Express
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US-Pakistan Green Alliance framework | The Express Tribune
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[ad_1] ISLAMABAD: As the world grapples with the urgent need to address climate change, the United States and Pakistan are leading the charge with a ground-breaking collaboration: the US-Pakistan Green Alliance. A dynamic partnership aimed at boosting bilateral cooperation on…
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IMF’s $15.6b loan to Ukraine will be first to a country at war | The Express Tribune
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[ad_1] The International Monetary Fund (IMF) approved a $15.6 billion loan to Ukraine earlier this week, the first time the global lender extended assistance to a country at war, as Pakistan still struggles to fulfil challenging conditions to secure financing…
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Court stays proceedings against TRG board | The Express Tribune
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[ad_1] ISLAMABAD: The Sindh High Court (SHC) has stayed proceedings in a district and sessions court in Karachi against the board of directors of The Resource Group International Limited (TRG) in a defamation suit filed by former chief executive officer…
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OGRA accused of flouting price mechanism | The Express Tribune
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[ad_1] ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) and oil marketing companies (OMCs) are locked in a tug of war over the recovery of exchange rate losses on imports, which have put the latter on the verge of collapse….
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Pakistan, China scientists to combat citrus diseases | The Express Tribune
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[ad_1] BEIJING: Chinese and Pakistani scientists are collaborating to develop biological control measures to enhance the quality and quantity of citrus fruit in Pakistan. A research centre was launched by the two countries in 2018 to jointly explore green and…
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China rolls over $2b in SAFE deposits | The Express Tribune
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[ad_1] ISLAMABAD: China has granted Pakistan a rollover of $2 billion in State Administration of Foreign Exchange (SAFE) deposits for a period of one year — helping the country in meeting one of the requirements set by the International Monetary…
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Yearly inflation hits another peak at 46.65% | The Express Tribune
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[ad_1] ISLAMABAD: The yearly short-term inflation rose by 46.65% – highest ever in the country’s history – measured on the basis of the Sensitive Price Index (SPI) during the week that ended on March 22, the Pakistan Bureau of Statistics…
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Pakistan’s cotton yield 50% lower than region | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan is facing a sharp decline in cotton production as its per-acre yield has contracted to just half of the cotton productivity in regional countries. Owing to thin profit margins for cotton planting, farmers have switched over to…
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Further rate hike unlikely to control inflation | The Express Tribune
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[ad_1] KARACHI: Pakistan’s economy has slowed down significantly partly due to a persistent hike in the key policy rate to a record high at 20%. The rate hike has lately become “ineffective” and a further rise will only aggravate the…
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UBS buys back bonds | The Express Tribune
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[ad_1] BENGALURU: UBS Group said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it sold just days ago in a bid to boost confidence among bondholders rattled by its $3 billion rescue of rival…
