More than 71 mn people internally displaced worldwide in 2022
- 11-May-2023
A “perfect storm” of overlapping crises forced tens of millions to flee within their own country last year, sending the number of internally displaced people to a record high, monitors said on Thursday. An unprecedented 71.1 million internally displaced people (IDPs) were registered in 2022 — up 20 percent from a year earlier — amid […]
UN confirms 2022 among eight hottest years on record
- 13-Jan-2023
The past eight years were the hottest since records began, the United Nations confirmed Thursday, despite the cooling influence of a drawn-out La Nina weather pattern. Last year, as the world faced a cascade of unprecedented natural disasters made more likely and deadly by climate change, the average global temperature was about 1.15 degrees Celsius […]
World, US stocks suffer 2022 losses
- 30-Dec-2022
World stocks were steady and U.S. stock index futures indicated a lower open on Wall Street on the last trading day of 2022, but equities are on course for a 20% drop over a year marred by high inflation and war in Europe. The dollar, a beneficiary of rising U.S. interest rates, was on track […]
Recapping 2022: for sense of what 2023 might look like
- 29-Dec-2022
The past is premise to the future, and thus what oncoming year 2023 might bring to us, is largely predicate on what it is inheriting from outgoing 2022, which started off terribly for Pakistan with some 21 lives being lost to Murree calamity. From Covid flat-lining globally to inflation spiking, from Russian invasion of Ukraine […]
YEAR 2022: The year of political and economic chaos for Pakistan
- 28-Dec-2022
Year 2022 has entered its last month with the game of thrones in Pakistan has entered a critical phase. Former prime minister Imran Khan had earlier announced to dissolve the provincial assemblies of Punjab and Khyber Pakhtunkhwa having PTI’s government by December 23 but the decision later put off amid new moves from political opponents. The […]
Final goodbye: Recalling notable personalities who died in 2022
- 27-Dec-2022
The outgoing year saw many great personalities – from politicians, actors, writers, religious scholars to TV personalities and sports legends – leaving this mortal world. As another year comes to a close, here is a look back at all the Pakistani stars and notable personalities we lost in 2022. Rasheed Naz Veteran film and TV […]
How 2022 shocked, rocked and rolled global markets
- 26-Dec-2022
Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has been perhaps the most turbulent year investors have ever seen, and for good reason. Tallying the final numbers is useful but doesn’t even come close to telling the whole story. […]
World economy faces more pain after a gloomy 2022
- 10-Dec-2022
2022 was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters. It was a “polycrisis” year, a term popularised by historian Adam Tooze. Get ready for more gloom in 2023. “The number of crises has increased since […]
Future of work: Back to the office
- 10-Dec-2022
Employers have been asking workers with increasing urgency this year to return to the office, while workers are demanding flexibility, creating a tussle that is yet to be resolved as 2022 draws to a close. Hybrid arrangements, where workers go into the office part of the week, have gained broad acceptance as a compromise. But […]
2022’s notable deaths from around the world
- 09-Dec-2022
From Queen Elizabeth II to the Soviet Union’s last leader Mikhail Gorbachev, here are some of 2022’s most notable deaths month-wise. – January 2022- 6: SIDNEY POITIER, 94, American movie star, the first black man to win an Oscar in 1964 13: JEAN-JACQUES BEINEIX, 75, French director of iconic 1980s film “Betty Blue” 15: NINO […]