Senate to grill Facebook over plans for Libra cryptocurrency

WASHINGTON/NEW YORK: US lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18...

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Recovery of ‘health expenses’ by Nawaz, Zardari govt approved by Cabinet

ISLAMABAD: The federal cabinet on Tuesday gave its approval to recover funds spent by Nawaz Sharif and Asif Ali Zardari’s governments under the ploy of health expenses from the national exchequer. The sources close to the development said that a report on the total expenses incurred by the Pakistan Peoples' Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) governments was presented...

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Khawja Asif laments over Nawaz still in Jail after sending back Judge Arshad Malik back

ISLAMABAD: PML-N leader Khawaja Asif on Tuesday accused the government of pursuing a "vendetta" against opposition leaders and called for "even-handed" accountability. Addressing the parliament, the PML-N leader brought up the recent video leak scandal involving accountability court judge Mohammad Arshad Malik; regretting that, "while the judge was sent back, Nawaz Sharif is still in jail". "I don't want to...

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Theme based restaurants changing Islamabad’s food landscape

ISLAMABAD: Young entrepreneurs have converted youth’s inclination of watching western TV series/seasons into an innovative business idea as the twin cities are witnessing an increase in theme-based restaurants. With detailed work on aesthetics and matching themes, the owners of these cafes make sure that visitors get the complete environment of their favourite TV shows while eating quality food with friends...

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Pakistan hopes to ‘repair’ US ties with PM Khan’s visit

ISLAMABAD: Pakistan expressed hopes Tuesday that Prime Minister Imran Khan's maiden trip to the White House later this month would help repair its acrimonious relationship with Washington as the US seeks its help in ending the war in Afghanistan. Observers believe that the nearly 18-year conflict will be the major focus of talks between Khan and President Donald Trump when...

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To curtail “Dollarisation” and inflationary pressure SBP hikes interest rate

ISLAMABAD: The State Bank of Pakistan on Tuesday has announced its monetary policy, raising the interest rate by 100 basis pointst-- to 13.5 percent. The move follows the agreement with the International Monetary Fund over a $6 billion loan package that comes with tough conditions aimed at cutting Pakistan's substantial fiscal and current account deficits and bolstering its shrinking currency...

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Maryam to hold country-wide rallies against imposition of “selected”, selective justice

LAHORE: Pakistan Muslim League (Nawaz) vice-president Maryam Nawaz on Tuesday announced to hold political rallies to launch protest against alleged selective justice for the public representatives. Insha’Allah I shall be leading protest rallies across Pak that will not only ask for justice for Nawaz Sharif but demand rule of law, freedom of expression,end to manipulation of the entire system to...

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Netflix scrubs out suicide scene from popular youth show, ’13 Reasons Why’

Netflix Inc. is removing a controversial graphic scene depicting a youth suicide from its popular young adult drama “13 Reasons Why”, following advice from medical experts, the company said on its Twitter account early on Tuesday. The show, based on a book of the same name, depicts the suicide of the protagonist in the last episode of season 1, with...

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