The overriding objective of President Donald Trump’s ‘liberation day’ tariffs — most of which remain suspended until July while the White House renegotiates trade deals with dozens of countries running trade surpluses with America — is to re-industrialise America and bring blue-collar jobs back by rebuilding its manufacturing base. But that will not be possible for him without severely impairin
The World Bank has affirmed that the Indus Waters Treaty between India and Pakistan does not permit unilateral suspension — a stance Pakistan has maintained consistently. However, how soon India will consider this affirmation and retract its announcement of holding the treaty ‘in abeyance’ remains unclear. Despite international diplomatic efforts, including Donald Trump’s attempts to mediate a
For the most part, Pakistan’s financial services industry is quite boring, at least when it comes to designing products that customers need. But for anyone who cares to look, their books are a treasure trove. The recent episode of taxes is a great reminder, showing how banks engaged in window dressing at a scale that was unimaginable not long ago. While that story became mainstream, thanks to t
India’s commerce ministry announced restrictions on some imports from Bangladesh via its land borders, prompting fears for the South Asian country’s export-reliant economy. Relations between the two countries have deteriorated after former Bangladeshi prime minister Sheikh Hasina — a long-term New Delhi ally — was ousted last year, and fled to India where she is currently living in self-imposed
Pakistan, China and Afghanistan are set to hold tripartite talks in Beijing on Tuesday (tomorrow) to discuss regional peace and security in the wake of a military standoff between Pakistan and India. According to media reports, the foreign ministers of the three nations will meet to discuss issues of mutual interest, including regional stability and cooperation. Deputy Prime Minister and