Author: i2wtc

WASHINGTON: US President Donald Trump signed an executive order offering some tariff exemptions as soon as Monday to trading partners who strike deals on industrial exports such as nickel, gold and other metals, as well as pharmaceutical compounds and chemicals. Trump has spent his first seven months in office building up massive tariff increases to reorder the global trading system, cut US trade deficits and extract concessions from trading partner countries in negotiations. His latest order identifies more than 45 categories for zero import tariffs from “aligned partners” who clinch framework pacts to cut Trump’s “reciprocal” tariffs and duties imposed…

As Klarna gears up for its highly-anticipated initial public offering, investors will be closely scrutinizing the fintech firm’s bid to rebrand itself as an all-encompassing digital bank. The Swedish payments group has become synonymous with the buy now, pay later (BNPL) model, which allows people to split purchases into interest-free installments. However, in recent months Klarna has attempted to convince the market that it’s not a one-trick pony, and that it should be considered as more of a digital retail bank rather than a simple BNPL firm. “We want Americans to start to associate us with not only buy now,…

Carlos Alcaraz beat Jannik Sinner in four sets on Sunday to win the US Open and reassert his dominance of an era-defining rivalry in a final delayed by the visit of United States President Donald Trump. The 22-year-old Alcaraz won 6-2, 3-6, 6-1, 6-4 to capture his second US Open crown and sixth Grand Slam title, avenging his lone defeat in a major final by Sinner at Wimbledon in July. “It’s a great feeling. I’m working really hard just to lift this trophy. It’s my second one but it’s still a dream come true,” said Alcaraz. Alcaraz will reclaim the…

JERUSALEM: Israel’s foreign minister branded an international push to recognise Palestinian statehood a “mistake” on Sunday and warned it could trigger an unspecified unilateral response, after reports that Israel plans to annex parts of the occupied West Bank. Several countries, including France and Britain, have pledged to recognise a Palestinian state during the UN General Assembly later this month. Israel’s relations with France have been particularly strained since President Emmanuel Macron announced his country’s plans and co-chaired a conference in July with Saudi Arabia to call for a two-state solution to the Israeli-Palestinian conflict. Britain said it would recognise a…

LAHORE/KARACHI: A high-level flood alert was issued in Punjab on Sunday after India shared information about fresh releases of water into Pakistani rivers, while the national and provincial disaster management authorities warned of fresh spell of monsoon showers. The fresh wave of floods came as the water after devastating the province during the last two weeks, headed to Sindh where the authorities braced for a surge of more than 800,000 cusecs at Guddu Barrage on September 9 (tomorrow). The situation in Punjab still remained precarious floods came in waves in the three major rivers — Ravi, Sutlej and Chenab — mainly because…

Emergency earthquake relief supplies provided by the Chinese government to Afghanistan are unloaded from a Y-20 aircraft of the Chinese People’s Liberation Army Air Force at the Kabul airport in Kabul, Afghanistan, Sept. 7, 2025.(Xinhua/Li Ang)KABUL, Sept. 7 (Xinhua) — The first batch of emergency earthquake relief supplies provided by the Chinese government to Afghanistan arrived in Kabul on Sunday.The shipment, aboard two Y-20 aircraft of the Chinese People’s Liberation Army Air Force, included tents, blankets and other urgently needed items for quake-hit areas.A handover ceremony was attended by Bao Xuhui, charge d’affaires of the Chinese embassy in Afghanistan, Sharafuddin…

Pakistanis are among activists from 44 nations who have reached Tunisia to join the Global Sumud Flotilla, an international convoy aiming to deliver aid to Gaza and defy Israel’s blockade. Senator Mushtaq Ahmad Khan is among those on board, travelling with campaigners from Australia, Bahrain, Belgium, Germany, Indonesia, Ireland, Italy, Kuwait, the Maldives, Luxembourg, Oman, Norway, Spain, Thailand and several other countries. عالمی قافلہ استقامت/گلوبل صمود فلوٹیلا برائے غزہ تیونس پہنچ گیا،کل ہم تیونس کے بندرگاہ سیدی بوسعید بندرگاہ پر جھازوں/کشتیوں میں منتقل ہوجائیں گے،اور پھر یہ انسانی تاریخ کا سب سے بڑا محاصرہ شکن امدادی کاروان غزہ کی طرف…

Guests to the 2025 Global South Media and Think Tank Forum visit Yunnan Baiyao Museum in Kunming, southwest China’s Yunnan Province, Sept. 7, 2025. The 2025 Global South Media and Think Tank Forum opened Saturday in Kunming, capital of Yunnan. Guests toured different places in Yunnan on Sunday. (Xinhua/Chen Wei)A guest to the 2025 Global South Media and Think Tank Forum learns cultural heritage technique at Guandu ancient town in Kunming, southwest China’s Yunnan Province, Sept. 7, 2025. The 2025 Global South Media and Think Tank Forum opened Saturday in Kunming, capital of Yunnan. Guests toured different places in Yunnan…

Following directives from PTI founder Imran Khan, Khyber-Pakhtunkhwa Chief Minister Ali Amin Gandapur announced that a grand rally will be held in Peshawar at the end of the month, though he did not specify the exact date. In a video message, CM Gandapur said the date of the rally would be disclosed five days prior to the event. “We stand with the founder in the movement for freedom,” he vowed. He added that the rally will be held in support of real freedom and the supremacy of the Constitution and the law. “Following the founder’s guidance, we are organizing the…

KARACHI: Sindh Chief Minister Murad Ali Shah has assured the public that the province is fully prepared to tackle any eventuality amid flash floods and heavy rainfall.  Speaking at a press conference after visiting the Flood Monitoring Cell, CM Shah said he had received updates from the commissioners of Sukkur and Larkana, as well as the irrigation minister and secretary, regarding the anticipated flood situation. By 3 PM, 600,000 cusecs of water had entered the Panjand Barrage, and the flow could rise to 700,000 cusecs within the next 24 hours. Another 217,000 cusecs are gushing from Tunsa, prompting authorities to…