Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Thu, 19 Sep 2019 08:19:53 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.2 The World’s Biggest Oil Producers http://www.pakistaneconomist.com/2019/09/16/the-worlds-biggest-oil-producers/ http://www.pakistaneconomist.com/2019/09/16/the-worlds-biggest-oil-producers/#respond Mon, 16 Sep 2019 10:51:22 +0000 http://www.pakistaneconomist.com/?p=32458 After drone attacks on two major oil facilities in Saudi Arabia on Saturday, half of the country’s production capability has been knocked out. How much of an impact will this have on global oil supplies? As the latest data from BP shows, Saudi Arabia is the second-largest producer of oil in the world, accounting for 13 percent of all …

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Consumers Turn to Manufacturers for Action on Plastics http://www.pakistaneconomist.com/2019/09/16/consumers-turn-to-manufacturers-for-action-on-plastics/ http://www.pakistaneconomist.com/2019/09/16/consumers-turn-to-manufacturers-for-action-on-plastics/#respond Mon, 16 Sep 2019 10:40:59 +0000 http://www.pakistaneconomist.com/?p=32456 Today, the most ambitious law to ban single-use plastics could pass in California. The two bills on the legislators’ table would plan to reduce 75 percent of plastic waste in the state within 10 years. Companies could only use plastics for packaging sold and distributed in-state that are fully recyclable or compostable by 2030 if …

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The Best Universities in the World http://www.pakistaneconomist.com/2019/09/16/the-best-universities-in-the-world/ http://www.pakistaneconomist.com/2019/09/16/the-best-universities-in-the-world/#respond Mon, 16 Sep 2019 10:34:03 +0000 http://www.pakistaneconomist.com/?p=32454 The latest global university ranking has been released by Times Higher Education, putting the UK’s Oxford University at the top of the pile. Institutions are ranked based on five indicators: teaching, research, citations, international outlook and industry income. On this basis, the UK and United States completely dominate the top ten, and indeed the top 15, with only …

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U.S. Poverty Levels Fall To Pre-Recession Low http://www.pakistaneconomist.com/2019/09/16/u-s-poverty-levels-fall-to-pre-recession-low/ http://www.pakistaneconomist.com/2019/09/16/u-s-poverty-levels-fall-to-pre-recession-low/#respond Mon, 16 Sep 2019 10:18:55 +0000 http://www.pakistaneconomist.com/?p=32452 The U.S. Census Bureau has published a report into income and poverty levels across the United States, finding that median household income in 2018 was $63,179 while median earnings for all workers was $40,247. Poverty has now fallen for the fourth consecutive year, thanks to the healthy state of the economy and it has hit pre-recession lows. In 2018, the official …

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The Price of the iPhone 11 Around the World http://www.pakistaneconomist.com/2019/09/16/the-price-of-the-iphone-11-around-the-world/ http://www.pakistaneconomist.com/2019/09/16/the-price-of-the-iphone-11-around-the-world/#respond Mon, 16 Sep 2019 10:13:59 +0000 http://www.pakistaneconomist.com/?p=32450 Apple unveiled its new generation iPhone yesterday. The three new models, iPhone 11, 11 Pro and 11 Pro Max will be available on September 20 and pre-orders can be placed starting Friday. Notable new features include the integration of a dual or triple photosensor and improved battery life: The iPhone 11 Pro is supposed to last four hours …

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Fast emerging trends in logistics industry http://www.pakistaneconomist.com/2019/09/16/fast-emerging-trends-in-logistics-industry/ http://www.pakistaneconomist.com/2019/09/16/fast-emerging-trends-in-logistics-industry/#respond Sun, 15 Sep 2019 20:06:02 +0000 http://www.pakistaneconomist.com/?p=32249 With the emergence of e-commerce and rising digital literacy among the consumers, the global logistics industry has been changing significantly in the recent years. Factors such as rising disposable incomes, dual-income households, and constant urbanization have encouraged consumers across both developed and emerging economies to follow upcoming logistics trends. This has further resulted in the …

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Freight train plan raises the stakes in economy http://www.pakistaneconomist.com/2019/09/16/freight-train-plan-raises-the-stakes-in-economy/ http://www.pakistaneconomist.com/2019/09/16/freight-train-plan-raises-the-stakes-in-economy/#respond Sun, 15 Sep 2019 20:05:05 +0000 http://www.pakistaneconomist.com/?p=32289 Could Pakistan address its economic woes by turning around the freight train system? The answer would be yes in unison if hundreds of thousands of businessmen are asked this question. It is heart wrenching to see the current state of Pakistan’s freight trains which could beef up the economic activities badly needed by the country …

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Ports of Pakistan set apart http://www.pakistaneconomist.com/2019/09/16/ports-of-pakistan-set-apart/ http://www.pakistaneconomist.com/2019/09/16/ports-of-pakistan-set-apart/#respond Sun, 15 Sep 2019 20:04:24 +0000 http://www.pakistaneconomist.com/?p=32292 Pakistan is blessed with one of the best sea routes of the world. Pakistan’s coastline is about 990 km long, bifurcated in two parts, Sindh Coast (270 km) and Makran Coast (720 km). Pakistan is undoubtedly one of the most strategically significant countries in the region and the world. On one side it is next …

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Can SBP afford to reverse monetary tightening policy? http://www.pakistaneconomist.com/2019/09/16/can-sbp-afford-to-reverse-monetary-tightening-policy/ http://www.pakistaneconomist.com/2019/09/16/can-sbp-afford-to-reverse-monetary-tightening-policy/#respond Sun, 15 Sep 2019 20:03:53 +0000 http://www.pakistaneconomist.com/?p=32411 The State Bank of Pakistan (SBP) is scheduled to announce its Monetary Policy for next two months on 16th September 2019. There are two opposite opinions: 1) the central bank will cut the policy rate and 2) policy rate will be increased as per the IMF recipe. However, analysts are of the opinion that probability …

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Could the Kashmir Issue Have Any Economic Impact on Pakistan? http://www.pakistaneconomist.com/2019/09/16/could-the-kashmir-issue-have-any-economic-impact-on-pakistan/ http://www.pakistaneconomist.com/2019/09/16/could-the-kashmir-issue-have-any-economic-impact-on-pakistan/#respond Sun, 15 Sep 2019 20:02:39 +0000 http://www.pakistaneconomist.com/?p=32472 Tensions continue to remain elevated as the conflict over the entire erstwhile princely state of Jammu and Kashmir between India and Pakistan has no end in sight. The end of August 2019 marks a further escalation in the problem, despite positive words from the US President Donald Trump, who tries to reconcile both Imran Khan …

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