ISLAMABAD: The country is on track for positive economic development and growth, and any attempt to manipulate the exchange rate by any segment must be strongly resisted, as it would risk undoing three years of hard-earned economic stabilisation efforts. This was stated by former caretaker minister Gohar Ejaz.
“In June, the Real Effective Exchange Rate (REER) stood at 96.61, indicating that the Pakistani rupee is currently undervalued. It is essential to maintain a market-based exchange rate to preserve macroeconomic progress.
“The country is on track for positive economic development and growth, and any attempt to manipulate the exchange rate by any segment must be strongly resisted, as it would risk undoing three years of hard-earned economic stabilisation efforts,” Ejaz stated.
He further said that the State Bank of Pakistan (SBP) must continue to maintain positive real interest rates in accordance with the International Monetary Fund (IMF) agreement and basic economic principles.
“However, the current policy rate is 11%, while full-year inflation for 2025 stands at 4.6%. Maintaining a policy rate that is 6.4 percentage points above inflation lacks sound economic justification,” he added.
Ejaz said Pakistan recorded a current account surplus of $2.1 billion in FY25 — the first in 14 years — a direct result of consistent economic policies and a stable exchange rate. The stock market reflects this renewed confidence.
Real-life husband and wife Dave Franco and Alison Brie star in this psychological creepfest about a couple who try to reboot their marriage by moving to the country. But since when was that ever a good idea in a horror movie? A supernatural encounter in the woods leads to some disturbing new twists in their relationship.
Coming on September 5
The Conjuring: Last Rites, R
It’s time to say, “So long, and thanks for all the nightmares” to Ed and Lorraine Warren, every horror hound’s favorite husband-and-wife ghost-hunting team (played, as always, by Patrick Wilson, 52, and Vera Farmiga, 51). The word is that this is the last chapter in the haunted house series. But if horror movies have taught us anything, it’s that’s nothing’s ever truly dead for good. Especially when there’s the possibility of a lucrative sequel involved.
Coming on September 12
The Long Walk, R
Another month, another Stephen King adaptation from a 1979 novel. Cooper Hoffman (son of the late, great Philip Seymour Hoffman) headlines the cast as one of many young men who are forced to participate in a contest where they must keep walking until there is only one person left. If you stop, you’re executed. Shades of The Hunger Games! We’re intrigued by the casting of Star Wars’ Mark Hamill, 73, as the heavy.
Coming on September 19
Him, R
The latest creepy provocation from Get Out’s Jordan Peele looks disturbing and intense. A college football star pushes himself to some dark extremes in his quest for greatness. How far is he willing to go to achieve his dreams? And what’s really going on with the quarterback star (Marlon Wayans, 52) who invites hopefuls to train at his remote compound? With Peele as a producer, Him is bound to have some freaky twists under its helmet.
Coming on September 26
The Strangers: Chapter 2, R
Director Renny Harlin (Cliffhanger) takes the reins again for this blood-soaked sequel that looks like pure nightmare fuel. A trio of masked bogeymen are back to finish off what was left undone from the film’s 2024 lead-in. The guy with the burlap sack over his head seems especially like someone you don’t want to find standing outside your door on a dark, rainy night in the middle of nowhere.
Coming in November
Frankenstein, R
Mary Shelley’s mad scientist and his monstrous creation get remade and reinterpreted by every generation. The latest version of this Gothic classic comes from Netflix and the macabre mind of Guillermo del Toro, 60 (The Shape of Water, Pan’s Labyrinth), so you know it will look stunning. We’re not sure how they’re going to possibly make Jacob Elordi look horrifying as the monster, but Oscar Isaac feels very, very right as the deranged doc, Victor Frankenstein. “It’s aliiiiive!”
Coming on December 25
Anaconda, not yet rated
Who can forget the 1997 original, which plopped a Mad Libs assortment of Hollywood stars (Jennifer Lopez, Ice Cube, Jon Voight) onto a rickety barge on the Amazon and then sent some really big snakes their way? Let’s hope this equally star-studded reboot (Jack Black, 55, Paul Rudd, 56, and Thandiwe Newton, 52) is as gloriously self-aware as the original. Plus, what could spell Christmas Day more than seeing Anaconda on the big screen?
The UK Supreme Court recently handed down judgement in the case of Iconix Luxembourg Holdings SARL v. Dream Pairs Europe Inc. The decision has provided important clarity on the question of whether post-sale confusion is actionable in trademark infringement claims.
The case centered on a trademark infringement claim filed by Iconix Luxembourg Holdings SARL (Iconix) based on its “double diamond” marks, used for the well-known UMBRO sports brand. Iconix alleged trademark infringement on the grounds of Section 10(2) and 10(3) of the Trade Marks Act 1994 against Dream Pairs Europe Inc. (Dream Paris) in its use of the “DP” sign. Iconix had, for an extensive period, used its earlier “double diamond” marks on sportswear, specifically football clothing and boots. Dream Paris had begun using its “DP” sign on a range of footwear, which included trainers and football boots.
The “Double Diamond” Marks
The “DP” Sign
At first instance, the claim had been dismissed on the basis the marks lacked similarity and there was no risk of confusion. On appeal, the Court of Appeal overturned the decision, conducting a fresh assessment of the similarity of the marks and likelihood of confusion. The Court of Appeal held there was a similarity between the marks in a post-sale context. This assessment considered the perspective of a consumer seeing the “DP” sign on the football boot of another person, namely from an angle and above. Dream Paris appealed to the Supreme Court.
SUPREME COURT
The Supreme Court allowed the appeal. The key issues determined by the Supreme Court were:
Post-sale circumstances: The Supreme Court considered the circumstances of post-sale confusion to be relevant. It concluded that in establishing whether the signs are similar, “realistic and representative” post-sale circumstances can be taken into account.
Absence of confusion at point of sale: Dream Paris had sought to narrow the scope of post-sale confusion, arguing that it was not relevant if the confusion did not result in damage at the point of sale or in the transactional context. The Supreme Court held that there can be a likelihood of confusion in the post-sale context, even in the absence of likelihood of confusion at the point of sale.
Role of the appellate courts: The assessment of infringement under Section 10(2) of the Trade Marks Act 1994 is a multifactorial assessment. Given this requires the application of facts to the relevant law and an evaluative decision, the Supreme Court noted that it is quite possible for reasonable minds to reach differing conclusions. Unless the lower court has acted irrationally or made an error in legal principle, the higher court should not substitute their own views for the multifactorial assessment. It was found the Court of Appeal had incorrectly substituted its own evaluation in this case.
KEY TAKEAWAYS
The Supreme Court decision has confirmed that post-sale confusion, absent any confusion at the point of sale, is actionable as trademark infringement. This principle has been questioned previously, on the basis that a trademark owner does not suffer damage if confusion is limited to the post-sale context.
The Supreme Court decision enhances protection for brand owners, confirming the scope of protection extends beyond the point of sale. It has particular relevance for “copycat” products, where confusion may only arise in their post-sale use. Consequently, it is important that post-sale use is given due consideration when clearance searches are conducted.
Finally, the judgement serves to reinforce the challenges in overcoming a multifactorial assessment at first instance. This Supreme Court decision may create reticence from the Court of Appeal in overturning High Court decisions in future likelihood of confusion claims.
NOORDWIJK, the Netherlands–European Space Agency (ESA) engineers are using a system testbed to prepare algorithms on the second generation (G2) of Galileo timing, positioning and navigation satellites, with the first launch targeted for 2027. The work is taking place in parallel with spacecraft…
Thierry Dubois
Thierry Dubois has specialized in aerospace journalism since 1997. An engineer in fluid dynamics from Toulouse-based Enseeiht, he covers the French commercial aviation, defense and space industries. His expertise extends to all things technology in Europe. Thierry is also the editor-in-chief of Aviation Week’s ShowNews.
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Diego Sanchez, the winner of the first season of “The Ultimate Fighter,” was arrested Thursday in Albuquerque, New Mexico, after allegedly firing a gun from a moving vehicle, as per TMZ. According to court documents, officers were responding to an incident on Interstate 40 when they noticed a Jeep Gladiator passing by the scene. A passenger in the vehicle, later identified as Sanchez, reportedly discharged a firearm during the drive.
Police stopped the Jeep shortly afterward. While Sanchez admitted there was a gun in the vehicle, he denied firing any shots. However, the driver, who is not facing charges, told officers that Sanchez did shoot from the car window and laughed about the incident. During a search of the vehicle, officers found three rounds on the passenger side and the firearm in the back pocket of the driver’s seat.
The 43-year-old former UFC fighter is currently in custody and faces two charges: shooting at or from a motor vehicle and negligent use of a deadly weapon. Sanchez last competed in the UFC in 2020, losing to Jake Matthews by unanimous decision, and had his final MMA bout in 2022, a unanimous decision loss to Kevin Lee.
Over his nearly 20-year career, Sanchez compiled a professional record of 31 wins and 14 losses. He fought for the UFC lightweight title once against B.J. Penn but was knocked out in the fifth round. His notable bout with Clay Guida is enshrined in the UFC Hall of Fame. This arrest marks a significant development in the life of the longtime mixed martial artist.
Finance Minister Muhammad Aurangzeb on Friday met with US Secretary of Commerce Howard Lutnick and United States Trade Representative Ambassador Jamieson Greer in an effort to strengthen trade ties, according to a statement from the finance ministry.
Pakistan and the US concluded a critical round of trade negotiations earlier this month, reaching an understanding on a deal that could shape the future of the country’s key export sectors.
While both sides reached an understanding, a formal announcement is expected only after the US concludes similar ongoing negotiations with other trade partners.
According to the finance ministry, Aurangzeb had a “productive meeting” with Lutnick and Greer in Washington DC, with both sides satisfied with progress made in enhancing trade ties.
“They (Pakistan and the US) reaffirmed their commitment to exploring opportunities to strengthen these ties in all possible areas of mutual benefit,” the statement read.
“Finance Minister Aurangzeb emphasised that the US remains Pakistan’s largest trading partner and underscored Pakistan’s interest in expanding cooperation in both traditional and non-traditional sectors, including IT and tech sector, minerals, and agriculture, to foster a mutually beneficial relationship.”
According to the finance ministry, both parties “expressed optimism” that ongoing trade talks would yield positive outcomes and economic benefits for Islamabad and Washington.
US-Pakistan relations saw a major boost when Trump hosted Chief of Army Staff Field Marshal Asim Munir at the White House last month in an unprecedented meeting.
During the meeting, Trump “lauded Pakistan’s ongoing efforts for regional peace and stability, and appreciated the robust counterterrorism cooperation between the two states”, a statement from the Inter-Services Public Relations said.
In April, the Pakistan Crypto Council partnered with World Liberty Financial, a decentralised finance platform backed by United States President Donald Trump, to advance cryptocurrency applications and boost blockchain adoption.
When twin brothers Daan and Aron Sanders first picked up rubber rackets, they were just eight years old and standing across the table from their experienced table tennis playing father. Now, after many years of hard work and intense competition, the two are holding paddles at the Rhine-Ruhr 2025 FISU World University games as fierce competitors for the Netherlands.
Table tennis was an inherited sport in the Sanders household. Aron and Daan first learned the danger of a sneaky serve when their dad sent the ball sailing across the table with a devious grin plastered on his face; now, they’re on their biggest stage yet, executing high-level serves themselves.
“It’s been a thrilling experience. It’s the first big international experience for me personally and it is quite a big venue, quite a big atmosphere that I experience. I think it’s quite nice, it’s a lot to take in but I’m enjoying it so far,” Daan shared after competing in a men’s team group stage match against Singapore.
The 22-year-old studies engineering in pursuit of a Bachelor’s of Advanced Technology at the University of Twente while his brother is working towards becoming a doctor and studying medicine at Radbound University.
“Daan and I always chose to combine sport and school, so we never really made it to the top of the Netherlands (in table tennis), so this is like a really crazy opportunity just to play against some really good players and so when they asked us to participate, we both really excitedly said yes,” Aron said.
A twin teammate and a well-loved table at home created the perfect situation for friendly competition and training. From a young age, the Sanders brothers would sharpen their moves against each other as they shaped up for more hostile competition.
“We always play together, you always have some sort of a friend that you can practice with,” Daan said. “It’s always been a teammate, a friend, and always quite a competitive atmosphere that you have with each other.”
Aron echoed the same sentiment, explaining how over the years things have gotten less competitive at home as they’ve worked together to prepare for loftier opponents.
“It’s now more that we want to see the best version of each other instead of winning like when we were younger.”
Still, the two student-athletes—and their father—enjoy many quick matches just for fun. And while the boys often finish their rallies with a tie because they’ve become so accustomed to each other’s tricks, they’ve finally found techniques to beat their dad.
The older Sanders, who once revealed tricky serves with a sly grin, now finds himself on the receiving end of taunting winks as his sons have learned to turn the table on him with unstoppable moves of their own.
Stepping into international competition
Prior to the Rhine-Ruhr 2025 FISU Games, one of Daan’s favourite sporting memories came while he navigated a competition zone, dragging a trolley full of gear beside him. As he explored the event space at the Senior Dutch Championship in Zwolle, an excited young fan looked up at him, and for the first time, he was asked for an autograph. He’d never experienced that kind of interest in his sport before.
Now, just a few years later at the Rhine-Ruhr 2025 opening ceremony, he and his brother encountered a completely new level of fan interest.
“You get goose bumps from walking the opening ceremony, to walking in rooms that are quite big, everything is really well done and professional,” Daan said.
“Your hard work for all those years pays off in such a big event. When you walk in the opening ceremony you think ‘wow, this is what I did it for,’” Aron reiterated.
Daan explained the whole Games opportunity as almost other-worldly: “It’s a dream—some sort of dream—because at first, two years ago, I didn’t think I would be competing here. So, when a half year ago we got the message from (coach) Lars (Wildenborg) that said, ‘OK guys I think you can go,’ it was a really big new goal that was met.”
After two days of competition, Daan has already played some tough matches against international opponents, but even in the losses, he is excited to face student-athletes he can learn from.
“Generally, the experience of competing against, for example the Asian guys because I haven’t played them in a long time, it’s quite a new experience. They serve differently, they move differently. It’s totally different than Europe,” Daan said.
The Netherlands’ men’s team lost their group stage team duel against Singapore on Friday, 18 July in three straight matches and have been eliminated from that event. However, Daan will return to competition for the mixed and men’s doubles and the men’s singles event, while Aron will start competing in men’s doubles and men’s singles.
The first table tennis medals of Rhine-Ruhr 2025 will be handed out on Saturday, 19 July in the women’s and men’s team events.
The Rhine-Ruhr 2025 FISU World University Games take place from 16-27 July. Watch all the competitions live on fisu.tv. Click on the link to find the full schedule.
Written by Sarah Maat, FISU Young Reporter, Canada
The Young Reporters Programme exemplifies FISU’s commitment to more than sports competitions. At every FISU World University Games, a group of talented aspiring sports journalists are chosen to cover the competition.
We warmly thank FISU Official Partner Qiaodan Ltd. which provides remarkable uniforms to FISU Family and International Technical Officials since 2015. Qiaodan is a valuable partner for FISU as it continued to provide its support during the postponement of events due to the global pandemic, and recently extended the relationship with FISU up to and including 2025.
The inaugural season of PFL Africa kicks off with a historic fight card tomorrow in Cape Town, South Africa
Johnny Eblen and Costello Van Steenis make weight for their PFL Middleweight World Championship main event, while Dakota Ditcheva and Sumiko Inaba successfully weigh-in for their Women’s Flyweight Showcase co-main event
The First Round of the PFL Africa Bantamweight and Heavyweight Tournaments set to begin
CAPE TOWN, SOUTH AFRICA (18 July, 2025) – With today’s weigh-ins in the books, the fighters are ready to make history tomorrow night in Cape Town, as the inaugural season of PFL Africa kicks off and PFL Champions Series Road to Dubai: Cape Town takes place.
In the main event of the PFL Champions Series Road to Dubai: Cape Town card, the PFL Middleweight World Championship is up for grabs, as defending champion Johnny “Pressure” Eblen (16-0) of the United States faces challenger Spain’s Costello “The Spaniard” Van Steenis (16-3). Eblen weighed in at 185.0 pounds, while Van Steenis weighed in at 184.6 pounds.
In the co-headlining bout of the night, undefeated “Dangerous” Dakota Ditcheva (14-0) of the United Kingdom takes on Sumiko “Lady Samurai” Inaba (8-1) of Hawaii in a Showcase Women’s Flyweight bout. Ditcheva weighed in at 125.4 pounds, while Inaba weighed in at 124.6 pounds.
Also on the card, former Bellator Featherweight Champion AJ “Mercenary” McKee (22-2) of the United States weighed in at 146.0 pounds, while Russia’s Akhmed Magomedov (11-1, 1NC) weighed in at 145.4 pounds for their Showcase Featherweight Bout.
Plus, the First Round action of the PFL Africa tournaments begin, as the best Bantamweights and Heavyweights in Africa look to move closer to championship gold.
See the complete weigh-in results below:
PFL Champions Series Road to Dubai: Cape Town Card: Grand Arena at GrandWest, Cape Town, South Africa SuperSport (Africa – English) | Canal+ (Africa – French) ESPN + (U.S.) | DAZN (France, UK & Ireland) Saturday, 19 July
PFL Middleweight World Championship Main Event: Johnny Eblen (185 lbs.) vs. Costello van Steenis (184.6 lbs.) Showcase Women’s Flyweight Co-Main Event: Dakota Ditcheva (125.4 lbs.) vs. Sumiko Inaba (124.6 lbs.) Showcase Featherweight Bout: AJ McKee (146 lbs.) vs. Akhmed Magomedov (145.4 lbs.) Showcase Lightweight Bout:Artur Zaynukov (155.6 lbs.) vs. Takeshi Izumi (155.2 lbs.) Showcase Heavyweight Bout:Corey Anderson (239.2 lbs.) vs. Denis Goltsov (240.8 lbs.)
2025 PFL Africa Cape Town First Round Card: Grand Arena at GrandWest, Cape Town, South Africa SuperSport (Africa – English) | Canal+ (Africa – French) PFL App (U.S.) | DAZN (France, UK & Ireland) Saturday, 19 July
Bantamweight First Round Bout: Nkosi Ndebele (135.6 lbs.) vs. Mahmoud Atef (134.4 lbs.) Heavyweight First Round Bout:Maxwell Djantou Nana (264.2 lbs.) vs. Mickael Groguhe (265.2 lbs.) Bantamweight First Round Bout: Shannon van Tonder (136.2 lbs.)* vs. Boule Godogo (135.6 lbs.) *Van Tonder missed weight and will forfeit 20% of his fight purse to Godogo Heavyweight First Round Bout: Jashell Ticha Awa (261 lbs.) vs. Justin Clarke (239.6 lbs.) Bantamweight First Round Bout: Asiashu Tshitamba (136 lbs.) vs. Karim Henniene (135.8 lbs.) Heavyweight First Round Bout:Abdoulaye Kane (264.2 lbs.) vs. Joffie Houlton (262.0 lbs.) Bantamweight First Round Bout:Simbarashe Hokonya (135.8 lbs.) vs. Frans Mlambo (135 lbs.) Heavyweight First Round Bout:Abraham Bably (254.6 lbs.) vs. Paul-Emmanuel Gnaze (251.2 lbs.) Showcase Women’s Strawweight Bout:Juliet Ukah (115.2 lbs.) vs. Ceileigh Niedermayr (115.4 lbs.)
A collaborative effort by leading Japanese institutions has led to the development of copper-based alloy (Cu-Al-Mn) with a unique “shape memory effect” at a low temperature of -200°C (−328 °F).
This development could help design technologies for the harshest environments on Earth and in space, where standard materials falter.
It can be used to build machines operating in incredibly cold environments, like deep space or in systems handling super-chilled hydrogen.
The development comes from Tohoku University, Iwate University, the Japan Aerospace Exploration Agency (JAXA), the National Astronomical Observatory of Japan, Tokyo City University, and Kyoto University.
Actuator material
The research addresses a long-standing challenge in materials science.
For a long time, researchers have been searching for alloys that can maintain this “memory” in extreme cold.
Shape memory alloys (SMAs) are materials that can be molded when cold, but will spring back to their original configuration when warmed — similar to how memory foam retains its shape.
While existing nickel-titanium (Ni-Ti) based SMAs lose this ability below -20°C, and other cryogenic-capable SMAs are impractical, this new Cu-Al-Mn alloy offers a viable solution.
“We were very happy when we saw that it worked at -170°C. Other shape memory alloys simply can’t do this,” said Toshihiro Omori from Tohoku University.
This new alloy is the first functional actuator material capable of “large work output” at these extreme temperatures.
“This study met the challenge of finding the first functional actuator material capable of large work output at temperatures below -100°C,” the researchers wrote in the press release.
“Actuators are components that turn some sort of input into mechanical energy (movement),” it added.
These are vital for everything from the Mars rover to the devices in our homes.
Shows promise in testing
To prove its potential, the team prototyped a mechanical heat switch using their new Cu-Al-Mn alloy as an actuator.
Notably, the switch functioned flawlessly at -170°C. It regulated heat by alternating between making and breaking contact as the temperature changed.
This development is a pivotal step towards creating high-performance actuators capable of functioning in cryogenic conditions—a feat previously unattainable.
It opens up exciting possibilities, such as developing mechanical heat switches for the cooling systems in space telescopes.
“The simplicity and compactness of such mechanical heat switches make them a crucial technology for future space missions,” the press release noted.
Apart from space, this innovation holds potential for advancing carbon-neutral tech, particularly in the challenging hydrogen transportation and storage fields.
In a related but different advancement, NASA is actively developing Shape Memory Alloy spring tires for its mobile robots used in planetary exploration.
These robots are designed to navigate challenging surfaces like those on Mars, where tire performance is important.
Conventional metal tires can permanently deform, while SMA tires, primarily made of nickel-titanium, can undergo deformation even under extreme stress and revert to their original shape.
Meanwhile, in another development, researchers at Saarland University in Germany used SMA to develop a new robotic gripping system.
This lightweight gripper achieves its performance by utilizing bundles of ultrafine nickel-titanium SMA wires.
The ending credits for Donkey Kong Bananza might have leaked two new characters coming to Mario Kart World. The new DK game lists two voice actors who are also listed in MKW. Could the Nintendo Kart race be getting prominent characters from Bananza?
Donkey Kong Bananza Characters To Be Added To Mario Kart World?
Screenshot: Nintendo
Despite the game only launching a few days ago, eagle-eyed players noticed that Donkey Kong Bananza features two voice actors who are also listed in Mario Kart World’s credits. However, where things get interesting is that there aren’t any characters in the kart racer currently voiced by the actors. Before we dive into this, however, I have to give a major spoiler warning for Bananza.
Spoiler Warning: The below section contains major story spoilers for ‘Donkey Kong Bananza’. Read at your own discretion!
In Donkey Kong Bananza, Yuu Hayashi voices Void Kong, and Tsuguo Mogami portrays King K. Rool. Players who beat the new DK game realized that both Hayashi and Mogami are also listed as voice actors in Mario Kart World. Since neither of them are currently in the game, this has led many players to speculate that the two Bananza villains are coming soon to MKW as future DLC characters.
Screenshot: Reddit prpro-03
The potential Mario Kart World DLC leak was first discovered over on the Mario subreddit. In a thread posted on July 18, players shared a screenshot of MKW and Bananza’s end credits side-by-side. One user reacting to the post wrote, “I checked the Mario Wiki, they voiced NOBODY in Mario Kart World…Who’s ready for the Donkey Kong World DLC?” Another commenter exclaimed: “If neither VA has an existing voice role in World, this will naturally tie into either a free update or paid DLC.”
‘DK Bananza’ Credits Might Not Mean ‘MKW’ DLC
Screenshot: Nintendo
While Hayashi and Mogami are not playing any characters in Mario Kart World, they might have done work for NPCs. In MKW, there are hundreds of smaller characters in the game’s open-world section. It’s also not uncommon for voice actors to take on background work like this.
It’s even possible that Donkey Kong Bananza characters are cut content from MKW. So while the potential credits leak is interesting, it’s far from a confirmation. Still, it’s pretty intriguing, I have to admit. I just know that voice-over work in any game is pretty complex, and they could be credited for minor roles as well.
However, the one reason I’m willing to bet this has potential to be real is that Donkey Kong representation is really lacking in Mario Kart World. For instance, DK and Pauline are the only two racers without multiple outfits in the game. I would be shocked if Young Pauline wasn’t added to the racer soon. Similarly, I wouldn’t be surprised if Donkey Kong got additional skins based on his Bananza transformations. All that said, take this with a grain of salt. You just never know with Nintendo.