Tag: Pakistan News

Attack alert in Islamabad! UK and US ask their embassies not to go to Marriott Hotel

Recent years have seen a steady stream of strikes in Pakistan, where terrorism is rife. Recently, when a suspicious automobile was halted, the claimed Pakistani Taliban teenagers inside blew themselves up and the vehicle up. A police officer died in this explosion.

Related Post – 5 Best Beautiful Wedding Destinations in India, Know About India’s Top Wedding Locations

Currently, a warning has been issued for an attack on a significant hotel in Islamabad, the capital of Pakistan. Britain and America have warned their diplomats not to visit this hotel in light of this concern.

US and UK government officials have been prevented from accessing the Marriott Hotel in Islamabad as a result of a suspected assault, according to a security notice.

The US administration has issued this warning after learning that unidentified attackers are preparing to target Americans at the Marriott Hotel in Islamabad over Christmas. Therefore, immediately, the Embassy in Islamabad prohibits all US workers from going to the Marriott Hotel in Islamabad. The workers of Britain’s embassy have also received a warning at the same time.

Electricity crisis shadowed in Pakistan, people in Karachi protest against rising electricity prices

People in various places, notably Karachi, openly expressed their discontent and staged protests in response to Pakistan‘s ever-rising electricity prices. On Thursday, there were widespread protests about increased electricity prices in Karachi, with protesters storming the K-Electric office in the Korangi district.

Related Post – Hrithik Roshan Hairstyles Photos | Hrithik Roshan Top Haircut Look

The demonstrators, according to the news agency ANI, demonstrated throughout Karachi’s neighborhoods and reportedly damaged the office’s furniture. People in several areas of Karachi city have been forced to go to the streets due to rising electricity costs and protracted power outages. Many demonstrators who were outraged by the increase in electricity costs halted traffic on the roadways by erecting barriers and setting tyres on fire. These consumers claim that the higher electricity prices are out of their price range.

On Monday, protests against Pakistan’s escalating electricity tariffs took place all throughout Peshawar. People had gathered in front of the Electric Supply Company’s office to demonstrate their disapproval. A power shortage persists in Pakistan. Prime Minister Shahbaz stated last month that the federal government was making every effort to restart the power plants that had stalled in order to resolve the severe energy crisis the nation was now experiencing.

The problem in Pakistan has gotten worse due to the country’s increasing reliance on LNG for electricity generation. Pakistan is having trouble covering the expense of importing LNG from outside due to the steep decline in its foreign exchange reserves. Pakistan and Qatar have already signed two significant long-term supply agreements for LNG. The first transaction was completed in 2016; the second, in 2021. In spite of this, it is difficult to meet the country’s need for electricity.

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.

Related Post – Buy 100% Real Instagram Followers & Likes in Dubai UAE

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.

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.

Related Post – What Are Backlinks And Why Are They Important For SEO?

Exit mobile version