Pakistani Rupee to lose further value
Pakistani Rupee to lose further value amid falling foreign reserves Pakistani Rupee will continue the downward trend not only during 2018 but also in 2019. The Rupee has already lost…
Tag: Economy
Poverty and economic policies
Part – I In 1992, the UN declared October 17 as the International Day to Eradicate Poverty. Since then, on this day governments around the world pledge to reduce poverty…
Remain Campaign picked up some momentum in EU referendum
It is too close to call as leave campaign lead shrinked Remain campaign picked up some momentum just three days before the vote on EU referendum. The latest poll showing…
US inequality continue to rise
Inequality back to 1920s level never seen before The rising inequality in America has been a major issue in the presidential nomination race so far. Senator Bernie Sanders make it…
Government is the biggest beneficiary of low interest rates
Banks making profits through investing in government papers All the tall claims by the government that the Pakistani economy is growing rapidly. And industrial growth picking up pace as large…
Capitalist greed, price hike and Ramazan
Millions are suffering because of unjustified price hike Ramadan is a holy month for Muslims around the world. Religious sentiments run high during this month. Often empty mosques filled up…
The crisis in Chinese steel industry- thousands of jobs at stake
The Chinese steel producers lost more than 100 billion yuan ($15.5billion) last year said the industry association. Chinese government is under immense pressure from the EU to drastically cut its…
Rising inequality between rich and the poor in Pakistan
Free market economy and neoliberal economic policies created huge gulf According to a recent survey conducted by a reputed audit firm exposed the inequality between the earnings of the CEOs of…
Budget 2016-17
Yet another pro- rich budget to accelerate the capitalist growth The budget The PML-N government presented yet another federal budget for fiscal year 2016-17. Finance Minister Ishaq Dar presented the…
Poverty, dodging the numbers
The number of people living in poverty has increased in last decade Lies more lies and official figures, best describe that how the government manipulate or sometime distort figures to…
How long Saudi Arabian economy can survive the lower oil prices?
By Khalid Bhatti 06/05/2016 Will the diversification drive revive the ailing economy? Many experts and commentators are debating the all important question that how the Saudi arabian economy is going…
Economic and Social Crisis
The inflation is still high. Prices of food items and essentials are continued to rise. In last four years the prices of elecricity, gas, petrol, food and other daily use…