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The UK government will drop its plan to cut the tax rate for the highest earners, which was the least popular measure in the newly announced ‘mini-budget’, following a public backlash and market upheaval. The move was announced on Monday by Finance Minister Kwasi Kwarteng.
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Ever since Beijing launched the China-Pakistan Economic Corridor (CPEC), the repeated attacks on Chinese nationals in Pakistan’s Sindh, Balochistan, Khyber Pakhtunkhwa provinces and the Pakistan-occupied Kashmir region reveal the strong dissent of Pakistani nationals against Chinese interests.
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UN Secretary-General Antonio Guterres called on Iranian President Ebrahim Raisi not to use “disproportionate force” against protesters who took to the streets after the death of a young woman in morality police custody, his spokesman said Tuesday.
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The US has a “limited security partnership” with Pakistan and a recent $450-million sustainment package for the Pakistan Air Force’s F-16 fleet was not a message to India over its “neutrality” in the Ukraine conflict, a top US defence official said.
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India will overtake the United Kingdom to become the third largest economy by the end of the decade and thus New Delhi and London need to work together, British High Commissioner to India, Alex Ellis said on Tuesday.
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Pakistan Prime Minister Shehbaz Sharif is set to appoint a new Chief of Army Staff (COAS) in November, the country’s Defence Minister Khawaja Muhammad Asif said. According to media reports, the Pakistani prime minister is also set to visit China.
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China’s Xi Jinping, Russia’s Vladimir Putin and India’s Narendra Modi are among the world leaders in Uzbekistan for a security forum. What unites them is a distrust of the American-led world order.
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European Commission President Ursula von der Leyen proposed new legislation on Wednesday to reduce EU’s dependence on supply of critical minerals including rare earths and lithium from China, a move that will increase the cost of achieving Europe’s green targets and exacerbate its current economic woes amid the deepening energy crunch.
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Prime Minister Narendra Modi, who is set to attend the 22nd Summit of the Council of Heads of the Shanghai Cooperation Organization Member States (SCO-CoHS) on Thursday in Samarkand in Uzbekistan, will be holding bilateral meetings with other member leaders on the sidelines of the summit, said the Ministry of External Affairs.
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Queen Elizabeth II’s coffin left Buckingham Palace for the last time Wednesday as it was taken amid somber pageantry on a horse-drawn gun carriage past crowds of mourners to the Houses of Parliament, where the late monarch will lie in state for four days.
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Ukrainian President Volodymyr Zelensky on Wednesday visited the east Ukraine city of Izium, the military said, one of the largest cities recently recaptured from Russia by Kyiv’s army in a lightning counter-offensive. Ukraine has set its sights on freeing all territory occupied by invading Russian forces after driving them back in a speedy counter-offensive in the northeast.
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Ukraine’s President Volodymyr Zelensky called on the West to speed up weapons deliveries as Ukrainians move to consolidate control over the territories surrounding Kharkiv seized back from Russia. In a retaliatory move Russia struck several recaptured areas with missiles overnight.
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Armenia said Tuesday that nearly 50 of its soldiers had been killed in the worst clashes with Azerbaijan since their war two years ago, but Russia said it had convinced the historic rivals to agree to a rapid ceasefire.