New Zealand’s national bank convey this week a third consecutive half-point rate climb. The RBNZ’s hawkish step to controlling the most elevated expansion. In thirty years, at 6.9%, has seen rates currently up 175 premise focuses since October. A 50 premise point ascend strategy survey implies they will have risen ten times from a record … Read more
The strategy doesn’t set specific greenhouse gas emission targets. It calls for ramping up fossil fuel production and liquefied natural gas exports, as well as streamlining the permitting process. The agenda also endorses legislation to expand hydropower, one of the oldest sources of renewable energy. “Assuming Republicans procure back the House greater part in the … Read more
KARACHI: Pakistan’s banks operating in Sri Lanka are in hot waters as their exposures of around Rs26.78 billion are at stake due to the worsening economy of the country. Analysts at Arif Habib Limited said that some of the Pakistani banks are exposed to the Sri-Lankan economy either through branch banking or investments in the … Read more
Federal Education Minister Shafqat Mahmood claims Pakistan Tehreek-e-Insaf (PTI) has evolved a strategy to reorganise the party in Punjab to win the forthcoming local government (LG) elections. Read more: Body of parliamentary parties formed to create consensus on LG bill, Pervaiz tells Shafqat In an interview with a private news television (TV) channel, the minister … Read more
Opec+ will not change its strategy and isn’t obliged to resolve a problem it did not create, Arab News reported, citing the Saudi energy minister. Prince Abdulaziz bin Salman stressed that there must be a regulator for the market, in an interview with Asharq. The intergovernmental organisation is raising daily oil production by 400,000 barrels/month … Read more
RIYADH: As part of the Riyadh Sustainability Strategy, the government is working to ensure that 30 per cent of all vehicles in the capital city will be powered by electricity by 2030, Arab News quoted CEO of the Royal Commission for Riyadh City Fahd Al-Rasheed, as saying. The CEO of the Royal Commission for Riyadh City said … Read more
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday deferred the proposed. Strategic Trade Policy Framework (STPF) 2020/25, seeking more input from the stakeholders for approval and fixation of the cotton support price. Chairing the meeting through a video link, Federal Minister for Finance and Revenue Shaukat Tarin said the factors related to a … Read more
