Monthly Archives: May 2024
MIAMI: Lionel Messi’s record $20.45 million annual salary from Inter Miami makes him by far the best paid player in Major League Soccer but also puts him ahead of the entire squads of 25 of the league’s clubs, according to data released by the MLS Players Association on Thursday. The players union regularly releases the […]
The US Justice Department said Wednesday it charged two brothers for stealing $25 million in cryptocurrency within approximately 12 seconds. Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, were charged with conspiracy to commit wire fraud, wire fraud and conspiracy to commit money laundering. The Justice Department claimed the defendants exploited […]
ISLAMABAD: Pakistan’s total debt and liabilities increased at a double-digit pace to a new record of nearly Rs81 trillion during the past year, as the country grapples with finding new sources of financing to meet its growing debt servicing needs due to junk credit ratings. According to the State Bank of Pakistan (SBP), Pakistan’s total […]
Chinese Ambassador Jiang Zaidong emphasised the significance of the 75th anniversary of the founding of the People’s Republic of China and outlined the nation’s strategic goals for the future. Ambassador Jiang highlighted China’s commitment to high-quality development and modernisation, as well as the country’s dedication to fostering bilateral cooperation with Pakistan. “This year marks the […]
ISLAMABAD: United Nations Secretary General Antonio Guterres is convening another conference on Afghanistan in Doha next month as part of diplomatic efforts to follow coordinated international efforts in dealing with the de facto regime of Afghanistan. This will be the third UN sponsored conference, which seeks consensus among the key stakeholders on the way forward […]
NEW YORK: Former heavyweight champion Mike Tyson, preparing for his first professional fight since 2005, warned YouTuber-turned-boxer Jake Paul on Monday that his life will be on the line during their July 20 bout. The 57-year-old Tyson, speaking at New York City’s Apollo Theater during a press conference to promote a fight against an opponent […]
DUBAI: A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which could rival the ones from big technology companies. Abu Dhabi’s Technology Innovation Institute (TII) said it was releasing the Falcon 2 series: Falcon 2 11B, a text-based model, and Falcon 2 11B VLM, a vision-to-language […]
ISLAMABAD: In a bid to bolster tax revenues and broaden the nation’s tax base, the Federal Board of Revenue (FBR) has proposed a bold new initiative targeting non-filers. Under the initiative, the FBR plans to implement a substantial increase in withholding tax, hiking it from 2.5 per cent to a staggering 90 per cent for […]
UNITED NATIONS: Pakistan has underscored the need for a permanent cyber capacity building mechanism under the UN, particularly in bridging the gap between the developing and developed countries, in an effort to promote trust and cooperation among states. “International cooperation in the area of capacity building on an equal footing is a key measure for […]
RIO DE JANEIRO: The death toll from heavy rains in Brazil’s Rio Grande do Sul state rose to 143, the local civil defence government body said on Sunday, up from 136 in the previous day, while another 125 people remain unaccounted for. On Saturday evening the government announced around 12.1 billion reais ($2.34 billion) in […]