Home CSP News & Views CSP WEEKLY UPDATES (June 25-July 1, 2022) CSP News & Views CSP WEEKLY UPDATES (June 25-July 1, 2022) By ISSI Web Administrator - July 1, 2022 795 THE UNITED STATES OF AMERICA & THE UNITED NATIONS Ø US Assistant Secretary Robinson in Pakistanhttps://tribune.com.pk/story/2364004/us-assistant-secretary-robinson-in-pakistan Ø Pakistan, US cooperation being promoted in health sector: Masood Khan https://www.thenews.com.pk/print/970048-pakistan-us-cooperation-being-promoted-in-health-sector-masood-khan Ø IMF’s Sri Lanka, Pakistan Talks in Focus as $66 Billion at Risk https://www.bloomberg.com/news/articles/2022-06-30/imf-s-sri-lanka-pakistan-talks-in-focus-as-66-billion-at-risk#xj4y7vzkg Ø Options for the U.S. to Approach India as a Fellow Superpower https://www.realcleardefense.com/articles/2022/06/27/options_for_the_us_to_approach_india_as_a_fellow_superpower_839413.html Ø Biden’s trip to Saudi Arabia is a chance to end the war in Yemen https://www.brookings.edu/blog/order-from-chaos/2022/06/28/bidens-trip-to-saudi-arabia-is-a-chance-to-end-the-war-in-yemen/ Ø Report: Israel: Background and U.S. Relations https://crsreports.congress.gov/product/pdf/RL/RL33476 Ø We Are Now in a Global Cold War https://foreignpolicy.com/2022/06/27/new-cold-war-nato-summit-united-states-russia-ukraine-china/ Ø India Plays BRICS to Its Interests https://foreignpolicy.com/2022/06/23/brics-summit-india-russia-china-quad/ Ø Will China and Russia Stay Aligned? https://www.foreignaffairs.com/ask-the-experts/2022-06-21/will-china-and-russia-stay-aligned Ø Modi’s Burning Bridge to the Middle East https://www.foreignaffairs.com/articles/india/2022-06-30/modis-burning-bridge-middle-east Ø Sustainable blue economy vital for small countries and coastal populations https://news.un.org/en/story/2022/06/1121562 Ø Countries urged to ‘dig deep’ and support Afghanistan in aftermath of deadly earthquake https://news.un.org/en/story/2022/06/1121382 Ø Supporting UN’s Palestine refugee agency means ‘investing in stability for the region’ https://news.un.org/en/story/2022/06/1121182 Ø A visionary ‘blue transformation’ strategy to enhance underwater food systems https://news.un.org/en/story/2022/06/1121602 Ø Report: The State of World Fisheries and Aquaculture 2022 https://www.fao.org/documents/card/en/c/cc0461en Ø Report UN Habitat: Envisaging the Future of Cities 2022 https://unhabitat.org/sites/default/files/2022/06/wcr_2022.pdf Ø Climate change to cost Islamabad $26bn annually, says UN report https://www.dawn.com/news/1697439/climate-change-to-cost-islamabad-26bn-annually-says-un-report Ø Report: The Disaster Riskscape across Asia-Pacific https://www.unescap.org/sites/default/d8files/knowledge-products/Asia-Pacific%20Disaster%20Report%202019_full%20version.pdf RUSSIA & EUROPE Ø NATO summit: Zelenskyy pushes for modern artillery, fundshttps://www.aljazeera.com/news/2022/6/29/zelenskyy-asks-nato-leaders-for-modern-artillery-funds Ø Putin condemns NATO’s ‘imperial ambitions’, warns Finland, Swedenhttps://www.aljazeera.com/news/2022/6/29/putin-condemns-natos-imperial-ambitions-warns-finland-sweden Ø NATO declares China a security challenge for the first time https://www.aljazeera.com/news/2022/6/30/nato-names-china-a-strategic-priority-for-the-first-time Ø Biden: US to give $800m more in military aid to Ukrainehttps://www.aljazeera.com/news/2022/6/30/biden-us-to-give-800m-more-in-military-to-aid-to-ukraine Ø New ‘iron curtain’ descending between Russia and West: Lavrov https://www.aljazeera.com/news/2022/6/30/new-iron-curtain-descending-between-moscow-and-west-russia-fm Ø Madrid Summit ends with far-reaching decisions to transform NATO https://www.nato.int/cps/en/natohq/news_197574.htm Ø G-7 leaders to set up a ‘Climate Club’ and take immediate action to secure energy supply https://www.cnbc.com/2022/06/28/g-7-leaders-to-set-up-a-climate-club.html Ø Pakistan refuses to abolish death penalty for GSP+https://tribune.com.pk/story/2364137/pakistan-refuses-to-abolish-death-penalty-for-gsp Ø Kissinger listed 3 options for ending the conflict in Ukrainehttps://www.kommersant.ru/doc/5436955?from=top_main_9 Ø Russia, Iran unite to fight West’s sanctions and BRICS looks to expand https://tass.com/pressreview/1470777 Ø China calls NATO ‘systemic challenge’ to global peace and stability https://tass.com/world/1473977 Ø Russia ready to meet fertilizer demand of friendly states – Putin https://tass.com/economy/1474159 POLITICAL ECONOMY & NON-TRADITIONAL THREATS Ø SBP Weekly Data Reporthttp://www.sbp.org.pk/ecodata/index2.asp Ø Central bank receives $2.3b Chinese loan https://tribune.com.pk/story/2363225/central-bank-receives-23b-chinese-loan Ø Finance ministry expects domestic inflation to cross 15% in coming fiscal year https://www.geo.tv/latest/425304-finance-ministry-expects-domestic-inflation-to-cross-15 Ø The sixth wave https://www.dawn.com/news/1697634/the-sixth-wave Ø External borrowings soar to $16.3bn https://www.dawn.com/news/1697448/external-borrowings-soar-to-163bn Ø And then what after all good news? https://tribune.com.pk/story/2363459/and-then-what-after-all-good-news Ø Current account deficit exceeds $15bn mark in 11 months https://www.dawn.com/news/1697248/current-account-deficit-exceeds-15bn-mark-in-11-months Ø NA stamps IMF-dictated Rs9.6tr federal outlay https://tribune.com.pk/story/2363879/na-stamps-imf-dictated-rs96tr-federal-outlay Ø Govt raises Rs1.7 trillion in T-bills auction https://tribune.com.pk/story/2363976/govt-raises-rs17-trillion-in-t-bills-auction Ø How ready is Pakistan to face a once in a century crisis? https://www.geo.tv/latest/424396-how-ready-is-pakistan-to-face-once-in-a-century-crisis Ø China to help Pakistan maintain financial stability https://tribune.com.pk/story/2363974/china-to-help-pakistan-maintain-financial-stability Ø Govt to borrow Rs27.5 trillion https://tribune.com.pk/story/2363684/govt-to-borrow-rs275-trillion Ø Delusions of income equality https://www.dawn.com/news/1696957/delusions-of-income-equality Ø Is the rupee’s recovery sustainable? https://www.dawn.com/news/1696955/is-the-rupees-recovery-sustainable Ø Super tax: Opting for an easy way out https://www.dawn.com/news/1696946/super-tax-opting-for-an-easy-way-out Ø Import expensive fuel or brave long outages: Nepra chief https://www.dawn.com/news/1697078/import-expensive-fuel-or-brave-long-outages-nepra-chief Ø Pakistan’s power crisis deepens as LNG becomes too expensive https://www.geo.tv/latest/424573-pakistans-power-crisis-deepens-as-lng-becomes-too-expensive Ø Oil prices ease on recession fears, headed for 3rd weekly loss https://www.reuters.com/business/energy/oil-prices-rise-after-falling-3-previous-session-2022-07-01/ Ø GLOF alert issued for five KP districts https://www.dawn.com/news/1697623/glof-alert-issued-for-five-kp-districts Ø Agri input costs to go up https://www.dawn.com/news/1697528/agri-input-costs-to-go-up Ø Pakistan top destination of waste import https://tribune.com.pk/story/2364078/pakistan-top-destination-of-waste-import Ø Climate change to cost Islamabad $26bn annually, says UN report https://www.dawn.com/news/1697439 Ø Why South Asia Is Among the Hardest Hit Regions by Climate Change https://www.usnews.com/news/best-countries/articles/2022-06-30/why-south-asia-is-so-vulnerable-to-climate-change-related-disasters RELATED ARTICLESMORE FROM AUTHOR CSP News & Views CSP WEEKLY UPDATES (October 5-11, 2024) CSP News & Views CSP WEEKLY UPDATES (September 28-October 4, 2024) CSP News & Views CSP WEEKLY UPDATES (September 21-27, 2024) RECENT PUBLICATIONS Strategic Studies (Vol. 44, Summer 2024, No. 1) Strategic Studies September 13, 2024 Strategic Studies (Vol. 43, Winter 2023, No. 2) Strategic Studies March 15, 2024 Strategic Studies (Vol. 43, Summer 2023, No. 1) Strategic Studies August 9, 2023 Strategic Studies (Vol. 42, Winter 2022, No. 2) Strategic Studies February 14, 2023 Strategic Studies (Vol. 42, Summer 2022, No. 1) Strategic Studies September 28, 2022