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Geopolitics of Hydrography & Indian Ocean

Hydrography & Monaco The International Hydrographic Organization (IHO) is an intergovernmental organisation established in 1921 to promote cooperation among maritime nations in the field of hydrography and nautical charting. The IHO's main objective is to ensure that all the world's navigable waters are surveyed and charted to modern standards . The IHO is responsible for

ABC of Economy

Random Musings on Economy Part - I Curse of Banking Spread In the year 2008 the banking spread  or rate difference between what banks pay as interests to depositors and what they charge on loans to business was 7.05 % which was the highest in the world . The banking spread in the US at

Money Laundering & Terrorism

UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE  on the FATF  'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates are strictly

Dubai FATF Grey list & India

UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE  on the FATF  'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates will be

Undersea Cyber Battles

Significance of Undersea Optic Cables As low bandwidth and high latency of satellite data service was insufficient to cater to global telecommunication streams a phenomenal growth took place in digital global infrastructure comprising an intercontinental network of 400 undersea fiber-optic cable communications network which daily transmits approximately  $ 10 trillion worth of financial transactions data

Corporate Agriculture in the Desert

Food Security and Corporate Farming in Gulf Countries The concept of corporate farming revolves around fostering of efficiency as compared to traditional peasant farming prevalent in many third world countries .The corporate approach to farming encourages , institutionalises and induces private sector investment in agriculture with resultantly  higher output, income and even exports after reasonable

Beware Saudi Gifts

Chopard Jewels in Brazil Credit Times of Malta The Kingdom of Saudi Arabia gifted a diamond necklace, earrings and a watch to Michelle the spouse and First Lady of the Brazilian President Jair Bolsonaro during an official visit to the Kingdom. The jewels are certified by Chopard with an estimated market value at around three

IMF Sage

Bold Talk Credit Al Jazeera The International Monetary Fund (IMF) Managing Director Kristalina Georgieva has rendered sagacious advice , seemingly unsolicited, to Pakistan : protect the poor impose taxes on the wealthy function as a country dont get into a dangerous place & restructure debt those making good money, public or private sector, to contribute

By |2023-07-13T08:21:42+00:00February 20th, 2023|Categories: Economy Finance & Transparency|Tags: , , , |0 Comments

Indian Ocean Hydrocarbons & Pakistan’s Energy Security

Part II UNCLOS and Economic Rights Coastal States The United Nations Convention on the Law of the Sea (UNCLOS) grants special rights to the coastal states with regards to exploration and use of marine resources, including energy production in the area in its jurisdiction at times termed as exclusive economic zone. Economic Control of Waters

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