KARACHI: Well-known economist Dr Kasier Bengali has said that Pakistan’s economic policies are being made in Washington and the International Monetary Fund (IMF) has sent its people to sit in major institutions, which is why there is no mention of the China-Pakistan Economic Corridor (CPEC) in the budget 2020-21. Speaking during a webinar organised by the Pakistan Institute of Labour Education and Research (Piler) on Sunday, he said due to the influence from the West the government had placed CPEC in cold storage. “Pakistan’s economy is mainly relying on foreign…
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Tourists back in Venice as city looks to the future
The city of Venice has reopened after months spent by locals enjoying the quiet of lockdown, but at the same time counting costs of the complete lack of tourists. All agree that the tide of money is needed, but some are wary of mass tourism.
Read MoreThe world’s first 5G mobile networks are still more patchy than powerful
The hype for the next-generation of mobile technology has been in full force since Qualcomm declared “5G is here, and it’s time to celebrate” in February of last year.The reality, however, has required patience from consumers because of the time needed to roll out the new networks and the dearth of applications to put additional speed to compelling use.A year after South Korea launched the world’s first full commercial 5G mobile network and months after China opened the world’s biggest, Bloomberg News reporters tested the leading carriers in both countries…
Read MoreIndia shut down its economy to contain the coronavirus. It’s now one of the most affected countries
India’s coronavirus cases have spiked in recent days, fueling concerns the situation could spiral out of control even as the country starts to reopen after weeks of stringent lockdown. India is the fourth worst-hit nation in the world, with cumulative infection numbers over 320,000 — behind only the United States, Brazil and Russia, according to Johns Hopkins University data. Daily reported cases in South Asia’s most populous nation hovered near, and sometimes exceeded, 10,000 per day over the last several days. As of 8 a.m. local time Sunday, there were…
Read MoreWHO clarifies comments on asymptomatic spread of coronavirus: ‘There’s much unknown’
The World Health Organization tried on Tuesday to clear up confusing comments about how often people can spread the coronavirus when they do not have symptoms.The organization held a live Q&A on its social media pages to address questions about comments made by a WHO official that suggested asymptomatic people only rarely spread Covid-19.The comments appeared to directly contradict guidance from public health organizations, including the US Centers for Disease Control and Prevention, which have said about a third of coronavirus infections may be asymptomatic. The CDC also estimates that…
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