Reluctance to change
Now that the dust has finally settled over the Panama case verdict, we’re perhaps in a better position to turn towards less urgent problems that we are facing. These include…
Slowdown of manufacturing
The government has set an ambitious GDP growth target of 5.7 percent for the current financial year. The leading sector is expected to be the manufacturing sector with a growth…
Economic Survey: government needs to work harder
The government of PML-N last month entered the fourth year of governing the country. President Mamnoon Hussain while addressing a joint session of parliament earlier this week stated: "The successful…
Japan: one more failure of inequality model
Stagnation and deceleration of economy of Japan are extremely important to understand for all. GDP of Japan in 1955 was USD 8.369 billion and in 2000 it was USD 4.731…
Taking on Tesla: China’s Jia Yueting aims to outmuscle Musk
Tomorrow's cars will be all-electric, self-driving, connected to high-speed communications networks ... and free. And probably Chinese. That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and…
The face value of low interest rates
In a rather surprising move the Governor of State Bank of Pakistan (SBP), while announcing the monetary policy at a press conference last weekend, reduced the interest rate to a…
Brazil autoworkers fearful of future amid sales slump
Manuel Domingos constantly fears being placed on mandatory leave, like thousands of fellow workers at an auto factory outside Sao Paulo, proof of the major downturn in Brazil's once powerful…
Mexico overtakes Japan as No 2 car exporter to US
Mexico's booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second biggest car exporter to the United States in the past three months. The…
Pakistan Steel Mills: What the future holds?
Pakistan Steel Mills (PSM) has been much in the news for the past decade or so and with cumulative losses soaring to over 100 billion rupees no coverage has understandably…
Germany goes to bat for carmakers in EU environmental ‘war’
In the European Union, economic giant Germany is rarely known to be an easy partner. But when its automobile industry is at stake, the gloves really come off. In the…
