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48 Hours

Local bodies system to be finalised within 48 hours, says PM

ISLAMABAD: Prime Minister Imran Khan on Sunday said the local bodies system would be finalised within 48 hours to devolve power at grassroots level, ARY News reported. "The real change will take place when people are empowered by devolving powers at grassroots level," he said while chairing a Punjab cabinet meeting in Lahore. He asked members of the Punjab cabinet to propose out of the box solution of problems. He said the ministers should work seven days a week as there was no off-day for them. The prime minister…

Bitcoin slides by over $1,000 in less than 48 hours

LONDON: Bitcoin dropped below $7,000 on Friday to trade more than $1,000 down from an all-time high hit on Wednesday, as some traders dumped it for a clone called Bitcoin Cash, sending its value up around a third. Bitcoin has been on a tear in recent months, with a vertiginous sevenfold increase in value since the start of the year that has led to many warnings the bitcoin market - now worth well over $100 billion - has become a bubble that is about to burst. It reached a record high of $7,888 around 1800 GMT on…