International News
Pakistan: Another fuel price hike piles pressure on suffering citizens
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Islamabad, Jan 15: Pakistan government’s decision to hike petrol price by at least Rs 3.5 per litre from Thursday has invited widespread censure from citizens across the country who are already battling inflation and financial stress.
As per sources in the government, a summary for increase in fuel and petroleum prices has been proposed due to the variation in the global market. Details suggest that the price of light speed diesel may be increased by at least Rs 5 while kerosine oil price may also see a hike of at least Rs 6 per litre.
The proposal to increase prices, submitted by the Federal Petroleum Ministry through a working paper to the Oil and Gas Regulatory Authority (OGRA), recommends major adjustments.
The proposed prices will be reviewed by OGRA before being sent to Pakistan Prime Minister Shehbaz Sharif for the final approval. The revised rates will stay from January 16 to January 31.
This is the second such hike in January 2025. The fuel and diesel prices were increased by Rs 0.56 and Rs 2.96, respectively on January 1 till the midnight of January 15.
The latest move is expected to put more pressure on the masses and the transport sector. Locals argue that the increase in prices dents their monthly budget with a direct impact on the cost of basic utilities.
“Increase in fuel price makes it almost impossible for poor people like me to save enough money at the end of the day and provide my family with food. We suffer every time but the government continues to ignore our suffering,” said a rickshaw driver in Rawalpindi.
While the fortnight revision of fuel prices has invited ire of the citizens, the government maintains that the country’s overall economic position has improved and some good measures could finally be in store for the public in near future.
“We have already brought down inflation levels to a single digit and will continue to work to ensure that it keeps decreasing. Our progress is consistent and the country is surely coming out of its economic turmoil,” said Muhammad Aurangzeb, Federal Minister of Finance.
International News
Arab leaders meet in Saudi Arabia to discuss Palestinian issue, Gaza developments
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Riyadh, Feb 22: Leaders of Egypt, Jordan, Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, and Bahrain met in Saudi Arabia’s capital Riyadh to discuss the Palestinian issue and the developments in the Gaza Strip, the official Saudi Press Agency (SPA) reported.
While the report described the gathering as a “consultative brotherly meeting” without providing details, media reports suggested that the discussions held on Friday were meant to focus on Gaza’s post-war reconstruction to counter a recent proposal by US President Donald Trump to relocate Palestinians from the enclave and turn it into the “Riviera of the Middle East,” a plan widely rejected by Arab nations.
Umer Karim, an expert on Saudi foreign policy, called the summit the “most consequential” in decades for the wider Arab world and the Palestinian issue.
Trump triggered global outrage when he proposed the United States “take over the Gaza Strip” and relocate its 2.4 million people to neighbouring Egypt and Jordan.
According to SPA, the meeting is at the invitation of Saudi Crown Prince Mohammed bin Salman Al Saud, and attended by Jordanian King Abdullah II, Qatari Emir Sheikh Tamim bin Hamad Al Thani, Egyptian President Abdel-Fattah al-Sisi, UAE President Sheikh Mohamed bin Zayed Al Nahyan, Bahraini Crown Prince Salman bin Hamad Al Khalifa, and Kuwaiti Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah.
During the meeting, the leaders also expressed their support for the upcoming emergency Arab League summit, scheduled to take place in Cairo on March 4, to address the latest Palestinian developments.
The Gaza Strip is largely in ruins after more than a year of war between Israel and Hamas, with the United Nations recently estimating that rebuilding would cost more than $53 billion.
International News
China hails India’s powerful, rising influence in Asia
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New Delhi, Feb 20: In yet another sign of thawing ties between the two countries, a Chinese diplomat on Thursday hailed India’s ascent in the Asia Power Index that was released last year.
“India has become the 3rd most powerful and influential country in Asia, after the US and China,” Yu Jing, spokesperson of the Chinese Embassy in India, posted on X citing the 2024 Asia Power Index by Australia’s Sydney-based Lowy Institute.
The report released in September 2024 had placed India as the third-most powerful nation in Asia, behind only the United States and China, highlighting India’s remarkable improvement in various categories, particularly in Diplomatic Influence, which surged due to Prime Minister Narendra Modi’s increased international engagements.
As India overtook Japan to grab the third spot in the Asia Power Index, several leaders attributed the country’s ascent to PM Modi’s visionary leadership and global strategy.
“India’s rise is no accident. This is the direct result of Prime Minister Modi’s aggressive diplomatic strategy and his bold ambitions to reshape India’s place in the world. Without his leadership, India would still be languishing behind, but today, we see a nation on the verge of superpower status,” stressed Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri.
According to the Lowy Institute, the Asia Power Index consisted of eight measures of power, 30 thematic sub-measures and 131 indicators. The Index ranked 27 countries and territories in terms of their capacity to shape their external environment — its scope reaching as far west as Pakistan, as far north as Russia, and as far into the Pacific as Australia, New Zealand, and the United States.
The government listed three major factors behind India’s rise in the index, including economic growth, future prospects and diplomatic influence.
“Prime Minister Narendra Modi’s leadership has gained greater international recognition. India’s non-aligned strategic position has made it possible for New Delhi to effectively navigate complex international waters. India ranked sixth in terms of diplomatic interactions in 2023, reflecting its active participation in multilateral forums,” the Ministry of Information and Broadcasting said, last year.
The strained relations between India and China are showing some improvement following the meeting between PM Modi and Chinese President Xi Jinping held in Kazan in October 2024.
Last month, Foreign Secretary Vikram Misri visited Beijing for a meeting of the Foreign Secretary-Vice Foreign Minister mechanism between India and China on January 27.
The two sides not only decided to resume the Kailash Mansarovar Yatra in the summer of 2025 but also agreed, in principle, to resume direct air services between the two countries.
Analysts reckon that the Chinese diplomat’s post on Thursday could be part of both countries deciding to utilise 2025 – the 75th anniversary of the establishment of India-China diplomatic relations – to redouble public diplomacy efforts, create better awareness about each other and restore mutual trust and confidence among the public, as it was agreed during Foreign Secretary Misri’s visit to Beijing, last month.
International News
Iran’s supreme leader says US ‘foolish’ plans for Gaza to lead nowhere
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Tehran, Feb 19: Iran’s Supreme Leader Ali Khamenei said that US “foolish” plans for Gaza and Palestine “will lead nowhere.”
“Those who claimed that they would destroy resistance in a short period of time are now receiving their prisoners from the resistance fighters in small groups and releasing a large number of Palestinian captives in return,” Khamenei said when meeting with visiting Secretary-General of the Palestinian Islamic Jihad movement Ziad al-Nakhalah, Xinhua news agency reported quoting a statement by Khamenei’s website.
As “global public opinion is now in favour of Palestine,” no plan will succeed without the consent of the resistance and people of Gaza, he said.
For his part, al-Nakhalah thanked Iran’s constant support for the resistance in Gaza, which he said managed to achieve “great victories” over the United States and the West despite the unequal balance of power.
US President Donald Trump proposed recently to transfer Gaza’s Palestinian population to neighboring countries, stating that Gazans who left will not be allowed to return.
The proposal, strongly supported by Israeli Prime Minister Benjamin Netanyahu, has met continuous regional and international outcry.
Earlier on February 10, Israeli Prime Minister Benjamin Netanyahu said that Israel is discussing US President Donald Trump’s “revolutionary, creative vision” on the Gaza Strip, the one that Trump is “very determined to implement.”
Trump’s plan “opens up many possibilities for us,” Netanyahu told a cabinet meeting after his return from Washington to Israel, according to a statement released by Netanyahu’s office.
“For an entire year, we have been told that the ‘day after’ (in Gaza) must involve the PLO (the Palestine Liberation Organization), the Palestinian Authority … President Trump has presented a completely different vision, one that is much better for the State of Israel,” Netanyahu said.
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