British authorities agree to extradite Ishaq Dar

Special Assistant to the Prime Minister on Accountability Shahzad Akbar has claimed that British authorities have agreed to extradite former finance minister Ishaq Dar to Pakistan under a memorandum of understanding. While the response from the UK government was positive, extradition documents for Dar have yet to be signed. Once signed, Dar will be repatriated to Pakistan.

Qatar plans on investing $22 billion in Pakistan

Qatari Emir Sheikh Tamim bin Hamad Al-Thani is scheduled to visit Pakistan on June 23 and will confirm details of a $22 billion investment in various sectors of Pakistan. Minister for Railways Sheikh Rasheed has confirmed visit of the Qatari Emir and the investment as well. Earlier, Pakistan had proposed 30 projects to the Qatar government and investors.

Facebook launches digital currency named Libra

Dozens of financial, non-profit companies have joined hands with Facebook to put forward a new cryptocurrency, Libra that will allow billions of users to make financial transactions globally. With Libra, Facebook aims to free its users of traditional banking methods. The technology will allow users to send money as well as make payments for goods and services. Source: TheGuardian

$918m loan agreement signed between Pakistan and World Bank

Adviser to the Prime Minister on Finance Dr Hafeez Sheikh oversaw the signing ceremony of three loan agreements. The first tranche worth $400 million is targeted at raising revenue to contribute to a sustainable increase in domestic income by broadening the tax base and facilitating compliance. Another $400m agreement is a higher education development programme pursuing to nurture academic excellence.

Sania and Veena’s Twitter feud gets ugly

It all started when Sania Mirza came out in defence of her husband’s viral video sitting at a Sheesha Bar, to which Veena Malik showed concern for her baby and the cricket team’s health. The tweet led to a clash between the two with Sania saying she doesn’t need parenting tips and telling Veena to mind her own business.

Sarfraz claims players are lobbying against captaincy

The 32-year-old Pakistan cricket team captain, Sarfraz Ahmed has accused Imad Wasim, Wahab Riaz, Babar Azam, Imam-ul-Haq and Shoaib Malik for conspiring against his captaincy and willingly not playing well especially in the India vs Pakistan match. Apparently, the lobby within the team wants Imad Wasim to be the captain after the World Cup.

Around 100,000 trees burnt down in KP wildfires

Many of the trees planted under the Billion Tree Tsunami campaign by KP government in the last two years, have incinerated in wildfires erupting over the past two months. Reportedly, the wildfires erupted after some individuals wittingly set bushes and trees on fire in Swabi, Mardan, and Swat areas of the province, causing huge loss to the ecosystem.

The sky rains diamonds on Neptune and Uranus.

Scientists believe that extreme high pressures on Neptune and Uranus squeeze carbon atoms in the atmosphere, allowing diamond rain to fall. The diamonds eventually sink into the planet, coming to rest at its solid core, forming a layer of diamond around it. Much larger diamonds may even form there, some speculate, perhaps weighing hundreds or even thousands of pounds.

Saudi launches probe into ‘halal’ nightclub

Saudi Arabia’s first mixed men and women night club, termed as #JeddahDisco, was closed on its opening event as authorities claimed the venue had not received necessary license to operate. The halal disco also had a “halal bar” and shisha that ranged from 370 to 500 Saudi riyals (PKR15500 – PKR21000), videos from inside of the club showed.

Boxer Amir Khan hopes to avenge Pakistan’s World cup defeat

British-Pakistani boxer Amir King claimed that he will avenge Pakistan’s loss against India in the World Cup match by knocking India’s boxer Neeraj Goyat in their upcoming fight in Saudi Arabia on July 12. Khan also offered to help Pakistan cricket team by giving fitness advise as he believes the team has talent but lacks strength and focus.