and months of negotiation. and in fact, the deal was meant to expire today. they ve now got an entirely new deal which will carry them through for another nine months. and as you say, it s going to be about three billion usd, which is more than they were expecting if they d managed to negotiate the end of the last deal. so that is a relief. but at the same time, lots of analysts that i ve been speaking to have also emphasised the fact that this is reallyjust patching up just for now, it s a sticking plaster to be able to get pakistan through to the end of the year and the beginning of the next year. really crucially, at the moment, pakistan is expecting to have a general election here. now, this deal will mean that the current government can finish its term. a caretaker government can can take over. then there s an election. and then the new government, which in that election is expected to happen in october, can then start the whole process of negotiating the next deal. and
yearago. i previous record more than a year ago. i spoke to a tribeca investment partner.- year ago. i spoke to a tribeca investment partner. heading to a aood investment partner. heading to a good start- investment partner. heading to a good start. the investment partner. heading to a good start. the optimism - investment partner. heading to a good start. the optimism hasi a good start. the optimism has returned after the first couple of weeks. investors have cited 2024 will be a year where interest rates will be lower globally. economic activities will slow down but not as badly as feared. all that combined, it s good to see asdaq pushing higher. it s good to see asdaq pushing hiaher. ~ ., ,., ., ., higher. we re hearing some good thins and higher. we re hearing some good things and some higher. we re hearing some good things and some lay-offs. - higher. we re hearing some good things and some lay-offs. i- higher. we re hearing some good things and some lay-offs. i
higher. i spoke to tribeca investment partners, who told me what was driving the rally. 2024 - me what was driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech - we re hearing heading the right way. big tech - we re hearing some heading the right way. big tech - we re hearing some good - we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs a
has told the bbc that the attacks are one of the biggest challenges the body has ever faced. my colleague aaron heslehurst spoke to the head of the organisation and asked what can be done to stop the attacks. it is one of the biggest challenges. it is one of the biggest challenges. it is one of the biggest challenues. . , , ., challenges. the reality is that as ou challenges. the reality is that as you mention, challenges. the reality is that as you mention, shipping - challenges. the reality is that as you mention, shipping is i challenges. the reality is that as you mention, shipping is a| as you mention, shipping is a global sector. we transport over 80% of global trade. so any actions that are happening out there that actually interrupt the trade will have a negative effect on you, me and on everybody on this planet. we need to work very closely with all the stakeholders with all the member states. we know the agencies, the united nations in particular in order to find
latest attack in the red sea, one of the world s most important trade routes. the head of the un s international maritime organisation has told the bbc these attacks are one of the biggest challenges the body has ever faced. my colleague spoke to the head of the body and asked what can be done to stop the attacks. it’s done to stop the attacks. it s one of the done to stop the attacks. it s one of the biggest challenges the imo has faced, in particularly in recent years. and the reality is that as you mentioned, shipping is a global sector. we. ..we transport over 80% of global trade, so any actions that are happening out there, that interrupt the trade, the global trade, will have a negative effect on you, on me, and everyone on the planet. we need to work very closely with all the stakeholders, with all the member state, the other agencies, the united nations in particular, in order to find practical solutions in a problem we don t want to escalate. problem we don t wan