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ISLAMABAD: The Pakistan Crypto Council (PCC) on Monday agreed to form a technical committee tasked with developing a regulatory framework for digital and virtual assets, the Ministry of Finance announced on Monday. The development emerged during a high-level meeting chaired by Finance Minister Muhammad Aurangzeb and attended by PCC Chief Executive Officer Bilal Bin Saqib, the Governor of the State Bank of Pakistan (SBP), the Chairman of the Securities and Exchange Commission of Pakistan (SECP) and senior officials from various government departments. According to the ministry’s press release, discussions centred on aligning Pakistan’s approach to digital finance with global standards…
The 32 teams are confirmed before the June 14 tournament start with Real Madrid, PSG and Inter Miami among the big names.The revamped 2025 FIFA Club World Cup, to be held from June 14 to July 13 in the United States, features a record number of teams taking part. Thirty-two clubs drawn from six FIFA confederations are allocated into eight groups of four, and each team will play three group stage matches in a round-robin format. The top two teams from each group advance to the knockout stage, starting with the round of 16 and culminating with the final, to…
Three-time major winner Aryna Sabalenka will face four-time French Open champion Iga Swiatek in a blockbuster semifinal.World number one Aryna Sabalenka has recovered from a slow start to systematically dismantle Paris Olympic champion Zheng Qinwen in a 7-6 (3), 6-3 victory that has sent her into the French Open semifinals. Sabalenka suffered her first loss to Zheng in seven career meetings in the Rome quarterfinals last month, and the Belarusian went behind early on Tuesday in the opening set at a half-full Court Philippe-Chatrier. “It was a true battle, and I had no idea how I could break her back…
The Texas flag flies outside TDECU Stadium in Houston, Oct. 21, 2023.Tim Warner | Getty Images Sport | Getty ImagesTesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology.CEO Elon Musk wrote in a post on X last week that the company has been testing Model Y vehicles with no safety drivers on board in the Texas capital for several days.Tesla’s Austin robotaxi service will kick off with 10 vehicles and expand to thousands, moving into more cities if the launch goes…
Shares of Dollar General jumped more than 10% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% to 4.7%, compared to its previous expectation of about 3.4% to 4.4%. It expects diluted earnings per share to range from $5.20 to $5.80, compared to its prior outlook of approximately $5.10 to $5.80. Dollar General anticipates same-store sales will increase 1.5% to 2.5%, higher than its previous guidance of about 1.2%…
ISLAMABAD: A cabinet body on Monday approved a new honorarium policy for the civil servants, giving discretionary powers to the finance minister to approve as many as budget honorariums for the employees of economic ministries, parliament and Prime Minister’s Office, according to an official statement. Headed by Finance Minister Muhammad Aurangzeb, the Economic Coordination Committee (ECC) of the cabinet “approved a summary by the Finance Division, outlining the policy for the grant of honorariums to the government employees”, it said. The ECC authorised the finance minister to “grant budget honorarium to the employees posted in Finance Division, Revenue Division, Federal…
As cocaine production reaches an unprecedented high, Colombia’s government is trialling a more peaceful remedy to its enduring narcotics crisis – offering payments to farmers to uproot coca crops, the primary ingredient in the drug. Alirio Caicedo and his son Nicolas are among the latest beneficiaries. A decade ago, they planted their fields with coca, staking their livelihoods on the persistent demand from criminal gangs. Now, the Caicedos are digging up those same crops, uncertain of what the future holds. They are joined by about 4,000 other Colombian families who have entered into agreements with the government to replace coca…
Democratic Rep. Ro Khanna of California warned Tuesday that the nation’s economy and talent pipeline could take a hit if international students opt against attending colleges in the United States because of President Donald Trump’s visa policies.”The reality is that you have people like Elon Musk who were foreign students, I mean, they have been embedded in Silicon Valley and the companies that have been created,” Khanna said on CNBC’s “Squawk Box.”Khanna, who represents Silicon Valley, said that world-class educational opportunities for foreign students are one of America’s “biggest exports of anything.””You go talk to Stanford, you talk to other…
Listen to article In a landmark move, the Punjab Cabinet has approved the province’s first-ever Child Protection Policy, a significant step forward in institutionalizing children’s rights and welfare in the region. The policy was sanctioned during a cabinet meeting chaired by Punjab Chief Minister Maryam Nawaz, who has been credited with taking a personal interest in the initiative. Developed by the Child Protection and Welfare Bureau (CPWB) with technical support from UNICEF Pakistan, the policy outlines a comprehensive framework to prevent abuse, violence, and exploitation of children. It aims to establish an integrated system to ensure a safe and supportive environment for…
Geert Wilders, leader of the populist PVV, throws coalition government into crisis in row over immigration.Dutch Prime Minister Dick Schoof has announced his decision to step down, just hours after far-right firebrand Geert Wilders withdrew support for the coalition government in a row over immigration. Wilders threw the government into crisis on Tuesday by announcing that his Party for Freedom (PVV) had pulled out of the right-wing coalition, because its three partners had failed to back his policies to crack down on asylum. “No signature under our asylum plans. The PVV leaves the coalition,” the PVV leader said in a…