As I am on it, Let me share u personal experience how System Failure affects business in Pakistan:
Law requires my Business to be a Sales Tax Registered. I DID
None of my competitors I know of are registered or pay.
I am at disadvantage against them.
Now the next:
Somewhere in the world, a country celebrates its independence from Britain almost every week of the year.
At its height, the British Empire controlled roughly a quarter of the world’s land and population, making it the largest empire in history.
More than 60 independent countries today have historical ties to British rule, with many celebrating national days that commemorate independence or self-government. Because so many former colonies gained independence — especially during the major wave of decolonization after World War II — there is almost always a former British territory marking its independence somewhere in the world.
Although many of these nations remain part of the Commonwealth, they are fully sovereign countries, representing one of the largest and most significant decolonization movements in modern history.
#July17
4. Two #oil tankers carrying crude #oil from #Iran changed their destination signals to Karachi, a move analysts say could indicate they are seeking a temporary holding area as #US intensified its blockade. Its unlikely to be discharged in #Pakistan risking sanctions.
The sinking of the Argentine Navy’s Brooklyn-class cruiser ARA General Belgrano during the Falklands War in May 1982. The ship was struck by torpedoes fired from the Royal Navy’s Churchill-class nuclear-powered submarine HMS Conqueror, becoming one of the most significant naval losses of the conflict.
The sinking of ARA General Belgrano was one of the most consequential events of the 1982 Falklands War between Argentina and the United Kingdom.
On May 2, the British nuclear-powered attack submarine HMS Conqueror fired three World War II-era Mk 8 torpedoes at the Argentine cruiser. Two struck the ship, causing devastating damage and knocking out its power systems. About 20 minutes later, Captain Héctor Bonzo ordered the crew to abandon ship.
Of the approximately 1,093 sailors aboard, 323 were killed, representing nearly half of Argentina’s military fatalities during the conflict. Survivors spent hours in freezing South Atlantic waters, battling harsh conditions in life rafts before rescue ships arrived. The image above captures the desperate aftermath as crew members awaited rescue while the cruiser disappeared beneath the waves.
The attack remains controversial because General Belgrano was outside the United Kingdom’s declared 200-nautical-mile Total Exclusion Zone when it was sunk. Britain argued that the cruiser remained a legitimate target because it was part of an Argentine naval force capable of threatening the British task group. Years later, Captain Bonzo himself acknowledged that the sinking was a lawful act of war, stating that his ship was engaged in military operations, though debate over the decision continues.
HMS Conqueror also made history by becoming the first — and so far only — nuclear-powered submarine to sink an enemy warship in combat. Following the attack, the Argentine Navy largely withdrew its surface fleet from the conflict, giving Britain greater control of the seas for the remainder of the Falklands War.
More than 200 listed companies on the PSX just became more profitable overnight.
Not because they worked harder. Not because their products improved.
Because the budget 2026-27 abolished the super tax for companies earning under Rs500 million and cut it from 10% to 8% for larger ones.
Super tax was a direct drag on corporate earnings. Less tax means higher profit. Higher profit means better dividends and stronger valuations.
For equity investors, this is exactly the kind of policy tailwind that quietly improves profitability of companies over the years.
This is not a time benefit, but a structural change.
Are you holding any of the 200+ companies that will benefit from this? Please share in the comments.
#July16
2. #Karachi's population as per official census of 2023 is 20.3Mn accounting to 36.6% of the total population of #Sindh which is 55.6Mn people, despite this Karachi contributes 80% in #SindhGovt's total revenue and despite this every service is deteriorating everyday.
“One person chooses to do the right thing, and others follow .... That’s LEADERSHIP.
No one asked those players to give up their jackets. One person acted, and the rest followed.
Because every great movement begins with One person who chooses to act.”
SpaceX's Starlink satellites made over 355,000 collision avoidance maneuvers over the past year with each satellite now dodging other objects almost weekly. https://t.co/Jnc18lIeX0
📍 Sarajevo — Qur'an recitation on film, 1942 CE
This footage shows recitation inside Sarajevo's mosques during one of the most dangerous periods in the city's modern history. By 1942, Sarajevo was under occupation by the Independent State of Croatia (NDH), a Nazi puppet regime — not Yugoslavia, which had already been invaded and dismembered by Axis forces the year before.
It was a fraught moment for the city's Muslims. NDH propaganda courted them as "Croats of the Islamic faith," yet in October 1941, 108 prominent Muslim citizens publicly condemned the Ustaše's persecution of their Serb neighbours — even as Muslim communities elsewhere in Bosnia faced massacre by Chetnik forces. Through it all, recitation and prayer in Sarajevo's mosques continued, as this footage quietly shows.
That continuity would be tested again. Under socialist Yugoslavia (1945–1992), religious life was pushed into private — mosques nationalised, sermons vetted, Islamic schools closed — yet belief endured in homes, and by the 1970s restrictions eased and mosques were rebuilt. Then came the Bosnian War (1992–1995), when up to 80% of Bosnia's 4,000+ mosques and Islamic buildings were damaged or destroyed, and Sarajevo endured a siege lasting nearly four years.
Today, Gazi Husrev-Beg Mosque and others are once again full for Friday prayers, the call to prayer sounds five times a day across the city, and Sarajevo's Muslim community — one of Europe's oldest — continues the same recitation this footage captured over 80 years ago.