Pakistan and Turkey on Wednesday agreed to pursue a joint strategy on matters of mutual interests at the international level, according to Pakistan’s Foreign Ministry. The agreement came during a meeting between Pakistan’s Foreign Minister Shah Mahmood Qureshi and his Turkish counterpart Mevlut Cavusoglu in Islamabad. Cavusoglu arrived on his three-day official visit to Pakistan

A man walks past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Jan. 11, 2021. Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic. (AP Photo/Vincent Yu) By YURI KAGEYAMA TOKYO (AP) — Global shares and U.S.

European Commission President Ursula von der Leyen, right, welcomes British Prime Minister Boris Johnson prior to a meeting at EU headquarters in Brussels, Wednesday, Dec. 9, 2020. Leaders of Britain and the EU meet Wednesday for a dinner that could pave the way to a post-Brexit trade deal, or tip the two sides toward a

Sudanese Prime Minister Abdullah Hamdok, right, welcomes US Treasury Secretary Steven Mnuchin to the Cabinet Building, in Khartoum, Sudan, Wednesday, Jan. 6, 2021. The U.S. and Sudan have agreed to settle the African country’s debt to the World Bank. The move comes after Mnuchin arrived in Sudan, the first visit by a senior American official

Photo: Credit Anadolu Agency Kenya risks losing access to cheap Eurobonds due to its debt pile-up, the International Monetary Fund (IMF) has warned, citing investor concerns over possible defaults or deferment of repayments. The IMF’s latest assessment of Kenya’s debt sustainability shows the country is likely to breach the threshold over the next decade going

In this photo provided by the Saudi Royal Court, Saudi Arabia’s Crown Prince Mohammed bin Salman, right, welcomes Qatar’s Emir Sheikh Tamim bin Hamad al-Thani upon his arrival to attend the Gulf Cooperation Council’s 41st Summit in Al-Ula, Saudi Arabia, Tuesday, Jan. 5, 2021. (Saudi Royal Court via AP) Gulf Arab leaders signed a declaration

Kenya will from January 21 start repaying the Sh162 billion Chinese loan used to build the Nairobi-Naivasha standard gauge railway (SGR) line, adding to the taxpayers’ burden of settling the mounting foreign debt. The Treasury has disclosed that the $1.482 billion (Sh162 billion) debt from the Exim Bank of China that Kenya tapped in December

Turkey’s exports reached $169.5 billion in 2020, the trade minister announced Tuesday, citing preliminary data. The headline figure, despite the severe economic contraction and shrinking in foreign demand in our export markets, especially the in EU, is the exporters’ success, Ruhsar Pekcan stressed during a year-end foreign trade evaluation meeting in the capital Ankara. Pekcan

Photo/Somali Times Somalia companies are expected to sign an agreement on oil drilling in Somalia today at Villa Somalia, with a meeting to be held at the Somali presidential palace, according to our sources inside Villa Somalia. The agreement will be jointly signed by the Federal Government of Somalia and oil companies, and will be

People watch the first truck, from Estonia, entering the Eurotunnel terminal Friday, Jan.1, 2021 in Coquelles, northern France. Eleven months after Britain’s formal departure from the EU, Brexit becomes a fact of daily life on Friday, once a transition period ends and the U.K. fully leaves the world’s most powerful trading bloc. (AP Photo/Lewis Joly,