"Allow the Taliban to open offices in "

PM Pakistan The Asian Telegraph www.theasiantelegraph.net Friday, August 21, 2020| Vol: XI, Issue: 117 ABC CERTIFIED /asian_telegraph /asian_telegraph /theasiantelegraph /asian_telegraph /theasiantelegraph /company/theasiantelegraph

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Follow us Follow .theasiantelegraph.net WB Country Director No rift in relations lauds strong response between Pakistan, by Govt during COVID-19 Saudi Arabia: FO ISLAMABAD

ISLAMABAD Chaudhri has said that there is no rift in the World Bank’s newly relations between Pakistan and Saudi Arabia. appointed Country Director Foreign Office Spokesperson Zahid Hafeez Bank in Pakistan, Najy in Islamabad on Thursday, he said Pakistan Benhassine called on Adviser Respondingand Saudi Arabia to a question have alwaysat weekly enjoyed news briefingunique on Finance and Revenue relations, deep rooted in religion, culture and Dr. social ties. The Spokesperson said Prime Minister in Islamabad on Thursday. Imran Khan’s remarks on the subject in his recent The Adviser highlighted media engagement and Chief of Army Staff General the reforms initiated by the Qamar Javed Bajwa’s just concluded visit to Saudi government to tackle the Arabia testify to the unchanged fraternal relations balance of payment crisis in and close contact between the two brotherly 2018-19 and bring stability countries. He said the two countries have to the economy. He shared strong economic, political, security and military details of how the COVID-19 cooperation at all levels. He said the visit by Prime pandemic has adversely Minister Imran Khan and the landmark visit of impacted the economy and Crown Prince Mohammed bin Salman last year slowed down the reforms have further cemented our relations and provided program. Abdul Hafeez new avenues of cooperation in trade, investment Shaikh outlined the steps taken by the government values Saudi Arabia’s important role in the OIC to tackle the COVID-19 andContact other Group fields. on The Jammu Spokesperson and Kashmir. said Answering Pakistan pandemic and stimulate Role of banks in construction sector a question about the agreement between the UAE the economy. In particular, and Israel for normalization of relations, the he highlighted the Prime Spokesperson said there is no change in Pakistan’s Minister’s Ehsaas program Pakistan on course to become Islamic welfare state: PM principled position on Palestine. He said Pakistan where over 16 million of the has abiding commitment to full realization of most vulnerable households PM Imran Khan has launched Sehat Insaf Card to provide free medical facility worth one million rupees at government and private ISLAMABAD the legitimate rights of the Palestinian people, have benefitted from the remarkable initiative, which, he believed, would stitutions. The prime minister asked the KP govern- including their right to self-determination for a cash transfers. The World Prime Minister Imran Khan on Thursday said the pro- also compel other federating units to follow the suit ment to provide Sehat Insaf Card to the people instead people measures like extension of health insurance just, comprehensive and long-lasting peace. He Bank Country Director consequent to the possible public pressure. He said he of using the national identity card for the purpose as said Pakistan has consistently supported a two appreciated the strong facility to entire population of Khyber Pakhtunkhwa, would ask the Punjab and Balochistan governments it would help compilation of data and discourage the manifested that Pakistan was on the course to be- state solution in accordance with UNSC and OIC response by the government too to provide health insurance cover to their entire pilferage. In his remarks, KP Health Minister Taimur resolutions as well as international law with pre- during the COVID-19 come an Islamic welfare state. Addressing the agree- population which would ultimately put the opposition- Saleem Jhagra said the provincial government would ment signing ceremony here between the KP govern- 1967 borders and with Al-Quds Al-Sharif as the pandemic. He highlighted the led Sindh government under pressure to extend the spend Rs 18 billion to provide health insurance facility capital of Palestine. As for recent development, World Banks support to the ment and State Life Insurance Corporation, the prime facility to its people. He said no service could match to entire 40 million population across all 35 districts. minister said any country taking the responsibility of the Spokesperson said, Pakistan’s approach will emergency response with supporting a cash-starved poor family having a mem- He said the six-phased programme would complete be guided by our evaluation of how Palestinians’ projects totalling almost its people would be called a civilized state. Under the ber with a serious disease. The illness was among the by January 31, 2021. The minister said of Rs 1 million agreement, an annual health insurance cover of Rs 1 rights and aspirations are upheld and how half a billion dollars to help top factors to push a stable family down below the pov- regional, peace and security and stability are the country prevent, detect million each would be provided to around six million maternity services, fracture and general surgery; Rs families of the province enabling the whole 40 million preserved. To another question, the Spokesperson and respond to the pandemic getting treated her cancer patient mother. The prime cover,400,000 Rs for 200,000 cardiovascular, had been diabetes, specified kidney, for emergency, basic can- said the OIC Contact Group has held four meetings and strengthen public health population to avail free medical treatment at over 250 minister said the launch of Sehat Insaf Card for the cer and neurological diseases; and the rest Rs 400,000 public and private hospitals across the country. KP erty line, he added, recalling his difficult experience of on the Kashmir issue since India’s unilateral and preparedness. VoM - for cancer, chemotherapy, kidney transplant, accident illegal actions on August 5 last year. VoM Health Secretary Syed Imtiaz Hussain Shah and SLIC nancial constraints due to the COVID-19 pandemic was and emergency. Prime Minister Imran Khan has de- Chairman Dr Riaz Ahmed Memon signed the agree- entire population by the KP government amidst the fi clared the construction sector a guarantor for promo- ment while the prime minister along with KP Governor the massive health insurance cover would also beget tion of economy. He was chairing a meeting of National Shah Farman and Chief Minister wit- highlycompetitive laudable. environment He said besides to help benefiting improve the people,service Coordination Committee for Housing, Construction nessed the ceremony. Federal ministers Pervaiz Khat- delivery at public and private hospitals. He said the and Development in Islamabad on Thursday. The tak, , Ali Amin Gandapur and , government had already incenitivised the health sec- Prime Minister expressed satisfaction over the active Special Assistants to the PM Lt Gen (Retd) Asim Saleem tor by allowing duty free import of medical equipment, role being played by the banks in the construction sec- Bajwa and Shahbaz Gill, provincial cabinet members besides announcing reduced prices for the evacuee tor. Imran Khan said the government has addressed all properties to establish hospitals and educational in- the reservations of the banks. VoM minister congratulated the KP government for taking and senior officials attended the ceremony. The prime Armed forces render immense sacrifices for Coronavirus, climate NCHD working for promotion of non formal protection of motherland: Shibli change, SDGs main education, healthcare in 134 districts reduction will result in saving government expenditure. The challenges for UN ECOSOC: Bureau Report tributed in providing literacy Govt overcomes various challenges Adviser said automation is our top priority to check cor- ISLAMABAD to 3.96 million since its incep- ruption, bad governance, and discretionary powers of the Munir Akram National Commission for tion and providing education during last two years government functionaries. He said Information Technology ISLAMABAD Human Development (NCHD) to 335,164 children in NCHD ISLAMABAD has cardinal role in introducing automation in government Pakistan’s perma- is working for promotion of funded 5,949 Feeder Schools Minster for Information and Broadcasting Shibli Faraz departments to improve their performance. He said busi- nent representative non formal education, health- in the remote areas to the says the government has overcome various challenges dur- ness process will be made easy by introducing e-filing. Dr to the United Nations care in 134 districts across marginalized group. He said ing the last two years, putting the country on the path of said we are going to introduce Public Finance Munir Akram has said the country including erst- that the Commission is pro- development. Addressing a news conference along with Management System under which government departments coronavirus, climate while FATA, Gilgit Baltistan, viding an equal education op- other cabinet members about two-year performance of the have to present their reports before the parliament. He said change and implemen- and Azad Jammu Kashmir portunity in the remote areas government in Islamabad on Thursday, he said good days loss making entities like Pakistan International Airlines and tation of Sustainable (AJK) providing people with is the basic right of all the have begun as we are turning the corner. The Minister said Pakistan Steel Mills have been continuously bleeding the Development Goals an easy access to education citizens of the country, add- the country’s economy has become strong, which is evident economy of the country and now steps are being taken are the main chal- and health facilities. Director ing that providing free and from the COVID-19 crisis. He, however, said the government to reform and restructure PIA, PSM and Federal Board of lenges for Economic General NCHD Hassan Baig compulsory education to the is still facing various challenges, including price-hike, hoard- Revenue to make them efficient and modern entities. He said and Social Council of said that the Commission had poor. He said that govern- ing and smuggling, which will also be addressed. He said now refunds of the business community will be given in an the world body. He was a strong infrastructure at ment can utilize large human Prime Minister Imran Khan’s topmost priority is to reduce automated manner to ensure transparency.VoM talking to President of grass root level covering 114 resources of NCHD especially prices of the essential commodities.Shibli Faraz said the PTI the General Assembly districts all over the country. the volunteer’s force of 36,000 government will implement its complete manifesto during Tijjani Muhammad- He said that NCHD has con- volunteers for awareness its five-year term. The Minister said the politics of vested Bande durin0g a virtual campaign regarding COVID in interests and corruption is going to end, and it is going to meeting in New York. the country. In collaboration be replaced by the politics of public service.Prime Minister’s Munir Akram, who is with JICA we had launched a Adviser on Institutional Reforms Dr. Ishrat Hussain said also the President of model of Non-formal School 73,000 redundant posts, lying vacant for more than one year, Economic and Social system where 20 schools are have been abolished. He made it clear that the government Council said over hun- functional in order to provide is not going to deprive anyone of job and we only abolished dred million people education to the children of the redundant posts to reduce size of the federal govern- have been impover- age 10-14 who could neither ment as an austerity measure. He said 440 various federal ished due to Covid-19 be admitted to the primary departments and institutions have been reduced to 324. He pandemic across the school nor belongs to adult said these departments have lost their importance and their world. VoM literacy. VoM In U.S.-China tech war, investors bet on China’s localisation push Oil and stocks fall as markets still rattled by Fed minutes

Bureau Report tablished global players. But Wu said price next three years for local vendors. Local Awais Siddique/Sohail Majeed Butt just experienced one of the largest and the economic damage,” BH Global, a fund SHANGHAI levels are justified by growth potential and governments are rushing to form industry LONDON/SYDNEY/ NEW YORK most severe economic shocks on record,” managed by Brevan Howard, said in an in- As the U.S.-China “tech war” widens, direct government backing. The Trump ad- federations to promote the use of Huawei’s The Federal Reserve’s doubts over the said Kaspar Elmgreen, head of equities at terim report published on Thursday. “Many investors are betting on China’s efforts ministration has recently strengthened re- Kunpeng processing technologies. Last U.S. economic recovery kept markets Amundi. “This story is not over yet, despite businesses face solvency risks that are not to replace U.S. technologies with indig- strictions on China’s Huawei Technologies week, China Unicom’s Wuchang subsidi- in the red on Thursday, even though what the markets might be indicating,” he addressed by borrowing; a debt overhang enous applications to run networks in and sanctioned China-owned apps TikTok ary struck a partnership with Huanghe European stock indexes spent the mor- said. “We are navigating a ship here with cannot be cured by more borrowing no the state sector. In recent months, local and WeChat. Washington also rolled out Technology, which makes servers and ning recovering from initial losses. Wall unusually low forward visibility and a very matter how cheap it may be,” the fund’s governments and state firms such as a “Clean Network” initiative to exclude PCs using Kunpeng technologies. In May, Street was knocked from its recent highs wide range of outcomes.” Despite the do- report added. “Improved financial condi- China Telecom have announced plans and Chinese tech firms perceived as threaten- on Wednesday after the Fed’s minutes vish minutes, U.S. Treasury yields and the tions are narrowly focused on a handful of procurements aimed at fostering a home- ing national security. Under U.S. pressure, said it was building plants to make PCs and from its July meeting spooked investors dollar rose with investors focusing on parts large companies and benefiting stakehol- grown tech ecosystem to displace gear Chinese vendors are poised to gain local ITservers distributer using Kunpeng Digital China CPUs. (000034.SZ) Also in May, by showing that the swift labour mar- of the minutes that showed policymakers ders who need relatively little economic as- from the likes of Intel, Microsoft, Oracle market share, said Jie Lu, Robeco’s China China Telecom said it would procure up to ket rebound seen in May and June had downplaying the need for yield caps and sistance. The result is that financial assets and IBM. An index tracking Chinese IT research head. “China will ramp up the 56,314 servers in 2020, one-fifth of them likely slowed. The S&P 500 had reached targets. The dollar index, which measures are expensive by many standard metrics. stocks .CSIINT has jumped nearly 30% investment and R&D intensity for critical using Kunpeng and Hygon Dhyana chips, an all-time high earlier in the week as the currency against a basket of major “So long as a V-shaped recovery in risky this year, doubling blue-chip gains .CSI300. industries such as semiconductors,” Lu which rival U.S. brands Intel and AMD in a prices recovered to their pre-pandemic peers, was choppy overnight and last at assets fails to create a V-shaped recovery “We’re seeing more U.S. actions against said. Dongxing Securities predicted that move seen as a gesture of Beijing’s localisa- levels.The sudden bearishness spilled 93.015, up less than 0.1% on the day .“The in economic activity, this tension is a recipe China, and the future tends to be ‘one a retooling would create a 1 trillion yuan tion push. “China must promote domestic into Asian markets overnight and conti- key question for investors is whether the for increased volatility,” it said, adding that world, two systems’,” said Wu Kan, portfo- ($144.46 billion) opportunity over the replacement to avoid being strangled, even nued in the European session, although policy responses are enough to mitigate the U.S. presidential elections in November lio manager at Soochow Securities Co, who shares started to recover as the morning could be a catalyst for such volatility. Spot has invested in local tech leaders including Chi, chairman of Xin Ding Capital said progressed. MSCI’s broadest index of Asia- gold rebounded overnight but fell when China National Software & Service Co Ltd asduring its current an investor technology roadshow lags by for far,” Haigon Zhang Pacific shares outside Japan had its biggest European markets opened. It was down (600536.SS), China Greatwall Technology Information Technology, maker of Hygon daily decline in five weeks while the MSCI 0.2% at 1046 GMT, at $1,926.4615 per Dhyana chips. Some 95% of Chinese serv- world equity index, which tracks shares ounce. Oil prices fell, as major producers Office Software (688111.SS). “Any segment ers use CPUs from Intel. It would be dis- in 49 countries, was down 0.6% at 1042 warned of a risk to demand recovery. OPEC Groupthat faces (000066.SZ) decoupling and risks Beijing represents Kingsoft big GMT. The pan-European STOXX 600 fell and its allies pressed oil nations that are investment opportunities.” Some market 0.8% and London’s FTSE 100 was down pumping above output targets to cut more watchers warn valuations of China tech aster,expects Zhang Chinese said, government “if one day, Trump agencies bans to 1.14%. Several Fed policymakers said they in August to September. Brent crude was stocks are getting frothy at roughly 60 Intelreplace from all sellingcomputers CPUs using to China.” U.S. chips Zhang in may need to ease monetary policy to help down 49 cents, or 1.1%, at $44.88 a barrel, times trailing earnings, noting Chinese the next five years, echoing views of many get the economy through the coronavirus while U.S. oil was down 48 cents, or 1.1%, firms could take years to catch-up to es- analysts. pandemic. “It’s easy to forget that we’ve at $42.45 a barrel. Friday,Monday, August July 27, 21, 2020 2020

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Editor-in-Chief: Amna Malik Editor: Syed Mushahid Naqvi Phone: + 92 51 2814017 Offce # 407/408, 4th Floor, Evacuee Navy Promoting Sports Activities Trust, Agha Khan Road, F-5/1 Islamabad In Pakistan Arsalan Khan akistan Navy besides its primary mission of participated.Golf has spiralled to prominence among al- with a single squash court in Manora and the journey protecting the sea frontiers is also actively ready popular sports in the international arena and with from single court to a world-class squash complex be- More than 100 doctors engaged in various aspects of nation build- each passing year, it is attracting more and more players came possible by deep commitment of the Navy with Fatalities because of coronavirus have reached 610 in Khyber Pakhtunkhwa as ing, which includes imparting quality educa- globally. Having realized the tremendous potential of this game. Pakistan Navy hosts Chief of Naval Staff nine people contaminatedinfected with the infection in died onWednesday.KP The region recorded 679 new affirmed patients infected with the novel coronavirus. It is the tion, conducting disaster relief operations, this game since long, Pakistan Navy has always put in Open Squash Championship every year which includes most elevated number of individuals affected by the pandemic in one day since the patronizing various social welfare activities its earnest efforts to promote the game of golf at national the participation of reputed names in the game from all start of the coronavirus. The province scorecard of positive patients remains at and playing an active role in promotion of sports in the and international levels. First of these efforts commenced over the world. Moreover, Pakistan Navy conducts CNS 15,206, as indicated by the coronavirus report delivered by the health department. country. When it comes to the field of sports, Pakistan with the initiative of conducting Chief of the Naval Staff Open Shooting Championship biennially at PN Shooting A report issued by the Emergency Operation Center, Ministry of National Health navy cognizant of its operational duties also endeavours Open Golf Championship in 1995. Ever since it’s humble Range, Karachi since 2008. Different category matches Services, Regulations and Coordination said that the novel coronavirus had to play an effective role in promoting healthy activities start, this Championship has grown to become the big- of Pistol, Rifle and Shotgun categories are held during already affected 3,328 medical care suppliers in Pakistan and 1,037 of them were Pby encouraging youth of our country to engage their gest golfing event of Pakistan Golf Federation across the this Championship. This championship provides a plat- located in Khyber Pakhtunkhwa. Five of the deaths were in Peshawar where the energies in a positive way. Pakistan Navy has a long country. And conduct of this prestigious championship form to the young shooters of the country to polish their number of fatalities due to corona virus reached 328, the highest number of cases history of sports promotion. Continued patronage of here, not only benefitted the game of golf in Pakistan skills and prepare them for international arena. Hockey, recorded by any province in Pakistan. The capital additionally announced 227 new sports by Pakistan Navy has yielded a number of na- but also helped in highlighting a very positive image of Pakistan’s national game faced major setbacks due to sure cases, which is likewise the most elevated number of individuals tainted with tional and international sportsmen particularly in the our country worldwide. Such events provide the national lack training facilities and less inclination of our youth the infection in one day, taking the general tally of positive patients to 5,516. Two fields of Cricket, Shooting, Sailing, Squash and Hockey. golfers with the opportunities to test and further polish towards this game. However, Pakistan Navy is play- Covid-19 patients passed away in Abbottabad where the number of people who It is a matter of pride that Pakistan Navy has remained their skills with their counterparts. In 2018, Asian tour ing its role to bring back the lost glory of the game. In died touched 28 while Karak and dir Upper saw the demise of one individual each a major contributor of sportsmen to the national teams was also hosted by Pakistan Navy with handsome prize line with this objective, Pakistan Navy has mounted the from getting infected by the virus. Dir Lower had 67 confirmed patients, raising its representing Pakistan. Apart from Golf, Pakistan Navy money.Besides this, for the promotion of squash numer- first mini Astro-turf of the country at Abdul SattarEdhi count to 599 while the nearby Dir Upper recorded 58 cases, making the most of its has also been regularly organizing national level sport- ous championships have been held under the auspices of Hockey Stadium, Karachi. Furthermore, International all-out 339. Both the districts have enlisted 16 and 4 fatalities respectively because ing events which include Chief of the Naval Staff Open Pakistan Navy. The armed forces, in particular, Pakistan nautical competition is also conducted by Pakistan Navy of the coronavirus up till now. Swat, another hard-hit region has recorded 42 Squash Championship, Chief of the Naval Staff Hockey Navy have contributed to provide patronage to Squash to promote water sports in the country since 2015. It is cases. Its scorecard is having 1,409 absolute cases, the second most noteworthy Championship, Chief of the Naval Staff Open Shooting while encouraging officers and men to practice and excel conducted by Pakistan Naval Academy in Karachi and number after Peshawar in the region. The district has likewise enrolled 54 deaths Championship, and National Sailing Championship. in the sports. There is hardly any Pakistan Navy estab- teams from Naval Academies of different countries par- from the ongoing pandemic, the most by any district of the provinceexcept Pakistan Navy is also proud to organize and host the lishment void of international standard squash courts ticipate in the competition. Peshawar. Cases in Charsadda arrived at 418 with 49 new cases and inMardan 656 49th CISM World Military Sailing Championship in 2016 for continued promotion of the game amongst all ranks with 24 new patients, as per the report. It said that 140 individuals got recovered in which military teams from 12 different countries had and files. In Pakistan Navy, the game of squash started from the illness, raising the number of recoveredpatients to 3,771 in the province

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Isolation facilities being shut Today in History down across Punjab August 21-1959-Hawaii becomes 50th state The public authority has begun shutting the isolation facilities across Punjab, including six in Lahore, following an adjustment in the policy under which the suspected corona patients were prior needed to he modern United States receives its posed the formal annexation of Hawaii, and it was later, Hawaii was organized into a formal U.S. ter- crowning star when President Dwight not until 1898, following the use of the naval base ritory. During World War II, Hawaii became firmly isolate at these facilities. Under a new policy, those showing up at D. Eisenhower signs a proclamation at Pearl Harbor during the Spanish-American War, ensconced in the American national identity follow- Lahore and other air terminals from abroad are simply being screened admitting Hawaii into the Union as the that Hawaii’s strategic importance became evident ing the surprise Japanese attack on Pearl Harbor in with thermal scanners instead of testing them on the spot. "It is truly 50th state. The president also issued an and formal annexation was approved. Two years December 1941. risky, as the public authority is overlooking the outcomes of the moves order for an American flag featuring 50 it is making to deal with the ongoing corona pandemic," an official Tstars arranged in staggered rows: five six-star rows source revealed, adding the public authority must quit actulizing the and four five-star rows. The new flag became of- new strategy that, whenever upheld, could prove to be disastrous. ficial July 4, 1960.The first known settlers of the Under the new strategy, the suspected and even confirmed corona Hawaiian Islands were Polynesian voyagers who patients are being permitted to isolate themselves at their arrived sometime in the eighth century. In the early homes.Nonetheless, if the number of such patients shoots, the public 18th century, American traders came to Hawaii to authority may resuscitate these isolation facilities. The isolation exploit the islands’ sandalwood, which was much valued in China at the time. In the 1830s, the sugar facilities that have been shut down in Lahore alone include Kala Shah industry was introduced to Hawaii and by the Kaku, Qaddafi Stadium (Nishtar Park), ThokarNiazBaig, Punjab mid 19th century had become well established. University, Lahore University, RaiwindTableeghiMarkaz. But the Johar American missionaries and planters brought about Town Expo Center having the status of field hospital will keep treating great changes in Hawaiian political, cultural, eco- the affirmed Covid-19 patients. "Yes, we have shut the isolation nomic, and religious life. In 1840, a constitutional centers. Also, it has been done after fully evaluating the quarantine monarchy was established, stripping the Hawaiian policy," Lahore Deputy Commissioner Mr. Danish Afzaal said."As of monarch of much of his authority.In 1893, a group now, we did not have any suspected corona patients in these [now of American expatriates and sugar planters sup- closed] isolation centers," he added, saying that the centers were not ported by a division of U.S. Marines deposed Queen anymore needed since the home isolation policy was currently being Liliuokalani, the last reigning monarch of Hawaii. followed. One year later, the Republic of Hawaii was estab- lished as a U.S. protectorate with Hawaiian-born Sanford B. Dole as president. Many in Congress op-

The One and Only Ivan’ Film Review: Disney+ Movie Puts a ‘Tiger King’ NASA Takes Delivery of GE Jet Engine

NEW YORK After programming like “Hamilton” and “The for X-59 Mandalorian” has put the plus in Disney+, “The One and Only Ivan” arrives on Aug. 21 to bring CALIFORNIA to gather information about how the the Disney.Complete with talking animals, cute Nearly 13 feet long, three feet in di- public will react to the quieter sonic kids and, yes, missing parents, the movie set in ameter, and packing 22,000 pounds booms the aircraft is designed to pro- Dumbo’s old stomping grounds (a circus) feels of afterburner enhanced jet propul- duce – if they hear anything at all.Data familiar and a bit old-fashioned, though it does sion, the F414-GE-100 engine is now collected will be shared with federal and find a different kind of tone as it goes along, evolv- at NASA’s Armstrong Flight Research international regulators to help them ing from cuteness to melancholy in a way that can Center on Edwards Air Force Base in set new rules that may allow supersonic take you by surprise.But would it be a spoiler to California.There it will be checked out flight over land and enable a whole say that melancholy is only a detour on the way and inspected before it is transported new market for commercial faster- to heart-warming? Probably not – even in a fan- to nearby Palmdale for eventual instal- than-sound air travel.“It’s important tasy directed by a British theater director, Thea lation into NASA’s X-59 Quiet Supersonic to note that neither the X-59, nor this Sharrock, and based on K.A. Applegate’s Newbery Technology airplane, which is now particular engine, are prototypes for a Medal-winning novel based on a true story, Disney under construction at Lockheed Martin’s future commercial supersonic airliner,” will be Disney. In this case, that means some gentle Skunk Works factory.Taking delivery of Castner said. “This hardware is just for whimsy, a mostly-artful blend of live-action human the engine from General Electric marks proving the airplane can produce quiet characters and CG animal creations, a touch of another exciting, huge milestone for sonic thumps and measure community jeopardy and an uplifting message that seems us in building the X-59,” said Raymond response.” appropriate in this era of “Tiger King.” Based on Castner, the propulsion lead for the the real story of a gorilla who spent 27 years of X-59 at NASA’s Glenn Research Center his life in an indoor shopping center in Tacoma, in Cleveland.In fact, two engines were Washington, “The One and Only Ivan” is set in delivered. One to serve as the primary the Big Top Mall, a decrepit shopping center by engine and the other to be used as a the highway that includes its very own circus full backup when needed.“This just adds of performing animals. Bryan Cranston is Mack, low animals but not to Mack or the other humans. include an aging elephant (Angelina Jolie), a stray even more anticipation as we look for- the owner and ringmaster, perpetually putting Ivan takes pride in his position as this desultory dog (Danny DeVito), a neurotic seal (Mike White, ward to seeing that big flame come out on the best face (and hairpiece, and girdle) and circus’ headliner, but he’s not quite sure why his who also wrote the screenplay), a fancy poodle the back of the aircraft as it takes off for hoping that somehow he can restore the opera- only role seems to be to growl, roar and thump his (Helen Mirren), a baseball-playing chicken (Chaka the first time,” Castner said.Assembled tion to profitability.His star is Ivan, a 400-pound chest on cue.“If they want an angry gorilla, I can Khan) and the new headliner, a baby elephant and initially tested at GE Aviation’s silverback gorilla who, in the film’s central conceit, do that,” says Ivan, who is voiced by Sam Rockwell. named Ruby (Brooklynn Prince), whose arrival Riverworks facility in Lynn, Mass., the speaks in English to the audience and to all his fel- “Why do they want an angry gorilla?”Ivan’s pals rocks Ivan’s world. engine will power the X-59 on missions TAT Special Kendo Armors (BOGU) Presentation Ceremony Held at the Embassy of Japan in Islamabad

Sohail Majeed Butt part of education in Japan as it teaches people to discipline ISLAMABAD oneself and respect one’s opponents. In this regard, he All Japan Kendo Federation has gifted Kendo armors expressed further expectation on bilateral cooperation (BOGU) to the Islamabad Kendo Association to further in the area of education. He expressed his gratitude to promote Kendo, the famous form of traditional Japanese Mr. Irfan Bhatti, representative of the Islamabad Kendo martial arts, whose origin goes back more than 1000 Association, for his consistent efforts over the years to years to the “Samurai” warriors’ arts of the sword, with promote Japanese martial arts among the Pakistanis and an accent on fighting finesse as well as character building. hoped that the gifts would provide a platform for all those A ceremony was held to celebrate the promotion of Kendo who are keen to learn and practice Kendo in Pakistan. in Pakistan on Thursday 20th August at the official resi- H.E. Mr. , Federal Minister for Education, dence of H.E. MATSUDA Kuninori, the Ambassador of Professional Training, National Heritage and Culture, Japan to Pakistan. The event was attended by H.E. Shafqat expressing his views on the occasion said that Japan Mahmood, Federal Minister for Education, Professional is a wonderful friend and donor to Pakistan and any- Training, National Heritage and Culture and Mr. Irfan Bhatti, thing related to Japan and its culture is very important representative of the Islamabad Kendo Association. In for us. He expressed his good wishes and success for view of the COVID-19 pandemic, a small number of guests Islamabad Kendo Association in its future endeavors. participated in the ceremony, observing the preventive Mr. Irfan Bhatti, representative of the Islamabad Kendo measures such as social distancing and wearing masks. Association, while speaking on the occasion thanked the While speaking on the occasion, H.E. Ambassador All Japan Kendo Federation for gifting Kendo armors MATSUDA said that exchanges in art and culture is a per- to Islamabad Kendo Association which, he said, would fect way of bringing the people of two countries further help them in further promoting this traditional form of closer and that Kendo is now considered an important Japanese martial arts in Pakistan. Friday, August 21, 2020

www.theasiantelegraph.net In Pakistan, bank deposits soar to Rs16.12tr (SMEs) under the package.”Accordingly, the Lending to govt peaks at money ultimately reached banks and reflected in deposits, he added.Besides, the central bank around Rs11 trillion during injected another Rs1 trillion into the system through various schemes to help businesses Dua Lipa hopes 2020 global health crisis retain employees and pay them monthly sala- Bureau Report ries, for health projects to fight better against transforms the world KARACHI Covid-19 and to set up new businesses to Majority of the businesses faced a tough create new employment opportunities dur- battle amid the Covid-19 outbreak but banks ing the crisis.The deposits stood at Rs13.74 thrived as deposits soared significantly to trillion a year ago in July 2019, according to record high of over Rs16 trillion, while lend- SBP.imilarly, the banks’ investment in gov- ing to the government peaked close to Rs11 ernment papers such as T-bills and Pakistan trillion during the health crisis in Pakistan. Investment Bonds (PIB) increased by Rs2 Banks deposits grew by Rs1.3 trillion during trillion to a record high of Rs10.80 trillion in the challenging March-July 2020 period to tance at $23.1 billion in FY20 and $2.76 billion July compared to Rs8.72 trillion in February Rs16.12 trillion. They peaked at Rs16.22 tril- in the first month (July) of the current fiscal when the first Covid-19 infection case was lion in June 2020, the State Bank of Pakistan year 2021, according to the central bank.Next reported in Pakistan.The government utilises (SBP) reported on Wednesday.“The deposits Capital Managing Director Muzammil Aslam the money received through auction of T-bills have increased with receipt of record high said, “The deposits have grown mainly due and PIBs to overcome shortfall in the budgeted workers’ remittances of $23.10 billion in to award of the government’s relief pack- expenditure. The low collection of taxes keeps the previous fiscal year 2020 (ended June age for people and business to cope with the the budget and fiscal deficit on the higher side 30),” Economist Shahid Hasan Siddiqui said. Covid-19 situation as people lost jobs and and the government relies highly on commer- Overseas Pakistanis send remittances to their businesses remained closed in wake of the cial borrowing to bridge the twin deficits.The family members and friends back home in for- lockdown.”“Government announced stimulus government’s need for money remained high DUBAI eign currencies while domestic banks trans- package worth Rs1.2 trillion to relieve people during the pandemic as it announced relief Dua Lipa is optimistic 2020 will be seen as a year fer the remittances to the local recipients in and businesses. People used the money to buy package worth Rs1.2 trillion to cope with the that changed people’s perspective on the world. rupee-denominations. Accordingly, the for- essential items like kitchen goods and grocery, situation.“This situation increased govern- The New Rules star spent the first few months of eign inflows help grow the deposits, he said. while the government paid three-month elec- ment’s borrowing from commercial banks,” the pandemic in lockdown in London with boy- Pakistan received record high workers remit- tricity bills of small and medium enterprises Aslam said. friend Anwar Hadid before jetting off to St Lucia to quarantine so they could head to the U.S. and see his family.However, she’s optimistic that the Emirates to serve all ‘network destinations’ by summer 2021 coronavirus pandemic and Black Lives Matter movement have given people a reason to reflect Bureau Report afterwards, it resumed limited passenger fore the crisis.“Obviously the... frequency on their lives, grow, and inspire change.“The DUBAI flights focused on repatriations and has of flights per day will depend on the de- year started off with learning about patience, Dubai-based airline Emirates expects to since been gradually expanding its net- mand and some of the restrictions that will not living your life so fast, and being more open resume flights to all “network destina- work after Dubai eased travel restrictions need to unwind from some airports and more accepting of the world, and treading more tions” by summer 2021, its chief operating to revive its tourism industry.“I think we some countries.”According to the Emirates lightly with mother nature, the Earth and the officer said Thursday, after the coronavi- can easily say by summer 2021, we’ll be website, the airline currently serves 70 way we live our lives,” she told Britain’s Daily rus pandemic halted most global air travel. serving 100 percent of our network des- destinations.“If I compare our performance Star newspaper.“Now we’re digging a lot deeper Aussie national The Middle East’s largest carrier, which tinations,” Adel Al-Redha told CNBC.Redha now with a month ago, we have almost and learning that we need to educate ourselves has a fleet of 270 wide-bodied aircraft, said the airline will serve 143 destinations doubled the number of passengers we about the injustices that exist in the world. 2020 airline Qantas halted operations in late March.Shortly by summer next year, down from 157 be- have been carrying onboard our aircraft,” will be seen as a year we can reflect on, we have Redha said.Emirates president Tim Clark grown as a community together, and hopefully reports 2.8 bln has previously said that it could take up we can continue to grow for better change.”Dua to four years for operations to return to released her latest album, Future Nostalgia, dur- USD revenue hit “some degree of normality” and the airline ing lockdown, with the record proving a massive Bureaau Report could lay off up to 15 percent of its staff. hit, and she is gearing up to release Club Future SYDNEY The airline has announced several rounds Nostalgia: The Remix Album later this month. Australia’s national airline of layoffs, without disclosing numbers. The remix record features celebrity guests such Qantas reported a 2.8 billion Before the virus hit, Emirates employed as Madonna, Gwen Stefani, and Missy Elliott. U.S. dollar revenue hit for the some 60,000 staff, including 4,300 pilots second half of the 2020 finan- and nearly 22,000 cabin crew, according Harry and Meghan talk online cial year on Thursday due to to its annual report.Tourism has long been the crippling effects of COVID- the economic mainstay of Dubai, which kindness with young leaders 19.In a statement to share- welcomed more than 16 million visitors holders, the company posted last year. Before the pandemic crippled an 89 million U.S. dollar before global travel, the aim was to reach 20 mil- tax profit for the 12 months lion this year. ending June 30, 2020, down 91 percent on the year before. During the first half of the fi- Apple reaches $2 trillion market value as tech fortunes soar nancial year before the pan- demic grounded global travel Bureau Report entertain themselves at home. That, in turn, has become the oil of the 21st century. Many industry to a halt, Qantas recorded a CaliforniaThe iPhone maker reached the $2 trillion made technology even more crucial, a factor that analysts are predicting Amazon, Microsoft and 553.8 million U.S. dollar profit milestone in Wednesday’s early stock market trad- has caused investors to snap up the stocks of the Alphabet could eclipse the milestone in the upcom- before tax.“We were on track ing when its shares surpassed $467.77. It came just industry’s biggest players, as well as relative new- ing months too.But regulators and lawmakers look- for another profit above one two years after Apple became the first US company comers, such as video conferencing service Zoom, ing into allegations that Apple, Amazon, Google and billion Australian dollars (718 with a $1 trillion market value. Apple has become which has seen its shares quadruple so far this year. Facebook have been illegally abusing their power million U.S. dollars) when this the first US company to boast a market value of $2 Apple’s stock has climbed nearly 58 percent this to stifle competition could spook investors if their crisis struck,” Qantas Group trillion as technology continues to reshape a world year. In recent weeks, the rally has been bolstered investigations result in moves that undercut the CEO Alan Joyce said.“The fact where smartphones are like appendages and digital by excitement over a four-for-one stock split that companies’ profits.Not all technology companies that we still delivered a full services are like instruments orchestrating people’s Apple announced late last month in an effort to are doing as well as they were before the pandemic. California year underlying profit shows lives.The iPhone maker reached the $2 trillion mile- make its shares more affordable to a wider swath Google, for instance, suffered the first quarterly rev- The Duke and Duchess of Sussex spoke about the how quickly we adjusted when stone in Wednesday’s early stock market trading of investors.The broader boom in tech stocks also enue decline from the previous year in its history ripple effect of social media as they joined a group revenue collapsed.”The com- when its shares surpassed $467.77.The stock later has helped the benchmark S&P 500 index reach during the April-June period. of young leaders from the Queen’s Commonwealth pany attributed the “mini- backtracked to close at $462.83, but it didn’t dimin- new highs after steep declines earlier in the year. Trust. Speaking from their new home in Santa mised” financial impact to ish a remarkable achievement that came just two Apple, Microsoft, Amazon, Facebook and Google’s Barbara on Monday, Prince Harry, 35, and Meghan, swiftly implemented cost cut- years after Apple became the first US company with parent company, Alphabet account for nearly 23 39, thanked participants for the work they are ting measures, and placing a $1 trillion market value. It comes amid a devastat- percent of the S&P 500’s entire value.Apple isn’t the doing to use digital media as a force for good.The much of the flying business ing pandemic that has shoved the economy into a first company in the world to reach a market value Duchess spoke of the importance of having po- into a form of hibernation, re- deep recession and caused unemployment rates to of $2 trillion. That honour belongs to energy pro- sitive online experiences, particularly given the porting that from April 2020 soar to the worst levels since the Great Depression ducer Saudi Aramco, which attained it in December current pandemic. She said: “Everyone’s mental to the end of June, company nearly a century ago. But Apple and other well- 2019. Saudi Aramco now trails Apple with a market and emotional wellbeing are perhaps more fragile revenue fell 82 percent while established tech giants such as Microsoft, Google, value of about $1.8 trillion. Now that technology than ever before, certainly with COVID and our de- cash costs were reduced by 75 Amazon, Facebook and Netflix have thrived dur- has clearly become the oil of the 21st century, other pendability on devices right now in the absence of percent. ing the upheaval as the pandemic has forced mil- industry leaders could soon be joining Apple in the human interaction. People are going online more lions of people to work, attend classes, shop and $2 trillion club, now that it is clear technology has than ever before to feel community.”Rosie Thomas, Co-Founder of Project Rockit in Australia, stressed that everyone has a responsibility to help create the digital world that we want to be part of, saying: “When you mobilise young people with empathy and connect each other you lift that veil of anony- Mohammad Abbas gears up for third test against England Conte rallies Inter for Europa mity online… If we only blame tech platforms we’re actually removing the ability as humans to Bureau |Report formance to square the series. “I stick to packing. Speaking about his partner- make a difference.”The Duchess agreed that a “key LAHORE my strengths and assess the conditions ship with Shaheen, Abbas said: “I am League showdown with Sevilla piece of the puzzle” is for individuals to not give When the England and Pakistan play- by reading the pitch and the batsman.” enjoying bowling with Shaheen.He is into the noise of social media and to choose not ers walked out for the last day’s play Abbas said on Thursday the eve of the young and is eager to learn. During the Bureau Report number of finals.“What to share negative social media posts further if they in the second test at the Ageas Bowl, third.“Though, I have had a good run in pre-match practice sessions, we discuss GREENSBORO, N.C I’ve realised is that peo- want to make a difference.VoM Southampton, on Monday, batsmen the UAE, I am enjoying the experience about the conditions, our plans and de- Antonio Conte has backed ple only remember when were expected to have edge over bowl- of bowling in England. The weather cide who will bowl from which end. We Inter to “leave their mark you win finals.“I won the Reese Witherspoon’s son inks ers as the sun shone brightly.Over conditions here are conducive for seam understand that we need to take wickets on history” by sinking Champions League but I the course of the 38.1 overs bowled, bowling and the pronounced seam of with the new ball to ensure the opposi- Sevilla in the Europa also lost a further three record deal with Sony Music Pakistan’s pace man Mohammad Abbas the Dukes ball provides assistance to tion does not end up piling runs. When League final.In a warning in the final. The people exhibited why he was considered the fast bowlers.” The Pakistan new ball at- he takes wickets, I also try to do my bit to his players, head coach who leave their mark on key weapon for the tourists’ on this tack, comprising Shaheen Shah Afridi from the other end as it was the case in Conte said the thrill of history are those that tour. The right-arm pacer bowled im- and Abbas, has troubled the England the first Test. their run to the showpiece win those matches and maculate lengths and nipped the ball openers over the course of the three will be soon forgotten if trophies.”Inter crushed off the surface which kept the England innings in the Test series.Shaheen has they fail to come away Shakhtar Donetsk 5-0 in batsmen on their toes as he took two succeeded in removing opener Rory with the trophy.Although Monday’s semi-final, tee- wickets – Zak Crawley and Dom Sibley Burns twice in the first over (1-4 in the the former Juventus boss ing up a shot at a Sevilla – for 28 runs.The 30-year-old has the first innings at Old Trafford and 1-0 at knows his team will be side who battled past best average (15.93) and economy rate the Ageas Bowl), while the hosts’ best facing Europa League Manchester United.“We (2.34) for a bowler with more than 50 opening partnership has stretched specialists, who won should be proud we’ve overs in England since the start of 2018 11.1 overs when Burns and Dom Sibley the competition in three reached a European final in Tests and Azhar Ali will be banking on added 22 runs in the second innings at consecutive years from for the first time in 10 Abbas to deliver a match winning per- Old Trafford before Abbas sent Burns 2014 to 2016, he is con- years,” Conte said.“But fident Inter can triumph history is written by the in Cologne.Speaking in a conquerors, the winners. China to allow first football fans in stadiums news conference ahead History will only record LOS ANGELES of Friday’s game, Conte ultimately the team that Reese Witherspoon and Ryan Phillippe’s musi- since coronavirus said Inter would have no wins this season’s Europa cian son has scored a major record deal with fear of the opposition, League.“It’s a shame but Sony Music.Deacon Phillippe has signed with Bureau Report where the virus was first detected last Wednesday thrashing out details with declaring his team have equally that’s added mo- bosses at the label after his first single, Long SHANGHAI year, and paves the way for a limited Suzhou authorities and will allow grown “braver” over the tivation for us.”Conte, a Run, featuring Nina Nesbitt, debuted last The Chinese Super League will allow number of supporters to attend se- 500 fans from Shanghai SIPG and the first season of his reign.“I three-time Serie A cham- month.According to documents obtained by 1,000 fans into a high-profile match lected future fixtures.The CSL kicked same number from title rivals Beijing was involved in a number pion as coach of Juve and The Blast, the contract was filed with the Los on Saturday, the first time spectators off on July 25 behind closed doors, at Guoan, a source told AFP.Fans must of finals in my playing Premier League winner at Angeles County Courts and has been made pub- can attend a game since the corona- neutral venues in Suzhou and Dalian, provide a certificate proving they career,” said the former Chelsea, said he took the lic due to the 16-year-old’s status as a minor. virus pandemic.It is a major step to- and five months late because of the have passed a coronavirus test within Juventus and Italy star. Inter job only because he The teen’s proud mum gushed over son’s mu- ward normalizing football in China, health crisis.Football officials spent the past week, wear a mask, keep at “I won some of those sensed there was a chance sical talents following the release of Long Run, least one meter (three feet) apart and matches but I also lost a of silverware. taking to Instagram to rave about Deacon’s have a temperature check on entry to “first single with the incredibly talented @ the stadium.“It’s going to be a good ninanesbitt”, adding: “It’s the perfect summer game for the supporters, for sure, bop with a sick beat and dope drops (is that and I’m very happy because they will what the kids say?!).”Deacon previously cleared come again (to the stadium) and they up confusion over whether or not he is singing are our family,” said SIPG coach Vitor on the tune, revealing it is Nina’s vocals on the Pereira on Thursday.Football leagues song.News of the record deal comes after Justin across the world have restarted de- Bieber, Ariana Grande, and Demi Lovato’s man- spite the pandemic, but they have ager, Scooter Braun, showed an interest in the often done so without spectators and budding star, taking to Instagram to congratu- are now juggling how to safely allow late Deacon on his debut.VoM fans to return. Friday, August 21, 2020 The Asian Telegraph www.theasiantelegraph.net

PAF tributes youngest FM in China to hold Nishan-e-Haider recipient meetings with Chinese Pilot Rashid Minhas on leadership martyrdom anniversary SRINAGAR Foreign Minister is in China ISLAMABAD on a two-day official visit. Pakistan’s Ambassador in Pakistan Air Force (PAF) on China Moeen-ul-Haq, and senior officials of Chinese Thursday paid tribute to the foreign ministry received the foreign minister unmatched valour and courage at Hannan airport. During the visit, he will hold of the youngest Nishan-e- meetings with the Chinese leadership. He will attend Haider recipient Pilot Officer the second round of “Pak-China-Strategic Dialogue” in Rashid Minhas on his 49th China and will lead the Pakistani delegation, while the martyrdom anniversary. Chinese delegation will be led by the Chinese Foreign The Directorate of Public Minister. The talks will focus on the promotion of Relations PAF released a short bilateral cooperation in various fields, including the documentary for euologizing China-Pakistan Economic Corridor Phase-II. Foreign the bravery and sacrifice of Pilot Minister Shah Mahmood Qureshi is the first political Rashid Minhas Shaheed, said a figure to visit China since the coronavirus pandemic. PAF press release. Pilot Officer Before departing for China, Foreign Minister Shah Rashid Minhas Shaheed Nishan- Mahmood Qureshi, in his video message, said that I-Haider was born on February he is leaving for China for a very important visit. 17, 1951, the martyr of Pakistani The Foreign Minister said that his delegation will nation and the youngest reflect the thought of Pakistan’s political and military recipient of Nishan-e-Haider, leadership. Rashid Minhas (a brave son of the soil) was commissioned on March 13, 1971, in the 51st GD (P) Course as a general duty pilot in the Pakistan Air Force. “Minhas is the only PAF officer to receive the highest valor award, the Nishan-e-Haider till date.” He was taxying for take- off on a training flight when an instructor pilot forced his way to rear cockpit, clutched control of the aircraft and took Immediate release of Mirwaiz off. Assault by the traitor senior pilot inside the cockpit of demanded in IIOJK trainer fighter plane T-33 made ISLAMABAD Minhas unconscious for a brief In Indian Illegally Occupied Jammu and Kashmir moment of time. When Minhas (IIOJK), the management of the historic Jamia got conscious and realized that Masjid in Srinagar has demanded immediate the fugitive pilot was heading release of the unlawfully detained Hurriyat towards the enemy state India, forum Chairman, Mirwaiz Umar Farooq. he tried to regain control but was All institutions on same page to remove impediments in way of national According to Kashmir Media Service, the demand unable to do so. Comprehending was made when the grand mosque was recently the situation, he deliberately development: President thrown open after 150 days of siege imposed by forced the aircraft to crash 32 the occupation authorities purportedly due to miles short of the border on President stressed that continuation of democracy and democratic traditions are imperative for a bright future of Pakistan. coronaviurs pandemic. The management of the Jamia Masjid and the people, who had gathered August 20, 1971. For this act ISLAMABAD of prodigious courage he was for a bright future of Pakistan. the requirements. He said we to offer prayers on the occasion, interacted with President Dr says in- In his all-encompassing speech, still have to build the capacity several media persons and demanded immediate awarded Nishan-i-Haider, the stitutions, including the par- award which takes precedence Dr Arif Alvi said despite pres- to meet the challenges of Tuber- release of Mirwaiz Umar Farooq so that he could liament, executive, judiciary, sure of imposing complete lock- culosis and Hepatitis. Diplomats resume addressing the people from the pulpit over all civil and military armed forces and media are on awards of Pakistan. VoM down, the government opted for of different countries on Thurs- of the Jamia Masjid. Mirwaiz Umar Farooq, who the same page for socio-eco- smart lockdown policy, which day witnessed the proceedings continues to be under house arrest for more than nomic justice, corruption elimi- helped protect lives and liveli- of the joint session of the Par- a year now, is also the Chairman of the Anjuman nation and to remove all imped- hoods. This visionary and far- liament. President Dr Arif Alvi Auqaf Jamia Masjid. iments in the way of national sighted approach deserves to be addressed the joint session of development. Addressing the appreciated. He said our policy the Parliament at the beginning joint sitting of the parliament to check Coronavirus has also of the parliamentary year as re- on Thursday at the start of new acknowledged by the world quired in the constitution of the parliamentary year, he said the community, including Japan country. The President has ad- youth should pursue their reli- and Philippines. He said under dressed the joint session of the gious, cultural, and social values the Ehsaas Programme cash as- Parliament for the third time. to become responsible citizens sistance of 12,000 rupees were The sitting arrangements in the and to serve the nation. The provided to 1,69,00,000 fami- hall were made keeping in view president stressed that continu- lies. He said our health facilities the standard operating proce- ation of democracy and demo- prepared to cope with the COV- dures (SOPs) issued by the gov- cratic traditions are imperative ID-19 challenge were more than ernment to prevent the spread Govt, military leadership on same page: Sheikh Rashid Russia says U.S. statements Special armours gifted to Islamabad Kendo ISLAMABAD from Marriyum Nawaz that why she was remained on fresh imposition of Iran Minister for Railways Sheikh Rashid Ahmed on Thurs- silent for the last one year, he questioned, adding that sanctions are absurd: RIA body to promote Japanese martial art day said that the present democratic government Marriyum Nawaz would ruin its party as she damaged Bureau Report and military leadership were on the same page with her father Nawaz Sharif repute. He said Prime Minister Bureau Report it taught people to discipline oneself and ISLAMABAD respect one’s opponents. In this regard, respect to issues of national interest and enjoying Imran Khan had made a clear statement about Paki- MOSCOW good working relations. “The elected government of stan’s stance on relations with Israel. Talking about All Japan Kendo Federation Thursday he expressed further expectation on bilat- Russia described state- gifted Kendo armours (BOGU) to the Is- eral cooperation in the area of education. Pakistan Tehreek-e-Insaf (PTI) and military leadership relations with Kingdom of Saudi Arabia, he said that ments by the United States want to move forward together to resolve all the chal- affairs and security of Pakistan and KSA were inter- lamabad Kendo Association to promote He expressed his gratitude to Irfan Bhatti, on reimposing U.N. sanc- Kendo, the famous form of traditional Jap- representative of the Islamabad Kendo As- lenges confronting by the country,” he said addressing linked. Sheikh Rashid said that Pakistan and China tions against Iran as ab- a press conference here. The minister said Prime Min- were enjoying cordial relations and their friendship anese martial arts in Pakistan. The origin sociation, for his consistent efforts over surd, adding that it has no of Kendu sport goes back to above 1000 the years to promote Japanese martial arts ister Imran Khan was working hard for poverty alle- was higher than Himalaya and deeper than oceans. legal or political grounds to viation, job creation to unemployed youth and putting The minister said that he had earlier predicted that All years to the “Samurai” warriors’ arts of the among the Pakistanis and hoped that the do so, the RIA news agency gifts would provide a platform for all those the country to the right direction. Sheikh Rashid said Parties Conference (APC) would not be convened and cited Deputy Foreign Minis- the present government would complete its tenure as well as character building. The ceremo- who are keen to learn and practice Kendo ter Sergei Ryabkov as say- ny to celebrate the promotion of Kendo in in Pakistan. Federal Minister Shafqat Mah- and this year would be an exemplary that would bring two years performance of Pakistan Railways, he said ing on Thursday. U.S. Secre- sword, with an accent on fighting finesse prosperity and progress in the country. He said that all that approval of ML-1 project depicted the serious- mood said that Japan was a wonderful aspiration of the opposition would not fulfill. About the tary of State Mike Pompeo of Ambassador of Japan to Pakistan Mat- friend and donor to Pakistan and anything political leadership of Pakistan Muslim League-Nawaz ness of present government; however, coronavirus warned Russia and China (PML-N) and Pakistan Peoples Party (PPP) were fac- outbreak in the country had affected train operations Pakistansuda Kuninori, was held a Japanese at the official embassy residence press related to Japan and its culture was very not to disregard the reimpo- release said. The event was attended by important for the country. He expressed ing National Accountability Bureau (NAB) trial. The across the country. VoM sition of all United Nations minister said that Imran Khan could take any decision Federal Minister for Education, Profes- his good wishes and success for Islamabad sanctions on Iran, which sional Training, National Heritage and Cul- Kendo Association in its future endeavors. in favour of the country but could not give National President Donald Trump Reconciliation Ordinance (NRO) to the opposition for ture Shafqat Mahmood, and representative Irfan Bhatti, representative of the Islam- has directed him to trigger of the Islamabad Kendo Association Irfan abad Kendo Association, while speaking the satisfaction of their own desires. He said Leader of at the U.N. Security Council Opposition in National Assembly Shehbaz Sharif and Bhatti. Speaking on the occasion, Ambas- on the occasion thanked the All Japan Ken- in New York on Thursday. sador Matsuda said that exchanges in art do Federation for gifting Kendo armors to Leader of Opposition in Provincial Assembly Punjab Ryabkov added that such a Hamza Shahbaz were facing serious charges of corrup- and culture was a perfect way of bringing Islamabad Kendo Association which, he step would result in crisis the people of two countries further closer. said, would help them in further promot- tion. Sheikh Rashid predicted that many of the leaders at the U.N. security council, in both the parties including PML-N and PPP were ap- He said that Kendo was now considered ing this traditional form of Japanese mar- the Interfax news agency an important part of education in Japan as tial arts in Pakistan. VoM cited him as saying VoM peared to be disqualified in near future. Nobody asked Israel deal should remove any hurdle to F-35 sale, UAE official says Dollar rebounds from two-year trough on Fed view Bureau Report acquiring the fighter jet made ity in the region. Washington Bureau Report earlier this week we now favour tak- signal that the dollar selling may be DUBAI by Lockheed Martin Corp, guarantees that Israel receives DUBAI/LONDON ing profit and see a more balanced overdone for now and resumed sell- The United Arab Emirates’ ac- which Israel has used in com- more advanced American The dollar consolidated gains on outlook as we approach September”, ing the euro and the Aussie. The euro cord to normalise ties with bat. An industry insider has weapons than Arab states, giv- Thursday after less dovish than ex- they told their clients. In a similar - the biggest beneficiary of the dol- Israel should remove “any told Reuters the United States ing it what is labelled a “Quali- pected minutes from last month’s move last week, HSBC foreign ex- lar weakness - fell back below $1.19 hurdle” for the United States is eyeing the sale of F-35s to tative Military Edge” over its U.S. Federal Reserve policy meet- change strategists had also said they and stood flat at $1.1836 EUR=EBS. to sell the F-35 stealth fighter the UAE in a side agreement to neighbours. “The UAE expects ing prompted bears to buy into the didn’t believe the dollar’s weakness Short bets against the world’s domi- jet to the Gulf Arab state, a se- the UAE-Israel deal. However, that its requirements will heavily shorted currency, fueling its would persist much further. Specu- nant reserve currency had risen to nior Emirati official said on any F-35 sale could take years be accepted and we feel that biggest one-day surge in more than lation has been rife that the Fed will their largest since 2011 last week Thursday. The United States to negotiate and deliver, while with the signing of this peace two months. The dollar index, which adopt an average inflation target, and long bets on the euro were at has sold the F-35 to allies in- Israel’s prime minister has treaty in the coming weeks or tracks the greenback’s value against and seek to push inflation above 2% a record high. In other currencies, cluding Turkey, South Korea, said his country would oppose months ... that any hurdle to- a basket of currencies =USD, had to make up for years it has run be- the Norwegian crown briefly weak- Japan, and Israel, but sales any sale, citing a need to main- wards this should no longer be climbed 1% above the two-year low low, or look to cap government bond ened against the dollar and the euro to the Gulf require a deeper tain Israeli military superior- there,” Gargash said. at 92.12 hit on Tuesday and cement- yields as part of a broader policy re- after the country’s central bank review due to U.S. policy for ed gains at 93.01 in late morning view. But with the minutes vague on said the currency is now stronger Israel to maintain a military London trading. Dollar bears have these matters, dollar bears took the than it assumed in its June report. advantage in the Middle East. reaped rich returns from shorting It held rates steady as widely ex- “We have legitimate requests the greenback in recent weeks as the pected. Elsewhere, the U.S. Federal that are there. We ought to U.S. struggled to tame the coronavi- Reserve decided to cut the number get them ... the whole idea of rus pandemic and the unprecedent- of seven-day swap operations with a state of belligerency or war ed policy stimulus unleashed by the major central banks to one tender with Israel no longer exists,” Federal Reserve had darkened the per week from three beginning Sept. Minister of State for Foreign outlook for the greenback. But with 1 as funding conditions have im- Affairs Anwar Gargash said in short bets approaching historical proved. Overnight borrowing costs an online interview with the extremes and a resurgence of COV- have dropped below policy rates. Atlantic Council. However, he ID-19 cases in Europe, investors are For Marshall Gittler, head of invest- said the UAE had not made any turning less bearish on the green- ment research at BDSwiss Group, new requests to the Americans back. Deutsche Bank analysts said the move isn’t likely to have that since the deal with Israel. The the recent rise of the euro against much of an impact. “I think it’s more Gulf state, one of Washington’s the dollar was probably running a demonstration of the policy’s suc- closest Middle Eastern allies, out of steam. “With EURUSD having cess than it is a reason for the dol- has long expressed interest in (nearly just) reached our 1.20 target lar’s move today”, he said.

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