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<p>UNITED NATIONS: Pakistan told the UN Security Council (UNSC) on Tuesday that the massive smuggling of dollars to Afghanistan has had a devastating impact on its economy and currency, calling upon the world body to help revive the Afghan economy and the banking system.</p>nn<p>At the special UNSC session, UN Special Representative for Afghanistan Roza Otunbayeva urged the international community to hold talks with the country’s de facto rulers because “dialogue is not recognition” attitude was needed to resolve various issues. </p>nn<p>But the representative of the former Afghan government opposed the UN suggestion and instead urged the council to “sustain pressure on Taliban” to make them end “the apartheid” they have imposed on women and girls. </p>nn<p>“The massive smuggling of dollars from Pakistan to Afghanistan has had a devastating impact on Pakistan’s economy and currency,” UN envoy Munir Akram told the council. </p>nn<p>The ambassador pointed out that the rupee “stabilised” and regained some of its strength after Pakistan launched a crackdown on money smuggling. </p>nn<p>Underlining the impact of a weak Afghan economy on Pakistan, Ambassador Akram urged the world body to help revive the banking system in Afghanistan, release and return the country’s assets held abroad and provide financial support for development projects. </p>nn<p>“We look forward to early implementation of the shovel-ready regional connectivity projects between Pakistan-Afghanistan-Central Asia as well as Pakistan-China and Afghanistan,” he said. </p>nn<p><strong>TTP threat</strong></p>nn<p>The ambassador argued that for Pakistan, the “immediate and major threat” was posed by the Tehreek-i-Taliban Pakistan (TTP) as it was behind a series of cross-border terrorist attacks.</p>nn<p>“We have been assured that action has been taken against TTP elements involved (in recent attacks) and further steps will be taken to prevent TTP terrorism against Pakistan,” Munir Akram said. “Pakistan will welcome these steps once credibly implemented.” </p>nn<p>Ambassador Akram argued that unless the TTP, and other terrorist groups, were neutralised, they would continue to pose a threat to Afghanistan’s neighbours and the international community. </p>nn<p>Otunbayeva, the UN Special Representative, told the Security Council that the international community must continue to engage with Taliban in Afghanistan despite “deep disagreement” with their approach to women’s rights and inclusive governance. </p>nn<p>She cited a UN report based on more than 500 interviews with Afghan women, 46 per cent of whom said the Taliban should not be recognised under any circumstances. </p>nn<p>“The question, however, is whether to continue engaging with the de facto authorities despite these policies, or to cease engaging because of them,” she said. </p>nn<p>“Dialogue is not recognition. Engagement is not acceptance of these policies. On the contrary, dialogue and engagement are how we are attempting to change these.” </p>nn<p><em>Published in Dawn, September 27th, 2023</em></p>
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<p>WASHINGTON: A top US antitrust regulator sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.</p>nn<p>The highly anticipated lawsuit is another test for the Biden administration as it tries to curb the power of big tech in the face of pushback from US courtrooms.</p>nn<p>“Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies,” said Federal Trade Commission Chair Lina Khan.</p>nn<p>The FTC, which was joined by 17 US states in the case, said Amazon broke antitrust laws in two ways, both involving its “marketplace” which links outside sellers to buyers through its platforms.</p>nn<p>In the first instance, the case alleges Amazon punishes companies using its platform that sell items elsewhere at lower prices by downranking their products on the site.</p>nn<p>It also coerces sellers into signing on to Amazon’s “costly” logistics service to be exposed to Prime customers who are the site’s biggest and most catered-to users, the FTC said.</p>nn<p>“Amazon is a monopolist that uses its power to hike prices on American shoppers and charge sky-high fees on hundreds of thousands of online sellers,” said John Newman, Deputy Director of the FTC’s Bureau of Competition.</p>nn<p>“Seldom in the history of US antitrust law has one case had the potential to do so much good for so many people,” he added.</p>nn<p>Amazon said it firmly rejected the premise of the case.</p>nn<p>“Today’s suit makes clear the FTC’s focus has radically departed from its mission of protecting consumers and competition,” said David Zapolsky, Amazon’s Senior Vice President of Global Public Policy.</p>nn<p>“The lawsuit filed by the FTC today is wrong on the facts and the law, and we look forward to making that case in court,” he added.</p>nn<p>Small business groups backing the case, hailed the lawsuit.</p>nn<p><strong>‘Utterly dominated’</strong> </p>nn<p>“E-commerce should be a dynamic sector with numerous marketplaces vying to attract both sellers and shoppers. Instead, it’s utterly dominated by a single firm,” said Stacy Mitchell, Co-Executive Director of the Institute for Local Self-Reliance.</p>nn<p>The FTC has had Amazon in its sights for a few years.</p>nn<p>Last June, the FTC filed a complaint against Amazon for “entrapping consumers” with its Prime subscription, which renews automatically and is complicated to cancel.</p>nn<p>The FTC has also attacked the group over its respect for data confidentiality, and last May Amazon agreed to pay more than $30 million over allegations of snooping on its security camera Ring.</p>nn<p>The case is hugely symbolic for Khan, who made her name in academia for questioning whether antitrust laws were fit for purpose in the digital age in a paper titled “Amazon’s Antitrust Paradox”.</p>nn<p>Her celebrated paper was a retort to a seminal work by conservative scholar Robert Bork that said enforcers of fair competition should stand down unless a clear risk of higher prices and a threat to consumers could be proven.</p>nn<p>Written in the 1970s, that philosophy guided the government’s attitudes and influenced the judges to decide the biggest cases today.</p>nn<p>US President Joe Biden in 2021 picked Khan to lead the agency in charge of safeguarding the interest of consumers and preserving a level playing field for businesses.</p>nn<p><em>Published in Dawn, September 27th, 2023</em></p>
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<p>BEIRUT: Fighters loyal to the Syrian government clashed with Kurdish-led forces in a mainly Arab district of eastern Syria, leaving 25 people dead in two days, a war monitor said on Tuesday.</p>nn<p>The Kurdish-led Syrian Democratic Forces (SDF), who are backed by Washington, said they had “driven out the regime gunmen who had infiltrated the Dheiban area” of Deir Ezzor province in the gun battles which erupted on Monday.</p>nn<p>Earlier this month, the same area saw 10 days of fighting between the SDF and armed Arab tribesmen in which 90 people were killed.</p>nn<p>Britain-based monitor the Syrian Observatory for Human Rights said the latest clashes erupted when pro-government fighters crossed the Euphrates river, which separates pro-government forces in south-western Deir Ezzor from the SDF in the northeast.</p>nn<p>It said 21 of the dead were Damascus loyalists and three were SDF fighters. A woman was also killed. The SDF said the loyalist fighters had crossed the Euphrates “under cover of an indiscriminate bombardment” of its positions.</p>nn<p>The SDF riposted by bombarding the right bank of the river which is controlled by government troops with support from Iran-backed militias, the Observatory said.</p>nn<p>The clashes earlier this month erupted after the SDF’s arrest in late August of a local Arab military commander who had previously been an ally. The SDF said at the time that it had driven out the detained commander’s supporters among the area’s Arab tribes.</p>nn<p><em>Published in Dawn, September 27th, 2023</em></p>
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<p>ISLAMABAD: Pakistan and Germany on Tuesday signed the first draft of an agreement for the elimination of double taxation on income and the prevention of tax evasion between the two countries.</p>nn<p>The delegates of both countries met here for the first round from Sept 18-22 to reach broader parameters of the re-negotiations of the treaty.</p>nn<p>An official announcement said that the Federal Board of Revenue (FBR) initiated re-negotiations on the agreement and reached a mutual agreement on key articles of the draft agreement. </p>nn<p>The existing agreement for the avoidance of double taxation between Pakistan and Germany was signed in 1994 and requires revision to cater to changing tax rules and regulations as per international and domestic needs.</p>nn<p>The revised agreement once finalised will not only strengthen the existing safeguards against double taxation on the income of the residents of both countries without creating opportunities for non-taxation or reduced taxation through abusive arrangements.</p>nn<p>It will also promote economic cooperation, strengthen the existing bilateral economic relations and enhance investments in both countries while ensuring adequate certainty for taxation rules applicable to cross-border business transactions.</p>nn<p>Taxpayers of both countries will get relief from double taxation resulting in boosting the trading activities in both countries.</p>nn<p><em>Published in Dawn, September 27th, 2023</em></p>
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<p>NEW YORK: Donald Trump and his family business were found liable for fraud on Tuesday by a New York judge in state Attorney General Letitia James’ civil lawsuit, accusing the former US president of illegally inflating his assets and net worth.</p>nn<p>The decision was issued by Justice Arthur Engoron of the New York state court in Manhattan.</p>nn<p>James sued Trump in Sept 2022, accusing him and the Trump Organisation of lying for a decade about asset values and his net worth to get better terms on bank loans and insurance.</p>nn<p>She has said Trump inflated his net worth by as much as $2.23 billion, and by one measure as much as $3.6 billion, on annual financial statements given to banks and insurers. The attorney general said the assets whose values were inflated included Trump’s Mar-a-Lago estate in Florida, his penthouse apartment in Manhattan’s Trump Tower, and various office buildings and golf courses.</p>nn<p>Lawyers for Trump and the other defendants did not immediately respond to requests for comment.</p>nn<p>A Trump spokesperson also did not immediately respond to a request for comment on the ruling.</p>nn<p>Engoron said James had established liability for false valuations of several properties, including Mar-a-Lago and the penthouse, and chided Trump for offering defenses in a deposition that were “wholly without basis in law or fact.”</p>nn<p>“He claims that if the values of the property have gone up in the years since the (financial statements) were submitted, then the numbers were not inflated at that time,” Engoron wrote.</p>nn<p>“He also seems to imply that the numbers cannot be inflated be-cause he could find a ‘buyer from Saudi Arabia’ to pay any price he suggests.”</p>nn<p>A trial is scheduled for Oct 2, and could last well into December. The ruling by Judge Engoron is being seen a setback for the former president ahead of the trial, due to begin on Monday.</p>nn<p><em>Published in Dawn, September 27th, 2023</em></p>
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<figure class='media sm:w-11/12 w-full media–center media–uneven media–stretch'>n <div class='media__item '><picture></picture></div>n n <figcaption class="media__caption ">Palestinian president Mahmud Abbas receives the credentials of Saudi Arabia’s Ambassador to Palestine Nayef bin Bandar al-Sudairi, on Tuesday.—AFP</figcaption>n </figure>n<p> </p>nn<p>JERUSALEM: Israel’s Tourism Minister Haim Katz arrived in Saudi Arabia on Tuesday for the first such high-level public visit to the country amid talks to secure bilateral ties.</p>nn<p>“Katz is the first Israeli minister to head an official delegation in Saudi Arabia,” his ministry said in a statement, adding he would attend a United Nations World Tourism Organisation event in Riyadh.</p>nn<p>During the two-day visit he is due to hold meetings “with his counterparts”, Katz’s office said, without specifying which countries will be represented in such talks.</p>nn<p>The landmark visit comes as Saudi Arabia’s first ambassador to the Palestinians described a decades-old Arab land-for-peace offer as a pillar of any normalisation of ties with Israel, an apparent attempt to signal that Riyadh has not abandoned the Palestinian cause.</p>nn<blockquote>n <p>Riyadh sends envoy to occupied West Bank with assurance it has not abandoned Palestinian cause</p>n</blockquote>nn<p>Expectations of a landmark US-brokered Saudi-Israeli deal have grown over the last week, though the timing and terms remain murky.</p>nn<p>Nayef al Sudairi, who was appointed non-resident ambassador to the Palestinian territories last month, held talks with senior Palestinian officials, including President Mahmud Abbas.</p>nn<p>The diplomatic travels come as the United States presses its allies Israel and Saudi Arabia to normalise ties.</p>nn<p>Such a move would break Riyadh’s decades-long stance against recognising Israel before it resolves the conflict with the Palestinians.</p>nn<p>Among complicating factors are calls by Riyadh and Washington for the Palestinians to make diplomatic inroads as part of any deal — a prospect unpalatable to Israel’s hardline coalition government.</p>nn<p>Saudi Arabia’s non-resident ambassador to the Palestinians _ a role it unveiled last month _ made a first visit to their seat of government in the occupied West Bank on Tuesday, presenting credentials also designating him “consul-general in Jerusalem”.</p>nn<p>That title is touchy as Israel considers all of Jerusalem its own capital and rejects the Palestinians’ claim on East Jerusalem as capital of their hoped-for future state.</p>nn<p>The ambassador, Nayef Al Sudairi, told reporters in Ramallah his visit “reaffirms that the Palestinian cause and Palestine and the people of Palestine are of high and important status and that in the coming days there will be a chance for a bigger cooperation between Saudi Arabia and the state of Palestine”.</p>nn<p>Referring to the prospect of normalisation with Israel, Al Sudairi said: “It is the normal thing among nations to have peace and stability.</p>nn<p>“The Arab initiative, which Saudi Arabia presented in 2002, is a fundamental pillar of any upcoming agreement.”</p>nn<p>That referred to a proposal aired by Riyadh, and later adopted by Arab states widely, under which Israel would get pan-Arab recognition only if it quit territories captured in the 1967 war, including lands where the Palestinians want their state.</p>nn<p>Israel has been keen to pursue more deals with Arab states without giving up land, having won normalisation from the United Arab Emirates and Bahrain, and upgraded ties with Morocco and Sudan, in 2020 despite talks with the Palestinians having been frozen for years.</p>nn<p>Dismayed at being sidelined in the 2020 diplomacy, the Palestinians have taken a more active role in the Saudi talks.</p>nn<p>In a statement published by the official Palestinian news agency Wafa, President Mahmud Abbas said Al Sudairi’s visit “will contribute to reinforcing the strong ties between the two countries and the two fraternal peoples”.</p>nn<p>Israeli Foreign Minister Eli Cohen told a radio network on Tuesday that any Saudi normalisation deal “will be one supported by the right wing” — a reference to religious-nationalist parties in Prime Minister Benjamin Netanyahu’s coalition that refuse to cede occupied West Bank land to Palestinians.</p>nn<p><em>Published in Dawn, September 27th, 2023</em></p>
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Prince William, Kate Middleton &#039;shut out&#039; Harry and Meghan for good
Kate Middleton and Prince William have found a new couple to replace Prince Harry and Meghan Markle
Julia Fox reveals there &#039;wasn&#039;t any&#039; physical intimacy with ex Kanye West
Kanye West briefly dated Julia Fox immediately following his contentious divorce from Kim Kardashian
How much Ryan Gosling was paid for &#039;Barbie&#039; role?
Ryan Gosling’ starrer 'Barbie' became one of the highest-grossing worldwide