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BUENOS AIRES, Oct 18 (Reuters) - Argentina's central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible $6.5 billion, part of a broader deal the South American country has been using to help it defend the embattled local peso. The agreement with...

As of September 2023, the yuan accounted for 5.8% of international payments, up from 4.82% in August, which is the highest share the Chinese currency has held in the last five years, according to SWIFT system data. The rise of the yuan in international trade settlements is seen as a reflection...

Gulf state has asked Dassault Aviation for quotes on Rafales Saudi Arabia has bought US, UK military planes in the past https://www.bloomberg.com/news/articles/2023-10-21/saudi-arabia-mulls-buying-54-dassault-fighter-jets-tribune-says#xj4y7vzkg Meanwhile France Budgets €11.7 Billion For...

EDITORIAL: It is often said in politics that the true measure of a government is what it leaves behind. As such, leaders and members of the 15th National Assembly, which just completed its tenure, would not take much delight in the contents of two reports – both from credible outlets – that have...

Saudi Arabia is reportedly pushing the United Kingdom, Japan and Italy to allow it to become a full partner in Global Combat Air Programme (GCAP) that the three countries signed in December. The GCAP aims to develop a sixth-generation stealth fighter jet by 2035. According to a report in the...

About 2/3rd of the money comes from GCC (where people have families in Pakistan).

:lol: Main Sab! Sarkain banane se qoumain nahi banteen (Imran Khan) :lol:

KARACHI: Former Pakistan Muslim League-Nawaz (PML-N) leader Irfanullah Marwat has decided to support the Pakistan Tehreek-e-Insaf (PTI) in the by-election for PS-114, Karachi scheduled to be held on July 9 this year. On Saturday, a delegation of the PTI comprising provincial president Arif...

PPP's merger with PTI now almost complete.

MANDI BAHAUDDIN – Pakistan Peoples Party’s (PPP) struggle to make its way in Punjab is seeming useless as its members, who are angry with party leadership, seem to be defecting to Pakistan Tehree-i-Insaf (PTI). In the latest development, former minister of PPP Nazar Muhammad Gondal from Mandi...

JIT only named PSF (Student wing of ANP) in her recent report about Mashal's lynching but stopped short of naming any other parties involved. Reliable sources have revealed that high-ups of PTI had asked the police to not to include the name of the party in the report.

China's just-completed conference touting its Belt and Road initiative certainly looked like a triumph, with Russian President Vladimir Putin playing the piano and Chinese leaders announcing a string of potential deals and massive financial pledges. Underneath all the heady talk about China...

A government cash-incentive scheme has helped place almost 90,000 underage Pakistani brick kiln workers into school, officials said Friday, an initiative aimed at easing the long-standing problem of indentured labour. Campaigners estimate there are more than two million Pakistanis trapped in a...

Calls for restructuring of Council Jamia Millia Islamia on Monday conferred the Degree of Doctor of Letters (Honoris Causa) to Turkish President Recep Tayyip Erdogan who is on a two-day visit to India. The university said that it was conferring the degree to President Erdogan for “his...

The federal government is planning to set up a “Pakistan Infrastructure Bank” to finance private investors in development projects. The Bank will have a $1 billion paid-up capital for this purpose. Finance Minister Ishaq Dar announced the news during a press briefing with Pakistani media. He...

A couple of years ago, Punjab government and Punjab Information Technology Board (PITB) announced the setting up of free WiFi access across the province. The government re-announced the project several times during the past two years. The project was initially planned for Lahore, Rawalpindi and...