In Pakistan, 1 litre petrol costs 237 now as inflation soars amid floods

The fluctuating global oil prices and exchange rate variation has been cited as reasons by Pakistan government  for the hike in prices of petroleum products.  The new petrol  rates in the country have increased to PKR 237.43 per litre. It’s been increased by 1.45 per litre. It’s by 8.30 per litre the price of…

Tropical Storm Nicholas threatens Gulf Coast with heavy rain

Tropical Storm Nicholas headed toward the Texas coast Monday, threatening to bring heavy rain and floods to coastal areas of Texas, Mexico and storm-battered Louisiana. Forecasters at the National Hurricane Center in Miami said a hurricane watch was issued for the central portion of the Texas coast with much of the…