9 related stories
Pakistan is grappling with a significant petrol crisis, with fuel prices rising by up to 54 percent, driven by the ongoing Middle East war. Citizens and businesses are facing real challenges, prompting discussions on potential solutions like electrification.
Pakistan's Prime Minister Shehbaz Sharif announced a reduction in petrol prices and stated that all cabinet members would forgo their salaries for six months, following public backlash over a steep price hike.
As war drives up gas and fuel prices, Europe considers reviving nuclear power for energy independence, while Italy's finance minister proposes suspending the Stability Pact and an economist suggests collective EU energy purchasing.
A powerful earthquake, reported between magnitude 5.8 and 5.9, struck Afghanistan, causing at least eight fatalities. Tremors were felt across the region, including parts of Pakistan and India.
An analysis of the Philippines' debt history, from Brady Bonds to the current "Marcos 2.0" era, highlights the lesson that debt structure, not just debt itself, determines a nation's resilience against financial traps.
As gas and fuel prices rise due to ongoing conflict, European nations are re-evaluating nuclear energy as a solution for energy independence.
Prime Minister Shehbaz Sharif addressed the nation following an unprecedented increase in petrol and high-speed diesel prices. The address aims to explain the government's decision and its implications.
An application has been filed in the Lahore High Court challenging the recent sharp increase in fuel prices, seeking to have the decision set aside.
Thailand's Oil Fuel Fund is requesting a loan of up to 150 billion baht to stabilize its finances and continue subsidizing domestic fuel prices as global diesel costs escalate.