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  • Trump’s Tariffs Spark Gold Rally to Two-Week High

    The bullion metal reached its highest level in two weeks as investors flocked to the safe-haven metal


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    Quick overview

    • Gold prices surged to their highest level in two weeks as investors sought safe-haven assets amid escalating trade tensions due to new tariffs announced by President Trump.
    • Spot gold rose by 1.2 percent to $3,369 an ounce, while US gold futures increased to $3,381 per ounce.
    • The market is seeing a return of uncertainty, with the potential for a US rate cut later this month further supporting bullion prices.
    • The ongoing factors driving metal price increases suggest that positive trends may continue in the second half of the year.

    The bullion metal reached its highest level in two weeks as investors flocked to the safe-haven metal following US President Donald Trump’s latest round of tariffs that escalated the global trade war.

    Spot gold rose as much as 1.2 percent to $3,369 an ounce in the early trading hours before leveling off at about $3,350.

    US gold futures increased to $3,381 per ounce. Global stocks plummeted as Trump intensified his imposition of a 35 percent tariff on Canada and announced plans to impose 15 or 20 percent tariffs on most other trading partners. A 50% tariff on copper imports was also announced by the US President earlier this week, causing the price of the industrial metal to hit a record high.

    The market is experiencing a return of the uncertainty premium, and gold is receiving a safe-haven bid.

    The likelihood of a US rate cut later this month, as mentioned by Federal Reserve Governor Christopher Waller, is another factor supporting bullion, as it could lead to a reduced interest rate.

    The main drivers behind metals’ recent price increases remain in place, and more positive trends may develop in the second half. Notably, the potential for lower US interest rates could boost demand by lowering the opportunity cost of holding non-yielding assets like precious metals compared to short-term government bonds, especially for metal-backed ETFs.

    Olumide Adesina

    Financial Market Writer

    Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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  • What does YouTube’s latest monetisation update mean for content creators?

    What does YouTube’s latest monetisation update mean for content creators?

    YouTube has announced a new update to its monetisation policy under the YouTube Partner Programme (YPP), set to take effect from 15 July 2025. The update has sparked concern among content creators, especially those producing reaction videos, compilations and AI-assisted content. However, the platform has clarified that the changes are not sweeping overhauls, but refinements aimed at more effectively identifying and restricting inauthentic or mass-produced content.

    Focus on inauthentic content

    The primary change involves an update to YouTube’s long-standing “repetitious content” policy, which will now be renamed “inauthentic content”.

    This change is intended to better reflect the nature of problematic content that YouTube seeks to exclude from monetisation, namely, material that is repetitive, mass-produced or lacking in originality.

    YouTube clarified that this is a minor update, not a fundamental change in policy. Renee Richie, creator liaison at YouTube, addressed the concerns in a recent explainer video, stating:

    “If you’re seeing posts about a July 2025 update to the YouTube Partner Program monetisation policies and you’re concerned it’ll affect your reaction or clips or other type of channel. This is a minor update to YouTube’s long-standing YPP policies to help better identify when content is mass-produced or repetitive.”

    What content is affected?

    YouTube’s updated guidelines are focused on detecting mass-produced or AI-generated content that adds little or no original value. The platform made it clear that content already in violation of existing monetisation rules such as bulk-uploaded, formulaic videos, will now be identified and addressed more efficiently under the revised policy.

    Richie further explained, “The type of content targeted by the update is the mass-produced, repetitive material that is already ineligible for monetisation under the company’s YouTube Partner Program (YPP).”

    This includes content that is heavily reliant on existing clips, automated text-to-speech narration, or AI-generated visuals, especially if those elements are not significantly transformed or contextualised by the creator.

    For example, tutorials and vlogs that reuse large amounts of pre-existing footage without meaningful narration or commentary may be at risk of demonetisation.

    Reaction videos and compilations still eligible

    Following backlash and confusion among creators, YouTube was quick to reassure that not all reused content will be disqualified. Channels producing reaction videos, compilations, or commentary-based material can still qualify for monetisation, provided they offer genuine, original contributions to the reused footage.

    This means that while reused content is not banned outright, creators must ensure they are adding value, such as through original insights, analysis, or creative editing.

    AI-generated content under scrutiny

    A significant implication of the update is the increased scrutiny of AI-generated content. Channels that rely heavily on AI tools to produce videos with minimal human input may find themselves ineligible for monetisation. YouTube is focusing on improving its ability to detect such content, especially when it lacks original commentary or context.

    No change to reused content policy

    YouTube has confirmed that there are no changes to its “reused content” policy, which continues to allow for the monetisation of clips, commentary, compilations and reaction videos, so long as creators add original and meaningful value. The revised guidelines are meant to clarify, not replace, existing standards.

    Core eligibility requirements remain unchanged

    Despite the policy clarification, YouTube’s core thresholds for monetisation under the YPP remain the same. To qualify, a channel must have at least 1,000 subscribers and either 4,000 valid public watch hours over the past 12 months or 10 million valid Shorts views within the past 90 days.

    This ensures that creators meet a baseline level of engagement before earning ad revenue.

    What creators should do

    For content creators aiming to join or stay within the YouTube Partner Programme, the guidance remains consistent: focus on producing original, authentic content. Reaction videos, educational commentaries, and creative compilations can remain monetisable if they involve thoughtful curation, analysis, or transformation of source material.

    Channels should avoid uploading content that appears automated, repetitive or low-effort, especially if it lacks any clear personal input. This includes content created entirely using AI or other automated tools without human editing or commentary.

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  • Geologists Decode Earth’s 4.4-Billion-Year-Old “Missing” Crust – SciTechDaily

    1. Geologists Decode Earth’s 4.4-Billion-Year-Old “Missing” Crust  SciTechDaily
    2. Scientists unlock secrets of oldest rocks on Earth at Canada’s Nuvvuagittuq Greenstone Belt  The Independent
    3. A Part of Earth’s Original Crust Still Exists—and It’s Buried in Canada  Popular Mechanics
    4. New study confirms 4.16 billion-year-old rocks in Canada as Earth’s oldest  The Brighter Side of News
    5. These Canadian rocks may be the oldest on Earth  keysnews.com

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  • PPP, JUI-F huddle to discuss seat adjustments in Senate ahead of polls

    PPP, JUI-F huddle to discuss seat adjustments in Senate ahead of polls

    The image shows meeting between a PPP delegation led by KP Governor Faisal Karim Kundi meeting JUI-F chief Fazlur Rehman at his residence in Islamabad on July 11, 2025. — Facebook@FaisalKarimKundi
    • Kundi highlights efforts to build consensus among opposition.
    • Governor says move aims at ensuring securing of more seats.
    • Senate elections to take place on July 21 at KP Assembly building.

    ISLAMABAD: As political parties gear up for the upcoming Senate polls in Khyber Pakhtunkhwa, the Pakistan Peoples Party (PPP) and Jamiat Ulema-e-Islam-Fazl (JUI-F) have held consultations for seat adjustments between the two parties ahead of the July 21 polls, The News reported on Saturday.

    The talks came as PPP delegation led by KP Governor Faisal Karim Kundi met JUI-F chief Fazlur Rehman at his residence. The meeting was also attended by Syed Khursheed Shah and Zahir Shah from the PPP’s side, whereas JUI-F was represented by Akram Khan Durrani, Maulana Lutfur Rehman, Maulana Asad Mahmood, Zahid Durrani and Asjad Mahmood.

    “The meeting held consultations with regard to the Senate elections in KP Assembly,” said a brief statement issued by the JUI-F spokesman

    Speaking to the media after the meeting, Kundi said dialogue was a part of the ongoing efforts to build a consensus among the opposition parties to secure more seats in the Senate elections.

    The governor emphasised that during the PPP government, steps were taken to curb horse-trading in the Senate elections, adding that political alliances form and dissolve frequently, citing past interactions between the Pakistan Tehreek-e-Insaf (PTI) and Maulana Fazl as an example of shifting loyalties.

    The PPP-JUI-F meeting comes as Senate elections will be held for seven general seats, two seats reserved for women, and two seats for technocrats including Ulema on July 21.

    The polling will take place at the provincial assembly building in Peshawar from 9am to 4pm.

    In March 2024, the ECP declared in response to the applications of five women MPAs-elect of the opposition parties in the province that if the speaker of the provincial assembly fails to comply with the directions of the high court to administer oaths to the lawmakers elected to reserved seats, it would be compelled to postpone the Senate elections in the province.

    As a result, on April 2, 2024 — when Senate polls were held in other provinces and Islamabad — the ECP officially postponed the Senate elections in KP until the oath-taking of the MPAs-elect on reserved seats.

    Senate elections were held on April 2, 2024, wherein the ruling coalition clinched 19 seats in the upper house. The PPP took the lead with 11 seats, while Pakistan Muslim League-Nawaz (PML-N) clinched six seats. The Muttahida Qaumi Movement Pakistan (MQM-P) and an independent candidate Faisal Vawda secured one seat each.


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  • Israel turning Gaza into ‘graveyard of children and starving’: UNRWA

    Israel turning Gaza into ‘graveyard of children and starving’: UNRWA

    Israel is engineering a “cruel and Machiavellian scheme to kill” in Gaza, the head of the United Nations agency for Palestinian refugees says, as the world body reports that since May, some 800 Palestinians have been killed while seeking aid.

    “Under our watch, Gaza has become the graveyard of children [and] starving people,” UNRWA chief Philippe Lazzarini said in a post on X on Friday.

    People in Gaza have “no way out”, he said. “Their choice is between 2 deaths: starvation or being [shot] at.”

    Lazzarini was reacting to the Israeli military’s killing of 15 people, including nine children and four women, as they waited in line for nutritional supplements in the city of Deir el-Balah in central Gaza on Thursday.

    His comments came on another bloody day in the Strip, with medical sources reporting that 45 people had been killed – 11 of them near a GHF-run aid centre in Rafah.

    The controversial US- and Israel-backed GHF has effectively sidelined Gaza’s vast UN-led aid delivery network since it started operations in May, after Israel eased a more than two-month total blockade on the Strip.

    Since then, 819 Palestinians have been killed while waiting for food, the spokesperson for UN Secretary-General Antonio Guterres said on Friday. He said 634 were killed in the vicinity of GHF sites – of which there are four for the entire enclave – and 185 were killed close to other humanitarian aid convoys, including some run by the UN.

    Earlier in the day, Ravina Shamdasani, spokesperson for the UN human rights office, said between May and July 7, the UN had recorded 798 killings near aid points in Gaza.

    Israeli soldiers and US contractors working with GHF have admitted to shooting unarmed Palestinians gathering for food, according to separate recent reports by Israeli outlet Haaretz and The Associated Press news agency.


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  • ‘I’m doing sexy body rolls, but I’m wearing lobster claws’ – The Irish Times

    ‘I’m doing sexy body rolls, but I’m wearing lobster claws’ – The Irish Times

    Rhian Teasdale has always sung like a rock star, and now she looks like one too, her hair dyed a shocking strawberry pink, and jewels on her nails and teeth.

    “This is something we’ve always played with,” says Wet Leg’s Grammy-winning frontwoman, citing the band’s 2022 single Wet Dream, the promotional film for which features Teasdale and Hester Chambers, her bandmate, looking like glamorous lobsters. “It’s a very tongue-in-cheek sexual-innuendo song. In the video I’m doing, like, these sexy body rolls, but I’m wearing lobster claws.”

    Wet Dream was part of a blitz of releases that, over the space of a few months, propelled Wet Leg from alternative-playlist fodder to award-bagging stars – Rolling Stone called their eponymous debut album “the relentlessly catchy post-punk record” the world had been waiting for.

    Three years later they’re back with a scintillating second LP, Moisturizer, looking very different but still making the same thrilling deadpan post-punk.

    What’s changed is that Teasdale is flexing her rock-star muscles, both figuratively and literally. She has the gym-honed physique of someone who could hold her own in an MMA ring – but the real muscle has gone into the way the band present themselves.

    First time around, she and Chambers were overwhelmed twentysomethings from the Isle of Wight, in southern England, still working day jobs and not sure how to negotiate the overnight fame that came their way when their single Chaise Longue went viral – leading Harry Styles to invite the pair to tour as his opening act, Dave Grohl to make a cameo appearance with them at Coachella and Barack Obama to put one of their songs on his summer playlist.

    Now they feel fully in control. Moisturizer is the work of artists calling the shots and confident in the way they present themselves – musically, sartorially and philosophically.

    Wet Leg: Triumphant debut of frosty insoucianceOpens in new window ]

    “When we made the first album we took time off work,” says Teasdale, who is 32. In those early days she was still earning a living as a film stylist’s assistant. (Her credits include an Ed Sheeran video.)

    “I was working on set, on commercials, and as a wardrobe assistant. I wanted to blend right into the background. It’s such a male-dominated space in the film industry. My life, outside of school, up until that point when we started Wet Leg, is just … you have no time for self-expression. You have no money.”

    Moisturizer is one of those great second LPs that land like bigger, brighter, more confident versions of the music that made the artists so beloved the first time around.

    The point is underscored by the romping Pixies-meets-Motörhead single CPR and the student-disco blitzkrieg Catch These Fists, which features pummelling riffs and lyrics to match (“I don’t want your love/ I just want to fight”).

    The latter is about dealing with unwanted male attention, its key line being “Don’t approach me, I just want to dance with my friends”. But Moisturizer is also threaded through with the same subversive humour that prompted Teasdale to dress like a “sexy lobster” in the Wet Dream video while delivering lines such as, “you climb on to the bonnet and you’re licking the windscreen/ I’ve never seen anything so obscene.”

    That vibe is epitomised by the cover of Moisturizer, an unsettling photograph of Teasdale with a hideous AI-generated smile as Chambers, her back to the camera, flexes monster claws.

    The image is disconcerting in the conflicting emotions it evokes. Teasdale radiates rock-star mystique while looking like something that has crawled from your worst nightmare. She enjoys the duality, the “sugary sweetness of the cover, having it juxtaposed with this creepy AI smile and the long fingernails” – and you have to regard the artwork in the context of things she’s said about being objectified as a woman in the spotlight, including the creepy middle-aged men who spend entire Wet Leg gigs filming on their phones.

    Moisturizer: the cover photograph of Hester Chambers and Rhian Teasdale

    The photograph’s “kind of sexy, disgusting” combination fits in with Wet Leg’s long enjoyment of unsettling their audience. In the Chaise Longue video, Teasdale and Chambers dress like characters from a folk horror movie; Chambers’s features are concealed behind a giant wicker hat, so there’s a real chill when she delivers the song’s whispered refrain of “What?” Similarly, performing at the Brit Awards in 2023, they were accompanied by Morris dancers from the Isle of Wight.

    “One of the fun things about being in a band is your opportunity to create a world around the music,” Teasdale says. “When you watch a film and you like the soundtrack it gives you so much.

    “I just watched 28 Years Later” – Danny Boyle’s zombie-themed folk horror. “The soundtrack to that film, it’s everything for me. The opportunity to serve up your music with imagery is such an important part of it. It can completely change the way that you hear something.”

    Wet Leg: Rhian Teasdale. Photograph: Meghan Marin/New York Times
    Wet Leg: Rhian Teasdale. Photograph: Meghan Marin/New York Times

    They recorded the new album with Dan Carey, the Fontaines DC producer. As with the Dublin group, Wet Leg weren’t overawed by the challenge of following up an acclaimed debut. Teasdale’s philosophy is that it’s better to crack on than obsess about making a perfect second LP.

    “Sometimes your best ideas are the first ideas,” she says. In the studio, accordingly, they made an effort not to second-guess themselves. “You can censor yourself out of something that’s a bit weird and that’s the magic secret sauce. There can be a lot of pressure if you overthink it. We were, like, ‘Let’s rip the Band-Aid off.’ We managed to keep it fun. But in a way of, ‘Let’s keep the pace up.’”

    Teasdale and Chambers, who met studying music, had been in and out of bands through their early 20s. They decided to start Wet Leg for a lark while sitting on a Ferris wheel – and were soon conquering indiedom one chunky riff at a time.

    They initially presented themselves as a duo, with their backing band comprising a trio of shaggy indie boys for hire (Joshua Mobaraki on guitar, Ellis Durand on bass and Henry Holmes on drums). Second time around, those background musicians are now fully signed-up band members.

    Chambers has made a conscious decision to retreat into the background, the better to navigate her social anxiety.

    “Starting the band together … that will always be a very important part of our story,” Teasdale says. “When we signed with Domino we signed as the two of us, and we went on tour, and we took our friends with us. Experiencing all the things that we have together, we have naturally developed into a five-piece.

    “We’ve learned things along the way of what we do and don’t like doing and what comes with being in a band – which, of course, we had no real understanding of.”

    Chambers’s decision to step back was a result of their experiences as musicians in the spotlight, according to Teasdale.

    “We had no idea this thing was going to snowball in the way that it did. We started the band because we wanted to play some shows together and write music together.

    “You don’t think about all the other things that go along with it, like an online presence and people being able to comment and pick you apart, and all of the promo that goes along with it – having to speak about your music and dissect why you’ve done this or why you’ve done that.”

    Wet Leg: Henry Holmes, Joshua Mobaraki, Rhian Teasdale, Ellis Durand and Hester Chambers. Photograph: Alice Backham
    Wet Leg: Henry Holmes, Joshua Mobaraki, Rhian Teasdale, Ellis Durand and Hester Chambers. Photograph: Alice Backham

    For all the ferocity of the music, a seam of sweetness runs through tracks such as Davina McCall, with its chorus of “Days end too soon/ When I’m with you”. That’s a reflection of where Teasdale is in her personal life and her relationship with her nonbinary significant other.

    “I’m someone who wears their heart on their sleeve quite a lot, for better or for worse,” she says. “I am very, very in love. I’m obsessed with my partner.”

    Teasdale is chatty and pleasant, but a slight chill descends when she’s asked if she has any regrets about writing Ur Mum, a scorched-earth number from their first album that carpet-bombed a former romantic partner with its unsparing lyrics – “When I think about what you’ve become/ I feel sorry for your mum.”

    The song is believed to be about Teasdale’s ex-boyfriend – and former Wet Leg member – Doug Richards, who has said that the tune hurt his feelings, largely because his mother had died shortly before he and Teasdale began their relationship. “I realise she wrote these lyrics during the heat of a break-up, but she could have come and told me about it after, given me a heads-up at least,” he told the Sunday Times.

    Teasdale did later voice misgivings. “It’s a bit harsh,” she told the Independent. “‘I feel sorry for your mum’ is a very mean thing to say.”

    Today, however, she says, “I don’t have any regrets. Why would I have regrets?”

    Wet Leg at Electric Picnic 2023: Smart, punchy, shin-kicking pop from Rhian Teasdale and Hester ChambersOpens in new window ]

    She may not have misgivings over Ur Mum, but Wet Leg have learned a great deal in the run-up to the new LP. One of the lessons is that, if the whole world wants a bit of you, there comes a time when you have to put your foot down. Say yes to everything – every gig offer, every interview request – and soon you’ll be running on empty.

    That’s exactly what happened to Wet Leg in September 2022, when exhaustion led to them cancelling several shows in the United States. Second time out, they’re determined to climb Everest at their own pace.

    “If I didn’t say no, I would be doing promo all day. People are trying to do their jobs, and trying to do a good job, and everyone’s working hard for us.” She skips a beat, as if reflecting on the busy year stretching ahead of Wet Leg. “It’s up to me to communicate what I’m emotionally and mentally available for. No one can guess. That’s on me.”

    Moisturizer is released by Domino. Wet Leg play the All Together Now festival, in Co Waterford, July 31st-August 3rd

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  • Pak rupee stays under pressure against Canadian dollar – 12 July 2025

    Pak rupee stays under pressure against Canadian dollar – 12 July 2025

    LAHORE – The buying rate of Canadian has strengthened against Pakistani rupee in open market where it stood at Rs210 on Saturday.

    The private exchange companies are selling the Canadian Dollar for Rs215 reflecting its dominance over the local currency.

    The local currency rates reflect ongoing trend in the forex market influenced by regional demand, remittance inflows, and overall economic sentiments.

    How much is $1000 CAD in PKR?

    As of July 10, they buying rate of the Canadian dollar stands at Rs210. It means an individual can convert $1000 CAD for Rs210,000 in open market.

    Remittances play a crucial role in supporting the economies of developing countries. They provide a stable source of income for millions of families, helping them meet basic needs such as food, healthcare, and education.

    Pakistan recorded workers’ remittances inflow of $3.4 billion in June 2025.

    According to the data released by the State Bank of Pakistan (SBP) on Wednesday, workers’ remittances increased by 7.9 per cent on a year-on-year basis.

    During fiscal year 2024-25, workers’ remittances rose by 26.6 per cent to $38.3 billion as compared with $30.3 billion in 2023-24.

    Remittances during June 2025 were mainly sourced from Saudi Arabia ($823.2 million), United Arab Emirates ($717.2 million), United Kingdom ($537.6 million) and United States of America ($281.2 million).

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  • NBA 2K26 Summer League: Raptors swarm Bulls with offensive barrage

    NBA 2K26 Summer League: Raptors swarm Bulls with offensive barrage

    • Download the NBA App
    • Summer League: Complete Coverage

    • Raptors 116, Bulls 72: Box Score | Game Detail

    LAS VEGAS – The Toronto Raptors defeated the Chicago Bulls, 116-72, in the NBA 2K26 Summer League at Cox Pavilion on Friday.

    While there were five ties and six lead changes through the opening 15 minutes, Toronto took control with a 27-9 second quarter. They put the game to bed behind a 32-24 third quarter and then completed their blowout with a 36-15 fourth quarter. They fell just shy of the Summer League record for margin of victory, which had been set at 50 points by the Los Angeles Lakers in 2012. Toronto shot 51.8% from the field and 40.6% from 3-point range while holding Chicago to 30.9% from the field and 26.9% from long range. The Raptors out-rebounded the Bulls, 41-28, while out-assisting them, 25-8. They also doubled up Chicago in fastbreak scoring, 32-16, while outscoring them in points off turnovers, 40-13.

    The Raptors (1-0) were led by A.J. Lawson, providing 22 points, six rebounds and two steals off the bench. Alijah Martin added had 16 points, five rebounds, five assists and two steals off the pine. Jonathan Mogbo led the starters with 15 points, three rebounds and three steals, while Ja’Kobe Walter tallied 12 points and three rebounds.

    The Bulls (0-1) were led by Javon Freeman-Liberty, finishing with 21 points and two rebounds. Matas Buzelis had 17 points, five boards and two blocks. Jahmir Young amassed six points, two rebounds and three assists.

    On deck for Chicago is a matchup with the Sacramento Kings on Saturday (8 ET, NBA TV). As for Toronto, they tussle with the Orlando Magic on Sunday (6 ET, ESPN2) for their next matchup.

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  • Gaza truce talks on verge of collapse, Palestinian officials say

    Gaza truce talks on verge of collapse, Palestinian officials say

    Rushdi Abualouf

    Gaza correspondent

    Reuters Palestinians look on at the site of an overnight Israeli strike on a school sheltering displaced families, in Gaza CityReuters

    Gaza has been devastated by 21 months of war between Israel and Hamas

    Negotiations between Israel and Hamas in Qatar on a new Gaza ceasefire and hostage release deal are on the brink of collapse, according to Palestinian officials familiar with the details of the discussions.

    One senior official told the BBC that Israel had “bought time” during Prime Minister Benjamin Netanyahu’s visit to Washington this week and deliberately stalled the process by sending a delegation to Doha with no real authority to make decisions on key points of contention.

    They include the withdrawal of Israeli troops and humanitarian aid distribution.

    Before he left the US on Thursday, Netanyahu had maintained a positive tone, saying he hoped to complete an agreement “in a few days”.

    He said the proposed deal would see Hamas release half of the 20 living hostages it is still holding and just over half of the 30 dead hostages during a truce lasting 60 days.

    Since last Sunday, Israeli and Hamas negotiators have attended eight rounds of indirect “proximity” talks in separate buildings in Doha.

    They have been facilitated by Qatar’s Prime Minister Sheikh Mohammed bin Abdul Rahman Al Thani and senior Egyptian intelligence officials, and attended by US envoy Brett McGurk.

    The mediators have relayed dozens of verbal and written messages between the Hamas and Israeli delegation, which has included military, security and political officials.

    But on Friday night, Palestinian officials familiar with the negotiations told the BBC they were on the verge of collapse, with the two sides deeply divided on several contentious issues.

    They said the most recent discussions had focused on two of those issues: the mechanism for delivering humanitarian aid in Gaza and the extent of the Israeli military withdrawal.

    Hamas has insisted that humanitarian assistance must enter Gaza and be distributed via United Nations agencies and international relief organisations.

    Israel, on the other hand, is pushing for aid distribution via the controversial Israeli- and US-backed mechanism run by the Gaza Humanitarian Foundation (GHF).

    According to mediators involved in the process, there has been some limited progress on bridging the divide over this issue. However, no formal agreement has been reached.

    EPA US President Donald Trump (L) and Israeli Prime Minister Benjamin Netanyahu (R) converse during a dinner in the Blue Room of the White House in Washington DC (7 July 2025)EPA

    Israeli Prime Minister Benjamin Netanyahu (R) had two meetings with US President Donald Trump (L) in Washington this week

    The second major sticking point is over the extent of the Israeli withdrawal.

    During the fifth round of talks, Israeli negotiators reportedly handed mediators a written message stating that Israel would maintain a limited “buffer zone” inside Gaza that was between 1km and 1.5km (0.6-0.9 miles) deep.

    Hamas, according to a Palestinian official who attended at least two of the rounds of talks, viewed this proposal as a possible starting point for compromise.

    However, when Hamas requested and received a map outlining Israel’s proposed withdrawal zones, the document contradicted the earlier message, showing far deeper military positions. The map was said to indicate buffer zones that were up to 3km deep in certain areas and confirmed a continued Israeli presence in vast swathes of territory.

    They covered all of the southern city of Rafah, 85% of the village of Khuzaa east of Khan Younis, substantial parts of the northern towns of Beit Lahia and Beit Hanoun, and eastern neighbourhoods of Gaza City, such as Tuffah, Shejaiya and Zeitoun.

    Map showing Israeli evacuation or "no-go" zones in Gaza (9 July 2025)

    Hamas officials saw the map as a bad-faith manoeuvre by Israel, further eroding trust between the sides.

    Palestinian officials accused the Israeli delegation of deliberately stalling to create a positive diplomatic backdrop for the Israeli prime minister’s recent visit to Washington.

    “They were never serious about these talks,” one senior Palestinian negotiator told the BBC. “They used these rounds to buy time and project a false image of progress.”

    The official also claimed that Israel was pursuing a long-term strategy of forced displacement under the guise of humanitarian planning.

    He alleged that Israeli Defence Minister Israel Katz’s plan to move Palestinians to a “humanitarian city” in Rafah was part of a broader effort to permanently relocate them.

    “The goal of concentrating civilians near the Egyptian border is to pave the way for their expulsion either across the Rafah crossing into Egypt or out through the sea,” the official said.

    On Monday, Katz briefed Israeli reporters that he had instructed the military to prepare a plan for a new camp in Rafah that would initially house about 600,000 Palestinians – and eventually the whole 2.1 million population.

    According to the plan, the Palestinians would be security screened by Israeli forces before being allowed in and not permitted to leave.

    Critics, both domestically and internationally, have condemned the proposal, with human rights groups, academics and lawyers calling it a blueprint for a “concentration camp”.

    Reuters An Israeli tank moves in Gaza, as seen from the Israeli side of the border (6 July 2025)Reuters

    The UN says 86% of Gaza is within Israeli-militarized zones or covered by Israeli evacuation orders

    With the talks at a critical juncture, the Palestinian side is calling on the US to intervene more forcefully and pressure Israel to make meaningful concessions.

    Without such intervention, mediators warn, the Doha negotiations could collapse entirely.

    That is a scenario that would further complicate regional efforts to reach a durable ceasefire and avert a broader humanitarian catastrophe in Gaza.

    Diplomats in Doha say there is still a narrow window for compromise, but that the situation remains fragile.

    “This process is hanging by a thread,” one regional official said. “Unless something changes dramatically and quickly, we may be heading towards a breakdown.”

    The Israeli military launched a campaign in Gaza in response to the Hamas-led attack on southern Israel on 7 October 2023, in which about 1,200 people were killed and 251 others were taken hostage.

    At least 57,823 people have been killed in Gaza since then, according to the territory’s Hamas-run health ministry.

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  • UAE Dirham exchange rate dips against Pak rupee – 12 July 2025

    UAE Dirham exchange rate dips against Pak rupee – 12 July 2025

    KARACHI – UAE Dirham (AED) has slightly lost its ground against Pakistani rupee in open market where 1 AED’s buying rate has decreased to Rs77.44 after shedding three paisa.

    The selling rate of the Dirham also decreased and stood at Rs77.92, according to the Forex Association of Pakistan.

    The UAE Dirham (AED) to Pakistani Rupee exchange rate holds great importance as millions of Pakistanis work in the UAE and send remittances every month.

    AED to PKR Rate Today

    Buying: Rs77.44

    Selling: Rs77.92

    Overseas Pakistanis residing in the UAE sent $717.2 million in wake of remittances in June 2025, grabbing second top position in the chart of the workers’ remittances as the first spot is held by Saudi Arabia.

    Pakistan recorded workers’ remittances inflow of $3.4 billion in June 2025.

    According to the data released by the State Bank of Pakistan (SBP) on Wednesday, workers’ remittances increased by 7.9 per cent on a year-on-year basis.

    During fiscal year 2024-25, workers’ remittances rose by 26.6 per cent to $38.3 billion as compared with $30.3 billion in 2023-24.

    Remittances during June 2025 were mainly sourced from Saudi Arabia ($823.2 million), United Arab Emirates ($717.2 million), United Kingdom ($537.6 million) and United States of America ($281.2 million).

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