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Melting Ice Signals Global Climate Crisis in Antarctica

Infostani Sources- Antonio Guterres, the Secretary General of the United Nations, recently delivered a comprehensive assessment of the environmental challenges confronting the vast continent of Antarctica, strategically positioned near the South Pole. Drawing an intriguing parallel, he characterized both Antarctica and the issue of climate change as colossal entities, aptly describing them as giants. This …

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Conducted OICCI Survey Shows Pakistan’s Confidence Surge

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Infgostani Sources- The recently conducted business confidence survey by the Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled a noteworthy surge in business confidence within Pakistan. The Comprehensive Business Confidence Index Survey Wave (24Wave) covered the nation from October to November 2023. The results depict an encouraging overall improvement of 7% compared to the …

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World Bank’s Concerns and Direction for Pakistan’s Economy

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Infostani Sources- The World Bank is against the proposed increase in electricity prices in Pakistan, as stated by Vice President Martin Reiser. He argues that instead of raising prices, the focus should be on reducing line losses. Country Director Naji Bin Hussain revealed that the Board of Directors of the World Bank will convene at …

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Gaza Cease-fire: Releases, Challenges, Miraculous Rescue

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Infostani Sources- China will chair today’s Security Council meeting to discuss the situation in Gaza. On the fifth day of the Israel-Hamas cease-fire extension, Hamas released 11 more Gamalites. Including citizens from France, Germany, and Argentina. Earlier, during the 4-day temporary ceasefire, Hamas released 69 Israeli prisoners, while Israel released Palestinians. Simultaneously, the Israeli army …

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Special Court Orders PTI Jail Trial Over Security Risks

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Infostani Sources- Haj Abul Hasnat Zulqarnain of the Special Court of the Official Secrets Act directed the Adiala Jail hearing of Saa Farkis and instructed the jail authorities to make arrangements. The Superintendent of Adiala Jail submitted a security report to the court, which relied on information from Islamabad Police, IB, and Special Branch. The …

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North Korea’s Provocations: Satellite Tests, Troop Buildup

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Infostani Sources- North Korea, asserting its right to self-determination, has threatened to conduct further satellite tests. Also announced the deployment of additional troops to the South Korean border. In pursuit of this objective, NK has restored previously demolished checkpoints on the South Korean border. The country’s foreign ministry reported the launch of a spy satellite …

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Asia Cup: PCB’s Hosting Dispute and Flight Controversy

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Infostani Sources- Pakistan, through the Asian Cricket Council, has requested its entitlement for the Asia Cup. The PCB has sought additional expenses, and officials will consider the matter in the upcoming meeting. The ACC plans to host the event at the Hyperdomedal, deciding to bear the same cost for chartered flights. On the other hand, …

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Price Cap Strains Russian-Pakistani Oil Deal: Talks Underway

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Infostani Sources- The Russian delegation plans to arrive in Pakistan today to resolve the deadlock in the agreement for importing crude oil from Russia. Notably, in October, officials from Pakistan Refinery Limited reached a mutual understanding with Russian authorities on a long-term oil supply agreement during the Russian Energy Forum. Although both parties signed the …

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Privatization Minister Questions State Bank Autonomy

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Infostani Sources- Privatization Minister Fawad Hasan Fawad has disclosed that the International Monetary Fund sought State Bank autonomy to directly access information the federal government hesitated to share with the global lender. Fawad Hasan Fawad’s surprising statement may deepen suspicions surrounding the IMF granting full autonomy to the State Bank in January last year, raising …

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Caretaker PM Enhances UAE Ties and Explores Kuwait Prospects

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Infostani Sources- Caretaker Prime Minister Anwar ul Haq, along with Chief of Army Staff General Syed Asim Munir, met with the President of the United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi. The three leaders facilitated the signing of MoUs between Pakistan and the UAE, covering cooperation in various sectors such …

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