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Drazen Jorgic

Once allies, Nicaragua's elite aim to unseat Ortega

24 Nov 2019

MANAGUA When Nicaraguan police pulled over his luxury SUV, businessman Jose Adan Aguerri thought it was a routine traffic stop.

Bolivia's ouster of Morales stirs tensions in left-leaning Nicaragua

20 Nov 2019

MANAGUA Tensions have flared in Nicaragua since President Daniel Ortega's leftist ally Evo Morales was toppled in Bolivia, encouraging the local opposition and prompting Ortega to arrest activists and ratchet up pressure on opponents.

'Government go-slow', as Pakistan's anti-corruption drive bites

04 Jul 2019

ISLAMABAD An anti-graft crusade promoted by Pakistani Prime Minister Imran Khan has led to swathes of arrests of politicians, but critics say the economy is suffering as vital projects are put on hold by officials fearful of being caught up in the dragnet.

Pakistan removes ISI spy agency head after eight months, appoints hardliner

16 Jun 2019

ISLAMABAD Pakistan on Sunday appointed a hardliner general as new chief of the powerful Inter-Services Intelligence (ISI) spy agency, replacing the agency's current head, Lieutenant General Asim Munir, after only eight months on the job.

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

12 Jun 2019

KARACHI/ISLAMABAD Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

12 Jun 2019

KARACHI/ISLAMABAD, June 12 Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).

In rare move, Pakistan military agrees to budget cut amid economic woes, PM says

05 Jun 2019

ISLAMABAD Pakistan's powerful military has agreed in a rare move to cut its hefty budget for a year to help ease the South Asian country's "critical financial situation", Prime Minister Imran Khan said.

India says diplomats, embassy guests harassed by Pakistani security in Islamabad

02 Jun 2019

ISLAMABAD India on Sunday accused Pakistani security services of widespread harassment at an Indian embassy event in the capital Islamabad a day earlier, alleging that hundreds of guests were turned away and some of New Delhi's diplomats were "threatened".

Pakistan's biggest mobile operator warns license tussle worries investors

30 May 2019

ISLAMABAD Pakistan's last-minute price hike for a long-term mobile operating license renewal will worry foreign investors who are seeking stability in their operations, Jazz chief executive Aamir Ibrahim said, amid an ongoing court case about the issue.

Pakistan's biggest mobile operator warns licence tussle worries investors

29 May 2019

ISLAMABAD, May 29 Pakistan's last-minute price hike for a long-term mobile operating licence renewal will worry foreign investors who are seeking stability in their operations, Jazz chief executive Aamir Ibrahim said, amid an ongoing court case about the issue. Pakistan's biggest mobile network Jazz, owned by Dutch giant VEON, and the country's second-largest telecoms firm, Telenor, are challenging in court the licence renewal process, which has seen the fee set at $450 million from an expected $291 million.

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