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Donald Trump issued a stern warning on Monday, threatening to impose a 100% tariff on BRICS nations if they pursue actions that could undermine the US dollar’s dominance. In a post on his Truth Social platform, Trump stated, “We require a commitment… that they will neither create a new BRICS currency nor back any other…
United Bank Limited (UBL) has overtaken Meezan Bank Limited (MBL) to claim the title of Pakistan’s most valuable bank by market capitalization. According to a LinkedIn post by Mohammed Sohail, CEO of Topline Securities, UBL’s market capitalization has reached an impressive Rs. 426 billion ($1.5 billion), making it the leading financial institution in the country….
Pakistan’s stock market has been on an unprecedented rise in recent months, with the KSE-100 Index crossing the historic 100,000-point mark on October 28, 2024. This “golden day” in the history of the Pakistan Stock Exchange (PSX) has sparked debate, with the government attributing the surge to effective economic policies, while critics label it as…
King Philippe of Belgium has formally accepted the credentials of Dr. Amal Jadou Shakaa, the newly appointed Palestinian ambassador to Belgium, Luxembourg, and the European Union. This marks the first-ever meeting between the Belgian King and a diplomatic representative from Palestine, symbolizing a significant step in Palestinian-Belgian relations. The Royal Palace of Belgium confirmed the…
Political unrest in Pakistan is taking a heavy toll on the nation’s economy. Federal Finance Minister Muhammad Aurangzeb recently revealed that ongoing protests, attributed to Pakistan Tehreek-e-Insaf (PTI), cost the country approximately Rs 190 billion per day. This staggering figure highlights the severe consequences of prolonged instability on economic growth and public welfare. According to…
Goldman Sachs predicts that OPEC+ production cuts will provide near-term support for global oil prices, with Brent crude prices expected to remain stable. Recent data shows that crude production from Iraq, Kazakhstan, and Russia has declined by 0.5 million barrels per day, reflecting compliance with OPEC+ policies to curb supply. Saudi Arabia, a key OPEC+…
In the Balochistan province of Pakistan, Nushki is a captivating municipality known for its scenic landscapes and cultural significance. Situated 135 km southwest of Quetta, at an elevation of approximately 2,900 feet, Nushki is often referred to as the City of the Golden Desert, thanks to its expansive and breathtaking desert that extends westward toward…
Former Israeli Interior and Justice Minister Ayelet Shaked was denied a visa to Australia on Thursday, reportedly due to concerns that her presence could “vilify” Australians or “incite discord” among the community. This decision was based on provisions in Australia’s Migration Act, as reported by The Australian. Shaked, who was set to attend a high-profile…
Karachi’s Business Community Launches New Airline “Air Karachi” with Rs 5 Billion Investment The business community of Karachi has taken a bold step in boosting Pakistan’s aviation sector by launching a new airline, Air Karachi, with an initial investment of Rs 5 billion. This ambitious venture aims to enhance competition, improve passenger services, and provide…
Casio’s first Smart Ring has Innovative Features like a Stopwatch and Flashing Alarm Casio has introduced its first smart ring, the CRW-001-1JR, a revolutionary wearable to commemorate the 50th anniversary of its digital watch business. Priced at approximately $128 (￥19,800), this compact yet feature-packed device will debut in Japan in December, offering a modern twist…
