Default risk in Pakistan drops by 88%: report Blogging Sole

Default risk in Pakistan drops by 88%: report

 Blogging Sole

An illustration shows U.S. $100 bank notes taken in Tokyo, August 2, 2011. — Reuters Improvement based on the stabilization of macroeconomic indicators. A healthier external account also plays a role in development. Miftah Ismail says “it’s great that the risk has reduced so much.” KARACHI: Pakistan’s perceived default risk has declined sharply, as evidenced … Read more

Cold wave persists in Karachi as temperature drops to single digits Blogging Sole

Cold wave persists in Karachi as temperature drops to single digits

 Blogging Sole

Listen to the article The temperature in Karachi fell to 9.2°C on Friday evening as the city continued to experience a cold wave. According to the Pakistan Meteorological Department (PMD), the cold is caused by northeast winds from Balochistan, which blow over the city. These winds intensified the cold, making the weather noticeably colder in … Read more