Tue, 21-Oct-2025

Pakistan a vital link between Asia and Europe: FM Qureshi

Pakistan provides vital link between Asia and Europe: FM Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Thursday underscored the significance of Pakistan being a vital link between South Asia, Central and West Asia and Europe. Representing Pakistan at the 13th Asia-Europe Meeting Summit (ASEM13), being hosted virtually by Cambodia from 25-26 November 2021, the foreign minister highlighted several projects undertaken by Pakistan in cooperating … Read more

Goldman Sachs says global oil reserves release ‘a drop in the ocean’

Goldman Sachs

SINGAPORE: A coordinated release from government oil reserves led by the US may add about 70 million to 80 million barrels of crude supply, smaller than the more-than-100 million barrels the market has been pricing in, Reuters quoted analysts at Goldman Sach, as saying. “On our pricing model, such a release would be worth less than $2/bbl, … Read more

IEA urges Opec to take ‘necessary steps’ to lower oil prices

Opec

PARIS: The head of the International Energy Agency on Wednesday called on Opec and its allies to take measures to help bring oil prices down to “reasonable levels”. “I very much hope to see in the next meeting or meetings they… make the necessary steps in order to comfort the global oil markets and help … Read more

Switzerland on edge ahead of Covid pass vote

Switzerland on edge ahead of Covid pass vote

GENEVA,  The Swiss will vote on Sunday on the country’s Covid-19 laws, after a campaign characterized by unprecedented levels of hostility in the wealthy Alpine nation, including even death threats. Like in much of Europe, Switzerland has seen growing anger over restrictions and vaccine pressure aimed at reining in the pandemic. But in a country renowned … Read more

Spanish govt feels heat as economic recovery lags

MADRID: Spain’s leftist Prime Minister Pedro Sanchez started the year with a bullish economic outlook. Months later, he faces protests, strikes and an emboldened opposition as the recovery from the pandemic slump trails other European nations. Gone is the optimism shown earlier this year when Sanchez forecast a strong comeback in 2021 for the Eurozone’s fourth-largest … Read more

Dubai’s economy grows faster than expected

Dubai’s economy

DUBAI: Dubai’s economy is rebounding faster-than-expected, as property sales are rising and restaurants are busy, at a time when Europe is experiencing a surge in the Covid cases and tightening restrictions again, Bloomberg reported “The recovery has been faster than we expected,” said Scott Livermore, chief economist for Oxford Economics Middle East in Dubai. “Expo has played … Read more

Tens of thousands rally against Covid curbs in Europe and Australia

Tens of thousands rally against Covid curbs in Europe and Australia

Tens of thousands took to the streets in cities across Europe and Australia Saturday as anger mounted over fresh Covid restrictions imposed against a resurgent pandemic. And Dutch police faced a second night of rioting — this time in The Hague — after the previous night’s violence in the port city of Rotterdam. Clashes erupted … Read more

Poland says border crisis ‘greatest’ bid to destabilise Europe since Cold War

Poland says border crisis 'greatest' bid to destabilise Europe since Cold War

Poland: Polish Prime Minister Mateusz Morawiecki on Sunday called the migrant crisis on the Belarusian-Polish border, the EU’s eastern frontier, the “greatest attempt to destabilise Europe” since the Cold War. The premier issued his strong remarks as he prepared to meet with EU leaders at a time when Warsaw is facing not only a border … Read more

Pakistan’s remittances grow 26% in 2021: World Bank

Pakistan

ISLAMABAD: Remittances in Pakistan grows 26 per cent in 2021, compared with the overall growth of 8 per cent in South Asia, according to the estimates from the World Bank’s Migration and Development Brief. “Pakistan had another year of record remittances with [the] growth at 26 per cent and levels reaching $33 billion in 2021,” … Read more

Air pollution in Europe still killing more than 300,000 a year, report finds

Premature deaths caused by fine particle air pollution have fallen 10 percent annually across Europe, but the invisible killer still accounts for 307,000 premature deaths a year, the European Environment Agency said Monday. If the latest air quality guidelines from the World Health Organisation were followed by EU members, the latest number of fatalities recorded … Read more

Europe report largest weekly increase in Covid-19 cases: WHO

UK records another 40,004 new coronavirus cases

GENEVA: Europe reported almost two million new Covid-19 infections last week, the largest weekly case count in the region since the start of the pandemic, the World Health Organisation (WHO) said here on Friday. There were also almost 27,000 coronavirus-related deaths in Europe, more than half of all Covid-19 deaths in the world last week, … Read more

Brazil qualify for Qatar 2022 World Cup with Colombia win

Brazil

SAO PAULO: Lucas Paqueta’s instinctive strike gave Brazil a 1-0 World Cup qualifying win over Colombia on Thursday to book their place at Qatar 2022. The five-time world champions join the hosts and Europeans Germany and Denmark as early qualifiers for next year’s finals. They have produced a near-perfect qualifying campaign, winning 11 of 12 matches — … Read more

Europe could see ‘another half million Covid-19 deaths’ by February, WHO warns

COPENHAGEN: The rising number of cases of Covid-19 in Europe is of “grave concern” and the region could see another half a million deaths by early next year, the World Health Organisation warned on Thursday. With 78 million cases in the WHO’s European region — which spans 53 countries and territories and includes several nations in Central Asia — … Read more

US Iran envoy to hold nuclear talks with Europe powers

US Iran

PARIS: US envoy for Iran Robert Malley will on Friday meet diplomats from three European powers over the Iranian nuclear crisis as Vienna-based talks to salvage a 2015 deal remain suspended. The agreement between Iran and world powers to find a long-term solution to the now two-decade-old crisis over its controversial nuclear programme has been … Read more

Iran dismisses nuke allegations by KSA, Europe as “baseless”

TEHRAN: Iran has dismissed as “baseless” the “allegations” made recently by Saudi Arabia and some European states pertaining to Tehran’s nuclear programme, a representative of the Islamic republic to the United Nations was quoted as saying on Friday by state TV. “As we stated earlier, the uncontested reality is that so far Iran has adhered … Read more

Qantas extends partnership with Emirates for further five years

Qantas extends partnership with Emirates for further five years

Qantas and Emirates have announced that their long-term cooperation will be extended for another five years. Customers and frequent travelers of both airlines will now have access to a vast combined network that spans Australia, New Zealand, Europe, and the United Kingdom. At the International Air Transport Association (IATA) annual general meeting in Boston, Emirates … Read more

GCC, Europe to revive free trade deal talks: envoy

GCC Summit Qatar

RIYADH: The European Union has tentatively reopened talks with the Gulf Cooperation Council regarding a free trade deal, Arab News quoted EU Ambassador Patrick Simonet, as saying. Simonet said that the potential agreement between the two parties was discussed during the high-level dialogue on the sidelines of the 76th session of the UN General Assembly on September … Read more

In separatist Transnistria, Sheriff calls the shots

In separatist Transnistria, Sheriff calls the shots

TIRASPOL: This year’s Champions League features an improbable upstart: FC Sheriff, a club run by an eponymous company built on murky money in a pro-Russian separatist enclave of Europe’s poorest country, Moldova. The would-be state, which harkens back to its Soviet past with a towering Lenin statue in the center of its administrative hub, Tiraspol, … Read more

UK urges public calm over shut fuel stations

LONDON: The UK government on Friday urged the public against panic-buying as some petrol stations closed pumps due to a lack of lorry drivers to deliver fuel. Tabloid newspaper The Sun headlined its front page “We’re running on empty”, with the coronavirus pandemic and Brexit triggering an ongoing crisis in the haulage industry. But Transport … Read more

Breeze Airways prepares to launch the Airbus A220

Breeze Airways is preparing to launch the Airbus A220

Breeze Airways has unveiled its new A220-300 livery while also stating that it has secured an agreement with Airbus to purchase 20 more of the planes. This previously unknown order for 20 A220-300s raises the entire order book to 80 A220-300s, the first of which will be delivered in the fourth quarter of this year. … Read more

ECB sets ‘moderately lower pace’ for bond buying amid rising eurozone inflation

FRANKFURT: The European Central Bank (ECB) decided on Thursday to leave its key interest rates unchanged and set a “moderately lower pace” for pandemic-related bond buying. “Based on a joint assessment of financing conditions and the inflation outlook, the Governing Council judges that favourable financing conditions can be maintained with a moderately lower pace of … Read more

Industry Leaders: International Travel is the Key to Recovery

Industry Leaders: International Travel is the Key to Recovery

According to the leaders of international trade associations from the United States, United Kingdom, Canada, Europe, and the Caribbean appearing on a virtual panel arranged by the American Society of Travel Advisors, the return of international travel is critical to the industry’s recovery (ASTA). The panelists all agreed that the uncertainty around laws and regulations, … Read more

European travel restrictions forces airlines to make adjustments

European Travel Restrictions forces Airlines to make adjustments

Airlines in both the United States and Europe are making changes and canceling flights in response to European Union proposals regarding new, more severe travel regulations for Americans. Last week, the EU said that it will recommend that the United States be removed from its 27-country “safe list” for accepting foreign tourists. The announcement was … Read more

Royal Caribbean introduces a new agent incentive

Royal Caribbean introduces a new agent incentives

Royal Caribbean International is honoring its travel partners throughout Europe, the Middle East, and Africa, as well as their dedication to the cruise line, with a new offer to commemorate a global return to sailing. The Instant Booking Bonus will automatically award travel partners up to US$200 for any new, fully deposited bookings booked for … Read more

Gazprom profits leap in second quarter

MOSCOW: Russian energy giant Gazprom has said its second quarter earnings had more than tripled on a year-on-year basis, driven by high natural gas prices, Arab News reported. The state-controlled group reported a net profit of 521.2 billion rubles ($7 billion) in the second quarter, a threefold increase, compared with the same period in 2020. … Read more

Bitcoin family that is now storing BTC in secret vaults in 4 regions

Bitcoin

The family of Didi Taihuttu sold all of their assets and invested in bitcoin when it was approximately $900, it was a good investment.

The majority of their crypto money is being held in underground vaults in four regions.

“I have hidden the hardware wallets across several countries so that I never have to fly very far if I need to access my cold wallet, in order to jump out of the market,” clarified Taihuttu, so-called Bitcoin Family.

The family has two different places in Europe where they hide their crypto money, 2 in Asia, 1 in South America, and 6th in Australia.

The crypto money is not buried none of the locations are underground or on a small island. But they are concealed in various ways and in multiple locations, such as self-storage sites from rented apartments and friends’ houses.

“I prefer to live in a decentralized world where I have the responsibility to protect my capital,” Taihuttu said.

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Samsung unveils new foldable smartphones with lower prices 

Samsung accidentally talks about the Galaxy A82 5G

Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday with lower prices than last year’s offerings in a push to expand foldable demand beyond niche devices. The tech giant priced its 5G-enabled Galaxy Z Fold3 with 7.6-inch main screen to start at $1,799.99 in the United States, and clamshell Galaxy Z Flip3 at $999.99 … Read more