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Trump Admits Iran War Hurt Republicans in US Midterm Elections
WASHINGTON: US President Donald Trump has acknowledged that the war against Iran hurt Republican candidates in the midterm elections, while continuing to defend his decision to launch military action against Tehran.
In interviews with The Wall Street Journal and Fox News, Trump admitted that the Iran war was one of the factors influencing the election results. However, he expressed no regret over the military campaign, insisting that he had made the right decision and would do the same again.
Democratic candidates made significant gains in several traditionally Republican strongholds, dealing a setback to Trump’s party. The president blamed Republican candidates for failing to mobilize voters, arguing that the outcome would have been different had his own name been on the ballot.
Rising costs linked to the war, inflation and public concerns over government policies also emerged as key issues during the election campaign.
Speaking to Fox News, Trump defended his administration’s economic record and rejected the suggestion that the results reflected public anger toward him.
Meanwhile, divisions within the Republican Party have reportedly deepened over Trump’s role in selecting candidates and the party’s failure to address voters’ concerns. The Democrats’ stronger position in Congress could make it more difficult for the Trump administration to advance legislation, secure budget measures and push through key appointments.
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Government Announces Reduction in Petrol Prices
KARACHI: The government has announced a reduction in petrol prices.
According to a notification issued by the Oil and Gas Regulatory Authority (OGRA), the price of petrol has been reduced by Rs. 2 per litre, while the price of diesel remains unchanged.
As per the notification, the new price of petrol has been fixed at Rs. 330 per litre, while diesel will continue to be sold at Rs. 360 per litre.
The revised prices of petrol and diesel will take effect from November 14.
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Commerce Minister Jam Kamal Khan Engages Global Investors at Pakistan Minerals Investment Forum 2026
Islamabad: Federal Minister for Commerce Jam Kamal Khan visited the Pakistan Minerals Investment Forum (PMIF) 2026 at Jinnah Convention Centre, Islamabad, where he explored exhibition booths highlighting Pakistan’s mineral resources, mining projects and investment opportunities.
During the visit, the Minister held meetings with ambassadors, trade commissioners, international investors and business representatives to discuss trade cooperation, foreign investment and global partnerships in the minerals sector. Speaking to international media, he highlighted Pakistan’s mineral potential and emphasized the importance of mineral exports, value addition and investment.
He reaffirmed the government’s commitment to facilitating investors and promoting Pakistan’s mineral resources as a driver of export-led economic growth.
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Qaiser Ahmed Sheikh Meets MSC CEO Soren Toft in Geneva to Explore Investment Opportunities in Pakistan
Geneva: Federal Minister for Board of Investment, Mr. Qaiser Ahmed Sheikh, met Mediterranean Shipping Company (MSC) CEO Mr. Soren Toft at the company’s office in Geneva to discuss potential investment opportunities and strengthen MSC’s business engagement with Pakistan.
The Minister highlighted Pakistan’s strategic location and the investment potential of its major seaports, including Karachi Port, Port Qasim and Gwadar. Mr. Toft expressed MSC’s interest in exploring investment opportunities in Pakistan, particularly in port infrastructure, shipping, logistics and supply-chain services. The Minister also invited an MSC delegation to visit Pakistan, an invitation welcomed by the company, which agreed to arrange a visit.
The meeting marked a positive step towards strengthening Pakistan’s maritime and logistics sectors, enhancing trade connectivity and attracting foreign investment. The Government reaffirmed its commitment to facilitating international investors and translating investment interest into concrete business partnerships.
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