Somalia declares order restored after two days of fighting in Mogadishu
Violence that paralysed two Mogadishu districts subsides, but opposition rejects president's rule and vows to fight on.
"RESTORED" · 총 86건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 87,728건을 분석한 결과, 뉴스 심리지수는 50.2(균형)입니다. 긍정 4,370건(5.0%)·중립 81,209건(92.6%)·부정 2,149건(2.4%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.7(중도 균형)입니다.
Violence that paralysed two Mogadishu districts subsides, but opposition rejects president's rule and vows to fight on.
A Kenyan mother shares how transferring her daughter from boarding to day school restored her confidence, improved her grades, and strengthened their bond.
‘Thanal’ eco-initiative launched; action promised against irregularities and to safeguard depositors
MOGADISHU, June 5 - Somali security forces have restored order in two districts of the capital, the information ministry said on Friday, a day after government troops and militias allied with opposition politicians fired at each other, forcing some civilians to flee.
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"Sensible forces in Europe, in Germany, understand that Nord Stream needs to be restored," the head of the Russian Direct Investment Fund said
The company said deliveries from the U.S. were restored in late May, with the first batch having already arrived in Russia.
ST. PETERSBURG (Sputnik) - Building a multipolar world requires an urgent reform of the United Nations and the restoration of its authority, Wang (Henry) Huiyao, president of the Center for China and Globalization, said on Thursday.
Russia is ready for such step, Valery Gergiev stressed
A restored and growing reserve is essential to deterrence, economic stability, and national security.
A judge praised the family, saying their stance has restored his faith in human decency.
Lloyds banking services fully restored after glitch left thousands locked out of accounts Britain’s biggest commercial bank, Lloyds Banking Group’s services have been fully restored after a temporary glitch caused disruptions affecting thousands of customers. A spokesperson for...
Prime Minister Shehbaz Sharif on Wednesday said that the government was taking measures to bring the informal economy into the tax net in the upcoming budget, the Prime Minister’s Office (PMO) said. The premier made the declaration during a meeting with a delegation of renowned businessmen and industrialists, where he exchanged views with them on the pace of the country’s economic growth and consulted with them over the upcoming budget. “You are the ambassadors of Pakistan,” the premier told the delegation, expressing gratitude for the business community’s support to the government in “difficult economic conditions”. PM Shehbaz noted that a “strong partnership” with the private sector was a “guarantee of economic growth”, and underscored the “utmost importance” of consulting with them over policymaking for the economy. “We are on the path of export-led growth,” the premier remarked, adding that export-led growth was “core” of Pakistan’s economic policy. He told the businessmen that the government was taking actions to bring the informal economy into the tax net, as well as measures aimed at providing relief to the public in the upcoming budget. He noted that the government’s business-friendly policies have made the economy stable and restored foreign investor confidence. PM Shehbaz further outlined plans to promote industries that “increase domestic production, boost exports, and create maximum job opportunities”. “Development in industry, agriculture, and information technology will further stabilise the economy and create new employment opportunities,” the prime minister was quoted as saying. He added that the government had also launched programmes for “technical and vocational training” of the youth to promote employment opportunities. During the meeting, the delegation was “briefed on government’s measures to promote business, industry and trade,” the PMO said. They were informed that reforms were being brought to “tax tribunals for expeditation of tax cases”. “Recruitments in these tribunals have been made through an extremely transparent process,” the delegation was told. They were also briefed that a committee has been formed for the “establishment of special commercial courts”. The delegation was also told that work was underway on the “upgradation of M-10 Motorway and paperless freight corridor to improve inland access from Karachi’s ports”. The business community was further informed that the construction of M-13 Motorway (Kharain-Rawalpindi) will minimise the travel distance between Lahore and Islamabad. As per the statement, the delegation was also briefed on the upgradation of ML-1 and ML-2 railway projects. On artificial intelligence (AI), they were informed that a “National AI Transformation Plan” was being developed. During the meeting, the delegation was briefed that “the installation of video analytics in the sugar and cement sector” had improved revenue collection. According to the handout, the business delegation lauded the prime minister and his team for their diplomatic efforts “to restore peace in the region” — an apparent reference to Pakistan’s role in mediating between the United States and Iran amid the conflict in the Middle East. As per the statement, the leaders expressed faith in Pakistan’s economic recovery and fiscal management under PM Shehbaz’s leadership and thanked him for “setting the economy on the right path and providing the business sector a conducive environment”. The delegation also appreciated the “vision to promote digital payments and a documented economy”. Business leaders also expressed support for measures aimed at “tax reforms and ease of business operations”. “Business leaders expressed gratitude to the prime minister for reducing electricity tariffs for industries, abolishing the export development levy, and ensuring timely payment of tax refunds,” as per the PMO. The move to take the business community into confidence over the upcoming budget was appreciated during the meeting, it said. “Business leaders presented their recommendations to the prime minister on strengthening the economy and on the budget, offering “full cooperation” to the government on economic development. “Participants in the delegation appreciated the government’s commitment to industrial development, increasing exports, and creating new employment opportunities,” PMO added. The delegation included notable businessmen, including Arif Habib, Atif Bajwa, Zeelaf Munir, Muhammad Ali Tabba, Musadaq Zulqarnain, Mian Muhammad Mansha, and Ziad Bashir, among others. Federal ministers Rana Tanveer Hussain, Azam Nazeer Tarar, Musadik Malik, Ahad Khan Cheema, Attaullah Tarar, Shaza Fatima Khawaja, Ali Pervaiz Malik and Awais Leghari were also present.
This sponsored article is brought to you by Black & Veatch. The biggest challenge facing utilities today isn’t what it seems. It’s not demand, even as load growth accelerates. It’s not extreme weather, even as “major events” become routine. It’s not cybersecurity, even as connections expand across the grid. The real challenge is this: Distribution systems were designed for a different reality. Long gone are the days of predictable demand, one-way power flow and isolated disruptions. At Black & Veatch, we see that leading utilities are no longer debating whether to modernize. They’re deciding how quickly they can do it, and how to do it at scale. Across grid modernization programs globally, three truths consistently emerge. They define what it takes to prepare the distribution system for what’s next: 1. Outage response is not a resilience strategy Resilience is being redefined in real time. A strategy centered on mobilizing crews and restoring service as quickly as possible is reactive, and increasingly insufficient. Resilience has to shift upstream into integrated system design. That starts with hardening. Stronger poles, undergrounding and structural upgrades all have a role, particularly in high-risk corridors. We’re also seeing meaningful gains from how the network is configured and how quickly it can respond without waiting on manual intervention. This is where distribution automation programs can change outcomes. Strategically placed reclosers, automated switches and fault indicators help contain disruptions before they spread. When combined with feeder reconfiguration and updated protection strategies, distribution automation investments allow utilities to set more aggressive recovery targets and achieve measurable reductions in outage duration and customer impact. 2. Future-readiness depends on DERs at scale Forecasting is less and less reliable. Only 19 percent of utilities report strong confidence in their ability to predict future load growth, according to the Black & Veatch 2025 Electric Report. Distributed Energy Resources (DERs) like solar, storage, EVs and behind-the-meter generation are exciting solutions; but they fundamentally change how the system operates. Power is no longer just delivered. It’s injected, stored and redirected in ways the system was never designed to manage. At scale, these challenges show up quickly — particularly on feeders where distributed generation is approaching or exceeding hosting capacity. Protection coordination becomes more difficult when fault current comes from multiple directions. Voltage becomes less predictable as generation fluctuates throughout the day. And planning models must now account for highly variable, location-specific behavior. Distribution modernization is fundamentally changing how the system is designed and operated so it can absorb disruption, manage bi-directional flows and respond in real time. Adapting to bi-directional power flow requires more than incremental updates. Leading utilities are responding by building flexibility into the system, moving beyond static assumptions toward dynamic hosting capacity and interconnection studies, planning that incorporates DER, EV adoption and localized load growth, and infrastructure aligned with the communications and control needed to manage it. 3. The edge must be intelligent, visible and secure As system stress and complexity increase, utilities need far greater visibility and control over the network. Historically, utilities relied on customer calls, Supervisory Control and Data Acquisition (SCADA) at the substation level and field crews to understand what was happening on the system. That model doesn’t hold up. You can’t effectively manage a system you can’t see. Plus, the most critical events are increasingly happening beyond the substation — on feeders, laterals, and at the edge where DER and customer behavior are interacting with the grid. Grid-edge technologies have become essential. Sensors, Advanced Metering Infrastructure (AMI) and automated switching provide the raw data and control needed to move from reactive to proactive operations. In more advanced deployments, utilities are creating centralized control environments that allow operators to see and manage the distribution system in near real time. That capability is enabled by: Advanced communications networks to form the backbone of real-time grid visibility Distribution Management System (DMS) and Outage Management System (OMS) to enable faster, more coordinated system response Analytics, AI and machine learning to improve situational awareness, anticipate system conditions, and support operational decision-making The same connectivity enabling this real-time visibility and control also introduces new vulnerabilities, blurring the line between physical and cyber risk, yet many utilities manage them separately. Only 22 percent have unified teams in place, even as threats continue to rise, including a 50 percent increase in substation attacks and growing exposure to malware and ransomware, according to the Black & Veatch 2025 Electric Report. Cybersecurity and resilient network design must be embedded into the architecture from the outset—not layered on after the fact. See what bolder vision looks like Distribution modernization is fundamentally changing how the system is designed and operated so it can absorb disruption, manage bi-directional flows and respond in real time. To learn about a successful program, check out Georgia Power’s recent grid modernization program. Black & Veatch partnered with the utility on large-scale infrastructure upgrades. The results? Outages are down 76 percent, restoration times have improved by more than 80 percent and communities across Georgia are powered by a grid built to meet the future head-on. When the state faced the most destructive storm in the company’s history, Hurricane Helene, Georgia Power deployed a rapid response team that utilized its “smart grid” and restored power to more than 1 million customers within days. A grid built to meet the future head-on—that’s the result of bolder vision.
Prime Minister Shehbaz Sharif on Wednesday said that the government was taking measures to bring the informal economy into the tax net in the upcoming budget, the Prime Minister’s Office (PMO) said. The premier made the declaration during a meeting with a delegation of renowned businessmen and industrialists, where he exchanged views with them on the pace of the country’s economic growth and consulted with them over the upcoming budget. “You are the ambassadors of Pakistan,” the premier told the delegation, expressing gratitude for the business community’s support to the government in “difficult economic conditions”. PM Shehbaz noted that a “strong partnership” with the private sector was a “guarantee of economic growth”, and underscored the “utmost importance” of consulting with them over policymaking for the economy. “We are on the path of export-led growth,” the premier remarked, adding that export-led growth was “core” of Pakistan’s economic policy. He told the businessmen that the government was taking actions to bring the informal economy into the tax net, as well as measures aimed at providing relief to the public in the upcoming budget. He noted that the government’s business-friendly policies have made the economy stable and restored foreign investor confidence. PM Shehbaz further outlined plans to promote industries that “increase domestic production, boost exports, and create maximum job opportunities”. “Development in industry, agriculture, and information technology will further stabilise the economy and create new employment opportunities,” the prime minister was quoted as saying. He added that the government had also launched programmes for “technical and vocational training” of the youth to promote employment opportunities. During the meeting, the delegation was “briefed on government’s measures to promote business, industry and trade,” the PMO said. They were informed that reforms were being brought to “tax tribunals for expeditation of tax cases”. “Recruitments in these tribunals have been made through an extremely transparent process,” the delegation was told. They were also briefed that a committee has been formed for the “establishment of special commercial courts”. The delegation was also told that work was underway on the “upgradation of M-10 Motorway and paperless freight corridor to improve inland access from Karachi’s ports”. The business community was further informed that the construction of M-13 Motorway (Kharain-Rawalpindi) will minimise the travel distance between Lahore and Islamabad. As per the statement, the delegation was also briefed on the upgradation of ML-1 and ML-2 railway projects. On artificial intelligence (AI), they were informed that a “National AI Transformation Plan” was being developed. During the meeting, the delegation was briefed that “the installation of video analytics in the sugar and cement sector” had improved revenue collection. According to the handout, the business delegation lauded the prime minister and his team for their diplomatic efforts “to restore peace in the region” — an apparent reference to Pakistan’s role in mediating between the United States and Iran amid the conflict in the Middle East. As per the statement, the leaders expressed faith in Pakistan’s economic recovery and fiscal management under PM Shehbaz’s leadership and thanked him for “setting the economy on the right path and providing the business sector a conducive environment”. The delegation also appreciated the “vision to promote digital payments and a documented economy”. Business leaders also expressed support for measures aimed at “tax reforms and ease of business operations”. “Business leaders expressed gratitude to the prime minister for reducing electricity tariffs for industries, abolishing the export development levy, and ensuring timely payment of tax refunds,” as per the PMO. The move to take the business community into confidence over the upcoming budget was appreciated during the meeting, it said. “Business leaders presented their recommendations to the prime minister on strengthening the economy and on the budget, offering “full cooperation” to the government on economic development. “Participants in the delegation appreciated the government’s commitment to industrial development, increasing exports, and creating new employment opportunities,” PMO added. The delegation included notable businessmen, including Arif Habib, Atif Bajwa, Muhammad Ali Tabba, Musadaq Zulqarnain, Mian Muhammad Mansha, Ziad Bashir, among others. Federal ministers Rana Tanveer Hussain, Azam Nazeer Tarar, Musadik Malik, Ahad Khan Cheema, Ataullah Tarar, Shaza Fatima Khawaja, Ali Pervaiz Malik and Awais Laghari were also present.
• Economists see little room for growth under IMF programme • Economy stuck in low-growth equilibrium as consumers’ purchasing power erodes • Exports, energy costs, policy inconsistency remain major hurdles WITH the government preparing to roll out its third budget, the economy appears trapped between two competing imperatives: preserving fragile macroeconomic stability to avoid another balance-of-payments crisis and reviving growth to create jobs and alleviate poverty. While the government continues to flaunt stabilisation as an achievement in itself, a sense of “stabilisation fatigue” appears to have settled in among businesses and households. The fatigue stems from a simple reality: Pakistan has spent much of the last three years managing crises rather than building sustainable growth drivers. No wonder the economy remains stuck in repeated cycles of adjustment and a low-growth equilibrium — stable enough to avoid collapse, but too weak to generate prosperity. The IMF-mandated adjustment policies — tight monetary policy, fiscal contraction, demand compression, import controls, and energy price hikes — have helped restore external stability, narrow the twin deficits, moderate inflation, and bring back some semblance of macroeconomic order. But the social and economic costs of prolonged stabilisation are now more visible than its benefits. Industries continue to operate below capacity, businesses remain hesitant to invest and consumers continue to struggle with eroded purchasing power. For most Pakistanis, the lived economy remains far harsher than the official narrative of recovery suggests. Several deep-rooted weaknesses continue to obstruct any transition towards sustainable growth. Exports remain weak, energy costs and inefficiencies continue to undermine industrial competitiveness, policy inconsistency deters investment and high interest rates have compressed private-sector activity. A large portion of government revenues is absorbed by debt servicing, defence spending and subsidies, leaving limited fiscal space for development, relief and industrial support. The upcoming budget is unlikely to break the economy away from this path of austerity. Growth prospects offer little comfort. Some analysts believe GDP growth in FY27 could remain closer to 3-3.5pc if crude oil prices stay elevated amid prolonged Middle East tensions, well below the government’s target of 4.1pc. Average growth over the last three years has remained below 2pc. The budget will almost certainly be framed within the IMF’s Extended Fund Facility, analysts at Topline and JS Global, two Karachi-based brokerage firms, wrote in their pre-budget analyses. They said the government would target a fourth consecutive primary surplus, push for stronger revenue mobilisation and pursue fiscal restraint. Little room for growth Development economist Naved Hamid sees little room for growth under the IMF programme. “We don’t really have any room. This budget will be an austerity budget like before,” he said. Economist Waqar Wadho is also not hopeful about the economy moving out of its low-growth mode. “The biggest issue remains structural problems. They are exactly where they were before. Even targeting 3-5pc growth would be a marginal change, not a major shift,” he said. He said growth would remain elusive because it was not the IMF’s mandate. “The IMF’s mandate is stabilising external balance. Under an IMF programme, growth-oriented policy is simply not possible,” he said. The constraints facing growth are serious. The revenue target for next year, for example, has been upgraded by the IMF to quantitative performance criteria, a binding commitment rather than a soft benchmark. This further tightens the screws around the government after repeated failures to meet targets. Pakistan Banks Association Chairman Zafar Masud said the problem lay deeper than collection shortfalls. “The centre of gravity of our economic problems is unsustainable government finance,” he said. “The issue is not the scale of government spending per se. The issue is the weakness of revenue generation, cross-subsidy and its leakages and fiscal efficiency. The FY27 budget is an opportunity to break Pakistan’s recurring low-growth, high-debt equilibrium.” This raises the uncomfortable question: stabilisation for what? Mr Masud believes growth is possible even under the IMF programme. “The IMF programme buys stability, not growth. Stability is necessary, but growth is what ultimately reduces poverty and improves living standards. It’s the micro-economic interventions which can bring the necessary growth. With limited fiscal space, leveraging private-sector funding becomes a game-changer for achieving the economic multiplier,” he said. Mr Hamid agreed that some room existed for improvement, but he sounded less optimistic. “Yes, there is some room to improve even under the IMF programme. But whether you look at private-sector investment, early indicators or any visible government strategy, I do not see anything big or substantial happening,” he said. The recently released Shadow Economic Survey 2026-27, published by an Islamabad-based think tank financed by a business lobby, acknowledged that stabilisation was necessary. However, it warned that stabilisation was defensive economics; it may prevent collapse, but it does not automatically generate growth, jobs, investment or prosperity. Many business leaders say it is unfortunate that economic success is now measured through reserve accumulation, current account balances and IMF review completions. Managing immediate crises appears to have taken precedence over pursuing a growth agenda. This may reassure lenders and financial markets, but it cannot satisfy a population facing declining real incomes and disappearing jobs. Mr Masud described the current economic predicament as a failure of policy design. “Pakistan’s recurring balance-of-payments crises are downstream symptoms of unresolved structural fiscal distortions — distortions that have been patched in the past rather than fixed,” he said. Beyond stabilisation Pakistan’s growth predicament stems from an economic model dependent on imports and external financing. Historically, whenever growth accelerates beyond a modest threshold, imports surge because the domestic industry relies heavily on imported machinery and inputs, while exports fail to keep pace. The current account deficit widens, foreign exchange reserves come under pressure and the country eventually returns to the IMF for another bailout. The deeper structural weaknesses remain unresolved. Aware of public pressure, the government is reportedly considering limited relief measures for salaried classes and compliant businesses despite fiscal constraints. These concessions, however modest, could create an additional revenue gap. Mr Wadho is sceptical that any meaningful relief will materialise. “They are unable to broaden the tax base, so there will be pressure. For public optics, they may trim a few headline items here and there. But then they will squeeze people indirectly, say, in the form of an even higher petroleum levy, and everyone will feel that,” he said. Mr Masud argued that Pakistan should widen the tax base rather than continue raising tax rates. “Tax-base expansion without punitive rates should be one of the defining objectives of the coming budget. Sustainable deficit reduction requires stronger revenue generation and lower leakages, not higher tax rates,” he said. Business leaders argue that the IMF programme can provide temporary stability and policy discipline, but it cannot substitute for a long-term national growth strategy based on reforms. “Confidence cannot be restored through macroeconomic management alone,” a textile exporter said, adding that public belief had weakened that economic sacrifices today would eventually lead to tangible improvements in living standards. Economists say Pakistan does not need another stabilisation budget dressed in the language of reform. It needs a redesign of its growth model: from consumption-driven, import-financed expansion to export-oriented, productivity-led growth. Such a transformation requires reforms that successive governments have continued to delay because they are politically costly and slow to yield visible rewards. The new budget will be judged not by whether it satisfies the IMF’s performance criteria, but by whether it offers any credible signal that Pakistan is finally charting a course beyond mere survival. As Wadho put it: “The choice before the budget makers is clear: reform, delay or another lost cycle.” Published in Dawn, June 3rd, 2026
Eight bottles of a legendary French wine that survived World War II and decades of communist rule hidden under a Czech castle floor have been lovingly restored by the chateau that produced them some 130 years ago.
ISLAMABAD: The National Accountability Bureau (NAB) has returned over Rs6 billion to the Khyber Pakhtunkhwa government in a multi-billion-rupee fraud case in Upper Kohistan. An inquiry authorised by NAB in April 2024 revealed large-scale misappropriation of public funds in Upper Kohistan. Investigators established that more than Rs37bn had been embezzled through manipulation of treasury instruments and misuse of official financial procedures over nearly a decade. The funds were recovered following an extensive investigation by NAB’s KP director general and a Combined Investigation Team (CIT). At a ceremony, NAB Chairman Lt-Gen (retd) Nazir Ahmad formally handed over the recovered funds to the KP chief secretary, marking the first phase of a broader recovery process. The assets handed over to the provincial government include cash holdings, precious metals, high-value commercial and residential properties and luxury vehicles identified during the investigation. Addressing the ceremony, the NAB chief praised the investigators’ professionalism and dedication, deeming the case a significant example of the anti-graft body’s institutional resolve against corruption. “This investigation demonstrates that complex financial crimes can be effectively detected, investigated, and prosecuted through professional, evidence-based accountability mechanisms,” he said. “The recovery of these assets reflects our commitment to ensuring that public resources are protected and restored for the benefit of citizens.” Ahmad further acknowledged the leadership of the NAB KP for conducting an extensive financial investigation that resulted in substantial recoveries and the identification of assets linked to the alleged fraud. Through advanced financial tracing, forensic analysis, and coordinated investigative efforts, NAB KP successfully identified complex money trails, scrutinised over 1,500 bank accounts and traced assets allegedly acquired illegally. A major breakthrough was achieved when investigators uncovered a key account of government contractor Mumtaz Khan allegedly used to channel illicit funds. Financial records revealed transactions amounting to approximately Rs17bn through the district accounts office within months. Intervention by NAB KP resulted in the freezing of funds and prevented further misappropriation of public assets. The investigation resulted in significant recoveries, including assets surrendered through plea bargains and the freezing of assets linked to the alleged fraud. NAB said the total amount traced during the investigation exceeded Rs37bn, with the bureau freezing assets worth over Rs27bn. Assets recovered through plea bargains were worth over Rs10bn. In March this year, an accountability court in KP approved a plea bargain of Rs49.125 million for an accused in the high-profile case. Judge Mohammad Zafar ordered the release of accused Jibran Malik, the owner of a construction firm, if he was not required in any other case.
DTEK, Ukraine's largest private energy company, has restored electricity to 140,000 households in Kyiv that had been left without power after Russia's attack on the night of 1-2 June.