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PM Shehbaz felicitates nation as PSX hits 100,000 milestone

November 28, 2024 by Abid Khan

ISLAMABAD: Prime Minister Shehbaz Sharif felicitated the entire nation as the 100-index of the Pakistan Stock Exchange hits the milestone of 100,000 points for the first time.

The prime minister, in a statement, said the stock market surge reflected the confidence of the business community and investors in the government’s economic policies.

Lauding the efforts by the government’s economic team for the promotion of investment in the country, he said that he had pledged with the nation to take all-out measures for economic stability and national development.

He said that the government’s sacrifice of its politics to save the country from the default did not go in vain.

“The positive trend (in the stock market) revived with the return of the insurgent group. The enemies of the country’s stability are once again attempting to derail the country,” Prime Minister Shehbaz remarked.

He said that besides further reduction in inflation, the policy rate had been brought down to 15% and remittances were on an upward trajectory.

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King Charles will pay £60,000 a year for the job of Head of Royal Correspondence

November 10, 2022 by Syed Shahbaz Hyder

King Charles III plans to pay £60,000 a year for a new Head of Royal Correspondence. 37.5 hours a week in Buckingham Palace’s Private Secretary’s Office. The assistant will “thoughtfully and sensitively” handle a “large volume” of public letters. King Charles III has been looking forward to paying £60,000 a year for a new Head … Read more

Swiss government wants to pass bill that would fine burqa ban violators $1,000

October 12, 2022 by Syed Veheb Hasan

Swiss cabinet seeks to fine people who violate a national ban on face coverings up to 1,000 Swiss francs ($1,005). The far-right proposal to ban facial coverings in public won a narrow victory in a referendum last year. Muslim groups condemned the vote as discriminatory and vowed legal challenges. As part of its efforts to … Read more

Over 25,000 Channel migrants have arrived in Kent so far in 2022

August 28, 2022 by Sana Fatima

According to the most recent statistics from the Ministry of Defense, at least 25,000 migrants have already crossed the English Channel to Kent in 2022. In 19 small boats, a total of 915 individuals arrived in Kent. According to the Ministry of Defense, there have been 25,146 crossings so far this year. According to the … Read more

Biden removes $10,000 in student loan debt for millions of people

August 25, 2022 by Sana Fatima

Additionally, Mr. Biden will waive $20,000 in debt for Pell Grant recipients, who are those with the greatest need. Federal student debt is owed by 43 million Americans, who collectively owe $1.6 trillion. According to Mr. Biden, one-third of debtors have student debt but no degree. Millions of Americans who make less than $125,000 annually … Read more

Teens from Massachusetts accused of stealing, tampering with $250,000

August 20, 2022 by Syed Veheb Hasan

Mattapoisett Police received multiple reports of checks being stolen. Amounts of the reported stolen checks to date totaled over $250,000. Stolen checks were then altered for large amounts and often deposited or cashed out of state. Two Massachusetts teenagers have been detained in connection with a $250,000 plot. Residents of Mattapoisett who mailed the cheques … Read more

Covid leaves 80,000 tourists stranded in “China’s Hawaii”

August 7, 2022 by Sana Fatima

Some 80,000 tourists are stranded in Sanya, a well-known resort city on China’s tropical Hainan island. Tourists who get stuck have to stay for seven days and pass five Covid-19 exams before they may go. Sanya residents and visitors who have been there since July 23 are not permitted to leave Hainan province after 6 … Read more

Missouri Players win lottery of $50,000, using same numbers for 30 years

July 30, 2022 by Syed Veheb Hasan

Two Missouri lottery players will split a $50,000 jackpot. They won using a set of hand-picked numbers. Just days ago, a Michigan man won a $339,768 jackpot with same numbers. The $50,000 prize won by two Missouri lottery players utilising a set of hand-selected numbers will be shared between them. The winners, who want to … Read more

US gives Ukraine around 500,000 doses of the COVID-19 vaccination

July 26, 2022 by Sana Fatima

In collaboration with COVAX Facility, the US gave about 500,000 doses of the COVID-19 vaccine to Ukraine. We are honoured to aid the Ukrainian people in their struggle against COVID-19. For the second booster dosage, the use of the mRNA vaccine is advised. In collaboration with COVAX Facility, the US gave about 500,000 doses of … Read more

Aamir khan donates $250,000 to flood victims

June 29, 2022 by Sania Saeed

Aamir khan has contributed 25 million rupees. In order to help the residents of Hassam who were devastated by the recent flooding. Bollywood stars, like Arjun Kapoor, Sonu Nigam, Bhushan Kumar, and Rohit Shetty, have also contributed to the crm relief fund. Chief minister Himanta Vishwa Sharma expressed his gratitude. Amir khan has donated rupees … Read more

The Appalachian Regional Commission is funding four projects in West Virginia

June 23, 2022 by Laiba Siddiqui

The Appalachian Regional Commission has awarded more than $340,000 for four projects in West Virginia. The funding will help provide upgrades to lighting infrastructure and youth leadership training. However, U.S. Sens. Joe Manchin and Shelley Moore Capito announced the funding Tuesday. Charleston Main Street’s Charleston West Side Gateway Lighting Project, $74,871 for the National Youth … Read more

Bitcoin will crash to $12,000, its “pre-failure” level, according to Jim Cramer

June 19, 2022 by Ali faizan rizvi

CNBC’s “Mad Money” host Jim Cramer says Bitcoin is more likely to fall than a bounce. Tone Vays thinks Bitcoin (BTC) has touched bottom in a June 14 video. The bear market has dropped 70% of its value since peaking in November at $69,000. Jim Cramer, Bitcoin is more likely to fall than a bounce … Read more

In the United States, Bayer has won the fourth Roundup weedkiller case

June 19, 2022 by Maryam nadeem

Bayer’s Roundup weedkiller did not cause an Oregon man’s cancer, jury finds. It is the firm’s fourth consecutive trial victory over such claims. Bayer has spent billions of dollars to settle close to 100,000 Roundup cases in the U.S. alone. A U.S. jury viewed as Bayer’s (BAYGn.DE) Roundup weedkiller didn’t cause an Oregon man’s malignant … Read more

Bitcoin has dropped below $20,000 for the first time since December 2020

June 19, 2022 by Maryam nadeem

Bitcoin falls below $20,000 for the first time in 18 months. The cryptocurrency sector has been hit by troubles after lending companies froze withdrawals and transfers between accounts. The slide is hitting retail investors that bought into the asset. Bitcoin dipped under $20,000 on Saturday to its most fragile in the year and a half, … Read more

GM raises the price of the Hummer EV by over $6,000 as commodity

June 19, 2022 by Maryam nadeem

General Motors raises the price of its Hummer EV pickup truck by $6,250 to $110,000. The increase comes as it seeks to mitigate higher commodity and shipping costs amid high demand for cars and trucks. The company has been able to offset $5 billion in higher supply chain costs by raising prices and cutting expenses, … Read more

Hacker gains access to a Verizon employee database and extort $250,000

May 28, 2022 by Shaista Zafar

Verizon is dealing with a data breach in which a hacker gained access to a database including business employee information, including complete names, ID numbers, email addresses, and phone numbers. The information is authentic, according to Motherboard, since an unidentified hacker contacted them last week and they were able to verify the data by contacting … Read more

A NYC legislator stops money from a Jewish museum, after perceived DeSantis snub

May 9, 2022 by Mishaal Siddiqui

A legislator in New York City has claimed that she will withhold discretionary funds from a Jewish museum. According to her, it allegedly ignored Florida Governor Ron DeSantis. One of five Republican municipal politicians, Councilwoman Inna Vernikov, stated on Sunday that she would withhold a $5,000 payment to the Museum of Jewish Heritage. She had … Read more

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