Day: July 10, 2024
June 2024 recorded as hottest globally, beating 2023 high
PARIS: Last month was the hottest June on record across the globe, the EU’s climate monitor said on Monday, capping half a year of wild and destructive weather from floods to heatwaves. Every month since June 2023 has eclipsed its own temperature record in a 13-month streak of unprecedented global heat, the Copernicus Climate Change Service (C3S) said. “This is more than a statistical oddity and it highlights a large and continuing shift in our climate,” said the service director, Carlo Buontempo.
IMF conditions: Govt planning to tax agriculture income, says Zardari
LAHORE: President Asif Ali Zardari has called for adopting a holistic approach and prudent financial policies to put the country on the path to development. He said different sectors of the economy, especially the agricultural sector, needed to be developed along modern lines. The government is planning to tax agricultural income as per the International Monetary Fund conditions, however, the provincial governments would be leading the initiative to tax large landholding farmers in accordance with their profitability and expenditures. The president gave these remarks while addressing the Professor Waris Mir…