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PIAF Raises Alarm Over Sharp Export Decline, Calls for Urgent Cost Reforms
By Dr. Ansab Ali — Lahore, PakistanLAHORE: The Pakistan Industrial & Traders Association Front (PIAF) has expressed grave concern over a sustained decline in Pakistan’s exports, warning that a widening trade gap could place further pressure on the country’s fragile economy unless urgent cost-cutting reforms are implemented.PIAF Chairman Faheemur Rehman Saigol, along with Senior Vice…
Iran releases two French nationals from detention
Iran has released two French nationals who were detained there for more than three years, French President Emmanuel Macron has said. Cécile Kohler, 41 and her partner Jacques Paris, 72, have been released from Evin prison, Macron said on Tuesday, with France’s foreign minister later confirming they were “safe” at the embassy in Tehran “ahead…
Kenya fuel prices rise sharply despite reduction in tax due to Iran war
In its latest review, the energy regulator raised the cost of diesel by 40 Kenya shillings to 206 ($1.6; £1.2) a litre, while petrol rose by 28 shillings to a similar level. It said this reflected higher global oil and shipping costs, even as the government cut value added tax to 13% from 16%.
Trump-Putin Alaska Summit to Focus on Ukraine Peace Deal, Economic Concessions on Table
WASHINGTON/ANCHORAGE — U.S. President Donald Trump is set to meet Russian President Vladimir Putin in Alaska on Friday for high-stakes talks aimed at ending the war in Ukraine, with reports suggesting that Washington is preparing significant economic incentives for Moscow. According to the UK’s The Telegraph, Trump’s proposal could grant Russia access to Alaska’s natural…
