Staff Reporter

LAHORE: Pakistan on Saturday rejected &ldquo;misleading and unfounded commentary&rdquo; surrounding financial deposits from the United Arab Emirates (UAE), asserting that the return of matured funds is a routine, agreed-upon financial transaction between the two countries. The clarification comes amid renewed attention to UAE deposits that have supported Pakistan&rsquo;s external financing position in recent years. The funds, placed with the State Bank of Pakistan since 2019, have been periodically rolled over and form part of broader arrangements with key partners to help maintain foreign exchange reserves as part of ongoing economic stabilization efforts. In an official statement, the Ministry of Foreign Affairs said the deposits were placed &ldquo;under bilateral commercial agreements,&rdquo; reflecting the UAE&rsquo;s continued support for Pakistan&rsquo;s economic stability. &ldquo;Accordingly, pursuant to mutually agreed terms, the Government of Pakistan, through the SBP, is now returning the matured deposits to the UAE,&rdquo; the spokesperson said, adding, &ldquo;This is a routine financial transaction, and any attempt to portray it otherwise is erroneous and misleading.&rdquo; The remarks follow media reports speculating that Islamabad is set to return up to $3.5 billion to the UAE, raising concerns over potential pressure on foreign exchange reserves and the broader external financing outlook. Earlier, the Ministry of Finance also addressed the issue, stating that &ldquo;the Government of Pakistan is continuously monitoring and managing Pakistan&rsquo;s external flows in order to ensure stable foreign exchange reserves,&rdquo; while reaffirming its commitment to meeting all external obligations. The Foreign Office underscored that financial arrangements between Islamabad and Abu Dhabi should be viewed within the broader framework of longstanding bilateral cooperation, rather than through speculative interpretations. &ldquo;Pakistan and the UAE share a longstanding, fraternal partnership built on trust and strategic cooperation across trade, investment, defence, and people-to-people ties,&rdquo; the statement said. Reaffirming the strength of ties, the ministry highlighted the historic role of the UAE&rsquo;s founding leader, Sheikh Zayed bin Sultan Al Nahyan, noting that the people of Pakistan &ldquo;warmly cherish&rdquo; his contributions in fostering close relations between the two nations. The Foreign Office further stressed that the relationship &ldquo;has stood the test of time&rdquo; and continues to deepen across multiple sectors. &ldquo;Pakistan remains fully committed to further strengthening this enduring relationship for a shared, prosperous future,&rdquo; the spokesperson added.

Economy

Islamabad says it is ‘now returning matured’ UAE deposits under agreed terms, calling the process routine, dismissing speculation as misleading, and reaffirming strong bilateral ties alongside continued commitment to external financial stability.

Pakistan rejects UAE deposit speculation, terms repayment routine transaction

KARACHI: Pakistan&rsquo;s Karachi Port experienced a surge in transhipment traffic this week as global shipping lines rerouted cargo away from the Gulf amid the escalating conflict linked to the US-Israeli war with Iran, pushing the port close to peak operational capacity.&nbsp;Port authorities said the facility reached about 80% capacity on Friday when two major transhipment vessels, M/V CGLA Ocean Breeze 1 and M/V GFS Jade, berthed simultaneously at the Karachi International Container Terminal (KICT) and Karachi Gateway Terminal Limited (KGTL) terminals, marking the busiest point in a week-long increase in diverted cargo.&nbsp;The surge comes as rising security risks and sharply higher war-risk insurance premiums for ships entering the inner Gulf have forced several international shipping companies to divert thousands of containers to Karachi as a safer regional alternative.&nbsp;The regional disruption is unfolding against the backdrop of the ongoing conflict triggered by coordinated US and Israeli strikes on Iranian targets, which has raised concerns about maritime security near key Gulf shipping lanes and energy routes.&nbsp;To maintain regional trade flows, KGTL this week launched a dedicated feeder service linking Karachi with major United Arab Emirates ports, including Fujairah and Khor Fakkan.&nbsp;The shuttle service allows large &ldquo;mother vessels&rdquo; to offload containers in Karachi&rsquo;s waters before smaller feeder ships transport the cargo onward to Gulf destinations.&nbsp;&ldquo;By linking Karachi directly with major UAE hubs, we are providing importers and exporters with reliable access to global shipping networks,&rdquo; said Khurram Aziz Khan, chief executive officer of KGTL, in a statement.&nbsp;Industry officials say the move has already attracted several regional shipping operators, including TS Line, Heung-A Shipping and Sinokor Merchant Marine, which are increasingly treating Karachi as a contingency hub for regional operations.&nbsp;However, the sudden influx of diverted cargo has placed pressure on port operations. Congestion data from Trans-Border Global Freight Systems shows vessel waiting times have risen to about 2.5 days as ships attempt to discharge containers at alternative destinations.&nbsp;To ease the strain, Pakistan&rsquo;s Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry earlier announced an emergency waiver of demurrage charges for auctionable containers, provided they are cleared within seven days.&nbsp;The minister described the measure as a &ldquo;proactive approach to resolving congestion,&rdquo; aimed at speeding up the clearance of stalled cargo and creating space for incoming transhipment shipments.&nbsp;Officials say the shift began earlier in the week with several high-capacity arrivals, including the vessels MV TS Tacoma, MV TS Sydney, and MV Photon, initially viewed as precautionary diversions but now seen as part of a broader operational shift.&nbsp;Karachi Port Trust Chairman Rear Admiral (Retd) Shahid Ahmed reassured international partners that the port remains capable of handling the increased activity.&nbsp;&ldquo;Karachi Port remains fully operational and committed to facilitating uninterrupted maritime trade,&rdquo; he said in a statement on X.

Major Pakistani port sees a surge in diverted cargo as Gulf tensions disrupt shipping routes, prompting the launch of a feeder service to UAE ports while authorities introduce emergency measures to ease congestion and sustain regional trade flows.

Karachi Port becomes transshipment hub as Gulf war disrupts shipping

LAHORE: Saudi Arabia has agreed to extend the maturity of its $3 billion deposit placed with the central bank for another year, offering critical support to Pakistan&rsquo;s fragile external account, the State Bank of Pakistan (SBP) said on Thursday. In a statement, SBP said the Saudi Fund for Development (SFD) has rolled over the deposit initially due to mature on December 8 for a further 12 months. &ldquo;The extension of the term of the deposit is a continuation of the support provided by the Kingdom of Saudi Arabia to the Islamic Republic of Pakistan, which will help strengthen Pakistan&rsquo;s foreign exchange reserves and contribute to the country&rsquo;s economic growth and development,&rdquo; the SBP noted. The $3 billion deposit was originally signed in 2021, and later rolled over in 2022, 2023, and 2024, making this the fourth extension.&nbsp; Last week, the SBP reported that its foreign exchange reserves increased slightly by $9 million, reaching $14.560 billion as of the week ending November 21. However, Pakistan&rsquo;s total liquid reserves fell to $19.605 billion, down from $19.738 billion, due to a decline in commercial banks&rsquo; foreign currency holdings, which dropped from $5.186 billion to $5.044 billion. Saudi Arabia has historically been one of Pakistan&rsquo;s most reliable partners, extending support in the form of oil on deferred payments, guarantees for international lenders including the International Monetary Fund, and recurring deposit rollovers to stabilize Pakistan&rsquo;s external sector. With over 2.5 million Pakistani expatriates working in the Kingdom, Saudi Arabia remains Pakistan&rsquo;s largest source of remittances. Following a meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman on the sidelines of the FII9 Conference in Riyadh, the two countries strengthened their strategic cooperation after signing a defense pact.&nbsp;

Foreign Affairs

State Bank says deposit’s term extension is a continuation of support provided by Saudi Arabia; will help strengthen Pakistan’s foreign exchange reserves, contribute to the country’s economic growth and development.

Saudi Arabia extends $3B deposit with Pakistan for another year

ISLAMABAD: Pakistan on Tuesday rejected Taliban accusations that its forces carried out overnight airstrikes inside Afghanistan&rsquo;s Khost province, after an explosion killed 10 civilians, including nine children.&nbsp;Taliban spokesman Zabihullah Mujahid said the raid &ldquo;martyred&rdquo; the victims and claimed the target was &ldquo;the house of a local civilian resident.&rdquo; He publicly blamed Pakistan for the attack in a statement posted on X. Islamabad flatly denied the allegation.&nbsp;Lieutenant General Ahmed Sharif Chaudhry, head of Pakistan military&rsquo;s media wing, Inter-Services Public Relations, during an interaction with senior journalists said, &ldquo;Pakistan has not attacked Afghanistan.&rdquo;&nbsp;He emphasized that &ldquo;whenever Pakistan conducts any operation, it announces it formally,&rdquo; underscoring that the country &ldquo;never attacks civilians.&rdquo;&nbsp;The latest charge has deepened tensions already heightened since two powerful explosions struck central Kabul on October 9. The Kabul incident triggered a week of cross-border hostilities that resulted in a 48-hour ceasefire brokered in Doha, with follow-up diplomacy in T&uuml;rkiye.&nbsp;Pakistani officials maintain the truce was contingent on a &ldquo;concrete and verifiable monitoring mechanism&rdquo; to ensure Afghan territory is not used to stage attacks against its forces or civilians.&nbsp;Lt. Gen. Chaudhry reiterated that Pakistan&rsquo;s conflict is with militant networks, not the Afghan population.&nbsp;&ldquo;Our policy is against terrorism, not against the Afghan people,&rdquo; he said. &ldquo;Our issue is with the Afghan interim government, not with Afghanistan&rsquo;s people.&rdquo;&nbsp;Security officials described the militants operating from Afghan soil as the Fitna al-Khawarij network, Islamabad&rsquo;s term for the Tehreek-e-Taliban Pakistan (TTP), invoking the historic extremist sect synonymous with rebellion and violent upheaval.&nbsp;According to ISPR, since November 4, Pakistani forces have killed 206 militants in operations across Khyber Pakhtunkhwa and Balochistan provinces.&nbsp;Lt. Gen. Chaudhry noted that &ldquo;all suicide bombers are Afghan,&rdquo; warning that &ldquo;terrorists will be pursued until their last breath.&rdquo;&nbsp;He urged the Taliban regime to act decisively against cross-border militancy. &ldquo;The Afghan regime must take verifiable action against terrorist hideouts,&rdquo; he said, adding there would be no further talks &ldquo;until verifiable action is taken.&rdquo;&nbsp;Efforts to engage Kabul have repeatedly stalled.&nbsp;&ldquo;From 2021 to 2025 we repeatedly engaged the Afghan government, but no result came,&rdquo; Lt Gen Chaudhry said.&nbsp;Stressing Pakistan&rsquo;s posture as a responsible state actor, he added: &ldquo;We are a state, and we respond as a state. Blood and business cannot run together, it cannot happen that we face attacks and simultaneously maintain trade.&rdquo;

Security

Pakistan’s military media wing spokesperson denies Taliban claims of overnight Khost strikes, saying Pakistan conducts no such attacks and insists Kabul to take action against militants.

Pakistan denies overnight strikes amid rising Kabul tensions

LAHORE: The State Bank of Pakistan (SBP) has launched a new digital investment platform, InvestPak, enabling individuals and corporations to invest in government securities entirely online.&nbsp;The initiative forms part of the central bank&rsquo;s broader strategy to modernize Pakistan&rsquo;s financial infrastructure and accelerate the shift toward a cashless economy.&nbsp;According to the SBP, InvestPak digitizes the entire investment process for customers holding rupee accounts with banks, primary dealers (PDs), and microfinance banks (MFBs). Through the web portal, users can open Investor Portfolio of Securities (IPS) accounts, submit bids in primary auctions, and trade government securities in the secondary market without visiting a branch.&nbsp;&ldquo;All banks are mandated to facilitate customer registration on the portal,&rdquo; the SBP said in a circular. &ldquo;Microfinance banks are encouraged to extend the same facility to their clients. All financial institutions must ensure efficient onboarding and a seamless user experience.&rdquo;&nbsp;The system allows users to link and operate multiple rupee and IPS accounts across different financial institutions via a single login, with registration requests required to be processed within two working days.&nbsp;As of June 30, 2025, total investment in government securities stood at Rs46.566 trillion, with scheduled banks holding Rs38.7 trillion (83%) and corporates Rs7.856 trillion (17%). The SBP expects that opening access to individual investors through InvestPak will broaden participation, deepen the domestic debt market, and diversify the investor base.&nbsp;The launch comes as the central bank advances a comprehensive digitalization roadmap. In September, the National Assembly&rsquo;s finance committee was informed that all federal and provincial government payments are to be fully digitized by June 2026, including transactions of state-owned enterprises.&nbsp;SBP Governor Jameel Ahmad told the committee that the central bank is taking &ldquo;comprehensive steps to promote a secure, inclusive, and technology-driven payments ecosystem,&rdquo; noting that 88% of retail transactions in Pakistan are now digital&mdash;a major shift reflecting the rapid uptake of electronic payments.&nbsp;Pakistan&rsquo;s digital financial infrastructure currently supports 226 million bank accounts and 46 million Raast IDs. To strengthen consumer protection, the SBP has introduced a bank liability framework and a mandatory two-hour cooling-off period for digital transfers to mitigate fraud.&nbsp;The digital banking landscape is also expanding. Mashreq Bank recently became the first international bank to launch full digital operations in Pakistan, rolling out nationwide services in 12 months&mdash;significantly faster than the global average of five years. Five additional digital banks have received in-principle approval to operate.&nbsp;To promote innovation, the SBP has also backed new digital payment solutions. Governor Ahmad recently inaugurated the JazzCash Experience Lounge, featuring facial and palm biometrics, wearables, and QR-based payment technologies.&nbsp;The SBP said InvestPak represents a major step in expanding public access to investment opportunities in Pakistan&rsquo;s financial markets, calling it part of a long-term transition to &ldquo;a more transparent, inclusive, and digitally driven economy.&rdquo;

The State Bank of Pakistan launched InvestPak, a digital platform enabling individuals and corporates to invest in government securities online, aiming to modernize financial infrastructure, promote inclusion, and advance Pakistan’s cashless economy

Pakistan’s central bank launches InvestPak to expand digital access to government securities

KARACHI: Pakistan&rsquo;s economic future is increasingly linked to the sea, with sustainable &ldquo;blue growth&rdquo; positioned to drive the country toward a $100 billion maritime economy, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said on Thursday.&nbsp;He was speaking at the closing ceremony of the Pakistan International Maritime Expo &amp; Conference (PIMEC) 2025 at the Expo Center Karachi.&nbsp;&ldquo;The sea is becoming the axis of Pakistan&rsquo;s trade and climate resilience,&rdquo; Chaudhry said, announcing that two new ships have joined the Pakistan National Shipping Corporation (PNSC) fleet, with three more expected soon.&nbsp;He also confirmed that Pakistan has issued a license for its first private ferry service, describing it as &ldquo;an important step toward sustainable maritime travel and regional connectivity.&rdquo;&nbsp;Chaudhry outlined plans for Pakistan&rsquo;s first green ship repair and recycling yard at Port Qasim, part of what he called a &ldquo;Sea-to-Steel Integrated Maritime Industrial Complex.&rdquo;&nbsp;He added that the government has allocated Rs12 billion [$42 million] to modernize the shipbreaking facilities at Gaddani to ensure compliance with international environmental standards.&nbsp;The four-day PIMEC exhibition, organized jointly by the Pakistan Navy and the Ministry of Maritime Affairs, featured more than 150 domestic and 28 foreign exhibitors from 20 countries.<div class="fr-embed"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 550px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-0" scrolling="no" frameborder="0" allowtransparency="true" allowfullscreen="true" style="position: static; visibility: visible; width: 550px; height: 624px; display: block; flex-grow: 1;" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1986427644007813372&lang=en&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Farticles%2F&sessionId=b5526c5a7b4db488710934b272c751ac1545dd96&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px" data-tweet-id="1986427644007813372"></iframe></div></div>Displays ranged from marine biotechnology and aquaculture to ocean renewable energy systems, digital navigation, autonomous marine vessels, and maritime defense technologies.&nbsp;Speaking at the opening session, Planning Minister Ahsan Iqbal described Pakistan as a &ldquo;natural maritime bridge between the East and West.&rdquo;&nbsp;However, he noted that the maritime sector currently contributes less than one percent to Pakistan&rsquo;s GDP, well below the four to seven percent share seen in comparable maritime economies.&nbsp;&ldquo;We must unlock the economic potential of our seas,&rdquo; he said.&nbsp;This year&rsquo;s expo saw a notable rise in homegrown innovation. The National Electronics Complex of Pakistan (NECOP) showcased the SAFRAH Drone-Jamming Gun, which exhibitors said can neutralize drones within a 1.5 kilometer radius. Stingray Technologies displayed unmanned surface vessels for reconnaissance and logistics.&nbsp;Students from Sir Syed University of Engineering and Technology introduced marine safety IoT devices, while Zarwah Enterprises highlighted bio-secure aquaculture systems for coastal livelihoods.&nbsp;The Gwadar Development Authority presented its Smart Port City Master Plan 2050, signaling long-term coastal urban development, while the Sindh People&rsquo;s Housing for Flood Affectees pavilion demonstrated climate-resilient housing models with strong women-led participation in post-flood reconstruction.&nbsp;Panelists at the parallel International Maritime Conference stressed that turning maritime innovation into large-scale economic gains will require coordinated policy, long-term financing, and stronger public-private collaboration.&nbsp;Chaudhry said Pakistan&rsquo;s shift toward a sustainable blue economy is not only an economic strategy but a climate resilience imperative.&nbsp;&ldquo;If nurtured strategically, Pakistan&rsquo;s blue economy can evolve into a $100 billion sector by 2047,&rdquo; he said, adding that building a &ldquo;green, secure, and competitive maritime sector&rdquo; is now a national priority.

Pakistan highlights sustainable “blue growth” to drive a $100bn maritime economy, as Minister Junaid Anwar Chaudhry announces new shipping expansion, green shipyard development, and stricter environmental standards at PIMEC 2025 in Karachi.

Sustainable ‘blue growth’ key to Pakistan’s $100 billion maritime future, says minister

PESHAWAR: Authorities in Pakistan&rsquo;s Khyber Pakhtunkhwa province have issued a high weather alert for November 4 and 5, warning of heavy rain, thunderstorms, and snowfall in multiple districts already recovering from devastating floods earlier this year.&nbsp;The Provincial Disaster Management Authority (PDMA) said the incoming weather system poses a &ldquo;significant risk,&rdquo; particularly in mountainous areas weakened by the August 2025 cloudburst disaster that claimed nearly 400 lives across the province.&nbsp;&ldquo;This is not a routine weather advisory,&rdquo; the PDMA said in its alert. &ldquo;Given recent damage to terrain and infrastructure, even moderate rainfall may trigger landslides and disrupt mobility and essential services.&rdquo;&nbsp;The weather system is expected to affect nearly the entire province.&nbsp;Rain, thunderstorms, and snowfall are forecast in northern districts, including Upper and Lower Dir, Upper and Lower Chitral, Upper and Lower Kohistan, Shangla, Battagram, Mansehra, Abbottabad, Haripur, Buner, Malakand, Bajaur, and Mohmand.&nbsp;Rain and thunderstorms are also likely in central and southern areas, including Peshawar, Kohat, Charsadda, Nowshera, Mardan, Swabi, Khyber, Orakzai, Kurram, Hangu, Karak, Bannu, Lakki Marwat, North and South Waziristan, Tank, and Dera Ismail Khan.&nbsp;Saeda Saleh, a meteorologist with the Pakistan Meteorological Department, said the system is being driven by &ldquo;western winds,&rdquo; adding that authorities have urged the public to remain alert.&nbsp;&ldquo;People should stay cautious, especially in areas where the land is still unstable,&rdquo; she said.&nbsp;Officials fear that already weakened slopes in flood-affected districts could give way. The Met Office has explicitly warned of possible landslides in Abbottabad, Battagram, Dir, Chitral, Kohistan, Kurram, Shangla, and Swat, many of the same regions that were heavily impacted in August.&nbsp;In response, PDMA has directed all district administrations to activate emergency protocols, including &ldquo;cleaning of drainage systems to prevent urban flooding&rdquo; and ensuring &ldquo;full readiness of emergency response teams&rdquo; for rapid deployment. Authorities have also been instructed to issue timely alerts to residents and travelers, particularly in high-risk valleys.&nbsp;Residents have been strongly advised to avoid non-essential travel during the weather spell. Farmers and livestock owners, who suffered severe losses in the August floods, have been urged to move animals and stored crops to safer areas as a precautionary measure.&nbsp;PDMA said it will continue to monitor developments and provide further updates as the system approaches.

Climate & Environment

Pakistan’s disaster authority issued a high alert for November 4–5 in Khyber Pakhtunkhwa, warning of heavy rain, thunderstorms, and snowfall that could trigger landslides in flood-weakened mountain districts and disrupt essential services.

Landslides weather warning alert issued for Pakistan's north-west

Web Desk

ISLAMABAD: Pakistan declared a three-day public holiday from May 26 to 28 to observe Eid-ul-Adha, according to a government notification. Eid-ul-Adha, the Festival of Sacrifice, marks the conclusion of the annual <a href="https://pakistantv.com/article/pakistan-hajj-operation-accelerates-as-thousands-of-pilgrims-arrive-in-saudi-arabia" target="_blank" style="color: rgb(0, 0, 0);" rel="noopener noreferrer">Hajj pilgrimage</a> to the holy city of Makkah, Saudi Arabia. The festival takes place on the 10th day of Dhul Hijjah, the final month in the Islamic lunar calendar. It commemorates Prophet Ibrahim&#39;s (Abraham) submission to God. On the festival&#39;s opening day, Muslims gather for special congregational prayers. Families engage in &quot;qurbani,&quot; the ritual slaughter of permissible (halal) livestock, including goats, sheep, cattle, and camels. The sacrificial meat is divided equally among the household, extended family and friends, and the poor. Throughout the celebration, adherents dress in new clothes, visit relatives, and greet one another with &quot;Eid Mubarak.&quot;

Culture

Pakistan's government declares a three-day public holiday for Eid-ul-Adha, with Prime Minister Shehbaz Sharif signing off on the decision

Pakistan announces three-day public holiday for Eid-ul-Adha

ISLAMABAD: The US Senate on Tuesday advanced a resolution to limit President Donald Trump&rsquo;s authority to conduct military action against Iran without congressional approval, marking the first time Democrats have cleared such a procedural vote after seven failed attempts. The joint resolution, introduced by Democratic Senator Tim Kaine and several other senators, directs the president to remove US armed forces from &quot;hostilities within or against Iran&quot; unless Congress formally authorizes military action through a declaration of war or a specific use-of-force authorization. According to the text of the resolution, lawmakers argued that Congress alone has the constitutional authority to declare war under Article I of the US Constitution and that Congress has neither declared war on Iran nor approved military force against the country. The Senate voted 50-47 to discharge the resolution from the Committee, with four Republican senators, Susan Collins, Lisa Murkowski, Rand Paul, and Bill Cassidy, joining most Democrats in backing the resolution, while Democratic Senator John Fetterman voted against it, CBS News reported. The resolution further states that military action against Iran, including the enforcement of a naval blockade, would constitute hostilities under the War Powers Resolution. However, the measure includes provisions allowing the United States to defend itself against attacks, continue intelligence-sharing with allies, and assist partner countries targeted by Iran or its proxies through defensive support, according to the resolution. Speaking before the vote, Kaine said Americans were increasingly opposed to another conflict in the Middle East. &quot;They are deeply opposed to this war,&quot; he told reporters, according to CBS News. Kaine also linked the conflict to rising economic pressure on Americans, particularly fuel prices ahead of the Memorial Day holiday travel period. &quot;We&rsquo;re coming up on Memorial Day. A lot of people do a lot of driving, they&rsquo;re going to be paying a lot for gas,&quot; Kaine said, according to CBS News. Senate Minority Leader Chuck Schumer said the vote showed growing Republican unease over the administration&rsquo;s Iran policy. &ldquo;Momentum is building to check him,&rdquo; Schumer said. The resolution still has to pass a final vote and, even then, would face major obstacles in the Republican-controlled House of Representatives, which has already rejected similar efforts, and would almost certainly be vetoed by Trump if it reached his desk, AFP reported.

US Senator Tim Kaine speaks following the Senate's vote on the War Powers resolution, at the US Capitol in Washington, DC on February 13, 2020. (Photo by MANDEL NGAN/AFP)

Americas

Middle East

The Senate has approved a procedural step to limit unauthorized US hostilities against Iran. However, the resolution still has to pass a final vote in both chambers of Congress and likely presidential opposition. 

US Senate moves to restrict unauthorized hostilities against Iran

ISLAMABAD: The United Nations has warned of a growing and potentially grave threat of nuclear terrorism emerging from Afghanistan under the Taliban.&nbsp;According to a UN report, the Taliban regime has sheltered international terrorist groups to sustain its rule, allowing militant networks operating from Afghan territory to pose a serious danger to global security.&nbsp;The report raises particular alarm over 133 tablets of stolen uranium dioxide taken from Tajikistan, which could potentially be acquired by the banned al-Qaeda network in Afghanistan. &ldquo;I think the threat has never been so high as it is today,&rdquo; according to Mauro Miedico, Director of the UN Counter-Terrorism Centre (UNCCT). &ldquo;Terrorist groups and individuals engage much more strongly with new technologies. Terrorist groups have recruited experts, including AI specialists, and we have seen the use of drones in terrorist acts. This potentially makes it more possible that they will launch a dirty bomb via drone.&rdquo;&nbsp;The report notes that al‑Qaeda has repeatedly signaled intent to conduct nuclear attacks, and that incidents of smuggling and theft of radioactive material have been recorded in several countries.&nbsp;Experts cited in the report say the combination of foreign fighters, modern technology available to militant groups in Afghanistan, and the sanctuary provided by the Taliban creates a real risk of nuclear terrorism.&nbsp;The findings echo warnings previously issued by the United States, Pakistan, European states and Central Asian countries, which have repeatedly described terrorism emanating from Afghanistan as a major security threat.&nbsp;The UN has called for strengthened international cooperation, improved controls on nuclear and radiological materials across the region, and enhanced monitoring and interdiction efforts to prevent dangerous materials from reaching extremist hands.

Artillery shells have hit areas near the Zaporizhzhya Nuclear Power Plant in Ukraine since the full-scare Russian invasion of the country in 2022. (File photo: United Nations/IAEA)

Afghanistan

The report notes that al‑Qaeda has repeatedly signaled intent to conduct nuclear attacks, and that incidents of smuggling and theft of radioactive material have been recorded in several countries.

UN warns of rising nuclear terrorism risk from Afghanistan under Taliban

STRASBOURG (FRANCE): EU lawmakers and member states reached a deal in the early hours of Wednesday to implement the bloc&#39;s nearly year-old trade pact with the United States, as President Donald Trump threatened new tariffs unless the pact is implemented by July 4. The 27-nation bloc struck an accord with Washington last July, setting levies on most European goods at 15%, but to Trump&#39;s frustration, it had yet to make good on its pledge to scrap levies on most US imports in return. Negotiators from the EU&#39;s parliament and capitals wrangled late into the night, finally emerging several hours after midnight with news of an agreement to move forward. &quot;This means we will soon deliver on our part,&quot; EU chief Ursula von der Leyen said as she welcomed the agreement and called for the implementation process to be finalized quickly. &quot;Together, we can ensure stable, predictable, balanced, and mutually beneficial transatlantic trade,&quot; von der Leyen said in a social media post. The EU agreement puts the bloc on track to meet Trump&#39;s deadline for ratification of the deal sealed in Turnberry, Scotland, between Trump and von der Leyen, and hopefully turn the page on more than a year of transatlantic trade battles. Short of that, Trump had warned the European Union should expect &quot;much higher&quot; tariffs -- and had already vowed to raise duties on European cars and trucks from 15% to 25%. The tariff blitz unleashed by Trump before the Turnberry accord, including hefty levies on steel, aluminum and car parts, jolted the bloc into cultivating trade ties around the world. But the EU cannot afford to neglect the &euro;1.6-trillion ($1.9-trillion) relationship with the US, its largest trade partner. No more &#39;sunrise&#39;&nbsp;The EU parliament gave the deal a conditional green light in March, after months of delay caused by Trump&#39;s designs on Greenland and a US Supreme Court ruling striking down many of the president&#39;s tariffs. Lawmakers were under pressure to renege on several amendments that the Americans considered unacceptable -- including a suspension clause that would scrap favorable tariff conditions for US exporters should the US breach the deal. The final text empowers the European Commission to trigger the suspension mechanism if the US fails to meet its commitments or disrupts trade and investment with the EU, including by &quot;discriminating against or targeting EU economic operators.&quot; It also gives the EU means to address spikes in US imports &quot;that cause or threaten to cause serious injury to domestic producers,&quot; with suspension again a possible outcome. But parliament also agreed to scale back some demands -- and the final text notably gave the US until the end of the year to drop surtaxes above 15% on steel components, rather than insisting on it as a precondition. Another fight was over so-called &quot;sunrise&quot; and &quot;sunset&quot; clauses under which the EU side of the accord would kick in once the US makes good on its pledges, and would expire unless renewed in 2028. The sunrise clause was removed altogether, while the sunset was pushed back to the end of 2029, according to a parliament statement. The head of parliament&#39;s trade committee, Bernd Lange, faced the challenge of hammering out a common stance between different factions that haggled until the last moment. Lange played down the concessions extracted from lawmakers, declaring after the deal was announced that &quot;parliament has prevailed with its demands for a comprehensive safety net.&quot; But Anna Cavazzini of the EU&#39;s Greens was less effusive, saying the &quot;deal puts the EU at a disadvantage&quot; while conceding &quot;it can secure a certain degree of economic stability.&quot; &quot;One can only hope that the agreement on the tariff deal will now calm the situation, so that other major issues in the EU-US relationship can be addressed,&quot; she said.

Europe

EU lawmakers and member states approve progress on a major US trade pact to avoid fresh Trump tariffs and stabilize the $1.9 trillion transatlantic economic relationship after months of tensions.

EU agrees to implement US trade pact after Trump threats

SYLHET:&nbsp;Spinner Taijul Islam took six wickets to lead Bangladesh to a 78-run win over Pakistan in the second Test and clinch a famous 2-0 series win on Wednesday. Pakistan, who started the fifth day on 316-7 chasing a record 437, were bowled out for 328 in the first session in Sylhet after Mohammad Rizwan hit a valiant 94. It was Bangladesh&#39;s first Test series win at home against Pakistan and a second successive sweep after their 2-0 triumph on Pakistani soil in 2024. The win marked another major milestone for Bangladesh, who secured four successive Test series victories for the first time in their history. &quot;It&#39;s difficult to explain the emotions of that final hour because Pakistan were batting really well and we were under pressure,&quot; Bangladesh captain Najmul Hossain Shanto said. &quot;But compared to previous matches, we controlled our emotions better and avoided panic. &quot;Every player and member of the support staff contributed, and as captain I feel very proud of the team&#39;s work ethic.&quot; Wicketkeeper Rizwan kept Pakistan in the hunt for an unlikely win with a 166-ball stay after the visitors had slumped to 162-5 on day four. Rizwan put on an eighth-wicket partnership of 54 with overnight partner Sajid Khan, who made 28. Taijul broke through to dismiss Sajid for his 18th Test five-wicket haul, and pace bowler Shoriful Islam had Rizwan caught in the next over to end Pakistan&#39;s resistance. &quot;It&#39;s never good to lose games,&quot; said Pakistan skipper Shan Masood. &quot;In both matches we had significant chances, but we need to reflect on where we lost the game in batting, bowling and fielding if we want to move forward as a side.&quot; Taijul took the final wicket of Khurram Shahzad to return second-innings figures of 6-120 and trigger the Bangladesh celebrations. Taijul&#39;s four wickets on Tuesday had left Pakistan in deep trouble. Former captain Babar Azam counter-attacked with 47 before wicketkeeper Litton Das produced a stunning catch off Taijul. Captain Masood made 71, while Salman Ali Agha added 71 in a crucial 134-run sixth-wicket stand with Rizwan before Taijul broke through. Taijul, a left-arm spinner, also took 3-67 during Pakistan&#39;s first innings of 232. Litton, who was named player of the match, scored 126 in Bangladesh&#39;s first innings of 278. Veteran batsman Mushfiqur Rahim scored 137 in the second to guide Bangladesh to 390, with contributions from Mahmudul Hasan Joy (52) and Litton (69). The 39-year-old Mushfiqur was named player of the series for his 253 runs in two matches. Bangladesh won the opening Test by 104 runs.

Bangladesh's players celebrate after the dismissal of Pakistan’s Babar Azam during the fourth day of the second Test cricket match between Bangladesh and Pakistan at the Sylhet International Cricket Stadium in Sylhet on May 19, 2026. (Photo: AFP)

Cricket

With this win, Bangladesh completes a 2-0 whitewash, marking their second consecutive series win against Pakistan in red ball cricket.

Taijul takes six to lead Bangladesh to Pakistan Test series win

ISLAMABAD: Taliban authorities in southern Afghanistan&rsquo;s Kandahar province have imposed new restrictions on YouTubers and video content creators, warning them against producing and publishing videos on social media platforms, according to Afghanistan International on Wednesday. According to the report, officials from the Taliban&rsquo;s Ministry for the Propagation of Virtue and Prevention of Vice recently summoned several YouTubers and social media activists in Kandahar and ordered them to stop creating video content.&nbsp; The move has alarmed young Afghan creators who say social media platforms such as YouTube have become one of the few remaining outlets for cultural expression and employment in the country. Youtubers spoke to Afghanistan International that they made videos about the city, historical sites, markets, traditions and people&rsquo;s lives.&nbsp; They said some of the videos also focused on social issues, including harmful customs, drug addiction and illiteracy. Other creators said their content had attracted thousands, and in some cases millions, of online views, helping showcase Afghan culture and daily life to international audiences. &ldquo;YouTube was one of our main sources of income, but now that making videos has been banned, we are effectively unemployed,&rdquo; another creator said. The restrictions currently appear to apply only in Kandahar province, though creators expressed concern that the policy could expand to other parts of Afghanistan. Since returning to power in 2021, the Taliban have steadily tightened restrictions on media and public expression. Under the Taliban&#39;s morality law, the publication of images of &ldquo;living beings&rdquo; is prohibited. As part of enforcing the policy, Taliban authorities have suspended state television broadcasts and shut down or restricted several local media outlets in different provinces. International rights organizations and media advocacy groups have repeatedly condemned the Taliban&rsquo;s restrictions on images and media content, calling on the authorities to respect freedom of expression and reverse policies limiting independent journalism and digital media activity in Afghanistan.

Freedom of expression - (Photo: Wikimedia Commons)

The Taliban in Kandahar have banned YouTubers and content creators from making videos, further tightening media restrictions and threatening livelihoods and freedom of expression in Afghanistan.

Afghan Taliban tighten restrictions on youtubers and video creators in Kandahar

BEIJING: Beijing has agreed to work with Washington on reducing levies affecting tens of billions of dollars in goods, a commerce ministry statement said Wednesday, days after US President Donald Trump visited China. Under the auspices of a newly established trade council, &quot;both sides agreed in principle to discuss a framework arrangement for reciprocal tariff reductions on products of equivalent scale&quot;, covering &quot;$30 billion or more on each side&quot;, the online statement said. US President Donald Trump was in Beijing last week, where he held talks with his Chinese counterpart, Xi Jinping, over a variety of issues, especially the trade tariffs.

Asia

A statement from the Chinese Ministry of Commerce said that Beijing and Washington agreed in principle to discuss a framework arrangement for reciprocal tariff reductions on products of equivalent scale.

China says to work with US on reciprocal tariff cuts for $30 billion of goods each

ISLAMABAD: Students across Afghanistan are growing discouraged as the Taliban expand religious schools while public education facilities continue to deteriorate, according to the daily Hasht-e-Subh. Images circulating on social media in recent days showed students sleeping inside classrooms, highlighting worsening conditions in public schools and sparking renewed criticism of the Taliban&rsquo;s education policies. Since the Taliban returned to power in August 2021, modern education has been systematically weakened while the group has prioritized religious instruction through madrasa networks. According to the daily, subjects such as mathematics, physics and chemistry have received less attention in some schools, while greater emphasis has been placed on ideological, political and military-related topics aligned with Taliban teachings. The concerns come as Afghanistan&rsquo;s education sector continues to face severe economic strain. Many families struggling with poverty are unable to keep children in school, while restrictions imposed by the Taliban have further discouraged students from pursuing education.&nbsp; International observers and education advocates have repeatedly warned about the growing imbalance between religious and public education in Afghanistan. An international survey found that the Taliban had built 15 religious schools for every one public school, despite the country&rsquo;s deepening education crisis. Afghanistan&rsquo;s public schools also continue to suffer from shortages of qualified teachers, learning materials and proper classroom facilities, particularly in rural areas.

Afghan schoolboys in Helmand (Photo: Wikimedia Commons)

Afghanistan’s public education system is deteriorating under Taliban rule as religious schools expand, classrooms decline, and students lose access to quality modern education.

Afghan Taliban’s focus on religious schools is discouraging students from education

ISLAMABAD: Pakistan has emphasized the need for sustained &ldquo;confidence-building measures&rdquo; and expedited &ldquo;resumption of negotiations,&rdquo; reiterating Islamabad&rsquo;s deep concern over the ongoing war in Ukraine.&nbsp; Russia launched its full-scale invasion of Ukraine in February 2022, with the ensuing conflict resulting in a tidal wave of destruction that has left entire cities in ruins. Speaking at the UNSC, Acting UN Permanent Representative of Pakistan Ambassador Usman Jadoon, the ambassador said, &ldquo;The conflict has persisted for over four years, resulting in widespread devastation that has severely impacted human lives and livelihoods.&rdquo; He said that Islamabad was concerned about the prolongation of the war, condemning reports of increased attacks. Such actions prolong the conflict, erode trust, and obstruct meaningful progress toward peace, he said, stressing that civilians remained the primary victims.&nbsp; The ambassador reiterated that protection of civilians, humanitarian workers, and civilian infrastructure was a fundamental legal obligation under international humanitarian law, which all parties must uphold under all circumstances. Welcoming the recent ceasefire announcements, the ambassador said these measures can help build confidence and should be sustained to create an enabling environment for a complete ceasefire and lasting peace. He also urged both parties to &ldquo;prioritize diplomacy, demonstrate genuine political will, and move forward constructively toward a just and enduring solution.&rdquo;

Acting UN Permanent Representative of Pakistan says Islamabad is concerned about the prolongation of the war, condemns reports of increased attacks.

At UN, Pakistan calls for confidence-building measures, revival of talks on Ukraine

WASHINGTON: US President Donald Trump will attend next month&#39;s G7 summit in France, a White House official told AFP Tuesday, despite tensions between Washington and its allies over a host of issues, from Iran to tariffs. Trump&#39;s attendance had not previously been confirmed at the meeting of the Group of Seven leading economies in the French Alpine lakeside resort of Evian, June 15-17. The White House said in January that France had changed the dates to accommodate Trump&#39;s schedule. Trump is holding a cage fight at the White House on June 14, his 80th birthday. The US president wants to discuss topics including artificial intelligence, trade and crime-fighting at the leaders&#39; summit, Axios reported. But the summit takes place against a backdrop of frictions between the United States and other G7 members, particularly over the war Trump launched on Iran in February. Trump has lashed out at US allies for failing to help open up the Strait of Hormuz, the strategic waterway that Iran has effectively shut down, causing global oil prices to spike. Western allies, including the G7, have in return expressed concerns about the impact of the US-Israeli war on their economies, particularly at a time when they are dealing with tariffs imposed by Trump. Trump&#39;s attendance at a NATO summit in Turkey in early July has still not yet been confirmed. The Group of Seven countries are Britain, Canada, France, Germany, Italy, Japan and the United States. Each country assumes the group&#39;s rotating leadership, organizing annual summits and ministerial meetings.

Trump has lashed out at US allies for failing to help open up the Strait of Hormuz, the strategic waterway that Iran has effectively shut down, causing global oil prices to spike.

Articles by Staff Reporter