Tag Archives: February

‘PDM announces long march in late January or early February with resignation in hand’ – Pakistan | Instant News

Published in December 13, 2020 21:31

‘PDM announces long march in late January or early February with resignation in hand’

LAHORE (Dunya News) – The chairman of the Pakistan Democratic Movement (PDM) Maulana Fazlur Rehman has declared a long march in late January or early February and said the opposition will take over the resignation during the long march.

He said this political struggle was for the sake of a free democratic atmosphere in Pakistan. The power will be in the hands of the people in the future, the conspiracy system will not work.

Speaking at a rally in Minar-e-Pakistan, he said the wound was deepening. The elements of anger and hatred grew. We must live as a nation. People make up parliaments, judiciary and armies.

He said that if institutions compete with each other, national unity will never be maintained. I see anarchy in Pakistan in the coming days. We must face the situation before anarchy.

Maulana Fazlur Rehman expressed his concern that such a situation would arise where society and the establishment would come face to face. I want to warn the government to stay away from the people, let the people reach Islamabad. Pakistan is ruled by an illegitimate government. He accused the establishment of fraud for the government as illegitimate.

The head of the PDM said that we cannot free the Kashmiris. The formula for dividing Kashmir into three parts was given by Modi before the election. Imran Khan prays for Modi’s success in the elections. For 73 years, India has not dared to consume Kashmir. Today India has consumed Kashmir.


image source

Canadian GDP growth came to a halt in February ahead of the decline in coronavirus | Instant News

Shipping containers are placed at the Fairview Cove Container Terminal in Halifax on 25 August 2017.

Andrew Vaughan / The Canadian Press

Canada’s economy stalled in February, Statscan said on Thursday, as parliamentary budget watchdogs warned that a dramatic contraction might occur this year, with surging deficit and debt levels.

Statistics Canada says growth potential is affected in February by a teacher strike in Ontario and when the global spread of the corona virus disrupts the movement of people and goods. Analysts in a Reuters poll forecast a 0.1 percent increase.

The economy could have shrank a record 9 percent in March, Statscan said in quick estimates earlier this month, as coronaviruses and falling oil prices plummeted.

The story continues under the ad

Officials have closed down unnecessary businesses and urged people to stay at home since mid-March to slow the spread of the plague. Ottawa has also poured billions of dollars into fiscal aid for businesses and individuals to deal with the pandemic.

On Thursday, the Canadian Parliamentary Budget Officer (PBO) released the latest economic analysis, including a scenario where real GDP in 2020 could shrink by 12 percent, with a possible 20 percent contraction in the second quarter alone. That would be the worst GDP data since the series was compiled in 1961, the PBO said, noting that the scenario was not an estimate.

In the March 27 scenario analysis, the PBO assumes real GDP growth in 2020 will drop 5.1 percent.

Under the worsening growth scenario, the PBO estimates the federal government’s deficit could swell to $ 252.1 billion ($ 181.38 billion) in 2020-21, or 12.7 percent of GDP. On April 24, the Ottawa aid package totaled $ 146 billion, he added.

The PBO estimates that Canada’s debt to GDP ratio in 2020-21 will be 48.4 percent.

The Statscan report on GDP in February said education services fell 1.8 percent, the most since June 2014, as intensifying strikes by primary and secondary school teachers in Ontario intensified.

The country’s transportation and warehousing sector contracted 1.1 percent, as seven out of 10 subsectors declined. Rail transportation fell 5.1 percent because protesters blocked domestic rail lines, while air transportation dropped 2.6 percent because the carrier canceled several international flights.

The story continues under the ad

In a separate release, Statistics Canada said Canadian producer prices fell 0.9 percent in March from February due to lower energy and oil prices, while raw material prices dropped 15.6 percent.

Your time is very valuable. Have a Top Business Headline newsletter easily sent to your inbox in the morning or evening. Register today.


image source

The current COVID-19 pandemic has many similarities with the Spanish Flu Pandemic of 1918-20, and many differences | Instant News

Today’s COVID-19 Pandemic Has Many Similarities to the Spanish Flu Pandemic of 1918-20, and Many Differences Also | RiverBender.com


image source