1. Khalid Zahid: Transforming Saudi Art
  2. Now Walk the Talk, Imran
  3. Violence against Minorities
  4. Unsheltered
  5. Lumbering Giant with a Midget’s Mentality
  6. How to Encourage Terrorism
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  10. Living amongst the clouds : Aalia Bux
  11. Mental health – What soldiers can teach us
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  17. Women’s Rights under Family Law
  18. Shutting the Door on Refugees
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  24. Annus Horibilis
  25. The Inhumanity of Pakistan’s Coal Industry
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  27. Method in the Madness
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  30. Refugees and Migrants are People too
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Sat, Feb 16, 2019
  1. Khalid Zahid: Transforming Saudi Art
  2. Now Walk the Talk, Imran
  3. Violence against Minorities
  4. Unsheltered
  5. Lumbering Giant with a Midget’s Mentality
  6. How to Encourage Terrorism
  7. Faisalabad in 2028
  8. Mental Illness & the Progress of a Nation
  9. Child Sexual Abuse
  10. Living amongst the clouds : Aalia Bux
  11. Mental health – What soldiers can teach us
  12. Many Cookies still to Crumble
  13. Steering Through Turbulence
  14. ExxonMobil – Close to hitting huge oil reserves in Pakistan, bigger than Kuwait’s
  15. NAYA PAKISTAN?
  16. Making ADR work for Women
  17. Women’s Rights under Family Law
  18. Shutting the Door on Refugees
  19. Water Challenges and Opportunities
  20. In Conversation with Dr. Ghulam Rasul on Hydrology
  21. In Conversation with Shafqat kakakhel: Internal Water Management Practices
  22. Come on Skipper !
  23. GUMM
  24. Annus Horibilis
  25. The Inhumanity of Pakistan’s Coal Industry
  26. Iran Nuclear Deal The U.S Withdrawal
  27. Method in the Madness
  28. Legal System Reforms
  29. Power Over Impulse
  30. Refugees and Migrants are People too
  31. PTCL – A Nonstop Journey Towards Excellence
  32. Gulgee – The Last of The Greats
  33. Patrik Hoffmann – Sonraj
  34. Pakistan’s Primordial Hindu Heritage
  35. Pakistan’s Migrant Tragedy
  36. PTCL – Fastest Growing Brand in Pakistan
  37. Keep Pakistan’s Wagon Hitched To The China Star
  38. Anique’s Chocolate Cake
  39. Selfless & Fearless – Lahore Qalandars
  40. NEWS PICKS
  41. Intellectual Property and Tourism
  42. Fitness with the Mughal
  43. REBEL WITH A CAUSE
  44. The Big Fat Lie – Cholesterol (Part-1)
  45. Mummy’s Recipes Roast Chicken & Veg
  46. ENGAGING HEADS HEARTS AND HANDS
  47. The Big Fat Lie – Cholesterol (Part-2)
  48. Q & A with Star of Parchi
  49. Addressing Sexual Abuse
  50. Q & A with EMAN ZAEEM & MEHR SAAD
  51. Pakistan’s Lost Children
  52. ENGLAND AND THE INDUSTRIAL REVOLUTION
  53. STICK WITH FRIENDS AND DITCH THE ENEMIES
  54. The Phenomenon that Stephen Hawking was!
  55. In Conversation with ANUSHAY ZEESHAN
  56. Q & A with owner of District 6 – Anum Rafat
  57. Ali Rehman Khan – Naturally A Star
  58. MUNIBA`S Call for Tolerance & Justice
  59. Q&A Muniba Mazari
  60. Health Quotient (Dental health)
  61. Money for nothing, bits for free
  62. FinTech
  63. TRADING THREATS OF WAR
  64. Crisis of Civilization
  65. Child Sexual Abuse
  66. Education is the only Solution
  67. Fit for Purpose
  68. BLUE CHIP TALKS TO THE CREATOR OF TEETOO AND TANIA
  69. Mini meringue recipe
  70. NEW ANIMATED TV SERIES PAKISTANI
  71. Changing the Perception of Public Transport Motorway Express
  72. AUSTENISTAN DEBUTS WITH ELEGANCE AND ENTHUSIASM
  73. PAKISTAN’S WOMEN OF 2017
  74. THE BEAUTY IN BUSINESS
  75. PERCEPTIONS ARE ALSO REALITY
  76. Blue Chip Q/A with Atiqa Odho
  77. Five major political events of 2017
  78. WHAT DOES TRUMP’S TWEET MEAN FOR CPEC AND THE REGION
  79. THE GLOBAL ECONOMY IN 2017
  80. AFGHANISTAN GOING DOWNHILL
  81. 2017 FOR PSX – THE CLIMB AND THE DECLINE
  82. What we can learn from Ghalib
  83. QUINOA SALAD WITH THAI DRESSING
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The global economy started off with much trepidation in the beginning 2017, as the world saw potential issues that might negatively impact the economy across the board, such as China’s mounting debt, India’s cash cancellation, Brexit, Trump’s plans for the United States’ economy, and more. However, at the turn of the quarter, it appeared that things were picking up for the world economy.

 

According to a June 2017 journal by the Global Economic Prospects, “as actual growth continues to exceed potential growth, increasing inflation and narrowing output gaps have raised the prospects of less accommodative monetary policy. Advanced economy growth is expected to accelerate to 1.9 percent in 2017, before moderating gradually in 2018-19. As usual, the outlook is predicated only on legislated fiscal and trade policies. The recovery in global trade coincides with strengthening investment, which is more import-intensive than other components of aggregate demand.”

 

Fitch Ratings’ chief economist, Brian Coulton had also projected that 2017 would see the fastest world growth, at 2.9 per cent, since 2010. He indicated that the growth was reflective of a “synchronised improvement across both advanced and emerging market economies”.

 

These predictions were not that far off as overall, 2017 saw a rising stability across the global economy platform, especially with the trade sector’s recovery and progression. The positive direction that the economy took last year resulted in the bullish revision of the Organisation for Economic Co-operation and Development (OECD) prediction for world economic growth in 2017 by 3.6 per cent, and 2018 by 3.7 per cent.

 

Overall, the United States still holds the largest chunk of the world economy based on its gross domestic product (GDP), with an almost 25 per cent share, valued at $18 trillion, followed by China at $11 trillion and Japan at $4.4 trillion.

 

Despite trailing behind the United States by $7 trillion, China is poised to be gunning for lead position as it saw an economic growth of 6.7 per cent in 2016, which is significantly higher than the United States’ 1.6 per cent. The former has also overtaken India as the fastest growing large economy, outdoing the latter by a 0.1 per cent growth. This takeover was attributed to India’s Narendra Modi’s cash cancellation initiative, which led to a financial turmoil in the country.

 

Moving forward to 2018, economists are positive that the world economy will see continued growth, especially in advanced and emerging economies. Data sets from China, Japan, Europe and the United States have shown a synchronised global economic recovery, which would aid significantly in lowering trade and currency tensions.

“Moving forward to 2018, economists are positive that the world economy will see continued growth, especially in advanced and emerging economies. Data sets from China, Japan, Europe and the United States have shown a synchronised global economic recovery, which would aid significantly in lowering trade and currency tensions. “

 

There also appears to be less economic uncertainty in Europe as the United Kingdom and the European Union have come up with some form of agreements pending the official exit of the former in 2019. With this agreement, there is some form of confidence that can be established in the Eurozone that a complete economic crash will not be imminent.

 

By: Syahirah Anwar

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