inflationhit – ThePakistanInsights.com

Singapore’s ShopBack rewards app scoops up inflation-hit consumers

June 11, 2025

Japan and EU to elevate ties, explore joint rare-earths procurement
BRUSSELS/TOKYO — Japan and the European Union will launch a new “economic two-plus-two” dialogue to bring together their foreign and economy ministers, Nikkei has learned. The parties will consider joint public-private partnerships aimed at reducing reliance on China in such areas as procurement of rare-earth elements.
Teen arrested in connection with Maine paddleboarder’s murder
A 17-year-old boy has been arrested in connection with the mysterious killing of a paddleboarder in Maine earlier this month, police said on Thursday. The Maine State Police said in a press release that the teenager, whose name was not disclosed, was arrested without incident at approximately 10:30 p.m. on Wednesday in connection with the…
Trump Justice Department seeks one day in prison for ex-officer in Breonna Taylor case
WASHINGTON — The Justice Department is seeking no prison time for a former officer who blindly shot into Breonna Taylor’s home during a botched 2020 raid that sparked a federal inquiry into policing in Louisville, Kentucky. Brett Hankison, a former Louisville Metro Police Department detective whose shots did not strike Taylor, was convicted of deprivation…
US solar panel makers request tariffs on Indonesia, Laos and India
NEW YORK — A coalition of U.S. solar manufacturers petitioned the federal government on Thursday to impose tariffs on imports from four Asian countries, a move targeted at Chinese and Indian companies. First Solar and three other manufacturers say companies in Indonesia, Laos and India are dumping solar cells in the U.S. market at prices…
US tariff receipts soar to $87bn, emerge as stable revenue
WASHINGTON — U.S. tariff revenues soared to $87.2 billion in the Janu-June half, government figures show, reaching a scale that could make it politically difficult to reduce or repeal them even under a new president. Tariff revenues have surged since President Donald Trump’s “reciprocal” duties were imposed in April, reaching $26.6 billion in June alone,…
Immigrant father in the U.S. for 30 years is challenging warrantless ICE arrests
A Chicago father who has lived in the United States for about 30 years and has no criminal record has become a prime example of the kind of immigrants being swept up without warrants by Immigration and Customs Enforcement as the Trump administration seeks to increase deportation numbers, according to immigration advocates who say the…
Yamaha YBR 125 and other bike prices surge in Pakistan after new taxes
Yamaha YBR 125 and other bike prices surge in Pakistan after new taxes Yamaha has increased the prices of its motorcycles, following the lead of Honda and other car makers, after new taxes were introduced in the 2025-26 federal budget. One of the new measures includes a New Energy Vehicle (NEV) levy that applies to…
Mitsubishi Motors to debut hybrids in US and Canada this year
TOKYO — Mitsubishi Motors will begin selling hybrid models in the U.S. and Canada for the first time near the end of 2025, the Japanese automaker announced Thursday, changing its Outlander sport utility vehicle from gasoline to hybrid with the 2026 model year. This shift comes in response to a sluggish electric vehicle market coupled…