Iranian Officials Say Proposed Peace Deal Would Open Strait of Hormuz
Iran has not formally responded to President Trump’s announcement that a peace deal was close. But officials suggested the oil choke point in the Strait of Hormuz could reopen.
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Kyiv, Ukraine, Hit in Russian Missile Attack
Buildings rattled in the Ukrainian capital for hours early Sunday. It was unclear if Russia’s Oreshnik intermediate-range ballistic missile had been used.
IMF board calls performance ‘exceptional’
[ The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS ISLAMABAD: The executive board of the International Monetary Fund (IMF) has described Pakistan’s overall performance on implementation of programme conditions as “exceptional” and turned down Indian propaganda about the use of loan proceeds, officials … Read more
Alliance politics intensifies ahead of AJK elections
ISLAMABAD: The All Jammu and Kashmir Muslim Conference (AJKMC) and the Muttahida Ulema Council Azad Kashmir on Saturday formally announced an electoral alliance for the upcoming elections to the Azad Jammu and Kashmir Legislative Assembly. The announcement was made during a joint press conference at the National Press Club, addressed by AJKMC President and former … Read more
Govt sticks to coal despite solar growth
[ Research says Pakistan on ‘front line’ of global struggle to exit coal agreements LAHORE: Pakistan’s rapid shift towards solar power is undermining the economics of coal-fired electricity generation, even as the government continues to back coal as a pillar of energy security, according to a new global report. The report, Boom and Bust 2026, … Read more
Tola budget proposes rupee at 250 per dollar
[ Rs10 remittance bonus could boost inflows, reduce inflation by up to 6%, economist says KARACHI: Reducing the value of the rupee to 250 per dollar could lower inflation by up to 6%, while offering a bonus of Rs10 per dollar for remittances sent through banking channels instead of hawala/informal hundi systems could increase inflows. … Read more
Rathore condoles demise of Bhat’s mother
. ISLAMABAD: Azad Jammu and Kashmir (AJK) Prime Minister Faisal Mumtaz Rathore expressed sympathy with senior Hurriyat leader and JKSM Chairman Altaf Ahmed Bhat over the demise of his mother and prayed to the Almighty to grant the departed soul the highest ranks in Jannah and give patience and strength to the family to bear … Read more
Red tape, not bad luck, hits capital
[ LAHORE: Imagine a country sitting at the crossroads of South Asia and Central Asia, with a population of 250 million, abundant natural resources, and a GDP exceeding $450 billion, yet struggling to convince even its own businesspeople to invest at home. That is Pakistan’s continued uncomfortable reality in 2026, and the way things are … Read more
Can Concrete Molds Revive Coral Reefs Ruined by Bombs and Climate Change?
In a devastated section of the Coral Triangle in the Pacific Ocean, a conservation group is trying to build an artificial reef.
The War-Driven Supply Shock Already Roiling Manufacturing in Asia
[A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is disrupting manufacturing and retail goods in Japan and South Korea.