World news: World news and latest international updates – Economic Times

​Pakistan had unprecedented floods in July last year, devastating large swathes of farmlands. The forex reserves in the country which hit a new low of USD 4.6 billion would only be enough to pay for foreign import bills for three weeks. The analysts put Pakistan’s need for relief at USD 33 billion.
Last week, Lula told reporters that security force members were complicit in letting a mob of supporters of far-right former President Jair Bolsonaro storm the main buildings that form the seat of power in Brasilia. Diplomatic row between Guatemala, Colombia deepens over graft probes.
A Yeti Airlines plane crashed into the Seti river gorge near the city of Pokhara on Sunday when it was flying from Kathmandu to Pokhara with 72 people on board, Xinhua news agency reported. A total of 69 bodies had been recovered by Monday evening with the 69th found in the Seti river, and both black boxes of the ill-fated plane were retrieved on Monday.
The BBC appeared to be less amused, and issued a statement saying: “We apologize to any viewers offended during the live coverage of the football this evening.” A self-ascribed YouTube prankster, who calls himself “Jarvo,” tweeted that he was behind the stunt, and posted a video showing him calling the phone to activate the sounds.
Pacifying a generation faced with near-record youth unemployment and some of the slowest economic growth in nearly half a century presents a policymaking challenge for Xi, who is just beginning a precedent-breaking third term. Improving young people’s livelihoods without abandoning the country’s export-led growth model poses inherent conflicts for a government that prioritises social stability.
For any further continuation of Pakistan’s designation as a major non-NATO ally, the bill asks the US president to issue a certification that the country has shown progress in arresting and prosecuting Haqqani Network senior leaders and mid-level operatives and has taken steps to demonstrate its commitment to prevent the Haqqani Network from using any Pakistani territory as a safe haven.
Musk wasn’t there, though he says he was invited. Forum spokesman Yann Zopf knocked that down Tuesday, saying the last time the Tesla CEO got an invitation was “not this year and not recently – last time in 2015.”
“They were tasked to carry out some terror incident in Budgam district ahead of the Republic Day,” read the police statement on the incident. The police official said an AK-47 rifle and a pistol were recovered from the site. DGP Dilbag Singh said adequate security measures to ensure peaceful Republic Day celebrations have been made across the Union Territory.
“We had three wars with India and it only brought more misery, poverty and unemployment to the people,” Sharif said, adding: “My message to the Indian leadership and Prime Minister Narendra Modi is that let us sit down at the table and have serious and sincere talks to resolve our burning issues like Kashmir.” Sharif said the UAE could play an important role in facilitating the resumption of dialogue.
Makki has been listed as a terrorist by India and the US under their domestic laws. He has also played a role in raising funds for LeT’s operations. In 2020, a Pakistani anti-terrorism court convicted Makki on one count of terrorism financing and sentenced him to prison, according to the US State Department. Makki has been involved in raising funds, recruiting and radicalising youths for violence and planning attacks in India, particularly in J&K.
China ended its strict one-child policy — imposed in the 1980s owing to fears of overpopulation — in 2016 and began allowing couples to have three children in 2021. But that has failed to reverse the demographic decline for a country that has long relied on its vast workforce as a driver of economic growth.
The rainfalls followed by flash floods and aided by crumbling infrastructure and insufficient government response mechanisms wreaked havoc in Balochistan in 2022. As per the situation reports of the National Disaster Management Authority, as of November, 336 people died and 187 were injured in the aftermath of the floods in Balochistan, stated The News International report.
The World Trade Organization (WTO) and others have also been warning that deglobalisation would negatively impact the world, especially emerging economies.
Following the tragic plane crash incident at Pokhara Airport on January 15, the relatives of the deceased have been sent to Nepal for identification of the body on January 16. While talking to ANI, the father of one of the deceased, Rambaras Rajbhar said, “I am the father of Anil Rajbhar. We are being taken to the Nepal border to identify the body.” “Competent authority with Police is taking nine of us there. It will be verified by DNA test, after which government will send the body,” he added.
“More focus will be placed on expanding domestic demand, keeping supply chains stable, supporting the private sector, reforming the state-owned enterprises (SOEs), attracting foreign investment, and preventing economic and financial risks,” he said. If we work hard enough, we are confident that growth will most likely return to its normal trend, and the Chinese economy will see a significant improvement in 2023, he added.
Weeks-long anger against food shortage and runaway inflation has snowballed into massive anti-government demonstrations in Pakistan occupied Kashmir and illegally held Gilgit Baltistan. People from all walks of life in nearly all parts of the occupied regions blocked highways and burnt tyres to express their resentment against the government. Protesters said they were unable to make their ends meet owing to the government’s policy failures that had resulted in sharp rise in the wheat price.
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