International
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement to unlock $1.2 billion in funding. The package includes $1 billion under the Extended Fund Facility (EFF) and $200 million under the Resilience and Sustainability Facility (RSF). Final disbursement depends on approval by the IMF Executive Board. Economic Signals and Commitments The IMF
International
The U.S. State Department has revoked the visas of six foreign nationals after they allegedly celebrated the assassination of Charlie Kirk on social media. The individuals are from Argentina, Brazil, Germany, Mexico, Paraguay, and South Africa. Reasoning and Enforcement Officials said the posts included comments such as Kirk “deserved to burn in hell” and other […]
Law & Order National
The Enforcement Directorate (ED) has returned ₹175 crore worth of assets to 213 homebuyers in Udaipur, Rajasthan. The assets include 354 residential flats, 17 commercial units, and 2 plots from the stalled Royal Rajvilas project. These properties had earlier been attached under the Prevention of Money Laundering Act (PMLA). Legal and Procedural Background The attached […]
International
U.S. President Donald Trump has alleged that the BRICS grouping was created to undermine the U.S. dollar, calling it “an attack on the dollar.” He said his administration responded by warning of tariffs on BRICS members if they attempted to reduce reliance on the U.S. currency. Claims of Members Dropping Out Trump also claimed that […]