Should we worry about C/A deficit?

With political pressure likely to increase ahead of future elections, there is a risk that higher fiscal spending, easier monetary conditions, and stronger import demand could widen the deficit, complicating long-term investment planning. PHOTO:FILE KARACHI: If there is one economic data point that has consistently worried Pakistani analysts, investors, policymakers, bankers, and even the common…

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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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In China, people brave simulated typhoons to prepare for the real thing

Hangzhou centre generates 165kph winds, torrential rain to mimic real disaster conditions Participants practice evacuating an underground facility during a typhoon survival training session at the Lvxing Disaster Simulation Training Centre in Hangzhou, Zhejiang province, China, July 15, 2026. PHOTO: REUTERS Huang Zhen, 34, shut his cafe for a day last week to be buffeted…

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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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