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Pakistani renowned paediatrician dies from coronavirus

Professor Dr Salahuddin Sheikh passes away in Karachi 

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Pakistani renowned paediatrician dies from coronavirus
GNN Media: Representational Photo

Karachi: Pakistani renowned paediatrician Professor Dr Salahuddin Sheikh has died from coronavirus in Karachi on Sunday. 

This was announced by the Pakistan Medical Association (PMA) in a statement.

Dr Salahuddin was a very senior paediatrician working at the Agha Khan University Hospital in Karachi. He was undergoing medical treatment at the hospital for a few days.

The pandemic has killed around 200 Pakistani health professionals, mostly doctors, since early 2020, according to a PMA statement issued in May 2021.

On the other hand, Pakistan witnessed an enormous spike in its daily tally of coronavirus disease (Covid-19) after as many as 4,027 new infections were logged in the last 24 hours, according to morning update by ministry of health.

The country’s positivity rate now stands at 7.8% when 4,027 fresh cases were reported. The cumulative tally of the country has now climbed to 1,324,147.

As the fifth wave of COVID-19 intensifies in Pakistan reported 4,027 new coronavirus infections, a new daily record, with authorities linking the spike with the Omicron variant of virus.  

According to the latest figures issued by the National Command and Operation Center (NCOC), 3,567 persons were tested positive while 7 died in the past 24 hours— taking Pakistan's COVID death toll to 29,012.   

As many as 1,263,584 patients have recovered from the disease. 

Punjab

The number of patients swelled to 452,261 in the province with 13,088 causalities.

Sindh

The number of infections has surged to 499,830 in the province, while the death toll has reached 7,694.

Khyber Pakhtunkhwa

 

The confirmed cases have surged to 182,199 in the province with 5,958 casualties.

Balochistan

There are 33,699 confirmed cases while 367 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,750 coronavirus cases in the AJK while the death toll has reached 749. On the other hand, there are 10,445 cases in GB with 187 coronavirus deaths.

Islamabad

There are 110,963 cases in the capital city while 969 people have lost their lives.  

Business

There's need to prioritize inflation fight over growth: global central bank chiefs

ECB President Christine Lagarde says the low inflation of the pre-pandemic era would not return

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There's need to prioritize inflation fight over growth: global central bank chiefs

Bringing down high inflation around the world will be painful and could even crash growth but must be done quickly to prevent rapid price growth from becoming entrenched, the world's top central bank chiefs said on Wednesday.

Inflation is breaking multi-decade highs around the world as soaring energy prices, post-pandemic supply chain bottlenecks and in some cases red-hot labour markets are pushing up the cost of everything, and threatening to set off a hard-to-break wage-price spiral.

"The process is highly likely to involve some pain but the worst pain would be from failing to address this high inflation and allowing it to become persistent," U.S. Federal Reserve Chair Jerome Powell said at the European Central Bank's annual conference in Sintra, Portugal.

Echoing Powell's words, ECB President Christine Lagarde said the low inflation of the pre-pandemic era would not return and that the ECB, which has persistently underestimated price growth, had to act now because price growth was likely to remain above the 2% target for years to come.

RISKS

Engineering policy tightening to avoid a recession in the United States is certainly possible, Powell said, adding that the pathway was narrow and there were no guarantees of success.

"Is there a risk that we would go too far? Certainly there's a risk, but I wouldn’t agree that it's the biggest risk to the economy," he said. "The bigger mistake to make, let's put it that way, would be to fail to restore price stability."

Augustin Carstens, the General Manager at the Bank for International Settlements, an umbrella group of central banks, said policymakers had taken the first step in recognising they had a problem. Now their job was to tighten policy, as risks were mounting.

"They should try to... prevent the full transition from a low inflation environment to a high inflation environment where this high inflation gets entrenched," Carstens told the ECB gathering. "You need to prevent this vicious cycle from kicking in."

The ECB has already flagged rate hikes in both July and September while the Fed increased rates by 0.75 percentage points in June and may opt for a similar move in July.

The Bank of England raised rates by 25 basis points to 1.25% this month - its fifth successive move -and said it would act "more forcefully" in the future if it saw a greater persistence of inflation.

"There will be circumstances in which we will have to do more," BoE Governor Andrew Bailey told the conference. "We're not there yet in terms of the next meeting. We're still a month away, but that's on the table."

"But you shouldn't assume it's the only thing on the table," he said, referring to another 25 basis point hike.

However, Bailey also warned that the British economy was now clearly at a turning point and starting to slow.

SOURCE: REUTERS

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Regional

PRA collects Rs168 bln in FY22, surpasses revised target of Rs165.5 bln

According to the spokesperson, the authority become the first provincial revenue collecting agency in the country to cross the psychological barrier of Rs150 billion

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PRA collects Rs168 bln in FY22, surpasses revised target of Rs165.5 bln

Lahore: The Punjab Revenue Authority (PRA) has surpassed the upward revised target of Rs165.5 billion for the financial year 2021-22.

According to provisional collection figures up to June 28, 2022, the PRA collection stands at Rs168 billion, which is 108 per cent of the set target of Rs155.9 billion and 101.5pc of the revised target.

According to the PRA spokesperson, the authority expects substantial revenue in the last two days of the financial year and is hoping to end the year close to Rs170 billion.

It is worth mentioning that earlier this year, PRA became the first provincial revenue collecting agency in the country to cross the psychological barrier of Rs150 billion and the collection in June has further established it as the leading Provincial revenue collecting agency in the country.

This is the third successive year in which PRA has surpassed its revenue collection target. Earlier the Authority collected more than the assigned targets of Rs.105 billion and Rs.125 billion in the financial years 2019-20 and 2020-21 respectively. 

PRA spokesperson further elaborated that this success has been achieved without resorting to any coercive actions such as sealing of premises, attachment of bank accounts or collection of advance payments.

PRA has relied completely on collaboration with all stakeholders and emphasis on taxpayer facilitation and education. More than 200 awareness workshops were held during the financial year with more than 2,000 participants. 

PRA expects the growth trend to continue in the coming years as its management and all workforce is committed to continuing its focus on compliance without resorting to any measures that adversely affect ease of doing business.

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World

Journalist shot dead in latest attack on Mexico media workers

Presidential spokesperson Jesus Ramirez said on Twitter the journalist's daughter also was injured in the attack

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Journalist shot dead in latest attack on Mexico media workers

A Mexican journalist was killed in the northern state of Tamaulipas on Wednesday, the newspaper he worked for said, the latest in a series of attacks in one of the world's most dangerous countries for media workers.

Antonio de la Cruz, a journalist for local newspaper Expreso, was gunned down in his home in the state capital Ciudad Victoria, the paper said.

His death comes after eight others in the media have been murdered in Mexico this year as a result of their journalism, according to human rights organization Article 19.

Presidential spokesperson Jesus Ramirez said on Twitter the journalist's daughter also was injured in the attack.

"We must not allow any more attacks on journalists and activists. These crimes will not go unpunished," Ramirez wrote.

The paper's parent company Expreso-La Razon demanded justice from authorities.

The Tamaulipas attorney general's office said in a statement it had opened an investigation into the incident and that police are collecting evidence and hunting for the attackers.

Violence against the press has skyrocketed during Mexican President Andres Manuel Lopez Obrador's administration, according to a report published by Article 19.

SOURCE: REUTERS

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