Rafale Jet Loss Impacts Markets: Dassault Shares Fall, Chinese Defense Stocks Surgee

Following the downing of Indian Air Force Rafale jets by Pakistan Air Force, shares of France’s Dassault Aviation dropped by 1.64%, despite a 3.4% rise over the past five days. This comes shortly after India signed a deal to purchase 26 additional Rafale M jets from France. Meanwhile, shares of Chinese aircraft manufacturer Chengdu Aircraft…

May 8, 20250Comments

Byadmin

NATIONAL

Pakistan Army Downs 12 Indian Drones; Civilian Martyred in Mianu, Sindh

In a media briefing on Thursday, DG ISPR Lt. Gen. Ahmed Sharif revealed that Pakistan neutralized 12 Indian drones during incursions on May 7 and 8. The drones were intercepted in Lahore, Gujranwala, Chakwal, Bahawalpur, Mianu, Karachi, Chhor, and Attock. He confirmed that in Mianu, Sindh, one civilian was martyred during the incident. The DG…

Xi Jinping and Vladimir Putin Hold Strategic Talks in Moscow

On the morning of May 8, Chinese President Xi Jinping met Russian President Vladimir Putin at the Kremlin in Moscow. Xi emphasized that strengthening China-Russia ties is a historic necessity, vital for national development, mutual cooperation, and global justice. He noted the 80th anniversary of the victory against Japanese aggression and fascism, highlighting shared sacrifices.…

Multiple Indian Drones Crash Across Pakistan; Casualties Reported

On May 8, 2025, multiple Indian drones reportedly crashed in various Pakistani cities, including Rawalpindi, Karachi, Lahore, Sialkot, Gujrat, and Ghotki. In Rawalpindi, a drone fell near the Cricket Stadium Food Street, injuring two people and damaging a shop. The drone allegedly collided with a tree. One civilian was killed and five others injured nationwide,…

Israeli Airstrikes Hit Yemen’s Sanaa Airport and Power Station, Flights Suspended

Israeli airstrikes struck Sanaa International Airport and a nearby power station in Yemen, causing major destruction. Verified footage by Reuters shows the aftermath of the second strike in two days against Iran-aligned Houthi rebels. The Israeli military said the strikes were in retaliation for a Houthi missile attack near Ben Gurion Airport. As a result,…

Oil Prices Rise Amid U.S.-China Trade Talks and Lower U.S. Production

Oil prices saw a slight increase on Wednesday, hovering just above recent four-year lows. Investors were focused on ongoing U.S.-China trade talks, hoping for progress that could boost global demand. Additionally, signs of reduced U.S. oil production contributed to the price rise, as a potential drop in output may help balance the market. However, uncertainty…

Ambassador of Türkiye Expresses Strong Solidarity with Pakistan

The Ambassador of Türkiye recently met with Deputy Prime Minister and Foreign Minister Ishaq Dar to convey Türkiye's unwavering solidarity with Pakistan following India’s unprovoked violation of Pakistan's sovereignty and the tragic loss of innocent lives. During the meeting, both sides engaged in in-depth discussions on regional security concerns. They reaffirmed their commitment to maintaining…

Footage of Destruction of India’s Sixth Aircraft Emerges

Newly released footage shows the destruction of India's sixth aircraft, reportedly downed by Pakistani forces. The aircraft was targeted amid escalating tensions between the two countries. The visuals capture the dramatic scene of the aircraft being struck and going down. Military officials on both sides are yet to provide full details on the incident, but…

Pakistan Closes Airspace for 48 Hours, All Flights Canceled, Islamabad International Airport Evacuated

In response to rising tensions, Pakistan has closed its airspace for the next 48 hours. All flights have been canceled, and Islamabad International Airport has been evacuated. This decision comes after the recent escalation following the destruction of Subhan Mosque in Bahawalpur due to an Indian airstrike. Authorities are urging the public to stay informed…

Bahawalpur: Subhan Mosque Completely Destroyed in Indian Attack

According to sources, the renowned religious center Subhan Mosque in Bahawalpur was completely destroyed in an airstrike today. The building was leveled, and the details of casualties are still being awaited. Local residents and rescue teams have reached the site. This attack marks a significant escalation in the border tensions. Pakistani officials have strongly condemned…

May 7, 20250Comments

Byadmin