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Keir Starmer escapes probe on ‘misleading parliament’

LONDON: British lawmakers voted on Tuesday against launching an inquiry into whether Prime Minister Keir Starmer misled parliament in statements about his decision to appoint Peter Mandelson as ambassador to the US. Starmer appointed Mandelson in Dec 2024, and the ex-ambassador was sacked last September when his ties to the late US sex offender Jeffrey Epstein were found to have been deeper than previously known. Police arrested Mandelson in February on suspicion of misconduct in public office, but did not charge him. The prime minister has resisted pressure to quit over the matter, saying Mandelson lied about his relationship with Epstein. Starmer also said officials had kept information from him about the vetting process that would have stopped him making the appointment. On Tuesday, lawmakers voted 335 to 223 against asking the Committee of Privileges to investigate whether Starmer had misled the House of Commons on several matters, including by saying “full due process” had b...

US spy agencies examine how Iran would react to Trump declaring victory: sources

US intelligence agencies are studying how Iran would respond if President Donald Trump were to declare a unilateral victory in the two-month-old war that ​has killed thousands and become a political liability for the White House, two US officials and a person familiar with the matter said. The intelligence community is ‌analysing the question along with others at the request of senior administration officials. The goal is to understand the implications of Trump potentially pulling back from a conflict that some officials and advisers worry could contribute to deep Republican losses at the midterm elections later this year, according to the sources. While no decision has been made, and Trump could easily ramp back up military operations, a quick de-escalation could ease political pressure on the ​president, even as it could leave behind an emboldened Iran. The sources spoke ​on the condition of anonymity in order to discuss sensitive intelligence matters. It is not clear when the in...

Energy prices expected to surge 24pc, reaching highest level since 2022 Russia-Ukraine war: World Bank assessment

ISLAMABAD: Energy prices are projected to surge by 24 per cent this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity markets, the World Bank Group said in its latest Commodity Markets Outlook. Overall, commodity prices are forecast to rise 16pc in 2026, driven by soaring energy and fertiliser prices and record-high prices for several key metals, according to the assessment.   “The shock will have serious implications for job creation and development,” the analysis indicates.   The World Bank noted: “Attacks on energy infrastructure and shipping disruptions in the Strait of Hormuz, which handles about 35pc of global seaborne crude oil trade, have triggered the largest oil supply shock on record, with an initial reduction in global oil supply of about 10 million barrels per day. “Even after moderating from their recent peak, Brent oil prices remained more than 50...

SpaceX ties Elon Musk's compensation to Mars colonisation goal

SpaceX’s board approved a compensation plan for founder Elon Musk with goals as futuristic and celestial as the company’s ambitions: colonising Mars and running data centres in outer space. The details of Musk’s sweeping pay package were revealed in the company’s confidential registration statement filed in recent weeks with the Securities and Exchange Commission and have been reviewed by Reuters . The lofty rewards dangled for Musk by SpaceX show the challenge of holding the attention of the serial entrepreneur as he prepared to take the rocket maker public. They also potentially set up SpaceX investors for tensions with shareholders of Tesla, where Musk is chief executive officer (CEO), said corporate governance experts. Connecting science-fiction visions with accounting commitments, the SpaceX board in January approved a pay package for the world’s richest man that would award 200 million in super-voting restricted shares if the company hit a market value of $7.5 trillion and est...

UK PM may face probe for ‘misleading’ parliament on Mandelson

LONDON: Britain’s parliament will vote on Tuesday on launching an inquiry into Prime Minister Keir Starmer to determine whe­­ther he misled the House of Commons over the app­o­intment of former US amb­assador Peter Mandelson. Any such inquiry could have serious implications for Starmer’s future. If the prime minister is found to have knowingly misled par­­­liament, his position would likely become untenable. House of Commons Spe­aker Lindsay Hoyle said he approved a request from opposition Conser­vative Party leader Kemi Bade­noch for a debate and vote on whether the Committee of Privileges should investigate the matter. The controversy stems from Starmer’s decision to hire Mandelson, who was fired last September after his relationship with the late US sex offender Jeffrey Epstein was found to be deeper than previously known. The incident has raised doubts about Starmer’s judgement, particularly after it was revealed a security vetting body was leaning against granting clearan...

AJK laws tweaked to facilitate refugee voting

MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) government has promulgated the AJK Elections (Amendment) Ordinance, 2026, introducing changes to the electoral law aimed at facilitating refugee voters and extending the scope of political party restrictions in line with laws applicable in Pakistan. According to the ordinance, which surfaced on Sunday, after approval by acting president Chaudhry Latif Akbar, amendments have been made to the AJK Elections Act, 2020. Under the amendment to Section 24, the post-1989 refugees from occupied Jammu and Kashmir who have shifted between refugee camps or changed their place of residence within AJK will now be entitled to enrol at their new place of residence and cast their vote accordingly. Move extends scope of party restrictions in line with laws applicable in Pakistan The ordinance also empowers the AJK Election Commission to issue necessary directions, prescribe procedures, prepare supplementary electoral rolls, and take any other steps de...

Traffic restrictions around Islamabad's Red Zone, Serena Hotel lifted: Ishaq Dar

Deputy Prime Minister and Foreign Minister Ishaq Dar said on Sunday that traffic restrictions around Islamabad’s Red Zone and Serena Hotel, which was expected to be the venue for the now cancelled US-Iran talks, had been lifted. “Traffic restrictions around the Serena Hotel and the Red Zone in Islamabad have been lifted today. I extend my heartfelt thanks to the people of Pakistan — especially the residents of Islamabad and Rawalpindi — for their patience and cooperation. “Your support enables us to ensure the safety of our guests and to continue our efforts for peace in the region. We remain committed to these goals and are grateful for, and in need of, your prayers and wishes,” Dar posted on X. The restrictions were placed on April 19, with Red Zone being closed to the public as the federal capital braced to welcome foreign delegations for expected talks between the US and Iran. Entry of heavy transport had also been suspended in Islamabad, but authorities later relaxed th...