Your daily dose of insights
[ KARACHI: Amid the post-Covid massive inflationary spiral, the fiscally suffocated government with limited days of foreign exchange reserves became massively dependent on the domestic debt market to finance their massive deficits, and amid rising inflation they had to issue massive amount of floating-rate, long-tenor debt instruments to manage extreme rollover risk. For reference, the … Read more
At least six people were killed and more than 100 rescued after the vessel sank in the Java Sea on Sunday, the authorities said.
[ Central banks quietly diversifying holdings as geopolitical tensions reshape assumptions about where reserves are saf KARACHI: The Dutch central bank (DNB) has shifted 86 metric tons of gold from New York and Ottawa to London as part of “crisis preparedness” amid global political tensions. The bank held 612.4 metric tons of gold worth 72.2 … Read more
MOHMAND: The education of 519 students is reportedly being affected by a severe shortage of teachers at two government schools in Halimzai tehsil of Mohmand tribal district, raising concerns among parents about their children’s academic future. According to local sources, the Government Primary School Yaseen Kor Kamali has only one teacher for around 300 students, … Read more
Militants have opened a new front in Peshawar by weaponising commercially available drones to target police installations from a distance while remaining concealed. At least two drone attacks have been reported in recent weeks. The first targeted the Tarnab police post in the limits of Chamkani police station, injuring four people, including two policemen and … Read more
Generation of electricity is the second largest source of carbon dioxide and other planet-warming gases in the United States.
SWEDEN: Sweden began voting Sunday in a general election after a tight race that will see either the far-right enter government for the first time or the left-wing opposition reclaim power. Opposition leader Magdalena Andersson of the Social Democrats was among the first to cast her ballot after polling stations opened at 8:00 am (0600 … Read more
[The long-running CBS News program returned for a high-pressure 59th season on Sunday. With new correspondents and a refreshed stopwatch, it was more tweak than overhaul.
The debate over the safety of artificial intelligence grew personal as key tech leaders said calls for government regulation were self-serving and misplaced.
LAHORE: Punjab will need around 19,000 additional public sector primary schools by 2040 to cater to its growing population, while nearly 10 million children aged five to 16 years are currently out of school. The estimates shared in a fact sheet released by a non-governmental organisation, the Population Council, expose a widening gap facing the … Read more