Economy
Pakistan: EU’s GSP + Dilemma
Pakistan’s hope for revival of GSP+ benefits post expiry of current scheme is fading away as dead line of December 31 is fast approaching.
Economy — Pagina 3
Economy
Pakistan has a debt problem and China is making itunmanageable
The ongoing political and economic turmoil in Pakistan has made the country vulnerable to several crises. One of them is the mounting debt
Economy
China’s International Lending and the developing world’s indebtedness
In the past two decades, China’s global economic clout has not only increased its contribution to the global economy, but has also caused global indebtedness to rise significantly, especially among the developing world. Beijing’s international lending that is notoriously know...
Economy
Six months after removal from FTAF’s grey list, Pakistan erects a facade of compliance
More than six months have passed since the delisting of Pakistan by the Financial Action Task Force (FATF) from its grey list. However, a close look at the efforts made by Islamabad for implementing the FATF’s Action Plan reveals a...
Economy
US calls China a “spoiler” as China still “cold” over restructuring its debt to Sri Lanka
US Envoy to Sri Lanka Julie Chung made a scathing remark recently that China is a ‘spoiler’ as it is holding up Sri Lanka’s application for the USD 2.9 billion International Monetary Fund (IMF) bailout, a dire need for the...
Economy
The war in Ukraine and the Transatlantic Partnership
The Russian invasion of Ukraine, on February 24, 2022, will be remembered among the 21st century’s pivotal events, a turning point in world history. There is no aspect of today’s international relations and global economy that has not been touched...
Economy
Europe at a crossroad: the main challenges after one year of war in Ukraine
There is an old Irish joke about someone who asks for directions, and is told: I would not start from here. Advising the EU on economic strategy feels very much the same: they committed so many unforced errors, like fiscal...
Economy
Energy and technology: the incoming economic war between Europe and United States
Fair is fool and fool is fair: we must fish out Shakespeare and Macbeth to read the economic competition between the US and Europe that emerged after the approval of the Inflation Reduction Act by the Biden administration. The White...
Economy
US-China Chip War: Battle for “New Oil”
For more than a century, the scramble for oil sparkedwars, forced nations to form unusual alliances and sparked more diplomatic disputes. Now, the world’s two largest economies compete for another precious resource – semiconductors, the chips that literally power our daily...
Economy
China’s Desperate Bid to Avoid Worsening of Real Estate Crisis
A major crisis involving thousands of unfinished apartments across China awaits the government even as it tackles the severe Covid outbreak and tries to ward off an economic disaster owing to the strict lockdowns only recently lifted under people’s pressure....