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External finance risks constrain PTI govt: Fitch Ratings


August 20, 2018

HONG KONG: Pakistan’s incoming PTI-led coalition government, which took office this week, will be under immediate pressure to arrest the deterioration in external finances and address fiscal challenges, as well as to attract the external funding necessary to meet its financing gap, stated Fitch Ratings. The new government has more political capital to take positive though difficult policy actions, but …

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Parwaaz Hai Junoon premiere delayed due to ‘censor issues’


August 20, 2018

KARACHI: The most anticipated movie of the season that was expected to release this Eid-ul-Azha, however has got its fans a little disheartened after the news of its premier being postponed emerged on Sunday night due to censorship issues. The movie could not get clearance from the Central Board of Film Censors reportedly. A screening had taken place in Karachi …

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Attitude not good enough from beaten Manchester Unitetd, admits Pogba


August 20, 2018

BRIGHTON: Manchester United captain Paul Pogba admitted his side didn´t have the right attitude in losing 3-2 to Brighton on Sunday due to a shambolic defensive display. For the first time in nearly two years, Jose Mourinho´s men conceded more than twice with all three Brighton goals arriving before half-time through Glenn Murray, Shane Duffy and a Pascal Gross penalty. …

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Djokovic beats Federer to win in Cincinnati crown


August 20, 2018

Novak Djokovic beat Swiss world number two Roger Federer 6-4, 6-4 on Sunday to win the Cincinnati title which was missing from his resume. The championship was the only ATP Masters 1000 title the former number one had failed to win in his illustrious career and he finally broke the ice on his sixth try. Federer, seven-time Cincinnati champion, lost …

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Djokovic wins Cincy title to complete Masters matched set


August 20, 2018

CINCINNATI: Novak Djokovic ended a career-long jinx, lifting the trophy in Cincinnati at last to complete a matched set of Masters 1000 titles. Djokovic, who came up empty in five prior Cincinnati finals, defeated seven-time winner Roger Federer 6-4, 6-4 in the final. The former world number one became the first man to win all nine of the ATP´s Masters …

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Pompeo says ‘time for peace’ as Afghanistan announces ceasefire with Taliban


August 20, 2018

WASHINGTON: The United States is ready to support and facilitate direct peace talks between the Afghan government and the Taliban, US Secretary of State Mike Pompeo said on Sunday, welcoming a Muslim Eid holiday ceasefire announced by President Ashraf Ghani. “The United States welcomes the announcement by the Afghan government of a ceasefire conditioned on Taliban participation,” Pompeo said in …

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Qatar and Turkey central banks sign swap agreement


August 20, 2018

DUBAI: Qatar and Turkey´s central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar´s central bank said on Sunday, days after Turkey´s Gulf ally pledged $15 billion in support. The agreement, which was signed by the heads of the two central banks on Friday, will establish a two-way currency exchange line, the Qatar …

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Ghilaf-e-Kaaba changing ceremony begins in Makkah


August 20, 2018

MAKKAH: The annual ceremony to change the Ghilaf-e-Kaaba began in early morning today (Thursday) in Saudi Arabia, where millions of Muslims have gathered to perform the Hajj. The new cover has been prepared with estimated 120 kg pure gold, 100 kg silver and 670 kg silk fiber. The covering cloth of the Kaaba, known as Kiswa, is changed on 9th …

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Pilgrims converge in Arafat to perform main ritual of Hajj today


August 20, 2018

ISLAMABAD: More than two million pilgrims from around the world have converged in Mina to perform main ritual of Hajj today. Today, the pilgrims will move to Arafat, where they will listen sermon to be delivered at Namira Mosque. They will perform Dhuhr and Asr prayers together. The pilgrims will spend the time in Arafat with prayers for acceptance of …

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Key points of Imran Khan’s speech


August 20, 2018

ISLAMABAD: Imran Khan made his first speech as Pakistan’s prime minister late Sunday, giving a wide-ranging, televised address in which he announced reforms targeting corruption and focusing on human development in the rapidly growing country. Khan addressed the nation for more than an hour, repeating many of his campaign pledges to build an Islamic welfare state but also touching on …

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