10 years ago, Iceland’s massive financial crisis erupted
Banks in ruins, a currency in free fall and the IMF called to the rescue: A decade ago Iceland's worst financial crisis erupted, a traumatic experience the nation still struggles…
Iceland drills 4.7km down into volcano to tap clean energy
It's named after a Nordic god and drills deep into the heart of a volcano: "Thor" is a rig that symbolises Iceland's leading-edge efforts to produce powerful clean energy. If…
Shiver me timbers! Iceland’s Pirate Party could seize power
Iceland boasts full employment, a peaceful society and a well-functioning welfare state - yet voters are so frustrated with the political establishment they're ready to elect the Pirate Party to…
The Trump doctrine: trade wars and tensions
The slew of political and economic measures announced by the Trump Administration has created an impression that the world is returning to an era of an insane protectionism and intense…
Climate finance billions at stake at COP29
Rich countries will be under pressure at next month’s UN COP29 conference to increase by hundreds of billions of dollars how much money they give to poorer countries as “climate…
Tiresome tourism
The sun was setting over the ancient temples of Bali, Indonesia, casting a golden glow on the stone walls that had witnessed centuries of devotion. Some viral social media images…
The salaried also rise
In the scorching heat of June, Finance Minister Muhammad Aurangzeb presented a mammoth federal budget of Rs18.877 trillion for FY2024-2025. The budget, heavily influenced by the International Monetary Fund’s (IMF)…
Myths about taxation
Do our esteemed finance minister, prime minister, policymakers at the Federal Board of Revenue (FBR), and economic managers know why the tax-to-GDP ratio is significantly higher in developed countries compared…
The pursuit of uniformity
There once was a national university, let’s call it the National University of Technology (NUT) located in Metropabad, a major city of a developing nation. Metropabad was a sought-after place…
Pakistan & ESG implementation
Environmental, Social, and Governance (ESG) values act as the guiding principle for a corporate sector’s obligation to the environment and community. For the responsible investors, ESG criteria is a litmus…
