Tag: economic crises

Pakistan Economy to Slow Down in FY2023: ADB
Economy

Pakistan Economy to Slow Down in FY2023: ADB

The Pakistan economy is expected to slow down to 3.5% in FY2023 amid the destroying floods, policy tightening, and critical efforts to overcome quite large fiscal and external imbalances, the Asian Development Bank (ADB) said in a report released Wednesday. The deceleration in the fiscal year 2023 (which ends on June 30, 2023) has been […]

Gloomy Economic Conditions Cause a Decrease in the Volume of Global Shipping: FedEx
Economy

Gloomy Economic Conditions Cause a Decrease in the Volume of Global Shipping: FedEx

Gloomy Economic Conditions Cause a Decrease in the Volume of Global Shipping: FedEx The deteriorating economic conditions have caused a decrease in the volume of global shipping, according to Multinational transportation US-based FedEx. FedEx shares fell more than 24% Friday after the company issued a profit warning and canceled the previous income guidelines for this […]

rising petrol prices
Trending news

This is how rising petrol prices hit the businesses

Fuel prices hike are damaging the businesses in multiple ways. One of the common related business is the ice-cream business that appears to be affected the most after logistics. The rising petrol prices are forcing the ice cream vendors to ditch their livelihood. Many of the frosted treats that are welcomed during the summers use […]

Crises in Sri Lanka
Trending news

How do the world see crises in Sri lanka?

Crises in Sri Lanka is a painful thing for all of us. But let find how the world see it! Weakness in internal politics is the base of disturbance for many low middles and developing countries. These also get seriously hit by the external economic shocks including the Russia-Ukraine war and Covid-19. This country appears […]

Kenya defaults debt repayment
Trending news

Kenya defaults debt repayment

The Government of Kenya defaults debt repayment on three loans from an international bank in the financial year June 2021. This has been revealed by the Auditor General in an audit report on the country’s public debt, which now stands at 8.4 trillion shillings. All this comes even as the Government has recurrently maintained that […]