Search For "economic crisis"
Pakistan: 8 million people remain jobless as unemployment rate jumps to 7.
Updated : 3 months, 2 weeks ago IST
The unemployment rate in Pakistan has risen resulting in the number of jobless people in the country to cross the figure of eight million people, Ary News reported citing the Labour Force Survey (LFS) 2024-2025 released by the Pakistan Bureau of Statistics (PBS).
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China's economic crisis deepens as CCP purges intensify
Updated : 4 months ago IST
A Taiwan Mainland Affairs Council report warned of growing instability in China amid economic decline, deflation, and political purges. It highlighted falling growth, record youth unemployment, and the dismissal of senior officials and generals, signalling deep internal challenges under Xi J
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Pakistan's economic decay fuels rising poverty and inequality, warns World
Updated : 4 months, 1 week ago IST
Amid a worsening economic crisis, the World Bank Group has sounded alarm bells over Pakistan's deepening poverty and widening inequality in its recently released report, "Reclaiming Momentum Towards Prosperity: Pakistan's Poverty, Equity and Resilience Assessment".
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Sri Lanka's advancement inextricably linked with India: LoP Premadasa call
Updated : 4 months, 1 week ago IST
In an interview with ANI, Premadasa, who is on a visit to India, lauded the Indian government for its "fullest support" during the economic crisis, adding that the mutual interest of both countries is to work together.
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Pakistan's industrial base on brink as policies falter and energy costs so
Updated : 4 months, 3 weeks ago IST
Pakistan's industrial base, once viewed as the country's main driver of sustainable economic growth, is rapidly losing steam. The large-scale manufacturing (LSM) sector continues to show alarming signs of stagnation despite government claims of economic stabilisation and improved global ties
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Rodrigo Paz wins Bolivia's presidential election, victory marks end of two
Updated : 4 months, 3 weeks ago IST
Rodrigo Paz of the centre-right Christian Democratic Party (PDC) in Bolivia has been elected as the country's new president, ending almost 20 years of socialit leadership
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Polls open in Bolivia's presidential run-off as country faces deepening cr
Updated : 4 months, 3 weeks ago IST
Bolivians began voting on Sunday in a decisive presidential run-off between two pro-market candidates, signalling the end of nearly 20 years of socialist leadership and a potential pivot back toward closer ties with the United States, Al Jazeera reported.
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Afghans struggle with rising poverty and unemployment despite government e
Updated : 5 months, 1 week ago IST
Afghanistan's economic crisis continues despite government efforts, with many residents unable to afford basic food due to unemployment and poverty, Tolo News reported. Shopkeepers say sales have plummeted, while experts warn that without a long-term plan, worsening poverty could fuel migrat
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"Not here to taste the power": Sushila Karki after assuming charge as Nepa
Updated : 5 months, 1 week ago IST
"I and my team are not here to taste the power. We won't stay for more than six months. We will hand over the responsibility to the new parliament. We won't succeed without your support," Karki said during a press conference after formally assuming office at the Singha Durbar.
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Bolivia heads to presidential run-off as MAS ends two-decade rule
Updated : 6 months, 4 weeks ago IST
Bolivia heads to a presidential run-off as centrist Rodrigo Paz leads with 32.8% and conservative Jorge "Tuto" Quiroga follows with 26.4%. MAS, in power since 2005, is "out of the picture," Al Jazeera reports. The run-off will be held on October 19 amid a severe economic crisis.
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Pakistan's trade deficit soars 44 pc in July, raising economic concerns
Updated : 7 months ago IST
Pakistan's trade deficit surged by a staggering 44 per cent in July, driven by a sharp increase in imports, raising fresh concerns about the country's economic situation, which is already in a crisis, The Express Tribune reported.
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Afghanistan's hunger crisis worsens, WFP warns of dire situation
Updated : 7 months, 1 week ago IST
The hunger crisis in Afghanistan is spiralling out of control, with the World Food Programme (WFP) warning that the situation is deteriorating by the day.
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