The global debtocracy
The 205 percent increase in Pakistan’s current account deficit over the fiscal year has raised much debate about the alleged ‘economic recovery’ under the Sharif government. Since the deficit has…
Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism
The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for the perpetuation and hastening of both the crises is Neoliberalism. Here, it needs…
US debt ceiling deal could stall safety flight fuelling megacap rally
A potential deal to lift the US debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks that have been havens this year and…
Egypt faces external debt reckoning after borrowing spree
Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years to help fund a new capital, build infrastructure, buy…
Climate change, debt, and inflation
“If you’ve been feeling confused and as though everything is impacting on you all at the same time, this is not a personal, private experience,” says historian Adam Tooze. “This…
How could a US debt ceiling default hit regular Americans?
What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could quickly…
Why a US debt deal may only provide short-term relief for markets
Good news of a tentative deal for the US debt ceiling impasse may quickly turn out to be bad news for financial markets. US President Joe Biden and top congressional…
The US debt row
As US President Joe Biden prepares to reengage in negotiations with House Speaker Kevin McCarthy and other influential Republicans on the critical issue of the debt ceiling to find common…
Sustainable food–not more of it–needed as global hunger soars
As global hunger swiftly rises - by more than a third last year - curbing it will require not growing more food but rethinking broader systems of trade and aid,…
Pakistan, and international global financial order
In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…
