same Minister urged the international community period of last year.According the to play its role for the resolution of Kashmir data released by the Pakistan dispute as per the UN Security Council Bureau of Statistics, the exports resolutions.The British High Commissioner of Electric Fans increased by commended Pakistan s conciliatory 12.07 per cent, Electric Fans efforts for peace in Afghanistan. He was valuing US $ 5,663 thousand also appreciative of Pakistan s strategy exported as compared to worth against Covid-19. The two sides also held US $ 5,053 thousand of same discussion for promotion of cooperation in period of last year. Meanwhile, the areas of climate change, education and Engineering goods worth US tourism.A day earlier, Foreign Minister said $ 29,060 thousand were also with Pakistan’s forceful counter-narrative exported in current financial building, the world and international media year as compared to the exports did not blindly believe India’s blatant lies of valuing US $ 27,936 thousand on resumption of normalcy in Jammu and of same period of last year. Kashmir, following its illegal act of revoking During the period under review, the Valley’s special status last August. Transport Equipment exports On recent improvement in relations with of the country also recorded Afghanistan, he said the previous wrong positive growth of 27.82 percent. perception about Pakistan faded away as a Transport equipment worth US $ clear counter-narrative was adopted by the ISLAMABAD 1,098 thousand was exported as over measures taken by the public and pri- demanded emergency measures against the compared to the exports of US $ latter. The Foreign Minister said pursuing Prime Minister Imran Khan on Tuesday ap- vate sector to import wheat in the country. rise in inflation.According to sources, the an independent foreign policy was a dream, proved proposed measures aimed at con- 859 thousand of same period of Speaking during the meeting, the premier Prime Minister assured the ministers of ur- last year.VoM without securing economic stability and trolling rising prices of basic commodities’ said that they would take all-out measures gent measures to reduce inflation and said food security. He mentioned that Pakistan in the country. The meeting headed by the to ensure a reduction in prices of essential that the government would soon start im- followed a security-centric approach on prime minister mulled over measures to re- commodity items. It is pertinent to mention plementing the action plan. All government foreign policy since its establishment seven duces prices of wheat, sugar, and other es- here that Prime Minister (PM) Imran Khan machinery will be mobilized to provide re- decades earlier, however stressed that sential commodity items. The meeting was on Monday said that his government will use lief to the common man. Cabinet members overcoming the economic vulnerability attended by members of the economic team, all the resources at disposal of the state to said provincial governments and district was equally important to avoid shackles of federal ministers, Governor State Bank of bring down skyrocketing prices of essential administrations must ensure the availabil- International Monetary Fund (IMF)VoM Pakistan (SBP), and provincial chief secre- food items in the country.According to the ity of goods.Imran Khan said that now our taries.Imran Khan approved the proposed details, the government has decided to use entire focus will be on controlling inflation. measures for bringing down the prices dur- all resources against inflation in the country. I am monitoring the whole situation myself, ing the meeting besides also directing strict PM Imran Khan has decided to once again let s see what the mafia does now.During the action against hoarders and those jacking up use the services of volunteers of Tiger Force meeting, Sheikh Rashid apprised the cabinet prices unnecessarily.During the first phase for the identification of hoarders and con- of the concern and said that flour could be- of the meeting, the situation pertaining to sultations with Special Assistant to Prime come more expensive in November-Decem- the availability and price of wheat in Paki- Minister on Youth Affairs (SAPM) Usman ber. Expressing his concerns, he said that it stan was mulled over besides also discuss- Dar have been completed. Earlier, in a meet- should be explained why drugs became ex- ing the province-wise need of the basic food ing of the Federal Cabinet chaired by Prime pensive. He said that people complain to us commodity.The prime minister was briefed Minister Imran Khan, the ministers have because medicines are expensive. VoM Every street must be Kashmir forum: AJK China’s foreign trade hits record high President Imports, exports surge as lion yuan, up 0.7 percent year on year, re- firms to mitigate the impact of COVID-19 on ISLAMABAD had played an important role in liberating this territory versing declines reported in the first two foreign trade. The customs clearance time The Azad Jammu and Kashmir President Sardar along with the people of the adjoining district of Poonch. global economy reopens quarters when the country’s foreign trade was reduced for the fifth consecutive month Masood Khan has warned that if the Kashmir libera- He said that we would have to give up holding limited Bureau Report was weighed down by the COVID-19 pan- in September, Li said. The country has also tion movement is not turned into a mass campaign, gatherings, tiny conferences and seminars, and would BEIJING demic.The rebound came despite the rise introduced incentives for cross-border e- Kashmiris would lose their homeland in the next two have to come out of our homes to turn every street and China’s foreign trade has emerged from of protectionism and unilateralism this year commerce and other forms of innovative years. “India is poised to eliminate the state of Kashmir, square into a political platform to raise our voice against the woes of the COVID-19 pandemic and amid the spread of the pandemic, Li said, trade to support sustained trade growth, he and it has brought 1.8 million Indian troops to settle the Indian oppression and the rights of our brethren registered strong growth in the third quar- adding that the country’s trade structure said.As China further implements pro-trade them in occupied Kashmir with the motive to deprive of Indian occupied Kashmir. “This will go a long way ter (Q3), thanks to a string of government also improved during the period. General policies and pushes a new development pat- the Kashmiri people of their identity and culture and to capture the world attention, and the United Nations support policies. The country’s foreign trade, involving longer production chains tern, the country is likely to see upward mo- turn them into a minority in their own homeland,” he as- and compel to implement its resolutions on Kashmir,” trade of goods increased 7.5 percent year- and better reflecting the country’s manufac- mentum in the economy and foreign trade, serted.Addressing right to self-determination conference he stressed, and added that our campaign must not re- on-year to 8.88 trillion yuan (1.32 trillion turing strength, edged up 2.1 percent dur- Li said. The strong trade performance sug- outside the residence of former Amir of Jamaat Islami main restricted to our own cities and town, but it will U.S. dollars) in Q3, hitting a historic quar- ing the nine-month period, taking a larger gests Chinese exporters are making a brisk Azad Kashmir Abdur Rashid Turabi at Chattar in Bagh, have to be expanded to every capital and every city of terly high, with exports jumping 10.2 per- share of the total trade of goods, he said. recovery from the coronavirus pandemic’s he lamented that the Kashmiri people were being de- the world.The state president said that the status of oc- cent and imports climbing 4.3 percent in Private companies played a significant role hit to overseas orders. As the global econ- prived of their lands, employment and jobs by the Indian cupied Kashmir which had its symbolic separate identity yuan terms, the General Administration of in propelling trade growth, with their for- omy restarts, Chinese firms are rushing to rulers.In this situation, he maintained that we needed with its own constitution, flag and the state legislative Customs (GAC) said on Tuesday.China’s im- eign trade expanding by 10.2 percent in the grab market share as their rivals grapple to repeat the role which our elders had played to liber- assembly, was abolished by India on August 5 last year, ports grew at their fastest pace this year in first three quarters.The country’s central with reduced manufacturing capacity.“A ate present territory of Azad Kashmir from the oppres- and had turned it into a territory of the Indian Union. September, while exports extended strong and western regions contributed more to jump in imports suggests that domestic in- sive Dogra rule in 1947. Particularly the people of Bagh Now orders coming from Delhi are being implemented gains as more trading partners lifted coro- trade amid further opening-up measures, vestment spending remains strong,” Capital in in Srinagar by handpicked of Delhi government.Sardar navirus restrictions in a further boost to the with foreign trade in the two regions up Economics senior China economist Julian Masood Khan said that support to the liberation strug- world’s second-biggest economy. Exports 8.3 percent year-on-year during the pe- Evans-Pritchard said. “Meanwhile, exports gle of Kashmir was the collective national and religious in September rose 9.9 per cent from a year riod.The Association of Southeast Asian remained strong, most likely thanks to obligation of the people of Pakistan and Azad Kashmir. earlier, customs data showed on Tuesday Nations remained China’s largest trading the recent strength of retail sales among Earlier speaking on the occasion, former Jamaat Islami (Oct 13), broadly in line with analysts’ ex- partner in the first nine months, followed China’s major trading partners.” China’s fac- Azad Kashmir chief Abdur Rashid Turabi pay great trib- pectations and up from a solid 9.5 per cent by the European Union and the United tory activity has also picked up as interna- utes to Sardar Masood Khan for adopting an inflexible increase in August.The quarterly values of States, while trade with countries along tional trading gradually resumes.But some stand and firm commitment to the Kashmir cause and both imports and exports hit record highs the Belt and Road rose 1.5 percent, GAC analysts warn exports could peak soon as said that the Jamaat had played an important role on in Q3, according to GAC spokesperson Li data showed.China has rolled out a series demand for Chinese-made protective gear both sides of the Line of Control to lead the ongoing Kuiwen. In the first three quarters, China’s of policies including streamlining pro- recedes and the base effect of this year’s Kashmir liberation movement to its ultimate end.VoM foreign trade of goods totaled 23.12 tril- cedures at customs and cutting costs for massive declines wears off. Global economy recovering faster than expected: IMF Oil rebounds as strong China data offsets

World economy to contract by 4.4% In 2018 and 2019 the world economy grew by 3.5% supply concerns Bureau Report and 2.8%, respectively.The report’s forecasts for ad- IEA expects global oil con- demand recovers by 2023. But under a Energy Agency (IEA) World Energy WASHINGTON vanced economies in 2020 and 2021 were minus 5.8% “delayed recovery scenario”, the timeline Outlook 2020 (WEO) on Tuesday.“The The world’s economy is recovering faster than ex- and positive 3.9%, respectively. Emerging market and sumption to peak by 2030 is pushed back two years, it said.“The era of rising global oil demand will pected from the ravages of the COVID-19 pandemic, developing economies are expected to shrink by 3.3% Bureau Report era of global oil demand growth will come to an end within 10 years, but the the International Monetary Fund said on Tuesday. The in 2020 and rebound by 6% in 2021, according to the SINGAPORE/MOSCOW/LONDON/NEW YORK/PARIS come to an end within the next 10 years, shape of the economic recovery is a key IMF now expects global gross domestic product to fall report. The euro area economy will contract by 8.3% Oil prices rebounded on Tuesday, but in the absence in a large shift in go- uncertainty,” the report said. However, by 4.4 per cent this year — better than the forecast in 2020 and recover by 5.2% next year, the report drawing support from robust China vernment policies, I don’t see a clear even under the most favorable scena- of a 5.2 per cent contraction the Fund made in June forecast. Only China’s economy is expected to expand data, although concerns about waning sign of a peak,” IEA chief Fatih Birol rios for oil (there are four in the report), — and sees a 5.2 per cent recovery for 2021.The IMF – by 1.9% – in 2020, while major European econo- demand elsewhere and supply resump- told Reuters. Lockdown measures were demand will plateau until 2030. If the also revised its estimates for the Saudi economy. It mies are expected to shrink sharply, including Spain tions in Norway, the Gulf of Mexico and being tightened in Britain and the Czech fight against coronavirus drags on, then is now expected to slow by 5.4 per cent this year (minus 12.85%), Italy (minus 10.6%), and France and Libya weighed. Brent crude futures rose Republic to battle rising cases of Covid- global oil consumption will no longer significantly less than the 6.8 per cent drop the Fund the UK (both minus 9.85).The report’s forecast for $0.6, or 1.4%, to $42.32 a barrel by 0916 19, and French Prime Minister Jean exceed 100 mln barrels per day. This predicted in the summer. The IMF said Saudi growth the Turkish economy for 2020 is minus 5% and then GMT. US West Texas Intermediate (WTI) Castex said he could not rule out local is partly influenced by consumer be- would be flat next year. The global economy will nar- positive 5% for 2021. The world trade volume will crude futures rose $0.63, or 1.6%, to lockdowns. Oil prices are also facing havior, the IEA points out. “The longer row by 4.4% in 2020 due to the effects of COVID-19, also narrow by 10.4% in 2020 and recover by 8.4% $40.06 a barrel. China, the world’s top pressure from the supply side.Workers lockdowns last, the more consumer be- according to an International Monetary Fund World in 2021, the IMF said. “While the global economy is crude oil importer, took in 11.8 million have been returning to the US Gulf of havior changes. For example, work from Economic Outlook report released Tuesday. The IMF’s coming back, the ascent will likely be long, uneven, barrels per day (bpd) of oil in September, Mexico platforms after Hurricane Delta home and the habit of avoiding air tra- previous expectation was minus 5.2% for this year, and uncertain,” the IMF stressed. It noted that all up 5.5% from August and 17.5% from and Norwegian workers to offshore rigs vel has become the norm,” the agency’s the report pointed out, adding: “These are difficult countries face difficult paths back to pre-pandemic September last year, customs data there after ending a strike, while OPEC experts explain. times, yet there are some reasons to be hopeful.”“The levels. The fund underlined: “To preserve jobs, it is showed on Tuesday.“Currently, oil de- member Libya on Sunday lifted force revision is driven by second quarter GDP outturns in important for governments, where possible, to con- mand is driven primarily by China,” majeure at its Sharara oilfield. Libya’s large advanced economies, which were not as nega- tinue to support viable but still vulnerable firms with Commerzbank said. The International total output on Monday was expected tive as we had projected; China’s return to growth, moratoria on debt service and equity-like support.” Energy Agency (IEA) – which advises to hit 355,000 bpd. A full return of the which was stronger than expected; and signs of a The report also said that uncertainty is continu- Western governments on energy po- 300,000-bpd Sharara field would nearly more rapid recovery in the third quarter,” said the ing and kept the global economy to only moderate licy – said in its World Energy Outlook double that.The era of growth in global report, entitled, “A Long and Difficult Ascent.” The growth. Extreme deprivation in 2020 may hit around that in its central scenario a vaccine oil consumption is coming to an end and fund’s forecast for 2021 was positive 5.2%, down 0.2 90 million people whose daily income is below $1.90, and therapeutics could mean the global will end in the period until 2030, follows percentage points from the previous forecast in June. the fund stressed. economy rebounds in 2021 and energy from the forecast of the International Wednesday,Monday, October,14,July 27, 2020 2020

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Editor-in-Chief: Amna Munawwar Awan Editor: Mohammad Arshad US election campaign in the backdrop of Phone: + 92 51 2814017 Offce # 407/408, 4th Floor, Evacuee Trust, Agha Khan Road, F-5/1 Islamabad Covid 19 Indian Role in Transitional Terrorism he global world witnessed the deceitful face of the fascist Modi after becoming one of the victims. He is failed to en- polls suggest that Mr Biden has a 10-point lead over aima aman regime in the aftermath of petrifying claims of Foreign Policy S Z courage his supporters at campaign events and even Donald Trump nationally. However his lead in some key Magazines regarding “India-ISIS nexus.” It exposed India tran- ovid 19 has changed many things globally White House staff, to wear protective masks and abide states is narrower such as is the case in Florida, where sitional terrorism campaign by citing its involvement in the and introduced us all to the new trends. by social-distancing guidelines. Even at the recent gath- the Democrat is 3.7 points ahead. When it comes to deadliest Easter bombings in Sri Lanka back in the year 2019, Currently when we talk about the most im- ering he threw mask in order to show that he is all fine social media campaigning and especially election tactics followed by the attack on a Turkish nightclub on New Year’s Eve portant events around the globe, election in and immune. In his long speech, Trump criticized many during the polls, Twitter has announced that it will not T2017, or the 2017 truck attacks in New York and Stockholm cities respec- United States is one of them. Donald Trump around. He attacked Hillary, press, and according to him permit any of its users even including candidates to de- tively. The claims also validated Pakistan’s narrative vis-à-vis Indian turbu- and Joe Biden both are taking very dissim- radical leftists. Unlike Trump, Biden has is emulating clare victory ahead of time in the approaching US elec- lent role in promoting terrorism and extremism.It is pertinent to highlight Cilar approaches to campaigning during the pandemic. public health guidelines amid Covid 19. His campaign tion. It also revealed that any tweets claiming triumph that India accused Pakistan of establishing ISIS networks in the occupied Throughout 2020, few things have alienated Democrats events can be seen following the SOPs of social distanc- before a clear projection would have a caution label territory of Kashmir. Contemporary revelations by the American magazine and Republicans in the United States more than their ing in contrast with Trump’s packed, largely maskless added. The move follows a comparable decision from authenticated that India itself prompted ISIS in the disputed region to prelude approaches to campaigning during the coronavirus extravaganzas. Biden recently exclusively attacked Facebook last month. While talking about the Economic the indigenous freedom movement by pretexting it as sponsored terrorism. pandemic. US President Donald Trump, who earlier Trump’s planned Florida visit and asserted that Trump policies, Donald Trump’s policies are more of a protec- This developmentunsurprised for Islamabad because it has been a key tar- was tested positive for Covid 19 and remained in hos- was bringing nothing but merely divisive rhetoric, and tionist. It also includes protecting the domestic indus- get of Delhi’s sponsored terrorism through proxies and mercenary forces. pital and away from official things for 10 days started fear-mongering to the Sunshine State. He also criticized tries from foreign opposition, often by placing tariffs Evidently, over the years, exploiting security vulnerabilities of Afghanistan his campaign once again after testing negative. After Trump for his failed planning with regards to coronavi- on imports. Trump’s policies are based on his ‘America it is using it as an asymmetric warfare Launchpad against Pakistan. The case the recovery he addressed his supporters in state of rus. Trump won Florida, Pennsylvania, Iowa and North First’ strategy. This policy revolves around American of Kulbhushan Jadhav- who has been held under charges of terrorism and Florida nearly three weeks until he faces Democratic Carolina, all 4 states he is visiting this week in 2016 manufacturers and producers at the forefront while spying for India’s intelligence agency confers Indian coercive role in deterio- candidate Joe Biden in the election. He categorically against Clinton but this time things can be different. imposing higher tariffs on foreign companies. Biden’s rating regional security and stability. Its belligerent approach already left the told the crowd that he is feeling more powerful now. American voters will decide on 3 November whether policies summarize many of the issues currently been lives of millions of Kashmiri on stake. The malpractices of draconian laws, On the other hand, Trump has faced immense criticism Donald Trump remains in the White House for another faced by America. genocidal massacres and, political gambits inflicted unhealing wounds whilst over his handling of the Covid 19. The virus has killed four years or not. The Republican president is being Writer is the Assistant Editor ‘Mélange int’l pushing the entire region into enduring crisis through escalating the Indo- almost 214,000 people in the United States and infected challenged by Democratic Party nominee Joe Biden, Magazine’, ‘The Asian Telegraph’ & Project Pak hostility by false flag operations and unprovoked atrocities alongside almost eight million people in the country. He is also who is best known as Barack Obama’s vice-president Coordinator (COPAIR); a degree holder in LOC. Given the recent facts against the Indian turbulent role, international facing criticism for not taking this virus seriously even but has been in US politics since the 1970s. Opinion communication & media sciences. powers and stakeholders must take notice, Indians should be held account- able for their heinous crimes committed around the globe. If this illicit act is ignored, the global security architecture will continue to suffer and peace Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect The Asian Telegraph point-of-view may become subtle and elusive. US Presidential Today in History Election and German General Erwin Rommel dies by suicide President Standing midst of unprecedented catastrophe of pandemic Covid- October 14, 1944 19, the Trump era drawing to a close with fewer accom- erman Gen. Erwin Rommel, nick- plishments. The electoral contest for 46thpresident of the named “the Desert Fox,” is given the US between Democrat candidate Joe Biden and Donald option of facing a public trial for trea- Trump be held on the 3rd of November. The presiden- son, as a co-conspirator in the plot to tial elections hold an immense significance to decide the assassinate Adolf Hitler, or taking cy- Apathways of American domestic politics and its global engagement in anide. He chooses the latter. Rommel pursuit of manifoldobjectives.Numerous polls have been conducted so Gwas born in 1891 in Wurttenberg, Germany, the far indicating Joe Biden on the course of a substantial blowout victory son of a teacher. Although not descended from whilst predicting Donald Trump’s defeat in his reelecting drive. It’s military men, the newly unified German empire quite understandable because Trump is perceived as one of the most made it fashionable to choose a military career, controversial presidents of US history due to his unorthodox nonpoliti- which young Rommel did, becoming an officer cal style of governance. Pundits and experts suggest that the US global cadet. During World War I, he showed himself image faced a major setback during the Trump era due to its coercive to be a natural leader with unnatural courage, and assertive foreign policy drive and domestic policy affairs pitfalls. fighting in France, Romania, and Italy. Following Notably, withdrawal from the Paris climate accord to the pulling out the war, he pursued a teaching career in German from the US-Iran nuclear deal emblazed irreconcilable failures to the military academies, writing a textbook, Infantry US foreign ambitions. Similarly, its interventionist policy in the Middle Attacks, that was well regarded.At the outbreak Eastern Quagmire raised grave apprehensions for the proponents of of World War II, Rommel was given command of vantages and proved his leadership abilities again for his “fox-like” sneak attacks). Winning signifi- the perpetual peace across the globe. One of the major set setbacks the troops that guarded Hitler’s headquarters, a in the German offensive against the French chan- cant victories against the British, whom he be- that the US faces under the Trump era is irking resentments with the disappointment for a man used to fighting on the nel coast in May.In early 1941, Rommel was given grudgingly admired, Rommel nevertheless became Reliable European and other allies of the US vis-à-vis its rigid policies front lines with the infantry. But in early 1940, control of the troops sent to North Africa to aid weary of this theater of operations; he wanted to towards the role of NATO. Apart from reforming the federal judiciary he was given his chance to put to use his gifts, Germany’s ailing ally, Italy, in maintaining its po- go back to Europe. It wasn’t until a second battle initiatives of space force program, and Taxation reforms, the Trump when he was given command of the 7th Panzer sition in Libya. It is here, in the deserts of North to take el-Alamein in Egypt went against him that administration failed to attain notable success in managing domestic Division. Although a novice as far as mechanized Africa, that Rommel earned his vaunted reputa- the “invincible” general was finally called home social and economic affairs. forces were concerned, he soon mastered the ad- tion, as well as his nickname (he became known back to Europe.

Pandemic-related stress leads to less HBO to develop scripted series about SpaceX employee engagement

NEW YORK COLUMBUS HBO is developing a limited series about As COVID-19 cases surged this spring, SpaceX, the space exploration company founded the pandemic led some people more than by Elon Musk. The six-episode series “SpaceX” others to ponder their own mortality. A will be based on the book “Elon Musk: Tesla, new study in China and the United States SpaceX, and the Quest for a Fantastic Future” suggests that these people were the ones by Ashlee Vance. It will document how Musk, who showed the highest levels of stress in pursuit of his lifelong dream to make hu- and the least engagement at work. But mankind a multi-planetary species, handpicks the research also uncovered a bright spot: a team of engineers to work on a remote Pacific The right kind of boss helped reduce stress Island where they build, and launch, the first and increase engagement and pro-social SpaceX rocket into orbit. It spurred a new era behavior in their workers who were anx- of privately funded space exploration, culmi- ious about COVID-19.“A global pandemic out surveys twice a day over three weeks nating in the first manned Space X launch of can lead some people to think about their while cases of COVID-19 were surging in the Falcon 9 on May 30, 2020.Doug Jung will own mortality, which will understandably the country. Results showed that the more serve as writer and executive producer on the make them more stressed and less en- that the employees thought about COVID- series. Channing Tatum will executive produce gaged at work,” said Jia (Jasmine) Hu, lead 19 related deaths, the more anxious they via his production company Free Association, author of the study and associate professor felt and the less engaged they were in along with Reid Carolin and Peter Kiernan of of management and human resources at their jobs.But the employees’ anxiety and Free Association. Vance and Len Amato will The Ohio State University’s Fisher College engagement were influenced by the type of also executive produce. Michael Parets will of Business. “But business leaders who are boss they had. Employees did better if their oversee the project for Free Association.Musk, attentive to employees’ emotional needs boss exhibited what is called “servant lead- who is not attached to the show at this time, and unite them behind a common purpose ership.” As the name implies, servant lead- has proven to be one of the most enigmatic fig- made a positive difference and helped ers prioritize fulfillment of others’ needs, ures of modern times. In addition to his work workers stay engaged at work and contrib- attend to employees’ emotional suffering, with SpaceX, he is well known for the elec- ute to their communities.”The study was work to empower employees, and empha- tric vehicle and clean energy company Tesla, published online recently in the Journal of size serving the community. Employees in of which he is the CEO. Through his various like “Mindhunter,” “Banshee,” “Big Love,” and will star in and co-direct with Carolin. In ad- Applied Psychology. The researchers con- the study rated on a scale of 1 to 7 how enterprises, his net worth is estimated to be “Dark Blue,” the last of which he co-created. dition to producing several of Tatum’s films, ducted three studies. One study involved much “My supervisor makes my career close to $100 billion. Jung’s previous writing He is repped by UTA, Circle of Confusion, and Free Association most produced on Sony’s 163 workers at an information technol- development a priority” and other state- credits include films like “Star Trek Beyond” Hansen Jacobson. Tatum is currently in produc- “Fatherhood” starring Kevin Hart. They are also ogy company in eastern China who filled ments that measured servant leadership. and “The Cloverfield Paradox, as well as shows tion on his directorial debut, “Dog,” which he producing “Gorilla and the Bird” also at HBO. TAT Special Commander Iraqi Air Force visits Air Headquarters

Sohail Majeed Butt tion. Commander Iraqi Air Force ISLAMABAD lauded the professionalism of PAF Major General (Pilot) Shihab personnel and the exceptional Jahid Ali Shakarchi, Commander progress made by PAF over the Iraqi Air Force, along with his del- years, through indigenization.The egation visited Air Headquarters, Air Chief highlighted the brotherly Islamabad on Tuesday. Upon ar- relations and collaboration be- rival, the distinguished guest was tween the two sides. Both the dig- received by Air Chief Marshal nitaries agreed to further augment Mujahid Anwar Khan, Chief of the the already existing cordial rela- Air Staff, Pakistan Air Force. A tions between the two air forces. smartly turned out contingent of Later in the day, Commander Iraqi the Pakistan Air Force presented Air Force also called on General Guard of Honour. The visiting dig- Nadeem Raza, Chairman Joint nitary also paid homage to PAF Chiefs of Staff Committee, at Joint martyrs by laying a floral wreath Staff Headquarters, Rawalpindi. at Yadgar-i-Shuhada (martyrs’ Matters of bilateral professional monument).The General also had a interest and further strength- detailed meeting with Chief of the ening of security and defence Air Staff. Both Commanders dis- cooperation between the two cussed various matters pertaining countries were discussed during to security and mutual coopera- the meeting. Wednesday, October,14, 2020

www.theasiantelegraph.net KSE-100 extends losses, sheds 203 points close, the benchmark KSE-100 index recorded 100 index lost a further 203 points after touch- Benchmark index a decrease of 203.14 points, or 0.51%, to settle ing a high of just +91 points. It closed at 40,006. at 40,006.68 points.Arif Habib Limited, in its re- The market traded sideways with low volumes falls 0.51% to settle at port, stated that the market continued to remain as political anxiety weighed on investors’ mind, Gomez battles depression on the downtrend on account of FATF concerns, he said.Fauji Fertiliser Company (-0.6%) issued 40,006.68 which were compounded by an uptick in infla- material information, saying its board of direc- in early lockdown days Bureau Report tion numbers.Overall, the index lost 564 points tors had recommended subscription of shares of KARACHI during the day but partly recovered by the end of Fauji Fertiliser Bin Qasim (-0.9%) in the rights Bears continued to dominate trading at session. It closed down by 203 points.Selling was issue not exceeding Rs2.4 billion for approval of Pakistan bourse for the second successive day observed almost across the board, with the ex- the company’s members.Furthermore, Samba on Tuesday and pushed the KSE-100 index down ception of PSO, HBL, Unity Foods and K-Electric Bank (+12%) in the financial sector touched its by 203 points as concerns over the upcoming stocks, which traded positive for a better part upper limit as the Samba Financial Group (SFG) Financial Action Task Force (FATF) meeting of the session.Buying activity in Lucky Cement entered into a framework agreement with Saudi weighed.Cumulatively, the two-day decline before the end of trading also contributed to the Arabia’s National Commercial Bank for beginning from the bear-run has accumulated to around recovery in the index, the report said.JS Global a reciprocal due diligence process and negotiat- 800 points.Encouraging remittances data for analyst Danish Ladhani said the benchmark KSE- ing definitive and binding terms of merger.Major September, which showed inflows of over $2 stocks Hubco (-1.9%), MCB (-1.4%), Pakistan billion for the fourth consecutive month, failed Petroleum (-2%), Oil and Gas Development to entice investors to turn direction of the bourse Company (-1.6%), Engro (-1%), Fauji Fertiliser and they resorted to divesting their holdings. (-0.6%) and UBL (-0.2%) contributed to the Weak investor sentiment pushed all index- negative close.Traded value dropped 24% to heavy sectors into the red zone.Earlier, trad- $60 million and volumes came in at 290 million ing began with minor ups and downs but still shares, down 23% compared to the last trading the index managed to post gains during initial session.“Going forward, we expect the market to WASHINGTON hours. After a while, selling pressure surfaced, trade sideways and recommend investors to buy Selena Gomez fell into “a bit of a depression” at the which dragged the index down by over 550 on dips,” the analyst said.Overall, trading volumes start of the Covid-19 lockdown. The Come & Get points.A buying spree, emerging later in the dropped to 290.1 million shares compared with It hitmaker, who has been open about her mental trading session, helped erase more than half the Monday’s tally of 377.6 million. The value of health issues, admits that like so many others, she losses. Despite the selling pressure, the index shares traded during the day was Rs9.8 billion. initially had trouble adapting to spending so much managed to sustain the 40,000-point mark.At Shares of 403 companies were traded. time indoors, as she isolated with her grandpar- ents and friends here. However, she eventually found new ways to get creative and was able to UAE economy to record 1.3% growth in 2021: IMF turn her mood around.n an Instagram chat with Dr. Vivek Murthy, who served as surgeon gen- Bureau Report the next. The IMF sees a partial recovery for the sharper downturn than in the US in the first-half eral under US. President Barack Obama, Selena DUBAI global economy in 2021 from a deep recession in of the year. The growth bounce-back of 5.2 per shared: “In the beginning, I couldn’t deal with it The UAE economy will have a 1.3 per cent real 2020. Growth is projected at minus 4.4 per cent cent projected for 2021 is accordingly stronger that well. I kind of went into a bit of a depression. GDP growth in 2021 following a 6.6 per cent con- in 2020, 0.8 percentage point above the June 2020 from a lower base.For emerging marketa and de- And then I started going into a place where I was traction this year, the IMF says in its latest World WEO Update.The stronger projection for 2020 veloping economies, growth is forecast at –3.3 per really writing and being active. I guess it (lock- Economic Outlook Report. The IMF’s forecast is far compared with the June update reflects the net ef- cent this year, 0.2 percentage point weaker than in down) just forced me to have that time.” “My job more conservative than many other recent ones. fect of two competing factors: the upward impetus the June forecast, and strengthening to 6 per cent is a lot of travel, connecting with people, making Aramco chief Earlier on Tuesday, the Institute of International from better-than-anticipated second quarter GDP in 2021.Prospects for China are much stronger people happy, and that makes me happy, so it has Finance (IIF), a global association of banks and outturns (mostly in advanced economies) versus than for most other countries in this group, with been a struggle,” she added.Selena has since been wins year’s energy financial institutions, forecast a 3.1 per cent GDP the down draft from persistent social distancing the economy growing by about 10 per cent over keeping busy focusing on new music and the of- growth for the UAE in 2021 after a 5.7 per cent and stalled re-openings in the second-half of the 2020–21. Activity normalized faster than expected ficial launch of her Rare Beauty make-up collec- executive contraction this year. The IMF has attributed year.“We are projecting a somewhat less severe, after most of the country reopened in early April, tion, through which she hopes to provide mental Bureaau Report the conservative forecasts for the Middle East though still deep, recession in 2020, relative to and second quarter GDP registered a positive health services to underserved communities. “I’ve RIYADH and Central Asia region to the impact of low oil our June forecast,” said Gita Gopinath, Economic surprise on the back of strong policy support and worked on personal things like a beauty line that Saudi Aramco’s president and prices, COVID-19 geopolitical issues and conflicts Counsellor and Director of Research of the IMF. resilient exports. has a goal of reaching $100 million in 10 years for CEO, Amin Nasser, has been in the region.Saudi Arabia, the largest economy in The revision is driven by second quarter GDP mental health,” the singer said of her Rare Impact named energy executive of the the GCC, is projected to contract 5.4 per cent this outturns, which were not as negative as we had Fund.VoM year by a panel of international year and move to a rowth of 3.1 per cent in 2021. projected; China’s return to growth, which was industry leaders. The 60-year- While Bahrain’s growth is forecast at 2.3 per cent stronger than expected; and signs of a more rapid Gal Gadot to star as old business chief was selected in 2021, the economy is projected to contract by recovery in the third quarter,”Growth in the ad- for the Energy Intelligence 2020 4.9 per cent this year. For Qatar, contraction this vanced economy group is projected at –5.8 per Cleopatra in new film award by a committee of top ex- year is forecast at 4.5 per cent and a projected cent in 2020, 2.3 percentage points stronger than ecutives. Nasser will be officially rebound of 2.5 per cent.Among GCC oil exporters, in the June update. The US economy is projected presented with the prestig- Oman is forecast to remain in recession for the to contract by 4.3 per cent, before growing at 3.1 ious award during the consul- whole of 2020 and 2021 with GDP contracting by per cent in 2021. A deeper contraction of 8.3 pe tancy firm’s inaugural Energy 10- and 0.5 per cent, respectively, for this year and rcent is projected for the euro area, reflecting a Intelligence Forum, being held virtually on Tuesday, when he will make a speech on the role of the energy sector in addressing cli- Turkish economic total turnover soars by 23.5% in Aug mate change and how companies can take advantage of opportuni- Bureau Report increased by 5.8%, and only the services Statistical Institute (TurkStat) said. The ties to reduce emissions.He will RIYADH sector posted a drop with 5.2%. On a volume of food-drink-tobacco sales in- also participate in a panel discus- The Turkish economy saw a jump in monthly basis, the seasonally and cal- creased by 5.2% while automotive fuel sion with Energy Intelligence’s total turnover in August -- over 23.5% endar-adjusted total turnover index was sales rose by 3.3% in August.Among non- CEO Alex Schindler about the -- on a yearly basis, the country’s statis- up 3% in August.According to TurkStat, food indices, the highest increase was company’s future strategies, en- tical authority announced Tuesday. The turnover is an important short-term in- seen in electronic goods and furniture ergy transformation, investment index detected the biggest change in the dicator used to assess the country’s eco- sales with 19%, while computers, books, in technology and infrastructure, trade sector, up 32.8% year-on-year in nomic situation. “Turnover Indices are telecommunications equipment sales MIAMI business expansion, refining, August, TurkStat figures showed.The in- calculated to follow the changes of this expanded by 16.8% and medical goods “Wonder Woman” star Gal Gadot will star as processing and marketing, and dustry sector registered an annual rise concept which is composed of sales of and cosmetic sales increased by 11% in Cleopatra in an upcoming Paramount film. Gadot the effects of the coronavirus of 29.4%, while the construction index goods and services invoiced by the enter- August, year-on-year. The volume of tex- announced the casting on Twitter, discussing the disease (COVID-19) pandemic. prise in the reference month over time, tile, clothing and footwear sales dropped period biography collaboration with “Wonder Dr. Abdullah Sultan, dean of re- to monitor the development in quarterly by 17.7% in August. Meanwhile, sales by Woman” director Patty Jenkins, scripted by Laeta search at King Fahd University and yearly basis,” it said. All enterprises mail orders and internet climbed 92.6% Kalogridis. “As you might have heard I teamed of Petroleum and Minerals, said: that declare their value-added tax to the year-on-year in August.Retail sales vol- up with @PattyJenks and @LKalogridis to bring “The award is an international country’s Revenue Administration are ume was also up by 1.4% in August on the story of Cleopatra, Queen of Egypt, to the big recognition of Nasser’s execu- included in the turnover index calcula- a monthly basis. TurkStat also revealed screen in a way she’s never been seen before. To tive leadership in the critical time tion.Turkey’s retail sales volume with that the calendar-adjusted retail turno- tell her story for the first time through women’s the oil and gas industry is going constant prices increased by 5.8% year- ver with current prices jumped 18.2% in eyes, both behind and in front of the camera,” through. It is also a reflection of on-year in August, according to official August, on a yearly basis. “In the same Gadot wrote. “I love embarking on new jour- the Kingdom’s reliability in en- figures released on Tuesday. During the month food, drinks and tobacco sales in- neys, I love the excitement of new projects, the ergy supply and environmental month, the highest annual increase was creased by 17.6%, non-food (except au- thrill of bringing new stories to life. Cleopatra is commitment. posted by non-food products -- except au- tomotive fuel) sales increased by 23.8%, a story I wanted to tell for a very long time.”It’s tomotive fuel -- with 7.2%, the Turkish automotive fuel sales increased by 5.4%,” a re-telling of the film story and role made fa- mous by Elizabeth Taylor in director Joseph L. Mankiewicz’s 1963 epic “Cleopatra.” Kalogridis specified on Twitter that she was looking for- ward to writing the story of Cleopatra, “arguably the most famous Macedonian Greek woman in Imran Khan discusses Australia’s tour of Pakistan with PM Morrison Saudi female footballers excited history.” Cleopatra was of Macedonian descent and had little, if any, Egyptian blood. Journalist Bureau Report about the upcoming league Sameera Khan was not convinced and blasted the LAHORE decision on Twitter. She asked who in Hollywood Prime Minister Imran Khan has Bureau Report “thought it would be a good idea to cast an Israeli discussed the possibility of the JEDDAH actress as Cleopatra (a very bland looking one) Australian cricket team touring As women across the Kingdom pursue their athletic dreams, in- instead of a stunning Arab actress like Nadine Pakistan after the “coronavirus si- cluding football, the No.1 sport in the country, anticipation for the Njeim? And shame on you, Gal Gadot. Your coun- tuation improves in the country”. Saudi Women’s Football League (WFL) is building.The Saudi Sports try steals Arab land & you’re stealing their movie The premier spoke about the mat- Federation first announced the launch of the WFL in February, roles... smh.”VoM ter with his Australian counterpart but it was postponed with the onset of the coronavirus disease Prime Minister Scott Morrison du- (COVID-19) pandemic.The wait has been long, but Saudi footballers ring a phone call on Monday. This ’I’m not afraid of criti- was revealed on Twitter by the have been training throughout the lockdown period.Coach Bireen editor of a local publication, who Sadagah told Arab News: “Jeddah Eagles (one of teams selected to cism: Megan Thee Stallion said: «During a telephone conver- play in the WFL) have been practicing very hard in preparation for sation with Australia’s Prime Mi- the league on and off the field, in terms of enhancing our fitness and nister Scott Morrison, Pakistan strengthening our football mentally.”She added: “The lockdown did Prime Minister Imran Khan has not stop us from wanting to improve ourselves. We continued train- discussed the possibility of an ing in our homes as best as we could with the space and equipment Australian tour of Pakistan once have since honoured their away ting countries had discontinued available. Workouts and football drills were sent to us. Then as soon the COVID-19 pandemic situation commitments with the Pakistan touring Pakistan in 2009 after the as it was acceptable, regular training was resumed three times a improves.» Australia last toured Cricket Board in the UAE but have Sri Lankan team was attacked by week, as well as individual work for recovery and strengthening.” Pakistan in 1998 — the same tour not visited Pakistan in more than terrorists in Lahore, the Aussies’ that saw Mark Taylor score his two decades.It is also pertinent to refusal to do the same had begun Hala Mansouri, a 22-year-old Saudi senior advertising student, has famous 334 in Peshawar. They note that while most of the cricke- a year prior, in 2008. been playing football since she was 6, while living in West Virginia in the US, where she joined the World Alliance of the YMCA and fell in love with the game.Returning to the Kingdom years later, she Cristiano Ronaldo tests positive for COVID-19 played on and off but always knew she had a knack for it, and joined Jeddah Eagles as a goalkeeper as soon as the lockdown was lifted. Bureau Report and has been dropped from the country’s Ronaldo’s result prompted another round “I used to play soccer and basketball when I was living in the US, de- LISBON Nations League match against Sweden on of tests for the rest of the Portugal squad. pending on the season, but I just loved playing soccer more when I Cristiano Ronaldo has tested positive for Wednesday.On Monday, the Juventus for- It said everyone else in the team tested moved back to Jeddah,” she told Arab News.Explaining what makes LONDON the coronavirus, the Portuguese football ward posted a photo on Twitter showing negative.The squad was scheduled to being a goalkeeper different, she said it was not as hard as playing In a new op-ed, Megan Thee Stallion—who federation said Tuesday.The federation him and the rest of the Portugal squad practice normally on Tuesday ahead of the other positions, but the difference was that goalkeepers see the recently included an inspiring message about said Ronaldo was doing well and had no having a meal together. The players were match against Sweden in Lisbon.Portugal whole field, must keep a close eye on the ball, and concentrate while the importance of protecting Black women symptoms. It did not say when he tested all close to each other at a table, with and France lead Group 3 with seven points keeping their cool. “We can speak to our teammates so they can in her SNL performance—further elaborates positive.Ronaldo played in the 0-0 draw at Ronaldo apparently taking the photo him- each after three matches.The Portuguese know where to go but the difference is we have different training; on the violence often waged against Black France in the Nations League on Sunday, self at the front end.Along with the tweet, federation did not immediately release they run more than us goalies. I use my whole body to block a ball women and how the burdens many place on and also in the 0-0 draw against Spain in Ronaldo wrote, in Portuguese, “United details about where Ronaldo was in isola- and strikers are more terrified if they missed or not. As a goalie, them are made even heavier during an elec- a friendly last week.Ronaldo is in isolation on and off the field!”The federation said tion, or for how long he would stay there. my only worry is if the ball passed the goal line,” Mansouri added. tion year.“I was recently the victim of an act He could miss Juventus’ Serie A match Although goalkeepers are sometimes the under-loved players, of violence by a man,” Megan wrote in a New at Crotone on Saturday and the team’s York Times op-ed published Monday when Champions League opener at Dynamo addressing the shooting for which Tory Lanez Kyiv next Tuesday. And depending on was recently charged. “After a party, I was his condition and the results of future shot twice as I walked away from him. We tests, he could also miss the much-antic- were not in a relationship. Truthfully, I was ipated match against Barcelona on Oct. shocked that I ended up in that place.”Megan 28.Juventus had been in isolation follow- added that she’s had “a lot of self-reflection” ing positive tests for two staff members on the shooting and how it shows a pattern with the club. There has been some con- of men’s acts of violence against women, troversy that Ronaldo and six other play- which she notes here isn’t always connected ers were allowed to leave the isolated to being in a relationship.VoM group and join their national teams. Wednesday , October 14, 2020 The Asian Telegraph www.theasiantelegraph.net

Sindh to Envoys present credentials to release wheat President on Oct 16 President advises PDM not to ma- KARACHI lign state institutions Sindh cabinet on Tuesday decided to ISLAMABAD release wheat from the government The envoys of Brazil, Denmark, Sweden, Greece, Hungary stocks from October 16. A session of the and Ukraine presented their credentials to President Dr. provincial cabinet with Chief Minister Arif Alvi at a ceremony held at the Aiwan-e-Sadr on Tuesday. Syed Murad Ali Shah in chair today ap- Felicitating the newly appointed ambassadors, the President proved the wheat release policy of the expressed hope that Pakistan’s bilateral relations with their provincial government. The release of respective countries would improve in all areas of mutual wheat from government stocks would trust including economic, political, cultural and diplomatic areas. Those who presented the credential included Olyntho help Rs 9.13 per kilogram reduction in Vieira (Brazil), Lis Rosenholm (Denmark), Henrik Persson ex-mill wheat price in Sindh. The ex- (Sweden), Andreas Papastavrou (Greece), Bela Fazekas mill price of wheat flour will drop to (Hungary) and Markian Chuchuk (Ukraine). President in Rs 47.87 per kilogram from existing 57 his separate meetings with the ambassadors said Pakistan rupees per KG. Provincial cabinet has was keen to promote relations with all friendly countries in fixed 3687.50 rupees per bag price of areas of mutual interest. He mentioned the government’s the wheat and also issued directives smart lock-down policy that successfully contained the to this effect to district administration spread of COVID-19 pandemic. On regional situation, he across the province. In previous week, said Pakistan was making efforts for promoting peace and stability. The President also highlighted the gross human Sindh Food Minister Hari Ram Kishori rights violations being committed by India against the Lal said that Sindh will likely to release Muslims of Indian Illegally Occupied Jammu and Kashmir wheat from its stocks between October (IIOJK). He said India had unleashed a reign of terror by 15 to 20. He said that the food depart- persecuting the minorities and urged upon the international ment has sought permission from the community to take note of the situation. President Dr Arif chief minister in writing for release of Alvi cautioned the Pakistan Democratic Movement (PDM) wheat to flour mills. Food Minister said leadership against maligning the state institutions for their that the province had last year released political motives as such a narrative was correlated with the wheat stocks to flour mills on October one propagated by the enemies of Pakistan. The president, in a talk show programme of private TV channel ARY News, 27. Food Minister had earlier said that Pak stands for peace said there was no restriction on political activities, but the the department has sufficient reserves leadership of newly formed alliance should consider the of wheat and the flour companies and COVID-19 situation. “They should not malign the state mill present on the government ros- India behind high-profile terrorist attacks in Pakistan: Dr Moeed institutions. I urge them not to create rifts as such a narrative ter would get the stocks on discounted NSA Mooed Yusuf says Kashmiris principal party in any dialogue is identical with the one built by the country’s enemies,” he rates. Sindh and federal governments added. To a question about the return of Nawaz Sharif, the president observed that courts had decided some cases have recently trade barbs over release ISLAMABAD tanks as a front to funnel money to terrorists in but New Delhi had been “running away”. Yusuf of wheat from official stocks. Minister National Security Advisor to Prime Minister against him while a few were pending, and the Pakistan Balochistan. The national security adviser also pointed out how India has been at odds with its Muslim League-Nawaz (PML-N) leader must return to for National Food Security Syed Fakhr Imran Khan, Mooed Yusuf revealed that India said that Pakistan had evidence that the master- neighbours over the past one year, from China to - face them. PML-N President Shehbaz Sharif should also Imam in a statement said that the Sindh mind of the APS massacre was in contact with an Bangladesh. “Even Nepal has been standing up clarify his position as being a guarantor of Nawaz Sharif, he government was repeatedly asked to re- ist attacks in Pakistan, saying that Islamabad Indian consulate and that he had the phone num- to you,” he said. “The Bangladesh prime minister had “proof to the T” of New Delhi’s involvement. opined in response to a question. The PML-N supporters lease wheat from its official stock with was involved in at least four high-profile terror ber of the handler as well. “We have evidence to is speaking to our prime minister and is saying must make their leaders to realize the democratic norms, a view to stabilising wheat flour price In an interview to veteran Indian journalist the T,” he was quoted as saying by The Wire. Dur- things I do not wish to repeat here.” However, he Karan Thapar for The Wire (which will be live he said, adding he did not say that they were using the in the market but its continuous refusal ing the interview, the national security adviser ‘Punjabi card’. The president opined that the dialogue at 5:00pm IST on their website), Yusuf said that said that Pakistan had “received a message for a to any talks with India and they were: a) the end was creating problems. “If the Sindh gov- Pakistan has proof of India’s ties to terrorism. between the government and the opposition parties could ernment releases wheat stock as soon desire for conversation.” According to The Wire, madeof the itmilitary clear that siege there in occupied were five Kashmir, preconditions b) the be possible on certain issues. He said the laws against he refused to divulge more details regarding the reversal of the domicile law, c) the release of all corruption should be strengthened further. The National as possible, the price of wheat flour in matter but said that Kashmiris must be a third political prisoners in occupied Kashmir, d) India the market will decline. The federal gov- illegal attempt to annex occupied Kashmir by Accountability Bureau (NAB) could not be weakened at the This was the first interview by any Pakistani party in any dialogue between India and Paki- must put an end to state terrorism in Pakistan, whims of certain people. About the performance of Pakistan ernment has written two letters to the governmentrevoking Article official 370 to of Indian the Indian media constitution. after India’s stan concerning the issue. “There is Pakistan and e) India must stop violation of human rights in Holding India responsible for terrorist attacks in Tehreek-i-Insaf government, the president said big changes provincial government to release wheat then there is India. Now, if the Kashmiris can’t occupied Kashmir. According to The Wire, Yusuf had taken place in the country, which was evident from the from its stock, Fakhar Imam added. VoM Pakistan, Yusuf said that New Delhi had used a stand the sight of India, how are we gonna have spoke about Indian agent Kulbhushan Jadhav consulate “in a neighbouring country” to launch economic turnaround. Look at the economic conditions a dialogue?” said Yusuf. When Thapar told him during the course of the interview and said that which were inherited by the government, he added. VoM - not to “put words into the mouths of Kashmiris, the RAW agent “has been caught with his pants nese consulate in Karachi and the Pakistan Stock Yusuf shot back: “Is Farooq Abdullah not a Kash- down”. Yusuf denied Indian allegations during attacksExchange. on He a five-star further hotelsaid inthat Gwadar, India therecently Chi miri? Is Farooq Abdullah a pro-India politician?” the interview that Pakistan did not grant unim- spent $1 million to merge the Tehreek-e-Taliban- Yusuf also said that Pakistanis willing to discuss peded and unconditional consular access to New Pakistan (TTP) and four other terrorist organ- terrorism but stressed on diplomacy between Delhi. Talking about the 2008 Mumbai attacks, isations in Afghanistan under the supervision of the two sides. “We must sit down like adults,” the Pakistani national security adviser did not he was quoted as saying. He said that Pakistan mince words in blaming India for the culprits not a militant involved in the attack on the Chinese stands for peace and the country wants to move being punished severely, saying that India was, RAWconsulate, officials. had Yusufundergone said that treatment Aslam atalias a hospi Achu,- forward. The national security adviser told the “deliberately delaying sending evidence and wit- tal in New Delhi, which was proof of India’s in- Indian journalist that PM Imran Khan had said nesses” as it wanted to use the issue to embar- volvement in the matter. He told Thapar that the since day one that he wished for peace with India rass Pakistan in front of the world. VoM Indian Embassy in Afghanistan was using think- NCOC recommends banning public gatherings China, Malaysia evolve Global tax talks’ collapse to cost $100b: OECD consensuses on cooperation PARIS ria told journalists. In such a worst-case sce- 3,497 coronavirus hotspots put It is pertinent to note that Chief Minister Sindh Syed Mu- KUALA LUMPUR/ SHANGHAI The global economy could shed more than 1 nario, trade disputes could knock the global rad Ali Shah announced earlier today that as many as 222 China and Malaysia have reached a series of consen- percent of output if international talks to re- GDP back by more than 1 percent, the OECD, under lockdown fresh cases of COVID-19 were reported in the province sus on a wide range of issues including strengthening write cross-border tax rules break down and which has been steering the global tax talks, ISLAMABAD during the past 24-hours. Giving a routine daily update trigger a trade war, the OECD said, after coun- estimated in an impact assessment. Conversely, National Command and Operation Center (NCOC) on over the virus tally in the province, the chief minister said multilateralism, and maintaining peace and stability tries agreed to keep up negotiating to mid- new rules for digital taxation and a proposed Tuesday reportedly recommended the government to im- that more than half of the COVID-19 cases in the prov- bilateralin the South cooperation, China Sea, fightingamong others, COVID-19, visiting upholding Chinese 2021. Nearly 140 countries agreed on Friday to global minimum tax would increase global pose a ban on any public gathering including political ral- ince, that is 136, were reported from Karachi in the very State Councilor and Foreign Minister Wang Yi said here extend talks, after the pandemic outbreak and corporate income tax worldwide by 1.9 per- lies to contain the reemergence of COVID-19. The NCOC, period. “We overall performed 8,448 COVID-19 tests in on Tuesday. Speaking at a joint press conference with US hesitation before the presidential election cent to 3.2 percent, or about $50 billion to $80 designed for a rapid collective response to the global pan- the province during the past 24 hours,” he said, while the Malaysian Foreign Minister Hishammuddin Hussein fol- squashed hopes of reaching a deal this year. billion per year. That could reach $100 billion demic outbreak, put forward its recommendations yester- death toll from the virus during the period stood at six in lowing their bilateral meeting, Wang said his visit is the when including an existing US minimum tax day in the National Coordination Committee (NCC) meet- the province.Federal Minister for Planning and Develop- multinationals to pay their share under inter- ing comprising government heads and assistants across ment Asad Umar stressed that implementation of precau- - Publicnational pressure tax rules isafter growing the COVID-19 on big, pandemic profitable of global corporate income tax, the OECD said. - tionary measures is vital to ward off the possible second strained national budgets, the countries said in first by a Chinese foreign minister to Malaysia since the onMeanwhile, overseas any profits, drag amountingon global growth to 4 percent would ever, reluctant to give approval to the recommendations, wave of novel coronavirus pandemic in the country. VoM COVID-19speaks volumes outbreak about and the he high is also level the of first the foreigncomprehen min- an agreed statement. The aim is to update in- be no more than 0.1 percent in the long term. At provincesPrime Minister and theImran centre, Khan, the according sources to confirmed. the sources How in istersive strategic that Malaysia partnership has officially between hosted China since and then, Malaysia. which ternational tax rules for the age of digital com- the same time, new digital taxation rules would NCC, noted the opposition will have the opportunity to It also demonstrates the good tradition of mutual trust merce, in particular to discourage big internet shift the right to tax $100 billion in corporate play the victim if political assemblies are restricted amid and mutual support between the two countries. Facing companies like Google, Facebook and Amazon COVID-19 second wave. The NCC nevertheless noted, said the unprecedented challenges, China and Malaysia have largely at the expense of low-tax investment the sources, that the provincial governments and district Ireland, regardless where their customers are. been working together with solidarity to tide over this profits to big consumer-market countries, administrations have been duly apprised of the Standard trying time, achieving great progress together in re- fromIn the booking absence profitsof a new in international low-tax countries rulebook, like While countries agreed on OECD blueprints Operating Procedures in granting approvals to proces- a growing number of governments are plan- sponding to the COVID-19 and deepening the friendship hubsfor a wherefuture suchdeal, profitsthe key currently remaining get issuebooked. to sions and assemblies. The PM has instructed the NCOC between brothers and neighbors, he said. Trade and in- ning their own digital services taxes, which be solved was the scope of businesses to be to ensure a close inspection of COVID-19 situation in the vestment between China and Malaysia have bucked the has prompted threats of trade retaliation from covered, which would then make it easier to country keeping in view the recent reports that suggested trend by registering growth, while bilateral cooperation the Trump administration. “The alternative to agree on the technical parameters, OECD head a hike in the infectivity. He concluded that if the situation across the board has been moving forward continuous- of tax Pascal Saint-Amans said. The Trump ad- of cases gets out of control and the efforts to contain in- ly, he said, adding that the bilateral relationship has been The last thing you want at this time with CO- ministration had insisted on an opt-in option fectivity is not effective anymore, the shutdown of schools, showing strong resilience and China-Malaysia coopera- findingVID-19 anis toagreement have to dealwould with be afurther trade wartrade ... for US companies, which has been broadly re- marriage halls and other public gatherings can be advised. tion is set to embrace even brighter prospects. Xinhua tensions,” OECD Secretary General Angel Gur- jected by other countries in the talks. Reuters

Global Markets Turkey, EU discuss Nagorno-Karabakh conflict Stocks pause in rally the Armenian military occupied Upper Kara- within 24 hours of the truce violated a ten- World Azerbaijani bakh, an internationally recognized territory gain, versus a 2.1% drop in August. The Congress condemns of Azerbaijan. The World Azerbaijani Con- left at least 35 civilians wounded, including China stock market tops data, which suggests Chinese exporters are Armenian attacks gress condemned a missile attack by Arme- tativewomen cease-fire and children. between “It needs the two to be sides realized and $10tr recovering from the pandemic’s damage to nian forces on Azerbaijan’s second-largest that Armenian forces are attacking civilians. Bureau Report overseas orders, helped Chinese blue-chip ISTANBUL city of Ganja which killed at least 10 civilians. How many Azerbaijani civilians must die in SHANGHAI/NEW YORK/LONDON/MOSCOW shares rise 0.33%. MSCI’s broadest index Turkish president Recep Tayyip Erdogan order for our voices to be heard?” the state- - and the head of the European Council spoke Equity markets in Europe and the United of the Organization for Security and Coop- ment added. Noting that they are waiting for States eased, as investors took stock of re- ever, trimmed earlier gains and was little about Turkish-EU relations, developments in eration in Europe (OSCE), the Sweden-based justice from the OSCE and from “all over the changed by the end of Tuesday. In currency the Eastern Mediterranean, and regional is- Addressing Edi Rama, Chairperson-in-Office cent rallies before chasing further gains. An- of Asia-Pacific shares outside Japan, how congress headed by Asif Kurban underlined world,” the congress called for a halt to Ar- alysts said Tuesday’s pullback in stock mar- markets, investor demand for the dollar that “Armenia once again emphasized that menian aggression and demanded that UN kets was by no means driven by an aversion helped the dollar index to climb 0.416% Erdogan urged the EU to take a “consistent it ignores international law.” “The main Security Council and UN General Assembly against a basket of other currencies, putting stance” on Azerbaijan’s territorial integrity, to risk, especially since investors are con- sues, an official statement said. Recep Tayyip reason they attack civilians is to spread the resolutions be implemented. Four UN Secu- vinced that the U.S. government will unveil buoyant recovery. The Euro STOXX 600 lost it on track for its biggest daily percentage according to a statement by Turkey’s Com- war to the whole region and include other rity Council resolutions -- 822 (1993), 853 gain in three weeks. Currency traders were munications Directorate. Erdogan said that 0.77%, ending three straight days of gains, countries in this war and throw into the (1993), 874 (1993) and 884 (1993) -- and Still, the tempered mood in stock markets with markets in Frankfurt, London and Par- also watching Chinese trade-related issues. Armenia had endangered Europe’s energy two UN General Assembly resolutions as Reports that Beijing has stopped taking supplies by attacking the Azerbaijani city of more fiscal stimulus to bolster the economy. is mirroring its moves. News that Johnson & strike by Armenian forces around 2.00 a.m. well as many international organizations de- traditional safe-haven assets such as the Johnson was pausing its COVID-19 vaccine shipments of Australian coal caused the Ganja along with the Tovuz region, where local time Sunday (2200GMT Saturday) on mand the “immediate, complete and uncon- Australian dollar to drop as much as 0.6% natural gas and oil pipelines and transporta- fire the entire region,” it said. The missile wasdollar accompanied and U.S. Treasuries. by firmer A stronger demand dollar for candidate clinical trials because of an un- Ganja, located outside the frontline zone, ditional withdrawal of the occupying forces” in turn weighed on gold prices. The S&P 500 explained illness in a study participant also to $0.7165. Government bond yields in the tion lines are located. Erdogan urged Charles from Azerbaijani lands. The Parliamentary euro zone held near recent troughs, with Michel to work to revitalize Turkish-EU rela- fell 16.8 points, or 0.46%, to 3,517.73, but Assembly of the Council of Europe (PACE) still within sight its record high of 3,580.84 now. Investors see the quick introduction hefty supply failing to dent a market bol- also refers to the territory as being under the struck on Sept. 2. The Dow Jones Industrial gaveof a vaccine investors as akey reason to helping to take economies profits for stered by expectations for further central the 2016 migrant agreement, and making occupation of Armenian forces. “Consider- bank easing. Germany’s 10-year Bund yield progress on updating the Customs Union Average dropped 128.4 points, or 0.45%, to recover. J&J’s move comes after AstraZen- tions, EU fulfillment of its obligations under able parts of the territory of Azerbaijan are 28,706.11. The Nasdaq Composite dipped eca paused late-stage trials of its experi- touched -0.538%, its lowest in just over a and visa liberalization. Despite Turkey’s still occupied by Armenian forces, and sepa- week. Italian and Greek benchmark 10-year goodwill approach, Greece continues to 2.2 points, or 0.02%, to 11,877.63 “Mar- mental vaccine in September, also due to a ratist forces are still in control of the Nago- kets have already priced in perfection,” said participant’s unexplained illness. The sen- debt both hit record lows. The benchmark escalate the tension in the Eastern Mediter- rno-Karabakh region,” says PACE resolution 10-year Treasury yield was last down 4.3 ranean, he said, adding that Ankara expects Ken Polcari, chief market strategist at Slat- timent in European and U.S. stock markets 1416 adopted on Jan. 25, 2005. “We expect eStone Wealth LLC in Florida. “It’s ‘buy the contrasted with earlier resilience in Asia, basis points at 0.7322%. - Chinese domes- concrete steps from EU to convene the East- you to contribute to the withdrawal of Arme- tic equities are worth more than US$10 ern Mediterranean conference it proposed. rumor, sell the news.’” European shares also where shares were boosted by Chinese data nia from occupied territories of Azerbaijan. struggled on Tuesday as investors looked that showed exports rising 9.9% in Sep- Relations between the two former Soviet re- We expect you to react to the killing of civil- since 2015, when a record crash erased publics have been strained since 1991 when past Chinese trade data that pointed to a tember and imports swinging to a 13.2% ians by Armenia,” the statement said. APP trillionhalf the (S$13.6market’s trillion) value in for months. the first Reuters time

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