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Showing posts from May, 2026

The social weight on the new budget

The government must stop shifting the cost of weak revenue mobilisation onto households and the corporate sector and instead offer targeted tax relief to offset the burden imposed in recent years, including a reduction in the petroleum levy. While support for the most vulnerable remains necessary given high poverty levels, sustained job-creating growth is vital. It is unreasonable to tax a monthly income of Rs50,000, which falls below the amount required for a family’s subsistence. To make the tax regime more logical and equitable, the income tax threshold should be raised to Rs1.5 million per annum (Rs125,000 per month) from the current Rs600,000. The tax slabs and rates should then be recalibrated accordingly to preserve progressivity while providing meaningful relief to low-income earners. At the same time, there is little justification for imposing a super tax on the already compliant corporate sector while large segments of the economy — including many services, retail and whole...

Pakistan's 'resolute response' in May 2025 conflict debunked notion of space for war in South Asia: military official

A military official from Pakistan has said that the country’s “resolute response” to India during the May 2025 conflict had effectively debunked the notion of space for war in South Asia. Commander I Corps Lieutenant General Nauman Zakria made these remarks during a special session at the Shangri-La Dialogue in Singapore on Saturday. In May 2025, a four-day conflict between Pakistan and India was sparked by an attack on tourists in occupied Kashmir, which New Delhi, without evidence, linked with Pakistan. Islamabad strongly denied responsibility while calling for a neutral investigation . After New Delhi launched deadly air strikes in Punjab and Azad Kashmir on May 7, Pakistan said it downed five Indian planes in air-to-air combat, later raising the tally to eight . After tit-for-tat strikes on each other’s airbases, it took American intervention on May 10 for both sides to finally reach a ceasefire . Speaking at the Shangri-La conference, Lieutenant General Zakria said strat...

Jaffar Express resumes service from Quetta

QUETTA: Pakistan Rai­lways resumed train operations from Balochistan on Saturday, restoring services after a three-day suspension, railway officials said. According to the officials, train operations from the province have been fully restored, with the Jaffar Express departing from Quetta for Peshawar. They said that the return service of the Jaffar Express will also depart from Peshawar for Quetta as per the timetable, restoring connectivity between the province and other parts of the country. The Jaffar Express, the only train service from Quetta to Peshawar, was suspended last Sunday following a vehicle-borne suicide bombing that targeted a shuttle train near the Chaman railway crossing. The Jaffar Express, which was ready to depart for its destination, was immediately stopped and later cancelled. Passengers were asked to collect refunds. However, after two days, the train service was restored, but on Wednesday it was again suspended. Railway authorities have not mentioned the r...

PSG edge Arsenal on penalties to retain Champions League title

Paris Saint-Germain claimed back-to-back Champions League triumphs with a 4-3 shootout win over Arsenal following a 1-1 draw after extra time in Budapest, with Eberechi Eze and Gabriel missing from the spot. Mikel Arteta’s Premier League champions showed great resilience to take the game beyond 120 minutes, but fell to a second final defeat, 20 years after their first in Paris against Barcelona. Luis Enrique’s side became only the second besides Real Madrid to win the competition in consecutive years in the Champions League era. PSG’s first triumph was 55 years in the making, 14 of those under Qatari ownership, the second could start what they hope is an era of dominance and dynasty-building. Luis Enrique rebuilt the team swiftly and efficiently, removing the club’s superstars and building a cohesive and committed attacking side, capable of shredding opposition with terrifying pace. It was the Spaniard’s third Champions League triumph, making him one of only five coaches to comple...

Pakistan outspins Australia in milestone ODI as Minhas makes history

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Pakistan out-spun Australia by five wickets in the first one-day international in Rawalpindi with spinner Arafat Minhas becoming the first home bowler to take five wickets on ODI debut on Saturday. Minhas finished with 5-32 as an under-strength Australia were bowled out for 200 in 44.1 overs before Pakistan chased down the target in 42.3 overs for a memorable win in their 1,000th ODI. Babar Azam notched a 94-ball 69 while Ghazi Ghori hit an impressive 92-ball 65 as Australia’s inexperienced spinners failed to match Pakistan’s slow bowlers on a dry spin-assisting Pindi Stadium pitch. Azam and Ghori added 127 runs for the third wicket after Sahibzada Farhan (28) and Maaz Sadaqat (eight) fell with the score at 49. Azam hit four boundaries and a six while Ghori’s knock had eight hits to the rope before both falling to pacer Nathan Ellis, but with just 16 to win that did not hurt Pakistan. Minhas smashed a six to complete the victory. Australia’s Matt Renshaw (L...

UK will use AI to screen migrants ‘posing as minors’

AN artificial intelligence age estimation tool that aims to detect adult migrants posing as children will be deployed at the UK’s borders from next year, BBC News reported. A software company has been awarded a contract to develop and test the technology, which would estimate a person’s age by analysing photographs of them taken at the border. The report cited the UK Home Office as saying the technology would make it easier to identify adult migrants “attempting to game the system”, after initial testing indicated “promising performance and accuracy”. However, the Human Rights Watch urged the government to scrap the scheme, describing it as “unproven technology” that would undermine the protections vulnerable children were entitled to. New technology to be deployed from next year for strengthening asylum checks Unaccompanied child migrants receive support from local councils and are housed in the care system rather than more traditional asylum accommodation such as hotels. The...

Israel plan to seize more of Gaza means 'more children will suffer': UN

The United Nations warned on Friday that an Israeli plan to take control of 70 per cent of Gaza will increase suffering among children already hit by the impacts of severe overcrowding. Israeli Prime Minister Benjamin Netanyahu has ordered the military to take control of more territory in the Gaza Strip, flouting the terms of a fragile ceasefire that took effect in October. He said the military had controlled 50pc of the Palestinian territory under the terms of the ceasefire, then advanced to take over 60pc. “My directive is to move to… 70pc,” he said. The United Nations children’s agency Unicef warned that this would deepen the health crisis among children in the territory, suffering from acute lack of food, water and hygiene. Israel controls the flow of aid into the territory along with all entry points into Gaza, which has been under an Israeli blockade since 2007. Even before Israel’s assault in Gaza that began in 2023, the territory was already very densely populated. No...

Plot to kill Cuba

THERE was more than a hint of trepidation when Donald Trump declared last week that he would not attend his firstborn son’s wedding because he was too caught up in matters of state, including the paused assault against Iran. It wouldn’t be out of character, claimed an American wit, for Trump to invade Cuba as an excuse for avoiding the matrimonial festivities. There was also speculation that the latest Gulf war might resume — which indeed partially occurred on Monday, albeit with no Iranian response until the time of writing, and despite the flurry of diplomatic activity. Nothing new happened on the Cuban front either, but Cuba’s status as the next target for trumped-up imperialism remains intact. Last week’s revelation of a facetious indictment against Raúl Castro over Cuba’s defensive action against the invasion of its airspace by a CIA-sponsored entity suggested that the Trump regime might be planning to re-establish its hegemony over the island by kidnapping its former presid...

Cotton crisis

PAKISTAN’S declining cotton economy is rapidly turning into a case study in policy contradiction. Amid endless official rhetoric of an agricultural revival for export-led growth, the country is witnessing a surge in cotton imports even before the start of the new harvest. It is not simply the result of temporary domestic supply shortages; it is also the failure of cotton policy over many years. The import order of 206,000 bales from the US — nearly the entire quantity of US cotton sold during the week — highlights the severity of the domestic supply crisis. Imports from Brazil are also rising sharply. Such large-scale imports before the arrival of the local crop are extraordinary and signal that our cotton supply chain is now structurally dependent on foreign supplies. The consequences go beyond the farm sector or the downstream textile industry. Cotton imports could cost Pakistan billions of dollars. For an economy struggling with chronic dollar s...

India's Gen-Z Cockroach Janta Party channels youth anger but faces offline hurdles

The largest online expression of dissent against Indian Prime Minister Narendra Modi’s 12-year rule began with a satirical riposte to a jibe about young people, triggering death threats to its founder and pushback from ruling party politicians. The rapid fame of 30-year-old Abhijeet Dipke and his Cockroach Janta Party, which says it represents “the lazy, the unemployed, and the chronically correct”, is driven by the concerns of the young in a country where those below 30 are estimated to number more than half a population of 1.42 billion. Political analysts say the group’s enormous popularity has begun to dent Modi’s image, despite his party’s recent victories in key state elections, even as wider frustration grows over rising fuel prices and gas shortages brought by the Iran war. “If all was well with the country and the economy, 20 million young people would not rally around something like this,” said political activist Yogendra Yadav, who was a top leader of a national movement a...

The lender that governs

THE IMF’s Executive Board has approved the third review of Pakistan’s 37-month Extended Fund Facility (EFF), adding 11 new conditions and raising total structural conditionality to 75. In addition, there are 30 standing commitments, bringing total compliance requirements to 105. These span fiscal, governance, monetary, foreign exchange, financial, energy, state-owned enterprises, trade, investment, deregulation, social protection, and anti-corruption measures — many extending well beyond the IMF’s core mandate and institutional competence. The sheer breadth of this conditionality now touches almost every sphere of economic activity and governance, steadily eroding Pakistan’s policy autonomy and economic sovereignty. Parliament is required to approve the FY27 budget in line with the IMF’s stringent and intrusive policy advice and targets, effectively reducing the legislature to a rubber stamp. Pakistan is to phase out fiscal incentives for Special Economic and Technology Zones, publish...

Pressure politics

THE Abraham Accords were presented as a historic peace initiative in the Middle East. In reality, they were agreements brokered during US President Donald Trump’s first presidency under which several Arab states normalised ties with Israel without resolving the Palestinian issue. Mr Trump now appears keen to expand the Accords again , pushing more Muslim countries to join after the recent Iran conflict. It is a dangerous and deeply dishonest move, driven less by regional peace than by pressure from Israel’s supporters in Washington and America’s hard-line pro-Israel right. The attempt to connect the Iran conflict with the Abraham Accords makes little sense. The tensions involving Iran are rooted in long-running regional rivalries and military escalation. They do not suddenly erase the central issue that has shaped Middle Eastern politics for decades, which is the denial of Palestinian rights and the absence of a Palestinian state. Yet this latest pus...

Viral fame spares ‘Donald Trump’ buffalo from Eid sacrifice in Bangladesh

A rare albino buffalo in Bangladesh — nicknamed “Donald Trump” for its distinctive blond tuft — has been ​spared from Eidul Azha sacrifice after a ‌last-minute government intervention, a Home Ministry official said on Wednesday. The nearly 700-kg animal had already been sold for ritual ​slaughter when authorities stepped in, citing security ​concerns after a surge of public interest ahead ⁠of Thursday’s festival. Home Minister Salahuddin Ahmed ordered the ​buffalo be spared, the buyer refunded, and the animal ​moved to the national zoo in Dhaka. “At the last moment, the decision was taken to spare the buffalo from sacrifice due ​to security concerns and the unusual level of ​public interest,” a ministry official said. What began as a routine ‌Eid ⁠purchase quickly turned into a nationwide curiosity after videos went viral. Crowds gathered at the farm, with visitors travelling from far afield to see its blond ​fringe and calm ​demeanour. Farm owner ⁠Ziauddin Mridha said the name ca...

Situationer: Continuation of ‘Urumqi process’ raises hopes for Pak-Afghan patch-up

• Beijing’s envoy already laying groundwork to continue Islamabad-Kabul mediation efforts • Pakistani circles ‘fed up’ by failure of bilateral efforts, pin their hopes on Chinese shepherding the process CHINA’S diplomatic mediation between Pak­istan and Taliban-ruled Afghanistan is keeping hopes alive for a possible rapprochement. After hosting their first meeting in Urumqi, Xinjiang, in April — aimed at bringing an end to the Islamabad-Kabul animosity — Beijing now intends to hold a second meeting to keep the process on track, according to people familiar with discussions. For the better part of the year, conflict between the two neighbours has badly affected trade, transit, cross-border movement of common people, and those living in the border regions. Both sides seem to be inflexible on core issues, such as opening bilateral government channels, trade and movement of people. While the signals from Kabul regarding the ‘Urumqi process’ have been ...

Iran vows not to let aggression go unanswered after US violates truce

• Washington says strikes targeted Iranian missile sites, mine-laying boats • Rubio says Iran deal may take ‘a few days’; insists Hormuz will reopen ‘one way or the other’ • Iran says US drone downed, F-35 fired at; tanker damaged by external explosion off Oman • Trump to hold Camp David cabinet meeting on Iran crisis TEHRAN: Iran accused the United States of breaching their ceasefire on Tuesday and warned it was ready to retaliate and “will not leave any evil unanswered” after overnight US strikes targeting Iranian missile sites and mine-laying boats threatened a deal to end the war. The Brent benchmark oil price jumped up by more than four per cent after US Central Comm­and announced the new wave of bombings, and China urged both sides to respect the truce and to resolve their dispute peacefully. US Secretary of State Marco Rubio, meanwhile, said negotiating a deal to halt the conflict could “take a few days”. According to Iranian media, Iran’s negotiators had been pushing for t...

Punjab Home Department lists organisations barred from collecting animal hides on Eidul Azha

The Punjab Home Department on Tuesday issued a list of banned and monitored organisations ahead of Eidul Azha, urging citizens not to donate sacrificial animal hides to such groups or their affiliated organisations. According to a spokesperson for the department, “Providing any kind of assistance to banned organisations is a punishable offence under the Anti-Terrorism Act 1997.” He further warned that individuals found supporting organisations involved in terrorism or anti-state activities would face legal action. According to the list issued by the Home Department, the banned organisations included Lashkar-i-Jhangvi, Jaish-i-Mohammed, Lashkar-i-Taiba, Tehreek-i-Taliban Pakistan, Al Qaeda, Daesh, Jamaatud Dawa, Falah-i-Insaniat Foundation and several other proscribed or monitored entities. “Citizens are advised to donate sacrificial hides only to organisations registered with the Punjab Charity Commission (PCC),” he said, adding that the authenticity of registered organisations cou...

Balochistan tragedy

A PALL has descended on Eid festivities. The Sunday suicide bombing in Quetta has left many grieving their loved ones at a time when others will be celebrating the bonds of faith and family. According to the official count, more than a dozen lives were snuffed out, and at least 20 people were left injured; later reports put the toll much higher. Maimed bodies of women and children were seen being carted from the site on stretchers. One wonders what monstrous instinct compelled the perpetrators to commit such senseless violence. Officials and hospital sources later noted that the victims were mainly passengers of the ill-fated shuttle train, on their way to board the Peshawar-bound Jaffar Express, as well as pedestrians and residents living along the railway track where the bombing occurred. The Balochistan Liberation Army claimed the attack, cementing its credentials as a terrorist outfit that resorts to violence against defenceless victims. The fact ...

NA panel takes govt to task over budget preparation, reforms

• Naveed Qamar criticises continued reliance on indirect taxes, petroleum levy • UNDP consultants warn Pakistan remains on a ‘fragile stabilisation path’ • Inflation projected to exceed 12pc despite gradual economic recovery ISLAMABAD: A parliamentary committee on Monday accused the government of persistently violating its own laws by failing to circulate and publish the Budget Strategy Paper (BSP) by May 10, besides doing little on economic reforms. A meeting of the National Assembly’s Standing Comm­ittee on Finance and Revenue, presided over by former finance minister Syed Naveed Qamar of the PPP, also expressed serious concern over the continued heavy reliance on indirect taxes and petroleum levy instead of sustainable expansion of the tax base. The panel was equally worried over sluggish progress on critical structural reforms when briefed by private economic analysts representing the United Nations Development Programme (UNDP). Qamar voiced concern over the growing burden of ci...

'Mini version of hell': Heat dome over Europe scorches UK, France, Spain

Temperatures hit record highs for May in the United Kingdom and France on Monday, as forecasters warned of a prolonged period of extreme heat across Europe throughout the week. A so-called “heat dome” of warm air from northern Africa trapped under a high-pressure system over western Europe is behind the high temperatures not usually seen until high summer. Temperatures in Spain were expected to peak later this week at 38°C, while parts of Italy imposed restrictions on working outdoors. In the UK, the Met Office weather agency said it was the hottest May day on record, with temperatures hitting 34.8°C at Kew Gardens, southwest London – a full two degrees above the previous high. “This heat would be exceptional in the UK even in mid-summer, let alone May,” it said on X. “The weather here, it’s like a mini version of hell. It’s boiling. It’s like really hot,” said 10-year-old Liza Nizari on a visit to London, where temperatures normally average about 17°C or 18C at this time of year....

Bonds behind financial assistance

Pakistan and China celebrated the 75th anniversary of the establishment of diplomatic relations on May 21. The events held around these celebrations underscore that the relationship between the two countries is entering a new phase characterised by greater financial integration, expanding sub-national cooperation and renewed geopolitical cooperation. What began as a strategic and political partnership has gradually evolved into one of Pakistan’s most critical economic relationships. Today, China is one of Pakistan’s largest bilateral creditors, a major investor in infrastructure and energy, and an increasingly important source of financial stability for Islamabad during periods of economic stress. Against this backdrop, Prime Minister Shehbaz Sharif is visiting China these days in a trip that focuses heavily on trade, industrial cooperation, financial connectivity and the future direction of the China-Pakistan Economic Corridor (CPEC). “The visit is expected to further strengthen...