Tag Archives: trust

Italian business confidence improved in July, consumer morale dropped | Instant News

ROME (Reuters) – Excitement among Italian businesses rose in July for the second month running, away from lows triggered by coronavirus lockdown, but consumer confidence dropped slightly, data showed on Friday.

FILE PHOTOS: People wearing protective masks walk on increasingly busy streets, amid an epidemic of coronavirus (COVID-19), in Milan, Italy April 18, 2020. REUTERS / Daniele Mascolo

The national statistics institute’s ISTAT manufacturing confidence index rose to 85.2 in July from an upwardly revised 80.2 in June, against a median estimate of 85.5 in a Reuters survey of seven analysts.

The previous June figure was given as 79.8.

The ISTAT composite business moral index, combining surveys of the manufacturing, retail, construction and services sectors, rose to 76.7 from an upwardly revised 66.2, still well below where it was before the pandemic struck in February. The previous June figure was given as 65.4.

“Growth, spread across all sectors, is most prominent for services. However, the level reached by the index remains historically low with the exception of construction, where the index has returned to the historically high level seen in early 2018, “ISTAT said.

While business morale increased when the government announced a multi-billion-euro stimulus package, consumer confidence this month fell to 100.0 from 100.7 in June, lower than the median forecast of 103.8 in a Reuters poll. The previous June figure was put at 100.6.

ISTAT said the decline was caused by concerns over the worsening economic climate and concerns about future prospects.

Surveys released in Germany and France on Thursday showed consumer and business confidence growing in both countries when coronavirus locking was reduced and the number of infections decreased.

More than 35,000 people have died of the corona virus in Italy since the outbreak appeared on February 21, the fifth largest victim in the world after people from the United States, Brazil, Britain and Mexico.

The eurozone’s third-largest economy shrank 5.3% in the first quarter from the previous three months, the sharpest decline since the current series began in 1995.

Italy’s official estimate is a full year of decline in gross domestic product 8% this year, although Economy Minister Roberto Gualtieri said this might need to be revised lower. Bank of Italy estimates negative growth of -9.5% and International Monetary Fund -12.8%

Second quarter GDP data for 2020 to be released on July 31.

Reporting by Crispian Balmer


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Fawad said Buzdar remained CM Punjab as long as he had the confidence of PM Imran | Instant News

Federal Minister for Science and Technology Fawad Chaudhry said on Wednesday that Punjab Chief Minister Usman Buzdar would remain in office for as long as he had the confidence of Prime Minister Imran Khan.

“If a prime minister has the support of the PM they will continue to work,” Fawad said, answering questions about Prime Minister Imran Khan’s recent comments about Usman Buzdar in Geo News program Geo Pakistan.

The federal minister was asked about Prime Minister Imran Khan who expressed satisfaction with the performance of Punjab Chief Minister Usman Buzdar, amid speculation and unverified reports from the government thinking of replacing the chief minister.

“Opposition is not a problem”

The minister also said that opposition is not a problem for the ruling government, but the hope that people with Pakistan Tehreek-e-Insaf have in power is the problem.

“Opposition is not a problem, the problem is people have a lot of hope from PTI and people hope that PTI will bring big changes in Pakistan and that is a challenge for us,” Fawad said.

The minister explained that the opposition poses no threat because political parties are based on individuals, and added that if one individual is eliminated then the party experiences confusion. He cited the example of the Pakistan-Nawaz Muslim League (PML-N), saying that the party had been without a head since the departure of supremo Nawaz Sharif.

The lighting system is sent for approval

Fawad Chaudhry shared that his ministry had formalized a system for observing the moon and sent it to the ministry of legislative affairs for approval; added that the ministry forwarded it to the Islamic Ideology Council (CII) as well.

“Now it is their duty (CII) and the cabinet if they want to force it or not,” the minister said.

The minister believes that if people continue to rely on seeing the moon with the naked eye, the country “will never be able to determine one or several Eid al-Fitr because it will be different each time and will continue like this”.

“If you say you want to see it from the naked eye, then the Ruet-e-Hilal Committee must consist of men and women aged 20 to 22 who have vision [is perfect]”The minister said mockingly.

Fawad also went on to claim that the month of Hajj was born on Monday night at 10:33 and yesterday was present for “more than 24 hours” but the moon vision committee said they did not see it “because there were clouds in Karachi”.

He further asked that if seeing the moon was “lawful” using old technology, then “why is it unlawful to see it using new technology?”

Fawad and his ministry were in the spotlight after Chairman of the Ruet-e-Hilal Central Committee Mufti Muneeb-ur-Rehman announced that Eid al-Adha would be celebrated this year on August 1, after the body that met on Tuesday in Karachi could not see the month of Zilhajj.

However, the federal minister said that Eid al-Adha will be celebrated on July 31 in Pakistan “according to the calendar of the Ministry of Science and Technology”.

Chaudhry said that the month for the month of Zilhajj would be seen in Karachi and its surroundings on July 21. He added that the moon can be seen with the help of binoculars and in some areas, with the naked eye too.


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I want to trust Bilawal Shahbaz’ | Instant News

Lahore: Minister of Punjab information Fayyazul Hassan Chohan has said that Chairman Pakistan peoples party (PPP), Bilawal Bhutto Zardari wants to trust Shahbaz Sharif, who stabbed his elder brother and niece in the back.

Commenting on a telephone conversation between, Bilawal and Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif, Fayyazul Hassan Chohan says that both leaders were experiencing an era of political asylum. And, Bilawal Shahbaz engaged in opportunistic politics, he added. The information Minister said that the policy of Shahbaz Sharif was limited to writing and rhetoric, while politics, Bilawal was limited to just performances.


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The success of not believing in PM, NA, the speaker becomes a hard nut to crack | Instant News

ISLAMABAD: If the opposition parties vote with no confidence against Prime Minister Imran Khan and Chair Asad Qaisar, it will be their responsibility to represent the majority of the National Assembly’s total membership, 172 MPs, for the success of their resolution.

The opposition has announced that it will consider moving the non-trust resolution of the prime minister and Speaker at the planned All Parties Conference (APC). Because the ruling alliance will not be obliged to produce its members of parliament during the vote on these motions, it will alienate its members from the process. Some absent members of parliament will use it.

If Pakistan’s parliamentary history is a guide, no motion of distrust of any prime minister has ever succeeded. However, such a move does not confuse the government, because it must keep its members of parliament as a solid block not to vote. With unprecedented difficulties, Benazir Bhutto has defeated a non-trust resolution, sponsored by the opposition led by Nawaz Sharif, against him during his first term as prime minister.

The Constitution and Rules of Procedure and Business Conduct in the National Assembly set out the voting mechanism on a motion of no confidence in the prime minister.

According to Article 95, a resolution on self-confidence that is moved by no less than twenty percent of the total membership of the National Assembly may be passed against the Prime Minister by the National Assembly. It will not be chosen before the expiration of three days, or longer than seven days, from the day on which it is transferred. It will not be transferred to the National Assembly when considering the federal budget. If it is authorized by a majority of the total membership, the Prime Minister will stop holding office.

The second schedule of regulations says before the ballot begins, the Speaker will direct the bell to be sounded for five minutes so that members who are not present at the booth attend. As soon as the bell stops ringing, all entrances to the lobby will be locked and secretariat staff installed at each entrance will not allow entry or exit through the entrance until voting is complete.

The speaker will then read the resolution before the National Assembly and ask members who wish to vote to approve it in a single file through the entrance where the teller will be posted to record the vote. Upon reaching the cashier’s desk, each member will, in turn, call the distribution number given to him. The teller will mark the number on the division list while simultaneously calling on the name of the member. To ensure that his voice is recorded correctly, the member will not move until he clearly hears the cashier calling his name. After a member records the sound, he will not return to the room until the bell rings.

When the Speaker finds out that all members who want to vote have recorded their votes, he will announce that the voting has finished. The Secretary will cause the division list to be collected, count the recorded voices and present the results to the Speaker, who will direct the bells to ring for two minutes to allow members to return to the room. The speaker will then announce the results to the National Assembly.

The success of the vote of no confidence in the Chair will be as difficult as the resolution of no confidence in the prime minister. Under the rules, while the Speaker can only be overthrown by a majority vote, 172, he, in certain cases, does not require large calculations for his election.

Citing regulations, legal experts say that Speakers can be overthrown only through a majority of the National Assembly’s total membership but such numerical powers are not required to elect a candidate for this slot. These positions are set out in Rule 10. Rule 10 provides an interesting scenario – in certain cases, the majority of the total membership is not required for successful candidate selection. It was said where, after the withdrawal of the nomination, there were still more than two contestants for the election, who obtained more votes than the aggregate of the other ballots would be declared elected. If no one gets more votes than the aggregate ballots from other candidates, there will be a new ballot in which the candidate who pocketes the lowest number of votes on the last ballot will be excluded from the race. Voting will, in the same way, be continued until one contestant gets more votes than the remaining candidates or candidates in the aggregate. Such contestants will be declared elected.

Where, at each vote, three or more candidates get the same number of votes and one of them must be excluded from the election, the question of who will be drawn will be determined by drawing a lottery.

Further rules say that, after withdrawal, there are only two aspirants in the process, ballots will be held between them and candidates who get more votes than others will be declared elected. If both of them secure the same number of votes, new ballots will be held between them until one of them gets more votes than the other. One who wins more votes will be declared elected.


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Pakistani Ration Packages – distributed to transgender people | Instant News

(MENAFN – Tribal News Network) PESHAWAR: The Bacha Khan Trust, a welfare organization, and Malgari Doctoran, a medical association, on Tuesday distributed ration packages to 40 transgender people in Peshawar.

The ceremony was held at Bacha Khan Markaz attended by Malgari Doctoran provincial adviser and provincial vice president of the Awami National Party (ANP) Saqibullah Chamkani, provincial secretary general Sardar Hussain Babak, president of Malgari Doctoran province, Dr. Haider Ali, Dr. Shaukat Ameerzada, Dr. Mian Iftikhar Hussain and other party activists.

TNN anchor Sobia Khan was also invited to function as a transsexual representative.

Saqibullah Chamkani said during a speech at the ceremony that the party welfare institution worked in the spirit of public service to help decent people in times of need. He said helping the poor segment in this crisis situation because coronavirus was the government’s top priority.

Saqibullah Chamkani said that unfortunately weaker segments, such as transgender people, are not treated well in the community and they face many difficulties especially because of the crisis situation. He said it was unfortunate that transgender people in our country faced discrimination and they did not have access to their rights. He assured that the Bacha Khan Trust and all party activists would support transgender people during difficult times and would not leave them. He said there should not be discrimination with anyone based on gender or other factors.

Speaking on that occasion, Sobia Khan said transgender people are also entitled to the same rights enjoyed by others. Sobia demanded that the government should provide education and employment to all transgenders to enable them to earn a living with dignity.

During lockouts at KP, all types of functions such as marriage, music functions and entertainment meetings have also been banned because transgender people have also lost their source of income. Most transgenders make a living by dancing at weddings and music events, but the function ban limits them in their homes and they have no source of income now.

According to the 6th population census in Pakistan in 2017, a total of 10,418 transvestites live in Pakistan, 913 of which belong to Khyber Pakhtunkhwa. However, it is widely believed that the actual number of transvestites in this country is much higher.



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