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Pakistan: Toxic politics and its effects on economy
Updated : 3 years, 1 month ago IST
An unprecedented economic slowdown is set to haunt Pakistan's future from the very near term onwards. Over the past 18 months, domestic interest rates have raced by 14 per cent to the present 21 per cent, setting the course for suppressed borrowing by the mainstream, The News.com reported.
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Police conduct search at home of suspected bomber at Japanese PM Kishida's
Updated : 3 years, 1 month ago IST
Police have urged residents in the neighbourhood to stay away as explosives were used in the incident on Saturday. The police have arrested Kimura Ryuji on the spot on suspicion of forcible obstruction of business. Kimura Ryuji is a 24-year-old man from Hyogo Prefecture, as per the news r
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Why China's SINOPEC is interested in export-oriented oil refinery in Sri L
Updated : 3 years, 1 month ago IST
Moreover, the current government once again announced a new big project that China is ready to start in Hambantota. The news is that a massive oil refinery aimed at export will be built in Hambantota with Chinese investment. This massive Chinese project is currently undergoing preliminary wo
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Pakistan: Electricity workers stage protests, demand one-month pay
Updated : 3 years, 1 month ago IST
Hundreds of electricity workers held a large protest rally in front of LESCO (Lahore Electric Supply Company) demanding month-long pay, reported The News International.
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Business community, political leaders stage protests in Khyber Pakhtunkhwa
Updated : 3 years, 1 month ago IST
Local political leaders and people from the business community staged protests in opposition to the entry of several armed men into the Tirah Valley of Khyber Pakhtunkhwa in Pakistan, The News International reported.
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Pakistan economic crisis continues as IMF bailout not in sight, Saudi Arab
Updated : 3 years, 1 month ago IST
"There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary respite," analyst Mosharraf Zaidi wrote in The News International last week. Saudi under Crown Prince, Prince Mohammed bin Sa
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Pakistan: Load-shedding affecting business of people in Balochistan
Updated : 3 years, 1 month ago IST
Load-shedding, spanning 18 hours, has made it impossible for people to carry out their work in Balochistan, as per the news report. With the ongoing power outages in Balochistan, tailors have not been able to stitch clothes, while Ramzan is the most important month for them to earn money.
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Pakistan: Lahore HC Bar Association highlights need for action against bla
Updated : 3 years, 1 month ago IST
The notification of the Lahore High Court Bar Association showcases how little progress Pakistan has made as a country with regard to "weaponizing" blasphemy. Further, according to the news report, Pakistan has learnt nothing from the mistakes committed as a country which has led to internat
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Study suggests teenagers who trust internet information find it less stres
Updated : 3 years, 1 month ago IST
Teens' trust in the news they read on social media - or lack thereof - may be critical in determining whether it contributes to or detracts from their well-being, according to a Cornell-led psychology study.
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How teens' trust on internet information is associated with stress
Updated : 3 years, 1 month ago IST
According to a Cornell-led psychology study, teens' faith in the news they read on social media -- or lack thereof -- may be key to whether it supports or detracts from their well-being.
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Pakistan: MQMP leader claims abduction of party members forced them to joi
Updated : 3 years, 1 month ago IST
Federal Minister for Maritime Affairs and Muttahida Qaumi Movement-Pakistan (MQM-P) Senator Faisal Subzwari revealed on Thursday that seven workers were detained and tortured, which forced the party to rejoin the cabinet of Imran Khan, The News International reported.
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Pakistan's politicians are failing their most vulnerable people
Updated : 3 years, 1 month ago IST
No attempt was made to reduce wasteful government spending or energy usage. No attempt was made to win back external creditors who have dumped Pakistani assets, unnerved by highly irresponsible comments from key policymakers. Promises made to the IMF were broken and wild accusations were hur
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