Author: i2wtc

Participants of the Shanghai Cooperation Organization (SCO) Media and Think Tank Summit visit the Zhengzhou Shang Dynasty Ruins Museum in Zhengzhou, central China’s Henan Province, July 23, 2025. The SCO Media and Think Tank Summit is held in Zhengzhou from July 23 to 27. Participants are invited to visit various locations in Henan during the summit. (Xinhua/Zhu Xiang)A participant of the Shanghai Cooperation Organization (SCO) Media and Think Tank Summit tries her hands coloring a pottery artifact at a liquor company in Mianchi County of Sanmenxia, central China’s Henan Province, July 23, 2025. The SCO Media and Think Tank Summit…

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Prime Minister Shehbaz Sharif on Thursday praised the World Bank for its support of Pakistan’s position on the Indus Waters Treaty, criticising India’s “unilateral and illegal” actions that he said undermine the landmark agreement. Tensions between India and Pakistan escalated after the April 22 attack in Pahalgam, Indian Illegally Occupied Jammu and Kashmir (IIOJK), which killed 26 people. India blamed Pakistan for the attack but provided no evidence. Islamabad strongly denied the allegations. On April 23, India closed the Wagah border crossing, revoked Pakistani visas, and announced the suspension of the Indus Waters Treaty. Pakistan condemned the move as an…

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Microsoft CEO Satya Nadella talks with Indonesia’s Minister of Communication and Information Technology Budi Arie Setiadi, on the day of their meeting with Indonesian President Joko WIdodo, at the Presidential Palace in Jakarta, Indonesia, April 30, 2024.Willy Kurniawan | ReutersMicrosoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella.”Before anything else, I want to speak to what’s been weighing heavily on me, and what I know many of you are thinking about: the recent job eliminations,” Nadella wrote in a memo to employees Thursday.After Microsoft’s latest labor reductions,…

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The front facade of the Marriner S. Eccles Federal Reserve Board Building is visible as a massive renovation continues on the building and the 1951 Constitution Avenue Building on July 24, 2025 in Washington, DC. Andrew Harnik | Getty ImagesAfter months of President Donald Trump criticizing Federal Reserve Chairman Jerome Powell for his refusal to lower the benchmark borrowing rate, the latest flashpoint to emerge in the White House’s campaign against Powell is a yearslong renovation of the Fed’s headquarters in Washington.Trump, who has ramped up political pressure on Powell by questioning his management of the renovation, visited the Fed…

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Listen to article Pakistan has welcomed the Advisory Opinion issued by the International Court of Justice (ICJ) on the legal obligations of states regarding climate change, calling it a reaffirmation of key international legal responsibilities in addressing the global climate crisis. ICJ, on Wednesday, said that countries must address the “urgent and existential threat” of climate change by cooperating to curb emissions, as it delivered an opinion set to determine future environmental litigation. The failure by countries to meet their climate obligations could, in specific cases, lead other states affected by climate change to litigate. In a statement released on Thursday, the…

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Thiago Prudencio | LightRocket | Getty ImagesTesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck.The company’s digital assets are currently valued at $1.24 billion.That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market knows that the figure represents a lost opportunity amounting to billions of dollars in missed gains for the electric vehicle maker.Bitcoin is trading near a record and is up 80% over the past year. Tesla sold 75% of its holdings in mid-2022, when the digital currency was trading…

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French President Emmanuel Macron holds a press conference, at the Elysee Palace, in Paris, Friday, June 13, 2025. Michel Euler | Via ReutersFrench President Emmanuel Macron announced Thursday that France will recognize Palestine as a state, amid snowballing global anger over people starving in Gaza.Macron said in a post on X that he will formalize the decision at the United Nations General Assembly in September. “The urgent thing today is that the war in Gaza stops and the civilian population is saved.″The French president offered support for Israel after the Oct. 7, 2023 Hamas attacks and frequently speaks out against antisemitism, but he has grown increasingly frustrated about Israel’s war in Gaza, especially in recent months.″Given its historic commitment…

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The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty ImagesThe Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media.The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel.”Americans no longer trust the legacy national news media to report fully, accurately, and fairly,” Brendan Carr, chairman of the FCC, wrote in a statement Thursday. “It is time for a change. That is why I welcome Skydance’s commitment to make significant changes at the…

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Rescue teams recovered the body of a retired colonel on Thursday, who had been missing since his car was swept away by rainwaters and slipped into a drain in Rawalpindi last week. The search for his daughter, who was with him at the time, continues. The incident occurred when the father and daughter’s car was carried away by the fast-moving waters of a seasonal stream that connects sector 4 and phase 7 of a private housing society in Islamabad. Read: Search on for father, daughter lost in flood Eyewitnesses reported seeing both signaling for help, but due to the heavy flow of…

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The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty ImagesIntel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company’s new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock ticked higher in extended trading.Here’s how the chipmaker did versus LSEG consensus estimates:Earnings per share: Loss of 10 cents per share, adjusted.Revenue: $12.86 billion versus $11.92 billion estimatedIntel said it expects revenue for the third-quarter of $13.1 billion at the midpoint of its range, versus the…

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