US stocks lose $9tn in 2022 as investors flee the world’s largest equity market. Fed’s efforts to reign in out-of-control inflation spooks investors. S&P 500 index has declined 21.2% in 2022, on track for worst first-half performance since 1962. This year, US stocks have lost more than $9tn as investors flee the world’s largest equity … Read more
LAHORE: Punjab Assembly Speaker Chaudhry Pervaiz Elahi on Thursday demanded the government to take immediate steps to control inflation and provide relief to the people. Read more: Mini budget to kick up tsunami of inflation in country, claims Sherry Rehman “To strengthen the democratic government, the worries of the people have to be reduced as there … Read more
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed dismay over the incessantly unstable exchange rate and offered help to control inflation, a statement said on Friday. FPCCI president Mian Nasser Hyatt Maggo said that unstable exchange rate is making the importers of raw materials and commodities suffer huge losses and fueling … Read more
