Soaring trade gap emerges as black hole for dollars – Business
KARACHI: The foreign exchange reserves of the State Bank are inching close to the target of $18 billion for current fiscal year (FY26), but a widening trade deficit threatens to erase the growth in reserves and remittances. Data issued by the central bank on Thursday showed that the forex reserves increased by $43 million to […]
BUDGET 2026-27: Situationer: Building resilience or just ticking climate boxes? – Newspaper
• From penalising green technology to sidelining adaptation, the government’s spending choices seem to contradict its own climate commitments• Without new budget pillars, proper risk screening, end to ‘green taxes’, country’s fiscal plans will only deepen climate vulnerability FOR a country whose economic survival is tied to shoring up its climate-resilience, the government’s budgetary allocations […]
Yemen’s Houthi leader says group ready for escalation
Abdul-Malik al-Houthi says region in ‘critical stage,’ calls for greater awareness Houthi-mobilized fighters parade during a ceremony in Sanaa, Yemen, on September 21, 2024. PHOTO: REUTERS The leader of Yemen’s Houthi group said on Thursday that it is ready for escalation and remains in “full coordination” with its regional allies. In a televised speech broadcast […]
China’s Xi to visit North Korea next week
Chinese President Xi Jinping and North Korean leader Kim Jong Un arrive for a reception marking the 80th anniversary of the end of World War Two, at the Great Hall of the People in Beijing, China. PHOTO: REUTERS Chinese President Xi Jinping will visit North Korea next week, state media said Friday, the latest in […]
Pakistan upstage Australia for 2-1 ODI series win – Sport
Spearhead Shaheen Shah Afridi and Shadab Khan starred in Pakistan’s four-wicket win in their decisive third and final one-day international against Australia in Lahore on Thursday. Shaheen grabbed 3-30 to bundle Australia out for 157 before Shadab added a fighting 29 not out to his two wickets, helping Pakistan to their winning target in 41.5 […]