In a move to douse the flames of controversy over the canal projects, Deputy Prime Minister Ishaq Dar on Monday assured lawmakers that not even a drop of Sindh’s water would be diverted to any other province, adding that all disputed scheme would be reviewed with the Pakistan Peoples Party (PPP) on board. Dar was […]
The KSE-100 index faced a bloodbath on Monday, with the Pakistan Stock Exchange (PSX) mirroring escalating global trade tensions and fears of a global recession. As US President Donald Trump refused to back down from his tariff plans, retaliatory moves from China triggered fears of a broader trade war, causing markets to plunge around the […]
The Sindh High Court (SHC) on Monday stayed the certificate issued by the Indus River System Authority (Irsa) about the water availability for the construction of canals in the river system and sought reply from the federal government by April 18. The bench heard a petition filed against the current composition of Irsa as well […]
Israeli troops flattened farmland and cleared entire residential districts in Gaza to open a “kill zone” around the enclave, according to a report on Monday that quoted soldiers testifying about the harsh methods used in the operation. The report, from the Israeli rights group Breaking the Silence, cited soldiers who served in Gaza during the […]
Several powerful Iranian-backed militia groups in Iraq are prepared to disarm for the first time to avert the threat of an escalating conflict with the US Trump administration, 10 senior commanders and Iraqi officials told Reuters. The move to defuse tensions follows repeated warnings issued privately by US officials to the Iraqi government since Trump […]
Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing US President Donald Trump’s “reciprocal tariffs” as bullying. The tariffs are “typical unilateralism and protectionism, and economic bullying”, spokesperson Lin Jian told a regular press conference. He said that US tariffs in the […]
Bangladesh’s interim head Muhammad Yunus has written to US President Donald Trump requesting a three-month pause on a 37% tariff on imports from Bangladesh, citing efforts to boost imports from the US, his press office said on Monday. Bangladeshi exporters, especially in the garment sector, are bracing for the impact of the tariff. In the […]
US President Donald Trump on Monday threatened new tariffs of 50 percent on China, ratcheting up a trade war even as a dramatic selloff in global markets gathered pace. Trump upended the world economy last week with sweeping tariffs that have raised fears of an international recession and triggered criticism even from within his own […]