WORLD
Pakistan needs to repay $ 77.5 bn in external debt in three years
For a $350 billion economy, this is a hefty burden. The major repayments in the next three years are to Chinese financial institutions, private creditors and Saudi Arabia. Pakistan's large external debt comes with considerable repayment pressure. Pakistan faces near-term debt repayment pressure. From April to June 2023, the external debt servicing burden is $4.5 billion, the analysis said.
Pak military captures founder of Baloch terror group
"Gulzar Imam alias Shambay was apprehended after an innovatively conceived, carefully planned and meticulously executed operation, spanned over months over various geographical locations," Dawn news quoted the ISPR as saying in a statement on Friday. The statement, however, did not disclose the exact location where the.
Argentina officially rejoins South America union
Cafiero described the return as crucial for Argentina, for it would consolidate an increasingly integrated region "with greater intra-regional trade and higher levels of cooperation for development", reports Xinhua news agency. President Alberto Fernandez announced on March 21 the decision to rejoin the regional bloc during a meeting in Buenos Aires with members of the Puebla Group and the Latin American Council for Justice and Democracy.
Pakistani rupee gains significant recovery after hitting record low
The greenback was being traded at 284.42 PKR in the interbank market on Thursday, according to the State Bank of Pakistan. The US dollar closed at a record low of 287.85 PKR on Wednesday, reports Xinhua news agency. On the penultimate working day of the week, the local currency appreciated by 3.43 PKR, or about 1.2 per cent, against the US dollar, official figures showed.
Pak Finance Minister pulls out of IMF spring meetings citing political uncertainty
Highly placed sources told The Express Tribune that Dar would not attend the spring meetings of the World Bank-IMF that were taking place from April 10-16 in Washington. Dar, who is also leader of the house in Senate, was scheduled to land in Washington on Sunday. "I am not going due to the domestic state of affairs," the Finance Minister told The Express Tribune on Thursday.
Indian-origin woman charged with perjury for faking kidnapping in S.Africa
Firoza Bee Bee Joseph from Phoenix, north of Durban, was tracked down in a hotel room in Pietermaritzburg, by investigators.She was charged with "defeating the ends of justice" and has been placed on bail until her next court appearance on June 7, said Natasha Kara, a representative for the National Prosecuting Authority.
GERB-UDF coalition wins Bulgaria's early parliamentary elections
The coalition received 26.49 per cent of the vote and will thus have 69 seats in the 240-member National Assembly, Xinhua news agency reported.
The We Continue the Change - Democratic Bulgaria (PP-DB) coalition came second with 24.56 per cent of the vote and 64 seats, according to the CEC on Thursday.
US blames hasty troops' withdrawal from Afghanistan on Trump
The US administration has blamed the hasty withdrawal of American troops from Afghanistan in the wake of the 2021 Taliban takeover on former President Donald Trump, saying that President Joe Biden was "severely constrained" by his predecessor's decisions, including the 2020 Doha Agreement to end the war.
Macron counts on Xi 'to bring Russia to senses' for ending Ukraine war
Macron arrived in Beijing on Wednesday on his state-visit to China with high expectations for a possible breakthrough on working with the Asian giant to find solutions to end the war, reports CNN. While Ukraine tops the agenda, Macron's trip also has a strong economic component, with the President being accompanied by a delegation of some 50 business leaders, with some expected to finalise or even sign new deals during the trip.
WHO turns 75, calls for health equity
Seventy-five years ago, after years of war, the nations of the world agreed to set up a new organisation and "debated and agreed what this organisation would be and do in a document called the Constitution of the World Health Organisation," the organisation's Director General, Tedros Adhanom Ghebreyesus, recalled at a press briefing here on Thursday.
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