Trump says Russia to supply diesel as US eases sanctions

US President Donald Trump has said that Russia had agreed to supply ​diesel to global markets in an effort to lower fuel prices, and his administration temporarily lifted US sanctions on Russian fuel that were designed to deprive Moscow of revenues for its ‌war on Ukraine. Prices for diesel, used for agriculture, heating homes and trucking, are near a record and a risk for Trump’s fellow Republicans ahead of the November 3 congressional elections that will determine whether they maintain thin control of Congress. Diesel prices fell after the announcement,…

Read More

Strong Panama quake shakes nation, but avoids major destruction

A magnitude 7.7 earthquake struck southern Panama on Friday, damaging buildings and sending ​thousands into the streets, but the country appeared to escape widespread destruction or deaths. The US Geological Survey said the earthquake hit at ‌a depth of 12.6 km, with an epicentre in a sparsely populated area about 200 km from the capital, and that some casualties were possible. In the following hours, even as more than 40 aftershocks rattled the isthmus nation, the Panama Canal and Cobre Panama copper mine reported normal operations, and the Tocumen International…

Read More

China, EU strike deal to halve Chinese hybrid exports

China and the European Union have reached a deal that could cut Chinese ​exports of hybrid cars to the bloc by more than half, European Trade Commissioner Maros Sefcovic said on Friday after talks in Beijing aimed at reducing the EU’s ballooning trade deficit with ‌China. The “shared understanding” would “moderate” China’s exports of hybrids and plug-in hybrids to the EU, and would cut the imports of several million cars over four years, Sefcovic said after the two-day talks, without offering details on how the agreement will be implemented. Shares…

Read More

Paramount to develop Cyberpunk 2077 film, lifting CD Projekt RED’s shares

Paramount Pictures is developing a live-action film set in the universe of CD ​Projekt RED’s video game “Cyberpunk 2077” alongside ‌producer Lorenzo di Bonaventura, entertainment outlet Deadline reported on Thursday, which sent the Polish game developer’s ​shares 3% higher in early Friday ​trading. “We’re excited about Paramount as a future ⁠partner who shares our creative ambitions for ​the Cyberpunk franchise,” Michal Nowakowski, joint-CEO of ​CD Projekt RED, said in a post on social media platform X late on Thursday. “We look forward ​to sharing more details at the appropriate ​time.”…

Read More

Govt cuts petrol price, raises diesel price

The government has reduced the price of petrol by 66 paise per litre after four consecutive days of increases, while raising the price of high-speed diesel (HSD) by 52 paise per litre. The price of petrol has decreased from Rs398.96 to Rs398.30 per litre, while diesel has been increased from Rs395.72 to Rs396.24 per litre. The revised prices will take effect from October 10 to 12 under the federal government’s petroleum pricing mechanism. The Petroleum Division said the revision was based on changes in the international market, including Platts rates,…

Read More

Govt cuts petrol prices, raises diesel prices

The government has decreased the price of petrol by 66 paise per litre and increased the high-speed diesel (HSD) price by 52 paise, according to a Petroleum Division notification issued on Tuesday. The price of petrol has decreased from Rs398.96 to Rs398.30 per litre, while diesel has been increased from Rs395.72 to Rs396.24 per litre. The revised prices will take effect from October 10 to 12 under the federal government’s petroleum pricing mechanism. The Petroleum Division said the revision was based on changes in the international market, including Platts rates,…

Read More

Pakistan denies fighter jets involved in Yemen strikes, reaffirms support for Saudi Arabia

Foreign Office Spokesperson Ambassador Sajjad Haider Khan said on Friday in a weekly press briefing that the Makkah Alliance for Defence was a defensive arrangement aimed at protecting member states and strengthening their collective deterrence capabilities. Pakistan reaffirmed its commitment to Saudi Arabia’s sovereignty, territorial integrity and security, while rejecting reports that Pakistani fighter jets had participated in cross-border operations against Houthi forces in Yemen. Referring to an emergency meeting of the alliance’s Strategic Political and Defence Committee held in Riyadh on October 5, the FO spokesperson said Pakistan, Saudi…

Read More

Bilawal urges PTI to pursue dialogue, warns against politics of extremism

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari had urged the Pakistan Tehreek-e-Insaf (PTI) to resolve political disputes through dialogue, warning that its politics of confrontation and extremism could further weaken its political position. Addressing the inauguration ceremony of a 25-acre KMC Sports Complex in Karachi’s Baldia Town, Bilawal described the possible imposition of an emergency in Khyber Pakhtunkhwa as an extreme measure that should be used only as a last resort. He said the PTI was suffering the greatest damage from its own politics of extremism and warned that…

Read More

US imposes sanctions on ICC hours after former judge wins Nobel Peace Prize

US President Donald Trump’s administration imposed sanctions ​on the International Criminal Court on Friday, hours after one of its former judges won the Nobel Peace Prize, putting Washington on a diplomatic collision course ‌with European allies. The ICC’s deputy prosecutor, Nazhat Shameem Khan, condemned the sanctions and said they would not halt the tribunal’s work. The Trump administration has long been hostile to the court and has previously imposed sanctions on its prosecutors and judges. Friday’s move would go far further, by potentially punishing companies that provide services to the…

Read More

Israeli settlers plant dozens of flags outside Palestinian café in West Bank

Israeli settlers have planted dozens of Israeli flags at the entrance of a streetside Palestinian cafe in the occupied West Bank, obscuring it ​from one side in what its owner described as a blatant act ‌of intimidation. The coffee shop in the small village of Luban al-Sharqiya sits along the West Bank’s main north-south traffic artery, used by both Palestinians and the approximately 500,000 Israeli settlers who live ​in the territory. In recent years, settlers, some of whom have waged a campaign ​of violence and intimidation against Palestinians in a…

Read More