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    Naqvi tells tycoons: Stop funding politicians

    Federal Minister Mohsin Naqvi has called for sweeping structural reforms, warning that Pakistan cannot overcome its long-standing economic and governance challenges without fundamental changes to the country’s political and administrative systems. Speaking at the First Pakistan Investment Summit in Islamabad, Naqvi said the existing governance structure has become outdated and is no longer capable of meeting the country’s growing economic needs. He cautioned that without meaningful reforms, Pakistan could still be facing the same problems a decade from now. Addressing business leaders and investors, the minister said responsibility for the current state of affairs does not rest solely with politicians. He argued that the business community also plays a significant role in sustaining the existing system by financing political campaigns. Naqvi urged business leaders to stop funding political parties during elections and instead push for greater transparency, accountability and institutional reforms. He said reducing financial dependence on wealthy donors could help strengthen democratic institutions and improve governance. The minister also stressed the need to reduce Pakistan’s reliance on foreign loans. He said the country must focus on generating domestic resources, expanding investment and building a stronger economic foundation through long-term planning. Calling for national unity, Naqvi urged political parties to set aside differences and work together on a comprehensive reform agenda. He said lasting economic stability can only be achieved through collective decision-making and institutional improvements. Other speakers at the summit also highlighted the need for major administrative reforms. They argued that changes in governance structures, including decentralisation and stronger regional administration, could improve service delivery and reduce governance challenges. Business leader S.M. Tanvir said structural weaknesses continue to slow economic progress and called for fresh leadership and institutional reforms to strengthen the country’s administrative framework. Participants also expressed concern over Pakistan’s social and economic indicators. They noted that a large segment of the population continues to live below the poverty line, while unemployment remains a major challenge, particularly among young people. Several speakers said temporary welfare measures alone cannot address the country’s long-term economic issues. They called for policies that create sustainable employment opportunities, promote merit-based recruitment and equip young people with the skills needed to participate in the economy

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    Bilawal warns of fallout over election rigging, ur…

    Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has warned that any attempt to manipulate election results would trigger serious political consequences, saying the federal government’s “countdown” would begin if the public mandate was stolen. Addressing a public gathering in Muzaffarabad, Bilawal stressed that elections must be decided through the ballot box and not through alleged interference or manipulation. He called for transparency in the electoral process and said any theft of votes should not be concealed. He said the principle of democracy demands that the candidate who receives the people’s votes should emerge victorious. Bilawal added that he wanted to see peace, justice and genuine public representation in Azad Jammu and Kashmir. The PPP chairman pledged to safeguard the rights of the people of Kashmir, saying decisions regarding the region should be made by its elected assembly. He also announced plans to convene a constitutional convention after the elections, bringing together representatives of the government, opposition, refugees, lawyers and civil society to discuss constitutional and governance reforms. Highlighting the concerns of Kashmiri refugees, Bilawal said their genuine representation must be protected. He argued that if their votes were manipulated or controlled by others, their longstanding issues would remain unresolved. He described Kashmiri refugees as an integral part of the region’s history and political movement and said Kashmir should have representation in institutions where major national decisions are made. During the address, Bilawal also extended what he described as a political olive branch to Pakistan Tehreek-e-Insaf (PTI), urging the party to abandon the politics of boycott and actively participate in the democratic process. He said PTI should contest elections, engage in parliamentary politics and work through committees instead of distancing itself from democratic institutions. Bilawal added that if the party intended to boycott every political process, it would have been better to remain outside politics altogether. Calling for broader political cooperation, the PPP chairman invited what he termed “serious politicians” from PTI and other political workers to join hands in pursuing parliamentary reforms. He said all democratic forces should work together to strengthen institutions and improve the country’s political system.

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    Death toll in Quetta coal mine blast rises to 34

    QUETTA: The death toll from a deadly coal mine explosion near Quetta has climbed to 34 after rescue teams recovered the bodies of eight more miners from the site. The incident occurred at a coal mine in the Sorange area, where dozens of workers were underground when a powerful methane gas explosion ripped through the mine. According to the Provincial Disaster Management Authority (PDMA), a total of 42 miners were trapped following the blast. Rescue teams have managed to recover 34 bodies so far, while efforts continue to locate the remaining workers. Officials said the operation is being carried out under difficult conditions, with emergency personnel working around the clock to reach those still inside the mine. The mine owner confirmed that 42 labourers were present in the mine at the time of the explosion. Preliminary findings suggest that methane gas accumulated inside the mine, triggering the deadly blast. Balochistan Chief Minister has ordered an immediate report on the incident and directed authorities to investigate the circumstances surrounding the tragedy. He warned that strict action would be taken against anyone found responsible if negligence or safety violations are established. Coal mining accidents remain a recurring concern in Balochistan, where hazardous working conditions and poor safety standards have claimed numerous lives over the years. The latest disaster has once again raised questions about the enforcement of mine safety regulations and the protection of workers in the province’s mining sector. Rescue operations are ongoing as authorities continue their search for the miners who remain unaccounted for.

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    IRGC releases satellite images of US jets in Jordan

    Iran’s Islamic Revolutionary Guard Corps (IRGC) has released satellite images that it says show hangars housing US military aircraft at Jordan’s Al Azraq air base, escalating its information battle with Washington. The IRGC also called on the United States to end what it described as censorship and urged officials to provide the public with accurate information about the ongoing conflict. The release comes after the United States rejected an Iranian claim that its forces had destroyed US F-35 fighter jets. Iranian authorities had earlier claimed that three American fighter aircraft were destroyed at the Al Azraq air base in Jordan. In a statement, the IRGC said its forces had targeted three US F-35 aircraft stationed at the base. The claim has not been independently verified, while US officials have denied that Iran destroyed any American F-35s. By publishing the satellite imagery, the IRGC appears to be seeking to support its version of events and challenge the US account of the reported attack. However, the images alone do not independently confirm whether any aircraft were damaged or destroyed. The conflicting claims come amid heightened regional tensions and an ongoing exchange of accusations between Iran and the United States over military operations and attacks in the Middle East.

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    Govt raises Petrol and Diesel prices in fresh fuel…

    ISLAMABAD: The federal government has announced a fresh revision in petroleum prices, increasing the rates of both petrol and high-speed diesel with immediate effect. According to a notification issued by the Ministry of Energy, the price of petrol has been raised by Rs1.09 per litre, taking the new rate to Rs336.15 per litre. The government has also increased the price of high-speed diesel by Rs2.42 per litre, bringing its new price to Rs393.04 per litre. The revised fuel prices came into effect immediately and will remain applicable until the next official review, subject to future adjustments based on international oil market trends and other pricing factors.

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    Four bodies recovered after Broad Peak avalanche

    The bodies of four climbers have been recovered after a deadly avalanche struck Broad Peak, the world’s 12th-highest mountain, located in Pakistan. Rescue teams are continuing an extensive search for the remaining missing climbers in difficult weather and terrain. The avalanche hit the mountain during the climbing season, leaving around 10 mountaineers missing. The victims include climbers from Nepal, Pakistan, China and the United States, highlighting the international nature of the expedition. Search and rescue teams remain on the mountain despite harsh conditions. The operation is being carried out in a challenging high-altitude environment, where steep slopes, freezing temperatures and unstable snow have made rescue efforts extremely difficult. Tourism Minister Nikk Nam Karim said every possible effort is being made to locate the missing climbers. He said rescue teams are working continuously to search the affected area and provide assistance to those involved in the incident. The minister added that the Tourism Department is supporting the rescue mission by providing logistical assistance. Authorities are coordinating with rescue teams and other relevant agencies to ensure the search operation continues without interruption. Broad Peak, which rises to more than 8,000 metres in the Karakoram mountain range, is one of Pakistan’s most challenging peaks and attracts climbers from around the world every year. However, the mountain is also known for its unpredictable weather and avalanche risks, particularly during the peak climbing season. Officials have not yet released the identities of the recovered climbers.

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    Oil slips as higher supplies ease market fears

    Global oil prices declined on Friday as increased crude shipments through key maritime routes helped calm supply concerns, despite continued geopolitical tensions in the Middle East and limited progress in diplomatic talks between the United States and Iran. Brent crude futures dropped by $1.03, or 1.2%, to trade at $88 per barrel, while US West Texas Intermediate (WTI) crude fell $1.50, or 1.8%, to $82.09 per barrel. Even with the daily decline, both international benchmarks remained on track to post monthly gains of around 20%. Market analysts said the fall in prices was mainly driven by improving oil flows through the Strait of Hormuz, one of the world’s most important energy shipping routes. The increase in exports helped offset fears that the ongoing regional conflict could lead to major supply disruptions. The Strait of Hormuz normally carries nearly one-fifth of the world’s crude oil and liquefied natural gas shipments. The route has remained under close watch since tensions escalated following the conflict involving the United States, Israel and Iran. At the same time, Saudi Arabia is working with regional partners to strengthen maritime security in strategic waterways, including the Bab el-Mandeb Strait, the Red Sea and the Gulf of Aden. These routes play a vital role in global energy transportation. According to Saudi officials, 14 countries have expressed support for the proposed multinational maritime defence initiative, aimed at improving the safety of commercial shipping in the region. Meanwhile, the security situation remains uncertain after Yemen’s Houthi movement announced a naval blockade targeting Saudi Arabia, raising fresh concerns over the safety of Red Sea shipping lanes, which serve as an alternative route for oil exports. Although oil tankers continue to pass through both the Strait of Hormuz and the Red Sea, traders say higher security risks have pushed up shipping costs and insurance premiums. These additional expenses continue to keep a geopolitical risk premium built into global oil prices.

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    US offers $15 million reward for Iran drone networ…

    WASHINGTON: The United States has announced a $15 million reward for information leading to the disruption of an alleged financial network linked to Iran’s drone programme, escalating pressure on entities accused of supporting the country’s military operations. The reward was announced by the Rewards for Justice programme run by the US State Department. According to the programme, the offer targets information about financial networks associated with Kimia Pars Sepehran Company (KIPAS), which Washington alleges is involved in producing drones for Iran’s Islamic Revolutionary Guard Corps (IRGC) Quds Force and its regional allies. In a statement posted on the social media platform X, the programme said it is seeking information on seven senior officials, their associates and the financial infrastructure that allegedly supports the company’s operations. US authorities said individuals who provide credible and actionable information may qualify not only for the financial reward but could also receive assistance with relocation if necessary. The announcement identified the individuals of interest as Hassan Aram Banizadeh, Reza Naharvani, Mehdi Naqaneh, Hadi Zavaraki, Abolfazl Meshkani, Abbas Sartaji, and Ehsan Mohaghegh. The latest reward offer is part of Washington’s broader campaign to disrupt networks it believes are involved in the financing, development and distribution of unmanned aerial vehicles used by Iran and affiliated groups across the Middle East. US officials have repeatedly accused Iran of supplying drones and military technology to allied armed groups operating in the region. Tehran, however, has consistently rejected allegations that it provides weapons in violation of international obligations, maintaining that its military activities are conducted within its national defence framework. The new announcement comes amid continued tensions between Washington and Tehran over regional security, sanctions and Iran’s military capabilities. Analysts say targeting financial facilitators has become a key element of the US strategy to weaken supply chains supporting Iran’s drone programme. The Rewards for Justice initiative has previously offered multimillion-dollar rewards for information related to terrorism, sanctions evasion and other activities considered threats to US national security. The latest offer underscores Washington’s continued focus on disrupting networks it believes contribute to Iran’s expanding drone capabilities.

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    Amir Muqam rejects Bilawal’s claims over AJK…

    Federal Minister for Kashmir Affairs Amir Muqam has strongly rejected Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari’s allegations regarding the Azad Jammu and Kashmir (AJK) elections. He urged the PPP to accept the public mandate instead of questioning the election results. Addressing a Pakistan Muslim League-Nawaz (PML-N) public gathering in the Khawra area of Muzaffarabad, Muqam said the people of Mirpur had freely voted for the PML-N. He stated that the election outcome reflected the will of the people and should be respected by all political parties. Muqam said the PPP should review the reasons behind its electoral defeat instead of making accusations of rigging. According to him, the party should reflect on why voters chose another political party rather than blaming the election process. The federal minister also pointed out that the government and administrative setup in Azad Kashmir are under the influence of the PPP. He argued that, under such circumstances, allegations of election manipulation were difficult to justify. He maintained that political leaders should avoid making baseless claims and instead respect the democratic decision of the electorate. Responding to Bilawal Bhutto Zardari’s warning directed at the federal government, Muqam said repeated threats were not appropriate in a democratic system. He remarked that the PPP should remember it is itself part of the country’s political structure and continues to hold important constitutional positions. He further said that political stability should remain a priority and warned that if one government falls, the consequences could affect the entire political system. He stressed that responsible political leadership requires dialogue and respect for democratic institutions rather than confrontational statements. The exchange of remarks follows Bilawal Bhutto Zardari’s speech in Muzaffarabad, where he warned that if the AJK elections were manipulated or the public mandate was ignored, the federal government’s “countdown” would begin. Bilawal had alleged that any attempt to undermine the election results would have political consequences and called for transparency in the electoral process. The controversy has intensified political tensions following the AJK elections, with leaders from different parties exchanging criticism over the results. Earlier, Federal Minister for Planning Ahsan Iqbal also responded to Bilawal’s allegations. He questioned why the PPP accepted election results when it formed governments elsewhere but raised allegations of rigging after losing in Azad Kashmir. Iqbal urged the PPP leadership to respect the outcome of the elections and accept the decision made by voters. He said political parties should strengthen democratic traditions by honoring the people’s mandate regardless of the results.

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    Pakistan ‘not a hard state’, says DG I…

    Lieutenant General Ahmed Sharif Chaudhry, Director General of Inter-Services Public Relations (ISPR), said on Friday that Pakistan cannot yet be described as a “hard state,” stressing that the country’s laws must apply equally to all citizens without discrimination or elitism. Speaking at a press conference focused on the security situation in Balochistan, the military spokesperson said the briefing aimed to address concerns about the province and explain the broader national security landscape. He clarified that the term “hard state” does not refer to military rule but to a system where the rule of law is upheld uniformly, every citizen is treated equally, and all issues are resolved through legal and constitutional mechanisms. The DG ISPR urged citizens to balance demands for rights with their constitutional responsibilities. Referring to Article 5 of the Constitution, he said loyalty to the state and obedience to the Constitution and the law are fundamental obligations of every Pakistani. He added that national identity should take precedence over provincial or ethnic affiliations, emphasizing that every citizen’s foremost identity should be Pakistani. Highlighting the country’s counterterrorism efforts, Lt Gen Chaudhry said security forces have conducted 40,348 intelligence-based operations (IBOs) across Pakistan so far this year, averaging around 194 operations daily, with a significant number taking place in Balochistan. According to the military spokesperson, security forces have eliminated 2,084 terrorists during 2026, averaging nearly 10 militants killed each day. He said 3,145 terrorist incidents have been recorded this year, while 819 people have lost their lives, including 303 Pakistan Army personnel, 194 members of law enforcement agencies, and 322 civilians. He also revealed that 28 suicide bombings have occurred this year, claiming that most of the attackers were Afghan nationals. He said Afghan citizens, along with individuals linked to Afghan security forces, were among those killed or arrested during counterterrorism operations. Comparing recent years, the DG ISPR said security forces killed 2,597 terrorists throughout 2025, while the total for 2026 has already reached 2,084. He noted that the effectiveness of counterterrorism operations has improved over time, with security forces now inflicting heavier losses on militant groups. Responding to questions about the increase in terrorist incidents, Lt Gen Chaudhry said militant groups affiliated with the Taliban have intensified their activities because Pakistan has adopted a firm stance against them. He added that the rise in reported incidents also reflects the growing number of proactive intelligence-based operations, which lead to more engagements between security forces and terrorists. He reaffirmed that Pakistan’s security forces remain committed to eliminating terrorism and maintaining stability across the country, particularly in Balochistan.