Latest stories about Nathan Porter

Pakistan seals US$7bn deal with IMF to transform and stabilise economy once and for all

Economy
Building on the 2023 Stand-by Arrangement, IMF staff and Pakistani authorities have reached a staff-level agreement on a 37-month Extended Fund Facility of about US$7 billion, aiming to cement macroeconomic stability, strengthen fiscal and monetary policy, broaden the tax base, improve SOE management, enhance competition, secure investment, enhance human capital, and expand social protection.

IMF reach staff-level agreement with Pakistan on economic reforms to access $700m in funding

Economy
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement that could unlock $700 million in funding, as part of a larger $3 billion stand-by arrangement.

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Iran’s president reportedly submitted a resignation letter. Here is what we know!

International
Iran International reports President Pezeshkian submitted a resignation letter citing IRGC takeover. Iran's presidency denies it. Khamenei is reportedly in seclusion. The US-Iran deal has not been signed. The Thursday Times reports what is known and what remains contested.
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EU’s Kaja Kallas to visit Islamabad for talks with Pakistan’s top leadership

International
EU foreign policy chief Kaja Kallas visits Islamabad on 1 June 2026 for the 8th EU-Pakistan Strategic Dialogue, meeting Pakistan's top civilian and military leadership including Field Marshal Munir.
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PSG win the Champions League, defeating Arsenal 4-3 on penalties

Football
PSG are back-to-back Champions League champions after defeating Arsenal 4-3 on penalties in Budapest. Havertz gave Arsenal an early lead before Dembele equalised. Neither side could find a winner in 120 minutes. PSG held their nerve in the shootout. The Thursday Times reports.
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Hegseth calls Pakistan’s mediation “an unexpected development” and “a true friendship”

International
US Defence Secretary Pete Hegseth said a true friendship is growing between Washington and Pakistan, calling its mediation role an unexpected development and praising Field Marshal Munir and PM Shehbaz Sharif directly.
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Trump posts US-Iran deal terms from Situation Room as Pakistan’s Ishaq Dar meets Rubio in Washington

International
Trump posted US-Iran deal terms from the Situation Room on 29 May. Strait of Hormuz to open. Blockade lifted. Nuclear material to be destroyed. Final determination pending. Pakistan's Ishaq Dar was in Washington meeting Rubio at the same moment. The Thursday Times reports.
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