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Articles for tag: connect, globally, Pakistan, Pakistan will connect Raast payment system globally, payment, Raast, system

July 23, 2024

News Desk

Pakistan will connect Raast payment system globally

KARACHI: Pakistan’s central bank is poised to connect Raast – the world’s most advanced instant payment system – to 60 countries within a year, including countries in the Middle East, with the aim of significantly boosting remittance inflows of repatriated Pakistani workers of abroad. The bank has received technical assistance from the International Monetary Fund (IMF) and the World Bank to introduce digital currency in the future. It is currently in the evaluation stage, assessing the need and process for the circulation of the currency in the country. State Bank of Pakistan (SBP) Deputy Governor Saleem Ullah noted that the

July 15, 2024

News Desk

K-pop stars Stray Kids return globally for UK festival debut

LONDON: “This is a highlight of his career,” said popular K-pop group Stray Kids as they headlined the Hyde Park Festival British Summer Time (BST) on Sunday. The eight-man group from South Korea debuted in 2018 after being formed by JYP Entertainment through a reality show. They have won fans around the world with their genre-blending sound and hit songs such as God’s menu, S-Class and Maniac. Consisting of members Changbin, Felix, Hyunjin, Lee Know, Han, Seungmin, Bang Chan and IN, Stray Kids returned to London after nearly five years to make their UK festival debut. “It’s a really big

July 11, 2024

News Desk

Rupee falls as dollar strengthens globally

KARACHI: The Pakistani currency depreciated by Rs 0.11 to settle at Rs 278.51 against the US dollar at the close of interbank trade on Wednesday, maintaining its two-way movement in the past one week ahead of the agreement on a new International Monetary Fund ( IMF ) loan program. According to State Bank of Pakistan (SBP) data, the rupee had closed at Rs 278.40 against the dollar on Tuesday. The new decline in the currency’s value was seen after the US dollar strengthened against other major global currencies, including the euro and the British pound. The Pakistani rupee continued to

July 9, 2024

News Desk

June 2024 hottest on record globally, surpassing 2023 highs: EU Climate Watch

The image shows a guard standing under the scorching sun as violent heat waves hit parts of Europe. — AFP/File PARIS: Last month was the hottest June on record worldwide, the EU climate watchdog said on Monday, capping a year of wild and destructive weather from floods to heatwaves in half. Every month since June 2023 has eclipsed its own temperature record in a 13-month streak of unprecedented global heat, the Copernicus Climate Change Service (C3S) said. “This is more than a statistical oddity and highlights a large and ongoing change in our climate,” said director of services, Carlo Buontempo.

December 24, 2023

News Desk

COVID-19 cases rise by 52% globally in past 28 days: WHO

More than 772 million confirmed cases and nearly 7 million deaths have been reported worldwide, WHO says A gray and red spiked ball representing the COVID-19 virus. — Unscrew Islamabad: The number of new cases of COVID-19 increased by 52% in the last 28 days, from November 20 to December 17, 2023, compared to the previous 28-day period, with over 850,000 new cases reported, the The World Health Organization (WHO) announced on Sunday. Although the number of new deaths fell by 8% compared to the previous 28-day period, with over 3,000 new deaths reported, by 17 December 2023, over 772

December 7, 2023

News Desk

Iftar is globally recognized as a ‘cultural heritage’

Centuries-old communal tradition observed with religious fervor represents Muslim culture in countries around the world Residents of Ezbet Hamada take part in an iftar meal, Mataria, Cairo, Egypt, April 16, 2022. — Reuters The United Nations Educational, Scientific and Cultural Organization (Unesco) added Iftar — the meal that Muslims must break their fast, especially in the month of Ramadan — on the list of intangible cultural heritage. The application for socio-cultural tradition was jointly submitted by Iran, Turkey, Azerbaijan and Uzbekistan to Unesco. Although the concept of Iftar it is more religious than cultural, communities observe it with such gusto

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