For years, Pakistan’s economic journey has been a rollercoaster ride, marked by challenges and moments of hope. However, recent developments suggest a turning point a shift towards stability that is both encouraging and inspiring. The latest findings from the IPSOS Global Consumer Confidence Index bring good news, painting a picture of a resilient economy on the mend. The survey, recognized globally, delves into the public’s perception of economic conditions, their confidence in future prospects, and their readiness to invest. The fourth-quarter report offers a refreshing perspective on Pakistan’s economy, which appears to have made notable strides over the past year.…
Author: Web Desk2
History teaches us a simple yet harsh truth: nations often collapse not because of outside enemies but because of chaos within. We’ve seen it happen in Iraq, Libya, Sudan, and Yemen, and now Syria stands as a fresh warning. The Syrian civil war started with rebellion but quickly turned into a playground for foreign powers. For more than ten years, Syria’s military fought a draining battle against insurgents while facing relentless external interference. The result was inevitable exhaustion, collapse, and devastation. For countries like Pakistan, Syria’s story is more than a tragedy; it’s a cautionary tale. The question is stark:…
On August 12, 2024, formal proceedings under the Pakistan Army Act commenced against retired Lieutenant General Faiz Hameed through a Field General Court Martial, according to a statement issued by the Inter-Services Public Relations (ISPR). In the latest phase of the proceedings, Lt Gen (R) Faiz Hameed has been officially charged with multiple serious offenses. These charges include engaging in political activities, violating the Official Secrets Act, endangering the security and interests of the state, misusing authority and official resources, and causing undue harm to individuals, as confirmed by ISPR. During the ongoing Court Martial, a separate investigation is underway…
ISLAMABAD: On International Human Rights Day, Prime Minister Muhammad Shehbaz Sharif underscored the universal importance of protecting fundamental rights, reaffirming Pakistan’s dedication to advancing human dignity at home and abroad. Reflecting on the adoption of the Universal Declaration of Human Rights in 1948, the Prime Minister highlighted the global observance of December 10 as a day to champion equality, freedom, and justice. He noted, however, that the principles enshrined in the declaration resonate deeply with the teachings of Islam, which have long upheld the sanctity of human values. This year’s theme, “Our Rights, Our Future, Right Now,” served as a…
RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir met with the Pakistan Army contingent that brought home the coveted Gold Medal from the globally renowned “Exercise Cambrian Patrol” held in the United Kingdom from October 4 to 13, 2024. The Cambrian Patrol, an internationally celebrated military competition, is lauded as one of the most grueling tests for soldiers worldwide. This year’s edition saw participation from 143 elite teams representing various nations, each vying to demonstrate their tactical prowess and operational excellence. The Pakistan Army team showcased unparalleled skill, resilience, and discipline, earning the Gold Medal for the sixth…
Pakistan is no stranger to political upheavals, but the PTI’s renewed call for civil disobedience adds a surreal twist to an already fraught landscape. Imran Khan’s recent threat to launch a movement if his demands releasing political prisoners and forming a judicial commission are not met places the country at a crossroads. While the rhetoric of defiance might appeal to his core supporters, the real question is: who truly benefits from this path of disruption, and who pays the price? At face value, civil disobedience might seem like a powerful tool for applying pressure on the government. For Khan, it…
Aleema Khan, the sister of PTI founder Imran Khan, recently warned that overseas Pakistanis could be urged to stop sending remittances unless the government addresses PTI’s key demands, including a judicial investigation into the May 9 events. While this statement may appear as a call for justice, it raises significant concerns about its potential impact on Pakistan’s already fragile economy and the welfare of its most vulnerable citizens. Pakistan’s economy heavily relies on remittances, which amounted to over $30 billion in 2023. These financial contributions from expatriates play a crucial role in sustaining families, supporting small businesses, and providing much-needed…
PTM is a group that spreads division, not a true representative of the Pashtun community. Since its formation in 2018, PTM has adopted a confrontational approach with state institutions instead of engaging in constructive dialogue. It falsely claims to represent the Pashtun community, a misleading propaganda orchestrated by its foreign backers and Afghan diaspora. PTM avoids participating in electoral politics due to its lack of public support. Engaging in elections would expose its limited support, which is mainly confined to tribal areas. Even in its so-called Pashtun National Jirga, PTM has failed to unite any significant force. The massive public…
KARACHI: The Pakistan Stock Exchange (PSX) experienced an extraordinary surge on Friday, as the benchmark KSE-100 Index soared to a historic high of 109,342 points, marking a significant milestone for the market. The rally was fueled by renewed investor confidence, driven by a series of positive economic developments and favorable market conditions. The market opened the day with a substantial gain of 1,035 points, quickly crossing the historic 109,000-point threshold. This impressive upward momentum continued throughout the session, with the index climbing a total of 1,103 points by the close of the trading day. This surge in the stock market…
In the latest Global Risks Report 2024 by the World Economic Forum, Pakistan has been identified as one of the nations deeply impacted by the spread of misinformation and disinformation. The report underscores how misinformation has become a significant threat globally, amplifying societal polarization, undermining trust in institutions, and inciting unrest, especially in countries like Pakistan. The report highlights the alarming link between false narratives and increased societal instability, noting that countries grappling with political and economic challenges are particularly vulnerable to the impact of these manipulated information campaigns. This report, produced in collaboration with Zurich Insurance Group and Marsh…