IMF Raises 2026 World Growth Forecast to 3.1%, Warns of Risks
The IMF lifted its 2026 forecast from 3.0% in July, while warning about war, debt and AI risks.
Major international developments with relevance to Pakistan and its readers.
The IMF lifted its 2026 forecast from 3.0% in July, while warning about war, debt and AI risks.
North Korea fired multiple ballistic missiles toward waters off its east coast on Monday, October 12, according to South Korea’s military
A series of attacks on Riyadh’s King Khalid International Airport has raised concerns over regional aviation safety
The WTO revised its merchandise trade outlook higher while lowering the services forecast.
Brent and WTI fell in early October 9 trading on US–Iran diplomatic signals, but the quoted prices were intraday figures and regional supply risks remained.
Sources describe exploratory discussions involving a possible US investor in the pipelines, but sanctions and German opposition present major barriers to any restart.
Member governments want to bring outstanding emergency stocks to market more quickly, but the agency has not announced another 100 million barrels on top of its March programme.
Officials told Reuters the assistance includes military equipment, intelligence and planning support, while a new three-country defence pact involving Pakistan awaits Turkish ratification.
António Guterres discussed diplomacy, Pakistan's UN role and terrorism in separate meetings with the prime minister and the army chief on 7 October.
US Vice President JD Vance said Iran must make meaningful reductions in its uranium-enrichment capacity for Washington to agree to end the conflict, while leaving open a negotiated settlement.
Russian strikes hit Kyiv and Dnipro after Russian officials reported a large Ukrainian drone attack on Moscow and the surrounding region.
Yemeni authorities said Houthi forces targeted Aden International Airport with ballistic missiles and explosive drones as fighting and cross-border attacks intensified.
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