Saturday, June 7, 2025

IMF Forecasts 3.5% Economic Growth for Pakistan in FY25

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The International Monetary Fund (IMF) has affirmed Pakistan's economic growth forecast at 3.5% for the fiscal year 2024-25, maintaining its earlier projection despite global economic challenges. Economic Stability Amid Global Pressures The IMF's latest update underscores stable growth expectations amidst global economic uncertainties, including persistent inflation...

Obama Reflects on Post-Presidency Life: Strengthening Bond with Michelle and Ongoing Projects

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In a recent conversation at a Hamilton College event, Barack Obama opened up about his life after the presidency, revealing how his time in office impacted his personal life, particularly his marriage with Michelle Obama. Reflecting on the challenges of balancing a demanding presidential...

“Government Initiatives Address Delays in Pakistani Passport Issuance”

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The federal government has acknowledged the significant delays in Pakistani passport issuance, a matter of concern for applicants. Currently, over 800,000 passports await printing, but with the procurement of new machinery and lamination paper, this backlog is expected to be resolved soon. Passport and Immigration...

Navigating the Indus Waters Treaty: Climate Change and Pathways to Sustainability

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Recognizing climate change as a shared vulnerability, there's a growing call to shift focus from managing rivers to holistic basin management for sustainability. The 1960 Indus Waters Treaty, facilitated by the World Bank, remains pivotal but faces challenges. India's recent push for treaty amendments...

“England vs Australia T20I Series: Fresh Faces and Rivalry Renewed with Ashes Looming”

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England’s T20I series against Australia kicks off with international debuts for Jacob Bethell and Jordan Cox, while the ever-present talk of the Ashes lingers in the background. With eight matches scheduled over the next 18 days, including three T20Is starting in Southampton, fans are eager...

Trump’s Tariff Pause Sparks Stock Market Rally: Dow Surges Over 2,200 Points

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Dow Jones, S&P 500, and Nasdaq Rally on Tariff Pause The Dow Jones Industrial Average skyrocketed by more than 2,200 points, marking a 5.8% gain, after President Donald Trump announced a 90-day suspension on reciprocal tariffs affecting multiple countries. This development comes amid ongoing trade...

Salman Khan Confirms New High-Stakes Action Film with Sanjay Dutt After Sikandar

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Bollywood megastar Salman Khan has officially confirmed that he will team up with Sanjay Dutt once again for a massive action-packed film following the release of Sikandar. The announcement was made during a recent press meet in Mumbai, where Salman was promoting his highly-anticipated...

Supreme Court Pauses Deportations Under Alien Enemies Act Amid Legal Dispute

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In a significant legal development, the U.S. Supreme Court issued a temporary stay on deportations of Venezuelan migrants under the Alien Enemies Act, a rarely used 18th-century wartime law invoked by the Trump administration. The ruling, delivered early Saturday, pauses all removal actions pending...

US Banking Regulator Michael Barr Resigns Early Amid Tensions with Incoming Trump Administration

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Michael Barr, the top banking regulator at the US Federal Reserve, has announced his early resignation, citing the "risk of a dispute" as Washington prepares for a new administration under President-elect Donald Trump. Barr, who had previously called for stricter bank oversight after a...

Jack in the Box to Shut 200 Locations and Explore Del Taco Sale Amid Financial Struggles

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Jack in the Box, a well-known fast-food chain, plans to close 150 to 200 locations. This decision is part of a larger strategy to restructure the company amid declining sales and financial struggles. Restaurant Closures Aim to Cut Debt and Improve Cash Flow The company will...