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PSX crashes 3,300 points on Trump tariff shock
Trading suspended at PSX as KSE-100 loses 6000 points
Karachi markets to remain closed today in solidarity with Gaza
Canals Project: SHC suspends IRSA’s water availability certificate
Pakistan security forces neutralise nine Khawarij in DI Khan: ISPR
1698 Afghan refugees deported from Khyber Pakhtunkhwa
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ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
PSX crashes 3,300 points on Trump tariff shock
Trading suspended at PSX as KSE-100 loses 6000 points
Karachi markets to remain closed today in solidarity with Gaza
Canals Project: SHC suspends IRSA’s water availability certificate
Pakistan security forces neutralise nine Khawarij in DI Khan: ISPR
1698 Afghan refugees deported from Khyber Pakhtunkhwa
Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY
Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP
ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
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NewsTranscript
01:00India's stock market crashed.
01:03Oil index fell by 5% to 21,758 points.
01:07Sensex fell by 5.29% to 71,389 points.
01:13European markets fell as soon as it opened.
01:15Frankfurt's DEX index fell by 10%.
01:18London's FTSE 100 fell by 6%.
01:22Italy fell by 8.4%, while Sweden and Switzerland's markets fell by 7%.
01:27Japan's Nakai index fell by 9.5%, while Taipei's index fell by 9.6%.
01:33Hong Kong's Hang Seng fell by 13.6%.
01:37Singapore's index fell by 8%, while Shanghai's index fell by 7%.
01:40Trading was halted in South Korea.
01:42Sydney's stock lost $160 billion.
01:46Benchmark S&P fell by 6% in 15 minutes.
01:50Saudi's stock market lost Rs 500 billion.
01:53Tassie's index fell by 11,200 points.
01:58Aramco's share price fell by $90 billion.
02:01Qatar, Kuwait, Muscat and Bahrain's stock markets also fell.
02:05After May 2020, the largest decline in the Gulf stock market has been recorded.
02:12The European Union has decided to impose a tariff of $28 billion.
02:17The European Commission will discuss the tariff with the United Nations.
02:22On April 24, the British Prime Minister will meet in London.
02:27The European Union is ready to defend itself on the tariff issue.
02:31It is also ready to negotiate with the United States.
02:34The European bloc, consisting of 27 countries, faces a tariff of 25% from the United States.
02:41U.S. President Donald Trump says he will not back down from the tariff
02:46until other countries equalize their trade volume with the U.S.
02:51In a media interview, the U.S. President said
02:54trade losses from China cannot be resolved without negotiations.
02:58He does not want the global market to fall,
03:01but sometimes medicine has to be taken to fix something.
03:05The U.S. is bringing billions of dollars from the tariff.
03:10We have a trillion-dollar trade deficit with China.
03:12We have to solve our trade deficit.
03:14Hundreds of billions of dollars a year we lose with China.
03:17And unless we solve that problem, I'm not going to make a deal.
03:20They have to solve their surplus.
03:22We spoke to a lot of leaders, European, Asian, from all over the world.
03:27We've been treated so badly by other countries
03:30because we had stupid leadership that allowed this to happen.
03:33The problem is that Europe has made a fortune with us.
03:36Europe's treated us very badly.
03:38We put a big tariff on Europe.
03:40They want to talk, but there's no talk
03:42unless they pay us a lot of money on a yearly basis.
03:45What's going to happen with the market? I can't tell you.
03:47I don't want anything to go down,
03:49but sometimes you have to take medicine to fix something.
03:52The tariff will increase inflation.
03:54There is no need to bargain.
03:56The U.S. Treasury Secretary, Scott Bessonett,
03:58has rejected the tariff.
04:00He said, new tariffs will increase revenue.
04:02Tariffs will be an adjustment in prices.
04:04There is a big difference between increasing prices
04:06and a temporary adjustment.
04:08The director of the U.S. National Economic Council says
04:11that more than 50 countries have contacted him for negotiations.
04:14The announcement of tariffs is not a result of any political wisdom.
04:18President Trump has adopted the wisdom of crashing financial markets
04:21in order to reduce interest rates.
04:26The international oil market is still very weak.
04:30In three days, the price of crude oil fell by 13.5%.
04:34In Monday, the price of crude oil fell by 3.5%.
04:38In London, Brent crude oil fell by $2.28
04:42and fell to $60.30 per barrel.
04:44In West Texas, crude oil fell by $2.20
04:47and fell to $69.76 per barrel.
04:50Experts say the price of U.S. crude oil
04:52may fall to $50 per barrel.
04:56Asia, Europe, and the United States
05:00are under U.S. tariffs.
05:03Trump's actions have led to a crash in the economy,
05:06but in the midst of this crisis,
05:08opportunities for countries like Pakistan are also hidden.
05:11Can Pakistan use its existing trade policies
05:13to turn this loss into profit?
05:15Let's find out in this report by Almas Ahmed Khan.
05:18Experts say that where Trump's tariff war
05:21has affected the economy of most countries,
05:24countries like Pakistan and third world countries
05:27can take advantage of this situation.
05:30Our export is about $5 billion
05:33and our import is about $1.5 billion.
05:36So definitely we should reduce the tariff on their products
05:40so that we can get a better chance in export.
05:44The recent decrease in electricity tariffs
05:46and the possibility of a decrease in the production cost
05:49can make the Pakistani Brahmins resentful.
05:52There is no immediate benefit for us.
05:55But the government of Pakistan
05:57has reduced the electricity tariffs
06:00by Rs. 7.41 and Rs. 7.69.
06:02This will make a difference.
06:04Our economy, which was already going into a recession,
06:07will at least become stable.
06:09Those who have stopped getting electricity
06:11will expect it to continue.
06:13Those who were about to stop getting electricity
06:15will at least become stable.
06:16Countries where the production cost and tariffs
06:18are higher than Pakistan's,
06:20Pakistan can still buy from the US market
06:23with its existing trade policies.
06:25With cameraman Waris Jamal,
06:27Almas Ahmed Khan, ARY News, Lahore.
06:29Minister of Petroleum Ali Parvez Malik says
06:32that in the Pakistan Mineral Investment Forum 2025,
06:352,000 people are coming from all over the world.
06:37Representatives from China, Turkey, Azerbaijan,
06:39Saudi Arabia and large companies from the US
06:42will participate.
06:43There will be MOUs and agreements.
06:45The official voice of the Pakistan Mineral Investment Forum 2025
06:49will be heard on 8th and 9th.
06:52It will be criticized for two days
06:54that some guests have already started coming.
06:56We are receiving support from Turkey,
06:58China, Azerbaijan, Saudi Arabia and the US.
07:01We are also receiving support from Denmark,
07:03Finland, Kenya and the UK.
07:06We are expecting participation.
07:10It is about 2,000 people.
07:14Pakistan Mineral Investment Forum 2025
07:18You will see MOUs and some agreements being executed.
07:23The Rico-Dick project is going on.
07:26These are huge funds.
07:28I am talking about copper and gold.
07:30We have them in the Chagli district
07:32and in other countries of Pakistan.
07:34They will showcase the resource potential.
07:37The law firm White & Case was given this responsibility.
07:40They have drafted this framework.
07:42The mineral resources of Balochistan
07:44can change the destiny of Pakistan.
07:47According to an estimate,
07:49there are more than 5.9 billion tons of copper and gold in Chagli.
07:53Our representative, Laeeq-ur-Rehman,
07:55is telling us about the Sendak project.
07:58Pakistan is blessed with many resources.
08:01They play a central role in the prosperity of any nation.
08:05One of them is the Sendak Copper Gold Project.
08:08The Geological Survey of Pakistan began in the 1960s.
08:12During this time, China's MCC company
08:15made sure that this project will be completed
08:19despite numerous failures in the 1960s.
08:24By 2037, we will be able to get 300,000 tons of pure copper from here.
08:30The age of this project may increase to 30 years.
08:34Through the Open Pit Company,
08:36copper ore is extracted and different metals are separated.
08:40There is copper, gold, and silver.
08:43There is 150 million tons of ore here.
08:46As of now, more than 350,000 tons of pure copper have been extracted from the Sendak project.
08:52By 2037, more than 300,000 tons of pure copper and gold
08:57are also expected to be extracted for the purpose of silver and copper.
09:01We upgrade the ore from the mining to 22%.
09:08China's company MRDL is also fulfilling its social responsibilities under the project.
09:13The Sendak School and hospitals are included in the project for local population.
09:20I would like to become a doctor when I grow up.
09:23We cover about 700 km radius.
09:28Patients come to us from Naukundi, Taftan, border, Iran.
09:36The positive effects of the project in the villages around Sendak are beneficial.
09:40Since the company has come here,
09:43the people of the area are getting the facilities that the company has.
09:47There is electricity for 24 hours.
09:49You are getting water.
09:50Your children are studying.
09:51There is a wide range of capital in the field of copper, gold and other minerals in the country.
09:58With the help of the Sendak Project,
10:00the national economy can be improved.
10:09With cameraman Javed Altaf,
10:11Laikur Rehman, Airline News, Sendak Project, Chagi.
10:14We will be back after this break.
10:16Welcome back.
10:46The security forces in Dera Ismail Khan's area of Taqwada have carried out a secret operation and killed nine journalists.
11:11The ISPR says that Shiri, the leader of Khawarij, is also among the terrorists.
11:16On March 24, he was also responsible for the martyrdom of Captain Hasnain Akhtar.
11:20The ISPR says that the security forces are determined to end terrorism from the country.
11:25Shiri, the leader of Khawarij, is also among the terrorists.
11:32On March 20, Shiri was also involved in the martyrdom of Captain Hasnain Akhtar.
11:38Weapons and ammunition were also recovered from the killed journalists.
11:41Clearance operation was carried out to end possible foreigners in the area.
11:45The ISPR says that the security forces are determined to end terrorism.
11:49Eight foreigners were killed by failed attempts from the Afghan border last day.
11:56In Karachi, the Rangers and the C.H.D. have arrested the wanted terrorists, Inamullah
12:03alias Lala, Naeemullah alias Omar Zali, and Muhammad Taib alias Muhammad.
12:09The three terrorists are related to the Fetna al-Khawarij Hafez Gul Bahadur group.
12:13According to the Rangers, the arrested terrorists were planning to carry out terrorism in Karachi.
12:18They are also involved in the attacks on security forces and other terrorist activities.
12:23The arrested terrorists have been arrested and their weapons have been recovered.
12:27Terrorist Naeemullah was keen to organize his network in Karachi.
12:32Terrorist Inamullah alias Lala and Muhammad Taib alias Muhammad were also keen to organize
12:37the Fetna al-Khawarij network in Karachi.
12:42Sindh High Court has revoked Irsa's water rights certificate.
12:47Sindh High Court has revoked Irsa's water rights certificate.
12:53The government has asked for an answer.
12:56The court has asked for a detailed answer from the government till April 18.
13:00Advocate General Sindh has said that the construction work on the canals should be stopped after
13:04the trial.
13:05The lawyer for the request has stated that Sindh has not specified the right for irrigation.
13:12Irsa's formation is illegal.
13:14Irsa's formation is illegal.
13:16Irsa's formation is illegal.
13:18The certificate was issued on January 24 for the construction of Thal Canal Phase 2 Cholistan Canal.
13:27People's Party criticised Governor Sindh.
13:29MK Imranullah Farooq Sattar criticised the Mayor of Karachi.
13:33He said that he is the Mayor of Clifton and Shahra-e-Faisal.
13:37Has he ever been to New Karachi or Liaquatabad?
13:39The Mayor of Karachi has not said a word against the Dumper Mafia.
13:43Why? Is there any connection?
13:45The Governor is standing with the oppressed.
13:47He is after them.
13:49He should be ashamed.
13:51He is the Mayor of Clifton.
13:53He is the Mayor of Shahra-e-Faisal.
13:55He is the Mayor who stole the performance of the cantonment.
13:57Come to New Karachi.
13:59How many times have you visited Liaquatabad?
14:01Do your work.
14:03Do your work.
14:05You have become a Cameran-phobia.
14:07You have lost your sleep.
14:09You have lost your peace.
14:11Instead of reading these books,
14:13do your work.
14:15In a year, elections will be held.
14:17You will know the value of wheat and pulses.
14:19It is the moon instead of life.
14:21It is the responsibility of the Governor of Sindh,
14:23the Government of Sindh,
14:25and the Minister of Interior, Mr. Lanjar.
14:27How many murderers were arrested?
14:29The Dumper Container,
14:31the Water Tanker,
14:33the Tanker Mafia.
14:35You have not said a word
14:37against the Dumper Mafia and Tanker Mafia.
14:39Do you have a grudge against them?
14:41You are standing with the Mafia
14:43and scouring their wounds.
14:45Shame. Shame. You should be ashamed.
14:47The Governor works for 18 hours.
14:49He goes to the poor.
14:51If our votes are less,
14:53then where are your votes?
14:55You were elected in the KMC elections.
14:57The wheat that we chewed and ate
14:59and threw away,
15:01you are eating it.
15:03After that, you are saying that we are number one in KMC.
15:05We are number one in KMC.
15:07You are number one nationally.
15:09The way you used to talk to him,
15:11today he is talking to you.
15:13Mayor of Karachi, Murtaza Wahab's
15:15MQM, Farooq Sattar, is getting a firm response.
15:17He said that the criminals do not have churans,
15:19that is why they do political press conferences.
15:21Farooq Sattar told me that
15:23your time will also come.
15:25Farooq Sattar, this is not the Karachi of the past
15:27where the politics of the subjects were done.
15:29Farooq Sattar always
15:31talks without thinking.
15:33You talk to him.
15:35Today he was talking to you.
15:37You, mind your own business.
15:39This is what he said in his press conference.
15:41If you don't like what I said,
15:43if you don't like it,
15:45then there will be another press conference
15:47because he has given me a firm response.
15:49Today he has given me a firm response
15:51that your time will come.
15:53Farooq Sattar, this is not the Karachi of 1988.
15:55This is not the Karachi of 12th May 2007.
15:57Karachi has changed.
15:59And if you don't like our work,
16:01then think that we will clear the drains.
16:03We will clear the sewage lines
16:05with stones.
16:07We will not put stones.
16:09My fault is that Kamran Tissori
16:11does a press conference.
16:13He says that the mayor of Karachi
16:15should come to me.
16:17I will give him authority.
16:19I definitely did not ask for the help of the governor.
16:21He says that the roads are blocked
16:23and the route is laid.
16:25We cannot do this.
16:27We cannot do this.
16:29Governor, if you want to talk to me,
16:31don't talk to me through the media,
16:33talk to me directly.
16:35They put allegations that I work in the cantonment area.
16:37The governor did the act of pedal tennis
16:39in the cantonment area.
16:41We went to Yusufgod to fill the tears of crocodiles.
16:43There is a new drain on Yusufgod
16:45worth 1.25 lakh rupees.
16:47We did not go to the people of Yusufgod.
16:49And that is not the cantonment board.
17:01The people's party is behind this.
17:31The government should take control of the cantonment area as well.
17:33The Islamic community will go to court
17:35against this.
17:37They are talking to the Mukla.
17:39A case will be filed in Sindh High Court.
17:41This law actually serves a few people.
17:43The people's party is behind this.
17:45We will oppose this at all levels.
17:47We will force the people to withdraw the law.
17:49President of PTI Sindh,
17:51Ali Madal Sheikh
17:53wrote to the Chief Secretary
17:55to withdraw the new amendments in SPCA immediately.
17:57Ali Madal said that the rights of the people of Karachi
17:59The construction of new buildings will turn Karachi into a jungle of concrete.
18:04The heat from the new development will increase and the situation will worsen.
18:08Corruption will be eradicated by giving illegal buildings legal status.
18:11Development is acceptable without consultation with KDA, MDA and LDA.
18:16The new development is going against the orders of the Supreme Court.
18:19Chief Secretary, please take immediate notice.
18:22JIT has again called for PTI's guidance.
18:30Let's ask Zulqanain Haider.
18:32Zulqanain, who have you called?
18:34JIT has again called for PTI's guidance.
18:39They have been given a notice to present themselves in front of JIT on 8th April.
18:49Rauf Hassan, Hamad Azhar, Shibli Faraz, Alia Hamza and Arsalan Khalid have been notified.
18:55They have been notified earlier as well.
18:57They have been called again at 11am tomorrow.
19:01Thank you very much.
19:04No such conspiracy against Pakistan has been tolerated before, nor should it be tolerated now.
19:09The foreign powers are playing hostilities against the country.
19:13Senator Faisal Wada says,
19:16I am out of the country.
19:20We will have positive news for Pakistan in May.
19:22The positive news will not be from political and democratic bodies, but as usual, from others.
19:32It is the Parliament's job to control terrorism, not the court's.
19:36If the court thinks that terrorism will decrease or increase, it will not be able to decide.
19:41Justice Jamal Mandu Khel's remarks in the military trial case.
19:46Justice Jamal Mandu Khel said,
19:48According to you, military courts do not fall under Article 175.
19:52Military courts are subject to which section of the law?
19:55Then tell us.
19:56Defense Minister's lawyer Khawaja Haris said,
19:58There are many court decisions in relation to the court-martial.
20:01Justice Jamal Mandu Khel said,
20:03The courts only have to see whether the trial is in accordance with the law or not.
20:07Defense Minister's lawyer said,
20:09If a civilian loses his military rank, the Army Act will be passed.
20:12The law makers will have to decide where the trial will take place.
20:16Under the Army Act, the armed forces can also arrest civilians.
20:20The Supreme Court has adjourned until tomorrow.
20:24We will be back after this break.
20:26Stay with us.
20:30Welcome back.
20:31Arrested journalist Farhan Malik was released on bail in the Pekha Act and Call Center Fraud case in Karachi.
20:37The District Concession Judge of the City Court, East,
20:40accepted Farhan Malik's request for bail in the Pekha Act.
20:43He was ordered to deposit Rs. 100,000.
20:46His bail in the Call Center Fraud case was also accepted for Rs. 100,000.
20:51Farhan Malik's lawyer said,
20:52The Pekha Act is not presented on a screenshot.
20:55Even after six months, no evidence has been provided.
21:01Nawaz Sharif's departure from London has changed the schedule.
21:04Nawaz Sharif will leave for Belarus on 9th April with PM Shahbaz Sharif.
21:08Nawaz Sharif will leave for London on 10th April.
21:11Sadr Belarus has invited Nawaz Sharif for a special visit.
21:15Nawaz Sharif's medical check-up was done in Sharif Medical City.
21:18Doctors have assured Nawaz Sharif's health is stable.
21:25Meet the students of Matric from Rabia, Karachi.
21:27They are students of Rabia, but with their talent,
21:29they are breaking all the social barriers and making their name in the world.
21:33Rabia is the first girl from the Rabia family who has stepped into the world of boxing.
21:37Let's hear the story of Rabia from Ruha Fatima.
21:40The time has changed so much that girls are playing in every field.
21:45Rabia, 16 years old, is breaking all the social barriers.
21:49She is making her mark in the world of boxing.
21:53I am the national champion of Pakistan.
21:56I have won gold medals at all levels.
22:04Along with Rabia's education, she is also practicing boxing.
22:09I will go to all the championships and fight there.
22:14I will make my name in the world of boxing.
22:18This brave girl, who is from a remote area of Karachi,
22:23is waiting for the support of the government to touch the heights in the world of boxing.
22:28They say, dream big, work hard and you will reach your goal easily.
22:33With cameraman Mohammad Imad, Ruha Fatima, ARY News, Karachi.
22:38This is Film Akhter from News Bulletin.
22:40Keep watching ARY News.