Monday , 24 July 2017

World in shock as Trump surges to victory in US

BERLIN: Governments from Asia to Europe reacted with stunned disbelief on Wednesday to the victory of Donald Trump in the US presidential election, while populists hailed the result as a triumph of the people over a failed political establishment. German Defence Minister Ursula von der Leyen, an ally of Chancellor …

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India’s Hindu Sena celebrates Trump victory

A far-right Hindu group, which has been one of Donald Trump’s most avid overseas cheerleaders, began celebrating in New Delhi on Wednesday as the Republican pulled off a shock US presidential election victory. Vishnu Gupta, chief of the ultra-nationalist Hindu Sena outfit, said supporters had taken to the streets to …

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Hope, fear and laughter: Twitter reacts to Trump’s win the best way it knows how

As the world turned its anxious gaze on the United States on Wednesday, the country’s 200 million-strong electorate chose Republican candidate Donald Trump as their 45th president. 10 funniest memes of Trump caught peeking at wife’s ballot Needless to say, Trump’s win divided the internet and many were quick to …

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US leadership ‘as important as ever’: NATO chief

BRUSSELS: US leadership is essential in facing up to new security challenges, NATO head Jens Stoltenberg said on Wednesday as he congratulated Donald Trump on a stunning US election victory. “We face a challenging new security environment, including hybrid warfare, cyberattacks, the threat of terrorism. US leadership is as important …

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Forget glamour, model Lily Cole wants tech for good to encourage women, girls

LISBON: As a British supermodel and actor, Lily Cole has lived a life of glamour, but it is her new role as a social entrepreneur using technology to do good that she hopes will inspire women. Scouted on a London street in 2002 at age 14 and featured on the …

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World Bank to help Pakistan design new tariff policy

ISLAMABAD: The World Bank has agreed to provide technical assistance to Pakistan in its efforts to frame a new tariff structure aimed at giving a boost to national exports and government revenues. The offer of technical assistance came after a proposal in that regard was floated by Commerce Minister Khurram …

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New Islamabad Airport will further promote the progressive image of Pakistan: PM

ISLAMABAD: Prime Minister Nawaz Sharif on Tuesday said that the new Islamabad Airport will be an icon of excellence and will further promote the progressive image of Pakistan. The prime minister expressed these views while chairing a meeting on Pakistan International Airlines (PIA) and aviation affairs at the PM House. …

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Line sticks to the global shadows despite splashy IPO

LISBON: It staged one of the year’s biggest IPOs but messaging app Line, while a huge draw among teens in Asia, says it has no big ambitions to take on Western giants such as Facebook on their home turf. The Japan-based company known for its popular cartoon “stickers” — a …

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Stocks slide, ATMs run dry after India rupee shock

NEW DELHI: Cash machines ran dry and stocks tumbled in India Wednesday after Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee notes from circulation in a dramatic blitz on tax evasion. In a televised address to the nation late Tuesday, the Indian premier announced the notes …

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German pharma giant divests interests

KARACHI: Germany’s Merck KGaA has executed a binding contract to divest its shareholding in Pakistan to Martin Dow Ltd, a leading pharmaceutical company in Pakistan. The companies also agreed on long-term agreements whereby the business in Pakistan will have access to Merck healthcare and life science portfolios, ensuring continued supply …

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