Trump Ends Trade Talks with Canada Over Digital Tax U.S. and Canada’s relationship has gone bad again after being calm for a while. Earlier this month, Trump and Canadian Prime Minister Mark Carney had a friendly meeting and agreed to make a new trade deal in 30 days. But now, Trump is angry because Canada […]
It is driven by an increase in China’s production of ejiao — a product marketed as a health supplement that uses collagen from donkey skins, which is a $6.8-billion industry, according to China-based research firm Qianzhan. China, whose donkey population has plummeted from 11 million in 1992 to 1.5 million in 2023, has turned to […]
According to ISPR, the COAS received a warm reception and welcome from the overseas Pakistanis, who gathered in large numbers to meet with the Chief of Army Staff. The diaspora warmly appreciated the outstanding performance of the Armed Forces during Operation Bunyanum Marsoos / Marka-e-Haq, showcasing their bravery and professionalism. During the interaction, the COAS […]
Pakistan, US Discuss Trade Agreement in High-Level Virtual Meeting In a significant development signaling deepening economic cooperation, Pakistan’s Finance Minister Muhammad Aurangzeb held a virtual meeting with the United States Secretary of Commerce to discuss trade and tariff-related matters. The meeting, seen as a major step forward in bilateral relations, focused on finalizing a long-anticipated […]
“The attacks caused explosions at the airport but did not affect any runways, buildings, or facilities,” the agency said. Iranian air defence systems engaged in “fending off the hostile attacks at dawn”, it added. Iran launched retaliatory missile strikes on Israel on Saturday morning, killing at least two people and wounding dozens after a series […]
At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts “meat on the bones” of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels. But the Geneva deal had faltered over China’s continued curbs […]
Brent crude futures rose 28 cents, or 0.4%, to $67.32 a barrel by 0330 GMT. US West Texas Intermediate crude was up 23 cents, or 0.4%, at $65.52. On Monday, Brent had risen to $67.19, the highest since April 28, buoyed by the prospect of a US-China trade deal. US-China trade talks were set to […]
Pakistan’s reserves held by the SBP decreased by US$ 7 million to reach US$ 11.51 billion during the same period, the central bank said in a statement. Pakistan’s net foreign reserves held by commercial banks stood at US$5.09 billion. “During the week ended on 09-May-2025, SBP reserves increased by US$ 71 million to US$ 10,403.1 […]
After 3.3-percent growth last year, the world economy is now expected to expand by a “modest” 2.9 percent in 2025 and 2026, the Paris-based Organisation for Economic Co-operation and Development said. In its previous report in March, the OECD had forecast growth of 3.1 percent for 2025 and 3.0 percent for 2026. Since then, Trump […]
Spot gold was up 2% at $3,353.29 an ounce, as of 1128 GMT, after hitting its highest level since May 23, earlier in the session. U.S. gold futures rose 1.9% to $3,378.40. The dollar was down 0.6% against its rivals, after Trump said on Friday that he plans to double duties on imported steel and […]
