Prime Minister Shehbaz Sharif on Monday extended the countrywide austerity drive till June 13. The Middle East war, which began with US-Israeli attacks on Iran on February 28, has given rise to a global oil crisis. In order to deal with the situation, the government had announced unprecedented austerity measures on March 9. A notification […]
ME war
Govt steps up energy security planning amid ME war risks
Pakistan said on Thursday it was stepping up its energy security planning, including building strategic oil reserves and accelerating a shift to electric vehicles, as the ongoing US-Iran-Israel conflict raises concerns over regional fuel supply disruptions. The war in the Middle East, a key global energy hub, has heightened fears of volatility in oil and […]
Pakistan ramps up mediation to end ME war as army chief lands in Iran
Chief of Army Staff and Chief of Defence Forces Field Marshal Asim Munir and Interior Minister Mohsin Naqvi, along with Pakistani delegation, have arrived in Tehran as part of the ongoing mediation efforts to end US-Iran war, the Inter-Services Public Relations said in a statement on Wednesday. The high-level delegation is visiting Tehran as Pakistan […]
Economic shock of ME war to cast shadow over IMF, World Bank meetings
Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID pandemic and Russia’s full-scale invasion of Ukraine in 2022. Top International Monetary Fund and World Bank officials last […]
Experts describe ME war as precursor to shift in global balance of power
A seminar titled “Middle East War and South Asia,” organized by the Faculty of Humanities and Social Sciences of a local university, brought together national and international experts to discuss the evolving regional situation. Key speakers included former caretaker Chief Minister of Punjab Dr. Hasan Askari Rizvi, retired Air Marshal Shahid Akhtar Alvi, Professor Dr. […]
Bilawal stresses political unity amid crisis triggered by ME war
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has condemned the war against Iran as unlawful, warning that rising tensions in the Middle East could escalate into a wider global conflict. Speaking at a gathering held in Garhi Khuda Bakhsh to mark the 47th death anniversary of PPP founder and former prime minister Zulfikar Ali […]
Demand, supply of essential goods ensured amid ME war, says PM
Prime Minister Muhammad Shehbaz Sharif on Wednesday directed the relevant authorities to formulate a comprehensive strategy to curtail economic effects on public in the wake of current regional situation. He stressed that the strategy should not disrupt production or the balance of supply and demand across economic sectors. The prime minister further directed that both […]
Transatlantic rift widens as Trump lashes out at NATO allies over ME war
President Donald Trump has said he is strongly considering pulling the US out of NATO, ratcheting up his criticism of European allies and exposing a wider rift in the transatlantic alliance – this time over America’s war alongside Israel against Iran. While Trump’s talk of a possible NATO pullout dates back years, the comments to […]
Regional diplomats in Islamabad discuss ways for early end to ME war
Deputy Prime Minister and Foreign Minister Ishaq Dar said on Sunday that both the US and Iran had expressed confidence in Pakistan to facilitate talks between them amid the ongoing Middle East conflict. He made these remarks in a televised address after a quadrilateral moot on the ongoing Middle East crisis. The meeting in Islamabad […]
Top huddle backs unified policy to shield Pakistan’s interest amid ME war
Top civil-military leadership endorsed a unified policy approach through consensus and institutional coordination to protect Pakistan’s security, economy and food supply amid evolving regional challenges triggered by the US-Israel war on Iran. The statement came following a high-level consultative meeting chaired by President Asif Ali Zardari at Aiwan-e-Sadr on Thursday to review the evolving economic […]