CSP WEEKLY UPDATES (May 3-9, 2025)

303

THE UNITED STATES OF AMERICA & THE UNITED NATIONS

Ø  Pakistan, US agree to diversify trade partnership

https://www.dawn.com/news/amp/1908994

Ø  A delegation of the US Chamber of Commerce’s Pakistan-US Business Council calls on Prime Minister Muhammad Shehbaz Sharif

https://www.app.com.pk/photos-section/a-delegation-of-us-chamber-of-commerces-pakistan-us-business-council-calls-on-prime-minister-muhammad-shehbaz-sharif-4/

Ø  Pakistan, US vow to strengthen strategic, economic partnership

https://www.nation.com.pk/07-May-2025/pakistan-us-vow-to-strengthen-strategic-economic-partnership

Ø  On India-Pakistan Conflict, The United States Needs to Tread Carefully

https://www.cfr.org/expert-brief/india-pakistan-conflict-united-states-needs-tread-carefully

Ø  Donald Trump offers to mediate as India-Pakistan conflict spirals

https://www.ft.com/content/81e9eb04-d6e1-4817-b2ad-d8330d114f14

Ø  How Trump Can Stop an India-Pakistan War

https://www.usnews.com/opinion/articles/2025-05-07/india-trump-war-pakistan-nuclear

Ø  India Has a Long-Term Plan with Pakistan

https://foreignpolicy.com/2025/05/07/india-pakistan-strike-counterterrorism-long-term/?tpcc=recirc_latest062921

Ø  For India and Pakistan, a path to de-escalation

https://www.washingtonpost.com/opinions/2025/05/07/india-pakistan-diplomacy-exists/

Ø  Trump said a new ceasefire in Gaza could be coming soon

https://www.washingtontimes.com/news/2025/may/7/trump-said-new-ceasefire-gaza-could-coming-soon/

Ø  UN chief urges restraint after India’s missile attacks on Pakistan

https://tribune.com.pk/story/2544460/un-chief-urges-restraint-after-indias-missile-attacks-on-pakistan

Ø  UN Secretary-General urges military restraint from India, Pakistan

https://news.un.org/en/story/2025/05/1162986

Ø  UN renews call on India, Pakistan for ‘maximum restraint’ after overnight clashes

https://www.app.com.pk/foreign-correspondent/un-renews-call-on-india-pakistan-for-maximum-restraint-after-overnight-clashes/

Ø  ‘Step back from the brink’, Guterres urges India and Pakistan

https://news.un.org/en/story/2025/05/1162901

Ø  Meeting of the UN Security Council on the India-Pakistan Question

https://mofa.gov.pk/press-releases/meeting-of-the-un-security-council-on-the-india-pakistan-question

Ø  Pakistan’s objectives largely served and achieved by UNSC moot on South Asia tensions: Asim Iftikhar

https://www.dawn.com/news/1908586

Ø  New horror in Gaza as double strike on school shelter kills 30

https://news.un.org/en/story/2025/05/1162996

 

RUSSIA & EUROPE

Ø  Federal minister for commerce woos European firms

https://www.dawn.com/news/1908740/federal-minister-for-commerce-woos-european-firms

Ø  Europe’s final plan to quit Russian energy: Enlist wary execs

https://www.politico.eu/article/russia-vladimir-putin-europe-energy-gas-oil-executives/

Ø  Victory Day truce declared by Putin comes into effect

https://tass.com/defense/1954701

Ø  Xi Jinping arrives in Kremlin for talks with Putin

https://tass.com/politics/1954763

Ø  Exclusive: Europe to hand billions in frozen Russian cash to Western investors, sources say

https://www.reuters.com/business/finance/europe-hand-billions-frozen-russian-cash-western-investors-sources-say-2025-05-02/

Ø  Buy American? No Thanks, Europe Says, as Tariff Backlash Grows.

https://www.nytimes.com/2025/05/05/business/tariffs-europe-boycott-american-goods.html

Ø  US, Russia explore ways to restore Russian gas flows to Europe

https://profit.pakistantoday.com.pk/2025/05/08/us-russia-explore-ways-to-restore-russian-gas-flows-to-europe/

Ø  ‘It’s not Europe bad, America good’: JD Vance returns to Munich meeting

https://www.aljazeera.com/news/2025/5/7/its-not-europe-bad-america-good-jd-vance-returns-to-munich-meeting

Ø  France and Poland’s reconciliation is a sign of Europe’s alarm over US disengagement

https://www.theguardian.com/commentisfree/2025/may/08/france-and-polands-reconciliation-is-a-sign-of-europes-alarm-over-us-disengagement

Ø  ‘Leone!’ Vatican crowds hail Leo XIV as new pope of the Catholic Church

https://www.aljazeera.com/news/2025/5/9/leone-vatican-crowds-hail-leo-xiv-as-new-pope-of-the-catholic-church

Ø  UK police arrest seven Iranians over alleged threats to national security

https://www.aljazeera.com/news/2025/5/4/uk-police-arrest-seven-iranians-over-alleged-threats-to-national-security

Ø  Trump hails ‘productive’ call with Turkiye’s Erdogan as visits planned

https://www.aljazeera.com/news/2025/5/5/erdogan-trump-phone-call-ukraine-russia-war-gaza-syria-us-turkiye-ties

Ø  Romania’s PM resigns after far right wins first round of presidential vote

https://www.aljazeera.com/news/2025/5/5/romania-pm-resigns-after-far-right-wins-first-round-of-presidential-vote

Ø  Germany’s Merz elected chancellor in second round of voting

https://www.aljazeera.com/news/2025/5/6/germanys-merz-elected-chancellor-in-second-round-vote

Ø  India, UK agree ‘historic’ trade deal including tariff cuts

https://www.aljazeera.com/news/2025/5/6/india-uk-agree-historic-trade-deal-including-tariff-cuts

Ø  UK arms exports to Israel press ahead despite licence suspension: Study

https://www.aljazeera.com/news/2025/5/7/uk-arms-exports-to-israel-press-ahead-despite-licence-suspension-report

Ø  Chancellor Friedrich Merz calls for renewed Franco-German cooperation

https://www.aljazeera.com/news/2025/5/7/chancellor-friedrich-merz-calls-for-renewed-franco-german-cooperation

Ø  Ukraine’s parliament ratifies landmark minerals deal with US

https://www.aljazeera.com/news/2025/5/8/ukraines-parliament-ratifies-landmark-minerals-deal-with-us

Ø  US strikes first trade agreement with UK in a ‘breakthrough deal’

https://www.aljazeera.com/economy/2025/5/8/us-and-uk-cement-breakthrough-deal-on-trade

Ø  Russia deeply concerned over rising tensions between India, Pakistan — diplomat

https://tass.com/politics/1954147

 

POLITICAL ECONOMY & NON-TRADITIONAL THREATS

Ø  SBP Weekly Data Report
http://www.sbp.org.pk/ecodata/index2.asp

Ø  Policy rate slashed to 11%

https://tribune.com.pk/story/2544203/policy-rate-slashed-to-11

Ø  Pakistan seeks stronger ADB support in Milan

https://tribune.com.pk/story/2544205/pak-seeks-stronger-adb-support

Ø  Pakistan meets key IMF conditions

https://tribune.com.pk/story/2544617/pakistan-meets-key-imf-conditions

Ø  Finance: Addressing the root issues

https://www.dawn.com/news/1908541/finance-addressing-the-root-issues

Ø  Inclusive or exclusive growth?

https://www.dawn.com/news/1909603/inclusive-or-exclusive-growth

Ø  S&P warns of elevated credit risks

https://www.dawn.com/news/1909588/sp-warns-of-elevated-credit-risks

Ø  Stand-off with India to hit Pakistan’s nascent economic stability, warns Moody’s

https://www.dawn.com/news/1908739/stand-off-with-india-to-hit-pakistans-nascent-economic-stability-warns-moodys

Ø  Reformulating the NFC award

https://www.dawn.com/news/1908554/reformulating-the-nfc-award

Ø  Development spending falls short

https://tribune.com.pk/story/2544814/development-spending-falls-short

Ø  Crypto: Revolution or rising bubble

https://tribune.com.pk/story/2543993/crypto-revolution-or-rising-bubble

Ø  Can Pakistan seize its digital moment?

https://tribune.com.pk/story/2543991/can-pakistan-seize-its-digital-moment

Ø  Trade deficit hits $3.4 billion

https://tribune.com.pk/story/2543671/trade-deficit-hits-34-billion

Ø  Oil prices rise 3% on support from US-China trade hopes

https://www.reuters.com/markets/commodities/oil-prices-steady-after-dropping-economic-uncertainty-supply-concerns-weigh-2025-05-08/

Ø  If the Indus goes, we go too

https://www.geo.tv/latest/602767-if-the-indus-goes-we-go-too

Ø  Agriculture: At the risk of losing biodiversity

https://www.dawn.com/news/1908540/agriculture-at-the-risk-of-losing-biodiversity

Ø  Where education is a luxury

https://www.dawn.com/news/1908563/where-education-is-a-luxury

Ø  Water security to 2047

https://www.dawn.com/news/1909319/water-security-to-2047

Ø  Green Sukuk launched to boost green economy

https://tribune.com.pk/story/2544624/green-sukuk-launched-to-boost-green-economy

Ø  Climate in the classroom

https://www.thenews.com.pk/print/1309005-climate-in-the-classroom

Ø  Pakistan: Climate disasters increasing risks of death and disease amongst children and older people – new report

https://www.amnesty.org/en/latest/news/2025/05/pakistan-climate-disasters-increasing-risks-of-death-and-disease-amongst-children-and-older-people-new-report/

Ø  Climate Finance: An Indispensable Lifeline

https://thefridaytimes.com/02-May-2025/climate-finance-an-indispensable-lifeline

Ø  Defend the IWT

https://www.thenews.com.pk/print/1309327-defend-the-iwt

Ø  India’s provocations undermines regional stability & IWT

https://pakobserver.net/indias-provocations-undermines-regional-stability-iwt/

Ø  India takes first tangible step outside IWT

https://tribune.com.pk/story/2544236/india-takes-first-tangible-step-outside-iwt

Ø  ‘Multiple ministries to craft Pakistan’s response on IWT’

https://www.dawn.com/news/1908128

Ø  Chenab surge worsens Indo-Pak water row

https://tribune.com.pk/story/2544417/chenab-surge-worsens-indo-pak-water-row

Ø  Climate Change Urgency Has Declined. The Green Transition Hasn’t.

https://www.nytimes.com/2025/04/30/opinion/climate-green-transition.html

Ø  High-income groups disproportionately contribute to climate extremes worldwide

https://www.nature.com/articles/s41558-025-02325-x

Ø  Copernicus: Second-warmest April globally – Global temperature still more than 1.5°C above pre-industrial

https://climate.copernicus.eu/copernicus-second-warmest-april-globally-global-temperature-still-more-15degc-above-pre-industrial

Ø  Could India’s threat to cut off water to Pakistan trigger nuclear war?

https://www.newarab.com/analysis/could-india-threat-cut-water-pakistan-trigger-nuclear-war