Latest News
Islamic New Year: PM Shehbaz offers greetings, urges support for downtrodden Muslims
Prime Minister Shehbaz Sharif has offered his heartfelt congratulations to the people of Pakistan and Muslim Ummah on the commencement of the Islamic New Year 1448 Hijri and has expressed the hope that the year will bring peace, prosperity and stability to the entire world.
In a greeting on the start of the holy month of Muharram and the new Islamic year, the prime minister prayed that the new Hijri year may be a herald of peace and well-being for not just the Muslim world but also for entire mankind. He hoped that each day of the new year will contribute to global peace, tolerance, harmony, peaceful cohabitation and safeguarding of human life.
The prime minister hailed what he called the promising development of the new Islamic year opening with news of a peaceful resolution of a key conflict between Iran and the United States. He said the nation was deserving of accolades for Pakistan’s sincere efforts for promotion of peace and stated that discussion, mutual understanding and peaceful diplomacy reflected the real spirit of Islamic teachings and the magnificent example of the Holy Prophet Muhammad (PBUH).
Prime Minister Shehbaz Sharif remarked that the start of the new year reminds us of the historic migration of the Holy Prophet Muhammad (PBUH) and the beginning of the Hijri calendar. He said that one of the most important results of the Hijrah was the development of an ideal society and state based on Islamic teachings that changed the path of human history through faith, justice, equality, fraternity and service to humanity.
He said the Hijrah gave lasting lessons of brotherhood, sacrifice, mutual trust, discipline, justice and collective responsibility and stated lasting solutions to the modern difficulties lie in adopting these values and the teachings of the Prophet (PBUH).
The prime minister further stressed the significance of Muharram-ul-Haram as a time to recall the sacrifices of Hazrat Imam Hussain (RA) and his loyal companions in the Battle of Karbala. “Their unwavering courage and commitment to the struggle against oppression remain an enduring source of inspiration for Muslims around the world,” he said.
The Prime Minister reiterated Pakistan’s commitment to support the oppressed people and urged for fresh resolve to stand firm with the suffering Muslims around the world, notably in Palestine and Indian Illegally Occupied Jammu and Kashmir, and to continue to advocate for their rights.
The prime minister appealed to the people of Pakistan to play their due role in the growth, stability and prosperity of the country via their conduct and actions and asked the people to follow the principles of honesty, hard effort, mutual respect, tolerance and national unity.
He concluded his statement by praying that the new Islamic year brings kindness, blessings, peace and prosperity to Pakistan, the Muslim world and the entire international community.
Latest News
President Zardari promises to thwart attempts by foreigners to impede Balochistan’s advancement.
President Asif Ali Zardari has vowed that attempts by foreign-backed terrorists to obstruct development in Balochistan will be defeated at all costs, stressing that the province’s progress must continue despite security challenges.
Zardari made the remarks during a meeting with Balochistan Chief Minister Mir Sarfraz Bugti at the President’s House, where he was briefed on the overall situation in the province and ongoing development initiatives.
The president said there was a need to ensure effective coordination between the federal and provincial governments to promote peace, development and public welfare in Balochistan.
He stressed that Balochistan, Pakistan’s largest province by area, deserved special attention and adequate resources to support its development.
Zardari said efforts by terrorists operating with foreign backing to create obstacles to Balochistan’s development would be thwarted at every cost.
He expressed confidence that terrorism would eventually be eliminated from the province, saying that the day was not far when Balochistan would be free from terrorism.
The meeting also focused on the province’s overall conditions and development activities currently underway.
Pakistan Peoples Party Women’s Wing President Faryal Talpur and former Balochistan minister Mir Ali Hassan Zehri were also present during the meeting.
Business
Following the missile attack, the UAE suspends all banking and trade relations with Iran.
The United Arab Emirates (UAE) has suspended all trade activities, exchanges and financial transactions with Iran until further notice, the foreign ministry said in a statement on Wednesday, citing regional escalation that it said undermined regional and international peace and security.
The announcement came after the UAE’s defence ministry said on Tuesday that it had detected two ballistic missiles launched from Iran, the first such incident reported since a May 4 strike on the Fujairah port.
In a statement later, the ministry said the missiles targeted “maritime traffic” based on its assessments. Both missiles fell into the sea, it said.
Iran’s foreign ministry spokesperson Esmaeil Baghaei rejected early on Wednesday the statement by the UAE, describing it as “baseless.”
Baghaei called on “all regional parties” to refrain from making “unsubstantiated accusations” against Iran, according to Al Jazeera.
The spokesperson said that any assessment of the situation must account for what he called the continued “malicious actions” of the US and Israel against regional peace and security, pointing to what he described as a history of false-flag operations in the region.
The missile launch comes as a 60-day window for US-Iranian peace talks expired on Monday without a breakthrough, raising fears of a new escalation in the conflict that has disrupted shipping through the Strait of Hormuz since February.
“The defence ministry affirms its full readiness to deal with any threats and firmly confront anything that aims to destabilise the state’s security,” it said in a statement.
The UAE’s interior ministry sent a phone alert earlier on Tuesday to residents stating that the situation was safe and people should resume normal activities after an earlier alert warning of a missile threat.
The UAE had accused Iran recently of attacking its state-owned ADNOC vessels while transiting the Strait of Hormuz.
Iran has not claimed responsibility for the attacks on ADNOC vessels. Iran’s Revolutionary Guards have previously threatened action against vessels transiting the strait if they are linked to Tehran’s adversaries or fail to comply with Iranian directives.
Business
Trump claims that a striking agreement between the US and Canada has temporarily halted tariffs.
US President Donald Trump announced late on Tuesday night that he was putting a three-day pause on new 50% tariffs set to go into effect on Canadian goods on Wednesday, saying the two countries had reached an agreement.
The pause was “based on the fact that Canada and the USA, subject to the finalisation of documents, have a DEAL,” Trump said in a post on Truth Social.
An hour later, Canadian Prime Minister Mark Carney said in a statement that “substantial progress has been made, although there is important work still to be done.”
Trump added in his social media post that the Keystone XL Pipeline – a project cancelled by former President Joe Biden in 2021 after years of indigenous and environmental opposition – “may be awoken from the grave,” but did not provide details.
Trump’s post came after he spoke with Canadian Prime Minister Mark Carney on Tuesday afternoon, their second conversation this week, and after weeks of intense, opaque negotiations.
Existing US auto tariffs had been a sticking point, two industry sources familiar with the talks said earlier.
The new US tariffs would have covered about $20 billion worth of imports and applied regardless of whether Canadian goods qualify for preferential treatment under the US-Mexico-Canada trade agreement, which has shielded much of Canadian industry from earlier US tariffs.
‘Billions of dollars at stake’
Trade experts and industry officials say new tariffs could lead to job losses and business closures in vulnerable sectors, including lumber, wine and dairy. They also warn the dispute could complicate broader USMCA negotiations.
“There are billions in goods per year that were not impacted before, but now are at risk of being impacted significantly,” said Candace Laing, CEO of the Canadian Chamber of Commerce.
“Businesses have been doing a high-wire act for well over a year, holding off on hiring, investment and growing in Canada,” she said.
Canada’s minister responsible for US trade, Dominic LeBlanc, and chief trade negotiator Janice Charette have been in Washington since last week for talks.
On Monday, the Canadian officials met for nearly two hours with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick.
Greer has repeatedly cited Canada’s tariffs that followed initial US tariffs, some provinces’ refusal to stock US liquor and Canada’s dairy supply management system among US grievances.
Two sources said one of the main sticking points was US tariffs on Canadian vehicles.
The sides have discussed cutting US Section 232 tariffs on Canadian vehicles to 15% from 25%, with further reductions based on the amount of US content in each vehicle, the sources said.
The details of the deal touted by Trump remained unclear.
Counting tariff deductions
A major point of contention was how tariff deductions based on content should be calculated, with Washington demanding that only US-produced content be counted. Canada pushed for all North American content, including Canadian and Mexican parts, to be counted, the sources said.
Earlier on Tuesday, the US Commerce Department released new rules for automakers exporting from Canada and Mexico to certify their current levels of US content for tariff deductions, reducing the complicated exercise to once per year from twice.
But the Federal Register notice said automakers must re-certify vehicles’ American content by September 30 for them to claim deductions in the new annual cycle starting December 1.
A Canadian government source said last week that all options remained on the table if the new tariffs take effect, including government support for affected domestic industries and a possible suspension of bilateral trade talks, but the source expressed hope that the US was keen to reach a deal.
-
Latest News3 months agoICC board meeting in India: Mohsin Naqvi gets invitation
-
Latest News1 month ago23 people have died during the monsoon as rain-related incidents plague Punjab and KP.
-
Latest News4 weeks agoPakistan making rapid progress in robotics, AI: Shaza Fatima
-
Latest News3 months agoA meta program to monitor mouse clicks made by employees in violation of EU privacy regulations
-
Latest News4 weeks agoAfter a divorce, LHC decides that women who have been harmed by their spouses get their dower.
-
Business1 month agoGovt dedicated to resolving Balochistan issues: Dar
-
Business3 months agoThe IMF mission has arrived in Pakistan for discussions regarding the budget.
-
Entertainment3 months agoInterim bail given to YouTuber Rajab Butt in gambling app marketing case
