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Pakistan’s moment

THOUGH uncertainty may surround the fate of the US-Iran MoU , throughout this episode — from the start of the war on Feb 28 to the electronic signing of the document this week — Pakistan has played a crucial role in securing a diplomatic off-ramp. Other states, such as Qatar, Egypt, Turkiye etc. have also played a significant part, but it is Pakistan that has secured top billing in this geopolitical drama. This country’s efforts, both public and those behind closed doors, have helped prevent the war from metastasising into an even more brutal conflict. Nations across the world have appreciated Islamabad’s proactive diplomacy. The US president has often expressed his fondness for this country’s political and military leadership, while the Iranian president has warmly recognised Pakistan’s role in securing the MoU. The fact is that despite its limitations, Pakistan has been punching above its weight for decades, bringing together disparate powers in a bid to ease global tensions. An of...
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Govt offers 20pc returns to woo buyers

ISLAMABAD: Pakistan will offer a lucrative 18-20 per cent return, along with complete freedom for investors to buy and sell electricity in a competitive market, as it targets the privatisation of three of the most viable distribution companies (Discos) in October, November and December. “We will provide in the transaction structure terms and conditions that protect consumer interests but also ensure investor comfort. We will do it upfront as part of transaction structure, before bidding (of the first Disco), otherwise privatisation will not be possible,” Prime Minister’s Adviser on Privatisation Muhammad Ali told Dawn after a meeting of the Privatisation Commission board, which approved a restructuring plan for Faisalabad Electric Supply Company – the first of five Discos to be sold in 2026-27. Mr Ali said the Privatisation Commission had completed domestic soft marketing of three Discos of Faisalabad, Gujranwala and Islamabad in seven major cities, with chambers of commerce and in...
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BUDGET 2026-27: ‘Shocking’ climate budget cut draws warning from Sherry Rehman

• Calls for better coordination to tackle ‘climate polycrisis’ as funding drops to Rs2.48bn from Rs3.5bn • Terms monsoon preparedness ‘immediate’ priority • Questions need for proposed Climate Authority ISLAMABAD: Senate Standing Committee on Climate Change and Environmental Coordination chairperson Senator Sherry Rehman on Thursday called recent reductions in climate-related budget allocations “shocking,” warning that Pakistan is entering a period of heightened environmental vulnerability marked by worsening climate extremes. Presiding over a committee meeting, Rehman said the country is facing intensifying heatwaves, accelerated glacier melt, erratic rainfall patterns, increasing water scarcity, and deteriorating urban environmental conditions. She stressed that monsoon preparedness must remain an immediate national priority, calling for stronger institutional coordination to address what she described as a growing “climate polycrisis”. Expressing ...
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South Africa hold Czechs, keep World Cup knockout dream alive

Teboho Mokoena’s penalty kept South Africa’s dream of reaching the World Cup knockout stages for the first time alive after a 1-1 draw with the Czech Republic in Atlanta on Thursday. Michal Sadilek’s early opener had the Czechs on course for just their second World Cup win as an independent nation. But Mokoena’s late spot-kick kept both teams in the hunt for the last 32, although they will almost certainly have to win their final Group A fixture to advance. Both sides move onto one point, two behind co-hosts Mexico and South Korea, who face off later on Thursday. South Africa next face South Korea, while the Czech Republic take on the daunting task of playing Mexico in the Estadio Azteca. Both sides started with disappointing performances and defeats on the World Cup’s opening day, but the Czechs quickly set about making amends. Patrik Schick is the biggest name in a Czech side lacking the star quality of previous generations but the Bayer Leverkusen forward missed a glorious cha...
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Police, CCD admit 'mistake' in Chakwal girl shooting, assure incident will not be covered up or defended

Admitting the Crime Control Department’s (CCD) mistake in the shooting of a young girl in Chakwal earlier this month, the Punjab police and the CCD said on Thursday that the incident would neither be defended nor covered up under “any circumstances”. They also described the shooting as a case of “criminal negligence”, saying that the CCD official’s lack of training had contributed to his inability to assess the situation correctly. A nine-year-old girl, Hania, was killed and her father and brother were injured last week after officials of the CCD opened fire on their car in the Chakwal city area, mistaking it for that of robbers. Addressing a press conference on the incident on Thursday, Punjab Inspector General of Police (IGP) Abdul Karim described the incident as “deeply tragic”. He said it would be thoroughly investigated and that the negligence behind the CCD’s actions would be placed on record to ensure those responsible were brought before a court of law. Karim added that ...
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Ghana's Partey loses bid to enter Canada for World Cup

Ghana midfielder Thomas Partey, who is facing trial on rape charges in Britain, lost a court challenge on Tuesday that would have allowed him to enter Canada for his side’s World Cup opener in Toronto. Ottawa denied the Villarreal player a visa over the British charges, blocking him from playing for Ghana against Panama on Wednesday. Accra filed a request for an injunction in federal court on Tuesday seeking to set aside Ottawa’s decision. But broadcaster CBC said Judge Roger Lafreniere had dismissed the challenge. Shortly before the decision was handed down, Ghana’s veteran coach Carlos Queiroz told reporters in Toronto that his side would be ready, regardless of the court outcome. “My business is to play with the cards that I have in front of me,” Queiroz said. “When the decision comes, we are ready.” Panama head coach Thomas Christiansen, also asked about Partey’s possible exclusion, said he believed Ghana would pose strong competition even if the former Arsenal player was not...
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US official unveils 14-point Iran agreement to halt conflict and reopen Strait of Hormuz

The United States on Wednesday read out the text of the interim US-Iran agreement to halt the war in Iran and open the Strait of Hormuz, according to a Reuters report. The agreement, read to reporters by a senior US official, outlines in 14 points a high-level understanding that defers many of the most difficult issues, such as how to wind down Iran’s nuclear program, until a final deal is reached. It paves the way for a broader 60-day negotiation period due to begin in Switzerland on Friday. Here is the full document, titled “Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran”, as it was read out: 1. The United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this MOU (Memorandum of Understanding), declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military opera...
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