Trans fat is an acknowledged culprit. Any oil can become unstable and undergo hydrogenation when overheated and/or reused. This will result produce trans fat in oil.
Palm oil is preferred by restaurants and street vendors because it is cheap. Olive oil on the other hand is expensive.
There is no economically viable alternative to Palm oil for poor countries. Pakistan can invest to produce palm oil domestically, but that will also come with environmental...
Even the few 50+ Punjabi Pakistanis I know here are pro IK. The only place I've seen some Pakistanis (allegedly) from Canada who are not pro IK is in PDF. Not sure if they are from Punjab or elsewhere in Pakistan.
The SBP means to say that the immediate BoP crisis and the sharp PKR slide is temporary. SBP's statement is predicated with the assumption that IMF deal will go through before the EFF's expiry in October. When the IMF board approval is secured, other lenders will typically defer or restructure...
As per the SBP, the CAD has declined for the month of July. This was the primary intention behind cooling the economy. Pakistan's priority is to avoid a BoP crisis.
I hope Indian brands capture a significant domestic handset market share before the end of this decade. The manufacturing eco system brought by Foxconn and the likes will surely make it possible :cheers:
1) Pakistan has agreed to buy coal at $200 per ton while market rate is $386 per ton. Payment will be in PKR. The window is not closed at all.
2) EU can always give a different reason like minority rights to bump Pakistan from GDP+. Yes, EU can afford to be hypocritical when they feel like it...
If the government cannot print its own money, then it gradually will loose legitimacy. Power comes from either the gun or the ability to finance. :undecided:
After accounting for cost of transport and insurance, the discount on oil is speculated to be $10 per barrel for India. India uses oil tankers that belongs to state owned oil company for this purpose.
1) What was Imran's plan to arrange for transport of oil? Most private tankers don't deal with...
That is about $646 million to the exchequer in today's conversion rate. Pakistan is finally waking up to the world that rest of South Asians live in. Life is tough :close_tema:
This is what I've been saying as well. But I expect that PKR will be closer to 200. Problem right now is that IMF board should be convinced that Pakistan will not violate the terms of agreement with IMF again. General Bajwa has sought American support to do just that :cheers:
The $ value has appreciated against all currencies. No matter how you look at it, the increase in dollars - when dollar value itself is appreciating - cannot be cited as a reason for PKR depreciation.
Just because the cost of commodities have increased, it does not mean that more $ should be...