Cuban president denounces latest US sanctions, accuses Washington of reviving ‘McCarthyism’
Miguel Diaz-Canel argues US-backed far right uses ‘radical left’ to justify ‘aggression’ President of Cuba…
Cuban president denounces latest US sanctions, accuses Washington of reviving ‘McCarthyism’
Miguel Diaz-Canel argues US-backed far right uses ‘radical left’ to justify ‘aggression’ President of Cuba Miguel Diaz-Canel. PHOTO: ANADOLU AGENCY Cuba’s president on Friday denounced the latest United States sanctions on his country, accusing Washington of reviving a “new and more dangerous version of McCarthyism” through a campaign against what he called a global “radical…
Power consumers may face tariff hike
ISLAMABAD: Electricity consumers across Pakistan could face another increase in power bills next month after power companies sought a Rs1.20 per unit fuel cost adjustment (FCA) for August, citing higher generation costs driven largely by expensive imported fuels, particularly Regasified Liquefied Natural Gas (RLNG). If approved by the National Electric Power Regulatory Authority (Nepra), the…
IT exports hit record $4.6b
KARACHI: Pakistan’s information technology (IT) exports climbed to a record $4.600 billion in fiscal year 2025-26, extending the sector’s strong growth trajectory and reinforcing its position as the country’s largest services export. According to the State Bank of Pakistan’s (SBP) Balance of Payments data released on Friday, exports under the “Telecommunications, Computer and Information Services”…
Palestinian agency warns about Israeli plans for more than 1,000 new illegal settlement units in West Bank
Israel’s Higher Planning Council advances nine such projects since beginning of July, entrenching de facto annexation The Palestinian Colonisation and Wall Resistance Commission warned Friday that Israel is advancing new illegal settlement plans in the occupied West Bank involving the construction of 1,024 settlement units on more than 1,069 dunams (1,264.2 acres) of Palestinian land….
Islamabad court declares Omar Ayub proclaimed offender
ISLAMABAD: A district and sessions court in Islamabad on Saturday declared Pakistan Tehreek-e-Insaf (PTI) leader Omar Ayub a proclaimed offender in a case related to the November 26 protest. The court also issued permanent arrest warrants for Ayub. Judicial Magistrate Shaista Kundi heard the case. The court declared Ayub a proclaimed offender after he repeatedly…
Pakistan seeks strategic investment ties with Egypt
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has called for transforming Pakistan-Egypt relations into a stronger economic partnership based on trade, investment, joint production, technology cooperation and regional value chains. He was speaking at a reception held in Islamabad to celebrate the National Day of Egypt. The event was attended by ambassadors, high commissioners,…
India’s Skyroot launches Vikram-1 in first private orbital rocket mission
Making India the third country to achieve orbital launch capability through private enterprise Indian space startup Skyroot Aerospace launched its Vikram-1 rocket, marking the first attempt by an Indian private company to place a satellite in orbit, from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, India, July 18, 2026. Photo: REUTERS Indian space…
SC upholds FBR's stance in tax case
The Supreme Court of Pakistan has ruled that claims for input tax adjustment on construction materials, such as cement and steel used in the construction of factories or other immovable structures, are not admissible under the Sales Tax Act, 1990. The court further emphasized that mandatory legal requirements, particularly those concerning banking channels and the…
SPI stays elevated at 13.09% YoY
Weekly inflation rises 1.4% on surge in tomato, chicken, LPG prices amid oil disruption KARACHI: The Sensitive Price Indicator (SPI) remained elevated at 13.09% year-on-year for the week ended July 16, 2026 as prolonged closure of the Strait of Hormuz amid the Israel-US conflict with Iran continued to disrupt global oil supply chains and push…
US faces triple extreme summer weather threats
Firefighters are now battling 68 large fires nationwide, up by nearly two dozen from a day earlier The New York City skyline and the One World Trade Center are seen from the Edge observation deck through a cover of wildfire smoke in New York City, US. Photo: Reuters Wildfire smoke blanketed the eastern US from the…
