As major cities around the world light up with festive decorations in November, urban centers in northern Pakistan prepare for a very different season—a season shrouded in hazardous smog. From November to February, millions face dangerous air pollution levels, with far-reaching health and economic consequences. The smog season, Pakistan’s second-largest health threat after cardiovascular disease, sends thousands to hospitals every …
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SBP Cuts Policy Rate by 250bps and Updates Economic Outlook for FY25
The State Bank of Pakistan (SBP) announced a 250bps policy rate cut in today’s Monetary Policy Committee meeting, aiming to support economic activity while managing inflation and debt obligations. Here are the key highlights: External Debt Management For FY25, Pakistan faces external debt obligations totaling USD 26.1 billion, with USD 22 billion as principal and USD 4 billion in interest. …
Read More »Fastest-Spinning Neutron Star Discovered: 716 Rotations Per Second
In an extraordinary discovery, researchers from DTU Space have identified a neutron star spinning at an incredible rate of 716 rotations per second. The neutron star, located 26,000 light years away in the Sagittarius constellation, is one of the fastest-spinning objects ever observed in the universe. It belongs to a binary star system known as 4U 1820-30. A Rare and …
Read More »Iowa Resident Dies from Rare Lassa Fever After Returning from West Africa
The Iowa Department of Health and Human Services confirmed on Monday the tragic death of a middle-aged resident from Lassa fever. The individual, who had recently returned from a trip to West Africa, is believed to have contracted the virus during their travels. What is Lassa Fever? Lassa fever is a viral disease primarily found in West Africa, where it …
Read More »PTCL Group Reports Rs6.3 Billion Loss in Q3 Despite Revenue Growth
PTCL Group Posts Significant Q3 Loss Despite Revenue Growth The PTCL Group has reported a notable Rs6.3 billion loss for the third quarter of 2024, marking a sharp rise from the Rs2.3 billion loss recorded during the same period last year. Over the first nine months of 2024, the company’s total losses escalated to Rs15.3 billion, a significant increase from …
Read More »Volta Space Technologies to Launch Lunar Power Network: LightGrid
Introduction Volta Space Technologies, a Montreal-based startup with US offices, has announced an innovative project called “LightGrid.” Specifically, this satellite network will orbit the moon, collecting solar power and transmitting it to spacecraft on the lunar surface. Moreover, the technology aims to provide uninterrupted power for lunar exploration missions, even in areas with no sunlight. LightGrid: A Revolutionary Power Solution …
Read More »Mark Zuckerberg Joins the $200 Billion Club
Mark Zuckerberg, CEO of Meta, has officially joined the elite $200 billion net worth club, becoming one of the three wealthiest individuals globally. According to Bloomberg’s Billionaire Index, Zuckerberg’s net worth now ranks behind Elon Musk ($265 billion) and Jeff Bezos ($216 billion). Key Drivers of Zuckerberg’s Wealth Surge Meta’s Stock Surge: Meta’s stock has skyrocketed by nearly 60% in …
Read More »How Digital Skills Training Can Add Rs. 2.8 Trillion to Pakistan’s GDP by 2030
Digital Skills Training Can Add Rs. 2.8 Trillion to Pakistan’s GDP by 2030 Pakistan’s digital economy is rapidly evolving, and according to Google’s research, enhancing digital skills and embracing education technologies could add Rs. 2.8 trillion to the nation’s GDP by 2030. This shift will help future-proof the country’s economy while creating new opportunities for growth and development. Google’s Commitment …
Read More »1LINK Addresses Media Reports on ATM and Mobile Banking Outages in Pakistan
1LINK Reassures Customers Amid Reports of ATM and Mobile Banking Disruptions Recent media reports have highlighted concerns regarding potential disruptions in ATM services and mobile banking across Pakistan. Addressing these concerns, 1LINK, a leading payment system in Pakistan, has assured customers and stakeholders that its services are fully operational, offering uninterrupted access 24/7. Official Statement from 1LINK In an official …
Read More »Fourth Case of Monkeypox Confirmed in Khyber Pakhtunkhwa
ACCORDING TO SAMAA New Monkeypox Case in Khyber Pakhtunkhwa A fourth case of monkeypox (Mpox) has been confirmed in Khyber Pakhtunkhwa, with the latest patient identified as a 47-year-old man who recently returned from abroad. The individual was detected during routine screening at Peshawar Airport and has been transferred to the Police Services Hospital for treatment. Health Department’s Response In …
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