Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
[Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.
Month: May 2026
Thailand’s former PM Thaksin freed from prison
After 15 years in exile, Thaksin returned to Thailand in 2023 to serve an eight-year sentence Former Thai Prime Minister Thaksin Shinawatra reacts following his release on parole after serving eight months of his one-year sentence at Klong Prem Central Prison, in Bangkok, Thailand, May 11, 2026. PHOTO: REUTERS Thailand’s billionaire former premier Thaksin Shinawatra … Read more
How Israel Turned Eurovision’s Stage Into a Soft Power Tool
Israel’s efforts to influence Eurovision’s vote were broader and started years earlier than previously known.
Pakistan dangerously dependent on imported oil
[ Gulf crisis is not just another external shock, it is a warning that our economic model is unsustainable Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be at least partly halted after the third attack in four days. FILE IMAGE: PIXABAY KARACHI: The … Read more
SC urges restraint to ensure peace
Says sectarian differences cannot justify exclusion of Muslims from public mosques Chief Justice of Pakistan Yahya Afridi chairs a meeting of the Judicial Commission of Pakistan at the Supreme Court in Islamabad on Thursday, Jan 15, 2026. Photo: Supreme Court of Pakistan ISLAMABAD: The Supreme Court has urged restraint against unnecessary judicial intervention in mosque-related … Read more
Economic gains derailed by ME war
[ Trucks drive past cargo shipping containers at the Evergreen shipping terminal at the Port of Los Angeles in Los Angeles, California on September 13, 2025. The US Supreme Court ruled on February 20 that Donald Trump exceeded his authority in imposing a swath of tariffs that upended global trade, blocking a key tool the … Read more
can CPEC deliver Phase II?
[ SEZs become critical, yet despite years of policy focus, most of these zones have not reached meaningful operational s ISLAMABAD: Why Pakistan’s next economic test lies in turning strategic partnership into industrial performance? Pakistan’s economic engagement with China is among the most stable and strategically significant pillars of its external relations. As the largest … Read more
PTCL warns of 7-day internet disruption
Company said maintenance activity was planned on submarine cables to repair a fault by International Cable Consortium ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) announced on Sunday that customers may face internet service degradation during the evenings from May 11-18. In a post on X, the company said that maintenance activity was planned on one of … Read more
$32b deficit reflects policy failure
[ A picture showing $100 bills. SOURCE: REUTERS ISLAMABAD: Pakistan’s external sector has once again sounded a loud alarm. The country’s trade deficit surged to $31.988 billion in the first 10 months of FY2026 and $4.074 billion in April 2026, a massive increase of 43.5% month-on-month and 20.28% year-on-year. Pakistan recorded goods imports of $6.553 … Read more
Afghans offloaded over fake stamps
. ISLAMABAD: The FIA Immigration offloaded two Afghan nationals at Islamabad International Airport for allegedly using fake immigration stamps on their passports while travelling to Afghanistan. An official said the accused, identified as Noor Muhammad and Aamna Siraj, were travelling to Afghanistan through Kam Air flight RQ-928 when they were referred for secondary profiling at … Read more