World

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The worldwide labour crisis

PEOPLE are flocking to Disneyland in Orlando, Florida, just as they do every summer. The relaxation of pandemic rules means tourists feel much more comfortable interacting with others in crowded places. Surprises await those who venture to Orlando. The US labour shortage means that America has millions of more jobs …

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Pakistan, China ink $2.3bn loan deal

Pakistan Wednesday inked a $2.3 billion loan facility agreement with a consortium of Chinese banks to help shore up the depleting foreign exchange reserves and appreciate the fast depreciating rupee. Finance Minister Miftah Ismail announced the development on his Twitter handle, revealing that the inflows were expected within a couple …

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IMF agreement

WITH differences between Pakistan and the IMF over the government’s budget and macro targets for the next fiscal yet to be resolved, Washington is believed to have agreed to intervene at the behest of Islamabad to help it clinch a deal with the lender. That Pakistan needs the IMF programmed …

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Pakistan, China agree to jointly combat terrorism

The military leadership of China and Pakistan Sunday agreed to step up their cooperation, building on their strategic partnership in the challenging times. A high-powered military delegation from Pakistan – comprising senior military officials from the army, navy and air force – visited China from June 9 to 12 as …

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SITUATIONER: Why America gives India a ‘wide berth’

While condemning two Bhartiya Janata Party (BJP) officials for making derogatory remarks against Islam and the Holy Prophet (peace be upon him), the US State Department on Tuesday also underlined the importance of its bilateral relations with India. Analysts in Washington also noticed a similar approach — condemning the offensive …

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