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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...

Wall Street Braces for Economic Turbulence Amid New Tariffs


President Donald Trump's recent imposition of tariffs—25% on imports from Canada and Mexico, and 10% on Chinese goods—has sent ripples through global markets, with investors expressing concerns over potential economic repercussions. The tariffs, set to take effect on Tuesday, have prompted fears of increased inflation and a slowdown in economic growth.

Analysts warn that these tariffs could lead to higher production costs for U.S. companies reliant on imported materials, potentially squeezing corporate profits. Barclays previously estimated a 2.8% decline in S&P 500 company earnings due to such trade measures.

The consumer sector is also expected to feel the impact, with anticipated price increases in everyday goods such as groceries and household items. Goldman Sachs projected a 0.7% rise in core inflation if tariffs extend to Canada and Mexico.

In response to the U.S. tariffs, Canada and Mexico have announced retaliatory measures, further escalating trade tensions. China has indicated plans to lodge a complaint with the World Trade Organization and is considering countermeasures.

The financial markets have reacted to these developments with increased volatility. The Dow Jones Industrial Average recently fell 0.8%, while the S&P 500 and Nasdaq composite dropped 0.5% and 0.3%, respectively, erasing earlier gains.

Investors are now closely monitoring the Federal Reserve's response, particularly regarding interest rate policies, as the central bank aims to balance economic growth with inflation control. The situation remains fluid, with market participants bracing for further developments in the evolving trade landscape.

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