World Bank President in Tuvalu says youth skills key to climate change plan
World Bank President Ajay Banga said on Friday that young people in the Pacific Island nation of Tuvalu need training to help them move and adapt to climate change as…
Our elite’s bankruptcy
“God gave Noah the rainbow sign, no more water, the fire next time.” AS Pakistan’s difficulties in meeting its external payment obligations deepen, its elitist policymakers, both past and present,…
Islamic banking: the challenges ahead
WILL our economic and financial system be able to eliminate riba (interest) by December 2027, as ordained by the Federal Shariat Court? If the past is any guide, this time…
Independent central bank
READERS may remember there was much hue and cry over the amendments to the State Bank of Pakistan Act, 1956, that were legislated in January 2022. The present government, then…
‘A harmful trend in banking sector’
Apropos editorial 'A harmful trend in banking sector', I find it necessary to highlight some of the important and relevant missing links that need more attention and clarity. It seems…
Milk banks
FROM the 1950s onwards, it became common practice to feed formula milk to babies, even newborns. Many women considered breastfeeding to be outdated or unnecessary, or they were ill and…
In the Market: How regulators are using banks to illuminate shadow banks
The Federal Reserve has proposed new rules that would allow it to gather granular details about banks’ exposure to shadow banks, a move that shows how regulators are trying to…
Fed considers rule tweak that could save biggest US banks billions in capital
The US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for the…
Consumer-focused lending under Labour could dent UK bank profits
Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leaning party’s policies are still expected…
Israel’s ‘economic war’ chokes occupied West Bank
Palestinian teenagers bounced on trampolines and jumped through hoops inside a towering tent on the outskirts of Ramallah, the financial hub of the occupied West Bank. But the circus students…
