Brent futures fell 49 cents, or 0.7%, to $71.13 a barrel at 0455 GMT, as U.S. West Texas Intermediate (WTI) crude eased 26 cents, or 0.4%, to $68.11. “The current downward trend in oil prices is primarily driven by OPEC+’s decision to increase output and the introduction of U.S. tariffs,” said Darren Lim, commodities strategist […]
Leftist President Anura Kumara Dissanayake’s maiden budget raised public sector salaries but also made deep cuts to longstanding perks in a continuing effort to repair the island nation’s tattered finances. Sri Lanka’s main doctors’ union is considering a strike from Wednesday to protest against cuts to their allowances, while teachers are also considering stoppages. IMF […]
The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade went live at 12:01 a.m. EST (0501 GMT), hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the U.S. China responded immediately after […]
The ODI World Cup 2023 finalist teams will face each other in the first semi-final of the ICC Champions Trophy 2025 at Dubai International Cricket Stadium on March 4. Australia’s opener Matt Short suffered a calf injury against Afghanistan on Friday Speaking during the latest edition of The ICC Review, Ricky Ponting said that he […]
The move comes after Trump upended U.S. policy on Ukraine and Russia upon taking office in January, adopting a more conciliatory stance towards Moscow – and after an explosive confrontation with Zelenskiy at the White House on Friday in which Trump criticized him for being insufficiently grateful for Washington’s backing in the war with Russia. […]
Adam Zampa took 2-48 in the washed-out group match against Afghanistan and 2-64 in the five-wicket win over England in Lahore to help Australia reach the last four of the ODI tournament. The veteran leg spinner may be key to Australia’s hopes of victory in Dubai, where India, who refused to play in co-hosting nation […]
Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of cryptocurrencies including bitcoin, ether, XRP, Solana, and Cardano. The names had not previously been announced. More than an hour later, Trump added: “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at […]
“Zarif’s resignation letter was received by President Masoud Pezeshkian, who has not yet responded,” the official IRNA news agency reported, without giving further details. In a Monday post on X, Zarif said he had “faced the most horrible insults, slander and threats against myself and my family, and I have gone through the most bitter […]
This rate holds significant importance for traders, overseas Pakistanis, and businesses involved in cross-border transactions. But what factors are driving this exchange rate, and how does it impact Pakistan’s economy? What Influences the CAD to PKR Exchange Rate? The Canadian Dollar to PKR exchange rate is a product of intertwined economic strategies, worldwide market shifts, […]
“We should spend less time worrying about Putin, and more time worrying about migrant rape gangs, drug lords, murderers, and people from mental institutions entering our Country – So that we don’t end up like Europe!” Trump posted to his Truth Social platform Sunday night. Trump’s stunning shift in approach to the war and Russia […]