ISLAMABAD: Pakistan is positioning itself as the venue for the next round of technical negotiations between the United States and Iran, according to diplomatic sources, with talks expected to resume July 11 even as the two governments continued to hurl insults at each other during the funeral proceedings for Iran’s assassinated supreme leader.
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No stablecoin, no license – but Pakistan got what it came for
Buried inside the 927-page financial disclosure that President Trump’s office filed this week with the U.S. Office of Government Ethics is a number that says a great deal about how his second term has reshaped his business, and perhaps his diplomacy along with it: $515 million. That is roughly what Trump earned last year from the sale of tokens issued by World Liberty Financial, the cryptocurrency venture launched by his sons and the sons of his Middle East envoy, Steve Witkoff. It is one piece of a crypto windfall that, once meme-coin royalties and other digital-asset income are added in, helped push Trump’s total reported earnings for 2025 above $2 billion.
Britain, Pakistan in talks over deporting convicted child rapist Shabir Ahmed
ISLAMABAD: British officials have opened talks with the government of Pakistan over deporting Shabir Ahmed, the convicted ringleader of the Rochdale grooming gang, who walked out of prison this week after serving roughly half of a 19-year sentence for the rape and sexual exploitation of children, according to the BBC.
Sindh cotton ginners shut mills within weeks of opening as tax relief fails to materialise – report
KARACHI: Several cotton ginning factories in Sindh province have shut down within a month of starting operations, industry officials told Dawn newspaper, after the federal government failed to reduce an 18% sales tax on the sector in its latest budget, deepening a price collapse that is rattling farmers and millers across Pakistan.
Pakistan trims petrol, diesel prices, but levy changes limit the benefit
KARACHI: The government lowered gasoline and diesel prices for the first time in roughly three weeks, passing on part of the recent decline in global crude costs to motorists while a simultaneous tax increase curbed the size of the relief.
SBP chief sees growth beating government estimate
KARACHI: Pakistan’s economy is poised to grow faster than the government’s own estimate for the past fiscal year, the central bank governor said, pointing to a buildup in foreign-currency reserves and a jump in remittances that have helped stabilise the country’s finances after years of crisis.
SBP forecasts $44 bln in worker remittances, reserves above $20 bln by December
KARACHI: Pakistan’s central bank expects remittances from overseas workers to reach a record $44 billion in the fiscal year that began on July 1, while forecasting its foreign exchange reserves will exceed $20.2 billion by the end of December, Governor Jameel Ahmad said on Friday.”
Pakistan moves to ban substandard syringes following string of child HIV outbreaks
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday ordered a nationwide ban on the manufacture and use of substandard syringes, acting a day after parents of children infected with HIV at a Karachi hospital took their case to court seeking criminal charges against those responsible.
Lahore court remands four suspects in sexual assault, kidnap case involving two foreign women
LAHORE: A Lahore court on Friday ordered five days of physical remand for four men arrested over the alleged kidnapping and rape of two foreign tourists, a case that has drawn attention after police said the women were held for ransom and sexually assaulted over several days in the eastern city of Lahore.
U.S. Secretary of State Marco Rubio arrives for a handshake for photographers with Pakistani Deputy Prime Minister and Foreign Minister Ishaq Dar at the State Department in Washington, D.C., U.S., July 25, 2025. REUTERS/Jonathan Ernst
US backs Pakistan’s right to self-defence as UN splinters over terrorism strategy
ISLAMABAD: The United States on Thursday reaffirmed its support for Pakistan’s right to defend itself against terrorist attacks, as a UN vote this week exposed rare discord over the world body’s flagship counterterrorism strategy, with Washington breaking two decades of consensus to vote against the text.