New York City Mayor-elect Zohran Mamdani posted a video to social media on Sunday explaining immigrants’ right to refuse to speak to or comply with agents from US Immigration and Customs Enforcement (ICE), days after federal agents carried out a raid in Manhattan. In the video, Mamdani vowed to protect the city’s 3 million immigrants, saying, “We can all stand …
Read More »Reviving foreign investment in Pakistan – Pakistan & Gulf Economist
Pakistan needs stability, better regulations, skilled workforce and incentives to attract strong foreign investment Recently, many multinational corporations (MNCs) are exiting Pakistan due to a combination of factors, including: Economic Instability: The country’s economic landscape is marred by high inflation, currency depreciation, and a lack of foreign exchange reserves. Regulatory Uncertainty: Frequent policy changes, bureaucratic hurdles, and unpredictable regulations are …
Read More »ABHI Microfinance Bank: bridging Pakistan’s financial divide – Pakistan & Gulf Economist
Combines microfinance and fintech, empowering women, entrepreneurs, and rural populations with banking access In Pakistan, access to banking remains a distant dream for millions. While the cities bustle with modern banks, digital wallets, and fintech apps, a vast section of the population — small entrepreneurs, farmers, women, and daily-wage workers — remains unbanked. It is against this backdrop that the …
Read More »From China to Pakistan: leveraging hot money for stability – Pakistan & Gulf Economist
Hot money increases liquidity, strengthens the rupee, supports reserves, and enhances Pakistan’s financial markets Hot money refers to short-term, speculative capital that quickly moves across borders in search of high returns. It often reacts instantly to changes in interest rates, exchange rate expectations, political developments, and global financial trends. In the context of China, the concept of hot money has …
Read More »BEKO reaffirms confidence in Pakistan’s home-appliances sector – Pakistan & Gulf Economist
Türkiye’s leading investment holding company, Koç Holding, reaffirmed its long-term commitment to Pakistan and Dawlance’s growth trajectory through a high-profile visit from senior executives of Koç Holding and Beko, flagship of Koç Group in consumer durables industry. The delegation included Dr. Fatih Kemal Ebiçlioğlu, President of the Consumer Durables Group at Koç Holding; Can Dinçer, Chief Commercial Officer for Türkiye and South …
Read More »Non-tax revenue: vital buffer for fiscal deficits, stability – Pakistan & Gulf Economist
Improve governance and performance of state enterprises to broaden non-tax revenue base predictably The non-tax revenues (NTR) assists the federal government to meet expenditures including debt-servicing, development, subsidies, keeps fiscal deficits manageable, and extends fiscal breathing space — especially when tax collection (through direct/indirect taxes) underperforms. Non-tax revenue for Pakistan includes things like profits transferred from the State Bank of …
Read More »https://www.rt.com/news/629151-welt-sonntag-merz-defamation-complaints-online-comments/Merz has filed 5,000 complaints against online critics – media
The current chancellor is one of the “most sensitive” politicians in Germany’s history, Welt am Sonntag reports German Chancellor Friedrich Merz has filed nearly 5,000 defamation complaints over online comments, Welt am Sonntag reported on Sunday. The newspaper said it had obtained copies of the complaints, police files, and letters from law firms representing the leader of the Christian Democratic …
Read More »Vladimir Putin accused of rape and gouging out civilian’s organs in Mali
Vladimir Putin’s Russian army has been accused of raping and beheading civilians and gouging out their organs in a supposed fight against extremism in West Africa. Russia‘s paramilitary Africa Corps were deployed to Mali to take over the fight against Islamic militants from Wagner forces earlier this year. Wagner merceneries were known for their brutal treatment of civilians and human …
Read More »Stock indices in statistics – Pakistan & Gulf Economist
STOCK MARKET INDEXES Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD ASE Amman [+] 12/03/2025 3,425.00 -0.03% 0.06% 3.07% 40.95% 37.62% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 22.79% KSW Kuwait [+] 12/02/2025 9,370.92 -0.08% -0.61% -1.98% 20.63% 19.55% KSE Kyrgyz [+] 12/02/2025 6,378.16 0 0 -3.07% 60.26% 56.56% LSX […] The post Stock indices …
Read More »Netflix co-CEO reportedly discussed Warner Bros. deal with Trump | TechCrunch
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration, new reporting in Bloomberg and The Hollywood Reporter suggests that Netflix co-CEO Ted Sarandos met with President Donald Trump to discuss a …
Read More »کہتے ہیں خیبرپختونخوا سیکیورٹی معاملات پر سنجیدہ نہیں، آپ اپنی پالیسیاں تبدیل کریں: سہیل آفریدی – Pakistan
وزیراعلی خیبرپختونخوا سہیل آفریدی نے کہا کہ پاکستان کے مفاد میں جو ہوگا ہم ساتھ دیں گے، یہ کہتے ہیں خیبرپختونخوا سکیورٹی معاملات پر سنجیدہ نہیں ، ہمارا قصور نہیں، آپ اپنی پالیسیاں تبدیل کریں، دو سیاسی مسخرے وزراء آکر عمران خان کے خلاف پریس کانفرنس کرتے ہیں، ہمیں تصادم کی سیاست نہیں کرنی۔ حیات آباد اسپورٹس کمپلیکس پشاور میں …
Read More »Consumer Price Index (CPI) on the radar
CPI COUNTRIES Countries Date CPI Interannual Accum. since January United States [+] September 2025 3.0% 2.9% United Kingdom [+] October 2025 3.6% 3.1% Germany [+] October 2025 2.3% 2.1% France [+] November 2025 0.9% 0.8% Japan [+] October 2025 3.0% 1.9% Spain [+] November 2025 3.0% 2.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] […] The post Consumer Price …
Read More »Water leak at Paris Louvre damages books at Egyptian antiquities department
A water leak last month damaged hundreds of books in the Egyptian antiquities department at the Louvre, underscoring the deteriorating state of the world’s most visited museum just weeks after a daring jewel heist exposed security flaws. Specialist website La Tribune de l’Art reported that around 400 rare books were affected, blaming poor pipe conditions. It said the department had …
Read More »X deactivates European Commission’s ad account after the company was fined €120M | TechCrunch
X’s Head of Product Nikita Bier fired back at the European Commission this weekend after the EC fined the social media company €120 million (around $140 million). In its first fine under the European Union’s Digital Services Act, the commission called X’s blue checkmark system “deceptive” and said the paid verification system makes users vulnerable to impersonation and scams. The …
Read More »Trump ‘has full blown argument with teleprompter’ in front of celebs
President Donald Trump endured an embarrassing teleprompter blunder whilst presenting medals to entertainment legends. On Saturday, Trump attended the Kennedy Center Honors medal ceremony. This year’s honourees include actor Sylvester Stallone, singers Gloria Gaynor and George Strait, rock group Kiss, and performer Michael Crawford. Things were running smoothly until a technical failure occurred during his introduction of Strait. “We have …
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