Newsletter - Page 121 of 307

Gold Outlook: Bullish Momentum Fueled by Fed’s Dovish Shift

Gold prices have maintained a bullish trajectory, benefiting from the Federal Reserve’s recent dovish stance. After hitting a five-week high earlier this week, the yellow metal eased slightly on Friday due to profit-taking. Despite this dip, gold remains well-positioned for gains, supported by expectations of further policy easing and weak U.S. economic data.

Fed Rate Cuts Bolster Gold

Recent U.S. core inflation data for December came in weaker than anticipated, reinforcing the likelihood of multiple Federal Reserve rate cuts in 2025. Market sentiment has shifted, now anticipating at least two cuts, with some Fed officials hinting at the possibility of three or four if economic data continues to weaken. This dovish outlook has fueled optimism for gold, as lower interest rates reduce the opportunity cost of holding non-yielding assets like gold.

Technical Indicators Highlight Strength

Gold’s technical outlook on the daily chart remains firmly bullish, signaling a continuation of upward momentum. The precious metal is set for a third consecutive weekly gain, adding to its positive near-term prospects. A sustained weekly close above the critical $2,700/$2,693 levels, which correspond to psychological resistance and the 61.8% Fibonacci retracement of the $2,790–$2,536 range, would confirm the bullish trend.

These levels now act as strong support, likely to contain minor dips and preserve the broader bullish sentiment. Immediate targets include $2,726 and $2,730, with further upside potential toward $2,749, a key double top from early November. The record high of $2,790, posted on October 31, remains the ultimate target for bullish traders.

Read: Bulls Dominate PSX as Index Soars Over 1,200 Points

Key Support and Resistance Levels

While the outlook is bullish, caution is warranted. A dip below $2,693 could signal a temporary pullback, though the broader bias would remain positive as long as support at $2,675 holds. This support level, reinforced by a broken bearish trendline and the rising 10-day moving average (10DMA), provides a safety net for gold bulls.

Key resistance levels to watch include:

$2,726: December 12 lower top.
$2,730: Fibonacci 76.4%.
$2,749: November 5/6 double top.

Support levels to monitor are:

$2,700: Psychological support.
$2,693: Fibonacci 61.8%.
$2,675: Rising 10DMA and broken trendline.

Broader Economic Considerations

Economists remain cautious, noting that potential U.S. economic growth under the Trump administration’s policies could introduce new dynamics. Tariff measures and other policies could reignite inflation, complicating the Fed’s dovish stance and impacting gold’s trajectory.

Outlook for Gold

Gold’s recent performance underscores its resilience amid economic uncertainty. While minor pullbacks may occur, the metal’s overall outlook remains strong as market conditions favor continued gains. Investors should closely watch key technical levels and Fed policy updates, as these factors will shape gold’s path in the coming weeks.

Gold remains a reliable asset for those navigating a volatile economic landscape, offering stability amid shifting monetary policies.

Karachi Prepares for ICC Champions Trophy with Enhanced Arrangements

Karachi is gearing up to host the opening match of the ICC Champions Trophy next month, with special arrangements in place to ensure the tournament’s success. The city’s administration has announced comprehensive measures to provide a secure and enjoyable experience for spectators, cementing Pakistan’s reputation as a host for international cricket.

Key Preparations in Karachi

The ICC Champions Trophy, scheduled from February 19 to March 9, will feature matches in Karachi, Lahore, and Islamabad. To address security and logistical needs, However Karachi Commissioner Syed Hassan Naqvi chaired a high-level meeting with senior officials from the police, Rangers, and other agencies. I

To ease access for spectators, the administration has planned special parking facilities and a shuttle service to transport fans from designated parking spots to the National Stadium.

Read: Amad Diallo’s Hat-Trick Seals Manchester United’s Comeback

Security and Infrastructure Enhancements

Authorities are committed to ensuring foolproof security during the tournament. Teams of police and Rangers will work closely to provide a safe environment for players and spectators. In addition, the stadium and nearby areas will undergo extensive beautification.

Arshad Khan, the General Manager of the National Stadium, briefed the attendees on the tournament’s schedule. He emphasized the significance of this event, which is expected to boost Pakistan’s standing in international cricket.

Tournament Highlights

The ICC Champions Trophy 2025 will feature eight teams competing in 15 matches. Group A includes Pakistan, India, New Zealand, and Bangladesh, while Group B consists of South Africa, Australia, Afghanistan, and England.

The opening match will see Pakistan taking on New Zealand on February 19 in Karachi. The hybrid model adopted for the tournament ensures that matches involving India will be played in Dubai, addressing India’s security concerns about playing in Pakistan.

Strengthening Pakistan’s Cricket Profile

Hosting the Champions Trophy presents an opportunity for Pakistan to showcase its ability to organize high-profile international events. The tournament will not only highlight Pakistan’s cricket infrastructure but also help meet public expectations for a successful championship.

As preparations continue, the efforts of the Karachi administration and the Pakistan Cricket Board (PCB) reflect the country’s commitment to delivering a memorable experience for fans and players alike. With the spotlight on Pakistan, the Champions Trophy promises to be a landmark event in the nation’s cricket history.

Five Terrorists Neutralized in Intelligence-Based Operation

In a significant move against terrorism, five militants were eliminated in an intelligence-based operation (IBO) in Khyber Pakhtunkhwa’s Tirah Valley on Friday. According to the Inter-Services Public Relations (ISPR), the operation targeted a group of terrorists based on reliable intelligence reports. Among those killed was ringleader Abidullah, also known as Turab, who had been involved in numerous attacks against security forces and civilians. This decisive operation underscores Pakistan’s unwavering commitment to eradicating terrorism.

Details of the Operation

Security forces conducted the operation in Tirah, engaging the terrorists in a fierce exchange. Five militants were killed, and one was captured. Weapons and ammunition were recovered from the site, highlighting the group’s capacity for violence. According to the ISPR, these individuals were responsible for multiple terrorist acts in the region, including attacks on civilians.

A sanitization effort is ongoing to ensure no further militants remain in the area. The military emphasized its resolve to continue these operations until the region is entirely free of terrorist activity.

Read: Pakistan Launches First Indigenous Satellite EO-1

Recent Security Context in Tirah

The security situation in Tirah Valley has been a focal point for the military. Since December 14, security forces have conducted multiple IBOs in the region, killing 22 terrorists and injuring 18 others. The operations are part of a broader effort to restore peace in an area that has recently seen an increase in terrorist activity.

In recent months, armed militants have been reported taking refuge in hilly terrains and abandoned homes in Tirah Valley. While the situation in parts of the valley has calmed, some terrorists are believed to have relocated to Afghanistan or nearby districts.

Rise in Terrorist Activities

Pakistan has witnessed a resurgence in terrorist incidents, particularly in Khyber Pakhtunkhwa and Balochistan. This uptick followed the breakdown of a ceasefire agreement with the banned Tehreek-i-Taliban Pakistan (TTP) in 2022. The year 2024 proved particularly deadly, with 444 terror attacks leading to the deaths of 685 security personnel. According to the Centre for Research and Security Studies, this marked the highest toll on security forces in a decade.

Despite the challenges, security forces conducted over 59,000 operations in 2024. These efforts resulted in the elimination of 925 terrorists, though they also cost the lives of 383 officers and soldiers.

Restoring Peace in the Region

The ISPR reaffirmed the military’s commitment to eliminating terrorism. It stated that the operations in Tirah would continue until peace is fully restored. With armed militants gradually moving away from key areas, efforts to secure the valley and its surroundings have intensified.

As Pakistan battles the renewed threat of terrorism, such operations reflect the nation’s determination to ensure security and stability for its citizens. The success in Tirah is a step forward in the broader fight against extremism.

HMPV Cases Surge in India: What You Need to Know

Human metapneumovirus (hMPV), a respiratory infection gaining attention, is on the rise in India while cases decline in China. The virus, first detected in late 2024, can cause severe symptoms, including pneumonia and bronchitis, particularly in vulnerable populations. Though not highly contagious or pandemic-prone, hMPV’s flu-like symptoms often lead to confusion with illnesses like COVID-19. With no cure or vaccine currently available, understanding hMPV is vital for managing and preventing complications.

This article explores key questions about hMPV with insights from leading pulmonologists, Dr. Harish Chafle and Dr. Manisha Mendiratta.

What is Human Metapneumovirus?

HMPV is a respiratory virus belonging to the pneumoviridae family, similar to respiratory syncytial virus (RSV). It spreads through the respiratory tract, infecting cells lining the airways. The virus causes inflammation, leading to symptoms such as cough, fever, sore throat, and breathing difficulties.

How Serious is hMPV?

According to Dr. Mendiratta, hMPV symptoms range from mild to severe. Healthy individuals often experience flu-like symptoms such as sore throat, fever, and fatigue. However, infants, older adults, and people with weakened immune systems are at higher risk of developing serious complications like pneumonia or bronchitis. Monitoring symptoms is essential, especially for those in vulnerable groups.

How Does hMPV Spread?

The virus spreads through respiratory droplets when an infected person coughs or sneezes. It can also survive on surfaces, making hand hygiene crucial in reducing transmission. Unlike highly contagious illnesses, hMPV spreads at a moderate pace but still requires vigilance, particularly in areas with increasing cases.

Read: FDA Proposes Front-Facing Nutrition Labels for Food Packages

Can hMPV Be Prevented?

Prevention relies on maintaining good hygiene. Washing hands frequently, wearing masks in crowded spaces, and avoiding close contact with infected individuals are effective measures. Disinfecting frequently touched surfaces can also minimize the risk of spreading the virus.

What are the Treatment Options?

Dr. Chafle emphasizes that no specific treatment exists for hMPV. Care focuses on managing symptoms. Patients with mild illness may recover with rest, hydration, and over-the-counter medications for fever or cough. Severe cases, particularly those involving pneumonia, require hospitalization and oxygen therapy.

Who is at Risk?

Infants, older adults, and individuals with chronic illnesses or weakened immune systems are most vulnerable to hMPV complications. People with underlying respiratory conditions, such as asthma or COPD, face additional risks. Early detection and medical intervention are critical for these groups.

How is hMPV Diagnosed?

Healthcare providers diagnose hMPV through a combination of clinical evaluation and lab tests, including PCR tests that detect the virus in respiratory samples. Timely diagnosis ensures appropriate care and reduces the risk of complications.

What Steps Can Be Taken to Control the Spread?

Public health efforts must focus on awareness, early detection, and symptom management. Communities should prioritize vaccination campaigns once a vaccine becomes available. Meanwhile, individuals can play a role by practicing preventive measures and seeking prompt medical advice if symptoms arise.

Looking Ahead

As hMPV cases rise in India, staying informed is key. Understanding the virus, practicing preventive care, and addressing symptoms early can help reduce its impact, especially on high-risk populations.

NASA Prepares Ground Systems for Artemis II

NASA’s Kennedy Space Center is gearing up for the Artemis Program, with significant progress in building ground systems for upcoming lunar missions. Teams are advancing hardware for Artemis II, the first crewed Artemis flight, and preparing the mobile launcher for Artemis IV. The keyword “Artemis Program” underscores NASA’s commitment to enabling human exploration of the Moon and beyond.

Advancing Artemis II Preparations

Crews at Kennedy are working on multiple fronts to prepare for Artemis II. This mission will test the Space Launch System (SLS) rocket and the Orion spacecraft with astronauts aboard. Technicians are testing the upper stage umbilical connections, which will supply fuel and other resources to the rocket at the launch pad. These efforts are critical to ensuring the rocket’s seamless operation during launch.

Building Mobile Launcher 2

Construction of Mobile Launcher 2 (ML2) is in full swing for the Artemis IV mission, which will use the upgraded SLS Block 1B rocket. In mid-October 2024, crews installed the “chair,” an 80-foot-tall interface that connects the launcher’s base to the tower modules. By December, teams completed stacking Module 4, the first of seven vertical sections. Using heavy-lift cranes, they hoisted the module 150 feet and secured it to the chair. Once complete, the tower will stand nearly 400 feet tall, equivalent to four Olympic-sized swimming pools placed end-to-end.

Read: Pakistan Launches First Indigenous Satellite EO-1

Ahead of Schedule

The NASA and Bechtel National, Inc. teams are advancing ML2 construction faster than planned. Darrell Foster, ground systems integration manager for NASA’s Exploration Ground Systems Program, stated, “The mobile launcher 2 team is ahead of schedule and gaining momentum.” While the main build site sees rapid progress, additional tower modules are being assembled at a separate site for efficient integration.

Testing Umbilical Interfaces

At the Launch Equipment Test Facility, teams are testing new umbilical systems for the SLS Block 1B rocket’s Exploration Upper Stage. Umbilicals connect critical supplies like fuel, oxidizers, and electrical power from the mobile launcher to the rocket. However ambient temperature tests have been completed, and cryogenic tests using liquid nitrogen and hydrogen are now underway.

Kevin Jumper, lab manager at the test facility, highlighted the progress: “The team has made significant strides in verifying the performance of the Exploration Upper Stage umbilicals.” These tests include triggering umbilical arms to extend and retract, simulating their operation during liftoff.

Supporting Future Lunar Missions

The Artemis Program aims to establish sustainable lunar exploration. However the groundwork at Kennedy Space Center is vital for this vision. As hardware and ground systems come together, each milestone brings humanity closer to returning to the Moon and advancing exploration beyond Earth’s orbit.

NASA’s progress signals a new era in space exploration, driven by cutting-edge engineering and international collaboration. In conclusion the Artemis Program stands as a beacon for future space missions and the next chapter of human exploration.

Israel Security Cabinet Ratifies Gaza Ceasefire Agreement

Israel’s security cabinet has approved a landmark ceasefire agreement, a critical step to ending the 15-month war with Hamas. The deal includes the exchange of hostages held by Hamas for Palestinian prisoners in Israeli jails. This agreement also halts hostilities for six weeks and seeks to address the humanitarian crisis in Gaza.

Hostage and Prisoner Exchange Details

In return, Israel will free 50 Palestinian prisoners for each female soldier released and 30 prisoners for other hostages. The names of the released hostages and prisoners will be publicly disclosed after their transfer.

Israeli President Isaac Herzog praised the decision, calling it a crucial step to fulfill the government’s obligation to its citizens. Although petitions challenging aspects of the deal are pending in Israel’s high court, intervention is unlikely.

Read: Israel Delays Ceasefire Vote as Gaza Attacks Escalate

Phased Implementation Plan

The ceasefire’s first phase prioritizes releasing hostages and prisoners while addressing Gaza’s humanitarian needs. Wounded individuals will be evacuated for treatment abroad, and daily aid deliveries to Gaza will increase to 600 trucks. The second phase includes the release of remaining hostages and corresponding Palestinian prisoners, followed by Israel’s complete withdrawal from Gaza.

The agreement outlines a third phase to exchange the bodies of deceased hostages and fighters. It also introduces plans for Gaza’s reconstruction, though future governance remains unclear. International leaders have suggested restoring Palestinian Authority control in Gaza, but Israel opposes this move.

Humanitarian Challenges in Gaza

The war has devastated Gaza, leaving over 46,000 Palestinians dead and its infrastructure in ruins. Aid agencies report that at least 500 daily truckloads of supplies are required to manage the humanitarian crisis. The agreement aims to facilitate relief efforts and allow displaced Palestinians greater mobility within Gaza.

Continued Violence and Negotiations

Despite the ceasefire announcement, violence persisted until Thursday night. Israeli airstrikes targeted 50 sites in Gaza, while Palestinian authorities reported 86 casualties within 24 hours. The ceasefire seeks to halt such attacks and provide relief, though negotiations for long-term peace will continue. Israeli negotiators are scheduled to meet in Cairo to finalize logistics.

Broader Implications

The conflict, which began with a Hamas attack in October 2023, has claimed 1,200 Israeli lives and resulted in 250 hostages. Previous ceasefires collapsed quickly, highlighting the challenges of achieving lasting peace. The international community remains focused on ensuring this agreement succeeds and addresses the humanitarian crisis.

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Google Perpetual Hack Exploits Authentication: Protect Your Data Now

Cybersecurity researchers have exposed a dangerous new tactic targeting Google users. Known as the “Perpetual Hack,” this phishing attack steals credentials and bypasses two-factor authentication (2FA) in real time. It exploits the “sign-in-with-Google” process, posing a severe risk to advertisers and individual users alike. Here’s everything you need to know to safeguard your accounts.

How the Perpetual Hack Works

The attack begins with hackers creating fake Google Ads login pages. Unsuspecting users, particularly advertisers, are lured into entering their credentials. Once submitted, the phishing system collects sensitive information like session cookies, unique identifiers, and login details.

Using this data, attackers take control of accounts in real time. They either lock victims out, misuse ad budgets, or launch fraudulent campaigns. These compromised accounts are then used to target more victims, perpetuating the cycle.

Read: How Much Do Social Media Founders Use Social Media Themselves?

Scale of the Threat

According to Malwarebytes, this is one of the most sophisticated malvertising campaigns ever tracked. Hackers use deceptive techniques like cloaking, which shows legitimate content to Google’s review systems but displays fraudulent ads to users. This method allows the attackers to evade detection while operating at a massive scale.

The attackers’ goals include reselling hacked accounts on dark web forums and using these accounts to deliver malicious ads or malware. These tactics not only compromise individual accounts but also threaten business networks.

Google’s Response

Google has acknowledged the severity of this campaign. A spokesperson confirmed that the company is working to help affected advertisers regain control of their accounts. They also emphasized that Google’s teams are actively monitoring and removing malicious ads.

In 2023 alone, Google removed 3.4 billion ads and restricted 5.7 billion others for policy violations. Despite these efforts, the increasing sophistication of hackers poses an ongoing challenge.

Protect Yourself from the Perpetual Hack

To minimize your risk:

Verify Login Pages: Always check the URL before entering credentials. Genuine Google login pages begin with “https://accounts.google.com.”
Enable Enhanced Security Features: Use Google’s Advanced Protection Program if you handle sensitive information.
Use Ad Blockers: Advertisers often disable ad blockers to monitor competitor ads, but doing so increases their exposure to phishing attempts. Re-enabling ad blockers can add a layer of security.
Monitor Accounts Regularly: Keep track of any unusual activity, such as unrecognized login attempts or changes to account settings.
Report Suspicious Ads: If you encounter misleading or malicious ads, report them to Google immediately.

A Wake-Up Call for All Users

The Perpetual Hack highlights the evolving nature of cyberattacks. It underscores the importance of vigilance, especially for businesses relying on Google Ads. While Google continues to improve its defenses, individual users must remain proactive in protecting their accounts.

This new exploit serves as a stark reminder that even advanced security measures like 2FA are not foolproof. Stay informed, act quickly, and prioritize your digital security to stay ahead of these growing threats.

Amad Diallo’s Hat-Trick Seals Manchester United’s Comeback

Amad Diallo shone brightly as Manchester United defeated Southampton 3-1 at Old Trafford, thanks to his sensational hat-trick. Diallo’s brilliance, coming in the final moments of the game, reversed United’s fortunes and secured a much-needed victory. Meanwhile, Brighton ended their winless streak with a convincing 2-0 win over Ipswich Town.

Diallo Leads United to Victory

Manchester United fans witnessed a stunning display from Amad Diallo, who became the first United player to score a Premier League hat-trick since 2022. Trailing for most of the match, United struggled to match Southampton’s energy. However, Diallo’s second-half performance turned the tide.

Southampton initially took the lead when United’s Manuel Ugarte conceded an own goal from a corner. United’s attack lacked urgency until Diallo equalized in the 81st minute, sparking a remarkable comeback. In stoppage time, the young star added two more goals, showcasing his speed, flair, and lethal finishing ability.

Head coach Ruben Amorim praised Diallo’s performance but stressed the need for greater consistency. “Amad’s brilliance saved us today, but we can’t rely on moments like this. We need to perform better across 90 minutes,” Amorim said.

With this victory, Diallo, now the second-youngest United player to score a Premier League hat-trick after Wayne Rooney, cemented his place as one of the club’s rising stars.

Southampton’s boss Ivan Juric lamented his team’s inability to hold their lead. “We need to be smarter in critical moments. Sometimes, you have to play with more toughness,” he said. The loss leaves Southampton in dire straits, sitting ten points from safety.

Read: Arsenal Triumphs 2-1 Over Tottenham in Intense North London Derby

Brighton End Their Winless Run

Brighton finally broke their winless streak, securing a 2-0 victory over Ipswich Town at Portman Road. Goals from Kaoru Mitoma and Georginio Rutter lifted the Seagulls to ninth place in the Premier League table, restoring hope for a strong finish to the season.

Mitoma opened the scoring in the first half, becoming the joint-top scoring Japanese player in Premier League history. His unmarked strike gave Brighton a much-needed boost. Despite Ipswich’s early pressure, Brighton remained disciplined defensively. Rutter’s late goal sealed the win, ensuring a well-deserved three points.

Brighton manager Fabian Hurzeler expressed optimism following the victory. “This result means a lot to us. We played with control, and our finishing was clinical. It’s a big step forward,” he said.

Ipswich, however, continues to struggle, slipping back into the relegation zone after this defeat. Manager Kieran McKenna acknowledged his team’s difficulties, saying, “We need to convert chances and show more fight to survive in this league.”

Turning Points for Both Teams

While Manchester United celebrated Diallo’s heroics and a crucial win, Brighton’s tactical discipline brought them renewed confidence. Both teams will look to build on their performances as the Premier League season intensifies. Southampton and Ipswich face mounting pressure, with their survival hopes hanging by a thread.

These matches highlighted the drama and unpredictability of the Premier League, keeping fans on edge as the season progresses.

Pakistan Launches First Indigenous Satellite EO-1

Pakistan marked a historic milestone by launching its first home-made Electro-Optical (EO-1) satellite. The launch, conducted at the Jiuquan Satellite Launch Centre in northern China, underscores Pakistan’s growing expertise in space technology. However equipped with advanced electro-optical sensors, the EO-1 satellite promises to revolutionize resource management, disaster response, and urban planning.

Transforming Space Capabilities

The EO-1 satellite is designed to gather high-resolution images and data by detecting reflected sunlight and emitted radiation from the Earth’s surface. In conclusion this innovation represents Pakistan’s commitment to technological advancement and self-reliance in space exploration.

The Space and Upper Atmosphere Research Commission (SUPARCO), which spearheaded the project, hailed the satellite as a key tool for sustainable development. SUPARCO Chairman Muhammad Yousaf Khan expressed gratitude for the government’s support and highlighted the engineers’ dedication. “However this launch reaffirms Pakistan’s focus on leveraging space technology for national progress,” he said.

Multifaceted Applications

The EO-1 satellite is set to deliver transformative benefits across various sectors:

Agriculture: It will support precision farming, optimize irrigation, and improve crop yield predictions.
Urban Planning: The satellite will monitor infrastructure growth and manage urban sprawl effectively.
Environmental Management: It will track deforestation, glacier recession, and water resources to mitigate environmental challenges.
Disaster Management: With timely updates on floods, earthquakes, and landslides, the satellite will enhance disaster response capabilities.

Additionally, the EO-1 will assist in exploring and conserving natural resources such as minerals, oil, and gas reserves, enabling data-driven decision-making and national development.

Read: Imran Khan Gets 14 Years, Bushra Bibi 7 Years in 190M Pound Case

A Collaborative Effort

The launch also marked a partnership between Pakistan and China. Alongside the EO-1, China’s Long March-2D rocket carried two additional satellites, Tianlu-1 and Blue Carbon 1, into orbit. This collaboration reflects the strengthening of ties between the two nations in advanced space research.

Prime Minister Shehbaz Sharif described the event as a “proud moment” for Pakistan, emphasizing that it highlights the nation’s progress in science and technology. Deputy Prime Minister and Foreign Minister Ishaq Dar also acknowledged the achievement as a testament to SUPARCO’s expertise and the government’s dedication to peaceful space exploration.

A Broader Vision for Space Technology

The EO-1 launch aligns with Pakistan’s National Space Policy, aiming to position the country as a leader in advanced space technology. In May 2024, Pakistan launched the PakSat-MM1 satellite to improve communication infrastructure. The nation also collaborated with China on the Chang’e 8 lunar exploration mission, set for launch in 2028.

As the global earth observation satellite market grows, predicted to exceed $8 billion by 2033, Pakistan’s entry into this field demonstrates its commitment to innovation and progress. In conclusion this launch solidifies SUPARCO’s role in driving national growth through cutting-edge space solutions.

The EO-1 satellite marks a new chapter in Pakistan’s space journey, showcasing the nation’s resolve to harness technology for sustainable development and global competitiveness.

Bulls Dominate PSX as Index Soars Over 1,200 Points

The Pakistan Stock Exchange (PSX) witnessed an electrifying trading session on Friday, with the benchmark KSE-100 index soaring by over 1,200 points in intraday trading. The index closed at 115,057.71, marking an impressive rise of 1,220.97 points (1.05%), reflecting newfound investor confidence.

Key Drivers Behind the Rally

The market’s upward trajectory was largely driven by two major developments:

Verdict in Al-Qadir Trust Case:
The conviction of former Prime Minister Imran Khan and his spouse Bushra Bibi in the £190 million Al-Qadir Trust case seemed to ease political uncertainty. Analysts interpreted the verdict as a sign of reduced political noise, allowing the market to focus on improving macroeconomic fundamentals.
- Awais Ashraf, director of research at AKD Securities, highlighted that disinflationary trends and a stabilized external account position could lead to a reduction in interest rates. This, in turn, would encourage a shift from fixed-income instruments to equities.
Economic Indicators Shine:
Positive economic data further fueled investor optimism:
- Current Account Surplus: December recorded a surplus of $582 million, boosting market sentiment.
- Decline in SPI: The Sensitive Price Index (SPI) showed a drop over the past week, hinting at easing inflationary pressures.

Yousuf M. Farooq, director of research at Chase Securities, predicted a stable inflation trajectory supported by a steady currency and balanced current account. He added that interest rates could potentially fall to single digits within FY25 if fiscal discipline is maintained.

Political and Economic Context

Earlier in the day, Judge Nasir Javed Rana announced the much-anticipated verdict in the Al-Qadir Trust case. Imran Khan was sentenced to 14 years in prison, while Bushra Bibi received a seven-year term. Fines amounting to Rs1 million for Imran and Rs500,000 for Bushra were imposed, with additional jail time for non-payment.

While the verdict provided a momentary respite from political instability, analysts warned that political volatility remains a key risk factor for the market. “Oil prices also present an upside risk to inflation,” Farooq added.

Trump Administration to Keep TikTok Operating in the US

Recent Market Performance

The bullish momentum on Friday came as a welcome reprieve after a turbulent session on Thursday, where concerns over a sharp contraction in the large-scale manufacturing (LSM) sector and ongoing political uncertainty had pushed the KSE-100 index below 114,000.

Yesterday’s caution stemmed from news of dialogues between the establishment and senior opposition leaders, raising fears of policy changes by the ruling coalition. However, with the conclusion of the graft case, investors appeared more optimistic about the market’s trajectory.

Outlook

With interest rates potentially easing and economic fundamentals stabilizing, analysts predict that the stock market will remain buoyant over the next year. However, political instability and external shocks, such as fluctuating oil prices, continue to pose risks.

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Trump Administration to Keep TikTok Operating in the US

US President-elect Donald Trump’s incoming national security adviser, Mike Waltz, stated that the new administration plans to keep TikTok operating in the United States if a viable deal is reached. “We will put measures in place to keep TikTok from going dark,” Waltz told Fox News on Thursday. He emphasized that a 90-day extension, granted by law, could give TikTok’s Chinese parent company, ByteDance, more time to complete a divestiture.

The 90-day extension is intended to allow ByteDance to find a solution that could ensure TikTok’s continued operation in the US. Waltz confirmed that the extension would help President Trump “buy time” for a potential deal. The popular app is used by over 170 million Americans monthly.

Trump Considers Executive Order

On the same day, the New York Times reported that President Trump is considering an executive order to allow TikTok to remain in operation despite a pending legal ban. However, it remains unclear if Trump has the legal authority to make such an order, given the divestiture requirements set by Congress.

A group of US lawmakers is pushing for a 270-day extension, warning that a ban could harm Americans who rely on TikTok for their livelihoods. TikTok has yet to comment on the developments.

Legal Developments and Supreme Court Decision

As TikTok faces a potential ban, a US federal law signed in April mandates a ban on new downloads of TikTok on Apple and Google app stores unless ByteDance completes a divestiture. If the ban is implemented, US companies would also be prohibited from supporting TikTok’s services.

Court to Decide Today on Imran Khan and Bushra Bibi’s £190m Case

The law allows for a 90-day delay if significant progress is made on a divestiture plan. However, US President Joe Biden has no plans to intervene in the matter unless the Supreme Court acts before the ban takes effect.

TikTok’s CEO, Shou Zi Chew, is set to attend the presidential inauguration on January 20, 2025. This decision has sparked criticism from some lawmakers, including Representative Frank Pallone, who questioned the message it sends about US national security.

The US Supreme Court is currently reviewing the law, which could either uphold the ban or delay its enforcement, as it weighs the future of TikTok’s operations in the country.

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SpaceX Starship Rocket Breaks Up in Space, Disrupting Air Traffic

A SpaceX Starship rocket broke up minutes after launching from Texas on Thursday, January 18, 2025, dealing a major setback to Elon Musk’s flagship rocket program. The rocket, carrying its first test payload of mock satellites but no crew, lifted off from South Texas at 5:38 PM EST (2238 GMT).

SpaceX mission control lost contact with the Starship eight minutes after liftoff. Video footage from Reuters showed orange streaks of light across the sky over Port-au-Prince, Haiti, leaving trails of smoke behind. SpaceX Communications Manager Dan Huot confirmed that the ship was lost, stating that they had lost all communications and had experienced an anomaly with the upper stage of the rocket.

This failure is the latest in SpaceX’s ongoing tests for the Starship program, following a similar mishap in March last year when a Starship upper stage failed during reentry into Earth’s atmosphere over the Indian Ocean.

Disruptions to Air Traffic

The rocket’s breakup caused major disruptions to air traffic. Dozens of commercial flights had to alter their course or divert to different airports to avoid falling debris. According to FlightRadar24, airports in Miami and Fort Lauderdale experienced delays of up to 45 minutes due to the space debris.

The Federal Aviation Administration (FAA) briefly diverted planes from the area where debris was falling, though normal operations resumed shortly after. The FAA regularly closes airspace during launches but can establish a “debris response area” if an anomaly occurs outside the designated zones.

Cause and Investigation into the Failure

SpaceX CEO Elon Musk suggested that the failure was likely caused by an internal leak of liquid oxygen fuel that built up pressure and led to the rocket’s breakup. The FAA is expected to open a mishap investigation to examine whether any debris fell on populated areas or outside the designated hazard zone.

This incident threatens to delay Musk’s goal of launching at least 12 Starship tests this year, depending on how quickly SpaceX can address the issue. However, Musk expressed confidence that future launches may continue as planned. He stated, “Nothing so far suggests pushing next launch past next month.”

Despite the failure, the mission was a part of SpaceX’s ambitious efforts to develop the Starship, a rocket capable of ferrying humans and cargo to Mars and deploying satellites into Earth’s orbit. This test was the seventh since 2023, and SpaceX’s development approach embraces testing to failure, which has previously led to spectacular crashes but has also driven the company’s progress.

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Sharmila Tagore, Soha Ali Khan Visits Saif in Hospital

As Saif Ali Khan’s condition remained serious, his family rushed to his side. His mother, veteran actress Sharmila Tagore, visited the hospital late at night. She was seen arriving with her daughter, Soha Ali Khan, looking somber. After spending time with Saif, Sharmila was visibly emotional and left the hospital after seeing her son in such a vulnerable state.

Sharmila then visited Kareena Kapoor and her grandchildren at Karisma Kapoor’s residence. After the traumatic incident, Kareena has temporarily moved in with her sister Karisma for the safety and comfort of her family.

Saif Ali Khan Stabbed in Early Morning Attack, Out of Danger After Surgery

Saba Pataudi Shares Heartfelt Message

The attack on Saif has left his family and fans deeply shaken, but Saif’s bravery has been a point of pride for those who know him. His sister, Saba Pataudi, broke her silence following the incident. She expressed her deep admiration for Saif’s heroism in shielding his wife and children. Despite the severity of his injuries, Saif’s quick thinking and courage prevented a worse outcome.

Saba shared a message that highlighted the strong bond of the Pataudi family, emphasizing their unity during such a difficult time. Saif’s family, friends, and fans continue to offer support as he recovers from this traumatic experience.

As Saif Ali Khan fights to recover, the family remains united, and the Bollywood industry and his followers are sending their love and prayers for his speedy recovery.

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Imran Khan Gets 14 Years, Bushra Bibi 7 Years in 190M Pound Case

Founder and Chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan Sentenced to 14 Years in 190 Million Pound Case. The decision in the 190 million pound case against Imran Khan and Bushra Bibi was announced by Judge Nasir Javed Rana at Adiala Jail.

For the ruling, Imran Khan was brought to Adiala Jail, where Bushra Bibi and PTI Chairman’s legal team, including Barrister Gohar, Shoaib Shaheen, Salman Akram Raja, and others, were also present.

The court sentenced Imran Khan to 14 years of rigorous imprisonment and imposed a fine of 1 million PKR. Bushra Bibi was sentenced to 7 years of imprisonment and fined 500,000 PKR.

In his decision, the judge stated that if Imran Khan fails to pay the fine, he will face an additional 6 months in prison. Similarly, if Bushra Bibi does not pay the fine, she will have to serve an additional 3 months in jail.

The court also ordered the Al-Qadir Trust University to be placed under government control. Following the verdict, Bushra Bibi was taken into custody from the courtroom. After announcing the verdict, Judge Nasir Javed Rana left the court.

Strict Security Measures

Strict security arrangements were made inside and outside Adiala Jail. To maintain law and order, female police officers and plainclothes personnel were deployed.

The trial of the 190 million pound reference related to the Al-Qadir Trust University against Imran Khan and Bushra Bibi was completed in one year, with over 100 hearings held during the proceedings.

The court reserved its judgment on December 18, 2024, and initially set December 23, 2024, as the date for announcing the decision. However, the verdict was not announced on that date, and subsequent dates of January 6 and January 13, 2025, were also postponed. Finally, the verdict was announced on January 17, 2025.

Allegations Against Imran Khan and Bushra Bibi

Imran Khan was accused of using his influence to have a secret agreement approved by the federal cabinet. Former Accountability Advisor Mirza Shahzad Akbar allegedly signed a confidentiality deed with the UK’s National Crime Agency (NCA) on December 6, 2019. Bushra Bibi was accused of playing a key role in the illegal activities of the PTI chairman.

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Saif Stabbed in Attack, Kareena Kapoor Issues Important Statement

Kareena Kapoor, deeply affected by the incident, took to Instagram to express her feelings. In her post, she described Thursday as an extremely difficult day for her family. She mentioned that they were still trying to come to terms with the shocking event. Kareena requested the media to respect their privacy during this challenging time. She urged everyone to avoid speculation and unnecessary coverage, emphasizing the importance of family support.

She thanked her followers for their well-wishes and expressed gratitude for the support they had received. Kareena added that as a family, they would face the incident together and remain strong. She also appreciated the understanding of her fans and supporters during this painful time.

Robbery

Bollywood actor Saif Ali Khan was injured during a robbery attempt in the early hours of Thursday. The incident occurred around 3 AM at Saif’s apartment in Bandra, Mumbai. The actor bravely resisted the robbers. During the struggle, he was attacked with a knife. Saif suffered six injuries, two of which were deep. One wound was near his spine. The attack has left his family shaken, but Saif’s life is no longer in danger.

Mumbai police officer Gedam Dixit confirmed that Saif received treatment at the hospital. Doctors have assured that he is now out of danger. The police are investigating the robbery attempt and working to apprehend the suspect. Saif’s wife, Bollywood actress Kareena Kapoor, has shared her emotions on social media following the attack.

Police Investigations and Search for Suspect

In the aftermath of the robbery attempt, Mumbai police launched an investigation into the matter. The police have released a photo of the suspect involved in the attack. They obtained the image from CCTV footage captured at Saif’s apartment building. The suspect reportedly entered the apartment and demanded one crore rupees from Saif. During the altercation, the attacker also injured the caretaker of Saif’s child.

To capture the suspect, the police have formed 10 teams. They are questioning employees and workers from the building where Saif lives. The police are working tirelessly to gather more information and locate the suspect as quickly as possible. The authorities are confident that the attacker will be apprehended soon.

The robbery attempt has caused concern among the Bollywood community. Saif Ali Khan’s fans and fellow actors have expressed their support and best wishes for his speedy recovery. The police are determined to solve the case and ensure the safety of residents in the area. The investigation is ongoing, and updates will be shared as new information becomes available.

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Who Was Imam Jafar Al-Sadiq?

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) was born on the 17th of Rabi’ al-Awwal in 80 or 83 Hijri (702-705 CE). He is regarded as one of the most influential figures in Islamic history. Imam Jafar al-Sadiq was the sixth Imam in the line of Ahle Bayt (the family of Prophet Muhammad صلی اللہ علیہ وآلہ وسلم). Known for his extraordinary knowledge and deep devotion, his legacy continues to inspire millions across the world. His contributions spanned various disciplines, including Islamic jurisprudence, philosophy, natural sciences, and spirituality.

The Noble Lineage of Imam Jafar al-Sadiq

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) was born into a family with a rich and revered heritage. His father, Imam Muhammad al-Baqir (رضی اللہ تعالٰی عنہ), was the fifth Imam of the Shi’a. His mother, Umm Farwa bint Qasim, hailed from the noble lineage of Abu Bakr al-Siddiq (رضی اللہ تعالٰی عنہ), the first Caliph of Islam.

Imam Jafar al-Sadiq’s genealogy links him directly to the Prophet Muhammad (صلى الله عليه وسلم). Through his grandfather, Imam Ali (رضی اللہ تعالٰی عنہ), the fourth Caliph of Islam, and his grandmother, Fatimah al-Zahra (رضی اللہ تعالٰی عنہ), the beloved daughter of the Prophet, his birth represents a continuation of divine guidance passed down through these great figures. Therefore, his family’s legacy became a beacon for the Muslim Ummah, preserving both spiritual and intellectual integrity during a time of political turbulence.

Imam Jafar al-Sadiq’s Contributions to Islamic Knowledge

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) was not only a spiritual leader but also a distinguished scholar, whose insights transformed the intellectual landscape of Islam. His profound knowledge spanned a wide array of subjects, including Islamic jurisprudence, theology, philosophy, and the natural sciences. Through his teachings, he helped shape the Jafari school of thought, which continues to be central to the beliefs and practices of millions of Shi’a Muslims today.

A Scholar of Islamic Jurisprudence

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) is most renowned for his mastery of Islamic law. He inherited his father’s knowledge of the Qur’an, Hadith, and Islamic jurisprudence. However, he expanded on it with deep intellectual rigor. His teachings established the foundations of the Jafari legal school, which emphasized the role of reason and independent legal reasoning (ijtihad).

Under Imam Jafar al-Sadiq’s guidance, the study of Islamic law reached new heights. He emphasized that an Imam’s role was not merely to interpret religious texts but to offer practical solutions to contemporary issues through divine principles. As a result, his emphasis on ijtihad and critical thinking shaped the practice of Islamic law for generations to come.

Contributions to Philosophy and Theology

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) also made significant contributions to Islamic philosophy and theology. His discussions on the nature of God, free will, and the relationship between the Creator and creation laid the groundwork for future theological debates. Furthermore, his deep understanding of the Qur’an and Hadith allowed him to articulate complex theological concepts in ways that were both intellectually stimulating and spiritually enriching.

He is particularly known for his teachings on the concept of Imamate. According to Imam Jafar al-Sadiq, the Imam is divinely appointed, infallible, and sinless. His theological contributions continue to influence both Shia and Sunni scholars who seek to understand the deeper meanings of Islamic belief.

Contributions to the Natural Sciences

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) was also an intellectual trailblazer in the natural sciences. He made remarkable contributions to chemistry, physics, astronomy, and medicine. Imam Jafar al-Sadiq’s ideas on chemistry were ahead of their time, advocating for scientific experimentation and observation.

He is credited with laying the early foundations of modern chemistry, particularly in the study of metals and their reactions. Additionally, Imam Jafar al-Sadiq’s interest in astronomy led to important insights into the workings of the cosmos. These insights later influenced Muslim astronomers during the Islamic Golden Age.

Imam Jafar al-Sadiq’s open-mindedness and encouragement of intellectual inquiry set him apart as a pioneering figure in both religious and scientific circles.

Role as a Teacher

One of the most remarkable aspects of Imam Jafar al-Sadiq’s (رحمۃ اللہ علیہ) life was his role as a teacher. He established a center of learning in Medina, attracting scholars and students from across the Islamic world. His educational methods were rigorous, encouraging independent thought, critical analysis, and deep reflection on Islamic teachings.

Among his most famous students were Abu Hanifa, the founder of the Hanafi school of thought, and Malik ibn Anas, the founder of the Maliki school. His teachings bridged theological understanding with practical application. Consequently, future generations of scholars could engage with Islamic teachings in a dynamic and relevant way.

Imam Jafar al-Sadiq’s Exemplary Character

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) is equally revered for his character, devotion, and humility. His life was a model of piety, worship, and self-discipline. Imam Jafar al-Sadiq lived a life dedicated to spiritual growth, and his devotion to Allah was evident in every aspect of his life.

A Life of Worship and Reflection

Imam Jafar al-Sadiq’s life was marked by deep worship and spiritual reflection. He dedicated much of his time to prayer, fasting, and contemplation. Inspired by the teachings of his forefathers, particularly his grandfather, Imam Zain al-Abidin (رحمۃ اللہ علیہ), Imam Jafar al-Sadiq cultivated a profound connection with Allah.

He often retreated to solitude for reflection, pondering the Qur’an and the lessons of the Ahlul Bayt (the family of the Prophet). His connection with Allah was further strengthened by the grief and sorrow he felt over the martyrdom of his family members in the tragedy of Karbala.

Generosity and Compassion

Imam Jafar al-Sadiq’s (رحمۃ اللہ علیہ) generosity was legendary. He was known for his compassion towards the underprivileged, the oppressed, and those in need. Despite facing challenges in his personal life, Imam Jafar al-Sadiq consistently prioritized helping others.

He frequently gave charity without seeking recognition, and his acts of kindness are remembered as a testament to his selflessness. His devotion to justice and his concern for the welfare of others served as a guiding light for his followers.

Martyrdom and Lasting Legacy

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) passed away on the 15th of Rajab in 148 AH. He was poisoned by a treacherous individual at the orders of the Abbasid Caliph al-Mansur. His martyrdom was a great loss for the Muslim Ummah. However, his legacy remains alive through his scholarly contributions, his spiritual teachings, and the countless lives he touched during his lifetime.

Imam Jafar al-Sadiq was buried in the sacred Jannat al-Baqi cemetery in Medina. He was laid to rest alongside his father, Imam Muhammad al-Baqir (رحمۃ اللہ علیہ). His resting place has become a place of pilgrimage for Muslims. There, they honor his memory and seek inspiration from his life.

Imam Jafar al-Sadiq’s Timeless Wisdom

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) left behind a rich treasure of wisdom through his sayings and teachings. His words continue to resonate with Muslims around the world, offering guidance on a variety of life’s challenges. Some of his most memorable quotes include:

“If you want a blessing that Allah has given you to last longer, express your gratitude to Him as much as you can.”
“If you experience a delay in receiving sustenance, say ‘أَسْتَغْفِرُ اللّٰهَ’ frequently.”
“Allah commanded the Earth: ‘O Earth! Assist those who worship Me and make it difficult for those who serve you.’”
“Donate to grow your wealth and fulfill Zakah to safeguard your wealth.”
“Avoid engaging in disputes and conflicts over religion, as it fills the heart and leads to hypocrisy.”
“Nothing surpasses righteousness as a provision. Silence is unmatched.”

Conclusion

Imam Jafar al-Sadiq (رحمۃ اللہ علیہ) stands as a towering figure in Islamic history. His life was an exceptional blend of knowledge, devotion, and character. Through his scholarly contributions, his commitment to justice, and his spiritual depth, he remains an inspiration for all Muslims.

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Hafiz Naeem Declares National Day of Gratitude for Israel-Hamas Ceasefire

Jamaat-e-Islami Emir Hafiz Naeem-ur-Rehman has declared January 17 as a Day of Gratitude across Pakistan, celebrating the ceasefire agreement between Israel and Hamas. This announcement comes in light of the breakthrough between the two sides after years of conflict.

Turn of Events

Hafiz Naeem-ur-Rehman pointed out that Israeli Prime Minister Netanyahu, once determined to eradicate Hamas and Gaza, has now been forced to negotiate with the same group. This shift in stance, he remarked, marks a significant change in the region’s dynamics.

Pakistan’s Mining Sector Shines at Future Minerals Forum in Riyadh

International Efforts Lead to Ceasefire

On Wednesday, in Doha, Qatar, Prime Minister Mohammed bin Abdul Rahman bin Jassim Al Thani announced that a ceasefire agreement between Israel and Hamas had been reached. He praised the combined efforts of Qatar, Egypt, and the United States in facilitating this peace agreement.

The ceasefire will officially take effect on January 19, with ongoing work to implement its various stages.

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Missing 7-year-old Sarim: Case Transferred to AVCC

Days after Sarim went missing, his father received a ransom message demanding Rs 5 lakh. Authorities have transferred the case to the Anti-Violent Crime Cell (AVCC). The police are now investigating all possible angles, including the possibility of abduction for ransom.

Investigators are working to recover CCTV footage from surrounding areas. The apartment complex where Sarim disappeared has CCTV cameras, but they were non-functional during the incident due to a power outage. This has significantly hampered the investigation.

A 7-year-old Sarim, went missing from North Karachi on January 9. His family reported that Sarim left for the madrassa with his elder brother but did not return home. The elder brother came back alone, leaving the family deeply concerned.

Sarim’s mother, in an emotional appeal, urged those responsible to return her son. She stated that both boys attended the madrassa located within their apartment complex. However, only the elder brother made it back. The family filed an FIR, fearing abduction, and the case is under active investigation.

Search Operations Intensify

The search for Sarim has entered its ninth day, with no leads so far. Police have conducted an extensive operation in the apartment complex, searching all 212 flats and checking the building’s four water tanks. Despite these efforts, Sarim remains missing.
The authorities are now relying on evidence from surrounding areas and statements from witnesses. The madrassa teacher reported that Sarim left with his elder brother after finishing his lesson, but the family disputes this claim.

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Court to Decide Today on Imran Khan and Bushra Bibi’s £190m Case

The court will announce its decision on the 190 million pounds reference involving Imran Khan, the founder of Pakistan Tehreek-e-Insaf (PTI), and his wife, Bushra Bibi, today. The decision is expected to be announced at 11:30 AM. Sources confirm that the lawyers representing Imran Khan have been informed of the timing. This marks the fourth attempt at announcing a verdict, as the decision has already been postponed three times.

Delays and Postponements

The decision on the reference, initially reserved on December 18, 2024, has faced multiple delays. The court had set December 23 for the verdict, but that date passed without a decision. Another date, January 6, was also missed, followed by January 13. Despite these setbacks, the case is now scheduled for today. This case has drawn significant attention due to its impact on the political landscape and the high-profile individuals involved.

Background of the Case

The 190 million pounds reference revolves around alleged illegal actions involving Imran Khan and his wife, Bushra Bibi. The National Accountability Bureau (NAB) arrested Imran Khan in November 2023, initiating a lengthy trial. The reference alleges that the couple engaged in corrupt practices to facilitate the transfer of the 190 million pounds to Pakistan. It is claimed that the funds were linked to a secret deal with a property tycoon, finalized using Imran Khan’s influence.

The investigation has been thorough, involving over 100 hearings. NAB presented a list of 59 witnesses, with 35 giving testimony. Key figures, such as former principal secretary Azam Khan and former Khyber Pakhtunkhwa Chief Minister Pervez Khattak, appeared as witnesses in the case. However, six individuals, including Zulfi Bukhari and Farhat Shehzadi, were declared absconders by the court.

Imran Khan’s defense team has argued that the case is politically motivated. They have repeatedly challenged the validity of the charges, although the court has proceeded with the hearings. During the trial, Imran Khan submitted a list of 16 potential witnesses, but the court rejected their testimony.

The verdict will have far-reaching consequences, not only for the PTI leadership but also for the political dynamics in Pakistan. As the court hears the final arguments, the nation waits for clarity on the outcome of this highly anticipated case.

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Pakistan’s Mining Sector Shines at Future Minerals Forum in Riyadh

The Pakistan Pavilion at the Future Minerals Forum (FMF) in Riyadh attracted widespread interest on the event’s second day. The forum, attended by over 20,000 visitors, brought together ministers, mining professionals, investors, and academics from around the world.
The Pakistan Pavilion stood out with its vibrant design and informative exhibits. Visitors praised its presentation, with one attendee commenting, “If awards were given for best-designed pavilion, the Pakistan Pavilion would surely win.” Dr. Musadik Malik, Pakistan’s Minister of Petroleum and Water Resources, visited the pavilion to review the exhibits. He commended Pakistan Petroleum Limited (PPL) for its exceptional organization and acknowledged the contributions of other participating companies.

Minister Malik Highlights Pakistan’s Mining Potential

Dr. Musadik Malik actively participated in the forum, sharing Pakistan’s vision for the mining sector. During a panel discussion, he spoke about fostering international collaboration to meet rising global mineral demand. He emphasized the importance of public-private partnerships and Pakistan’s commitment to developing its mining industry.

Pakistan’s Foreign Exchange Reserves Rise to $16.45 Billion

The minister’s speech outlined pragmatic steps to strengthen cooperation between local and international stakeholders. Investors from countries such as Turkey, China, and Chile showed keen interest in exploring Pakistan’s mining opportunities. Many sought detailed insights into investment possibilities, particularly in projects like Reko Diq.

Interactive Session Showcases Investment Climate

The Pakistan delegation hosted a 90-minute session on January 16, focusing on mining investment opportunities. Key speakers included Dr. Musadik Malik, Pakistan Petroleum Limited Managing Director Imran Abbasy, and Reko Diq Project Director. They presented an in-depth overview of Pakistan’s mining sector and the government’s strategic plans for growth.
The session highlighted the country’s abundant mineral resources, favorable policies, and opportunities for international investors. Delegates discussed the government’s efforts to create a business-friendly environment, ensuring sustainable development in the mining sector.

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PM Shehbaz Sharif Directs Swift Resolution of FBR’s Tax Cases

Prime Minister Shehbaz Sharif has directed authorities to expedite the Federal Board of Revenue’s (FBR) legal efforts to conclude under-trial tax revenue cases promptly. Chairing a review meeting on Thursday, the prime minister emphasized the need for swift action to resolve pending cases.

He instructed the hiring of reputed lawyers to represent the FBR in court effectively. The premier also warned of strict action against officials found responsible for filing weak or false cases. However, officers handling cases with merit, honesty, and diligence will be rewarded with special incentives.

Progress Report on Resolved Cases

The meeting highlighted significant progress made in recent months. From July to December 2024, 586 cases were resolved in the High Court, while 637 pending cases were cleared in the Supreme Court. This improvement followed the prime minister’s earlier directive to include reputable lawyers on the FBR’s legal panel.

DP World and NLC Launch Weekly Dubai-Karachi Feeder Service

Pending Cases and Dashboard Introduction

Despite these achievements, the meeting revealed that 33,522 cases involving a staggering Rs 4.7 trillion remain pending in various courts and tribunals nationwide. To streamline litigation processes, the FBR has developed a litigation management dashboard for higher courts. This tool aims to improve tracking and management of ongoing cases.

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DP World and NLC Launch Weekly Dubai-Karachi Feeder Service

DP World and NLC have launched a weekly feeder service between Dubai’s Jebel Ali Port and Karachi. This initiative marks a major milestone in Pakistan’s shipping and maritime trade. The service aims to enhance the movement of containers between the two cities efficiently.

The inauguration event took place at Port Qasim. Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, officially launched the service. Senior officials from DP World, NLC, and Port Qasim also attended the event.

Key Features of the Service

The feeder service promises cost-effective and time-saving container transport. Containers will move seamlessly from Jebel Ali Port to Karachi, ensuring faster delivery. This service will help traders save time and reduce logistical costs.

Sources highlight that this service will generate significant foreign exchange for Pakistan. It will facilitate transshipment and maritime trade in the region. Businesses in Pakistan will gain better access to global markets.

Arsenal Triumphs 2-1 Over Tottenham in Intense North London Derby

Support for Traders

The new feeder service aims to simplify business operations for traders. DP World emphasized its commitment to providing reliable and fast delivery. This will improve ease of doing business in Pakistan and strengthen the supply chain.

Regional Economic Impact

The service is expected to boost regional economic activities. It will promote trade efficiency and improve connectivity with global markets. Economic experts believe this will enhance Pakistan’s standing in maritime trade.

The launch of the feeder service is part of a larger vision to strengthen Pakistan’s shipping infrastructure. DP World and NLC plan to explore more opportunities for collaboration. Expansion of this service to other ports may follow in the future.

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Arsenal Triumphs 2-1 Over Tottenham in Intense North London Derby

Arsenal claimed a hard-fought 2-1 victory against Tottenham Hotspur in the Premier League at the Emirates Stadium, marking their third consecutive derby win. With goals from Leandro Trossard and a Dominic Solanke own goal, Arsenal secured the crucial three points to reduce the gap to league leaders Liverpool.

Early Struggles for Arsenal

The match began with Arsenal dominating possession, driven by the electric atmosphere created by home supporters. Tottenham, struggling for form with just one win in their previous eight matches, looked shaky. Arsenal pressed high, with Trossard coming close to breaking the deadlock, only to see his shot blocked. Despite their dominance, Arsenal failed to convert early chances.

Tottenham capitalized on a rare opportunity in the 24th minute. A Pedro Porro corner led to Son Heung-min scoring through a deflected shot, giving Spurs an unexpected lead. It marked Son’s eighth goal in a North London Derby, silencing the home crowd momentarily.

Arsenal’s Swift Comeback

The Gunners responded with determination. In the 39th minute, a corner from Declan Rice created chaos in Tottenham’s defense. Gabriel’s presence at the back post forced Solanke into an own goal, leveling the score. The Emirates erupted with joy.

Just four minutes later, Arsenal completed the turnaround. A strong challenge from Thomas Partey allowed Martin Ødegaard to release Trossard with a precise pass. The Belgian sprinted into the box and drilled a low shot past Spurs’ goalkeeper Antonín Kinsky, giving Arsenal a 2-1 lead.

Read: Premier League Thrills: Forest Frustrate Liverpool

Second-Half Domination

Arsenal controlled the game in the second half, pushing for a third goal. Kai Havertz came close on multiple occasions, heading just wide and testing Kinsky with a powerful effort. Young defender Lewis Myles-Skelly impressed in his derby debut, showcasing composure beyond his years while contributing defensively and offensively.

Despite Arsenal’s dominance, Kinsky kept Spurs in the game with crucial saves. Declan Rice and Ødegaard saw their efforts denied, while Kieran Tierney’s late pass to Ødegaard ended with a shot wide of the target.

Nervous Finish

Tottenham offered little threat throughout the second half but came close to equalizing in stoppage time. Porro’s tight-angle shot struck the post, giving Arsenal fans a late scare. However, the Gunners held firm to secure the win, extending their unbeaten league run to 11 matches.

Key Facts

Arsenal completed a Premier League double over Spurs for the fifth time, highlighting their dominance in recent derbies.
Tottenham has now lost 11 league games this season, the joint-most at this stage in their Premier League history.
Arsenal remains the most prolific team from set-pieces, with 26 corner goals since last season, four of which came against Spurs.

Looking Ahead

Arsenal now shifts focus to their upcoming fixtures, hosting Aston Villa on Saturday and Dinamo Zagreb in the Champions League next week. With momentum on their side, the Gunners aim to maintain pressure on Liverpool and continue their impressive form.