Stockholm: A US trio on Monday won the Nobel Economics Prize for research on banking’s role in the economy, especially on the importance of avoiding collapses during financial crises. Ben Bernanke, the former head of the US Federal Reserve, together with Douglas Diamond and Philip Dybvig were honoured for having “significantly improved our understanding of […]
economics
The flawed system
At least three headlines should have shaken us a nation, but didn’t. 25th March: Woman locked in chains for days and tortured by husband. 26th March: Sexually abused young orphan commits suicide after being blackmailed. 27th March: Husband with employees strips and beats wife for refusing to dance. On three consecutive days horrific crimes were […]
Pakistan-China strategic partnership
Relationship between China and Pakistan further cemented into higher level of strategic partnership with a unified vision of shared future for the regional peace and progress as Foreign Minister of Pakistan Shah Mehmood Qureshi concludes his official visit to Beijing this week to attend the first ever Pakistan-China Foreign Minister’s Strategic Dialogue. As Prime Minister […]
PM Khan vows to make Pakistan a economically sound, self-reliant state
ISLAMABAD: Prime Minister Imran Khan on Thursday said that his vision is to make Pakistan a financially viable and economically self-reliant state, by getting rid of the dependency syndrome. Addressing Pakistan Economic Fourm (PEF) the Prime Minister said that his government will deal with money laundering and smuggling identically. The prime minister said that wealth […]