Pakistan secured a $1 billion loan from two Middle Eastern banks. Channel News Pakistan

Finance Minister Muhammad Aurangzeb confirms the news in an interview at the World Economic Forum’s annual gathering. Another step in Pakistan’s efforts to obtain much-needed funding was taken Tuesday when Finance Minister Muhammad Aurangzeb said that the nation has finalized conditions for a $1 billion loan from two Middle EasternContinue Reading

TikTok resumes service in USA; thank you, Trump. Channel News Pakistan

WASHINGTON (Reuters) — TikTok said on Sunday that it was restoring service after President-elect Donald Trump promised to reinstate the app’s access in the United States when he takes office on Monday. The comment came after US customers reported being able to access the Chinese-owned service’s website, but the farContinue Reading

Trump is sworn in as the 47th president of the United States. Channel News Pakistan

WASHINGTON  (A News) – At a pompous ceremony, Donald Trump took the oath of office as the 47th president of the United States. The future of one of the oldest democracies is greatly influenced by the incoming White House occupant, and his choices have a global effect. After beating Kamala HarrisContinue Reading

Canadian banks quit the global climate coalition. Channel News Pakistan

On Friday, four of Canada’s largest lenders, along with six major US institutions, announced their withdrawal from a global climate alliance. The departures from the Net-Zero Banking Alliance began with Goldman Sachs’ statement on December 6, and they occur ahead of Donald Trump’s return to the White House next week.Continue Reading

IMF thinks Pakistan would not be able to reach its growth objective. Channel News Pakistan

The International Monetary Fund (IMF) predicts that Pakistan’s economy will rise by 3% in the current fiscal year. On Friday, the IMF issued its World Economic Outlook report, which included mixed economic estimates for the current and forthcoming fiscal years. According to the research, Pakistan’s economic growth is predicted toContinue Reading