At least 11 people died in Karachi's Baldia Town neighbourhood when needy women with children flocked to a factory distributing alms, police say.
Despite striking a deal with the International Monetary Fund in April 2021, the ailing Arab country is yet to implement any of the reforms stipulated for securing the $3 billion loan it needs to rebuild its battered economy.
Lebanese security forces fired tear gas at protesters demonstrating in Beirut against deteriorating living conditions, as the currency plummeted to new lows against the dollar.
Swiss food giant is the latest foreign company to exit the Southeast Asian country after 2021 military coup that has caused political and economic instability in the country.
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.
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