The United States naval blockade of Iranian ports remains in place, Iran’s semi-official news agency Tasnim reported on Saturday, citing Iranian seafarers. “The naval blockade is still in place and ships are receiving stop warnings and denial of passage from CENTCOM,” the report cited the seafarers as saying. For his part, a top military advisor […]
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US hits Iran with new strikes, despite talks to end war
US forces attacked missile sites in southern Iran and boats trying to lay mines on Monday, US Central Command said, imperiling a fragile ceasefire and casting new doubt on a deal to end the Middle East war. The strikes came as top Iranian negotiators arrived in Doha for the latest round of talks to end […]
Despite global spike, government keeps fuel prices on hold
Prime Minister Shehbaz Sharif on Friday decided that the prices of petroleum products would not be increased this time despite the uptick in the global oil market. According to a statement issued by the Prime Minister’s Office (PMO), PM Shehbaz was quoted as saying that prices were not being increased to reduce the burden on […]
Thais, Cambodians fear returning home despite border truce
At a Thai university-turned-shelter for displaced people, Kanlaya Somjettana is reluctant to go home even after a truce halted weeks of border clashes with Cambodia, fearing the violence may not be over. She said some people forced to flee the fighting began returning home on Sunday, a day after the ceasefire was announced, but many […]
Pakistan aims 3.5% growth despite floods
Pakistan has consolidated its macroeconomic stability through strong fiscal discipline, improved foreign exchange reserves, and falling inflation, while aiming to maintain a growth rate of around 3.5 percent despite recent flooding, Finance Minister Muhammad Aurangzeb said in an interview with CGTN America. The minister said the country had made “significant progress” since the IMF approved […]
Fed govt has failed to stabilise economy: Murtaza Wahab
Advisor to Sindh Chief Minister for Information, Law and Anticorruption Barrister Murtaza Wahab on Thursday criticised the federal government, saying Prime Minister Imran Khan had completely failed to control the country’s economy. “Prime Minister Imran Khan should admit his inability to run the affairs of country. The Pakistani currency has touched another all-time low against […]
‘No Cuban troops in Venezuela’
Cuba has no troops in Venezuela and engages in no security operations there but maintains the right to carry out military and intelligence cooperation, a top Cuban diplomat said Wednesday in his government’s most detailed response yet to US accusations that its forces are propping up President Nicolás Maduro. Carlos Fernández de Cossío, Cuba’s director-general […]
PSX recovers despite political mayhem
Bears were defeated in Friday’s trading session despite of tension in the political environment as market witnessed major recovery. Market opened positive and touched a high of +362 points as institutional participation was witnessed mainly in the blue chip stocks. Market remained positive throughout the day and closed at 37,131 points level. Positive sentiments in […]