Category: WORLD NEWS

Pakistan Prime Minister Imran Khan has roped in some renowned foreign economists in the newly-constituted economic advisory panel to provide the best possible professional advice to his cash-strapped government on prudent economic policies, media reported on Sunday. The immediate challenge for the Khan-led government is to arrange finances to fill about a USD 10 billion gap that is arising due to higher outflows than estimated inflows. Pakistan’s current account deficit stands at USD 18 billion, while its foreign currency reserves are just over USD 10 billion, enough to cover two…

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China is all set to showcase its growing influence in Africa at the next Monday’s China-Africa summit to be attended by a number of African leaders where President Xi Jinping is expected to announce new projects under the Belt and Road Initiative (BRI).China is investing billions of dollars in aid and projects, making Africa the most focussed destination under the BRI.This is the third-time China is hosting its Africa summit. The inaugural 2006 summit was held in Beijing and followed by another one in 2015 at Johannesburg.Xi will introduce new…

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Lawyers for President Donald Trump have asked a judge to dismiss a lawsuit brought against his charitable foundation by New York’s attorney general, arguing that it was politically motivated.In the motion yesterday, Trump attorney Alan S Futerfas argued that former New York Attorney General Eric Schneiderman “made it his stated mission to ‘lead the resistance’ and attack Mr Trump whenever possible” and “used his public antipathy for Mr Trump to solicit donations for his own re-election campaign and advance his career interests and aspirations.” Trump very publicly announced his intention to…

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Washington, Aug 30 (DIN NEWS) The Trump administration wants to give new Pakistan Prime Minister Imran Khan space to explore opportunities to improve relations with India, a senior Pentagon official has said. Many new governments come to power in Islamabad and want to improve the relationship with India, but then soon face realities and all the difficulties, Randall G Schriver, US Assistant Secretary of Defence for Asian and Pacific Security Affairs said at an event organised by Carnegie Endowment for International Peace here. “We want to give the new prime…

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Pakistan’s imprisoned former prime minister Nawaz Sharif today again appeared before an anti-corruption court in the remaining two graft cases against him and his family, a media report said.The 68-year-old PML-N leader appeared before the court as accountability court II Judge Mohammad Arshad Malik resumed hearing of Al-Azizia and Flagship Investment cases, Geo news reported.Sharif’s counsel Khawaja Harris cross-questioned Panamagate Joint Investigation Team (JIT) head and prosecution’s witness Wajid Zia, the report said.Yesterday, the Supreme Court ordered the accountability court to conclude the remaining two corruption cases against deposed prime…

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The United States and Mexico reached a deal on Monday to change the North American Free Trade Agreement (NAFTA) and talks with Canada were expected to begin immediately, U.S. President Donald Trump said. “They used to call it NAFTA. We’re going to call it the United States-Mexico trade agreement. We’ll get rid of the name NAFTA,” Trump told reporters. The name had a “bad connotation,” Trump said.  The agreement lifted financial markets and opens the door for Canada to return to the negotiations to rework the 1994 U.S.-Canada-Mexico trade deal.…

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London, Aug 26 (DIN NEWS) Congress President Rahul Gandhi today alleged that the judiciary and election commission were being “torn apart” under the BJP government and Prime Minister Narendra Modi was keeping mum on grave issues confronting the nation. Addressing the Indian Overseas Congress in London, he said the prime minister insulted every Indian by saying that nothing had happened in the last 70 years. “India shows the future to the world. The people of India made this possible, and the Congress helped them,” he said. “If the prime minister…

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Islamabad, Aug 25 (DIN NEWS) Pakistan’s new government has banned the discretionary use of state funds and first-class air travel by officials and leaders, including the president and the prime minister, as part of its austerity drive. The decisions were made at a Cabinet meeting, chaired by Prime Minister Imran Khan yesterday, according to Information Minister Fawad Chaudhry. “It has been decided that all the top government officials, including the president, prime minister, chief justice, senate chairman, speaker national assembly and the chief ministers will travel in club/business,” he told…

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Pakistan has “solid evidence” against Indian national Kulbhushan Jadhav and is hopeful of winning the case against him at the International Court of Justice (ICJ), the country’s new Foreign Minister Shah Mehmood Qureshi said today.Jadhav, 47, was sentenced to death by a Pakistani military court on spying charges in April 2017. India moved the ICJ in May the same year against the verdict. The world court has halted Jadhav’s execution on India’s appeal pending the final verdict by it.Both India and Pakistan have already submitted their detailed pleas and responses…

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UN Secretary General Antonio Guterres has called for global support for the victims of terrorism and their families, stressing that it is a “moral imperative” to protect their rights and amplifying their voices will help to challenge the narrative of hatred that terrorism aims to spread. Recognising the impact of terrorism on the lives of ordinary people worldwide was the focus yesterday to mark the first International Day of Remembrance of and Tribute to the Victims of Terrorism. The UN General Assembly adopted a resolution last December and proclaimed August…

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