Dollar’s stubborn strength dents US companies’ earnings cheer
A host of US companies are faced with a problem they had not expected to confront this year: a rising dollar. Many market participants believed the dollar would fall on…
New FATF guidelines: Shell companies and beneficial ownership
Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation of shell companies is not illegal but they are normally formed in tax havens where…
Dollar’s gains spell earnings pain for US companies
A towering rally in the US dollar is expected to hit third-quarter corporate earnings, potentially presenting another obstacle to stocks in a year that has experienced an already-painful market decline.…
Pressure mounts on US companies in Russia
As a growing list of US multinational businesses — from Apple to Levi’s — suspend activities in Russia, some companies choose to stay in the country despite the risks to…
Winners and losers from minimum tax on multinationals
G20 finance ministers meeting in Italy will discuss a reform of taxation on multinational firms that is meant to stop nations from using ultra-low tax rates to attract businesses. The…
Local, global security companies in race along China’s ‘Silk Road’
Global security companies and their smaller Chinese rivals are jostling for business along Beijing's modern-day "Silk Road", the grandiose plan for land and sea routes connecting the world's second largest…
India’s costly misadventure
There has been a surge in nationalistic fervour among the Indian electorate. Yet, a consideration of the broader consequences suggests that India’s misadventure was a grave strategic miscalculation. The Modi…
WASH and the private sector
Water, Sanitation and Hygiene (WASH) are essential areas of focus for achieving sustainable development and are a critical component of the global sustainable development goals. Pakistan's WASH sector faces significant…
Pakistan’s pharma scene
Over the last few years Pakistan’s pharmaceutical market went through a dramatic transformation from multinational companies-based market to home-grown pharmaceutical companies-based market. When the MNCs arrived in Pakistan the local…
A requiem for USAID
The USAID tap has run dry, and its disbandment has sent tremors around the globe. The freeloaders in the developing world, various governments and NGOs, received a seismic shock. Those…
