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Found 23 results
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Brad Pitt says 'I think all our hearts are broken' -
Punjab's political turmoil unlikely to abate as govt fails to present budget
ADMIN posted a blog entry in Geo News Blog
Deadlock with PA Speaker Pervaiz Elahi continues as he refuses to accept governor's decision to hold session at Aiwan-e-Iqbal today -
Analysts believe much-needed clarity on the political front reinvigorated investors' confidence in riskier assets
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'Mass resignations' the solution to political turmoil, Sheikh Rasheed says
ADMIN posted a blog entry in Geo News Blog
"We should take to the streets and expose these hired guns," interior minister says, referring to the Opposition -
Owen stresses need for creating more opportunities for football players if Pakistan wants to have a better future in sport
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From stability to turmoil ? what's going on in Kazakhstan
ADMIN posted a blog entry in Geo News Blog
Protests spread, tapping into a wider sense of discontent over endemic state corruption, income inequality and economic hardships -
The Indian Cricket Team is going through a bit of turmoil at the moment after Virat Kohli was sacked as the captain of the Indian cricket team in ODIs and Rohit Sharma was crowned as the new skipper. Following this transition of power, the second biggest development occurred during Kohli’s notorious press conference just before leaving for South Africa for a Test and ODI series. In front of several media members and eventually, in front of the entire Indian cricket fandom that’s available on social media, Kohli directly contradicted the BCCI President Sourav Ganguly while practically calling him a liar. This is getting serious between virat kohli and dada Both have opposite words Definitely not a good sign for indian cricket.#BCCI pic.twitter.com/9owZ3jnnBC — Frozen (@ein_scofield) December 15, 2021 During the online presser, Kohli said that when he presented his desire to give up the T20I captaincy earlier this year, his decision was welcomed by the Indian cricket board and not a single person said anything against it. The problem is that merely days before Kohli’s conference, Ganguly had admitted that he’d made a “personal request” to Kohli remain the leader in the shortest format of the game but because he was feeling too overwhelmed with responsibilities and wanted to manage his workload better, he decided to go ahead with it anyway. View this post on Instagram Clearly, such completely opposite statements by two of the most important people in the action plan of Indian cricket send a not-so-good message to the rest of the world. While others are simply wondering why and how did things get so out of hand within the BCCI so much and so quickly, Pakistani fans managed to take responsibility for the disruption. According to them, the reason for all the commotion within the Indian cricket board comes from the loss they took against Pakistan in the first round of the T20 World Cup 2021 and that the 10-wicket loss had a lasting and scarring impact on the Men in Blue: India lose one game to Pakistan and all hell breaks loose. Captain gets sacked, players ‘pull out’ of tours’, conflicting statements and so much more. That 152-0 loss has had a huge impact on Indian cricket it seems! #BCCI — Haroon (@hazharoon) December 15, 2021Yes that was a big blow for indian cricket. https://t.co/TqhBawhALd — Engr. Rana Usman Sarwar (@ranausman1505) December 16, 2021This was normal till they did not refused to play bilateral series against Pakistan https://t.co/hkWg2RK74b — عبداللہ (@SKBeleives1) December 15, 2021could be reason why they keep cancelling the pre scheduled matches and tournaments with us https://t.co/ruIAaRNIIF — Umer Bhatti (@Randomyzer) December 16, 2021Exactly if Pak will beat them 2 3 more times, they will be pushed back for 5 10 years atleast thats what happened to pak.. After stop playing bilateral, pak never won except ct17 and t20 21…this y we were/are so much behind from World cricket Now I can see our crkt is improving https://t.co/4FjwGophE2 — A Hassan (@CrazyFanofCric) December 16, 2021This impact will remain for 152 years https://t.co/yW0pGA72Dk — Rana Ali Raza (@rana_ali_raza_) December 15, 2021 Obviously, with such wide theories being thrown at the Indian cricket team, Indian fans were not going to stay silent and there was an enmourmous level of backlash as well: Yeah. India is scared to loose a game. That’s the nature. Then there is Paxtan lost 12 consecutive games in WC and acting like nothing happen. Next level shamelessness. We ain’t like that. — 10daysforSAtour (@LivinginPantEra) December 15, 2021All 12 loss in wc let pcb borrow some funds from icc = bcci pic.twitter.com/esVoXM2V8N — Rushikesh (@Rushike26050170) December 15, 2021@hazharoon bhai bookmark this video and please everytime see this whenever you wish to comment anything wrt to Indian cricket.And yes sorry your govt has also taken loan from IMF if I may remind you. Baaki take care. pic.twitter.com/Pow8vhWD0s — 𝐀𝐬𝐦𝐢𝐭 (@KaptaanSparroow) December 15, 2021Abey 12th fail Virat pehle se annouce kar chuka tha resign... Aur bhai West Indies par dhyan do na.. India par tweet karne se kharcha nahi chalta hai kya — Nikhil Vaidya (@ImNIKDYA) December 15, 2021Pakistan cricket itself is in shambles at the moment. After a disappointing level of attendance by the spectators in the stadium during the first and second T20Is against the West Indies in Karachi, the PCB has decided to allow free entry into the stadium for the ODI series. However, as the number of COVID-19 cases rise within the Windies squad, the chances of a complete disruption of the series is also on the board. View the full article
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Buledi seeks PM Imran Khan's intervention amid political turmoil in Balochistan
ADMIN posted a blog entry in Geo News Blog
"Prime minister, being an ally, should play a positive role amid political crisis in Balochistan," Buledi says -
Angelina Jolie talks about the political turmoil in Afghanistan and ways to help
ADMIN posted a blog entry in Geo News Blog
Angelina Jolie had earlier joined Instagram to throw light on the plight of Afghans -
TV crews of pro-Taliban content producers attempt to broadcast reassuring messages about life returning to normal
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Pak vs NZ: Black Caps' tour to Pakistan in doubt amid Afghanistan turmoil
ADMIN posted a blog entry in Geo News Blog
New Zealand to send security consultant to assess situation in Pakistan; PCB promises state-level security -
The horrifying sight of a man falling off the aircraft was caught on camera
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Meghan Markle lists what kept her going amid emotional turmoil in 2020
ADMIN posted a blog entry in Geo News Blog
Meghan Markle revealed what helped her emotionally after being 'forced apart' from family in 2020 -
Queen Elizabeth in turmoil over ?detonating? Oprah interview bomb
ADMIN posted a blog entry in Geo News Blog
Queen Elizabeth is reportedly struggling to control the after effects of Meghan Markle?s Oprah interview -
Syrians voted to elect a new parliament as Damascus grapples with international sanctions and crumbling economy
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the sisters reunited thanks to a television show and a police search
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laa Salah, a Sudanese woman propelled to internet fame after clips went viral of her leading powerful protest chants against President Omar al-Bashir in Sudan. Photo: AFP PARIS: The year 2019 saw an explosion of demonstrations across the world as...
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Former senior International Monetary Fund (IMF) official Carlo Cottarelli speaks to the media after a meeting with Italy's President Sergio Mattarella at the Quirinal Palace in Rome, Italy, May 28, 2018-ReutersROME: Last-ditch efforts to form a...
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Nobel Literature Prize postponed by a year after #MeToo turmoil
ADMIN posted a blog entry in Geo News Blog
Photo: AFPThe Swedish Academy said Friday it would postpone this year's Nobel Literature Prize for the first time in almost 70 years, as it is rocked by turmoil over links to a man accused of rape and sexual assault."The Swedish Academy intends to... -
Time Inc. sale highlights economic, political turmoil in media
ADMIN posted a blog entry in Geo News Blog
The Time Warner logo is visible in New York City, US, October 23, 2016. REUTERS/Stephanie-Keith/Files WASHINGTON: The sale of Time Inc. ? the home to some of the most storied American magazines ? highlights the troubled state of print media and raises questions about the politics of the news industry in the Donald Trump era. In a deal announced Sunday, Meredith Corp ? the publisher of Better Homes & Gardens and other titles ? agreed to pay $2.8 billion for the owner of the renowned Time Magazine and other well-known magazines, including People, Fortune, and Sports Illustrated. The deal is backed by the billionaire brothers Charles and David Koch, known for supporting conservative causes and candidates, and largely antagonistic to the mainstream media. The $650 million from the family's Koch Equity Development (KED) was described as a "passive" investment, according to Meredith, which said the group would not have a board seat or any "influence on Meredith's editorial or managerial operations." The backing from Koch has nonetheless raised concerns about wealthy conservatives bankrolling efforts to reorient media organizations away from what some view as a left-wing bias. "Media is a crappy investment and if you're going to take it on, you're doing it for reasons other than fiduciary returns," said Jeff Jarvis, a professor of new media at City University of New York and a former journalist with Time Inc. "I'm not against more conservative investment in media," Jarvis said, but he argued that the Kochs appear to be "more propagandistic than journalistic." Former Time editor Charles Alexander wrote in a Nation essay last week of his concern that the Kochs have been aggressively funding climate change denial efforts, raising fears of an effort to stifle reporting in that area. Alexander said the billionaires ? whose businesses include energy, pipelines, cattle and paper industries ? have "financed a campaign of disinformation designed to convince the public and politicians that climate change is nothing to worry about." Angelo Carusone, president of the left-leaning watchdog group Media Matters for America, said he doubts the claim that the Koch family will remain passive. "I don't buy that for a second," Carusone said. "Why would they make this investment? They don't respect journalism. They hate the news media." 'Person of the Year'? The Meredith-Time deal comes amid heightened skirmishes over political news coverage. It coincides with an effort to relax media ownership rules, which critics said aims to allow Trump-backing Sinclair Broadcast Group to buy Tribune Media, extending its footprint of local television stations. Trump, meanwhile, has stepped up his war against what he calls "fake news" CNN, and, last week, claimed he turned down Time Magazine's "Person of the Year" award, despite denials from the publication. "It will be interesting to see who is 'Person of the Year' next year," said Rebecca Lieb, a media analyst with Kaleido Insights. Lieb said Time Inc. "needed a bailout" but that it remains unclear the degree to which Meredith can help revive the magazines through synergies and cross-marketing deals. "This is similar to the (Rupert) Murdoch deal for The Wall Street Journal when he said the newspaper would not be influenced by his political views," Lieb said. "In fact, he did install his proxies and the newspaper did shift its coverage significantly." Magazines 'left to die' Dan Kennedy, a Northeastern University journalism professor, said he will reserve judgment on the Kochs' political motives, noting his experience with a Boston television station on which one of the brothers held a board seat and "knew how to act as a responsible board member." "The real shame of all this is that (media conglomerate) Time Warner chose to spin off Time Inc. (in 2014) and concentrate on the profitable aspects of its business and left the magazines on an iceberg to die," Kennedy said. Samir Husni, a University of Mississippi journalism professor who heads the school's Magazine Innovation Center, said he does not see politics as a motive for the deal. "This is similar to what happened with newspapers in the 1970s and 1980s," Husni said. "The same consolidation is happening now in magazines." Husni said "there is still a lot of money to be made in magazines" for companies which can adapt their business models in both digital and print. He added that the Kochs "are not dumb" and would not have made an investment without an expectation of a return. As for Meredith, he said, "If you look at the history of the company and its service journalism I doubt they will allow any outside influence to challenge the integrity of the magazines." -
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, August 17, 2017. REUTERS/Brendan McDermid NEW YORK: US stocks lost ground late to end lower on Friday following a White House-focused week that raised more questions about the Trump administration's ability to implement its pro-growth agenda. While the day's losses were small, Friday marked the first time stocks haven't risen the day after a more than 1 percent drop since Donald Trump was elected president on November 8. The week's losses further dented the post-election rally, which was built on Trump's promises of tax cuts and higher infrastructure spending. Thursday's 1.5-percent drop in the S&P 500 came a week after a similar fall, and while the benchmark index still is up 13.4 percent since the election, it is down 2.1 percent in the last two weeks. That's the most since the two weeks before the election. "While this mini correction we're seeing may not amount to much, it's probably caused by this escalation in doubt of all of these things that seemed hopeful to investors at the beginning of the Trump administration," said J. Bryant Evan, investment advisor and portfolio manager at Cozad Asset Management, in Champaign, Illinois. In the latest shakeup, the White House said Trump on Friday fired chief strategist Steve Bannon, known as an economic nationalist and an advocate of "America First" policies. Critics have accused him of harbouring anti-Semitic and white nationalist sentiments. While stocks turned higher following reports of Bannon's departure, they lost those gains heading into the close. The news followed a week heavy with speculation and focus on the White House. On Thursday, there was concern about the possible departure of National Economic Council Director Gary Cohn; on Wednesday, Trump disbanded some business councils. Trump also alienated some corporate leaders and US allies this week with his comments following violence in Charlottesville, Virginia, where there was a white nationalist protest against the removal of a Confederate statue. The Dow Jones Industrial Average fell 76.22 points, or 0.35 percent, to close at 21,674.51, the S&P 500 lost 4.46 points, or 0.18 percent, to 2,425.55 and the Nasdaq Composite dropped 5.39 points, or 0.09 percent, to 6,216.53. The S&P 500 closed roughly 1 percent below its 50-day moving average, the furthest below that key technical measure since mid-April and the closest to its 200-day moving average since the election. For the week, the Dow was down 0.8 percent, the S&P 500 was down 0.7 percent and the Nasdaq fell 0.6 percent. Shares of sporting goods retailers and Deere weighed on the market following disappointing results. Nike's 4.4-percent slide weighed the most on the Dow, following dismal results from sporting goods retailers Foot Locker and Hibbett. Deere's 5.4-percent fall was the biggest drag on the industrial sector after the farm equipment maker reported a second straight quarter of lower-than-expected sales. Friday also was the eighth straight day in which the New York Stock Exchange and Nasdaq had more stocks making new 52-week lows than highs, matching a similar streak leading up to Trump's election. About 290 issues hit a 52-week low on Friday, the most since immediately after the presidential vote. The market's rally faces further tests in the weeks ahead with the approach of a historically weak month for equities and a host of other issues that could weigh on the market, including the Federal Reserve's September meeting, where it could announce plans to unwind its bond portfolio. Advancing issues outnumbered declining ones on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favoured advancers. About 6.8 billion shares changed hands on US exchanges. That compares with the 6.4 billion daily average for the past 20 trading days, according to Thomson Reuters data.
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Asia falls as White House turmoil hits risk sentiment, dollar bruised
waqas dar posted a blog entry in Geo News Blog
Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over US President Donald Trump's future following reports that he tried to interfere with a federal investigation. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan's Nikkei shed 1.5 percent, Australian shares lost 1.2 percent and South Korea's KOSPI declined 0.5 percent. Equities in Asia took cues from Wall Street, where the Dow and S&P 500 both sank about 1.8 percent overnight following reports that Trump tried to influence a federal probe. The allegations have not only thrown doubt over the future of the pro-growth policies that Trump promised, but they have raised the possibility he could end up leaving the presidency. A small but growing number of Trump's fellow Republicans called on Wednesday for an independent probe of possible collusion between his 2016 campaign and Russia, and one even mentioned impeachment. The region's shares showed little reaction to news that former FBI chief Robert Mueller was appointed to investigate alleged Russian interference in the 2016 US election, although the S&P mini futures were a shade higher while the dollar bounced modestly against the safe-haven yen. The greenback was up 0.25 percent at 111.080 yen after hitting a three-week low of 110.530. It was still down a significant 2 percent on the week. "The appointment appears to be an attempt at tackling the problem early. While it is a bit of good news, further investigations are needed and it still remains to be seen what those could reveal. As such, the markets are still faced with uncertainty," said Yoshinori Shigemi, global market strategist at JPMorgan Asset Management in Tokyo. In political developments elsewhere, trouble mounted for Brazilian President Michel Temer, who was recorded discussing payments to silence testimony by a potential witness in the country's biggest-ever graft probe. An exchange-traded fund of Brazilian equities was down more than 8 percent in Tokyo, where it is traded. In currencies, the euro extended its overnight surge to touch $1.1174, its highest since November before pulling back slightly to $1.1154. "There are two implications from the latest developments in Washington, first being the possibility of congressional procedures reaching an impasse and second is the potential of Trump being forced out," said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo. "But judging by how steeply the dollar has fallen, participants may have already priced in much of the negative news regarding Trump. The dollar could even benefit with the market thinking of post-Trump scenarios." The dollar index against a basket of major currencies was down 0.1 percent at 97.518, not far from a six-month trough of 99.333 reached the previous day. The US currency was hurt as Treasury yields declined significantly with allegations against Trump lowering economic stimulus hopes. The benchmark 10-year Treasury yield was at 2.234 percent after going as low as 2.209 percent overnight, its lowest since April 21. With Treasury yields falling, the gap between US and German government debt yields reached its narrowest in more than six months on Wednesday, as a tumultuous week in Washington contrasted with a sense of improved political stability in Europe. In commodities, oil prices dipped after settling at a two-week high overnight. An ongoing effort by OPEC to cut production has partially propped up oil but prices remain under pressure from still plentiful supplies. Brent crude slipped 0.25 percent to $52.08 a barrel. Gold hovered near a two-week high thanks to the weaker dollar and the risk aversion gripping the broader markets. Spot gold hit $1,263.02 an ounce, its highest since May 1. -
Asia falls as White House turmoil hits risk sentiment, dollar bruised
waqas dar posted a blog entry in Geo News Blog
Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over US President Donald Trump's future following reports that he tried to interfere with a federal investigation. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan's Nikkei shed 1.5 percent, Australian shares lost 1.2 percent and South Korea's KOSPI declined 0.5 percent. Equities in Asia took cues from Wall Street, where the Dow and S&P 500 both sank about 1.8 percent overnight following reports that Trump tried to influence a federal probe. The allegations have not only thrown doubt over the future of the pro-growth policies that Trump promised, but they have raised the possibility he could end up leaving the presidency. A small but growing number of Trump's fellow Republicans called on Wednesday for an independent probe of possible collusion between his 2016 campaign and Russia, and one even mentioned impeachment. The region's shares showed little reaction to news that former FBI chief Robert Mueller was appointed to investigate alleged Russian interference in the 2016 US election, although the S&P mini futures were a shade higher while the dollar bounced modestly against the safe-haven yen. The greenback was up 0.25 percent at 111.080 yen after hitting a three-week low of 110.530. It was still down a significant 2 percent on the week. "The appointment appears to be an attempt at tackling the problem early. While it is a bit of good news, further investigations are needed and it still remains to be seen what those could reveal. As such, the markets are still faced with uncertainty," said Yoshinori Shigemi, global market strategist at JPMorgan Asset Management in Tokyo. In political developments elsewhere, trouble mounted for Brazilian President Michel Temer, who was recorded discussing payments to silence testimony by a potential witness in the country's biggest-ever graft probe. An exchange-traded fund of Brazilian equities was down more than 8 percent in Tokyo, where it is traded. In currencies, the euro extended its overnight surge to touch $1.1174, its highest since November before pulling back slightly to $1.1154. "There are two implications from the latest developments in Washington, first being the possibility of congressional procedures reaching an impasse and second is the potential of Trump being forced out," said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo. "But judging by how steeply the dollar has fallen, participants may have already priced in much of the negative news regarding Trump. The dollar could even benefit with the market thinking of post-Trump scenarios." The dollar index against a basket of major currencies was down 0.1 percent at 97.518, not far from a six-month trough of 99.333 reached the previous day. The US currency was hurt as Treasury yields declined significantly with allegations against Trump lowering economic stimulus hopes. The benchmark 10-year Treasury yield was at 2.234 percent after going as low as 2.209 percent overnight, its lowest since April 21. With Treasury yields falling, the gap between US and German government debt yields reached its narrowest in more than six months on Wednesday, as a tumultuous week in Washington contrasted with a sense of improved political stability in Europe. In commodities, oil prices dipped after settling at a two-week high overnight. An ongoing effort by OPEC to cut production has partially propped up oil but prices remain under pressure from still plentiful supplies. Brent crude slipped 0.25 percent to $52.08 a barrel. Gold hovered near a two-week high thanks to the weaker dollar and the risk aversion gripping the broader markets. Spot gold hit $1,263.02 an ounce, its highest since May 1.