No Winner in Pakistan Election Courtesy: Gateway House
8 February 2024

No winners in Pakistani elections

As Pakistan heads to the polls, debt restructuring and economic recovery are on the ballot. The winner of the contest will inherit a weak economy while wielding little authority to implement reform, and will eventually shoulder the blame for the inevitable crisis.

im-889480 Courtesy: The Wall Street Journal
29 November 2023

Javier Milei’s difficult path ahead

Javier Milei defied expectations when he won the Presidential election in Argentina earlier this month. The public are looking for early and rapid results that will bring the economy back on a steady keel, even through radical reform. But sectors of the entitled old guard have already announced it will oppose any change in the status quo.

FILE PHOTO: A worker walks past the logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019. REUTERS/Anushree Fadnavis Courtesy: Reuters
14 July 2022

The rupee as regional currency

The Reserve Bank’s move to enable international trade in INR is a step towards regaining Indian primacy in the Indian Ocean region that the Indian Rupee once enjoyed. It is also an essential financial dimension that will add heft to India’s strategic SAGAR policy.

tt Courtesy: Telegraph India
1 July 2022

Tax Gold, Drive Smuggling

India has raised import duty on gold yet again. This will drive gold smuggling, whose nearly 16% return on investment therefrom will make hedge funds envious. Apart from loss of revenue, smuggling also means greater cash flows for the underworld, and potential terror finance.

shutterstock_1062335495 Courtesy: Shutterstock
5 March 2020

Shadow of debt over Mombasa port

Kenya’s Mombasa port, the gateway to East and Central Africa, has enabled the Chinese to gain better access to resources in the region and export destinations within Africa through the Belt and Road Initiative. A recent visit offered insights into some of the shortcomings of increasing Chinese investments in the region – and the scope for other countries to step in