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Faltering tax effort
OVER the past 10 years the state’s tax effort has burdened compliant taxpayers more and more even as it has largely abandoned any attempt to broaden the tax base or bring in more taxpayers. The results are revealing when you look at the revenue numbers over the preceding decade. From 2015 till 2025, for example, direct taxes became the largest contributors to the incremental revenue effort of the state. Around one-third of all incremental revenues collected in this decade came from direct taxes....
‘We should be partners, not rivals’: Chinese President Xi Jinping opens bilateral talks
President Xi Jinping opened the bilateral talks with President Trump by emphasizing that a stable bilateral relationship benefits the world and stating, “We should be partners, not rivals.”
Pete Hegseth removes Britain from list of US allies after Keir Starmer's failure to support Iran war
US Secretary of War Pete Hegseth has chastised Britain once again for its failure to support America's offensive in Iran.In a damning written statement to Congress, Mr Hegseth said allies' refusal to join in was "unconscionable" - and warned: "We will remember."He then threatened "consequences" would follow for Nato members which "do not step up".Mr Hegseth said Nato had become "beset by free-riding" in the wake of the Cold War, and called on allies to "step up and make good on their commitments...
Prized vintage car worth up to $100K is cut in two in horror crash - as driver miraculously walks away
Prized vintage car worth up to $100K is cut in two in horror crash - as driver miraculously walks awayFord Falcon GT ripped apartPrized car split in two in crashREAD MORE: Mechanic who owns an ultra rare Ford GT finds out its twin's worthBy MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 03:55, 14 May 2026 | Updated: 03:56, 14 May 2026 e-mail View comments
IMF funds arrive as govt opens pre-budget talks
• Aurangzeb, mission discusses revenue targets, tax measures, reforms, fiscal strategy• Lender stresses need for fiscal discipline• Minister heads to China for Panda bond launch ISLAMABAD / KARACHI: Pakistan has received fresh inflows of $1.3 billion from the International Monetary Fund (IMF), which has pushed the State Bank of Pakistan’s (SBP) foreign exchange reserves above $17bn and closer to the central bank’s target of $18bn. Meanwhile, a visiting IMF mission on Wednesday began a pre-b...
Trump in Beijing
DONALD Trump’s arrival in Beijing marks the first China visit by a sitting US president in almost a decade. That alone makes the summit significant. But the timing has given it even greater weight. Originally planned for April but delayed because of the US-Israeli war on Iran, the talks now unfold under the shadow of conflict, economic strain and renewed tariff tensions, alongside growing debate over whether American global dominance is beginning to fade as China’s influence expands. Trade will...
Trump and Xi meet in Beijing for key summit, with trade, Iran and AI on table
US president says he and his Chinese counterpart have ‘known each other for a long time’ and Xi is ‘great leader’Trump in Beijing – latest updatesFive key issues for Xi-Trump summitUS president Donald Trump has met with China’s leader Xi Jinping for a momentous summit that will pack negotiations on global conflict, international trade and the future of artificial intelligence into just over 24 hours.Trump arrived at the Great Hall of the People, an imposing Mao-era building that borders the west...
Viral video shows children sitting in car boot as vehicle speeds past 100 kmph in Hyderabad
A viral video from Hyderabad's Outer Ring Road shows a family traveling at over 100 kmph with at least three children seated in the car's open boot. The dangerous act has sparked outrage online, prompting Cyberabad Traffic Police to promise necessary action as per safety regulations.
Freeing Political Prisoners Should Be A Priority At Trump-Xi Summit
BusinessPolicyFreeing Political Prisoners Should Be A Priority At Trump-Xi SummitByOlivia Enos,Contributor.Forbes contributors publish independent expert analyses and insights. I write about international human rights and national security.Follow AuthorMay 13, 2026, 10:47pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Ziba Murat, daughter of detained Uyghur doctor Gulshan Abbas, stands beside Speaker of the House Mike J...
Xi-Trump talks begin in Beijing — TV
The two leaders began their talks with discussing bilateral and international issues
Trump and Xi meet for high-stakes talks in Beijing
Trump tells Xi 'we're going to have a fantastic future together'US President Donald Trump told Chinese leader Xi Jinping on Thursday that the two superpowers would have a "fantastic future together" as the men met for talks in Beijing."It's an honor to be with you. It's an honor to be your friend, and the relationship between China and the USA is going to be better than ever before." Trump said at the meeting in the Great Hall of the People, adding that the two nations were going to "have a fant...
Australians rescued from hantavirus-riddled cruise liner will wear full PPE on the flight home
Australians rescued from hantavirus-riddled cruise liner will wear full PPE on the flight homeBy CAITLIN POWELL - NEWS REPORTER Published: 03:43, 14 May 2026 | Updated: 03:43, 14 May 2026 e-mail View comments
WNBA, NBA Board of Governors approve sale of Sun; Houston relocation set for 2027
UNCASVILLE, Conn. — Twilight is on the horizon for the Connecticut Sun.After a prolonged process, the WNBA and NBA Board of Governors approved the relocation and sale of the franchise from the Mohegan Tribe to Tilman J. Fertitta, the league announced Wednesday. The unanimous vote — which marks the final step in the transaction — solidifies that this season will be the franchise’s last in Connecticut before relocating to Houston to start the 2027 season.Advertisement
Rubio calls in question NATO’s purpose due to allies’ denial of access to their bases
Marco Rubio recalled that the US pays " two thirds of the bill"
'I told you so': Kohli proves Krunal Pandya right with century against KKR
Virat Kohli made a strong comeback with his ninth IPL century. He guided Royal Challengers Bengaluru to a six-wicket victory over Kolkata Knight Riders. Kohli scored an unbeaten 106 off 60 balls. This win strengthened RCB's position in the IPL 2026 points table. Krunal Pandya had predicted Kohli's return to form.
'Home Alone' at White House: Vance jokes as Trump visits China for key talks
Vice President J.D. Vance likened his solitary White House presence to Macaulay Culkin in "Home Alone" due to Secret Service rules preventing him from traveling with President Trump. Vance also cautioned that federal funding for state health insurance programs could be halted if they don't cooperate with the administration's fraud crackdown.
UAE 'denies reports' of secret Netanyahu visit
The United Arab Emirates said Thursday it “denies reports” that Israeli Prime Minister Benjamin Netanyahu secretly visited the country, after Netanyahu’s office said he had met with the UAE president during the war with Iran. Netanyahu’s office said on Wednesday he had “paid a secret visit to the United Arab Emirates” during the war, “where he met with UAE President Sheikh Mohammed bin Zayed Al Nahyan”. The announcement came a day after US ambassad...
Air India cancels flights to 6 European airports until September
Air India has said it will reduce its international flight schedule through August, as rising jet fuel prices and ongoing airspace restrictions make several routes difficult to operate.
Liaqat posthumously awarded for foiling suicide attack
(LEFT to right) President Asif Ali Zardari confers the Sitara-i-Shuja’at upon the mother of Liaqat Ali, a former railway employee who thwarted a suicide attack in Attock; the Hilal-i-Imtiaz upon playwright Asghar Nadeem Syed, and cricketer Shahid Afridi at an investiture ceremony held at Aiwan-i-Sadr.—X/@PresOfPakistan ISLAMABAD: Muhammad Liaqat, a railway employee who thwarted a suicide attack in Attock, was among several Pakistani nationals and foreigners who were confer...
Children greet President Trump in Beijing
Children outside of the Great Hall of the People in Beijing greet President Trump ahead of bilateral talks with Chinese President Xi.
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