Sri Lanka is in huge distress due to the ongoing economic crisis. The country is witnessing a critical balance of payments issue wherein its foreign exchange coffers are dwindling at a rapid rate. This has led to irreversible problems makin...
The industrial controls and factory automation market in Japan is expected to grow at a steady rate of 11.20per cent during the next few years. The emergence of COVID-19 has prompted the manufacturing industry in Japan to re-evaluate its tr...
Rising commodity prices will have a negative effect on global growth. It will also increase the pressure on global inflation, as it will lead to higher prices for food and energy and on many other commodities. Although the effects of rising...
The Sri Lankan economic crisis is a long-running catastrophe in the island nation that began in 2019 and has become the country's worst economic predicament since its independence in 1948. It has resulted in record levels of inflation, near...
Last month, Shehbaz Sharif became Pakistan's 23rd Prime Minister after two months of intensive politicking and conflict. His appointment came after Pakistani Prime Minister Imran Khan was forced to resign following a no-confidence vote. He ...
According to The New York Times, the European Union is contemplating "smart sanctions" against Russian oil imports, as per the statement by Valdis Dombrovskis, the European Commission's executive vice president. [1] The EU, on the 25th of A...
The Covid-19 lockdown in Shanghai has raised concerns about China's economic outlook for the rest of this year. This week's release of first-quarter gross domestic growth data will provide a clearer indication of how policymakers in Beijing...
In the two months since the conflict in Ukraine began, Russia has taken various steps to counter the West's economic interests. While it can claim victories, the full impact of the sanctions is starting to be felt. The West imposed various ...
Global oil prices witnessed a surge during the recovery period after COVID-related lockdowns. It rose to nearly 100 USD per barrel as the demand for oil increased. Oil is correctly termed as ‘black gold’ because it is accounted as the most ...
Four weeks have passed since Russia began its military invasion of Ukraine. Over the last few months in 2021, Russia was building up its military presence along the border with Ukraine in an overt response to increasing NATO expansion eastw...
Pakistan has found itself in the eye of the storm yet again due to its mounting external debt that has kick started a debt crisis for the country, and has put it amongst the nations suffering a downtrodden economy. Moreover, this has furthe...
Groupe d'action financière, or worldwide known as "Financial Action Task Force", has gained tremendous currency in the last couple of decades, especially following the tragic 9/11 terror attacks at the heart of hegemon-the United States. Th...
