Monetary policy: SBP cuts interest rate by 75bps to 12.5%

KARACHI: Akin to the move adopted by world economies to slash interest rates to shore up the economy, the State Bank of Pakistan (SBP) cut the interest rate by 75 basis points to 12.5% for the next two months. The announcement was largely in line with market expectations as analyst had expected a rate cut due to low inflation outlook in...

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PM Imran urges masses to not worry amid coronavirus epidemic

ISLAMABAD: Prime Minister Imran Khan on Tuesday urged the nation not to panic, telling them to act responsibly as the novel coronavirus continues to spread across the country. Telling the nation not to panic, the prime minister said that the virus was dangerous for old people since it attacked their already-weakened immune system. PM Imran urged people not to panic,...

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Pakistani sepoy martyred in latest LoC ceasefire violation by India: ISPR

RAWALPINDI: A young Pakistani sepoy embraced martyrdom as Army responded to India's unprovoked firing at the Line of Control (LoC), the military's media wing said Tuesday. According to the Inter-Services Public Relations (ISPR), the Pakistan army "responded effectively" after "Indian Army troops resorted to unprovoked fire in Shahkot Sector along LOC with heavy weapons". "Pakistan Army responded effectively targeting those...

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Armed forces’ medical facilities geared up to deal with the coronavirus pandemic: ISPR

RAWALPINDI: The Inter-Services Public Relations (ISPR) has announced that all medical facilities of the armed forces have been operationalised and geared up to meet any eventuality to deal with the coronavirus pandemic. The military’s media wing said that coronavirus testing labs have been established at major military hospitals across the country and a central testing lab has been set up...

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Newsone Headlines 3PM | 17-Mar-2020

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Karachi restaurants shutting down dine-in amid coronavirus fright

Social distancing is the name of the game. Experts agree that in order for us to contain the pandemic that is coronavirus, we need to maintain social distance, wash our hands frequently and avoid touching our face (eyes, nose and mouth). In an effort to encourage that, restaurants in Karachi are ceasing dine-in services. The first to make the announcement was...

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Medical emergency declared to mitigate coronavirus spread, not a holiday, says Punjab govt

LAHORE: Punjab Health Minister Yasmin Rashid on Tuesday confirmed that the number of coronavirus cases in the province had risen to 6 — pushing the country's toll to 193 — while also warning citizens not to treat this period as a "holiday". "Our job right now is to mitigate [the spread]. This is why a medical emergency was declared in...

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First death from coronavirus confirmed in Pakistan, 27 new cases mount nationwide tally to 212

LAHORE: The Ministry of National Health Services (NHS) confirmed on Tuesday the first death in Pakistan from coronavirus,  provincial authorities confirmed 27 new cases of the novel coronavirus in Sindh and Punjab, pushing the country’s tally of confirmed COVID-19 cases to 212. Advisor to Sindh Chief Minister Syed Murad Ali Shah on Information Murtaza Wahab announced the new cases through...

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PSL 2020 called off after foreign player shows symptoms of coronavirus

LAHORE: Pakistan Cricket Board Chief Executive Officer Wasim Khan on Tuesday said that the Pakistan Super League (PSL) 2020 has been postponed indefinitely after a foreign player who had left last week displayed symptoms of the coronavirus. He made these remarks at a press conference with other PCB officials in Lahore. At least 14 foreign players had decided to return...

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The global coronavirus recession has already begun

LONDON: As restaurants, shops, airlines and factories shut down around the world, from New York to Paris and Madrid, economists are warning that a global recession is no longer a looming threat. It's here. Dire economic data released by China on Monday showed that the country was pummeled by the coronavirus outbreak in January and February. The world's second biggest economy looks unlikely to recover any time soon. Now, with...

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Social media influencer filmed herself licking a plane toilet seat for ‘coronavirus challenge’

An influencer filmed herself in a plane toilet licking the seat as part of a "coronavirus challenge." Ava Louise has appeared on the "Dr. Phil" show and has 19,000 TikTok followers and 150,000 Instagram followers. She posted the video to her Twitter on March 14. "Please RT this so people can know how to properly be sanitary on the airplane," she said with "love"...

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Coronavirus vaccine test begins as 46-year-old mother of two gets 1st shot

US researchers gave the first shots in a first test of an experimental coronavirus vaccine Monday, leading off a worldwide hunt for protection even as the pandemic surges. With careful jabs in the arms of four healthy volunteers, scientists at the Kaiser Permanente Washington Research Institute in Seattle began an anxiously awaited first-stage study of a potential Covid-19 vaccine developed...

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