With debt obligations drawing to a close, PM Shehbaz Sharif has made an urgent appeal for relief in the repayment of debts from rich nations, reminding them that Pakistan is bearing the brunt of environmental damage caused by them to cater to their greed. In a conversation with Bloomberg TV, PM Shehbaz Sharif said that […]
Russia is purchasing millions of rockets and artillery shells from North Korea to re-energize its offensive in Ukraine, according to recently declassified U.S. intelligence, as Western sanctions begin to choke Moscow’s supply of weapons. The Russian ministry of defense was “in the process of purchasing millions of rockets and artillery shells from North Korea for […]
Putin mobilises more troops for Ukraine, accuses West of ‘nuclear blackmail’ Russian President Vladimir Putin on Wednesday called up 300,000 reservists to fight in Ukraine and said Moscow would respond with the might of all its vast arsenal if the West pursued what he called its “nuclear blackmail” over the conflict there. It was Russia’s […]
The Pakistani rupee on Wednesday plunged to an all-time low of Rs240 against the US dollar in the inter-bank market as the currency remained under pressure due to a bullish US Federal Reserve among high oil prices. Domestic currency lost 12% against the USD during the last 14 days. This is the 14th consecutive working […]
Pakistan expects to cut its Gross Domestic Product (GDP) growth projection for the financial year 2022-2023 from five per cent to three per cent due to losses from the catastrophic monsoon rains and floods, Planning Minister Ahsan Iqbal said on Friday. His warning came as the National Disaster Management Authority (NDMA) reported that the death […]
Russia has launched week-long military drills involving forces from China and other nations, an exercise that shows growing defence cooperation between Moscow and Beijing as they both face tensions with the United States. The large-scale manoeuvres also seem to be intended to demonstrate that Russia has sufficient military might for enormous drills even as its […]
Prime Minister Shehbaz Sharif on Tuesday said Pakistan will need to “work hard” for self-sufficiency and urged structural reforms following the revival of the International Monetary Fund (IMF) program. The revival of the IMF program was “critical” to the economy, tweeted PM Shehbaz. However, the economic stability brought by the IMF deal is just the […]
The Pakistani rupee surged against the US dollar Tuesday. During intraday trade after the International Monetary Fund’s (IMF) executive board revived the much-awaited bailout program for Islamabad. The rupee rose 2.42 against the US dollar to 219.50. During intraday trading on the interbank market from Monday’s close of 221.92. After months of desperate efforts. Global […]
The purpose of this report is to analyze the viability of investing in digital currencies and to argue that people should invest in them for the long term. Currency is a virtual currency protected by encryption, which prevents double spending on a distributed network. In today’s world, there are over 1600 cryptocurrencies that can be […]
Egypt’s National Authority for Tunnels (NAT) plans to build a 1,800-kilometer high-speed rail network that will be integrated throughout the country. The high-speed rail network; dubbed Suez Canal on tracks; will link the Red Sea and the Mediterranean for the safe transport of people and goods. Trains will be able to travel at a top […]
