WTO talks enter final day with no clear sign of progress – Business
Negotiations at the World Trade Organisation ministerial meeting in Abu Dhabi on Thursday were extended for another day, with the WTO announcing the closing session had been delayed, and no sign of a breakthrough in talks to set new global commerce rules. The biennial conference is seeking deals on ending fishing subsidies and extending a […]
Gwadar declared calamity-hit, emergency imposed after heavy rains wreak havoc – Pakistan
The Balochistan government on Thursday imposed an emergency in Gwadar and declared it calamity-hit after heavy rains wreaked havoc in the city. Normal life and traffic remain suspended in Gwadar, Makran and northern and central parts of Balochistan as 30-hour-long showers triggered flash floods and submerged most of the areas. According to officials, Gwadar received […]
Gwadar declared ‘disaster zone’ after heavy rains
QUETTA: The caretaker Balochistan government on Thursday imposed an emergency in Gwadar and declared it a disaster zone after heavy rains triggered devastating flash floods in the coastal city. In a statement, Balochistan caretaker Information Jan Achakzai said the provincial government had decided to declare Gwadar calamity-hit and impose an emergency, acknowledging the severity of […]
Inflation may ease to 23.5-24.5pc in March: finance ministry – Business
The Ministry of Finance has anticipated that inflation will experience a gradual decline from this month primarily due to a decrease in the prices of perishable items. Inflation is projected to hover around 24.5-25.5 per cent in February, with expectations of a further easing to 23.5-24.5pc in March, the ministry said in its Monthly Economic […]
Putin warns West of risk of nuclear war – World
President Vladimir Putin told Western countries on Thursday they risked provoking a nuclear war if they sent troops to fight in Ukraine, warning that Moscow had the weapons to strike targets in the West. The war in Ukraine has triggered the worst crisis in Moscow’s relations with the West since the 1962 Cuban Missile Crisis. […]
Crisis in Gaza exposes Western double standard on human rights
BEIJING: Following the devastating loss of over 30,000 lives in the Gaza Strip as a result of Israel’s continuous strikes since last October, the world is witnessing not only a harrowing scale of human suffering, but also the ugly truth of Western double standards regarding human rights. As government officials and representatives worldwide convene in […]
PSX continues bullish run, gains over 800 points – Business
Bulls dominated the trading floor on Thursday as shares gained over 800 points, which analysts attributed to “clarity on the formation of the new government” and the swearing-in of MNAs. According to the PSX website, the KSE-100 index gained 873.38, or 1.37 per cent, to stand at 64,576.82 at 11:43am from the previous close of […]
Israel seizes 650 acres of West Bank land near big settlement
JERUSALEM: Israel appropriated several tracts of land abutting a major Jewish settlement in the occupied West Bank on Thursday, but a source briefed on the decision told Reuters there was currently no plan for construction there. An announcement by the Civil Administration, part of Israel’s Defence Ministry, said the tracts amounted to 2,640 dunams, or […]
Sindh govt declares rain emergency, announces half-day for Karachi offices on Friday – Pakistan
Sindh Chief Minister (CM) Syed Murad Ali Shah on Thursday imposed a rain emergency in the province and declared tomorrow to be half-day for all government and private offices in Karachi. On Wednesday, the Sindh Pakistan Disaster Management Authority (PDMA) had issued an urban flooding warning and directed the deputy commissioners and all officials concerned […]
Newly elected representatives sworn in as ruckus mars maiden session of 16th National Assembly – Pakistan
Newly elected members of the 16th National Assembly were sworn in on Thursday in a session marred by mainly pro-Imran Khan sloganeering. Outgoing NA Speaker Raja Pervaiz Ashraf administered the oath to the MNAs-elect. The session was originally scheduled to begin at 10am but was delayed by more than an hour. Notable politicians who were […]