World Archives - Page 12 of 18

Pak minister, suffering from economy, asked citizens to drink less tea, video went viral on social media

To keep Pakistan’s economy afloat, Planning and Development Minister Ahsan Iqbal urged citizens to drink less tea. Iqbal said Pakistanis might cut back on their tea consumption by “one or two cups” per day since the imports are putting further financial pressure on the government.

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In an interview with reporters, Iqbal said the country imports tea by borrowing money. Pakistan imported 60 million USD more tea in the outgoing fiscal year than it had in the previous one, according to the federal budget document.

Pakistan’s Federal Minister Ahsan Iqbal is seen appealing to Pakistanis to consume less tea because even the tea they drink is imported after taking loans.

When Pakistanis trolled Indians in Abhinandan’s case saying Tea Is Fantastic, they were not wrong.

It really is ☕️ pic.twitter.com/xXlvpumr5L
— Major Gaurav Arya (Retd) (@majorgauravarya) June 14, 2022

To persuade the IMF to negotiate the renegotiation of the 6 billion bailout pact, the government unveiled a new $47 billion budget for 2020-2023 last week.

By 2020, 220 million South Asians import 640 million dollars worth of tea, according to the Observatory of Economic Complexity.

In the last few months, Pakistan has faced serious economic challenges that have led to a rise in food, gas, and oil prices. The decline in foreign exchange reserves has been rapid at the same time.

According to Reuters, the central bank’s holdings dropped from $16.3 billion in late February to more than $10 billion in May – a decline of more than $6 billion and enough to cover the nation’s imports for two months.

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6,650 people were displaced by rain and landslides in Brazil, the death toll rose to 107

Officials in Brazil’s northeastern Pernambuco state said Wednesday that 107 people have died as a result of heavy rains over the past week. Eleven people are still missing. Rains have displaced an estimated 6,650 people. Several houses have been buried by floods and landslides.

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Recife, the state capital, and the surrounding areas were hit hardest by the deaths. Floods in May 1966 killed 175 people, becoming history’s second-worst tragedy.

Brazil’s military and firefighters are using trained dogs to search for the bodies of the missing. There is a state of emergency in 24 municipalities of Pernambuco and the federal government has announced that approximately US$200 million will be set aside for reconstruction.

Due to the heavy rain on Tuesday, the rescue operation had to be intermittent. The government of Brazil announced on Monday that it will allocate 1 billion reals (approximately 210 million US dollars) for the recovery of the affected areas.

As a result of the rain, more than 18,000 people were evacuated in Sergipe, Paraiba, Rio Grande do Norte, and Alagoas.

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PM Modi Japan Visit Quad Summit 2022 Updates: Modi-Biden meet in Tokyo, PM said – India-US partnership of trust

Tokyo, the capital of Japan, hosted the Quad Summit on Tuesday. Both India and the United States held bilateral meetings after the summit. Joe Biden also praised Modi before the meeting. China failed to respond to the epidemic, whereas Modi took care of the Corona crisis.

Prime Minister Narendra Modi said that India and the United States’ strategic partnership is one that is based on trust. This partnership has been strengthened by our shared interests. Our trade and investment relations also continue to grow.

#WATCH | "Mr Prime Minister, there is so much that our countries can and will do together. I'm committed to make US-India partnership among the closest we have on earth," says US President Joe Biden in a bilateral meeting with PM Narendra Modi, in Tokyo, Japan. pic.twitter.com/FkMF3pqzoo
— ANI (@ANI) May 24, 2022

I am confident that the Indian-US Investment Incentive Agreement will increase investment between us. Prime Minister Narendra Modi said. Biden stated that the two nations can and will accomplish a lot together. My goal is to strengthen the US-India relationship even further.

In his speech, Biden explained how PM Modi’s success has shown the world how effectively democracy works, and that autocratic nation, like China and Russia, lacks the ability to deal effectively with rapid changes because their leadership can make decisions without experiencing lengthy democratic processes.

Earlier, in his speech at the Quad Summit, PM Modi expressed his gratitude to all allies for their loyalty. We all worked together through the supply chain to deal with Corona at the time. In his remarks, the prime minister said all of us are committed to ensuring Indo-Pacific security. In just a few short years, Quad has gained much recognition.

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Corona’s return after 2 years in North Korea, dictator imposed lockdown all over the country

Global outcry has been stirred up by the Corona epidemic. This outbreak has now reached North Korea. It has been reported that a corona case has been found in North Korea.

At the time when Corona was terrorizing the world, there was not one single case in North Korea, but in the aftermath, the war against the outbreak intensified and prescription medicines were dispersed throughout the world, according to the local media. Within a few days, the first case was reported in this country. Following the first case, Kim Jong Un declared an emergency.

According to the local press, Kim Jong Un has ordered aggressive action against this epidemic. Kim Jong Un states that he would like to eliminate this infection entirely. He also ordered a strict lockdown in addition to declaring an emergency.

No vaccination in North Korea

After this Corona epidemic swept the world, a vaccination campaign was started and all people were vaccinated; however, North Korea has not vaccinated its people. The Corona Omicron BA.2 subvariant has been detected in North Korea. The number of people affected has not yet been revealed. North Korea stated in a report that the biggest crisis in the country has arisen since our Emergency Quarantine Front was breached. Since February 2020, the country has been free of epidemics.

was banned from entering the country

Covid-19 has not yet been reported in North Korea, as North Korea had previously claimed. For almost two years following the Coronavirus outbreak, all its borders were closed and no traders or tourists were allowed into the country. Already facing US sanctions for its nuclear arms and missile programs, the economy of the country was further weakened by the Corona virus-related sanctions.

President Putin’s pressure forced four European gas buyers to bow out, paid Russia in rubles

Several sanctions were imposed on Russia for invading Ukraine, after which Russian President Vladimir Putin took a tough stance and announced that anyone wanting to buy gas from Russia would have to pay in rubles. Four European gas buyers have already paid for their gas supply in rubles, Bloomberg reports. A person with close ties to Gazprom PJSC provided this information.

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It was reported that four European gas buyers had already paid in rubles for the supply, as requested by President Vladimir Putin.

Additionally, the gas supply was suspended in Poland and Bulgaria for not meeting the requirements of Russia. Similarly, if the buyers of other gas do not pay in rubles, their supply will also be cut off. The person associated with PJSC provided this information under the condition of anonymity.

In order to keep gas supplies flowing, ten European companies have already opened accounts with Gazprom Bank, necessary to fulfill Russian payment demands. A proposal by Gazprom for ruble payments was rejected, resulting in the suspension of supplies to Poland and Bulgaria. A representative of the company said this was not a violation of EU sanctions. The Russian gas pipeline network reaches 23 European countries.

During the EU’s sanctions against Russia over its invasion of Ukraine, Moscow announced it would begin paying for shipments in rubles on April 1.

Elon Musk and Twitter deal confirmed, Will Parag Aggarwal continue as CEO in the future?

Elon Musk, the Tesla co-founder, and Twitter signed a deal on Monday. Musk is expected to buy Twitter for $44 billion (over Rs 3,36,927 crore), according to reports.

Reuters reported that Twitter CEO Parag Agarwal told company employees on Monday that following the completion of Elon Musk’s deal with Twitter, Twitter’s future is unpredictable. The platform will go in any direction once the deal is finalized, Agarwal said at a meeting.

After the acquisition of Twitter by Elon Musk, the troubles of Indian-origin CEO Parag Agrawal are being expressed. Experts believe that Musk will not pursue the contract with Agarwal.

According to research firm Equilar, amid ongoing discussions about the possibility of CEO Parag Agarwal’s removal from Twitter, the company will have to pay him an amount of $ 42 million if he leaves within 12 months.

Human rights groups on Monday raised concerns about the potential for hate speech on Twitter after Elon Musk bought Twitter. Human rights groups are said to be concerned about his statement of “free speech absolutists”. In which he has said that I hope that even my worst critics remain on Twitter, because this is what free speech means.

I hope that even my worst critics remain on Twitter, because that is what free speech means
— Elon Musk (@elonmusk) April 25, 2022

The board is expected to change after Elon Musk bought Twitter. Recently, Elon Musk tweeted that if I win the bid for Twitter, then the board’s salary will be zero. By that, we mean 30 million dollars per year will be saved.

Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there
— Elon Musk (@elonmusk) April 18, 2022

Musk recently said that free speech is essential for democracy to function. In addition, he said that Twitter’s algorithms will become open source, which should help gain the trust of users. Twitter has significant potential.

🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6
— Elon Musk (@elonmusk) April 25, 2022

Elon Musk buys Twitter for $44B

Twitter says that it will become a privately owned company under Musk’s ownership. As a result of the deal, Musk will have to pay $ 54.20 per share. The company now belongs to him 100 percent. As we mentioned earlier in April, Musk acquired a nine percent stake in Twitter.

3,000 Ukrainian soldiers killed, over 10,000 wounded in war with Russia: Zelensky

Ukraine’s President Volodymyr Zelensky announced the loss of troops and that 3,000 soldiers have been killed, and at least 10,000 injured, in the war with Russia. According to him, “it’s hard to say how many will survive.”

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Moreover, the bodies of more than 900 civilians, most of them shot, have been found near the Ukrainian capital following Russia’s withdrawal. The police said on Friday that there were indications of several people being simply executed.

The shocking figures come days after Russia’s Defense Ministry said it would intensify missile attacks on Kiev in response to the alleged attacks on Russian territory.

Despite the threats, Moscow continued to prepare for an offensive in eastern Ukraine.

Seven people, including a 7-month-old baby, were killed and 34 were injured in shelling in a Kharkiv neighborhood, according to regional governor Oleh Sinehubov.

Elon Musk- Tesla CEO, desperate to buy Twitter, Shareholder’s opinion sought; Know more what is Plan-B

Elon Musk, the world’s richest person, is in a discussion about one of his polls. In this poll posted on Twitter, he has sought opinions about buying Twitter shares. Musk has asked shareholders that his best and final offer should be to buy 100% of Twitter’s shares. Musk has priced a share of Twitter at $ 54.20 per share.

Corporate Raider-Style Strategy

Adopting a corporate raider-style strategy, Elon Musk has put an offer to buy Twitter on Twitter, asking shareholders for their opinion. Let us tell you that a corporate raider is an investor who buys a large number of shares of a company, which gives him enough voting rights, with the help of which he can make changes in the management of the company.

I made an offer https://t.co/VvreuPMeLu
— Elon Musk (@elonmusk) April 14, 2022

Twitter costs so much

Elon Musk says that whether Twitter’s $ 54.20 price per share is right or not, should be decided by the shareholders, not the company’s board. Musk has given the option of ‘yes’ and ‘no’ in his opinion poll. Musk has cost Twitter $41.39 billion. In the past, he had declined to join Twitter’s board of directors.

Plan-B has also been kept ready

Tesla Chief Elon Musk said that if the board of social media giant Twitter turns down his offer, then he also has a Plan B. At the same time, the company has said that it will talk to all its employees before taking any decision on Elon Musk’s offer. The company has called an emergency meeting for this.

Now have more than 9% shares

Twitter has said in a statement that the company’s board of directors will carefully consider the proposal, only after that, the further strategy will be decided. Significantly, Musk currently has more than nine percent shares of Twitter, and now he wants to buy the entire company. Now the thing to be seen will be that if the company turns down their offer, then what will be their next step.

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A nuclear test will be conducted by North Korea! America landed warship

The news of North Korea‘s nuclear test has put America under stress. In such a scenario, he has sent his most dangerous aircraft carrier USS Abraham Lincoln to the Korean Peninsula. These reports have been attributed to a US official.

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The intercontinental nuclear missile test

You may have heard that North Korea successfully tested an Intercontinental Nuclear Missile capable of hitting America. According to our partner website ‘WION’, South Korean media also reports that the ship has been deployed there. The ship is currently located east of Ulsan in international waters, sources tell the media outlet Arirang.

Stationed in the east sea

A Reuters official told the news agency that the fleet was in the Sea of Japan, also known as the East Sea. In this area, military exercises are being conducted with the Japanese Army.

May test on April 15

The US took this step after telling the US State Department Pyongyang could plan its first nuclear weapons test for the holiday on April 15. This is the first deployment of a warship between South Korea and Japan since 2017.

The warship will remain for 3 to 5 days

Reports of North Korea’s missile and nuclear weapons tests led to the deployment of the USS Ronald Reagan, Theodore Roosevelt, and Nimitz during that year. Yonhap news agency reported that the USS Abraham Lincoln will be in the region for 3 to 5 days, citing unnamed sources. A report from Arirang said that the Defense Ministry had confirmed the warship is currently in international waters near the country but didn’t go into further detail.

Russia moves missile systems, military equipment to Finland border, report claims

Russia warned its Nordic neighbor against joining NATO, and hours later heavy Russian weapons, including missile systems, were seen moving in the direction of Finland.

Reports from the Daily Mail claim that an unconfirmed video posted Monday night shows Russian coastal defense missile systems operating on the Russian side of the border leading to Helsinki.

The missile system is the K-300P Bastion-P mobile coastal defense system, designed to take out surface ships, such as aircraft carrier battle groups.

Daily Mail reports that Russia’s deployment of defense equipment comes as Finnish Prime Minister Sanna Marin says her government plans to apply for NATO membership by mid-summer. The process will be completed first.

According to recent opinion polls conducted by a Finnish market research firm, 84 percent of Finnish people view Russia as a serious military threat. The number of people participating in the survey increased by 25 percent.

Kremlin spokesman Dmitry Peskov warned that the move would not improve security in Europe, while Russian MP Vladimir Dzhbarov said bluntly that it would lead to the destruction of the country.

We have repeatedly pointed out that the alliance remains a tool in the direction of confrontation, and that any further expansion will not result in stability on the European continent.