Russia refused to grant coverage permits to journalists from Western countries at the International Economic Forum meeting. A statement issued by the Kremlin ahead of the annual meeting of the International Economic Forum in St. Petersburg, Russia, said that Western journalists will not be allowed to cover the Economic Forum meeting. The Kremlin says journalists…
In its new Monitor on the World of Work report, ILO shows that while in high-income countries, only 8.2 per cent of people willing to work are jobless, that number rises to over 21 per cent in low-income countries – or one in every five people. Low-income countries in debt distress are worst affected, with…
WMO latest State of the Global Climate report shows that the last eight years were the eight warmest on record, and that sea level rise and ocean warming hit new highs. Record levels of greenhouse gases caused “planetary scale changes on land, in the ocean and in the atmosphere”. The organization says its report, released…
The Afghanistan Socio-Economic Outlook 2023, released by the UN Development Programme (UNDP), provides an overview of the fallout resulting from the takeover of Afghanistan by its present-day de facto rulers, the Taliban, in August 2021. Immediately after the Taliban assumed power, the Afghan economy collapsed, accelerating Afghanistan’s decade-long slide into poverty; with a population estimated…
Global inflation is also heading down, signalling that the tightening of monetary policy through major interest rate rises is bearing fruit, though more slowly than initially anticipated, said the IMF’s Director of Research, from 8.7 percent last year to seven percent this year, and 4.9 percent in 2024. Gradual recovery ‘remains on track’ Pierre-Olivier Gourinchas said…
File photo Federal Information Minister Maryam Aurangzeb has said that Imran Khan is responsible for the economic, political and constitutional crisis in the country. Reacting to the statement of former Prime Minister Imran Khan, he said that anyone who facilitates this mischief and mischief is a criminal of the nation. Maryam Aurangzeb said that you…
The Economic Partnership Agreement between the United Arab Emirates (UAE) and Israel will come into effect on April 1. According to media reports, the Ministry of Economy of the United Arab Emirates said in the announcement that there is a plan to increase the trade between the Emirates and Israel to 10 billion US dollars…
Colombo: In Sri Lanka, in view of the increase in inflation rate day by day, the people there are suffering from a crisis of frustration and dissatisfaction. People’s organizations say that despite getting a loan from the IMF, the problems of the citizens will not end. Since February, the price of electricity has been increased…
Photo courtesy of Social Media China has set an economic growth target of around 5 percent for this year. According to the foreign news agency, China’s 5% economic growth target is the lowest target in the past decades. The Chinese Premier announced the economic development goals in his address to the annual National People’s Congress….
They have been helping Pakistan in difficult times and will continue to do so in the future; China (Photo: File) Beijing: China, while criticizing the monopoly of lending countries and institutions, has said that the financial policies of a developed country are responsible for the worsening economic situation of other developing countries, including Pakistan. His…
