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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Inflation spikes to two-year high of 10.9%

ISLAMABAD: Inflation rose to a near two-year high of 10.9% in April, driven by global supply shocks and the government’s decision to fully pass on higher fuel costs to consumers, in addition to raising petroleum levy, sending energy, transport and food prices soaring. The Pakistan Bureau of Statistics reported on Friday that for the first…

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Humpty Dumpty had a great fall

The precarious political situation in Pakistan reminds me of a famous children’s nursery rhyme. It goes something like this: Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men couldn’t put Humpty Dumpty together again. It feels like all the political, economic and constitutional…

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PMD issues GLOF alert for G-B, K-P

. KARACHI: The Pakistan Meteorological Department (PMD) has issued a Glacial Lake Outburst Flood (Glof) alert for Gilgit-Baltistan and parts of Khyber-Pakhtunkhwa, warning of heightened risks due to an incoming weather system. According to the advisory, a moderate westerly wave is expected to enter the upper parts of Pakistan from May 3 (today) bringing widespread…

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Baptiste ends Sabalenka’s title defence

American Hailey Baptiste in action against Sabalenka at the Madrid Open. Photo: AFP LONDON: Hailey Baptiste ended Aryna Sabalenka’s title defence in Madrid on Tuesday and halted the world number one’s 15-match winning streak with a 2-6, 6-2, 7-6 (8/6) quarter-final victory to deliver the biggest shock of the tournament so far.The American saved five…

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Pakistan ranks 16th in global talent index

Scores 97/100 for cost competitiveness but only 30/100 for infrastructure, creating 67-point gap KARACHI: Pakistan has risen to 16th place in the Global Outsourcing Talent Index 2026, surpassing 177 countries, according to a report by Ataraxis Management. This places the country in the top 8.3% of global digital labour markets and highlights strong performance in…

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Pakistan, Turkiye commando exercise Jinnah-XIII concludes in Ankara, Isparta

ISPR says primary aim of exercise was to refine drills, procedures, techniques related to counterterrorism operations Pakistan, Turkiye Joint Commando and Special Forces Exercise Jinnah-XIII. PHOTO: Screengrab The Pakistan–Turkiye Joint Commando and Special Forces Exercise Jinnah-XIII was successfully conducted in Turkiye on Thursday, focusing on counterterrorism operations, the military’s media wing said in a statement…

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