Tag: Debt
Oil prices fall on Spain debt concerns
World oil prices dropped on Tuesday, with Brent crude briefly hitting a 17-month low point on Spanish debt concerns, analysts said.
New York's main contract,...
Energy crisis can be overcome by ending circular debt: Shahbaz
Punjab Chief Minister Shahbaz Sharif on Monday said that the energy crisis could be overcome by ending circular debt.
During a meeting with a...
French Socialists enjoy free rein after fresh vote win
The road was clear Monday for France's Socialists to push through their tax-and-spend agenda to battle the eurozone debt crisis after clinching an absolute...
Asian leaders promise to get their act straight
Perceiving global economic crisis of 2008 and recent debt crisis of Eurozone, the economic leaders of South Asia and China on Tuesday vowed for...
Our crushing debt
The budget has been announced. While it is being said that this is the ‘election budget’, there wasn’t much in the way of wooing...
Shahbaz holds PM, President accountable for $400 billion circular debt
Chief Minister Punjab Mian Shahbaz Sharif Friday said they would hold the Prime Minister and the President accountable for 400 billion dollars circular debt....
Burning the midnight oil…
Oil futures fell on the drumbeat from global stock markets, which erased the year’s gains as investors pared holdings for safe-haven assets such as...
Oil slides on deepening fears over eurozone
Oil extended losses in Asian trade Friday on growing concerns that the eurozone's debt woes could worsen, causing a global crisis that would ravage...
Circular debt and bank financing
Only those with their heads buried in the sand would’ve been seriously surprised by banks refusing lending for power projects till the circular debt...
‘Circular debt needs political will to be resolved’
The on going trade liberalization process with India is not only a good initiative to stimulate the economic activities in the country but also...
Worst is over’ in eurozone debt crisis: ECB chief Draghi
The worst is over in the eurozone debt crisis, but risks remain and it is up to governments to resolve them, European Central Bank...
Security, circular debt taking toll on exploration, development of oil and...
The search for new hydrocarbon reservoirs in the country has started to show some signs of recovery as 12 exploratory wells were drilled in...
Circular debt issue resolved, says PM
Prime Minister Yousaf Raza Gilani on Friday said the government had addressed the circular debt issue to a large extent and the resolution would...
Debt repayments widen C/A deficit to $2.633b during July-JanFY12
The economic observers foresee the “worst scenario” ahead as the country’s current account deficit widened to $2.633 billion during the first seven months, July-January,...
Total expansion in debt, liabilities increases 7.2 per cent
The share of the domestic component was 76.3 per cent of total expansion in debt and liabilities during first five months of current fiscal...
Total expansion in debt, liabilities increases 7.2pc
The share of the domestic component was 76.3 percent of total expansion in debt and liabilities during first five months of current fiscal year...
Circular debt enlarges debt stock by Rs572 billion
Settlement of circular debt of power sector PSEs and public procurement agencies resulted in a substantial Rs572.2 billion increase in the stock of total...