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Pakistan Expects US Response on $10 Billion Stabilisation Facility Soon
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August 26, 2026August 26, 2026Economy

Pakistan Expects US Response on $10 Billion Stabilisation Facility Soon

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ISLAMABAD: Pakistan expects Washington to respond within the next couple of months to its request for a proposed $10 billion bilateral stabilisation facility, as Islamabad seeks to strengthen investor confidence and improve its access to international capital markets. Finance Minister Muhammad Aurangzeb had earlier confirmed that Pakistan approached US Treasury Secretary Scott Bessent for the...

US Treasury Chief Warns of ‘Economic D-Day’ Against Iran
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August 24, 2026August 24, 2026International

US Treasury Chief Warns of ‘Economic D-Day’ Against Iran

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WASHINGTON: US Treasury Secretary Scott Bessent has warned that Washington is entering an “economic D-Day” against Iran, signalling a major escalation in the Trump administration’s campaign to isolate Tehran financially. In a statement, Bessent said the United States was entering the “endgame” of its pressure campaign and would use every available economic tool to cut...