The crisis has been driven by an unprecedented combination of excessive taxation, soaring electricity tariffs, and a flood of under-invoiced yarn and fabric imports, particularly from China and other regional markets, as reported by Dawn.
After Takaichi suggested that Tokyo could deploy military forces in the hypothetical event of a conflict in the Taiwan Strait, Beijing has increased diplomatic and economic pressure on Japan, seeking to force the Japanese Prime Minister to retract her November 7 remarks in Parliament.
Despite tariff challenges imposed by the United States, India's micro, small and medium enterprises (MSME) sector demonstrated resilience in the July-September quarter, according to the latest MSME Outlook Survey released by the Small Industries Development Bank of India (SIDBI).
China on Saturday strongly opposed a US Trade Representative (USTR) probe into its compliance with the Phase One trade agreement, accusing Washington of escalating economic pressures and spreading false narratives that undermine bilateral ties.
Following the peace deal in the Middle East and the end of the Israel-Palestine war, Leavitt expressed confidence in the newly imposed "hefty" sanctions on Russian oil companies, repeating the claim that India, along with other countries, will scale back oil purchases from the country.
The US Department of the Treasury on Wednesday (local time) imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
US President Donald Trump expressed strong optimism about Ukraine reclaiming its pre-war borders from Russia with robust support from the European Union and NATO, following his meeting with Ukrainian President Volodymyr Zelenskyy on the sidelines of the United Nations General Assembly.
PTI's parliamentary committee backed Imran Khan's decision to boycott by-elections and urged him to appeal to overseas Pakistanis for flood relief funds, Dawn reported. Asad Qaiser warned of economic pressure due to crop losses, while a planned media event with KP CM Gandapur in Islamabad wa
Russia's Foreign Ministry Spokeswoman Maria Zakharova responded sharply to the sanctions and restrictions being imposed by Washington, which have impacted countries across the world. Calling it a "neocolonial agenda", she said that "politically motivated economic pressure" was being put o
Afghanistan plans to send 2,000 workers to Qatar for legal jobs amid rising unemployment and returning refugees. The Taliban-led Labor Ministry says coordination with Qatar is complete, and registration details will follow. The move aims to ease economic pressure as thousands struggle with p
India is set to overtake Japan as the world's fourth-largest economy, marking a significant shift in Asia's economic balance, according to the latest Rubix Country Insights Report: Japan by Rubix Data Sciences.
"Iran's behaviour has left it decimated. While it has had every opportunity to choose peace, its leaders have chosen extremism... Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its