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Showing posts with the label TopStories

In relief for Pakistan, South Korea defers loan worth millions

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[ad_1] The government of Pakistan signs agreement with the Republic of Korea under the G-20 Debt Service Suspension Initiative on May 15, 2023 in Islamabad. — PID The Republic of Korea on Monday differed Pakistan’s loan worth $19.911 million on Monday, under the G-20 Debt Service Suspension Initiative (DSSI) framework as Islamabad battles a worsening economic crisis. According to the details, the cash-strapped country inked a Debt Service Suspension Agreement with Korea today. This amount, initially had to be repaid between July and December 2021, will now be repaid over a period of six years (including one-year grace period) in semi-annual installments, said a press release issued by the Economic Affairs Division (EAD). Due to the support extended by the development partners of Pakistan, the G-20 DSSI has provided the fiscal space which was necessary to deal with urgent health and economic needs of the country. The total amount of debt, that is to be suspended under the D...

World food price index hits two-year low in June

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[ad_1] A vendor is displaying vegetable attractions for customers for selling purposes at his workplace in Islamabad. — Online/AFP For the first time in more than two years, the world food price index fell in June to its lowest level, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products, according to the Food and Agriculture Organisation (FAO), a Rome-based UN agency. The price index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 122.3 points in June, down 1.4% from May and 23.4% from its peak in March 2022, according to the UN agency. As per the details, Cereal Price Index declined 2.1% from May. International coarse grain quotations in June decreased by 3.4%, driven mostly by increased maize supplies from ongoing harvests in Argentina and Brazil and improved output prospects in key producing areas of the United States of America, APP reported. International wheat prices dropped by ...

Coca-Cola To Launch Smartphone In India; Details Inside

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[ad_1] Coca-Cola needs no introduction. The brand has been ruling the soda market for years with soft drinks and club sodas. In an attempt to expand the business, Coca-Cola is soon stepping into the world of technology. Reportedly, Coca-Cola is expected to introduce a smartphone in India. Popular tech influencer Mukul Sharma took to Twitter to make the announcement. He claimed that the corporation may release its phone in India by "this quarter", meaning, as early as March 2023. He further mentioned that the brand will collaborate with a smartphone company for the upcoming launch. Also Read:  Wait, What? Bizarre 'Coca-Cola' Salad Has Left Reddit Users Horrified "[Exclusive] Here's the all new #Cola Phone. Can confirm that the device is launching this quarter in India. Coca-Cola is collaborating with a smartphone brand for this new phone," the post read. Alongside, Mukul Sharma gave us a sneak peek into the future cell phone, with the Coca-Cola log...

Here’s everything Microsoft announced at its Surface and Copilot event in New York

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[ad_1] Microsoft Surface Laptop and Tablets Courtesy: Microsoft Microsoft on Thursday unveiled new Surface computers and shared details on the release of this year's version of Windows 11, including its embedded Copilot AI assistant, during an event in New York. The company introduced the Surface Laptop Studio 2 and the Surface Laptop Go 3, and unveiled enterprise availability for Microsoft 365 Copilot, its supplemental AI tool for core productivity apps like Word and Excel. Microsoft CEO Satya Nadella began the event by speaking about how the company's Copilot AI tools will make a broad impact across its user base for consumers and enterprises. "I mean, it's crazy," he said. "It's kind of like the 90s are back. It's exciting to be in a place where we're bringing some software innovation and really having fun enjoying this entire journey." Rivals such as Atlassian , Google and Salesforce have also been racing to update their existing...

Pakistan receives another $500 million from Chinese bank

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[ad_1] A man counts $100 notes. — AFP/File Pakistan has received $500 million from a Chinese bank as part of the $1.3 re-financing facility, Minister for Finance and Revenue Senator Ishaq Dar said Friday, as the nation grapples with one of its worst economic crises. The second critical disbursement from the Industrial and Commercial Bank of China (ICBC) came after Pakistan completed the necessary documentation . "State Bank of Pakistan has received today in its account from Chinese Bank ICBC US $ 500 million. It will shore up forex reserves of Pakistan. AlhamdoLilah!" the finance minister wrote on his Twitter handle. Earlier this month, the Chinese lender had approved a rollover of a $1.3 billion loan for Pakistan.  Following the announcement, the Chinese bank deposited $500 million — the first disbursement — on March 4 which helped the foreign exchange reserves surpass the $4 billion mark . The cash-strapped country has faced growing economic challenges, with ...

4 Reasons Why The Perfect Pizza+Cold Drink Combo Is Not-So-Perfect For Your Health

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[ad_1] Do you love cheesy, flavourful pizzas? Pizzas are usually made with a flour dough that is baked in an oven and topped with cheese and sauce. Apart from these basic toppings, one can add a variety of vegetarian toppings like capsicum, tomato, onions, olives, jalapeno, paprika, basil leaves, paneer, pineapples and non-vegetarian toppings like chicken, pepperoni, bacon, salami, ham, salmon and so on. You can also experiment with the crust -- thin crust , hand-tossed, cheese burst, deep dish, thick crust, stuffed crust and so on. Lastly, there is also a variety of sauces to choose from! Perhaps it is this versatility that makes pizza a popular, beloved dish. Now if you are eating a pizza, there are great chances you cannot finish that first slice or hop onto a second one, without sipping on a cold, fizzy beverage. Doesn't it feel perfect? Sorry to burst your bubble, but it isn't. While the pizza+cold drink combo may make your taste buds happy, it can be bad for your hea...

Surgeon general issues warning over social media's "profound risk" to youth mental health

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[ad_1] Surgeon general issues warning over social media's "profound risk" to youth mental health - CBS News Watch CBS News U.S. Surgeon General Dr. Vivek Murthy issued a warning on the "profound risk of harm" social media can have on the mental health of children and teens. He called for stronger guidelines for social media use among young people. Dr. Ariana Hoet, a pediatric psychologist at Nationwide Children's Hospital, joined CBS News to talk about the warning. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link https://worldnews2023.com/top-stories/surgeon-general-issues-warning-over-social-medias-profound-risk-...

Groundwater depletion rates in India may triple in coming decades, warns study - Times of India

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[ad_1] NEW DELHI: Farmers in India have adapted to warming temperatures by intensifying the withdrawal of groundwater used for irrigation. If the trend continues, the rate of groundwater loss could triple by 2080, further threatening India's food and water security, a new study led by an Indian-origin researcher has warned. Reduced water availability in India due to groundwater depletion and climate change could threaten the livelihoods of more than one-third of the country's 1.4 billion residents and has global implications, according to the study led by University of Michigan in the US. India is the second-largest global producer of common cereal grains including rice and wheat. "We find that farmers are already increasing irrigation use in response to warming temperatures, an adaptation strategy that has not been accounted for in previous projections of groundwater depletion in India," said senior author Meha Jain, assistant professor at the university...

Prince Harry recalls Princess Diana begged photographers to leave him

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[ad_1] Prince Harry recalls Princess Diana begged photographers to leave him Prince Harry shares traumatising incident when he was snapped alongside Princess Diana.  Writing in his memoir 'Spare', the Duke of Sussex notes how his mother was enraged after the photographers scared her sons. Harry begins: "I remembered going to tennis lessons in the car, Mummy driving, Willy and me in the back. Without warning she trod on the accelerator and we went rocketing ahead, up narrow streets, blasting through red lights, whipping around corners. Willy and I were strapped into our seats, so we couldn’t look out of the back window, but we had a sense of what was chasing us. Paps on motorbikes and mopeds. Are they going to kill us, Mummy? Are we going to die?" Harry then recalls: "Mummy, wearing big sunglasses, peering into the mirrors. After fifteen minutes and several near smashes Mummy slammed on the brakes, pulled over, jumped out and walked towards the paps: ...

Jeremy Renner in critical but stable condition after snowplowing accident

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[ad_1] Jeremy Renner  is in critical but stable condition after he suffered an accident while plowing snow on Sunday, a representative said. "We can confirm Jeremy is hospitalized in critical but stable condition with injuries suffered after experiencing a weather related accident while plowing snow earlier today,” the representative said. “His family is with him and he is receiving excellent care.” The spokesperson said in a later statement that Renner, 51, “suffered blunt chest trauma and orthopedic injuries” and underwent surgery. The actor was in intensive care Monday evening. The Washoe County Sheriff’s Office said it responded to a report of a traumatic injury in the area of Mt. Rose Highway in Reno, Nevada, at around 9 a.m. local time (12 p.m. ET) Sunday. It said Renner was the only person injured. Jeremy Renner, pictured at a premiere in Los Angeles in 2021, was injured Monday in a snowplowing accident, his management confirmed Sunday. Richard Shotwell / AP/File ...