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Showing posts from July, 2020

Gold strikes another record high, equity markets struggle with mounting virus fears

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LONDON: Gold rates chalked up another record peak on Tuesday before pulling lower as the dollar clawed back earlier losses, while equity markets struggled with mounting coronavirus fears, dealers said. With worrying new spikes in infections in Asia and Europe — on top of the already-high new US cases — forcing governments to impose strict COVID-19 containment measures, the global economic outlook remains clouded, putting the brakes on a months-long stocks rally. The virus uncertainty, combined with China-US tensions, has sent gold soaring nearly 30% this year — and, on Tuesday, it struck another record pinnacle at $1,981.27 per ounce in Asian trade. That smashed the previous day's peak but it later pared the advance to sit lower for the day. But observers say $2,000 could be broken as early as this week, with focus on the Federal Reserve's next policy meeting, which is tipped to see it unveil more easing measures to support the world's top economy. US second-q...

Bears still at Islamabad zoo as sanctuary raises health concerns (29 July 2020)

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Two bears at the Islamabad zoo still haven’t been shifted to Balkasar Bear Sanctuary due to health concerns, the Islamabad High Court was informed on Wednesday. The sanctuary authorities said that the temperature at the sanctuary is not suitable for the two bears. A German vet is currently treating them. Justice Athar Minallah, while hearing a case on implementation of the court’s verdict on shifting all animals at the Marghazar zoo to suitable sanctuaries, asked why it shouldn’t be investigated why the bears were brought to Islamabad and on whose orders. “Why are you harming animals for the sake of recreation?” Read more: Kaavan being sent to Cambodia, govt tells court He was informed that former wildlife director Raja Jawad issued a tender and purchased them for the zoo. The court summoned more details on the transfer of the bears by July 29 and adjourned the hearing. Many activists rejoiced after the court had ordered the transfer of animals from Marghazar z...

Car damages from Karachi rains can cost you around Rs80,000

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Ghulam Abbas’s Honda City 2000 was submerged till the bonnet when he went outside his house in Federal B Area Block 18 after Karachi’s saw its third spell of monsoon rains this month. After the water subsided, the car couldn’t start and when Abbas brought a mechanic to check the problem, he was told that the car’s Electronic Control Unit (ECU) was damaged and would cost him Rs15,000.         Abbas is not the only one whose car had been damaged by Monday’s heavy downpour. Images and videos of cars, including some brand new vehicles, floating in rainwater flooded Twitter Monday as citizens documented the flooding of the streets in one of Karachi’s most sought after middle-income neighborhoods of North Nazimabad. Apart from cars getting damaged from broken tree branches which fell due to heavy rains, cars in Karachi were also damaged from the rainwater. If the car doesn’t move because of accumulated water, which is the sit...

Government, opposition at loggerheads over amendments in NAB law (28 July 2020)

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The government and opposition parties are once again at loggerheads with each other over the amendments in the NAB law. The government has rejected the suggestions by the opposition parties, saying the proposed amendments could damage Pakistan internationally and in the Financial Action Task Force’s forum. “Anti-corruption is our core principle and our agenda,” Foreign Minister Shah Mehmood Qureshi said in the parliament on Tuesday. He said that if the proposed amendments by the opposition become a law then the law itself will become meaningless. The minister said that the amendments put forward by the opposition parties seem like an attempt to remove money laundering from the NAB law. The leaders of the opposition, however, think that the government doesn’t want to talk over the amendments in ‘good faith’. Shahid Khaqan Abbasi, the former prime minister and a PML-N leader, told reporters that the opposition parties can’t move forward with the government if th...

Archer needs support over racist abuse: West Indies captain Holder

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West Indies captain Jason Holder said Jofra Archer needed support after receiving racist abuse for breaching COVID-19 protocols as cricket could not afford to do without the talented England fast bowler. Archer was stood down from England’s series-levelling win in the second Test at Old Trafford, receiving a fine and a written warning, after it emerged he had breached the bio-secure regulations governing the series by making an unauthorised trip to his home in Hove. Barbados-born paceman Archer indicated in his Daily Mail column on Wednesday that, following online racist abuse, he may not be in the right frame of mind to play in the third and final Test with the West Indies, also in Manchester, starting on Friday. “For him (Archer) to have been racially abused in New Zealand last winter (a Kiwi fan was subsequently banned till 2022) and for it now to be resurfacing would traumatise any individual,” Holder wrote in his Daily Mail column published Thursday. “More than ev...

CORONAVIRUS IN PAKISTAN (26 July 2020)

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CORONAVIRUS IN PAKISTAN CONFIRMED CASES 273,113 PAKISTAN DETAILS   INTERNATIONAL DETAILS Cases (24 HRS) 1,226 Deaths (24 HRS) 35 Tests (24 HRS) 23,254 Total Tests 1,868,180 5,822 DEATHS 237,434 RECOVERED 1,267 CRITICAL 117,598 SINDH 91,901 PUNJAB 14,841 ISLAMABAD 11,578 BALOCHISTAN 33,220 KP 2,023  / 1,952 AJK  / GB LAST UPDATED AT: 26 Jul, 2020 - 03:59am #AhmedShameel #COVID19 #AhmedShameelNews

Gold Prices Decrease By Rs 100, New Price Is Rs 119,200 Per Tola (26 July 2020)

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Gold prices per tola have decreased by Rs 100 in Pakistan. The new price per tola 24k is Rs 119,200. Gold Rates  in Pakistan  is never fixed, it is fluctuating according to the international Gold rates. Also check:  Dollar Rate in Pakistan Here is an updated list of Gold Rates in Pakistan (Updated, 26th July 2020) Location 24k 10g 24k per Tola 22k 10g Pakistan Rs. 102,200 Rs.119,200 Rs. 93,683 Karachi Rs. 102,200 Rs. 119,200 Rs. 93,683 Lahore Rs. 102,200 Rs. 119,200 Rs. 93,683 Islamabad Rs. 102,200 Rs. 119,200 Rs. 93,683 Today  Gold  Price in Pakistan – Also Get the latest updates of all foreign currency exchange rates such as; (SAR) Saudi Riyal in Pakistan, SAR TO PKR, etc. These gold prices are provided by Sarafa Market.

Cricket and COVID-19 will have to co-exist: PCB CEO (26 July 2020)

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Pakistan Cricket Board Chief Executive Wasim Khan said on Saturday that sending the Pakistan cricket team on a tour to England during the coronavirus pandemic was quite a tough decision, but "cricket and COVID-19 will have to co-exist". The PCB official, while speaking to  Geo News , said that the situation became quite tense when cricket team players started testing positive for COVID-19. "However," the official said, "for the restoration of world cricket and to keep it on track, it is imperative to continue with matches." “COVID-19 and cricket will have to co-exist, there was no other reason for this decision other than the [revival of] global cricket,” he added. Khan said that, "Whenever we are asked regarding our decision to proceed with the tour to England, the same question should also be posed to the West Indies cricket team, which has also continued with scheduled matches." “The West Indies (cricket team) decided to go to En...

How has the world responded to coronavirus pandemic through gold reserves? (24 July 2020)

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As coronavirus pandemic continues around the world, infecting upwards of 15 million people and killing over 632,000,  Geo.tv  looks at the positions various countries have taken in terms of increasing or decreasing their gold reserves. Before going into the data, it is important to remember that the yellow metal is viewed as a safe bet during crises and, therefore, centrals banks around the world added 650 tonnes of gold to their reserves over the past one year. The high value — which may differ in June 2020 statistics — reflects the seriousness of the coronavirus pandemic. Why do central banks keep gold reserves? Because bullion is relatively safe to invest in as it can withstand political or economic changes better compared to other metals, currencies, and stocks. It is also more liquid, thereby allowing countries to convert it to cash should the need arise. Gold rates have also been on a persistent rally since quite a while, reaching new levels and eve...

Problems of Purity - Hadith No. 4

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 Problems of Purity - Hadith No. 4 Hadith in Arabic حَدَّثَنَا مُسَدَّدُ بْنُ مُسَرْهَدٍ ، حَدَّثَنَا حَمَّادُ بْنُ زَيْدٍ ، وَعَبْدُ الْوَارِثِ ، عَنْ عَبْدِ الْعَزِيزِ بْنِ صُهَيْبٍ ، عَنْ أَنَسِ بْنِ مَالِكٍ ، قَالَ : " كَانَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ إِذَا دَخَلَ الْخَلَاءَ ، قَالَ : عَنْ حَمَّادٍ ، قَالَ : اللَّهُمَّ إِنِّي أَعُوذُ بِكَ ، وَقَالَ : عَنْ عَبْدِ الْوَارِثِ ، قَالَ : أَعُوذُ بِاللَّهِ مِنَ الْخُبُثِ وَالْخَبَائِثِ " . Urdu Translation ´انس بن مالک رضی اللہ عنہ کہتے ہیں کہ` رسول اللہ  صلی اللہ علیہ وسلم  جب پاخانہ جاتے  (حماد کی روایت میں ہے)  تو آپ  صلی اللہ علیہ وسلم  «اللهم إني أعوذ بك»   ” اے اللہ! میں تیری پناہ چاہتا ہوں “  کہتے، اور عبدالوارث کی روایت میں ہے کہ آپ  صلی اللہ علیہ وسلم  «أعوذ بالله من الخبث والخبائث»   ” میں ناپاک جن مردوں اور ناپاک جن عورتوں  (کے شر)  سے اللہ کی پناہ چاہتا ہوں “  کہتے۔ English Translation Anas bin Malik report...

Euro T20 Slam postponed once again (23 July 2020)

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The inaugural edition of Euro T20 Slam has been postponed due to the coronavirus pandemic, ESPNcricinfo has reported. The tournament was to be contested in 2019. However, it was postponed due to financial reasons just two weeks before it was due to commence. The cricket boards of Ireland, Scotland and Netherlands were pondering on several contingencies to host the T20 competition which included staging the tournament entirely in Malahide. “We had been discussing in recent weeks alternative arrangements to get the competition started – single venue, reduced team and player pool, a shorter competition – and, given the speed with which we set up the tri-series between the three boards in Dublin last September, we felt confident to leave the decision as late as possible to give ourselves the best chance to make it work,” the Chief Executive of Cricket Ireland Warren Deutrom said as quoted by ESPNcricinfo. The Cricket Ireland official added that it became inviable to host the ...

Liverpool brush aside Chelsea in Premier League crowning (23 July 2020)

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Liverpool manager Jurgen Klopp said having the opportunity to lift the Premier League trophy at Anfield meant the world to him despite having to do so in an empty stadium with fans shut out due to coronavirus. The Reds sealed a first top-flight title for 30 years last month, but had to wait until after a thrilling 5-3 win over Chelsea in their final home game of the season to lift the Premier League trophy for the first time. “You make the best of what you can,” Klopp told Sky Sports. “Today our families are allowed to be there which is incredible. It means the world to me. Everything would be better with fans but for months we knew that would be impossible. A few months ago I thought it was impossible that we play football. “I couldn’t be happier to be honest, it would be perfect if the stadium would be full but we cannot change it. What we tried to do is make it clear to the people that we really do it for them. It’s an absolutely great moment.” Despite pleas for fans...

Pakistan won’t run after India for cricket matches: PCB Chairman (23 July 2020)

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Pakistan Cricket Board (PCB) Chairman Ehsan Mani has clarified that Pakistan will not chase after India to play a bilateral series with the arch-rivals. “I have taken the view and let the PCB know that we will be ready to play India but will not be running after them,” he said in Oborne & Heller On Cricket podcast. “It is their call and we will be willing to play them when they are ready.” The PCB chairman stated that the suspension of cricketing ties between Pakistan and India was of ‘great pity’, adding that no other cricket match is as closely followed as when the two arch-rivals square off against one another. “I have been told that around 200-250 million people watch every time the two sides play each other.” However, he said the current situation is a little different. “My predecessor had tried very hard to persuade Pakistan and India to play. They even signed a memorandum of understanding. India turned around and said they can’t honour it as their government ha...

AIIB approves $250m loan for Pakistan to fight coronavirus impacts (23 July 2020)

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The Asian Infrastructure Investment Bank’s (AIIB) board of directors has approved a $250 million loan to help Pakistan strengthen its response to the social and economic fallout from the coronavirus pandemic, according to reports released by MarketScreener. Co-financed by the World Bank, this money will help strengthen the government’s Resilient Institutions for Sustainable Economy (RISE) programme, which aims to encourage investment in human capital, improve lives of vulnerable families and individuals, reduce the adverse health and economic shocks, and boost economic growth.   According to the MarketScreener report, the health crisis is expected to have a far ranging and long-term effect on growth, which may undermine the hard-fought progress the country has made in restoring macroeconomic stability. Employment in the formal and informal sectors has already seen a downturn with the poor, women and other vulnerable groups disproportionately affected. The programme is, ...