Gradually the invisible government of the establishment is becoming visible, as the bad governance of the Khan-led PTI government and its inability to bring the opposition parties to the table for a cohesive national action plan for fighting the Covid-19 pandemic and its impact on country’s economy has left the establishment with virtually no option […]
Countries from Italy to New Zealand have announced the easing of coronavirus lockdowns but British Prime Minister Boris Johnson, back at work on Monday after being in intensive care with the disease, said it was too soon to relax the restrictions. Nearly 3 million people have been infected by the coronavirus across the world and […]
The historic crash in oil prices in the wake of the coronavirus pandemic is reverberating across the Middle East as crude-dependent countries scramble to offset losses from a key source of state revenue — and all this at a time when several of them already face explosive social unrest. Read Here – APNews
Halting the pandemic that is ravaging much of the world should be everyone’s top priority, but delaying an independent review of national and international responses won’t slow the spread of the disease. Waiting to initiate such an inquiry will only deprive the WHO and its member states of valuable feedback that could help them improve […]
Unemployment in the U.S. is swelling to levels last seen during the Great Depression of the 1930s, with 1 in 6 American workers thrown out of a job by the coronavirus, according to new data released Thursday. In response to the deepening economic crisis, the House passed a nearly $500 billion spending package to help […]
India has stepped up scrutiny of investments from companies based in neighbouring countries, in what is widely seen as a move to stave off takeovers by Chinese firms during the coronavirus outbreak. India’s trade ministry said in a notification dated April 17 the changes to federal rules on investment were meant to curb “opportunistic takeovers/acquisitions”. […]
President Donald Trump wants to get as many Americans back into the workplace as quickly as possible, but every metric he laid out this week for reopening the country has major flaws. Diagnostic testing has improved, but still lags behind what most public health experts say will be needed to keep the virus at bay. […]
China’s economy shrank by 6.8 per cent in the first quarter of 2020, the first contraction since the end of the Cultural Revolution in 1976, confirming the economic damage done by the coronavirus pandemic. Over the first three months of the year, the world’s second largest economy faced an extensive shutdown as it battled to […]
Despite the obvious public health benefits of suspending the umrah and hajj, Saudi Arabia will pay a heavy cost for its prudence. Pilgrims bring in billions of dollars to the country every year, so the Saudi economy will suffer as long as the crisis lasts. Another loss is less quantifiable, but just as significant: pilgrimage […]
President Donald Trump is squabbling with governors and calling on a new council of corporate executives as he tries to reopen the American economy as quickly as possible. But his powers are limited not just by the Constitution but by the fact that he has limited sway over the real economy. Read Here – Politico
looking beyond borders 