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Imran Khan’s Worsening Vision Raises Alarm Over Prison Conditions

                                                      Pakistan's former Prime Minister Imran Khan   Former Pakistani Prime Minister Imran Khan is reportedly suffering a severe decline in his eyesight while serving his prison sentence, with doctors noting an 85% loss of vision in his right eye . His legal team says the deterioration has been gradual but significant, leaving him with only partial sight and increasing difficulty reading or recognizing objects at a distance. Khan, who has been incarcerated since 2023 on corruption-related convictions, has long argued that the charges were politically motivated. His lawyers now claim that inadequate medical attention in prison has contributed to his worsening condition, prompting renewed calls for an independent medical evaluation. The development has intensified concerns amon...
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Bank of Canada keeps interest rate at 5%, warns of future hikes

 

The Bank of Canada (BoC) announced on Wednesday that it is maintaining its key interest rate at 5% for the eighth consecutive time, citing the need to balance the risks of high inflation and a slowing economy.

The central bank said that inflation has been running above its 2% target for several months, mainly due to higher energy prices and supply chain disruptions. However, it also noted that the economy is facing headwinds from the Omicron variant of COVID-19, which has led to renewed public health measures and uncertainty.

The BoC said that it expects inflation to moderate in the second half of 2024, as the effects of transitory factors fade and the output gap closes. It also said that it will continue to monitor the evolution of the economy and the pandemic, and that it is prepared to raise interest rates further if needed to achieve its inflation objective.

The BoC’s decision was widely expected by analysts, who have been speculating on the timing of the next rate hike. Some believe that the BoC will raise rates as early as January, while others think that it will wait until April or later, depending on the impact of the Omicron variant on the economy.

The BoC’s key interest rate affects the cost of borrowing for consumers and businesses, as well as the value of the Canadian dollar. A higher interest rate tends to attract foreign investors, boosting the demand for the loonie. The Canadian dollar was trading at 79.32 US cents on Wednesday, up slightly from 79.25 US cents on Tuesday.


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