Europe Talks Big on Gaza but Struggles to Act
Even as criticism of Israel ramps up and a growing number of countries say they’ll recognize a Palestinian state, concrete actions remain limited.
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Taiwan Screw Suppliers Feel Impact of Trump’s Tariffs
[ new video loaded: Taiwan Screw Suppliers Feel Impact of Trump’s Tariffs transcript Back transcript Taiwan Screw Suppliers Feel Impact of Trump’s Tariffs Screws from Taiwan hold together countless everyday American goods. But Trump’s tariffs are threatening the island as a manufacturing leader of the tiny, yet essential, components. “Our product range are mainly for … Read more
Trump’s Tariffs Are Damaging America’s Biggest Foreign Source of Screws
[Taiwan has long been the top provider of screws to the United States. But its factories are struggling to survive under tariffs on steel and aluminum.
Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth
Because of its size, the drugmaker has an outsize effect on the country. Now, as it sheds jobs, forecasts for Denmark’s growth are falling, too.
Romania’s Enescu festival woos music lovers
BUCHAREST: Romania’s state-sponsored George Enescu Festival, one of Europe’s biggest classical music events, is seeing its audiences grow despite public spending cuts, as interest in eastern European music and contemporary works help to broaden its scope. The 27th Enescu festival, named after Romania’s most famous composer and launched in 1958, ended on Sunday with a … Read more
JCA consultancy and IMF: Two sides of the same coin
In August 2024, a certain Scott Jacobs met with Pakistan's Finance Minister Muhammad Aurangzeb in Islamabad. Also present were senior officials from the Board of Investment (BOI). Jacobs is a co-founder of the Washington DC-based consultancy firm Jacobs, Cordova & Associates (JCA), which specialises in advising governments on regulatory reform. He was in Islamabad that … Read more
Does Pak-China economic ties need to be refined?
[ ISLAMABAD: The Pakistan-China relationship is unique and multidimensional. It covers almost all areas, but security, defence, diplomatic, and economic aspects dominate the rest. History shows the relationship has performed exceptionally well in defence and diplomacy. A closer look reveals that success in these fields depends on three key elements or rationales. The security, diplomatic, … Read more
Free trade and domestic policy
[ ISLAMABAD: It’s a war of narratives and ideas. In its critique of the new National Tariff Policy (2025-30), the Policy Research & Advisory Council (PRAC), which was established by the business community and the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed concern that the new tariff policy could destabilise the … Read more
Remittance subsidies: time to prioritise exports
[ KARACHI: Last fiscal year, the government allocated nearly Rs200 billion (around $700 million) as a subsidy to banks for attracting remittances through formal channels and curbing illegal Hawala and Hundi networks. The policy delivered immediate results as remittances surged 27% year-on-year to $38 billion. However, much of this increase reflected a natural rebound. As … Read more
Soviet-era stage revived to rival Eurovision
MOSCOW: Russia has resurrected a Cold War-era cultural weapon, the Intervision Song Contest, billing it as a family-friendly rival to Eurovision while seeking to expand its influence through music. With artists from more than 20 countries and ambitions to reach more than a billion viewers, the four-hour spectacle concluded in Moscow with Vietnam crowned the … Read more
