Islamabad: Amid a steady decline in Covid-19 infections, Pakistan's coronavirus positivity ratio further fell to 1.1% with 475 new cases. 

According to the latest figures issued by the National Command and Operation Center (NCOC), 475 persons were tested positive for COVID-19 in the past 24 hours. 

The total number of cases has reached 1,284,840.

As many as 1,242,236 patients have recovered from the disease.

Punjab

The number of patients swelled to 443,094 in the province with 13,023 causalities.

Sindh

The number of infections has surged to 475,616 in the province, while the death toll has reached 7,621.

Khyber Pakhtunkhwa

The confirmed cases have surged to 179,995 in the province with 5,842 casualties.

Balochistan

There are 33,479 confirmed cases while 360 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,556 coronavirus cases in the AJK while the death toll has reached 742. On the other hand, there are 10,411 cases in GB with 186 coronavirus deaths.

Islamabad

There are 10,411 cases in the capital city while 954 people have lost their lives.

Bitcoin and other cryptocurrencies surged Monday after a sharp sell-off at the end of last week.

The price of bitcoin climbed back above $58,000, rising 8.6% in 24 hours to $58,607.75, according to Coin Metrics data.

Other digital assets also rose, with ether jumping more than 9% to $$4,440.99 and XRP up 9% at around 99 cents.

Vijay Ayyar, head of Asia Pacific at cryptocurrency exchange Luno, said early reports that the new, heavily-mutated omicron Covid variant came with milder symptoms was giving the market a boost.

“We’re seeing news of the variant being potentially weaker in terms of symptoms in early analysis, which has bolstered the market comeback,” Ayyar said via email. “Hence, smart investors have probably bought this dip.”

Bitcoin last week sank as low as $53,549, its lowest level since early October, amid a broader sell-off in stocks and other riskier assets on the back of fears over the new coronavirus variant.

The world’s largest digital currency was briefly down more than 20% from its recent all-time high of nearly $69,000, officially entering bear market territory. Bear markets are typically defined by a decline of 20% of more from recent highs.

The new Covid variant, first identified in South Africa, has spread to multiple countries including the U.K., Germany and Italy.

The US, UK and other nations have restricted travel with some African countries in response. Britain has also introduced new measures to tackle the new virus mutation, including mandatory mask wearing in shops and public transport in England.

On Sunday, Dr. Angelique Coetzee, the South African doctor who first spotted the omicron variant, described its symptoms as “extremely mild,” soothing fears of a potential return of lockdown restrictions during the holidays.

“The global environment did add to the uncertainty across all risk asset classes as we saw last week, but the bounce back always shows us how strong the uptrend is, which is what we’re seeing here,” Ayyar said.

If bitcoin loses $48,000 to $50,000 on a daily or weekly basis, “that would definitely imply bearishness,” he added. But for now, Ayyar says “we’re still in bull market territory.”

SOURCE: CNBC

Paris: Argentina and Paris Saint-Germain forward Lionel Messi has created history as he won the Ballon d'Or award for a record-extending seventh time late on Monday night.    

Argentine football great Lionel Messi defeated Robert Lewandowski of Polish (Bayern Munich Club) and Georginho (Chelsea) of Italy for this annual award for the best player in the world of football. 

By winning the award, Messi has gone several miles ahead of Portugal’s star striker Cristiano Ronaldo in terms of winning the most Ballons d’Or. 

The 34-year-old Messi now has 7 awards to his name, while 36-year-old Ronaldo has won this honor 5 times. 

Besides this, the star footballer claimed a maiden Copa America title with his country this year and was top scorer in La Liga for the 2020-21 season with 30 goals.

Messi ​​won the Best Player of the Year award for the first time in 2009. He won this title in 2009, 2010, 2011, 2012, 2015, 2019 and now in 2021. 

Messi joined PSG on a free transfer from Barcelona during the off-season and collected 613 points to finish ahead of Lewandowski (580) and Chelsea's Italy midfielder Jorginho (460) at a star-studded ceremony in Paris. 

For the unversed, Messi and Ronaldo have won this award a total of 12 times since 2008. Thus, both players are dominating the world of football.

Awarded by France Football magazine, the Ballon d'Or has been awarded since 1956.