German envoy cites trade hurdles

LAHORE: Pakistan and Germany share longstanding friendly and economic relations, but significant untapped potential remains in trade diversification and investment expansion due to regulatory unpredictability, taxation complexity, lack of transparency and red tape, German Ambassador Ina Lepel said on Tuesday. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), she noted that bilateral trade…

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Infantino faces questions on World Cup eve

FIFA President Gianni Infantino is set to face the media on the eve of the World Cup. Photo: AFP LONDON: FIFA President Gianni Infantino is set to face the media on the eve of the World Cup on Wednesday, as off-field distractions dogged the build-up to the tournament. Infantino is likely to face tough questions about sky-high ticket…

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Global oil inventories near 22-year low

Total oil inventories in the members of the Organisation for Economic Cooperation and Development will fall NEW YORK: Oil stockpiles in the world’s largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at a record pace to plug the loss of over 11 million barrels a…

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Iran to reach US day before their opener

MEXICO CITY: Iran’s football federation announced on Tuesday that the country’s World Cup team will fly to Los Angeles the day before their opening group stage match against New Zealand. The Iranian team will be based in Tijuana in Mexico throughout the tournament, despite playing their three first round matches in the United States. Iran…

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Pakistan name squad for Asian Games

Sahibzada Farhan will lead the Pakistan Men’s Team in the Asian Games 2026. Photo: AFP LONDON: Sahibzada Farhan will lead the Pakistan team in the Asian Games 2026, set to take place in Aichi-Nagoya in Japan from 19 September to 4 October.  The 10-team Men’s T20I event will be played at Korogi Athletic Park in Aichi Prefecture. The men’s…

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Pakistan, Russia eye economic pact

ISLAMABAD: Pakistan and Russia are set to sign an economic cooperation agreement by 2030 targeted at boosting trade and investment opportunities in different areas of the economy. Pakistan has also agreed to join the International North-South Transport Corridor proposed by Russia, which will be connected to Gwadar Port. Recently, the Russian deputy prime minister announced…

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Serena makes triumphant return

Serena Williams made a winning return to tennis after four years in retirement. Photo: AFP LONDON: Serena Williams said she had “so much fun” as the American legend rolled back the years in her triumphant return to tennis in the Queen’s Club doubles on Tuesday. Four years after appearing to end her glittering career, Williams and…

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Gilgit’s prized trout under threat as climate change, overfishing take toll

Cold, glacier-fed waters in Gilgit-Baltistan provide ideal environment for trout breeding Gilgit-Baltistan (G-B) region, famed for its towering peaks, vast glaciers, and pristine lakes, is facing a sharp decline in its prized trout population as climate change, habitat loss, and overfishing threaten the species. Its icy, glacier-fed waters provide an ideal environment for breeding of…

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