Miracle 573-June 17, 2022

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Volume 22- Issue 573 - June 17,1443 -Zul Qaddah 17,1443 H, $1 www.miraclenews.com BC, CANADA First Muslim

Biweekly & Bilingual

THE 03 07 15

Islam Teaches the love of Animals 5 Tips for staying Motivated 8 Ways to boost your Confidence!

community and 10Muslim Local Medias did rally

Peer Afzal condemns 10the desrespect comments Muslim community and 1 Local Medias did rally

06 North Korea reports 06 08

another infectious ‘Govt left with no choice’: PM Shehbaz Suspect confesses, leads police to buried

Housing market slowdown continues, with These countries have opened their doors average selling price down 13% since February to unvaccinated tourists from Canada

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he federal government will be lifting vaccine mandates for air travel as of June 20, allowing unvaccinated travellers to fly for the first time since October 2021. But not all destinations are accessible to unvaccinated travellers, as some countries, such as the United States and Australia, still require foreign tourists to present

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anada’s housing market continued to cool down from its red-hot pandemic pace in May, with the average price of a Canadian home that sold during the month going for $711,000, a decline of more than $100,000 in the past three months.While May is

proof of being fully vaccinated. Other countries may impose quarantine or testing requirements for unvaccinated tourists. Canada also requires unvaccinated Canadian citizens and permanent residents returning home to quarantine for 14 days and have a pre-entry COVID-19 test result, followed by tests on arrival. Source: ctvnews.ca

typically a strong month for home sales, the Canadian Real Estate Association (CREA) said Wednesday that the volume of homes that sold fell precipitously during the month, down by 20 per cent compared with the same period a year ago.The Continue at page 5

U.S. central bank hikes interest rate Canada’s inflation rate likely to rise by biggest amount since 1994 The Federal Reserve has raised its benchmark interest rate by 75 basis points in effort to rein in inflation. he Federal Reserve has raised its benchmark interest rate by 75 basis points to a range of up to 1.75 per cent, its most aggres-

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entral banks cut their rates when they want to stimulate the economy by encouraging people and businesses to borrow and invest. And they raise their rates when they want to make borrowing more expensive, to try to

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cool down an over-heated economy. That’s an apt description of economies around the world right now, as the cost of living is going up at its fastest pace in decades. Canada’s inflation rate is at a 31-yearContinue at page 5

Miftah delivers third fuel price shock in 20 days

SLAMABAD: The government raised fuel prices by up to 29 per cent on Wednesday, removing fuel subsidies in an attempt to trim the fiscal deficit and secure critical support from the International Monetary Fund (IMF). This is the third cut in fuel subsidies in about 20 days. The prices of highspeed diesel (HSD), petrol, kerosene and light diesel oil (LDO) have gone up by a massive 83pc, 56pc, 73pc and 68.4pc, respectively, since May 26. The ex-depot price of petrol now stands at Rs233.89 per litre, HSD Rs263.31, kerosene Rs211.43, and LDO Rs207.47. Speaking at an unscheduled news con-

ference with Minister of State for Petroleum Musadik Malik, Finance Minister Miftah Ismail said the price increase was inevitable “to save the country from the default”. Petrol, diesel to cost Rs24, Rs59 more, respectively; all fuel Continue at page 5

sive hike in almost 27 years, as the U.S. central bank scrambles to rein in runaway inflation. The bank’s rate, known as the federal funds rate, impacts the rates that borrowers and savers get from banks, most notably variable rate mortgages. The bank had been expected to raise its rate by half a percentage point, but those expectations were ratcheted up in recent days as data showed the U.S. inflation rate has yet to peak, touching 8.6 per cent in the year up to May. Continue at page 5

North Korea reports another infectious disease outbreak amid battle against COVID-19

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EOUL - North Korea has reported an outbreak of an unidentified intestinal epidemic on Thursday, potentially adding to strains on the isolated country’s healthcare system which is battling an unprecedented COVID-19 wave. North Korean leader Kim Jong Un sent medicines to the western port city of Haeju on Wednesday to help patients suffering from the “acute enteric epidemic” as soon as possible, according to the North’s state media KCNA. It did not report the number of

people affected, or elaborate what the disease was, but enteric refers to the gastrointestinal tract. ”(Kim) stressed the need to contain the epidemic at the earliest date possible by taking a well-knit measure to Continue at page 5


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Miracle 573-June 17, 2022 by Mohammad Naseer Pirzada - Issuu