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Secretary of the Navy John Phelan is leaving his position “effective immediately,” Pentagon spokesman

Secretary of the Navy John Phelan is leaving his position “effective immediately,” Pentagon spokesman

The Pentagon has announced that US Navy Secretary John Phelan is leaving his post with immediate effect, marking another sudden leadership change within the US defense establishment. The brief statement, issued by Pentagon spokesperson Sean Parnell, did not provide a clear reason for the abrupt departure. Phelan, the Navy’s top civilian official, exits at a time of heightened geopolitical tensions,...

Pakistan Increases Eurobond Size to $750m Amid Strong Investor Demand

Pakistan Increases Eurobond Size to $750m Amid Strong Investor Demand

Pakistan has increased the size of its Eurobond issuance from $500 million to $750 million after receiving strong interest from international investors, signalling renewed confidence in the country’s economic outlook. The move marks a significant return to global capital markets after a gap of several years. Officials said the initial target of $500m was revised upward due to oversubscription, reflecting...

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