IJR News — today's news from every sideRachel Meyers Relying on these external lines keeps reserves afloat but does little to fix underlying fiscal problems over time. Sam Okafor Pakistan needs to explain how its ships ended up that close and work harder to prevent repeats of this incident. 
Dana Whitfield Core inflation easing slightly is welcome but the overall numbers still point to another Fed rate increase soon. 
Pakistan inaugurates largest Sky47 Karakoram One — Jul 24, 2026Prime Minister Shehbaz Sharif, alongside Field Marshal Syed Asim Munir, inaugurated Sky47’s Karakoram-01/One data centres in Islamabad, highlighting Pakistan’s largest AI-ready, sovereign-cloud infrastructure with an 8.5MW capacity and plans for a 5MW facility at Port Qasim by September. Built by Sky47/Mari Energies with partner ZTE, the projects aim to strengthen digital security, cloud computing, AI, and high-performance computing, advancing Pakistan’s digital self-reliance and economic opportunities.
Pakistan Regains B Rating Following S&P Upgrade — Jul 22, 2026S&P Global Ratings upgraded Pakistan’s long-term sovereign credit rating to B from B- with a stable outlook, crediting stronger institutions, sustained IMF-backed reforms, improved fiscal discipline, and a sharp rise in foreign exchange reserves to about $25.3 billion, boosting external financing capacity. The upgrade, welcomed by the government, is expected to boost international investor confidence, support continued growth and reform momentum, and open up new financing opportunities as Pakistan pursues a stronger fiscal stance in the coming years.
India, Pakistan, Bangladesh, Sri Lanka gain knockout entry — Jul 24, 2026India, Bangladesh, Pakistan and Sri Lanka have direct entry into the knockout stages of the 2026 Asian Games cricket events, with Afghanistan, Hong Kong, Japan, Malaysia, Nepal and Oman consigned to the preliminary rounds; all matches will be in Nagoya, Japan, in the Twenty20 format, with the men's tournament running September 24–October 1 and the women's September 17–22.
