Pakistan Gas Firms Sit on PKR 1.5 Trillion Dues Amid Crisis
Pakistan's energy mismanagement deepens as gas utilities fail to recover PKR 1.5 trillion in dues, exacerbating the country's ongoing power and gas shortages.
Pakistan's energy mismanagement deepens as gas utilities fail to recover PKR 1.5 trillion in dues, exacerbating the country's ongoing power and gas shortages.
The World Economic Forum 2026 will kick off with a special concert performance by Grammy-winning artist Jon Batiste, adding a cultural touch to the global economic gathering.
Demonstrators marched through Alpine villages to protest the World Economic Forum in Davos, highlighting global economic and climate concerns.
Ahead of the Davos meeting, the World Economic Forum's managing director stated that the question of disinviting Donald Trump is irrelevant, focusing instead on global economic discussions.
European leaders strongly oppose US President Donald Trump's new tariffs targeting Greenland, calling them 'wrong' and threatening transatlantic relations. They insist Greenland's future is not for trade disputes.
The US and EU have paused trade negotiations following former President Donald Trump's threat to impose tariffs on European nations over Greenland, impacting global economic relations.
The European Union has issued a stark warning about a dangerous downward spiral in global trade after former US President Donald Trump threatened tariffs over Greenland. An emergency meeting has been called to address the escalating tensions.
The European Union and Mercosur bloc finalize a landmark free trade agreement, ending two decades of negotiations and boosting economic ties between the regions.
The European Union and Mercosur formally signed a landmark free trade agreement in Asunción, creating one of the world's largest trading zones covering 700 million people.
The European Union and South America's Mercosur bloc formally signed a landmark free trade agreement in Paraguay, ending over 25 years of negotiations to boost commercial ties amid global trade tensions.
Former US President Donald Trump declares 10% tariffs on Denmark, Norway, Sweden, France, Germany, Great Britain, Netherlands, and Finland, effective February 1, 2026.
China reduces US Treasury holdings to lowest since 2008, diversifying reserves toward gold and other assets as geopolitical strains with Washington persist.
Switzerland tops the 2026 global competitiveness ranking, with small European nations leading. India ranks 53rd out of 58 countries, facing challenges but showing digital growth.
China reduces US Treasury holdings to $682.6 billion, the lowest since 2008, as it diversifies forex reserves into gold and overseas equity amid tensions with Washington.
Pakistan's power sector faces a severe crisis as mounting losses, widespread theft, and heavy subsidies strain the economy, leading to financial instability and operational challenges.
Canada has announced a major trade agreement worth $7 billion with China, focusing on key sectors like agriculture and technology to boost economic ties.
The World Economic Forum's latest report highlights rising geoeconomic tensions and competition as major global risks for 2026, urging nations to prepare for economic disruptions.
A new World Economic Forum survey shows fewer economists predict global economic weakening, down from 72% to 53%. AI is expected to drive rapid productivity gains in key sectors within two years.
The US President will participate in the World Economic Forum's annual meeting in 2026, marking a significant diplomatic and economic engagement on the global stage.
A World Economic Forum survey reveals economists expect global economic conditions to deteriorate in 2026, driven by mounting debt and geopolitical tensions.
The World Economic Forum reports South Asia as the top-performing emerging market region, with India playing a key anchoring role despite ongoing global trade headwinds.
The World Economic Forum in Davos 2026 will host global leaders as they navigate significant geopolitical and economic changes. Key attendees include heads of state and business executives.
A World Economic Forum survey reveals India is leading South Asia as the world's brightest growth spot, with economists' global outlook improving from September 2025.
An analysis reveals how Global North nations uphold rights-based social security while advocating minimal state roles for the South, highlighting a stark contrast in capitalist approaches worldwide.
European equities are poised for their longest weekly winning streak since May, driven by strong earnings and robust artificial intelligence demand. The Stoxx Europe 600 Index shows resilience.
American economist Jeff Ferry explains to Abhinav Trivedi why Trump's push to remove Jerome Powell and overhaul the Federal Reserve could trigger a worldwide economic disaster.
Pakistan's oil industry faces a severe crisis as regulatory failures push it to the brink, threatening fuel supplies and economic stability.
Explore the debate on Latin America adopting the US dollar, covering economic benefits, risks, and global currency dynamics in a post-Maduro era.
The IMF highlights India's crucial role in global growth, projecting 6.6% expansion for 2025-26 and signaling potential upward revision after strong Q3 performance.
An IMF assessment team will visit Sri Lanka from January 22-28 to evaluate Cyclone Ditwah's impact and discuss recovery support, including resuming the Extended Fund Facility program.