COOKie LOOkie....
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Pakistan Is Not Collapsing!
- Thread starter RiazHaq
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airmarshal
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Our establishment used to tell us and we the idiots believed it that US promised us its naval fleet which never arrived. Establishment at time was lying naked with a woman licking liquor from her naked body on the night when East Pakistan was being surrendered. It does not tell us and nor do any one in media that establishment was hell bent on stopping Mujib from getting into power. Just like its doing with Imran. It was chain reaction to that decision by these corrupt generals which cost us the country. We will not let them repeat it this time!
These boneheaded PMA paindus are inebriated with power. Its us who are at fault. Who never questioned them objectively. Even now, there is a perception among begging elite that China will save us or we will woo USA back in the region, accept its geopolitical alignment it has chosen for us and in return we will get a few billion and some second hand weapons.
No one will save us. We dont deserve to saved anyway if we have ourselves chosen this path of destruction.
I think so too. Imran is too nice. Very determined but too nice.
Catalystic
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These corrupt chor politicians may not remain, but the country surely will. Its reached the bottom financially so from here on its only going up, wayyy up inshAllah.
Pakistan Zindabad.
Pakistan Zindabad.
SoulSpokesman
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@epebble
In the new world, Pakistan will import what it can based on the money it has.
Correct. Pakistan will have to ensure that both CAD and budgetary deficit are minimum. It will certainly result in 2-3 years of poor GDP growth but that will have to be swallowed. After that Pak can resume its growth trajectory.
Regards
In the new world, Pakistan will import what it can based on the money it has.
Correct. Pakistan will have to ensure that both CAD and budgetary deficit are minimum. It will certainly result in 2-3 years of poor GDP growth but that will have to be swallowed. After that Pak can resume its growth trajectory.
Regards
cricketrulez
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The Professor is acting with unseemly haste in exploiting food insecurity to make his political talking point.
VCheng
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Why do you presume there is a solution available? The present system is the solution. If Pakistan ever wants to improve its system, it can be done as a long drawn out process over decades, similar to what is has done for the past few decades, only in the opposite direction, in almost everything. And there is no indication whatsoever that there is any inclination to change direction.
COOKie LOOkie....
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You think this current system is the solution..lol
Yeah! we done here. bye!
VCheng
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That is okay by me. You can believe in any messiah you wish. Time will tell who is right. Bye.
#US: #Pakistan can buy #Russian #oil despite restrictions. “So, we have encouraged countries to take advantage of that, even those countries that have not formally signed on to the price cap, so that they can acquire oil in some cases at a steep discount"
The United States has reiterated that Pakistan can purchase oil from Russia at a discounted price even though it has not signed a Washington-backed price-cap on Russian petroleum products.
US State Department’s spokesperson Ned Price told reporters at a Tuesday afternoon news briefing that Pakistan can also take advantage of the concessions Washington has given to other countries for buying oil from Russia.
“So, we have encouraged countries to take advantage of that, even those countries that have not formally signed on to the price cap, so that they can acquire oil in some cases at a steep discount from what they would otherwise acquire from, in this case, Russia,” Mr Price said.
On December 3, 2022, G7 and EU countries set a price-cap of $60 per barrel on Russian oil to prevent Moscow from using the revenues to finance its war against Ukraine.
Since, Europe and the United States no longer import crude oil from Russia, the controlled purchase would only affect third countries, like Pakistan. Islamabad has not yet signed the accord, mainly because Pakistan does not import oil from Russia.
Mr Price said the US approach to the purchase of oil from Russia has been laid out in the price-cap mechanism that it worked out with other countries around the world, including the G7.
“And the virtue of the price cap is that it allows energy markets to continue to be resourced while depriving Moscow of the revenue it would need to continue to propagate and fuel its brutal war against Ukraine,” the US official said.
“We have made the point that we have very intentionally not sanctioned Russian oil. Instead, it’s now subject to the price cap.” The US, he said, has been very clear that now was not the time to increase economic activity with Russia.
“But we understand the imperative of keeping global energy markets well resourced, well supplied, and the price-cap, we believe, provides a mechanism to do that,” he added.
On Friday, Minister for Economic Affairs Ayaz Sadiq, and Russia’s Energy Minister Nikolay Shulginov said at a joint news conference in Islamabad that they hope to sign an oil deal by late March, enabling Pakistan to buy Russian oil at discounted rates.
A joint statement issued after their talks said that the two sides reached an in-principle agreement on the supply of Russian crude oil and oil products to Pakistan, with technical details to be finalised in March at the latest.
“We have decided that it would be a good idea for Pakistan to approach Gazprom and Novatek, two largest LNG-producing companies, in late 2023 to discuss the conditions” for buying LNG, the Russian minister said.
Energy-starved Pakistan imports approximately 430,000mt of motor gasoline, 200,000mt diesel and 650,000mt crude oil at a cost of $1.3 billion per month.
Market observers earlier this month warned Pakistan may face fuel shortages in the near future as importers struggle to secure dollars to close deals. The country’s foreign exchange reserves have dwindled to their lowest levels in almost nine years.
Buying oil from Russia at a discounted price could ease the pressure.
Pakistan can buy Russian oil despite restrictions, says US
"Pakistan can also take advantage of the concessions US has given to other countries for buying oil from Russia," says Price.
www.dawn.com
The United States has reiterated that Pakistan can purchase oil from Russia at a discounted price even though it has not signed a Washington-backed price-cap on Russian petroleum products.
US State Department’s spokesperson Ned Price told reporters at a Tuesday afternoon news briefing that Pakistan can also take advantage of the concessions Washington has given to other countries for buying oil from Russia.
“So, we have encouraged countries to take advantage of that, even those countries that have not formally signed on to the price cap, so that they can acquire oil in some cases at a steep discount from what they would otherwise acquire from, in this case, Russia,” Mr Price said.
On December 3, 2022, G7 and EU countries set a price-cap of $60 per barrel on Russian oil to prevent Moscow from using the revenues to finance its war against Ukraine.
Since, Europe and the United States no longer import crude oil from Russia, the controlled purchase would only affect third countries, like Pakistan. Islamabad has not yet signed the accord, mainly because Pakistan does not import oil from Russia.
Mr Price said the US approach to the purchase of oil from Russia has been laid out in the price-cap mechanism that it worked out with other countries around the world, including the G7.
“And the virtue of the price cap is that it allows energy markets to continue to be resourced while depriving Moscow of the revenue it would need to continue to propagate and fuel its brutal war against Ukraine,” the US official said.
“We have made the point that we have very intentionally not sanctioned Russian oil. Instead, it’s now subject to the price cap.” The US, he said, has been very clear that now was not the time to increase economic activity with Russia.
“But we understand the imperative of keeping global energy markets well resourced, well supplied, and the price-cap, we believe, provides a mechanism to do that,” he added.
On Friday, Minister for Economic Affairs Ayaz Sadiq, and Russia’s Energy Minister Nikolay Shulginov said at a joint news conference in Islamabad that they hope to sign an oil deal by late March, enabling Pakistan to buy Russian oil at discounted rates.
A joint statement issued after their talks said that the two sides reached an in-principle agreement on the supply of Russian crude oil and oil products to Pakistan, with technical details to be finalised in March at the latest.
“We have decided that it would be a good idea for Pakistan to approach Gazprom and Novatek, two largest LNG-producing companies, in late 2023 to discuss the conditions” for buying LNG, the Russian minister said.
Energy-starved Pakistan imports approximately 430,000mt of motor gasoline, 200,000mt diesel and 650,000mt crude oil at a cost of $1.3 billion per month.
Market observers earlier this month warned Pakistan may face fuel shortages in the near future as importers struggle to secure dollars to close deals. The country’s foreign exchange reserves have dwindled to their lowest levels in almost nine years.
Buying oil from Russia at a discounted price could ease the pressure.
Skull and Bones
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#US: #Pakistan can buy #Russian #oil despite restrictions. “So, we have encouraged countries to take advantage of that, even those countries that have not formally signed on to the price cap, so that they can acquire oil in some cases at a steep discount"
Pakistan can buy Russian oil despite restrictions, says US
"Pakistan can also take advantage of the concessions US has given to other countries for buying oil from Russia," says Price.www.dawn.com
The United States has reiterated that Pakistan can purchase oil from Russia at a discounted price even though it has not signed a Washington-backed price-cap on Russian petroleum products.
US State Department’s spokesperson Ned Price told reporters at a Tuesday afternoon news briefing that Pakistan can also take advantage of the concessions Washington has given to other countries for buying oil from Russia.
“So, we have encouraged countries to take advantage of that, even those countries that have not formally signed on to the price cap, so that they can acquire oil in some cases at a steep discount from what they would otherwise acquire from, in this case, Russia,” Mr Price said.
On December 3, 2022, G7 and EU countries set a price-cap of $60 per barrel on Russian oil to prevent Moscow from using the revenues to finance its war against Ukraine.
Since, Europe and the United States no longer import crude oil from Russia, the controlled purchase would only affect third countries, like Pakistan. Islamabad has not yet signed the accord, mainly because Pakistan does not import oil from Russia.
Mr Price said the US approach to the purchase of oil from Russia has been laid out in the price-cap mechanism that it worked out with other countries around the world, including the G7.
“And the virtue of the price cap is that it allows energy markets to continue to be resourced while depriving Moscow of the revenue it would need to continue to propagate and fuel its brutal war against Ukraine,” the US official said.
“We have made the point that we have very intentionally not sanctioned Russian oil. Instead, it’s now subject to the price cap.” The US, he said, has been very clear that now was not the time to increase economic activity with Russia.
“But we understand the imperative of keeping global energy markets well resourced, well supplied, and the price-cap, we believe, provides a mechanism to do that,” he added.
On Friday, Minister for Economic Affairs Ayaz Sadiq, and Russia’s Energy Minister Nikolay Shulginov said at a joint news conference in Islamabad that they hope to sign an oil deal by late March, enabling Pakistan to buy Russian oil at discounted rates.
A joint statement issued after their talks said that the two sides reached an in-principle agreement on the supply of Russian crude oil and oil products to Pakistan, with technical details to be finalised in March at the latest.
“We have decided that it would be a good idea for Pakistan to approach Gazprom and Novatek, two largest LNG-producing companies, in late 2023 to discuss the conditions” for buying LNG, the Russian minister said.
Energy-starved Pakistan imports approximately 430,000mt of motor gasoline, 200,000mt diesel and 650,000mt crude oil at a cost of $1.3 billion per month.
Market observers earlier this month warned Pakistan may face fuel shortages in the near future as importers struggle to secure dollars to close deals. The country’s foreign exchange reserves have dwindled to their lowest levels in almost nine years.
Buying oil from Russia at a discounted price could ease the pressure.
The time to buy oil was in 2022, when you could have saved up a significant foreign reserve. But Pakistan choose to support NATO by supplying weapons to Ukraine. Even if Russia is willing to sell crude at a discounted price, where is the forex required?
This fker should be deported to India to lick modi's balls
Majority of the Pakistanis are too thick economically to think. While they harped about Russian support for India they took a double-barrel rifle to their feet; long-term thinking isn’t a strong Pakistani trait. Same with India, however, you have some screwed Hindus - chutiyas for sure by nature - but it’s served India well.
Skull and Bones
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*shrewd.
Thanks. Was typing on phone.
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