Lrqo Pakistan assails India over extra-judicial killing of three more Kashmiris
Rain in Karachi is rare, and dangerous. It is a classic example of how a blessing can turn into a curse. Yet again, on Friday, not too heavy an amount of rain mdash just about 60mm mdash proved too much for the country rsquo s biggest and most modern city. An hour or so of downpour, and it was all topsy-turvy mdash like some 10 days back and on the 30th of July last year when Karachi had received just 45mm and 70mm rain respectively. For comparison, the monsoon fury of July 26, 2005 that had brought Mumbai to a standstill had unleashed 944 mm rainwater in about 24 hours.It was, therefore, not much of a surprise that even upscale localities of Karachi were submerged, with rainwater making way into the houses and reaching
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as far as living rooms and
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bedrooms, damaging everything inside. Much of the city, as ever, went without electricity with t
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he first drop of rain, and the supply was not restored even after 12 to 15 hours in several areas. The rain accompanied with strong winds str Wjgi Spurs super-heroes into Champions League final as Lucas breaks Ajax hearts
As the incumbent government gears up to celebrate its five months in power, it seems as if it has been drawn into the dark, meandering the depths of a debt trap where every apparent turn is leading the country only further deeper into the chasms of economic despair. The federal government s debt has increased to a whopping Rs26.5 trillion, following a net addition of Rs2.24 trillion in just the past five months.According to figures released by the State Bank of Pakistan (SBP) on Monday, the federal governm
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ent borrowed at an average rate of Rs15 billion per day from July through November 2018. This includes almost three and a half months of the incumbent government that is led by the Pakistan Tehreek-e-Insaf (PTI).Debt
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figures for July-November 2018 suggest tha
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t the finance ministry currently lacks a credible strategy to deal with the growing public debt and has resorted to breaching the SBP Act 1956 which mandates the retirement of central government debt from the central bank, instead