Petrol pumps shut down over money scarcity

A number of petrol stations in protest-hit Lebanon stopped providers Saturday, as reserves ran dry because of a scarcity of US {dollars} to pay suppliers, a syndicate head mentioned.

The shuttering of petrol stations got here as demonstrators once more took to the road throughout the nation, maintaining their three-week-long motion in opposition to a political class considered inefficient and corrupt.

“The petrol stations that opened in the present day are those that also have reserves. They may shut down as quickly as provide runs out,” mentioned Sami Brax, the pinnacle of the Syndicate of Fuel Station Homeowners.

He mentioned if officers don’t facilitate entry to {dollars} by Tuesday, “we can be compelled to cease imports and shut down all petrol stations.”

Petrol stations obtain fee from clients in Lebanese kilos however must pay importers and suppliers in {dollars}.

For twenty years, the Lebanese pound has been pegged to the US greenback, with each currencies used interchangeably in every day life.

However banks have been decreasing entry to {dollars} for the reason that finish of the summer time, following fears of a scarcity in central financial institution greenback reserves.

In latest days, banks halted all ATM withdrawals in {dollars} and severely restricted conversions from Lebanese kilos.

Many Lebanese have needed to as a substitute purchase {dollars} from cash changers at a better change charge, in what quantities to a de-facto devaluation of the native forex that has sparked worth hikes.

The official change charge has remained fastened at 1,507 Lebanese kilos to the greenback, however the charge within the parallel market has surpassed 1,800.

“The banks are underneath strain from individuals, each inside Lebanon and overseas,” mentioned economist Naseeb Ghabreel, after many rushed to withdraw their greenback financial savings or convert Lebanese pound accounts.

Since September, petrol station homeowners have accused banks of failing to offer them with the {dollars} they want and threatened strikes.

In response, the central financial institution final month pledged to facilitate entry to the dollar for importers of petroleum merchandise, wheat and drugs.

However the measure has not but gone into impact.

Lebanon has since October 17 witnessed an unprecedented widespread rebellion in opposition to every thing from energy cuts and poor social safety to alleged state corruption.

The federal government yielded to widespread strain and stepped down final month, with the World Financial institution urging for the short formation of a brand new cupboard to forestall the economic system from additional deteriorating.

Feedback

feedback



picture supply

three member medical board to conduct second post-mortem on Salahuddin

RAHIM YAR KHAN: Investigators within the custodial loss of life of Salahuddin have determined upon a second post-mortem of the useless, the physique of the deceased might be recovered from the grave tomorrow morning, ARY Information reported on Friday.

A medical board has been constituted on this regard, the board consists of three members and might be beneath the direct supervision of the medico-legal advisor, Punjab.

Forensic reviews have confirmed that the deceased Salahuddin confronted bodily torture earlier than loss of life following the presence of marks on his arm and left a part of his abdomen.

Learn Extra: PM Khan appoints new DPO Kasur, orders ‘large overhaul’ in native police

The newest forensic report was launched on September 17 because the probe restarted over the demand of the deceased household beneath new the investigation officer (IO) within the custodial loss of life case.

The investigation crew had submitted samples from the scene of the crime for an intensive probe to the forensic laboratory on September 16 (yesterday).

The report said that Salahuddin was subjected to bodily torture earlier than his loss of life as torture marks are current on his arm and left portion of the abdomen, whereas, blood clots are additionally discovered on the opposite elements of his physique as a consequence of torture.  It is usually said that the deceased particular person was additionally affected by a respiratory illness.

Learn Extra: Senate panel on human rights expresses concern over Salahuddin’s loss of life

Nonetheless, the report from the medical board has not talked about the rationale for loss of life.

It’s pertinent to notice right here that the household of Salahuddin, a suspected ATM thief who died in police custody, had not appeared earlier than a choose finishing up a judicial inquiry into his custodial loss of life.

A lawyer, representing the dad and mom of the deceased, had stated on September 11 that they’d rejected an post-mortem report of their son and moved an software for the exhumation of the physique for autopsy afresh.

Learn Extra: Decide appointed to probe Salahuddin’s loss of life in police custody

Later, the investigation had restarted beneath a new Investigation Officer (IO) on September 12 as Deputy Inspector-Basic (DIG) Zulfikar Hameed was handed over the duty to proceed with the probe.

Salahuddin had been arrested when he was recognised by safety officers in Rahim Yar Khan final month after the video of him making an attempt to steal from the ATM and sticking his tongue out on the digicam went viral.

Feedback

feedback



picture supply

Faisalabad man caught on CCTV making a face after breaking into ATM machine

FAISALABAD: CCTV footage emerged on Thursday exhibiting a person hacking into an automatic teller machine (ATM) machine of a non-public financial institution within the Kachehri Bazar space of Faisalabad, ARY Information reported.

Based on particulars, the alleged thief broke into the ATM machine and made off with a number of ATM playing cards.

He’s additionally claimed to have stolen an quantity of Rs64,000 from the ATM.

Based on the CCTV footage out there with ARY Information, he may be seen making a face whereas staring right into a CCTV digital camera and the ATM display.

Following the incident, a citizen, Samiullah, submitted an software to the police station related searching for registration of an FIR towards the thief however no motion has been taken but.

Feedback

feedback



picture supply

Lahore man robbed at an ATM machine- Samaa Digital

Police are searching for the culprits

Two robbers disadvantaged a person in Lahore of his cellphone, pockets and cash whereas he was withdrawing cash from an ATM machine in Lahore’s Inexperienced City on Might 13.

CCTV footage confirmed two males coming into a financial institution with weapons and snatching his cash and different valuables from him at gunpoint.

Police have registered a case and are searching for the suspects.

Comply with SAMAA English on FacebookTwitter, and Instagram.

 

 

 

 

7 hours in the past

7 hours in the past

1 day in the past

1 day in the past

three days in the past

three days in the past

 

 

Powered by google ai!