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The World Health Organization (WHO) reclassified the highly contagious triple-mutant COVID variant currently in India as a “variant of concern,” indicating that it’s become a global health threat.   This was announced by the WHO lead COVID scientist, Maria van Kerkhove. She said, “There is some available information to suggest increased transmissibility of the B.1.617,…

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Israel attacked Gaza in Palestine after tensions escalated. Rockets were fired into Israel and it retaliated by attacking compounds, media houses and other civilian areas. Earlier Israel had attacked the Al Aqsa Mosque which started this whole sequence.   Israel refers to such actions as ‘mowing the lawn’.  

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Iran confirmed that it is in talks with Saudi Arabia to resolve issues and to de-escalate tensions. This was confirmed by the Iranian Foreign Ministry Spokesman Saeed Khatibzadeh. He said, “Iran was waiting for the outcome of the talks,and we welcome resolving of the issues that have existed between the two countries and we will…

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Pakistan’s federal government (“GOP”) decided to form new institutions to meet the FATF requirements. Work is underway regarding amendments to the Anti-Money Laundering Act and anti-terrorist financing laws, to present at the FATF meeting in June. The National Counter-Terrorism Authority, Interior Ministry, Law Ministry, Federal Board of Revenue, and Finance Ministry are working on these changes.…

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Pakistan’s Chief of Army Staff (COAS) General Qamar Javed Bajwa accompanied by the Inter-Services Intelligence (ISI) head Lt. Gen Faiz Hameed reached Kabul on an unannounced visit. They called separately on President Dr. Ashraf Ghani and Abdullah Abdullah, Chairman of the High Council for National Reconciliation.   Pakistan’s COAS said that a peaceful Afghanistan means…

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Pakistan and Saudia Arabia reaffirmed their brotherly ties and cooperation, while Pakistan’s Prime Minister Imran Khan was visiting Saudia Arabia.   Regional matters, the economy and peace in Afghanistan were discussed.   Quarterly Review Video.

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Pakistan‘s Large Scale Manufacturing Industries (LSMI) for July to March FY21 increased by 8.99% as most of the major manufacturing sectors posted growth.   According to provisional Quantum Index numbers of Large Scale Manufacturing Industries (QIM), the LSMI output increased by 22.39% for March 2021 (last: -7.66%).   Quarterly Review Video.

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Pakistan and Saudia Arabia discussed the Afghan peace process and other aspects of mutual interest.   Saudi Crown Prince Mohammed bin Salman acknowledged Pakistan’s role towards regional peace and stability. According to the ISPR, Chief of the Army Staff (COAS) Gen Qamar Javed Bajwa held meetings with the Saudi crown prince Mohammad bin Salman. The…

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Pakistan’s Prime Minister Imran Khan departed for Saudi Arabia on a 3 day official visit, on the invitation of crown Prince Mohammad bin Salman bin Abdulaziz.   Quarterly Review Video.

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It was reported that Amazon is going to add Pakistan to its sellers’ list in the This was revealed by the Advisor to the PM on Commerce.   This is an important milestone of the e-Commerce policy and will help SMEs in their work.   Corporate Advisory VIDEO.

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Quarterly Review Video.   Fitch International asked Pakistan’s Finance Ministry policy the following questions regarding China potentially bailing out Pakistan in a situation:   What is the estimate for economic growth in FY 2021 and forecast for FY 22? How will the most recent wave of the Coronavirus impact growth outlook? What do you view…

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Seven kilograms of pure uranium was seized in India, inn Maharashtra from two persons wanting to sell it. The Bhabha Atomic Research Center of India confirmed the seized uranium was highly radioactive and pure.   This seizure has raised many questions regarding India’s control over nuclear material.

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