Bolivia ends 15-year dollar peg

LA PAZ: Bolivia will adopt a flexible exchange-rate system, the government said on Friday, effectively devaluing the currency by ending a 15-year dollar peg in a major policy shift aimed at restoring economic stability. Bolivia’s central bank will oversee the shift, as the government aims to “strengthen macroeconomic stability, preserve external competitiveness and contribute to…

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Workers stage ‘Ball without Billionaires’ to protest Bezos ahead of Met Gala

Hundreds of organisers and Amazon workers took streets to stage a fashion event, raising awareness on worker rights Just hours before the 2026 Met Gala, hundreds of labor organizers staged their own counter–fashion show in downtown Manhattan, protesting Amazon founder Jeff Bezos’s involvement in this year’s event.   Hundreds gathered in the Meatpacking District to…

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SC bars third-party property in dower

Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: The Supreme Court has declared that property owned by a third person cannot be included as part of dower without the owner’s clear consent. The judgment came in a civil petition for leave to appeal against a…

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Steps on to execute refinery policy

ISLAMABAD: The government has become active again amid the US-Iran conflict, taking measures to implement the new oil refinery policy to make the country self-sufficient in oil supplies. The Special Investment Facilitation Council (SIFC) is pushing the relevant ministries to resolve the General Sales Tax (GST) waiver issue. Owing to the GST concession, refineries and…

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Imran named prime accused in funding case

Pakistan Tehreek-e-Insaf founder Imran Khan. Photo: File ISLAMABAD: The Federal Investigation Agency (FIA) has finalized its charge sheet in the foreign funding case and has designated former prime minister and PTI founder Imran Khan as the prime accused. The agency is expected to submit the charge sheet in court today (Wednesday). According to sources, the…

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Pak seeks binding global water safeguards

DUSHANBE: Minister for Climate Change and Environmental Coordination Dr Musadik Malik on Tuesday warned that unilateral actions on transboundary water arrangements could weaken international treaty systems and create long-term risks for downstream countries, as he called for stronger global protections for shared water resources. Delivering Pakistan’s national ministerial statement at the 4th High-Level International Conference…

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Sharae Faisal goes under automated lane watch

E-challans issued for violations as right lanes reserved for private vehicles and left for bikes, commercial traffic Sharae Faisal, which spans approximately 14 kilometres, has been selected for the pilot project due to its importance as Karachi’s main traffic artery and the relative ease of monitoring compliance. PHOTO: ET KARACHI: Traffic authorities have formally launched…

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Move to rein in illegal cattle markets

FIRs to be lodged as unregulated Eid livestock setups disrupt traffic, sanitation, civic order KARACHI: Illegal cattle markets that have mushroomed across the city ahead of Eidul Azha are now set to face criminal proceedings, as the city administration moves beyond warnings and decides to register FIRs against those responsible for setting up unapproved livestock…

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