Yemen’s president transfers power to new leadership council

Riyadh, April 7 (AFP/APP): Yemen’s president announced Thursday he is handing his powers to a new leadership council, in a major shake-up in the coalition battling Huthi rebels as a fragile ceasefire takes hold.   “I irreversibly delegate to this presidential leadership council my full […]

Residents evacuate as floods threaten Sydney suburbs

Sydney, April 7 (AFP/APP):Heavy rain triggered evacuation orders in Sydney on Thursday, as swollen rivers threatened homes and flooded roads in the latest wild weather to lash Australia’s east. Residents in several suburbs of Sydney’s south and southwest were told to leave for safety as […]

SBP raises policy rate to 12.25 %

KARACHI, Apr 07 (APP):The State Bank of Pakistan on Thursday announced to increase its policy rate (interest) by 250 basis points to 12.25 percent, from 10 percent, for next two months.   SBP’s Monetary Policy Committee, in its meeting here at State Bank’s headquarters,  decided […]

Shell to take hit of up to $5 bn on Russia exit

London, April 7 (AFP/APP): British energy giant Shell warned Thursday that it would take a hit of up to $5 billion (4.6 billion euros) on its exit from Russia, following Moscow’s invasion of Ukraine. Impairment from assets and additional charges relating to Russia activities were […]

ECP regrets to organize general election within 90 days

  ISLAMABAD, April 07 (Online): Election Commission of Pakistan (ECP) has regretted to hold  general election in 90 days.   The ECP has said in a letter sent to President Arif Alvi that it will require  more 4 months  in holding general election in fair […]

Philippine unemployment rate remains at 6.4 pct in February

MANILA, April 7 (Xinhua/APP): The unemployment rate remained at 6.4 percent in February despite easing of pandemic restrictions, the Philippine Statistics Authority (PSA) said Thursday. In a virtual press conference, PSA head Dennis Mapa said the labor force participation rate increased from 60.5 percent in […]

New Zealand reports 11,634 new community cases of COVID-19

WELLINGTON, April 7 (Xinhua/APP): New Zealand recorded 11,634 new community cases of COVID-19 on Thursday, the country’s Ministry of Health said in a statement. Of the new community infections, 2,179 were detected in the largest city of Auckland, according to the ministry. In addition, 51 […]

Lok Virsa announces new ramzan timings

ISLAMABAD, Apr 7 (APP): National Institute of Folk and Traditional Heritage-Lok Virsa Thursday announced new ramzan timings for visitors frequently visiting both museums of Lok Virsa (Pakistan National Heritage Museum and Pakistan National Monument Museum). The museums timings from Tuesday to Sunday from 10am to […]

Armenia, Azerbaijan gearing up for peace talks

Yerevan, April 7 (AFP/APP): Armenia and Azerbaijan are preparing for peace talks, officials in both countries said Thursday, after a flare-up last month in the disputed Nagorno-Karabakh region over which they fought a 2020 war. Armenia Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev […]

PFC to participate in 4-day EMITEX expo

ISLAMABAD, Apr 7 (APP): Pakistan Furniture Council (PFC), in collaboration with Chenone will participate in another 3-day “EMITEX” expo, which would be held in Buenos, Aires, Argentina to showcase Pakistani products and identify new global markets besides luring foreign investments. Chief Executive Officer PFC , […]

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