Pakistan proposes second round of US-Iran talks
Digest more
Though its economic buffers are thin, its diplomatic prowess will help it through the latest crisis. But turning geopolitical clout into cash risks perpetuating a cycle of lacklustre reform efforts, poor growth and eventual bail-outs.
The State Bank of Pakistan shared a tweet about receiving $2 billion from Saudi Arabia.
There were reports that said Pakistan had secured $3 billion in funding to help shore up reserves. The fund was also to be used to offset a loan repayment to the UAE. Saudi Arabia has also extended an existing $5 billion deposit.
Pakistan stepped up efforts to ensure the US and Iran prolong a ceasefire that’s set to end next week, allowing more time for the warring sides to negotiate a lasting peace deal.Market expectations for a lengthening of the truce and an eventual formal end to the war have risen in the past two days,
In 1998, Iran earned its first World Cup victory by knocking out the United States in a memorable 2-1 win that drew thousands of celebrants into the streets of Tehran. In 2022, the United States squeaked by Iran 1-0 in a dramatic match to advance to the round of 16.
Pakistan’s monthly IT exports rose to $413 million in March 2026, marking a 21 percent increase compared with the same month last year and a 13 percent
Moves ranging from a Nobel Peace Prize nomination to a crypto deal helped build ties to the administration and the Trump family during the president’s second term.