Russia also warned it would take military countermeasures if the US expanded missile defences, including in Greenland Russia is ready for the new reality of a world with no nuclear arms control limits after the New START treaty expires later this week, Russia’s point man for arms control said on Tuesday. Unless Moscow and Washington … Read more

[ State Bank of Pakistan. Photo: File ISLAMABAD: The inflation rate inched up slightly to 5.8% in January, in line with market and official expectations, as Prime Minister Shehbaz Sharif publicly urged the central bank governor to take a bold stance and cut interest rates to support the economy. The Pakistan Bureau of Statistics (PBS) … Read more

Construction on the Hudson River tunnel could stop as Gateway sues over withheld federal funds WASHINGTON: The commission overseeing a massive $16 billion Hudson River tunnel, the linchpin of rail travel between New York and New Jersey, filed suit to force the Trump administration to restore funding just days before construction is set to halt … Read more

[ Agree to fast-track PTA concessions, labour working group and regional transport corridors ISLAMABAD: Pakistan and Uzbekistan on Monday agreed to accelerate efforts to raise bilateral trade to $2 billion as the 10th Session of the Pakistan–Uzbekistan Intergovernmental Commission (IGC) on Trade, Economic and Scientific-Technical Cooperation concluded in Islamabad. According to a statement issued by … Read more

In case of an expanded attack, a coordinated response would be triggered 72 hours after initial breach Ukraine has agreed with Western partners that any persistent Russian violations of a future ceasefire agreement would trigger a coordinated military response from Europe and the US, the Financial Times reported on Tuesday, citing people briefed on the … Read more

[ Talks with Ajay Banga focus on execution delays, private investment and CPF-aligned priorities ISLAMABAD: Ajay Banga, President of the World Bank Group, called on Prime Minister Muhammad Shehbaz Sharif in Islamabad on Monday, with both sides emphasising the need to fast-track implementation of reform-linked development projects and strengthen oversight to ensure timely results. The … Read more

[ Licence holder now plans to launch passenger, cargo service between Karachi, Gwadar ISLAMABAD: Mounting tensions between the United States and Iran have impeded the launch of ferry service between Pakistan and Iran. Pakistan has already issued its first-ever international ferry service licence, paving the way for licensed passenger ferry operations between Pakistan and member … Read more