Economic turmoil in Iran
The fall in the value of the Iranian rial from 24,000 to the dollar to 37,500 in two days’ trading last week was a dramatic reminder of the economic difficulties…
Turmoil exposes Indonesia’s economic vulnerability
For many Indonesians, the soy-based tempeh is a poor man's meat, so when tempeh makers went on a three-day strike this month to protest rising soybean prices, low-income people were…
Turmoil in the Middle East
Israeli and American air strikes against Iran’s nuclear facilities have further aggravated the turmoil which has been the characteristic feature of the Middle Eastern political landscape for a long time.…
Pakistan’s economic strategy
The overarching economic strategy of the incumbent government is not quite focused on achieving macroeconomic stability, though that is certainly a stated objective, or to implement pro-growth policies — pledged…
Tariffs, turmoil & tech
ON the morning of April 5, 2025, traders at the New York Stock Exchange were glued to their screens as Apple’s stock nosedived nearly five per cent in an hour.…
Tariff turmoil
IT was a week of turnarounds. The Trump White House, eager to remain on the warpath with the rest of the world, came down with ridiculous and enormous tariffs for…
People, economics and security
The slight improvement in Pakistan's economy is welcome — especially as it comes some months before the next budget is due. Everyone in Pakistan wishes for nothing more than an…
A $1trn jolt: Selloff in Indian stocks burns retail investors, fans economic risks
As India’s longest equity slump in nearly three decades wipes out roughly $1 trillion in market capitalization, the major blow to retail investors is denting consumer spending and threatening to…
Political turmoil shakes South Korea’s economy
After South Korea’s president and his replacement were both deposed over a failed bid to impose martial law, deepening political turmoil is threatening the country’s currency and shaking confidence in…
Making 2024 count economically
A pivotal year which may become a turning point for Pakistan’s economy, 2024 saw significant progress in achieving macroeconomic stabilisation. The country made strides in controlling inflation, reducing interest rates,…
