February 2019

Jahangir’s World Times

The Middle East in 2019

The Middle East in 2019

The year 2018 witnessed many important political affairs in the Middle East; from Syrian civil war to Israel-Palestine peace process stalemate, from the war against ISIL in Iraq to the warfare in Yemen. Although the dawn of peace emerged in some regional wars, the year 2019 might be another tumultuous year for the Middle East and regional states. Since many …

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The World’s Next Superpower Can the EU Fill America’s Shoes?

The World's Next Superpower

Europe is gradually emerging as the world’s new superpower. Experts believe that within a couple of decades, the European Union will equal – if not surpass – the United States as the dominant economic force on the world stage. At present, the EU is enormously prosperous and technologically advanced. It encompasses four of the Big Seven economic powers: Germany, Great …

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Why World Economy is so Fragile?

World Economy

According to Goldman Sachs, the momentum of global economic growth slowed markedly in 2018. The most globally significant slowdown has been in the Chinese economy – the main engine of global growth since the financial crisis of 2007-08. But, Germany and Japan also recorded economic contractions in the third quarter of last year, i.e. 2018. Stock markets have also been …

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The Next Financial Crisis

Financial Crisis

The Making of a 2020 Recession “Remove the crutches that have supported global growth for a decade, throw in a trade war between the world’s two largest economies, add a dash of wage inflation and a side dish of Brexit and you have a recipe that may prove rather unpalatable to global markets in 2019.” — Bonham Carter Vice Chairman …

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THE US GOVERNMENT SHUTDOWN and the Primacy of the President in International Affairs

THE US GOVERNMENT SHUTDOWN

Introduction Law and politics are intertwined; the political ideas derive their legitimacy through the vehicle of law. Francis Fukuyama, while tracing the origins of these political ideas in his celebrated article ‘The End of History’ (that later became main thesis of his book titled ‘The End of History and the Last Man’) noted: “For better or worse, much of Hegel’s …

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China’s Mission to the “Dark Side” of the Moon

China's Mission to the “Dark Side” of the Moon

On January 03, China successfully landed a robotic spacecraft – Chang’e-4 – on the far side of the Moon, the first ever such attempt and landing. Named after the mythical moon goddess Chang’e, the Chang’e-4 mission will test plant growth and listen for radio emissions normally blocked by Earth’s atmosphere. Chang’e-4 landed in a vast impact region measuring some 2,500km …

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SAUDI ARABIA’S VISION 2030

SAUDI ARABIA'S VISION 2030

Vision 2030 is the latest and most ambitious iteration of Saudi Arabia’s policy for economic diversification, intended to adapt one of the world’s most oil-dependent economies for a transition to a post-oil future. Despite never explicitly mentioning politics, it has profoundly political implications. If it were to be actually implemented, Vision 2030 would seem to dismantle the political economy model …

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Letters to the Editor (February 2019)

The Lost Humanity Humanity plays a great role in bonding the humans together but sadly to say that no state of the world is willing to give due respect to humanity and human rights. It is no secret that in today’s world, we can find people but we can’t find humanity in them. If today humanity would exist in the …

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Pakistan Making Progress on External and Internal Fronts (Editorial February 2019)

Editorial February 2019

January 2019 has been a month of encouraging progress for Pakistan on external as well as internal fronts, with two big events, that is, Afghan peace talks and the mini-budget, dominating as the talk of the town. As for the first one, a major breakthrough was achieved in peace talks between Afghan Taliban and the United States, which was made …

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