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Economic Crisis In Pakistan

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  Economic crisis in Pakistan is now all time high in its history. There is high risk of Pakistan’s economy to get default, inflation rate to rise by 41% from next week, petrol selling at PKR 249.50/liter, utility stores stocked out all the cheap grocery items, State Bank running out of dollars to pay for the essential imports. Which is a huge red flag for a country which is not independent in producing any basic need product on its own. Following the tradition, current government have found the only way to come out of this financial crisis is to again redeem a bailout package from IMF. When the country already holding the debt of staggering 274 billion USD, which makes about 97% of country’s total GDP. As I mentioned in my previous blog that Japan holds the debt of about 140% of its GDP. Then the question is why Japan is not facing the same situation as of Pakistan? Well, the answer is simple as I’ve discussed few aspects of Japan’s strategy of how they deal with their debts alrea
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Japan's Debt A Short Briefing Blog

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By time, we've seen several countries going default due to very high debts which ranges from Billions to Trillions of dollars. Like Sri Lanka, the most recent country to declare itself a default nation because they admitted that they're now unable to pay their debts of more than 50 billion USD.  But we've seen these huge unbelievable figures of debts in some developed nations also like USA and China but their % is relatively low as compared to their GDPs. Meanwhile Japan holds 8,466.7 billion USD which is about 226% of Japanese GDP, in debt as per the Google last updated in Oct 2022. this huge debt has several reasons of its existence like; *   The country first faced economical setback in 1990 which was followed by constant GDP downfall that lasted for a decade.  *  Another economic collapse in 2008, and Tohoko/Fukushima disasters greatly impacted Japan's GDP which ultimately led to higher debts. * Then Covid trauma equally affected Japanese financial situation lik
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Urge For Nuclear Supremacy

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  In the final quarters of last year, Russian President Putin gave clear warning that if USA didn't back out on supplying heavy weaponry aid to Ukraine than he will not going to think twice before using nukes. And that statement made President Biden go furious he too replied by saying if this happens USA is going to defend every inch of land in Europe. Now everybody knows that Putin's mindset is not restricted to just warnings, we saw that on the matter of attacking Ukraine like when he first issued warning about war nobody thought that its actually gonna happen, and so is the situation now, he has already installed Nuclear fittings on the border of Sweden and Finland. If we talk about the statement of Biden, real thing is that if a nuclear war really happens then there will not be an "inch" remaining to defend there in Europe. Because practically even if Russia is going to use minor nuclear bomb, that too will immediately kill 100 Million lives on that specific piece
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Rampant Population On The Verge Of Destruction

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It has been said in the annual report o United Nations o the account of World Population Day that total number of planet Earth's population will be hitting 8 Billion mark in next few days. It has been calculated in he report that by 2030 these figures will each 8.5 billion, which means there would be the addition of 500 million in next 8 years. By 2050, 9.7 billion will be living in this planet and 10.4 billon by 2100. It took 12 years to reach 8 billion from 7 billion marks and it is said that next billion will be coming in 2037. In 2022, the two most populated countries of the world are located in continent Asia, with the population of 1426 million China is the most populated country of the world, while India on second with numbers of 1412 million. Unite Nations have predicted that by 2050 half of the world's population will be living in just8 countries. these includes China, India, Pakistan, Congo, Egypt, Ethiopia, Nigeria, Philippines and Tanzania. On the other hand as per
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Unipolar Era, Now A Part Of History

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  Russian president Vladimir Putin says that upcoming decade will be going to be the most dangerous one  after World War II and we can't say anything about it, we are standing on the historical verge, He blames west that they want to rule the world but he further adds that now the long lasting unipolar impact of the west on world matters is finally going to end.  Whereas US warns Russia that is Moscow plans to target American trade satellites than US will retaliate harshly. Representative of American Security Council John Kirby says that we will retaliate with full potential on any attack on our infrastructure. Meanwhile Russia warns US and Europe that if they try to get involved in Ukraine War than they will destroy their trade satellites present in space, Russia says that US and allies wants to use space. According to the details,in an annual summit of Valdai Discussion Club Putin expresses his views that a nig change can happen as per the current scenario. Ukraine war is just a
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101 Out Of 198 Nations Are In Total Chaos

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An international consulting and intelligence company claims that after analyzing ongoing situation and circumstances around the globe, that more than half of total countries in the world are deeply threaten by chaos, terror and restlessness. In their report company says that in upcoming time we will be seeing huge increase in instability of nations due to inflation, wars and shortage of basic necessities of life. A British company named Verisk Maplecroft tried to analyze the risk of chaos and restlessness in 101 out of 198 countries of the world and after observing civil unrest index states that the situation of the world will be more tensed in next 6 months. As per the report, if we see threats, then we can observe that it raised to the highest level in 1st and 2nd quarter of this year, only 42 countries have seen the decrease in this graph during this time period, even though during the first half of 2022, many high profile and huge incidents happened but we may see more worst situat
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France Compelled To Take Loans For Budget 2023

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A developed and advanced country like France is now also compelled to take heavy loan to tackle with power crisis in the budget 2023. Meanwhile government have also increased the salaries of teachers, judges and government employees. French Government had announced on Monday, that we are gonna take record loan of 270 Billion Euros in the upcoming budget that includes energy price caps which are expected to rise in following winters. French finance minister Bruno Le Maire says that this is neither a restricting budget nor it is easy. It's a very responsible and protective budget in a highly uncertain situation. After the Russian attack on Ukraine, power prices have been unconditionally increased and authorities are now focusing more on "Autonomy" in energy producing to avoid any consequences in the case if these crisis gets more worse. Government is confident that by January, the increase in gas and power prices will be limited to just 15%, for which 45 billion euros are e
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Cold War Ended

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  If someone has to given the credit of ending cold war, than it should be one other than former Russian president Mikhail Gorbachev, who recently died at the age of 91. If we say that cold war was ended in a peaceful way than it's credit should also be given to Gorbachev, because the kind of nuclear weapons Soviet Union and the Europe had, it would be enough to destroy the world. And it's also not object that the powers that raised after this cold war, put an end to the super power like Soviet Union. Soviet Union was the power to stand on the communist ideology. Gorbachev held power in 1985 and Soviet Union was divided in 1991. His agenda was based on just two points "Amendments in the system and Complete independence in Soviet Union", but this agenda was to restore Soviet Union, not to destroy it. Remember that, he was the youngest from communist party who reached this post. Soviet Union was called as an Iron Curtain in the west. First Afghan war started few years b
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Shi Jinping Urges SCO Countries To Stand Against Foreign Conspirical Revolution

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  In SCO Summit 2022, Chinese president Shi Jinping says that the world has entered in a new era of disputes so we must stop foreign powers to provoke Russian president and middle east leaders towards "Conspiracal Revolution". As per the international media, Chinese president who participated in a SCO Summit outside of China for the first time since 2020, states that either member countries should help each other or they should they should try to put a full stop on foreign intervention, he further adds that world has entered in a new era of disputes, we should understand the demand of time, we should promote unity and cooperation, and we should promote the building of a strong united community in the form Shanghai Cooperation Organization (SCO). Russian president Vladimir Putin states that while talking to the Indian PM Modi that they know about the concerns of India related Russia-Ukraine war and they also want to finish the war as soon as possible. "I know about your p
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European Power Crisis Getting Severe

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Due to the Russia-Ukraine war, power crisis in Ukraine is getting severe day by day, astonishing increment in the household power bills have reminded the 1970 power crisis. Gas prices have been increased by 12 times. European Union is thinking seriously of intervening in energy market. Countries of EU have spent about 280 billion euros to save their people from power expenditure. As per the US paper Fortune, Goldman Sachs warns that during this increasing power crisis the local household power bills may reaches to 2 Trillion dollars. Some restaurants and coffee shops have already seen the 3 times rise in power bills this year. This power crisis of Europe would going to be more deeper than the 1970 oil crisis. According to the Goldman Sachs, by 2023 average european house would be spending 500 euros monthly on their power expenses and this is 3x more than the expense in 2021. This would be the scene when Russia is going to reduce the gas supply but if they cut it to zero then the monthl
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America Releases Seized Afghani Assets

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  America has established a new fund with the collaboration of Switzerland and Afghan economists which will be used for economic stability in Afghanistan. Those billion dollars will be transferred in this fund which is owned by Afghanistan but was freezed by US when Taliban came into power last year. According to the American officials, 3.5 Billion Dollars worth of assets are set to be transferred in this Swiss fund. As you know last year in August, when Talibans de-throwned Ashraf Ghani to take over Afghanistan they've been in severe economic crisis ever since. The situation went so bad that Taliban officials demands US government several times to release their assets which was conserved by US. They also did table talks with the concern authorities multiple times on this matter. Pakistan kept on supporting Afghanistan throughout their tough time since August 2021.                                                                                                                       
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Secret Letter Of The Deceased Queen Which Cannot Be Opened Until

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A letter written by deceased British Queen has been kept hidden in Australia which cannot be read until next 63 years. Queen Elizabeth II wrote this letter during her visit to Sydney in 1986, which means 36 years has been passed. She wrote this letter for the people of Sydney which has kept hidden in the famous Queen Victoria building. Nobody knows what is in the letter, because it's clearly written on the envelope of the letter that when to open it. It is written with the signature of  Queen Elizabeth that open this letter on some suitable day in 2086 and convey my message to the people of Sydney. This envelope is kept in a glass case. Remember that owner of British crown is also the supreme leader of Australia and Late Queen Elizabeth II visited Australia 16 times during her regime.                                                                                                                                        (translated)
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SCO Leaders Conference Will Put Forward The Substitute Of Western Power

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  Russian president Vladimir Putin, Chinese president Shi Jinping and other Asian leaders are going to participate in the SCO meeting in ongoing week, Russian president office states that this meeting of SCO will put forward the substitute of West. As per the details presidents of Russia and China, and the leaders of Turley, Iran, India and Pakistan along with several other countries are going to participate in the SCO conference which is on Thursday and Friday. Chancellor of Russian president for foreign policies Yuri Ushakov tells the journalists in Moscow that SCO is the real substitute Western extremist organizations. He states that on the sight of geo-political changes happening on huge scale that all the countries of SCO are united for the same world order. SCO is one of the biggest organizations in the world which includes almost half of the countries of our planet.                                                                                                                  
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French Court Proceeds On Charlie Hebdo Case

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  French court has started trials in the appeal of 2 two accused in the case of Charlie Hepdo attack. As per the international media, A court in Paris is listening the appeal of two accused who were arrested in the suspicion of aiding armed men who raided Charlie Hepdo office and a Jewish supermarket in Jan 2015. That incident was the start of terrorist attacks which shook the French nation in recent years.  On 7 Jan 2015, two terrorists forcefully entered in the building of Charlie Hepdo Paper and killed 12 locals and 11 were left injured. They were carrying rifles and other weapons. And on 9 Jan 2015, an armed man raided Hypercracher kosher supermarket and murdered 4 jewish people there, he also held 15 people hostages in his siege which was ended when police entered into the market and shot him. Al-Qaeda took the responsibility of both the attacks later .                                                                                                                                 
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7.6 Scale Earthquake In Papa New Guinea

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  Earthquake of 7.6 scale has shaken the country Papa New Guinea, buildings are destroyed, houses are succumbed due to land sliding. at least 5 deaths are reported in the country and several heavy injuries are reported. Residents of the north towns located nearer to the center of Earthquake, informed about the severe shocks of Earthquake at morning time, from which huge cracks showed up on the roads and roofs of the buildings were blown away. Local parliamentarian said that, at least 2 deaths have been reported in far away mountainy areas and 4 injured are shifted to the hospital through helicopter. He further added that, there has been huge loss there, due to land sliding many houses are succumbed off and many people are forced to live in open areas there.                                                                                                                                                 (translated)
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Post-Covid Revolutionary Decisions

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Today, it looks like no country is satisfied with their situation. Locals of rich  nations are remembering the good old days which they saw at the beginning of this millennium when developing countries were counting them in developed world. Although poor countries were not included in any good but still their people were hopeful that one day their situation will change too. Meanwhile, all these dreams are crushed by corona and Ukraine war and hyper inflation caused by these. But only those people think like this who have their specific point of view of seeing this world. But in real, many factors are involved in pushing the world in these deep crisis which didn't arrive all of a sudden for sure, but it took them at least 80 years to create an impact that much huge. Its not only the price of fast pacing world but its also the price of using cheap resources of power, and its not due to a particular country or nation, but each and every resident of this world is responsible. In these
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Pentagon Stops Purchasing F 35 Aircrafts due to

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  Pentagon stops purchasing F 35 Aircrafts because of Chinese part installed in it. As per the international media, all the F 35 jets provided by aircraft manufacturing company to the US pentagon has a part installed in them which is from China. Organization responsible for monitoring fighter jets of US army states that, this is illegal not only according to US law but its also against the code of conduct of Pentagon. This part is actually a magnet which is use to increase jet's speed and to provide it power. Honeywell Internationals is developing this device and they are providing it to Aircraft manufacturing firm Lock Heed. This device has been used in aircraft structure since 2003. Pentagon announces to put ban on fresh delivery of new F 35 aircrafts for themselves to make sure that Chinese device is no longer being used in it and they're strictly following the regulations. After the issuance of this statement; Honeywell replies that we are in contact with Pentagon and Lock
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