Day: May 29, 2020

New Zealand says no new COVID-19 cases for a week

May 29, 2020

New Zealand on Friday allowed people to resume weekend activities after reporting no fresh coronavirus cases for a consecutive seven days.   The health authorities said there was only one active case of the deadly infection and no other was receiving hospital care for COVID-19, the local daily New Zealand Herald reported.   The authorities […]

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Turkey’s exports total $9B in April

May 29, 2020

Turkey’s exports dropped by 41.4% year-on-year in April to reach $8.99 billion, the country’s statistical authority announced on Friday.   The country’s imports also fell by 25% to stand at $13.55 billion in the month, versus the same month last year, the Turkish Statistical Institute (TurkStat) said.   The foreign trade deficit was $4.56 billion […]

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Brent crude price up with decline in US gasoline stocks

May 29, 2020

ANKARA (AA) Brent crude oil was up on Friday with a decline in US gasoline stocks, which implies that gasoline demand is picking up in the world’s largest oil-consuming country.   International benchmark Brent crude was trading at $35.65 per barrel at 0643 GMT for a 1.02% increase after closing Thursday at $35.29 a barrel. […]

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US crude oil stocks rise against market expectation

May 29, 2020

The US’ commercial crude oil stocks vastly increased last week against the market expectation of a decline, according to data released by the country’s Energy Information Administration (EIA) on Thursday.   Commercial crude oil inventories in the US increased by 7.9 million barrels, or 1.5%, to 534.4 million barrels for the week ending May 22, […]

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‘Nuclear skill helped Pakistan to earn $7.4B’

May 29, 2020

Dispelling the impression that pursuing nuclear technology was a drain on national resources, a top Pakistani nuclear scientist claimed that its peaceful use helped the country to add 1,200 billion rupees ($7.4 billion) to its national exchequer.   Participating in a webinar program to commemorate the 22nd anniversary of Pakistan’s nuclear testing organized by Islamabad-based […]

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UPDATE – Turkey’s economy grows 4.5% in Q1

May 29, 2020

Turkey’s economy grew 4.5% year-on-year in the first quarter of 2020, the country’s statistical authority announced Friday.   According to the Turkish Statistical Institute (TurkStat), gross domestic product (GDP) at current prices amounted to 1.07 trillion Turkish liras ($176.1 billion) in the January-March period.   “Seasonally and calendar adjusted GDP increased by 0.6% compared with […]

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Pakistani judge tests positive for COVID-19

May 29, 2020

A top judge of the high court of Pakistan’s southwestern Balochistan province and his eight family members have tested positive for coronavirus as the country’s COVID-19 tally topped 64,000 with record 57 deaths in the past 24 hours.   Justice Jamal Khan Mandokhel, the chief justice of Balochistan High Court, and his family members have […]

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Africa: Over 5,000 new virus cases for 2nd straight day

May 29, 2020

The coronavirus pandemic’s pace in Africa is quickening, with more than 5,000 new cases reported across the continent for a second straight day.       In an update on Friday morning, the Africa Centres for Disease Control and Prevention (Africa CDC) said 5,083 new COVID-19 cases were confirmed over the past 24 hours, raising […]

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