Won't support declaring Pakistan a 'terrorist state': US

October 7, 2016

Washington, Oct 7: The US today said it does not support declaring Pakistan a 'terrorist state' but will continue to work with the governments in the region to eliminate safe havens which also pose a threat to India.

jkThe US also called for a "meaningful dialogue" between India and Pakistan to address differences including the Kashmir issue and to bring down the recent tensions.

State Department spokesperson John Kirby, however, expressed confidence that Pakistan has kept nuclear arsenals safe from terrorists.

Asked if the government would support a bill in the Congress and an online petition that the US should declare Pakistan a 'terrorist state', Kirby at his daily press briefing said: "I have not seen anything specifically about the – such a bill, and obviously we don't."

He, however, said he would not comment on "whatever pending legislation may be coming in that regard". "What we – what I would say is common threat, common challenge in the region, and we're going to continue to work with Pakistan, with Afghanistan, and the Secretary (of State) just came back from Brussels and the Afghanistan conference in Brussels. And obviously it's a threat to the Indian people as well.

"So we're going to continue to work with the governments in the region to try to address these common threats and challenges, and we've always said that more can be done about the safe havens and that's – we're going to, again, try to work as cooperatively as we can to that end," Kirby said.

He said the US' position on Kashmir has not changed and it is for India and Pakistan to address the problem.

"On the Kashmir issue, our position has not changed. We want this to be worked out between both sides, the issue of Kashmir. And generally, we obviously want to see the tensions that exist right now be brought down and for dialogue to take its place – meaningful dialogue to try to address these issues bilaterally between the countries," Kirby said.

He added that the US wanted India and Pakistan to resolve their differences."There are still differences of opinion that exist between them; and as I said earlier, we want them to work through those differences. We have differences with many countries too, and we continue to try to work through them," Kirby said.

"That's all we're asking, that's all we're hoping, that's all we're expecting from leaders in India and Pakistan. But we don't believe for a minute that they don't take the challenges before them seriously or the lives and security of their children," he said.

Kirby also said the US had full confidence in Pakistan's nuclear security."I think we've said before we're confident that Pakistan has the security controls they need to have in place on their arsenal," he said.

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News Network
July 1,2020

Washington, Jul 1: The United States has approved four coronavirus vaccine candidates for clinical trials, Food and Drug Administration (FDA) head Stephen Hahn told reporters.

"Four vaccines have been approved for moving into clinical trials... and another six are in the pipeline for us to review," Hahn said during a press briefing on Tuesday.

The US Administration launched in May Operation Warp Speed, a joint project of Health and Defense Departments, which aims to deliver 300 million doses of a vaccine for COVID-19 by January 2021.

The country's top pandemics expert Anthony Fauci warned on Tuesday, however, that there is no certainty the United States will be able to develop a vaccine against COVID-19 that works and will be safe.

Data on vaccine effectiveness, he added, may be available in the winter or early next year.

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News Network
June 30,2020

Six months since the new coronavirus outbreak, the pandemic is still far from over, the World Health Organization said Monday, warning that "the worst is yet to come".

Reaching the half-year milestone just as the death toll surpassed 500,000 and the number of confirmed infections topped 10 million, the WHO said it was a moment to recommit to the fight to save lives.

"Six months ago, none of us could have imagined how our world -- and our lives -- would be thrown into turmoil by this new virus," WHO chief Tedros Adhanom Ghebreyesus told a virtual briefing.

"We all want this to be over. We all want to get on with our lives. But the hard reality is this is not even close to being over.

"Although many countries have made some progress, globally the pandemic is actually speeding up.

"We're all in this together, and we're all in this for the long haul.

"We will need even greater stores of resilience, patience, humility and generosity in the months ahead.

"We have already lost so much -- but we cannot lose hope."

Tedros also said that the pandemic had brought out the best and worst humanity, citing acts of kindness and solidarity, but also misinformation and the politicisation of the virus.

In an atmosphere of global political division and fractures on a national level, "the worst is yet to come. I'm sorry to say that," he said.

"With this kind of environment and condition, we fear the worst."

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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