Pakistan’s financial policymakers are facing renewed pressure to rethink the country’s foreign reserve strategy as geopolitical tensions intensify across the Middle East. With fears growing over a prolonged conflict in the Gulf region, experts are warning that reliance on the US dollar could expose vulnerable economies like Pakistan to significant financial risks. Recent discussions among […]
A recent global comparison of average monthly salaries has highlighted the stark income disparities across countries, with several developing economies ranking among the lowest. According to data attributed to the World Bank, Pakistan tops the list of countries with the lowest average monthly salaries in 2023, raising important questions about economic conditions and wage growth. […]
International diesel prices have surged past $140 per barrel, reaching levels not seen since the global energy shock triggered by the Russia–Ukraine War. The sharp rise signals renewed pressure on global fuel markets and raises concerns about potential economic ripple effects across multiple sectors. According to market data compiled by Topline Securities, diesel prices had […]
Hydrogen-powered airplanes, often promoted as a future solution to reduce aviation’s carbon footprint, are unlikely to become a practical reality in the near term, according to the head of France’s leading aircraft engine maker Safran. The assessment casts fresh doubt on ambitious timelines set by parts of the aviation industry to transition away from fossil […]
Lebanese Prime Minister Nawaf Salam is set to announce a long-awaited banking law draft that aims to address the massive financial losses stemming from the country’s 2019 economic collapse. The move marks a critical step in Lebanon’s stalled reform process and comes amid sustained pressure from the international community to overhaul the country’s troubled financial […]
