The Pakistan Meteorological Department has forecast rainfall in Karachi as a new westerly weather system enters the region from Tuesday evening. The city is expected to experience intermittent rain starting Wednesday, bringing some relief from the current warm and humid conditions.

According to the forecast, Karachi’s weather will remain partly cloudy to cloudy, with temperatures reaching up to 33°C and humidity around 88%. Rainfall is likely to continue from March 25 to 29, accompanied by strong winds and thunderstorms in various parts of the city.

Other cities in Sindh, including Hyderabad, Sukkur, Dadu, Kashmore, Jacobabad, and Larkana, are also expected to receive rain during this period, indicating a wider impact of the weather system.

The system is expected to enter Balochistan on March 24 and intensify by March 27, bringing rain to areas such as Gwadar, Quetta, Khuzdar, Turbat, and Chaman, along with thunderstorms and strong winds.

Earlier, rainfall during Eid-ul-Fitr disrupted prayer arrangements in Karachi, with several areas experiencing heavy showers, gusty winds, and lightning. Coastal areas like Clifton and Sea View were also affected.

Authorities have advised residents to remain cautious during the forecast period, as strong winds and changing weather conditions may cause disruptions. The warning comes after recent severe weather in the city that resulted in casualties, highlighting the importance of preparedness.

Global markets surged on March 23, 2026, after Donald Trump signaled a potential diplomatic opening with Iran, announcing a delay in planned U.S. strikes. The comments boosted investor confidence, triggering a strong recovery across equities and easing fears of further escalation involving the United States.

Major U.S. indexes posted sharp gains, with the Dow Jones Industrial Average rising nearly 2%, the S&P 500 climbing 1.67%, and the Nasdaq Composite advancing 1.85%. These marked the biggest single-day increases since early February, reflecting renewed optimism in global financial markets.

European markets also responded positively, while oil prices dropped by more than 10%, signaling improved risk appetite among investors. The easing of geopolitical concerns helped stabilize sentiment after recent volatility driven by fears of attacks on energy infrastructure in the region.

However, Iran’s foreign ministry denied holding any direct talks with the United States, maintaining that its conditions for ending the conflict remain unchanged. Despite this, reports suggest that backchannel discussions may still take place, raising hopes for possible de-escalation.

Investor expectations regarding interest rates also shifted, with reduced bets on aggressive policy tightening by the Federal Reserve. Market participants now anticipate a more cautious approach, as geopolitical tensions and inflation concerns continue to influence monetary policy decisions.

The rebound extended across sectors, with airline, banking, and consumer stocks posting notable gains. Analysts caution that while markets have reacted positively, the situation remains uncertain, and future movements will depend heavily on diplomatic developments and regional stability.

The world’s 20 largest publicly listed airlines have collectively lost around $53 billion in market value since the conflict involving the United States, Israel, and Iran began in February, according to reports cited by Al Jazeera from the Financial Times.

The sharp decline highlights the growing impact of geopolitical tensions on the global aviation industry, with airlines facing widespread disruptions across key international routes. Gulf hub airports, which serve as major transit points, have been particularly affected due to airspace restrictions and security concerns.

As a result, numerous flights have been grounded, rerouted, or cancelled, significantly affecting passenger traffic and airline revenues. The uncertainty surrounding the conflict has also led to increased operational costs, including higher fuel prices and insurance premiums.

The report describes the situation as the aviation sector’s worst crisis since the COVID-19 pandemic, which previously brought global travel to a near standstill. The current crisis is once again testing the resilience of airlines already recovering from past financial losses.

Industry analysts warn that continued instability in the Middle East could further strain airline operations and delay recovery. The situation underscores how sensitive global aviation remains to geopolitical developments and regional conflicts.

Pakistan has been ranked as the world’s most terrorism-affected country for the first time, according to the Global Terrorism Index 2026 released by the Institute for Economics and Peace. The report highlights a significant rise in security challenges across the country.

In 2025, Pakistan recorded 1,139 terrorism-related deaths, marking a 6% increase compared to the previous year, along with 1,045 incidents. The index evaluates 163 countries based on key indicators such as fatalities, attacks, injuries, and hostage situations, offering a comprehensive overview of global terrorism trends.

The report attributes the worsening situation to regional tensions, particularly with Afghanistan, and increased activity by banned militant groups such as Tehreek-i-Taliban Pakistan and Balochistan Liberation Army. These factors have contributed to a surge in violence across multiple regions.

The provinces of Khyber Pakhtunkhwa and Balochistan were the most affected, accounting for over 74% of attacks and 67% of total fatalities. These areas continue to face persistent security threats due to their proximity to conflict zones and ongoing militant activity.

Notably, terrorism-related fatalities in 2025 reached their highest level since 2013, underscoring the severity of the situation. The findings emphasize the need for strengthened counterterrorism strategies and regional stability to address the growing threat and improve security conditions in the country.

Gold prices have dropped to their lowest level of the year amid escalating tensions in the Middle East, raising concerns about inflation and the possibility of further interest rate hikes. The decline reflects shifting investor sentiment as global economic uncertainty continues to grow.

In early European trading, New York gold futures plunged by 9.5%, extending the sharp losses recorded last week. The steep decline highlights increased volatility in the global bullion market as traders react to geopolitical developments.

Analysts attribute the drop to rising energy prices, with oil surpassing $100 per barrel, which is fueling expectations of tighter monetary policy. Higher interest rates typically reduce the appeal of gold, as investors shift toward yield-bearing assets.

Other precious metals also faced significant pressure, with silver and platinum recording double-digit losses. The broader decline across metals signals a market-wide adjustment driven by economic and geopolitical factors.