At least three ships sailing from Iranian ports crossed the Hormuz Strait despite a US military blockade, but some vessels taking the route later turned back, maritime tracking data indicated Tuesday. They were among at least seven Iran-linked vessels that passed through the strait after Washington’s blockade came into effect at 1400 GMT on Monday, […]
Exit
Multinationals on the Exit
Over the past several months, an alarming refrain has begun echoing across Pakistan’s economic and policy circles: “Multinationals on the Exit.” What once seemed inconceivable – leading global corporations scaling down, divesting, or altogether pulling operations from Pakistan – is no longer hypothetical. Recent exits and contractions by Procter & Gamble, Shell, Microsoft, Uber, Pfizer, […]