Author: i2wtc
Loans, rollovers reach 40% of annual target as reserves stay thin, bond plan stalls ISLAMABAD: Pakistan has received over $10 billion in foreign loans, half of it in fresh disbursements and the remainder in rollovers of existing debts, but the central bank has yet to announce the status of the $2 billion rollover by the United Arab Emirates (UAE). According to Ministry of Economic Affairs data, the federal government received $5.1 billion in fresh loans during the July-January period of the current fiscal year. In addition, Saudi Arabia, China and the International Monetary Fund (IMF) either disbursed funds or rolled…
A person holding a sign attends a rally in front of the Second Members’ Office Building of the House of Representatives in Tokyo, Japan, Feb. 24, 2026. A large crowd of Japanese people gathered Tuesday evening in Tokyo to protest Prime Minister Sanae Takaichi’s dangerous push for policies including accelerating constitutional revision, expanding military capabilities and strengthening national intelligence functions, voicing concerns about the country’s future direction. (Xinhua/Jia Haocheng)TOKYO, Feb. 25 (Xinhua) — A large crowd of Japanese people gathered Tuesday evening in Tokyo to protest Prime Minister Sanae Takaichi’s dangerous push for policies including accelerating constitutional revision, expanding military…
Salman Akram Raja says Islamabad High Court has become a closed door for PTI founder’s legal teamKhyber-Pakhtunkhwa Chief Minister Sohail Afridi addresses a video message on January 27, 2026. SCREENGRAB ISLAMABAD: Khyber-Pakhtunkhwa Chief Minister Sohail Afridi on Wednesday attempted to speak at the rostrum of Islamabad High Court Chief Justice Sarfraz Dogar’s court, but the chief justice left for his chamber without hearing him. Speaking to the media outside the court, Afridi said that since a meeting with Dogar had not been possible through other channels, he had attempted to address him in open court. He approached the rostrum and…
View of the city of Santiago and the Andes Mountains, taken from the Metropolitan Park on July 2, 2024.Rodrigo Arangua | Afp | Getty ImagesChile is the latest Latin American country to have become embroiled in a U.S.-China power struggle.The country, which counts Washington as its top foreign investor and Beijing as its largest trading partner, is facing pressure from the White House over a subsea cable project with links to China. In a surprise move, U.S. Secretary of State Marco Rubio said late last week that the Trump administration would impose visa restrictions on three Chilean officials tied to…
A guest reads a copy of the think tank report titled “Upholding International Justice and Jointly Addressing World Turbulence — Focusing on China’s Solution to Global Governance” at the Palais des Nations in Geneva, Switzerland, Feb. 24, 2026. (Xinhua/Lian Yi)Improving global governance is not only China’s firm stance, but also a shared choice of more and more countries worldwide.GENEVA, Feb. 25 (Xinhua) — The Xinhua Institute, a think tank affiliated with Xinhua News Agency, released on Tuesday a report titled “Upholding International Justice and Jointly Addressing World Turbulence — Focusing on China’s Solution to Global Governance” at the Palais des…
U.S. President Donald Trump shakes hands with members of Congress as he departs following his State of the Union address in the House Chamber of the US Capitol in Washington, DC, on Feb. 24, 2026.Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump delivered a nearly two-hour State of the Union address on Tuesday, focusing largely on the economy that he declared was set to boom. The president delivered the signature annual address as he sees his poll numbers on the economy plummet ahead of the 2026 midterms, which loom less than nine months away. Those elections threaten to shift control…
House strongly condemns Israel’s settlement expansion and the displacement of Palestinians The Senate unanimously passed a resolution on Tuesday, strongly condemning and rejecting Israeli Prime Minister Benjamin Netanyahu’s remarks about a plan to ally with India and other countries to counter Muslim states. The resolution expressed concern over what it described as provocative narratives that threaten the unity of the Muslim Ummah. The resolution was passed in response to comments made by Israeli Prime Minister Netanyahu during a Cabinet meeting on Sunday ahead of Indian Prime Minister Narendra Modi’s visit to Tel Aviv, that said that Israel “will create an…
Key PointsChip giant Nvidia, the world’s most valuable company, will report its earnings on Wednesday, which could have a sizable impact on the market.”Nvidia’s earnings are widely viewed as a barometer for the strength and durability of the global AI investment cycle,” Camilla Papaleo, product manager at VanEck, told CNBC.CNBC spoke to analysts about which European tech stocks could be most impacted. Most Big Tech companies have reported this earnings season — with market jitters abounding — but the world’s most valuable company is still to come. Nvidia , whose powerful chips power much of the AI boom, will report…
German Chancellor Friedrich Merz speaks at the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, Jan. 22, 2026. (Xinhua/Lian Yi)BERLIN, Feb. 25 (Xinhua) — German Chancellor Friedrich Merz is paying his first official visit to China on Wednesday. For the world’s second- and third-largest economies, the trip presents a good opportunity to enhance mutual understanding, strengthen pragmatic cooperation and jointly contribute more to world peace and prosperity.At a time when the world is experiencing turbulence and transformation, China and Germany, as major economies and advocates of multilateralism, share the responsibility to uphold the stability of global industrial and…
Foreign Minister to deliver strong condemnation of Israel’s unlawful decisions, policies on behalf of PakistanDPM and FM Ishaq Dar addressing the UNSC session on Palestine in New York. PHOTO: MOFA Deputy Prime Minister and Foreign Minister Ishaq Dar will travel to Jeddah on Wednesday to participate in an emergency meeting of the Organisation of Islamic Cooperation (OIC) Executive Committee to discuss the situation in the Middle East and Israel’s actions in Palestine. The meeting, scheduled for February 26, will take place at the OIC General Secretariat and will be held at the Foreign Ministers’ level. According to diplomatic sources, the…