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Donald Trump’s comeback to the White House and the ongoing trade conflict between the United States and China have brought renewed attention to the India-Middle East-Europe Economic Corridor (IMEC). The logistics corridor initiative, inaugurated during the 2023 G20 summit held in Delhi, seeks to streamline commerce in products, energy, and information. This new trading…
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EXPLORE FURTHER: Business in a Canadian Border Town Attributes Closure to Tariff Dispute Canadians are opting out of U.S. getaways and are flocking to the sun-kissed shores of Mexico as an alternative. Numerous Canadians have eagerly participated in this activity. protest against U.S. products and services Following President Donald Trump’s imposition of tariffs on…
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Addis Ababa, May 10, 2025 (ENA) — The central bank governors of the East African Community (EAC) anticipate that the regional economy will manage to endure current global challenges and achieve a more robust economic expansion of 5.8% this year. Head of the EAC Monetary Affairs Committee G The Governor of the Central Bank…
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The IMF’s Executive Board has authorized a release of $1 billion to Pakistan as part of the Extended Fund Facility (EFF). This step marks an important achievement in the nation’s endeavors to bolster economic stability. This launch comes after Pakistan successfully met key performance indicators associated with the 37-month IMF Extended Fund Facility (EFF)…
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Hyderabad (Telangana), India — On May 10, ANI reported that AIMIM leader Asaduddin Owaisi strongly criticized the International Monetary Fund (IMF) for approving a $1 billion loan to Pakistan, highlighting concerns over the country’s history of supporting terrorism. Regarding the recently approved $1 billion IMF loan to Pakistan, Owaisi referred to it as “a…
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New Delhi [India], May 10 (ANI): The Services Export Promotion Council ( SEPC ) in partnership with the Indian Society of Law Firms (SILF) and the National Association of IndianLegalProfessionals ( INALP ), on Saturday successfully organized the International Legal Conference 2025 on the theme “India’s Legal and Regulatory Framework: Navigating International Trade Opportunities.”…
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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New Delhi [ India On May 10 (ANI), the recently finalized restricted trade agreements between the United States and the United Kingdom provide insights into the type of trade arrangements that Washington might seek to establish moving forward. India , the Global Trade Research Initiative (GTRI) GTRI ) said, cautioning the India n negotiators.…
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Srinagar (Jammu and Kashmir) India On May 10 (ANI), the Jammu and Kashmir Chief Minister said: Omar Abdullah criticized the ruling made by the International Monetary Fund ( IMF ) to proceed with its choice to keep financing Pakistan The Chief Minister of J&K lamented that the reimbursement has not been processed. IMF is…
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On May 8, Prime Minister Dr. Harini Amarasuriya had a meeting with Mr. Ajay Banga, President of the World Bank Group, at her office to talk about Sri Lanka’s key development goals and to continue their strategic partnership. The Prime Minister thanked the World Bank for their assistance during Sri Lanka’s recent financial turmoil…