Search For "cris"
Asia's richest woman lost half her wealth in China's property crunch
Updated : 3 years, 8 months ago IST
Beijing [China], July 29 (ANI): As China's property crisis escalates, Asia's wealthiest woman has seen her wealth fall to USD 11 billion from nearly USD 24 billion this year, a media report said.
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Bleak future lies in store for Pakistan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is at a crossroads as most paths lead to further disaster than seen in the last six months.
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Pakistan's economic outlook is uncertain, blurry
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
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Imran Khan polarizing Pakistan, insists on talks with proscribed organizat
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): Amid political instability and economic chaos, former Pakistan Prime Minister Imran Khan is trying to polarize the country by insisting on talks with the proscribed organization Tehreek-i-Taliban Pakistan (TTP), the separatists of Balochistan and Sindh
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Credit agency S&P cut Pakistan's credit outlook rating to negative
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media
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Pak to sell shares of state-owned entities, LNG power projects to friendly
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): In order to tackle the country's crippling economy and contain inflation, Pakistan Finance Minister, Miftah Ismail on Wednesday announced that the government is looking forward to amend the laws for the sale of shares of listed state-owned entities wit
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World Bank says no plan to offer new financing to crisis-hit Sri Lanka
Updated : 3 years, 8 months ago IST
New Delhi [India], July 29 (ANI): The World Bank has no plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is in place in the island country, which is facing its worst crisis.
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Load-shedding crisis, tax on electricity bills lead to massive protest in
Updated : 3 years, 8 months ago IST
Muzaffarabad [PoK], July 28 (ANI): The Poonch division of the Jammu Kashmir National Students Federation (JKNSF) has launched a protest movement against load shedding and unjustified taxes on electricity bills in Pakistan-occupied Kashmir (PoK).
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Pakistan on brink of economic collapse
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 28 (ANI): With the depleting foreign currency reserves and rising inflation, Pakistan is on the brink of economic collapse and heading towards a path similar to the economic downfall of Sri Lanka.
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Pakistani rupee dives to 240 per US dollar
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 28 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Thursday as it dropped to PKR 240.5 against the dollar in the interbank market.
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"Two-man cabinet", NCP leader Jayant Patil takes a dig at Eknath Shinde go
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): Taking a dig at the delayed allotment of portfolios by the Eknath Shinde government in Maharashtra, NCP's state chief Jayant Patil said only a "two-man cabinet" was functional and problems of people due to the flood-like situation and other issues
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Deteriorating economy, political uncertainty hit China-led Gwadar Port Pro
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 28 (ANI): China, the sole investor in the Gwadar projects are hesitating to invest amid uncertainties as the ongoing economic crisis and political instability in Pakistan are hitting Chinese investment sentiments.
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