| Welcome to Global Village Space

Thursday, July 10, 2025

IMF dictates fiscal policies to Pakistan

It demanded steep fiscal adjustments, discontinuation of the amnesty scheme, increase in fuel prices, increase in power tariffs, and restoration of taxes before the country could expect to unlock the $3 billion.

Major upset for Pakistan as it reports first polio case in 15 months

Health officials announced the discovery of the wild polio case on Friday, saying a 15-month-old boy had been paralysed by the virus in the northwestern district of North Waziristan.

Ukrainian PM says war victory soon! UK PM says Russia winning

UK PM Boris Johnson who recently visited Ukraine and met President Volodymyr Zelensky said it is a realistic possibility that Putin could win the war against Ukraine.

FBR to investigate MG Motors under-invoicing scandal

The orders were issued to the Board on Tuesday in a meeting between the officials of the FBR and the Public Accounts Committee. The committee demanded a report within a month.

Israel bans Gazans

The rocket attacks on Friday night and Saturday morning followed days of clashes at Jerusalem's flashpoint Al-Aqsa mosque compound and a month of deadly violence.

Bangladeshis takeover streets against burning of Holy Quran in Sweden

Muslim urge international communities to shun Islamophobia

EU creates rules for content on Facebook, YouTube

Google, Meta and other large online platforms will have to act to better protect their users. Europe has made clear that they cannot act as independent digital islands.

Welcome inflation: Shehbaz to remove subsidies

Ismail said his immediate goal was reining in double-digit inflation -- a target complicated by lifting fuel subsidies -- and kickstarting job creation.

Russia boosts oil supplies with discounts

Crude exports grew by 300,000 barrels a day in April

Pakistan secures last minute bid on LNG cargo to defer crisis

The energy-starved country was forced towards this decision as two major commodity trading companies defaulted on their agreements to supply LNG cargoes for the months between April and June.

Three years as governor state bank, what did he achieve

As a result of such policies, the second quarterly report of FY22 depicted encouraging growth in digital banking. The state bank reported that the “overall e-banking transactions volume grew by 10.7% to 400mn whereas value by 22.8% to over Rs33tn.

Britain and India agree on a new defence partnership

UK and India had agreed to work together in defence procurement to meet threats across land, sea and air, space and cyber, including partnering on new fighter jet technology, maritime technologies to detect and respond to threats in the oceans.