Tue, 21-Oct-2025

Hand-made carpet industry in decline

carpet

LAHORE: The exports of hand-knotted carpets are on the decline due to the dearth of skilled workforce, expensive raw materials and higher cost of doing business. The indifferent attitude of successive governments had also played a key role in the downfall of the carpet industry, which was once vibrant and attracted buyers from across the … Read more

UK economy rebounds record 7.5% from pandemic in 2021

uk economy

LONDON: Britain’s economy grew by a record 7.5 per cent last year on easing Covid curbs after a pandemic-driven collapse, official data showed, but analysts warned that sky-high inflation clouds the 2022 outlook. The expansion, which was the fastest since records began in 1948, followed a record 9.4 per cent slump in 2020, the Office … Read more

French luxury houses give unsold goods a second chance

french luxury

PARIS: In the extravagant world of the French luxury industry, brands used to prefer destroying their unsold goods rather than offering their high-priced products at a discount. But gone are the days of binning the coats, handbags and shoes pooh-poohed by shoppers after a new anti-waste law came into force at the start of the … Read more

‘Pakistan wants cordial relations with countries without becoming part of any camp’

FATF PTI

Foreign Minister Shah Mahmood Qureshi has said that Pakistan desires to have cordial relations with all the other countries without becoming part of any camp. Read more: Foreign Office holds Kashmir Solidarity Day art exhibition Addressing the ninth Orange Festival in Taxila on Friday, FM Qureshi said that Pakistan’s relations with China had further strengthened. … Read more

World should be better prepared for next pandemic: Asad Umar

Asad Umar

ISLAMABAD: Federal Minister for Planning and Development Asad Umar on Tuesday said the world should be better prepared for the next pandemic, particularly, in how to collaborate effectively to ensure a more robust and just response. Asad Umar said this retweeting the Ministry of National Health Services’ tweet which said British High Commissioner Christian Turner … Read more

World’s 10 richest men doubled wealth during Covid: report

world richest men

PARIS: The world’s 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said. Oxfam said the men’s wealth jumped from $700 billion to $1.5 trillion, at an average rate of $1.3 billion per day, in a briefing published before a virtual mini-summit … Read more

IMF continues to change to confront global challenges

global

WASHINGTON: The world is changing. From Covid-19 and climate change to digitalisation and diverging demographics, the IMF’s member countries are confronting new challenges. The impacts of these challenges are being felt unevenly across countries and will inevitably play out in their balance of payments, potentially undermining global economic stability. It is therefore important that the … Read more

PNSC invites bids to procure three used Aframax tanker vessels

PNSC

KARACHI: The Pakistan National Shipping Corporation (PNSC) will procure three second-hand Aframax tanker vessels, while offers had already been sought from shipbrokers enlisted with Baltic Exchange, an official said. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 tonnes. The term is based on the Average Freight Rate Assessment, a … Read more

‘Is Pakistan still cheapest country? People asking govt after reading new report’

Human rights organisations

ISLAMABAD: Pakistan Peoples Party (PPP) Vice-President Sherry Rehman on Thursday quoted a new report of The Economist that said Pakistan had the third-highest Inflation in the world at a whopping 12.30 per cent for December. Cooking oil price had skyrocketed by 130 per cent, fuel price by 45 per cent during #TabahiSarkar’s term, but the … Read more

ICC declares Babar Azam captain of the ICC T20I Team of the Year

babar

The International Cricket Council (ICC) on Wednesday revealed the eleven players who were considered for the ICC Men’s T20I Team of the Year and Pakistani skipper Babar Azam was named captain of the team. Some of the rising stars of the national team also made it to the team including wicketkeeper-batsman Mohammad Rizwan and bowling … Read more

Crypto boom and financial stability

Crypto

Crypto assets offer a new world of opportunities: Quick and easy payments, innovative financial services, inclusive access to previously ‘unbanked’ parts of the world. All are made possible by the crypto ecosystem. But along with the opportunities come challenges and risks. The latest Global Financial Stability Report describes the risks posed by the crypto ecosystem … Read more

The billion dollar digital art world phenomenon

digital art

In a world steadily running towards digitisation, the boom of digital art and its venture into NFTs or Non-Fungible Tokens is not surprising, especially amidst the art world. Everyone today who doesn’t live under a rock on a remote island knows what NFTs are. But not everyone is able to keep up with what these … Read more

World food prices climb in November, stay at 10-year peak: FAO

World food prices

World food prices rose for a fourth straight month in November to remain at 10-year highs, led by strong demand for wheat and dairy products, the UN food agency said on Thursday. The Food and Agriculture Organization’s food price index, which tracks international prices of the most globally traded food commodities, averaged 134.4 points last … Read more

Pandemic to cost global tourism $2 trillion in 2021: UN

Pandemic

MADRID: The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenues in 2021, the UN’s tourism body said on Monday, calling the sector’s recovery ‘fragile’ and ‘slow’. The forecast from the Madrid-based World Tourism Organization comes as Europe is grappling with a surge in infections and as a new heavily mutated … Read more

E-commerce trade to create business opportunities for Pakistani women: envoy

E-commerce

ISLAMABAD: In the present era of e-commerce, there are business opportunities for Pakistani women in the global markets, including Indonesia, a diplomat said. “The volume of e-commerce market in Indonesia would reach $50 billion by 2025, which could be fully utilised by [the] Pakistani businesswomen, Indonesian Ambassador Adam Mulawarman Tugio told APP, while he was … Read more

New-look European golf tour to host first tournament in Japan

golf

TOKYO: The new-look European Tour will make its first foray into the lucrative Japan golf market in 2022 after adding the ISPS Handa Championship to next year’s recently announced schedule. The rebranded DP World Tour will make Japan the 51st country it has visited — with the tournament to be staged at Ishioka Golf Club … Read more

Saudi crown prince announces establishment of first non-profit city in world

RIYADH: Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, founder and chairman of the Board of Mohammed bin Salman Misk Foundation, has announced the launch of Prince Mohammed Bin Salman Non Profit City, the first non-profit city in the world, to be a model for the development of the non-profit sector globally and an … Read more

World faces growing threat of ‘unbearable’ heatwaves

Meteorological Department

LONDON: From Death Valley to the Middle East, the Indian subcontinent to sub-Saharan Africa, global warming has already made daily life unbearable for millions of people. And if nothing is done to slow climate change, the record temperatures and deadly heatwaves it brings will only get worse, experts warn. “Climate (change) is sort of steroids … Read more

Elon Musk becomes world’s richest man, surpasses Amazon’s Bezos

Apple vs Fortnite: Elon Musk Says Apple Fees are De Facto Global Tax

RIYADH: A surge in Tesla shares pushed the net worth of Elon Musk to $200 billion to make him the richest person in the world, surpassing Amazon’s Jeff Bezos, Forbes reported. Musk became the third person to ever be worth $200 billion. Shares of Musk’s electric vehicle company Tesla continued a four-month rally, closing up … Read more

Six Australian universities ranked in global top 100

CANBERRA: At least six Australian universities have been ranked in the world’s top 100 despite the significant impact of the coronavirus pandemic on the sector. Times Higher Education on Thursday published its annual World University Rankings for 2022. The University of Melbourne was the highest-ranked of the Australian contingent at 33 – down from 31 … Read more

Interesting and amazing information about some of the strangest people in the world

Some of the strangest people in the world that you will be amazed to hear about.

Gary is the first person in the world to have the honour of having the most elastic skin, his whole body skin (skin) is so flexible that he can pull it as much as he wants.

He is the first person in the world to be from China and 96% of his body is covered with hair, he is not fond of having such hair and he has undergone laser treatment many times but it is a disease. This is a world record because of the hair that grow on his body again and again.

She is a woman who consumes 5,000 to 8,000 calories a day but still does not gain weight. Even after consuming so many calories, she weighs only 30 kg. There is a reason why her body cannot make fat and meat and that is why she is very weak since childhood.

He is very famous for his unique disease. He also has a documentary of his own and has 70 million views on YouTube.

Carlos is a man who is known around the world for his half-head. This condition was caused by a car accident at the age of 14. It is said that his head hit a pool. He later miraculously survived, but his head was half-buried.

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Pakistan stocks recover amid spike in global crude oil prices

Nadeem Babar

KARACHI: Pakistan stocks started the day with a strong footing and remained in the green zone throughout the day. The market was driven by the healthy corporate results along with some surprise dividend payouts, dealers said on Wednesday. Ahsan Mehanti at Arif Habib Corp said that the stocks showed recovery, amid a spike in the … Read more

Emirates offers complimentary Dubai Expo passes

Emirates postpones flight resumption to Subcontinent till July 21

KARACHI: Emirates, the premier partner and the official airline of Expo 2020 Dubai, has launched an exclusive offer for customers to experience the excitement of the World Expo, the largest-of-its-kind event in the region. Emirates customers visiting Dubai, and travelling through Dubai, anytime during the much-awaited mega event running from October 1, 2021 to March … Read more

Honey production can increase 10 times in Pakistan: report

honey business

BEIJING: The production of Pakistani honey has the potential to rise 10 times, a report released by the China-Pakistan Agricultural and Industrial Information Cooperation Platform (CAPIC) noted. In Pakistan, the honey industry has a favourable reputation and huge potential in making people’s life sweeter. Endowed with rich bee species and flower plants, Pakistan can and … Read more

Murabaha: UAE banks raise $350 million for Pakistan

Pakistan UAE

DUBAI: The Ajman Bank and the Commercial Bank of Dubai have raised $350 million (Dh1.28 billion) in Murabaha syndicated financing for the government of Pakistan, Khaleej Times reported on Wednesday. The two UAE banks acted as mandated lead arrangers and book-runners for the facility on behalf of Pakistan’s Ministry of Finance. The Shariah-compliant Ajman Bank also acted … Read more

Water-related hazards dominate disasters in last 50 years: UN agency

China rain floods

UNITED NATIONS: Water-related hazards dominate the list of disasters in terms of both the human and economic toll over the last 50 years, according to a comprehensive analysis by the World Meteorological Organisation (WMO), a Geneva-based UN agency. “The Atlas of Mortality and Economic Losses from Weather, Climate and Water Extremes (1970-2019)”, which will be … Read more

Pakistan: Over 14,000 Babies To Be Born On New Year’s Day

Pakistan: Over 14,000 Babies To Be Born On New Year's Day

United Nations International Children’s Emergency Fund (UNICEF) stated that  14,161 babies are expected to be born in Pakistan on New Year’s Day. People around the world today (January 1) will not only celebrate the New Year but also welcome the little guests who come to their homes. According to a UNICEF report, 371,504 children are … Read more

Stuart Broad became seventh bowler in world to take 500 Test wickets

Stuart Broad became seventh bowler in world to take 500 Test wickets

England fast bowler Stuart Broad became the seventh bowler in the world to take 500 Test wickets. Stuart Broad performed this feat by lbw Kraigg Brathwaite on the last day of the third Test against the West Indies. [embedpost id=”50366″ slug=”sri-lanka-cricket-to-resume-new-premier-league-tournament-from-august”] Stuart Broad is the second England fast bowler to take 500 Test wickets and … Read more