February 7, 2026

Pakistan's Massive Borrowing Fails to Boost Economy, Private Sector Credit Shrinks

Pakistan borrowed Rs24 trillion and doubled revenues in two years, yet economic growth remains slow. Bank lending to the government left little credit for private businesses. Poverty and unemployment rise as GDP growth stalls near 3.7%. Officials hesitate to cut interest rates despite low inflation.

February 7, 2026

Tamil Nadu Boosts Textile Sector with New Subsidies and Policies

Tamil Nadu's new textile policy offers hefty subsidies for weaving, processing, and technical textiles. Sixteen textile bodies praised government support driving modernization and growth.

February 7, 2026

Panama Ends Single-Operator Model at Canal Ports, Moves to Multi-Operator System

Panama cancels Hong Kong’s CK Hutchison port concession and pledges a multi-operator model for its canal ports. President Mulino vows to never again grant these to a single company, aiming to cut geopolitical risks and respond to US pressure.

February 7, 2026

Dow Briefly Tops 50,000 on Tech and Bitcoin Rally

The Dow Jones crossed 50,000 for the first time as US stocks surged. Tech shares rebounded and bitcoin stopped its slide, boosting market confidence.

February 7, 2026

Trump Raises US Tariff Quota on Argentine Beef Amid Soaring Prices

President Trump signed a move to hike low-tariff imports of Argentine beef to lower US beef costs. Economists doubt big price drops, while ranchers voice concern.