UK chancellor Rishi Sunak seems to be trying to build for himself the image of a man who is not afraid to “tell it like it is” when the situation requires it. But his actions show that he is prepared to sacrifice long-term economic development for a short-term boost for his Conservative party.
By Antonia Oprita
A report due to be released on Tuesday by the UK’s Office for National Statistics (ONS) is likely to make some interesting reading (and yes, I am aware of how nerdy this sounds).
The report is about the “intergenerational transmission of poverty in the UK & EU,” an issue that is becoming more and more obvious as inequality rises following the measures taken to mitigate the effects of the financial crisis on capital markets.
By: Sourajit Aiyer
An advance in annual gross domestic product of around 3% in recent years does not reflect the true potential of Pakistan, a country of 180 million. While recent positives highlighted in the second review of the IMF during its assistance programme for the country suggest the economy is taking constructive shape, a lot is still needed to sustain and enhance that momentum.