Pakistan's rupee posts its worst month since 1989 amid a dollar shortage and concerns over a delay in an IMF bailout program

Pakistan's rupee posts its worst month since 1989 amid a dollar shortage and concerns over a delay in an IMF bailout program. Investors should stay wary of US stocks and bonds as inflation remains a threat and recession looms, according to Rebecca Patterson, chief investment strategist at Bridgewater. As the third winter of the coronavirus pandemic looms in the northern hemisphere, scientists are warning weary governments and populations alike to brace for more waves of COVID. India, China ministers at summit as PLA ship in neighbourhood irks Delhi. India's jobless rate in July drops to the lowest in six months. Seven in 10 Singapore employees want a four-day work week to help them achieve better balance in their lives, the Straits Times reports, citing a poll. Members of a right-wing militia group facing trial on the most serious charges stemming from the Jan. 6, 2021, insurrection should be barred from trying to blame Donald Trump for their actions, the Justice Department told a judge. Fans ecstatic as England win Women's European Championship. This Prehispanic food fair in Mexico served dishes such as frog legs, aquatic bed bug's eggs and multiple-shaped corn dough . World Bank has no new financing plans for crisis-hit Sri Lanka. A Tokyo clothing maker has teamed up with veterinarians to create a wearable fan for pets who can't shed their fur coats during the summer. Alibaba plans to add a primary listing in Hong Kong on top of its New York presence. China is issuing debt to fund big infrastructure projects and local governments are urged to speed up projects and create jobs for migrant workers, as the world's second largest economy tries to turn the economic tide. The Saudi-backed LIV Golf series debuted in the eastern US at the Trump National Golf Club Bedminster, but without the thousands of fans that would typically swarm a pro event on the PGA Tour. Former race director Masi received death threats after Abu Dhabi decision. Charles Defoort delivers mail by boat in northern France's wetlands. He visits around 50 inhabitants without any road access . In response to a question, Hua Chunying, spokesperson for China's Ministry of Foreign Affairs, says that if Pelosi carries down the "wrong path," China will take "strong and resolute measures" to safeguard its sovereignty. . Verstappen slams fans for burning Hamilton merchandise. Europe's bumper economic growth is already buckling under the weight of record-breaking inflation and the increasing likelihood of a Russian energy cutoff. British defence firm BAE Systems to name Cressida Hogg as new chair - Sky News. StanChart announces $500 million buyback as rising rates boost H1 profit. Large companies in Shenzhen are being told they can exit so-called closed-loop management systems that have been in place for about a week as Covid-19 cases in the Chinese technology hub ease. Russian diesel could well still be entering the UK, weeks after direct deliveries halted. England fans erupt as women's side win Euros final. Snowballing crisis at Evergrande, world's most indebted developer. President Biden is set to address the nation Monday following what the White House says was a "successful" counterterrorism operation on an al-Qaida target in Afghanistan over the weekend (via AP). Committee probing Toyota unit Hino blames company culture in false data scandal. South African state utility Eskom is looking to replace Zimbabwe as an importer of electricity from Mozambique and Zambia to help ease rolling blackouts. HSBC in Talks With Ping An But Pushes Back on Break Up Call. Seven ways to avoid airport chaos when the usual logic doesn't apply. Hint: money can still buy peace of mind. South Africa's governing party rejected calls to review a rule that compels indicted officials to step down, marking a setback for President Cyril Ramaphosa's detractors. Unilever ups sales guidance after price hikes help it beat forecast. Hundreds of firefighters battle blaze near Lisbon. Biden again tests positive for COVID, says he feels fine. K-pop's BTS may still be able to perform while doing military service - minister. UK financial watchdog fines three former Carillion executives. TSMC shares fell as much as 2.98% ahead of possible Pelosi visit to Taiwan. The euro, already beaten down this year to the lowest in two decades, remains an unloved currency stuck under relentless pressure. Record crowd watches women's Euro 2022 final at Wembley. Here's the latest news on Russia's invasion of Ukraine. No Myanmar representation at ASEAN-led meeting, chair says. Dollar wallows near 3-week low on bets for less aggressive Fed. New Zealand Prime Minister Jacinda Ardern has announced financial support for Samoa on a visit to the Pacific Island nation amid increased interest from China in the region. Valvoline to sell lubricant business to Saudi Aramco for $2.65 bln. London Tube staff plan strike next month, says union. From the wipeout of cryptocurrencies and plunge in NFT token values, one thing is clear about celebrity endorsements: it's been a disaster for fans. Here are the celebrities who've promoted digital assets. After the rainy season in Tokyo ended in late June, the Japanese capital suffered the longest heatwave on record with temperatures up to 95 Fahrenheit for nine days.. The Hong Kong Rugby Sevens will be held in November after winning government approval, likely making the iconic sports tournament the city's first major event since the pandemic began more than two years ago. The head of Eskom met with business leaders to encourage investment and energy sector partnerships as South Africa seeks to increase the supply of electricity and end a 14-year power crisis. Kenny considered quitting cycling after ectopic pregnancy. Swarms of jellyfish invade Israel's beaches, clogging desalination plants and industrial fishing nets as their seasonal numbers grow, authorities say. U.S. and Japan pursue commercial diplomacy to counter China, envoy to Tokyo says. Bank of England to raise rates by 25bps on Aug. 4, but 50 a close call. What's next for China Evergrande after a restructuring proposal.. Inflation begins to strain finances of young, low-income Americans. Britain's Prince Charles met with athletes competing in the Commonwealth Games ahead of the opening ceremony in Birmingham, in the midlands of England . Russia's seaborne crude flows have stabilized at a level about 500,000 barrels a day below the peak they reached after Moscow's troops invaded Ukraine.. Vince McMahon is facing misconduct allegations, but he's weathered controversy before. England players gatecrash coach's conference after Euros win. Italy manufacturing sector contracts in July -PMI. Five things you need to know to start your day in Europe. There's a Chinese megacity where masks are rare and clubs are packed and it illustrates why Xi Jinping is staying the course with Covid Zero. Manufacturing activity contracted across the euro zone last month and S&P Global's final manufacturing Purchasing Managers' Index fell to 49.8 in July, the first time the PMI has gone below 50 since June 2020. Five things you need to know to start your day in Europe. Italy's far-right leader Giorgia Meloni plans to follow EU budget rules if she leads the next government, sources say. Colombia raises interest rates to the highest level since 2009 as a slump in the peso adds to inflationary pressure in Latin America's fastest-growing major economy. The top US audit watchdog said that talks with Beijing to stave off the delisting of almost 200 Chinese companies from the American stock market must result in complete access for American inspectors. This is what purchasing managers are saying about the economic outlook around the world, be it good or bad. "Market economists were not common in Korea at the time, and women economists had never been seen before.". 

https://telegra.ph/Britains-BT-returns-to-revenue-growth-reaffirms-guidance-08-02