Pakistan’s role as a possible host of talks aimed at ending the Iran war builds on its courtship of US President Donald Trump and its reputation as a relatively neutral player with long-standing ties to neighbouring Iran’s Islamic Republic. If talks happen, it could raise Pakistan’s global prominence to heights not reached since Pakistan helped […]
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US Fed leans toward a cut, but don’t expect one this week
As President Donald Trump’s trade wars drag on, and the global economy weakens, the US Federal Reserve is inching closer to its first interest rate cut in more than a decade. But investors hoping to see the benchmark lending rate begin to drop this week are almost certain to be disappointed. After preaching patience and […]