Month: December 2023

Tsunami alert in Japan after 7.3 magnitude earthquake jolts Philippines

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An earthquake of at least magnitude 7.3 rocked Mindanao in the southern Philippines late Saturday, prompting evacuation and setting off warnings of tsunami for Japan. According to the Philippine Seismology Agency Phivolcs, the waves might impact the Philippines by midnight (1600 GMT) and last for many hours. According to the US Tsunami Warning System, there might be waves up to 3 metres above tide level along several Philippine shores. “Boats already at sea during this period should stay offshore in deep waters until further advised,” Phivolcs said, asking people living…

PML-N’s Abbasi says not contesting general elections

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Expressing his displeasure over the policies adopted by Pakistan Muslim League-Nawaz (PML-N), the party’s senior leader and former prime minister Shahid Khaqan Abbasi has confirmed that he would not contest the upcoming general elections, slated to be held on February 8, 2024. Abbasi had stepped down from the party office soon after the appointment of Maryam Nawaz as senior vice president and chief organiser. The senior leader, however, rejects reports claiming differences with the party leadership. Abbasi said that he had resigned as the party’s senior vice president in an…

PSL 9 Draft: ‘Iftikhar Ahmed becomes Sultan’

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In one of the “biggest trade deals” in the Pakistan Super League (PSL) history, the Quetta Gladiators traded Iftikhar Ahmed in replacement of Rilee Rossouw from the Multan Sultans for the upcoming season 9 of the cricket tournament.  The Sultans in a statement, while confirming the trade, shared that under the deal they also get the first pick in the platinum round and the first Silver category pick. “Sultans, #IftiMania aapki team mein araha hay!” said Iftikhar while referring to the moniker adopted by him. He added that he was…

Did Ivanka Trump, Jared Kushner take large loans to sponsor their luxurious life?

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Ivanka Trump and Jared Kushner took large loans to purchase expensive residences beginning a new chapter of their lives following the end of Trump’s presidency, as per newly released documents. According to documents received from sources, Donald Trump’s three eldest children, including Ivanka, began their financial journey by obtaining large loans to purchase luxurious properties.  Notably, in 2021, Ivanka, Eric Trump, and Donald Trump Jr took out mortgages totalling more than $22 million. The majority of this financial effort, however, came from Ivanka and Jared, who acquired a massive $15…

First five months of FY24: Rs736bn collected against IMF target of Rs710bn, says FBR

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ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday claimed that it had achieved a five-month target with Rs736 billion collected in November 2023, depicting a monthly growth of 38 percent. FBR Chairman Amjad Zubair Tiwana said that as per the agreed target with the International Monetary Fund (IMF), the monthly target was set at Rs710 billion but the revenue board collected Rs736 billion. In a post on X, the FBR said that it achieved five-month target with Rs736 billion collected in November 2023 despite 54 percent higher refunds than…