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Apr 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

US administration

China accuses US of creating 'imaginary enemy' during high-level talks
World

China accuses US of creating 'imaginary enemy' during high-level talks

  • "The United States wants to reignite the sense of national purpose by establishing China as an 'imaginary enemy'," Xie quoted
  • "As if once China's development is suppressed, US domestic and external problems will be resolved, and America will be great again, and America's hegemony can be continued."
Updated 26 Jul, 2021 05:07pm
Biden administration seeks economic, social aid for Pakistan in its first budget
Pakistan

Biden administration seeks economic, social aid for Pakistan in its first budget

  • A proposal sent to Congress states that the funding for Pakistan will support strengthened democratic governance, particularly near the Afghan border in KP, and address drivers of extremism
  • The funds for these programs will be allocated from the $324.5 million the US State Department is seeking for South and Central Asia to support peace and stability in the region
Published 30 May, 2021 10:10am
OPEC urges members to lobby against US NOPEC bill and outline risks
Business & Finance

OPEC urges members to lobby against US NOPEC bill and outline risks

  • "These disadvantages might include: weakening the immunity principle at a global level, putting at risk US interests overseas, and the protection for their personnel and assets," the letter said.
  • Barkindo said "several prominent US economic actors" had expressed reservations about the NOPEC bill, including the US Chamber of Commerce.
Published 23 Apr, 2021 05:46pm
JPMorgan trims exposure to Russian local bonds, rouble on Ukraine tensions
Markets

JPMorgan trims exposure to Russian local bonds, rouble on Ukraine tensions

  • The bank said it still expected risks to fade through the course of the year as economically damaging measures by the US administration would be unlikely and Russian assets were taking on excess risk premium to reflect that.
  • While we still hold this base case, morphing risks recently suggest that the overhang could last longer than we originally expected, giving no clear window for a structural repricing of Russian assets.
Published 09 Apr, 2021 08:33pm
Pakistan recognizes Saudi Arabia's efforts in Khashoggi murder case
Pakistan

Pakistan recognizes Saudi Arabia's efforts in Khashoggi murder case

  • FO says we have taken note of the public release of the US Administration's declassified intelligence report, containing its assessment on the killing of Jamal Khashoggi
  • Chaudhry says Saudi government has underlined that it took all possible measures within its legal system to ensure the individuals responsible are properly investigated, convicted and sentenced and that justice is served
Published 28 Feb, 2021 12:19pm