US life expectancy dropped by 1.8 years in 2020, final official figures showed on December 22, the steepest drop in more than 75 years driven in large part by the Covid-19 pandemic. Life expectancy at birth was 77.0 years for the total US population last year, down from 78.8 years in 2019, according to the … Read more
As the world is wrestling with a host of daunting global challenges, China and Germany, two major countries in the world and champions for multilateralism, not only need to boost their practical cooperation, but also have on their shoulders great responsibilities to sustain world peace and development. In a phone conversation on December 21, Chinese … Read more
In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already elevated going into the crisis, but now governments must navigate a world of record-high public and private debt … Read more
UNITED NATIONS: The UN Security Council on Wednesday unanimously adopted a US-proposed resolution to help humanitarian aid reach desperate Afghans, while seeking to keep funds out of Taliban hands. The resolution, a first step by the UN after months of wrangling over how to avert a humanitarian catastrophe amid economic meltdown in Afghanistan, was welcomed by … Read more
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Monday praised the banks for disbursing Rs1.4 trillion as agriculture credit during FY21, a statement said. Dr Baqir made these remarks while chairing the annual meeting of Agricultural Credit Advisory Committee (ACAC) held in Multan on Monday. The SBP governor lauded banks’ performance in … Read more
SAN FRANCISCO, (AFP) – San Francisco’s mayor on Friday declared a state of emergency in a downtown district reeling from a severe spike in fatal drug overdoses driven mainly by fentanyl. The Tenderloin neighborhood, just south of tourist and shopping hotspot Union Square, has emerged as the city’s epicenter of an opioid crisis that has … Read more
WASHINGTON: The US industrial production climbed in November to its highest level since the Covid-19 pandemic began, the Federal Reserve said on Thursday. The 0.5 per cent overall gain in the month was less than expected but brought the index to its highest level since September 2019, and 5.3 per cent above its level in … Read more
KIEV, Dec. 14 (Xinhua) — Ukraine will get a loan of about 150 million U.S. dollars from the International Bank for Reconstruction and Development (IBRD) to combat COVID-19, the country’s finance ministry said on Monday. The funds will partly be used to strengthen the public health system and support the urgent response to the COVID-19 … Read more
RIYADH: Stagnation is more of a risk to the global economy in 2022 than stagflation, Arab News quoted a report from Japanese company Nomura Holdings, as showing. In a 2022 outlook report released on Friday, December 10, economists at the firm warned that many countries will see a “dominance of cost-push inflation, the bad type of inflation … Read more
LONDON: Oil prices rose on Friday and headed for their biggest weekly advance since late August, as the investors became less concerned over the potential effect of the Omicron Covid-19 variant on economic growth and demand for fuel. Brent crude rose one per cent to $75.16 a barrel at about 3:15pm Riyadh time, while WTI, … Read more
JAKARTA: Garuda Indonesia has entered a court-supervised restructuring process as the debt-ridden airline tries to rescue itself from bankruptcy. The new attempt to save the Indonesian flag-carrier began after a Jakarta court granted a debt petition filed against the airline by one of its creditors Thursday. The ruling gave Garuda and its creditors 45 days to … Read more
ISLAMABAD: President Dr Arif Alvi has said that the digitalisation of the economy is essential to empower women and bring other deprived segments into the mainstream. Addressing the plenary session of the 24th Sustainable Development Conference, the president said the disbursement of the cash assistance to women under the Ehsaas programme directly to their bank … Read more
KARACHI: Facebook has launched its flagship skill development programme ‘Rise’ in Pakistan to help advertising agencies and marketing professionals develop new and contemporary skills for professional success and fulfillment, a statement said. Initially launched in Brazil in 2020, Rise has now grown to 18 countries across four continents to supplement global efforts for the economic … Read more
ISLAMABAD: The Karot hydropower project will start its commercial operations by the first half of 2022, as around 95 per cent work of the project had been completed, according to official sources in the China-Pakistan Economic Corridor (CPEC) Authority. Recently, the Karot hydropower project, which is a major project under the China-Pakistan Economic Corridor, successfully … Read more
KARACHI: The rupee rebounded on Tuesday and gained 48 paisas against the dollar in the interbank foreign exchange market, dealers said. The exchange rate ended at Rs175.72, compared with Rs176.20 against the dollar on the previous day in the interbank foreign exchange market. The local currency strengthened after the State Bank of Pakistan (SBP) and … Read more
RIYADH: No Saudi banks were lost during the financial crisis of 2008/9 and the financial sector is again in a strong position as it faces the economic fallout from the Covid-19 pandemic, according to Saudi Central Bank Governor Fahad Almubarak. The central bank, also known as SAMA, has been and continues to be strict in … Read more
RIYADH: Saudi Arabia, which reported last month a surplus in its first quarterly budget surplus since the first quarter of 2019, is applying restraints on spending even, as oil prices are trading near multiyear high, Arab News reported. The Saudi Ministry of Finance has started to apply the spending cap regardless of the oil price and revenues, … Read more
WASHINGTON: US President Joe Biden has nominated Jerome Powell for the second term as the Federal Reserve chair, the White House said on Monday, allowing him to continue his role, overseeing the economy’s recovery from the Covid-19 pandemic. If confirmed by the Senate, Powell will preside over the central bank’s response to the damage done by … Read more
WASHINGTON: Prisons in the United States have been facing more severe staff shortages as officers quit in droves amid the Covid-19 pandemic, the Associate Press (AP) has recently reported. “By failing to protect prisoners from Covid, the criminal justice system not only created an unfair risk of severe illness and death for the incarcerated, but … Read more
According to recent research, women with stressed-out lifestyles at home and at work are considerably more likely than males to get heart disease. Heart disease is more common among women who lead stressful lives Research of nearly 80,000 postmenopausal women done between 1991 and 2015 found that women with stressful lifestyles at home and at … Read more
ISLAMABAD: A group of students in the Pakistani capital Islamabad on Tuesday presented flowers and handmade colorful cards with best wishes to their class teacher to offer heartfelt respect and tributes for ensuring their studies amid the Covid-19 pandemic. “Miss! You are very great and we all love you very much because you cared for … Read more
The doors will open for the world in just 10 days to go for the Expo 2020 Dubai. Expo 2020 has launched its official song titled ‘This Is Our Time’. The official song highlights “pride in the UAE’s culture, celebrates the future and brings together nations from around the world while conveying the story of … Read more
At the age of 107 years and 300 days, a pair of Japanese sisters born in 1913 were awarded the Guinness World Record for the oldest living identical twins. Umeno Sumiyama and Koume Kodama, who was born on Shodo Island in Kagawa Prefecture on Nov. 5, 1913, were given the Guinness World Record on Sept. … Read more
Nobody blames you if you can’t keep track of which series have been renewed or canceled with so many networks and streaming services. There’s a lot going on in the world of television. The COVID-19 pandemic in 2020 only to the confusion, with previously renewed shows being canceled due to scheduling problems created by production … Read more
With so many networks and streaming providers, no one can blame you if you can’t keep track of which programs have been renewed or canceled. In the realm of television, there is a lot going on. The COVID-19 pandemic in 2020 further adds to the confusion, as previously renewed shows are canceled owing to scheduling … Read more
Nobody blames you if you can’t keep track of which series have been renewed or canceled with so many networks and streaming services. There’s a lot going on in the world of television. The COVID-19 pandemic in 2020 only to the confusion, with previously renewed shows being canceled due to scheduling problems created by production … Read more
Nobody blames you if you can’t keep track of which series have been renewed or canceled with so many networks and streaming services. There’s a lot going on in the world of television. The COVID-19 pandemic in 2020 only to the confusion, with previously renewed shows being canceled due to scheduling problems created by production … Read more
With so many broadcast networks and streaming providers, it’s understandable if you lose track of which shows have been renewed or canceled. The television industry is very active right now. Due to production delays, previously renewed shows have been canceled or series scheduled to return in 2020 have been postponed until who knows when as … Read more
