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Russian superyacht Nord sails through Strait of Hormuz despite blockade
The 142m-long (465 ft) multi-deck luxury boat, named Nord, is linked to sanctioned Russian billionaire Alexei Mordashov. It travelled from Dubai to Muscat, Oman, over the weekend – one of few private vessels to transit through the strait in recent months.
US court rules many of Trump’s global tariffs are illegal
A US appeals court has ruled that most tariffs issued by US President Donald Trump are illegal, potentially removing a foreign policy tool that Trump has used extensively during his second term in office. The ruling affects Trump’s “reciprocal” tariffs, imposed on most countries around the world, as well as other tariffs slapped on China,…
Pakistan and Norway Sign Landmark Environmental Cooperation Agreement: Boost for Climate-Smart Agriculture and Carbon Markets
Islamabad, April 1, 2026: Pakistan and Norway have signed the country’s first bilateral carbon market agreement under Article 6.2 of the Paris Agreement. The deal will promote climate-smart agriculture, clean energy projects, climate finance, and international carbon trading in Pakistan.The Memorandum of Understanding (MoU) was signed in Islamabad under the Ministry of Climate Change and…
Severe Storms Hit Saudi Arabia, Schools and Colleges Closed
Saudi Arabia: Torrential rains across several regions of Saudi Arabia have caused widespread disruption, prompting the closure of schools and colleges. Heavy downpours in Riyadh, Dammam, Khobar, Jubail, and surrounding areas led to urban flooding, with streets submerged and multiple underpasses filled with water. Several vehicles were reported to have been submerged due to the…
BMP urges review of Iran power tariff as industrial cost may exceed Rs44 per unit
By Muhammad ShahzadLahore, PakistanLAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has urged the government to revisit the recently approved tariff for electricity imports from Iran, warning that the actual delivered cost to Pakistani consumers could exceed Rs44 per unit after adding transmission losses, surcharges and distribution charges, further weakening…
Letitia James: New York attorney general criminally indicted
New York Attorney General Letitia James has been criminally indicted on federal charges by a grand jury. James, who led a civil fraud investigation against Trump in 2023, was indicted on charges of bank fraud in the Eastern District of Virginia in Alexandria, according to court documents. Prosecutors accuse James of alleged bank fraud and…
