BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast
The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy struggles with elevated raw material costs and supply chain issues The central bank held...
Inflation top Worry For G20 Countries -Survey
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen in several decades, prompting...
Venezuelans Protest and Clash with Police Over Disputed Election Results
Protests Erupt in Caracas
Security forces in Venezuela have used tear gas and rubber bullets to disperse protesters in Caracas following a disputed election result. Thousands gathered in the city center on Monday evening, many walking long distances from surrounding slums to protest President Nicolás...
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world's largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey...
Coke and Pepsi Face Backlash in Muslim-Majority Countries
Consumer Boycotts Target U.S. Brands Amid Gaza Conflict
Coca-Cola and PepsiCo, having heavily invested in markets across Egypt and Pakistan, are now facing a significant backlash due to consumer boycotts. These boycotts are largely driven by opposition to U.S. support for Israel amidst the ongoing...
Trade Spotlight What Should You Do Wth Britannia, SJVN, Apollo Tyres on Wednesday?
Apollo Tyres was also in focus, rising 4 percent to Rs 301, the highest ever closing level. The stock has formed strong bullish candle on the daily charts with above average volumes after consolidation for around one-and-half-month. The market extended its northward journey for...
Developing Countries Need $1 Trillion a Year in Climate Finance:
Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The...
“Pakistan Meteorological Department Issues Weather Forecast for Lahore and Punjab”
The Pakistan Meteorological Department (PMD) has issued a weather forecast for Lahore and parts of Punjab, predicting more rain, wind, and thunderstorms, along with isolated hailstorms over the next few days. This weather pattern is due to a westerly wave prevailing over the western...
Iran attack on Israel.
The recent series of strikes launched by Iran towards Israel has drawn attention to the escalating tensions in the Middle East. This unprecedented wave of attacks, lasting approximately five hours, has thrust the region into uncharted territory, further exacerbating an already volatile situation.Iran has...
“Rising Protests: Voices Against Conflict in Gaza Grow Louder in Brooklyn and US Universities”
Protests against Israel are growing, with people hitting the streets in Brooklyn and US universities. They want the fighting in Gaza to end and are speaking out against civilian harm. These protests are becoming more common, especially at East Coast universities. In the US,...