The depositor’s interest
Inflation is at its highest ever level, a mix of a global commodity super cycle, a never ending series of bad policy decisions, and the inability to take any decisions.…
Biden, Republican leader clash – with US economy at stake
President Joe Biden and the new Republican speaker of the House of Representatives, Kevin McCarthy, face off Wednesday at the White House to discuss the US debt standoff — but…
Survival of the republic
Even though ‘Cooperation in a Fragmented World’ was this year’s theme of the World Economic Forum’s Annual Meeting in Davos, there is little that can be put on paper in…
Debt ceiling: White House bets Republicans will blink under pressure
The White House is refusing to negotiate with hardline Republicans on raising the debt ceiling because it believes enough of them will eventually back off their demands, as a growing…
Whoosh tests Russian IPO interest as foreign investors frozen out
Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation with Moscow’s first IPO since the country sent troops into Ukraine. While breathing life…
What is the One Percent Republic?
Last week, Dr Miftah Ismail initiated an important debate by terming Pakistan a “One percent Republic” – a society that works for the few and reproduces elite privilege over time.…
Public justice
It is not often that one speech urging the creation of a national public interest law firm, driven by seasoned trial lawyers, would move from words to deeds, from oratory…
Iranian nuclear deal limbo may serve interests of both US and Iran
Whether or not Tehran and Washington accept a European Union “final” offer to revive the 2015 Iran nuclear deal, neither is likely to declare the pact dead because keeping it…
The rising public debt burden
The public debt of Pakistan consists of the domestic and external debt of the government plus debt owed to the IMF (International Monetary Fund). Table 1 below shows that it…
House Republicans who challenged Biden’s win are losing lots of corporate cash
In the days after the Jan. 6, 2021 attack on the US Capitol, dozens of companies said they would suspend political donations to Republican lawmakers who had backed then-President Donald…
