Pakistan poverty explodes, inequality at 27-year high as economic crisis deepens
Pakistan s poverty has surged to an 11 year high of 29%, with 70 million people now in extreme poverty. Income inequality has also reached a 27 year peak of 32. These increases are attributed to IMF stabilization policies, natural disasters, and weak growth, leading to a 12% fall in real household income over seven years
Pakistan s poverty has surged to an 11 year high of 29%, with 70 million people now in extreme poverty. Income inequality has also reached a 27 year peak of 32. These increases are attributed to IMF stabilization policies, natural disasters, and weak growth, leading to a 12% fall in real household income over seven years
Tags
Related Posts
Strait of Hormuz: How Trump gave Iran a weapon deadlier than any nuke
A recent conflict has shifted control of the vital Strait of Hormuz. Iran may now charge transit fees for ships passing through. This follows a US Iran ceasefire agreement. The situation signals a significant change in regional maritime control. Global oil trade routes are impacted by these developments
US desperate for ceasefire? Trump forced Pakistan to broker temporary truce with Iran
For weeks, the Trump administration relied on Pakistan to act as an intermediary, urging it to persuade Iran to agree to a pause in hostilities that would allow the reopening of the Strait of Hormuz. Islamabad s role as a Muslim majority neighbour was seen as key to making the proposal acceptable to Tehran. Back channel diplomacy spearheaded by Pakistan s army chief Asim Munir culminated late Tuesday with the US, Iran and Israel announcing a two week ceasefire
Anthropic CEO says AI will take your job;but his own company find enough people to work
Anthropic CEO Dario Amodei is warning that AI could eliminate more than 50% of entry level white collar jobs within five years. But inside his own company, the picture looks different. Claude Code creator Boris Cherny says the software engineer job title is already dying — and Anthropic s Head of Growth says they can t hire enough PMs to keep up. The disruption isn t coming