Day: March 6, 2025

Govt appoints Bilal Bin Saqib as chief adviser on crypto council

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LONDON/ISLAMABAD: Bilal Bin Saqib MBE has been appointed as the Chief Adviser to the Finance Minister on the (Pakistan Crypto Council) by the federal government to reaffirm Pakistan’s commitment to embracing technological advancement while ensuring sound policy measures that support the national economy, digital transformation, and a secure, transparent financial system for all. The notification issued by the Finance Ministry states: “The Ministry of Finanace has been pleased to appoint Mr Bilal Bin Saqib as Chief Adviser to the Finance Minister on Pakistan Crypto Council in Finance Division, in terms…

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Gold rates climb in Pakistan as global investors flock to safe-haven asset

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Gold prices in Pakistan rose for the second consecutive day on Tuesday, in line with investors rush to safe-haven assets in international markets, according to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The per tola (11.7 grammes) rate increased by Rs4,800 to hit Rs306,300, while 10-gramme gold climbed Rs4,115 to settle at Rs262,602. Meanwhile, 22-karat gold hit Rs240,727 per 10 grammes after gaining Rs3,772. Silver, too, joined the rally, with per tola prices increasing by Rs45 to Rs3,315, while 10-gramme rates edged up by Rs39 to Rs2,842,…

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US veterans face service risks as 80,000 VA jobs set to go

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WASHINGTON: The US Department of Veterans Affairs plans to cut more than 80,000 jobs in an effort to reduce staffing to 2019 levels, a move that has sparked outrage among veterans’ groups and Democrats, who warn it could severely impact services for former military personnel. The VA’s chief of staff, Christopher Syrek, sent a memo to senior agency officials on Tuesday, telling them the goal was to return the agency to 2019 staffing levels of just under 400,000. That would mean cutting about 82,000 staff. The memo directed agency staff…

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France offers nuclear shield for Europe as Macron sounds alarm on Russia

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PARIS: President Emmanuel Macron has raised the possibility of France offering nuclear protection to its European partners, warning that the continent must confront the growing threat from Russia. France and Britain are Europe’s only two nuclear powers. “Our nuclear deterrent protects us: it is complete, sovereign, French through and through,” Macron said in his televised speech. “But, responding to the historic call of the future German Chancellor, I have decided to open the strategic debate on the protection of our allies on the European continent through our (nuclear) deterrence,” Macron said.…

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