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Afghanistan and Pakistan Resume Fragile Peace Talks in Istanbul Amid Border Tensions

  The deadly crisis between Afghanistan and Pakistan left dozens dead in the Taliban-administered nation, including many civilians, women, and children. Afghanistan and Pakistan have agreed to restart peace negotiations in Istanbul , following a breakdown in earlier talks that failed to produce a resolution. The renewed dialogue, set to formally resume on November 6, comes after a ceasefire brokered by Qatar and Turkey helped de-escalate deadly border clashes that left dozens dead, including civilians. The previous round of talks, held over four days in Istanbul, ended inconclusively earlier this week. Pakistan’s Defense Minister Khawaja Mohammad Asif confirmed that the decision to return to the negotiating table was made at the urging of Qatar and Turkey, both of which have played key roles in mediating between the two nations. According to sources familiar with the matter, negotiation teams from both countries remain in Istanbul to prevent further violence and maintain the fra...
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Stocks sharply higher, rebounding with a boost from chips

 



North American stocks closed higher on Thursday, winning back much of the previous day’s losses, as U.S. economic data fueled optimism that the Federal Reserve would ease monetary policy and revived investor risk appetite.

All three major U.S. stock indexes posted gains as chips surged, led by Micron Technology after its better-than-expected quarterly forecast, putting the tech-heavy Nasdaq out front. The rally gained momentum as the session drew to a close, with the S&P 500 and the Nasdaq surging more than 1%. Canada’s main stock index rose 0.8%, despite a sharp drop in the shares of BlackBerry. Financial markets are pricing in a 71.3% likelihood that the U.S. central bank will reduce the Fed funds target rate by 25 basis points as soon as March, according to CME’s FedWatch tool.

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