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Karachi ranked 6th cheapest city in the world

Karachi has been ranked as the sixth cheapest city in the world, according to The Economist Intelligence Unit’s Worldwide Cost of Living report. The survey takes into account factors such as costs of housing, food, recreation, public transport, schools and other daily facilities to draw conclusions. The Worldwide Cost of Living report compares more than 400 individual prices across over 150 products and services. War-wracked Damascus, the troubled Venezuelan capital Caracas, Lagos in Nigeria and the Karachi in Pakistan…

Trump victory a major global risk: EIU

LONDON: The prospect of Donald Trump winning the US presidency represents a global threat on a par with jihadist militancy destabilising the world economy, according to British research group EIU.