Justice Jamal Khan Mandokhail on Monday wondered whether judges comprising the Supreme Court’s (SC) Constitutional Bench (CB) hearing petitions against the 26th Amendment could do so if they were its “beneficiaries”. The Amendment was passed by the parliament during an overnight session in October last year, with the PTI claiming seven of its lawmakers were abducted to gain their favour as the party opposed the legislation. The Balochistan National Party-Mengal (BNP-M) also alleged its two senators were being, with both later defying party line to vote in the tweaks’ favour. The legislation, which altered judicial authority and tenure, has been a lightning rod for debate with both opposition parties and legal experts questioning its impact on the judiciary’s independence. The tweaks took away the SC’s suo motu powers, set the chief justice of Pakistan’s (CJP) term at three years and empowered a Special Parliamentary Committee for the appointment of the CJP from among the three most senior SC judges. It also p...
Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize on Monday for their work on how innovation and the forces of “creative destruction” can drive economic growth and lift living standards across the globe. Their research explains how technology gives rise to new products and production methods which replace old ones, resulting in a better standard of living, health and quality of life. “Over the last two centuries, for the first time in history, the world has seen sustained economic growth. This has lifted vast numbers of people out of poverty and laid the foundation of our prosperity,” the Royal Swedish Academy of Sciences, which awards the prize, said in a statement. Economic growth not guaranteed The laureates have also shown that such progress cannot be taken for granted, the Academy said, while two of the prize winners highlighted that US President Donald Trump’s trade policies would impinge on growth. “Economic stagnation, not growth, has been the norm for most of human histo...