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[ ISLAMABAD: Pakistan informed the International Monetary Fund (IMF) on Friday that it will not be able to achieve this quarter’s Rs3.1 trillion tax target but hoped to recoup the shortfall through inflation, economic growth and higher imports of solar panels. In a briefing to the IMF delegation, tax authorities said the July-September target would … Read more
GAZA CITY: Gaza’s civil defence agency said Israeli forces killed at least 50 people across the Palestinian territory on Friday. The Israeli military is pressing an offensive against the Palestinians in Gaza City, from which hundreds of thousands have been forced to flee in recent weeks. The civil defence agency — a rescue force operating under … Read more
[ ISLAMABAD: Pakistan has stepped up efforts to position itself as a regional logistics and transit hub and in this backdrop Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry chaired a meeting on Friday to map out priority infrastructure projects linking the Middle East, Central Asia, China and beyond. He urged senior officials from … Read more
GENEVA: The United Nations on Friday released a long-awaited update of its database of companies with activities in Israeli settlements in Palestinian territories, listing 158 firms from 11 countries. UN rights chief Volker Turk has condemned as a war crime Israel’s policy of settlements on Palestinian territory in the occupied West Bank. While several companies … Read more
The European Broadcasting Union (EBU) will hold an extraordinary general meeting in November to decide whether Israel can compete in the 2026 Eurovision Song Contest, organisers confirmed on Friday, as calls grow for the country’s exclusion over the war in Gaza. EBU spokesperson Dave Goodman said members will vote online on whether Kan, Israel’s public … Read more
ISLAMABAD: The Pakistan Business Forum (PBF) welcomed the high-level meeting between Prime Minister Shehbaz Sharif, Field Marshal Syed Asim Munir, and US President Donald Trump in Washington, calling it a timely step toward redefining ties. According to the PBF, the engagement marked a pivotal moment as both sides showed intent to move beyond past complexities … Read more
[ LAHORE: The historic economic ties between Pakistan and Sri Lanka are set to touch new heights as Sri Lanka has returned to the path of stability and progress after facing significant challenges between 2019 and 2023. It was stated by Sri Lankan High Commissioner Rear Admiral (Retd) Fred Senevirathne in a meeting with businessmen … Read more
Beijing’s climate and trade pledges at the U.N. highlighted how modest moves can stand out when the United States is pulling back from global leadership.
[The State Bank of Pakistan (SBP) injected a cumulative Rs3.21 trillion into the banking system on Friday through conventional and Shariah-compliant open market operations (OMOs) to support the government's fiscal needs. According to SBP data, Rs3.03 trillion was accepted under the conventional reverse repo (injection) facility. This included Rs63.95 billion for a 7-days tenor at … Read more
European officials fear that Moscow is escalating its antagonism of Europe as U.S. support recedes. A focus of worry now: election interference in Moldova.
