Canada has fired back at the United States by imposing tariffs on American steel imports, marking a sharp turn in the cross-border economic relationship. This move comes just days after Trump abruptly terminated trade negotiations between the two nations. The retaliatory measures signal a new chapter of trade friction that could have lasting impacts on industries and jobs across both borders. The U.S. steel market has long been a battleground in North American trade disputes, and this latest development amplifies concerns among manufacturers, unions, and economists. With Trump’s history of protectionist policies, Canada’s swift response has sent a message: Ottawa…
Author: Emran Dutt
In a bold and controversial diplomatic initiative, the Trump administration is reportedly considering a $30 billion civilian nuclear deal with Iran. The move signals a dramatic shift in strategy that could reshape U.S.-Iran relations and alter the balance of power in the Middle East. Sources close to the development suggest the proposed deal is aimed at reviving diplomatic channels with Tehran while boosting U.S. energy exports and nuclear technology reach. At a time when global powers are recalibrating their approach toward nuclear non-proliferation, this initiative has triggered widespread debate. The potential agreement has significant implications for regional stability, nuclear oversight,…
Gold prices in Pakistan have once again caught the attention of investors, jewelers, and ordinary buyers. On 28 June 2025, the precious metal continues to dominate the headlines amid global economic shifts, currency fluctuations, and inflationary concerns. In today’s economic landscape, gold serves as more than just jewelry; it acts as a hedge against uncertainty. The price movements in Pakistan reflect not only local demand and supply but also global trends in the bullion market. Understanding these changes helps people make informed decisions, whether they are planning a wedding or safeguarding wealth. For those keeping an eye on the market,…
The State Bank of Pakistan (SBP) has injected a record-breaking Rs12.37 trillion into the banking system, marking one of the largest liquidity operations in the country’s financial history. This aggressive monetary move reflects the central bank’s urgent strategy to stabilize credit flow and stimulate economic activity amidst mounting fiscal challenges. The massive liquidity boost, executed through open market operations (OMOs), aims to address tightening cash positions of banks. It also underscores SBP’s commitment to maintaining macroeconomic stability while easing liquidity strains. This development comes at a critical time when banks face increasing pressure from inflation and interest rate adjustments. With…