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‘Helicopter money’: Fast moving on to European Central Bank’s radar

Frankfurt / AFP It’s a concept that conjures up images of European Central Bank (ECB) chief Mario Draghi donning his flying suit, starting his helicopter and flying out over the eurozone to throw money to the crowds below. In the question-and-answer session of his traditional post-meeting press conference last week, Draghi was asked whether “helicopter money” was part of the ...

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Kazakhstan goes to polls in parliamentary vote

Astana / AFP Citizens of energy-rich Kazakhstan went to the polls on Sunday in an early parliamentary election expected to provide a commanding majority for ageing autocrat President Nursultan Nazarbayev’s ruling Nur Otan party. Close to 10 million voters are eligible to cast votes in a ballot held early amid economic gloom in the Central Asian state and featuring six ...

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Pakistan province will celebrate Hindu holiday

Karachi / AFP Pakistan’s southern Sindh province has announced a public holiday to celebrate Holi next week, the first time the Hindu “festival of colours” will be officially marked in the overwhelmingly Muslim country. The move comes days after Pakistan’s federal parliament passed a non-binding resolution that called for the country to observe Hindu and Christian holidays. “We have announced ...

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