Category: International

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has advised Pakistan to tax the wealthy and protect the poor. Speaking to a Pakistani private media channel after her meeting with Interim Prime Minister Anwaarul Haq Kakar on the sidelines of the United Nations General Assembly (UNGA) on Thursday, Georgieva said “what we are asking in […]

Warning that downside risks to Pakistan’s economic outlook remain exceptionally high, the Asian Development Bank’s latest report says the country’s adherence to an economic adjustment programme through April 2024 will be critical for restoring stability and the gradual recovery of growth. Expansionary fiscal and monetary policy hit their limits while growth fell, inflation jumped, the […]

TAIPEI, TAIWAN: China launched a series of influence campaigns against Taiwan last week, unveiling a plan to promote integrated development across the Taiwan Strait while at the same time conducting large-scale military incursions near the island. Beijing’s carrot-and-stick approach received mixed reactions from Taiwan residents. Many view the plan, which promises to enhance access to […]

Tehran, Iran – Iran’s parliament has passed a new “hijab and chastity” bill that lays out punishment for people, especially women, who violate the country’s mandatory dress code rules. On Wednesday, lawmakers approved the three-year duration of the legislation on a trial basis, with 152 voting in favour, 34 against, and seven abstaining. The Guardian […]

YEREVAN: Armenian separatist forces in Azerbaijan’s breakaway region of Nagorno-Karabakh surrendered and agreed to a ceasefire on Wednesday, 24 hours after Baku began an offensive to restore full control of its territory. Under the agreement, confirmed by both sides and effective from 1 pm (0900 GMT) on Wednesday, separatist forces will disband and disarm and […]

In a bombshell revelation, US-based online publication The Intercept has claimed that the United States played an important role in brokering the $3 billion International Monetary Fund (IMF) bailout for Pakistan earlier this year. The alleged motive behind this assistance was to return Pakistan a favour for providing munitions to Ukraine for its ongoing conflict […]

ISLAMABAD: The International Monetary Fund (IMF), raising concerns over the rampant smuggling of petroleum products in the country, has urged Pakistan authorities to take stern measures to curb the smuggling menace. According to official documents, the Washington-based lender sought a detailed report from the Ministry of Finance and the Federal Bureau of Revenue (FBR) over […]

China’s former Foreign Minister Qin Gang, who was ousted from his position in July, had an extramarital affair while he was ambassador to the United States, the Wall Street Journal reported Tuesday, citing people familiar with a briefing. The report said Qin was cooperating with the investigation, which was now focused on whether the affair […]

NEW DELHI: Canadian Prime Minister Justin Trudeau has said Canada was “actively pursuing credible allegations” linking Indian government agents to the murder of a Sikh separatist leader, Hardeep Singh Nijjar, in British Columbia in June, a concern India dismissed as “absurd”. The spat deals a fresh blow to diplomatic ties that have been fraying for […]

The US expressed deep concern Monday over allegations by Canada that link India to the killing of a Canadian Sikh activist. “We are deeply concerned about the allegations referenced by Prime Minister (Justin) Trudeau earlier today,” said White House National Security Council spokesperson Adrienne Watson in a statement provided to Anadolu. “We remain in regular […]