Rapid poverty reduction in some countries, data missing in many others

Rapid poverty reduction in some countries, data missing in many others

According to the updated global Multidimensional Poverty Index, revealed on Tuesday by the UN Development Programme (UNDP) and the Poverty and Human Development Initiative at the University of Oxford, progress was seen in India, where 415 million people exited poverty in just 15 years, as well as in China (69 million) and Indonesia (8 million). “As we reach the mid-point…

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Polar scientists call for more research and observation into rapid sea ice reduction

Polar scientists call for more research and observation into rapid sea ice reduction

The rapid changes in the Artic and Antarctic have serious implications for these regions, and for global weather and climate.  The alert follows expert meetings held earlier this month in Europe.  Scientists are concerned  Sea ice extent is among key climate indicators used by WMO in its State of the Global Climate reports. Others include greenhouse gases, sea level…

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Five percent reduction in grants to government universities, ban on opening new campuses

Five percent reduction in grants to government universities, ban on opening new campuses

The cut in the grant is directly affecting the students and affecting the quality of education. (Photo: File) Karachi: In the context of the current economic situation of Pakistan, the higher education sector is going to suffer more difficulties. The federal government has cut the individual funds of all the universities of the four provinces…

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‘Weak and insufficient’ progress made towards disaster risk reduction

‘Weak and insufficient’ progress made towards disaster risk reduction

Countries met to review progress on implementing the Sendai Framework for Disaster Risk Reduction – a landmark 2015 agreement to reduce damage, losses and deaths from natural and man-made hazards by the end of the decade.  During the meeting, they adopted a political declaration which in part calls for improving national mechanisms to share disaster risk…

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Increase in federal excise duty rate, 50% reduction in cigarette sales

Increase in federal excise duty rate, 50% reduction in cigarette sales

It has become difficult for the government to meet the tax collection target from cigarettes (Photo: File). Karachi: A huge increase in the federal excise duty rate on cigarettes has reduced legal sales by 50 percent. According to Director Finance Philip Morris (Pakistan) Limited Muhammad Zeeshan, in the current economic conditions, preventing the damage caused…

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