Trump announced a complete ceasefire with Iran on his birthday, reopening the Strait of Hormuz and pulling the US naval blockade effective immediately

President Donald Trump announced a completed ceasefire agreement with Iran on June 14, coinciding with his 80th birthday. The deal includes the reopening of the Strait of Hormuz, a critical shipping corridor for global energy markets that had been largely closed since late last year.

Trump broke the news himself on Truth Social. As reported by TMZ, he wrote that the deal with the Islamic…

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Federal government plans compensation for One Constitution Avenue buyers

The federal government has decided in principle to compensate apartment owners of One Constitution Avenue in Islamabad by returning the original prices paid for their units, following a long-standing legal and financial dispute over the high-profile housing project. A formal announcement will be made after approval from Prime Minister Shehbaz Sharif. Read More: One Constitution […]

IMF warns Middle East conflict could slow Pakistan economy, urges reforms to maintain stability

The International Monetary Fund warned Friday that the ongoing Middle East conflict could trigger a broader economic slowdown across the MENAP region, including Pakistan, while urging Islamabad to stay committed to its IMF program reforms. IMF Resident Representative in Pakistan Dr. Mahir Binici delivered the warning at an event hosted by the Sustainable Development Policy Institute in…

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NAB transfers 6,500 kanals of amenity land worth Rs66bn to CDA

ISLAMABAD: The National Accountability Bureau (NAB) Islamabad/Rawalpindi has completed the transfer of approximately 6,500 kanals of amenity and public utility land from private housing societies to the Capital Development Authority (CDA), according to an official statement. Read More: NAB seeks record of illegal housing schemes from CDA The transfer is aimed at addressing long-standing…

Iran’s top diplomat briefly returns to Pakistan but Trump says the sides can talk by phone

ISLAMABAD (AP) — The White House last week said it would dispatch envoys Steve Witkoff and Jared Kushner to Islamabad to follow up on historic face-to-face talks earlier this month. But shortly after Araghchi's departure Saturday, Trump said he had called off the mission because of a lack of progress with Iran.

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