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.
White House says Yemen’s Houthi movement designated as ‘foreign terrorist organization’
- The Houthis’ activities threaten the security of American civilians and personnel in the Middle East, the White House says
WASHINGTON: US President Donald Trump on Wednesday designated Yemen’s Houthi movement, known formally as Ansar Allah, as a “foreign terrorist organization,” the White House said in a statement.
The move imposes harsher penalties than the Biden administration had applied to the Iran-aligned group in response to its attacks on commercial shipping in the Red Sea and against US warships defending the critical maritime chokepoint.
“The Houthis’ activities threaten the security of American civilians and personnel in the Middle East, the safety of our closest regional partners, and the stability of global maritime trade,” the White House said in a statement.
US policy, it said, would be to work with regional partners “to eliminate Ansar Allah’s capabilities and operations, deprive it of resources, and thereby end its attacks on US personnel and civilians, US partners, and maritime shipping in the Red Sea.”
Europe posts record year for clean energy use as Trump pulls US toward fossil fuels
- With another 24% of electricity in the bloc coming from nuclear power, nearly 3/4 of EU's electricity is considered clean energy
- In contrast, economic giants China and the US still get nearly 2/3 of their energy from carbon-polluting fossil fuels like coal, oil and gas
A record 47 percent of the European Union’s electricity now comes from solar and other renewables, a report Thursday said, in yet another sign of the growing gap between the bloc’s push for clean energy and the new US administration’s pursuit of more fossil fuels.
Nearly three-quarters of the EU’s electricity doesn’t emit planet-warming gases into the air — with another 24 percent of electricity in the bloc coming from nuclear power, a report released by the climate energy think tank Ember found. This is far higher than in countries like the United States and China, where nearly two-thirds of their energy is still produced from carbon-polluting fossil fuels like coal, oil and gas. Around 21 percent of the US’s electricity comes from renewable sources.
Experts say they’re encouraged by Europe’s fossil fuel reductions, particularly as the US looks set to increase its emissions as its new president pledges cheaper gas prices, has halted leases for wind projects and pledged to revoke Biden-era incentives for electric vehicles.
“Fossil fuels are losing their grip on EU energy,” said Chris Rosslowe, an energy expert at Ember. In 2024, solar power generated 11 percent of EU electricity, overtaking coal which fell below 10 percent for the first time. Clean wind power generated more electricity than gas for the second year in a row.
Green policies and war drive clean energy growth
One reason for Europe’s clean power transition moving at pace is the European Green Deal, an ambitious policy passed in 2019 that paved the way for climate laws to be updated. As a result of the deal, the EU made their targets more ambitious, aiming to cut 55 percent of the region’s emissions by the end of the decade. The policy also aims to make Europe climate neutral — reducing the amount of additional emissions in the air to practically zero — by 2050.
Hundreds of regulations and directives in European countries to incentivize investment in clean energy and reduce carbon pollution have been passed or are in the process of being ratified across Europe.
“At the start of the Deal, renewables were a third and fossil fuels accounted for 39 percent of Europe’s electricity,” Rosslowe said. “Now fossils generate only 29 percent and wind and solar have been driving the clean energy transition.” The amount of electricity generated by nuclear energy has remained relatively stable in the bloc.
Russia’s invasion of Ukraine has also spurred the move to clean energy in Europe. Gas prices skyrocketed — with much of Europe’s gas coming from Russia becoming unviable — forcing countries to look for cheaper, cleaner alternatives. Portugal, Netherlands and Estonia witnessed the highest increase in clean power in the last five years.
Europe cements its place as a clean energy leader
The transition to clean power helped Europe avoid more than $61 billion worth of fossil fuel imports for generating electricity since 2019.
“This is sending a clear message that their energy needs are going to be met through clean power, not gas imports,” said Pieter de Pous, a Brussels-based energy analyst at European think tank E3G. De Pous said the EU’s origins were “as a community of coal and steel because those industries were so important,” but it is now rapidly becoming a “community of solar and wind power, batteries and smart technologies.”
Nuclear growth in the bloc, meanwhile, has slowed. Across the European Union, retirements of nuclear plants have outpaced new construction since around the mid-2000s, according to Global Energy Monitor.
As President Trump has pulled the United States out of the Paris Agreement aimed at curbing warming and is pursuing a “drill, baby, drill” energy policy, Rosslowe said the EU’s leadership in clean power becomes all the more important. “It’s about increasing European energy independence, and it’s about showing this climate leadership,” he said.
On Tuesday, EU chief Ursula von der Leyen said: “Europe will stay the course, and keep working with all nations that want to protect nature and stop global warming.”
Saudi crown prince makes call to US president Trump
RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman made a phone call on Wednesday to US President Donald Trump, the Saudi Press Agency said.
During the call, the Crown Prince congratulated Trump and conveyed the congratulations of King Salman to the president after being sworn in, wishing the American people further progress and prosperity.
The pair discussed bilateral cooperation to establish peace, security and stability in the Middle East, in addition to enhancing bilateral cooperation to combat terrorism.
The Crown Prince pointed out the ability of the president's administration, with its expected reforms in the US, to create unprecedented economic prosperity, which the Kingdom seeks to benefit from its available opportunities for partnership and investment.
He stressed the Kingdom's desire to expand its investments and trade relations with the United States in the next four years by an amount of $600 billion, which is expected to increase if additional opportunities become available.
Trump expressed his thanks and appreciation to the King and Crown Prince for their congratulations, stressing his keenness to work with the Saudi leadership on everything that would serve their common interests.
Saudi Arabia condemns Israeli attack on West Bank’s Jenin
RIYADH: Saudi Arabia has condemned Israeli forces’ attack in the occupied West Bank’s Jenin area, the Saudi Press Agency said early Thursday.
Gunfire and explosions rocked Jenin on Wednesday, an AFP journalist reported, as the Israeli military kept up a large-scale raid for a second day.
The operation, launched just days after a ceasefire paused more than a year of fighting in Gaza, has left at least 10 Palestinians dead, according to Palestinian health authorities.
Israeli officials have said the raid is part of a broader campaign against militants in the West Bank, citing thousands of attack attempts since the Gaza war erupted in October 2023.
“The Kingdom renews its demand for the international community to assume its responsibilities towards halting Israeli violations of relevant international laws and treaties,” a Saudi foreign ministry statement read.
Saudi Arabia warned that the continuation of these violations might cause the fighting and chaos to return to occupied Palestinian territories, thus risking the security and safety of civilians and undermining chances of peace in the region.
Microsoft’s LinkedIn sued for disclosing customer information to train AI models
Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models.
According to a proposed class action filed on Tuesday night on behalf of millions of LinkedIn Premium customers, LinkedIn quietly introduced a privacy setting last August that let users enable or disable the sharing of their personal data.
Customers said LinkedIn then discreetly updated its privacy policy on Sept. 18 to say data could be used to train AI models, and in a “frequently asked questions” hyperlink said opting out “does not affect training that has already taken place.”
This attempt to “cover its tracks” suggests LinkedIn was fully aware it violated customers’ privacy and its promise to use personal data only to support and improve its platform, in order to minimize public scrutiny and legal fallout, the complaint said.
The lawsuit was filed in the San Jose, California, federal court on behalf of LinkedIn Premium customers who sent or received InMail messages, and whose private information was disclosed to third parties for AI training before Sept. 18.
It seeks unspecified damages for breach of contract and violations of California’s unfair competition law, and $1,000 per person for violations of the federal Stored Communications Act.
LinkedIn said in a statement: “These are false claims with no merit.”
A lawyer for the plaintiffs had no immediate additional comment.
The lawsuit was filed several hours after US President Donald Trump announced a joint venture among Microsoft-backed OpenAI, Oracle and SoftBank, with a potential $500 billion of investment, to build AI infrastructure in the United States.
The case is De La Torre v. LinkedIn Corp, US District Court, Northern District of California, No. 25-00709.