Japanese cars giving in to Chinese NEVs

KARACHI: Recent tensions and disruptions in the Strait of Hormuz have triggered a fresh energy crisis, turning the global shift to electric vehicles from a gradual climate response into an urgent economic imperative. For energy import-dependent nations like Pakistan, the stakes are particularly high. Decades of reliance on imported fuel have left the economy vulnerable,…

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Three killed in Khyber flash floods as monsoon rains sweep through K-P

Monsoon death toll climbs in province as authorities issue fresh landslide warnings Three die in Khyber flash floods amid widespread monsoon rains across Khyber-Pakhtunkhwa. PHOTO: EXPRESS PESHAWAR: Three people died after being swept away by flash floods triggered by heavy monsoon rains in Khyber district on Monday, as widespread downpours prompted fresh floods and landslide…

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Why Pakistani oil and gas projects fail

Owner decision-making, flawed EPC terms and weak evaluation criteria are to blame ISLAMABAD: Pakistan has recently made a number of hydrocarbon discoveries, which need rapid and economical development. This led me to study some associated project execution practices currently in vogue and share suggestions which may help. Although a project always has two major parties…

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Saudi support & economic sovereignty

Financial breathing space is valuable, but is no substitute for institutional reform ISLAMABAD: Saudi Arabia’s decision to increase its financial support to Pakistan by replacing the deposits withdrawn by the United Arab Emirates (UAE) under the ongoing International Monetary Fund (IMF) programme deserves sincere appreciation. At a time when geopolitical uncertainty has intensified across the…

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Settlers torch mosque, factory in West Bank

AT TUWANI, WEST BANK: Israeli settlers set fire overnight to a mosque in a village in the occupied West Bank, a Palestinian official said Sunday, as an AFP journalist saw the structure’s entrance scorched and Hebrew graffiti sprayed on its walls. The incident came during a period of increased attacks against Palestinian communities by settlers…

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Foreign salvage firms eyed for K2 search

A photo of a K2 Airways plane. — K2 AIRWAYS WEBSITE KARACHI: Pakistani authorities are considering engaging foreign deep-sea salvage specialists to assist in the recovery of the missing K2 Airways cargo aircraft that crashed into the Arabian Sea off the coast of Ormara, as efforts continue to locate the crew, fuselage, engines and the…

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Fiscal federalism in practice vs law

ISLAMABAD: Two schools of thought have emerged in the recent debate on the 18th constitutional amendment, which brought a structural shift towards devolution. One school – let’s call it centralists – has argued that the federal government is now structurally weak and in a perpetual fiscal crisis, since 57.5% of divisible resources are transferred to…

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Balochistan, Sindh reach water supply deal

QUETTA: A high-level ministerial delegation from Balochistan successfully negotiated a deal with Sindh authorities to address the province’s critical water shortages, offering a lifeline to thousands of desperate agricultural families. In a pivotal meeting held in Karachi, both sides agreed to long-term cooperation and an immediate increase in water supplies to resolve the inter-provincial dispute….

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