Author: EchoAsiaNews

China’s foreign minister Wang Yi, the country’s top diplomat, on Saturday warned against what he described as “knee-jerk” calls to sever economic and supply-chain ties between China and the United States, urging a more “positive and pragmatic” approach to bilateral relations. Speaking at the 2026 Munich Security Conference in Germany, Wang said cooperation, rather than abrupt disengagement, would produce the best outcome for both nations and the wider global economy. He acknowledged recent encouraging signals from the White House but said some voices in the U.S. were undermining efforts to stabilise the relationship. Wang met U.S. Secretary of State Marco…

Pakistan’s T20 World Cup 2026 captain Salman Ali Agha said on Saturday that he expects Sunday’s highly anticipated match against arch-rivals India to be played in the “right spirit,” but he remained uncertain about whether the customary pre-match and post-match handshakes will take place. Addressing reporters in Colombo, Agha acknowledged the political tensions surrounding the clash and the added pressure of captaining in one of cricket’s most watched fixtures. The two sides have not played each other since the tense Asia Cup 2025 final, where India refused handshakes before and after matches, drawing criticism from players and fans alike. “I…

The government is expected to increase petrol and diesel prices for the upcoming fortnight, sources in the Finance Division have told Geo News, indicating another round of fuel price adjustments as part of ongoing economic measures. According to the officials, the Oil and Gas Regulatory Authority (OGRA) has submitted its recommendations for revised ex-depot prices of petrol and high-speed diesel (HSD) after a review of global oil market trends and currency exchange fluctuations. The Finance Division is reviewing these recommendations ahead of a final decision. If approved, the price of petrol and diesel will be raised for the period of…

The Taliban government in Afghanistan has reacted strongly to the United Nations Security Council’s decision to extend the mandate of the team monitoring sanctions imposed on the Taliban for another 12 months. The UN Security Council approved a resolution renewing the mandate of the sanctions monitoring team, which oversees the implementation of restrictions related to the Taliban and associated individuals and entities. In response, Taliban spokesperson Zabihullah Mujahid described the decision as “unjust” and said it amounted to “repeating failed experiences of the past” that had produced no meaningful results. Mujahid maintained that Afghanistan is now experiencing security and stability,…

Senior U.S. military officials are reportedly preparing for the possibility of extended military operations against Iran, with plans that could last for several weeks if a decision is made to use force, according to two U.S. government sources cited by Reuters. The officials, speaking on condition of anonymity, said the preparations are underway amid heightened tensions between Washington and Tehran. The move comes as President Donald Trump keeps all strategic options on the table regarding Iran. When asked about preparations for such a military campaign, White House spokesperson Ana Kelly declined to confirm specifics but emphasized that “President Trump has…

The U.S. military said on Friday that it carried out a strike on a vessel in the Caribbean Sea, killing three people in what was described as an operation targeting narco-trafficking activities. In a post on X (formerly Twitter), U.S. Central Command (CENTCOM) said the vessel was “engaged in narco-trafficking operations” when it was struck, marking the latest such incident in recent months as the U.S. seeks to disrupt illicit drug routes in the region. The announcement did not immediately provide details on the nationality of those killed or the exact location of the strike. Reuters was unable to independently…

The International Monetary Fund (IMF) has urged Pakistani authorities to ensure that proposed changes to electricity tariffs do not disproportionately affect middle- and lower-income households, Reuters reported, as talks continue over energy-sector reforms tied to a major IMF financing program. The discussions are part of Pakistan’s review of electricity prices under its $7 billion Extended Fund Facility (EFF) with the IMF, aimed at addressing long-standing structural issues in the economy and tightening balance-of-payments pressures. Analysts say the planned tariff revisions are meant to reduce subsidies and ease the financial burden on industry, but could trigger higher inflation and lead to…

Oil prices were little changed on Friday but were on track for their second consecutive weekly decline as concerns over a possible U.S.–Iran conflict eased and expectations of an oversupplied market increased, Reuters reported. Brent crude futures were trading around $67.55 a barrel, up slightly after earlier losses, while U.S. West Texas Intermediate (WTI) stood near $62.85. Despite minor gains in the session, both benchmarks are forecast to end the week lower, with Brent down about 0.8% and WTI down roughly 1.1%. Oil prices earlier in the week had strengthened on fears that the United States might take military action…

U.S. President Donald Trump said Friday that a change in power in Iran “would be the best thing that could happen,” as the Pentagon prepares to deploy a second aircraft carrier to the Middle East amid rising tensions with Tehran. Speaking to reporters at Fort Bragg, North Carolina, Trump was asked whether he sought “regime change” in Iran. He responded that a change of government “seems like that would be the best thing that could happen,” though he did not specify who he envisioned replacing the current leadership. Trump’s remarks signal a more overt endorsement of potential regime change in…

German Chancellor Friedrich Merz on Friday called on the United States and European countries to “repair and revive transatlantic trust together,” highlighting growing strains in the historic alliance between Western powers, according to media reports. Speaking at the 62nd Munich Security Conference in Munich, Merz described a “deep divide” between the U.S. and Europe and said renewed cooperation was essential in a world of intensifying geopolitical competition. Merz’s remarks underscored concerns among European leaders that recent U.S. policy positions have strained relations with traditional allies. European officials have expressed unease over issues including defence commitments, trade disputes and differing strategic…