Latest news with #602
Express Tribune
15-03-2025
- Business
- Express Tribune
Gold prices skyrocket in Pakistan as global trade war sparks inflation
Listen to article In response to the US imposing tariffs ranging from 10 to 25 percent on imports from China, Europe, and Mexico, these countries have retaliated by imposing their own tariffs on US imports, triggering a new wave of global inflation. Amidst this inflationary trend, a growing shift towards gold investment has been observed worldwide, as investors look to protect their capital. This surge in demand has driven gold prices to unprecedented levels, both globally and in Pakistan. Over the past week, the price of gold per ounce rose by $74, reaching a new record high of $2,984. As a result, gold prices in local markets also saw a significant increase, with the price of one tola rising by Rs7,700. This increase has pushed the price of one tola of gold to a historic high of Rs313,700, while the price of 10 grams of gold has surged by Rs6,602, reaching Rs268,947. In addition, silver prices also saw a rise during the week, with the price of one tola increasing by Rs142 to Rs3,530, and the price of 10 grams rising by Rs122 to Rs3,026. In the midst of this new global trade war, countries such as Russia, China, and India, along with others, are converting their foreign exchange reserves from dollars into gold. This shift comes from concerns that the strengthening of the dollar could lead to the devaluation of their own currencies. Several countries are selling off their dollar reserves to purchase gold in an effort to reduce the dollar's influence on their economies, while some influential nations are also planning to introduce a new global currency as an alternative to the dollar.
Yahoo
14-03-2025
- Politics
- Yahoo
TN must protect victims of non-consensual recordings. This is digital assault.
As a lawmaker, one of my core responsibilities is to listen to the concerns of my community and take meaningful action to address the issues that affect the lives of everyday people. In Tennessee, one of those issues has been the growing concern over non-consensual recordings, particularly in the context of intimate relationships. Women have become victims of a disturbing and invasive crime. That's why House Bill (HB) 602 was introduced, the "Voyeurism Victims Act," a bill designed to provide more justice for victims of hidden cameras and unauthorized recordings. This legislation was born from the stories of women who were secretly recorded during intimate moments − women like Erika Thomas, who was unable to seek justice because the statute of limitations had already passed. By the time Erika discovered she had been recorded, the legal window for prosecution had closed. This is a reality that far too many victims face in our digital age, where technology makes it easier to commit such offenses but harder to hold offenders accountable once the damage is done. HB 602 aims to change that by addressing the statute of limitations. Under current law, the clock starts ticking on the statute of limitations when the crime occurs, not when the victim learns they've been harmed. In cases of non-consensual recording, victims often have no idea they've been filmed until years later. Our bill changes the law so that the statute of limitations starts when the victim discovers the crime, not when it happens. This simple change will ensure that those who violate people's privacy will not escape justice simply because the victim was unaware of the crime until much later. In addition to extending the statute of limitations, HB 602 also proposes that offenders who target multiple victims should face stronger legal penalties. The bill would classify these offenses as an E felony if there are multiple victims involved. This stronger penalty reflects the severity of the crime and sends a clear message that we will not tolerate the exploitation of women, or anyone for that matter, through hidden cameras or non-consensual recordings. Opinion: Federal funding for victims services is drying up. Tennessee must fill the gap. By making it a felony offense, we increase the legal consequences for offenders, deterring future violations and protecting victims in the process. Some might ask why this issue requires such urgent attention. The answer is simple: technology is advancing, and so are the ways in which criminals exploit it. With the advent of smartphones, smart devices, and hidden cameras, it's easier than ever for perpetrators to invade someone's privacy without their knowledge. Women who were once vulnerable to physical assault now find themselves at risk of digital assault − an invisible, often more insidious violation. When these videos go viral, when they circulate on the internet, they leave a permanent scar on the victim's life. The damage to their reputation, sense of safety, and personal well-being can be devastating. Opinion: Sign up for the Tennessee Voices newsletter showcasing opinion across the Volunteer State This bill isn't just about punishment − it's about empowerment. It's about giving victims the legal tools they need to seek justice, even if they only learn about the crime years after it was committed. It's about acknowledging that privacy is a fundamental right, and that no one should ever have to fear being secretly recorded during intimate moments. By supporting HB 602, we are standing up for those who have been harmed and ensuring that those who would commit these crimes cannot hide behind the technology they misuse. Finally, I want to emphasize that HB 602 is about more than just changing the law; it's about giving victims a voice. As Erika Thomas told us, she felt empowered by her decision to testify, even though she couldn't press charges. She chose to speak out not just for herself but for other women who might be suffering in silence. I believe that HB 602 is a critical step forward in ensuring that victims of non-consensual recordings are given the protections and opportunities for justice they deserve. It's a step toward a safer, more accountable future for everyone. State Rep. Bob Freeman, D-Nashville, represents House District 56 in the Tennessee General Assembly. Bob Freeman is also the president of Freeman Webb Company in Nashville, Tenn., a full-service real estate investment and management firm that specializes in the acquisition, management and rehabilitation of multi-family residential and commercial properties. This article originally appeared on Nashville Tennessean: Non-consensual recording victims need Tennessee's protection | Opinion
Express Tribune
26-02-2025
- Business
- Express Tribune
Gold prices drop for 2nd day in a row
Listen to article Gold prices in Pakistan dropped for the second consecutive day, following a decline in international gold rates. In the local market, the price of gold per tola fell by Rs2,400 on Wednesday, bringing it down to Rs306,300. Similarly, the price of 10-gram gold decreased by Rs2,058, settling at Rs262,602, according to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Tuesday, the price of gold per tola had already declined by Rs800. Internationally, gold prices also saw a downturn, with APGJSA reporting a rate of $2,916 per ounce (including a $20 premium), reflecting a $24 drop in the day's trading. "The gold market has been relatively lacklustre," said Adnan Agar, Director at Interactive Commodities. He noted that the market had briefly touched a low of $2,890 before stabilising at $2,905, with the day's high recorded at approximately $2,930. The trend appeared to be downward unless a reversal occurred. He also mentioned that the geopolitical landscape, including a potential Ukraine peace deal, could influence gold prices in the coming days. Globally, gold prices eased on Wednesday after a recent record rally, as investors awaited inflation data later this week and the latest developments on US President Donald Trump's tariff plans. Spot gold fell 0.7% to $2,894.55 an ounce as of 1444 GMT. US gold futures fell 0.4% to $2,908.10. On Tuesday, Trump ordered a probe into potential tariffs on copper imports to rebuild US production of a metal critical to electric vehicles, military hardware, the power grid, and many consumer goods. Meanwhile, the Pakistani rupee saw a slight appreciation, rising by 0.02% against the US dollar in the inter-bank market on Wednesday. By the end of the trading session, the rupee stood at 279.62, marking a gain of 5 paisa compared to the previous day's closing rate of 279.67.
