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Dar, Australian FM discuss Islamabad talks, stress dialogue amid global economic concerns

Both sides express concern over broader implications on global economy, especially for developing countries Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar held a telephone conversation with Australian Foreign Minister Penny Wong on Sunday, April 20th, 2026. Australian Foreign Minister Penny Wong on Monday praised Pakistan’s “constructive role” in facilitating dialogue between Iran and…

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Asia-Pacific outlook dims as Middle East tensions fuel inflation, warns UN

Growth in Asia-Pacific developing economies slows to 4.6% in 2025, projected at 4% in 2026 Activists hold a silent protest against the draft agreement, during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 22, 2024. PHOTO: REUTERS Despite mounting global headwinds, Asia-Pacific developing economies’ growth is projected to slow to 4.0% in…

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Pakistan, Egypt successfully conclude Thunder-II counterterrorism exercise at Cherat

Two-week exercise designed to enhance interoperability by refining drills, procedures, techniques, ISPR says Pakistan and Egypt successfully concluded a joint counterterrorism exercise, “Thunder-II”, held at Cherat in Khyber-Pakhtunkhwa, the military’s media wing said on Monday. According to the Inter-Services Public Relations (ISPR), the two-week exercise was “designed to enhance interoperability by refining drills, procedures, and…

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Peacemaking’s economic payback

By helping the world reduce oil prices from the $150-$200 range and saving hundreds of billions in import bills and high interest expense, Pakistan has earned its seat at the table. photo: REUTERS KARACHI: Pakistan’s genuine efforts and role as a global peacemaker are finally being taken seriously. Diplomacy is a two-way street, and Pakistan…

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Naqvi, US envoy review security for expected US-Iran talks in Islamabad

Natalie Baker expresses appreciation for country’s efforts, role in ensuring secure environment amid regional tensions Interior Minister Mohsin Naqvi on Monday met US Chargé d’Affaires to Pakistan Natalie Baker at the US Embassy to discuss security arrangements ahead of the expected US-Iran talks in Islamabad, according to the interior ministry. During the meeting, both sides…

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Sovereign debt trap and illusion of fiscal stabilisation

Govt is no longer borrowing to fund infrastructure or improve human capital; it is borrowing to service interest on pr KARACHI: The prevailing narrative suggesting that Pakistan has achieved macroeconomic stability through the current International Monetary Fund (IMF) programme is a dangerous oversimplification. Such a perspective conveniently ignores the systemic erosion of the national industrial…

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