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Thursday, May 31st, 2018

 

BlackRock: Turkey, Pakistan Economies ‘Overheated, Currencies Overvalued’

May 31, 2018 (BE2C2) — BlackRock, the world’s largest fund management firm says three countries that they are either avoiding or in some examples have shorts in their portfolio are the Philippines, Turkey, and Pakistan. Reason: these countries’ economies are overheating, or they think the currencies are substantially overvalued or both – Pakistan Rupee has devalued over 12 percent since December with many experts predicting it could lose another 5 to 8 percent in months ahead. “Yes. I mean, at the moment, our view is on the emerging markets, weRead More


Man Blinded by Father, Brothers for Falling in Love

May 31, 2018 (DESPARDES/PKONWEB) — A man has been blinded by his own father and siblings for allegedly wanting to marry a girl he fell in love with in Balochistan. Abdul Baqi, 22, thought his family would help him get married. Instead, his father and four brothers accused him of violating Islamic values and removed his eyes to punish him. The incident occurred May 13. His brothers and father locked his mother and sisters in a room and took Baqi to the corner of the house, where they tied hisRead More


Unions, Civil Society Hail Sindh Home Workers Protection Law

The Home Based Workers Act 2018 has been approved by the legislative assembly of Sindh. All home-based workers (5m) will now have the right to form their own CBAs (collective bargaining agent), pensions, minimum wages and other social security benefits. May 31, 2018 (BE2C2) — The labor rights activists, trade unions, civil society etc are celebrating the approval of the Home Based Workers Act 2018 by the legislative assembly of Sindh – the second largest province by GDP – calling it an initiative of historic importance. They say it isRead More


Denmark Becomes the Latest European Country to Ban Burqa, Niqab

May 31, 2018 — Denmark joined some other European countries in deciding Thursday to ban garments that cover the face, including Islamic veils such as the niqab or burqa. In a 75-30 vote with 74 absentees, Danish lawmakers approved the law presented by the center-right governing coalition. The government says that it is not aimed at any religions and does not ban headscarves, turbans or the traditional Jewish skull cap. However, the law is popularly known as the “Burqa Ban” and is mostly seen as being directed at the dressRead More


Eight Things I learned About Palestine While Touring Eight Western Nations

RAMZY BAROUD — On February 20, 2018, I embarked on a global book tour that has, thus far, taken me to eight nations. The main theme of all my talks in various cultural, academic and media platforms was the pressing need to refocus the discussion on Palestine on the struggle, aspirations and history of the Palestinian people. But, interacting with hundreds of people and being exposed to multiple media environments in both mainstream and alternative media, I also learned much about the changing political mood on Palestine in the westernRead More


UAE, Afghanistan Ink Deal For Supply of Afghan Workers

MAY 31, 2018 (BE2C2) — The UAE and Afghanistan have signed a memorandum of understanding (MoU) to supply Afghan workers to the emirate. The labor agreement was signed on the sidelines of the 107th International Labor Conference in Geneva, Switzerland, the UAE’s state news agency WAM reported. A joint committee will be formed to monitor the implementation of the MoU. Youth unemployment stands at more than 40 percent in Afghanistan, and most young people do not have an education. Those that do, find jobs in other countries. Until now thereRead More


‘Kite’ Unites MQM Leaders, Farooq Sattar Threatens Polls Boycott

May 31, 2018 (DESPARDES/PKONWEB) — Chief of Karachi’s largest and strongest political party Muttahida Qaumi Movement Dr. Farooq Sattar on Wednesday said the party will boycott upcoming polls if it is not allowed to do politics within the ambit of country’s constitution. “If MQM reservations were not resolved we will boycott upcoming elections,” — July 25th has been announced as countrywide polls day for the national assembly and all the provincial assemblies. He said the party’s offices that had been sealed must be reopened immediately. Otherwise, he said, the partyRead More


US Supports Free, Fair, Transparent Polls in Pakistan: State Dept

U.S. ‘hopes the electoral reform law passed in 2017 will facilitate peaceful transfer of power to elected government after the polls’ May 30, 2018 (DESPARDES/PKONWEB) — The United States supports free, fair and transparent elections in Pakistan, a US State Department spokesperson said in Washington on Tuesday, expressing hope that the electoral reform law passed in 2017 will facilitate a peaceful transfer of power after the polls due in July. “The United States along with other international partners has supported Pakistan’s implementation of its historic 2017 electoral reforms law,” saidRead More