Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its December deadline.
Islamabad [Pakistan], September 29 (ANI): Pakistan's avoidance tactics have kept its Gas Pipeline project with Iran stagnant for a decade as the country has been blaming US sanctions for the lack of the project's progress, media reports said.
Islamabad [Pakistan], September 20 (ANI): Pakistan needs a policy overhaul to restore its crisis-ridden economy which is drifting the Sri Lankan way to default.
Beijing [China], July 11 (ANI): China's nuclear power innovations have alerted countries in the West, making them apprehensive whether the country will assert itself as a global leader in climate-friendly technology if the innovations work.
Beijing [China], June 11 (ANI): Debates on Chinese social media regarding the safety of women in China were sparked after a girl was brutally attacked by a group of men in Tangshan in Hebei province.
Islamabad [Pakistan], May 3 (ANI): Tightening sanctions on Pakistan's compliance under GSP Plus, the European Union is proposing to add five new conventions to reinforce the social, labour, environmental and climate dimensions of the scheme, as the current framework expires at the end of 2023.
Islamabad [Pakistan], April 4 (ANI): Pakistan's obsession with manufacturing conspiracy theories reached the next level recently after Prime Minister Imran Khan waved a 'letter' at a public rally and warned his audience of a deep conspiracy that had been allegedly hatched by the 'international establishment' to destabilize his government and oust him from power.
Islamabad [Pakistan], March 22 (ANI): Irrespective of the outcome of the no-confidence vote against Pakistan Prime Minister Imran Khan on Friday, analysts believe his leadership of Pakistan Tehreek-i-Insaf (PTI) is already significantly "dented".