Tag Archives: economic

Gold, oil, soar, US, Iran, trade, threats

Gold accelerates higher on fragile economic recovery hopes

08 August, 2020 11:15 pm 11:15 pm

NEW YORK (Reuters) – Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging virus cases continue to pummel the US economy. Spot gold hit an all-time high of $2,069.21 per ounce and was up 1% at $2,059.45 at 11:02 am EDT (1502 GMT). US gold futures also rose … Read More

Abdul Hafeez Shaikh, government, inherited, economic, crisis

Abdul Hafeez Shaikh says government inherited economic crisis

06 June, 2020 7:16 pm 7:16 pm

ISLAMABAD (92 News) – Adviser to Prime Minister Imran Khan on Finance Abdul Hafeez Shaikh has said that the present government had inherited economic crisis. Launching the Economic Survey for FY2019-20 in Thursday, he said that expenditures had been more than income this year. “Exports increased by keeping the dollar cheap,” he said. The adviser … Read More

Malaysia , reopen , economic , activity , virus , outbreak , 'under control'

Malaysia to reopen most economic activity with virus outbreak ‘under ...

06 June, 2020 3:42 pm 3:42 pm

KUALA LUMPUR (Reuters) – Malaysia on Sunday said it would reopen nearly all economic activity and allow interstate travel starting June 10, lifting coronavirus restrictions imposed nearly three months ago as it moves to revive an economy battered by the pandemic. Prime Minister Muhyiddin Yassin announced in a televised address the novel coranvirus outbreak was … Read More

Economic team economic team members Pm Imran Khan Imran khan economic

Economic team members calls on PM Imran Khan

05 May, 2020 3:42 pm 3:42 pm

ISLAMABAD (92 News) – The government economic team members called on Prime Minister (PM) Imran Khan in Islamabad on Monday. The prevailing economic situation in the country was discussed in the meeting. Planning Minister Asad Umar, Minister for Industries Hammad Azhar, Adviser on Finance Dr Hafeez Shaikh, Advisor on Commerce Abdul Razak Dawood and other … Read More

White House economic guideline US restrictions easing restrictions stratigies US states

Half of US states easing coronavirus restrictions as jobless numbers grow

05 May, 2020 9:29 am 9:29 am

WASHINGTON/NEW YORK (Reuters) – The White House let its 2-week-old economic reopening guidelines expire as half of all US states forged ahead with their own strategies for easing restrictions on restaurants, retail and other businesses shuttered by the coronavirus crisis. The enormous pressure on states to reopen, despite a lack of wide-scale virus testing and … Read More

Coronavirus, medical challenge, economic, FM Qureshi

Coronavirus not only a medical challenge but also economic one: FM Qureshi

04 April, 2020 2:01 pm 2:01 pm

ISLAMABAD (92 News) – Foreign Minister Shah Mahmood Qureshi has said that coronavirus is not only a medical challenge but also an economic one. Addressing the Pakistan community in America through the video link on Saturday, he said that overseas Pakistanis have always played their vibrant role during the difficult time. He said that the … Read More

Strategy being evolved keeping in view economic difficulties of people: PM

04 April, 2020 3:58 pm 3:58 pm

ISLAMABAD (92 News) – Prime Minister (PM) Imran Khan has said that a strategy is being evolved keeping in view the economic difficulties of the people. He stated while talking to PTI’s Central Vice President and Parliamentary leader of the Party in Sindh Assembly Haleem Adil Sheikh in Islamabad on Wednesday. He said that the … Read More

Iran’s Rouhani says low-risk economic activities to resume from April...

04 April, 2020 3:54 pm 3:54 pm

DUBAI (Reuters) – Iran’s president said on Sunday “low-risk” economic activities would resume from April 11 in the Middle Eastern country worst-affected by the new coronavirus. Iran has been struggling to curb the spread of the highly infectious respiratory disease known as COVID-19 but authorities are also concerned that measures to limit public life to … Read More

Global, stocks, edge, lower, economic, toll, coronavirus, oil rallies

Global stocks edge lower on economic toll from coronavirus, oil rallies

04 April, 2020 9:55 am 9:55 am

NEW YORK (Reuters) – Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply. Investors sought safe havens in the US dollar and government bonds, pushing US Treasury yields near … Read More

Coronavirus deaths in Italy overtake China as economic damage mounts

03 March, 2020 10:39 pm 10:39 pm

LONDON/MILAN (Reuters) – The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated. With over 242,000 infections and nearly 10,000 deaths, the epidemic has stunned the world … Read More

Pakistan, labourer, attacked, economic, constitutional, level, Bilawal

Don’t accept PTI-IMF deal, going to start struggle from Karachi: Bilawal

03 March, 2020 7:30 pm 7:30 pm

LAHORE (92 News) – PPP chairman Bilawal Bhutto has said that the labourer is being attacked at the economic and constitutional level. Addressing a ceremony in Lahore on Wednesday, he said that all will have to work hard for the labourer. “Labourers will have to show courage across the country, including Pakistan,” he said. “We … Read More

US, Japan pull nationals from China, big virus economic hit forecast

01 January, 2020 4:21 pm 4:21 pm

BEIJING/SHANGHAI (Reuters) – The United States and Japan flew nationals out of China’s virus epicenter on Wednesday and some big-name airlines suspended flights as deaths leapt to 133 and a senior economist predicted a major impact on growth. Beijing’s plans to slay the “devil” coronavirus may have won the trust of the World Health Organization … Read More

Incompetent govt, Sindh, economic, murder, intolerable, Bilawal

Incompetent govt, Sindh’s economic murder are intolerable: Bilawal Bhutto

12 December, 2019 5:48 pm 5:48 pm

KARACHI (92 News) – PPP chairman Bilawal Bhutto Zardari has said that incompetent and ‘selected’ government and the economic murder of Sindh are intolerable. Addressing a ceremony after inaugurating an underpass on Shaheed Millat Road on Saturday, he announced to start a countrywide protest against the government from December 27. He said that the tax … Read More

PTI, govt, spokespersons, briefed, new, economic, indicators

PTI, govt spokespersons briefed on new economic indicators

11 November, 2019 11:55 pm 11:55 pm

ISLAMABAD (92 News) – A meeting of the Pakistan Tehreek-e-Insaf (PTI) and government spokespersons was held on Thursday, with Prime Minister Imran Khan in the chair. The meeting reviewed the political and economic situation in the country. The spokespersons were briefed about the new economic indicators. According to sources, Prime Ministerr Imran Khan had declared … Read More

Protests, sweep, Lebanon, fury, ruling, elite, grows, economic, corruption

Protests sweep Lebanon as fury at ruling elite grows over economic corrupti...

10 October, 2019 12:54 pm 12:54 pm

BEIRUT (Reuters) – Security forces fired tear gas and chased down protesters in Beirut on Friday after tens of thousands of people across Lebanon marched to demand the demise of a political elite they accuse of looting the economy to the point of collapse. Riot police in vehicles and on foot rounded up protesters, according … Read More