Headlines
  • Iran claimed that since the war with the US and Israel started on February 28, over 3,400 people had died.
  • On Saturday night, the Islamic Revolutionary Guard Corps (IRGC) of Iran threatened to strike any ship that approached the Strait of Hormuz.
  • India's Ministry of External Affairs called the Iranian ambassador to India to discuss the "serious incident" involving two Indian-flagged ships that were fired upon on Saturday in the Strait of Hormuz.
  • Iran said that it is examining fresh U.S. proposals that were communicated through Pakistan's mediators, but it has not yet responded.
  • Hezbollah leader Naim Qassem vowed on Saturday that his fighters would retaliate against Israeli attacks on Lebanon and stated that the current 10-day ceasefire with Israel cannot be one-sided.

Tag: Hyper Inflation

February 1, 2023

High Inflation Effects Common People and...

According to Pakistan media reports, the price of consumables has climbed by 20 to 31%, and Pakistan’s poverty rate has increased by 35.7%.The cost of basic necessities is once more burning a large hole in the Pakistani average person’s pocket.

July 18, 2019

Zimbabwe’s Foreign Currency Ban Spurs Demand...

Zimbabwe’s ban on foreign currency, and the nation’s record inflation, has spurred demand for cryptocurrencies like bitcoin to try to preserve wealth. Zimbabwean authorities last year banned banks from processing bitcoin and is warning that cryptocurrencies are open to hacking

January 29, 2019

Presidential Standoff May Worsen Venezuelans’ Misery

the Trump administration’s confrontational approach is adopted by the European Union, some of whose members have threatened to recognize Guaido if Maduro doesn’t announce new elections in eight days, it could bring oil production to a standstill, heaping more hardships on the 29 million Venezuelans already struggling with hyperinflation, widespread food shortages and anemic economic activity

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