The declaration was met with loud protests from the Sunni Ittehad Council (SIC) party backed by Khan. The lawmakers called for Khan’s release and shouted slogans alleging Sharif had come …
Cash-strapped Sri Lanka said on Wednesday it had exported tea worth US$20 million to Iran to partially repay its US$251 million oil debts, with Colombo saying Tehran’s visiting foreign minister …
The new government would also be under intense pressure from jailed ex-leader Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party, which backed independent candidates comprising the single largest grouping in the National …
The Nigerian government on Wednesday said it has become very difficult to sustain subsidies on electricity in the country. Nigeria’s Minister of Power, Adebayo Adelabu, disclosed this at a press …
The comparisons among nations’ economies look at nominal GDP, which doesn’t reflect some different national conditions, and is in dollar terms. The Shinjuku district of Tokyo. Japan’s economy has slipped …
Japan is making progress towards completely overcoming deflation as “positive developments” not seen before in the economy are emerging to support this view, the government said on Tuesday. A policy …
Bankers at the World Economic Forum in Davos are the latest to warn that the sovereign debt of low-income countries has reached a breaking point as high interest rates, the …
Artificial intelligence (AI) will affect 60 per cent of jobs in advanced economies, IMF Managing Director Kristalina Georgieva said on Sunday, just before departing for the World Economic Forum in …
But while expectations are high that Beijing would further ease its fiscal and monetary policies to shore up growth, there may be limited room for such manoeuvres, especially when it …
Russia admitted that its economy was on the brink of ruin last year, but it’s claiming now that it has beaten sanctions and is on track for strong growth this …