ogood2054

Germany’s debt brake reform fails to advance

Commission members fail to find common ground, will offer non-binding ideas instead of full reform FRANKFURT: A planned reform of Germany’s cap on public borrowing will not take place during the government’s current legislative term, German mass tabloid Bild reported on Saturday, adding members of the responsible commission have failed to find common ground. The…

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Vessel clears Hormuz, docks in Karachi

KARACHI: The vessel MV SELEN arrived at Karachi Port on Saturday, becoming the first Pakistan-bound vessel to do so following the reopening of the Strait of Hormuz after more than a month of disruption caused by conflict in the Middle East. In a statement, the Karachi Port Trust (KPT) said: “MV SELEN, operated by NLC…

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FinMin to attend World Bank-IMF meetings

Will also meet policymakers, Pakistani diaspora to highlight reform progress, growth prospects Finance Minister Muhammad Aurangzeb speaking at the Pakistan Policy Dialogue in Islamabad Photo: Screengrab ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has departed for the United States to participate in the World Bank Group-IMF Spring Meetings 2026, scheduled to be held in Washington…

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JD Vance leaves after 21-hour talks end without agreement, praises Pakistan’s mediation efforts

US Vice President JD Vance speaks during a news conference after meeting with representatives from Pakistan and Iran on Sunday April 12, 2026 in Islamabad. Photo: Reuters United States Vice President JD Vance said on Sunday that intensive 21-hour discussions with Iran did not reach an agreement. He also appreciated Pakistan’s efforts for a deal. The US…

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govt facilitated 50 foreign journalists

ISLAMABAD: Information Minister Attaullah Tarar on Saturday stated that around 50 foreign journalists arrived in Pakistan for the “Islamabad Talks”. “Journalists from various countries, including China, Saudi Arabia, Japan, Germany and Korea have submitted visa applications to cover the talks,” he said while speaking to state broadcaster PTV. Tarar noted that yesterday, Deputy Prime Minister…

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The great gold squeeze

PUBLISHED April 12, 2026 KARACHI: Gold, in the subcontinent, has always been much more than just a metal you can buy and sell—it’s embedded in our social and emotional lives. It lives in velvet-lined boxes that smell faintly of stale attar and old wood, in musty bank lockers visited before weddings, in the quiet arithmetic…

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JD Vance says ’21-hour US-Iran talks end without agreement’, credits Pakistan for efforts

Deputy Prime Minister and Foreign Minister Ishaq Dar. SCREENGRAB Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday stressed that the US and Iran should continue to uphold their commitment to the ceasefire as talks ended without an agreement. “It is imperative that the parties continue to uphold their commitment to the ceasefire,” said…

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Business bodies unite on economic issues

KCCI, FCCI say high energy costs undermining competitiveness, demand tax rationalisation in upcoming budget KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and the Faisalabad Chamber of Commerce and Industry (FCCI) have agreed to maintain frequent interaction and structured engagements to effectively highlight and resolve pressing issues faced by the business community, according to…

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