Years of financial mismanagement and political instability have damaged Pakistan’s economy, worsened by a global energy crisis and devastating floods that submerged a third of the country last year.
Ranil Wickremesinghe government did not give a clear reason for the move, but his office, in a statement, said his address to lawmakers on February 8 will announce new policies and laws.
Boat trying to reach US sinks, leaving five Cubans dead with 12 others missing, local media report.
Tech bigwigs are sacking significant portions of their workforce, leaving the industry worried and puzzled.
The move in Pakistan's most populous province, Punjab, is part of a bid to force early general elections.
The island nation of 22 million people has been forced to cut back on government expenditure after it slid into a deep economic crisis last year when foreign exchange reserves dried up.
More than 10 million tons of Ukrainian grain have been shipped since Türkiye, the UN, Russia, and Ukraine signed an agreement in Istanbul in late July.
US President Biden says he wants to get rid of coal-fired power plants, angering a fellow Democrat who thinks high energy price necessitates burning of the dirtiest fossil fuel.
Whoever replaces Truss will have to deal with a potential recession, double-digit inflation and spiralling energy costs.
About half of UK households are cutting back on number of meals and almost the same proportion is finding it harder to eat healthily amid cost-of-living crisis, consumer group Which? reports.
Rail workers and others in the public and private sector joined fuel workers who have been striking for three weeks over the cost of living and oil firms’ inflated profits.
Leading unions have called for strikes on Tuesday in their biggest challenge yet to President Emmanuel Macron since he won a new presidential term in May.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2023 TRT World.