Bloomberg Business

Pakistan to Push Growth to 3.5% Amid IMF Austerity Measures

Pakistan’s government presented a budget for the next financial year that looks to balance boosting economic growth with the tough conditions imposed by the International Monetary Fund to revive a bailout program.

Wildfires Prompt Agnico Eagle to Adjust Quebec Mine Operations

Agnico Eagle Mines Ltd., one of the world’s largest gold producers, has reduced activities “at times” within its Quebec mines since Tuesday due to air quality issues from wildfires sweeping across the Canadian province.

Ukraine Recap: Putin Says Counteroffensive Has Definitely Begun

Russian President Vladimir Putin said Ukraine’s counteroffensive has “definitely” begun, though he said its military hadn’t achieved any breakthroughs during “very intense” battles in the past five days. “All the counteroffensive attempts made so far have failed,” Putin told reporters in Sochi on Friday in televised remarks. Ukraine’s “offensive potential” remains, he said, and Russian forces “will proceed from these realities in developing our actions in the near future.”

Boris Johnson Rewards Allies Rees-Mogg, Patel With Titles

Boris Johnson secured prestigious titles for several key allies, including MPs Jacob Rees-Mogg and Priti Patel and aides who worked in Downing Street during the “partygate” scandal, as the UK government published the former prime minister’s so-called resignation honors list.

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