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.
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European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despi...
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Russian President Vladimir Putin arrived in Kazakhstan on Wednesday for a three-day state visit focused on energy, transport and economic cooperation ...
China’s carbon emissions grew far less than previously thought over the past five years, according to a new analysis that is drawing close attention...
Chinese President Xi Jinping praised the “unbreakable friendship” between China and Pakistan as he met Pakistani Prime Minister Shehbaz Sharif in Beijing on Monday, a day after companies from both countries signed cooperation agreements worth $1.22 billion.
An explosion on a railway track in Pakistan's Quetta killed at least 24 people, news outlet Al Arabiya reported on Sunday, citing officials.
Pakistan's Prime Minister Shehbaz Sharif arrived in China on May 23rd for a four-day state visit that comes at a particularly consequential moment for Beijing, for Islamabad, and for a region being reshaped by the ongoing war between the United States and Iran.
Iran’s Supreme Leader has issued a directive that the country’s near-weapons-grade enriched uranium must not be sent abroad, according to two senior Iranian sources, marking a firm tightening of Tehran’s position in ongoing negotiations with the United States.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 26 May, covering the latest developments you need to know.
Iran has called Monday's U.S. strikes on it 'a gross violation' of their ceasefire. The U.S. military said it carried out defensive strikes in southern Iran after boats were seen laying mines in the Strait of Hormuz. Meanwhile, the U.S. says a peace deal may require several more days.
The new AnewZ documentary, TARGET: Yerevan, builds its explosive case on exclusive, secret recordings originally published by Minval Politika.
Dozens of people were killed in Israeli strikes on Lebanon on Tuesday, Lebanese officials said, straining a fragile ceasefire agreed between the countries in April. The attacks came as Iran accused the U.S. of violating a separate ceasefire with strikes near the Strait of Hormuz.
Chinese investigators have uncovered hidden tunnels, missing worker trackers and fake underground walls during an initial investigation into the country’s deadliest mining disaster in more than 15 years.
Britain has announced fresh sanctions targeting cryptocurrency exchanges, financial networks and banks accused of helping Russia evade Western restrictions imposed after the invasion of Ukraine.
China’s carbon emissions grew far less than previously thought over the past five years, according to a new analysis that is drawing close attention from climate researchers worldwide.
Muslims around the world have marked Eid al-Adha with prayers, celebrations and acts of charity, though for many Palestinians the holiday unfolded amid conflict, restrictions and loss.
Spanish police visited the headquarters of the ruling Socialist Party (PSOE) in Madrid on Wednesday as part of a widening High Court investigation into alleged attempts to interfere with judicial proceedings involving party and government figures.
Latvia is strengthening its anti-drone capabilities along its borders with Russia and Moscow-allied Belarus after several drones entered the NATO member’s airspace, according to a senior military official.
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