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Facebook, Twitter stocks drop 7%

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Last Updated on: October 25, 2022

Shares of Facebook and Twitter dived by seven percent in mid-day trading Friday after Unilever said it would pull its advertising from the social media companies for the rest of the year, CNN reported.

“Given our Responsibility Framework and the polarized atmosphere in the U.S., we have decided that starting now through at least the end of the year, we will not run brand advertising in social media newsfeed platforms Facebook, Instagram and Twitter in the U.S.,” Unilever Company said in a statement. “Continuing to advertise on these platforms at this time would not add value to people and society. We will be monitoring ongoing and will revisit our current position if necessary.”

The household goods company’s decision was taken upon the concerns over hate speech and divisive content on the platforms, it said.

“Based on the current polarization and the election that we are having in the US, there needs to be much more enforcement in the area of hate speech,” Luis Di Como, Unilever’s executive vice president of global media, told Wall Street Journal in an interview.

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Pakistan to repatriate nearly 20,000 Afghans awaiting US resettlement

Authorities will also share verified data of the affected individuals with relevant departments to support implementation.

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Pakistan will repatriate nearly 20,000 Afghan nationals currently awaiting resettlement in the United States, The Nation reported, citing official sources.

The move affects 19,973 Afghans living across Pakistan.

A federal directive will instruct provincial chief secretaries and police chiefs in Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Azad Kashmir, Gilgit-Baltistan, and the Islamabad Capital Territory to begin the repatriation process immediately.

Authorities will also share verified data of the affected individuals with relevant departments to support implementation.

Following the Islamic Emirate’s return to power in 2021, more than 100,000 Afghans fled to Pakistan, many of whom had worked with the US and UK governments, international organizations, or aid agencies.

Thousands have remained stranded in Pakistan for over four years while awaiting US resettlement clearance.

Prospects for relocation have dimmed amid a suspension of case processing by the US administration, according to The Nation.

Under Pakistan’s Illegal Foreigners Repatriation Plan (IFRP), all Afghan nationals still awaiting US relocation will now be returned to Afghanistan.

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Terrorist activities observed along Afghanistan borders, says Lavrov

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Terrorist activities continue to be observed along Afghanistan borders and along the India–Pakistan–Afghanistan corridor, Russian Foreign Minister Sergei Lavrov said in an interview published on Monday.

Speaking to Russia-based media outlet TV BRICS, Lavrov pointed to ongoing concerns in the Middle East, including its Asian regions.

He highlighted the importance of collaboration with India at the United Nations to advance a global counter-terrorism convention.

Lavrov stated that while the draft convention has already been prepared, consensus on its adoption has not yet been reached.

Russia has repeatedly expressed concern about militant threats from Afghanistan. The Islamic Emirate, however, has dismissed the concerns saying that it will not allow Afghanistan’s soil to be used against any country.

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Afghan border minister holds phone talks with Iran’s deputy foreign minister

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Noorullah Noori, Afghanistan’s Minister of Borders and Tribal Affairs, held a phone conversation with Kazem Gharibabadi, Iran’s Deputy Foreign Minister for Legal and International Affairs, to discuss bilateral border cooperation.

According to the Iranian news agency IRNA, both sides reaffirmed their commitment to strengthening border collaboration, with a particular focus on the ongoing renovation and updating of border markers. They also agreed to accelerate joint technical and legal meetings to enhance coordination.

As part of the agreement, the next meeting of senior border officials from Afghanistan and Iran is scheduled to take place in Iran in 1405 (2026–2027).

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