(Not an economics student)
Was randomly compounding Pakistan's inflation numbers and they reflect the rise in dollar prices...
100=>282 as per compounded inflation
Saudi Arabia could run out of oil stocks for export within days if it cannot restart its major pipeline to the Red Sea, Reuters reports
Saudi Arabia has been using the pipeline to send 4 million barrels of oil per day to Yanbu, about 4% of global supply.
It seems most people (especially us consumers) do not realise how severe the current crises are.
Though i've been updating my close ones about recent developments around the globe of both natural and human-made crises, I thought of updating the community on this account aswell.
Latest developments suggest approximately 30% of the world oil market (100M barrel per day) is in severe crisis (30M barrel per day is either under threat/offline). These developments include the fires on saudi oil facilities, east-west pipeline and the closing of Bab-el-Mandeb.
๐จ ISLAMABAD TO BE LOCKED DOWN ๐จ
The ๐ต๐ฐ Government is preparing to impose a complete security lockdown across Islamabad ahead of PTIโs planned 27 September long march.
According my information, containers and heavy transport vehicles are being gathered to block major roads and seal internal and external entry routes into Islamabad.
Police, security agencies and armed personnel are also being mobilised, with a heavy deployment expected across Islamabad to prevent the march from reaching the capital.
The Government has further warned PTI that if it proceeds with the 27 September march, the consequences could be worse than the events of May 9.
If these preparations go ahead as reported, Islamabad could effectively be turned into a heavily fortified city before the march even begins.
Why do i get clusters of thoughts and ideas everytime i'm talking or thinking or even writing. Like bro think about one thing first... but the problem is that the other idea(s) are only relevant during the initial thought, baad mein chai thandi ho jati hai๐ซ
Information overload
Where can i learn about shariah compliance and how it is screened? This topic has been bothering me a lot lately since the whole world is technically breathing on interest. Though i do realise interest and riba are quite different, but inflation is not just monetary inflation.(1)
The only legitimate inflation is demand pull due to either rise in population or cost push due to low supply. (These are obviously not the reasons for 39% inflation in a country lmao) (2)