Pakistan Rupee Slumps To Record Low, Crisis-Hit Nation Seeks Bailout

The Pakistani rupee fell by Rs. 24 and was trading at Rs. 255 against the US dollar New Delhi: Pakistan’s currency today has fallen to a record low of Rs. 255 against the US dollar, according to local media reports. The tumble comes after the cash-strapped government relaxed its grip on the exchange rate to … Read more

Nearly 220 million people in Pakistan without power after nationwide outage CNN Business

Islamabad, Pakistan CNN — A nationwide power outage in Pakistan left nearly 220 million people without electricity on Monday, threatening to cause havoc in the South Asian nation already grappling with fuel shortages in the winter months. The country’s Ministry of Energy said in a statement the country’s National Grid went down at 7.34 am … Read more

‘What do we do when another disaster hits?’ Afghans face crises on all fronts after quake kills 1,000 | CNN

CNN – Aid groups scrambled on Thursday to reach victims of a powerful earthquake that rocked eastern Afghanistan, killing more than 1,000 people in an area blighted by poor infrastructure, as the country faces dire economic and hunger crises. The slow response, exacerbated by international sanctions and decades of mismanagement, concerns people working in the … Read more