Financial earthquake and the AIG nationalization
Lehman Brothers bankruptcy on September 14, 2008 caused “The Mother of all Mondays” as called by the Wall Street Journal. The US financial earthquake triggered the world and so much…
Lehman Brothers bankruptcy on September 14, 2008 caused “The Mother of all Mondays” as called by the Wall Street Journal. The US financial earthquake triggered the world and so much…
The national security paradigm revolves around the security of the state. However, the concept of state security has undergone a significant transformation in the modern era. Economic security has, to…
Pakistan’s financial future hangs in the balance as the country struggles to bridge its funding gap and strengthen its economic ties with China. The willingness to issue Panda Bonds marks…
Decades ago, when this scribe was a student of Botany, at the Government College, his ecology professor had noted “they imposed an engineering solution onto a biological/ecological problem”. He was…
This is the first of a two-part series on de-dollarisation. An exclusive report carried by Business Recorder revealed that during a meeting of Pakistan China seventh Joint Working Group on…
Pakistan’s unchecked real-estate sector is swallowing resources and land, driving up property prices while stifling growth in manufacturing and technology. Unlike its neighbours, Pakistan’s wealthiest individuals are heavily invested in…
In the 1950s, China and the Soviet Union developed some differences after the death of Stalin who passed away in March 1953. During his lifetime, Stalin remained the undisputed leader…
As Pakistan celebrates its 77th anniversary today, it is natural to reflect on its journey of development and growth since gaining independence in 1947. Looking back at its accomplishments and…
The latest buzzword these days is ‘rightsizing’ the government. This usually points to calls for reforms aiming to reduce government expenses and the budget deficit. But rightsizing or reforms is…
Subsidies, especially those extended to poor people in Western and developed states, have always been resented by free market advocates who argue they amount to encouraging people to be sluggish,…