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Articles for tag: crisis, deep, facing, industry, The tractor industry is facing a deep crisis, tractor

August 2, 2024

News Desk

The tractor industry is facing a deep crisis

LAHORE: Pakistan’s tractor industry is in a crisis and this crisis, according to industry experts, is deepening every day, leading to a significant slowdown in tractor sales over the years and closure of manufacturing units. This situation not only threatens the livelihood of thousands of workers in this industry, which has so far reached a localization level of 95%, but also poses a serious threat to Pakistan’s agricultural sector. “The ongoing dilemma of the tractor industry can be traced back to the economic instability that has plagued Pakistan for more than half a decade,” said an executive at a tractor

Erdogan expresses deep concern over Israel’s escalating threats, attacks in Lebanon

CONSTANTINOPLE: Israel’s escalating rhetoric and attacks on Lebanon have Turkey seriously worried about the future of the region, Turkish President Recep Tayyip Erdogan said on Tuesday. “No state in our region, including Turkey, can feel safe as long as Israeli aggression is under the influence of [Israel’s Prime Minister] Netanyahu’s administration is not stopping,” Erdogan said after the cabinet meeting in Ankara. Hezbollah and Israel have been exchanging fire on the border since the Gaza war erupted in October, but the recent escalation has fueled concern of a larger conflict. The Lebanese group has linked the cessation of its attacks

June 11, 2024

News Desk

Pakistan put Canada in deep trouble with their sixth World Cup dismissal

Pakistan’s Haris Rauf celebrates with teammates after the dismissal of Canada’s Ravinderpal Singh during the ICC Men’s Twenty20 World Cup 2024 cricket match between Pakistan and Canada at the Nassau County International Cricket Stadium in East Meadow, New York on June 11, 2024 — AFP NEW YORK: Pakistan decided to bowl first after winning the toss against Canada in the 22nd match of the ongoing T20 World Cup 2024, which is also a do-or-die match for the Men in Green. The Men in Green drew first blood against the opposition as Mohammad Amir bowled Canadian opener Navneet Dhaliwal (4) in

OPEC+ extends deep oil production cuts until 2025

LONDON/DUBAI: OPEC+ agreed on Sunday to extend most of its deep oil output cuts until 2025 as the group seeks to prop up the market amid tepid demand growth, high interest rates and rising rival U.S. output. Brent crude oil prices have been trading near $80 a barrel in recent days, below what many OPEC+ members need to balance their budgets. Concerns about slow demand growth in top oil importer China have weighed on prices alongside a rise in oil inventories in advanced economies. The Organization of the Petroleum Exporting Countries and its Russia-led allies, collectively known as OPEC+, have

May 26, 2024

News Desk

An agenda of deep reforms is proposed

Islamabad: Pakistan Institute of Development Economics (PIDE) on Saturday inaugurated Economy Festival 2024 to promote research for social transformation and progress. PIDE, in association with Research for Social Transformation and Progress (RASTA) program and Pakistan Society of Development Economists (PSDE), inaugurated the third Festival of Economics – EconFest at Gandhara Citizens’ Club, Fatima Jinnah Park, on Saturday. The former vice-president of the Planning Committee and Vice-Chancellor of PIDE, Dr. “Our aim is to dismantle outdated colonial institutions that have long fostered suspicion of markets, imposed restrictive measures such as DC rates and hindered technological progress and the development of local

April 11, 2024

News Desk

Kaavis yearns deep in ‘Tere Naam’

It’s a good year for Kaavish fans: In January, the semi-classical band excited everyone with the sudden announcement of their return to live music. Enter April and the band has come out with their latest offering, cleverly coinciding with Meethi Eid. Even better than the anticipation that preceded it Tere Naam he realizes that all the waiting was worth it. clocking in at 5 and a half minutes, Kaavish’s latest creates a soundscape that is both nostalgic and strikingly modern. From the very first moment, a synth intro creates a hauntingly beautiful scene before the guitar gently eases in, its

March 10, 2024

News Desk

The Kyrgyz envoy emphasizes deep economic cooperation

LAHORE: Kyrgyz Ambassador Ullanbek Totuiaev underlined the importance of prioritizing trade, economic relations and investment, saying that deepening partnerships in these areas will be mutually beneficial for both nations. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), the envoy highlighted the deep historical, religious and cultural ties between Kyrgyzstan and Pakistan with significant potential for bilateral cooperation in various fields. He pointed out that the former senior vice president of LCCI Meher Kashif Younis was appointed honorary consul general of Kyrgyzstan and the establishment of Kyrgyz Trade House in Lahore was hailed as a positive step to strengthen

January 23, 2024

News Desk

Djokovic, Gauff dig deep to reach Australian Open semi-finals

MELBOURNE: Novak Djokovic defeated Taylor Fritz in an 11th Australian Open semi-final and a record 48th Grand Slam on Tuesday, with Coco Gauff also forced to dig deep in scorching heat. The Serbian superstar came through a trying test at Rod Laver Arena against the 12th-ranked American 7-6 (7/3), 4-6, 6-2, 6-3 to keep his bid for a 25th major crown alive in a good way. Djokovic almost always takes the evening seat on center court, but he dropped to the afternoon on a day where temperatures soared to 32 degrees Celsius (90 degrees Fahrenheit) and the world number one

December 26, 2023

News Desk

A deep dive into the Japanese weight loss technique for a holistic, healthier life

Focused on balance and whole foods, this ancient method offers a holistic, sustainable path to weight loss Hara Hachi Bu: A Deep Dive into the Japanese Weight Loss Technique for a Holistic, Healthier Life. — Bluezones.com/File In the pursuit of effective weight loss and a longer, healthier life, countless diets and fads have come and gone, however, one method has stood the test of time and continues to deliver results: the Japanese approach to weight loss. Focused on balance, mindfulness, and whole foods, this ancient method offers a holistic, sustainable path to weight loss and overall wellness. In this comprehensive

November 14, 2023

News Desk

Tech gurus are calling for deep reforms

KARACHI: A clarion call for structural reforms, building credibility and moving away from an insular mindset rang through the halls of the +92Disrupt event in Karachi. Top personalities from the technology industry, often referred to as gurus and mavens, emphasized the need to positively reframe the narrative to attract global investment and propel Pakistan into the realm of developed businesses. The gathering took place during the concluding session of the two-day +92Disrupt conference, hosted by Katalyst Labs at a local hotel in Karachi on Sunday evening. Aman Nasir, Sarmayacar General Partner, delivered a thought provoking discussion highlighting the strategies required

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