International
Russia rejected U.S. President Donald Trump’s warning that its economy was close to collapse, calling his assertions unfounded. Trump’s claim of fuel shortages During a Washington speech, Trump had said Russia was suffering from “long lines waiting for gasoline” and predicted its economy would collapse. In response, Deputy Prime Minister Alexander Novak said that domestic
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 […]
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 […]