The IMF delegation led by Mr. Adnan Mazerei met Pakistani authorities to discuss IMF’s Stand-by-Arrangement to patch together economic aid and assistance to Pakistan as it builds out of the recent summer floods. A press release was put out by the mission. It reads, in part: “Progress has been made regarding the measures to be […]
As the recession hit; the jobless rates soared to 10% and more, banks at the brink of failing, stock exchange plummeted, and economy was left paralyzed. All this happened in United States, which sparked a global recession, bringing down Europe and Asia along with it. This global recession was worst on developing nations, as they […]
Philippines: China and the Philippines signed two major agreements last week. The first agreement, the Joint Action Plan for Strategic Cooperation, is a bilateral relations road map for the next five years. The second, the Philippines-China Consular Agreement, is the first consular agreement that the Philippines has negotiated with another nation. This agreement includes notification […]
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