South Asian Pulse Headlines – December 2nd
- Bank of Canada has kept its overnight lending rates the same at 0.5% because the economy is being adjusted amid lower oil and commodity prices.
- RBC has announced its annual profits for 2015 have risen to $10 billion, an increase of 11% from last year.
- National Bank of Canada has also announced its profits have gone up compared to last year.
- A recent study shows that more and more people are defaulting on their debts in Saskatchewan and Alberta and the situation is getting worst.
- Conservative MP Lisa Raitt has said Prime Minister Justin Trudeau should pay nannies from his salary adding Canadian taxpayers should not pay their wages.
- Vancouver did not get much snow during winter last year and reports point this year it will be lesser. Winter in Vancouver will be warmer compared to 2014.
- Announcing the birth of his daughter Max, facebook CEO Mark Zuckerberg has said before his death he will give away 99% of his company’s shares to good causes. He has also announced to donate $45 billion to a charity.
- Nato has further irked Russia by formally inviting Montenegro to join the alliance. The move has not been received well by Russia.
- Russia has said it has solid proof of the illicit ISIS-Turkey oil trade, an allegation denied by Turkey.
- Pakistan’s military courts have hanged four convicted terrorists linked with the Peshawar school massacre.
- In the Karachi shoot-out, Rangers have killed two suspected terrorists.
- Fresh rains lashing Chennai have created serious flooding in the city with road, flights and rail links being suspended, adding to the woes of people. Though the government of Tamil Nadu is trying its best to accommodate affectees but has asked centre to extend help as well.
- BJP did not get enough support in Gujrat local body polls but Congress made surprise gains in the state.
- India’s External Affairs Minister Sushma Swaraj may visit Pakistan next week for a meeting on Afghanistan.