Home Blog Page 1445

EXCLUSIVE: Hungarian National Day reception celebrated in style

Cultural dances leave everybody spell bound; Ambassador Bela Fazekas says Punjab University built by a Hungarian professor

Ansar M Bhatti/DNA

ISLAMABAD, OCT 23: Ambassador of Hungary Bela Fazekas has said on the 23 October 1956 a student protest in Budapest turned into a national uprising for freedom and democracy against communist dictatorship.

Two weeks later the Russian aggression crushed the heroic struggle of the freedom fighters.Two hundred thousand Hungarians left the country. Today 66 years later Europe is witnessing another Russian aggression.

The Ambassador expressed these views while speaking on the occasion of National Day of Hungary. A large number of diplomats, government functionaries; members of the civil society members attended the event. Federal Minister/Chairman BOI Ch.

Salik Hussain was the chief guest. The real feast of the event was a cultural performance by the two young Hungarians artists whose dances left the audience spell-bound.

The ambassador further said Hungary and Pakistan established diplomatic relations only in 1965, but people-to-people relations between Hungary and this part of the subcontinent have started much earlier. Not everyone knows in this country that the oldest university of Pakistan, the University of Punjab was founded in 1882 by a Hungarian professor.

The cultural and intellectual life of the 19th and early 20th century Lahore would not have been so rich and vibrant without the small community of Hungarian artists, professors, orientalists who lived there.

Last year we finished the largest ever Hungarian cultural project in the capital of Punjab, the restoration of eleven paintings of the Sikh gallery painted by a Hungarian artist in the 19th century.

Ambassador Fazekas added, Hungary is not a big power. Neither politically, nor economically. But our globally renowned rich cultural heritage, the internationally recognized high quality of our higher education gives us a soft power status.

Each year more and more foreign students choose Hungary for their studies, including hundreds of Pakistanis. Currentlynearly 3% of all foreign students in Hungary are from Pakistan. And this percentage is going even higher next year as the Hungarian Government decided to double the number of State Funded scholarships for Pakistan from the current level of 200 to 400.

‘Equally important is our economic and commercial cooperation. The frequent mutual visits and meetings between our ministers, parliamentarians, high-ranking military officials provide a solid political basis for enhancement of our economic and trade relations.

 In fact, our trade has doubled in the last two years. There are more and more Pakistani-Hungarian joint ventures in the field of water management, agriculture and food industry’.

He said, the flagship of the Hungarian companies present in Pakistan is the MOL, which is one of the largest foreign investors in the oil and gas industry and the second largest producer of oil in Pakistan.

I am very grateful to the MOL Pakistan company, to its management for their gracious sponsorship to the Embassy events including this reception today.

A real performance is worth a thousand words and that is why after the speeches he invited the guests to witness very exciting cultural journey with the help of two young Hungarian dancers.

Ch. Salik Hussain in his speech thanked the ambassador for inviting him and providing him with an opportunity of sharing his thoughts on the occasion. He said Pakistan values relations with Hungary adding these relations would continue to grow even in the coming days.=DNA

===========

Malaysian govt extends USD 200,000 aid for flood victims

DNA

KUALA LUMPUR: The Government of Malaysia has contributed USD200,000 to the flood victims in Pakistan. The contribution has been channelled to Pakistani Prime Minister’s Flood Relief Fund 2022 via the local Affin Bank account which was opened by the High Commission of the Islamic Republic of Pakistan in Kuala Lumpur.

Mr Deddy Faisal bin Ahmad Salleh, Acting High Commissioner of Malaysia stated that Malaysia extends its solidarity with the Government and people of Pakistan following the devastating floods that have caused immense sufferings, loss of lives, destruction to infrastructures and properties as well as unprecedented social -economic losses.

The people of Malaysia are with the people of Pakistan during this difficult period.  Malaysia hopes that the contribution will assist in easing the sufferings of the flood victims.

Pakistan leaves the FATF list

Global Misperceptions

By Muhammad Omar Iftikhar

After four years, the Financial Action Task Force (FATF) has removed Pakistan from its grey list. Pakistan was included in this list in 2018 when it was unable to check the risk of money laundering. During this period, Pakistan could not discuss or strike a deal with IMF, the World Bank, the European Union, and the Asian Development Bank (ADP).

Pakistan needed the support of China, Turkey, and Malaysia and their supporters to leave the list. In a statement following Pakistan’s removal from the list, it read: “The FATF welcomes Pakistan’s significant progress in improving its AML/CFT regime. Pakistan has strengthened the effectiveness of its AML/CFT regime and addressed technical deficiencies to meet the commitments of its action plans regarding strategic deficiencies that the FATF identified in June 2018 and June 2021, the latter of which was completed in advance of the deadlines, encompassing 34 action items in total. Pakistan is therefore no longer subject to the FATF’s increased monitoring process.”

Now that Pakistan has been removed from the FATF grey list, the country can focus on enhancing its economic activities and improving its rating in the books of International Credit Rating agencies. Much work needs to be done as the government, its various sectors, and their concerned offices have to make up for the four years that were lost while Pakistan was on the FATF grey list. Measures must be taken to attract foreign investment. The financial and economic system of Pakistan must be realigned with national and international goals and standards so all acts and tasks remain transparent. 

The removal of Pakistan from the list will also facilitate the ninth review of the IMF scheduled in November 2022. The disbursement of SDR 894 million will be used to bring Pakistan out of the financial crisis that it has been in for a long time.

LATEST UPDATES: Pakistan’s tail officially exposed after Arshdeep picks up his 3rd

LATEST UPDATES: Pakistan’s tail officially exposed after Arshdeep picks up his 3rd.

Pak vs Ind: Half centurion Iftikhar departs as pace does the job again for India. Pakistan are currently batting against India in their World Cup 2022 match at the MCG. Babar and Rizwan fall early to Arshdeep; Pakistan batters struggle against pace and bounce at MCG.

Pfizer says COVID-19 vaccine will cost $110-$130 per dose

Pfizer will charge $110 to $130 for a dose of its COVID-19 vaccine once the U.S. government stops buying the shots, but the drugmaker says it expects many people will continue receiving it for free.

Pfizer executives said the commercial pricing for adult doses could start early next year, depending on when the government phases out its program of buying and distributing the shots.

The drugmaker said it expects that people with private health insurance or coverage through public programs like Medicare or Medicaid will pay nothing. The Affordable Care Act requires insurers to cover many recommended vaccines without charging any out-of-pocket expenses.

A spokesman said the company also has an income-based assistance program that helps eligible U.S. residents with no insurance get the shots.

The price would make the two-dose vaccine more expensive for cash-paying customers than annual flu shots. Those can range in price from around $50 to $95, depending on the type, according to CVS Health, which runs one of the nation’s biggest drugstore chains.

A Pfizer executive said Thursday that the price reflects increased costs for switching to single-dose vials and commercial distribution. The executive, Angela Lukin, said the price was well below the thresholds “for what would be considered a highly effective vaccine.”

The drugmaker said last year that it was charging the U.S. $19.50 per dose, and that it had three tiers of pricing globally, depending on each country’s financial situation. In June, the company said the U.S. government would buy an additional 105 million doses in a deal that amounted to roughly $30 per shot. The government has the option to purchase more doses after that.

Pfizer’s two-shot vaccine debuted in late 2020 and has been the most common preventive shot used to fight COVID-19 in the U.S.

More than 375 million doses of the original vaccine, which Pfizer developed with the German drugmaker BioNTech, have been distributed in the U.S., according to the Centers for Disease Control and Prevention.

That doesn’t count another 12 million doses of an updated booster that was approved earlier this year.

The vaccine brought in $36.78 billion in revenue last year for Pfizer and was the drugmaker’s top-selling product.

Analysts predict that it will rack up another $32 billion this year, according to FactSet. But they also expect sales to fall rapidly after that.

More than 90% of the adult U.S. population has already received at least one dose of COVID-19 vaccine, according to the CDC. But only about half that population has also received a booster dose.

Tashkent Park opened in Ashgabat

Tashkent, OCT 22: President of Uzbekistan Shavkat Mirziyoyev, accompanied by the President of Turkmenistan Serdar Berdimuhamedov, took part in the opening ceremony of the Tashkent Park in Ashgabat.

The park is located on the main metropolitan avenue of Magtymguly. A landscape garden with flower beds has been created on the territory of about 3 hectares, miniature copies of the sights of the city of Tashkent have been erected.

The heads of state got acquainted with the conditions created here, planted trees as a sign of good aspirations.

National songs and melodies of the Uzbek and Turkmen peoples were performed. The Presidents wished happiness to the newlyweds who celebrated their wedding here.

The ceremony was attended by official delegations of the two countries, representatives of the public of Ashgabat, youth.

As is known, during the visit of the President of Turkmenistan to Uzbekistan, Ashgabat Park was opened in Tashkent, which became the embodiment of strong friendship between the peoples of the two countries.

The ceremony of launching the construction of the Khorezm – Dashoguz Border Trade Zone was also held here.

The construction of the Border Trade Zone is being carried out on the adjacent territory of the two countries in the area of the Shavat – Dashoguz checkpoint.

Today, a Protocol was also signed on the continuation of work on the creation and regulation of the activity of this facility. It is planned to create a modern infrastructure here, including trade pavilions, warehouse facilities, container sites and workplaces for entrepreneurs. The project will play an important role in the growth of mutual trade and the intensification of business contacts.

The elders of Khorezm and Dashoguz regions, responsible persons congratulated everyone on this significant event via videoconference and asked for permission to start activities.

The Presidents of Uzbekistan and Turkmenistan launched the construction.

The heads of the two countries expressed confidence that many more joint projects will be implemented in the future, contributing to strengthening the friendship and prosperity of the peoples of the two states.

Curran-inspired England beat Afghanistan to launch T20 World Cup bid

Perth, OCT 22: Sam Curran’s breathtaking five-wicket haul and some spectacular fielding led England to a five-wicket win over Afghanistan in their opening match at the Twenty20 World Cup on Saturday in Perth.

England skipper Jos Buttler won the toss and elected to field and his seam bowlers did the trick for the team billed as one of the tournament favourites.

Curran, a left-arm quick, returned figures of 5-10 — the first England bowler to take five wickets in a T20 — to send Afghanistan packing for 112 in 19.4 overs.

England, who crashed out in the semi-finals at the World Cup last year in the United Arab Emirates, achieved their target in 18.1 overs — but only after the Afghanistan bowlers proved a point by picking five wickets.

The bowlers stood out. Mark Wood struck with his first ball in the third over of the innings to get Rahmanullah Gurbaz, who had cracked a six in the previous over, caught behind for 10.

Ibrahim Zadran hit back with a six and two fours but the England fast bowlers largely kept a lid on the scoring for the first six overs of powerplay, when only two fielders are allowed outside the inner circle.

England’s star all-rounder Ben Stokes, who bowled the opening over and returned figures of 2-19, came back to get Hazratullah Zazai out, with Liam Livingstone taking a splendid running catch at full stretch in the deep.

Zadran attempted to keep up the tempo in his run-a-ball knock, which ended with a check shot to backward point off Curran. He made 32.

The series of stunning catches continued with Adil Rashid running backwards to complete an excellent take at deep mid-wicket to send back Najibullah Zadran and give Stokes his second wicket.

Buttler also joined in the catching heroics as he gloved a one-handed catch down the leg side to send opposition skipper Mohammad Nabi trudging back to the pavilion for three.

Wickets kept tumbling as Afghanistan nosedived from 91-4.

Curran picked two on successive balls, including Rashid Khan for a duck, to be on a hat-trick at the end of his third over.

Usman Ghani played out the hat-trick ball at the start of the 20th over but got out in the next ball as Curran wiped off the tail.

In reply, England lost openers Buttler (18) and Alex Hales (19) after a quick start, but Afghanistan’s fielders didn’t take their catches. Hales was dropped twice on four and 17.

Afghanistan kept striking as England lost half their side and Rashid Khan sent back Harry Brook.

Livingstone, unbeaten on 29, got the remaining runs with Moeen Ali, on eight, for company.

Taliban kill six Daesh members in Kabul raid

KABUL: Taliban security forces killed six Daesh members in an overnight operation in the Afghan capital, Kabul, a spokesman for the ruling group’s administration said on Saturday.

The Daesh members killed in the raid on their hideout were involved in two major attacks in recent weeks, one on a city mosque and the other on a tutoring institute in which dozens of female students were killed, said the spokesman, Qari Yusuf Ahmadi. 

“They were the attackers of the Wazir Akbar Khan mosque and also … of Kaaj Institute,” said Ahmadi, who said one Taliban security force member was killed in the operation.

No group claimed responsibility for either attack.

The blast at the female section of the Kaaj Institute education centre on September 30 killed 53 people, most of them girls and young women. 

On September 23, at least seven people were killed and more than 40 wounded in blast near a mosque in Wazir Akbar Khan, a heavily fortified neighbourhood once home to a “Green Zone” of embassies and foreign force bases. 

Since the Taliban took over in 2021, they say they have focused on securing the country after decades of war.

However, a series of blasts have rocked the capital and other urban areas in recent months and the United Nations has said security is deteriorating.

The Afghan affiliate of Daesh, known as Daesh Khorasan, after an old name of the region, are enemies of the Taliban.

Fighters loyal to Daesh first appeared in eastern Afghanistan in 2014, and later made inroads in other areas.

Taiwan says China must ‘discard old mindset’: govt agency

Taiwan said on Saturday that it is time for China to “discard its old mindset”, according to the government agency. Taipei accused Beijing on Saturday of maintaining an “old mindset” after China’s Communist Party enshrined its opposition to Taiwanese independence in its constitution.

“We call on the Chinese Communist government’s new leadership to discard its old mindset of invasion and confrontation and to resolve differences through peaceful, equitable and realistic means,” Taiwan’s Mainland Affairs Council said in a statement.

China’s Xi further cements power as party congress closes

BEIJING, OCT 22: China’s ruling Communist Party wrapped up its twice-a-decade congress on Saturday, cementing Xi Jinping’s iron grip on power and revealing a new Central Committee missing two key officials lacking close ties to the leader.

Xi, 69, is poised to clinch a third five-year leadership term as party general secretary, breaking with precedent and solidifying his place as China’s most powerful ruler since Mao Zedong, the founding leader of the People’s Republic of China.

The new leadership will be unveiled at around noon (9am PKT) on Sunday when Xi walks into a room of journalists at the Great Hall of the People, followed by the other members of the new Politburo Standing Committee (PSC) in descending order of rank.

In an unusual moment during the closing ceremony, former President Hu Jintao, seated next to Xi, was escorted off the stage. Looking distressed, Hu, 79, appeared to resist leaving as stewards escorted him out. He had looked slightly unsteady last Sunday when he was assisted onto the same stage.

The party’s new 205-member Central Committee, elected by delegates at the end of the week-long congress, did not include outgoing Premier Li Keqiang or former Guangdong party boss Wang Yang, who had been seen as a potential replacement as premier.

Analysts said their omissions were signs the powerful PSC, to be revealed on Sunday, is likely to be stacked with people close to Xi.

“The main theme of this congress, as seen in the constitutional amendment and the report, is to highlight the core status of Xi,” said Chen Gang, senior research fellow at the East Asian Institute in Singapore.

“With this congress, Xi’s authority grows even more. Going forward, we will see more concentration of power around Xi and around the centre,” he said.

Li and Wang Out

Li, who will step down in March as premier, and Wang, who heads the Chinese People’s Political Consultative Conference, are both 67 and therefore eligible under China’s age norms to serve another five years on the Standing Committee, which currently has seven members.

Neither is seen to have long-standing ties with Xi, who is likely to bring four new faces onto the Standing Committee, according to analysts and media reports.

Li and Wang both have ties with the Communist Youth League, a once-influential group that experts say has lost power under Xi.

The premier is charged with overseeing the world’s second-largest economy, although the influence of the position is widely perceived to have diminished as Xi has steadily consolidated control during his decade in power.

A Beijing-based politics scholar who asked not to be named because he is not authorised to speak with media, said Li had been the lone contrarian voice on the PSC.

“From the looks of it, Xi is free to do anything he wants. It means he no longer faces any resistance or checks and balance in the PSC. All future policies will be carried out according to his will,” the scholar said.

Current PSC members Wang Huning, 67, and Zhao Leji, 65, were both re-elected to the Central Committee and are expected to be reappointed to the Standing Committee.

Two other Standing Committee members are past retirement age.

Show of Hands

The party approved amendments to its constitution aimed at cementing the core status of Xi and the guiding role of his political thought within the party, which has about 96 million members.

Among the amendments, the “Two Establishes” define Xi as the “core” leader of the party and his ideas as the guiding principles of China’s future development. The “Two Safeguards” assure Xi’s “core” status within the party and the party’s centralised authority over China.

Another amendment enshrined “developing fighting spirit, strengthening fighting ability” in the party constitution, while a call to oppose and deter separatists seeking independence for Taiwan was also included for the first time.

Voting was conducted by show of hands in Beijing’s vast Great Hall of the People, where much of the week’s proceedings have taken place behind closed doors.

The congress concluded with a military band playing “The Internationale”, a socialist anthem.

At its first plenum on Sunday, the party’s new Central Committee will choose the next Politburo, which is typically 25 people, and its new Standing Committee.

Xi’s power appears undiminished by the events of a tumultuous year, including a sharp economic slowdown, frustration over his zero-COVID policy, and China’s increasing estrangement from the West, exacerbated by his support for Russia’s Vladimir Putin.

Stay Connected

64FansLike
60FollowersFollow

Latest Reviews

Exchange Rates

USD - United States Dollar
EUR
1.17
GBP
1.34
AUD
0.67
CAD
0.73