Plan to raise $2b via Eurobonds
The government is planning to raise $2 billion through floating Eurobonds in the next fiscal year, as its foreign loan disbursement projections remain fluid in the absence of an International Monetary Fund (IMF) deal. The estimate of $6.2 billion does not include any inflows on account of Eurobonds, commercial loans, and the IMF loan. Sources in the Ministry of Finance said that the government was again considering raising $2 billion through Eurobonds during fiscal year 2023-24. For the next fiscal year, the finance ministry is working on two scenarios,with IMF and without IMF projections of foreign inflows. Likewise, the country had received $579 million from the Asian Infrastructure Investment Bank (AIIB) in the current fiscal year.
Source:The Express Tribune
June 08, 2023 08:21 UTC
St. Clair County Sheriff’s office hosting charity softball tourney in Moody
By Chase Holmes, News ReporterMOODY – The St. Clair County Sheriff’s office is hosting the first annual law enforcement charity softball tournament at Moody City Park on Saturday, June 17. The event is being held to raise money for the local child advocacy center, The Children’s Place. The event will feature softball teams comprised of local law enforcement teams from all over St. Clair County coming together for a fun afternoon to support children in the local communities of St. Clair. Juana Corbin, Public Information Officer for St. Clair county, is excited to see the community come together. “This is a community event.
Source:The Express Tribune
June 08, 2023 07:35 UTC
Govt may amend law to bring in dollars
Sources told The Express Tribune that the government is considering bringing an amendment to Section 111 (4) of the Income Tax Ordinance that deals with unexplained income. A few years ago, the then government had reduced the limit from Rs10 million to Rs5 million to reduce the chances of converting black money into white money. The sources said there is a proposal to replace “Rs5 million” with “$100,000” in the relevant section. At the current rupee-dollar parity, Rs5 million are equal to $17,500 while $100,000 are equal to Rs29 million. Any such move to relax the Rs5 million foreign remittances without disclosing the source of income will be treated as an amnesty.
Source:The Express Tribune
June 08, 2023 07:20 UTC
Japan takes 1st step to release nuclear waste into ocean
Despite mounting pressure, Japan has begun injecting seawater into a drainage tunnel of the crippled Fukushima Daiichi Nuclear Power Plant as a first step to release treated radioactive wastewater into the ocean. Japan plans to release treated radioactive wastewater into the ocean, triggering opposition and concerns from local fishing communities and neighboring countries. "The harm caused by the discharge of nuclear water into the sea is immeasurable," China's diplomatic mission in Japan said in a statement. "Once filled with seawater, the tunnel will guide treated water from the plant to a point about 1 kilometer offshore." The water release system is nearing completion, with the exception of a reservoir that will store treated water prior to its release.
Source:The Express Tribune
June 08, 2023 00:15 UTC
Shahid Kapoor says men are a 'mess' for women to 'fix'
In a recent interview with Film Companion, Indian cinema actor Shahid Kapoor made comments about marriage that have sparked a significant backlash from the public, Hindustan Times reports. Kapoor, who has been married to Mira Rajput since 2015, suggested that a woman enters a man's life to "fix" him. When asked about his take on marriage, Kapoor stated, "This entire marriage thing is about one thing: is that the guy was a mess and the woman came in to fix him. In an interaction with Humans of Bombay, Kapoor said, "When I met her, she was just 20 and I was 34. But once we started talking, she was very mature and very sure of herself.”Shedding light on how Rajput entered his life, Kapoor recounted, “I was 33-34 and I was very lonely.
Source:The Express Tribune
June 07, 2023 08:13 UTC
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Naseeruddin Shah claims Sindhi is 'no longer spoken in Pakistan'
During the interview, Shah passionately spoke about the significance of preserving the Urdu language as a part of Indian history. However, in his enthusiasm, he misspoke when he claimed that no one speaks Sindhi in Pakistan anymore. Sindhi, of course, is no longer spoken in Pakistan." Sindhi is no longer spoken in Pakistan, it is all Chinese and Urdlish." I wonder where he got this idea that Sindhi is no longer spoken in Pakistan?"
Source:The Express Tribune
June 07, 2023 06:08 UTC
Star Tribune All-Metro Sports Awards show coming to Target Center on June 28
The Star Tribune's sixth annual All-Metro Sports Awards show will be held June 28, and this year's event will be at Target Center. The winners of 10 special honors will be announced on this night, capping an evening of celebrating outstanding student-athletes and those who support them. The Star Tribune is accepting nominations for three special honors to be announced at the event: The Courage in Competition Award, the Student First Award and the Difference-Maker of the Year. Anyone can nominate a student, coach, leader or special person who contributes to prep sports. The All-Metro Sports Awards show began in 2018 as a special, end-of-year celebration.
Source:The Express Tribune
June 07, 2023 04:57 UTC
Pakistan pours cold water on TTP’s talks offer
Pakistani authorities have declined an offer from the outlawed Tehreek-e-Taliban Pakistan (TTP) to resume talks, citing their previous negative experience with dialogue. The government engaged in talks with the proscribed TTP last year at the insistence of the Afghan Taliban government in Kabul. The Pakistani government has been urging the Afghan Taliban to take action against the TTP. However, despite Pakistan’s refusal to enter into peace talks with the militant group, the Afghan Taliban were still keen on the process of dialogue to kick-start. The Pakistani government has been urging the Afghan Taliban to take action against the TTP.
Source:The Express Tribune
June 07, 2023 03:07 UTC
PTI chief to be made ‘an example’: Maryam
On the PTI leaders quitting the party, she asked the crowd where the former ruling party was, adding that it “went back to where it came from”. Maryam said the PTI chairman had also struck a deal on Kashmir with former US president Donald Trump. Following the clampdown, several senior PTI leaders were arrested, and many dissociated themselves from the party. It has been reported that Tareen was forming his own political party amid speculations that those quitting the PTI would join him. It was said that more than 60 lawmakers and top PTI leaders had contacted him.
Source:The Express Tribune
June 06, 2023 18:20 UTC
WHO launches the TB research tracker, an online platform to track progress in TB research
The World Health Organization (WHO) Global Tuberculosis Programme is launching a new online platform to track progress in the development of new treatment regimens, vaccines as well as operational research projects designed to improve TB prevention, treatment, and care. The TB research tracker will serve as a single access point consolidating the latest information on TB clinical trials and operational research studies. The TB research tracker will keep all TB stakeholders up-to-date on the progress in TB research and facilitate sharing of critical information”, said Dr. Tereza Kasaeva, Director of the Global TB Programme. The TB research tracker will compile the descriptive information available from several existing platforms for clinical trials and all information available from ongoing operational research studies. The TB research tracker can be accessed at https://tbtrialtrack.who.int/ and via the WHO TB Knowledge Sharing Platform.
Source:The Express Tribune
June 06, 2023 08:18 UTC
The ticking time bomb of economic adversity
How Pakistan’s economy has dwindled over the past three decades is not difficult to gauge. Delaying default by cosmetic measures would further compound the economic predicament of Pakistan and augment miseries for its 240 million people. Is there a way out of the economy crisis that is ticking like a time bomb? After all, Pakistan’s economy has declined because of corrupt and incompetent leadership which remained at the helm of affairs for around four decades. Unless Pakistan is cleansed of corruption, nepotism, extremism and mafias, there is no way the country can defuse the ticking time bomb of the economic meltdown.
Source:The Express Tribune
June 06, 2023 07:44 UTC
Hot, dry weather expected in most parts of country: PMD
Mainly hot and dry weather is expected in most parts of the country, while very hot in southern parts during the next twelve hours. However, rain-wind/thunderstorm is likely at isolated places in Potohar region, south Punjab, upper Khyber Pakhtunkhwa, Kashmir and adjoining areas. Temperature of some major cities recorded this morning:Islamabad nineteen degree centigrade, Lahore twenty-seven, Karachi thirty, Peshawar twenty-two, Quetta twenty-one, Gilgit fourteen, Murree seventeen and Muzaffarabad eighteen degree centigrade. According to weather forecast of Met Office for Indian Illegally Occupied Jammu and Kashmir, partly cloudy weather with chances of rain and wind/thunderstorm is expected in Srinagar, Anantnag , Shopian, Baramulla, Leh and Pulwama, while partly cloudy in Jammu. Temperature recorded this morning:Srinagar, Baramulla and Anantnag twelve degree centigrade, Jammu twenty-two, Leh four, Shopian and Pulwama eleven degree centigrade.
Source:The Nation
June 06, 2023 06:28 UTC
Cali Biosciences Initiates Second Phase III Study of CPL-01 (Long-Acting Ropivacaine) to Decrease Post-Operative Pain and Reduce or Eliminate Opioid Use and Presents Consistent and Predictable PK Resu
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Source:The Express Tribune
June 05, 2023 21:21 UTC
Walk on, boy
What transpired today on the pleasant walking tracks of Sector E7 in Islamabad makes me say it like this: “A nation reflects on the tracks too”. We were walking through the tracks today when I, being on the outer side of the pavement, noticed a boy sitting strategically on the green patch with his cell phone tilted just right to film the people walking past. The more we embrace this truth of civility and conduct, the merrier our public lives and public face would be. You can walk past with your gaze lowered. Walk on, Boy.
Source:The Nation
June 05, 2023 20:59 UTC
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PPP unveils mayoral nominees for Sindh cities
The decision was announced at a press conference by PPP Sindh President Nisar Khoro, who also revealed the names of the party’s nominees for mayoral positions in various other cities of the province. Congratulations to all PPP nominees for Chairman, dep chairman, mayor, dep mayor and towns. “Congratulations to all PPP nominees for Chairman, dep chairman, mayor, dep mayor and towns. “A special thank you to Hyderabad & Karachi for trusting us for the first time. After his nomination as Karachi's mayor, Murtaza Wahab expressed his gratitude to Bilawal Bhutto, Asif Zardari, and Faryal Talpur.
Source:The Express Tribune
June 05, 2023 17:00 UTC