Pakistan's Ambassador Asim Iftikhar briefed OIC Group of Ambassadors about India's alleged involvement in a deadly attack on tourists in Kashmir, stating that New Delhi poses serious threats to regional peace and security. The US Secretary of State Marco Rubio was urged by Pakistani Prime Minister Shehbaz Sharif to act responsibly amid fears of a military confrontation between nuclear-armed neighbors. Pakistan denies the charges and has vowed to give a "strong" response to any aggression from India, while OIC members expressed full support for Pakistan, calling for de-escalation through diplomatic engagement and urging the resolution of the Kashmir dispute in accordance with UN Security Council and OIC resolutions.
https://www.brecorder.com/news/40360584/pakistan-tells-oic-envoys-india-poses-serious-threats-to-regional-peacePakistan's Ambassador to the Netherlands, Syed Haider Shah, made an oral statement before the International Court of Justice in The Hague, highlighting atrocities committed by Israel in the Occupied Palestinian Territory, particularly in Gaza. He condemned Israel's attempt to dismantle UNRWA operations as a blatant violation of international law and part of a systematic campaign to deny humanitarian aid to millions of Palestinians. Pakistan had previously submitted its written statement to the ICJ, which is being heard from April 28 to May 2, 2025, with over 40 states and organizations expected to participate.
https://www.brecorder.com/news/40360609/pakistan-expresses-solidarity-with-palestine-at-icjA Pakistani trade delegation led by Hasnain Azhar, Amir Reyaz Chottani, Abdul Rehman Fudda, and other officials visited Bangladesh to bolster textile sector trade relations. The visit resulted in the signing of three MoUs with BGMEA, BTMA, and BKMEA, as well as an invitation for textile delegations from these associations to visit Pakistan. The delegation facilitated over 250 B2B meetings, securing $2.5 million worth of yarn and fabric orders, and estimated $10 million sample orders subject to approval.
https://www.thenews.com.pk/print/1307249-textile-delegation-strengthens-trade-ties-with-bangladeshRussia launched a drone attack on Zaporizhzhia, injuring 14 people, amid tensions with Ukraine. US President Donald Trump had previously clashed with Ukrainian President Volodymyr Zelensky over a joint agreement to develop and invest in Ukraine's mineral resources, which has now been finalized after months of negotiations. The deal aims to create a recovery fund that will invest in Ukraine and generate revenue, potentially paving the way for security guarantees from the US against future Russian attacks.
https://www.themoscowtimes.com/2025/05/02/zelensky-says-minerals-deal-with-us-truly-equal-a88948Beijing is "evaluating" an offer from Washington to hold talks over US President Donald Trump's crippling tariffs, which have caused significant economic strain on China. The US has approached China to discuss the 145% tariffs imposed by Trump, while Beijing has repeatedly denied seeking a way out of the tariffs. China has expressed its anger at the duties, calling them "bullying", and has created a list of US-made products exempt from retaliatory tariffs, including pharmaceuticals, microchips, and jet engines. Treasury Secretary Scott Bessent and White House economic adviser Kevin Hassett have expressed hope for progress in easing trade tensions, with Trump believing there is a "very good chance" of a deal with China.
https://www.malaymail.com/news/money/2025/05/02/china-evaluating-us-offer-to-negotiate-tariffs-says-beijings-door-is-open/175267US President Donald Trump has tempered his auto tariffs, winning cautious praise from industry experts. China acknowledged global economic challenges have strained its economy, with factory activity shrinking in April due to a "sharp shift" in the global economy. Analysts Ja-Ian Chong and Stephen Innes note that while Beijing's comments represent an "olive branch," progress remains uncertain, as both sides are hesitant to appear weak. China has pledged to fight "to the end," but its stance on canceling duties first is non-negotiable for the White House.
https://www.forbesindia.com/article/news/china-is-evaluating-us-trade-talks-offer-but-wants-tariffs-scrapped/95896/1US President Donald Trump's deal with Ukraine has strengthened his position in talks with Russia, according to top American officials. The agreement, signed in Washington, establishes a joint investment fund for Ukraine's reconstruction and grants the US preferential access to new Ukrainian minerals projects. Former Russian President Dmitry Medvedev described it as a sign that Trump had "broken the Kyiv regime" by forcing Ukraine to pay for military aid with mineral resources.
https://www.scmp.com/news/world/middle-east/article/3308741/us-says-ukraine-minerals-deal-will-strengthen-trump-talks-russia?module=top_story&pgtype=section#commentsUS President Donald Trump's recent move to impose tariffs on almost all countries is seen as a misguided attempt to make the US manufacturing sector great again. Instead of focusing on competitive industries like shipping, rare earths, or electric vehicles, Mr. Trump should target leading-edge sectors such as aerospace and quantum computing, according to Stanley Chao.
https://www.scmp.com/opinion/world-opinion/article/3308505/trump-cannot-look-past-make-us-manufacturing-great-again?module=top_story&pgtype=sectionPresident Trump's trade policies have led to a surge in imports, with the biggest jump since 1972, causing the economy to shrink 0.3% at an annual rate, its first decline in two years. The tariffs imposed by Trump on China, steel, aluminum, and autos have resulted in delayed border crossings and complex duties calculations, affecting manufacturers' operations. Companies are receiving fewer orders and production is falling, with one company stating it may be overpaying duties due to the tariffs. This has led to a 7% drop in the S&P 500 stock index since Trump's inauguration.
https://apnews.com/article/trump-economy-biden-tariffs-a268e2c155019a462eaa951aa20c7fcd