Author: Maxter ʚïɞ

This author has written 2572 articles
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Detailed SUMMARY of the [Business concerns], [Editorial], [Published on April 26th, 2024]

The editorial highlights the pressing need for the government and the business community to collaborate in resolving Pakistan’s economic crisis. Prime Minister Shehbaz Sharif recently engaged with Karachi business leaders, urging them to shift focus from rental businesses to genuine industrial and agricultural growth to boost exports. The business community raised concerns regarding the restoration of trade relations with India, resolution of domestic political instability involving the incarcerated PTI leader Imran Khan, and reduction in the cost of doing business, particularly energy prices for manufacturing. The editorial emphasizes the importance of addressing these issues collectively to overcome the economic challenges. It also suggests steps such as normalizing trade relations with India, engaging in dialogue with political » Read More…

Detailed SUMMARY of the [Debt, climate, inflation], [Ali Tauqeer Sheikh], [Published on April 25th, 2024]

The article discusses the significance of debt, climate change, and inflation in global financial discussions, particularly in the recent spring meetings of the World Bank and IMF. It highlights Pakistan’s economic vulnerabilities and emphasizes the need to integrate these issues into the country’s policy framework. The meetings addressed concerns such as debt sustainability, climate finance, and the impact of global crises on developing nations. Initiatives like the Bridgetown Initiative aim to reform the global financial architecture to address inequalities and climate challenges. Pakistan’s involvement in such initiatives, especially those related to debt sustainability and climate finance, is crucial for its » Read More…

SUMMARY of the Article “World of 2035,” by Aizaz Ahmad Chaudhry, Dawn, April 14th, 2024

The article speculates on the potential global landscape in the year 2035, highlighting the uncertainties arising from evolving geopolitics, geo-economics, and technological advancements. It identifies four theatres of global contestation: the Indo-Pacific, Europe, Middle East, and the Indian Ocean, where major power rivalries are intensifying. Shifting alliances are observed, with informal alignments forming between the US, Europe, and Australia against Russia, China, and Iran, while some middle powers opt for strategic autonomy. Multi-alignments are emerging to pursue common interests, exemplified by groups like BRICS, QUAD, and I2U2. The article also discusses six cross-cutting trends shaping global dynamics, including emerging technologies, climate change, de-dollarisation, rare earth elements competition, non-traditional security threats, and resurgent terrorism. It predicts hybrid conflicts in high-risk areas like the South China Sea, Ukraine, Middle East, Afghanistan, and Kashmir, where countries will employ various tools of national power to achieve their objectives. Despite the changing power dynamics, the US is expected to retain its leading superpower status, while China aims for peaceful rise and industrialisation. Russia seeks to revive its influence, » Read More…