President Emmanuel Macron’s Cultural Legacy At Risk After Louvre Chief Resigns
President Emmanuel Macron has championed a refurbishment of the museum, but the fallout from a sensational heist has put his plans at risk.
Month: February 2026
Formal nod for $2b rollover awaited
[ Rollover. Design: Mohsin Alam ISLAMABAD: Pakistan said on Wednesday that it was in communication with the United Arab Emirates and that there was no issue in the rollover of a $2 billion debt, but did not confirm whether the Gulf nation had formally conveyed its decision to further extend the repayment period. “We are … Read more
NZ mayor swims to ease sewage fears
. NZ mayor. Photo: AFP WELLINGTON: The mayor of New Zealand’s capital city took an afternoon dip on Wednesday hoping to assuage public fears after a breakdown at a local wastewater treatment plant pumped raw sewage into the ocean and sprayed faecal matter on coastal homes. Millions of litres of raw sewage have flown into … Read more
Govt eyes $2.5b in mobile exports
[ Expects exports of 22m units over 7 years, plans shift to full-scale manufacturing ISLAMABAD: Pakistan has set mobile and IT equipment export target at $2.5 billion by switching from gadget assembly to manufacturing by 2033 under the new device and electronics manufacturing policy. To meet the goal, the government expects export of 21.6 million … Read more
Vinicius seals Real Champions League progress
Real Madrid’s Vinicius Jr celebrates after scoring the fourth goal during the match against Real Sociedad. Photo: AFP MADRID: Vinicius Junior sealed Real Madrid’s progress to the Champions League last 16 on Wednesday with the clincher against Benfica as holders Paris Saint-Germain edged out 10-man Ligue 1 rivals Monaco. Italian giants Juventus almost pulled off … Read more
Last-gasp penalty sends Atalanta past Dortmund
Atalanta fans display a banner in the stands at New Balance Arena. Photo: REUTERS BERGAMO, ITALY: Lazar Samardzic smashed home a stoppage-time penalty to complete a dramatic 4-1 victory for Atalanta over Borussia Dortmund on Wednesday, sending the Italian side into the Champions League’s last 16 with a comeback 4-3 aggregate triumph. Dortmund’s Ramy Bensebaini … Read more
World Bank seeks tighter coordination on reform
[ Finance minister stresses effective CPF execution on climate, population priorities World Bank Country Director for Pakistan Bolormaa Amgaabazar and Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb. ISLAMABAD: The World Bank has stressed the need for stronger coordination between federal and provincial governments to ensure effective implementation of Pakistan’s reform agenda under the … Read more
Trump vows historic turnaround in SOTU
US President Donald Trump delivers the first State of the Union address to a joint session of Congress in Washington. PHOTO: AFP WASHINGTON: US President Donald Trump boasted Tuesday of a “turnaround for the ages” in a State of the Union speech, seeking to reverse his dismal polls and see off mounting challenges at home … Read more
Poor planning fuels Ramazan inflation
[ Experts blame lack of demand forecasting as predictable shortages recur each year KARACHI: Every Ramazan, fruit prices skyrocket across Pakistan. Consumers cry foul, vent anger on social media and circulate boycott calls, while experts offer familiar explanations. Yet the government has still not devised a solution to the predictable spike in demand and constrained … Read more
Summers quits Harvard over Epstein ties
. NEW YORK: Former US Treasury secretary Larry Summers resigned from his teaching post at Harvard University over his links to convicted sex offender Jeffrey Epstein, the Ivy League institution said on Wednesday. Summers, who ran the US Treasury under former president Bill Clinton, was revealed in the Epstein files released by the Department of … Read more