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Wednesday, July 16, 2025

Russia’s crypto demand on rise as it faces global sanctions

The price of Bitcoin soared over 14% on Feb. 28, the day after the US and its allies agreed to bar some major Russian banks from the international payment system SWIFT. Altcoins and the crypto market, in general, followed suit in the following days.

China plans to increase military spending by 7.1 percent in 2022

Beijing has poured billions of dollars into defence modernisation in recent years as it aims to transform its huge military into a world-class force rivalling that of the United States and other Western powers.

Pakistan concerned over lack of diplomacy in Russia-Ukraine conflict

“Pakistan is committed to the fundamental principles of the UN Charter: self-determination of peoples, non-use or threat of use of force, sovereignty and territorial integrity of States and pacific settlement of disputes,” said Ambassador Hashmi.

Fawad invites opposition to support revival of int’l cricket

Fawad asked the opposition to be a part of a national cause and join people in stadium instead of doing politics of agitation and undue criticism on the relief packages given to the masses.

Quad talks: Modi refuses to condemn Ukraine invasion

India has repeatedly urged Russia and Ukraine to cease hostilities but has stopped short of condemning the deadly invasion. Modi underlined that the Quad must remain focused on its core objective of promoting peace, stability and prosperity in the Indo-Pacific region.

China led bank suspends lending to Russia, Belarus

The bank was launched in 2016 to counter the West's dominance of the World Bank and the International Monetary Fund. Russia is also among the AIIB's founding members and holds around a six percent vote in its operations, the third-biggest after China and India.

Israel not an enemy, but a potential ally: Saudi Crown prince

The Saudi Crown Prince made some strong statements during an interview with foreign media. According to the Crown Prince, Israel and Saudi Arabia can pursue their interests together.

Europe’s largest nuclear power plant on fire as Russia-Ukraine fight intensifies

The footage shot at night showed one building aflame, and a volley of incoming shells, before a large candescent ball lit up the sky, exploding beside a car park and sending smoke billowing across the compound.

Pakistan, Uzbekistan agree to deepen strategic ties

The bilateral ties were discussed in a one-on-one meeting between PM Khan and the President of Uzbekistan Shavkat Mirziyoyev. The Uzbek president appreciated the economic, political, and cultural development Pakistan had been achieving under the leadership of Imran Khan.

Microsoft to strengthen & digitalize Sindh’s education sector

The agreement signed here yesterday is based on the Microsoft Educational Transformation Framework (ETF) under which Microsoft is committed to make the digital transformation of the educational sector more successful and organized.

China debunks reports on Chinese-Russian coordination on Ukraine

Earlier, there were reports regarding Chinese and Russian coordination ahead of Russia's attack on Ukraine. However, in a strong stance, the Chinese foreign ministry debased the claims, terming them as "fake news."

US at odds with Russia over UN’s future in Afghanistan

With the UN political mission's mandate in need of renewal by March 17, the United States underscored its "strong support" for the human rights work being carried out. However, Russia disagreed.