News
Business Owners Blame the Government’s Economic Incompetence for Rising Inflation.
(VOR News) – Business owners in Pakistan have expressed heightened concerns regarding the mishandling of the economy in the face of rising inflation and tax burdens, according to the findings of a recent poll that was carried out by Gallup Pakistan.
The poll was conducted in Pakistan. Additionally, they have stated that the government of Prime Minister Shehbaz Sharif is incompetent in its management of Pakistan’s economy. The statement has been made by them.
A survey was conducted in the second quarter of 2024 with the participation of more than thirty districts. Participants in the survey represented a range of organizations, including small, medium, and large companies.
A significant drop in confidence was observed across all aspects of the Business Confidence Index, according to the results of the study. The researchers came to this conclusion.
The scores for the current situation in the business world, the outlook for the future of the business world, and the overall direction of the country all showed a decline of between four and ten percent.
This was noticed in relation to the business world.
In the course of the fiscal year 25 (FY25), a sizeable majority of respondents voiced their dissatisfaction with the fiscal policies that were put into effect by the government.
They pointed out that these policies were damaging to the interests of businesses. The rate of inflation that occurred in the month of June was 12.6%, and as a direct result of this, nearly forty percent of firms have listed inflation as their primary issue.
Consequently, as a consequence of this influence, the capacity of customers to make purchases has been considerably impacted.
In comparison to the administrations that came before it, the majority of Pakistan’s businesses, namely 54%, are of the opinion that the present government is less effective at managing the economy than the governments that came before it. This is the case when comparing the current government to the governments that came before it.
Gallup Pakistan’s executive director, Bilal Ijaz Gilani, emphasised that the ongoing political instability and the recent implementation of heavy taxation in both the federal and provincial budgets have had a significant impact on the sentiment of business owners all over the country. He said that this has had a significant impact on the sentiment of business owners.
Gilani says this affects business owners’ sentiment.
It has been brought to his attention that the difficulties that businesses are currently experiencing have been made even more difficult by regulatory measures and an increase in taxes.
The findings of the study also revealed that there has been a rise in the number of companies that have approached the government for assistance in addressing their problems regarding taxes. A significant number of people are dissatisfied with the economic measures that were implemented in the most recent budget, which is the reason for this.
Furthermore, there was a clear indication of concerns regarding the flaws of the infrastructure, as 61% of firms reported having regular power outages.
This was a clear indication of the problems that were being expressed. This was a glaring example of the magnitude of the issues that were being raised. The fact that there was a higher demand for electricity during the summer months made this scenario significantly more challenging than it would have been otherwise.
According to the findings of the study, business owners have a negative attitude on the future. The majority of respondents expressed pessimistic views towards the future, which is consistent with the findings of the study.
As a result of the fact that the net future business confidence score experienced a considerable decrease of 36% compared to the previous quarter, it is apparent that the business community is becoming increasingly sceptical. This is demonstrated by the fact that the score has experienced a major decline in recent times.
“Given the challenging economic environment, there is an urgent need for the government to pay attention to the concerns of businesses and take proactive steps to address their grievances,” Gilani stated during an interview with reporters. “This is a pressing need.”
SOURCE: PPN
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News
Trudeau Rocks to Taylor Swift While Montreal Burns
Prime Minister Justin Trudeau has come under fire yet again after a video surfaced on X, showing him dancing at a Taylor Swift performance while anti-Nato protestors ransacked downtown Montreal.
Trudeau attended Taylor Swift’s concert in Toronto on Friday night. Before Taylor Swift approached the stage, X shared a viral video of him dancing and singing along to the song “You Don’t Own Me.”
The image of Trudeau dancing amid violent protests in Montreal generated widespread indignation online. Some social media users even compared Trudeau to the ancient Roman dictator Nero, known for “fiddling while Rome burned.”
Don Stewart, a Member of Parliament (MP) representing part of Toronto, called out the prime minister in a post on X.
Lawless protestors run roughshod over Montreal in violent protest.
The Prime Minister dances.
This is the Canada built by the Liberal government.
Bring back law and order, safe streets and communities in the Canada we once knew and loved. pic.twitter.com/PVJvR6gtmf
— Don Stewart (@donstewartmp) November 23, 2024
“Lawless protesters run roughshod over Montreal in violent protest. The Prime Minister dances,” Stewart wrote. “This is the Canada built by the Liberal government.”
“Bring back law and order, safe streets and communities in the Canada we once knew and loved,” the MP added.
On Saturday, the day after Taylor Swift’s concert, Trudeau condemned the anti-NATO protests, calling them “appalling.”
Anti-NATO activists set off smoke bombs and marched through Montreal’s streets waving Palestinian flags. According to the Montreal Gazette, rioters set fire to automobiles and battled with police.
Pro-Palestinian protests
Protesters also tossed tiny explosives and metal objects at officers. At one point, the mob torched an effigy of Israeli Prime Minister Benjamin Netanyahu. Police used tear gas and batons to disperse the gathering, and three persons were arrested for attacking officers and impeding police operations.
Masked protesters were seen burning flares and bashing storefront windows in videos and photographs shared on social media. Pro-Palestinian protests have been taking place across Canada since the Israel-Gaza conflict began late last year.
Critics have lambasted Trudeau for doing nothing to stop the violent pro-Palestinian marches, with some claiming he has fueled anti-Israel sentiment in Canada.
On Friday, Trudeau stated that Canada would respect the orders of the International Criminal Court (ICC), which issued an arrest warrant for Mr Netanyahu, even if it meant arresting the Israeli prime leader on Canadian soil.
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News
Calgary Zoo Admits Human Error in Death of Baby Gorilla
The Calgary Zoo has admitted in a public statement that a zookeeper’s negligence caused the death of a 2-year-old baby gorilla. Eyare, a newborn gorilla, died last week after being slammed in the head by a hydraulic door.
The accident occurred when a zoo worker attempted to separate Eyare from the rest of the gorilla tribe for a solitary training session.
The gorilla died from significant head injuries, according to the zoo’s statement.
“This tragedy has struck us all in the deepest way imaginable,” Colleen Baird, director of animal care at the Calgary Zoo, said during a news conference. “Eyare’s brief but meaningful existence gave so much joy to our community, and all will sorely miss her. We will do everything possible to prevent repeat accidents.”
According to Baird, the staff member involved was immediately removed from the workplace and will be reassigned to another area of the zoo. The Calgary Zoo stated that it would take preventive steps, such as specialist personnel training and animal behavioral training, to avoid a similar incident.
Calgary Zoo Questioned
It is not the first time an animal at the zoo has died from negligence at the Calgary Zoo. A capybara was accidentally crushed by a hydraulic door similar to the one that killed Eyare in 2019.
An otter died in 2016 after being entangled in an “unauthorized” pair of jeans that a zookeeper had dropped in its enclosure. In 2013, a penguin died in “a freak accident” after swallowing a stick.
Animal Justice, a Canadian group that promotes animal welfare, has called for an independent investigation of animal safety and oversight at the Alberta facility.
“The Calgary Zoo appears to have a higher rate of animal deaths compared to other zoos, and in light of Eyare’s death there should be a systematic review of the zoo’s operations and practices, conducted transparently by the government or another outside party,” according to Camille Labchuk, the executive director of Animal Justice.
The Calgary Zoo refuted that it has more animal deaths than other zoos, emphasizing that it adheres to operating requirements and has maintained accreditation by the Association of Zoos and Aquariums’ independent Accreditation Commission since 1978.
“We love and care for more than 4,000 animals representing over 100 species that call our zoo home,” stated a Calgary Zoo representative.
“Human error-related deaths in animals are quite infrequent. We have lost two animals in the last ten years: a North American river otter in 2016 and ‘Eyare’ this week.
While rare, even one human-caused death is too many. These unfortunate instances have served as vital learning experiences, prompting us to examine and tighten protocols to provide the greatest level of care.”
Baird said at the news conference that using hydraulic doors is “common practice with accredited zoos,” adding that the facility will consider switching to alternate doors to improve safety.
The Calgary Zoo, which established the Wilder Institute in 2021, caters to nearly 4,000 creatures, including six more western lowland gorillas.
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Canada’s Lotto Max Jackpot Climbs to $80M
Lotto Max in Canada has reached $80 million for only the second time in Canadian lottery history. Friday’s draw sought a winner for a $75 million pool, but the top reward remained unclaimed as of Saturday, increasing the jackpot.
Only once did the jackpot reach $80 million in September, when it broke the previous record. Before that, the prize was $75 million, a record.
The Lotto Max prize maximum was boosted earlier this year, enabling for jackpots of more than $70 million. The cap is now at $80 million.
While a greater fee may encourage more people to play, the odds of winning the lottery remain extremely low.
According to the Ontario Lottery and Gaming Corporation, the odds for a $5 ticket are around one in 33,294,800.
While there was no jackpot winner in Friday’s draw, someone did match six of the seven winning numbers, plus a bonus, earning them a payout of more than $320,000.
Lotto Max History
Lotto Max is one of three national lottery games in Canada, overseen by the Interprovincial Lottery Corporation. The game was introduced on September 19, 2009, and its inaugural draw occurred on September 25, 2009. It replaced Lotto Super 7.
The odds of winning the Lotto Max are 1 in 33,294,800. This is correct to a point but misleading.
Let’s have a look at the rules:
- Players choose 7 numbers out of 50
- Numbers cannot be repeated
- Numbers are automatically sorted into ascending order
- Each play buys 3 lines
- Each play costs $5
Seeing that players choose 7 out of 50 non-repeating numbers, the equation for the total number of possible combinations (this is different from permutations where the order in which the numbers appear is significant) when playing the Lotto Max is 50! / (7! x 43!)
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