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National debt tops $40 trillion after doubling in less than a decade, Treasury data shows

The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs.   The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…

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Pakistan’s leadership stresses need for unity, reforms as nation celebrates Independence Day – Pakistan

Pakistan’s civilian and military leadership has stressed the need for unity and reforms as the nation celebrates 79 years of independence today. According to state-run Radio Pakistan, the day dawned with a 31-gun salute in Islamabad and a 21-gun salute at the provincial headquarters. A change of guards ceremony was also held at the mausoleum…

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Pakistan, Norway reaffirm resolve to strengthen bilateral ties, expand engagement in defence, security – Pakistan

Pakistan and Norway on Thursday reaffirmed their commitment to strengthen bilateral ties and expand engagements in areas of defence and security. Norwegian Foreign Minister Espen Barth Eide, who is on a two-day visit to Pakistan, called upon Chief of Defence Forces and the Chief of the Army Staff Field Marshal Asim Munir, where the two…

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Iran says Pak-Saudi-Turkiye deal shows ‘change in perception’ towards US – Pakistan

Iran’s foreign ministry said on Monday that the defence pact signed last week between Pakistan, Saudi Arabia and Turkiye was “a sign of a change in the perception” of regional countries towards the United States. The joint defence agreement, signed in Makkah on Friday, aims to strengthen collective deterrence and empowers its signatory states to…

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OIC welcomes Pak-Saudi-Turkiye joint defence pact, calls it ‘important strategic step’ – Pakistan

The Organisation of Islamic Cooperation (OIC) has welcomed the signing of the Makkah Joint Defence Agreement between Pakistan, Saudi Arabia and Türkiye, terming it an “important strategic step”. The pact aims to strengthen collective deterrence and empowers the three states to treat an attack against one of them as an attack against all of them….

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