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Pakistan to get advanced technology under CPEC: Cheng Xizhong


BEIJING – Special Economics Zone (SEZ) will enable Pakistan to get foreign capital and advanced technology, said Professor Cheng Xizhong of Southwest University of Political Science and Law, Pakistan Today reported Thursday. It will also expedite Pakistan towards industrialization and modernization. It is expected that a formal ground-breaking ceremony of …

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EU Nations Live Well Beyond the Means of the Earth: Report


BRUSSELS – All 28 European Union (EU) countries are consuming Earth’s resources much faster than they can be replenished, and none of them has a sustainable consumption policy, a report by World Wide Fund (WWF) and Global Footprint Network (GFN) said on Thursday, as European leaders meet to discuss priorities …

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Pakistan Appoints IMF Official as the New Central Bank Governor

Central Bank

ISLAMABAD – Pakistani Prime Minister Imran Khan’s newly chosen governor of the central bank on Sunday joined the country’s economic team to negotiate a fresh loan from the International Monetary Fund (IMF), which is considered central to reviving the country’s badly ailing economy, Asian Review reported Monday. Reza Baqir, the …

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Iran Envoy Vows Suitable Reaction to US Wrongful Acts Vs Iran


NEW YORK – Iran’s permanent envoy to the United Nations said on Saturday that Iran reserves the right to counter US wrongful acts against Iran including US measures to inflict heavy damages on Iranian economy, IRNA reported Saturday. Commenting on US recent acts such as ending waivers on Iran oil …

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Boeing 737 Slides Off Runway Into Florida River, 21 Hurt


FLORIDA – A Boeing airliner with 143 people aboard the US outpost at Guantanamo Bay, Cuba, slid off a track to a shallow river in Jacksonville, Florida on Friday as he attempted to land on a military base during a storm, injuring 21 people, Gulf Today reported Saturday. No deaths …

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Two Main Parties Punished in British Local Elections


LONDON – Initial results indicate that voters punished Theresa May’s conservatives in the presidential election ballot but the party was also disappointing for opposition Labor, POLITICO reported Friday. With nearly half of the votes cast and widespread frustration over the treatment of Brexit by Westminster’s two main parties, the Conservatives …

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Pakistan believes CPEC can counter US unilateral sanctions


ISLAMABAD – Pakistan’s Minister of Human Rights said Friday that the China-Pakistan Economic Corridor (CPEC) could counter unilateral sanctions imposed by the United States, APP reported Friday. Dr. Shireen Mazari said this at a seminar on the Gold Ring economic bloc of Russia, China, Pakistan and Iran, jointly organized by …

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