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Biden inducts third Pakistani-American into his team


March 6, 2021

WASHINGTON: US President Joe Biden has inducted a third Pakistani-American, Dilawar Syed, into his team, says a White House media statement. Mr Syed will serve as the deputy administrator of the Small Business Admini­stration (SBA), if confirmed by the US Senate. Confirming his nomination on Twitter, Mr Syed said he was “deeply humbled & honored” and will “put my heart and …

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India likely to start full operations at Chabahar port by end of May


March 6, 2021

NEW DELHI: India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade. India has been developing a part of the port on Iran’s south-eastern coast along the Gulf of Oman as a way to transport goods to Iran, but …

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Following Kashmir situation very closely: US


March 6, 2021

WASHINGTON: The United States has assured the international community that it’s following the developments in Jammu and Kashmir very closely and continues to support direct talks between India and Pakistan on the issue. The Kashmir issue has been raised regularly in the daily news briefings of the US State Department since the Biden administration came to power on Jan 20. …

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Cryptocurrency trading volumes spike


March 5, 2021

LONDON: Cryptocurrency trading volumes soared by 17% last month in the wake of Tesla’s $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday. Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35% to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump …

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Imran stresses pooling ECO resources for access to vaccine


March 5, 2021

ISLAMABAD: Prime Minister Imran Khan on Thursday called upon the Economic Cooperation Organisation (ECO) to devise a joint strategy for ensuring equitable access and distribution of Covid-19 vaccine for the public good. The prime minister, in his address to the virtual 14th ECO Summit themed ‘Regional Economic Cooperation in the aftermath of Covid-19’, stressed the need for mobilising the resources …

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No change in govt’s position on Kashmir dispute: FO


March 5, 2021

ISLAMABAD: The Foreign Office on Thursday again denied any change in the government’s position on the Kashmir dispute and said that outreach to the international community on the issue would continue. “Let me reiterate that there is no change in Pakistan’s principled position on the Jammu and Kashmir dispute. Jammu and Kashmir is an internationally recognised dispute which needs to …

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Europeans drop plan to censure Tehran at IAEA


March 5, 2021

VIENNA: European nations will not go ahead with a planned resolution criticising Iran at this week’s meeting of the UN nuclear watchdog, diplomatic sources said on Thursday, as efforts were underway to revive an ailing 2015 deal between Tehran and world powers on its nuclear programme. France, Britain and Germany had planned to introduce a resolution at a meeting of …

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Turkish general among 9 killed in copter crash


March 5, 2021

ISTANBUL: Nine Turkish soldiers were killed and four others wounded when their military helicopter cras­hed in the southeast of the country on Thursday, the defence ministry said. Television images from the crash site showed the ground blanketed in snow and visibility hampered by thick clouds in the mountainous region. Ruling AKP party lawmaker Tolga Agar, who sits on the Turkish …

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French court acquits ex-PM Balladur of corruption charge


March 5, 2021

PARIS: A French court on Thursday acquitted former prime minister Edouard Balladur on corruption charges after he was accused of using kickbacks from an arms deal but handed a suspended jail term to his former defence minister. The verdict by the Law Court of the Republic (CJR), which sits to try serving and former ministers for alleged violations committed in …

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Security tight at US Capitol as police fear militia attack


March 5, 2021

WASHINGTON: Security was tight on Thursday at the US Capitol in Washington, the scene of a deadly assault in January, after police warned that a militia group might try to attack it to mark a key date on the calendar of a baseless conspiracy theory. A bulletin issued on Tuesday by the Department of Homeland Security and the Federal Bureau …

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