Pakistan exporters squeezed as U.S. shipping costs surge
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict d...
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Lebanon says Hezbollah has agreed to a U.S.-backed proposal for a mutual halt to attacks with Israel, following discussions involving Lebanese and U.S. officials. The announcement came after a call between Lebanese President Joseph Aoun and U.S. Secretary of State Marco Rubio, during which Hezbollah’s acceptance of the proposal was confirmed. U.S. President Donald Trump said that “all shooting” between Israel and Hezbollah would end after a series of phone calls involving both sides.
Russian air strikes on major Ukrainian cities including Kyiv, Dnipro and Kharkiv killed at least nine people and injured more than 60, authorities said. The attacks targeted residential areas and infrastructure, with both sides continuing to accuse each other of strikes while denying targeting civilians. Air raid warnings sounded over much of the country early on Tuesday after Ukrainian President Volodymyr Zelenskyy had warned the previous day of a possible major assault.
Denmark’s Social Democratic leader Mette Frederiksen has agreed to form a new centre-left coalition government, securing a third consecutive term as prime minister. The deal follows months of negotiations after the March election, in which no party won a clear majority and 12 parties entered parliament. Frederiksen said she had informed the king that a government could now be formed after the lengthy talks. Although her party remained the largest in parliament, it lost its majority amid voter backlash over a the cost-of-living crisis.
The World Health Organization (WHO) has warned that the Ebola outbreak in the Democratic Republic of Congo may be larger than official figures indicate. WHO Director-General Tedros Adhanom Ghebreyesus raised the concern after visiting Kinshasa and the affected Ituri province, where the outbreak was first confirmed. He urged stronger international support and emphasised the need for community engagement and government leadership to contain the virus.
Typhoon Jangmi moved north toward Japan's southern main island of Kyushu on Tuesday, after bringing strong winds and rough weather to Okinawa, where four people were injured, according to Japanese authorities. The injuries, reported in Okinawa prefecture on Monday, were caused by falls and other weather-related incidents as the typhoon swept through the region, according to Kyodo News, citing local officials.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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