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Articles for tag: aboveaverage, Atlantic, CSU, forecast, hurricane, predicts, season, Typhon, US

CSU predicts an above-average Atlantic hurricane season in 2024

HOUSTON: Colorado State University (CSU) forecasters on Tuesday increased the number of hurricanes expected in 2024 in a July update to their long-range forecast. “Hurricane Beryl, a Category 5 deep tropical cyclone, is also a possible harbinger of a hyperactive season,” according to the forecast released Tuesday. At least 14 deaths have been attributed to Hurricane Beryl, which devastated Grenada and Jamaica in the Caribbean before slamming into Mexico’s Yucatan Peninsula and then turning north to make landfall on Monday in Texas, knocking out power to millions and shutting down major oil ports . In the forecast released Tuesday, CSU

Trump predicts that Biden will remain in the presidential race

Republican presidential candidate Donald Trump said he expected President Joe Biden to remain in the race for the White House despite growing calls in the Democratic Party for Biden to drop out for a younger candidate. Trump, 78, said Monday that Biden, 81, would refuse to drop out of the campaign because of his ego and noted that the president had locked up the Democratic nomination because of all the delegates he won in the Democratic primary earlier. this year. Biden has repeatedly said he remains in the race. “It’s interesting that he has a lot of power, because he

June 18, 2024

News Desk

Pakistan’s budget will significantly reduce public debt, Fitch ratings agency predicts

Fitch forecasts that Pakistan’s FY25 budget will significantly reduce public debt, which is projected to fall to 68% of GDP by the end of FY24. This decline is attributed to the effects of high inflation and deflation, which help offset rising domestic interest costs. Fitch Ratings foresees a simultaneous decline in both inflation and interest costs, driven by economic growth and primary surpluses. The State Bank of Pakistan took a pivotal step on June 10 by cutting policy rates for the first time in five years, cutting them by 150 basis points to 20.5%. This monetary policy adjustment is expected

June 10, 2024

News Desk

Cristiano Ronaldo’s former Real Madrid coach predicts his role at Euro 2024

This combination of images shows Portugal’s Cristiano Ronaldo and former Real Madrid manager Jose Mourinho. — Reuters/Files Cristiano Ronaldo is set to grace the football pitch with his Portugal team-mates in Germany for Euro 2024 after being benched in the friendly against Croatia where his side were beaten. After Saturday’s match, Ronaldo’s former Real Madrid manager, Jose Mourinho, said he expected Ronaldo to play a major role for Portugal at the European Championships this summer, despite his age. Ronaldo, 39, has already scored 128 goals for his national team and is set to compete in his 11th tournament. According to

June 9, 2024

News Desk

Ahmed Shehzad predicts the outcome of a ‘one-sided’ meeting

Ahmed Shehzad speaks on Geo News show Haarna Mana Hay in what is still captured from a video. — YouTube/GeoNews/Archive Former Pakistan cricketer Ahmed Shehzad has expressed optimism about the national team’s chances of success in the high-voltage clash with India in a bold prediction as cricket fans await the encounter with fingers crossed. The arch-rivals are set to clash in today’s (Sunday) T20 World Cup 2024 match, scheduled to start at 7:30 pm. (PST). The former urged the Pakistan team to play with a fearless attitude while also predicting that the Men in Green will defeat India in a

June 7, 2024

News Desk

Former India batsman Aakash Chopra predicts Pakistan vs India team

Former cricketer and commentator Akash Chopra is seen in this image released on May 29, 2024. — Instagram/@cricketaakash The much-awaited Pakistan-India T20 World Cup clash is scheduled to take place on June 9 in New York, but speculations are rife as to who would play in the Greenshirts’ squad. Aakash Chopra, who played for India and is currently the cricket commentator, on Thursday predicted Pakistan’s line-up for the historic T20 World Cup tournament. The 46-year-old said star batsman Babar Azam would lead the side by reaching one down before Mohammad Rizwan and Saim Ayub start the battle for the Green

May 23, 2024

News Desk

Former England cricketer predicts Pakistan will not go to semi-finals of T20 World Cup 2024

Former England off-season cricketer Graeme Swann (left) and Pakistan. —Crictoday/PCB Former England all-rounder Graeme Swann has picked his favorite teams that could make it to the semi-finals of the T20 World Cup 2024, but it doesn’t include Pakistan. Swann did not include Pakistan in his top four teams for the much-anticipated World T20 tournament, which is just a week away from kicking off in the USA and West Indies. From the start of the tournament, 20 teams will appear for the first time in the history of the tournament. Swann believes the four teams to make the final four will

May 17, 2024

News Desk

The UN predicts that Pakistan’s economy will grow by 2% in 2024

Islamabad: Pakistan, which faces significant economic challenges, is expected to experience “moderate economic growth,” with its Gross Domestic Product (GDP) projected to grow by 2 percent in 2024, according to a United Nations report. Noting that Pakistan had entered into a stand-by arrangement with the International Monetary Fund (IMF) worth $3 billion, the interim report on the World Economic Situation and Prospects said the program is expected to help stabilize the economy, increase the foreign exchange the country’s reserves and facilitate fiscal adjustment while protecting critical social spending. At the same time, it said tight economic conditions and fiscal and

May 12, 2024

News Desk

The PSX predicts a record 106,000-point increase by June 2025

KARACHI: A leading local research house has revised its outlook for the Pakistan Stock Exchange (PSX), forecasting the benchmark to reach 87,000 by December 2024 and 106,000 by June 2025.The projected growth of the benchmark KSE 100 depends on securing the next International Monetary Fund (IMF) loan program of $6-8 billion, expected between June and July 2024, and ensuring timely financial reviews by the Fund. In a comprehensive report titled “Index to reach 87,000 by December 2024 and 106,000 by June 2025 – Price-to-earnings ratio reverts to 3-year average,” Topline Research raised its growth forecast for the benchmark KSE 100

April 6, 2024

News Desk

UN predicts 2% GDP growth and 26% inflation for Pakistan in current financial year

A representational image showing people engaged in shopping activities in a market in Lahore. — AFP/File Countrthe tax to GDP ratio may exceed 12%, UNESCAP warns. The forum highlights the effects of political unrest, floods on the economy. It expects inflation to fall to 12.2%, GDP growth to reach 2.3% in the 25th year. Islamabad: Amid the prevailing economic crisis facing Pakistan, the United Nations Economic and Social Survey for Asia and the Pacific (UNESCAP) 2024 has projected the country’s gross domestic product (GDP) growth to remain at 2% along with inflation of 26% in the ongoing fiscal year, The

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