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Maritime sector

Even after 75 years since its creation, Pakistan has never paid its utmost attention to its maritime sector. The main reason for the continued neglect has been the political instability…

Buddhist tourism

Chief Buddhist Monk of Sangha Supreme Council of Thailand Most Venerable Arayawangso has returned to his homeland after spending a three-month religious ritual in the Pakistani historic city of Taxila.…

Sri Lanka in crisis

Pakistan and Sri Lanka are considered friendly countries on the diplomatic front. The two countries located in South Asia are very similar to each other in several respects and both…

Economic downslide

The alarming downslide of Pakistan on the economic front has only been adding to the miseries of the people of Pakistan. The most crucial questions are: how can the country…

Flirting with default?

A country’s economic outlook is inversely proportional to the political uncertainty prevailing there. This is very evident in the case of Pakistan, where increased political polarization is affecting the economic…

Loans from the IMF

Although I am currently in Canada, I am not unaware of the ongoing situation in Pakistan and the South Asian region. The economic crisis in Sri Lanka is becoming worse…

A capitalist supernova?

Excerpted: ‘Are We Heading Towards a Capitalist Supernova?’. Global debt – of households, private firms and governments – reached a staggering $305tn (254tn GBP) in 2021, up from $83tn in…

Lankan meltdown lessons

THE spectre of the Sri Lankan situation has come to haunt many a developing nation facing serious economic challenges. After an economic meltdown, the South Asian country is now witnessing…

Is sovereign default inevitable? – I

Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated that the areas of ‘North Western India’ are expected to face…

Is sovereign default inevitable? – I

Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated that the areas of ‘North Western India’ are expected to face…