Lower oil prices defy robust forecasts for global demand
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is…
SEZs – investments for future
My experience with the Board of Investment (BoI) allowed me a deeper insight into not only the workings of the economy but the necessity of a consolidated long-term vision that…
Acute food inflation and a shallow global policy leadership response
The ‘Food security’ update recently released by World Bank indicated a very difficult food inflation situation globally, whereby it pointed out: ‘Information from the latest month between March and June…
Global economic players’ dismal policy action
International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World Economic Outlook’ (WEO). The title ‘Gloomy and more uncertain’ of the report for…
LNG procurement: global challenges
During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the renewable energy. Since then, LNG market has become very volatile, and…
Reimagining globalisation
Recent years have been witness to the world being rocked by unforeseen and unimaginable global catastrophes. The novel corona virus pandemic emerged, causing, among other things, disruptions in trade and…
Emergence of new global currency
As the sun was settling down on the British Empire, the US was flexing its economic and arsenal might to get crowned as the next Superpower by replacing Britain. With…
Global economy at a delicate crossroad – I
Global economy stands at a delicate crossroad, where wrong policy choices will be difficult to unwind in at least the short-term, and will take it away, and perhaps rather quickly,…
Sizzling US energy stock rally confronts global growth worries
A scorching rally in US energy shares has left investors facing a tough decision: hold on despite growing worries that global growth will slow or lock in profits in one…
Impediments to investment
Private investment has been declining in Pakistan for several years, which is no surprise given how rapidly private investors have been losing confidence in the economy. Investment is heavily based…
