US eases Iran oil sanctions with 60-day waiver

Pakistan, Qatar report ‘encouraging progress’ at Lucerne Negotiators chart 60-day path to final accord PM welcome ISLAMABAD: Pakistan and Qatar on Monday reported “encouraging progress” in the first high-level talks between the United States and Iran held under the framework of the Islamabad Memorandum of Understanding (MoU), announcing the establishment of mechanisms aimed at steering…

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PPP’s Amjad Hussain elected as G-B chief minister

House also elects its speaker and deputy speaker from PPP and PML-N, respectively Newly-elected G-B Chief Minister Amjad Hussain Advocate. Photo: APP GILGIT: In the first session of the Gilgit-Baltistan Assembly on Monday, PPP-nominated candidate Amjad Hussain Advocate was elected unopposed as chief minister of the region. The PML-N’s Hafiz Hafeezur Rehman was also elected…

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Europe swelters under intense heat

Palestinians take a dip in the Mediterranean Sea on a hot summer day, in Gaza City. Photo: REUTERS. MADRID/ PARIS/ LONDON: Thirteen drowned in France on Sunday and overnight into Monday as people sought relief from the heat, a spokesperson for the Civil Safety service said, and three elderly people died as a result of…

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Another exchange loses licence over violations

. KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorisation of M/s Time Exchange Company (Pvt) Limited with immediate effect due to serious violations of its regulatory instructions, according to a statement issued on Monday. The central bank said the exchange company, including its head office and all branches, has been prohibited from…

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Qatari PM urges caution, says ‘external circumstances’ may affect US-Iran talks

Says MoU requires the US and Iran to ‘meet regularly’ to resolve outstanding issues Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani called Monday for caution amid the ongoing talks between the United States and Iran, warning that “external circumstances” could still affect negotiations despite the “will” on both sides. “We must be cautious,…

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