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US exempts aviation, space exports from new Russia sanctions

Sunday, August 4, 2019, 12:31 PM

The State-Department said that products related to those sectors will not be automatically subjected to an-export-ban that was announced by President Trump this week. The sanctions do include a presumption of denial for export-licenses for items that could be used in the production of chemical and biological weapons. The new US-sanctions will take effect in September and will remain in place for atleast year.
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Europe pushes World Bank official Georgieva for top IMF job

Saturday, August 3, 2019, 7:59 PM

European governments have decided to put forward World Bank official Kristalina Georgieva from Bulgaria as their candidate to replace Christine Lagarde as head of the Washington-based International Monetary Fund. Georgieva prevailed in a vote Friday among EU governments over former Netherlands finance minister Jeroen Dijsselbloem, according to tweets from French Finance Minister Bruno Le Maire and European Commission President Jean-Claude Juncker.
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Imran Khan, On 3-Day US Visit, Holds Talks With World Bank President

Monday, July 22, 2019, 8:19 PM

Pakistan PM Imran Khan, who is on a three-day visit to the US held talks with World Bank President David Malpass. Pakistan's foreign minister Shah Mehmood Qureshi and Adviser to PM on Commerce Abdul Razak Dawood, Adviser to PM on Finance Abdul Hafeez Sheikh were also present during the meeting. Mr Khan is scheduled to meet US President Trump at the White House tomorrow.

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