Citi Financial News

By Andrew MacAskill

By Xie Yu, Kevin Huang and Li Gu

Pakistan Caretaker Prime Minister Anwarul-Haq-Kakar called the matter of inflated electricity bills, which have led to the countrywide protests, a «non-issue», Dawn News reported on Saturday.Kakar also said it was raised by some political parties and was a «tool» in their election campaigns. «It is not a very serious issue, but political parties are in election mode and using it as a social cause,» the interim prime minister told senior journalists and news anchors on Friday. «I realise their position. If I were to contest the election, I would have followed the same as well,» he added. As per the Dawn News, the caretaker PM also claimed that the security forces are not using a single unit of free electricity and are paying their bills with the allocated financial budget. He added that the Wapda employees were using free electricity units and their usage would be rationalised, especially for higher-grade officers, some of whom are getting huge amounts of free electricity. More people are joining the nationwide protest every day against excessive electricity prices.

©️ 2023, The Economist Newspaper Limited. All rights reserved. From The Economist, published under licence. The original content can be found on www.economist.com

Waste management has emerged as a major problem, especially in cities with high urbanisation and industrialisation. Waste collection, transport, treatment, and disposal pose serious environmental and public health challenges.

Typhoon Saola made landfall in southern China before dawn Saturday after nearly 900,000 people were moved to safety and most of Hong Kong and other parts of coastal southern China suspended business, transport and classes. Guangdong province's meteorological bureau said the powerful storm churned into an outlying district of the city of Zhuhai, just south of Hong Kong at 3:30 a.m.

G20 leaders and their spouses, who will be treated to Southeast Asian, Arab and East Asian cuisines, along with fare from various Indian states, during their stay in New Delhi for the summit on September 8-10. The city is being spruced up for the first such international event in a decade or so, showcasing all that India has to offer under the theme of Atithi Devo Bhava. Educational institutes and offices will be closed, and traffic will be restricted so 'carcades' of the various delegations pass through smoothly. Delhi is holding a dress rehearsal for the event over the weekend.

Google Doodle is celebrating Vietnam's 78th National Day with a special illustration. Vietnam's National Day marks 78 years since the historic moment when thousands of people gathered in Ba Đình Square to hear the Declaration of Independence read by the country's first president, Ho Chi Minh. In a statement on the occasion, the search giant noted, “Today’s Doodle celebrates Vietnam’s National Day.

G20 summit. On Saturday, the timings of the rehearsal will be from 8.30 am to 12 pm, from 4.30 pm to 6 pm and 7 pm to 11 pm, the advisory said.

police body camera footage has shed light on a tragic incident in a Columbus, Ohio suburb, where a Blendon Township police officer fired at a pregnant woman's car. Ta'kiya Young, 21 years old and pregnant at the time, was later pronounced dead. The incident unfolded following accusations of shoplifting at a local grocery store, and the bodycam footage provides critical insights into the events leading up to the tragic shooting.

Asheboro High School in Randolph County was met with a serious security scare on Friday when a bomb threat was reported. However, swift action by law enforcement agencies ensured the safety of the students and staff. This article provides an account of the incident and the subsequent actions taken to ensure the security of the school.

Each month Tina Marie Porter pays about $1,000 out of pocket for Mounjaro. To make up for the extra monthly expense, the 49-year-old director of operations takes on more assignments and seeks odd jobs. Porter belongs to a growing population of people taking extra measures to cover the full or almost-full price of popular drugs used for weight loss, after their insurance denied them coverage.

airport. The Boston Marathon-Red Sox Double “Patriots’ Day" honors American revolution battles—and also whatever genius came up with the idea of an 11 a.m. ET Red Sox game leading into the homestretch of the grandest event in U.S.

NEW DELHI : Average room rates for premier New Delhi hotels are set to triple next week, reaching a range of ₹18,000- ₹25,000, amid heightened demand driven by the arrival of thousands of delegates from 20 nations for the G20 summit across 9 and 10 September. The average daily rate (ADR), a key metric used by hoteliers to measure room revenue, from 7-11 September surged to ₹26,000, a more than fourfold increase from the average ₹6,000 in the past year, according to RateGain Travel Technologies’ Adara division data. ADR includes room rates, food and beverage, and other services availed of by customers, but it only counts the occupied rooms in a hotel, not the empty ones.

NEW DELHI : The ministry of petroleum and natural gas has raised the price of natural gas for September to $8.60 per mmBtu (metric million British thermal unit), up from $7.85 in August. However, the price for gas from ONGC’s and OIL’s nomination gas fields is unchanged capped at $6.5 per mmBtu . “The price of domestic natural gas for the 1 -30 September period is notified at $8.60 per mmBtu on gross calorific value basis," according to the notification dated 31 August.

AIIMS, RML, Safdarjung hospitals closer to the venue are being prepared to meet any kind of health exigency. VIP wards, ICUs and more than 50 ambulances have been placed near the venue and around the hospitals for medical purposes.

Silicon Valley investors behind a secretive $800 million land-buying spree got off to a rocky start with the voters they need to build a green new city in Northern California

The entire Bolshoi Ussursky Island in Russia's Amur region has been displayed as Chinese territory in the new map and this could be a cause of tensions between Moscow and Beijing. The island is situated at the confluence of Amur and Ussuri rivers and located close to the Russian city of Khabarovsk making it strategically important, according to experts on Sino-Russian ties. While Russia ceded part of the island to China in 2004 under the border pact, China has a centuries-old grievance from the 19th century when it was forced to cede the territory to Tsarist Russia under two treaties of 1858 and 1860. But the cracks appearing in the Sino-Russian ties are not new.

Delhi hosts the two-day G20 summit. Much preparation has been underway to spruce the city up. This includes many of Delhi's historical monuments undergoing 'facelifts'.

Executives with one of the largest wind and solar energy development companies in the world are gathering with federal officials on the dusty plains of New Mexico to mark the groundbreaking of what will be the largest renewable energy infrastructure pr...

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has asked the people not to use the word "India" and instead use «Bharat». Bhagwat arrived for a three-day visit to Guwahati on Friday. Speaking at a function in Guwahati he said, “ We must stop using the word India and start using Bharat. At times we use India to make those who speak English understand.