ME war, El Niño, reform delays increase risks

El Nino warms surface temperatures in the central and eastern equatorial Pacific Ocean. PHOTO: AFP KARACHI: Pakistan’s macroeconomic outlook remains vulnerable to a prolonged or widened Middle East conflict that could keep global oil, freight and insurance costs elevated, the State Bank of Pakistan warned in its August 2026 Monetary Policy Report. The report also…

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Aston Villa gear up for PSG test

UEFA Champions League winners Paris Saint-Germain will lock horns with UEFA Europa League champions Aston Villa on Wednesday(today) in the UEFA Super Cup at StadionSalzburg in Austria. Aston Villa manager Unai Emery says his side are entering a “new era” as they prepare to face Paris Saint-Germain in the 2026 UEFA Super Cup on Wednesday. Villa qualified for the showpiece after winning the…

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Pakistan, US sign five-year deal to support 66 PhD scholars

The government and the United States have renewed their longstanding partnership in higher education through a new five-year agreement between the Higher Education Commission (HEC) and the United States Educational Foundation in Pakistan (USEFP) that will also entail supporting 66 PhD scholars over a five-year period. They also reaffirmed their shared commitment to academic excellence, human capital development and…

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S Africa name squad for Namibia tour

JOHANNESBURG: South Africa named spinner Bjorn Fortuin as captain of their Twenty20 side to take on neighbours Namibia and Zimbabwe in a tri-series in Windhoek this month, and a three-game one-day international series. The same squad will play the T20 series from August 28 to September 6 at the Namibia Cricket Ground and three ODIs…

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Gold prices in Pakistan on Tuesday

KARACHI: Gold and silver prices increased further in global and local markets on Tuesday, with international bullion rates pushing domestic prices higher. In the international bullion market, gold prices rose by $24 per ounce during trading, reaching $4,373 per ounce. Following the global trend, gold prices in Pakistan’s local bullion markets also recorded a significant increase….

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Pakistan lines up Korea, Russia tours

ISLAMABAD: Pakistan’s senior hockey team will play a four-match series in South Korea, while Pakistan Whites are set to participate in a bilateral series in Russia, the Pakistan Hockey Federation said. The senior team will face South Korea in four international matches during its tour, providing another opportunity for the side to gain competitive experience…

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