Epic encounter ends in thrilling tie

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US, Iran agree to continue talks, says Pakistan The United States and Iran have agreed to continue indirect negotiations on the Islamabad Memorandum of Understanding (MoU) , following positive progress made during mediator-facilitated talks in Doha , the Foreign Office said on Thursday. Meanwhile, Prime Minister Shehbaz Sharif is leaving today (Friday) for Iran at the head of a delegation along with cabinet ministers and senior officials to participate in the funeral ceremony of Late Supreme Leader Ayatollah Seyyed Ali Khamenei . "The prime minister will convey condolences on behalf of the people and Government of Pakistan to the Iranian leadership and the bereaved families, while reaffirming solidarity with the brotherly nation in this hour of profound grief," announced Tahir Andrabi, Spokesperson at the Foreign Office , during the weekly media briefing. Later, the prime minister will leave for Turkiye and together with President Recep Tayyip Erdogan hold discussion...
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daily check

· As per the latest industry reserve figures from the PPIS for Dec’25, rising by 6%/4% for oil and gas, respectively.  · We reiterate our ‘BUY’ stance on OGDC, PPL, MARI and POL, with Dec’26 target prices of PkR522/412/935/850 per share, respectively. Industry reserves see modest upgrade in Dec'25: As per the latest reserve figures published by PPIS for Dec'25, the industry's balance recoverable reserves improved on both fronts, with oil balance recoverable rising to 253mn bbls (+6%YoY) from 238mn bbls and gas balance recoverable increasing to 18,854 bcf (+4%YoY) from 18,142bcf. The aforementioned increase during the period is behest of the accelerated exploration and appraisal activity, leading to estimate reserve replacement ratio of 1.2x/1.5x for oil and gas, respectively (assuming latest production levels). Critically, oil reserve depletion improved to 81% (vs. 82% in Dec'24), the first improvement in several years, while gas depletion stabilized at 72%, indicati...
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BOOK

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LESSON 1: STANDARD 1: PROFESSIONALISM Knowledge of the Law B. Independence and Objectivity c. Misrepresentation D. Misconduct LOS 3a: Demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity. vol 1, pp 55-208 LOS 3b: Distinguish between conduct that conforms to the Code and Standards and conduct that violates the Code and Standards. vol 1, pp 55-208 LOS 3c: Recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.vol 1, pp 55-208 Standard I(A): Knowledge of the Law The Standard Members and candidates must understand and comply with all applicable laws, rules, and regulations (including the CFA Institute Code of Ethics and Standards of Professional Conduct) of any government, regulatory organization, licensing agency, or professional association governing their profe...
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