Pakistan Tuesday hiked defence spending by 20% following last month’s deadly conflict with India. The government of Prime Minister Shehbaz Sharif announced the increase as part of the budget for the ...
The price Pakistanis will pay for Pakistan’s oversized defence budget
Despite facing fiscal pressures, including nearly half the budget going toward debt servicing, the government has opted to sharply increase defence funding. This has affected health and environment bu ...
The price Pakistanis will pay for Pakistan’s oversized defence budget
Despite facing fiscal pressures, including nearly half the budget going toward debt servicing, the government has opted to sharply increase defence funding. This has affected health and environment bu ...
Defence and Debt: The two Ds that are draining Pakistan’s economy
Pakistan’s economy is buckling under the dual burden of soaring defence expenditure and record-breaking public debt. With nearly half the federal budget now consumed by debt servicing and an expanded ...
Sending money to India? NRIs may pay Rs 30,000 extra as tax from 2026
Sending money to India from the US could soon come at a steep price. The proposed 3.5% remittance tax in the US may cost you $350 on every $10,000 transferred.
China calls for building up consensus with US after ‘candid’ trade talks
China's Vice Premier He Lifeng said China and the United States should strengthen consensus and maintain communication, state news agency Xinhua reported on Wednesday, after the two countries agreed ...
Map Shows US ‘Special Mission’ Ship in Waters Near China
The U.S. Seventh Fleet confirmed to Newsweek the ocean surveillance ship USNS "Victorious" was deployed in the South China Sea.
US, China reach deal to ease export curbs, keep tariff truce alive
U.S. and Chinese officials said they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths.
China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand
China has leverage it can use by limiting access to its rare earth supplies, but it does not want to sacrifice its reputation as a reliable supplier.
US stock futures lower after US and China reach trade agreement
U.S. stock futures are lower before May inflation data and details of a U.S.-China trade deal.