The Russia-Ukraine conflict has marked its one-year anniversary since the outbreak of hostilities on February 24, 2022. The anniversary of the war has brought attention to the ongoing crisis, highlighting the continuous struggle between the...
Pakistan's economic situation will deepen in the following months as structural weaknesses and policy uncertainties boost recessionary risks, exacerbating political insecurity and security concerns. Pakistan's enormous foreign debt has gene...
Zero-COVID refers to public health policy adopted and implemented by multiple countries to counter the effects of the COVID-19 pandemic. This strategy involves the use of several public health measures like mass level testing, quarantine, l...
G7 countries finally set the highly anticipated price restriction on Russian oil at $60 per barrel on December 3, 2022. This price ceiling applies to crude oil, petroleum oils, and oils derived from bituminous materials produced in or expor...
The year 2021 marked two decades since the term "BRICS" was first used by former Goldman Sachs economist Jim O'Neill in the early 2000s to refer to the four rapidly developing nations that appeared most likely to start catching up to the We...
The People's Republic of China's economic ties with Africa up to the late 1970s were motivated by ideological imperatives but the political elite in China now sees the continent's economic ties as a way to advance the nation's development o...
The annual G20 summit is scheduled to take place on November 15 and 16, 2022. The summit this year will be a little different as both Russia and Ukraine are expected to attend. But before we get into the details, it's crucial to understand ...
The Financial Action Task Force (FATF) has added Myanmar to its category of “high-risk jurisdictions subject to a call for action” popularly referred to as the “Blacklist”. The statement from FATF stated that Myanmar continuously showed a l...
The depletion of the country's foreign exchange reserves will increase external sector vulnerabilities. The euphoria that was generated by the large increase in these reserves over the past few years has started to fade. The factors that co...
China's economy is slowing down, with its annual growth rate falling to 0.4% in the April-June period, its lowest since 1992. The country's recovery is being hindered by the combination of COVID and the falling property market. Since the ou...
In the past decade, China has lost growth in double-digits. In comparison to previous months, the GDP went down from April to June although it barely topped in the same quarter too. In this regard, economists are of the view that factories ...
In September 2021, China applied to join the Trans-Pacific Partnership, a free trade agreement among 11 countries. It was the country's first attempt to join a major trade pact since the US exited the project four years earlier. Although Ch...
