Managing public investment the mission-oriented way Two renowned intellectuals – Greece’s former finance minister Yanis Varoufakis, and columnist for Guardian ... Updated 24 Nov, 2023 06:37am
Opinion Important global economic challenges Decades of neoliberal assault of advocating greater market fundamentalism, and lesser government regulation produced... Updated 20 Oct, 2023 06:33am
Opinion World Bank needs to revisit its policy and lending focus In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the... Updated 06 Oct, 2023 09:56am
Business & Finance Bank of England projects 100 billion pound loss for QE programme LONDON: The Bank of England estimated on Friday that its quantitative easing programme would rack up a total... Published 28 Apr, 2023 06:26pm
Opinion Shock therapy neoliberal market reform in Pakistan One can only be shocked to see the lack of understanding by local media, and many of their guests on TV shows... Updated 28 Apr, 2023 06:28am
World US lending slowed last month on banking concerns: Fed WASHINGTON: Lending declined in many parts of the United States over recent weeks, the Federal Reserve announced... Published 20 Apr, 2023 12:19am
World US Fed warns of 'widespread' inflationary pressures WASHINGTON: The Federal Reserve warned Wednesday that the United States still faces "widespread" inflationary... Published 09 Mar, 2023 01:24am
BR Research Caught in the crossfire? While the government is getting considerable flak due to the long delay in IMF program revival and resulting... Published 06 Mar, 2023 08:25am
Opinion The darkness deepens They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in... Published 25 Jan, 2023 06:25am
Business & Finance Most CEOs gloomy on growth in more than a decade: PwC survey DAVOS: Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial... Published 23 Jan, 2023 05:57am
Business & Finance Yellen says a US default could cause global financial crisis DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global... Published 21 Jan, 2023 06:41am
Opinion Gated UK property funds are open to further risk UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout... Published 12 Jan, 2023 06:26am
Opinion IMF policy needs a serious rethink The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy... Published 16 Dec, 2022 05:58am
Opinion Austerity and SDR allocation The world is suffering from multiple crises — from strong inflationary headwinds to low growth — at the back of... Published 21 Oct, 2022 05:57am
Business & Finance Global Economy: Factory data dampen global ‘soft landing’ hopes LONDON/TOKYO: Global factory growth stalled in June as higher prices and a darker economic outlook left consumers... Published 01 Jul, 2022 07:18pm
World World Bank’s Reinhart sees ‘long haul’ before any debt reductions for developing countries MADRID: World Bank chief economist Carmen Reinhart said it could take many more years before the growing number of... Published 29 Jun, 2022 07:01pm
Business & Finance PIA reports revenue shortfall for 2021 KARACHI: The Pakistan International Airlines (PIA) has reported a revenue shortfall for 2021 as compared to 2020,... Published 29 May, 2022 06:48am
Business & Finance Fraying central bank consensus spurs dollar and market stress: McGeever ORLANDO: The highest inflation in decades is unraveling whatever policy consensus there was between the world's ... Published 04 May, 2022 11:18am
Opinion The cost of IMF programme Pakistan has been a prolonged user of International Monetary Fund (IMF) resources since the decade starting 1990,... Published 29 Apr, 2022 05:43am
Opinion ‘Black swan’ LME nickel chaos shows regulators still missing market risks Last month’s chaos in London Metal Exchange nickel trading has shone a light on the failure of a core reform from... Published 14 Apr, 2022 04:55am
Opinion How the world has changed—II The above (carried in the first part of this two-part article) appears to paint a rather bleak picture of the future... Published 31 Mar, 2022 05:11am
Business & Finance Britain cedes control of bailed-out NatWest bank LONDON: Britain announced Monday that it has ceded control of bailed-out bank giant NatWest, cutting its stake to... Published 30 Mar, 2022 06:08am
Business & Finance Russian default no longer ‘improbable’, but no trigger for financial crisis: IMF WASHINGTON: Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but... Published 14 Mar, 2022 07:22am
Business & Finance Russian default no longer 'improbable', but no trigger for global financial crisis: IMF WASHINGTON: Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but... Published 13 Mar, 2022 10:01pm
Opinion Pakistan should leave IMF programme Pakistan should come out of the International Monetary Fund (IMF) programme, pursue active economic diplomacy, and... Updated 22 Oct, 2021 04:54pm
Business & Finance Bank of England targets 'failures' in banks' trading books "The PRA considers this lack of capabilities to be a market failure, posing risks to the PRA's safety and soundness objective, and has therefore decided to clarify its expectations in this area," says BoE Updated 08 Oct, 2021 05:50pm
Opinion SDRs: Allocation, reallocation, and fiscal usage Writing in the wake of the Global Financial Crisis (GFC) in 2009 in a Project Syndicate published article ‘The new... Published 27 Aug, 2021 04:52am
World Natixis fined 7.5m euros in subprime case PARIS: French bank Natixis was fined 7.5 million euros ($9 million) Thursday after it was found guilty by a criminal... Published 25 Jun, 2021 04:20am
Opinion As Fed taper looms, global central banks eye their own exits from stimulus Haunted by memories of past US interest rate hikes, the world’s central banks are laying the groundwork for a... Published 11 Jun, 2021 03:41am
Opinion Tarin’s plan falls short of needed reform approach — II The 1990s’ world was mostly a neoliberal world with the Washington Consensus-styled policies such as small... Published 18 May, 2021 05:05am