Archive of 25 February 2020

US dollar falls as Fed rate cut expectations rise

The dollar rose last week to its highest level in years as the virus spread further around the world, with investors regarding all US...

‘Naya Pakistan is not possible without New Karachi’: Asad Umar   

He said a local government system was needed to bring improvements in the city. He informed that a petition had already been filed in...

Social media restrictions could hamper Pakistan’s digital economy: Alice Wells

The new law requires all social media companies to register within three months and establish their offices in Islamabad. Under the rules, social media...

Wall Street deepens losses with virus spread in focus

US stocks started the session in positive territory, those gains were erased as investors, focused on the potential economic impact of the outbreak, noted...

Gulf states cut Iran links as coronavirus cases rise

The United Arab Emirates suspended passenger and cargo flights to Iran, while Bahrain closed schools and nurseries for two weeks. This came after Gulf...

Iran’s deputy health minister says he has coronavirus

Iraj Harirchi coughed occasionally and wiped sweat from his brow repeatedly during a news conference in Tehran on Monday with government spokesman Ali Rabiei. TEHRAN:...

Punjab cabinet rejects Nawaz request for extension in suspended sentence

The cabinet was briefed that required medical reports of Nawaz Sharif were not provided despite repeated reminders by the medical board and the special...

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