Iranian workers are seen working on the Pak-Iran gas pipeline project. — AFP/FilePakistan seeks negotiated settlement with Iran over pipeline: Malik.Committee to review legal, financial and energy aspects: minister.Govt wants to avoid further complications in litigation, says…
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Centre, provinces ‘struggle to reach consensus’ on targeted fuel subsidy
A view of Motorists standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 1, 2023. — OnlineProvinces asked to share Rs150-200bn subsidy burden.Centre says Rs125bn relief already provided.Fuel price hike likely in the next review.
ISLAMABAD:…
US unemployment rate near 4-year high as labor market hits stall speed
A “now hiring” sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, US, September 1, 2022. — Reuters
US job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market…
Pakistan secures $3bn through its ‘largest-ever’ Eurobond transaction
A money changer counts US dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. — ReutersNearly $6bn orders received for $3bn bond issuance.10-year tranche attracts strong demand at 7.9%.Ministry says demand signals renewed investor confidence.