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To curtail “Dollarisation” and inflationary pressure SBP hikes interest rate

ISLAMABAD: The State Bank of Pakistan on Tuesday has announced its monetary policy, raising the interest rate by 100 basis pointst-- to 13.5 percent. The move follows the agreement with the International Monetary Fund over a $6 billion loan package that comes with tough conditions aimed at cutting Pakistan's substantial fiscal and current account deficits and bolstering its shrinking currency...

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Tornado kills at least 23 in US state of Alabama: officials

WASHINGTON: A tornado tore through the southern US state of Alabama on Sunday, killing 23 people, uprooting trees and causing "catastrophic" damage to buildings and roads, a local sheriff said. "Unfortunately our toll, as far as fatalities, does stand at 23 at the current time" Lee County Sheriff Jay Jones told the local CBS affiliate, acknowledging that children were among...

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Saudi Arabia strips Osama bin Laden’s son of citizenship

BEIRUT: Saudi Arabia has stripped citizenship from Hamza bin Laden, the son of late Al-Qaeda leader Osama bin Laden, the interior ministry said in a statement published by the official gazette. The US State Department said on Thursday it was offering a reward of up to $1 million for information leading “to the identification or location in any country” of...

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Have talked to both Pakistan and India, tensions will deescalate: Pompeo

US Secretary of State Mike Pompeo on Thursday said he was hopeful to "take down the tensions" between Pakistan and India after having "good conversations" with leaders from the two neighbouring countries. "I spent a good deal of time on the phone last night talking to leaders in both countries, making sure there was good information exchanged, encouraging each country to...

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“Attractive News”, Trump hopeful of Indo-Pak tensions deescalating

HANOI: US President Donald Trump on Thursday said "reasonably attractive news" has been received from Pakistan and India and hoped that escalation between the two countries "will be coming to an end". Addressing a news conference in Hanoi after a meeting with North Korea's Kim Jong Un, the US president opened his remarks by discussing the situation with India and...

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US urges Pakistan, India to avoid further military action

WASHINGTON: The United States has urged Pakistan and India to avoid further military action as tensions between the two nuclear-armed neighbours escalate. In a statement issued by the Pentagon, Acting US Defense Secretary Patrick Shanahan said that he had spoken with senior US military officials about the situation. "Acting Secretary Shanahan’s focus is on de-escalating tensions and urging both of...

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Indian Air force Wing commander commits suicide

An Indian Air Force officer committed suicide on Tuesday after shooting himself with a double barrel gun in his quarters at the Air Force Colony in Prayagraj. According to ANI, the deceased identified as Wing Commander Arvind Sinha was posted as a Defence Ministry PRO in Prayagraj. No suicide note was recovered by the police. Indian media reports suggest the...

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Indian Foreign Sec leaves presser without answering questions on LoC violation

India’s Foreign Secretary Vijay Gokhale on Tuesday failed to answer reporters’ questions after reading out a prepared statement to media confirming that Indian aircraft intruded into Pakistani airspace earlier today. In his statement, the foreign secretary claimed that the air raid was launched on a militant camp across the Line of Control. Pakistan, however, has rejected India’s claims, with military spokesman...

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Iran foreign minister Zarif announces resignation on Instagram

TEHRAN: Iranian Foreign Minister Mohammad Javad Zarif, who was the lead negotiator in the 2015 nuclear deal, announced his resignation on Instagram on Monday. "I apologise for my inability to continue serving and for all the shortcomings during my term in office," Zarif said in a message posted on his verified Instagram account. Zarif thanked Iranians and "respected officials" for...

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Would-be Bangladesh hijacker was carrying fake gun: official

A would-be hijacker shot and killed by Bangladesh commandos was carrying a fake gun and told negotiators he wanted to commandeer a Dubai-bound flight because he had troubles with his wife, officials said Monday. The 25-year-old was shot and later died of his wounds after taking a crew member hostage on the Biman Airlines jet, forcing it to make an...

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Complete shutdown observed in IoK after India arrests over 200 Kashmiris

Srinagar: Complete shutdown observed in Indian occupied Kashmir (IoK) today, against India’s arbitrary measures like mass arrest, killings and attempts to repeal Article 35-A that grants special rights to the permanent residents of Jammu and Kashmir. Call for the strike has been given by Joint Resistance Leadership (JRL) comprising Syed Ali Gilani, Mirwaiz Umar Farooq and Muhammad Yasin Malik. All...

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Trump terms Indo-Pak row ‘very dangerous situation’

WASHINGTON: US President Donald Trump voiced alarm Friday at the "very dangerous situation" between India and Pakistan, warning that New Delhi was considering "very strong" action after an attack in occupied Kashmir. "It's very dangerous situation between the two countries. We would like to see it stop," Trump said, adding that the United States was seeking talks with Pakistan. "Right...

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JKLF leader Yasin Malik arrested by India

SRINAGAR: Indian authorities on Saturday arrested Jammu and Kashmir Liberation Front (JKLF) Chairman Yasin Malik from Srinagar. According to Kashmir Media Service, the Indian occupying forces took Malik into custody after raiding his Maisuma residence in Srinagar and lodged him at Kothibagh police station. The occupying forces also arrested dozens of leaders and activists of Jamaat-e-Islami (JI) from their residences. Those...

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UNSC calls Pulwama attack heinous and cowardly, demands justice and accountability

NEW YORK: The United Nations Security Council (UNSC) has condemned the February 14 attack in Pulwama and rebuffed India’s efforts to implicate Pakistan. Despite India’s accusations against Pakistan, the UN statement did not mention Pakistan, dealing a blow to India’s efforts to isolate Pakistan. "The members of the Security Council condemned in the strongest terms the heinous and cowardly suicide...

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Saudi crown prince arrives in China

BEIJING: Saudi Crown Prince Mohammed bin Salman arrived in Beijing Thursday as the monarch aims to seal partnerships on a high-profile Asia tour following a diplomatic crisis over a journalist's brutal murder. Mohammed is expected to meet Chinese President Xi Jinping on his two-day trip to the Chinese capital following visits to Pakistan and India. The tour has allowed him...

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UN urges India, Pakistan to take immediate steps to defuse tensions

UNITED NATIONS: UN Secretary General Antonio Guterres on Tuesday called on India and Pakistan to take immediate steps to defuse tensions and offered to help broker a solution if both sides agree. The two countries have been locked in a diplomatic clash following a suicide attack on February 14 in occupied Kashmir that killed 40 Indian security personnel. In this regard,...

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US states sue Trump administration in showdown over border wall funds

A coalition of 16 US states led by California sued President Donald Trump and top members of his administration on Monday to block his decision to declare a national emergency to obtain funds for building a wall along the US-Mexico border. The lawsuit filed in US District Court for the Northern District of California came after Trump invoked emergency powers...

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