Global safe house for dirty money
Developing countries, including Pakistan, continue to be deprived of their legitimate earnings and assets, thanks largely to the legalized import of dirty money by the real estate in developed countries.…
Global offshore money maze
All responsible governments in recent years have shown commitment to retrieving looted money by their citizens, but in Pakistan the PPP-led government during its five-year-tenure (2008-2013) acted as the main…
Why money matters when taking climate change to court
When Serge de Gheldere decided - along with a dozen other Belgian citizens - to take the government to court in 2014 alleging climate inaction, he didn’t imagine he would…
Angola, DRC eye iconic rail revamp to quench global minerals thirst
Angola and the Democratic Republic of Congo are pinning hopes for economic revival on the revamp of an iconic African railway connecting mineral-rich inland areas to the Atlantic Ocean. Earlier…
Huge global economic policy challenges
‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic inequalities between and within countries. Tackling these problems requires funds to flow in the right direction,…
‘Big money never buys cheap’: Why investors are waiting on Japan
As Japan’s stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind…
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…
Global crackdown on corruption?
The powerful banking network, real estate market and businesses of the flourishing economies of the west have long been criticized for providing safe havens to ease into their system ill-gotten…
Under Anwar, Malaysia can ‘do better’ on climate, using global funds
To help Malaysia head off frequent floods and choking air pollution caused by forest fires, new Prime Minister Anwar Ibrahim should tap more global green funding to protect nature and…
Money before climate; market downturn spurs ESG fund exodus
Funds adhering to environmental, social, and corporate governance (ESG) principles have been hit by unprecedented outflows in the market downturn, as investors prioritize capital preservation over goals such as tackling…
