Finance: The three “Fs” of economy – Newspaper
The United Arab Emirates has agreed to roll over its $2 billion debt due for repayment this month. This decision should help the State Bank keep the rupee stable amidst the expanding trade deficit. Meanwhile, Pakistan is taking two commendable steps — one under International Monetary Fund pressure and the other in response to shifting […]
Pension pain – Newspaper – DAWN.COM
“In about seven to eight years, the pension budget will be more than the defence budget if it is not handled properly,” said Miftah Ismail, former finance minister of Pakistan. It has ballooned steeply over the last three years, crossing Rs1tr in FY25. “When a man retires, he gets a pension. After he dies, his […]
Maha Kumbh Mela begins in India after 144 years, attracting millions of devotees
Listen to article The world’s largest religious gathering, the Maha Kumbh Mela, has begun in India, drawing millions of Hindu devotees to the banks of the Ganges in Prayagraj, Uttar Pradesh. The festival, which occurs every 12 years, is particularly significant this year as it marks the Maha Kumbh Mela, a grand event that only takes place […]
Trump prosecutor Jack Smith resigns – World
WASHINGTON: US Special Counsel Jack Smith, who led the federal cases against Donald Trump on charges of trying to overturn his 2020 election defeat and mishandling of classified documents, has resigned, as the Republican president-elect prepared to return to the White House. Smith resigned on Friday from the Department of Justice, according to a court […]
Institutional debacle – Newspaper – DAWN.COM
THE importance of institutions for economic development and growth has long been recognised — for example, in the writings of Adam Smith and, more recently, exemplified by Douglass North’s 1993 Nobel Prize. Governance quality and perceptions of the political, economic, and policy climate are critical in shaping overall conditions for investment and growth. Given the […]
PTI issues show cause notice to Sher Afzal Marwat again
Listen to article Pakistan Tehreek-e-Insaf (PTI) has once again issued a show cause notice to Sher Afzal Marwat for violating party discipline, Express News reported. In a notice issued on Monday, the PTI leadership reprimanded party leader Sher Afzal Marwat, known for his fiery oratory, for making statements contrary to the party’s official position. Additionally, Marwat was prohibited […]
WhatsApp to introduce Meta AI widget for home screen access
Listen to article WhatsApp is working on a new feature allowing users to access Meta AI directly from their home screens, bypassing the need to open the app. This development was discovered in the latest WhatsApp beta version 2.25.1.27 for Android. The upcoming Meta AI widget is designed to enhance convenience and ease of access. Once the […]
Dealing with the Taliban – Newspaper
WHEN the Taliban returned to power in Afghanistan over three years ago, Pakistan’s policymakers assumed this would help to guarantee the stability of the country’s western border. That has long been a strategic compulsion given Pakistan’s troubled relations with India on its eastern flank. But the assumption about securing the border with Afghanistan under Taliban […]
Anything goes – Newspaper – DAWN.COM
IT seems that the dark days of the freewheeling internet have returned. Two of the largest global social media companies have already abandoned important efforts and initiatives aimed at moderating speech on their platforms in a sign of their capitulation to alt-right mega-influencers and their war on ‘woke media’. The backsliding seems to have started […]
Cyprus orders probe into Pakistani man’s murder – World
NICOSIA: Cyprus’ chief prosecutor appointed an independent investigator on Sunday to oversee a criminal probe into the killing of a Pakistani man in police shooting. Pakistan’s Foreign Office told Dawn that the ambassador to Cyprus, based in Beirut, was in touch with Cypriot officials over the matter. The move comes a day after authorities said […]