Int’l Affairs

Predicting where oil prices would go next month or next year has always been a game of hit and miss, all the more so in the past two years since the oil price crash began. Analysts forecast prices in the range US$10 to US$70 at various points in 2016, and actual prices have also had a bumpy ride, with West …

Before looking forward to 2050, we must first look back at the key economic and social developments during the past 50 years, and perhaps even further back . The rapid rise of emerging economies during the last five decades is truly astounding in the long-term historical context. Developing economies now account for over half of the global output (55%, in …

BY Malik Muhammad Ashraf Patience and perseverance are the key                In the backdrop of recent terrorist attacks in Kabul, Kandhar and Helmand which claimed nearly 60 lives including five UAE diplomats, the COAS according to a press release of the ISPR made a telephone call to the Afghan President. While expressing sympathy with the families of the victims he …

Uzair M. Younus The writer is a South Asia analyst at Albright Stonebridge Group in Washington D.C. THREE hundred and twenty billion dollars. That is the amount by which China’s gargantuan foreign exchange reserves declined by in 2016, according to the latest data that has been made available by the People’s Bank of China. Chinese reserves, which peaked at $4 …

We often hear the offensive and acrimonious expressions like “Islamist Terrorism,” “Muslim Terrorists,” and many others. Repeated ad nauseam, they now seem to become an integral part of many prominent and not-so-prominent newspapers and TV outlets, especially in the West. The term “Islamist Terrorism” indicates that Islam has something to do with terrorism; that obviously leads to wrong interpretation of …

The best test of any institution, large or small, is to ask whether we could get along perfectly well without it. In the case of the United Nations, the question arises not in some immediate practical sense as for all its well-advertised flaws it is here to stay, but because there is a new leader at the helm of affairs …

No other sizeable economy in history has ever experienced three unbroken decades of near 10% average economic growth as China did during the recent globalisation era, the legacy of economic reforms begun by its leader Deng Xiaoping. This growth in aggregate output was on average over three times greater per annum than its Western trading partners. (Tony Makin – Renowned …

Energized by the Brexit and Donald Trump’s victory in US Presidential election, Europe’s populist movements are on the cusp of sweeping far-right, nationalist and eurosceptic parties into power across the continent in a series of elections to be held in 2017. Although populist parties are already running Europe, the situation is going to get worse in the future as once …

Ending regulations on shale energy and coal, signalling the country’s intention to exit the Trans-Pacific Partnership trade deal and targeting cyber-attacks, these are the issues that top the list of Donald Trump’s plans for his first 100 days in the Oval Office. In a YouTube video, Mr Trump discussed how he intends to address trade, energy, regulation, national security, immigration …

The WEST should become the North, with RUSSIA as an essential part The “West,” as we have known it, is dying before our eyes. The liberal institutional, economic and intellectual carapace which (under both “right-wing” and “left-wing” governments) has enclosed and restricted Western thought since the end of the Cold War is now disintegrating. It has been corroded by a …