KARACHI, Pakistan (AA) – The International Monetary Fund (IMF) has urged cash-strapped Pakistan to increase its income through taxing the country’s rich, and protect the vulnerable in order to ensure economic stability. The call was reiterated by IMF Managing Director Kristalina Georgieva who met Pakistan’s caretaker Prime Minister...
LONDON (AA) – A report by an influential committee of MPs has criticized former Prime Minister Boris Johnson’s decision to slash the Official Development Assistance (ODA) funding in 2021. The Joint Committee on the National Security Strategy said the decision has significantly hampered Britain’s ability to respond effectively...
NEW YORK (AA) – Türkiye will have an opportunity to “build a new world” with steps taken on Iraq’s Development Road Project linking southern Iraq to its neighbor Türkiye, Turkish President Recep Tayyip Erdogan said Monday. Speaking at the Concordia summit in New York, where he is taking part in UN General Assembly meetings, President [&h...
Doha, Qatar – AFP Frozen funds totalling $6 billion have been transferred to Qatari banks under a US-Iran prisoner swap deal, with a plane on standby in Tehran to fly out five American detainees, a source told AFP on Monday. The release of the funds by US ally South Korea, long blocked under US sanctions, […]
Pakistan’s munitions, vital for sustained warfare, have been identified within the Ukrainian military’s equipment WASHINGTON – Secret arms sales from Pakistan at the behest of the U.S. to Ukraine has played a pivotal role in securing a bailout for Islamabad from the International Monetary Fund (IMF) earlier this year. An Ame...
Torkham, Afghanistan — AFP The main border crossing between Afghanistan and Pakistan has reopened to pedestrians and vehicles, more than a week after it was closed following a gun battle between frontier guards. There have been several border closures after clashes between Pakistan and Afghan forces since the Taliban returned to power in...
According to the latest Census Bureau data, the poverty rate in the U.S. increased from 7.8% in 2021 to 12.4% in 2022 WASHINGTON – A significant increase in child poverty has been observed in the U.S. after the COVID -era welfare programs expired in 2022. According to the latest Census Bureau data, the poverty rate […]
Aswan, Egypt – AFP Thousands fleeing war in Sudan have taken refuge in the Egyptian city of Aswan on the Nile, where families are helping keep the tourism industry afloat far from the horrors they left behind. “We finally made it to Aswan,” said Hisham Ali, 54, who reached Egypt after an odyssey that took […]
Excise tax suspension will save Georgians 31.2 cents per gallon on gasoline and 35 cents on diesel fuel ATLANTA, Georgia – Governor Brian Kemp has declared a state of emergency in the U.S. state of Georgia, citing inflation and the unfavorable economic situation. He attributed the economic crises to the policies of the Biden administrati...
– Addressing India-Middle East-Europe Economic Corridor Summit in India, US president calls for ‘collective investments’ ISTANBUL (AA) – U.S. President Joe Biden Saturday said the world was at an “inflection point,” calling for “collective investments.” Addressing the India-Middle East-Europe Economic Corridor Sum...
