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Posted on April 10, 2021

Despite IMF loans, Pakistan continues to rely on China

According to the IMF, Pakistan’s gross external financing needs — the funds that it needs to pay off foreign loans and finance its imports — amount to USD 27 billion over the next 12 months. The …

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Posted on April 10, 2021

US announces new policy encouraging government ties with Taiwan officials

The US State Department announced on Friday a new policy to “encourage” engagement between American and Taiwanese government officials, a move made to bring Washington into compliance with a law …

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Posted on April 10, 2021

Saudi Arabia executes three soldiers sentenced for ‘high treason’

DUBAI (Reuters) – Saudi Arabia on Saturday executed three soldiers who were sentenced for “high treason” and “cooperating with the enemy”, a statement from the kingdom’s defence ministry said. It said …

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Posted on April 10, 2021

US: Indirect Talks with Iran to Resume in Vienna But Demand to Lift All Sanctions May Cause ‘Impasse’

The U.S. and Iran have agreed to a second round of indirect talks in Vienna next week to try to bring each other back into compliance with a 2015 nuclear deal, but Iran has insisted that all U.S.

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Posted on April 10, 2021

The UAE pours billions into Indonesia’s sovereign wealth fund

The United Arab Emirates will invest $10bn in Indonesia’s new sovereign wealth fund (INA) to be spent on projects inside Southeast Asia’s biggest economy, including toll roads …

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Posted on April 10, 2021

Jokowi doubles Indonesia’s wealth fund goal to US$200 billion

President Joko Widodo has set a US$200 billion goal for Indonesia’s new wealth fund in the next two to three years, aiming to fund his push for the resource-driven economy to rise up the value chain.

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Posted on April 10, 2021

Steady Start Called For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, gathering more than 100 points or 1.7 percent along the way. The Jakarta Composite Index now sits just above the 6,070-point …

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Posted on April 10, 2021

Jokowi Backs Central Bank Mandate to Aid Indonesia’s Growth

Gross domestic product shrank 2.1% in 2020, Indonesia’s first annual contraction since the Asian financial crisis, but that was a shallower slump than what most countries in the region experienced.

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Posted on April 10, 2021

UK keen on exploring new opportunities with Brunei, says British envoy

He also held meetings with his Bruneian counterparts from the Ministry of Foreign Affairs along with the Ministry of Finance and Economy. The British Foreign Secretary who looks forward to Brunei …

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Posted on April 10, 2021

UK keen on exploring new opportunities with Brunei, says British envoy

He also held meetings with his Bruneian counterparts from the Ministry of Foreign Affairs along with the Ministry of Finance and Economy. The British Foreign Secretary who looks forward to Brunei …

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