ISLAMABAD: China has rolled over \$3.4 billion in loans to Pakistan, according to two senior government officials, providing a critical boost to the country’s foreign exchange reserves in line with International Monetary Fund (IMF) requirements. The support includes a \$2.1 billion deposit that has remained with the State Bank of Pakistan for the past three years and a \$1.3 billion commercial loan that was recently repaid and has now been refinanced. The officials, speaking on condition of anonymity ahead of a formal announcement, also confirmed the receipt of an additional…
Read MoreAuthor: Admin
A Major Milestone in Pakistan’s Industrial Landscape
MAL Pakistan – Marketing Alliance of Exxon Mobil Lubricants and Specialties – has joined forces with Juniper International FZ LLC and Min Pro Synergies (Pvt) Ltd to establish a strategic joint venture: Mine Lubes & Chemicals. This newly formed entity is set to serve the growing needs of Pakistan’s mining sector by delivering Mobil™ world-class lubricants, advanced chemical solutions, and expert technical services—enhancing performance, operational reliability, and long-term industrial sustainability. The official signing ceremony was held at the AWT Head Office, attended by senior leadership from all partner organizations.The agreement…
Read MoreTruth about Iran by Laura Aboli:
The real reason for the war with Iran has nothing to do with uranium enrichment – it’s about a very different kind of enrichment… They keep telling us this war is about Iran’s nuclear ambitions. But if you’ve been paying attention, you know that’s just the cover story. This war isn’t about bombs. It’s about banks. Iran is one of the last sovereign nations that hasn’t been absorbed into the Western-led financial system. It has its own central bank, it doesn’t bow to the IMF or World Bank, it doesn’t…
Read MoreA long but AN EXCELLENT write up by Professor Junaid Ahmad covers all. You may differ but it is worth reading to the end.
But Munir’s journey to Washington wasn’t to reminisce over old alliances. He came to renew vows—between client and master, between gun and gold. And the message he delivered was crisp, calculated, and unmistakable: Pakistan remains a subcontractor for American power, ever willing to whisper verses of moral clarity in public while striking Faustian bargains in private. Take Gaza. As Israeli bombs pummel a besieged population and Western leaders squirm under the weight of their own hypocrisy, Islamabad offers its routine package of condemnations—pre-written, perfunctory, and purposely ineffectual. Munir’s regime weeps…
Read MoreThe closure of the Strait Harmuz” is likely a would be a catastrophic global event with severe and far-reaching consequences, primarily due to its role as the world’s most critical oil transit chokepoint. Here’s a breakdown of the major consequences:
Why is Closure Considered Possible (though unlikely long-term)? In Summary: The closure of the Strait of Hormuz would be an unparalleled economic and geopolitical shock. It would cause an immediate global energy crisis, trigger a deep recession, spike inflation, disrupt all global trade, massively increase shipping costs, and carry a very high risk of escalating into a major regional or even wider conflict. While perhaps not permanently sustainable for any actor, even a temporary closure would have devastating global consequences. It remains the single most significant potential flashpoint for the…
Read More