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: IMF
Brazil in a vortex
For many years, Brazil has been billed as a successful model of capitalist development, democratic transformation and political stability by the international capitalist ruling class and institutions like the World…
Leave Campaign is leading the EU referendum despite the warnings from European Union leaders
Lies, fears and deceptions dominating the debate on EU referendum EU referendum is just one week away. The voters will decide the future of Britain in EU. The older people…
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…
Austerity and Job cuts started to bite UAE
by Khalid Bhatti 23/05/2016 Thousands of jobs under the axe Abu Dhabi’ National Oil Co (ADNOC) which has around 55,000 workforce wants to reduce 5000 jobs till Dec 2016. ADNOC…
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…
Pakistan Perspectives : Political Situation
Political Situation Finally, Pakistan experienced for the first time that a democratic government has handed over the power to the other democratically elected civilian government. The interim government has handed…
Women and children most at risk in flood-hit areas
By Rukhsana Manzoor 27/08/2010 “Criminal negligence” of government and the super-rich Poor women and children are suffering the most in the flood-affected areas of Pakistan. Starvation, water-borne diseases, lack of…
Swat Valley nightmare
By Khalid Bhatti 12/08/2009 In April 2009, the Pakistani government announced that it would carry out military action against Pakistani Taliban militants in the Swat district in the North West Frontier…
Pakistani economy on the brink
By Khalid Bhatti 17/11/2008 The economic tsunami hits the masses hard The Pakistani economy is facing its worst crisis in a decade, with massive trade and budget deficits, plunging foreign…