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France blocks access to online prediction platform Polymarket

France said Friday it was blocking access to the online prediction market Polymarket, as punters continued to make bets despite a ban already in place. The national gaming authority ANJ said that Polymarket’s webpage would be blocked on French territory, which adds to a November 2024 ban on financial transactions to the site. Polymarket is one of a number of online prediction markets which allow people to bet on the outcome of future events. The ANJ said the site’s continued availability — where betting odds on different events are updated in real time — constituted advertising. “Advertising, by any means whatsoever, in favour of an unauthorised betting or gambling site is a criminal offence,” the ANJ said, and noted the fines could reach 100,000 euros ($114,000). The regulator said that despite the ban on transactions from French accounts, visits from French internet addresses to Polymarket’s site have been rising, hitting 578,751 last month. The betting markets have caused a nu...
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Barren reforms

PRIME Minister Shehbaz Sharif’s assertion that agriculture and livestock hold the key to Pakistan’s quick economic revival is spot-on. The sector contributes almost a quarter of GDP, employs well over a third of the labour force and remains the largest source of livelihoods. Livestock alone accounts for more than 60pc of agriculture’s value addition, while Pakistan ranks among the world’s largest milk producers, and possesses considerable untapped potential in both milk and meat exports. Few sectors offer comparable opportunities to generate growth, reduce poverty, improve food security and earn foreign exchange simultaneously. But the PM’s declaration that the economy can be revived within a year through agriculture highlights the gap between ambition and policy execution. The agricultural crisis has never been about the absence of potential. It is the consequence of decades of policy neglect and inconsistency, institutional decay and distorted incentives. ...
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Gaza reconstruction plan under Trump’s Board of Peace reduced to pilot project: British publication

The recovery plan for war-battered Gaza, under US President Donald Trump’s Board of Peace (BoP), has been significantly scaled back and, instead of reconstructing the entire territory, now envisions a small pilot project in the south of the besieged territory, the British publication The Guardian reported on Thursday. The board was initially proposed in September 2025 and formally established in January. Under its charter, the US government serves as its official depository and Trump has designated the Donald J Trump Institute of Peace in Washington as the Board’s headquarters. A UN Security Council resolution adopted in mid-November last year authorised the board, along with cooperating states, to establish an international stabilisation force in Gaza following a ceasefire that began in October under a Trump-backed plan accepted by Israel and Hamas. According to the publication, the new pilot project now aims to construct a small temporary camp for a fraction of Gaza’s populat...
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Oil industry prompts government to discourage hoarding as petrol stocks decline to 14-day cover

ISLAMABAD: Pakistan’s oil supply chain players appeared nervous as petrol stocks declined to a 14-day cover on Thursday, prompting the government to urgently address procedural issues and activate enforcement mechanisms to discourage hoarding for profiteering in the market. The decline comes amid rising prices following renewed US-Iran hostilities. Informed sources said the government may have to revert to the fuel conservation measures adopted over the past couple of months as it reviews the latest regional situation. A session with the oil industry, urgently convened by the recently created National Coordination and Management Council (NCMC) — a civil-military body on energy supplies — “holistically” reviewed the availability of petroleum products across the country. Minister for Economic Affairs Ahad Khan Cheema is the chairman, while Lt Gen Zafar Iqbal is the co-chairman of the NCMC’s executive committee. Informed sources said petrol consumption had risen over the past three ...
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Generative AI’s power sparks fears of dumbing humans down

• Studies suggest memory, decision-making, critical thinking are most at risk • Experts say artificial intelligence removes ‘learning opportunities’ • Studies suggest AI boosts short-term gains, but weakens long-term learning • Long-term impact on human brain remains unclear PARIS: Generative AI chatbots capable of writing emails and computer code, translating, organising a trip or coming up with gift ideas are now readily available, prompting some to ask whether human brainpower could suffer for lack of use. A simple natural-language prompt is usually enough to draw a useable response from a service like ChatGPT or Claude, with the effects making themselves felt in schools and universities, workplaces from offices to courtrooms and our personal lives. Recent scientific studies suggest there could be harmful consequences to farming out cognitive tasks to AI. They highlight memory, decision-making and critical thinking as particularly at risk. One American-British study of 1,222 pe...
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Frontline communities face longer wait for funds

• FRLD board defers funding decisions till December, receives 176 requests from 119 states • Pakistan submits three proposals on agriculture, health, flash flood losses • Civil society concerned over ‘lack of transparency’, red tape ISLAMABAD: Pakistan and other climate-vulnerable countries will have to wait longer for disbursements from the Fund for Responding to Loss and Damage (FRLD) after its board decided to allow more time to assess an overwhelming number of funding proposals amid limited financial resources. The ninth meeting of the FRLD Board, held in Manila from July 8 to 10, ended without making any significant headway — a development that drew criticism from civil society groups, which said the Fund was failing vulnerable communities increasingly expo­sed to climate-related disasters. The Fund was established at COP27 in Egypt in 2022. A decision to operationalise it was taken at COP28 in Dubai, followed by its full operationalisation at COP29 in Azerb­aijan. With nearly...
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Holders of invalid, expired NICOPs barred from boarding flights to Pakistan: official

ISLAMABAD: Pakistanis residing abroad who hold an invalid, expired or cancelled National Identity Card for Overseas Pakistanis (NICOP) will no longer be allowed to board flights to Pakistan, official sources said on Wednesday. According to official sources, the government has issued immediate directives to all zonal directors of the Federal Investigation Agency (FIA) to convey the decision to every airline operating inbound flights to Pakistan. A government official told Dawn that the practice of allowing travel on invalid NICOPs had been going on for a long time and that it had been decided to stop it with immediate effect. “Airlines should be instructed to verify the validity of NICOPs prior to boarding and refuse carriage to any passenger presenting an invalid, expired or cancelled NICOP,” the official said. He added that passengers travelling on a foreign passport with an expired or otherwise invalid NICOP would not be allowed to board flights to Pakistan unless they held a va...
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