US President Donald Trump has again issued a warning to BRICS nations about facing 100 percent tariffs if they attempt to replace the US dollar. Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November More
Microsoft is in talks to acquire TikTok, US President Donald Trump has said, suggesting a “bidding war” on the sale of the Chinese social media app. In response to a reporter’s query, the US leader confirmed the American tech giant was preparing a bid. He said several companies were eyeing TikTok. The BBC quoted Trump More
The Afghan transit trade has significantly slumped in the first five months of the current financial year, a media report said on Wednesday. From July to November 2024, the Afghan transit trade amounted to 464.6 million dollars, declining by 89% on an annual basis, The New International said. The Afghan transit trade volume was 2.23 More
The Khayber Pakhtunkhwa (KP) government has imposed two percent sales tax on commercial goods imported by Afghan businessmen in violation to the Afghanistan Pakistan Transit Agreement (APTA), according to some businessmen in eastern Nangarhar province on Sunday. They said the two percent sales tax is an addition to several other problems they have been facing More
The value of Bitcoin (BTC) has reached its highest level since its entry into the digital currency market, with the value of one unit in financial markets reaching more than $100,000, a media report said on Thursday. According to Reuters Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald More
US President-elect Donald Trump has threatened to slap 100 percent tariffs on products coming from BRICS countries if the economic block decided to create a new currency. On its social media handle x.com, Trump wrote: “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. More
Pakistan’s exports to Afghanistan have surged during the current financial year, The News International reported on Saturday, citing official sources. In September, Pakistani exports to Afghanistan jumped by 94 percent on an annual basis and by 44 percent on a monthly basis. Exports to Afghanistan in the first quarter of the current fiscal year, July More
Chinese President Xi Jinping will attend the BRICS summit to be held in Kazan next week, says the Foreign Ministry in Beijing. Foreign Ministry Spokeswoman Hua Chunying said President Xi Jinping would visit Kazan to take part in the 16th BRICS summit on October 22-24. The presidential visit comes in response to Russian leader Vladimir More
The Pak-Afghan highway has reopened after more than two months of closure, bringing a sigh of relief to travellers and businesspeople. Backed by different political parties, Kukikhel tribesmen called off their protest after the government promised the early return of over 60,000 internally displaced families to their homes in Khyber district. The agreement came More
The Sarhad Chamber of Commerce and Industry (SCCI) has called for the withdrawal of the Khyber Pakhtunkhwa government’s decision on the export cess. SCCI President Fuad Ishaq warned the levy would undermine exports from KP and badly affect international flight operations, cargo/shipping services and Pak-Afghan transit trade. During a meeting at the Chief Minister’s Secretariat More
