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.
Pakistan has offered to host talks between the U.S. and Iran to bring an end to the conflict, while Lebanon has ordered the Iranian Ambassador to l...
Pakistan has offered to host talks between the U.S. and Iran to end the Gulf conflict, as tensions remain high des...
Hezbollah has pledged to defend the region against Israeli forces, warning it will resist any move to occupy southern Lebanon, as Israel sets out p...
Lebanon has expelled Iran’s ambassador and declared him persona non grata, ordering his departure by 29 March, as tensions surge across the M...
The Iranian Foreign Minister Abbas Araghchi has stated Tehran’s stand on the latest developments in the I...
Pakistan has offered to host talks between the U.S. and Iran to end the Gulf conflict, as tensions remain high despite reports of possible diplomacy and continued military strikes across the region.
Afghan authorities say Pakistani jets entered northern Afghanistan, while Pakistan insists its actions target terrorism, highlighting continued strain after a temporary Eid ceasefire ended.
History rarely announces its turning points in bold headlines. Some of the most consequential shifts begin quietly - on the margins, away from the glare of global attention - only to reshape the centre in time. The emerging conflict between Pakistan and Afghanistan is one such development.
As Afghans celebrate Eid, there is at least some relief, with Afghanistan and Pakistan pausing military operations following mediation by Saudi Arabia, Qatar and Türkiye after weeks of tension.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direct talks or negotiations, contradicting U.S. claims - latest on Middle East conflict.
Pakistan has offered to host talks between the U.S. and Iran to bring an end to the conflict, while Lebanon has ordered the Iranian Ambassador to leave the country. Meanwhile, oil prices continue rising as the fallout from the Middle East conflict continues.
Violent clashes broke out between police and opposition protesters in Tirana on Sunday (22 March) as demonstrators were demanding the resignation of the Albanian government following corruption allegations against the deputy prime minister.
FinaFinal results from Slovenia’s parliamentary elections indicate a near tie between the Slovenian Democratic Party (SDS) and the liberal Freedom Movement Slovenia (GS), leaving neither side with a clear path to power.
Eurozone private sector growth almost stalled this month, a key survey showed on Tuesday, adding to evidence that the bloc is already feeling economic fallout from the U.S. and Israeli war with Iran, with inflation rising and growth slowing.
China is raising domestic petrol and diesel prices under temporary measures to manage a sharp surge in global oil costs, aiming to support fuel suppliers while maintaining market stability during a period of heightened volatility.
Russia launched drones and missiles overnight on Tuesday at Ukraine, killing at least three people, damaging houses and triggering fires, Ukrainian officials said.
British Prime Minister Sir Keir Starmer said on Monday (23 March) that Britain must plan for the possibility that the Iran war could continue for some time, and added that he had no "meaningful concerns" about energy supply.
Australia and the European Union signed a trade deal on Tuesday that was eight years in the making, removing tariffs for almost all European goods and for nearly all exports of Australian critical minerals.
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