<p>India will launch&nbsp;an ambitious nationwide mission to eliminate sickle cell anaemia by 2047, country's finance minister Nirmala Sitharaman announced in the annual budget of world's fifth largest economy on February 1. Sickle cell anaemia, a genetic disease with high fatality rate&nbsp;that alters the shape of blood cells bringing down their capacity to carry oxygen in the body, is a widespread genetic condition in Central India's areas with significant tribal population.&nbsp;</p>

<p><strong>India's mission against sickle cell anaemia: What does it entail?</strong></p>

<p>India's finance minister Nirmala Sitharaman told parliament in New Delhi that the mission will be a collaborative effort between federal government and individual state administrations.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/business-economy/budget-2023-live-updates-nirmala-sitharaman-to-present-union-budget-2023-24-in-parliament-today-557696">India Union Budget 2023: Growth at 7 pc in current fiscal, highest among major economies: Nirmala Sitharaman</a></strong></p>

<p>"It will entail awareness creation, universal screening of 7 crore (70 million) people in the age-group of 0 to 40 years in affected tribal areas and counseling through collaborative efforts of central ministries and state governments," Sitharaman said.</p>

<p>According to India's Ministry of Tribal Affairs, about 1 in 86 children in tribal population are born with sickle Cell Anaemia condition. &nbsp;</p>

<p>Experts say that early detection and treatment of SDC is of "utmost importance for improved health conditions as a nation".&nbsp;</p>

<p>In Budget 2023, India's finance minister, among other initiatives for improving country's health infrastructure, announced that as many as 157 new nursing colleges will be established in the core locations of the existing 157 medical colleges established since 2014.</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/union-budget-2023-will-government-spend-support-growth-or-populism-557747">Union Budget 2023: Will government spend support growth or populism?</a></strong></p>

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<p>"Facilities of Indian Council of Medical Research (ICMR) labs will be made available for private R&amp;D (research and development) teams to encourage collaborative work," she added.&nbsp;</p>

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India will launch an ambitious nationwide mission to eliminate sickle cell anaemia by 2047, country's finance minister Nirmala Sitharaman announced in the annual budget of world's fifth largest economy on February 1.

India will launch an ambitious nationwide mission to eliminate sickle cell anaemia by 2047, country's finance minister Nirmala Sitharaman announced in the annual budget of world's fifth largest economy on February 1. Sickle cell anaemia, a genetic disease with high fatality rate that alters the shape of blood cells bringing down their capacity to carry oxygen in the body, is a widespread genetic condition in Central India's areas with significant tribal population. India's mission against sickle cell anaemia: What does it entail? India's finance minister Nirmala Sitharaman told parliament in New Delhi that the mission will be a collaborative effort between federal government and individual state administrations. ALSO READ | India Union Budget 2023: Growth at 7 pc in current fiscal, highest among major economies: Nirmala Sitharaman "It will entail awareness creation, universal screening of 7 crore (70 million) people in the age-group of 0 to 40 years in affected tribal areas and counseling through collaborative efforts of central ministries and state governments," Sitharaman said. According to India's Ministry of Tribal Affairs, about 1 in 86 children in tribal population are born with sickle Cell Anaemia condition. Experts say that early detection and treatment of SDC is of "utmost importance for improved health conditions as a nation". In Budget 2023, India's finance minister, among other initiatives for improving country's health infrastructure, announced that as many as 157 new nursing colleges will be established in the core locations of the existing 157 medical colleges established since 2014. ALSO WATCH | Union Budget 2023: Will government spend support growth or populism? × "Facilities of Indian Council of Medical Research (ICMR) labs will be made available for private R&D (research and development) teams to encourage collaborative work," she added. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

India Budget 2023: Govt announces mission to eliminate sickle cell anaemia by 2047

<p>India's finance minister Nirmala Sitharaman said on Wednesday that the country's status as the chair of Group of 20 (G20) nations presents a 'unique opportunity' for New Delhi. "In these times of global challenges, India’s G20 presidency gives us a unique opportunity to strengthen India’s role in the world economic order," finance minister Nirmala Sitharaman said.&nbsp;</p>

<p>The finance minister hailed the 'right track' movement of the Indian economy. She said that the Indian economy is on the right track despite the challenges presented by Covid-19, and is "heading towards a bright future".&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/union-budget-2023-29-billion-capital-outlay-announced-for-railways-nine-times-of-fy-13-14-557811">Union Budget 2023: $29 billion capital outlay announced for Railways, nine times of FY 13-14</a></strong></p>

<p>Sitharaman has engaged in collaborative interaction with finance ministers and central bank governors of G20 nations in recent months. She has also engaged with multilateral institutions such as Financial Action Task Force (FATF), the United Nations Development Programme, and Organisation for Economic Cooperation and Development.&nbsp;</p>

<p>The G20 agenda this year will focus on issues such as climate financing, inclusive, equitable, and sustainable growth, energy security, and global cooperation and financing. Its Finance Track will address the critical global financial challenges and will work towards strengthening Multilateral Development Banks (MDBs).</p>

<p><b>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/gravitas-india-takes-charge-of-g20-presidency-534875">Gravitas: India takes charge of G20 Presidency</a></b></p>

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<p>The Indian economy will have fast-paced growth at a rate of 7 per cent in the current financial year, Nirmala Sitharaman said triumphantly, adding that India is recognised by the world as a "bright star."&nbsp;</p>

<p>India assumed the G20 presidency at the end of 2022, putting country's diplomacy and foreign policy in a larger global spotlight. The country is actively engaging with all members of the grouping to recognise the objectives and concerns of the global south while discussing ways to build convergence in a challenging period.&nbsp;</p>

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India's finance minister Nirmala Sitharaman said on Wednesday that the country's status as the chair of Group of 20 (G20) nations presents a 'unique opportunity' for New Delhi.

India's finance minister Nirmala Sitharaman said on Wednesday that the country's status as the chair of Group of 20 (G20) nations presents a 'unique opportunity' for New Delhi. "In these times of global challenges, India’s G20 presidency gives us a unique opportunity to strengthen India’s role in the world economic order," finance minister Nirmala Sitharaman said. The finance minister hailed the 'right track' movement of the Indian economy. She said that the Indian economy is on the right track despite the challenges presented by Covid-19, and is "heading towards a bright future". ALSO READ | Union Budget 2023: $29 billion capital outlay announced for Railways, nine times of FY 13-14 Sitharaman has engaged in collaborative interaction with finance ministers and central bank governors of G20 nations in recent months. She has also engaged with multilateral institutions such as Financial Action Task Force (FATF), the United Nations Development Programme, and Organisation for Economic Cooperation and Development. The G20 agenda this year will focus on issues such as climate financing, inclusive, equitable, and sustainable growth, energy security, and global cooperation and financing. Its Finance Track will address the critical global financial challenges and will work towards strengthening Multilateral Development Banks (MDBs). ALSO WATCH | Gravitas: India takes charge of G20 Presidency × The Indian economy will have fast-paced growth at a rate of 7 per cent in the current financial year, Nirmala Sitharaman said triumphantly, adding that India is recognised by the world as a "bright star." India assumed the G20 presidency at the end of 2022, putting country's diplomacy and foreign policy in a larger global spotlight. The country is actively engaging with all members of the grouping to recognise the objectives and concerns of the global south while discussing ways to build convergence in a challenging period. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

India Budget 2023: New Delhi’s G20 presidency a ‘unique opportunity’ for nation, says Nirmala Sitharaman

<p>In what has emerged as Britain's largest coordinated strike action in a generation, up to half a million teachers, civil servants, train drivers and university lecturers walked out of their places of work on Wednesday over pay and conditions. The strike resulted in the shutting down of schools across Britain, halting most rail services in the region.</p>

<p>Mary Bousted, General Secretary of National Education Union, told Reuters that teachers in her union felt they had no choice but to strike as declining pay meant high numbers were leaving the profession, making it harder for those that remain.</p>

<p>"There has been over the last 12 years a really catastrophic long term decline in their pay," she said outside a school in south London.</p>

<p>"None of the people behind me want to be on strike today but they are saying, very reluctantly, that enough is enough and that things have to change."</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/right-to-protest-not-absolute-says-rishi-sunak-as-uk-prepares-to-introduce-broader-powers-for-police-552977">Right to protest ‘not absolute’, says Rishi Sunak as UK prepares to introduce broader powers for Police</a></strong></p>

<p>United Kingdom is the only big economy heading for recession, the International Monetary Fund (IMF) said on January 30. The IMF growth forecast for the UK (-0.5 per cent) is less than Germany (0 per cent), Italy (0.1 per cent), France (0.9 per cent), the US (1.0 per cent), Canada (1.2 per cent) and the world at-large (3.2 per cent).&nbsp;</p>

<p>The UK inflation is running at more than 10 per cent the highest in four decades. Britain has seen a wave of strikes in recent months across different sectors, including health and transport workers, Amazon warehouse employees and Royal Mail postal staff.</p>

<p>Education minister Gillian Keegan stuck to the government's position on Wednesday.&nbsp;</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/uk-londoners-rally-against-the-cost-of-living-crisis-block-roads-and-bridges-521710">UK: Londoners rally against the cost of living crisis, block roads and bridges</a></strong></p>

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<p>"What we cannot do is give inflation busting pay rises to one part of the workforce and make inflation worse for everybody. That's not an economically sensible thing to do," she told the BBC.</p>

<p>So far the economy has not taken a major hit from the industrial action with the cost of the strikes in the eight months to January estimated by consultancy firm the Centre for Economics and Business Research (CEBR) at about 1.7 billion pounds ($2.09 billion), or about 0.1 per cent&nbsp;of the expected GDP.</p>

<p>But the strikes are hurting Prime Minister Rishi Sunak's government politically.&nbsp;His Conservative Party trail the opposition Labour Party by some 25 percentage points in polls and surveys indicate the public think the government have handled the strikes badly.</p>

<p>Also on strike on Wednesday are 100,000 civil servants from more than 120 government departments, and tens of thousands of university lecturers and rail workers.</p>

<p>There are also rallies planned for later in the day to protest against a new law to curb strikes in some sectors.</p>

<p>Next week, nurses, ambulance staff, paramedics, emergency call handlers and other healthcare workers are set to stage more walkouts.</p>

<p>(<em>With inputs from agencies)</em></p>

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In what has emerged as Britain's largest coordinated strike action in a generation, up to half a million teachers, civil servants, train drivers and university lecturers walked out of their places of work on Wednesday over pay and conditions.

In what has emerged as Britain's largest coordinated strike action in a generation, up to half a million teachers, civil servants, train drivers and university lecturers walked out of their places of work on Wednesday over pay and conditions. The strike resulted in the shutting down of schools across Britain, halting most rail services in the region. Mary Bousted, General Secretary of National Education Union, told Reuters that teachers in her union felt they had no choice but to strike as declining pay meant high numbers were leaving the profession, making it harder for those that remain. "There has been over the last 12 years a really catastrophic long term decline in their pay," she said outside a school in south London. "None of the people behind me want to be on strike today but they are saying, very reluctantly, that enough is enough and that things have to change." ALSO READ | Right to protest ‘not absolute’, says Rishi Sunak as UK prepares to introduce broader powers for Police United Kingdom is the only big economy heading for recession, the International Monetary Fund (IMF) said on January 30. The IMF growth forecast for the UK (-0.5 per cent) is less than Germany (0 per cent), Italy (0.1 per cent), France (0.9 per cent), the US (1.0 per cent), Canada (1.2 per cent) and the world at-large (3.2 per cent). The UK inflation is running at more than 10 per cent the highest in four decades. Britain has seen a wave of strikes in recent months across different sectors, including health and transport workers, Amazon warehouse employees and Royal Mail postal staff. Education minister Gillian Keegan stuck to the government's position on Wednesday. ALSO WATCH | UK: Londoners rally against the cost of living crisis, block roads and bridges × "What we cannot do is give inflation busting pay rises to one part of the workforce and make inflation worse for everybody. That's not an economically sensible thing to do," she told the BBC. So far the economy has not taken a major hit from the industrial action with the cost of the strikes in the eight months to January estimated by consultancy firm the Centre for Economics and Business Research (CEBR) at about 1.7 billion pounds ($2.09 billion), or about 0.1 per cent of the expected GDP. But the strikes are hurting Prime Minister Rishi Sunak's government politically. His Conservative Party trail the opposition Labour Party by some 25 percentage points in polls and surveys indicate the public think the government have handled the strikes badly. Also on strike on Wednesday are 100,000 civil servants from more than 120 government departments, and tens of thousands of university lecturers and rail workers. There are also rallies planned for later in the day to protest against a new law to curb strikes in some sectors. Next week, nurses, ambulance staff, paramedics, emergency call handlers and other healthcare workers are set to stage more walkouts. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Britain's teachers, civil servants join country's biggest strike in a generation

<p>Credit Card and online payment interface PayPal Holdings said on Tuesday that it will cut 7 per cent&nbsp;of its workforce. This numbers to&nbsp;about 2,000 employees. PayPal, once helmed by billionaire business magnate Elon Musk, is&nbsp;the latest amongst a host of fintech firms who have been&nbsp;hit by the economic slowdown.</p>

<p>The<b>&nbsp;</b>company’s layoffs announcement marks the latest round of job cuts in the tech industry, as Workday also announced plans to cut 525 jobs Tuesday. Earlier this month, Google announced plans to lay off more than 12,000 workers, Microsoft announced plans to cut 10,000 employees and Salesforce announced plans to lay off 7,000 workers.</p>

<p>PayPal President and CEO Dan Schulman wrote in a release that the company&nbsp;is working to address the "challenging macroeconomic environment".&nbsp;</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/gravitas-tech-layoffs-is-your-job-safe-557687">Gravitas: Tech layoffs: Is your job safe?</a></strong></p>

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<p>"While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do," Dan Schulman said.&nbsp;</p>

<p>"Similar to other tech companies, PayPal is seeking to position itself financially and strategically, bracing for an economic slowdown," Moshe Katri, analyst at Wedbush was quoted as saying by Reuters.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/technology/google-cuts-12000-jobs-6-of-global-workforce-554451">Google joins layoff spree, slashes 12,000 jobs across world, offers 16 weeks’ severance pay</a></strong></p>

<p>Thomas Hayes, chairman and managing member at investment firm Great Hill Capital told Reuters that "tech over-hired during the pandemic and rationalizing staff during a soft period will help them to retain margins as conditions recover."</p>

<p>In November, PayPal had cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much growth in its U.S. e-commerce business in the holiday quarter.</p>

<p>Executives at the company said at the time that a challenging macro environment, and slowing e-commerce trends were pushing it to be prudent with its forecast.</p>

<p><em>(With inputs from agencies)</em></p>

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Credit Card and online payment interface PayPal Holdings said on Tuesday that it will cut 7 per cent of its workforce. This numbers to about 2,000 employees. PayPal, once helmed by billionaire business magnate Elon Musk, is the latest amongst a host of fintech firms who have been hit by the economic slowdown.

Credit Card and online payment interface PayPal Holdings said on Tuesday that it will cut 7 per cent of its workforce. This numbers to about 2,000 employees. PayPal, once helmed by billionaire business magnate Elon Musk, is the latest amongst a host of fintech firms who have been hit by the economic slowdown. The company’s layoffs announcement marks the latest round of job cuts in the tech industry, as Workday also announced plans to cut 525 jobs Tuesday. Earlier this month, Google announced plans to lay off more than 12,000 workers, Microsoft announced plans to cut 10,000 employees and Salesforce announced plans to lay off 7,000 workers. PayPal President and CEO Dan Schulman wrote in a release that the company is working to address the "challenging macroeconomic environment". ALSO WATCH | Gravitas: Tech layoffs: Is your job safe? × "While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do," Dan Schulman said. "Similar to other tech companies, PayPal is seeking to position itself financially and strategically, bracing for an economic slowdown," Moshe Katri, analyst at Wedbush was quoted as saying by Reuters. ALSO READ | Google joins layoff spree, slashes 12,000 jobs across world, offers 16 weeks’ severance pay Thomas Hayes, chairman and managing member at investment firm Great Hill Capital told Reuters that "tech over-hired during the pandemic and rationalizing staff during a soft period will help them to retain margins as conditions recover." In November, PayPal had cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much growth in its U.S. e-commerce business in the holiday quarter. Executives at the company said at the time that a challenging macro environment, and slowing e-commerce trends were pushing it to be prudent with its forecast. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

PayPal joins Silicon Valley's layoff wagon, announces 2,000 job cuts

<p>The coin-sized radioactive capsule that went missing in Western Australia last week has been found by country's emergency services. The authorities in Western Australia's sparsely populated Kimberley region said that they had "literally found the needle in the haystack".</p>

<p>The announcement of the loss sparked a frantic search since last week, stoking unprecedented public health warning spanning hundreds of kilometres in the sparsely populated West Australian region.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/radiation-alert-in-australia-as-hunt-for-lost-caesium-137-mining-capsule-on-how-can-it-hurt-you-556727">Radiation alert in Australia after Caesium-137 capsule goes missing</a></strong></p>

<p>"It's a good result, as I've said it's certainly a needle in a haystack that has been found, and I think West Australians can sleep better tonight," West Australian emergency services minister Stephen Dawson told reporters.</p>

<p><strong>Who found the radioactive capsule?</strong></p>

<p>The capsule was found by a team from the Australian Nuclear Science and Technology Organisation and the Department of Fire and Emergency Services.</p>

<p><strong>Australia's missing radioactive capsule: What happened?</strong></p>

<p>An urgent public warning was issued after the Caesium-137 capsule was reported missing on January 25. It was reported that the capsule apparently fell off a truck transporting&nbsp;it from a Rio Tinto mine to Perth, a 1400-kilometre stretch.</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/radioactive-capsule-lost-in-western-australia-along-1400-km-route-authorities-issue-health-warning-556939">Radioactive capsule lost in Western Australia along 1,400 km route</a></strong></p>

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<p>It vanished between January 11 and January 16, but its loss was not reported for more than a week, local media reported.</p>

<p><strong>What is the radioactive capsule like?</strong></p>

<p>According to reports, the now found&nbsp;capsule measures&nbsp;6mm in diameter by 8mm in height. it is used in mining equipment but can lead to dangerously high doses of radiation if mishandled.</p>

<p>Western Australians were warned of the dangerous misplaced capsule in a press conference held late on Friday afternoon.</p>

<p>The state's Chief Health Officer&nbsp;Andy Robertson warned at the time it could be anywhere between Perth and the Pilbara, an area stretching for 1,400 kilometres.</p>

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The coin-sized radioactive capsule that went missing in Western Australia last week has been found by country's emergency services. The authorities in Western Australia's sparsely populated Kimberley region said that they had "literally found the needle in the haystack".

The coin-sized radioactive capsule that went missing in Western Australia last week has been found by country's emergency services. The authorities in Western Australia's sparsely populated Kimberley region said that they had "literally found the needle in the haystack". The announcement of the loss sparked a frantic search since last week, stoking unprecedented public health warning spanning hundreds of kilometres in the sparsely populated West Australian region. ALSO READ | Radiation alert in Australia after Caesium-137 capsule goes missing "It's a good result, as I've said it's certainly a needle in a haystack that has been found, and I think West Australians can sleep better tonight," West Australian emergency services minister Stephen Dawson told reporters. Who found the radioactive capsule? The capsule was found by a team from the Australian Nuclear Science and Technology Organisation and the Department of Fire and Emergency Services. Australia's missing radioactive capsule: What happened? An urgent public warning was issued after the Caesium-137 capsule was reported missing on January 25. It was reported that the capsule apparently fell off a truck transporting it from a Rio Tinto mine to Perth, a 1400-kilometre stretch. ALSO WATCH | Radioactive capsule lost in Western Australia along 1,400 km route × It vanished between January 11 and January 16, but its loss was not reported for more than a week, local media reported. What is the radioactive capsule like? According to reports, the now found capsule measures 6mm in diameter by 8mm in height. it is used in mining equipment but can lead to dangerously high doses of radiation if mishandled. Western Australians were warned of the dangerous misplaced capsule in a press conference held late on Friday afternoon. The state's Chief Health Officer Andy Robertson warned at the time it could be anywhere between Perth and the Pilbara, an area stretching for 1,400 kilometres. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Missing coin-sized radioactive capsule found in Australia

<p>France recalled its ambassador to Burkina Faso, Luc Hallade, saying that it intends to "conduct consultations" over Burkinian unrest, the French foreign ministry announced Thursday, a day after agreeing to withdraw French troops stationed in the country.</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/gravitas-all-about-the-insurgency-in-burkina-faso-553273">Gravitas: All about the insurgency in Burkina Faso</a></strong></p>

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<p>"In the context of the latest developments in Burkina Faso, we have decided to recall our ambassador&nbsp;to conduct consultations on the state and prospects for our bilateral cooperation," the French foreign ministry told news agency AFP.</p>

<p><strong>Why are the French troops leaving Burkina Faso?</strong></p>

<p>The French withdrawal is in accordance with the 2018 military agreement signed by the two countries. On Monday, citing the 2018 agreement, Ouagadougou asked Paris to withdraw hundreds of special forces stationed with an aim to limit the expansion of terrorist groups in the Sahel region.&nbsp;</p>

<p><b>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/macron-to-announce-end-of-anti-jihadist-operation-barkhane-in-africas-sahel-region-532510">Macron announces end of anti-jihadist 'Operation Barkhane' in Africa's Sahel region</a></b></p>

<p>The Sahel region consists of the vast semi-arid and mostly inhospitable region of Africa, separating the Sahara Desert to the north and tropical savannas to the south. It includes parts of Senegal, Mauritania, Mali, Burkina Faso, Algeria, Niger, Nigeria, Cameroon, the Central African Republic, Chad, South Sudan, Eritrea, and Ethiopia.&nbsp;</p>

<p>The demand "is not about ending diplomatic relations between Burkina Faso and France," a government spokesperson said. "It is the Burkinabé themselves who will consent to the necessary sacrifices for the liberation of our territory."</p>

<p>France formally accepted the demand on Wednesday, and said it would "abide by the terms of the agreement."</p>

<p>Last year, Burkina Faso had asked Paris to replace its ambassador Luc Hallade, in office since 2019, claiming that Hallande could no longer be trusted.</p>

<p><em>(With inputs from agencies)</em></p>

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France recalled its ambassador to Burkina Faso, Luc Hallade, saying that it intends to "conduct consultations" over Burkinian unrest, the French foreign ministry announced Thursday, a day after agreeing to withdraw French troops stationed in the country.

France recalled its ambassador to Burkina Faso, Luc Hallade, saying that it intends to "conduct consultations" over Burkinian unrest, the French foreign ministry announced Thursday, a day after agreeing to withdraw French troops stationed in the country. ALSO WATCH | Gravitas: All about the insurgency in Burkina Faso × "In the context of the latest developments in Burkina Faso, we have decided to recall our ambassador to conduct consultations on the state and prospects for our bilateral cooperation," the French foreign ministry told news agency AFP. Why are the French troops leaving Burkina Faso? The French withdrawal is in accordance with the 2018 military agreement signed by the two countries. On Monday, citing the 2018 agreement, Ouagadougou asked Paris to withdraw hundreds of special forces stationed with an aim to limit the expansion of terrorist groups in the Sahel region. ALSO READ | Macron announces end of anti-jihadist 'Operation Barkhane' in Africa's Sahel region The Sahel region consists of the vast semi-arid and mostly inhospitable region of Africa, separating the Sahara Desert to the north and tropical savannas to the south. It includes parts of Senegal, Mauritania, Mali, Burkina Faso, Algeria, Niger, Nigeria, Cameroon, the Central African Republic, Chad, South Sudan, Eritrea, and Ethiopia. The demand "is not about ending diplomatic relations between Burkina Faso and France," a government spokesperson said. "It is the Burkinabé themselves who will consent to the necessary sacrifices for the liberation of our territory." France formally accepted the demand on Wednesday, and said it would "abide by the terms of the agreement." Last year, Burkina Faso had asked Paris to replace its ambassador Luc Hallade, in office since 2019, claiming that Hallande could no longer be trusted. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

France recalls ambassador to Burkina Faso amid withdrawal of troops from Sahel region

In Pics | Australians mark country's divisive National Day

<p>BuzzFeed, the New York-headquartered internet media company will use ChatGPT's Open Artificial Intelligence to generate content for its website. This includes quizzes, which is attributed as the first step in extended content creation, Forbes reported.&nbsp;</p>

<p>Buzzfeed had announced last month that it would cut its workforce by about 12 per cent.&nbsp;</p>

<p><b>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/gravitas-chatgpt-explained-how-does-the-platform-work-553272">Gravitas | ChatGPT Explained: How does the platform work?</a></b></p>

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<p>"In 2023, you'll see AI inspired content move from an R&amp;D (Research and Development) stage to part of our core business, enhancing the quiz experience, informing our brainstorming, and personalising our content for our audience," BuzzFeed Chief Executive Jonah Peretti said in memo to employees.</p>

<p>"The creative process will increasingly become AI-assisted and technology-enabled," Peretti shared in the memo, according to Reuters.&nbsp;</p>

<p>A report in Variety made a startling forecast that if the past 15 years of the internet came to be defined with algorithmic excellence of technology innovators, the next 15 years will be defined by Artificial Intelligence and data helping create, personalise and animate content by itself.</p>

<p><b>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/what-is-chatgpt-an-ai-chatbot-that-have-taken-internet-by-storm-can-it-replace-humans-540182">What is ChatGPT, an AI chatbot that has taken internet by storm? Can it replace humans?</a></b></p>

<p>Reports suggest that media websites such as CNET already use AI technology under articles authored by 'CNET Money Staff'.&nbsp;</p>

<p>Microsoft has invested billions in OpenAI. Satya Nadella, CEO of Microsoft, has said the company is seeking more ways to commercialise the platform.</p>

<p>Meanwhile, BuzzFeed has inked a multi-year $10 million deal with Facebook parent, Meta, for content creation.&nbsp;</p>

<p>ChatGPT has been enthusiastically accepted by students around the world. Reports suggest that the limitations of ChatGPT are becoming weaker with passing time with the Artificial Intelligence continuing to put greater amounts of data into it, to improve its performance up to the point of a viable performance generated by human effort.</p>

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BuzzFeed, the New York-headquartered internet media company will use ChatGPT's Open Artificial Intelligence to generate content for its website. This includes quizzes, which is attributed as the first step in extended content creation, Forbes reported.

BuzzFeed, the New York-headquartered internet media company will use ChatGPT's Open Artificial Intelligence to generate content for its website. This includes quizzes, which is attributed as the first step in extended content creation, Forbes reported. Buzzfeed had announced last month that it would cut its workforce by about 12 per cent. ALSO WATCH | Gravitas | ChatGPT Explained: How does the platform work? × "In 2023, you'll see AI inspired content move from an R&D (Research and Development) stage to part of our core business, enhancing the quiz experience, informing our brainstorming, and personalising our content for our audience," BuzzFeed Chief Executive Jonah Peretti said in memo to employees. "The creative process will increasingly become AI-assisted and technology-enabled," Peretti shared in the memo, according to Reuters. A report in Variety made a startling forecast that if the past 15 years of the internet came to be defined with algorithmic excellence of technology innovators, the next 15 years will be defined by Artificial Intelligence and data helping create, personalise and animate content by itself. ALSO READ | What is ChatGPT, an AI chatbot that has taken internet by storm? Can it replace humans? Reports suggest that media websites such as CNET already use AI technology under articles authored by 'CNET Money Staff'. Microsoft has invested billions in OpenAI. Satya Nadella, CEO of Microsoft, has said the company is seeking more ways to commercialise the platform. Meanwhile, BuzzFeed has inked a multi-year $10 million deal with Facebook parent, Meta, for content creation. ChatGPT has been enthusiastically accepted by students around the world. Reports suggest that the limitations of ChatGPT are becoming weaker with passing time with the Artificial Intelligence continuing to put greater amounts of data into it, to improve its performance up to the point of a viable performance generated by human effort. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

After job cuts, BuzzFeed employs ChatGPT to create website content

<p>The tensions between Israel and Palestine resumed to a new high on Friday after Jerusalem launched air strikes on Gaza after a militant rocket fire from disputed territory was launched at Israel. Over 13,000 km southeast of Israeli city of Tel Aviv, a moment of heartbreak short of a sporting glory came to the fore for the Indian Tennis fans, as Sania Mirza, country's flagbearer of professional Tennis for years lost Australian Open Mixed Doubles final alongside Mahesh Bhupati to a Brazilian pair.&nbsp;</p>

<p>Meanwhile, Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China.&nbsp;</p>

<p>Among other news, Egypt made another startling addition to its&nbsp;archaeological discoveries.</p>

<p><strong>Click on the headlines to read more:</strong></p>

<p><a href="https://www.wionews.com/middle-east/israel-responds-with-air-strikes-on-gaza-following-overnight-rocket-fire-556373"><strong>Israel responds with air strikes on Gaza following overnight rocket fire</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/01/27/328371-untitled-design-2023-01-27t084639737.png?imwidth=1920" /></p>

<p>Israel launched air strikes on Gaza Friday following a militant rocket fire from the Gaza Strip towards southern Israel. The strikes came as tensions rose after seven gunmen and two civilians were killed by Israeli forces during a raid in the West Bank on Thursday. It was the deadliest army raid on the occupied West Bank in years.</p>

<p><a href="https://www.wionews.com/sports/australia-open-sania-mirza-rohan-bopannas-dream-run-ends-with-heartbreak-in-final-556376"><strong>Australian Open: Sania Mirza-Rohan Bopanna's dream run ends in heartbreak in Mixed Doubles final</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/01/27/328372-untitled-design-2023-01-27t090239866.png?imwidth=1920" /></p>

<p>Sania Mirza-Rohan Bopanna lost to Brazilian duo of&nbsp;Luisa Stefani and Rafael Matos 6-7, 2-6 in the mixed doubles final of the Australian Open. Sania, who has been the flagbearer of Indian Tennis for years, had announced her retirement from the game last week. Fans had hoped for a fitting farewell for Sania Mirza, who had won her first Grand Slam in Australia itself in 2009 alongside Indian counterpart Mahesh Bhupati. While Indian pair had their moment, the Brazilians had the last say.</p>

<p><a href="https://www.wionews.com/business-economy/with-us-efforts-the-netherlands-japan-close-to-limit-chip-exports-to-china-report-556371"><strong>With US efforts, The Netherlands, Japan close to limit chip exports to China: Report</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/01/27/328367-untitled-design-47.png?imwidth=1920" /></p>

<p>Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China. The officials from the United States, Denmark and Japan are scheduled to conclude talks to set new limitations to what can be supplied to the Chinese companies, Bloomberg reported.&nbsp;</p>

<p><a href="https://www.wionews.com/trending/archaeologists-make-dream-discovery-find-mummy-adorned-in-gold-leaf-556381"><strong>Archaeologists make 'dream discovery', find mummy adorned in gold leaf</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/01/27/328373-untitled-design-2023-01-27t090925396.png?imwidth=1920" /></p>

<p>In a bid to revive its tourism industry, Egypt in recent years has made many major archaeological discoveries. Archaeologists on Thursday have made what they are terming a "dream discovery." This is a mummy which was lain within a chamber undisturbed for thousands of years.&nbsp;</p>

<p><a href="https://www.wionews.com/world/russia-bans-largest-independent-news-website-meduza-calls-it-a-security-threat-556351"><strong>Russia bans largest independent news website Meduza, calls it a 'security threat'</strong></a></p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2023/01/27/328356-wmm2p4x7xbklxockferrzua3ey.jpg?imwidth=1920" /></p>

<p>One of the harshest acts of censorship since the&nbsp;Russian&nbsp; nvasion of Ukraine in February 2022 is&nbsp;the classification of Meduza, the largest Russian independent news site, as an "undesirable organisation." The parent company of Meduza, which is registered in Latvia, "threatens the foundations of constitutional order and the security of the Russian Federation," the prosecutor general of Russia claimed in a statement on Thursday (January 26), without providing any other information.</p>

<p><a href="https://www.wionews.com/world/us-military-kills-senior-islamic-state-figure-in-us-raid-in-somalia-us-official-556367"><strong>US military kills senior Islamic State figure in US raid in Somalia</strong></a></p>

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<p>Bilal al-Sudani, a significant regional commander for the Islamic State group, was killed in a US military raid in Somalia that was ordered by President Joe Biden, according to US authorities on Thursday (January 26).&nbsp;As per US sources, Sudani was killed during a gunfight when US forces entered a hilly labyrinth of caves in northern Somalia in an effort to arrest him, as reported by AFP.</p>

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The tensions between Israel and Palestine resumed to a new high on Friday after Jerusalem launched air strikes on Gaza after a militant rocket fire from disputed territory was launched at Israel.

The tensions between Israel and Palestine resumed to a new high on Friday after Jerusalem launched air strikes on Gaza after a militant rocket fire from disputed territory was launched at Israel. Over 13,000 km southeast of Israeli city of Tel Aviv, a moment of heartbreak short of a sporting glory came to the fore for the Indian Tennis fans, as Sania Mirza, country's flagbearer of professional Tennis for years lost Australian Open Mixed Doubles final alongside Mahesh Bhupati to a Brazilian pair. Meanwhile, Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China. Among other news, Egypt made another startling addition to its archaeological discoveries. Click on the headlines to read more: Israel responds with air strikes on Gaza following overnight rocket fire Israel launched air strikes on Gaza Friday following a militant rocket fire from the Gaza Strip towards southern Israel. The strikes came as tensions rose after seven gunmen and two civilians were killed by Israeli forces during a raid in the West Bank on Thursday. It was the deadliest army raid on the occupied West Bank in years. Australian Open: Sania Mirza-Rohan Bopanna's dream run ends in heartbreak in Mixed Doubles final Sania Mirza-Rohan Bopanna lost to Brazilian duo of Luisa Stefani and Rafael Matos 6-7, 2-6 in the mixed doubles final of the Australian Open. Sania, who has been the flagbearer of Indian Tennis for years, had announced her retirement from the game last week. Fans had hoped for a fitting farewell for Sania Mirza, who had won her first Grand Slam in Australia itself in 2009 alongside Indian counterpart Mahesh Bhupati. While Indian pair had their moment, the Brazilians had the last say. With US efforts, The Netherlands, Japan close to limit chip exports to China: Report Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China. The officials from the United States, Denmark and Japan are scheduled to conclude talks to set new limitations to what can be supplied to the Chinese companies, Bloomberg reported. Archaeologists make 'dream discovery', find mummy adorned in gold leaf In a bid to revive its tourism industry, Egypt in recent years has made many major archaeological discoveries. Archaeologists on Thursday have made what they are terming a "dream discovery." This is a mummy which was lain within a chamber undisturbed for thousands of years. Russia bans largest independent news website Meduza, calls it a 'security threat' One of the harshest acts of censorship since the Russian nvasion of Ukraine in February 2022 is the classification of Meduza, the largest Russian independent news site, as an "undesirable organisation." The parent company of Meduza, which is registered in Latvia, "threatens the foundations of constitutional order and the security of the Russian Federation," the prosecutor general of Russia claimed in a statement on Thursday (January 26), without providing any other information. US military kills senior Islamic State figure in US raid in Somalia Bilal al-Sudani, a significant regional commander for the Islamic State group, was killed in a US military raid in Somalia that was ordered by President Joe Biden, according to US authorities on Thursday (January 26). As per US sources, Sudani was killed during a gunfight when US forces entered a hilly labyrinth of caves in northern Somalia in an effort to arrest him, as reported by AFP. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Morning news brief: Israel retaliates with airstrikes in Gaza, Sania Mirza's last Grand Slam final, and more

<p>Sania Mirza-Rohan Bopanna lost to Brazilian duo of&nbsp;Luisa Stefani and Rafael Matos 6-7, 2-6 in the mixed doubles final of the Australian Open. Sania, who has been the flagbearer of Indian Tennis for years, had announced her retirement from the game last week. Fans had hoped for a fitting farewell for Sania Mirza, who had won her first Grand Slam in Australia itself in 2009 alongside Indian counterpart Mahesh Bhupati. While Indian pair had their moment, the Brazilians had the last say.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/sania-mirza-to-hang-up-her-boots-after-2022-season-end-feels-body-is-wearing-down-energy-isnt-same-445921">Sania Mirza to hang up her boots after 2022 season end, feels 'body is wearing down, energy isn't same'</a></strong></p>

<p>"I could not think of a better arena to finish my career at, in a grand slam," an emotional Sania Mirza told spectators.&nbsp;</p>

<p>"My professional career started in Melbourne in 2005, when I played against Serena Williams as an 18-year-old. That was scarily enough 18 years ago," Sania said.&nbsp;</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-exclusive-when-sania-mirza-let-out-a-secret-138736">WION Exclusive: When Sania Mirza let out a 'secret'</a></strong></p>

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<p>It was the&nbsp;11th Grand Slam final of Sania's career in international Tennis. Sania Mirza is among India's most successful Tennis player of all time, having&nbsp;won 43 doubles titles – including six Grand Slams. She remained world's number 1 Tennis player in the women's doubles for&nbsp;a whopping 91 weeks.</p>

<p>Bopanna&nbsp;was playing a fourth Grand Slam final alongside Sania in Melbourne.&nbsp;</p>

<p>Sania put on a memorable show in the final Grand Slam match of her career, with some strong returns while keeping her brilliant forehand into play for much of the encounter. This was Mirza's last Grand Slam match. She will play her final tournament at the WTA 1000 event in Dubai next month.</p>

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Sania Mirza-Rohan Bopanna lost to Brazilian duo of Luisa Stefani and Rafael Matos 6-7, 2-6 in the mixed doubles final of the Australian Open. Sania, who has been the flagbearer of Indian Tennis for years, had announced her retirement from the game last week.

Sania Mirza-Rohan Bopanna lost to Brazilian duo of Luisa Stefani and Rafael Matos 6-7, 2-6 in the mixed doubles final of the Australian Open. Sania, who has been the flagbearer of Indian Tennis for years, had announced her retirement from the game last week. Fans had hoped for a fitting farewell for Sania Mirza, who had won her first Grand Slam in Australia itself in 2009 alongside Indian counterpart Mahesh Bhupati. While Indian pair had their moment, the Brazilians had the last say. ALSO READ | Sania Mirza to hang up her boots after 2022 season end, feels 'body is wearing down, energy isn't same' "I could not think of a better arena to finish my career at, in a grand slam," an emotional Sania Mirza told spectators. "My professional career started in Melbourne in 2005, when I played against Serena Williams as an 18-year-old. That was scarily enough 18 years ago," Sania said. ALSO WATCH | WION Exclusive: When Sania Mirza let out a 'secret' × It was the 11th Grand Slam final of Sania's career in international Tennis. Sania Mirza is among India's most successful Tennis player of all time, having won 43 doubles titles – including six Grand Slams. She remained world's number 1 Tennis player in the women's doubles for a whopping 91 weeks. Bopanna was playing a fourth Grand Slam final alongside Sania in Melbourne. Sania put on a memorable show in the final Grand Slam match of her career, with some strong returns while keeping her brilliant forehand into play for much of the encounter. This was Mirza's last Grand Slam match. She will play her final tournament at the WTA 1000 event in Dubai next month. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Australian Open: Sania Mirza-Rohan Bopanna's dream run ends in heartbreak in Mixed Doubles final

<p>Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China. The officials from the United States, Denmark and Japan are scheduled to conclude talks to set new limitations to what can be supplied to the Chinese companies, Bloomberg reported.&nbsp;</p>

<p>The talks between the three sides on the matter of chip control are reportedly private. The Bloomberg report added that there is no plan for a public announcement of restrictions that will likely be implemented.</p>

<p>Earlier, reports had emerged saying that the Dutch and Japanese export controls against China, on the lines of Washington, may be finalised by the end of January.&nbsp;</p>

<p><strong>World Business Watch | <a href="https://www.wionews.com/videos/world-business-watch-netherlands-plans-curbs-on-china-chip-exports-541148">Netherlands plans curbs on China chip exports</a></strong></p>

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<p>The leaders of three countries, Prime Minister Fumio Kishida of Japan, Prime Minister Mark Rutte of the Netherlands and the US President Joe Biden had reportedly discussed the plans to impose export controls against China earlier in the month.</p>

<p>"I am fairly confident we will get there," Mark Rutte, the Netherlands Prime Minister was quoted as saying by Bloomberg from the sidelines of the World Economic Forum in Davos, Switzerland.&nbsp;</p>

<p><strong>What does it mean for China?</strong></p>

<p>The US has limited the exports of American-made machinery and has also restricted the US citizens from working with the Chinese chip maker companies.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;The semiconductor wars: US to announce fresh chip export restrictions to China</strong></p>

<p>The report by Bloomberg says that while Japan and the Netherlands may not go as far as the US restrictions against China, it will still make Beijing even more cut off from the technology to build the most advanced kinds of semiconductors once all three countries act in coordination.</p>

<p>The US has the world's biggest group of chip-gear makers. At the same time, the Netherlands-based companies control the market for a technology necessary in producing the electronic components. Japan, too, has companies that rival the US in chip-gear technology dominance. Without the three, Chinese companies may find it nearly impossible to build production lines for advanced chip manufacturing.</p>

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Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China. The officials from the United States, Denmark and Japan are scheduled to conclude talks to set new limitations to what can be supplied to the Chinese companies, Bloomberg reported.

Japan and the Netherlands are set to join the United States-led efforts in chip export controls on China. The officials from the United States, Denmark and Japan are scheduled to conclude talks to set new limitations to what can be supplied to the Chinese companies, Bloomberg reported. The talks between the three sides on the matter of chip control are reportedly private. The Bloomberg report added that there is no plan for a public announcement of restrictions that will likely be implemented. Earlier, reports had emerged saying that the Dutch and Japanese export controls against China, on the lines of Washington, may be finalised by the end of January. World Business Watch | Netherlands plans curbs on China chip exports × The leaders of three countries, Prime Minister Fumio Kishida of Japan, Prime Minister Mark Rutte of the Netherlands and the US President Joe Biden had reportedly discussed the plans to impose export controls against China earlier in the month. "I am fairly confident we will get there," Mark Rutte, the Netherlands Prime Minister was quoted as saying by Bloomberg from the sidelines of the World Economic Forum in Davos, Switzerland. What does it mean for China? The US has limited the exports of American-made machinery and has also restricted the US citizens from working with the Chinese chip maker companies. ALSO READ | The semiconductor wars: US to announce fresh chip export restrictions to China The report by Bloomberg says that while Japan and the Netherlands may not go as far as the US restrictions against China, it will still make Beijing even more cut off from the technology to build the most advanced kinds of semiconductors once all three countries act in coordination. The US has the world's biggest group of chip-gear makers. At the same time, the Netherlands-based companies control the market for a technology necessary in producing the electronic components. Japan, too, has companies that rival the US in chip-gear technology dominance. Without the three, Chinese companies may find it nearly impossible to build production lines for advanced chip manufacturing. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

With US efforts, The Netherlands, Japan close to limit chip exports to China: Report

<p>The Pakistani rupee fell to a historic low on Thursday at 255.43 rupees to a dollar. The latest fall of 24.11 Pakistani rupees came as Islamabad lifted the exchange cap to unlock a bailout from the International Monetary Fund (IMF).&nbsp;Exchange Companies Association of Pakistan President Zafar Paracha told AFP the cap was lifted on Wednesday "in consultation with the state bank".</p>

<p>Mohammad Sohail, the CEO of Topline Securities, told AFP: "Inflation is bound to rise further."</p>

<p>Pakistan is drastically short on foreign reserves owing to persistently rising demand for the dollar.</p>

<p><strong>ALSO WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-dispatch-pakistan-left-with-only-three-weeks-of-forex-cover-555235">WION Dispatch: Pakistan left with only three-weeks of forex cover</a></strong></p>

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<p>Reports citing Pakistani government officials suggest that the country&nbsp;is in dire economic straits. It is reportedly left with foreign exchange reserves enough to pay only around three weeks of imports. This, added with the burden of external debt, has made the Pakistani economic forecast the worst in recent history.</p>

<p>The Pakistani rupee recorded a 9.6 per cent decline, in the second-biggest drop in a single session, brokerage Topline Securities said, according to news agency AFP.</p>

<p><strong>Pakistani Rupee: Which was the previous low against the dollar?</strong>&nbsp;</p>

<p>Pakistan recorded a low of 240 rupees against a dollar in July 2022, at the height of devastating floods that the country faced.</p>

<p><strong>The state of Pakistan economy: How bad is it?</strong></p>

<p>Thousands of shipping containers packed with raw materials for industry, foodstuffs, and medical equipment are being held up at Karachi port because banks have refused to guarantee importers' dollar transactions. The country also suffered from a nationwide electricity outage earlier this week, linked to a cost-cutting measure, estimated to have cost the textile industry alone $70 million.<br />
<br />
Prime Minister Shehbaz Sharif, who ousted former Prime Minister Imran Khan Khan in a no-confidence vote earlier last year, has also been reluctant to meet loan conditions amid falling popularity and political volatility.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>

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The Pakistani rupee fell to a historic low on Thursday at 255.43 rupees to a dollar. The latest fall of 24.11 Pakistani rupees came as Islamabad lifted the exchange cap to unlock a bailout from the International Monetary Fund (IMF).

The Pakistani rupee fell to a historic low on Thursday at 255.43 rupees to a dollar. The latest fall of 24.11 Pakistani rupees came as Islamabad lifted the exchange cap to unlock a bailout from the International Monetary Fund (IMF). Exchange Companies Association of Pakistan President Zafar Paracha told AFP the cap was lifted on Wednesday "in consultation with the state bank". Mohammad Sohail, the CEO of Topline Securities, told AFP: "Inflation is bound to rise further." Pakistan is drastically short on foreign reserves owing to persistently rising demand for the dollar. ALSO WATCH | WION Dispatch: Pakistan left with only three-weeks of forex cover × Reports citing Pakistani government officials suggest that the country is in dire economic straits. It is reportedly left with foreign exchange reserves enough to pay only around three weeks of imports. This, added with the burden of external debt, has made the Pakistani economic forecast the worst in recent history. The Pakistani rupee recorded a 9.6 per cent decline, in the second-biggest drop in a single session, brokerage Topline Securities said, according to news agency AFP. Pakistani Rupee: Which was the previous low against the dollar? Pakistan recorded a low of 240 rupees against a dollar in July 2022, at the height of devastating floods that the country faced. The state of Pakistan economy: How bad is it? Thousands of shipping containers packed with raw materials for industry, foodstuffs, and medical equipment are being held up at Karachi port because banks have refused to guarantee importers' dollar transactions. The country also suffered from a nationwide electricity outage earlier this week, linked to a cost-cutting measure, estimated to have cost the textile industry alone $70 million. Prime Minister Shehbaz Sharif, who ousted former Prime Minister Imran Khan Khan in a no-confidence vote earlier last year, has also been reluctant to meet loan conditions amid falling popularity and political volatility. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Pakistani rupee slumps 9.6% to historic low against US dollar as nation seeks IMF bailout

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