AIRLINK 195.99 Increased By ▲ 4.15 (2.16%)
BOP 10.06 Increased By ▲ 0.19 (1.93%)
CNERGY 7.78 Increased By ▲ 0.11 (1.43%)
FCCL 37.86 No Change ▼ 0.00 (0%)
FFL 15.80 Increased By ▲ 0.04 (0.25%)
FLYNG 24.90 Decreased By ▼ -0.41 (-1.62%)
HUBC 130.90 Increased By ▲ 0.73 (0.56%)
HUMNL 13.80 Increased By ▲ 0.21 (1.55%)
KEL 4.63 Decreased By ▼ -0.04 (-0.86%)
KOSM 6.23 Increased By ▲ 0.02 (0.32%)
MLCF 44.75 Increased By ▲ 0.46 (1.04%)
OGDC 208.20 Increased By ▲ 1.33 (0.64%)
PACE 6.62 Increased By ▲ 0.06 (0.91%)
PAEL 40.49 Decreased By ▼ -0.06 (-0.15%)
PIAHCLA 17.60 Increased By ▲ 0.01 (0.06%)
PIBTL 8.05 Decreased By ▼ -0.02 (-0.25%)
POWER 9.31 Increased By ▲ 0.07 (0.76%)
PPL 179.10 Increased By ▲ 0.54 (0.3%)
PRL 39.50 Increased By ▲ 0.42 (1.07%)
PTC 24.20 Increased By ▲ 0.06 (0.25%)
SEARL 109.50 Increased By ▲ 1.65 (1.53%)
SILK 1.01 Increased By ▲ 0.04 (4.12%)
SSGC 38.01 Decreased By ▼ -1.10 (-2.81%)
SYM 18.85 Decreased By ▼ -0.27 (-1.41%)
TELE 8.58 Decreased By ▼ -0.02 (-0.23%)
TPLP 12.15 Decreased By ▼ -0.22 (-1.78%)
TRG 65.15 Decreased By ▼ -0.86 (-1.3%)
WAVESAPP 12.27 Decreased By ▼ -0.51 (-3.99%)
WTL 1.68 Decreased By ▼ -0.02 (-1.18%)
YOUW 3.93 Decreased By ▼ -0.02 (-0.51%)
BR100 12,052 Increased By 121.2 (1.02%)
BR30 35,794 Increased By 134.6 (0.38%)
KSE100 114,553 Increased By 1346.2 (1.19%)
KSE30 35,994 Increased By 428.3 (1.2%)

This is apropos "EU is 'falling apart' Soros warns" carried by Business Recorder on Saturday. According to it, American financier George Soros has warned that the European Union is 'falling apart'. "The EU is falling apart," Soros told a collection of WEF participants, including journalists. "You have a panic in the European asylum policy," he said. He has said China's economy was experiencing a hard landing, the US Federal Reserve raised interest rates too late, and Republican presidential front runner Donald Trump was "doing the work" of the Islamic State (IS) group.
Whatever Soros, the magnet and philanthropist, has said at the World Economic Forum (WEF) makes great sense. Victor Hugo's 'European dream' is testing the hardest times of its existence. The establishment of the European Central Bank (ECB) has done little or nothing towards creating a greater integration in Europe. The financial crisis of 2008 is still telling on the continent in a meaningful manner. The 'Greek tragedy' in particular is a major cause behind EU's woes. Whatever he has said about the US policy in relation to the IS is nothing but truth.

Copyright Business Recorder, 2016

Comments

Comments are closed.