Rising inflation, customers started buying simple and cheap shoes and slippers

PNP DeskApril 13, 2023September 11, 2024011 mins

Buying new clothes, shoes and slippers is beyond the reach of the middle class and the poor, urban families fill their pockets or do Eid shopping. Photo: File Due to rising inflation and reduced purchasing power, the attention of the citizens is focused on buying cheap Pizaras, Chappals and shoes which cost Rs 1000 or…

Withdrawal ban, customers burn banks Lebanese depositors burn Beirut banks

PNP DeskFebruary 18, 2023September 10, 202403 mins

BEIRUT: Due to restrictions on withdrawing money in Lebanon, bank customers went on fire and burned several commercial banks in Beirut. According to international media reports, several dozen Lebanese protesters ransacked and set fire to commercial banks in an area of Beirut on Thursday. Demonstrators in Lebanon have been protesting informal restrictions on cash withdrawals…