There are different types of barriers created by individual countries to gain advantage of choice. These barriers include technical standards safety, supporting sanitary and local content requirements and regulations that…
Tax evasion is not unique to Pakistan. Western countries including the United States and Western Europe are increasingly engaged in proactively identifying tax evaders and levying heavy penalties on not…
The threat of deflation in the eurozone could reverse a major investment trend of 2013, drawing funds out of stocks and into government bonds and cash. Europe is still some…
The central bank surprised the market yesterday by lower-than-expected increase of 50 basis points in the discount rate. This means one can expect a further hike in the upcoming reviews,…
The FBR has created history by doing what was overdue since 1947; to facilitate taxpayers in filing tax returns, it has established 206 Tax Facilitation Kiosks throughout the country in…
Twitter Inc's successful debut on the New York Stock Exchange could help the Big Board win a title it has never held before: the No 1 US listing venue for…
Russia's failure to significantly change its energy-dependent economic model under President Vladimir Putin is consigning the country to potentially decades of low growth and eroding its status as a top…
The international agencies have done it yet again with us. They have taken us to the brink before and they will do so now. The reform decisions of Musharraf's time…
An important new book explains why some countries have become economic tigers in East Asia while others are relative failures or paper tigers. ‘How Asia Works’ by Joe Studwell is…
The idea of bringing the government of the United States of America to its knees has a certain appeal in various parts of the world. Broadly speaking, though, the reasons…
