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Showing posts from February 23, 2023

Fly economy: Pakistan’s belt-tightening begins in high places

Pakistan is trying to reduce its budget deficit and debt levels in order to avoid a debt default. The government has announced a series of austerity measures, including a ban on luxury items and flights in business class. The measures will cost the government $764 million. The government is also raising taxes and energy prices. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/NnxOBTQ

Biden doesn’t see Putin using nukes despite halting arms treaty

President Joe Biden said that Vladimir Putin made the world less safe by suspending participation in the New START nuclear treaty. However, Biden added that he does not believe it signals the Russian leader will use nuclear weapons. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/45xE2kX

Dubai housing boom buoys buyers, burdens tenants

In upscale Dubai neighbourhoods, where properties sell for more than $10 million, the 219 sales recorded in 2022 were "more than the total recorded between 2010 and 2020", said real estate consultancy Knight Frank. Property prices in these prime locations jumped by 44 per cent in 2022 compared with the year before, it said. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/rljpfAF