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Wednesday, November 13, 2024

Pakistan’s economic challenges: Struggling to manage debt and boost reserves

Pakistan faces risk of default as it struggles to repay foreign debt & interest worth $22bn over the next year.

Petrol prices in Pakistan: Rising costs and economic challenges

Expected rise in petrol prices in Pakistan may impact living costs while lowering diesel prices could provide benefits.

OPEC+ production cuts: mixed impact on oil prices and worries for consumers

Oil prices have been on the rise for the past few weeks, with Brent crude futures and West Texas Intermediate crude futures set to...

Pakistani rupee makes a comeback against the US dollar

Recent developments in Pakistan's economy include rupee depreciation, government measures to address challenges, and UAE's commitment.

Pakistan’s auto industry grinds to a halt amid economic turmoil

Pakistan's restrictions on imports have severely disrupted the country's auto industry, leading to production halts for major automakers.

Australia’s unwavering support for vulnerable communities in Pakistan

In a world where hunger persists, Australia has taken a bold step by announcing AUD 5M for emergency nutrition.

Russian diesel exports boom despite EU ban

Despite EU sanctions depriving Russia of its largest market, its diesel shipments are on track to set a record this month.

Nokia launched its new C02 smartphone

Nokia has recently launched its new C02 smartphone featuring a removable battery which makes it a unique and rare smartphone. The phone has a unique...

Record High Exchange Rate of USD against Pak Rupee

The Pakistani rupee has continued to depreciate steeply, as it hit an all-time low of Rs 269.10 against the US dollar in the interbank market, on January 30.

Cost-of-living crisis biggest global risk: Davos study

Global inflation remains at sky-high levels after energy and food costs rocketed last year following the invasion of agricultural powerhouse Ukraine by major oil and gas producer Russia.

Taliban government signs oil deal with Chinese firm

The Taliban government of Afghanistan has signed an oil extraction deal with a Chinese company, Bloomberg reported on Friday.

Russia warns Germany to not confiscate its assets

Russia warns Germany to not confiscate its assets and their subsequent transfer to Ukraine may create a dangerous precedent in international law, Vyacheslav Volodin, the speaker of the State Duma, Russia’s lower house of parliament, has claimed.