Sherry Rehman listed among 25 Most Powerful Women of Financial Times

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Sherry Rehman listed among 25 Most Powerful Women of Financial Times

Sherry Rehman listed Among 25 Most Powerful Women of 2022 by Financial Times

Financial Times lists Senator Sherry as one of 25 Most Influential.

The “influential women” for the unranked list were chosen from three categories – leaders, heroines, and creators. Nicola Sturgeon, the first minister of Scotland, described Sherry Rehman as a “negotiator with grit” in the FT’s issue on the 25 most influential women.

“Last month, at COP27, Rehman delivered a riveting address revealing the inequity at the heart of climate change, documenting the terrible floods in Pakistan.” She informed us that the deal established between the North and South is ineffectual. She caused industrialized countries to pay attention because of the persuasiveness of her argument, Sturgeon wrote.

“Her negotiation skills, pragmatism in overcoming obstacles developed nations placed in her path, and her advocacy voice were essential in the progress on loss and damage at COP27,” the Scottish leader wrote. “Her moral power, standing up for communities affected by climate change, resulted in the historic decision to create a fund, giving many people in the global south fresh hope.

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“I am confident that Sherry will continue to fight for climate justice, global financial reform, and the critical funding required to secure a future for the areas of Pakistan affected by this year’s floods for a long time.” The FT list also included individuals like tennis player Serena Williams, podcaster Meghan Markle, and Finland’s Prime Minister Sanna Marin.

Who is Sherry?

A Pakistani politician, journalist, and former diplomat was born on December 21, 1960. Since 2015, he has served in the Senate of Pakistan. She served as Pakistan’s ambassador to the United States from 2011 to 2013 and was the first female Leader of the Opposition in the Senate from March to August 2018. As of right now, she holds the position of Federal Minister for the Ministry of Climate Change.

Musk Quotes Tim Cook: Apple Never Consider Removing Twitter from Store

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Musk Quotes Tim Cook: Apple Never Consider Removing Twitter from Store

Elon Musk quotes Tim Cook as saying Apple never considered removing Twitter from the Apple Store

Elon Musk met Apple CEO Tim Cook two days after ‘war’ declarations.

Musk says that after discussing certain misunderstandings, they have been resolved. More importantly, he maintains that Apple “never considered” taking Twitter off of the Apple Store.

On Wednesday, Musk shared a video that appeared to show the meditation area inside the Cupertino, California, campus of Apple. Apple employees reportedly observed Musk and Cook together on campus on Wednesday, according to New York Times writer Kate Conger’s tweet.

The explanation came in response to Musk’s cryptic tweet from earlier in the day, in which he claimed Cook had shown him around Apple’s campus. A shadow of two people—Musk and another someone who resembles Cook—can be seen in a video.

If the meeting did take place, it did so after Musk earlier in the week expressed his displeasure with Apple and its CEO. Musk, who refers to himself as Twitter’s “Chief Twit,” charged Apple on Monday with abusing its dominant position by controlling the App Store. He added that the business was against free speech.

Musk also took issue with Apple’s levies, which deduct 15% to 30% of digital sales made through iPhone apps. If Musk is successful in his ambition to greatly increase Twitter’s subscription fees and those features are sold through the Twitter iPhone app, Apple stands to profit from Twitter.

Did you realize that everything you purchase from Apple’s App Store is subject to a 30% hidden tax?

In a tweet on Monday, Musk. On Monday, he also mentioned Tim Cook on Twitter and inquired about the status of a potential suspension of the Twitter app.

Musk criticized Apple in a number of tweets on Monday, saying that the company’s App Store moderation practices went against the principles of free speech. Republican senators later echoed Musk’s criticism. He entertained the idea of building his own smartphone over the weekend.

Twitter might face a major challenge if Apple opted to remove the social media platform from its App Store, which would stunt user growth. Additionally, Musk’s intentions to charge Twitter users $8 a month for verification may be affected by Apple’s 30% cut.

Musk criticised Apple in a number of tweets on Monday, saying that the company’s App Store moderation practises went against the principles of free speech. Republican senators later echoed Musk’s criticism. He entertained the idea of building his own smartphone over the weekend.

Twitter might face a major challenge if Apple opted to remove the social media platform from its App Store, which would stunt user growth. Additionally, Musk’s intentions to charge Twitter users $8 a month for verification may be affected by Apple’s 30% cut.

 

Pakistan Announced Scholarships for Afghanistan Students

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Pakistan Announced Scholarships for Afghanistan Students

Pakistan Announced Scholarships for Afghanistan Students

Pakistan offers scholarships to 4,500 students for bilateral relation.

The Pakistan Federal Government offers 4,500 scholarships for Afghanistan students, Undergraduate, Graduate (MS/MPhil), and Doctorate (Ph.D.) degrees in subjects such as medicine, engineering, agriculture, management, computer science, and others through the Higher Education Commission (HEC).

The following is an overview of the Allama Muhammad Iqbal Scholarships Phase-III for Afghan students:

Objectives

The specific project objectives include.

  • To sponsor Afghan students for quality education
  • To establish professional linkages between the sister institutions of the two countries.
  • To promote human resource development for the reconstruction of Afghanistan
  • To develop people-to-people contact between the two neighboring countries
  • To create Pakistan’s goodwill among the people of Afghanistan and to establish professional linkages between the institutions of the two countries.
  • To provide an opportunity for Pakistani universities to attract students from neighboring countries for quality education.

Eligibility Criteria

For Bachelors

Candidate must:

  • Have completed 12 years or equivalent education.
  • Be between the ages of 17-23 years before the deadline.
  • Have at least 75 percent in Shahdatnama or 60 percent in IBCC equivalency.
  • Fulfill Pakistan Medical and Dental Council (PM&DC) and Pakistan Engineering Council (PEC) admission criteria of 65 percent and 60 percent, respectively, if her/she is a medical or engineering student.

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For MS/MPhil

Candidate must:

  • Be 35 years old or below if he/she is a non-faculty person. For faculty members, the age limit is 40 years.
  • Have completed 16 years of education.
  • Have a minimum 2.5 CGPA out of 4.

For PhD

Candidate must:

  • Be 35 years old or below if he/she is a non-faculty person. For faculty members, the age limit is 40 years.
  • Have completed 18 years of education.
  • Have a minimum 3 CGPA out of 4.

How to Apply

Candidates can apply through the HEC’s scholarship portal. It’s worth noting that the portal is currently unavailable. Candidates should be able to apply when HEC announces the registration deadline.

Deadline

The HEC has not announced the last date for the submission of the online application yet.

Other Details

  • HEC will not accept applications in hard form.
  • HEC will not cater to requests for any changes in the submitted application.
  • Candidates who are already enjoying any other scholarship will be rejected.

Contact

For any queries or complaints, candidates can visit HEC’s website, Email pan@hec.gov.pk or pakafghan@hec.gov.pk.

Official Published: Pro Pakistani

Pakistan’s Inflation Reached 23.8% in November 2022

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Pakistan’s Inflation Reached 23.8% in November 2022

Pakistans Inflation Reached 23.8% In November 2022

Pakistan’s YoY inflation drops to 23.84% in Nov 2022, down from 26.6%.

Pakistan’s inflation Month-over-month (MoM) growth increased to 0.8 percent in November 2022 compared to 4.7 percent growth the month before and 3 percent growth in November 2021. As a result, the average inflation rate for 5MFY23 increased to 25.14 percent from 9.32 percent in 5MFY22.

Compared to the previous month’s growth of 24.6 percent and November 2021’s increase of 12.0 percent, the CPI inflation rate in the urban sector jumped to 21.6 percent YoY in November 2022. In November 2022, it climbed by 0.4 percent month over month, compared to increases of 2.9 percent in November 2021 and 4.5 percent the month before.

In November 2022, the CPI in Rural grew by 27.2 percent YoY, up from 10.9 percent in November 2021 and 29.5 percent the month before. On a month-over-month basis, it grew to 1.3 percent in November 2022, up from 3.1 percent in November 2021 and 5.0 percent in the month before.

SPI inflation year over year jumped to 27.1 percent in November 2022 from 24.0 percent the month prior and 18.1 percent in November 2021. On a month-over-month basis, it rose by 6.1 percent in November 2022 vs a fall of 1.5 percent the previous month and a rise of 3.6 percent the previous month.

In November 2022, Pakistan‘s WPI inflation climbed on a year-over-year basis by 27.7 percent, up from 27.0 % in November 2021 and 32.6 percent in October. On a month-over-month basis, it fell by 0.02 percent in November 2022, down from a drop of 0.5 percent in October and a rise of 3.8 percent in

Core Price Rise (NFNE)

based on non-food/non-energy metrics (NFNE) In November 2022, urban growth reached 14.6 percent YoY, up from 7.6 percent in November 2021 and 14.9 percent the month before. On a month-over-month basis, it climbed by 0.8 percent in November 2022, down from 1.3 percent in the previous month and 1.1 percent in the same month the previous year, in November 2021.

By non-food/non-energy Rural, it grew to 18.5 percent YoY in November 2022, up from 8.2 percent in November 2021 and 18.2 percent the month before. On a month-over-month basis, it rose by 2.1 percent in November 2022, compared to increases of 1.5 percent the month before and 1.8 percent in the same month the previous year, i.e. November 2021.

Core price Rise (Trimmed)

Urban CPI, calculated using a 20 percent weighted trimmed mean, rose to 19.8 percent YoY in November 2022 from 22.0 percent the month before and 9.8 percent in November 2021. On a month-over-month basis, it rose by 0.5 percent in November 2022 as opposed to 1.9 percent in the previous month and 1.7 percent in the same month the previous year, i.e. November 2021.

CPI Rural rose to 25.4 percent YoY in November 2022 from 26.7 percent the previous month and by 9.5 percent in November 2021, as measured by a 20 percent weighted trimmed mean. On a month-over-month basis, it grew to 1.8 percent in November 2022, up from increases of 2.7 percent the month before and 2.2 percent in the same month the previous year, ex. November 2021.

The National Consumer Price Index for November 2022 is up 0.76 percent from October 2022 and up 23.84 percent from November 2021, the previous year’s equivalent month. The Urban Consumer Price Index for November 2022 is up 0.38 percent from October 2022 and up 21.56 percent from November 2021, the previous year’s equivalent month.

In comparison to October 2022, the Wholesale Price Index fell by 0.02 percent in November 2022. It grew to 27.73 percent in comparison to November of the prior year, 2021.

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Google App Payments Problem is Fixed: IT Ministry

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Google App Payments Problem is Fixed: IT Ministry

Google Payment resolved; IT Ministry instruct SBP postpone DCB policy.

The Federal Minister Syed Amin Ul Haque’s suggestion to develop an efficient procedure and make payments against Google App services was accepted, according to a statement from the IT ministry.

Generally speaking, the DCB is a form of online mobile payment that enables customers to make purchases by charging funds to their mobile phone carrier account.

After the agreement, payments will be sent to Google according to schedule, according to Haque, who also said that all of its application services will continue to be available.

The federal minister added that the SBP has been instructed to put off for a month the implementation of its DCB policy.

The announcement follows widespread reports that certain payments to Google have been halted and that Pakistani consumers will no longer have access to Play Store services as of December 1.

The SBP refuted the reports, stating that it has removed banks and telcos from its list of approved parties for such transfers in light of “the violation of foreign exchange regulations.”

“During recent off-site reviews, it was discovered that telcos were remitting the majority of the funds for video games, entertainment content, etc., purchased by their customers using airtime, under Direct Carrier Billing (DCB),” the SBP said in a statement on Saturday. “In addition to using the mechanism to remit funds for IT-related services for their own use.

According to the SBP

Telco were letting their consumers buy these products using airtime and then sending money outside to depict those transactions as payments for IT-related services.

As a result, the telco effectively served as payment aggregators or mediators by making it easier for their users to purchase services. Therefore, the SBP cancelled the designation of banks for telecommunications for violating foreign exchange restrictions

However, telecoms have been instructed to resubmit their requests through their banks in order to support their legal IT-related payments.

According to the statement, if an organization, including a telco, wants to act as an intermediary or payment aggregator and the arrangement involves the outflow of foreign currency, the organization must separately contact the central bank through its bank to request special permission to offer these services.

In the meantime, telecom operators have been given a month to implement payment procedures, according to a statement from the IT and Telecom minister on Thursday.

The Ministry of IT, Finance, and the SBP would develop a combined action plan for the future during this time.

“A letter was addressed to Finance Minister Ishaq Dar to make the payments and set a time frame on the request of the telecom providers for assistance,” added Haque.

The minister also thanked Tariq Bajwa, the special assistant to the prime minister, and Finance Minister Ishaq Dar for their prompt action on the matter.

SBP spokesperson Abid Qamar had earlier told Business Recorder that the central bank is still in contact with the sector over this problem and that a solution would be found.

PPP observed today its 55th Foundation Anniversary

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PPP observed today its 55th Foundation Anniversary

PPP observed today its 55th Anniversary

PPP Women Wing Peshawar celebrates 55th Foundation Anniversary super.

The party was Founded in 1967 in Lahore. Today its 55th Foundation anniversary. When a number of prominent left-wing politicians in the country joined hands against the military dictatorship of President Ayub Khan. Under the leadership of Zulfikar Ali Bhutto. Affiliated with Socialist International, the PPP‘s platform has formerly been socialist, and its stated priorities continue to include transforming Pakistan into a social-democratic state. Promoting secular and egalitarian values, establishing social justice, and maintaining a strong military. Pakistan Muslim League-Nawaz and the Pakistan Tehreek e Insaf is one of the 3 largest political parties in Pakistan.

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Senator Rubina Khalid, Provincial President of the Women Wing, was the chief guest on this occasion, and a significant number of elected councilors, women, and employees attended the event and cut the party’s birthday cake. Senator Rubina Khalid stated that Zulfiqar Ali Bhutto established the Pakistan People’s Party 55 years ago.

Which was a significant gift to the people of Pakistan. According to Rubina Khalid, efforts and plots were attempted to demolish the PPP. But they failed because of their sturdy foundations. She stated that the PPP is the country’s most popular party for forming the federal government.

Shaheed Benazir Bhutto was the link in the country’s development chain. The PTI must first address questions regarding the province’s poor economy before resigning. On the occasion, Shahnaz Shamsher stated that the PPP is an ideology party of women and the underprivileged.

Rupee Increase Against the US Dollar

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Rupee Increase Against the US Dollar

The Pakistani rupee was up 0.13% against the US dollar in early trade.

Around 11 a.m., the rupee’s price was 223.67, up Re0.28 from earlier in the day’s trade. The rupee closed at 223.95 on Wednesday, unchanged versus the US dollar. Ishaq Dar, the federal minister of finance and revenue, announced on Wednesday that efforts to prevent the smuggling of US dollars into “neighboring” nations, will benefit the economy.

Dar continued by saying that the administration is working to stabilize the economy. As traders focused on remarks made by Federal Reserve Chair Jerome Powell that interest rate rises might be dialed down “as soon as December,” the dollar fell to a three-month low against the yen on Thursday.

While adding that “keeping policy at a tight level for some time” is necessary to contain inflation, Powell stated on Wednesday that “slowing down at this point is a sensible approach to balance the risks.”

The probability that the Fed will raise interest rates by 50 basis points on December 14 is presently pegged at 91%, with a 9% possibility that rates would rise by another 75 basis points on the same day. Around May, the peak is visible at a lower 5%.

The dollar index, which compares the value of the dollar to six important currencies, including the yen and the euro, continued its more than 1% decline from Wednesday into Thursday, falling another 0.09% to 105.69. Early Asian trade on Thursday saw a sharp increase in oil prices, a major measure of currency parity, driven by evidence of tighter supply and hope for a resurgence in Chinese demand.

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Khan Pays Tribute to New Army Leadership, Urges COAS to Rebuild Public

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Khan Pays Tribute to New Army Leadership, Urges COAS to Rebuild Public

 

Imran Khan Tribute New Army Leadership and Requests COAS to Rebuild Public Confidence

Imran Khan praises Pakistan Army new leadership, hope to bridge trust.

On Twitter, Imran Khan tribute to the newly appointed Chief of Army Staff (COAS), General Asim Munir, and Chairman of the Joint Chiefs of Staff Committee, General Sahir Shamshad Mirza (CJCSC).

Khan used a passage from Pakistan’s founding father Muhammad Ali Jinnah to remind the military of their responsibility in a democracy.

The resolute politician, who was removed in a no-confidence vote and is currently embroiled in a number of legal battles, declared that the military leadership must address the growing mistrust that the populace has for the government over the past eight months.

Asad Umar, the secretary general of the PTI, and other PTI leaders have recently encouraged the new army leadership to restore the “broken trust between the people and the military.”

Prior to handing over leadership to General Asim Munir on Tuesday, former Chief of Army Staff General Qamar Javed Bajwa, 70, and the PTI chief met in secret.

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Virus Affected 14 Members Of England Squad

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Virus Affected 14 Members Of England Squad

The Virus Affected 14 Members Of England Squad
Weird illness hits Ben Stokes and 13 other England Squad in Pakistan.

14 members of the England Squad became unwell as a result of a virus, which is big news out of Pakistan. What kind of virus it remains unknown. Their captain, Ben Stokes, is one of the injured players.

England Squad’s illness

The illness severely affected the England Test team, who is visiting Pakistan after a 17-year break. Thirteen others have also become ill. Only those players who are attending the first Test in Rawalpindi, which begins on December 1, Harry Brook, Zak Crawley, Keaton Jennings, Ollie Pope, and Joe Root, are unaffected (Friday), according to Test Match Special.

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The status of the first Test is yet unknown. There are only two days left in the test match, and the visiting team will be unable to pitch an 11-man lineup with 14 players out due to illness.

There has been no statement on the subject from Pakistan Cricket Board or England Cricket.

Not to mention, the England squad has been enjoying the hospitality of the cricket-crazy nation since landing in Pakistan to play a Test series after 17 years. The ICC Men’s T20 World Cup 2022 final between England and Pakistan just took place, and the Three Lions prevailed to win their second championship.

The team which is under the leadership of Babar Azam will extremely get motivate to face England. They had hosted Australia earlier, who had defeated them in the Test series. Before the T20 World Cup, England recently made a brief tour to play seven T20 Internationals, which they won 4-3.

Under the direction of Stokes and head coach Brendon McCullum, the Test team would be striving to do the same.

However, it would be curious to see how the series plays out on December 1 in Rawalpindi given that 14 players are ailing. Before the first Test, let’s hope the illness is not too serious and the players will fully recover.

 

China’s Former Leader Jiang Zemin Dead

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China’s Former Leader Jiang Zemin Dead

China Former Leader Jiang Zemin Dead

China’s former leader Jiang Zemin, has passed away at the age of 96.

Jiang Zemin assumed control in the aftermath of the Tiananmen Square crackdown and guided the world’s most populous country to its emergence as a worldwide force.
“Jiang Zemin died of leukemia and multiple organ failure in Shanghai Today Nov. 30, 2022, at the age of 96,” Xinhua stated.
When Jiang took over as President in 1989, China was still in the early phases of economic modernization. By the time he stepped down as president in 2003.

China joined the World Trade Organization. Beijing had secured the 2008 Olympics, and the country was well on its path to becoming a superpower.

Under Jiang’s leadership, China saw significant economic growth, witnessed the repatriation of Hong Kong from the United Kingdom in 1997 and Macau from Portugal in 1999, and strengthened its connections with the rest of the world, all while the Communist Party maintained tight control over the state.

However, Jiang received criticism for human rights violations, which led to the suppression of the Falun Gong movement. In 2002, the CCP constitution was amended to include his contributions to party theory, known as the “Three Represents” Jiang progressively relinquished his formal leadership positions from 2002 to 2005 (being superseded in these duties by Hu Jintao),

Although he continued to exert influence until much later. At 96 years and 105 days. old Analysts believe Jiang and his “Shanghai Gang” clique remained influential in communist politics even after he left the top office. He has his wife and two sons in his family.

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