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Showing posts from May, 2022

Russia Ukraine War

  Russia Ukraine Conflict:   The demand and price of Norway's oil and gas has registered a dramatic increase as Europe explores alternatives to Russian energy resources.  Norway is denying allegations that it is taking advantage of the fighting in Ukraine amid a sudden increase in revenue.  Norway is the second largest natural gas supplier to Europe. Poland may have kept an eye on the Scandinavian country for alternatives to gas imports from Russia, but its Prime Minister Mateusch Moravicki said Norway was indirectly taking advantage of the war over its oil and gas. Moraviki appeals to Norway Moraviki appeals to Norway to use this unexpected advantage to help the most badly devastated countries, especially Ukraine.  Moraviki's remarks last week have sparked a feeling among people, especially Norwegians, whether he is taking enough steps to increase aid to Ukraine and cut neighboring countries' dependence on Russian energy. The fierce war continues between R...

"We, not you", Pakistan PM slams Imran Khan over fuel price hike

  The Pakistan government on Thursday decided to increase the prices of petroleum products by Rs 30 per liter.  This price hike has come into effect from midnight.  After this increase, petrol in Pakistan has started getting Rs 179.85 per liter, diesel Rs 174.15 per liter and kerosene Rs 155.95 per liter. Pakistan's Finance Minister Miftah Ismail announced the increase in fuel prices in a press conference.  He said that the new prices will come into effect from midnight.  A day before this, talks between the Government of Pakistan and the International Monetary Fund in Qatar regarding economic assistance were inconclusive. Mohammad Hafeez said neither petrol is available in Pakistan nor there is cash in ATM, tagged Imran Khan In his first address to the nation after assuming power last month, Shahbaz Sharif spoke about the mostly domestic problem his government faced in the evening.  His main focus was to give several relief packages to the people, includin...