New Global Concern
On Wednesday, the head of the International Monetary Fund (IMF), Kristalina Georgieva, expressed concerns about the Israel-Hamas conflict, citing its potential impact on the global economic outlook.
Speaking at the FII investment conference in Riyadh, Georgieva highlighted the increasing uncertainties in an already troubled world.
She emphasized the tragic loss of life and the broader implications of the conflict, including disruptions in education and the tourism sectors of neighboring countries like Egypt, Lebanon, and Jordan.
Commenting on the recent rise in interest rates, she advised the global community to prepare for a sustained period of increased rates, urging individuals and businesses to remain cautious and adapt to the evolving financial landscape.
In conclusion, Georgieva’s remarks at the FII investment conference shed light on the Israel-Hamas conflict as a new global concern, emphasizing the urgent need for preparedness and adaptability in the face of the evolving financial landscape. Her cautionary message serves as a call to action for stakeholders to navigate the ripple effects of this conflict with vigilance and resilience.
Legal Action Initiated: Lawyer Aitzaz Ahsan Appeals To SC Over ‘Enforced Disappearances’
Meanwhile,
On Wednesday, former senator and senior lawyer Aitzaz Ahsan filed a constitutional petition in the Supreme Court to challenge the illegal and unlawful practice of enforced disappearances.
The move coincided with the PTI’s complaints during a crackdown following the May 9 riots following the arrest of party chairman Imran Khan. Last month, anchorperson Imran Riaz Khan returned home after being missing for four months.
This month, four PTI-affiliated politicians, including Farrukh Habib, Usman Dar, Sadaqat Ali Abbasi, and Sheikh Rashid, reappeared and criticized the party’s policies.
