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Unusual RLNG price drives up electricity cost

ISLAMABAD: The cost of regasified liquefied natural gas (RLNG)-based power generation surged by record 242 per cent to Rs47.4 per unit in July, from less than Rs14 in April, after the government purchased five expensive cargoes from the spot market in the month due to the suspension of supplies from Qatar following the US-Iran war. Chiefly because of LNG factor, the power companies have sought a…

Unusual RLNG price drives up electricity cost

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Trump pauses 50pc Canada tariffs for three days

US President Donald Trump paused the planned rollout of new tariffs on some Canadian goods late on Tuesday, after negotiations between both countries that went down to the wire.

  • US President Donald Trump temporarily halted 50% tariffs on Canadian goods.
  • The pause lasted for three days, according to Trump's statement on Truth Social.
  • The decision came after negotiations to avoid the tariffs affecting $20 billion in Canadian exports.

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