Thursday, March 15, 2012
A state-owned Chinese bank that had agreed to finance the Pakistani section of a gas pipeline from Iran that is opposed by the United States is no longer interested in the project, a Pakistani finance ministry spokesman said Wednesday.
Monday, February 13, 2012
It makes a change, but Pakistani textiles boss Asghar Hussain is pleased. A year ago, recession, power cuts and poor security forced him to sack most of his workers.
Sunday, November 6, 2011
Pakistan's most troubled foreign relationships have improved in recent months, its top diplomat said on Saturday, pointing to upcoming trade talks with New Delhi and broad agreement on regional security goals with Washington as evidence.1 Comment
Wednesday, June 15, 2011
A Pakistani mother has been forcibly paraded naked through a village after her sons were accused of sleeping with a married neighbor who became pregnant, police said Tuesday.
Tuesday, May 3, 2011
Pakistan is defying mounting Western pressure to end a giant tax dodge with fewer and fewer people contributing to government coffers, spelling dire consequences for a sagging economy.
Monday, August 31, 2009
A sugar crisis in Pakistan has wrong-footed the political leadership as mills owned by lawmakers are blamed for compounding the miseries of Pakistanis and housewives struggling to sweeten the Eid festival.
Monday, May 25, 2009
Growing Islamist violence has crippled the economy in northwest Pakistan, made tens of thousands of people unemployed and exacerbated the poverty that breeds fundamentalism, business leaders say.
Friday, February 27, 2009
The International Monetary Fund Thursday praised Pakistan and noted initial success in stabilizing its crisis-hit economy, in the first review of a US$7.6 billion line of credit.
Wednesday, January 7, 2009
Chronic power cuts in Pakistan threaten millions of jobs and have sparked violent protests, but the government says it will make up the shortfall in electricity with new power plants by the end of the year.
Tuesday, November 25, 2008
Pakistan has won final approval for a $7.6 billion loan from the International Monetary Fund to help the front line state in the campaign against Islamist terrorism stave off possible economic meltdown.