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On August 23, Iranian Foreign Minister Araqchi stated that Iran has never been afraid of US sanctions, and all its actions, whether blockades or military operations, have failed. This new tactic is also destined to fail. Trumps so-called "economic actions" are nothing more than a consistent bullying tactic of US policy. "In a sense, its like a movie weve seen countless times; we know how to deal with it," Araqchi said. He added that whether the US resorts to military action or reverts to its old tricks, it shows they have no other options. Faced with the Iranian people, the US has no choice but to keep repeating the same plans. They should understand that there is no other way but to engage in respectful dialogue with the Iranian people and seek a solution based on justice and honor.August 23 - According to data from online platforms, as of now, the box office revenue (including pre-sales) for the 2026 summer movie season has exceeded 11.5 billion yuan.According to the Jerusalem Post, Iran has been invited to join the Mecca Joint Defence Agreement, which was established earlier this month by Saudi Arabia, Turkey, and Pakistan.According to Saudi satellite television: Sources indicate that a proposal has been put forward to amend the original September 30 deadline for the return of restricted weapons to the state. Factions in Iraq favor a two-year freeze on weapons use based on Irans "vision."According to Saudi satellite television: Sources indicate that Iraq has shifted its rhetoric from "weapons monopoly" to "weapons regulation." The government committee responsible for inventorying the weapons is still in discussions with factions that refuse to hand over their weapons.

Pakistan Raises Gasoline And Diesel Prices 35 Rupees Per Liter

Skylar Williams

Jan 30, 2023 11:36

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The Pakistani Ministry of Finance said on Sunday that gasoline and diesel prices will increase by 35 rupees ($0.1400) per liter as a result of the country's currency value plummeting this week following the removal of price restrictions.


The decision was made days before a mission from the International Monetary Fund would visit Pakistan at the end of the month to discuss the ninth review of the country's current funding program, which has been frozen.


The Pakistani rupee lost close to 12 percent of its value last week after the elimination of government-imposed price controls opposed by the IMF.


Finance Minister Ishaq Dar stated at a press conference on Sunday that he hoped the announcement would eliminate social media rumors of a larger price increase or a shortage of gasoline. According to him, the increase was proposed by oil and gas officials due to the increased cost of purchasing energy on the international market.


"We would have to take into account the increase in international oil costs and the devaluation of the rupee," he said.


According to the oil and gas regulatory authorities, there have been complaints of artificial shortages and fuel stockpiling in anticipation of price increases; therefore, this price increase is being implemented immediately to address this.


The day before, witnesses told Reuters that some gas stations had lengthy lineups as residents filled their tanks in anticipation of a price increase.


Pakistan is experiencing a balance of payments problem, and the falling value of the Pakistani rupee would increase the cost of imported commodities. Energy accounts for a significant portion of Pakistan's import costs.


A successful IMF visit is crucial for Pakistan, which is facing an increasingly severe balance of payments problem and is keen to get external finance, since its foreign exchange reserves cover fewer than three weeks of imports.