China's growing economic footprint in many developing countries is causing a significant amount of debt repayment crisis after the financial challenges posed by the pandemic. China, which surpassed traditional multilateral institutions as the largest creditor to the developing world, has sin
Union minister Rajeev Chandrasekhar said he will meet Indian startups this week to understand the impact of SVB Financial's collapse on them and how the government can help during the crisis.
The SVB collapse has sent ripples across the tech industry in the United States, the United Kingdom and other countries, including Israel, where the tech lender has branches.
Pakistan's former finance minister Miftah Ismail said that no political leader or martial law can improve the system in the country until the government make systemic changes as the country is in deep economic crisis coupled with huge debt and urged for consensus for economic policy, Geo
Recovery from the magnitude-9.0 earthquake and resultant tsunami that devastated Fukushima, Iwate and Miyagi prefectures has progressed in the ensuing years, but some 31,000 people remained displaced as of November 2022, Kyodo News said. Cleanup plans at the Fukushima Daiichi nuclear complex
The Pakistan Bar Council (PBC) on Friday moved a complaint before the Supreme Judicial Council (SJC) seeking necessary action against a judge of the apex court for his alleged involvement in recent audio leaks and corruption. The complaint against Justice Sayyed Mazahar Ali Akbar Naqvi was f
Foreign Minister of Pakistan Bilawal Bhutto Zardari has claimed that the International Monetary Fund (IMF) is not being "fair" to Pakistan, as the country is facing serious crises. In an interview with the Associated Press on Friday, Bilawal Bhutto said that Pakistan was facing an economic c
Notwithstanding the fact that crisis-hit country has completed a major part of IMF conditionality, glitches still remain with regard to external financing requirement.