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Widening Trade Deficit Poses Threat to Pakistan’s Economic Stability
By Dr. Ansab Ali — Lahore, PakistanLAHORE: The All Pakistan Business Forum (APBF) has raised serious concerns over Pakistan’s rapidly widening trade deficit, calling for urgent government intervention to revive exports and rein in unsustainable import growth as pressures on the country’s external sector intensify.Citing data from the Pakistan Bureau of Statistics (PBS), APBF President…
Rememberance Sunday: Honouring Kenya’s forgotten World War soldiers
National Army Museum Thousands of Kenyan soldiers fought in the British army during the world wars One day, some 85 years ago, Mutuku Ing’ati left his home in southern Kenya and was never seen again. The 30-something Mr Ing’ati had disappeared with no explanation – for years his family desperately tried to track him down,…
After US Attacks on Iran, President Pezeshkian Holds First Extended Meeting with Mojtaba Khamenei
First Public-Level Meeting of Supreme Leader Mojtaba Khamenei Since His AppointmentTehran (International News Agencies) — Iranian President Masoud Pezeshkian held a nearly two-and-a-half-hour meeting with Supreme Leader Ayatollah Mojtaba Khamenei amid recent US and Israeli strikes on Iran. This is the first publicly confirmed meeting of Mojtaba Khamenei with a senior official since he assumed…
Macron Rebukes Israeli Threats,Announces Joint Peace Conference with Saudi Arabia
Paris/Tel Aviv: French President Emmanuel Macron issued a strong response to Israeli warnings, declaring that France will not be pressured into abandoning its recognition of a Palestinian state. “Israel lacks the courage to pressure France. It cannot prevent us from recognizing Palestine,” Macron said, criticizing Israel for its ongoing aggression in Gaza and expansion of…
Uganda Army Chief Demands $1 Billion and “Most Beautiful Bride” from Turkey — Threatens to Shut Embassy
KAMPALA — In a bizarre and unprecedented diplomatic outburst, Uganda’s Army Commander General Muhoozi Kainerugaba — son of President Yoweri Museveni — has demanded that Turkey hand over one billion dollars and what he described as the country’s “most beautiful bride,” warning that failure to comply would result in the closure of Turkey’s embassy in…
State Bank of Pakistan Raises Interest Rate by 100 Basis Points to 11.5%
KARACHI — The State Bank of Pakistan (SBP) has increased its benchmark interest rate by 100 basis points, raising it from 10.5% to 11.5%, following a meeting of the Monetary Policy Committee (MPC).The central bank cited rising inflationary pressures and evolving macroeconomic conditions as key factors behind the decision to tighten monetary policy. The move…
