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Showing posts with the label ASIA

Pakistan police file terrorism charges against Imran Khan

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Pakistan's police filed terrorism charges against Imran Khan on Monday, as the former prime minister held mass rallies seeking a return to office. The charges followed a speech Mr Khan gave in Islamabad on Saturday, in which he vowed to sue police officers and a female judge, and alleged a close aide had been tortured after his arrest, AP reported. Mr Khan appeared to be free and had not immediately addressed the charge sheet being lodged against him. Earlier, Mr Khan accused the government of temporarily blocking YouTube to deny live access to his speech at a political rally, Reuters reported. Mr Khan has been making fiery speeches to gatherings across the South Asian nation as he pushes for new elections after being ousted from power in April through a parliamentary vote. Read More : https://www.thenationalnews.com/world/2022/08/22/pakistan-police-file-terrorism-charges-against-imran-khan/

China’s economy expands at slowest pace since 2020

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China’s economy grew at the slowest pace since the initial coronavirus outbreak in Wuhan, a reflection of the damage the nation’s zero-Covid approach has had on growth and the challenge Beijing faces in meeting its full-year target. Gross domestic product increased 0.4 per cent from a year earlier, the worst performance since the first quarter of 2020, the National Bureau of Statistics said on Friday. Growth was far weaker than the 1.2 per cent gain in a Bloomberg survey of economists. On a quarterly basis, the economy contracted 2.6 per cent. China’s economy is paying the price for Beijing’s attempt to stamp out Covid cases, a strategy that’s becoming evermore difficult as more infectious virus variants emerge. On top of that, the property market remains in a deep slump. Economists say the government’s ambitious growth goal of about 5.5 per cent is out of reach, with GDP forecast to expand slightly more than 4 per cent this year. “The downward pressure on the economy has increased sig...