Tag: crisis
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Palestinians forced to loot aid trucks as hunger crisis worsen
Intensified Israeli attacks on Gaza continue after more than two months since the October 7 attacks. Al Jazeera’s Hani Mahmoud from Rafah reported on increasing hunger in the Gaza strip as available resources are not enough to compensate for food requirements and other necessities for the locals who are now on “survival mode”. A video…
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1.8 million Palestinians internally displaced, have no where to escape
With about 1.8 million Palestinians already displaced across Gaza, the Israeli military has now called to evacuate areas in Khan Younis. On October 13th, Israel directed one million Gazans in the north to move south. But now, the internally displaced as well as the local residents have been asked to evacuate the south with no…
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After protests, people going to court against LESCO
After a sharp hike in electricity bills, an increasing number of cases are being filed against LESCO in courts, as people turn towards legal recourse as a last option. More than 400 cases were filed against WAPDA within a week. The court, taking immediate action, ordered the department to divide the bills into installments. Consumers…
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Crisis on wheels: Pakistan’s automotive industry grapples with mass layoffs and 70% sales drop
The automotive industry in Pakistan is facing a severe setback as thousands of workers were laid off due to a decline in vehicle and spare parts sales. The government’s ban on raw material imports, coupled with the depreciation of the rupee and soaring inflation, has caused a significant strain on the industry. With foreign exchange…
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CNG stations in Punjab, KP to remain shut till March 2023
CNG stations in Punjab and KP will stop operating from November 2022 to March 2023 as the gas crisis increases as a result of the lack of required LNG during the winter. While the government is obligated to purchase 12 LNG cargoes each month, Pakistan LNG Limited (PLL) has been unable to do so; as…
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Pakistan is out of danger, there is no risk of the country going bankrupt: Miftah Ismail
The present coalition government has lifted Pakistan out of danger, according to Federal Finance Minister Miftah Ismail, as there is no chance of the nation becoming bankrupt. In an interview during Geo News show “Aaj Shahzeb Khanzada Kay Sath” on Monday, the minister stated that Pakistan Tehreek-e-Insaf (PTI) leader Imran Khan had put the country…
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Flood-related losses may exceed $10 billion: Ahsan Iqbal
Planning Minister Ahsan Iqbal said that the initial economic losses caused by the floods in Pakistan cost at least $10 billion. The estimated cost was disclosed by Planning Minister on Monday, saying that Pakistan needed help from the rest of the world to deal with the consequences of climate change. Unexpected monsoon rains have caused…
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Pakistan sends aid to earthquake-stricken Afghanistan
The National Disaster Management Authority (NDMA) on Thursday dispatched relief supplies for the earthquake victims in Afghanistan on the special directives of Prime Minister (PM) Shehbaz Sharif. Details indicate that the NDMA dispatched a shipment containing family tents, tarpaulins, blankets, and emergency medications, according to the NDMA spokesperson. “Pakistan has assured all possible support to…
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UK inflation reaches 40-year high as food and energy prices jump
British consumer price inflation hit a new 40-year high of 9.1 per cent last month, the highest rate among the Group of Seven nations and highlighting the severity of the cost-of-living crisis. Rising food prices were a significant factor in this uptick. The reading, which increased from 9.0 per cent in April, was in line…
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Pakistan pushed into darkness due to Europe’s decision to cut off Russian fuel
The European attempt to abandon Russian oil is intended to punish Moscow for its invasion of Ukraine. It’s also wreaking havoc thousands of miles away, throwing Pakistan into darkness, destabilising one regime, and jeopardising the country’s new leadership’s stability. According to Bloomberg, Pakistan invested heavily in liquefied natural gas and inked long-term contracts with Italian…