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Pakistan's Crackdown on Afghan Refugees: A Controversial Move

In recent weeks, Pakistan has intensified its efforts to arrest Afghan citizens residing in the country without proper documentation. This move has sparked significant controversy, with the Afghan Embassy in Islamabad accusing Pakistan of attempting to expel all Afghan refugees from its territory. The Afghan Embassy issued a strongly worded statement, condemning the short timeframe given by Pakistani authorities and the unilateral nature of their decision. The embassy claimed that Afghan nationals in Islamabad and Rawalpindi have been subjected to arrests, searches, and orders to leave the cities and relocate to other parts of Pakistan. Pakistan's Foreign Ministry has dismissed these allegations, stating that the authorities are merely facilitating conditions for the swift return of Afghans to their home country. The ministry emphasized that Pakistan has long threatened to deport Afghans living in the country illegally. Prime Minister Shehbaz Sharif recently approved a March 31 dea...

US Dollar Suffers Largest Weekly Drop Since November 2023 Amid Tariff Uncertainty

The US dollar experienced its largest weekly decline since November 2023, driven by growing concerns over tariff policies. The currency dropped as much as 0.8% against a basket of currencies on Friday, before closing the week down 1.8%. This volatility was sparked by President Donald Trump's recent comments suggesting a softer stance on tariffs against China.

During an interview with Fox News, Trump mentioned that his conversation with Chinese President Xi Jinping was friendly and expressed optimism about reaching a trade deal. This uncertainty around trade policy has kept equity markets on edge, with the S&P 500 index down 0.3%, the Dow Jones Industrial Average losing 0.3%, and the Nasdaq Composite shedding 0.5%.

Analysts warn that the dollar could rise again if US tariff and interest rate policies shift. However, for now, the market remains cautious as it navigates through the ongoing trade policy uncertainties.




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