Author: admin
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May 2024
Kazakhstan’s ‘steady as she goes’ approach to international relations continues. President Tokayev is still walking a tightrope between the East, the West and Russia. At the same time he is dealing with the biggest domestic floods for 80 years so home affairs have been his major focus in April. As May begins his priority will…
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May 2024
Pakistan urgently needs a new IMF programme. It is also crying out for immediate economic reforms. The nation sits on a cliff edge in danger of a fall into a debt restructuring. We have a new government but are they up to the task? Coalition governments often make poor economic decisions as they try to…
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February 2024
Pakistan remains completely cash strapped, pushing it to go cap in hand after loans and extensions in attempt to reduce pressure on external debt payments. Election campaigns are continuing quietly and voting day is not far away. Taking control of a country on the brink of bankruptcy is not a job for everyone but whoever…
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May 2024
Pakistan urgently needs a new IMF programme. It is also crying out for immediate economic reforms. The nation sits on a cliff edge in danger of a fall into a debt restructuring. We have a new government but are they up to the task? Coalition governments often make poor economic decisions as they try to…
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May 2024
Iran and Israel took the Middle East region to the brink of war this month as Israel’s assumption that Iran would not respond to a strike on diplomatic premises in Damascus proved flawed. Both sides resisted their own hardliners' demands to escalate, but even their more-limited responses have crossed a Rubicon.…… Read the rest
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May 2024
The clocks have changed in Egypt and summer has officially begun but what is also becoming apparent is that Egypt is not only on a new time, it is entering a new economic era. The average Egyptian continues to struggle with an ever-increasing cost of living but we are seeing some surprisingly mature financial choices…
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May 2024
In the run-up to May’s critical upazila (local) elections, the main opposition party, the BNP, have expelled 73 members of their party for preparing to take part in the election, thereby violating the BNP’s decision to not take part. The IMF has, for the second time in recent months, reduced its GDP growth forecast (down…
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April 2024
In a world constantly rocked by shifting power dynamics and unpredictable global challenges, Kazakhstan’s even-handed international policy approach should be studied by all nations wishing to strengthen their sovereignty but still actively participate in world affairs. Tokayev continues to masterfully prioritize diplomatic and economic cooperation with China, Russia and the West.…… Read the rest
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April 2024
The seemingly daily blame-game between the two main political parties continues apace, with the two blaming each other for a lack of democracy in the country. On the economic front, exports continue to surge with a third consecutive month of USD 5-billion plus earnings, while remittance collection also continues to show good numbers.…… Read the…
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April 2024
This month it is all about the money. As March opened USD1 was trading at EGP30.89. As it ended USD1 bought you EGP47.25. The much-anticipated floatation of EGP was long overdue – indeed, we predicted it six months ago. The knock on impact on prices has been painful for many but there has still been…