The Pakistani rupee was up 0.13% against the US dollar in early trade.
Around 11 a.m., the rupee’s price was 223.67, up Re0.28 from earlier in the day’s trade. The rupee closed at 223.95 on Wednesday, unchanged versus the US dollar. Ishaq Dar, the federal minister of finance and revenue, announced on Wednesday that efforts to prevent the smuggling of US dollars into “neighboring” nations, will benefit the economy.
Dar continued by saying that the administration is working to stabilize the economy. As traders focused on remarks made by Federal Reserve Chair Jerome Powell that interest rate rises might be dialed down “as soon as December,” the dollar fell to a three-month low against the yen on Thursday.
While adding that “keeping policy at a tight level for some time” is necessary to contain inflation, Powell stated on Wednesday that “slowing down at this point is a sensible approach to balance the risks.”
The probability that the Fed will raise interest rates by 50 basis points on December 14 is presently pegged at 91%, with a 9% possibility that rates would rise by another 75 basis points on the same day. Around May, the peak is visible at a lower 5%.
The dollar index, which compares the value of the dollar to six important currencies, including the yen and the euro, continued its more than 1% decline from Wednesday into Thursday, falling another 0.09% to 105.69. Early Asian trade on Thursday saw a sharp increase in oil prices, a major measure of currency parity, driven by evidence of tighter supply and hope for a resurgence in Chinese demand.
Imran Khan praises Pakistan Army new leadership, hope to bridge trust.
On Twitter, Imran Khan tribute to the newly appointed Chief of Army Staff (COAS), General Asim Munir, and Chairman of the Joint Chiefs of Staff Committee, General Sahir Shamshad Mirza (CJCSC).
Khan used a passage from Pakistan’s founding father Muhammad Ali Jinnah to remind the military of their responsibility in a democracy.
The resolute politician, who was removed in a no-confidence vote and is currently embroiled in a number of legal battles, declared that the military leadership must address the growing mistrust that the populace has for the government over the past eight months.
Asad Umar, the secretary general of the PTI, and other PTI leaders have recently encouraged the new army leadership to restore the “broken trust between the people and the military.”
Prior to handing over leadership to General Asim Munir on Tuesday, former Chief of Army Staff General Qamar Javed Bajwa, 70, and the PTI chief met in secret.
Weird illness hits Ben Stokes and 13 other England Squad in Pakistan.
14 members of the England Squad became unwell as a result of a virus, which is big news out of Pakistan. What kind of virus it remains unknown. Their captain, Ben Stokes, is one of the injured players.
England Squad’s illness
The illness severely affected the England Test team, who is visiting Pakistan after a 17-year break. Thirteen others have also become ill. Only those players who are attending the first Test in Rawalpindi, which begins on December 1, Harry Brook, Zak Crawley, Keaton Jennings, Ollie Pope, and Joe Root, are unaffected (Friday), according to Test Match Special.
The status of the first Test is yet unknown. There are only two days left in the test match, and the visiting team will be unable to pitch an 11-man lineup with 14 players out due to illness.
There has been no statement on the subject from Pakistan Cricket Board or England Cricket.
Not to mention, the England squad has been enjoying the hospitality of the cricket-crazy nation since landing in Pakistan to play a Test series after 17 years. The ICC Men’s T20 World Cup 2022 final between England and Pakistan just took place, and the Three Lions prevailed to win their second championship.
The team which is under the leadership of Babar Azam will extremely get motivate to face England. They had hosted Australia earlier, who had defeated them in the Test series. Before the T20 World Cup, England recently made a brief tour to play seven T20 Internationals, which they won 4-3.
Under the direction of Stokes and head coach Brendon McCullum, the Test team would be striving to do the same.
However, it would be curious to see how the series plays out on December 1 in Rawalpindi given that 14 players are ailing. Before the first Test, let’s hope the illness is not too serious and the players will fully recover.
China’s former leader Jiang Zemin, has passed away at the age of 96.
Jiang Zemin assumed control in the aftermath of the Tiananmen Square crackdown and guided the world’s most populous country to its emergence as a worldwide force. “Jiang Zemin died of leukemia and multiple organ failure in Shanghai Today Nov. 30, 2022, at the age of 96,” Xinhua stated. When Jiang took over as President in 1989, China was still in the early phases of economic modernization. By the time he stepped down as president in 2003.
China joined the World Trade Organization. Beijing had secured the 2008 Olympics, and the country was well on its path to becoming a superpower.
Under Jiang’s leadership, China saw significant economic growth, witnessed the repatriation of Hong Kong from the United Kingdom in 1997 and Macau from Portugal in 1999, and strengthened its connections with the rest of the world, all while the Communist Party maintained tight control over the state.
However, Jiang received criticism for human rights violations, which led to the suppression of the Falun Gong movement. In 2002, the CCP constitution was amended to include his contributions to party theory, known as the “Three Represents” Jiang progressively relinquished his formal leadership positions from 2002 to 2005 (being superseded in these duties by Hu Jintao),
Although he continued to exert influence until much later. At 96 years and 105 days. old Analysts believe Jiang and his “Shanghai Gang” clique remained influential in communist politics even after he left the top office. He has his wife and two sons in his family.
NEPRA reduces electricity for K-Electric customers by Rs2.15 per unit.
Due to fuel cost adjustments (FCAs) for October 2022, the electricity unit tariff has been decreased. Customers of lifelines would not be eligible for the respite, according to the electricity regulator. The NEPRA statement states that K Electric customers will receive relief in the amount of Rs3.59 billion. A thorough judgment from the NEPRA will be released later.
On K Electric’s request for a quarterly adjustment from July to September and October, a hearing was held under the direction of NEPRA Chairman Tauseef H. Farooqi. He said that the impact of one billion was lessened as a result of the decrease in furnace oil output. The cost of purchasing power from CPPA was lowered by 6%.
Why high-speed diesel was utilized in October was questioned by Chairman NEPRA. K-Electric representatives commented on this, saying that in the event of a Sui Southern gas shortage, high speed was employed and some energy was generated as a small backup.
The hearing on K Electric’s request for a Fuel Charges Adjustment (FCA) has been concluded, and the authority will soon make a final determination. Due to fuel cost adjustments (FCAs) for October 2022, the tariff has been decreased.
Customers of lifelines would not be eligible for the respite, according to the electricity regulator. A thorough judgment from the NEPRA will be released later.
Islamabad Hit by 3.6-Magnitude Earthquake, Tremors Felt Nationwide.
According to authorities, earthquake shocks were detected in Islamabad, Rawalpindi, and Gardwanah, as well as Haripur, Abbottabad, and Mansehra in Khyber Pakhtunkhwa.
Tremors from the earthquake were also felt in other places of Khyber Pakhtunkhwa’s epicentre. the magnitude of the earthquake was 3.6, with a subterranean depth of 30 kilometres. The earthquake’s epicentre was 34 kilometres from Abbottabad. Islamabad has experienced one 3.6-magnitude earthquake in the last 24 hours. Look for earthquakes that occurred in the last 30 days.
A 3.6 magnitude earthquake struck Khyber Pakhtunkhwa, Pakistan, 11 hours ago. Magnitude 3.6 | Khyber Pakhtunkhwa, 36 km NW of Islamabad, Pakistan – 11 hours agoMag. 3.6 on Tuesday, November 29, 2022, at 11:32 p.m. (GMT +5) – Khyber Pakhtunkhwa, 36 kilometres northwest of Islamabad, Pakistan
Mag. 4.4 on Thursday, November 17, 2022, at 1:35 p.m. (GMT +5) 7.5 kilometres north of Jand, Attock District, Punjab, Pakistan
Mag. 4.8 on Saturday, August 13, 2022, at 5:24 a.m. (GMT +5) – Khyber Pakhtunkhwa, 37 kilometres north of Islamabad, Pakistan
Recent earthquakes of magnitude 2.0 or greater in or around Islamabad, Pakistan (recently updated)
1 quake M2+ 1 quake M3+ in the last 24 hours
1 quake M2+ 1 quake M3+ in the last 7 days
Three earthquakes have occurred in the last 30 days.
Police report grim discovery of wife and 3 daughters’ bodies in Malir.
wife and three daughters were allegedly killed at the Shamsi Society Karachi, using a sharp weapon, according to the police. At the residence, a male was also discovered to be in severe condition.
The police arrived on the site as soon as they were alerted of the situation and transported the injured and dead to the hospital. The injured individual was named Fawad, according to Senior Superintendent of Police (SSP) Korangi Sajid Khan Sadozai.
The official police statement continued, “Police have retrieved a knife from the crime scene, which seems to be the murder weapon.” He said that Fawad attempted suicide“after murdering her 38-year-old wife and kids.”
The policeman said that his brother was at work when the terrible occurrence took place and that his brother’s family also resides in the same building. The SSP said that Fawad works as a salesperson for a private business. According to Sadozai, Fawad is in severe condition in the hospital, which is why the police did not record his statement.
Mauna Loa, volcano in Hawaii, erupts 40 years, spewing lava and ash.
The biggest volcano in Hawaii Erupted, and because of this rivers of molten lava could be seen spewing enormous clouds of steam and smoke at the peak on the Big Island, prompting fears that the situation might change quickly.
The United States Geological Survey claimed that the eruption could be seen from 45 miles (72 kilometers) away, in the town of Kona on the west coast of Hawaii’s main island.
Initially limited to the caldera, the volcano’s concave region at its summit, the eruption started just before midnight on Sunday. However, volcanologists reported on Monday that lava was already erupting from fissures in the volcano’s side.
According to the USGS, “Mauna Loa’s eruption has moved from the summit to the Northeast Rift Zone where cracks are feeding numerous lava flows.”
Although the agency cautioned that the volcano was unstable, it stated that there was now no concern for those who lived below the eruption zone. According to prior occurrences, the position and progress of lava flows can alter quickly during the early phases of a Mauna Loa rift zone eruption.
Experts also issued a warning that winds may bring Pele’s Hair, which is the name given to tiny strands of volcanic glass generated when lava skeins cool rapidly in the air, as well as volcanic gas and fine ash downslope. The strands are potentially dangerous to skin and eyes and are named after Pele, the Hawaiian goddess of volcanoes.
The “Long Mountain”
Although the summit area and a few nearby highways were closed and two shelters were created as a precaution, Hawaii’s authorities have not yet issued any evacuation orders.
A modest deposit of ash is anticipated on ships in ocean seas to the southeast of the Big Island, according to an ash fall alert that has been issued downwind of the volcano. The eruption had been initially controlled, but according to volcanologist Robin George Andrews, it is now spreading.
“Oaf. On the slopes of the Northeast Rift Zone, or NERZ, of Mauna Loa, lava is currently erupting from recently formed vents. That gives the explosion a new dangerous dimension, he remarked on Twitter.
We should all keep a watch on this dangerous mountain because it hasn’t erupted since 1984, which is the longest eruptive hiatus in its known history.
But Andrews asserted that the northeastern city of Hilo, which is home to approximately 44,000 people, “would be good” barring a sharp increase in the lava flow rate.
Mauna Loa, whose name means “Long Mountain,” is the biggestvolcano on Earth by volume. It occupies half of the Big Island and is bigger than all the other Hawaiian Islands put together.
The USGS estimates that the peak of Mauna Loa is around 17 kilometers (10.5 miles) above its base due to the volcano’s submerged flanks that extend for miles to an ocean bottom that is itself depressed by Mauna Loa’s vast bulk. Mauna Loa, one of Hawaii’s six active volcanoes, has erupted 33 times since 1843.
Its most recent eruption, which occurred in 1984, lasted 22 days and resulted in lava flows that came within a distance of Hilo of roughly seven kilometers (four miles). Between 1983 and 2019, the southeast flank of Mauna Loa’s volcano Kilauea practically continually erupted.
Rawalpindi Traffic Police announce diversion plan for Pakistan-England
More than 432 employees will carry out their responsibilities to preserve traffic flow during the PAK vs ENG matches, a spokeswoman said. The Rawalpindi Traffic Police developed the following comprehensive plan:
" پاکستان بمقابلہ انگلینڈ کرکٹ میچ راولپنڈی کرکٹ سٹیڈیم "
At the arrival and departure of the cricket teams, Murree Road would stay closed on both sides to all types of traffic from Faizabad to Double Road. There will be a traffic diversion from Faizabad to the Expressway arriving from Islamabad.
Sixth Road will be redirected to Saidpur Road for traffic coming from Rawalpindi in the direction of Islamabad. After the teams have moved, Murree Road traffic will continue to flow normally.
Throughout the game, Stadium Road will stay blocked on both sides between 9th Avenue Chowk and Double Road. Traffic approaching Double Road will enter Rawalpindi through IJP Road, Pandora Chungi, Katarina, Carriage Factory, Pirwadhai Mor, and Chak Madad during the practice session and the opening test match.
For the convenience of the public, banners promoting the other routes have been erected on major thoroughfares. The three-match series, which is a part of the World Test Championship, begins in Rawalpindi on December 1 and concludes with the third Test in Karachi on December 13. (December 17-21).
Elon Musk Poised to Top Twitter Influencer person on January 17, 2023.
Influencers Person ElonMusk, already has 120 million followers, trailing only Barack Obama, the former US president, who has 130 million. And, after a spectacular surge in the month after acquiring Twitter, Mr. Musk’s will surely overtake, according to Social Blade statistics. This will be a once-in-a-lifetime opportunity.
The social media business has never seen a platform with a CEO who is also its most prominent figure. So, if Mr. Musk becomes both Twitter‘s CEO and its “influencers,” what are the ramifications for both the billionaire and the website?
BBC News sought the opinions of experts.
Influencers Person Musk is gaining 270,000 followers a day
Despite recent issues, Mr. Musk’s Twitter popularity is apparent and expanding. According to Social Blade, he has acquired 268,303 followers per day on average over the last 12 months and lost followers in just five days, all of which may be attributed to news events.
He lost roughly 200,000 followers on November 12, when Twitter announced huge job layoffs – and because he is sure to have received new followers that day as well, the true number who unfollowed him must have been substantially higher.
“Elon Musk is now the primary character on Twitter,” says social media analyst Matt Navarra. “Having a CEO who is a huge influencer on the platform has certain benefits in some respects because it makes him extremely accessible to people.”
Meta CEO Mark Zuckerberg is also a celebrity, but he is not a frequent poster on Facebook, according to Mr. Navarra, and his posts are more business in tone. Twitter’s inextricable ties to Mr. Musk, a contentious figure, might pose a dilemma for the company. “He is highly aggressive and provocative, and some may even say poisonous,” adds Mr. Navarra. “And he might be perceived as potentially extremely harmful by brands.”
Kate Baucherel, an emerging technology expert, says: “Wrapping the CEO’s personality into the personality of the platform jeopardizes any neutrality or diversity. A white male US citizen does not represent the entire planet.”
Influencers Person Musk is tweeting 70% more since buying Twitter
Mr. Musk, who was already a voracious tweeter, has been tweeting 76% more frequently since purchasing the site, according to Social Blade. On Tuesday, November 22, he sent out 75 tweets, including posts, replies, and retweets. This is a new high for him. “It’s fantastic to have a CEO who uses the product,” says an unnamed former senior product manager at Twitter.
And it should not obstruct Mr. Musk’s management of the firm. But he adds: “People that tweet a lot, in my opinion, are hooked – and probably egotistical. There aren’t enough fascinating things to say to the entire globe for someone to tweet more than five times a day.”
Mr. Musk now tweets once every 15 minutes during typical waking hours. He does, however, occasionally post at odd hours, such as 02:00. The experts we consulted with all agreed that although having a CEO engrossed in his or her platform might be beneficial, the sort of stuff Mr. Musk is releasing could be harmful.
Sexual images and cursing have appeared in recent tweets. In response to critics who said he was destroying Twitter, he shared an interpretation of a meme depicting a guy smiling at a cemetery during a funeral.
Mr. Navarra
Mr. Musk is a key engagement driver for Twitter, with his latest tweets bringing in a considerable number of new users or reactivating old ones. “We simply need to look back to another individual who has an alarming lot of parallels… with Elon Musk,” he argues.
“Trump was also a tremendous generator of activity and engagement through his tweets, which I’m sure benefited Twitter. “However, I believe he is a net negative in terms of the issues it brought with it for content control and harmful content.
“Elon Musk has a comparable influence on the platform.” After the assault of the US Capitol building in Washington in January 2021, Twitter permanently suspended President Trump, claiming “the risk of future instigation of violence.”
Following a referendum among Twitter users, Mr. Musk reactivated his account on November 19, though Mr. Trump has not posted since.
Influencers Person Musk follows only 129 people
Mr. Musk has gained 8.6 million followers since purchasing Twitter, yet he has only followed six new people in that time, bringing his total number of followers to 129. When Jack Dorsey was CEO of Twitter, he followed around 3,500 individuals. Former President Barack Obama has 570,000 followers.
Following so few people, according to observers, restricts Mr. Musk’s view of what others are talking about on the social network. “He has no concept what typical users’ experiences are,” claims the former Twitter manager.
“For example, he never sees advertisements since we only deliver advertising to the top 1,000 or so people. As a result, he would not have grasped that aspect of the product before purchasing it.” Mr. Musk allegedly urged Twitter’s marketing staff that advertisements should “look like tweets,” despite the fact that the company’s ads were already tweets.
Mr. Musk’s biased experience on the platform as a top influencer, according to the former Twitter manager, may also impede him from knowing how to develop and expand it. Twitter is a smaller social network than others, and “average time spent was a serious barrier to our growth and ad revenue.”
“People who are devoted users spend a lot of time on the site – but they need to figure out how to boost the time that the masses spend,” says the former Twitter insider. Mr. Musk is met with alerts every time he comes into his account, making him feel good and desire to stay on the site. However, this is not the case for the vast majority of consumers.
One of Mr. Musk’s primary ambitions is to get a billion Twitter users. There are currently over 300 million, which is the number of followers Mr. Musk will have in two years, according to Social Blade forecasts.
