1Financeminutemirror.com.pk
State Bank of Pakistan forecasts $41.5bn remittances
The State Bank of Pakistan (SBP) Governor, Jameel Ahmad, has stated that Pakistan's economic conditions have improved significantly and the country's growth outlook remains positive for the coming fiscal year. He predicted that the economy will grow by around 4% during the fiscal year 2026-27, a sign of increasing economic stability and improving business activity across various sectors. Preliminary estimates for fiscal 2026 show that overseas Pakistanis are likely to send home remittances worth approximately $41.5bn. The SBP governor also highlighted the strength of Pakistan's foreign exchange reserves, which are several hundred percent higher than the amount required to cover imports for 15 days.
2Lifestyleeuropesays.com
Why was one of Scotland’s finest churches sold to a secretive religious sect? - United Kingdom
The article discusses the mysterious purchase of St Andrew's in the Square, one of Glasgow's oldest and most architecturally significant churches, by a highly secretive and controversial sect. The group, described as a spiritual group, religious sect, and a cult, was founded in 1891 and has not been seen entering or leaving the building for many years. Despite being the third oldest church in Glasgow and one of the finest classical churches in Britain, it is not easy to find out who owns it. The article is published by The Bell, a team on a mission to restore proper reporting to the public, and requires support from The Telegraph.
3Sportsza.headtopics.com
Cape Verde ratings against Argentina
Cape Verde narrowly beat Argentina 3-2 in their World Cup round-of-32 clash in Miami. The smallest nation to reach the knockout stage of the tournament, Cape Verde, managed to twice come from behind to force Argentina into extra time before losing. Despite this, Argentina boss Lionel Scaloni has warned his team against complacency and warned them to respect their last 32 tie. The game was marked by a heroic performance from Cape Verdes, with goalkeeper Manuel Manuel Azerra pulling off some remarkable saves. Cape Verad's performance was praised by coach Bubista. With Argentina among the favourites to win the 2026 FIFA World Cup, CapeVerde will face an uphill task against the South American giants.
4Politicsph.headtopics.com
Malacañang Says President Marcos Jr. Will Not Interfere in Plunder Charges Against Senator
President Ferdinand Marcos Jr. will not interfere in plunder charges filed against Senator Rodante Marcoleta, according to Malacañang. The Philippine Palace stated that government agencies, including investigating bodies and courts, will continue to fulfill their mandate independently despite external pressures. This follows a formalization of bilateral ties between Marcos and Canada during his visit to Vancouver, elevating their bilateral ties to a strategic partnership. In terms of trade, Manila is negotiating a Free Trade Agreement with Canada, with hopes it will be concluded in 2026. The two nations have also made significant strides in their security ties, with Canada giving the Philippines access to its proprietary Dark Vessel Detection System in 2023.
5Politicsbusiness-standard.com
CPI(M) alleges IAS officer's removal as Vizhinjam MD was to benefit Adani
The opposition CPI(M) has accused the removal of IAS officer Divya S Iyer as the Managing Director of Vizhinjam International Seaport in an attempt to benefit the Adani Group. The accusation was made in a Facebook post following controversy over Adani Ports and Special Economic Zone Ltd's proposed transfer of a 49 per cent stake in Adani Vizhinja Port Private Limited (AVPPL), the port concessionaire, to Switzerland-based shipping giant Mediterranean Shipping Company (MSC). Senior CPI (M) leader and Kannur district secretary K K Ragesh demanded that Chief Minister V D Satheesan explain the reasons behind her transfer. He also criticised the government's decision to retain the ports portfolio along with the finance department under the Chief Minister, raising concerns over its independence.
6Financead-hoc-news.de
Partners Group Trapped Between Short-Seller Allegations and $15.6 Billion Redemption Wave as Stock L
Private-markets specialist Partners Group, a Swiss market index company, has been hit by allegations that up to 40% of its investments in its Evergreen funds could be materially misvalued by short-seller Grizzly Research. The company has dismissed these claims as "frivolous, defamatory and misleading". However, no court or independent review has resolved the core accusation, leaving uncertainty over the issue. Redemptions from private-credit funds are also increasing, with investors globally requesting roughly $15.6 billion in redemptions in Q2 2026, while managers only paying out a fraction of this total. The firm itself had to activate the redemption gate for its Global Value SICAV fund on June 3 after withdrawal requests exceeded the contractual quarterly limit of 5%. The independent board of Partners Group Private Equity Limited (PGPE) has proposed a restructuring into two share classes, with a shareholder vote later in Q4 if approved. Despite these measures, the company maintains its guidance for gross client demand between $26 billion and $32 billion for 2026. The liquidation of these funds may not be an isolated incident, and other US vehicles and three additional Evergreen Funds are expected to report similarly high redemption rates. Despite this, the shares trade 13.85% below their 50-day moving average and 26.05% below the 200-day line, with 30-day volatility.
7Businessbyteseu.com
EU proposes tariff-free access for 80% of Armenia's exports - Bytes Europe
The European Union (EU) and Armenia have proposed tariff-free access for around 80% of Armenian exports to the EU, in an effort to further strengthen their partnership. The proposal is aimed at helping exporters diversify trade as Armenia faces external economic pressure. EU officials are set to be deployed to Armenia by mid-July to help producers meet EU standards and build export capacity. The proposed Autonomous Trade Measures will liberalise around 80 per cent of Armenia’s exports once adopted by the European Parliament and the Council of the European Union. The EU has already provided €34 million of a €52 million support package for Armenia, with the remaining €18 million to be released shortly.
8Weatherca.headtopics.com
FIFA Decides Not to Postpone England-Mexico 2026 World Cup Match
FIFA has decided not to postpone the England-Mexico 2026 World Cup last-16 showdown due to concerns about severe weather in Mexico City. The match will take place at the Azteca Stadium at the original time, despite discussions to move it to 7:00pm BST due to forecasts of heavy rain and thunderstorms. FIFA's tournament safety regulations prohibit lightning strikes within an eight-mile radius of the stadium, raising fears of disruption. The Football Association and Mexican Football Federation were reportedly caught off guard by the late proposal, leading to confusion over FIFA's decision to stick to the original start time. The final day of round-32 action at the World Cup is currently underway, with Australia taking on Egypt at Dallas Stadium.
9Travelbyteseu.com
Turkey bans gay cruise ship from docking citing 'moral standards' - Bytes Europe
Turkish authorities have blocked a cruise marketed to American LGBTQ+ travelers from docking at Turkish ports due to "moral standards" and "family values". The Athens to Venice sailing leaves Greece on July 5 and was scheduled to stop in the Turkish resort port of Kuadas on July 7 before continuing to Istanbul. The official X account for the provincial government that includes Kuadas stated that the group on board were known for their behavior incompatible with society's structure and moral values. Broadway star Patti LuPone, who is set to perform on the cruise, condemned the decision in a Facebook post. The move comes amid increased pressure on LGBTQ+ communities in Turkey, where rights groups have described a years-long deterioration driven by official crackdowns and anti-LGBTQ+ rhetoric.
10Environmentm.dailyhunt.in
Massive Spain wildfire remains out of control in Catalonia
A massive wildfire has left nearly 10,000 residents in Girona province, Spain, evacuated or sheltered in place due to strong winds and subsequent secondary blazes. Local fire services have deployed over 400 firefighters and 200 soldiers to combat the blaze. The fire may have grown beyond firefighters' ability to extinguish and is currently under control. A worker has been detained on suspicion of arson and preliminary investigations suggest it may have been caused by machinery used during roadwork.
