Canada LNG export plans to get boost but doubts linger
British Columbia is finalising tax rules for companies seeking to export Canadian natural gas to Asia. But energy experts question how many of the dozen export terminals planned for the…
Emerging markets seek savers at home as foreign money drains away
As a decade's worth of easy foreign money starts to ebb away from emerging economies, their governments are renewing efforts to deepen domestic savings pools - even if change is…
Renewable energy
Pakistan is facing numerous challenges, topmost of which is the shortage of electricity as it is affecting every walk of life in the country. The businesses are unable to function…
Commercial diplomacy
There have been many instances where Pakistan lost out on opportunities to establish a formidable presence in the global marketplace. More often than not, it was, and still is, the…
Further increase in next review highly probable
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,…
US growth to get only mild lift from gasoline price drop
US gasoline prices may be falling at a fast clip and easing the burden for cash-strapped households, but don't expect a significant boost to economic growth this quarter. Prices at…
Moving past the crisis metric
The question has become rhetorical: given Pakistan's abundant manpower and natural resources, bilateral donors and the IMF over the years, why has the country not been able to build a…
Putin’s failure damning Russia to low growth trap
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…
Cuba opens the port of Mariel to the world
More than 30 years after 125,000 Cubans left their country for the United States in the so-called Mariel Boatlift, the communist island's authorities are hoping to attract foreign investment precisely…
Spain recovery far from guaranteed despite economic upturn
At one of the night bars in Madrid's central Lavapies neighbourhood, the staff feel hopeful that business is about to get better. "People never stopped coming here" during Spain's six-year…
