The International Monetary Fund (IMF) executive board approved a new $1.4 billion loan to Pakistan under its climate resilience fund, alongside the first review of its $7 billion program.
The IMF praised Pakistan's policy efforts, noting significant progress in stabilizing the economy and rebuilding confidence amidst a challenging global environment. However, India raised concerns at the IMF board meeting, urging a broader review of Pakistan’s loans due to tensions between the two countries, particularly following an April attack in Indian Kashmir that killed 26 Hindu tourists and sparked intense clashes.
India voiced worries about the potential misuse of debt funds for cross-border terrorism. In response, Pakistan’s Prime Minister, Shehbaz Sharif, dismissed these concerns, stating that India's efforts to undermine the IMF program had failed. The staff-level agreements for both programs were made before the escalation of hostilities between the nuclear-armed neighbors.
In a televised address, Prime Minister Shehbaz Sharif declared a "historic victory" for Pakistan following a US-mediated ceasefire agreement with India.
A senior Pakistani official has dismissed accusations from India that Pakistan violated the ceasefire agreement between the two countries.
India and Pakistan, two nuclear-armed neighbors, agreed to a sudden ceasefire on Saturday following diplomatic efforts led by the United States.
After a week of deadly cross-border strikes and rising fears of war, India and Pakistan have agreed to an immediate ceasefire — brokered by Washington. The agreement follows one of the most dangerous escalations in years between the two nuclear powers.
U.S. President Donald Trump announced on Saturday that India and Pakistan have agreed to a "full and immediate ceasefire" after four days of escalating military strikes between the two nuclear-armed neighbors.
Dua Lipa, Sir Elton John, Sir Ian McKellen, and Florence Welch are among over 400 British artists, musicians, and writers calling on Prime Minister Sir Keir Starmer to update copyright laws to safeguard their work from artificial intelligence.
Five fishermen—three Peruvians and two Colombians—arrived safely in the Galapagos Islands on Saturday after spending 55 days adrift in the Pacific Ocean, according to the Ecuadorian navy.
As Mother’s Day approaches, new tariffs are driving up the cost of imported flowers, putting pressure on an industry already dealing with economic strain.
Pope Leo XIV made his first public outing on Saturday since being elected, stopping to pray at the tomb of Pope Francis at St Mary Major Basilica in Rome.
The International Monetary Fund (IMF) executive board approved a new $1.4 billion loan to Pakistan under its climate resilience fund, alongside the first review of its $7 billion program.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Dua Lipa, Sir Elton John, Sir Ian McKellen, and Florence Welch are among over 400 British artists, musicians, and writers calling on Prime Minister Sir Keir Starmer to update copyright laws to safeguard their work from artificial intelligence.
Five fishermen—three Peruvians and two Colombians—arrived safely in the Galapagos Islands on Saturday after spending 55 days adrift in the Pacific Ocean, according to the Ecuadorian navy.
As Mother’s Day approaches, new tariffs are driving up the cost of imported flowers, putting pressure on an industry already dealing with economic strain.
Pope Leo XIV made his first public outing on Saturday since being elected, stopping to pray at the tomb of Pope Francis at St Mary Major Basilica in Rome.
President Donald Trump has ordered the Department of Homeland Security to recruit at least 20,000 new officers to support a sweeping deportation effort, part of a broader initiative he calls “Project Homecoming.”
Dua Lipa, Sir Elton John, Sir Ian McKellen, and Florence Welch are among over 400 British artists, musicians, and writers calling on Prime Minister Sir Keir Starmer to update copyright laws to safeguard their work from artificial intelligence.
Five fishermen—three Peruvians and two Colombians—arrived safely in the Galapagos Islands on Saturday after spending 55 days adrift in the Pacific Ocean, according to the Ecuadorian navy.
As Mother’s Day approaches, new tariffs are driving up the cost of imported flowers, putting pressure on an industry already dealing with economic strain.
Pope Leo XIV made his first public outing on Saturday since being elected, stopping to pray at the tomb of Pope Francis at St Mary Major Basilica in Rome.
The International Monetary Fund (IMF) executive board approved a new $1.4 billion loan to Pakistan under its climate resilience fund, alongside the first review of its $7 billion program.
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