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Pakistan and US Note Progress on Trade Framework
Politicsexpress-tribune27d ago

Pakistan and US Note Progress on Trade Framework

Pakistan's Finance Minister and the US Chargé d'Affaires, Andrew Baker, held a meeting where considerable progress was noted on the Pak-US trade framework, with Pakistan emphasizing its interest in advancing the framework on a mutually beneficial basis.

Serbia's Budget Deficit Lower Than Planned in May
Politicsn1-serbiadanas2mo ago2 sources

Serbia's Budget Deficit Lower Than Planned in May

Serbia's budget deficit for May was reported at 99.7 billion dinars, which is significantly lower than planned. The Ministry of Finance also stated that Serbia's public debt stood at 41.14 billion euros at the end of May.

Greece Reaffirms Commitment to Nuclear Non-Proliferation Treaty
ScienceiefimeridaKorea Heraldnewsbeast+1express-tribune4mo ago4 sources

Greece Reaffirms Commitment to Nuclear Non-Proliferation Treaty

Greece has reaffirmed its strong commitment to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and the crucial role of the International Atomic Energy Agency (IAEA). This commitment underscores the nation's dedication to global nuclear security and disarmament efforts.

Iran Reportedly Closes Strait of Hormuz Amid US Tensions
PoliticsAPBBCbloomberg+99NYTFTle-mondewapoThe GuardianNPRAl JazeeraCNN+91 more4mo ago102 sources

Iran Reportedly Closes Strait of Hormuz Amid US Tensions

Iran reportedly closed or reimposed control over the Strait of Hormuz, accusing the United States of breaching terms or imposing a blockade. This action led to reports of ships being affected and prompted international reactions, though some reports later indicated the strait returned to its previous state.

Pakistan Explores Options to Repay UAE Loan
FinanceSCMPDawnndtv+1express-tribune4mo ago4 sources

Pakistan Explores Options to Repay UAE Loan

Pakistan's finance minister stated the country is committed to repaying a $3 billion loan from the UAE and is exploring all options to either replace the funding or manage the repayment. The government is also considering establishing a strategic fuel reserve.

Pakistan's Fan Industry Seeks Policy Interventions
BusinessDawn5mo ago

Pakistan's Fan Industry Seeks Policy Interventions

Representatives from Pakistan’s fan industry met with the finance minister to seek policy interventions aimed at reducing raw material exports, promoting value addition, and encouraging energy-efficient fan production.

Pakistan Announces Targeted Relief Package
Businessexpress-tribune5mo ago

Pakistan Announces Targeted Relief Package

Pakistan's Finance Minister Aurangzeb announced a targeted relief package for deserving segments, including the government absorbing a Rs69 billion burden on petroleum products to minimize public impact.

Kuwait and Pakistan Discuss Strengthening Bilateral Ties
Worldexpress-tribunekuwait-times3mo ago2 sources

Kuwait and Pakistan Discuss Strengthening Bilateral Ties

Kuwait and Pakistan are engaged in discussions to explore ways to strengthen their bilateral relations. Separately, Pakistan's Finance Minister and the British envoy discussed economic ties and reforms.

Pakistan Issues Inaugural Panda Bond in China
Worldexpress-tribune3mo ago

Pakistan Issues Inaugural Panda Bond in China

Pakistan's Finance Minister has traveled to China to attend the ceremony for the country's first-ever Panda Bond issuance. This move grants Pakistan access to China's capital market.

South Korean-Operated Vessel Struck in Strait of Hormuz
WorldbloombergNYTThe Guardian+46NPRdr-dktagesschaufazberlingskeDWle-figaroSCMP+38 more3mo ago49 sources

South Korean-Operated Vessel Struck in Strait of Hormuz

A South Korean-operated vessel was struck by an unidentified object in the Strait of Hormuz near Qatar on May 4th. The incident occurred amidst heightened regional tensions and Iranian threats regarding the vital shipping lane.

EU Court Rejects Hungary's Anti-LGBTQ Law
PoliticsReutersbloombergwsj+35Fox Newsukrainska-pravdafazglobe-and-maille-figaroFrance 24la-repubblicarzeczpospolita+27 more4mo ago38 sources

EU Court Rejects Hungary's Anti-LGBTQ Law

The European Court of Justice issued a landmark ruling rejecting Hungary's controversial anti-LGBTQ law, which the government claimed was to protect children from propaganda. This decision marks a significant legal challenge to Hungary's policies.

Finance Ministers Attend IMF and World Bank Spring Meetings
Financeyle-uutisetlsm-lviefimerida+1express-tribune4mo ago4 sources

Finance Ministers Attend IMF and World Bank Spring Meetings

Finance ministers and delegations from various countries, including Ukraine, Greece, and Finland, are attending the International Monetary Fund and World Bank Spring Meetings in Washington. The discussions are focused on global economic stability, funding, and ongoing reforms.