ISLAMABAD, Pakistan—Pakistan said Tuesday that it was in talks with Russia over importing wheat, as it struggles to make up for crops and food stocks washed away by massive floods, which have killed more than 1,100 people.Prime Minister Shehbaz Sharif appealed for the world to provide more help for ...
COLOMBO, Sri Lanka—As Sri Lanka’s foreign-exchange reserves began to dwindle under a mountain of debt early in the Covid-19 pandemic, some officials argued it was time to ask for a bailout from the International Monetary Fund, a politically fraught move that traditionally comes with painful austerity measures.But China, Sri ...
OPEC and its allies stuck to a small, planned increase in oil production on Thursday, as windfall revenue from high crude prices boosts the economies of Saudi Arabia and other producers while providing a buffer to Russia against Western sanctions.In its third meeting since Russia invaded Ukraine, sending oil ...
ISLAMABAD, Pakistan—Shehbaz Sharif became prime minister of Pakistan Monday through a vote in Parliament, inheriting a highly polarized political situation and a deteriorating economy.Mr. Sharif, 70, is getting his first chance at the top job after years of being the junior political partner to his older brother, Nawaz Sharif, ...
ISLAMABAD, Pakistan—Two mining companies resolved a decadelong dispute with Pakistan, officials said, in a deal that will restart work on a giant copper mine and spare the country from having to pay billions in compensation. Canada’s Barrick Gold Corp. and Chile’s Antofagasta PLC had stopped preliminary work in 2011 ...
NEW DELHI—Social media posts by a Pakistan distributor for Hyundai Motor Co. have triggered calls to boycott the company and prompted India’s government to summon South Korea’s ambassador to express its displeasure.The episode highlights the potential pitfalls for multinational corporations in navigating the political sensitivities between India and Pakistan. ...
On Sunday night, in their third attack in as many weeks, Houthi radicals in Yemen unleashed a new barrage of ballistic and cruise missiles and weaponized drones against civilian sites across the United Arab Emirates. U.A.E. and U.S. air defenses knocked most from the sky. Some got through earlier ...
The U.S. lost its 20-year campaign to transform Afghanistan. Many contractors won big.Those who benefited from the outpouring of government money range from major weapons manufacturers to entrepreneurs. A California businessman running a bar in Kyrgyzstan started a fuel business that brought in billions in revenue. A young Afghan ...
President Biden speaks at the virtual Summit for Democracy from the Eisenhower Executive Office Building in Washington, Dec. 9. Photo: Al Drago/Bloomberg News President Biden’s democracy summit failed before it even began. In virtual meetings on Thursday and Friday, activists and business groups and representatives from some 110 nations ...