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Australia Supports US and UK Airstrikes Against Houthis in Yemen
Australia has expressed support for the military actions of the United States and the United Kingdom as they conducted over a dozen airstrikes against locations utilized by Iran-backed Houthi rebels in Yemen. The strikes, confirmed by US President Joe Biden, represent a substantial military response to the Houthis' ongoing campaign involving drone and missile attacks on commercial shipping in the Red Sea. Australian Defence Minister Richard Marles emphasized that the decision to carry out the airstrikes "was not taken lightly." The coordinated effort by the US, UK, and now Australia underscores the international community's concern and response to the escalating situation in Yemen, particularly regarding the Houthis' activities impacting regional security and commercial shipping.
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The Pakistani rupee continued its upward trajectory against the US dollar, gaining 0.01% or Rs0.02, to close at Rs281.11, according to data from the State Bank of Pakistan (SBP). Over the past four months, the currency has appreciated by 9.25%, or almost Rs26, compared to its ...
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The sugar sector in Pakistan achieved a milestone with record earnings of Rs22 billion in the fiscal year 2023, marking a substantial 78% increase year-on-year. The surge in earnings is attributed to a rise in sugar prices, resulting in improved gross margins for the sector. ...
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