Author: i2wtc

By Amy Sherman | PolitifactPublished On 10 Apr 202510 Apr 2025In a reversal of the plan he defended for days, United States President Donald Trump delayed almost all of the country-by-country tariffs he unveiled on April 2. For two days, Trump and the White House denied that he was considering a pause in the tariff plan shaking global markets. During an April 7 Oval Office event with Israeli Prime Minister Benjamin Netanyahu, a reporter asked Trump, “Would you be open to a pause in tariffs to allow for negotiation?” “Well, we’re not looking at that,” Trump said. “We have many, many countries that…

About 1,000 current and retired Israeli Air Force pilots sign letter, saying Gaza war only serves ‘political interests’.Israeli Prime Minister Benjamin Netanyahu has denounced about 1,000 current and retired Israeli Air Force reservists, who signed a letter calling for an end to the war in Gaza, referring to them as “marginal and extremist”, while expressing support for the serving pilots’ dismissal. In a statement posted on X on Thursday, Netanyahu’s office said the prime minister “backs the decision” of the defence minister and the Israeli military chief of staff “to dismiss those who signed the letter”. The document, which ignited…

Listen to article Barrick Gold is looking to secure upwards of $2 billion in financing for its Reko Diq copper and gold project in Pakistan, with term sheets expected to be finalised by early Q3 2025, according to the project’s director. The funding will support the development of Reko Diq, one of the largest undeveloped copper-gold deposits globally, which is expected to generate $70 billion in free cash flow and $90 billion in operating cash flow. Reko Diq is a joint venture between Barrick Gold, the governments of Pakistan and Balochistan. The project’s phase one financing, estimated to start production in 2028,…

Listen to article A high-speed dumper collided with several motorcyclists near North Karachi Power House, resulting in three individuals being injured. Following the incident, enraged protesters launched severe protests against the dumper, setting fire to five dumpers, one water tanker, and one truck at various locations, Express News reported. According to rescue sources, the injured individuals were immediately transferred to the hospital. After the accident, local residents chased the dumper driver and caught him on Manghopir Road. The public assaulted the driver, after which the police arrived at the scene and took him into custody. Despite the police’s presence, the protesters continued…

French President Emmanuel Macron said on Wednesday that France plans to recognise a Palestinian state within months and could make the move at a United Nations conference in New York in June aimed at resolving the Israeli-Palestinian conflict. He added that, in turn, some Middle Eastern countries could formally recognise the State of Israel. The Palestinian Authority welcomed the announcement as “a step in the right direction”. Amid Israel’s continuing war on Gaza, 10 countries – Mexico, Armenia, Slovenia, Ireland, Norway, Spain, the Bahamas, Trinidad and Tobago, Jamaica and Barbados – formally recognised the State of Palestine, reflecting growing international…

ISLAMABAD’: The Constitutional Bench (CB) of the Supreme Court on Wednesday remarked that how an institution could hear a case when the institution itself was the complainant, as the judges raised the query whether the Federation and the provinces trusted their own institutions. A seven-member Constitutional Bench, led by Justice Aminuddin Khan, heard the intra-court appeals against the apex court’s ruling that declared the military trial of the civilians as null and void. During the hearing, the court heard the attorney general for Pakistan (AGP). The bench also included Justice Jamal Khan Mandokhail, Justice Mussarat Hilali, Justice Muhammad Ali Mazhar,…

A steep 84 percent tariff on all United States goods entering China has kicked in, ratcheting up a trade war with Washington while calling for a dialogue “on the basis of mutual respect and equality”. The new rate – a 50 percent hike on Beijing’s previous 34 percent levy on US goods – took effect at 12:01am Eastern Time [04:00 GMT] on Thursday, according to China’s State Administration Council. It applies to all US products entering the world’s second-largest economy, which, according to the office of the US Trade Representative, totalled $143.5bn last year. This marks China’s second retaliatory tariff…

Hope fades for finding survivors as search and rescue operation turns to recovery after night club tragedy in Santo Domingo.Officials in the Dominican Republic have raised the death toll from the catastrophic roof collapse at the Jet Set nightclub in capital Santo Domingo to 184, as hopes of finding survivors fade and the rescue operation turns to recovery. Local media quoting the country’s emergency operations director, Juan Manuel Mendez, reported on Thursday that at least 184 people had died in the accident. Mendez also stressed that it was a “preliminary figure”. Mendez told a news conference that “until we have…

Amazon CEO Andy Jassy on Thursday released his annual shareholder letter where he predicted that rapid advancements around AI, along with a more competitive chip market, will eventually bring down costs around the technology.”AI does not have to be as expensive as it is today, and it won’t be in the future,” Jassy wrote. “Chips are the biggest culprit. Most AI to date has been built on one chip provider. It’s pricey.”Dear Shareholders:2024 was a strong year for Amazon.Our total revenue grew 11% year-over-year (“YoY”) from $575B to $638B. By segment, North America revenue increased 10% YoY from $353B to…

Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida.Julio Aguilar | Getty ImagesFor decades, Major League Baseball has stood alone among the major U.S. sports leagues as the only one without a salary cap.Team owners may test that dynamic at the end of next year.MLB owners as well as Commissioner Rob Manfred’s office have begun privately contemplating what a new league economic structure could look like as the league heads toward a new Collective Bargaining Agreement with players, according to people familiar with the matter.…