Threat of Russian Attack on Ukraine Looms Over Energy Markets – LNG Recap

The growing threat of a Russian invasion of Ukraine had the energy market on edge Monday, when oil and natural gas prices again moved higher. The standoff has also upended metals markets, weighed on equities and is creating additional inflationary pressures. The U.S. warned Friday that an attack could be imminent, sending commodity prices up. German Chancellor Olaf Scholz was…

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Imran for bringing masses into formal economy through digitization launch


Prime Minister Imran Khan has said that the country’s population can be turned into a real asset by bringing them into the formal economy through digitization, says TLTP.The prime minister said this while addressing the launching ceremony of Pakistan’s first instant person to person payment system ‘Raast’ on Tuesday.The prime minister said that Raast will facilitate the common man to…

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Govt increases petrol price by Rs12.03 a litre

The federal government has once again dropped “petrol bomb” on masses by increasing the prices of petroleum products by up to Rs12.03 per litre.With the latest hike, the prices of petroleum products have reached a historic high. New prices will be applicable from Tuesday midnight.The new fuel prices will remain applicable till February 28, read an official notification.According to the…

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Pakistan plans to set up body for effective debt management


SLAMABAD: The government is working to establish Debt Management Office (DMO) in the Ministry of Finance for effective planning and execution of related functions, WealthPK reported.According to a brief of the Ministry of Finance on a bill titled Fiscal Responsibility and Debt Limitation (Amendment) Act, 2021, a copy of which is available with INP-WealthPK, in order to strengthen the Debt…

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