Author: i2wtc
Another day, another deadline and another trade curveball from U.S. President Donald Trump just before the buzzer.The tariff deadline was set for August 1. Markets were watching. Countries were calculating. And then, right before midnight, came another announcement: 40% tariffs on transshipped goods, new rates for dozens of nations, and yet another reshuffling of Trump’s trade playbook. All set to begin next week.If this feels familiar, it’s because it is.We’ve seen this before. In April, Trump stunned global markets with a blanket 10% tariff hike, followed by a pause, and then a partial reinstatement. The July 9 restart was delayed at the last minute…
RAWALPINDI: Significant progress has been reported in the investigation into the honour killing of 21-year-old Sidra, which took place in the jurisdiction of Rawalpindi’s Pirwadhai Police Station. A Rawalpindi police team has been dispatched to Muzaffarabad to verify Sidra’s alleged marriage with her second husband, Usman. His family will also be formally included in the investigation, and their statements will be recorded. According to police sources, the investigation team, headed by Sub-Inspector Shoaib Ahmed, departed for Muzaffarabad, Azad Kashmir. Their primary objective is to confirm the alleged marriage of Sidra with Usman, obtain official documentation of the marriage, and record…
LAUDERHILL (Florida): Bolstered by the return of their first-choice pace attack following a 2-1 series loss against Bangladesh, Pakistan are set to face the West Indies in a three-match Twenty20 International series starting on Thursday. Both matches are scheduled to be held at the Central Broward Park in Lauderhill, Florida before the national side flies to Trinidad and Tobago for as many One-day Internationals against the Caribbean side. The shortest format, though, remains Pakistan’s primary focus as they look to prepare for next year’s T20 World Cup – to be staged in India and Sri Lanka. T20I skipper Salman Ali…
BAJAUR: Local residents of Mamond Tehsil in Bajaur tribal district are continuing to flee their homes due to an ongoing security operation in the area. The displacement has prompted a wave of migration toward safer regions, with many families seeking shelter with relatives. In the absence of official relief camps from the government, Alkhidmat Foundation has stepped in to provide essential support. The organization has set up a relief camp at Badisya, where displaced families are being offered food, shelter, and other necessities. Remarkably, the Foundation is also attending to the needs of exhausted animals that have accompanied the fleeing…
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches of yesteryear. Kiyoshi Ota | Bloomberg | Getty ImagesNintendo more than doubled revenue in its fiscal first quarter, as the company logged bumper sales of its Switch 2 console in the first month of release.Sales of Nintendo’s Switch 2 now total 5.82 million units, the…
LAHORE: This year’s Asia Cup which among other nations will feature defending champions India and Pakistan, the two major cricketing giants of the continent, is facing a fresh challenge — this time from the broadcaster, Dawn has learnt. A highly exorbitant rate set for Pakistan’s region by official broadcaster of the Asia Cup based in India plus the uncertainty prevailing over the pinnacle clash of the event between Pakistan and India, the chances are bleak that any sports channel in Pakistan could buy the broadcasting rights for the continental showpiece. The Asia Cup is scheduled to be held from Sept…
Swiss government seeks ‘negotiated solution’ to new tariffsSwitzerland is assessing the new situation after it was hit with a new 39% tariff rate under U.S. President Donald Trump’s updated trade regime, the Federal Council said on the X social media platform.”The Federal Council notes with great regret that, despite the progress made in bilateral talks and Switzerland’s very constructive stance from the outset, the US intends to impose unilateral additional tariffs on imports from Switzerland,” it noted.The council added that it remains in contact with Washington and will continue pursuing a “negotiated solution.”— Ruxandra IordacheHow Asian countries have reacted to…
ISLAMABAD: Chief Traffic Officer (CTO) Captain (retd) Syed Zeeshan Haider has imposed a complete ban on the entry of heavy vehicles, overloaded trucks and loader rickshaws into Islamabad. The sweeping measure, enforced across the federal capital, aims to eliminate the persistent problems of traffic congestion and fatal accidents caused by such vehicles. A police spokesperson on Thursday said that the order was implemented as part of a broader initiative to upgrade the city’s traffic management system and ensure the safety of citizens. He said that additional traffic personnel have been deployed on all major roads and intersections to regulate traffic…
Listen to article GILGIT: The Gilgit-Baltistan (G-B) government on Thursday declared a state of emergency in 37 flood-ravaged areas across the region following catastrophic flash floods that claimed at least 10 lives, left several tourists missing, and caused an estimated Rs20 billion in damages. According to a notification issued by the Gilgit-Baltistan Home Department, the disaster-hit designation has been applied to 12 locations in Diamer district, nine in Gilgit, five in Ghizer, four in Skardu, four in Shigar, two in Ghanche, and one each in Nagar and Kharmang. “On account of heavy rains during Monsoon 2025, some Mouzas of District Gilgit, Ghizer,…
Figma Inc. signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. Michael Nagle | Bloomberg | Getty ImagesYou can almost smell the bubbly wafting across Silicon Valley.Following Figma’s blockbuster market debut on Thursday, four of the most iconic names in venture capital — Index Ventures, Greylock, Kleiner Perkins and Sequoia — are collectively sitting on roughly $24 billion worth of the design software vendor’s stock.Until recently, there’s been little reason to celebrate. From late 2021, when soaring inflation and rising rates pushed investors out of…