finance
Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.
Gold Prices in Pakistan Today: Historic Highs and Market Dynamics. AI-Generated.
Gold prices in Pakistan have climbed to unprecedented levels, with the price per tola of 24-karat gold reaching a new historic high. On Wednesday, the local gold market recorded one of its biggest single-day increases, with the per tola rate jumping significantly over the previous session. According to industry sources and Pakistan’s principal bullion associations, gold per tola was trading at Rs 551,662, while 10-gram gold was quoted at Rs 472,961 — both figures marking a notable surge amid ongoing economic uncertainty. �
By Ayesha Lashariabout a month ago in The Swamp
Access Denied: Why Muslims Worldwide Are Being ‘Debanked’. AI-Generated.
For millions of Muslims around the world, access to traditional banking services has become increasingly complicated. Reports indicate a growing phenomenon known as “debanking”, where individuals and businesses are denied access to bank accounts, loans, and other financial services, often without clear explanations.
By Aarif Lashariabout a month ago in The Swamp
Bitcoin Remains Subdued as Gold Races to New Record Above $5,400 Following Jerome Powell Remarks. AI-Generated.
The keyword “Bitcoin remains subdued as gold races to new record above $5,400 following Jerome Powell remarks” captures a striking moment in global financial markets. As investors react to comments from Federal Reserve Chair Jerome Powell, traditional safe-haven assets like gold are surging to historic highs, while Bitcoin—often described as “digital gold”—has failed to keep pace.
By Aarif Lashariabout a month ago in The Swamp
IMF Prepares for Global Run on the US Dollar. AI-Generated.
The International Monetary Fund (IMF) is reportedly preparing for a potential global run on the US dollar, a scenario that could have profound implications for international finance, trade, and economic stability. While the dollar has long been the world’s primary reserve currency, rising geopolitical tensions, monetary policy shifts, and trade imbalances have raised concerns about its resilience.
By Aarif Lashariabout a month ago in The Swamp
Amazon Reveals Fresh Round of Global Job Cuts in Email Sent in Error to Workers. AI-Generated.
Amazon has revealed a fresh round of global job cuts after an internal email was accidentally sent to some employees, highlighting ongoing restructuring efforts and prompting widespread concern. The email, which was reportedly sent in error, indicated that the company would be reducing staff in multiple regions, although precise numbers and affected departments have not yet been confirmed.
By Aarif Lashariabout a month ago in The Swamp
Euston HS2 Back on Track, Say Ministers as Final Tunnelling Begins. AI-Generated.
The long-delayed HS2 rail project at London’s Euston station has reached a critical turning point, according to UK ministers, as final tunnelling work officially begins. After years of political debate, cost overruns, and public skepticism, the announcement marks a significant milestone in one of Britain’s most ambitious infrastructure projects.
By Aarif Lashariabout a month ago in The Swamp
Gold Extends Rally to Seven Days as Trade War and FX Fears Roil Global Markets. AI-Generated.
Gold prices have extended their rally for a seventh consecutive day, reflecting growing anxiety across global financial markets. Heightened trade war tensions, combined with foreign exchange (FX) volatility and fears of economic slowdown, have pushed investors toward safe-haven assets, with gold emerging as one of the primary beneficiaries.
By Aarif Lashariabout a month ago in The Swamp
Vets May Be Required to Publish Prices for Common Pet Treatments. AI-Generated.
Veterinary practices across the UK may soon be required to publish prices for common pet treatments, following growing concerns over affordability, transparency, and competition within the industry. The move comes amid rising frustration from pet owners who say they are often left in the dark about costs until after treatment has begun.
By Ayesha Lashariabout a month ago in The Swamp
