Then, the head of President Trumps Economic Advisory council. Blackstones ceo steven schwartzman. The businessman billionaire will tell me what affect trumps plans will have on american wallets and the global economy. But first, heres my take. This week, weve watched the perfect illustration of a country fighting the last war. The Trump Administration has now devoted weeks of time, energy, and Political Capital to rolling out its temporary travel plan of citizens of six majority muslim countries who according to the Libertarian Cato Institute have not committed a single deadly terrorist attack in the United States over the last four decades. Meanwhile, the white houses response to a devastating barrage of wikileaks disclosure s that will compromise American National security for years was a promise to prosecute leakers. The Wikileaks Revelations are designed to cripple american intelligence operations of all kinds against any foe from russia or china, from isis or al qaeda. Wikileaks c
Minimum wage: Workers face bleak future as 28 states battle insolvency
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The economic legacy of the Buhari administration
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Pakistan’s stability increasingly depends on the outcome of an ever-worsening economic crisis. Amid skyrocketing inflation, political conflict between Prime Minister Shehbaz Sharif’s government and former Prime Minister Imran Khan, and surging terrorism, the country is facing the risk of a default due to its massive external debt obligations. This burden has been exacerbated by the derailment of the $6.5 billion International Monetary Fund (IMF) program Pakistan entered in 2019, as the international lender is unsatisfied with Pakistan’s commitment to reform and ability to arrange for funds to meet external financing requirements. Troublingly, Pakistan’s official foreign exchange reserves are hovering around $4 billion, which is insufficient to finance even a one-month of the country’s import bill.