Citizens stormed a grocery store in Argentina, leaving food and drink strewn on the street. The worst economic crisis continues in the country of South America, Argentina, because of inflation, people started looting the shops. According to foreign media reports, looters escape by taking everything including cash from the shops. Looting incidents have been reported…
The 54-member body, which is one of the six main pillars of the UN system, elected Paula Narváez Ojeda of Chile to the top seat. It also elected as Vice-Presidents, Akan Rakhmetullin (Kazakhstan), Ivan Šimonović (Croatia) and Robert Rae (Canada), representing the Asia-Pacific, Eastern European, and Western European and other regional groups, respectively. The…
Screen grab Prime Minister Shahbaz Sharif has said that the economic indicators are improving with the support of friendly countries. Prime Minister Shahbaz Sharif inaugurated the Youth Sports Initiative in Islamabad. Speaking at the opening ceremony, Shahbaz Sharif said that yesterday the Chinese bank rolled over 600 million dollars to Pakistan, the country’s foreign exchange…
Pakistan and IMF welcome progress on staff-level agreement, US State Department: Photo: File Washington: America says that it will continue its unwavering support for Pakistan’s economic success. In a media briefing, US State Department spokesperson Matthew Miller praised the staff level agreement between Pakistan and the IMF and emphasized on maintaining economic relations with Pakistan…
Federal Finance Minister Senator Ishaq Dar has said that another positive news has come out from the recent economic recovery journey. In a statement, Ishaq Dar said that global rating agency Fitch has upgraded Pakistan’s long-term foreign currency rating. He said that Fitch has upgraded the long-term currency rating from Assured Default Rating IDR to…
If the economy of the country is better, more can be spent on education and health sectors. Photo: File The State Bank of Pakistan has released the Financial Stability Review Report for 2022 yesterday. In this report, it has been stated that the performance and resilience of Pakistan’s financial system has remained stable during the…
File photo. Amir Jamaat-e-Islami Siraj-ul-Haq has said that the entire Islamic world is united against the desecration of the Quran. The United Nations imposed economic sanctions on Sweden. Addressing a public meeting in Jhang, Sirajul Haque said that Sweden has challenged 58 Islamic countries. European factories cannot operate without the cooperation of the Islamic world….
Chinese President Xi Jinping—file photo Chinese President Xi Jinping says that member countries of the Shanghai Cooperation Organization (SCO) should speed up economic recovery. The annual virtual summit of the Shanghai Cooperation Organization is underway in India. Chinese President Xi Jinping, addressing the SCO virtual meeting, said that the SCO should focus on practical cooperation….
Ankara: After the re-election of President Recep Tayyip Erdogan, his government has adopted new economic policies, the first step of which is to appoint Mehmet Simsek as the Minister of Finance and Hafez Gaye Erkan as the head of the Central Bank. Erdogan’s new cabinet plans aim to deal with a devastating economic crisis that…
File photo In Turkey, President Recep Tayyip Erdoğan took a Utern in economic policy. According to British media, the interest rate in Turkey has been increased from 8.5% to 15%. According to reports, the interest rate hike is the new economic team’s new policy to tackle inflation. In this regard, the British media say that…
