Moscow formally recognises Islamic Emirate of Afghanistan

MOSCOW: Moscow has formally recognised the Islamic Emirate of Afghanistan, said the Russian Foreign Ministry, Russian News Agency (TASS) reported. According to a ministry representative, the Foreign Ministry confirmed this when asked to comment on reports about Russia’s decision to recognise the country. The Russian ambassador in Afghanistan, Dmitry Zhirnov, said Russian President Vladimir Putin…

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Trump’s ‘big, beautiful bill’ provides windfall for US immigration crackdown

The tax and spending bill earmarks $46.4bn for operations at the US-Mexico border wall © AFP or licensors President Donald Trump’s “big, beautiful bill” will pump tens of billions of dollars into law enforcement, delivering an unprecedented bonanza for the agencies behind the US administration’s crackdown on undocumented immigrants. Moments after the bill passed through…

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New Delhi says fuel ban on old vehicles not feasible

NEW DELHI: Two days after India’s capital stopped fuel sales to ageing vehicles to tackle the sprawling megacity’s hazardous air pollution, authorities on Thursday said the ban was not practical. New Delhi is regularly ranked as one of the most polluted capitals globally with vehicular emissions being one of the worst offenders, according to several…

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Markets surge after Starmer confirms Reeves’ long-term role and reiterates fiscal discipline

UK financial markets rebounded sharply today after Prime Minister Keir Starmer publicly backed Chancellor Rachel Reeves and reaffirmed commitment to fiscal rules. The announcement reversed mid-week losses triggered by investor anxieties over Reeves’ future, boosting gilt prices, stabilising the pound, and lifting equities. 📊 Market Moves 🔍 The Trigger 💼 Expert Insight 🔮 What’s Next

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Abu Dhabi makes history with MENA’s first blockchain‑based bond via ADX, FAB & HSBC

The Abu Dhabi Securities Exchange (ADX) has taken a major leap in financial innovation by initiating the listing and pricing of the Middle East and North Africa’s first distributed ledger technology (DLT)-based bond. Issued by First Abu Dhabi Bank (FAB) and executed on HSBC’s Orion platform, this groundbreaking move marks a strategic shift towards tokenized…

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