Pakistan said 6–7 Muslim-majority countries have expressed interest in joining the Mecca Joint Defense Pact. Senior diplomats from Pakistan, Saudi Arabia and Turkey met in Istanbul on Monday to discuss security and military cooperation; Pakistan fore

2026-08-31

Pakistan said 6–7 Muslim-majority countries have expressed interest in joining the Mecca Joint Defense Pact. Senior diplomats from Pakistan, Saudi Arabia and Turkey met in Istanbul on Monday to discuss security and military cooperation; Pakistan foreign minister Ishaq Dar said officials are drafting a framework to ease accession but did not name the countries, with Bangladesh the latest to signal interest. The pact, signed on Aug. 7, contains a mutual-defense clause treating an armed attack on any signatory as an attack on all. Turkish foreign minister Hakan Fidan said the pact could expand to other regional states, including Egypt; Turkey’s foreign ministry said discussions would cover international security, armed-forces interoperability and deeper defense-industrial cooperation.

Other News
2026-08-31

[RMB Central Parity Rate in the Interbank Foreign Exchange Market on August 31, 2026] USD/CNY was quoted at 6.7828, up 17 points (RMB depreciation); EUR/CNY was quoted at 7.8344, down 339 points; HKD/CNY was quoted at 0.8651, up 1.2 points; GBP/CN

2026-08-31

Inflation in German states rose in August, consistent with market views that the upcoming national CPI will come in above expectations. State CPI YoY: Bavaria 2.9% (prev. 2.8%); Saxony 2.9% (prev. 2.7%); North Rhine-Westphalia 2.9% (prev. 2.7%); Bade