The land service branch of Pakistan’s armed forces
Global stock markets have rallied to new highs, driven by optimism over US-Iran peace talks and signs of economic resilience. The S&P 500 and Nasdaq have posted record streaks, while the chip sector continues its record-breaking rally, despite ongoing geopolitical uncertainties and recent war-related disruptions.
The war surrounding Iran continues with US-Iran talks in Qatar and Pakistani mediation intensifying efforts to end the conflict. Iran’s negotiators have met with Gulf allies while Washington has carried out self-defence strikes in southern Iran. A potential memorandum of understanding aims to reopen the Strait of Hormuz and freeze certain sanctions while negotiations on Tehran’s nuclear program proceed.
A Russian-built Mi-17 helicopter crashed on takeoff near Muzaffarabad, Pakistan-administered Kashmir, killing 22 military personnel including officers. An inquiry has been ordered to determine the exact technical cause as protests and security operations unfold in the region.
Pakistani air and ground operations along the Pakistan–Afghanistan border have escalated, targeting militant hideouts after attacks in Karachi and other cities. Officials say strikes continue as casualties rise on both sides and regional tensions deepen.