Category: Newsfeed
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South Korean Court Issues Arrest Warrant for President Yoon
In a historic move, a South Korean court has issued an arrest warrant for President Yoon Suk-yeol over his brief declaration of martial law. The Seoul Western District Court approved the warrant following a request by the Joint Investigation Headquarters, marking the first time authorities have sought to detain a sitting president. Yoon faces charges…
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PTI-Govt Talks: NA Speaker Summons In-Camera Meeting on Jan 2
In a bid to defuse political tensions, National Assembly Speaker Sardar Ayaz Sadiq has convened an in-camera meeting between government and PTI representatives on January 2, 2025. The meeting, to be held at Parliament House, will see PTI presenting its demands, including a judicial probe into the May 9 and November 26 incidents and the…
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Pakistan Scraps Plan for Tax on Banks’ Bumper Profits
In a surprising turn of events, Pakistan has abandoned its plan to impose a new tax on banks’ profits from government debt just days before the deadline. The proposed levy aimed to boost the economy by encouraging banks to lend more to the private sector. However, facing legal challenges and fees imposed by lenders, the…