Pakistan drowns in debt while losing its political and strategic autonomy to China

China with its Belt and Road Initiative is ensuring that Pakistan is submerged in a debt trap and is forced to part with its territories while losing strategic and political autonomy. Global media reports have indicated that China is unwilling to entertain Islamabad’s request to find the US$6.1 billion Main Line -1 (ML -1) railway project. This project is the biggest component of the Chinese flagship CPEC China-Pakistan Economic Corridor project at a 1% interest rate. Pakistani debt trap connect... More...

Contagious UK Coronavirus mutant found in the US

The mutated form of the coronavirus found in the UK, believed to be 70% more contagious, has been found in a resident of the US. It was found in a Colorado resident that has no history of traveling to the UK.   Investigations Into how he contracted the disease he’s ongoing In a statement released by the Colorado’s state health department, the man who contracted this new variant is currently in isolation in Elbert County, about an hour and a half south of Denver. The man is said to be in his... More...

Oman’s economy faces challenges after this turbulent year

The corona virus disease pandemic has toyed with Oman’s economy. The real gross domestic product (GDP) is in position to reduce in percentage according to the rating report of S&P Global. The impact pandemic on the economy as the Sultanate opens the borders The low crude oil revenue has left Oman’s finances in a precarious position with spending cuts and additional taxes that will help reduce the rising budget deficit. The sultanate might require support from its Gulf neighbors unless oil pr... More...