Venezuela Cuts Public-sector Working Hours To Conserve Electricity

CARACAS, (UrduPoint / Pakistan Point News / WAM – 13th Aug, 2026) Venezuela’s Acting President Delcy Rodríguez announced reduced working hours for public-sector employees as part of measures aimed at conserving electricity, with demand reaching its highest level in nearly a decade. Rodríguez said the new measure would involve employees working every other day, alongside…

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Gold Rises To Over Two-month Peak

CAPITALS, (UrduPoint / Pakistan Point News / WAM – 13th Aug, 2026) Gold rose to a more than two-month high on Wednesday after a US inflation ‌reading matched expectations. Spot gold rose 0.9 percent to $4,406.64 per ounce by 17:30 GMT, and climbed above the 100-day moving average, which is currently at $4,387.22. Bullion climbed…

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Trading The August Stagflation Trap: Why EUR/USD Needs Patience, Not Prediction

Not every difficult market is highly volatile. Some of the hardest trading environments are those where uncertainty prevents markets from developing clear trends. Not every difficult market is highly volatile. Some of the hardest trading environments are those where uncertainty prevents markets from developing clear trends. As August approaches, inflation remains above central-bank comfort zones…

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Pakistan Calls For Equitable Access As The Core Of Global AI Governance At Youth Summit

UNITED NATIONS, (APP – UrduPoint / Pakistan Point News – 13th Aug, 2026) Pakistan has underscored the need to bridge the artificial intelligence divide between developed and developing countries, and translate technological advances into tangible development gains at a global summit held at UN Headquarters in New York. Balochistan Governor Sheikh Jaffar Khan Mandokhail, who…

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