– Europe’s Energy Crisis Leaves Almost All Of Pakistan Without Power:
- Pakistan faced an almost nationwide power outage on Monday.
- A significant energy shortage is one of the main drivers of the nation’s current economic crisis.
- The energy crisis in Europe has made Pakistan vulnerable to high fuel prices.
The long-awaited winter energy crisis has finally hit…but it wasn’t in Europe after all. On Monday, almost the entirety of Pakistan was left without power when a misguided energy saving strategy by the government backfired. Runaway inflation, a severely weakened currency, and rapidly emptying foreign exchange reserves have left Pakistan on the brink of economic collapse. The country of 230 million people is plagued by overdue energy payments, and was seeking to cut costs by lowering energy use when the plan went off the rails, leaving people across the country without power or water for more than 12 hours.
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