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Grand projects

Saudi Arabia has decided to revive its proposal to establish an oil refinery and petrochemical complex in Gwadar, Balochistan with heavy investment. The petroleum refinery project which was stalled since 2019, will be based on state-of-the-art deep-conversion technology to be...

Price cap

Just a month before the Group of Seven rich countries plan to cap the price of Russian oil, officials are racing to finalize details, leaving traders, shippers and insurers with questions about the price level and how it will...

Decision making

Every single day, regardless of who we are, we end up making several decisions. Even the mundane and run of the mill daily grind requires decision making. Nobody just opens the closet and pulls out a set of suits (clothes), ties or cuff links, randomly - we plan, the day...

Crypto crash

A year ago this week, investors were describing bitcoin as the future of money and ethereum as the world’s most important developer tool. Non-fungible tokens were exploding, Coinbase was trading at a record and the NBA’s Miami Heat was just into its first full...

Feeling down and under

None, professional or otherwise, can claim to have lived all his/her work years, in the glow of full sunshine. All of us experience, day in and day out, sometimes only for moments or in extreme cases, for years, when the sunshine hides behind very dark clouds. These clouds...

Twitter takeover

Elon Musk’s Twitter buyout is a done deal. For just $44 billion, he owns what he once referred to as a “de facto town square.� He also, it seems, owns all of Twitter users’...

Lessons for Gwadar

The development of the port city has been the subject of debate in economic geographers’ and urban planners’ circles. Whether it is London, New York, or Karachi, major cities all over the world originated and flourished initially as a result of port-related...

Economic meltdown

Pakistan initiated economic stabilisation and structural reform programmes in 1988. In an effort to reduce internal financial imbalances and external deficits, however, there have been challenges with consistency and hierarchy in the implementation of these policies. The...

Inflation hedge

Inflation is wreaking havoc with invested wealth. Except for commodities, all major asset classes – ranging from U.S. leveraged loans to emerging market equities – have lost money so far this year. Investors are scrambling to protect their assets against the...

New entrants vs old guards

Perhaps there isn't any position starting from Management Trainees (inclusive of all new joiners either in bureaucracy or private sector) to the CEO or the Secretary, where a new entrant is not given a tough time by the old guards. Why they do it, is for the psychologist to...