Author: i2wtc
Two days before his wedding, Noor Muhammad had a long phone call with his mother, just hours before devastating floods in Pakistan killed her along with 23 family members and relatives. “I cannot explain how happy she was,” he said, standing by the rubble of his family’s large 36-room house, perched on the bank of a flood channel in Qadir Nagar village. The village in mountainous Buner district has been the worst hit by recent heavy rain, accounting for more than 200 of nearly 400 deaths in the northwest since Aug. 15. Buner is a three-and-a-half-hour drive from the capital…
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty ImagesIntel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will take an equity stake in the struggling chipmaker.Following the report, President Donald Trump said the government should get about 10% of the company, which has a market cap of just over $100 billion. “They’ve agreed to do it and I think it’s a great deal for…
FBI members carry boxes to the home of the former White House national security adviser John Bolton as it is searched by FBI, in Bethesda, Maryland, U.S., August 22, 2025. Tasos Katopodis | ReutersThe law enforcement investigation of former Trump national security advisor John Bolton is “in the very early stages,” Vice President JD Vance said on the heels of the FBI’s raid of Bolton’s Maryland home on Friday morning. Vance, in a new interview with NBC News’ Kristen Welker, said that classified documents are “certainly part of” that probe, but that “there’s a broad concern about Ambassador Bolton.”Bolton is not…
ISLAMBAD: President Asif Ali Zardari on Friday constituted the 11th National Finance Commission for finalising a new resource distribution award, setting the stage for the Centre to try to retrieve some of the lost fiscal space that the provinces will try to resist. “In pursuance of Clause (1) of Article 160 of the Constitution, the President of Pakistan is pleased to constitute the 11th National Finance Commission (NFC) with immediate effect,” a notification issued by the Ministry of Finance read on Friday. The five-year life of the 10th Commission ended last month, which held a few meetings but lost steam after…
Pakistani teams on Thursday displayed their prowess at the Amerigol Latam Cup ice hockey tournament in Coral Springs, Florida in the United States with the men’s team clinching the Division III championship and the women’s team claiming the Division II bronze medal in their debut appearance. The tournament is designed to showcase talent from regions where ice hockey is a growing sport and “break barriers and unite non-traditional hockey markets in a thrilling display of skill, passion, and camaraderie”, according to the organisers’ website. A press release from the National Hockey League (NHL), stated that this year’s Latam Cup features…
Omar Marques | Lightrocket | Getty ImagesThe price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode.The second-largest cryptocurrency was last higher by 12% at $4,738.91, according to Coin Metrics. Last week, ether nearly touched its 2021 all-time high of $4,866.01, before falling as low as the $4,000 level this Tuesday.Bitcoin rose 3% to $116,191.09.Stock Chart IconStock chart iconEther (ETH) bounces after Powell’s Jackson Hole speechThe moves came during Powell’s annual address from Jackson Hole, Wyoming. “With policy in restrictive territory, the baseline outlook…
Matthew Breetzke slammed a superb 88 and speedster Lungi Ngidi claimed five wickets as South Africa crushed Australia by 84 runs to win the second one-day international (ODI) and the series in Mackay on Friday. The Proteas took out the opening game by a thumping 98 runs, making the third and final match on Sunday a dead rubber. World champions Australia have now lost the past five ODI series against South Africa, with their batsmen again failing to fire. After skipper Aiden Markram won the toss and opted to bat, Breetzke crunched eight fours and two sixes to continue his…
Canada’s Prime Minister Mark Carney speaks at a press conference about recognizing Palestinian statehood, in Ottawa, Ontario, Canada, July 30, 2025. Patrick Doyle | ReutersCanada removed many of its retaliatory tariffs on the U.S. on Friday, marking a significant step forward in the two countries’ relationship.Canada in March imposed counter-tariffs of 25% on a long list of U.S. products that fall in line with the North American trade deal after the U.S. had announced 25% duties on steel and aluminum. Notably, Canada’s 25% tariffs on U.S. autos, steel and aluminum will remain in place for now, Canadian Prime Minister Mark…
Movie stills from Disney’s “Lilo & Stitch” and “Fantastic Four” and Warner Bros. Discovery’s “Superman.”Courtesy: Disney | 20th Century Studios | Marvel Studios | Warner Bros. DiscoverySuperheroes, dinosaurs and a genetically altered alien dog helped propel the summer box office haul above 2024 levels, but that momentum is about to stall.Heading into the final stretch of the summer season — which started the first weekend in May and wraps up on Labor Day — the domestic box office is expected to reach at least $3.75 billion, according to data from Comscore. That’s about a 2% uptick from the previous summer.Hollywood…
An aerial drone photo shows a pedestrian overpass adorned with a banner of the Shanghai Cooperation Organization (SCO) Summit 2025 in Xiqing District, north China’s Tianjin, Aug. 5, 2025. (Xinhua/Li Ran)BEIJING, Aug. 22 (Xinhua) — Shanghai Cooperation Organization (SCO) Summit 2025 will be held in Tianjin from Aug. 31 to Sept. 1.Chinese President Xi Jinping will chair the 25th Meeting of the Council of Heads of State of the SCO and the “SCO Plus” Meeting and deliver keynote speeches as world leaders and heads of international organizations gather in this major port city of northern China.As China hosts the SCO…