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Is economy lagging behind military, diplomatic success?

[ ISLAMABAD: A great power rests on three pillars: military, diplomacy and economy. Pakistan has achieved many milestones on the military and diplomatic fronts. Two recent events further reinforced our strength. First, the decisive victory in Operation Bunyan Marsoos strengthened Pakistan’s credentials as a formidable military power. It elevated Pakistan’s global profile. Countries began to … Read more

Minister hails EO-3 satellite launch

. Minister to upgrade passenger train booking, fully digitize freight booking to boost efficiency and cut interference. PHOTO: FILE ISLAMABAD: Railways Minister Hanif Abbasi on Sunday hailed the successful launch of Pakistan’s EO-3 satellite, calling it a significant boost to national prestige and an important milestone toward scientific self-reliance. In a statement, the minister said … Read more

Global financial order in transition

[ Rising diversification in reserves, payments and energy trade signals slow erosion of dollar centrality KARACHI: US global dominance has long rested on two key pillars: the petrodollar system and the US Treasury bond market. In exchange for security guarantees to oil-rich Gulf monarchies, Washington ensured that their oil is priced and sold in dollars … Read more

Can solar save textile industry?

[ Policy tweaks, particularly shift to net billing, impeding further solar adoption APTMA has been constantly blaming the FBR for its lack of commitment in implementing the agreement it signed with the textile industry regarding the resumption of zero-rated tax regime. PHOTO: FILE FAISALABAD: Pakistan’s textile sector, the backbone of its export economy, is once … Read more

Iranian foreign minister heads to Russia, Trump says ‘call us’ to negotiate

Russian Foreign Minister Sergey Lavrov (L) and Iranian FM Abbas Araghchi. Photo: File US President Donald Trump said Iran could telephone if it wants to negotiate an end to their two-month war, as Tehran’s foreign minister landed in Russia on Monday to seek support from President Vladimir Putin. Hopes of reviving peace efforts receded on Saturday when … Read more

Iran foreign minister arrives in Russia as US talks remain stalled

Iran’s Foreign Minister Abbas Araghchi speaks as he meets with his Iraqi counterpart Fuad Hussein, in Baghdad, Iraq October 13, 2024. PHOTO: REUTERS Iran’s foreign minister arrived in Russia on Monday as peace efforts between Tehran and Washington hung in the balance, following a flurry of regional diplomacy and the collapse of planned talks in … Read more

Spring meetings in US and economic autumn in Pakistan

[ Islamabad finds itself positioned between much-needed infusion of regional liquidity and looming global energy crisis The government has agreed to the need for a mini-budget if revenues fall short of expectations by end-December 2025, according to the IMF. Photo: file ISLAMABAD: The conclusion of the 2026 Spring Meetings of the International Monetary Fund (IMF) … Read more

Pakistan’s oil market is fuelling the crisis

[ Govt must let prices reflect costs and replace blanket subsidies with targeted cash support Kerosene oil. ISLAMABAD: When war returns to the Middle East, oil stops being a commodity and becomes a headline. The latest bout of conflict has again injected fear into energy markets, lifted freight and insurance costs, and pushed crude benchmarks … Read more

JI chief flags growing out-of-school crisis

. JI chief Hafiz Naeemur Rehman. PHOTO: EXPRESS/FILE SARGODHA: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman on Sunday lamented that millions of children remain out of school in Pakistan, stressing it is the state’s responsibility to provide them with quality education as a fundamental constitutional right. He made these remarks while addressing a graduation ceremony of … Read more