Tag: Economy
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A shift in Biden’s foreign policy
US President Joe Biden has confirmed that he will visit Saudi Arabia next month. This is a shift the invasion has affected in Joe Biden’s foreign policy towards the Kingdom. The aim to be achieved by the visit is pellucid. As inflation continues to rise, due to the intrusion of Russia because of the global food…
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Fossil Fuels
Fossil fuel is a hydrocarbon containing material. Remains of dead plants and animals forms the Fossil fuels naturally in the Earth’s crust. Its deposits are present all around the world. Fossil fuel means found “buried in the Earth“, the term was first used by a German chemist, Caspar Neumann. Andreas Libavius introduces the theory that…
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Achievements and failures of President Ayub Khan
Although, the era of President Ayub Khan witnessed high growth rates and economy boomed at dramatic speeds but due to the concentration of wealth this high growth had not any impact on ordinary people. The era of President Ayub Khan from 1958 to 1969 is the most important time in the history of Pakistan since…
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CAN PAKISTAN REALLY BENEFIT BY IMPORTING RUSSIAN OIL?
Former PM Imran Khan’s demagogue claim of the Russian oil deal to ease the Pakistanis is not as simple as Imran Khan makes it look by praising India for importing Russian oil and criticizing the new Pakistani government for not pursuing Russia for cheaper oil. Imran khan claims that the so-called imported government is not…
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Pakistan increases fuel prices to unlock IMF funding
Introduction: When fuel prices increase, a larger share of households’ budgets is likely to be spent on it, which leaves less to spend on other goods and services. The same goes for businesses whose goods must be shipped from place to place or that use fuel as a major input. According to the study, after…
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The Political Economy of War
Introduction Have you ever wondered, despite being so destructive, why wars continue to be a defining and dominating feature of our political economy? The End of the Cold War It was hoped that with decolonization and the end of the cold war, the international political community would witness unprecedented stability and harmony. But unfortunately, all…
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Imran Khan Wonderland
Imran Khan Wonderland The last hope, Honest, man of integrity and awarded with many other honorary words. I would not call Imran Khan a real politician; rather, he is a social media politician. He has the power to make trends on social media. Do these trends have any impact on actual performance? Social Media Celebrity…
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Climate change; causes, effects, and solutions
Climate change; causes, effects, and solutions The variations in the weather conditions. The world is one degree Celsius warmer than the preindustrial era. The change is likely to increase by 1 to 1.5, which is very alarming. If the same rising trends continue, the temperature may reach 3-5C. This would lead to a more faster…