The Philippines said the China Coast Guard used water cannon on two of its vessels on Tuesday, causing damage to one of them, during a patrol near a reef off the Southeast Asian country.Manila and Beijing have a long history of territorial disputes in the South China Sea, with several collisions involving Philippine and Chinese vessels in recent months, as well as the use of water cannon by the

The International Monetary Fund’s (IMF) executive board has given the green light for a USD 1.1 billion loan tranche for Pakistan, signalling the conclusion of the second bailout package, Pak based ARY News reported.This latest funding marks the third and final instalment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as