Analysis

BRICS in New Delhi: Some skipped it, others skipped dinner

High-profile absences and early departures cast a shadow over Narendra Modi's showcase BRICS gathering in New Delhi. Brazil's Lula skipped it entirely, Saudi Arabia's crown prince never attended, the UAE's Crown Prince left before dinner, and Xi Jinping disappeared before the evening began.

High-profile absences and early departures cast a shadow over Narendra Modi's showcase BRICS gathering in New Delhi. — FILE

Imran Khan’s close aide quietly retires his defiance myth

Zulfikar Bukhari's remarks to Reuters, describing a freed Imran Khan as unwilling to confront army chief Asim Munir, don't just shift PTI's tone. Coming from one of Khan's closest aides, they quietly kill the "dut kar khara hai kaptaan" promise that has held the party's base together for two years.

A combined file photo shows PTI founder Imran Khan (L) and CDF Field Marshal Syed Asim Munir (R). — FILE/THE THURSDAY TIMES

Pakistan requests $10bn US exchange stabilisation facility, Reuters

Pakistan has formally requested a rare $10 billion exchange stabilisation facility from the United States, according to Reuters. The proposed arrangement could strengthen the country's foreign exchange reserves, support the rupee and mark a significant step forward in bilateral economic relations.

Pakistan has requested a rare $10 billion US exchange stabilisation facility that could bolster foreign exchange reserves, reduce pressure on the rupee and deepen economic cooperation between Islamabad and Washington. — FILE/THE WHITE HOUSE
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu at the White House as reports emerged of a profanity-laden phone call between the two leaders on 1 June 2026 threatening the US-Iran deal.— FILE/THE WHITE HOUSE
Field Marshal Asim Munir meets US President Donald Trump alongside Prime Minister Shehbaz Sharif at the White House in September 2025, a relationship that would later place Pakistan at the centre of US-Iran peace mediation. — FILE/THE WHITE HOUSE

Pakistan’s economy has stabilised, but now the hard part begins

The State Bank of Pakistan’s Half Year Report shows stronger growth, lower inflation, rising reserves and a rare fiscal surplus, but warns that weak exports, low investment, climate shocks and Middle East instability could still test the recovery.

The SBP Half Year Report shows Pakistan’s growth picking up, inflation easing and reserves improving, but weak exports, climate risk, low investment and Middle East instability still threaten the recovery. — MICHAEL MCCALL FOR THE THURSDAY TIMES
Pakistan received $3.5 billion in workers’ remittances in April 2026 as Saudi Arabia, the UAE, the UK, EU countries and the United States led overseas inflows and strengthened the country’s external account. — FILE/THE THURSDAY TIMES
Iran’s envoy praises Ishaq Dar and Pakistan’s Foreign Office diplomats for the quiet, disciplined work that makes dialogue possible and peace attainable. — FILE/MOFA PAKISTAN

Pakistan battles the clock to revive Iran-U.S. talks

Pakistan is working against a rapidly closing deadline to revive U.S.-Iran diplomacy before the current truce expires. But fresh escalations at sea, conflicting public messages and Iran’s refusal to negotiate under pressure are making Islamabad’s peacemaking effort far more difficult.

Pakistan is making an urgent diplomatic push to bring Iran back to talks with the United States before a fragile truce expires, amid naval tensions and rising mistrust. — MICHAEL MCCALL FOR THE THURSDAY TIMES
The White House’s changing signals on JD Vance’s Pakistan trip may reflect more than diplomacy, with security planning and the prospect of a Trump visit shaping the uncertainty. — MONTAGE/THE THURSDAY TIMES
Published by Thursday Media International thursday.media