The world has started moving away from the US currency. Though the US has come out of the recession, but the recovery is very weak and things are not taking up. Jobs, businesses and the production sectors are still very fragile and cautious, and the consumer spending in US is very discouraging.
In this scenario, it [...]
Mr Shaukat Aziz, Ex-Prime Minster of Pakistan, became Prime Minister through a shortcut route, due to it he was nick named as ‘Short-cut Aziz’. His policies were to snatch hard earned money of the nation through various offers from the banking sector (credit cards, loans etc) and to strengthen the banking sector, coz he was [...]
Why the Dollar Bubble is about to Burst? IRAN HAS REALLY DONE IT…more deadlier than the nuclear.. The Voice (issue 264 -) ran an article beginning, ‘ Iran has really gone and done it now. No, they haven’t sent their first nuclear sub in to the Persian Gulf . They are about to launch [...]
The sharp fall in the rupee against the steadily falling dollar in the backdrop of horrendously rising oil prices, and the melting down economy with no outside investment whatsoever coupled with contorted inflation has posed grave challenges for the new government.
The above worries have become even more worrisome as the new government in its fourty [...]
I have to go to Karachi on a short trip and return was planned the same day. Therefore, I asked my brother to book a seat in Pakistan International Airline (PIA). He did the same and gave me the confirmation code and the fare was amounting to Rs 11,740. The seat’s booking validity was 24 [...]
