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Pakistan Honors SCO Summit Hosting The Shanghai Cooperation Organization Summit has successfully begun. Prime Minister Shehbaz Sharif inaugurated the meeting. He stated hosting the meeting is a great honor. The SCO Summit Shehbaz Sharif address set the tone. He emphasized regional unity and collaboration strongly. SCO countries collectively hold 40% of the world’s population. Focus…
Goldman Sachs predicts that OPEC+ production cuts will provide near-term support for global oil prices, with Brent crude prices expected to remain stable. Recent data shows that crude production from Iraq, Kazakhstan, and Russia has declined by 0.5 million barrels per day, reflecting compliance with OPEC+ policies to curb supply. Saudi Arabia, a key OPEC+…
The currency exchange is a constantly changing market. Knowing the current Dollar Rate in Pakistan is essential. This information impacts trade, investment, and personal finance. We provide the latest, verified rates for your reference. What is the Interbank Dollar Rate? The interbank rate is the official rate. It is also called the State Bank of…
Winter brings a bounty of seasonal fruits, and oranges stand out as one of the most beneficial. This vibrant citrus fruit is a nutritional powerhouse, offering a rich blend of vitamins, minerals, and antioxidants essential for maintaining good health. Why Oranges are the Perfect Winter FruitOranges are packed with vitamin C, dietary fiber, iron, and…
Key Projections for Fiscal Year 2025 The International Monetary Fund (IMF) has released optimistic projections. The figures come from its World Economic Outlook 2024 report. Pakistan’s economy is expected to stabilize significantly. The average inflation rate is projected to be 9.5% this year. This is a massive drop from last year’s rate, which exceeded 23%….
Slow Internet Affecting VPN Services Across the Country Internet users nationwide are facing significant challenges as slow internet affecting VPN services disrupts daily activities. Popular platforms like Facebook, TikTok, Instagram, and WhatsApp are experiencing reduced functionality. Users are unable to upload or download photos, videos, or voice notes efficiently. The situation is exacerbated by sluggish…
USD Exchange Rate Shift: Marginal Movement in Forex Markets Interbank Rate Sees Slight Increas The U.S. dollar showed a slight rise today. This occurred within the interbank market. The State Bank of Pakistan reported the change. The dollar closed at Rs 277.67 today. This reflected a small increase from yesterday’s close. The previous day’s rate…
U.S. Organization in China Hit by Advanced Cyber Attack A U.S. organization with extensive operations in China recently became the victim of a highly advanced cyber attack, reportedly orchestrated by China-based hackers. This breach lasted for four months, from April to August 2024, and was primarily focused on intelligence gathering. Details of the Cyber Attack…
FIAT 500 EV and Maserati Production Halted Amid Low Demand The Stellantis group is facing significant challenges as it halts production of the FIAT 500 EV and two Maserati EV models. This decision underscores low demand and broader difficulties in the Italian automotive industry. FIAT 500 EV Production Suspended Until January 2025 Production of the…
Harnessing Air and Electricity for Food Solar Foods, a visionary Finnish food-tech company, has revealed a breakthrough. They have successfully unveiled Solein, an innovative new protein source. This product is uniquely cultivated using simple air and electricity. This marks a truly revolutionary step in sustainable food production globally. Solein production merges ancient microbial activity with…