World
Imprisoned former Pakistani PM Imran Khan addresses IMF in election audit push
Pakistan’s imprisoned former Prime Minister Imran Khan is writing a letter to the International Monetary Fund urging it to link any talks with Islamabad to an audit of the country’s recent election, which his party alleges was rigged, his party said Friday.
Senator Ali Zafar, a top leader from Khan’s Pakistan Tehreek-e-Insaf party or PTI made his televised remarks after meeting with Khan at the Adiala prison, where he is serving multiple prison sentences.
The latest development comes days before the IMF is to release a key installment of a bailout loan to Pakistan.
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It also comes a day after IMF spokesperson Julie Kozack said the global lender was ready to work with Pakistan’s new government “on policies to ensure macroeconomic stability and prosperity for all of Pakistan’s citizens”.
The IMF has not commented about Khan’s much-publicized move to write them a letter.
Khan has come under severe criticism at home from his rivals who claim Khan tried to block a tranche of $1 billion from the IMF to Pakistan to harm the country’s economy.
Pakistan’s former prime minister, Imran Khan, center, addresses his supporters during an anti-government march towards capital Islamabad, demanding early elections, in Gujranwala on November 1, 2022. (ARIF ALI/AFP via Getty Images)
Pakistan narrowly averted a default on foreign payments last summer when the IMF approved the much-awaited $3 billion bailout for it following monthslong talks with former premier Shehbaz Sharif, who replaced Khan after his ouster in a no-confidence vote in parliament in 2022.
Sharif is currently in talks with his allies to form a coalition government as no party, including the candidates of Khan, could get a majority in the Feb. 8 vote.
Though Khan’s candidates won 93 out of 265 National Assembly seats in the elections, it was not enough to form a government. Khan’s party says it has evidence that officials changed the election results in dozens of constituencies to convert the victories of its candidates into defeat, a charge the election oversight denies.
“The PTI candidates who were winning (in the elections) were defeated” because of rigging the vote, Zafar said, adding that Khan wants the IMF to call for an independent audit of the elections before it continues talks on the release of loans for Pakistan.
The IMF and Khan’s former government have been at odds since the former premier did not fully comply with a 2019 agreement under which he got a $6 billion bailout. The release of a key tranche from that bailout remained on hold, causing a sudden increase in inflation and a devaluation of Pakistan’s currency against the U.S. dollar.
Sharif, who is set to become the country’s new prime minister, has said he will negotiate another bailout with the IMF in an effort to combat inflation and improve the country’s ailing economy, which is the biggest challenge he faces.
World
Resource-rich nation praises US ties amid Washington-Beijing critical minerals race
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UNITED NATIONS — The Democratic Republic of Congo does not view growing American involvement in its critical minerals industry as a contest with China, the country’s foreign minister told Fox News Digital, arguing that Kinshasa needs multiple partners to transform its vast natural wealth into prosperity for its people.
“I don’t like talking about competition. I like talking about complementarity,” Foreign Minister Thérèse Kayikwamba Wagner said in an exclusive interview at the United Nations.
U.S. President Donald Trump, Secretary of State Marco Rubio and Vice President JD Vance meet Democratic Republic of the Congo Foreign Minister Thérèse Kayikwamba Wagner in the Oval Office at the White House in Washington D.C., June 27, 2025. (Ken Cedeno/Reuters)
“A country as big as the USA, but also a country as big as the DRC and as big as China, they do not develop just with one single partner,” she added. “They develop with different partnerships that respond to different needs and that bring different expertise to the table.”
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The comments come as the Trump administration seeks to increase American access to Congo’s copper, cobalt, lithium, gold and other strategic resources, while reducing U.S. reliance on mineral supply chains dominated by China.
A strategic partnership signed by Washington and Kinshasa Dec. 4, 2025, calls for increased economic cooperation, investment and the development of secure and transparent critical-mineral supply chains. The agreement accompanied a broader regional framework linking economic integration to efforts to end decades of conflict between Congo and Rwanda.
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Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo’s copper-producing south Jan. 29, 2013. (Reuters/Jonny Hogg/File Photo)
A separate arrangement involving DR Congo’s state mining company Gécamines and commodities trader Mercuria could give U.S. buyers priority access to some copper and cobalt supplies, Reuters reported Dec. 5, 2025. The U.S. International Development Finance Corporation also expressed interest in taking a strategic stake in the partnership.
Kayikwamba Wagner said relations between the U.S. and DR Congo were taking “a more concrete shape” based on mutual economic interests.
She said Kinshasa welcomed “more U.S. interests in the DRC” that could help the country turn its mineral wealth into “tangible transformations for the lives of Congolese,” while also delivering benefits to American partners.
Speaking separately at a high-level U.N. meeting on critical minerals Tuesday, Kayikwamba Wagner warned that the global shift toward clean energy must not reproduce an economic model in which raw materials leave Africa while processing, technology and most of the profits remain elsewhere.
“The global energy transition must not become another extractive transition,” she said. “If it merely replaces one form of dependency with another, it will have fallen short of its promise.”
She called for foreign partnerships to support local processing, infrastructure, technology transfers, research, industrialization and access to financing — not simply secure supplies of raw materials.
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M23 rebels stand with their weapons in Kibumba, in the eastern of Democratic Republic of Congo, Dec. 23, 2022. (AP Photo/Moses Sawasawa)
The minerals push is closely connected to the U.S.-mediated peace process between the DRC and Rwanda. The countries initially signed a peace agreement in Washington June 27, 2025, before presidents Félix Tshisekedi and Paul Kagame reaffirmed the deal and signed related economic agreements on Dec. 4. The framework was intended both to reduce fighting and attract Western investment to a region rich in cobalt, copper, tantalum and other minerals.
Kayikwamba Wagner acknowledged that the agreement had not ended the violence but said Washington’s willingness to impose consequences for violations showed that the process remained meaningful.
“This is a 30-year conflict we’re dealing with,” she said. “It’s not going to happen overnight.”
She praised the administration for sanctioning the Rwanda Defense Force and senior Rwandan officials over what the Treasury Department described as their support for the M23 rebel group. Treasury said in March that the RDF had supported, trained and fought alongside M23 as it seized territory and strategic mining locations in eastern Congo. Rwanda has repeatedly denied supporting M23.
“I find it encouraging to see that we have with us a partner that is not willing to give up at the first obstacle,” Kayikwamba Wagner said.
She was in New York as the DRC, which holds the Security Council presidency for July, elevated the connection between natural resources, armed conflict and sexual violence.
Kayikwamba Wagner said rape and other forms of conflict-related sexual violence had risen sharply in areas held by M23 and Rwandan forces, affecting women and girls as well as men and boys.
Victims in occupied areas, she said, often lack access to courts, healthcare or other avenues for redress.
“This is also one of the reasons why we continue to be mobilized against this illegal occupation of eastern DRC,” she said, arguing that restoring state authority was essential to providing survivors with justice and medical care.
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President Donald Trump arrives for a signing ceremony with Rwandan President Paul Kagame and Democratic Republic of Congo President Felix-Antoine Tshisekedi at the Donald J. Trump Institute of Peace Dec. 4, 2025, in Washington. (AP Photo/Evan Vucci)
In her U.N. remarks, she cited the Rubaya mining area, which is under M23 control and supplies a significant share of global tantalum demand. She said U.N. experts estimated that at least 1,400 tons of coltan were smuggled into Rwanda during the first year after the mines were seized, generating approximately $800,000 per month for the armed group.
The Treasury Department imposed additional sanctions on June 25 against a network it accused of working with M23 to smuggle minerals from eastern Congo into Rwanda, saying the action was intended to support the Washington peace framework and improve transparency in regional mineral supply chains.
World
China rebukes UK over nationalisation of British Steel
The UK has appropriated its last working steelworks, following fears its former Chinese owners would shut it down.
Published On 17 Jul 2026
Beijing has warned the United Kingdom that its nationalisation of British Steel has “severely undermined” Chinese companies’ confidence in investing in the UK.
The UK nationalised the loss-making company on Thursday in what the government said was a move taken to protect national interests.
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British Steel is the only source of primary steelmaking in the UK. It supports approximately 2,700 jobs across its main steelworks in Scunthorpe and across the wider supply chain.
The company’s former owner, Jingye – which is among the 100 biggest companies in China – bought British Steel for 70 million pounds ($94m) in 2020. By 2025, Jingye said it was losing 700,000 pounds ($942,000) every day.
British Steel’s nationalisation has been in the works for more than a year.
In March 2025, Jingye carried out a consultation that concluded that the British Steel furnaces were not financially sustainable. The following month, it emerged that Jingye had cancelled orders for a key material used in the steelmaking process, stoking fears that it was planning to shut down the blast furnaces.
That month, the UK government seized operational control of British Steel from Jingye to stop that from happening. The Chinese company retained ownership, but lost operational control.
Thursday, though, saw ownership officially transfer to the UK government, which says it will appoint an independent valuer to “assess whether any compensation is payable” to Jingye.
The process has angered Beijing. The expropriation of British Steel “seriously damaged” Jingye’s legitimate rights and interests and “severely undermined” Chinese companies’ confidence in investing in the UK, China’s Ministry of Commerce said in a statement on Friday.
The UK, the ministry said, has “forcibly” taken over the company and “disregarded” Jingye’s contributions to the British economy and society.
The ministry urged the UK to fulfil obligations under the China-UK Investment Protection Agreement and said it would assist Chinese companies in protecting their rights.
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