Saturday, December 5, 2020

#economy

UK’s economy suffers from epidemic – 600 thousand jobs lost due to Corona

Official figures indicate that the number of employees in the UK payroll fell more than 600,000 between March and May, according to the BBC, the number of people calling for work-related benefits jumped 23% in May reaches 2.8 million. Early...

Japan is facing the worst economic downturn after the war

The Japanese economy is expected to witness its worst decline since the period after the Second World War, despite the fact that the gross domestic product contracted in the first quarter less than initially thought, with global growth affected...

Bolstering the economy during the COVID-19 pandemic

As the tally of Coronavirus cases in Pakistan crosses 80,000, the impacts of the pandemic are beginning to gain strength. Pakistan faces both a humanitarian and economic challenge with continuing lockdowns causing problems for individuals and organizations alike. The...

Trump at Davos: The American economy is in the midst of biggest boom

US President Donald Trump gave a brilliant picture of the state of the US economy and its presidency in a speech at the World Economic Forum. "The American economy is in the midst of the biggest boom the world...

Mian Zahid: Majority of critical sectors showing dismal performance

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday demanded steps to end pessimism in masses and...

Central banks abandon rupee despite promises: Mian Zahid  

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday said that the central bank has left the...

Business community expresses worries over the economic situation

President Dr Arif Alvi has said that the Government is seriously striving to revive the economy and improve standard of living of masses while results of our selfless efforts will emerge soon. He said that economic revival is impossible...

Asad launches MTEF report

Pakistan's Finance Minister Asad Umar launched the Medium-Term Economic Framework (MTEF) report titled ‘Road map to Stability, Growth and Productive Employment’. The policy framework has been developed based on inputs from the Prime Minister Economic Advisory Council (EAC) and development...

GDP growth is forecast to decelerate further to 3.9% in FY2019

Macroeconomic challenges continue. Despite steps to tighten fiscal and monetary policies to rein in high and unsustainable twin deficits. To meet its large financing needs government discussing program with the IMF In addition arranging financial assistance and oil credit facilities from bilateral...

India should spend resources for public betterment instead fueling the war: AKD

Real estate and financial services giant Aqeel Karim Dhedhi commonly known as (AKD) blasted on Indian attitude even after the Prime minister of Pakistan Imran Khan released captured on peace gesture, said that the neighouring country’s public is innocent...
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Kamala Harris: “Our administration will continue to put working people front and center.”

Kamala Harris, US Vice President-elect Joe Biden, promised to return attention to the American worker and put his requirements...
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Russian Ambassador: We still have time to extend the START treaty with America

Russian Ambassador to Washington Anatoly Antonov announced that there is still enough time to extend the new "START" treaty on reducing the nuclear arsenal...

Christmas in Italy: Movement between regions banned amid high COVID toll

Italy announced a ban on movement between local areas during the Christmas holidays; In order to contain the spread of the Coronavirus (Covid-19), the...

NATO: Early withdrawal could expose Afghanistan to terrorism

NATO said that an early withdrawal from Afghanistan could leave the country a haven for international terrorism. The Secretary-General of NATO, Jens Stoltenberg, announced that...

Trump’s European allies resisted sanctions on Iranian banks

A diplomatic correspondence showed that Germany, France, and Britain urged the administration of US President Donald Trump in late October to reconsider imposing new...