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In a key development on the maritime front, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Tuesday announced the launch of standardised bunkering operations at Karachi Port for the first time in Pakistan’s history. “The move brings Pakistan’s largest port in line with global maritime safety and operational standards, a step long viewed as essential for improving the country’s standing in the regional shipping market”, the federal minister said, read an official statement. Bunkering is the fueling of ships for propulsion and onboard use, involving the storage, transfer, and management of marine fuels like oil and gas. Proper…

Hasina, 78, has been living in India since fleeing Bangladesh in August last year after the fall of her regime. She was sentenced to death on Monday after being found guilty by a tribunal of incitement, issuing kill orders and failing to stop atrocities linked to last year’s protests in which up to 1,400 people died in clashes with security forces.The defiant Bangladeshi ex-leader said the verdicts were announced by a “rigged tribunal” which was established by an unelected government, adding she was willing to face an independent court, including the International Criminal Court in The Hague.Observers say the latest…

Fifa has lodged criminal complaints in five countries and opened its own formal investigation into the Football Association of Malaysia (FAM), after dismissing its appeal over the use of forged documents by seven foreign-born footballers representing the Southeast Asian nation.In a withering 63-page explanation of its decision, football’s governing body upheld all fines and bans imposed in September against FAM – and the seven players – describing the falsified records allowing the “heritage players” to play for Malaysia as an attack on the sport.The fraudulent ancestry documents had direct competitive impact, Fifa said, with two of the ineligible players scoring…

Finance Minister Muhammad Aurangzeb on Tuesday hosted a high-level delegation from Dialog, the global leadership platform founded by Peter Thiel and Auren Hoffman, at the Finance Division. Led by Ambassador Ali Jehangir Siddiqui, the delegation included prominent international figures from government, technology, and business sectors such as Simon Stevens (Member, UK House of Lords), Veit Valentin Dengler (Member of Parliament, Austria and Founder Draw.Solutions), Yasmin Green (CEO, Jigsaw Google), Fatima Kardar (VP, Xbox-Microsoft), Shadi Martini (CEO, MultiFaith Alliance), Evan Marwell (CEO, EducationSuperHighway), and Himanshu Gulati (Member of Parliament, Norway) amongst others, read a statement. Peter Thiel is a billionaire entrepreneur…

Chinese Vice-Premier He Lifeng and German Finance Minister Lars Klingbeil tried to find common ground after a financial dialogue in Beijing on Monday, with both officials saying the two countries should strengthen ties and support open, rules-based global trade.Klingbeil’s trip marked the first visit to China by a German minister since the new coalition government took office earlier this year and came at a delicate time for Sino-German relations, with Berlin gripped by supply chain anxieties and political division over its China policy.German Foreign Minister Johann Wadephul postponed his planned visit to China last month due to scheduling issues, after…

The Hong Kong Monetary Authority (HKMA) and the sovereign wealth fund of Saudi Arabia will launch a US$1 billion fund to help companies from Hong Kong and other cities in the Greater Bay Area expand into the Middle Eastern country, Financial Secretary Paul Chan Mo-po said on Tuesday.The move was expected to contribute to the development of non-oil economic sectors in Saudi Arabia, he said.“Next month, a major Saudi development company will be hosting a roadshow in Hong Kong to seek strategic partners and professional service providers to support their infrastructure development,” Chan added at a conference discussing Hong Kong’s…

The Economic Coordination Committee (ECC) of the Cabinet met on Tuesday at the Finance Division under the chairmanship of Finance Minister Muhammad Aurangzeb to consider a range of summaries on national security, defence, food security, and petroleum sector reforms. The ECC considered and approved a summary from the Defence Division, granting a Technical Supplementary Grant (TSG) of Rs50 billion for a range of approved projects of the Defence Services. The committee also approved a TSG of Rs100.3 million on the request of the Ministry of Interior & Narcotics Control for the maintenance and repair of defence equipment utilised by the…

MILAN (AP) — Venice has been charmed by a recent visitor: An acrobatic, wild dolphin. The feeling appears to be mutual — he so far refuses to leave — but proximity to humans has put him in danger.The dolphin nicknamed Mimmo has been delighting tourists and Venetians for months with his acrobatic flips. Experts are now eager to move him into open water, especially after verifying wounds indicating that the dolphin had been likely hit by a boat propeller.Multiple agencies used low-intensity acoustic devices to nudge Mimmo away from the heavily trafficked St. Mark’s Basin on Saturday — and it…

MILAN (AP) — Venice has been charmed by a recent visitor: An acrobatic, wild dolphin. The feeling appears to be mutual — he so far refuses to leave — but proximity to humans has put him in danger.The dolphin nicknamed Mimmo has been delighting tourists and Venetians for months with his acrobatic flips. Experts are now eager to move him into open water, especially after verifying wounds indicating that the dolphin had been likely hit by a boat propeller.Multiple agencies used low-intensity acoustic devices to nudge Mimmo away from the heavily trafficked St. Mark’s Basin on Saturday — and it…

The Canadian dollar fell against most major currencies on Monday following the release of weaker-than-expected inflation data.   Government data showed that Canada’s annual inflation rate eased to 2.2% in October, as gasoline prices declined, food inflation slowed, and mortgage-interest costs dropped below 3%, according to official figures released Monday.   The removal of the carbon tax on gasoline earlier this year continued to weigh on the annual pace of price increases in recent months. Excluding the effect of the carbon-tax repeal, the consumer price index rose 2.7% in October after 2.9% in September, according to Statistics Canada.   Analysts…