October 5 - Dawn report by Anwar Iqbal states that Pakistan is facing significant economic challenges, with declining growth, high fiscal and current account deficits and low levels of international reserves, says a report the International Monetary Fund (IMF) released on Thursday. The IMF end-of-mission statement acknowledges that Islamabad has recently taken some policy measures, but said those were not sufficient and “decisive policy action and significant external financing” were needed to stabilize the economy.
Pakistan militant raid kills 16 soldiers: intelligence officials
- Pakistani Taliban claim responsibility for the attack, saying in a statement it was staged ‘in retaliation for the martyrdom of our senior commanders’
ISLAMABAD: Pakistan militants launched a brazen overnight raid on an army post near the Afghan border, two intelligence officials said Saturday, killing 16 soldiers and critically wounding five more.
“Over 30 militants attacked an army post” in the Makeen area of Khyber Pakhtunkhwa province, one senior intelligence official said on condition of anonymity. “Sixteen soldiers were martyred and five were critically injured in the assault.”
“The militants set fire to the wireless communication equipment, documents and other items present at the checkpoint,” he said, before retreating from the two-hour assault which took place 40 kilometers (24 miles) from the Afghan border.
A second intelligence official also anonymously confirmed the same toll of dead and wounded.
The Pakistani Taliban claimed responsibility for the attack, saying in a statement it was staged “in retaliation for the martyrdom of our senior commanders.”
Scoop of deceit: Pakistan’s competition watchdog freezes Unilever, Friesland’s misleading ice cream ads
- Manufacturers of “Walls” and “Omore” have been penalized for passing off ‘frozen desserts’ as ice cream
- The Competition Commission of Pakistan has imposed Rs75 million of fine on each of the two companies
KARACHI: In a chilling blow to “deceptive marketing,” the Competition Commission of Pakistan (CCP) on Friday imposed a hefty fine of Rs75 million ($269,530) each on two multinational companies, Unilever Pakistan and Friesland Campina Engro, for misleading consumers by advertising their products as “ice cream.”
The CCP took action following a complaint by Pakistan Fruit Juice Company, the manufacturer of “Hico,” which objected to the marketing practices adopted by its rivals.
The CCP maintained that the two companies were selling “frozen desserts” while passing them off as ice cream, a distinct product category made from milk, cream or other dairy products.
“It is held that a false and misleading impression of ‘frozen dessert’ as ‘ice cream’ was created and continued by the Respondents through their advertisements, in order to make the consumers believe that ‘frozen dessert’ products are also ‘ice cream,’” the CCP said in its written order.
“The Respondents advertised, labelled and marketed their products without disclosing the true nature of their products as frozen desserts,” it continued, adding that the two companies “took economic advantage of their deceptive marketing
practices to the detriment of consumers welfare.”
The CCP’s ruling referenced the Pakistan Standards and Quality Control Authority (PSQCA) and the Punjab Pure Food Regulations 2018, which define “frozen dessert” and “ice cream” as distinct products.
According to these standards, “ice cream” is made from milk, cream, or other dairy products, while “frozen desserts” are prepared from a pasteurized mix consisting of edible vegetable oils and other ingredients.
The CCP also noted that other countries, including the US, India and Australia, maintain the same standards, where the term “ice cream” can only be applied to dairy-based products.
The commission instructed the companies to stop their current marketing practices and remove advertisements presenting frozen desserts as ice cream.
It instructed them to provide clear disclosures about their products’ nature and ingredients, adding that failure to comply with the verdict within 30 days would result in additional fines.
Myanmar ethnic rebels say captured junta western command
- Ann would be the second regional military command to fall to ethnic rebels in five months
- Fighting has rocked Rakhine state since the Arakan Army attacked security forces in November last year
BANGKOK: A Myanmar ethnic rebel group has captured a military regional command in Rakhine state, it said, in what would be a major blow to the junta.
The Arakan Army (AA) had “completely captured” the western regional command at Ann on Friday after weeks of fighting, the group said in a statement on its Telegram channel.
Ann would be the second regional military command to fall to ethnic rebels in five months, and a huge blow to the military.
Myanmar’s military has 14 regional commands across the country with many of them currently fighting established ethnic rebel groups or newer “People’s Defense Forces” that have sprung up to battle the military’s 2021 coup.
Fighting has rocked Rakhine state since the AA attacked security forces in November last year, ending a ceasefire that had largely held since the putsch.
AA fighters have seized swathes of territory in the state that is home to China and India-backed port projects and all but cut off state capital Sittwe.
The AA posted photos of a man whom it said was the Ann deputy regional commander, in the custody of its fighters.
AFP was unable to confirm that information and has contacted the AA’s spokesman for comment.
AFP was unable to reach people on the ground around Ann where Internet and phone services are patchy.
In decades of on-off fighting since independence from Britain in 1948 the military had never lost a regional military command until last August, when the Myanmar National Democratic Alliance Army (MNDAA) captured the northeastern command in Lashio in Shan state.
Myanmar’s borderlands are home to myriad ethnic armed groups who have battled the military since independence for autonomy and control of lucrative resources.
Last month the UN warned Rakhine state was heading toward famine, as ongoing clashes squeeze commerce and agricultural production.
“Rakhine’s economy has stopped functioning,” the report from the UN Development Programme said, projecting “famine conditions by mid-2025” if current levels of food insecurity were left unaddressed.
Cavaliers cruise past Bucks, Embiid shines in Sixers win
- The Cavaliers, winners of seven of their last eight, improved to 15-1 at home and got good news with the season debut of Max Strus
- The Oklahoma City Thunder, who fell to the Bucks in the Cup final on Tuesday, notched their second victory since then, beating the Heat 104-97
LOS ANGELES: The Cleveland Cavaliers delivered a reality check to newly crowned NBA Cup champions Milwaukee on Friday, dominating the Bucks 124-101 to push their league-best record to 24-4.
Donovan Mitchell scored 27 points and Darius Garland added 16 for the Cavs, who led by as many as 36 points as the Bucks struggled in the absence of injured guard Damian Lillard.
Giannis Antetokounmpo, who led the Bucks to victory in the NBA Cup final against the Oklahoma City Thunder on Tuesday, scored 33 points with 14 rebounds and three steals.
Khris Middleton, back from illness, scored 14 points off the bench for Milwaukee, but starting guards Andre Jackson Jr and AJ Green were a combined 0-for-9 from the field, neither contributing a point.
The Cavaliers, winners of seven of their last eight, improved to 15-1 at home and got good news with the season debut of Max Strus — who had been sidelined with hip and ankle injuries.
Strus scored nine points in 19:07 minutes off the bench for Cleveland and drilled three of their 20 three-pointers.
“We did it on both ends of the floor,” Mitchell said. “We set the tone, offensively, defensively. Knowing they had a long trip back (we were) trying to get going early, push the pace, and we did it for 48 minutes.”
Bucks coach Doc Rivers, who had called it “weird” to pick up regular-season action after playing the semifinals and final of the in-season tournament in Las Vegas, said the game was not a good gauge of where the Bucks are.
“We were flat, tired, whatever you want to call it,” Rivers said. “There’s no read on tonight’s game... give them all the credit.”
In Philadelphia, the 76ers’ star center Joel Embiid wore a protective mask as he returned after missing one game because of a sinus fracture to score 34 points in a 108-98 victory over the Charlotte Hornets.
Embiid, who had been expected to sit out at least through Saturday after taking an inadvertent blow to the face last week, added five rebounds, nine assists, two steals and two blocked shots.
Tyrese Maxey scored 23 points and Kelly Oubre Jr. added 22 for Philadelphia, who notched their fourth win in five games as they try to climb into the race for a play-in berth.
Embiid has been largely absent from the Sixers’ stuttering season. The 2023 NBA Most Valuable Player was appearing in just his seventh game of the campaign after his troublesome left knee delayed his season debut.
The Oklahoma City Thunder, who fell to the Bucks in the Cup final on Tuesday, notched their second victory since then, beating the Heat 104-97 in Oklahoma.
Jalen Williams scored 33 points and Shai Gilgeous-Alexander added 25 for the Thunder, who were coming off a victory over the Orlando Magic on Thursday.
Tyler Herro scored 28 points and grabbed 12 rebounds to lead the Heat, but Miami clearly missed the contribution of star forward Jimmy Butler, who departed in the first quarter and was ruled out for the rest of the game because of illness.
Miami’s Bam Adebayo departed briefly in the third quarter after taking an accidental elbow over his left eye. He returned after receiving seven stitches and finished with 17 points and 10 rebounds.
Joe Biden approves $571 million in defense support for Taiwan
- The US is bound by law to provide Taiwan with the means to defend itself despite the lack of formal diplomatic ties between Washington and Taipei
- Taiwan went on alert last week in response to what it said was China’s largest massing of naval forces in three decades
WASHINGTON: US President Joe Biden on Friday agreed to provide $571.3 million in defense support for Taiwan, the White House said, while the State Department approved the potential sale to the island of $265 million worth of military equipment.
The United States is bound by law to provide Chinese-claimed Taiwan with the means to defend itself despite the lack of formal diplomatic ties between Washington and Taipei, to the constant anger of Beijing.
Democratically governed Taiwan rejects China’s claims of sovereignty.
China has stepped up military pressure against Taiwan, including daily military activities near the island and two rounds of war games this year.
Taiwan went on alert last week in response to what it said was China’s largest massing of naval forces in three decades around Taiwan and in the East and South China Seas.
Biden had delegated to the secretary of state the authority “to direct the drawdown of up to $571.3 million in defense articles and services of the Department of Defense, and military education and training, to provide assistance to Taiwan,” the White House said in a statement without providing details.
Taiwan’s defense ministry thanked the United States for its “firm security guarantee,” saying in a statement the two sides would continue to work closely on security issues to ensure peace in the Taiwan Strait.
The Pentagon said the State Department had approved the potential sale to Taiwan of about $265 million worth of command, control, communications, and computer modernization equipment.
Taiwan’s defense ministry said the equipment sale would help upgrade its command-and-control systems.
Taiwan’s defense ministry also said on Saturday that the US government had approved $30 million of parts for 76 mm autocannon, which it said would boost the island’s capacity to counter China’s “grey-zone” warfare.
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