Category: NEIGHBOURHOOD IN DISTRESS

Shehbaz Sharif wants IMF loan programme to be Pakistan’s last

Lahore, July 1 (SocialNews.XYZ) Pakistan Prime Minister Shehbaz urged that the $3 billion pact signed with the International Monetary Fund…

1 year ago

IMF agreement to help Pakistan bring economic stability, growth: PM

Islamabad, July 1 (SocialNews.XYZ) Pakistani Prime Minister Shehbaz Sharif has said that his government's stand-by agreement with the IMF for…

1 year ago

China hiding trillions of dollars of forex reserves

New Delhi, June 30 (SocialNews.XYZ) China has a lot of foreign exchange reserves that do not show up in the official…

1 year ago

China’s new Law on Foreign Relations to take effect tomorrow

Beijing, June 30 (SocialNews.XYZ) China's new Law on Foreign Relations, adopted by the country's top legislature on Wednesday, will take…

1 year ago

Pakistan, IMF reach $3bn deal after 8 months of delay

Islamabad, June 30 (SocialNews.XYZ) After an eight-month delay, the Pakistan government and the International Monetary Fund (IMF) have finally reached…

1 year ago

SL Central Bank assures to protect 57 mn bank accounts amid DDR

Colombo, June 30 (SocialNews.XYZ) Clearing doubts and speculations that domestic debt restructuring (DDR) would not affect the country’s banking system,…

1 year ago

China unveils sweeping foreign policy law to counter US

Hong Kong, June 29 (SocialNews.XYZ) China has unveiled a sweeping foreign relations law enshrining its right to impose 'countermeasures' against…

1 year ago

Fearing bank runs, Sri Lanka declares five-day holiday for debt restructuring

New Delhi, June 29 (SocialNews.XYZ) Sri Lanka began a five-day bank holiday from Thursday to allow the crisis-hit nation to restructure…

1 year ago

ADB approves $50 mn loan for Nepal

Manila, June 29 (SocialNews.XYZ) The Manila-based Asian Development Bank (ADB) on Thursday said it has approved a $50 million loan…

1 year ago

Shanghai records rare high temperatures amid rainy season

Shanghai, June 29 (SocialNews.XYZ) Shanghai has so far issued four yellow alerts for abnormally high temperatures this year, though it…

1 year ago

World Bank approves $700mn to help Sri Lanka implement foundational reforms

Colombo, June 29 (SocialNews.XYZ) The World Bank Group said it has approved $700 million in financing for two operations to…

1 year ago

Two Sri Lankan airlines seek permission to hire foreign pilots

Colombo, June 29 (SocialNews.XYZ) Two Sri Lankan airlines have sought permission to hire foreign pilots, the island nation's Civil Aviation…

1 year ago

Pakistan hints at counter measures after US defence deals with India

Islamabad, June 29 (SocialNews.XYZ) Pakistan has conveyed its strong reservations to the US for its deepening defence cooperation with India,…

1 year ago

China has more solar panels installed than the rest of the world combined

London, June 29 (SocialNews.XYZ) Wind and solar power are booming in China and may help limit global carbon emissions far…

1 year ago

Pakistan to host int’l conference in July to promote tourism

Islamabad, June 28 (SocialNews.XYZ) Pakistan will hold a three-day international conference in July to promote tourism in the country, local…

1 year ago

Pakistan’s currency depreciated by record 28%

Islamabad, June 28 (SocialNews.XYZ) The Pakistani rupee (PKR) depreciated by a record 28 per cent or around 82 PKR against…

1 year ago

Desperate Pak PM makes fourth contact with IMF chief in six days

Islamabad, June 27 (SocialNews.XYZ) Pakistan Prime Minister Shehbaz Sharif on Tuesday made his fourth contact with International Monetary Fund (IMF)…

1 year ago

New Islamabad airport to be leased out to foreign investors

Islamabad, June 27 (SocialNews.XYZ) The Pakistan government has decided to lease out the new Islamabad International Airport to interested international investors…

1 year ago

Death toll from rain-related incidents in Pak reaches 23

Islamabad, June 27 (SocialNews.XYZ) The death toll from rain-related incidents in Pakistan has increased to 23 after injured persons succumbed…

1 year ago

Won’t allow SL to be used as base for any threat against India: Prez

Colombo, June 27 (SocialNews.XYZ) Sri Lankan President Ranil Wickremesinghe reiterated that there was no military agreement with China and that…

1 year ago



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