4 mn read The world’s 7th and 1st Islamic nuclear power Pakistan is passing through the worst economic crisis. The current fiscal situation in Pakistan is very poor, independent analysts are saying if the situation will not be tackled adequately, the future of Pakistan will not be different from Sri Lanka.
5 mn read The latest IPCC (Intergovernmental Panel on Climate Change) report has never been so alarming, natural disasters are multiplying, and more and more climate refugees are fleeing their lands. The current context pushes citizens and companies to act for the planet in view of the political inaction that a large part of the population considers. 76% of people agree that CEOs should take the lead on change rather than waiting for government to impose it (an 11-point increase from the 2018 study). But what role do companies have nowadays in the face of the climate emergency?
4 mn read Under the banner of the Economic Cooperation Organization (ECO) – a 10 member’s regional cooperation organization with 3 founding states Pakistan, Iran and Turkey, Islamabad –Tehran– Istanbul (ITI) Road Transport Corridor started its operation last month. On September 27, 2021 a convoy of trucks began its journey from the financial hub of Pakistan Karachi and reached the metropolitan city of Turkey, Istanbul on October 7, 2021 covering 3292 miles (5300 Kilometers). Under the Transports Internationaux Routiers (TIR), initially 2 trucks of National Logistic Company (NLC) arrived at Istanbul via Iran. The event marked the successful delivery of commercial cargo on Pakistan’s trucks to Turkey.
3 mn read Talking with Oussam Habib, a Lebanese journalist specialized in economics and banking, Eat News explores the economic predicament in Lebanon that might leads to a social explosion. Lebanon’s ailing economy can only be rescued if the international community injected massive financial aid over the next five years provided that this assistance is matched by radical reforms, an economist said.
4 mn read China has again regained its position as India’s biggest trading partner in 2020. Despite of bitter relation both the countries have among each other, the statistics clearly led to this news. According to the provisional data provided by the India’s Ministry of Commerce, the trade between both the countries was approximately of $77.7 billion in 2020. Although the figure is quite low from 2019 comparatively.
