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On June 27 local time, French President Emmanuel Macron stated that France cannot accept a tariff agreement that is not equivalent to its own interests. He emphasized that France “must use all means to respond to the U.S. tariff measures” and supports reaching a “rapid and pragm...Read more »
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The resolution of the Iran-Israel conflict will significantly influence international oil prices, primarily through the dissipation of geopolitical risk premiums, the repricing of supply-demand fundamentals, and market reassessment of future risks. Below is a detailed analysis: 1. Short-Term Oil ...Read more »
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an analysis of how the Iran-Israel conflict impacts oil prices, incorporating key geopolitical and market dynamics: 1. Immediate Price Volatility Supply Disruption Fears: Any escalation (e.g., direct strikes, blockades) triggers panic buying. Iran produces ~3.3 million barrels per day (bpd) and...Read more »
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The U.S. Department of Commerce announced in a notice on Thursday that starting from June 23, the Trump administration will impose a 50% import tariff on household appliances containing steel components. The newly added taxable items include common household devices such as washing machines, dish...Read more »
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Voltage: The standard mains voltage in Pakistan is 230 Volts (V). While the nominal standard is 230V, it’s common to encounter fluctuations, and voltages in the range of 220V to 240V are generally acceptable for most modern appliances. Significant deviations outside this range can ...Read more »
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Plug Types: Type A: Two flat, parallel pins (North American standard). Most common. Type C: Two round pins (European standard). Very common, especially in newer buildings, hotels, and areas with 220V. Less Common: Type B (Type A + ground pin) is occasionally found, especially on higher-p...Read more »
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The EU member states have voted to restrict imports of Chinese medical devices under the International Procurement Instrument (IPI) to counter what they claim as Beijing’s “discrimination” against foreign manufacturers in public procurement. Under the IPI, Chinese companies will...Read more »
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Plug Types: Type A: Two flat, parallel pins (ungrounded). This is very common, especially in older buildings. Type B: Two flat, parallel pins + a round grounding pin. This is the modern standard and increasingly common, especially in new construction and for appliances requiring grounding. Vo...Read more »
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US President Trump said that from June 4, the tariffs on imported steel and aluminum in the United States would be raised from the current 25% to 50%. A spokesman for the European Commission expressed strong regret over this and said that the EU was ready to implement counter – measures. Th...Read more »