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Articles for tag: arrest, encampment, Latest, level, Police, proPalestinian, Protesters, UCLA

May 2, 2024

News Desk

Police level pro-Palestinian encampment at UCLA and arrest protesters

LOS ANGELES: Hundreds of helmeted police swarmed the site of a pro-Palestinian demonstration at the University of California, Los Angeles early Thursday, firing flashbangs, arresting defiant protesters and breaking up their encampment. The pre-dawn police crackdown at UCLA marked the latest flashpoint in rising tensions on US campuses, where protests over Israel’s war on Gaza have led to clashes between students and law enforcement. “I’m a student here. I’m an English student,” one student told television cameras as police dragged him away. “Please don’t let us down. Don’t let us down.” Before entering, police urged protesters with repeated announcements to

April 26, 2024

News Desk

US Supreme Court justices are leaning toward some level of immunity in the Trump case

Former US President and Republican presidential candidate Donald Trump attends a campaign event in Manchester, New Hampshire, US, April 27, 2023. — Reuters Some judges show concern about presidents who lack immunity. Trump has pleaded not guilty to this case and 3 other criminal cases. Trump is the first former US president to face criminal charges. WASHINGTON: Conservative Supreme Court justices signaled support Thursday for US presidents having some level of protection from criminal prosecution for some acts they took in office, as they faced down Donald Trump’s claim of immunity from prosecution in his impeachment attempt of his defeat

March 19, 2024

News Desk

The IMF mission is extending the stay as there is no consensus on the deal at staff level

A person uses their mobile phone in front of the IMF logo in this undated picture. — Reuters/File IMF and government at odds over retailers’ plan. FBR wants to introduce the scheme in the next budget. The FBR faces a daunting task to meet its tax collection target of Rs 9.4 trillion. ISLAMABAD: The International Monetary Fund (IMF) review mission has extended its stay in Pakistan by a day as both sides could not reach consensus on a staff-level agreement on the second review and release of the third tranche worth 1, 1 billion under the Stand By Arrangement (SBA).

March 18, 2024

News Desk

Escape the low level balance trap

KARACHI: Economic conditions, as depicted by various statistics, have started to improve as certainty in the political environment has improved in recent months, leading up to the general election in February 2024. Recent export figures, released by the Pakistan Bureau of Statistics (PBS), show an upward trend. Exports since October 2023 have crossed the $2.5 billion mark every month. That’s significant given that they’ve been hovering below that mark for several months, especially after touching nearly $3 billion in early 2022. Pakistan’s economy has faced significant challenges as its growth, imports as well as industrial production slowed down in 2022

February 17, 2024

News Desk

Weekly inflation eased 0.78% but still well above last year’s level

SPI rises 34.25% year-on-year, indicating persistent pressure on cost of living in Pakistan Workers unload sacks of onions from a truck for supply at a market in Karachi, Pakistan, February 1, 2023. — Reuters High food and energy prices drive annual inflation. The SPI is up 34.25% year-on-year due to the cost of living. The prices of 22 items including bananas are increasing. Islamabad: The Sensitive Price Index (SPI) inflation eased slightly in the week ended February 15 but remained high compared to the same period last year as food and energy prices continued to soar, official data showed on

November 21, 2023

News Desk

Pakistan bonds rise to highest level in over a year as IMF tranche looms

Bonds doubled from late May on hopes that February’s polls would provide political stability and economic certainty An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan, August 22, 2023. — Reuters Bonds rise on reports of political stability after polls. In 2036 the dollar bond earns 2.4 cents. The 2025 expiration is at its strongest level since May 22. KARACHI: Pakistan’s bonds rose to a 15-month high on hopes of more international financial support after the country secured its International Monetary Fund (IMF) tranche, The news reported on Tuesday. Optimism about the country’s economy after the tranche

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