ISTANBUL (AA) – The United Arab Emirates (UAE) has confirmed to IMF its support of $1 billion to Pakistan, the Pakistani finance minister has claimed. “State Bank of Pakistan is now engaged for needful documentation for taking the said deposit from UAE authorities,” Ishaq Dar tweeted. The minister also claimed that the centra...
KAIROUAN, Tunis (AA) – A Tunisian footballer lost his life a few days after setting himself on fire in front of a police station in the northern Kairouan province, local media reported. Nizar al-Issawi, 35, died at a hospital late Thursday due to third-degree burns he sustained after pouring gasoline on his body and setting […]
Medjez El Bab, Tunisia (AFP): A severe drought in North Africa has left Tunisian farmers bracing for a catastrophically poor harvest, imperilling food security in the cash-strapped country. At a time when the global cereals market has been disrupted by the Ukraine war, Tunisia’s domestic grain production has also withered under a lack of...
BUENOS AIRES (AA) – Brazil President Luiz Inacio Lula Da Silva has signaled his intent to move away from the US-dollar dependence in international trade. “Why are all the countries obliged to do their trade in dollars?” said Lula while attending the inauguration ceremony of President Dilma Rousseff at the New Development Bank...
Mogadishu, Somalia (AFP): Visiting UN Secretary-General Antonio Guterres appealed Tuesday for “massive” international support for Somalia as it battles a devastating drought and a grinding insurgency. Guterres, who arrived in Somalia’s capital Mogadishu earlier on Tuesday, described his trip as a visit of “solidarity.&#...
DHAKA, Bangladesh (AA) – Mohammad Ibrahim Khalil was haggling with a vendor at a floating iftar bazaar in old Dhaka, where he usually buys food items popular among Bangladeshis during the Islamic holy month of Ramadan. “We have been buying foods from Chawkbazar Iftar market for generations to break our fast during Ramadan,” Khalil,...
ISLAMABAD (AA) – Saudi Arabia has signed a $240 million loan agreement with Pakistan to support the Mohmand Dam project in northwestern Khyber Pakhtunkhwa province. The agreement was signed at a ceremony in the capital Islamabad and attended by Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki and senior officials from the Ministry of Econo...
Tunis, Tunisia (AFP): Tunisian President Kais Saied on Thursday rejected “foreign diktats” from the International Monetary Fund (IMF), which is in stalled talks with the heavily indebted country over a bailout package. “Regarding the IMF, foreign diktats that will lead to more poverty are unacceptable,” Saied told repor...
ISTANBUL (AA) – Belarusian President Alexander Lukashenko has said that NATO is building up its forces and means along the member countries’ borders with Moscow and Minsk. “NATO forces and assets are being built up near the borders of Belarus and the Russian Federation, they are especially concerned about the Kaliningrad region,” L...
KARACHI, Pakistan (AA) – As Pakistan grapples with one of the worst economic crises, tens of millions struggle to celebrate the holy month of Ramadan amid skyrocketing inflation. Decades-high inflation and a massive devaluation of the local currency have drastically reduced the already dwindling buying power of millions of Pakistanis, making i...