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Business

Web Desk Karachi
Jun 04, 2025

WEF’s interest in Lagarde sparks questions about her long-term commitment to ECB

It’s not unprecedented for those in her position to get quizzed on such matters by reporters, as happened with her predecessor Mario Draghi when speculation arose that he might become Italian head of state.

Pakistan

Reuters
Feb 09, 2025

Pakistan faces big external financing risks despite economic progress

The country needs to repay over $22 billion in external debt in 2025, including nearly $13 billion in bilateral deposits.

World

Reuters
Jan 23, 2025

Trump seeks $1 trillion investment from Saudi Arabia

Saudi State news agency says the kingdom wants to put $600 billion into investment and trade with the US over the next four years.

World

Reuters
Jan 23, 2025

Trump tells Davos he will demand lower interest rates, oil prices

Trump says via video conference, “I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil.”

Latest

Reuters
Jan 23, 2025

NATO chief Rutte says Europe will pay for US arms for Ukraine

the NATO chief says Europe must invest more in defence, ramp up arms production and take a bigger share of spending on Ukraine aid.

Business

Web Desk Karachi
Jan 23, 2025

Tackling debt and deficits key to Pakistan’s growth: Aurangzeb

He also reported that Pakistan’s debt-to-GDP ratio has improved, decreasing from 78 percent to 67 percent.

Business

Web Desk
Jan 22, 2025

FinMin urges structural reforms to tackle Pakistan’s twin deficits

Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, addressed a high-level panel discussion at the World Economic Forum, shedding light on the growing global debt burden on developing economies.