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US China Trade Deal Review Delayed
The US and China review of trade deal Phase 1, scheduled for 15th August 2020, was delayed. Scheduling conflicts and the need to allow time for more Chinese purchases of US exports, were quoted as reasons.
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MOF Explains Reasons For Price Hike
Pakistan’s Ministry of Finance explained the recent price hike in essential commodities and attributed it to upward adjustment in gas and electricity prices, market-based exchange rate, and increase in commodities’ prices in the international market. The MOF said that the GOP is planning “targeted subsidy” to provide relief to the deserving persons.
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Pakistan Agencies Intercept Indian Cyber Attack
Pakistan’s intelligence agencies identified and preempted a major cyber-attack by Indian Intelligence Agencies. This attacked involved hacking personal mobiles and technical gadgets of government officials and military personnel. This was disclosed by the Inter Services Public Relations (ISPR).
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National Assembly Passes 5 FATF Bills
Pakistan’s National Assembly passed five government bills related to the FATF through consensus. The GOP managed to build a consensus in order to incorporate its amendments in “The Anti-Terrorism (Amendment) Bill, 2020”. The bills moved by Law Minister Farogh Naseem included, “The Anti-terrorism (Amendment) Bill, 2020”, “The Limited Liability Partnership (Amendment) Bill, 2020”, “The Companies…
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Russia Claims Making COVID Vaccine
Russia’s President Vladimir Putin said that Russia is the first country to approve a COVID vaccine. But scientists and the World Health Organization (“WHO”) said more tests and safety reviews were needed.