Bilal Bin Saqib: Policies need to be pushed forward at a computational speed

When asked whether the Bank of Japan should continue to raise interest rates, US Treasury Secretary Besson stated that he would not intervene in the Bank of Japan's decision-making.

[Middle East Tensions Escalate, U.S. Strikes Iran's Larak Island] According to Jinshi Data, an oil tanker was attacked in the Strait of Hormuz. The U.S. military launched strikes on Iran's southern Larak Island to disrupt the Iranian Revolutionary Guard's mine-laying operations. The Iranian Revolutionary Guard claimed to have fired missiles at U.S. military bases. Explosions were reported in Jordan. Greece is negotiating a $3.4 billion air defense agreement with Israel. Senior U.S. military officials advised Defense Secretary Hegseth that large-scale military operations against Iran would be difficult to sustain long-term. A senior Syrian official visited Libya, while Pakistan announced that the first meeting of the Mecca Agreement Strategic Political and Defense Committee would be held in Istanbul on the same day.

Affected by the resumption of military strikes by the United States and Iran, Brent crude oil prices have rebounded to over $90. （Watcher.Guru）

According to the Seoul Economic Daily, the Bank of Korea has warned that the income growth of businesses and households brought about by the semiconductor boom will translate into consumption, and inflationary pressure will rise again. The rise in semiconductor export prices has boosted purchasing power, and the Bank of Korea has determined that accelerated consumption will lead to demand exceeding existing supply capacity. The Bank of Korea believes that demand side price pressure is one of the reasons for the recent consecutive interest rate hikes.

Bilal Bin Saqib, Chairman of Pakistan's Virtual Asset Regulatory Authority, stated that policies must be pushed forward at a computational speed, not at the speed of committees, to keep up with technological advancements.