IMF Chief Kristalina Georgieva recently stated that the world is entering a recession that will be worse than that following the global financial crisis in 2009. US President Trump is already talking about a “task force” to revive the US economy. Potentially among the countries likely to be hit hardest in the aftermath of COVID-19,…
The medium of modern Communications are television, internet, cinema, newspapers, radio, magazines and social media. Having become the basic needs of any society, they facilitates exchange of information, organizing of daily lives, economy, culture and developing of ideas. The tools of mass communication are a means to transmit information and opinion, to entertain, teach and…
Dear Readers, Pakistan’s Senate approved a law in Jan 2020 that allows the government to extend the term of the country’s Army Chief. Previously, extensions were granted to several Army Chiefs, either by themselves when ruling the country, or by a civilian prime minister. It certainly is rare for an Army Chief to say: ‘I…
Despite relentless critique by the opposition bent upon making political capital out of potential catastrophe, and virtually in confront the media “sold” out on selling misinformation, distortion of facts and spreading lies across a broad swath of the masses, force multiplied by a truly irresponsible social media. PM Imran Khan’s govt is still coping well…
Ordered to sit at home because of the coronavirus epidemic to avoid infection social contact has been outlawed. Apart from touching other people, we even start being afraid to touch door knobs, handrails and other surfaces. Cash money, anyway known to be dirty, is now suspected to be a carrier of the virus and able…
Sr. Central Bank Interest Rate Countries (%) 1 Above 20%(Total Contries) Argentina (38), Zimbabwe (35), Liberia (30), Yemen (27), Suriname (25), Venezuela (23.15), Haiti (22) 2 PAKISTANBetween11- 20% (Total=17 countries) Iran (18), Sierra Leone (16.5), Uzbekistan (16), Sudan (15.7), Angola (15.5), Ghana (14.5), Malawi (13.5), Nigeria (13.5), Mozambique (12.75), Tajikistan (12.75), Guinea (12.5), Pakistan (12.5),…
The stock market crash of October 1929 sent Wall Street into a panic, wiping out millions of investors. Lasting from 1929 to 1939, it reached its lowest point by 1933 making some 15 million Americans were jobless and nearly half of the country’s banks had failed. Over the next several years, consumer spending and investment…
The global demand for fresh water resources has escalated dramatically over the last few years, especially in light of rapid population growth and widespread urbanization across the globe. Moreover, as the impacts of climate change and stresses of resource scarcity gain further traction, societies are increasingly hard pressed to find effective and sustainable solutions to…
More than seventy years into independence Pakistan continues to be bedeviled by major socio-economic challenges, to its credit many have been overcome but not all problems have been resolved. The major threat of terrorism was effectively dealt with by the Pakistan Army and other law enforcement agencies (LEAs) at a huge cost in men and…
Dear Readers, Pakistan’s initial response in the weeks since Pakistan’s first few confirmed cases of coronavirus laid bare the weaknesses in public health and economic stability, questions were raised about Pakistan’s capacity to weather a large scale outbreak. With factories and businesses shutting down and owners unable to meet overhead costs, many workers had to…
