Global power shifts to the East
In the realm of global power dynamics, the East, spearheaded by China, Russia and their respective allies, is undergoing remarkable economic and diplomatic expansion, while the historically dominant Western nations,…
Crises? Not in 2035
It is 2035, and Pakistan has defied history. For the first time, the economy is not in crisis, the government is not in debt distress, and Pakistan is not running…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
Global power politics
In the global arena, power politics refers to the continuing competition among states for influence, economic might, and strategic supremacy, which essentially means pursuing national interests. A recent example of…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
A perfect global storm
Describing the ongoing global turmoil as a perfect storm, UN Secretary General António Guterres said in his speech at the World Economic Forum that cooperation was urgently needed in a…
Economic crises
WE face today our worst economic crisis in decades, with inflation at its highest since 1975. Such crises are a way of life for us with 25 seen since 1947.…
Global conflicts, economic uncertainties
2024 emerged as a comparatively optimistic period in contrast to the challenging preceding years marked by Covid-19 pandemic. In its aftermath, global economy faced significant upheavals, with numerous businesses shutting…
Euro is back on the scene for global central banks
Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers thanks to a return to positive rates and geopolitics challenging king dollar’s appeal. Roughly…
Debt and austerity: developing world deep in economic crises
In its ‘World Economic Outlook, October 2023’ Report, the International Monetary Fund (IMF) has said that ‘The global recovery from the Covid-19 pandemic and Russia’s invasion of Ukraine remains slow…
