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500-year-old wooden shoe discovery
World

Dutch Archaeologists Found Rare 500-Year-Old Wooden Shoe in Alkmaar

by Ali Haider December 24, 2024
written by Ali Haider

Dutch Discover Rare 500-Year-Old Wooden Shoe

AMSTERDAM: Dutch archaeologists have uncovered a rare 500-year-old wooden shoe in Alkmaar, offering a glimpse into the daily life and fashion of the late 15th and early 16th centuries. This remarkable find highlights the historical significance of wooden shoes, which have become a symbol of Dutch culture worldwide.

The shoe, found during construction work in Alkmaar, approximately 30 kilometers northwest of Amsterdam, is believed to date back to the period between 1450 and 1558. Its discovery sheds light on the widespread use of wooden footwear in urban areas—a context not often associated with clogs.

A Historic Find in an Unexpected Place

The wooden shoe was unearthed last month from a cesspit uncovered during the installation of an underground waste container. Archaeologist Silke Lange described the find as extraordinary due to its urban setting.

“It was found in a cesspit in an urban surrounding. So this is very special, because with wooden shoes, you always think of farmers using them during their work,” Lange explained in an interview with Reuters.

Unlike the common association of wooden shoes with rural or agricultural environments, this discovery reveals that wooden footwear was also prevalent among city dwellers for everyday use.

Unique Features of the Wooden Shoe

The shoe, a European size 36 (UK size 3.5), is crafted from birch wood, making it the first of its kind found in the Netherlands. The choice of birch is notable, as it differs from the materials typically used for wooden footwear during that era.

According to archaeologists, the cesspit served as both a toilet and a waste disposal area from around the late 15th century to the mid-16th century. This context adds to the shoe’s historical importance, as it offers insights into the daily lives and habits of the people who once lived in the region.

A Rare Discovery in European Archaeology

The Alkmaar wooden shoe is one of only 44 such clogs ever found during archaeological excavations in the Netherlands and Belgium. Its preservation in a cesspit contributed to its survival over centuries, as the anaerobic conditions slowed down the decay of organic material like wood.

“Finding a wooden shoe in such a setting is extraordinary,” said Lange. “It provides us with valuable information about the craftsmanship and material culture of that time.”

The Historical Significance of Wooden Shoes

Wooden shoes, or clogs, are an iconic symbol of Dutch heritage. Traditionally associated with rural workers and farmers, they were widely used across different social classes for their practicality and durability.

The discovery of this shoe in an urban context challenges the stereotype of clogs as exclusively rural footwear. It highlights their versatility and significance as a staple in Dutch daily life centuries ago.

Why This Discovery Matters

This rare find offers a tangible connection to the past, allowing historians and archaeologists to better understand the social and cultural dynamics of the Netherlands during the late Middle Ages and early Renaissance.

The shoe’s birch wood material and preservation also provide insights into the resources and craftsmanship available during that period. Such discoveries enrich our understanding of how people lived, worked, and adapted to their environments.

The 500-year-old wooden shoe found in Alkmaar is more than just an artifact—it’s a window into the lives of ordinary people from centuries ago. Its discovery underscores the importance of archaeology in preserving and understanding cultural heritage.

As researchers continue to analyze the shoe and its context, this find will undoubtedly contribute to the broader narrative of Dutch history, offering a deeper appreciation for the traditions and innovations of the past.

December 24, 2024 0 comments
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Pakistan Stock Exchange surge
Uncategorized

PSX Records Second Largest Single-Day Surge

by danish December 24, 2024
written by danish

Pakistan Stock Exchange Records Second Largest Single-Day Surge

The Pakistan Stock Exchange (PSX) witnessed an extraordinary recovery, with the KSE-100 Index soaring by over 4,400 points on December 23, 2024. This remarkable rise marks the second-largest single-day increase in the market’s history, signaling renewed investor confidence and economic optimism.

Market Overview

The KSE-100 Index closed at an impressive 113,924.41 points, surging by 4.03% from the previous session’s close of 109,513.14 points. This follows a week of volatility where the market saw a 9,000-point decline. Friday’s recovery paved the way for this historic leap, driven by key economic and political developments.

Catalysts Behind the Surge

  1. Political Stability: The much-anticipated dialogue between the Pakistan Tehreek-e-Insaf (PTI) and the government contributed significantly to the market’s bullish momentum. Positive outcomes from these discussions have eased political tensions.
  2. Economic Indicators: A significant boost came from upbeat economic metrics:
    • Exports and remittances surged, improving foreign exchange reserves.
    • Pakistan reported a $729 million current account surplus for November 2024, a stark contrast to the $148 million deficit in November 2023.
  3. Interest Rate Cuts: The State Bank of Pakistan’s decision to reduce the policy rate to 13%, following a 200bps cut, has redirected liquidity towards equities.
  4. Sectoral Performance: Across-the-board scrips led the surge. Stable yields on government paper and falling lending rates further reinforced market sentiment.

Additional Economic Highlights

  • Large-scale manufacturing showed signs of recovery, with a modest 0.02% YoY increase in November.
  • Foreign direct investment (FDI) rose by 65% MoM and 27% YoY in November, reaching $219 million.
  • Pakistan’s power generation grew by 6% YoY, clocking in at 8,032 GWh.
  • The government secured a $330 million loan agreement with the Asian Development Bank (ADB) to bolster social protection measures.

Outlook

Analysts remain optimistic about sustained growth, citing renewed confidence among high net-worth individuals and mutual funds. With further negotiations between political parties and robust economic policies, the PSX appears poised for continued momentum.

Related Articles

  • State Bank of Pakistan
  • Asian Development Bank
  • Latest Stock Market Update

December 24, 2024 0 comments
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After Attack on Israel, US Imposes Sanctions on Iran's Oil
Iran Israel ConflictPetroleum

After Attack on Israel, US Imposes Sanctions on Iran’s Oil

by admin December 24, 2024
written by admin

US Sanctions Target Iran’s Oil Trade and Transportation

United States has recently imposed stringent sanctions on Iran’s oil sector. A major step in response to Iran’s missile attack on Israel. These sanctions aim to disrupt Iran’s ability to fund its missile and nuclear programs, preventing further military aggression in the region. By targeting key companies and ships involved in the trade and transportation of Iranian oil, the US aims to sever Iran’s financial channels and hold the nation accountable for its aggressive actions.

Iran’s Attack on Israel and Global Reactions

In a bold move, Iran launched over 400 ballistic missiles toward Israel from multiple cities, including Isfahan, Tabriz, Khorramabad, Karaj, and Arak. The missile strikes triggered sirens across Israel, including in Jerusalem, signaling a significant escalation in the ongoing conflict. The attack has raised alarms worldwide, with many analysts suggesting a high possibility of an Israeli counterattack on Iran.

US Strategy: Economic Pressure on Iran’s Military Programs

US Secretary of State Antony Blinken emphasized that the sanctions are designed to halt the funding of Iran’s military programs. It is including missile development and nuclear initiatives. The US is using economic pressure as a tool to curb Iran’s increasing military activities, which threaten regional stability. By targeting Iran’s oil sector, the United States hopes to weaken its ability to fund these dangerous programs.

The Global Implications of US Sanctions on Iran’s Oil Exports

The US sanctions on Iran’s oil sector are part of a larger strategy to reduce global access to Iranian oil, which has been a source of funding for its missile and nuclear programs. As Iran continues to bypass international sanctions through its oil trade, these new measures will be critical in reducing its global influence. Many countries are now closely monitoring the situation, as the sanctions could significantly impact global oil markets and political alliances in the Middle East.

What the US Sanctions Mean for Iran’s Future

As tensions rise between Israel and Iran, the US sanctions signal growing concern over Iran’s role in destabilizing the region. The sanctions aim to restrict Iran’s revenue flow, impacting its military capabilities and limiting its resources for future aggression. With the international community watching closely, these sanctions are expected to have far-reaching consequences for both Iran’s economy and its geopolitical influence.

Related articles:

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  • U.S. Import Prices Rise on Fuel Costs: Inflation Risks Loom – Pukaar Pakistan
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December 24, 2024 0 comments
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Pakistan’s stock market
Stock Exchange

Pakistan’s Stock Market Growth: Why the Common Man Isn’t Benefiting

by Ali Haider December 24, 2024
written by Ali Haider

Pakistan’s stock market has been on an unprecedented rise in recent months, with the KSE-100 Index crossing the historic 100,000-point mark on October 28, 2024. This “golden day” in the history of the Pakistan Stock Exchange (PSX) has sparked debate, with the government attributing the surge to effective economic policies, while critics label it as temporary and artificial.

Related Article: Pakistan Stock Exchange Hits Record High

Pakistan’s Stock Market Growth: Why It’s Not Benefiting the Common Man

Stock markets are a key indicator of a country’s economic health. Pakistan’s Stock Market, particularly the Pakistan Stock Exchange (PSX), has defied expectations, rising from 40,000 to 100,000 points in just 17 months. Despite concerns over economic instability, investor profits have surged by 150%.

Factors Behind the Stock Market Surge

Several factors have contributed to this impressive growth. Lower inflation rates have reduced interest rates, encouraging investments. The stabilization of the Pakistani rupee has restored investor confidence. Additionally, better economic policies, including improved tax collection, reduced trade deficits, and increased exports, have played a crucial role. Pakistan’s return to the IMF program has also boosted foreign investor trust.

The Common Man’s Disconnect

Despite the record growth, the benefits of Pakistan’s Stock Market are limited. Less than 1% of the population invests in the PSX, meaning the profits primarily benefit a small group of investors and wealthy families.

What Needs to Change

Experts agree that true economic progress requires broader reforms. Creating more employment opportunities, reducing poverty, and encouraging small and medium enterprises (SMEs) are vital steps. These measures will ensure that the gains from Pakistan’s Stock Market benefit the majority.

In conclusion, while the stock market boom signals positive economic changes, lasting progress can only happen with inclusive reforms. Only then can Pakistan’s economic growth translate into better living standards for all of us.

December 24, 2024 0 comments
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COP29 Begun in Baku: Global Climate Summit
News

COP29 Begun in Baku: Global Climate Summit

by danish December 24, 2024
written by danish

COP29 begun in Baku, Azerbaijan to deal with environmental pollution, climate change and global warming.

Hundreds of leaders and experts from all over the world are participating in ‘COP 29’.

As COP29 has begun in Baku, Azerbaijan, 29th session of Conference of Parties (COP29) will run until November 22. It is bringing together global leaders and experts to address urgent environmental issues. The summit’s focus is on reducing carbon emissions, combating global warming, and securing financial resources to support climate action. A significant part of COP29’s agenda is the provision of climate finance. Also aiming to help developing countries cope with the devastating impacts of climate change.

COP29 has highlighted importance of providing financial resources to vulnerable nations. COP29 also highlighted that it will enhance their capacity to fight climate change and adapt to its effects. This makes “climate finance” a central theme of conference, underscoring the need for global cooperation to achieve a sustainable future.

Scientists warn 2024 is set to be the hottest year on record, ahead of the World Summit on Climate Change. This underscores the urgent need for more aggressive action to curb global warming and mitigate its consequences.

COP29 provides a platform for governments to discuss and implement concrete measures aimed at reducing global temperatures. It also focuses on securing the future of our planet.

In a historic move, Afghanistan has sent its first delegation to COP29 since the establishment of the Taliban government. The Afghan delegation, led by officials from the National Environmental Protection Agency, is participating in the summit in Baku. This marks an important step in global climate discussions and, furthermore, demonstrates Afghanistan’s commitment to addressing environmental challenges.

COP29 is crucial in shaping the future of global climate policies, and the focus on financial support for developing nations could pave the way for more inclusive and effective climate action worldwide.

According to a foreign news agency, a spokesman for the Afghan Foreign Ministry said that an Afghan delegation consisting of officials from the National Environmental Protection Agency has arrived in Azerbaijan to participate in the COP29 summit in Baku.

Related News Articles:

  • Maryam Nawaz Calls for Climate Diplomacy with India- Pukaar Pakistan
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December 24, 2024 0 comments
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UBL Overtakes Meezan to Become Pakistan's Top Bank
Business

UBL Overtakes Meezan to Become Pakistan’s Top Bank

by Muhammad Sajid December 24, 2024
written by Muhammad Sajid

United Bank Limited UBL overtakes Meezan Bank MBL to claim the title of Pakistan’s most valuable bank by market capitalization. According to a LinkedIn post by Mohammed Sohail, CEO of Topline Securities, UBL’s market capitalization has reached an impressive Rs. 426 billion ($1.5 billion), making it the leading financial institution in the country.

This milestone underscores UBL’s robust financial performance and strategic market positioning. The bank’s consistent focus on innovation, customer service, and operational efficiency has contributed to its market dominance. With a strong presence in both local and international markets. As the UBL overtakes Meezan Bank, UBL continues to expand its footprint while maintaining profitability.

Factors Behind UBL’s Market Leadership

  1. Diverse Product Portfolio: UBL offers a wide range of financial services, catering to retail, corporate, and SME clients.
  2. Digital Transformation: The bank’s investment in digital banking has enhanced customer experience and operational efficiency.
  3. Strong Financial Performance: UBL has demonstrated steady growth in revenue and profit margins, supported by effective management and a clear strategic vision.

The Competition: UBL vs. Meezan Bank

Meezan Bank, known for its leadership in Islamic banking, previously held the top position in terms of market capitalization. However, UBL’s diversified approach and strategic investments have propelled it ahead. Despite this, both banks remain strong competitors, contributing significantly to Pakistan’s banking sector.

The Bigger Picture

United Bank Limited rise to the top reflects the resilience and potential of Pakistan’s banking industry. With increasing market competition, banks are leveraging technology, innovation, and customer-centric strategies to stay ahead. This trend is not only reshaping the financial sector but also contributing to Pakistan’s overall economic growth.

December 24, 2024 0 comments
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2025 Public Holidays in Pakistan
EventsNews

2025 Public Holidays in Pakistan: Official Schedule Announced

by danish December 24, 2024
written by danish

The Federal Government has officially unveiled the schedule for public holidays in Pakistan for the year 2025, marking a total of 16 holidays nationwide. This announcement, issued by the Cabinet Division, highlights significant national, religious, and cultural events.

Public Holidays Overview for 2025

The year kicks off with Kashmir Day on February 5, a day symbolizing solidarity with the people of Kashmir. Following this, Pakistan Day, observed on March 23, commemorates the historic Lahore Resolution of 1940.

Religious holidays hold a special place in the 2025 calendar. Both Eid ul-Fitr and Eid ul-Adha will feature three consecutive holidays each, allowing extended celebrations for the Muslim community. These dates will be finalized based on the moon sighting, as per Islamic tradition.

Notable National Holidays

Labour Day, celebrated on May 1, recognizes the contributions of workers across the country. Another remarkable day is Yom-e-Takbeer on May 28, honoring Pakistan’s successful nuclear tests conducted in 1998, a proud moment in the nation’s history.

The country’s Independence Day on August 14 remains a cornerstone of Pakistan’s identity, marked with patriotic fervor. Iqbal Day, celebrated on November 9, pays tribute to Allama Muhammad Iqbal, the poet-philosopher who envisioned Pakistan.

Religious and Cultural Observances

The Cabinet Division also announced holidays for Ashura and Eid Milad-un-Nabi, observing key Islamic events. The Christian community will enjoy a holiday on December 26, following Christmas celebrations.

The year concludes with Quaid-e-Azam Day on December 25, commemorating the life and contributions of Muhammad Ali Jinnah, the founder of Pakistan.

Related Articles:

  • Eid ul-Fitr: Traditions and Celebrations
  • Labour Day in Pakistan: What You Should Know
  • Independence Day: A Nation’s Pride

December 24, 2024 0 comments
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Israel killed Hamas leader
Iran Israel ConflictNewsPolitics

Israel killed Hamas leader Haniyeh in Tehran

by danish December 24, 2024
written by danish

For the first time, Israel’s Defense Minister Israel Katz has confirmed that Israel killed Hamas leader Ismail Haniyeh in an attack in Tehran in July. This acknowledgment follows months of speculation surrounding the incident. Haniyeh, who played a critical role in Hamas’s leadership, was killed in a building he was staying in. The attack on Haniyeh is part of Israel’s broader strategy to eliminate key leaders of groups it deems threats to its security, including Hamas, Hezbollah, and the Iran-backed Houthi movement.

Israel killed Hamas leader Ismail Haniyeh as part of its efforts to target senior figures in organizations backing violent actions against Israel. Katz further emphasized that the Israeli military would continue its efforts to “decapitate” the leadership of these groups, including the Houthis in Yemen. He highlighted that just as Israel killed leaders such as Haniyeh, Yahya Sinwar, and Hezbollah’s Hassan Nasrallah, it would similarly target Houthi leadership in the cities of Hodeida and Sanaa. This military approach is a reflection of Israel’s ongoing struggle against Iran-backed forces in the region.

As the conflict continues, Israel also faces diplomatic pressures, with some progress made in ceasefire talks between Hamas and Israel. However, Israeli Prime Minister Benjamin Netanyahu stated that no timeline could be provided for an official agreement. Amid these talks, humanitarian organizations continue to report severe civilian casualties in Gaza, with the international community increasingly calling for greater aid access and a resolution to the crisis.

Haniyeh, once the overall leader of Hamas, played a pivotal role in negotiations for a ceasefire in Gaza. His death led to the rise of Yahya Sinwar as Hamas’s new leader, who was later killed in Gaza. This reflects Israel’s continued strategy of eliminating key figures of groups it deems as threats.

In the wider context, Israel’s military operations against Hamas continue to be intense, with the ongoing war in Gaza causing significant casualties. The humanitarian situation remains dire, with numerous reports of civilian casualties. Humanitarian organizations like Oxfam and Human Rights Watch have criticized Israel for obstructing aid efforts, while Israel counters that it has facilitated substantial aid shipments.

Meanwhile, Israeli Prime Minister Benjamin Netanyahu acknowledged some progress in ceasefire negotiations with Hamas but refrained from offering a timeline for a potential deal. As the situation evolves, the conflict in Gaza remains a central focus of international diplomatic efforts.

For ongoing updates on the Israel-Hamas conflict and related Middle East tensions, stay tuned.

Related Reads:

  • How Israel’s Military Strategy Targets Terrorist Leaders
  • Impact of Iran’s Support for Hamas and Hezbollah

Learn More About the Iran-backed Houthi Movement:

  • Houthi Attacks: An Analysis of Yemen’s Civil War

December 24, 2024 0 comments
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Military court convictions in Pakistan
News

UK Urges Pakistan to Ensure Fair Trials Amid Military Court Sentences

by Ali Haider December 24, 2024
written by Ali Haider

UK Urges Pakistan to Uphold International Fair Trial Standards

The United Kingdom has expressed concerns over Pakistan’s recent military court convictions, urging the federal government to honor its commitments under the International Covenant on Civil and Political Rights (ICCPR).

A spokesperson from the UK’s Foreign, Commonwealth & Development Office stated that “military courts lack transparency, independent scrutiny, and undermine the right to a fair trial.” Despite these concerns, the UK reiterated its respect for Pakistan’s sovereignty in handling legal proceedings.

Military Court Sentences Spark International Criticism

Military courts in Pakistan recently sentenced 25 individuals involved in the May 9, 2023, protests to prison terms ranging from two to ten years. The Inter-Services Public Relations (ISPR) confirmed that these convictions were part of the first phase of legal actions against those accused of attacking state installations.

The convictions have drawn criticism from various quarters, including Pakistan Tehreek-e-Insaf (PTI) and the European Union (EU). PTI has maintained its innocence, calling for an independent judicial probe into the events, including the attack on military installations such as the General Headquarters (GHQ).

EU Highlights ICCPR Obligations

A day earlier, the European Union also raised objections to the sentencing, emphasizing the importance of adhering to ICCPR commitments. According to a statement by the European External Action Service:

  • Article 14 of the ICCPR guarantees the right to a fair, public, and impartial trial.
  • It also mandates that judgments in criminal cases should be publicly disclosed.

The EU underscored that Pakistan, as a beneficiary of the Generalised Scheme of Preferences Plus (GSP+), has voluntarily committed to implementing 27 core international conventions, including the ICCPR, to retain its trade privileges under the scheme.

Background on the May 9 Events

The May 9 protests erupted following the arrest of PTI founder Imran Khan in a graft case. The demonstrations quickly escalated into violence, with attacks on military installations and state properties. While over 100 civilians are reportedly facing military trials, PTI has denied involvement and called for justice through transparent legal proceedings.

As the global community continues to scrutinize these developments, the spotlight remains on Pakistan’s legal processes and its adherence to international standards.

December 24, 2024 0 comments
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Health

Benefits of Dry Fruits in Winter Season

by waseem December 23, 2024
written by waseem

Benefits of Dry Fruits in Winter Season

Winter is the perfect time to enjoy the warmth and nutrition of dry fruits. Packed with essential nutrients, dry fruits like almonds, walnuts, dates, and raisins are not just delicious but also provide immense health benefits during the chilly months.


Top Reasons to Include Dry Fruits in Winter

1. Boost Immunity

Dry fruits are rich in vitamins, minerals, and antioxidants, which help strengthen your immune system. Regular consumption can protect you from common winter ailments like colds and flu.

2. Provide Warmth and Energy

The high caloric content in dry fruits, especially dates and figs, offers instant energy and helps keep your body warm during cold days.

3. Enhance Skin Health

The healthy fats in almonds and walnuts nourish your skin, keeping it hydrated and glowing, even in the harsh winter weather.

4. Support Heart Health

Dry fruits like walnuts are rich in omega-3 fatty acids, which help lower bad cholesterol and improve heart health.

5. Aid Digestion

Raisins and figs are excellent sources of dietary fiber, promoting healthy digestion and preventing constipation, a common winter issue.

Explore more winter health tips to stay fit and active this season.


How to Add Dry Fruits to Your Diet

  • Snacks: Enjoy them as a healthy snack between meals.
  • Breakfast: Sprinkle chopped nuts on your oatmeal or yogurt.
  • Desserts: Add them to puddings, cakes, and traditional winter recipes like gajar ka halwa.
December 23, 2024 0 comments
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