Trump says millionaire tax would prompt wealthy to leave country

US President Donald Trump said that he opposes introducing a new tax on millionaires, warning that higher rates could prompt wealthy Americans to leave the country altogether. Speaking from the Oval Office, Trump told reporters that while affluent individuals once moved from state to state to avoid higher taxes, modern transportation has made international relocation […]

NSC convenes today amid Modi’s sabre-rattling

A slew of knee-jerk punitive measures from India, angry rhetoric from its politicians, and sabre-rattling from its jingoistic media have sharply escalated tensions between the two hyphenated neighbours on Wednesday. Prime Minister Shehbaz Sharif convened an emergency meeting of the principal national security forum on Thursday (today) to cobble up Pakistan’s response. Attendees at the […]

Test of unity for Pakistan

In the wake of the Pahalgam attack that has ratcheted up regional tensions, Pakistan’s political leadership has called for a clear and united front, urging parties across the spectrum to bury the hatchet and close ranks at a moment when the stakes could not be higher. Following New Delhi’s abrupt decision to tear up key […]

Delhi’s reckless Indus gambit

Experts have termed India’s decision to suspend the Indus Waters Treaty as a political stunt and an eyewash designed to placate the Indian public, stressing that Delhi cannot unilaterally revoke or suspend the agreement. “India or Pakistan cannot suspend or revoke the Indus Waters Treaty unilaterally, and any change in the treaty would require mutual […]

Kuwait joins Pakistan offshore bids

Kuwait Foreign Petroleum Exploration Company (Kufpec) has decided to participate in Pakistan’s offshore bidding round. Already, the company has been in Pakistan since 1987 and has invested $1.5 billion cumulatively. A high-level meeting was held between Federal Minister for Petroleum Ali Pervaiz Malik and Ali Taha Al-Temimi, Country Manager of Kufpec and Chairman of the […]

Gold sees historic one-day drop

Gold prices in Pakistan plunged on Wednesday, following global cues, as de-escalation signals from US President Donald Trump over Chinese tariffs sparked speculation of a prolonged market correction. After hitting record highs in recent sessions, gold prices witnessed a historic intra-day drop, tracking a significant downturn in the international market. According to the All-Pakistan Sarafa […]