LAHORE, MAY 23 (DNA) – State Bank of Pakistan governor Tariq Bajwa has confirmed that China has been assisting Pakistan to stave off the foreign currency crisis. In an interview Tariq Bajwa said $1 billion financing had been obtained from Chinese banks in April to help avoid a foreign currency crisis and were at “good, competitive rates.” The country’s foreign exchange reserves have been sliding since reaching a high in October 2016 and stood at $10.8 billion on May 11th. Chinese-backed loans are expected to bolster the falling finances of PakistanRead More
Prof. Zamir Ahmed Awan The Shanghai Cooperation Organization (SCO), created in Shanghai, China, on 15 June 2001, is a political, economic, and security organization of Eurasian in nature. Originally it includes 6 countries only, named as: China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. Later on Pakistan and India also joined on 9 June 2017 at a summit in Astana, Kazakhstan. Currently it has 8 members and 4 observer states like: Afghanistan, Belarus, Iran and Mongolia. There are also 6 dialogue partners too, which includes: Armenia, Azerbaijan, Cambodia, Nepal, Sri LankaRead More
KARACHI, MAY 23 (DNA) – Funeral prayer of Pakistani girl Sabika Sheikh, who was killed in Texas’s Santa Fe High School shooting, has been offered at the Hakim Saeed Ground in Karachi today (Wednesday). Dozens of political leaders including Chief Minister of Sindh (CM) Murad Ali Shah, governor Mohammad Zubair, Home Minister Sohail Anwar Sial, Pakistan Tehreek-e-Insaf (PTI) leader Haleem Adil, Pak Sarzameen Party (PSP) Chief Mustafa Kamal, Amir Khan and others attended the funeral. However, she will be laid to rest at the Azeempura graveyard. It is to be mentionedRead More
BEIJING, May 22 (DNA): Chinese President Xi Jinping on Tuesday met with heads of foreign delegations attending the 13th meeting of Security Council Secretaries of the Shanghai Cooperation Organization (SCO) in Beijing. During the meeting, Xi suggested that the SCO member countries continue to uphold the common, comprehensive, cooperative and sustainable security concept, and promote a security governance model that addresses both symptoms and root causes, so as to push forward the SCO security cooperation to a new level. The president voiced the hope that the mechanism of the SCO Security CouncilRead More
ISLAMABAD (DNA). US CENTCOM chief General Joseph called General Qamar Javed Bajwa and expressed his grief over said demise of Pakistani student Sbikah Sheikh.. He also convyed his grievances with the bereaved family.
After the death of sabika on Friday, a comparison came into view between two Pakistani girls’ Sabika and Malala. Malala was gunshot by a militant group (TTP) in Swat valley when she was on her way to school near border area with Afghanistan. Fortunately, she stayed alive Contrarily, Sabika was shot by her American school fellow in Texas when she was in school; but poignantly, she could not survive. A question here emanates that whether Sanbika will be remembered like Malala by international community. Poignantly, the answer is no. EveryoneRead More