Deluge: greed for opportunities

[In Pakistan since the 1950s to date, we have faced almost three dozen flash flooding but unfortunately we have not learnt any lesson to prepare ourselves to cope with future devastation – neither by the Planning Commission and policymakers nor as a nation. What we have seen in so-called "crisis management" on the ground during … Read more

Denmark bans all civilian drone flights this week due to EU summit: ministry

Copenhagen. Denmark will ban all civilian drone flights across the country this week to ensure security as Copenhagen hosts an EU summit gathering heads of government, the transport ministry said Sunday. Mysterious drone sightings across Denmark since September 22 have prompted the closure of several airports, with Denmark hinting at possible Russian involvement, charges Moscow … Read more

Myopic policies keep fuelling financial crises

[ BRUSSELS: Pakistan, having a troubling history with interventions by the International Monetary Fund (IMF) due to profligate spending and budget deficits financed by domestic money creation and foreign borrowing that result in balance of payment crises, suggests that the fundamental problems behind these crises have never been corrected. The recurrent nature of these crises, … Read more

Artists speak out against Gaza War

tribune

As the war in Gaza is entering its third year, the global cultural stage is no longer silent. From red carpets to concert halls, a diverse range of actors, musicians, and writers are speaking out, framing Israel’s bombardment and blockade not only as a humanitarian crisis but as a test of conscience for the international … Read more

The temporary nature of financial capital

LAHORE: Building financial capital is the hallmark of financial globalisation. Developing countries have to build financial capital to maintain the confidence of multilateral lender – the International Monetary Fund (IMF). By securing the trust of the lender, financial position is considered stabilised and financing would continue in order to meet the emerging cash commitments. The … Read more

China sentences former agricultural minister to death

BEIJING: China’s former agricultural minister was sentenced to death on Sunday on corruption charges, with a two-year reprieve, a court statement said. Tang Renjian accepted cash and property bribes totalling more than 268 million yuan ($38 million) between 2007 and 2024, the People’s Court of Changchun in northeast Jilin province said in a statement. The … Read more