Author: i2wtc
Russian President Vladimir Putin speaks during an annual plenary session of the Valdai Discussion Club, on October 2, 2025 in Sochi, Russia.Contributor | Getty Images News | Getty ImagesRussian President Vladimir Putin warned the potential supply of long-range missiles to Ukraine would mark a “completely new stage of escalation” between Washington and Moscow.Speaking on Thursday at a forum in Russia’s Black Sea resort of Sochi, Putin conceded that the supply of “powerful” U.S. Tomahawk cruise missiles to Kyiv posed a threat to Russia but would not change the situation on the battlefield.”Can Tomahawks harm us? They can. But we will…
The AI boom is turbo-charging technology stocks, pushing the S & P 500 , the Nasdaq and Dow Jones to fresh record highs. But Karim Moussalem, chief investment officer of equities at Selwood Asset Management, sees “enormous risks” on the horizon for the AI trade which could rapidly unravel — and he is positioning his fund for the fallout. “The AI trade is beginning to resemble one of the great speculative manias of market history,” Moussalem, who runs a market-neutral equity strategy at the London-based hedge fund, said in a post on LinkedIn . “For me, there is no denying…
ISLAMABAD: The International Monetary Fund (IMF) has brought the multibillion-dollar Reko Diq mining project under its purview, asking the government to provide a detailed briefing on its status. The move expands the Fund’s oversight from balance-of-payments support to scrutiny of major projects in Pakistan. Sources said the briefing, initially scheduled for this week, has now been shifted to next week. The IMF team, in Islamabad since September 25, has been holding meetings with various stakeholders as part of the second review of the $7 billion bailout programme, which is expected to unlock a $1 billion tranche. Under its climate facility,…
ISLAMABAD: The Constitutional Bench has ruled that the eight-judge majority judgment of the Supreme Court announced on July 12, 2024, which held that the Pakistan Tehreek-e-Insaf (PTI) was entitled to get reserved seats, had ignored the “will of people” and “command of the Constitution”. “Elections to the reserved seats, no doubt indirect, and no doubt based on the principle of proportional representation, were no longer determined by the will and votes of the electorate. They were taken over by the court. Further, the will of the people and the command of the Constitution was ignored and made subservient to the…
MUZAFFARABAD: Negotiations between the Jammu Kashmir Joint Awami Action Committee (JAAC) and a federal government team temporarily stalled on Thursday, despite high-level efforts to defuse the ongoing crisis in Azad Jammu and Kashmir (AJK). The federal delegation, comprising senior political figures Tariq Fazal Chaudhry, Ahsan Iqbal, Rana Sanaullah, Amir Muqam, Raja Pervaiz Ashraf and others, arrived in Muzaffarabad for talks with JAAC leaders Amjad Ali Khan, Shoukat Nawaz Mir, and Anjum Zaman Awan. However, Mir announced that the talks would not continue until the government lifted the communication blackout and restored mobile and internet services. He added that the committee…
KARACHI: The Pakistan Stock Exchange witnessed a historic surge as the benchmark KSE-100 index closed above the 168,000 mark for the first time ever. Investor confidence was buoyed by strong buying activity in the banking sector, resulting in a remarkable gain of 2,849.29 points, or 1.72%, with the index settling at 168,489.63 by the close of trading on Thursday. Intra-day trading showed notable volatility, with the index touching a high of 168,619.32 and a low of 165,567.22. A total of 776 million shares were traded, reflecting bullish sentiment and heightened investor participation. The rally was attributed to improving economic indicators, the…
PESHAWAR: At least four police personnel and three civilians were injured when an explosive device targeted a mobile police vehicle in Peshawar on Thursday, senior police officials confirmed. According to Peshawar’s Chief City Police Officer Dr Saeed Ahmad, the police vehicle was on a routine patrol when the blast occurred. “The explosion took place suddenly, injuring four of our personnel. They were immediately transferred to a nearby hospital for medical treatment,” he said. Initial reports identified the injured officers as ASI Shah Faisal, Constable Sajjad, Noorullah, and driver Zia. Police and security forces quickly reached the site following the explosion,…
Guvendemir | E+ | Getty ImagesA wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security.Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop Grumman, Boeing, General Dynamics, and RTX (formerly Raytheon).”There’s more money than ever going to what we call the ‘neoprimes'” Jameson Darby, co-founder and director of autonomy at investment syndicate MilVet Angels, or MVA, told CNBC. “It’s still a fraction of the overall budget, but the trend is…
Pakistan’s growing embrace of solar energy in both agriculture and rooftop generation is showing signs of stress in two critical areas: groundwater resources and government finances. Reuters reports that in Punjab province, many farmers have shifted from diesel or grid powered tube wells to solar pumps, allowing them to irrigate fields more frequently and expand water intensive crops such as rice. Farmer Karamat Ali said he sold livestock to buy solar panels and now irrigates “with ease,” something he could not afford before. According to the US Department of Agriculture, rice fields expanded by 30 per cent between 2023 and…
Apple CEO Tim Cook walks to attend the State Banquet at Windsor Castle, in Windsor, Britain, Sept. 17, 2025. Kevin Lamarque | ReutersApple on Thursday night said that it was removing apps from its App Store that can be used to anonymously report sightings of U.S. Immigration and Customs Enforcement agents.The move came after pressure on Apple from Attorney General Pam Bondi, and amid controversy over the Trump administration’s aggressive enforcement of immigration law with ICE agents and other authorities.The FBI said last week that a gunman who killed two one detained immigrants and wounded a third detainee at an…