A Small Country’s Huge Windfall from the War in Iran
[Oil-rich Guyana is enjoying red-hot growth. But the boom is magnifying tensions over corruption, inequality and strained ties with Venezuela.
UN Security Council condemns Houthi attacks on Saudi Arabia
Council affirms Saudi Arabia’s right to self-defence, demands release of 73 detained UN personnel in Yemen The five permanent members of the UN Security Council clashed on Thursday during a high-stakes session about the legal validity of international sanctions against Iran. SCREENGRAB The UN Security Council condemned attacks by Yemen’s Houthi group on Saudi Arabia, … Read more
Focus now on investment, capital formation: FinMin
[ Aurangzeb outlines key priorities including fiscal, external shock-absorbing capacity ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb addressed the “Fireside Chat: Pakistan: External Shocks Remain Manageable” at the JP Morgan Emerging and Frontier Markets Opportunities Conference in London, outlining Pakistan’s progress in restoring macroeconomic stability and its priorities to move towards investment, capital formation, exports … Read more
Once Home to Batman, This Faded Mansion Is Now Plagued by Real Bats
Officials in England are alarmed at the state of Mentmore Towers, the 19th century estate that served as Wayne Manor in the 2005 film “Batman Begins.”
Inam Butt set to return after two-month doping ban
Inam Butt takes Silver in Commonwealth Games 2022. Photo: AFP LAHORE: Pakistan’s ace-wrestler and administrator Mohammad Inam Butt has completed a two-month suspension imposed over an anti-doping violation and has been cleared to resume wrestling activities, paving the way for him to represent Pakistan at the Asian Games as a coach. According to documents and … Read more
Security forces kill 11 terrorists in Balochistan operations: state media
Significant cache of arms and explosive material was also seized during the operations Security forces killed 11 terrorists belonging to Fitna-al-Hindustan during targeted operations in Balochistan’s Panjgur and Chagai districts under Operation Radd-ul-Fitna-3, Radio Pakistan reported on Saturday. “Eleven terrorists belonging to Fitna-al-Hindustan were killed during targeted actions in Panjgur and Chagai districts,” Radio Pakistan … Read more
Digital payments target merchant growth
[ KARACHI: Pakistan’s digital payments ecosystem is moving beyond the early adoption phase, with instant payment infrastructure increasingly being integrated into everyday financial transactions, according to banking and payment industry officials. According to the State Bank of Pakistan’s Payment Systems Quarterly Review, 3.7 billion retail transactions were recorded during January-March 2026. Digital channels accounted for … Read more
Fuel hikes push SPI into double digits
[ KARACHI: The year-on-year inflation measured by the Sensitive Price Indicator (SPI) surged back into double digits, reaching 10.64% in the week ended September 17, as the fallout from the Middle East situation pushed up fuel prices and added to pressure on household budgets. The latest increase marked a sharp acceleration from the 8.62% year-on-year … Read more
‘Financial strain poses threat to fuel supplies’
[ ISLAMABAD: Oil marketing companies (OMCs) have played a significant role in keeping the country’s fuel supply chain intact, particularly during periods of heightened supply risks, but mounting financial pressures are now putting a strain on the industry’s ability to continue financing uninterrupted supplies. The Oil Companies Advisory Council (OCAC), which represents major OMCs, has … Read more
Australia beat Zimbabwe to seal ODI series
HARARE: Australia registered another emphatic win over hosts Zimbabwe to take an unassailable 2-0 lead in their One Day International series as Travis Head hit a century in Friday’s 84-run win. Head bludgeoned 112 runs off 84 balls as the visitors’ top order laid the platform for victory in the second of three ODIs at … Read more