News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Developing countries’ lost decade?

Global average temperatures have reached 1.2 degrees centigrade above the pre-industrial era, and most scientific...

Updated 03 Mar, 2023 06:58am

Opinion

Debt and fiscal space

David Malpass, in a recent interview, has reportedly talked about China’s non-disclosure clause as one of the...

Updated 24 Feb, 2023 06:36am

Opinion

Debt relief for developing countries

When the Covid pandemic was declared by the World Health Organization (WHO) back in early 2020, a number of...

Published 17 Feb, 2023 06:00am

Opinion

Balancing austerity demands with better debt relief and SDR support

’Developing nations may need to find as much as $2.5 trillion over five years to meet external debt-service costs as...

Updated 10 Feb, 2023 12:30pm

Opinion

Both IMF, govt need serious policy path correction

The International Monetary Fund (IMF) in its recently-released flagship report ‘World Economic Outlook [WEO] update:...

Updated 03 Feb, 2023 10:27am

Opinion

Prices and inflation

It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any...

Updated 27 Jan, 2023 07:57am

Opinion

Debt, inequality and austerity

‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing...

Published 20 Jan, 2023 06:44am

Opinion

Global economic challenges and prospects for 2023

A few days before the release of World Bank’s flagship ‘Global Economic Prospects’ (GEP) January 2023 report...

Updated 13 Jan, 2023 07:33am

Opinion

PTI’s ‘White Paper’ on economy

A couple of days ago, Pakistan Tehreek-e-Insaf (PTI) presented ‘White Paper’ at a seminar on the economy, which...

Published 06 Jan, 2023 05:58am

Opinion

2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy

Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has...

Updated 30 Dec, 2022 06:28am

Opinion

Ending the assault of austerity and procyclical policy stance

‘The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt, and climate shocks...

Published 23 Dec, 2022 05:54am

Opinion

IMF policy needs a serious rethink

The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy...

Published 16 Dec, 2022 05:58am

Opinion

Contradictions in economic policy stance and a way forward

In its policy prescription, the International Monetary Fund (IMF) has been pushing Pakistan for adopting procyclical...

Updated 09 Dec, 2022 06:32am

Opinion

Non-austerity policy needed for resilient, inclusive, sustainable growth

The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the...

Published 02 Dec, 2022 05:47am

Opinion

COP27 meetings: achievements, setbacks, and deficiencies

This year’s COP meetings that were supposed to be held in Sharm el-Sheikh, Egypt from November 6-18, but had to go...

Updated 25 Nov, 2022 04:00pm

Opinion

The Bridgetown Initiative

‘A perennial question hanging over UN climate conferences is how developing countries will finance their domestic...

Published 18 Nov, 2022 05:53am

Opinion

The elusive ‘new normal’

‘A nd the clock is ticking. We are in the fight of our lives. And we are losing. Greenhouse gas emissions keep...

Updated 11 Nov, 2022 06:14am

Opinion

Mission climate change

COP27 meetings in Egypt will start on November 6, but the global conference with its first meeting in 1995 is yet to...

Published 04 Nov, 2022 05:56am

Opinion

Climate change crisis and COP27

COP27 – 27th Conference of the Parties to the United Nations Framework Convention on Climate Change – which will be...

Updated 28 Oct, 2022 06:35am

Opinion

Austerity and SDR allocation

The world is suffering from multiple crises — from strong inflationary headwinds to low growth — at the back of...

Published 21 Oct, 2022 05:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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