S&P cites macro stress risk from ME war

ISLAMABAD: S&P Global Market Intelligence has identified Pakistan as the economy facing the highest macro-financial stress risk under a prolonged Middle East conflict scenario. This is part of the latest assessment of major Asia-Pacific (APAC) economies. The outlook projects Pakistan’s real GDP growth to ease to 3.2% in fiscal year 2027, with the balance of … Read more

Judge grants accused CEO killer Mangione’s bid to suppress evidence due to unlawful search

Ruling is a legal boost for Mangione, although prosecutors say they have ample evidence of his ​guilt A United States court judge on Monday partially granted Luigi Mangione’s bid to ‌prevent evidence found in his backpack during his arrest from being admitted at his murder trial for allegedly assassinating a health insurance executive in Manhattan. … Read more

Govt explores AIIB financing

. ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb on Monday held a meeting with a delegation of the Asian Infrastructure Investment Bank (AIIB), led by its President Zou Jiayi, at the Finance Division. The minister appreciated AIIB’s continued partnership with Pakistan in supporting infrastructure development, economic reforms and long-term development financing. He thanked AIIB for … Read more