Manitoban recalls horrors of Bangladesh garment factories
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CTV News
5 days ago
- CTV News
Pakistan and U.S. reach a trade agreement to develop oil reserves and reduce tariffs
ISLAMABAD — The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan's largely untapped oil reserves and lower tariffs for the South Asian country, officials from both nations said Thursday. Officials did not specify where the exploration would take place, but most of Pakistan's reserves are believed to be in the insurgency-hit southwestern province of Balochistan, where separatists say the province's natural resources are being exploited by the central government in Islamabad. 'We have just concluded a deal with the country of Pakistan, whereby Pakistan and the United States will work together on developing their massive oil reserves,' U.S. President Donald Trump wrote on his Truth Social platform. 'We are in the process of choosing the oil company that will lead this partnership,' Trump added. 'Who knows, maybe they'll be selling oil to India someday!' Total U.S. trade with Pakistan was an estimated $7.3 billion in 2024, according to the Office of the United States Representative, which said on its website that U.S. exports to Pakistan in 2024 were $2.1 billion, up 4.4% ($90.9 million) from 2023. U.S. imports from Pakistan totaled $5.1 billion in 2024, up 4.9% ($238.7 million) from 2023, it said. There was no immediate comment from the Baloch nationalists and separatist groups. Balochistan has long been the center of violence mostly blamed on groups including the outlawed Balochistan Liberation Army, or BLA, which the U.S. designated a terrorist organization in 2019. Separatists in Balochistan have opposed the extraction of resources by Pakistani and foreign firms and have targeted Pakistani security forces and Chinese nationals working on multibillion-dollar projects related to the China-Pakistan Economic Corridor. Oil reserves are also thought to exist in the southern Sindh, eastern Punjab and northwestern Khyber Pakhtunkhwa provinces. Pakistan's Prime Minister Shehbaz Sharif welcomed the 'long-awaited' deal and thanked Trump for playing a key role in finalizing it. Pakistan had been pursuing a trade agreement since May, when Trump mediated a ceasefire between Pakistan and India following an escalation triggered by Indian airstrikes on Pakistani territory in response to the killing of 26 tourists in Indian-controlled Kashmir. Pakistan's Finance Ministry said in a statement early Thursday the agreement aims to boost bilateral trade, expand market access, attract investment and foster cooperation in areas of mutual interest. The breakthrough came during a meeting in Washington between Pakistani Finance Minister Muhammad Aurangzeb and senior U.S. officials, including Commerce Secretary Howard Lutnick and Trade Representative Ambassador Jamieson Greer. The deal includes a reduction in reciprocal tariffs, particularly on Pakistani exports to the U.S., the statement from the ministry said. 'The agreement enhances Pakistan's access to the U.S. market and vice versa,' it said. The agreement is also expected to spur increased U.S. investment in Pakistan's infrastructure and development projects, it added. The ministry said the deal reflects both nations' commitment to deepening bilateral ties and strengthening trade and investment cooperation. Munir Ahmed, The Associated Press
National Post
5 days ago
- National Post
CBRM Outside Workers Vote Yes to Job Action
SYDNEY, Nova Scotia — After months of negotiations, outside workers for the Cape Breton Regional Municipality have voted yes to strike action. Late last week, Local 759 of the Canadian Union of Public Employees held a strike vote, with 96% of votes in favour of possible job action. Article content 'As we have shown our employer in the past, our members are ready to fight for what we know we deserve,' said CUPE 759 President, Dave Kelloway. Article content Article content Several issues remain on the table: Workers are seeking improvements to leave benefits; competitive wage increases to combat staffing shortages and improved protections that would prevent the employer from undermining seniority. Article content CUPE 759 represents over 300 workers employed by the Cape Breton Regional Municipality, in roles such as carpenters, cleaners, heavy equipment operators, plumbers, electricians, mechanics, horticulturalists, transit operators, solid waste collection & processing, parks and grounds workers, and water & wastewater treatment operators. Article content 'We maintain all CBRM infrastructure, buildings, and public assets. From roads to parks to ice surfaces—and everything in between,' continued Kelloway. 'As public workers, we feel privileged to serve communities that we both live and work in. We are proud of the work we do, and we are proud of the island we call home.' Article content Article content Article content Article content Article content Contacts Article content For more information, please contact: Article content Dave Kelloway President, CUPE 759 902-578-9557
CBC
29-07-2025
- CBC
Most people want to work remotely — companies want them back in-office
A recent Angus Reid Survey suggests the majority of workers would prefer a fully remote or hybrid workplace, but many employers are opting to have employees in the office more anyway.
