Wednesday, April 1, 2020

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Tag: economic crisis

COVID 19 – Panic Mode

The fact is that the Pakistan Stock Exchange (PSX) continues to witness nothing short of a bloodbath as the KSE-100 continues to decline and the Market is being halted on a daily basis as the triggers are being tripped. Close to Rs.400 Billion has been wiped off in value - the biggest decline in 10 years. The Rupee continues to fall against the USD and has lost close to Rs.4.00 and fallen to Rs.159 in the interbank market. Gold continues to rise. The Growth rate has been revised by Moody’s to around 2.5 per cent, which is also starting to appear optimistic. Utter mayhem. Yet, this is not an isolated event for Pakistan, but something that is being witnessed on a global scale. Other economies have been more proactive and put in place measures to try and reduce the fallout from the current situation

PM Khan’s China Visit

Spearhead Analysis – 03.12.2018 By Shirin Naseer Senior Research Analyst, Spearhead Research In Foreign Minister Shah Mehmood Qureshi’s October visit to the United States he urged the United States...

Pakistan: the tough road ahead for Imran Khan

By Adnan Aamir The first major challenge Imran Khan will face as the next Prime Minister of Pakistan is from the opposition parties. In the general elections,...

Malala and Beyond

The striking photograph of a single man facing a tank with upraised arms in Beijing’s Tian An Men Square galvanized China and the world...