At a Senate Banking Committee hearing of 28 September 2021, US Treasury Secretary, Janet L. Yellen, warned US lawmakers on 28 September of “catastrophic” consequences, if Congress failed to raise or suspend the statutory debt limit by 18 October 2021, saying inaction could lead to a self-inflicted economic recession and a financial crisis. Then on […]
Headlines: European Rights Body Asks Austria to Withdraw Controversial Islam Map Pakistan’s Trade Deficit Increases Anger Brewing on Indian Archipelago Over Anti-Muslim Legislation Further Evidence of Genocide at Canadian ‘Residential School’ Pakistan and Afghanistan, Turkey and Kurdistan
The government has set higher targets for rates of economic growth, inflation and fiscal deficits for the next fiscal year. This is partly based upon irrational exuberance about this year’s growth indicators and partly on tacit approval by IMF for an expansionary policy stance. The façade of current growth claims is evident from the on […]
• Capitalist Economics Makes Basic Necessities Out of Reach of the Common Man • Pakistan’s Economic Crisis Cannot be Glossed Over by False Hopes. Nothing less than Ruling by Islam will Fix it Capitalist Economics Makes Basic Necessities out of Reach of the Common Man Facing severe public criticism over price hikes of several items […]
