Political turmoil shakes South Korea’s economy
After South Korea’s president and his replacement were both deposed over a failed bid to impose martial law, deepening political turmoil is threatening the country’s currency and shaking confidence in…
When it comes to oil, the global economy is still hooked
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving…
Oil crash piles pressure on virus-hit Saudi economy
From empty hotels to shuttered beauty salons, oil-dependent Saudi Arabia is bracing for a coronavirus-led economic slump on top of possible austerity measures as crude prices go into free fall.…
Oil crash piles pressure on virus-hit Saudi economy
From empty hotels to shuttered beauty salons, oil-dependent Saudi Arabia is bracing for a coronavirus-led economic slump on top of possible austerity measures as crude prices go into free fall.…
Saudi wealth fund bets big to remake oil-based economy
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of the sovereign wealth fund spearheading a risky plan to diversify…
Global economy takes Trump guessing-game in stride
Global economic policymakers had been braced for an economic firestorm from the new US administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric…
Poultry prospects and broiler boom in Pakistan
The poultry industry is a key source of protein and a vital part of the livestock economy. Over the past decade, with investments exceeding Rs 1,056 billion, it has achieved…
Spoiling the youth potential
POLITICAL parties in Pakistan generally do not have a plan to engage the youth in constructive activities to capitalise on their potential. The exception is the PTI, which has mobilised…
Economy has been nursed to some semblance of health
There is some semblance of macroeconomic stability in Pakistan as inflation decreases, interest rates fall, and the currency stabilizes, primarily due to domestic and global high base effects. However, achieving…
Trump victory to reverberate through global economy
Donald Trump’s victory in the race to become the next US president will, if confirmed, have economic consequences for the rest of the world that are likely to be deep…
