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Tuesday, June 12th, 2018

 

Kim Flew In For Summit With Trump On Chinese Plane, in Victory For Xi

JUN 12, 2018 — Two days after arriving in Singapore, North Korea’s leader Kim Jong Un shook hands on Tuesday with US President Donald Trump at the start of their momentous US-North Korea summit, at the Capella Hotel on Singapore’s Sentosa island — both leaders made history as the world waits for the their meet that could determine historic peace or raise the specter of a growing nuclear threat. Trump had said the two would have a “great discussion” and Kim saying they had overcome “obstacles” to get to thisRead More


Fourth Rupee Devaluation In One Year Shows Economic Risk Before July 25 Polls

The devaluation shows signs of vulnerability in Pakistan’s $300 billion economy; widening trade deficit, alarmingly low foreign exchange reserves, hike in oil prices, could further aggravate country’s macroeconomic fundamentals JUN 12, 2018 — Rupee slumped 3.8 percent against the dollar on Monday before slightly recovering in what appeared to be the fourth currency devaluation in one year by the central bank amid fears of a balance of payments crisis and speculations remittances from overseas Pakistanis may not meet the target. The State Bank of Pakistan said in a press release,Read More


China’s New Anti-Corruption “Super Agency” For “Clean” Belt and Road Initiative

IRSHAD SALIM (Updated) — China’s National People’s Congress on Tuesday wrapped up a historic legislative session in March that voted to amend the constitution, scrap presidential term limits and grant President Xi Jinping a mandate to rule indefinitely– his new term ends in 2023. The two-week annual session also paved the way for Xi to become China’s most powerful leader since Mao Zedong as he pushes through his vision of guiding the country through a “new era” of unrivaled global economic supremacy with his signature Belt and Road Initiative (BRI).Read More


India to Examine ‘Spy Pigeon Working For Pakistan’

JUN 12, 2018 — Amritsar police on Monday said it would have a pigeon x-rayed over suspicions of spying for Pakistan, Times of India reported. As per the details, police in Ajnala town of Amritsar district would have the bird examined to ascertain it did not have any spy gadget embedded in its body and to rule out the possibility of any coded messages. According to the Times of India, the pigeon was found by Indian Border Security Force (BSF) close to the border with Pakistan and was later handedRead More