The staff report released by the International Monetary Fund (IMF) last week mentions the repayment of $14.68 billion due for $21.8 billion bilateral and commercial loans that Pakistan owes to China. The report provided some comfort to the supporters of the China-Pakistan Economic Corridor (CPEC) as well as China itself.
The State Bank of Pakistan (SBP) clarified on Monday it has not allowed banks and their branches to sell and buy foreign currencies from the public across the country. The banks were earlier, not allowed to sell or buy foreign currencies directly from public except for those having their own exchange companies.
Delegations from the Syrian government and the opposition have met in Kazakhistan to discuss the situation in the rebel-controlled province of Idlib. The talks have come after 3 months of relentless bombing that killed hundreds of civilians. This meeting was sponsored by Russia, Turkey, and Iran. They have also announced that they will soon write a new constitution for Syria.
After heavy firing near the Pak-Iran border in Baluchistan, 9 foreign abductees were located at a raid that was conducted in the Taftan neighborhood in Chagai district. Chagai Deputy Commissioner Fateh Khan Khajjak confirmed the abduction of 9 Afghani illegal immigrants from Afghan border town Rabaat prior 20 days.
A New Zealand based company is being sued by tech giant Facebook for selling fake likes, views, and followers to Instagram users. A law suit was filed by Facebook in the United States federal court on Thursday to bar the company from the illegal sales. "This kind of fraudulent activity is not tolerated on our services" says Facebook official Jessica Romero.
Neon yellow has come to symbolise anti-government movements in France as thousands of people donning yellow vests march in protest of President Emmanuel Macron's administration for the 17th consecutive week. On the Champs Elysee avenue in Paris, the local police had to resort to the use of water cannons to keep order.
Lionel Messi scored two goals in two minutes against Eibar in the seasons final La Liga match. Despite Messi's impressive showing, Barcelona had to settle for a draw as Eibar also played exceptionally well. Messi's goals were some of the only attacks made by Barcelona that reached Eibar's goal while Barcelona's keeper had to make a number of saves.
An explosion involving radioactive isotopes at a Russian Arctic missile testing site killed five nuclear agency staff and affected a nearby city, which reported a spike in radiation levels. Russia’s nuclear agency Rosatom said the accident also left three additional staff members with burns and other injuries. The military had not previously described the accident as involving nuclear fuel.
The resignation of Puerto Rico’s governor has caused political turmoil in the US territory as a battle for succession continues. The governor was forced to resign after mass protests broke out all over the region. The protestors have made it clear that they will not support another governer from this same administration.
While addressing around 40 world leaders at China's Belt and Road conference, President Xi Jinping stated that China was going to make a number of domestic reforms. All of the announced reforms were also concerns that the US brought up during their trade deal negotiations. They will also start an enforcement system for binding international agreements.