Biden picks career diplomat, Middle East expert as envoy in Pakistan

Donald Blome (C), US Consul General in Jerusalem, is seen during the launch of a conservation project to preserve Solomon's Pools in the West Bank town of Bethlehem, on October 10, 2017. (AFP/ FILE)
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Updated 20 October 2021
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Biden picks career diplomat, Middle East expert as envoy in Pakistan

  • Donald Blome is currently US ambassador to Tunisia 
  • Pakistan is playing a major role in diplomacy with its Taliban-ruled neighbor

WASHINGTON: US President Joe Biden plans to nominate Donald Blome, currently ambassador to Tunisia, as his top diplomat in Pakistan as Washington works to manage the situation in neighboring Afghanistan following the withdrawal of American troops.
Biden on Tuesday will announce plans to nominate Blome to the job in Pakistan, the White House said. Blome is a career Foreign Service diplomat with long experience in the region who once worked in the Kabul embassy, shuttered earlier this year during the US military withdrawal from Afghanistan.

Pakistan is playing a major role in diplomacy with its Taliban-ruled neighbor.
International agencies have warned that Afghanistan is on the verge of humanitarian collapse without access to aid or foreign reserves, which remain frozen in the United States.
Pakistan’s relationship with neighboring China has also been of interest to the Biden administration, which regards Beijing as its chief international rival.
Tunisia, where Blome has worked as ambassador since 2019, is an important diplomatic outpost for the United States in North Africa, representing interests beyond the country’s borders, including in neighboring Libya.




U.S. ambassador to Tunisia Donald Blome (L) pictured during his meeting with Tunisian Minister of Tourism Habib Ammar in Tunisia on February 17, 2021. (U.S. Embassy Tunis)

The ambassadorial position requires Senate confirmation.


Pakistan stocks rebound on easing regional tensions, gain over 1,500 points

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Pakistan stocks rebound on easing regional tensions, gain over 1,500 points

  • The development came after Iran said it was keeping communication channels with Washington open amid cost-of-living protests
  • It followed a threat by President Donald Trump last week to intervene militarily if Tehran continued cracking down on protesters

ISLAMABAD/KARACHI: The Pakistan Stock Exchange (PSX) edged higher on Tuesday as the benchmark index gained more than 1,500 points, with analysts citing easing regional tensions following signals of potential talks between Iran and the United States (US).

The benchmark KSE-100 index gained 1,567.36 points, or 0.86 percent, to close at 183,951.50 points, compared to the previous close of 182,384.14 points when the market had shed more than 2,000 points, according to PSX data.

Iran has been witnessing public unrest over worsening economic conditions. Around 2,000 people, including security personnel, have been killed in violent protests, Reuters reported, citing an Iranian official.

Tehran said on Monday that it was keeping communication channels with Washington open as US President Donald Trump imposed 25 percent tariffs on countries trading with the Islamic republic.

“Stocks showed sharp recovery at PSX after Iran and US signal talks over unrest in Iran,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

“Surging global crude oil prices and speculations ahead of corporate results in the earnings season played a catalyst role in bullish close.”

Najeeb Ahmed Khan Warsi, digital and retail business officer at Al-Habib Capital Market, said the index had seen a three-day bearish streak.

“Geopolitics and global volatility driving downturn, profit-taking and economic concerns weigh in,” he added.

Meanwhile, Pakistani market research firm Topline Securities said the benchmark index ended the session on a “positive note” on Tuesday.

“Trading interest remained subdued, as total market volumes reached 1,033 million shares, while the value of shares traded stood at Rs62.9 billion,” it said in a daily market review on X.

United Bank Limited (UBL), National Bank of Pakistan (NBP), Muslim Commercial Bank Limited (MCB), Lucky Cement Limited (LUCK) and Meezan Bank Limited (MEBL) jointly contributed 936 points to the index, according to the research firm.

Fauji Fertilizer Company Limited (FFC), Sazgar Engineering Works Limited (SAZEW) and Haleon Pakistan Limited (HALEON) collectively shaved 158 points off the index.

“Bank of Punjab (BOP) led the volume rankings, emerging as the most actively traded stock with 73 million shares,” Topline Securities added.