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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Israel targets more than 500 acres in occupied West Bank with military orders

Palestinian commission says 49 orders issued since January impose restrictions on use of privately owned land Israel has issued 49 military orders targeting 2,093 dunams (517 acres) of privately owned Palestinian land in the occupied West Bank since January, the Palestinian Colonisation and Wall Resistance Commission said Saturday. It said the orders, issued under “security…

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Trump says Iran ceasefire on ‘life support’

WASHINGTON/DUBAI: President Donald Trump said on Monday that the fragile ceasefire between the United States and Iran was on “massive life support” after rejecting Tehran’s latest counterproposal, sharply escalating fears that the Middle East conflict could reignite and further disrupt global energy supplies. The remarks came as tensions surrounding the Strait of Hormuz pushed oil…

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Rs10b sanctioned for textile, export sectors

ISLAMABAD: The Ministry of Commerce has sanctioned Rs10 billion for the textile and apparel industry and other export sectors under the Duty Drawback and Technology Upgradation Schemes, aimed at improving industrial liquidity and supporting export growth, the ministry said on Saturday. Federal Minister for Commerce Jam Kamal Khan announced the development on X, expressing confidence…

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Strength, stardom and silent battles

Actor Yumna Zaidi has long cultivated an image of grace, restraint and professionalism, rarely allowing glimpses into her private world. That carefully maintained boundary briefly softened this week when she shared a cryptic Instagram Story that hinted at hidden emotions, prompting an outpouring of concern and support from fans across social media. The message, posted…

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North Korea accuses NATO of expanding war preparations through fuel network plan

Claims NATO’s planned expansion of fuel supply network demonstrates transformation into more aggressive military bloc North Korean leader Kim Jong Un speaks during the second plenary meeting of the Ninth Central Committee of the Workers’ Party of Korea (WPK), in Pyongyang, North Korea, in this picture released June 23, 2026. PHOTO: Korean Central News Agency…

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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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