Pakistan has ranked number one on the Global Terrorism Index for the first time, recording a six per cent increase in terrorism-related deaths, 1,139, in 2025, it emerged on Sunday. The Global Terrorism Index 2026 published by the Institute for Economics and Peace (IEP) provides a comprehensive summary of the key trends and patterns in terrorism over the last two decades. The report ranks 163 countries (99.7pc of the world’s population) according to the impact of terrorism. The indicators include the number of terrorist incidents, fatalities, injuries and hostages. The Global Terrorism Index. — Screengrab via report According to the report, Pakistan’s “strained” relationship with neighbouring countries, particularly Afghanistan, and rising violence from the banned Tehreek-i-Taliban Pakistan (TTP) and the banned Balochistan Liberation Army (BLA) have created “significant security” risks for the country. “Deaths from terrorism in Pakistan are now at their highest level since 2013, with the country recording 1,1...
A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. A Nevada judge has temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to prevail in a legal fight over whether the company’s event contracts violate Nevada gambling laws. Carson City District Court Judge Jason Woodbury issued a temporary restraining order on Friday, siding with a Nevada Gaming Control Board motion to block Kalshi from operating in the state for 14 days. "Prediction markets, to the extent they facilitate unlicensed gambling, are illegal in Nevada, and we have a statutory duty to protect the public," Nevada Gaming Control Board Chair Mike Dreitzer said in a statement to Reuters. Read more
The Commodity Futures Trading Commission staff has provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot. The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year. In a notice on Friday, the CFTC’s Market Participants Division and Division of Clearing and Risk responded to frequently asked questions that emerged from two staff letters issued in December that established a pilot allowing crypto to be used as collateral in derivatives markets. The notice reminded futures commission merchants wanting to take part in the pilot that they must file a notice with the Market Participants Division “which includes the date on which it will commence accepting crypto assets from customers as margin collateral.” Read more