Pakistan plans to repay $4.8 billion in external debt by June, with $3.5 billion owed to the UAE. The country has secured over $5 billion in financial assurances to manage external needs amid a $1.3 billion Eurobond repayment this week.
Pakistan plans to repay $4.8 billion in external obligations by June, with $3.5 billion owed to the UAE. The country has secured over $5 billion in financial support from allies to manage its external financing needs amid regional tensions.
Finance Minister Nirmala Sitharaman highlights the global shift from temporary shocks to ongoing volatility due to conflicts and trade disruptions, urging economic resilience.
Rising petrol prices in Pakistan are severely impacting students and low-income families, forcing many to cut back on education and essential expenses amid economic strain.
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Global oil prices declined after the US and Iran received a framework for ending hostilities, though Iran rejected immediate reopening of the Strait of Hormuz amid Trump's threats.
Saudi Arabia and Russia have reaffirmed their commitment to oil market stability, with the two nations set to account for more than 60% of global production increments starting in May.
OPEC+ increases oil production quotas by 206,000 bpd but cautions that damage to energy infrastructure from conflicts could prolong global supply disruptions and market volatility.
Pakistan announces it will repay $3.5 billion in debt to the UAE by month's end, citing national dignity despite concerns over foreign exchange reserve pressure.
OPEC+ is expected to approve a largely symbolic oil production increase at its Sunday meeting, as key producers face severe supply disruptions due to the US-Israeli war with Iran and other geopolitical factors.
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Pakistan's cotton sector faces a deepening crisis as policy paralysis stalls a cess hike, impacting farmers and exports amid economic challenges.
Experts report that geopolitical factors have become the main influence on global trade, shifting focus from traditional economic drivers like supply and demand.
Escalating Middle East tensions are triggering significant fuel price increases in the United States, with petrol reaching $4.09 per gallon and diesel hitting $5.53. Major companies like Amazon and airlines are implementing surcharges, while economists wa
Petrol prices in Pakistan have soared to PKR 459 per litre, leading to widespread economic protests in Rawalpindi and Islamabad as citizens decry the severe financial strain.
Transport freight fares in Pakistan's Khyber Pakhtunkhwa province have surged by 65 percent, driven by rising fuel prices and economic pressures, impacting trade and inflation.
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Former President Donald Trump claims his tariff policies led to the biggest drop in US trade deficit history, reducing it by 55% during his term, sparking debate on economic impacts.
Foreign affairs expert Robinder Sachdev highlights how free market forces are driving Iranian crude oil rerouting, with the United Nations facing a diplomatic deadlock over enforcement and sanctions.
Pakistan's government has reduced petrol prices by PKR 80 per litre, reversing a sharp hike that sparked severe public criticism and protests across the nation.
Pakistan is set to return $3.5 billion in debt to the UAE by the end of this month, a move that could strain its foreign exchange reserves amid economic challenges.
Pakistan will repay a $2 billion loan to the UAE by month-end, as requested amid Middle East tensions. The loan, with 6% interest, was for balance of payment support.
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Pakistan has raised fuel prices by an unprecedented 43-55% in a single adjustment, driven by IMF demands, economic reforms, and fiscal pressures. This move impacts inflation, public transport, and daily life.
The current Iranian blockade of the Strait of Hormuz draws parallels to the 1956 Suez Canal crisis, where global trade was paralyzed for months. This historical comparison highlights the heavy price the world economy pays during such geopolitical conflict
A massive fuel price increase in Pakistan has ignited nationwide protests and public anger, with citizens facing severe economic strain amid rising inflation and living costs.
UAE motorists face a sharp fuel price increase of up to Dh2 per litre in April 2026, with Ajman taxi fares rising to Dh1.89 per km due to global oil market tensions.
Pakistan has increased petrol prices by 4.3% due to global market volatility from the US-Iran war, impacting inflation and daily life. The hike reflects regional instability and economic pressures.
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US President Donald Trump has announced new tariffs on pharmaceuticals and key metals, aiming to encourage domestic manufacturing. The measures include a 100% tariff on patented drugs and revised duties on steel, aluminium, and copper, with exemptions for
Oil prices surged sharply on Friday as Middle East tensions intensified, with Brent crude climbing 7.8% and WTI futures hitting record premiums amid supply concerns through the Strait of Hormuz.
Former President Donald Trump has announced a significant reduction in US import duties on steel, aluminum, and copper derivative products, impacting global trade dynamics and manufacturing sectors.
The Arctic is transforming from frozen wilderness into a strategic maritime highway as Russia and China advance their Polar Silk Road initiative, challenging traditional shipping routes and reshaping global power dynamics.
Europe is grappling with a major fuel crisis as diesel and petrol prices skyrocket due to Trump's war on Iran, impacting road transport and economies.
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European Central Bank President Christine Lagarde highlights profound economic uncertainty from Iran and Ukraine conflicts while reflecting on her trailblazing career from synchronized swimmer to global finance leader.
