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Economic Crisis
Saudi’s reluctance to offer help to Pakistan, a wake up call, signals new geopolitical contours
IANS -
Saudi Arabia's reluctance to provide any meaningful financial assistance to Pakistan, which is currently in the middle of an unprecedented economic crisis, is a...
Pakistan Defence Minister acknowledges country has already gone bankrupt
IANS -
Pakistan's Defence Minister Khawaja Asif suggested on Saturday that one-fourth of Pakistans debt could be paid off if only two golf clubs built on...
COVID then & now: new risks & opportunities
The economies have come a long way from the first spread of the COVID-19 pandemic in December 2019 to the emerging waves in 2023....
The US and its struggling economic universe
IANS -
The US Fed is targeting the inflation and unemployment numbers in its crosshairs, even as it contemplates the concept of a soft landing at...
Credit Suisse fighting for its survival
IANS -
Speculation surrounding the future of the Swiss banking giant, Credit Suisse has been going on for several months in the markets, in business and...
Is Pakistan up for sale as ‘friendly’ countries seek prized assets?
IANS -
Pakistani Finance Minister Miftah Ismail has said that Qatar is keen to buy out two Pakistani LNG-fired power plants based in Punjab province. The...
Amid droughts, Europe may have to source more food from Bharat
IANS -
Will the intense heatwave and droughts in Europe affect its food security at a time when it is already struggling with acute energy shortage?...
Sri Lankans blame ruling Rajapaksa family for economic mess as country faces forex crisis
IANS -
In 2019, the year when Sri Lanka's President Gotabaya Rajapaksa took over, the foreign exchange reserves of the country stood at $7.5 billion. In...
Why is inflation surging around the world?
High inflation is wavering the global economic outlook. Organisation for Economic Co-operation and Development (OECD) forecasts that global growth is set to hit 5.6% this...
Lockdown will lead to collapse of economy, says Telangana CM
IANS -
Making it clear again that lockdown will not be imposed in Telangana, Chief Minister K. Chandrasekhar Rao on Thursday said such a move would...