Thousands fall ill in eastern Pakistan due to heavy smog, forcing closure of schools, markets, parks November 09, 2023 at 12:11AM

Toxic gray smog has sickened tens of thousands of people in Pakistan's cultural capital of Lahore, forcing authorities to shut schools, markets and parks for four days, officials said Thursday. The decision came after the country's second-largest city was repeatedly ranked the world's most polluted city. Doctors advised people to wear face masks and stay at home. Residents said many people were coughing and having breathing problems. Experts say the burning of crop residue at the start of the winter wheat-planting season is a key cause of the pollution.

Saudi says climate policy should not 'crush' less powerful November 08, 2023 at 11:57PM

Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, has stated that policies to address climate change should not harm countries struggling with energy poverty. He emphasized the need to assist the 800 million people worldwide who lack reliable access to electricity. While Saudi Arabia aims for net zero emissions by 2060, the country argues that investments in hydrocarbons are necessary for energy stability. Prince Abdulaziz criticized the poor results of financial support provided to countries affected by climate change and suggested a bilateral approach to climate finance.

Pakistan seeks USD 600 million in fresh loans from two Chinese banks to bridge financing gap: Reports November 08, 2023 at 11:27PM

Pakistan has requested fresh loans totaling $600 million from two Chinese banks, as it negotiates with the IMF for the release of the second tranche of a $3 billion bailout package. The government is in advanced negotiations with the Industrial and Commercial Bank of China and the Bank of China, with each bank being approached for $300 million in financing. These loans are expected to be received by next month. China has become Pakistan's last hope for emergency financing in recent years.