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A month into the Middle East conflict, its ripple effects are felt across economies worldwide. The crisis was triggered on February 28, when the United States and Israel launched joint strikes on Iran, setting off a chain of events that has tightened Tehran’s grip over the strategically vital Strait of Hormuz. This narrow sea passage,…
The Middle East crisis is sending shockwaves far beyond the region, unsettling everything from oil markets to stocks and currencies. At a time when markets around the world are already volatile, Pakistan, which is already grappling with a fragile economy, is finding itself on the brink of an economic crisis. Concerns are rising around inflation,…
Pakistan’s captain Salman Ali Agha reacts in the field during the T20 World Cup cricket match between Pakistan and Sri Lanka in Pallekele, Sri Lanka, Saturday, Feb. 28, 2026. (AP Photo) Pakistan’s early exit from the ICC T20 World Cup has led to financial penalties for the players, with the Pakistan Cricket Board (PCB) deciding…
