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Pakistan’s Highest Monthly Export Volume in Ten Years



According to preliminary data from the Ministry of Commerce, Pakistan’s trade and investment consultant Abdul Razak Dawood (Abdul Razak Dawood) said on Thursday that by March 2021, Pakistan’s exports have increased to US$2.345 billion.

He announced on Twitter: “The Ministry of Commerce is pleased to share with you that according to temporary data, our exports have increased to US$2.345 billion by March 2021. Compared with February 2021, this is an increase of 13.4%. This is The highest month of the past ten years.”

He said that this is the first time since 2011 that the country’s exports have exceeded the US$2 billion mark for six consecutive months. He pointed out that the export growth of 29.3% since March 2020 should not be taken into account, because there were obstacles last year, which would be misleading.

The consultant wrote: “The value of imports in March 2021 increased to US$5.313 billion, mainly due to the imports of petroleum, wheat, soybeans, machinery, raw materials and chemicals, mobile equipment, fertilizers, tires and antibiotics imported in March 2021. And vaccines have increased.”

In the nine months from July 2020 to March 2021 of this fiscal year, Pakistan’s exports increased by 7% from 17.451 billion US dollars in the same period last year to 18.669 billion US dollars. In the same period, imports increased by 12% from US$34.817 billion in the previous fiscal year to US$39.210 billion in this fiscal year.

Dawood explained that this growth comes from increased imports of raw materials and imports of wheat, sugar and cotton.

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What Is The Truth Behind The Viral Video Of The Pre-Planned COVID-19 Test Kit?



From time to time, anti-vaxxers come up with a conspiracy theory to support their argument that the entire pandemic is nothing more than a hoax. Another attempt is that images of certain COVID-10 test kits showing “positive” and “negative” control swabs became popular on the Internet.

They provide these images as evidence of pre-“fixed” test results. However, these statements are wrong because the swab shown in the picture is used to maintain quality control and is not intended to be tested on patients.

Here is the viral picture:

“When you were tested, did your doctor provide you with a positive test or a negative test kit? The fiber of the test swab is still alive. That’s why they pat your brain. They brought nanotechnology into your heart The same is true for the mask. The mask is still alive. You inhale these living particles into your body and they act on your immune system. I have posted a few videos that expose the fiber crawling freely in a worm-like mask. You Forced to hurt myself. Stop wearing a mask.”

The photo spread quickly and was widely shared on Facebook in other languages, including Malay, Indonesian, German and French.

However, an AFP fact check found that these antigen kits are used to maintain quality control, not to test patients. The company sells different types of tests for SARS-CoV-2, including the “Flowflex™ SARS-CoV-2 Antigen Rapid Test.”

The document shows that each kit comes with a “negative control swab” and a “positive control swab”.

“These control swabs should be used to ensure the correct execution of the test box and test procedures,” the instruction manual says, and the following is a screenshot of it:

Liliane Grangeot-Keros, a virologist and permanent secretary of the French National Academy of Pharmacy, said that using the control swab in the COVID-19 test kit can “check whether the technology is effective.”

She said: “If the technology works well, the positive control should give a positive result, and the negative control should (should give) a negative result.”

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Prime Minister Imran Decided Not To Impose More Taxes On The Public



The Prime Minister (Imran Khan) presided over the meeting of the Economic Advisory Committee (ACE) and instructed it not to add more taxes to the people.

When leading the reorganized council meeting, the prime minister said that instead of imposing new taxes, it is better to provide ready-made solutions to reduce the burden on the masses.

He called on EAC members including Finance Minister Shaukat Tarin and economic experts to “put forward a road map for economic stability and sustainable growth.”

He added that the East African Community should continue to perform its functions, make suggestions on economic issues, and further consult with experts to make suggestions on how to improve the country’s economic activities.

The Prime Minister said that the measures taken by the government have improved the business environment and strengthened investor confidence.

He said: “We plan to negotiate with the commercial sector to design an economic strategy to ensure its sustainability.” He added that reforming the tax system to make it more simplified is the government’s top priority.

On April 3, Prime Minister Khan reorganized the Economic Advisory Committee (ACE) to include members of the public and private sectors. The EAC is led by the Prime Minister himself, and the Chancellor of the Exchequer will serve as the vice chairman. In the absence of the Prime Minister, the Minister of Finance will preside over the Council meeting.

EAC will also maintain a consulting and capacity-building relationship with the government, and cooperate with economic institutions in a collaborative and collaborative manner. It will follow the consultation process and propose policy initiatives to further strengthen and optimize financial and economic policies in order to improve their impact on the well-being of citizens.

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A Single Cryptocurrency Consumes More Electricity Than An Entire Country



Although the ability of cryptocurrency to create a lot of wealth has won praise and malice, critics of the entire trade group, especially climate change advocates, have strongly condemned the technology’s environmental impact.

Bitcoin’s energy consumption has become synonymous with the soaring base price of the currency. According to data from the University of Cambridge, Bitcoin mining consumes approximately 130 TWh of energy each year, which is approximately equal to the amount of energy used in Argentina.

Picture Source: BBC

Since November 2020, Bitcoin consumption has doubled as more miners compete for the rewards set by the blockchain network. But recently, the explosive growth of buying and selling digital currencies has made other networks the focus of carbon emissions.

According to Digiconomist, Ethereum consumes nearly 30 terawatt hours per year. This makes its network consumption comparable to countries such as Bahrain and Qatar. Like Bitcoin, Ethereum’s energy consumption is rising, and it doesn’t look like it will happen soon.

According to Digiconomist data, from the average hourly 8 terawatts in August 2020 to the current Ethereum network is now about 30twh, an increase of 275%.

In the next two years, the world is accelerating, and large companies and projects are developing ultra-low price plans for energy-saving blockchain networks, which can basically be kept on smartphones in principle. Currently, these projects are in the development stage and will be the subject of research in the next few years.

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