World Bank cancels loan worth $250 million to Pakistan

World Bank cancels loan worth $250 million to Pakistan

Islamabad: The World Bank has cancelled financial assistance of $250 million to Pakistan. The credit was supposed to help uplift the Pakistani economy. However, due to failed negotiations with Pakistan, the World Bank has decided to cancel the said loan. The World Bank has delivered a jolt to Pakistan with the decision as Pakistan is […]

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Japanese economy suffers against the background of US-China trade war

Japanese economy suffers against the background of US-China trade war

Tokyo: The Japanese economy has sustained a massive blow due to the raging US-China trade war, with a 2.5% decrease seen in growth rate during the quarter of July-September. It is said that this is the biggest downslide since 2014. Analysts claim that the indications of a global recession have further strengthened due to this […]

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No renegotiations on Brexit issue, warns Chief of the European Union, Jean-Claude Juncker

No renegotiations on Brexit issue, warns Chief of the European Union, Jean-Claude Juncker

London/Brussels: “There is no room for further negotiations on the Brexit issue. However, clarifications to explain the agreement better can be given. Before starting implementation of the exit agreement, a few things can be presented differently,’ said Jean-Claude Juncker, chief of the EU dismissed the possibility of renegotiations on the Brexit agreement. Since Juncker issued […]

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Results of assembly elections of five states declared

Results of assembly elections of five states declared

New Delhi: Results of the assembly elections held in  have been declared. The counting in Madhya Pradesh lasted until late evening with a neck-to-neck fight for majority seen between the BJP and the Congress. However, it was apparent in the last stages that the Congress was heading towards a clear majority. In Rajasthan, the Congress […]

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100,000 Hezbollah rockets aimed at Israel, warns Hezbollah’s second in command

100,000 Hezbollah rockets aimed at Israel, warns Hezbollah’s second in command

Beirut/Jerusalem: Hezbollah, disturbed by the discovery and destruction of the second hidden tunnel by Israel has threatened Israel. Sheikh Naeem Qasem, the second in command in the Hezbollah ranks threatened, ‘More than 100,000 Hezbollah rockets are aimed at Israel. This brings all the cities of Israel including Tel Aviv in the range of the Hezbollah […]

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China can deploy two warships to retaliate against the US, boasts Chinese official

China can deploy two warships to retaliate against the US, boasts Chinese official

Beijing: Chinese Air Force official Dai Shu bragged saying, “if the United States deploys any warship in the marine region near China, then China should retaliate with the deployment of two warships. One of them will halt the US warship, and the other will attack it by dashing into it. We will never tolerate interference […]

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Indications of provision worth $750 bn for US defence expenditure

Indications of provision worth $750 bn for US defence expenditure

Washington: US President Donald Trump has sanctioned an essential increase in the defence expenditure and has indicated a provision of $750 bn for this purpose. As per the sources, this sanction was given after his meeting with US Secretary of Defence James Mattis. President Trump has consistently stressed on increasing the capabilities of the defence […]

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Syria claims to destroy an enemy target

Syria claims to destroy an enemy target

Damascus/Beirut: The Syrian military bolstered by the deployment of the Russian S-300 air defence system claimed to have destroyed an enemy target approaching capital Damascus. The Syrian news agency reported this on Sunday. But within the next few hours, the Syrian news agency withdrew the concerned report from its website saying that no such attack […]

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US will continue to assist Saudi in its conflict with Yemen; reaction by the US Department of State

US will continue to assist Saudi in its conflict with Yemen; reaction by the US Department of State

Abu Dhabi: There was a suggestion that the United States should not assist Saudi Arabia, who is involved in the killing of journalist Jamal Khashoggi and responsible for violation of human rights in the conflict in Yemen. But the Trump administration dismissed the suggestion by the Senate saying that the campaign started by Saudi in […]

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Israel warns Hezbollah militants, targets terror tunnels

Israel warns Hezbollah militants, targets terror tunnels

Tel Aviv/Beirut: Tension has been created on the Lebanese border because of the Israeli action on the terror tunnels. Israel has accused that the Hezbollah terrorists have initiated suspicious activities near the Blue Line demarcated by the United Nations near the Israel and Lebanon border. Israel informed that the soldiers fired warning shots to warn […]

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