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Port logjam hurts Pakistan goal to curb surging inflation

Port logjam hurts Pakistan goal to curb surging inflation
Business
January 7, 2021
KARACHI: Pakistan’s move to import food items to tame Asia’s fastest inflation has an unintended casualty cement exports, Bloomberg reported on Wednesday.
Vessels bringing in food grains and sugar are crowding out dry bulk carriers meant for exporting cement from the nation’s two biggest ports in the southern Karachi city. The result: Pakistan’s cement exports declined 18 percent to 633,431 tons last month, steeper than the 5 percent drop seen in November, amid non availability of berths to load the goods. Prime Minister Imran Khan is under immense political pressure to put a lid on inflation, which at 8 percent in December was the highest among Asian economies tracked by Bloomberg. His government is now aggressively importing essentials like wheat, sugar and canola to curb prices, which the International Monetary Fund sees increasing further to 8.8 percent in the year en ....

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Expert reveals when you should buy Bitcoin

Expert reveals when you should buy Bitcoin
5 Jan, 2021 11:56 PM
5 minutes to read
Bitcoin remains volatile in the current market conditions. Photo / Getty Images
news.com.au
By: Kathy Skantzos
After surging past AU$42,000 (NZ$45,000) per coin for the first time in history, Bitcoin has started to pull back.
Will the world s most popular cryptocurrency plummet like it did in the past or continue to rally at high levels?
Australian market analyst Kyle Rodda has been watching closely at its activity.
Last night s price action showed how wild trading Bitcoin can be in the short-term, he said. It shed as much as around 17 per cent yesterday after coming close to that US$35,000 (AU$48,690) level, before bouncing back late in US trade once again. ....

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Covid 19 coronavirus: UK in 'eye of the storm' as new cases surge past 50,000 a day

The UK is again on track to overtake Italy as Europe's worst-hit country in the pandemic. ....

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MSNBC Up With David Gura November 16, 2019 14:42:00

Jake, let me start with you. this is a reaction to joe biden being a front-runner or it s a reaction to their dissatisfaction with senator warren or sanders. deval patrick has not registered yet. i imagine, i don t know, you might know better, he s in the 10, 20 pretty low. i still don t know who he is. if deval patrick sounds like a fund manager. if deval patrick had gotten in eight months ago, he d have a compelling story. what s changed? joe biden has gotten a weakened status. you ve seen the surging of the left, and i think there is a theory among the democratic kind of gray beards and head scratchers as there always are. philippe could make mention of that. he s making fun of your ....

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MSNBC MTP Daily October 11, 2019 21:41:00

People. what you re saying is had this been any other major candidate, probably would have driven them if joe biden had a heart attack, it would be over. i wonder, carol, if this reinforces the notion that there s just a big chunk of the establishment doesn t believe he will be the nominee, so there isn t that kind of pressure on him. i think brendan makes a point, you don t want to alienate his his voters have to go to somewhere, somebody. so there s reluctance to try to alienate those folks. i m curious what happens with elizabeth warren. there s been all of this talk about will anybody try to she s surging, will anybody make shots at her, do anything to try to go after her. i m curious i have seen candidates not named biden and bernie may condemn plate doing that, they have nothing to lose. mayor pete has been taking slight pot shots. i think another important thing to remember when talking about ....

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