Pakistan finance minister Asad Umar resigns after being offered energy portfolio as part of cabinet reshuffle. Negotiations with IMF and FATF now at risk.
Here’s what’s happening across the border: US to ensure Pak doesn't use IMF bailout to repay Chinese debt, and Voice of America’s Urdu and Pashto websites blocked in Pakistan.
Here’s what’s happening across the border: Pakistan assures help in advancing Afghan peace process after Trump’s request; Finance minister says country's economic crisis is over.
Here’s what’s happening across the border: Imran Khan says Pakistan Army has supported all his decisions so far; China welcomes opening of the Kartarpur Corridor.
Here’s what’s happening across the border: PPP co-chairman Zardari is ready to talk to Nawaz Sharif, and newspapers editors object to new media legislation.
Here’s what’s happening across the border: Pakistan has no qualms about sharing loan details with IMF; leaders pay homage to human rights defender Asma Jahangir.
Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.
Each billion dollars we spend on GPUs and AI hardware is akin to planting more neurons in the simulated brain we are building. And this brain is expanding — quickly.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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