As the government in Pakistan scrambles to relieve a shortage of wheat, Pakistanis are protesting the scarcity of flour and high bread prices.
Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China.
A functioning and prospering economy would be key to the success and sustainability of the imminent peace deal that the United States and Taliban are close to signing.
Pakistan has emerged as the new front for the global rivalry between the United States and China as the two powers jostle to shape the 21st century.
China and Pakistan have urged the United States "to sift fact from fiction" before questioning their bilateral infrastructure development program, which Beijing is funding under its global Belt and Road Initiative (BRI).
The United States has warned Pakistan of the long-term risks to its economy if it embraces China's massive infrastructure project and suggested that it should instead look to the U.S. business model.
The Central Asia-South Asia-1000 (CASA-1000) project aims to bring massive amounts of electricity from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan.
A global money-laundering watchdog has given Pakistan until February to step up its operations to combat terrorism financing in accordance with an internationally agreed action plan or face actions against it.
Pakistan is set to learn whether it has done enough to be removed from a global watch list of countries with inadequate controls over the financing of terrorism.
The worsening economic conditions in Pakistan are helping an Islamist political party to threaten the survival of the country’s civilian government.
Pakistan has offered new concessions to China in a visible effort to revive economic relations with the neighboring giant.
The United States has said it is cutting back $160 million worth of aid to Afghanistan, accusing Kabul of rampant corruption less than 10 days before a crucial presidential election.
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