The successful talks could lead to the release of the next $1 billion tranche from the IMF for Pakistan. A presentation was given to the IMF delegation led by Nathan Porter, over economic indicators from July to February. Pakistan’s delegation headed by Finance Minister Muhammad Aurangzeb briefed the IMF team about fiscal deficit, primary balance, […]
The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade went live at 12:01 a.m. EST (0501 GMT), hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the U.S. China responded immediately after […]
The move comes after Trump upended U.S. policy on Ukraine and Russia upon taking office in January, adopting a more conciliatory stance towards Moscow – and after an explosive confrontation with Zelenskiy at the White House on Friday in which Trump criticized him for being insufficiently grateful for Washington’s backing in the war with Russia. […]
Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of cryptocurrencies including bitcoin, ether, XRP, Solana, and Cardano. The names had not previously been announced. More than an hour later, Trump added: “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at […]
The delegation will hold talks with Pakistani officials in Islamabad, with the discussions expected to continue until March 15, the sources said. A meeting between the delegation and representatives of the finance ministry began in Islamabad. The negotiations will take place in two phases: technical discussions in the first phase, followed by policy-level talks in […]
At a summit in London just two days after Volodymyr Zelenskiy clashed with U.S. President Donald Trump and cut short a visit to Washington, European leaders offered a strong show of support to the Ukrainian president and promised to do more to help his nation. European leaders agreed they must spend more on defence to […]
As per a notification issued here, the price of petrol has been decreased by Rs0.50 per litre. The new price of petrol has been set at Rs255.63 per litre. Similarly, the high-speed diesel has also been reduced by Rs5.31 per litre, now priced at Rs258.64 per litre. Additionally, the price of kerosene oil has also […]
U.S. District Judge William Alsup in San Francisco said during a hearing that the U.S. Office of Personnel Management lacked the power to order federal agencies to fire any workers, including probationary employees who typically have less than a year of experience. Republican President Donald Trump and billionaire Elon Musk, who oversees the so-called Department […]
Prime Minister’s office confirmed Israel had received the coffins of “four fallen hostages”, and a process to formally identify them had started. In the West Bank and Gaza, AFP journalists saw hundreds of Palestinian prisoners freed by Israel arrive on buses accompanied by Red Cross vehicles. More than 600 were due to be released in […]
An IMF delegation arrived in Pakistan on Monday to discuss climate financing with the authorities. The lender’s team objected to the proposed sales tax relief on electric vehicles and rejected the relief offered in the country’s electric vehicle policy, sources said. The IMF team also opposed sales tax concession in local sales of the parts […]
