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U.S. PCE data will be 'scrutinized heavily,' strategist says
  + stars: | 2024-05-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. PCE data will be 'scrutinized heavily,' strategist saysMehvish Ayub, senior investment strategist at State Street Global Advisors, says last week's purchasing managers' index data was "quite a shocker."
Persons: Mehvish Ayub Organizations: U.S, PCE, State Street Global Advisors
Who are Haiti’s gangs? Complicating the situation is a torrent of smuggled guns and ammunition arming Haiti’s gangs, despite an arms embargo on the island. In October last year, the Multinational Security Support Mission (MSS) was finally greenlit by the United Nations’ powerful Security Council. More equipment, including armored vehicles and radios, is expected to arrive in Haiti for the MSS over the coming days and weeks. “We believe only the Haitian police can provide long term security for Haiti.
Persons: puncturing, Joe Biden, William Ruto, ” Ruto, , Viv Ansamn, Jovenel Moise, Antony Blinken, Al, Bill O’Neill, Ariel Henry, Ayub Abdikadir, Ruto, El Salvador, Felix Ulloa, , SPNH17, Nou Pap, Organizations: CNN, Kenyan, Haitian, Haiti’s National Police, Relations, Multinational Security, Multinational, United Nations, Security, police, UN, Presidential Council, Kenya’s Citizen, Canada, El, Salvadoran, , NPD, Haitian National Police Locations: Haiti, Haitian, Port, Washington, Kenya, Al Shabaab, Somalia, Sudan, Congo, Bahamas, Bangladesh, Barbados, Belize, Benin, Chad, Jamaica, United States, France, Spain, Canada, Toussaint Louverture, El Salvador
Shehbaz Sharif elected Pakistan's prime minister for second term
  + stars: | 2024-03-04 | by ( ) www.cnbc.com   time to read: +1 min
Pakistan's newly formed parliament elected Shehbaz Sharif on Sunday as prime minister for a second time, three weeks after uncertain national elections caused delays in the formation of a coalition government. Pakistan's newly formed parliament elected Shehbaz Sharif on Sunday as prime minister for a second time, three weeks after uncertain national elections caused delays in the formation of a coalition government. He beat Omar Ayub, the candidate backed by jailed former Prime Minister Imran Khan, who secured 92 votes. Sharif returns to the role he held until August when parliament was dissolved ahead of the elections and a caretaker government took over. "Shehbaz Sharif is declared to have been elected the prime minister of the Islamic Republic of Pakistan," National Assembly Speaker Ayaz Sadiq said, after announcing Sharif had secured 201 votes, above the required 169 votes in the house.
Persons: Shehbaz Sharif, Omar Ayub, Imran Khan, Sharif, Ayaz Sadiq, Khan Organizations: Sunni Ittehad Council, SIC Locations: Islamic Republic of Pakistan
(Reuters) - The Pakistan Tehreek-Insaaf (PTI) party run by former Prime Minister Imran Khan has nominated party general secretary Omar Ayub as its candidate for prime minister, another party leader said on Thursday. Independent candidates backed by jailed former premier Imran Khan have won 92 seats in last week's election, making them the largest group, but they cannot form a government on their own, having run as individuals and not a party.
Persons: Imran Khan, Omar Ayub Organizations: Reuters, Insaaf Locations: Pakistan
SYDNEY (AP) — Across a treacherous stretch of water, the Rohingya came by the thousands, then died by the hundreds. Last year, nearly 4,500 Rohingya — two-thirds of them women and children — fled their homeland of Myanmar and the refugee camps in neighboring Bangladesh by boat, the United Nations’ refugee agency reported. On Thursday, Indonesian officials said another boat carrying Rohingya refugees landed in the country’s northern province of Aceh. Global indifference toward the Rohingya crisis has left those languishing in the overcrowded camps with few alternatives to fleeing. “Of course I understand how dangerous the boat journey by sea is,” Ayub says.
Persons: , Marzuki, Andi Susanto, , Babar Baloch, — that’s, Mohammed Ayub, Myanmar’s, Ayub, ” Ayub, , It’s, UNHCR’s Baloch, Mohammed Taher’s, Mohammed Amin, Taher, ” Taher, Niniek Karmini Organizations: SYDNEY, United Nations ’, UNHCR, Fishermen, Associated Press Locations: Myanmar, Bangladesh, Bengal, Andaman, Aceh, Lhokseumawe, Asia, Indonesia, Malaysia, UNHCR’s, Jakarta
We're 'quite overweight' on U.S. stocks, strategist says
  + stars: | 2023-11-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're 'quite overweight' on U.S. stocks, strategist saysMehvish Ayub of State Street Global Advisors says "equities are our preferred asset class over fixed income."
Persons: Mehvish Ayub Organizations: State Street Global Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is 'very sticky' and higher than expected, strategist saysMehvish Ayub of State Street Global Advisors says it's a "poor environment" for fixed income in the medium term.
Persons: Mehvish Ayub, it's Organizations: State Street Global Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. Fed will continue to raise interest rates, strategist saysMehvish Ayub of State Street Global Advisors says that although the U.S. Federal Reserve could breathe "a huge sigh of relief" after the June inflation print, core inflation is still "way above" its target of 2%.
Persons: Mehvish Ayub Organizations: U.S, Fed, State Street Global Advisors, U.S . Federal
[1/4] Adil Hussain, 44, from Pakistan, whose brother Matloob, 43, went missing after a deadly migrant shipwreck off the coast of Greece last month, cries during an interview with Reuters in Athens, Greece, July 4, 2023. If they are dead, take them out," Adil Hussain said, urging Greece to hire a vessel to recover them. Lawyers representing families of the missing plan on Thursday to ask judicial authorities investigating the case for the boat to be retrieved. Survivors have said that the ship capsized after a disastrous towing attempt by the Greek coast guard, which Greece denies. A spokeswoman for Pakistan's Foreign Office, Mumtaz Zahra Baloch, said bodies would be transported to Pakistan upon verification and release by the Greek authorities.
Persons: Adil Hussain, Matloob, Stelios Misinas, Matloob Hussain, Adil, Hussain, we'll, Takis Zotos, Zotos, Alam Shinwari, Mumtaz Zahra Baloch, Muhammad Ayub, Muhammad Yasin, Lefteris Papadimas, Renee Maltezou, Gibran Peshimam, Alexandra Hudson Organizations: Reuters, REUTERS, Titanic, Pakistan's Federal Investigation Agency, FIA, Pakistan's Foreign, Alexandra Hudson Our, Thomson Locations: Pakistan, Greece, Athens, Stelios Misinas ATHENS, Syria, Egypt, Libya, Italy, Pylos, Turkey, Islamabad
Having failed to revive a 2015 Iran nuclear deal, Washington hopes to restore some limits on Iran to keep it from getting a nuclear weapon that could threaten Israel and trigger a regional arms race. An Iranian official said: "Call it whatever you want, whether a temporary deal, an interim deal, or a mutual understanding - both sides want to prevent further escalation." U.S. Special Envoy for Iran Rob Malley has also met Iran's ambassador to the U.N. after months of Iran refusing direct contact. The Western official said the key U.S. objective was to keep the nuclear situation from worsening and to avoid a potential clash between Israel and Iran. U.S. House Foreign Affairs Committee Chairman Michael McCaul, a Republican, wrote to President Joe Biden on Thursday saying "any arrangement or understanding with Iran, even informal, requires submission to Congress".
Persons: Donald Trump, Matt Miller, Washington, Brett McGurk, Ali Bagheri Kani, Iran Rob Malley, miscalculate, Michael McCaul, Joe Biden, Parisa, John Irish, Arshad Mohammed, Ramu Ayub, Simon Lewis, Daphne Psaledakis, Don Durfee, William Mallard Organizations: U.S . Congress, State Department, U.S . National Security, International Atomic Energy Agency, U.S, . House Foreign, Republican, John, Thomson Locations: DUBAI, PARIS, United States, Iran, Russia, Washington, Israel, Tehran, U.S, de, Ukraine, Oman, Ali Bagheri Kani . U.S, IRAN, ISRAEL, Parisa Hafezi, Dubai, Paris, Saint Paul , Minnesota
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Fed needs a catalyst before it starts cutting interest rates, says strategistMehvish Ayub of State Street Global Advisors says "that catalyst could occur in the next six months with all of the risk events that we have on the horizon."
A 17-year-old critically ill elephant called Noor Jehan has died at Pakistan’s Karachi Zoo, with the animal welfare charity that had been treating her calling for the zoo’s closure. Noor Jehan represents so many more wild animals that suffer in captivity, in Pakistan and worldwide,” the group said. “We welcome that the Federal and Sindh government are considering shutting down Karachi Zoo permanently. Reuters reported that the director of Karachi Zoo Khalid Hashmi was removed from is role on April 8 over complaints of negligence. Noor Jehan was brought to Pakistan from Tanzania more than a decade ago, Reuters said.
[1/2] African elephant Noor Jahan, 17, who is unwell, rests on a sand pile, at a zoo in Karachi, Pakistan April 14, 2023. REUTERS/Akhtar Soomro TPX IMAGES OF THE DAYKARACHI, Pakistan, April 14 (Reuters) - Noor Jehan, an elephant in Pakistan's Karachi Zoo, is critically ill after the 17-year-old fell in a pond on Thursday in a small enclosure. Right after the fall Four Paws, a global animal welfare organization, recommended lifting Noor Jehan with a crane, ropes and belts. The veterinarian from Egypt had then given Noor Jehan a strong chance of survival. Khalid Hashmi was removed as director of Karachi Zoo on April 8 over complaints of negligence.
"Magic Mike's Last Dance" is now available to watch from the comfort of your living room. You can buy "Magic Mike's Last Dance" for $25 or rent it for $20 from digital retailers like Amazon. Check out the trailer for 'Magic Mike's Last Dance'"Magic Mike's Last Dance" stars Channing Tatum, Salma Hayek Pinault, Ayub Khan Din, Jemelia George, and Juliette Motamed. Where to watch 'Magic Mike's Last Dance'"Magic Mike's Last Dance" is now available to watch at home through streaming retailers like Prime Video, Vudu, and Apple TV. If you buy "Magic Mike's Last Dance," you can stream it whenever you like with no restrictions.
Market participants in a recent treasury bill auction are expecting at least a 200 basis points increase in the central bank's policy rate, which stands at 17%. The expected increase is based on the rates the Pakistan government set in the auction to raise the funds. The cut off rates for the three-month, six-month, and 12-month tenors jumped 195 bps, 206 bps, and 184 bps higher than the previous auction. While the government expects a deal with IMF soon, media reports say that the agency expects the policy rate to be increased. “Pakistan has two core inflation readings i.e., Urban (15.4% for Jan-23) and Rural (19.4%) and no national core number is released.
NAIROBI, Jan 6 — Kenyan police have discovered the body of a prominent LGBTQ rights campaigner stuffed inside a metal box in the west of the country, local media reported on Friday. Activist Edwin Chiloba’s remains were found on Tuesday near Eldoret town in Uasin Gishu county, where he ran his fashion business, independent rights group the Kenya Human Rights Commission (KHRC) said. “He was brutally killed & dumped in the area by unknown assailants,” KHRC said on Twitter. The country’s film board has banned two films for their portrayals of gay lives in recent years. Edwin Chiloba was a fighter, fighting relentlessly to change the hearts and minds of society when it came to LGBTQ+ lives,” GALCK, a Kenyan gay rights group, said on Twitter.
Trump called the special counsel appointment a "rigged deal." Biden did not respond to shouted questions from reporters about the special counsel during his only public appearance of the day. REUTERS/Evelyn Hockstein 1 2 3This marks the second time in five years that the Justice Department has appointed a special counsel to probe Trump's conduct. Smith is the Justice Department's third special counsel to be appointed since 2017 to handle a politically sensitive case. In 2019, Barr appointed John Durham as special counsel to investigate the origins of the FBI's probe into Trump's 2016 campaign.
Factbox: Pakistan's history of coups and assassinations
  + stars: | 2022-11-03 | by ( ) www.reuters.com   time to read: +2 min
Pakistan has a history of political coups and unrest. 2007 - Two-time Prime Minister Benazir Bhutto is assassinated in a gun and bomb attack after holding an election rally in Rawalpindi. He puts Bhutto under house arrest, imposes martial law, suspends the constitution and bans political parties1973 - Zulfiqar Ali Bhutto elected as prime minister, taking over from General Yahya Khan. 1958 - In Pakistan's first military coup, Governor-General Iskander Mirza enforces martial law with General Ayub Khan as chief martial law administrator. 1951 - Pakistan's first Prime Minister Liaquat Ali Khan, after the 1947 partition of India, is shot dead at a political rally in Rawalpindi.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCash is king and it's not a good time to own financial assets, says strategistMehvish Ayub of State Street Global Advisors says there has been more volatility across all asset classes since the beginning of this year.
Pakistan: O pană de curent a scufundat ţara în întuneric
  + stars: | 2021-01-10 | by ( ) www.jurnal.md   time to read: +1 min
Pana de curent a fost provocată de o defecţiune survenită la orele 23.41 (18.41 GMT) în sudul ţării, a făcut cunoscut ministrul energiei, Omar Ayub Khan, pe Twitter, afirmând că se bazează pe primele elemente disponibile. „Defecţiunea a afectat sistemul de transmisie al ţării ceea ce a dus la oprirea centralelor”, a explicat el. Pana de curent a afectat toate marile oraşe ale ţării, printre care capitala Islamabad, cea economică, Karachi, precum şi al doilea oraş ca mărime la ţării, Lahore. Curentul electric a revenit în unele zone din ţară şi numeroase echipe lucrau duminică dimineaţă pentru a-l restabili în restul ţării, a indicat Ministerul Energiei. Netblocks, o organizaţie neguvernamentală care înregistrează problemele de internet, a subliniat că, urmare a defecţiunii la reţeaua electrică, conectivitatea în Pakistan a scăzut, stabilizându-se la "62% din nivelul obişnuit", potrivit contului său de Twitter.
Persons: Omar Ayub Khan Locations: ţării, Islamabad, Karachi, Lahore, Pakistan
January 10, 2021„Defecțiunea a afectat sistemul de transmisie al țării ceea ce a dus la oprirea centralelor”, a explicat el. Pana de curent a afectat toate marile orașe ale țării, printre care capitala Islamabad, cea economică, Karachi, precum şi al doilea oraş ca mărime la ţării, Lahore. Curentul electric a revenit în unele zone din țară și numeroase echipe lucrau duminică dimineața pentru a-l restabili în restul ţării, a indicat Ministerul Energiei. Netblocks, o organizaţie neguvernamentală care înregistrează problemele de internet, a subliniat că, urmare a defecţiunii la reţeaua electrică, conectivitatea în Pakistan a scăzut, stabilizându-se la "62% din nivelul obişnuit", potrivit contului său de Twitter. Numeroşi pakistanezi sunt lipsiţi de curent mai multe ore în timpul zilei, situaţie care se agravează în perioada căldurii estivale.
Persons: Omar Ayub Khan, Mc Leod, Gulshan, . Fort, Shamke, Ravi, Badami, . Sabzar, . Sheikhupura, . Sapphire Organizations: Grids, Bund, Orient Locations: ţării, Lahore, including, Islamabad, Karachi, Pakistan
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