Pakistan Government, Frustrated by Power Crisis, Changes Tack

... . Power cuts have crippled the economy, shaving an estimated two percent ... afford fuel. The so-called "circular debt" stands at over $3 ...

Commentary: Want to See the Business Case for Green Energy? Just Look at China

... the world’s largest manufacturing economy, China suffers from catastrophic air ... captured. Through the principle of circular and cumulative causation, this leads ...

Commentary: Should the Fed Raise Rates? Wrong Question!

... resist unwanted changes in the economy, in employment levels and ... fairly steady improvement in the economy and the declining unemployment rate ... moves. But is the economy strong enough? Of particular ... be any. But this is circular reasoning; it implies the ...

1MDB’s Debts Make Defending the Ringgit Tougher

... ,” Mizuho’s Varathan said. “The circular impact of a weaker ringgit ... . The damage wrought to the economy led Prime Minister Najib Razak ...

$9t Question: Can Nations Weather a Fed Rate Rise?

... would ripple through the world economy. From the housing markets in ... . You will have a US economy that is growing more strongly ... easing measures, resulting in a "circular trap," said Manik Narain, a ...

Pakistan Fuel Crisis Weighing on Credit Worthiness: Moody’s

... issues that create so-called circular debt “will further strain Pakistan ... for the shaky South Asian economy, said that structural reforms had ... ” in its decision last year. “Circular debt” — brought on by the ...