During the meeting, the IMF board is expected to approve a disbursement of $1.1 billion for Pakistan under the ongoing financial program. According to the IMF statement, the first Review under the Extended Arrangement under the Extended Fund Facility, the request for modification of performance criteria, and the request for an arrangement under the Resilience […]
Electricity tariffs have surged, but the affluent entrepreneur has been unbothered since he spent $7,500 installing solar panels on his bungalow’s roof as part of a solar boom in Pakistan. Saleem bought his modules two years ago, as the International Monetary Fund and economically beleaguered Pakistan were hammering out a preliminary bailout program. Under the […]
Chairman Sindh High Court Bar Association and committee member Barrister Sarfaraz Metlo stated that the termination of the canal project is a collective success. He welcomed the decision taken by the Council of Common Interests (CCI), expressing gratitude to all allied organizations for their support. He added that a follow-up meeting will be held today […]
By this new system, transparency and accountability in parking fee collection will be ensured. The recent parking tickets will have main identifiers such as QR codes, serial numbers, location details, and the worker’s name and ID. These features will let citizens verify the legitimacy of their parking slips and ensure that fees are properly accounted […]
Russia believes that the Ukrainian side should follow this example. In the event of violations of the truce by the Ukrainian side, the Russian armed forces will give an adequate and effective response,” the Kremlin said. Russia said on Monday it was ready to negotiate directly with Ukraine, but that recognition of its claims over […]
The world’s largest pizza chain’s same-store sales in the U.S. fell 0.5%, compared with analysts’ average estimate of a 0.5% rise, according to data compiled by LSEG. President Donald Trump’s erratic trade policy has fanned fears of a recession in the United States, affecting demand for discretionary items, as well as dining out. Domino’s Pizza’s […]
The blast took place on Saturday at Shahid Rajaee Port in Iran’s south near the strategic Strait of Hormuz, a waterway through which one-fifth of global oil output passes. It killed at least 40 people and injured more than 1,000 others, officials said, after triggering smaller explosions and fires in nearby containers. Iran’s state TV […]
Kicking off a week of hearings at the International Court of Justice about Israel’s obligations to United Nations aid agencies, Ammar Hijazi told judges: “Starvation is here. Humanitarian aid is being used as a weapon of war.” The ICJ is holding a week of hearings over Israel’s obligations to the UN, including aid agencies, in […]
Industry officials have held meetings with senior members of the Trump administration, including the President, asking them to restore the tariff-free regime under the 1979 Civil Aircraft Agreement, under which the sector enjoyed a $75 billion annual trade surplus. Trump’s tariffs have ended its decades-old duty-free status. “Our government affairs team is hard at work […]
United Nations representatives will start the five days of sittings at the International Court of Justice in The Hague at 10:00 am (0800 GMT), followed by a Palestinian submission. Another 38 countries will then address the 15-judge panel, including the United States, China, France, Russia, and Saudi Arabia. The League of Arab States, the Organisation […]
