Few details have been released since President Trump announced his plan for a 100 percent tariff at a White House event on August 7. The US president stated that companies that build research or manufacturing facilities in the US would be exempt from the tariffs. However, he also warned that tariffs could be applied retroactively if these companies failed to follow through on their promised investments. “If, for some reason, you say you’re building, and you don’t build, then we go back, and we add it up, it accumulates, and we charge you at a later date, you have to…
Author: Raja Zahid Khanzada
President Trump has stated that European nations are prepared to send troops to strengthen Ukraine’s security, but the United States would offer support “by air.” Speaking on the Fox & Friends program, Trump said, “We’re willing to help them with things, especially, probably if you talk about by air, because there’s nobody that has the kind of stuff we have.” He added, “I don’t think it’s going to be a problem.” White House Press Secretary Karoline Leavitt later confirmed that US troops would not be part of any peace agreement between Moscow and Kyiv. Instead, Washington would assist with “coordination”…
The account’s description, “Welcome to the Golden Age of America,” appeared as the future of TikTok remains in question in the US. Despite being owned by the Chinese company ByteDance, TikTok is highly popular in the United States with an estimated 170 million users. So far, President Trump has delayed the implementation of a 2024 law that mandated TikTok either be sold to non-Chinese buyers or be banned in the US, granting three 90-day extensions. In March 2024, the US House of Representatives overwhelmingly voted 352 to 65 in favor of the “sell or ban” bill, with broad bipartisan support.…
The Trump administration has been pressuring India to stop buying Russian oil while taking little action against China. What are the reasons behind this discrepancy? Who is purchasing Russian oil and what is Trump’s plan? Last year, China imported a record 109 million tonnes of Russian oil, which constituted nearly 20% of its total energy imports, making it the largest purchaser. In contrast, India imported 88 million tonnes in 2024. China is thus considered a crucial economic lifeline for Russia, leading to accusations that Beijing is indirectly supporting Moscow’s war in Ukraine. Lawmakers from both major US political parties are…
Ahead of Prime Minister Shehbaz Sharif’s upcoming visit to China, Chinese Independent Power Producers (IPPs) have declined to waive Late Payment Surcharges (LPS) alongside outstanding dues in the government’s plan to settle the circular debt, according to a report by The News. The International Monetary Fund (IMF) has yet to endorse the procedural framework for clearing Rs1,257 billion in circular debt through a deal finalized with commercial banks, leaving the transaction pending. Officials confirmed that both the Development Finance Corporation (DFC) and the IPPs are unwilling to forgo interest payments. This creates a hurdle for the government, as further tariff…
The Economic Coordination Committee (ECC) of the cabinet has approved the uniform application of Fuel Charges Adjustment (FCA) across the country, extending this measure to K-Electric consumers as well. According to The News, the ECC decided that the National Electric Power Regulatory Authority (Nepra) will apply the same FCA rate determined for state-run power distribution companies (Discos) to K-Electric consumers to maintain a consistent national tariff. This rationalization mechanism, including the applicable period, will be followed for both Discos and K-Electric, in line with the federal government’s uniform tariff policy. The move is aimed at safeguarding the financial sustainability of…
Renowned musician David Byrne has officially announced his engagement to his much younger girlfriend, Mala Gaonkar, after nearly a decade of dating. The Talking Heads frontman revealed his new relationship status during an interview with The Times. While discussing his upcoming album, “Who Is The Sky?”, the 73-year-old artist accidentally let the news slip. “My fiancée will sometimes come at me with greasy hands, ready to smear my face,” David told the outlet. “And at one point I thought, ‘What if I wake up and really looked younger?'” He added that this experience also carries a deeper message: “About how…
Austin Butler takes on an action-heavy lead role in Darren Aronofsky’s dark comedy crime caper “Caught Stealing.” Set in New York in 1998, the Elvis actor plays Hank Thompson, a former baseball player whose promising career was cut short by tragedy. Hank appears to have his life back on track, managing a dive bar and dating a caring emergency medical technician (Zoe Kravitz). However, when his British punk rocker neighbor, Russ (Matt Smith), leaves his cat in Hank’s care while he’s away, Hank suddenly finds himself caught in the crosshairs of the city’s ruthless criminal gangs. The film features intense…
The premiere of the documentary “Ozzy Osbourne: Coming Home,” which chronicles the final years of the late singer’s life, has been abruptly postponed. The film was originally scheduled to air on BBC One on Monday, August 18. According to People Magazine, the broadcast was pulled less than a month after Ozzy Osbourne’s death on July 22 at the age of 76. The BBC has not provided a new air date or a specific reason for the last-minute change. A spokesperson for the BBC told Variety, “The film has moved in the schedules and we’ll confirm new tx details in due…
Singer-songwriter Doechii has abruptly canceled her three scheduled European festival performances without providing any explanation, leaving her fans disappointed. The 27-year-old artist was set to take the stage at Rock en Seine in France on Thursday, August 21. The festival organizer released a statement on Instagram, saying, “She’s an incredible performer and like all her fans, we were looking forward to seeing her in Paris. Due to programming changes for Thursday, August 21, those who have purchased tickets for this date will be contacted by email as soon as possible.” All Points East also confirmed on Monday that the “Alter…
