Pakistan Secures Chairmanship of G-24

November 02 - (The Global News Desk 115) – Pakistan assumed the Chairmanship of the Intergovernmental Group of Twenty-Four (G-24), underscoring its commitment to promoting a more inclusive, impartial, and progress-oriented international financial mechanism.

The Intergovernmental Group is a partnership of developing countries formed in 1971 to unite their position on international finance and monetary problems.

It has about 28 members, including Algeria, Argentina, Brazil, Egypt, India, Iran, Lebanon, South Africa, Sri Lanka, Syria, and several others.

Finance Minister Mr. Muhammad Aurangzeb confirmed Pakistan's Promise to bolster the unified positions of developing countries and push for a more equitable, responsive, and development-oriented global financial system.

Muhammad Aurangzeb, while outlining Pakistan's agenda, pointed out 3 main priorities for his Chairmanship: growth driven by progress, enhanced representation for developing nations, and the need to reform the international financial system.

Aurangzeb reassured that Pakistan's role as Chair would be based on the G-24's enduring principles of dialogue, consensus, and united action, working closely with members from Africa, Asia, Latin America, and the Caribbean, along with the IMF, World Bank, and other international allies, to make shared goals a reality.

The Finance Minister highlighted that the effectiveness of collective leadership should be examined by solid development achievements.

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Train Collision In Spain: 39 Passengers Killed & 122 Injured

Córdoba, Spain - At least 39 passengers were killed when two trains crashed in Córdoba at around 19:45 on Sunday. Córdoba is a city in Andalusia, a southern region of Spain, and it is the provincial capital. According to official reports, out of 122 people who received medical care for their injuries, 48, including five children, are still in the hospital. Spanish Prime Minister Pedro Sanchez has announced three days of mourning and vowed to conduct a "thorough and absolutely transparent" investigation into the incident. The high-speed train service between Madrid and Andalusia will be halted until at least Friday. Local media reports that authorities have started up offices in numerous locations where victims' relatives may provide DNA samples to assist in the deceased's identification.

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The Global News Desk 115

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