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In a significant development, the federal cabinet of Pakistan has approved the export of an additional 100,000 metric tons of sugar, a decision that contrasts with Prime Minister Shehbaz Sharif’s earlier stance of withholding further exports due to concerns over local market prices and supply stability. Cabinet’s Approval Process and ECC’s Role The cabinet ratified the summary through circulation on …

In a significant enforcement of EU data privacy laws, the Irish Data Protection Commission (DPC) has fined Meta, Facebook’s parent company, $101 million (€102 million) over inadequate security practices related to password protection. The fine comes after an investigation revealed that Meta had failed to adequately safeguard user passwords and had delayed notifying the regulator about the breach. The Breach: …

In a significant move aimed at bolstering revenue and reducing the tax burden on current taxpayers, Pakistan’s Finance Minister, Muhammad Aurangzeb, announced that the government is abolishing the category of non-filers from its tax laws. Speaking in an interview with Voice of America during his visit to New York, the finance minister emphasized the need for a more streamlined and …