Headlines- On Monday at 14:00 GMT, the US military says it would start blockading Iranian ports, preventing ships from entering or leaving Iran from passing through the Strait of Hormuz.
- In the southern town of Biyyada, Hezbollah claims that its men have attacked Israeli soldiers with "a swarm of attack drones."
- US President Donald Trump's threat to block the Strait of Hormuz was deemed "ridiculous" by Iran's navy chief, Shahram Irani.
- Any military ships approaching the Strait of Hormuz "will be considered a violation of the ceasefire and will be met with severe force," according to a statement released on Sunday by Iran's Islamic Revolutionary Guard Corps (IRGC).
- The speaker of Iran's parliament Mohammad Baqer Ghalibaf is leading the delegation that has arrived to Pakistan for talks with the United States.
- Nawaf Salam, the prime minister of Lebanon, stated that he was working to ensure the withdrawal of Israeli forces and to put an end to the Israel-Hezbollah conflict.
- Viktor Orban, the longtime prime minister of Hungary, has conceded defeat to Peter Magyar in the country's legislative election.
Tag: IMF
Pakistanis Protest Rising Electricity Bills
A sudden increase in electricity bills has left Pakistanis angry. People are demanding the government repeal the new charges that have made electricity practically expensive for many in daily protests that started in late August. Pakistan bureau chief Sarah Zaman explains why this problem has emerged.
Analysts: Bangladesh PM Visits World Bank...
Bangladesh leader Sheikh Hasina met with World Bank officials in Washington on Monday, state media reported, in a visit that analysts described as an attempt to gain the lending institution’s support for her country’s distressed economy in an election year.
While Granting loan,IMF Urges Bangladesh to...
Bangladesh will have a hard time complying with the loan recommendations of the International Monetary Fund (IMF) without antagonizing the public and big business ahead of the national election, analysts and stakeholders said.
IMF Awards $4.7B to Bangladesh to...
The International Monetary Fund announced it officially awarded a two-part loan totaling about U.S. $4.7 billion to Bangladesh on Monday to help preserve economic stability and strengthen the nation’s resistance to climate change.
IMF Provisionally Agrees to Loan Bangladesh...
The International Monetary Fund announced Wednesday that it had preliminarily agreed to give Bangladesh a U.S. $4.5 billion loan to help its economy stay afloat amid high inflation and challenges posed by climate change.
COVID-19 Updates
The heads of the world’s most powerful global finance, health, and trade organisations have joined forces to urge government leaders to fund a new $50 billion roadmap to help end the pandemic that has ravaged lives and livelihoods for the past 18 months, as well as lay the groundwork for a truly global recovery and improved health security
Uganda’s Young Population Needs Jobs to...
With the youngest population in the world, Uganda is one the countries most at risk from crime and instability from youth unemployment