Depression in Pakistan
Pakistan Internal Affair
Pakistan Politics
For 16 years, my blog pakiviewson.blogspot.com only got traffic from Pakistan. My Google Analytics always showed 0 users from USA. Last week...
🔴 LIVE UPDATE: Wednesday, October 7, 2026
1. Market Update: PSX Rebounds
Draft change needed: Section "Why the PSX is nervous" focuses on Monday's 2,288-point drop to 165,867.
Today's update: The KSE-100 snapped its slide on Wednesday, October 7. The index surged over 700 points intraday to a high of 169,271 before late profit-taking trimmed gains to close up 120 points at 168,580.40.
Energy & Inland Freight: Negotiations on the Memorandum of Financial and Economic Policies (MFEP) entered the final stretch on October 6–7.
Subsidies: The Fund reiterated its preference for routing low-income support strictly through BISP rather than broad fuel or targeted vehicle-based relief.
ISLAMABAD / KARACHI, October 6, 2026. Pakistan's talks with the International Monetary Fund are close to a conclusion, and the stock market is not waiting calmly. Negotiators are working through policy language while investors sell on geopolitics and oil, so this week's headlines are really about two different clocks.
An IMF team led by Iva Petrova is in Islamabad for the fourth review of the Extended Fund Facility and the third review of the Resilience and Sustainability Facility. A successful outcome would lead to a recommendation to the board to release $1.2 billion across two tranches.
The talks entered the drafting phase when the IMF shared the first draft of the Memorandum of Financial and Economic Policies. The mission is expected to stay until around the middle of this week. If the two sides can't agree on the text, discussions will continue virtually.
A staff-level agreement is only the first step. It still needs Executive Board approval, and current expectations point to a release by the end of November or early December. Nobody should expect dollars in the State Bank's account this month.
The friction is mostly in the energy sector. Power-sector circular debt reached Rs1.675 trillion by the end of June 2026, breaching the agreed target, and the IMF wants measures to stop it growing further. Islamabad has also briefed the Fund on a timeline for private-sector participation in distribution companies, including FESCO, GEPCO and IESCO.
The external numbers are another point of debate. The Fund has reportedly pushed for a higher current account deficit projection for FY2027, with figures of up to $4 billion under discussion, against the Finance Ministry's earlier estimate of about $2.7 billion. The review also lands after a significant revenue shortfall against some programme expectations. Officials have told the mission that the Gulf war and disruption in the Strait of Hormuz cut first-quarter revenue and slowed economic activity.
You might expect a nearly finished IMF review to lift the market. This time it isn't, because investors are looking past Islamabad.
On Monday, the KSE-100 fell 2,288 points, or 1.36%, to close at 165,867. Only 8 of its constituents rose while 91 fell, so the selling was broad. Analysts blamed domestic political uncertainty and elevated oil prices. The week before had already been rough: stalled US-Iran negotiations, a global bond sell-off that pushed US Treasury yields to their highest since 2002, and a widening domestic trade deficit pulled the index down 1.5%.
The pattern is familiar. In past IMF cycles, a staff-level agreement was a clear upside trigger. In March 2025, for example, the index jumped over 1,100 points on the news. Today the IMF deal is largely priced in, so the market is reacting to the things the programme can't control: oil, Gulf tensions and global yields.
Inflation is the number to watch. The central bank reported that headline inflation rose to 11.1% year-on-year in August, from 9.2% in July, well above its 5–7% medium-term target. On September 14 it kept the policy rate at 11.5%.
IMF conditions push in two directions here:
The next Monetary Policy Committee meeting is on October 26, and a hold looks more likely than a cut while inflation is this high. The rate decision matters for the stock market as well, because rate-sensitive sectors such as banks and cement react quickly to the central bank's tone.
The macro foundation is better than the market mood suggests. The central bank said FX reserves passed the end-June target of $18 billion, S&P upgraded Pakistan's sovereign rating to "B", and it targets reserves of $20.2 billion by the end of December 2026. Pakistan also posted a primary fiscal surplus of 2.9% of GDP in FY26, above the IMF target, and large-scale manufacturing grew about 5%, its strongest in roughly four years. In July, remittances rose 13% to $3.6 billion.
The weak spot is the external account. Pakistan recorded a current account deficit of $543 million in July–August of FY27, and a prolonged Gulf conflict would hurt trade with GCC countries and could affect remittances from more than a million Pakistani workers there.
For ordinary Pakistanis, the IMF money is less important than the policy conditions that come with it. These talks will shape energy tariffs, tax effort and how much room the government has to support growth.
For investors, the message is to expect noise. A staff-level agreement would remove one risk but not the oil and geopolitical ones. Whatever the final numbers say, the next few weeks will show whether Pakistan's stabilisation can hold through an external shock it can't control.
Disclaimer: This article is for information only and is not investment advice.
🔴 LIVE UPDATE - Oct 16, 2026 8:53 am EST
All times below are listed in Eastern Time (ET), as provided in the original schedule.
| Date | Matchup | Time |
|---|---|---|
| Friday, October 16 | Rays at Guardians — Game 4 | 6:00 p.m. |
| Saturday, October 17 | Rays at Guardians — Game 5 | 8:00 p.m. |
| Monday, October 19* | Guardians at Rays — Game 6 | 5:00 p.m. |
| Tuesday, October 20* | Guardians at Rays — Game 7 | 8:00 p.m. |
*Games 6 and 7 will be played only if necessary. Check official listings for any changes to venues, dates, or broadcast details.
Original preview for Game 1 is below...
For 16 years, my blog pakiviewson.blogspot.com only got traffic from Pakistan. Last week I finally got my first 6 USA visitors. So I decided to cover a topic my new USA audience loves.
Updated below article as on Oct 16, 2026
The 2026 Major League Baseball (MLB) postseason has delivered plenty of drama, and the Milwaukee Brewers have emerged as one of the biggest stories of the playoffs. After sweeping the Los Angeles Dodgers in the National League Championship Series (NLCS), Milwaukee has secured its place in the 2026 World Series.
Meanwhile, the American League Championship Series (ALCS) remains competitive, with the Cleveland Guardians holding a 2–1 advantage over the Tampa Bay Rays following a narrow Game 3 victory.
Baseball fans can find the latest playoff results, upcoming matchups, and the reported World Series schedule in this complete MLB postseason guide.
The Milwaukee Brewers have reached the World Series for the first time since 1982 after completing a four-game sweep of the Los Angeles Dodgers in the NLCS.
Milwaukee's impressive postseason performance ended the Dodgers' hopes of winning a third consecutive World Series championship. The Brewers demonstrated consistency throughout the series, winning the opening three games before closing out the matchup with a 6–4 victory in Game 4.
The result marks a significant milestone for the Brewers, who will now look to capture the first World Series championship in franchise history.
For Los Angeles, the elimination raises questions about the team's offseason plans, roster decisions, and preparations for the next MLB campaign.
The American League Championship Series is still underway, with the Cleveland Guardians leading the Tampa Bay Rays by two games to one.
Cleveland secured a 3–2 win in Game 3 on Thursday, October 15. Petey Halpin's two-run home run helped the Guardians gain the advantage, while the team's pitching staff played an important role in limiting Tampa Bay's offense.
The Rays will attempt to respond in Game 4 on Friday, October 16. Weather conditions in Cleveland could potentially affect the game, so fans should check official MLB updates for any schedule changes.
With the series still open, the next game could have a major impact on both teams' chances of advancing to the World Series.
Here are the reported results from the League Championship Series.
| Game | Date | Result |
|---|---|---|
| Game 1 | October 11 | Brewers 2, Dodgers 1 |
| Game 2 | October 12 | Brewers 7, Dodgers 4 |
| Game 3 | October 14 | Brewers 6, Dodgers 2 |
| Game 4 | October 15 | Brewers 6, Dodgers 4 |
Series result: Milwaukee Brewers win 4–0.
| Game | Date | Result |
|---|---|---|
| Game 1 | October 12 | Guardians 7, Rays 3 |
| Game 2 | October 13 | Rays 3, Guardians 1 |
| Game 3 | October 15 | Guardians 3, Rays 2 |
Series status: Cleveland Guardians lead 2–1.
The World Series is scheduled to begin on Friday, October 23, with Milwaukee awaiting the winner of the American League Championship Series.
| Date | Game |
|---|---|
| Friday, October 23 | World Series Game 1 |
| Saturday, October 24 | World Series Game 2 |
| Monday, October 26 | World Series Game 3 |
| Tuesday, October 27 | World Series Game 4 |
| Wednesday, October 28* | World Series Game 5 |
| Friday, October 30* | World Series Game 6 |
| Saturday, October 31* | World Series Game 7 |
*Games 5, 6, and 7 are conditional and will take place only if needed.
The series is listed for broadcast on Fox and Fox Deportes in the United States. Fans should consult official broadcaster listings to confirm availability in their region.
The Brewers now have an opportunity to make franchise history. Their successful NLCS campaign has put them one series away from their first World Series title.
Milwaukee will need to maintain its strong pitching, timely hitting, and disciplined approach against its American League opponent. The World Series will provide the team with its biggest challenge of the season.
The identity of Milwaukee's opponent will become clear once the Guardians-Rays series concludes.
Cleveland has gained momentum by winning Game 3, but Tampa Bay remains within reach. The Rays will need to generate more offense and find ways to challenge Cleveland's pitching staff if they hope to turn the series around.
Game 4 is particularly important because another Guardians victory would put Cleveland in a commanding position. A Tampa Bay win, however, would level the series and restore the contest's balance.
The 2026 MLB postseason has produced a major upset in the National League, with the Milwaukee Brewers sweeping the Los Angeles Dodgers to claim the NLCS title. Milwaukee is now preparing for a chance to win its first World Series championship.
In the American League, the Cleveland Guardians hold a narrow 2–1 lead over the Tampa Bay Rays, leaving the race for the second World Series spot undecided.
Bookmark this page for a convenient reference to the playoff bracket, game results, and upcoming schedule. Be sure to check official MLB sources for the latest scores and any scheduling updates.
Suggested source: Official MLB website
The New York Yankees have punched their ticket to the American League Division Series. They beat the Boston Red Sox 9-2 in Game 2 of the AL Wild Card Series at Yankee Stadium on September 30, completing a two-game sweep. Combined with their 9-0 win in Game 1, the Yankees outscored Boston 18-2 across the series. Cody Bellinger delivered the biggest swing of Game 2 with a three-run homer in the sixth inning, and Ben Rice had already hit a grand slam in Game 1. Boston's season is over.
The Yankees didn't just win this series, they dominated it. They hit .382 as a team across the two games, and they did it without Aaron Judge, who has been out with a strained calf. That answers the biggest question about this lineup heading into October: can it score without its captain? Judge is reportedly making progress in his recovery and could be on the ALDS roster, which would make a hot offense even more dangerous. Beating your fiercest rival this convincingly, in the postseason, is also a serious confidence boost.
The Yankees now face the No. 1-seeded Tampa Bay Rays in a best-of-five series, starting today, Saturday, October 3, at Tropicana Field. It won't be easy. The Rays won seven of the 13 regular-season meetings, though New York took three of four in the final week of the season. It's only the second postseason meeting between the two clubs, after the Rays won the 2020 ALDS in five games.
| Game | Date | Time (ET) | Venue |
|---|---|---|---|
| Game 1 | Sat, Oct 3 | 6:30 PM | Tropicana Field |
| Game 2 | Mon, Oct 5 | 8:00 PM | Tropicana Field |
| Game 3 | Wed, Oct 7 | 8:00 PM | Yankee Stadium |
| Game 4* | Thu, Oct 8 | 8:00 PM | Yankee Stadium |
| Game 5* | Sat, Oct 10 | 8:00 PM | Tropicana Field |
*If necessary.
Every ALDS game airs on TBS and truTV and streams on HBO Max. Radio coverage is on WFAN 101.9 FM.
The time difference is brutal, but it's worth it. Pakistan is 9 hours ahead of Eastern Time, so a 6:30 PM first pitch in New York is 3:30 AM in Pakistan, and the 8:00 PM games start at 5:00 AM.
| Game | Date (PKT) | Start Time (PKT) |
|---|---|---|
| Game 1 | Sunday, Oct 4 | 3:30 AM |
| Game 2 | Tuesday, Oct 6 | 5:00 AM |
| Game 3 | Thursday, Oct 8 | 5:00 AM |
| Game 4* | Friday, Oct 9 | 5:00 AM |
| Game 5* | Sunday, Oct 11 | 5:00 AM |
*If necessary.
Postseason rights differ from country to country, so check the MLB.TV and MLB app listings for your region to see which games are available in Pakistan. If you'd rather sleep through the night, full highlights and recaps are posted on MLB's official channels within hours of the final out. For live scores, play-by-play and updates during the 3 AM games, the MLB app or MLB.com Gameday is the easiest option.
Stay tuned to Views on Pakistan News for post-game recaps after every ALDS game. Who are you backing, the Yankees or the Rays? Tell us in the comments!
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