Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Islamabad: (Saturday, August 11, 2012) Pakistan’s trade deficit in the first month of the ongoing fiscal year, July, has mounted to $ 1.6 billion. The current trade deficit is 4.7 percent higher than the figures for similar month the previous year. While explaining the increasing trade deficit phenomenon, Pakistan Statistics Department said that the pace […]
China, the once streaking economy in the world is now performing less than satisfactorily, mainly because of the foreign demand in the shape of exports. It is a no-brainer now that China is an export-driven economy and domestic consumption is just a bystander in the way. However, the lack of domestic consumption is the one […]
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 […]
Increasing Receivables will lead to fuel shortage: PSO warns The Pakistan State Oil (PSO) has informed that the amount of receivables have reached to Rs179 billion, which is due to the non-payment of the power sector and specifically PIA. The increasing amount of receivables will ultimately affect the supply chain, which will lead to the […]
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 […]
More Imports – Pakistan benefits from better relationship with India Pakistan removed restrictions on the import of 12 goods from India as part of measures to normalise trade between the nuclear-armed rivals, Pakistani officials said on Saturday. Pakistan has long been reluctant to open up trade with its neighbour because of long-running political disputes, particularly […]
