Pakistan News

US President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from digital assets that have benefitted from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, his annual disclosure for 2025 with the US Office of Government Ethics, disclosed that his companies received almost $800 million from World Liberty Financial, a crypto venture he and his sons co-founded. That income, which the president splits with family members, included more than $520m from sales of crypto tokens and more than $250m from the sale of interests in the World Liberty business. Trump reported another $635m from the sale of his Trump meme coins. The news underlines how crypto has transformed the president’s fortunes. In his disclosure a year ago, for example, the president reported $57.35m from token sales at World Liberty, which then leaped nine-fold in this year’s fi...

THERE is an ongoing heated debate centred on the need, or otherwise, of enacting a new constitutional construct for Karachi. The tone of the debate is mostly political, rooted in the never-ending power- and resource-sharing conflicts between the federation and provinces. As always, these political contestations lack focus on what really ails this city. Karachi presently stands out as the antithesis of a liveable city. Sprawling endlessly, automobile-dependent, with half the population living in slums, and rapidly losing its green cover — this is the current state of urban affairs. However, arguments over the city’s plight, despite being confrontational, can, if properly channelled, offer a much-needed opportunity to forge a multi-stakeholder conversation around real issues. There are some critical prerequisites meriting attention prior to initiating any master planning or development. To begin with, in a city where even the population figures are dispu...