Category: Economy
-
Germany’s Recession: Impact on Consumer Spending and Economic Outlook
Germany has fallen into a recession due to the energy price shock of last year, which has impacted consumer spending. The Federal Statistical Office has downgraded its previous estimate of zero growth in gross domestic product (GDP) compared to the previous quarter. Claus Vistesen, chief euro area economist at Pantheon Macroeconomics, believes that the shock…
-
Understanding Pakistan’s economy: growth, challenges, and impact of terrorism
Pakistan’s economy has faced several phases of growth and development since 1947. Although industries like textiles, chemicals, and engineering emerged as important drivers of economic growth, the country has faced numerous challenges, including political instability, poor governance, and a lack of investment. Terrorism has had a significant impact on Pakistan’s economy, both directly and indirectly,…
-
Atma Nirbhar Bharat – Self-Reliant India: A Great Initiative
It is likely that as the initiative continues to gain momentum and its impact on the Indian economy becomes more apparent, it may receive more attention and recognition from global leaders.
-
Economic Crisis in Pakistan #EconomicCrisis #Pakistan
It is difficult to say which sects are “weaker” or “dominant” in Pakistan, as the balance of power and influence between different sects can vary depending on the region and the specific political, economic, and social factors at play. However, it is generally accepted that Sunnis are the largest sect in Pakistan and have significant…
Pebble's Galaxy 