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Pakistan

Govt dedicated preservation of trees: PM Imran

Prime Minister Imran Khan Thursday said the Pakistan Tehreek-e-Insaf (PTI) government is dedicated to preservation of trees.

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Govt dedicated preservation of trees: PM Imran
GNN Media: Representational Photo

Islamabad: Prime Minister Imran Khan Thursday said the Pakistan Tehreek-e-Insaf (PTI) government is dedicated to preservation of trees.

On his official twitter handle, the premier said every tree is being saved including through replantation that needs to be removed from a particular location.

Mehak Javed

Mehak Javed is immensely creative and an enthusiastic journalist, contributing in the publication of timely and accurate news. She is a skilled writer along proven history of achievement in the field with several years of professional experience. Mehak is working with GNN since 2020.

Sports

'Chittagong test': Pakistan thrash Bangladesh by eight wickets

Pakistan chased down the 202-run target with eight wickets in hand.

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'Chittagong test': Pakistan thrash Bangladesh by eight wickets

Dhaka: In the key match of Chittagong test, Pakistan thrashed Bangladesh by eight wickets Tuesday.

Pakistan chased down the 202-run target with eight wickets in hand.

It is pertinent to mention here that this was the second time in Pakistan’s Test history, which stretch 440 matches, that an opening pair recorded two century stands in a match.

Bangladesh had got off to a positive start with Mushfiqur hitting a boundary off the first ball of the morning, bowled by Hasan Ali.

But two balls later he left a delivery that darted back in and departed for 16 after Hasan uprooted his off-stump.

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Sports

Messi wins Ballon d'Or for seventh time

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. 

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Messi wins Ballon d'Or for seventh time

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.

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Technology

Bitcoin, other cryptos surge after sharp sell-off

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

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Bitcoin, other cryptos surge after sharp sell-off

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

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