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  • Webb Refines the Bullet Cluster’s Mass

    Webb Refines the Bullet Cluster’s Mass

    One of the most iconic cosmic scenes in the Universe lies nearly 3.8 billion light-years away from us in the direction of the constellation Carina. This is where two massive clusters of galaxies have collided. The resulting combined galaxies and other material are now called the Bullet Cluster, after one of the two members that interacted over several billion years. It’s one of the hottest-known galaxy clusters, thanks to clouds of gas that were heated by shockwaves during the event. Astronomers have observed this scene with several different telescopes in multiple wavelengths of light, including X-ray and infrared. Those observations and others show that the dark matter makes up the majority of the cluster’s mass. Its gravitational effect distorts light from more distant objects and makes it an ideal gravitational lens.

    Astronomers pointed the infrared-sensitive James Webb Space Telescope (Webb) to view the Cluster in part to help refine its mass. The Bullet is actually two clusters, a smaller sub-cluster called the Bullet, and the larger one it collided with in the past. The observations provided extremely detailed images of the cluster’s galaxy members, as well as a view of hundreds of other faint ones that lie beyond. They also mapped the distribution of hot gas, which appears to be in separate “blobs”. Those gaseous regions helped them learn more about the distribution of dark matter in the cluster. “With Webb’s observations, we carefully measured the mass of the Bullet Cluster with the largest lensing dataset to date, from the galaxy clusters’ cores all the way out to their outskirts,” said Sangjun Cha, the lead author of a paper published in The Astrophysical Journal Letters. Not only that, but the Webb view also allows scientists to study the distant galaxies “behind” the cluster in great detail. Their distorted images also give clues to the distribution of dark matter in the lens.

    This image shows the different wavelengths at which scientists studied the Bullet Cluster using JWST’s NIRCam instrument. The circles show the two clusters (in blue with their hot gas clouds in red). The one on the left shows an elongated shape, which suggests it’s been through more than one collision. Credit: NASA, ESA, CSA, STScI, CXC

    “Webb’s images dramatically improve what we can measure in this scene — including pinpointing the position of invisible particles known as dark matter,” said Kyle Finner, a co-author and an assistant scientist at IPAC at Caltech in Pasadena, California. Dark matter plays a role, not just in the Bullet Cluster’s hot gas clouds, but also in the light from distant galaxies passing through and around the cluster.

    What Happened with the Bullet?

    When you look at the combined infrared and X-ray views of the Bullet Cluster, among other things, you see those blobs of hot gas. One is in the form of a bow shock whipped up when the smaller sub-cluster member passed through the larger galaxy cluster. That sent the temperature of the gaseous regions up to millions of degrees, which released X-ray emissions detectable by Chandra.

    A Chandra X-ray view of hot gas clouds in the Bullet Cluster. This one gives the cluster its distinctive name. It lies entirely separated from the dark matter in the cluster. This indicates something about how dark matter behaved in the collision. Credit: X-ray: NASA/CXC/SAO A Chandra X-ray view of hot gas clouds in the Bullet Cluster. This one gives the cluster its distinctive name. It lies entirely separated from the dark matter in the cluster. This indicates something about how dark matter behaved in the collision. Credit: X-ray: NASA/CXC/SAO

    To understand why astronomers find the Bullet Cluster so fascinating, it helps to understand how it got the way it appears in Chandra and Webb observations. Well more than four billion years ago, these two galaxy clusters began a close approach. Both clusters were rich in stars, gas, and dust. Like the rest of the Universe, they were permeated with dark matter. Eventually, the two clusters collided. The stars were largely “unhurt” by this, other than perhaps having their velocities through space slightly altered. The collision basically caused a separation of the hot gas and dark matter. The gas, being affected by ram pressure (caused by something moving through the interstellar/intergalactic medium), slowed down due to the collision. The dark matter, which interacts primarily through gravity, passed through without any problem. This separation provided key evidence for the existence of dark matter. “As the galaxy clusters collided, their gas was dragged out and left behind, which the X-rays confirm,” Finner said. Webb’s observations show that dark matter still lines up with the galaxies — and was not dragged away.

    What the Cluster’s Gravitational Lens Reveals

    While we can’t see the dark matter at all, its presence around and within the Bullet Cluster’s galaxies turns it into a giant gravitational lens. Think of it as a cosmic magnifying glass that shows otherwise unseen things. It also does something remarkable: “Gravitational lensing allows us to infer the distribution of dark matter,” said James Jee, a co-author, professor at Yonsei University, and research associate at UC Davis in California. Jee suggests that we think of this gravitational lensing as working the same way that water in a pond magnifies the view of things in the pond. “You cannot see the water unless there is wind, which causes ripples,” Jee explained. “Those ripples distort the shapes of the pebbles below, causing the water to act like a lens.”

    That lens reveals thousands of distant galaxies whose light is “smeared” and distorted by the gravitational effect of the dark matter lens. The distribution of those galaxies across the lens also helps astronomers map the distribution of the dark matter that makes it up.

    The Webb NIRCam view of the Bullet Cluster, showing an infrared look at distant galaxies, with their images deformed by the gravitational effect of the dark matter. Credit: Near-infrared: NASA/ESA/CSA/STScI; Image processing: NASA/STScI/J. DePasquale The Webb NIRCam view of the Bullet Cluster, showing an infrared look at distant galaxies, with their images deformed by the gravitational effect of the dark matter. Credit: Near-infrared: NASA/ESA/CSA/STScI; Image processing: NASA/STScI/J. DePasquale

    Now that astronomers know where that dark matter is distributed in the cluster, the images and data also show that the particles (no matter what they’re made of) don’t affect each other beyond whatever gravitational attraction they have toward each other. It implies that they act independently of each other. Now the trick is to figure out what kind of particles act as dark matter has been observed to do. Webb’s observations also show that dark matter still lines up with the galaxies — and was not dragged away during the chaos of the cluster collisions. These new observations place stronger limits on the behavior of dark matter particles.

    For More Information

    NASA Webb ‘Pierces’ Bullet Cluster, Refines Its Mass

    A High-Caliber View of the Bullet Cluster through JWST Strong and Weak Lensing Analyses

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  • Bitcoin

    Bitcoin



    A representation of virtual currency Bitcoin is seen in front of a stock graph in this image taken on November 19, 2020. — Reuters

    Who’s buying Bitcoin? The US, China, UK, Ukraine, North Korea, Bhutan, El Salvador, Venezuela and Finland collectively hold 527,883 Bitcoin, valued at approximately $52.8 billion. Forty-three Exchange Traded Funds (ETFs) own 1.4 million Bitcoin, valued at $140 billion. Four major exchanges hold 154,852 Bitcoin, worth $15.5 billion. Forty private companies possess 290,878 Bitcoin, valued at $29.1 billion. Additionally, 140 large public corporations, including MicroStrategy, MARA, Metaplanet and Tesla, own 841,715 Bitcoin, valued at $84.2 billion.

    Who’s buying Bitcoin? The Abu Dhabi Investment Authority, with $1.7 trillion in assets and one of the largest Sovereign Wealth funds, is buying Bitcoin. The Qatar Investment Authority is buying Bitcoins. Temasek Holdings (Singapore) is buying Bitcoin. Government Pension Fund Global (Norway) is buying Bitcoin. Saudi Arabia’s Public Investment Fund, managing $925 billion, is buying Bitcoin.

    Switzerland has a campaign called ‘Bitcoin Initiative’ proposing that the Swiss National Bank buy Bitcoin as a reserve asset alongside gold. Mubadala (Abu Dhabi) is buying Bitcoin. Bank Markazi-ye Jomhuri-ye Esl mi-ye Ir n is buying Bitcoin. The Czech National Bank is buying Bitcoin. Portugal is offering citizenship through investment in a Bitcoin fund.

    Who else is buying Bitcoin? BlackRock, the world’s largest asset manager with $11.5 trillion under management, has acquired $75 billion in Bitcoin and continues to expand its holdings. Other asset managers buying Bitcoin include Morgan Stanley, Vanguard, Cantor, Geode, Citadel, Clear Street, Weiss, State Street and Capital Group.

    Institutional investors, including BlackRock (USA), Druk Holding (Bhutan) and major corporations, view Bitcoin as a hedge against economic volatility and a tool for portfolio diversification, driving its adoption and reinforcing its value as a scarce asset in an uncertain global economy.Who’s buying Bitcoin? Houston Firefighters’ Relief and Retirement Fund (USA) is buying Bitcoin. The Ontario Teachers’ Pension Plan (Canada) is buying Bitcoin. Yes, South Korea’s National Pension Service is buying Bitcoin. Texas, Wyoming, Florida, Louisiana, Oklahoma, Arizona, Tennessee, Nevada, New Hampshire have either passed or are considering Bitcoin-related resolutions, legislation, or policies.

    Red alert: Who’s saying no to Bitcoin? Pakistan’s central bank – the State Bank of Pakistan (SBP). The SBP’s Circular No 3 is the SBP’s ‘prohibition notice’: Virtual currencies like Bitcoin are not legal money in Pakistan; Banks and financial institutions must stay away; Suspicious Transaction Reporting Required; No one is licensed to deal in them.

    US state pension funds, including Arizona’s State Retirement System, California’s State Teachers’ Retirement System, Colorado’s Public Employees’ Retirement Association, Florida’s State Board of Administration, Illinois’ Municipal Retirement Fund, North Carolina’s State Treasurer, New Jersey’s Police and Firemen’s Retirement System, Ohio’s Public Employees Retirement System, Texas’ Teacher Retirement System, and Wisconsin’s Investment Board, are buying Bitcoin.

    Nation-states are buying Bitcoin. Multi-billion-dollar corporations are buying Bitcoin. Institutions are acknowledging Bitcoin’s role as a hedge against economic uncertainty. From Texas to Switzerland, governments and funds explore Bitcoin’s potential as a reserve asset, signalling a seismic shift in financial thinking.

    Lo and behold, Bitcoin has a hard cap of 21 million coins, coded into its protocol. How will Bitcoin’s constrained supply and surging demand impact its price?

    Three questions: In what world does the SBP operate? Which economic playbook is the SBP following? Whose logic is guiding the SBP’s actions?


    The writer is a columnist based in Islamabad. He tweets/posts @saleemfarrukh and can be reached at: farrukh15@hotmail.com


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  • Meet the Chinese start-up behind Google’s Android XR-powered augmented reality glasses

    Meet the Chinese start-up behind Google’s Android XR-powered augmented reality glasses

    Xreal, the Chinese augmented reality start-up behind Google’s first Android XR-powered augmented reality (AR) glasses, is gearing up for the mass-market release of its lightweight eyewear as early as the first quarter of 2026, its co-founder said.

    Code-named Project Aura, the product was first announced at Google’s annual I/O developer conference in May. Rivalling offerings from Apple and Meta Platforms, Google adopted a strategy from its smartphone playbook: providing the operating system – Android XR – while collaborating with hardware makers.

    Project Aura is Google’s second XR initiative, following Moohan, a collaboration with Samsung Electronics on a virtual reality headset similar to Apple’s Vision Pro.

    Aura’s field of view (FoV) – the visible area seen through the glasses – exceeds 70 degrees, “the largest screen we have ever made”, according to a statement from Xreal at the Augmented World Expo in June. The device will be powered by a Qualcomm Snapdragon chipset alongside Xreal’s own XR-optimised X1S chip.

    Wu Kejian, Xreal’s co-founder, chief scientist and head of algorithms. Photo: Handout

    “This achievement is thanks to Xreal’s extensive experience in optical engineering, enabling thinner lenses with broader fields of view,” Wu Kejian, the company’s co-founder, chief scientist and head of algorithms, said in an interview with the South China Morning Post.

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  • Govt under fire for ‘destroying livelihoods’ during anti-encroachment drives – Newspaper

    Govt under fire for ‘destroying livelihoods’ during anti-encroachment drives – Newspaper

    SWAT: The anti-encroachment drive launched following the devastating Swat flood incident that killed over a dozen tourists, has sparked outrage among hotel, restaurant, and shop owners, with all major political parties calling for immediate halt to the punitive operation.

    Businesses were left devastated after the district administration demolished their buildings, declaring them as encroachments along the Swat River.

    The operation, initially aimed at clearing illegal structures, swiftly dismantled properties belonging to numerous small business owners, leaving them grappling with substantial financial losses.

    One affected restaurant owner, Sardar Ali, said, “We have worked hard for years to establish our businesses here. The demolition came as a shock. We didn’t even get any notice before losing everything we built.”

    Swat business owners, Dir MPC demand immediate end to operations

    Another shopkeeper, Faizan Khan, echoed similar sentiments, stating, “They just tore down our shops without any warning. How are we supposed to feed our families now?”

    However, the campaign was unexpectedly halted when the anti-encroachment machinery reached a hotel owned by federal minister Eng Amir Muqam, situated along the Swat River in the Fizagat area.

    Despite the ongoing demolitions in surrounding areas, the authorities ceased all further demolition activities around Muqam’s property without offering any clear explanation for the change in direction.

    This sudden pause has raised suspicions of favouritism towards influential figures.

    Local business owners, along with civil society members, have expressed frustration at what they describe as a double standard in the enforcement of the anti-encroachment laws.

    “It’s clear those with power are protected while the rest of us are left to suffer. The government’s actions are unfair and biased,” said Shahid Hussain, another restaurant owner.

    In light of the situation, the business owners have threatened protests if the government doesn’t halt the operation. They demanded compensation for the losses they incurred due to the destruction of their properties.

    “We won’t remain silent. The government needs to take responsibility for the havoc it has caused. If it doesn’t compensate us, we will protest until our voices are heard,” said Amjad Ali, a shopkeeper, whose store was demolished.

    Similarly, political and social activists in Lower Dir have expressed deep concern over the ongoing anti-encroachment drive, warning that the demolition and sealing of hotels and restaurants under the pretext of illegal constructions is damaging the local economy and discouraging tourism.

    The issue was the focus of a multiparty conference organised by Jamiat Ulema-i-Islam-Fazl in Timergara on Saturday, chaired by former MPA and ANP district president Haji Bahadur Khan.

    Representatives from major political parties, including Jamaat-i-Islami, PTI, ANP, JUI-F, PPP, PML-N, and the Pakhtunkhwa Milli Awami Party, attended the moot.

    JUI-F district chief Sirajuddin, former provincial minister Muzaffar Syed Advocate, Timergara tehsil chairman Mufti Irfanuddin, PTI MPA Malik Shafiullah Khan, ANP district president Haji Bahadur Khan, Malik Mohammad Rasheed Khan, Jamaat’s KP North information secretary Eng Yaqoobur Rehman, PPP Lower Dir general secretary Naeemullah Khan, PML-N general secretary Javed Akhtar Advocate, Timergara traders’ union president Haji Anwaruddin, former chamber of commerce president Mian Noor Alam Bacha, PkMAP president Sartaj Khan, civil society activist Akbar Khan, and PPP’s Nawabzada Irfan, were among those in attendance.

    The participants condemned the administration for launching demolitions without prior notices, saying the crackdown was targeting properties built with the hard-earned money of overseas Pakistanis.

    They called for an immediate halt to the demolition campaign and reopening of all sealed hotels and restaurants. They demanded that the district administration first properly demarcate the riverbed area, as officials themselves were unclear about the river’s actual boundaries.

    In a joint declaration, the MPC announced that two separate delegations would approach higher authorities to voice their concerns.

    One, led by PTI MPA Malik Shafiullah Khan, will meet Chief Minister Ali Amin Gandapur and the chief secretary. The other, headed by PML-N general secretary Javed Akhtar Advocate, will seek a meeting with Prime Minister Shehbaz Sharif. If the demands are not met, speakers warned, political and public resistance will intensify.

    Meanwhile, JI’s KP North chief and former provincial minister Inayatullah Khan, speaking separately to the media on Saturday, criticised the government, calling the operation an “attack on the livelihoods of the poor.” He warned of mass protests if the sealed businesses were not reopened.

    He said the administration’s actions — taken in the aftermath of the Swat tragedy — have left daily-wage workers jobless and pushed poor families toward starvation. “Destroying poor people’s businesses in the name of anti-encroachment drive is economic murder,” he said, accusing the provincial government of deflecting blame for its own failures.

    Critics also blamed the district administration for environmental damage, claiming the auctioning of minerals from the Panjkora riverbed — worth Rs70 million — had already devastated the river’s natural flow. They questioned why construction was previously allowed if it was illegal, and demanded accountability of former officials who approved it.

    Meanwhile, a large-scale anti-encroachment operation launched along the banks of the River Indus in Dera Ismail Khan has also sparked public outcry.

    Among the critics is JUI-F’s district general secretary Chaudhry Mohammad Ashfaq Advocate, who strongly condemned the demolition near Mehmood Eye Hospital along the riverbank. He described the operation as “a gross violation of law and humanity,” likening it to an invasion rather than a legal enforcement measure.

    Ashfaq alleged that private and legally owned properties were demolished in the presence of the deputy commissioner, assistant commissioner and police officials with utter disregard for due process. “Livelihoods were crushed, homes were razed, and the scene resembled a natural disaster,” he said.

    He further criticised the administration for using the Swat incident as a pretext to unleash fury on innocent citizens. “Instead of reforming the system, PTI’s 12-year rule has brought devastation upon the people,” he added.

    Ashfaq also questioned the decision of the chief secretary to issue circulars that in his view, left poor riverside residents abandoned. “If there truly was a flood threat, the legal method would have been to issue timely alerts and allow a grace period for evacuation,” he said, lamenting that even multi-million rupee properties were bulldozed without notice or compassion.

    “This cruelty and unconstitutional action rests squarely on the shoulders of the provincial leadership. JUI-F not only condemns this operation but also reserves the right to pursue legal action,” he declared.

    The operation, spearheaded by tehsil municipal administration, is targeting unlawfully built shops, huts and other encroachments within the river’s natural pathway. According to TMA officials, this action aims to restore the river’s original flow and reduce the risk of future floods.

    The authorities clarified that the operation is being conducted in phases and will not be influenced by political or personal pressure.

    Officials said prior notices were served on all affected individuals and alternate spaces have been arranged for them in some cases.

    However, the operation has sparked significant unrest among locals, many of whom staged protests and chanted slogans against Chief Minister Ali Amin Gandapur.

    Published in Dawn, July 6th, 2025

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  • CURTAIN CALL – Newspaper – DAWN.COM

    CURTAIN CALL – Newspaper – DAWN.COM

    There’s a certain thrill in watching something original come alive on stage, a story that hasn’t yet been seen, characters you’ve never met before, and dialogue that hasn’t already been quoted on social media.

    That’s exactly what Tasneef, the National Academy of Performing Arts’ (Napa) first-ever Original Playwrights Theatre Festival, delivered: a powerful, promising showcase of four original Urdu language plays that left audiences hopeful for the future of Pakistani theatre.

    Marking 20 years of theatrical excellence, Napa has long been a hub of dramatic innovation. But this time, the spotlight was firmly on the storytellers, the playwrights. The festival was born out of a national open call for original Urdu scripts, and the response was heartening: over 30 entries from all over Pakistan. Through a blind, merit-based process, four scripts were selected, directed, rehearsed and staged from June 13-21, under the curatorship of Afreen Seher, Head of Theatre at Napa.

    These weren’t recycled adaptations or familiar re-runs. Tasneef was fresh, contemporary and deeply rooted in the issues and rhythms of today’s Pakistan. Each play brought with it a distinct genre and narrative style, giving theatre-goers a well-rounded, thought-provoking experience.

    Here’s a look at the four standout plays that were showcased:

    Musafir: A conversation that lingers
    Written and directed by Farhan Alam Siddiqui

    Musafir

    Opening the festival was Musafir, a slow-burn narrative that takes place at a seemingly mundane train station, until it doesn’t. What begins as a light exchange between two strangers on a bench unfolds into a layered dialogue about dreams, detours and the burden of expectations.

    Napa’s ‘Tasneef’ festival was a reminder that great stories are being written every day in this country and all they need is a stage

    Siddiqui, one of Napa’s earliest graduates, brings a certain maturity to the pacing and structure, making the audience lean in with curiosity. There’s humour, quiet tension, and a final twist that stirs reflection long after the curtain drops. While the storytelling took a few moments to settle, Musafir captured the quiet heartbreak of lives paused mid-journey.

    1st Time in Pakistan: Satire meets systemic decay
    Written and directed by Zakiullah Khan

    1st Time in Pakistan

    Possibly the most talked-about play of the lot, 1st Time in Pakistan was a biting satire set in a fictional town called Karta Dharta. Protesters gather outside a government office, frustrated by the town officer’s inaction over basic sanitation, sewage and water problems.

    Enter the “solution”: a grand infrastructure plan dubbed “1st Time in Pakistan.” But at the cost of the locals’ displacement. The parallels to real-life land controversies, including whispers of Bahria Town, were impossible to ignore. While the script tackled serious issues with smart observations and grounded absurdity, some moments dipped into crass humour that could’ve benefitted from tighter editing. Still, Zakiullah Khan’s direction kept the energy high and the message clear: even in satire, the stakes are real.

    Saraab: The pressure of pretence
    Written and directed by Damyanti Gosai

    Saraab

    A haunting, introspective drama, Saraab explored the psychological and societal expectations placed on individuals. Written and directed by Damyanti Gosai, a Napa alumnus and multilingual translator, the play unfolded like a fever dream, where reality blurs into illusion. Through fragmented scenes, layered monologues and striking visual metaphors, Saraab interrogated how people lose themselves in the process of conforming.

    One of the standout plays, Saraab tackled student politics and moral awakening with gripping intensity and thoughtful staging. The lighting design was particularly effective, casting a sharp focus on the emotional shifts and political undertones throughout the narrative.

    The story followed a university student on the brink of engagement, whose life takes an unexpected turn when his beloved professor is arrested on the very day of his ceremony. As campus elections unfold, the incident becomes highly politicised, and the young man finds himself torn between personal obligations and a growing sense of justice. Despite pleas from his family and fiancée to stay out of it, he joins the student movement, eventually leading a protest that ends in a violent crackdown.

    The arc of idealism, resistance and loss unfolded powerfully, leaving the audience with much to reflect on. Gosai’s direction was both tender and courageous, making space for discomfort, introspection and, ultimately, empathy. Saraab stood out as a piece that dared to look inward.

    In The Middle: A love letter to struggling artists
    Directed by Usama Khan

    In The Middle

    In The Middle was the festival’s meta-commentary on theatre itself. The story followed three aspiring actors, all stuck in a tough spot, where they must make a decision within six days that could change everything.

    It follows an immigrant couple grappling with an expiring visa and conflicting desires for their future. Kaif, shaken by a viral video and its consequences, wants to seek asylum, while Sajjad is determined to return to Pakistan to pursue his passion for the arts. Their opposing choices put them at odds, just as Sajjad reconnects with his former student Hassan, who also shares a complicated past with Kaif. As old wounds resurface and difficult truths are revealed, the couple must confront their past and make a decision that will redefine their future.

    The play explores ambition, guilt and survival through emotionally charged dialogue and tense personal dynamics. With minimal props and a tight-knit cast, the play unfolded like a backstage drama-meets-life crisis.

    Director Usama Khan struck a perfect chord, drawing the audience into the vulnerabilities of those who dedicate their lives to performance. The script was raw, honest and deeply relatable, especially to anyone who’s ever chased a creative dream in a world that doesn’t always understand art as a profession.

    Why Tasneef mattered

    It was heartening to see original Pakistani scripts being staged and, more importantly, celebrated. With Tasneef, Napa has given fresh voices the space to be heard, the training to be polished, and the audience they deserve. Festivals like these are crucial to the health of our cultural ecosystem. They don’t just entertain; they challenge, inform and nurture talent that might otherwise go unnoticed.

    While Napa and its faculty have done the heavy lifting, initiatives such as Tasneef require more than just passion; they need institutional support. For Pakistan’s theatre to flourish and evolve, it is imperative that the government step in to support such festivals, fund cultural institutions, and invest in creative infrastructure.

    Art thrives when it is nourished, and artists thrive when they are trusted.

    Published in Dawn, ICON, July 6th, 2025

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  • Musk forms political party – Newspaper

    Musk forms political party – Newspaper

    WASHINGTON: Elon Musk, a former ally of US President Donald Trump, said on Saturday he had launched a new political party in the United States to challenge what the tech billionaire described as the country’s “one-party system”.

    “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk, who had a bitter falling out with Trump after leading the president’s effort to slash spending and cut federal jobs, posted on X. “Today, the America Party is formed to give you back your freedom.”

    Published in Dawn, July 6th, 2025

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  • PM Shehbaz urges nation to take guidance from Imam Hussain – Pakistan

    PM Shehbaz urges nation to take guidance from Imam Hussain – Pakistan

    ISLAMABAD: Prime Minister Shehbaz Sharif urged the nation to take guidance from the life and character of Imam Hussain to overcome internal and external challenges and keep Pakistan on the path of peace, unity and progress.

    He said the grandson of the Holy Prophet (PBUH), along with his family and companions, sacrificed their lives for the “sake of truth, justice and religion but did not bow down to falsehood.”

    “This great sacrifice of his reminds us that protecting principles and standing firm on the truth requires great courage and unwavering faith,” he said in a message on the occasion of Ashura.

    He said the battle of Karbala taught us that although the path of truth is difficult, it is the way that leads to Allah Almighty.

    Strict security arrangements nationwide for majalis, processions

    “Today, when our nation is facing many challenges — be it the economy, society or national unity — we need to take guidance from the life of Imam Hussain more than ever.”

    He urged the nation to adopt Imam Hussain’s qualities of honesty, tolerance, patience and sacrifice in our national life.

    On the day of Ashura, he urged the nation to pledge that they will make “truth and honesty our motto in our lives”.

    “We will raise our voice against oppression and try to give our homeland the same peace, justice and dignity that is reflected in the bright character of Imam Hussain.”

    Security arrangements

    On Saturday, majalis and processions were held across the country in connection with 9th Muharram.

    Strict security arrangements were made for around 2,763 processions and 7,598 majalis in Islamabad, Punjab, Khyber Pakhtunkhwa, Balochistan, Sindh, Azad Kashmir and Gilgit-Baltistan on Saturday.

    In Islamabad, 61 majalis and 17 processions were held; in Punjab, 3,805 majalis and 1,677 processions were held; in Sindh, 1,207 majalis and 644 processions were held; in KP, 939 majalis and 261 processions were held; in Balochistan, 115 majalis and 11 processions were held; in GB, 1,290 majalis and 111 processions were held; and in AJK, 181 majalis and 42 processions were held.

    Local law enforcement agencies monitored processions through drones and security cameras in 1,129 highly sensitive areas across the country.

    Federal and provincial authorities have prepared security plans with zero tolerance for hate speech or sectarian provocations.

    Interior Minister Mohsin Naqvi emphasised that religious incitement on social media will not be tolerated under any circumstances.

    He stressed that maintaining law and order is the top priority, and that law enforcement agencies are fully vigilant to foil the malicious designs of terrorists.

    With input from APP and Munawer Azeem

    Published in Dawn, July 6th, 2025

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  • PSX delivers stellar weekly gains amid macroeconomic stability – Business

    PSX delivers stellar weekly gains amid macroeconomic stability – Business

    Source: Arif Habib Ltd

    KARACHI: The Pakistan Stock Exchange (PSX) commenced the new fiscal year on a bullish note, as the KSE-100 index posted a robust 6.1 per cent gain during the outgoing week, closing at a record high of 131,949.06 points. The rally was underpinned by strong institutional buying, a reallocation of funds from fixed-income instruments, and strengthening macroeconomic fundamentals.

    Topline Securities Ltd attributed the surge to shifting liquidity dynamics following the implementation of the Finance Act 2025-26, which raised withholding tax on returns from savings and fixed deposits to 20pc, while keeping equity investment tax at 15pc. This encouraged a shift towards equities amid falling yields.

    The benchmark index added 7,570 points over the week, rising from the previous close of 125,627.31. Average daily trading volumes jumped 31.4pc to 967 million shares, while average traded value rose 33pc to Rs41.5bn. In dollar terms, average daily turnover reached $145.7m, up 31.9pc week-on-week.

    The upbeat sentiment was supported by stabilising macroeconomic indicators. Inflation eased to 3.2pc in June from 3.5pc in May. The trade deficit narrowed to $2.3bn for June — down 9pc month-on-month and 3pc year-on-year — while the full-year trade deficit for FY25 stood at $26.3bn, up 9pc from FY24.

    KSE-100 index gained 6.1pc to close at a record high of 131,949 points

    Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $3.66bn to $12.73bn for the week ended June 27, marking the second-largest weekly increase on record. Total reserves hit $14.5bn by the end of June, in line with SBP’s year-end target.

    The rupee remained broadly stable, closing the week at Rs283.97 against the dollar, down just two paise.

    Sector-wise, commercial banks led the rally, contributing 4,561 points to the index, followed by fertiliser (722 points), technology and communication (438 points), exploration and production (401 points), and pharmaceuticals (187 points). Conversely, cement (-136 points), glass and ceramics (-65 points), refinery (-6 points), and woollen (-1.5 points) sectors posted negative contributions.

    Major positive contributors included United Bank (1,597 points), MCB Bank (653 points), Habib Bank (462 points), and Bank Al Habib (425 points). On the losing side, Maple Leaf Cement (-44.1 points), Lucky Cement (-41 points), Ghani Glass (-39 points), and Pioneer Cement (-30 points) weighed on the index.

    Foreign investors remained net sellers for the second consecutive week, offloading equities worth $15.3m, compared to $11.8m the week before. The highest selling was seen in commercial banks ($4.5m) and miscellaneous sectors ($4m). In contrast, local mutual funds and companies were net buyers, investing $22.1m and $12.2m, respectively.

    Among regulatory and economic developments, Nepra reduced electricity tariffs by Rs1.14/kWh to Rs31.59/kWh, while Ogra raised gas prices across residential and industrial categories effective July 1. The government also introduced a New Energy Vehicle (NEV) levy, resulting in price hikes for multiple car models.

    In the cement sector, total dispatches for FY25 rose to 46.2m tonnes, up 2pc year-on-year, driven by stronger exports. Domestic sales, however, declined 2.4pc to 38.6m tonnes. The oil marketing sector posted a 7pc rise in product offtake to 16.3m tonnes for the fiscal year.

    Performance vs other asset classes

    The KSE-100 emerged as the best-performing asset class in FY25, delivering a stellar return of 60.15pc. In comparison, T-Bills returned 21.44pc, Defence Savings Certificates 12.61pc, bank deposits 12.60pc, Pakistan Investment Bonds 11.97pc, gold 4.52pc, and the rupee appreciated 1.95pc against the US dollar.

    The strong equity market performance was driven by aggressive monetary easing, improved liquidity, and the unlocking of value in key sectors — reinforcing investor confidence in Pakistan’s capital markets.

    Arif Habib Ltd expects the bullish momentum to persist in the near term, driven by positive investor sentiment, macroeconomic stability, and relatively low equity valuations. The KSE-100 is currently trading at a forward price-to-earnings ratio of 6.8x for 2025, compared to a 10-year average of 8.0x, while offering an attractive dividend yield of approximately 7.4pc versus a historical average of 6.5pc.

    AKD Securities echoed the optimistic tone, forecasting the index to reach 165,215 points by December. Strong earnings in the fertiliser sector, sustained return on equity in banks, and improving cash flows of exploration and oil marketing companies — buoyed by falling interest rates — are expected to drive further gains.

    Inflation for FY25 averaged 4.5pc. Forward inflation for FY26 is projected at 4.4pc, providing room for further monetary easing and acting as a potential catalyst for equities.

    Published in Dawn, July 6th, 2025

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  • Imam Hussain’s teachings key to justice, unity: NA speaker – Newspaper

    Imam Hussain’s teachings key to justice, unity: NA speaker – Newspaper

    ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq paid tribute to the immortal sacrifices of Hazrat Imam Hussain (RA) and his devoted companions, saying Ashura teaches the values of sacrifice, patience, steadfastness and standing up for truth.

    In his message on Ashura, he said the tragedy of Karbala will forever inspire generations to resist oppression and falsehood with bravery and determination. He said the grandson of Holy Prophet Muhammad (peace be upon him), Hazrat Imam Hussain (RA), laid down his life for the supremacy of truth and justice. By embracing the teachings of Imam Hussain (RA)’s sacrifice, patience and piety, we can build a peaceful, united and just society. He stressed the urgent need for collective efforts to eliminate oppression, injustice, intolerance and division.

    The speaker also paid tribute to the martyrs who sacrificed their lives for the protection of the homeland, stating their sacrifices will be remembered in golden words throughout history.

    He said the oppressed people of Palestine and Kashmir had been enduring brutality and injustice for decades. Expressing solidarity with the Palestinian and Kashmiri people, he said supporting the oppressed was our religious and moral duty. He said the ongoing brutal terrorism by Israel in Palestine had resulted in the martyrdom of over 60,000 people with thousands severely injured, including a large number of children, women and the elderly. He commended the resilience and bravery of the Palestinian people in standing up against Israeli oppression and called upon the international community to play its role in ending the atrocities in Palestine and Kashmir

    On the occasion of Ashura, the speaker urged the Muslim Ummah to promote mutual unity and solidarity. He said Muslims can overcome challenges by following the example of Karbala and fostering unity within their ranks. He said setting aside differences and embracing cooperation and brotherhood is the true path to success.

    Deputy Speaker National Assembly Syed Ghulam Mustafa Shah also paid homage to the unforgettable sacrifices of Hazrat Imam Hussain (RA) and his companions, stating that the message of Karbala is not only for Muslims but serves as a guiding light for all of humanity. He said that by adopting the spirit of sacrifice and selflessness exemplified by Imam Hussain (RA), we can foster brotherhood and build a peaceful and just society. He added that the event of Karbala teaches us to remain steadfast in truth and justice. He urged the Muslim Ummah to unite against oppression, injustice, and division by embodying the spirit of Hussain (RA).

    Published in Dawn, July 6th, 2025

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  • PTI slams Bilawal over extradition remarks, demands explanation – Pakistan

    PTI slams Bilawal over extradition remarks, demands explanation – Pakistan

    ISLAMABAD: PTI has denounced PPP chairman Bilawal Bhutto-Zardari’s remarks suggesting Pakistan could extradite citizens to India as a confidence-building measure (CBM), accusing him of undermining national security and appeasing a hostile neighbour.

    According to reports, Mr Bhutto-Zardari said Pakistan had no objection to handing over “individuals of concern” to India, provided New Delhi showed a willingness to cooperate.

    In a hard-hitting statement on Saturday, PTI CIS Sheikh Waqas Akram criticised the PPP chairman’s stance, calling him an “immature political child”. He said the proposal was ill-advised and detrimental to Pakistan’s national security narrative, adding that such statements humiliate the country on international platforms.

    Mr Akram accused the “fraudulently imposed” government of bringing Pakistan to its knees.

    Accuses PPP chairman of appeasing India, undermining national security

    “We fail to understand why Bilawal is so keen on appeasing India,” he asked, alleging that the PPP chairman was proving time and again that he lacked political wisdom, vision and understanding of regional geopolitics.

    “Instead of holding India accountable for its continued aggression, water terrorism and cross-border interference, Bilawal was proposing CBMs that compromise Pakistan’s sovereignty and integrity,” he said.

    He emphasised that it was imperative to ask Mr Bhutto-Zardari on whose behalf he issued such a statement and what he intended to achieve by offering such concessions to a belligerent India by humiliating Pakistan on an international stage. Mr Akram also criticised the PPP chairman’s inconsistency.

    “Bilawal has become a symbol of confusion and contradiction in Pakistan’s foreign policy discourse,” he said. “PPP was founded by Zulfikar Ali Bhutto on the legacy of Kashmir, but today, Bilawal is betraying that legacy by pursuing political gains at the expense of Kashmiri blood.” Mr Akram went on to mock Mr Bhutto-Zardari’s political credentials, stating that leadership is earned, not built through media appearances and styling. “If PPP’s intelligentsia truly cares about Bilawal, they should let him contest local body elections first and appear on regional TV channels instead of being pushed on international media, where he only embarrasses Pakistan,” he stated.

    He said the PPP chairman would lead the party to complete elimination, advising that if the party wanted to survive, he must step aside and hand over its leadership to Aseefa Bhutto-Zardari, “who, at the very least, shows more promise and sense than him”.

    Published in Dawn, July 6th, 2025

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