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Sunday, July 13, 2025

World Bank approves $723M in financial support for Ukraine

The World Bank specified that the Netherlands and Sweden were both contributing significant sums to the package, providing up to $89 million and $50 million dollars respectively.

In call with EU Council chief, PM stresses need for ceasefire in Ukraine

Discussing the latest situation in Ukraine, the Prime Minister expressed deep concern over the continued military conflict and underscored that further escalation would have hugely negative impact on the region and the world.

India’s former chief of stock exchange arrested in mystic scam

Chitra Ramkrishna -- a high-flying executive once feted as the "queen of the bourse" -- allegedly took business advice from a mystic throughout her 2013-2016 tenure at one of the world's largest derivatives exchanges.

China’s exports rose 16.3% before Russia invaded Ukraine

Shipments from the world's second-largest economy were valued at $544.7 billion in the first two months, the data from the General Administration of Customs showed. Exports to Russia rose 41 percent compared to the same period in the previous year.

Oil soars to all-time high of $140 per barrel

Brent North Sea crude oil for May delivery reached $139.13 shortly after electronic trading opened around 2300 GMT, heading towards a 2008 record high. The price per barrel of Brent oil has increased 33 percent since Russia invaded Ukraine on February 24.

Fearing Putin’s media law, TikTok suspends posting of new videos from Russia

In light of Russia's new 'fake news' law, TikTok will suspend live streaming while it reviews the safety implications of the new law. However, TikTok will continue to evaluate the evolving circumstances in Russia to determine.

Australian PM urges China to denounce Russian violence in Ukraine

Scott Morrison pressed China to shape the actions of its Russian ally and prove that Beijing is committed to global peace and the principle of sovereignty. Important to note, China has avoided direct criticism of the war and expressed sympathy for Russia's justifications.

Russia warns countries against hosting Ukraine military aircraft

Russia's Defense Ministry spokesman said if any country provides airfields for Ukraine's military aviation with subsequent use against the Russian armed forces, it "may be regarded as the involvement of these states in an armed conflict."

PM announces Rs. 500b to uplift South Punjab

The Prime Minister unveiled the mega initiatives aimed at socio-economic and infrastructural development of South Punjab while addressing a big public gathering in Mailsi city of district Vehari.

Russia recruiting Syrian combatants to fight in Ukraine?

Moscow is recruiting Syrians skilled in urban combat to fight in Ukraine. Russia has offered volunteers from the country between $200 and $300 to go to Ukraine and operate as guards for six months at a time, according to US officials quoted by the Wall Street Journal.

Russia announces temporary ceasefire in Ukraine

The Russian defence ministry said its units had opened humanitarian corridors near the cities of Mariupol and Volnovakha which were encircled by its troops, Russia's RIA news agency reported.

North Korea fires 9th ballistic missile of 2022 ahead of South’s election

Despite biting international sanctions over its nuclear weapons, Pyongyang has ignored US offers of talks since high-profile negotiations between leader Kim Jong Un and then-US president Donald Trump collapsed in 2019.