Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
The euro was poised for its biggest daily rally against the dollar in almost eight months on Monday, after Spain secured help for its debt-stricken banks and as Chinese economic data was not as bad as the market had feared. The euro zone decided to lend its fourth-largest economy up to 100 billion euros ($125 […]
The main reason why the 2008 upheaval occurred was loosely monitored banking sector that showed profits and profits, nothing else, however; in reality the Enron crisis was in the making. The same happened in Europe. However, the US government and the international community for that matter needs to create units which can oversee the operation […]
More aching is the failing economy of China. During the 2008 episode, the Chinese government issue a $630 Billion easing package to the business sector, like the US, but the industry managed to get out of the crisis, unlike the US. However, the issue that remained un addressed was the encouragement of domestic consumption. The […]
The reason why the European economy ended in a free fall, yet again was the lack of any long-term financial tools. The free flow of the money from European Central Bank to the commercial and investment ones without a proper check and balance resulted in a gargantuan pile of debt that looked unacceptable in the […]
The US and the European economy stood on Achilles’ heel the whole year, meaning 2011. Although the 2008 financial crisis settled down after inflicting so much damage to the whole world, its aftermaths are still taking their toll on the employment rate and the debts and borrowing systems in both continents. The US economy is […]
One factor behind ignorance is the multi-year transition of Chinese leadership that happens once in a decade. The Communist Party is on the verge of transferring the responsibilities to their successors and their plan is to do nothing until the next generation makes it to the helm. However, there are some things that the corporate […]
The Chinese economy is tumbling down but Chinese leadership seems to ignore the fact and along with the leadership is Justin Yifu Lin, chief economist for the World Bank, who supports the ideology that the economy will continue to grow. In the latest statement, the chief said: “China has the potential to achieve another 20 […]
Much of the US population is misguided about the progress China has made and what are future prospects in good relations with the industrial counterpart. Shaun Rein, an America economic researcher/expert, has authored a book, The End of Cheap China: Economic and Cultural Trends That Will Disrupt the World that provides a deep insight into Chinese […]
Latest statistics show that China’s economy is experiencing a hard landing. When the numbers were crunched earlier this month, the results were appalling as the month of October showed a massive downfall in the inflation rate and lack of demands on the retail front. The inflation rate had been wrongly aired at 16 percent last […]
