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A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP between 2019 and 2021. At least 25 developing economies devote…

New pink wave in Latin America

Gustav Petro, a former M-19 guerrilla, was elected the first left-wing President in Colombia’s history on June 19, 2022 in a run-off that gave him 50.5 percent of the votes…

Oil prices – what to do? – II

Classification of crude oil is based on viscosity (lightness or heavy) and sulfur level (sweet and sour/high, medium and low). Based on these two factors, there are six combinations or…

‘Naya Pakistan’

Over the last three years Pakistan has changed, but perhaps not in the way we had hoped or expected. The change that has affected us the most has been the…

Angelic upstarts

THOUSANDS of miles away from the distressing theatre of war in Europe, a starkly different drama is unfolding in a southwestern strip of Latin America. The curtain rose in Chile…

Arms and the West

The Ukraine invasion by Russia has shocked many Westerners who had this naive belief that the horrors of war would never revisit Europe – a continent that witnessed two terrible…

Old wine in new bottles

RECENTLY, Pakistan’s first-ever national security policy was unfurled to much fanfare. The new policy, we are told, seeks to go beyond the guns-versus-butter trade-off model by connecting the attainment of security objectives…

Cuban response to coronavirus pandemic — I

Since the eruption in late 2019 in China of Coronavirus (re-named COVID-19) many developing countries’ healthcare system is strained to near-collapse. Creditably, China has succeeded in controlling and ‘flattening the…