Month: April 2020

Sindh Chief Minister Murad Ali Shah has announced that businesses in the province will open four days a week from 9am to 3pm. As per details, the decision has been taken during a meeting of the Sindh cabinet which was chaired by Murad Ali Shah. It has been decided that all shops, including grocery and others will operate from Monday to Thursday from 8am to 5pm. The Sindh government will also issue SOPs for the businesses which will be implemented immediately. In case of any violation of the SOPs, the…

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As the world continues to grapple with the worst global pandemic in living memory, economists everywhere are warning that we are witnessing the unraveling of something far grimmer than the 2008 financial crisis: the Great Depression 2.0. The signs are legion: Unprecedented levels of job and capital destruction, decimated consumer spending, underperformance by nearly all major financial markets, and a breakdown in the world fiscal order. Even giant economic powerhouses have not been spared, with California–one of the wealthiest states in the United States thanks to its booming tech sector–having…

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President Donald Trump returned to the lectern Thursday after a government scientist’s presentation about studies showing that sunlight, humidity and disinfectants kill the coronavirus on surfaces — in some cases within seconds. What Trump suggested next later sparked warnings from doctors and manufacturers of household cleaners. Bill Bryan, an undersecretary at the Homeland Security Department, told reporters during the White House’s daily task force briefing that research had shown bleach could kill the virus in saliva or respiratory fluids in five minutes and isopropyl alcohol could kill it even more…

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US scientists say coronavirus dies the fastest when it is exposed to direct sunlight, though a study cited has not yet been made public and awaits external evaluation. William Bryan, science and technology adviser to the Department of Homeland Security, told reporters at the White House on Thursday that government scientists found ultraviolet rays had a potent impact on the pathogen, offering hope its spread may ease over the summer. “The virus dies quickest in the presence of direct sunlight,” “Our most striking observation to date is the powerful effect…

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LAHORE: National Transmission and Despatch Company (NTDC), a company falling under the Ministry of Energy (Power Division), has prevailed in an international commercial arbitration initiated by an Iranian company (GAM ARAK Ind. Co.) in 2017 before an arbitral tribunal constituted under the rules of the International Chamber of Commerce (ICC), Paris. According to the NTDC spokesman, “In its detailed award released on 24 April 2020, the arbitral tribunal has dismissed all claims brought by the Iranian company and accepted and granted several counterclaims of NTDC amounting to approximately Rs714 million ($4.5…

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