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	<title>International Archives - The Financial Daily</title>
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	<description>Business News &#124; Exchange Rates&#124;  Financial News</description>
	<lastBuildDate>Mon, 28 Sep 2026 13:57:23 +0000</lastBuildDate>
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	<title>International Archives - The Financial Daily</title>
	<link>https://thefinancialdaily.com/category/international/</link>
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		<title>Iran Will Shape West Asia’s Security Future as US Exits, Says Top Adviser</title>
		<link>https://thefinancialdaily.com/iran-west-asia-security-hormuz-strategic-leverage-safavi/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Mon, 28 Sep 2026 13:57:23 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=89056</guid>

					<description><![CDATA[<p>TEHRAN: Major General Yahya Rahim Safavi, a senior military adviser to Iran’s Supreme Leader Ayatollah Seyyed Mojtaba Khamenei, has said Tehran expects to play a leading role in shaping West Asia’s future security order, arguing that the United States will not be able to maintain its regional presence indefinitely. Speaking at a ceremony marking Sacred [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/iran-west-asia-security-hormuz-strategic-leverage-safavi/">Iran Will Shape West Asia’s Security Future as US Exits, Says Top Adviser</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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<p><strong>TEHRAN:</strong> Major General Yahya Rahim Safavi, a senior military adviser to Iran’s Supreme Leader Ayatollah Seyyed Mojtaba Khamenei, has said Tehran expects to play a leading role in shaping West Asia’s future security order, arguing that the United States will not be able to maintain its regional presence indefinitely.</p>
<p>Speaking at a ceremony marking Sacred Defense Week on Sunday, Safavi said Washington had spent hundreds of billions of dollars in the region without achieving its strategic objectives. He expressed hope that regional countries could establish lasting peace through cooperation without relying on a US presence.</p>
<h2>Hormuz a Powerful Strategic Lever</h2>
<p>Safavi placed particular emphasis on the Strait of Hormuz, describing the strategic waterway as one of Iran’s most important sources of geopolitical leverage.</p>
<p>He said a significant share of global oil and gas supplies passes through West Asia and the Strait of Hormuz, giving developments in the waterway potentially far-reaching consequences for international energy markets.</p>
<p>Safavi claimed Iran’s management of the strait had helped counter US maritime pressure and affected energy production and exports from several Gulf countries, including Saudi Arabia and Qatar. He described Hormuz as a strategic instrument “more dangerous than a nuclear weapon.”</p>
<p>His remarks come amid severe disruption to commercial shipping through the waterway. Independent reporting cited by GlobalSecurity said maritime traffic through Hormuz had fallen sharply from pre-crisis levels in September.</p>
<p>Tehran Signals Readiness for Further Conflict</p>
<p>Safavi also reiterated that Iran’s armed forces remained prepared for the possibility of renewed military confrontation.</p>
<p>In separate remarks last week, he warned that another US attack could broaden the geographical scope of the conflict beyond the Persian Gulf and Red Sea and potentially towards the Indian Ocean.</p>
<p>He maintained that Iran had withstood previous military pressure and said national unity, government policy and military preparedness would be important in preventing another escalation.</p>
<p>Safavi also highlighted the strategic importance of the Bab al-Mandab Strait, linking developments there to the wider balance of power in the region. His comments reflect Tehran’s view of Hormuz and Bab al-Mandab as central to the evolving regional security environment.</p>
<h2>Tehran Pushes Regional Security Model</h2>
<p>Safavi’s remarks also underscored Iran’s preference for a security framework centred on regional states rather than Washington.</p>
<p>Recent reports indicate that Safavi has argued that any regional security arrangement should rest principally on cooperation between Iran and Gulf countries. At the same time, diplomatic contacts between Tehran and Washington have continued amid disagreements over the Strait of Hormuz, sanctions and the wider conflict</p>
<p>The comments come as control of strategic waterways, energy security and the future US military presence remain central issues in the evolving confrontation between Washington and Tehran.</p>
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<p>The post <a href="https://thefinancialdaily.com/iran-west-asia-security-hormuz-strategic-leverage-safavi/">Iran Will Shape West Asia’s Security Future as US Exits, Says Top Adviser</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>At Least Seven Killed as UPS Cargo Plane Crashes Near Louisville Airport</title>
		<link>https://thefinancialdaily.com/ups-plane-crash-louisville-seven-dead-investigation-underway/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Wed, 05 Nov 2025 07:22:56 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Latest News]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=85415</guid>

					<description><![CDATA[<p>LOUISVILLE, Kentucky: At least seven people were killed and several others injured after a UPS cargo aircraft crashed into an industrial area shortly after taking off from Louisville Muhammad Ali International Airport on Tuesday evening, bursting into flames and igniting nearby buildings. The Federal Aviation Administration (FAA) said the McDonnell Douglas MD-11, operating as UPS [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/ups-plane-crash-louisville-seven-dead-investigation-underway/">At Least Seven Killed as UPS Cargo Plane Crashes Near Louisville Airport</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p data-start="78" data-end="367">LOUISVILLE, Kentucky: At least seven people were killed and several others injured after a UPS cargo aircraft crashed into an industrial area shortly after taking off from Louisville Muhammad Ali International Airport on Tuesday evening, bursting into flames and igniting nearby buildings.</p>
<p data-start="369" data-end="648">The Federal Aviation Administration (FAA) said the McDonnell Douglas MD-11, operating as UPS Flight 2976 and bound for Honolulu, crashed around 5:15 p.m. local time (2215 GMT). The aircraft had three crew members on board, all feared dead, according to UPS and federal officials.</p>
<p data-start="650" data-end="995">Local media footage showed the plane ascending with one wing ablaze before plunging to the ground, triggering a massive explosion. Thick black smoke billowed from burning warehouses and offices near the airport. Louisville authorities issued a shelter-in-place order for residents within a five-mile radius as emergency crews battled the flames.</p>
<p data-start="997" data-end="1163">Mayor Craig Greenberg confirmed multiple injuries and urged residents to stay clear of the area, noting significant road closures and ongoing firefighting operations.</p>
<p data-start="1165" data-end="1453">According to FAA records, the 34-year-old MD-11 had been in service since 1990 and joined the UPS fleet in 2006. Boeing, which inherited the model after merging with McDonnell Douglas, said it would provide technical assistance in the investigation and expressed concern for all affected.</p>
<p data-start="1455" data-end="1798">Data from Flightradar24 showed the aircraft climbed to just 175 feet and reached a speed of 184 knots before descending sharply. The National Transportation Safety Board (NTSB) has launched an investigation, with a team en route to Louisville. Such probes typically take 12 to 24 months to determine the cause and issue safety recommendations.</p>
<p data-start="1800" data-end="2048">Louisville’s airport, home to UPS’s massive Worldport global logistics hub, was temporarily closed following the crash, raising concerns about potential disruptions to major delivery networks, including Amazon, Walmart, and the U.S. Postal Service.</p>
<p>The post <a href="https://thefinancialdaily.com/ups-plane-crash-louisville-seven-dead-investigation-underway/">At Least Seven Killed as UPS Cargo Plane Crashes Near Louisville Airport</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Watchdog Flags $279 B in Federal Contracts Linked to Trump Ballroom Donors</title>
		<link>https://thefinancialdaily.com/watchdog-links-trump-ballroom-donors-to-279b-federal-contracts/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Tue, 04 Nov 2025 09:41:06 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=85379</guid>

					<description><![CDATA[<p>A recent watchdog report has revealed that many of the donors supporting the construction of Donald Trump’s new White House ballroom are companies and individuals with significant financial ties to the federal government — collectively holding contracts worth around $279 billion over the past five years. According to the findings, more than half of these [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/watchdog-links-trump-ballroom-donors-to-279b-federal-contracts/">Watchdog Flags $279 B in Federal Contracts Linked to Trump Ballroom Donors</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p data-start="84" data-end="399">A recent watchdog report has revealed that many of the donors supporting the construction of <strong data-start="177" data-end="220">Donald Trump’s new White House ballroom</strong> are companies and individuals with significant financial ties to the federal government — collectively holding contracts worth around <strong data-start="355" data-end="371">$279 billion</strong> over the past five years.</p>
<p data-start="401" data-end="811">According to the findings, more than half of these firms are either currently under investigation or have faced enforcement actions for <strong data-start="537" data-end="601">labour violations, consumer fraud, or environmental breaches</strong>. The donor list reportedly includes major technology and defense contractors, among them leading firms in aerospace, energy, and digital infrastructure — all with extensive dealings with the U.S. government.</p>
<p data-start="813" data-end="1125">Critics have warned that the overlap between <strong data-start="858" data-end="900">federal contractors and private donors</strong> raises potential <strong data-start="918" data-end="970">conflict-of-interest and “pay-for-play” concerns</strong>, suggesting that corporations doing business with the administration could be seeking favour through contributions to the President’s personal projects.</p>
<p data-start="1127" data-end="1340">However, the White House has defended the initiative, arguing that the ballroom is being financed through <strong data-start="1233" data-end="1285">private contributions rather than taxpayer funds</strong>, framing it as a cost-saving measure for the public.</p>
<p data-start="1342" data-end="1697">The ballroom project, estimated at <strong data-start="1377" data-end="1393">$250 million</strong>, has drawn attention not only for its high-profile donor base but also for what observers see as the increasingly blurred line between <strong data-start="1529" data-end="1570">public office and private fundraising</strong>. The development has sparked renewed debate over ethics, transparency, and accountability within the current administration.</p>
<p>The post <a href="https://thefinancialdaily.com/watchdog-links-trump-ballroom-donors-to-279b-federal-contracts/">Watchdog Flags $279 B in Federal Contracts Linked to Trump Ballroom Donors</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Trump Signals Reluctance to Fund NYC if Left-wing Candidate Wins Mayor’s Race</title>
		<link>https://thefinancialdaily.com/trump-threatens-funding-cut-for-nyc-if-mamdani-wins-mayor/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Tue, 04 Nov 2025 09:38:59 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=85376</guid>

					<description><![CDATA[<p>Former President Donald Trump has publicly declared he may withhold more than the minimum federal funding from New York City if progressive candidate Zohran Mamdani wins the upcoming mayoral election. Trump endorsed former Governor Andrew Cuomo—who is now running as an independent—directly urging voters not to support Mamdani, whom he labelled a “communist.” In a [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/trump-threatens-funding-cut-for-nyc-if-mamdani-wins-mayor/">Trump Signals Reluctance to Fund NYC if Left-wing Candidate Wins Mayor’s Race</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p data-start="133" data-end="419">Former President Donald Trump has publicly declared he may withhold more than the minimum federal funding from New York City if progressive candidate Zohran Mamdani wins the upcoming mayoral election.</p>
<p data-start="421" data-end="739">Trump endorsed former Governor Andrew Cuomo—who is now running as an independent—directly urging voters not to support Mamdani, whom he labelled a “communist.” In a post on his social media platform, Trump said, “A vote for Curtis Sliwa … is a vote for Mamdani,” signalling he would prefer Cuomo over both opponents.</p>
<p data-start="741" data-end="1087">He stated: “It is highly unlikely that I will be contributing federal funds, other than the very minimum as required,” if Mamdani becomes mayor. The former president, who grew up in Queens and still holds property in New York, described it as being “hard for me … to give a lot of money to New York” under the condition of Mamdani’s leadership.</p>
<p data-start="1089" data-end="1336">Mamdani, a 34-year-old state assemblyman who would become the city’s first Muslim mayor and youngest in over a century if elected, rejected the “communist” label and said Trump’s remarks constituted a threat—not grounded in law—to limit funding.</p>
<p data-start="1338" data-end="1573">Cuomo, meanwhile, framed his candidacy as the only experienced option able to deal with the federal government. He recalled his battles with Trump during the pandemic, saying: “When I’m fighting for New York, I am not going to stop.”</p>
<p data-start="1575" data-end="1881">The implications of Trump’s remarks extend beyond this mayoral race: they reflect broader patterns in his political strategy of linking federal funding decisions to state and local governments based on political alignment, raising concerns over the interplay of fiscal policy and partisan considerations.</p>
<p>The post <a href="https://thefinancialdaily.com/trump-threatens-funding-cut-for-nyc-if-mamdani-wins-mayor/">Trump Signals Reluctance to Fund NYC if Left-wing Candidate Wins Mayor’s Race</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>New Rules Spark Legal Challenge to Public Service Loan Forgiveness Program</title>
		<link>https://thefinancialdaily.com/new-rules-spark-legal-challenge-to-public-service-loan-forgiveness-program/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Tue, 04 Nov 2025 09:37:12 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=85373</guid>

					<description><![CDATA[<p>Two major lawsuits have been filed against the U.S. Department of Education’s new rule that changes eligibility for the Public Service Loan Forgiveness (PSLF) program, which was created to forgive student loans for government and nonprofit workers after ten years of qualifying payments. Under the revised rule introduced by the Trump administration, an employer — [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/new-rules-spark-legal-challenge-to-public-service-loan-forgiveness-program/">New Rules Spark Legal Challenge to Public Service Loan Forgiveness Program</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p data-start="82" data-end="371">Two major lawsuits have been filed against the U.S. Department of Education’s new rule that changes eligibility for the Public Service Loan Forgiveness (PSLF) program, which was created to forgive student loans for government and nonprofit workers after ten years of qualifying payments.</p>
<p data-start="373" data-end="759">Under the revised rule introduced by the Trump administration, an employer — not just an individual borrower — can now be disqualified from the program if it is deemed to have a “substantial illegal purpose.” Examples cited include employers alleged to assist undocumented immigrants, provide gender-transition care to minors, or engage in diversity, equity, and inclusion (DEI) work.</p>
<p data-start="761" data-end="928">If an employer loses eligibility, its employees will remain responsible for their student loans, and their previous payments will no longer count toward forgiveness.</p>
<hr data-start="930" data-end="933" />
<p data-start="935" data-end="960"><strong data-start="935" data-end="958">Who’s Suing and Why</strong></p>
<p data-start="962" data-end="1363">A coalition of 22 state attorneys general filed one lawsuit, arguing that the rule is politically motivated, arbitrary, and exceeds the Education Department’s legal authority. Another lawsuit, brought by a group of nonprofits, cities, and labor unions, claims the policy violates the program’s intent and the First Amendment by discouraging public-service employment and restricting free expression.</p>
<hr data-start="1365" data-end="1368" />
<p data-start="1370" data-end="1396"><strong data-start="1370" data-end="1394">Government’s Defense</strong></p>
<p data-start="1398" data-end="1680">The Education Department defended the rule as a commonsense measure to prevent taxpayer funds from benefiting organizations suspected of illegal or unethical activity. Officials said the regulation is meant to ensure accountability and is scheduled to take effect on July 1, 2026.</p>
<hr data-start="1682" data-end="1685" />
<p data-start="1687" data-end="1719"><strong data-start="1687" data-end="1717">Implications and Reactions</strong></p>
<p data-start="1721" data-end="2025">Critics argue that the rule undermines the original purpose of the PSLF program, which was designed to encourage professionals to work in public service through loan forgiveness incentives. They warn it could deter teachers, healthcare workers, and nonprofit employees from serving communities in need.</p>
<p data-start="2027" data-end="2219">Supporters of the new rule, however, contend that it reinforces fiscal responsibility and ensures that loan forgiveness benefits only organizations aligned with lawful and ethical practices.</p>
<hr data-start="2221" data-end="2224" />
<p data-start="2226" data-end="2243"><strong data-start="2226" data-end="2241">What’s Next</strong></p>
<p data-start="2245" data-end="2518" data-is-last-node="" data-is-only-node="">The lawsuits aim to block the rule before its implementation. If successful, the changes could be delayed or overturned entirely. Until a final court decision is made, many public-service workers remain uncertain about their future eligibility for student loan forgiveness.</p>
<p>The post <a href="https://thefinancialdaily.com/new-rules-spark-legal-challenge-to-public-service-loan-forgiveness-program/">New Rules Spark Legal Challenge to Public Service Loan Forgiveness Program</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Trump Thanks PM Shehbaz, COAS Asim Munir for Key Role in Gaza Ceasefire</title>
		<link>https://thefinancialdaily.com/trump-thanks-pm-shehbaz-coas-asim-munir-for-key-role-in-gaza-ceasefire/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Tue, 14 Oct 2025 07:56:06 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Latest News]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=84880</guid>

					<description><![CDATA[<p>KARACHI: US President Donald Trump on Monday expressed special gratitude to Shehbaz Sharif, Prime Minister of Pakistan, and Asim Munir, Pakistan’s Field Marshal, for their “crucial contributions” in securing a ceasefire in Gaza. Trump’s remarks came during a high-profile ceremony following the signing of a Gaza ceasefire agreement between Israel and Hamas at the Sharm [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/trump-thanks-pm-shehbaz-coas-asim-munir-for-key-role-in-gaza-ceasefire/">Trump Thanks PM Shehbaz, COAS Asim Munir for Key Role in Gaza Ceasefire</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p data-start="239" data-end="556">KARACHI: US President <strong data-start="261" data-end="302"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Donald Trump</span></span></strong> on Monday expressed special gratitude to <strong data-start="344" data-end="385"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Shehbaz Sharif</span></span></strong>, Prime Minister of Pakistan, and <strong data-start="419" data-end="460"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Asim Munir</span></span></strong>, Pakistan’s Field Marshal, for their “crucial contributions” in securing a ceasefire in Gaza.</p>
<p data-start="558" data-end="785">Trump’s remarks came during a high-profile ceremony following the signing of a <strong data-start="637" data-end="665">Gaza ceasefire agreement</strong> between Israel and <strong data-start="685" data-end="726"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Hamas</span></span></strong> at the <strong data-start="734" data-end="775"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Sharm el-Sheikh Peace Summit</span></span></strong> in Egypt.</p>
<hr data-start="787" data-end="790" />
<h3 data-start="792" data-end="845"><strong data-start="796" data-end="845">Trump Acknowledges Pakistan’s Diplomatic Role</strong></h3>
<p data-start="847" data-end="1044">Speaking to world leaders gathered at the summit, Trump referred to the Pakistani army chief as “my favourite” and highlighted Pakistan’s constructive engagement in supporting peace negotiations.</p>
<p data-start="1046" data-end="1191">He also extended a formal invitation to PM Shehbaz to address the ceremony, acknowledging Pakistan’s diplomatic role in helping end the conflict.</p>
<blockquote data-start="1193" data-end="1333">
<p data-start="1195" data-end="1333">“Prime Minister Shehbaz Sharif and Field Marshal Asim Munir have played an important role in advancing peace efforts in Gaza,” Trump said.</p>
</blockquote>
<hr data-start="1335" data-end="1338" />
<h3 data-start="1340" data-end="1385"><strong data-start="1344" data-end="1385">PM Shehbaz: ‘Trump is a Man of Peace’</strong></h3>
<p data-start="1387" data-end="1673">Taking the podium, PM Shehbaz hailed Trump’s leadership in brokering the ceasefire, calling him “a man of peace.” He praised the relentless efforts of the U.S. president and other regional leaders in achieving what he described as <strong data-start="1618" data-end="1673">“one of the greatest days in contemporary history.”</strong></p>
<blockquote data-start="1675" data-end="2000">
<p data-start="1677" data-end="2000">“President Trump has worked day and night to make this world a place of peace and prosperity,” Shehbaz said. “Pakistan had earlier nominated President Trump for the Nobel Peace Prize for stopping war between India and Pakistan, and today I again nominate him for his extraordinary contributions to achieving peace in Gaza.”</p>
</blockquote>
<p data-start="2002" data-end="2151">The prime minister lauded Trump for helping prevent escalation between two nuclear powers and for his decisive role in the Middle East peace efforts.</p>
<hr data-start="2153" data-end="2156" />
<h3 data-start="2158" data-end="2204"><strong data-start="2162" data-end="2204">‘The World Will Remember You,’ PM Says</strong></h3>
<p data-start="2206" data-end="2293">Shehbaz went on to salute Trump for his “exemplary and visionary leadership,” adding:</p>
<blockquote data-start="2295" data-end="2474">
<p data-start="2297" data-end="2474">“You are the man this world needed the most at this point in time. The world will always remember you as the man who went out of the way to stop seven — and today eight — wars.”</p>
</blockquote>
<p data-start="2476" data-end="2729">He also acknowledged the contributions of <strong data-start="2518" data-end="2559"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Tamim bin Hamad Al Thani</span></span></strong>, the Emir of Qatar; Turkish, Saudi, and Emirati leadership; and <strong data-start="2624" data-end="2665"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Abdel Fattah el-Sisi</span></span></strong>, President of Egypt, for their roles in ensuring the ceasefire.</p>
<hr data-start="2731" data-end="2734" />
<h3 data-start="2736" data-end="2766"><strong data-start="2740" data-end="2766">A Diplomatic Milestone</strong></h3>
<p data-start="2768" data-end="3064">The Gaza ceasefire, brokered with the involvement of multiple regional players, is being viewed as a <strong data-start="2869" data-end="2905">critical diplomatic breakthrough</strong> aimed at halting months of devastating violence. Analysts say Pakistan’s engagement in mediation underscores its evolving role in international peacebuilding.</p>
<p>The post <a href="https://thefinancialdaily.com/trump-thanks-pm-shehbaz-coas-asim-munir-for-key-role-in-gaza-ceasefire/">Trump Thanks PM Shehbaz, COAS Asim Munir for Key Role in Gaza Ceasefire</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>India’s Crackdown on ‘I Love Muhammad’ Slogan Sparks Anger, Arrests, and Bulldozing of Muslim Homes</title>
		<link>https://thefinancialdaily.com/indias-crackdown-on-i-love-muhammad-slogan-sparks-anger-arrests-and-bulldozing-of-muslim-homes/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Tue, 14 Oct 2025 07:32:54 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Latest News]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=84874</guid>

					<description><![CDATA[<p>NEW DELHI: More than 2,500 people have been charged across India after writing or displaying the slogan “I Love Muhammad”, a reference to the Prophet Muhammad, triggering a nationwide debate over religious freedom and state suppression. The crackdown — concentrated in states ruled by Prime Minister Narendra Modi’s Hindu nationalist Bharatiya Janata Party (BJP) — [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/indias-crackdown-on-i-love-muhammad-slogan-sparks-anger-arrests-and-bulldozing-of-muslim-homes/">India’s Crackdown on ‘I Love Muhammad’ Slogan Sparks Anger, Arrests, and Bulldozing of Muslim Homes</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="276" data-end="522">NEW DELHI: More than 2,500 people have been charged across India after writing or displaying the slogan <strong data-start="380" data-end="401">“I Love Muhammad”</strong>, a reference to the Prophet Muhammad, triggering a nationwide debate over <strong data-start="476" data-end="519">religious freedom and state suppression</strong>.</p>
<p data-start="524" data-end="776">The crackdown — concentrated in states ruled by Prime Minister <strong data-start="587" data-end="630"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Narendra Modi</span></span>’s</strong> Hindu nationalist <strong data-start="649" data-end="696"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Bharatiya Janata Party</span></span> (BJP)</strong> — has led to <strong data-start="710" data-end="775">dozens of arrests, house demolitions, and widespread protests</strong>.</p>
<p data-start="778" data-end="934">Authorities allege that the slogan threatens “public order,” but rights groups argue it’s a <strong data-start="870" data-end="902">peaceful expression of faith</strong> being selectively criminalised.</p>
<hr data-start="936" data-end="939" />
<h3 data-start="941" data-end="976"><strong data-start="945" data-end="976">The Origin of the Crackdown</strong></h3>
<p data-start="978" data-end="1173">The controversy began on <strong data-start="1003" data-end="1018">September 4</strong> in <strong data-start="1022" data-end="1063"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Kanpur</span></span></strong>, Uttar Pradesh, during celebrations of <strong data-start="1103" data-end="1127">Eid al-Milad al-Nabi</strong>, which marks the birth of Prophet Muhammad.</p>
<p data-start="1175" data-end="1414">A local Muslim neighborhood installed an illuminated board reading “I Love Muhammad,” modeled after the famous “I Love New York” design. Some Hindu residents objected, claiming it violated state rules on introducing new religious displays.</p>
<p data-start="1416" data-end="1579">The police escalated the situation by charging more than two dozen Muslims with <strong data-start="1496" data-end="1526">promoting religious enmity</strong>—a serious offense carrying up to five years in jail.</p>
<p data-start="1581" data-end="1989">Protests quickly spread to other states, including <strong data-start="1632" data-end="1673"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Telangana</span></span></strong>, <strong data-start="1675" data-end="1716"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Gujarat</span></span></strong>, <strong data-start="1718" data-end="1759"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Maharashtra</span></span></strong>, <strong data-start="1761" data-end="1802"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Uttarakhand</span></span></strong>, and <strong data-start="1808" data-end="1849"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Jammu and Kashmir</span></span></strong>. T-shirts, posters, and social media posts with the “I Love Muhammad” message appeared across the country as a form of peaceful resistance.</p>
<hr data-start="1991" data-end="1994" />
<h3 data-start="1996" data-end="2041"><strong data-start="2000" data-end="2041">Police Raids, Arrests, and Bulldozers</strong></h3>
<p data-start="2043" data-end="2450">In <strong data-start="2046" data-end="2058">Bareilly</strong>, Uttar Pradesh — roughly 270km from Kanpur — a protest led by Imam <strong data-start="2126" data-end="2167"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Tauqeer Raza</span></span></strong> on September 26 turned violent. Police responded with mass arrests, detaining 75 people, including the imam and his relatives. Authorities then <strong data-start="2312" data-end="2370">bulldozed at least four homes belonging to the accused</strong>, continuing a pattern of <strong data-start="2396" data-end="2449">punitive demolitions targeting Muslim communities</strong>.</p>
<p data-start="2452" data-end="2773">Such demolitions, often carried out without court orders or prior notice, have been criticised by India’s <strong data-start="2558" data-end="2599"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Supreme Court of India</span></span></strong>, which has stated that demolitions cannot be used as a form of extra-legal punishment. Despite this, activists say the practice continues unchecked in many BJP-ruled states.</p>
<p data-start="2775" data-end="2906">Meanwhile, arrests have been reported in other states, including Gujarat, for nothing more than posting the slogan on social media.</p>
<hr data-start="2908" data-end="2911" />
<h3 data-start="2913" data-end="2966"><strong data-start="2917" data-end="2966">Is Saying ‘I Love Muhammad’ Illegal in India?</strong></h3>
<p data-start="2968" data-end="3193">India’s <strong data-start="2976" data-end="3019"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Constitution of India</span></span></strong> guarantees both <strong data-start="3036" data-end="3072">freedom of religion (Article 25)</strong> and <strong data-start="3077" data-end="3117">freedom of speech (Article 19(1)(a))</strong>. Legal experts say <strong data-start="3137" data-end="3193">no law criminalizes the statement “I Love Muhammad.”</strong></p>
<p data-start="3195" data-end="3387">However, police have used <strong data-start="3221" data-end="3263">public order and incitement provisions</strong> to prosecute those displaying the slogan, a tactic human rights groups call <strong data-start="3340" data-end="3387">“legally flimsy but politically motivated.”</strong></p>
<p data-start="3389" data-end="3617">Nadeem Khan of the <strong data-start="3408" data-end="3458"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Association for Protection of Civil Rights</span></span> (APCR)</strong> told <strong data-start="3464" data-end="3507"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Al Jazeera</span></span></strong> that authorities are deliberately targeting those who <strong data-start="3562" data-end="3579">use or defend</strong> the slogan — not the slogan itself.</p>
<blockquote data-start="3619" data-end="3749">
<p data-start="3621" data-end="3749">“They know there is no law criminalising ‘I Love Muhammad’,” Khan said. “The government cannot selectively criminalise a faith.”</p>
</blockquote>
<hr data-start="3751" data-end="3754" />
<h3 data-start="3756" data-end="3782"><strong data-start="3760" data-end="3782">Human Rights Alarm</strong></h3>
<p data-start="3784" data-end="3970"><strong data-start="3784" data-end="3827"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Amnesty International India</span></span></strong> chair <strong data-start="3834" data-end="3877"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Aakar Patel</span></span></strong> warned that the crackdown violates India’s legal and international human rights obligations.</p>
<blockquote data-start="3972" data-end="4273">
<p data-start="3974" data-end="4273">“Targeting people for slogans such as ‘I Love Muhammad’, which is peaceful and devoid of any incitement, does not meet the threshold for criminal restriction under Indian or international law,” Patel said.<br data-start="4179" data-end="4182" />“The role of the state is to safeguard rights equally, not police expressions of belief.”</p>
</blockquote>
<hr data-start="4275" data-end="4278" />
<h3 data-start="4280" data-end="4318"><strong data-start="4284" data-end="4318">A Pattern of Targeting Muslims</strong></h3>
<p data-start="4320" data-end="4526">Critics say this is part of a broader <strong data-start="4358" data-end="4401">pattern of marginalising Indian Muslims</strong> under Modi’s government. Hate speech incidents have <strong data-start="4454" data-end="4467">risen 74%</strong> in just one year, with most occurring in BJP-ruled states.</p>
<p data-start="4528" data-end="4682">Local disputes between Hindu and Muslim communities are increasingly turning into national flashpoints, amplified by partisan media and online networks.</p>
<p data-start="4684" data-end="4914">In Modi’s own constituency of <strong data-start="4714" data-end="4757"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Varanasi</span></span></strong>, BJP leaders responded to the Kanpur episode by putting up posters reading <strong data-start="4833" data-end="4855">“I Love Bulldozer”</strong> — a taunting reference to the destruction of Muslim homes.</p>
<hr data-start="4916" data-end="4919" />
<h3 data-start="4921" data-end="4952"><strong data-start="4925" data-end="4952">Impact on Young Muslims</strong></h3>
<p data-start="4954" data-end="5177">Many of those arrested are <strong data-start="4981" data-end="4998">young Muslims</strong>, some detained for <strong data-start="5018" data-end="5055">wearing t-shirts or sharing posts</strong> with the slogan. Analysts warn that this climate of fear and surveillance is <strong data-start="5133" data-end="5157">deepening alienation</strong> among Muslim youth.</p>
<blockquote data-start="5179" data-end="5381">
<p data-start="5181" data-end="5381">“In theory, everyone is already guilty and can face action for just being,” political analyst <strong data-start="5275" data-end="5318"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Asim Ali</span></span></strong> told Al Jazeera. “The tempo of hate is increasing day by day.”</p>
</blockquote>
<p data-start="5383" data-end="5524">Rasheed Kidwai, another analyst, noted that the row is <strong data-start="5438" data-end="5476">“overtly political, not religious”</strong>, reflecting broader identity tensions in India.</p>
<hr data-start="5526" data-end="5529" />
<h3 data-start="5531" data-end="5567"><strong data-start="5535" data-end="5567">A Constitutional Stress Test</strong></h3>
<p data-start="5569" data-end="5846">The “I Love Muhammad” crackdown has become a test of India’s constitutional commitments to <strong data-start="5660" data-end="5698">freedom of religion and expression</strong>. Rights groups warn that <strong data-start="5724" data-end="5757">selective enforcement of laws</strong> based on identity could <strong data-start="5782" data-end="5812">undermine democratic norms</strong> in the world’s largest democracy.</p>
<p data-start="5569" data-end="5846">
<p data-start="5569" data-end="5846">The story is a re-written version from <a href="https://www.aljazeera.com/">Al Jazeera </a></p>
<p>The post <a href="https://thefinancialdaily.com/indias-crackdown-on-i-love-muhammad-slogan-sparks-anger-arrests-and-bulldozing-of-muslim-homes/">India’s Crackdown on ‘I Love Muhammad’ Slogan Sparks Anger, Arrests, and Bulldozing of Muslim Homes</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Khawaja Asif rebuts Elon Musk’s post linking Pakistan case to Sharia law</title>
		<link>https://thefinancialdaily.com/khawaja-asif-rebuts-elon-musks-post-linking-pakistan-case-to-sharia-law/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Wed, 27 Aug 2025 09:01:34 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=83716</guid>

					<description><![CDATA[<p>Defence Minister Khawaja Asif has rejected Tesla CEO Elon Musk’s claims after he shared a post on X linking an old ‘revenge rape’ case in Pakistan to Sharia law. The incident, which occurred in 2018 in Toba Tek Singh, involved a tribal decision allowing the rape of an accused man’s sister as retaliation. Musk’s post, [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/khawaja-asif-rebuts-elon-musks-post-linking-pakistan-case-to-sharia-law/">Khawaja Asif rebuts Elon Musk’s post linking Pakistan case to Sharia law</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p data-start="173" data-end="336">Defence Minister Khawaja Asif has rejected Tesla CEO Elon Musk’s claims after he shared a post on X linking an old ‘revenge rape’ case in Pakistan to Sharia law.</p>
<p data-start="338" data-end="616">The incident, which occurred in 2018 in Toba Tek Singh, involved a tribal decision allowing the rape of an accused man’s sister as retaliation. Musk’s post, though shared without comment, was widely interpreted as an attempt to portray the act as sanctioned under Islamic law.</p>
<p data-start="618" data-end="764">The post drew sharp criticism online, with many pointing out that such practices stem from unlawful tribal customs, not Sharia or Pakistani law.</p>
<p data-start="766" data-end="800">Responding on X, Asif clarified:</p>
<blockquote data-start="801" data-end="944">
<p data-start="803" data-end="944">“It was a tribal arrangement, nothing to do with Sharia law or councils, absolutely incorrect. Twenty people were arrested and prosecuted.”</p>
</blockquote>
<p data-start="946" data-end="1205">According to reports, the case began when a man raped a woman in Pirmahal. After the victim’s family rejected forgiveness pleas, they demanded the accused’s sister be assaulted in return. Both families agreed to the arrangement, bypassing legal authorities.</p>
<p data-start="1207" data-end="1356">Once the matter came to light, police intervened, arrested several people involved — including women from both families — and pursued prosecutions.</p>
<p>The post <a href="https://thefinancialdaily.com/khawaja-asif-rebuts-elon-musks-post-linking-pakistan-case-to-sharia-law/">Khawaja Asif rebuts Elon Musk’s post linking Pakistan case to Sharia law</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Iran confirms fresh nuclear talks with European powers on Friday</title>
		<link>https://thefinancialdaily.com/iran-confirms-fresh-nuclear-talks-with-european-powers-on-friday/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Mon, 21 Jul 2025 08:05:24 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=82800</guid>

					<description><![CDATA[<p>BERLIN: Iran confirmed fresh talks with European powers to be held on Friday in Istanbul, the country’s state media reported, the first since the United States attacked Iranian nuclear facilities a month ago. Iranian diplomats will meet counterparts from Britain, France and Germany, known as the E3, after the trio warned that sanctions could be [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/iran-confirms-fresh-nuclear-talks-with-european-powers-on-friday/">Iran confirms fresh nuclear talks with European powers on Friday</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p>BERLIN: Iran confirmed fresh talks with European powers to be held on Friday in Istanbul, the country’s state media reported, the first since the United States attacked Iranian nuclear facilities a month ago.</p>
<p>Iranian diplomats will meet counterparts from Britain, France and Germany, known as the E3, after the trio warned that sanctions could be reimposed on Tehran if it does not return to the negotiating table over its nuclear programme.</p>
<p>Western nations and Israel have long accused Iran of seeking to develop nuclear weapons, a charge Tehran has consistently denied.</p>
<p>“In response to the request of European countries, Iran has agreed to hold a new round of talks,” said foreign ministry spokesperson Esmail Baghai, as quoted by state TV on Monday.</p>
<p>The subject of the talks will be Iran’s nuclear programme, it added.</p>
<p>A German diplomatic source had told AFP on Sunday the E3 were in contact with Tehran and said, “Iran must never be allowed to acquire a nuclear weapon”.</p>
<p>“That is why Germany, France and the United Kingdom are continuing to work intensively in the E3 format to find a sustainable and verifiable diplomatic solution to the Iranian nuclear programme,” the source said.</p>
<p>Israel launched on June 13 a wave of surprise strikes on its regional nemesis, targeting key military and nuclear facilities.</p>
<p>The United States launched its own set of strikes against Iran’s nuclear programme on June 22, hitting the uranium enrichment facility at Fordo, in Qom province south of Tehran, as well as nuclear sites in Isfahan and Natanz.</p>
<p>Kremlin meeting</p>
<p>Iran and the United States had held several rounds of nuclear negotiations through Omani mediators before Israel launched its 12-day war against Iran.</p>
<p>However, US President Donald Trump’s decision to join Israel in striking Iranian nuclear facilities effectively ended the talks.</p>
<p>The E3 countries last met with Iranian representatives in Geneva on June 21 — just one day before the US strikes.</p>
<p>Also Sunday, Russian President Vladimir Putin held a surprise meeting in the Kremlin with Ali Larijani, top adviser to Iran’s supreme leader on nuclear issues.</p>
<p>Larijani “conveyed assessments of the escalating situation in the Middle East and around the Iranian nuclear programme”, Kremlin spokesman Dmitry Peskov said of the unannounced meeting.</p>
<p>Putin had expressed Russia’s “well-known positions on how to stabilise the situation in the region and on the political settlement of the Iranian nuclear programme”, he added.</p>
<p>Moscow has a cordial relationship with Iran’s clerical leadership and provides crucial backing for Tehran but did not swing forcefully behind its partner even after the United States joined Israel’s bombing campaign.</p>
<p>Snapback mechanism</p>
<p>Iran and world powers struck a deal in 2015 called the Joint Comprehensive Plan of Action (JCPOA), which placed significant restrictions on Tehran’s nuclear programme in exchange for sanctions relief.</p>
<p>But the hard-won deal began to unravel in 2018, during Trump’s first presidency, when the United States walked away from it and reimposed sanctions on Iran.</p>
<p>European countries have in recent days threatened to trigger the deal’s “snapback” mechanism, which allows the reimposition of sanctions in the event of non-compliance by Iran.</p>
<p>After a call with his European counterparts on Friday, Iranian Foreign Minister Abbas Araghchi said the Western allies had “absolutely no moral (or) legal grounds” for reactivating the snapback sanctions.</p>
<p>He elaborated in a post to social media Sunday.</p>
<p>“Through their actions and statements, including providing political and material support to the recent unprovoked and illegal military aggression of the Israeli regime and the US… the E3 have relinquished their role as ‘Participants’ in the JCPOA,” said Araghchi.</p>
<p>That made any attempt to reinstate the terminated UN Security Council resolutions “null and void”, he added.</p>
<p>“Iran has shown that it is capable of defeating any delusional ‘dirty work’ but has always been prepared to reciprocate meaningful diplomacy in good faith,” Araghchi wrote.</p>
<p>Ali Velayati, an adviser to supreme leader Ayatollah Ali Khamenei, said last week there would be no new nuclear talks with the United States if they were conditioned on Tehran abandoning its uranium enrichment activities.</p>
<p>The post <a href="https://thefinancialdaily.com/iran-confirms-fresh-nuclear-talks-with-european-powers-on-friday/">Iran confirms fresh nuclear talks with European powers on Friday</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>IMF praises Pakistan for strong performance</title>
		<link>https://thefinancialdaily.com/imf-praises-pakistan-for-strong-performance/</link>
		
		<dc:creator><![CDATA[TFD]]></dc:creator>
		<pubDate>Mon, 14 Jul 2025 06:38:57 +0000</pubDate>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Latest News]]></category>
		<category><![CDATA[no category]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=82575</guid>

					<description><![CDATA[<p>ISLAMABAD: The IMF Resident Representative for Pakistan, Mahir Binici, says Pakistan’s performance under the Extended Fund Facility (EFF) has been “strong so far” and expresses the hope that its economic growth will strengthen this year. Binici delivered a comprehensive guest lecture at the Sustainable Development Policy Institute (SDPI) where he shed light on the evolving [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/imf-praises-pakistan-for-strong-performance/">IMF praises Pakistan for strong performance</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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<div class="whitespace-pre-wrap">ISLAMABAD: The IMF Resident Representative for Pakistan, Mahir Binici, says Pakistan’s performance under the Extended Fund Facility (EFF) has been “strong so far” and expresses the hope that its economic growth will strengthen this year.</div>
<div class="whitespace-pre-wrap">Binici delivered a comprehensive guest lecture at the Sustainable Development Policy Institute (SDPI) where he shed light on the evolving economic landscape across the Mena region and Pakistan.</div>
<div class="whitespace-pre-wrap">He reaffirmed the International Monetary Fund’s continued support for Pakistan’s economic and climate reform agenda. Addressing economists, researchers and policy experts, Binici said the growth across the Middle East, North Africa (MENA) region and Pakistan was expected to strengthen in 2025 and beyond.</div>
<div class="whitespace-pre-wrap">However, he cautioned that elevated trade tensions, geopolitical fragmentation and weakening global cooperation continued to generate exceptional uncertainty and weigh on the global economic outlook, underlining the urgent need for prudent and forward-looking policy actions.</div>
<div class="whitespace-pre-wrap">Focusing on Pakistan, Binici said the country’s performance under the EFF had been “strong so far”, adding that the successful completion of the first review by the IMF Executive Board in May 2025 was a key milestone.</div>
<div class="whitespace-pre-wrap">“Early policy measures have helped restore macroeconomic stability and rebuild investor confidence, despite persistent external challenges,” Binici remarked.</div>
<div class="whitespace-pre-wrap">He emphasised that structural reforms remain central to Pakistan’s long-term economic sustainability, particularly reforms that strengthen tax equity, improve the business climate and encourage private-sector-led investment.</div>
<div class="whitespace-pre-wrap">He also spotlighted Pakistan’s progress on climate-related reforms under the IMF’s Resilience and Sustainability Facility (RSF).</div>
<div class="whitespace-pre-wrap">According to Binici, the RSF is designed to help countries like Pakistan bolster resilience to climate-related vulnerabilities and meet international climate commitments. He mentioned that the key areas of reform under the RSF included enhancing public investment planning, promoting efficient and sustainable use of water resources, improving institutional coordination for disaster preparedness and financing, and expanding the availability and transparency of climate-related data. Binici stressed:</div>
<div class="whitespace-pre-wrap">“Support through the RSF will not only strengthen Pakistan’s climate resilience but also help unlock green investments and foster a more climate-conscious economic trajectory.”</div>
<div class="whitespace-pre-wrap">SDPI Executive Director Dr Abid Qaiyum Suleri welcomed the IMF representative’s outreach, noting the importance of informed economic dialogue and multilateral cooperation in the country’s journey toward sustainable development.</div>
<div class="whitespace-pre-wrap">The lecture concluded with an interactive discussion on fiscal and monetary policy frameworks, external buffers, and the role of international institutions in fostering inclusive growth. Pakistan and the IMF had reached a staff-level agreement in March under the $7 billion EFF, aimed at ensuring economic stability and facilitating structural change.</div>
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<p>The post <a href="https://thefinancialdaily.com/imf-praises-pakistan-for-strong-performance/">IMF praises Pakistan for strong performance</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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