Regional
Pakistan’s former president Zardari wins another term
Pakistan’s former president Asif Ali Zardari won a second term on Saturday, supported by the ruling coalition in a vote by parliament and regional assemblies, the election presiding officer said.
The role of president is largely ceremonial in Pakistan but Zardari is known as a master of reconciliation and could help the governing coalition partners reach a consensus to steer the broken economy on a stabilisation path ahead of seeking a new IMF bailout.
As president, Zardari will also be the supreme commander of the country’s armed forces, which play an oversized role in making or breaking governments.
Presiding officer Justice Amir Farooq announced the winner in a live TV broadcast.
Zardari got 411 votes, easily defeating the 181 votes cast for nationalist leader Mehmood Khan Achakzai, according to a statement from the parliament.
The president is elected by votes in the lower and upper house of the parliament and four provincial legislative assemblies.
Zardari is the widower of former Prime Minister Benazir Bhutto and gained political stature after his wife’s assassination in a suicide bombing in December 2007, taking control of the PPP Party, in line with wishes expressed in her will.
He became president in 2008 and served until 2013, a period in which a U.S. special forces raid inside Pakistan found and killed Osama bin Laden in 2011.
Zardari’s greatest achievement during his first term was seen as the building of a rare political consensus on adopting a new legal and political framework to decentralise power and curb the presidential powers wielded by former military leaders.
From the early 1990s to 2004, he spent 11 years in jail on graft charges, which were never proven in any court and that he and his party called military-backed political victimisation, a charge the army denies. – Reuters
Regional
Iran defends two-day proposal for peace talks after US rejects conditions
Iran defended a proposal on Monday to restart peace talks in as few as two days as the most reasonable offer on the table, after US Secretary of State Marco Rubio called some of Iran’s conditions “outrageous and ridiculous”.
Iran defended a proposal on Monday to restart peace talks in as few as two days as the most reasonable offer on the table, after US Secretary of State Marco Rubio called some of Iran’s conditions “outrageous and ridiculous”, Reuters reported.
“Is it unreasonable that Iran demands that US illegal sanctions and its naval blockade must be lifted before negotiations start and that the war should end on all fronts?” Foreign Ministry spokesman Esmaeil Baghaei told a weekly press conference in response to Rubio’s remarks.
Iran defended a proposal on Monday to restart peace talks in as few as two days as the most reasonable offer on the table, after US Secretary of State Marco Rubio called some of Iran’s conditions “outrageous and ridiculous”.
“Is it unreasonable that Iran demands that US illegal sanctions and its naval blockade must be lifted before negotiations start and that the war should end on all fronts?” Foreign Ministry spokesman Esmaeil Baghaei told a weekly press conference in response to Rubio’s remarks.
Regional
Explosions heard in areas in southern Iran, Iranian media report
Earlier on Saturday, Tasnim news agency said two missiles struck Qeshm Island with no official information on possible damage.
Explosions were heard on Saturday evening in several areas in southern Iran, including on Qeshm Island in the Strait of Hormuz, Iranian state television reported.
Iran’s state TV suggested that the explosions might be linked to Iranian military activities in the strategic waterway, which has become subject to repeated attacks on commercial shipping since the war erupted between the US and Iran in February.
It said Iranian officials have not confirmed any missile strikes on the areas, while the semi-official Tasnim news agency cited a source as saying that the explosions heard on Qeshm Island were not related to missile strikes.
Iran’s Revolutionary Guards Navy said early on Sunday that two oil tankers were on fire after hitting mines as they attempted to pass through an “unauthorized route” in the strait. It was not immediately clear if the incidents referred to by the IRGC were linked to the sound of explosions heard in southern Iranian areas.
Iran has hit vessels it says have violated its restrictions on passage through the waterway, as it seeks to assert control over the strait and exert pressure on Washington.
Earlier on Saturday, Tasnim news agency said two missiles struck Qeshm Island with no official information on possible damage.
The reported explosions come days after the US carried out strikes on the island. A US official said those strikes were limited and not a resumption of major combat operations.
The US military said on Saturday evening that its forces disabled a commercial vessel that tried to get through the US blockade of Iran.
The US Central Command said one of its aircraft fired at the vessel’s stern and disabled the ship after it attempted to violate the blockade.
Countries in the region had been anticipating that US President Donald Trump, who has held off on strikes on Iran during the weeks leading up to Tuesday’s midterm elections, could restart attacks once the voting was over. Iran has repeatedly said it would respond to new attacks by striking at US and Israeli targets in neighboring countries.
Regional
Pakistan’s leaders dread US Democrats’ win but its households are praying for it
Pakistan’s courtship of Trump, capped by its mediation in the Iran war, earned it a close relationship with his administration. That access has yet to deliver clear economic gains, and congressional scrutiny of Islamabad’s dealings with Trump’s inner circle now threatens the rewards its leaders hoped would follow.
Pakistan’s leaders spent two years courting US President Donald Trump, but after the Democrats’ win in Tuesday’s congressional vote, they are preparing for scrutiny of their access to the White House.
Ordinary Pakistanis see the result differently. Many hope the shift in Washington will ease a cost-of-living crisis intensified by the US-Israel war on Iran, Reuters reported.
“We believe meaningful negotiations with the current US administration are not possible, and the ongoing bloodshed will not end until there is a change in [the US] government,” Karachi resident Sajjad Ali said.
“We want peace, economic improvement and a reduction in the rising oil prices.”
Asim Zafar, also from Karachi, said he hoped the results would rein in Trump. “It could bring changes in important policies and perhaps help prevent some of the injustices being committed against Muslim countries,” he said.
But for Pakistan’s government and powerful military leadership, analysts say, the outcome is far more worrying.
Pakistan’s courtship of Trump, capped by its mediation in the Iran war, earned it a close relationship with his administration. That access has yet to deliver clear economic gains, and congressional scrutiny of Islamabad’s dealings with Trump’s inner circle now threatens the rewards its leaders hoped would follow.
A BET ON ONE MAN
The courtship began early in Trump’s second term, with army chief Asim Munir — who Trump has repeatedly described as his “favourite field marshal” — as Islamabad’s main channel to the White House.
Their June 2025 lunch took place unusually without Pakistani civilian officials present, which put the military at the centre of the rapprochement.
According to Pakistan’s military, their talks went beyond security to cooperation in mining, energy and cryptocurrency.
Pakistan then joined Trump’s Board of Peace and nominated him for the Nobel Peace Prize, crediting him with helping end its May 2025 conflict with India. New Delhi denies US mediation halted hostilities.
Earlier this year, Iran mediation gave the courtship strategic substance: Islamabad relayed messages and hosted April talks between the US and Iran, but the eventual Islamabad Agreement quickly faltered.
For consumers, Pakistan’s rising diplomatic influence has offered little protection from the war’s costs while the payoff for the state has also been thin. The US Export-Import Bank approved $1.25 billion for Pakistan’s Reko Diq copper and gold project in December 2025. But Pakistan’s signature $10 billion request for a US Treasury facility remains unanswered.
DEALS UNDER SCRUTINY
Pakistan’s outreach, public and private, now carries political risk because several arrangements involve Trump’s family or close associates.
Islamabad has signed memoranda to explore payments in USD1, a stablecoin issued by the Trump-linked World Liberty Financial. At the signing in January, Finance Minister Muhammad Aurangzeb said innovation should be “aligned with regulation, stability, and national interest.”
It has also signed another memorandum to redevelop Manhattan’s Roosevelt Hotel, a deal negotiated by envoy Steve Witkoff, and placed a limited drone order with Powerus, whose investors include Trump’s sons Donald Jr. and Eric.
“There are no conflicts of interest,” White House spokeswoman Anna Kelly told Reuters in September, when asked about Powerus.
Husain Haqqani, a former Pakistani ambassador to Washington and senior fellow at the Abu Dhabi-based Anwar Gargash Diplomatic Academy, said Pakistan’s leaders had “built a transactional relationship” with Trump’s team. Some arrangements involving the president’s friends and relatives “might not last,” he said. “Pakistan seems totally unprepared for that scrutiny.”
Daniel Markey, a senior fellow at the Washington-based Stimson Center, warned that investigations could taint the wider relationship if dealings appeared driven by private interests.
From Pakistan’s perspective, there may still be cards left to play, analysts said.
The Atlantic Council’s Michael Kugelman said Pakistan’s counterterrorism cooperation and Iran diplomacy enjoyed bipartisan support, and Democrats would be more likely to blame problematic deals on Trump than on Pakistan.
But “the risk for Pakistan is that it put so many of its diplomatic eggs in the White House basket that it won’t have anything left for the Democrats,” Kugelman said.
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