Last update: Sat, 03 Dec 2016 03am

BR Research: All


The remittance euphoria is over. There was a time when remittances were increasing by leaps and bounds, flourishing the prospects for a healthy balance of payment position. But since the beginning of this year, they have dwindled. The numbers for October 2016 are in, and they continue to show remittancesâ?? weakening role as a support to the current account.
PMLN may be the third consecutive government to complete its five-year term; followed by Musharraf (2003-08), and PPP (2008-13). Regardless of the overall economic performance of each government, there is a commonality in the previous two regimes: the fundamentals slipped in the last two years as governments ran populous policies to win elections.
Out in the land of opportunities, after a historically bruising neck and neck fight; results pouring in confirmed those eight years of the Democratic Party were no more and the United States map has finally turned red. Shock and denial were the first feelings for most; coupled with jubilation for some and devastation for others, but the news also sent shockwaves across the world, everyone wondering now, what?
Electricity load shedding hours might have been halved, but whats more of a concern to the consumers right now is impending gas shortage come winters 2016-17. Gas load shedding is something that the consumers particularly of Punjab fear.
A lot of Free Trade Agreements (FTAs) are currently on the government's table. With the country's exports continuing their downward spiral, weve seen a lot of headlines recently regarding FTAs, including those in the making with Thailand and Turkey earlier this month. However, as with most of Pakistan's FTAs, each one comes with something to gain and something to lose.
Boy did the political pundits and the pollsters bomb at predicting this election cycle! Philip Tetlock, the renowned expert on failure of expert prediction, must be chuckling, I told you so. Polls not only got it wrong in nearly all of the battleground states, where Hillary Clinton was shown leading right till Election Day, they even failed to detect slightest chink in the Democratic blue wall.
11/9 did not only bring shocking news for Americans and the rest of the world. It also brought a shock to Indians when their Rs500 and Rs1000 currency notes were rendered worthless overnight by a single stroke of Modi's pen.