The year gone by saw massive uptick in terrorist attacks in Pakistan. Apart from targeting civilians, many security personnel came under heavy attack. Attacks by militant groups in Pakistan have been on the rise, after the hardline Islamist militant group Tehrik-i-Taliban Pakistan (TTP) withdrew from a ceasefire last year. But why have attacks on security forces increased and why the Pakistani government and the military failed to handle these attacks? According to the Pakistan Institute for Conflict and Security Studies , an Islamabad-based research organisation. The first 11 months of the year witnessed 664 attacks an increase of 67 percent from 2022. Here's more

2023: A year of Pakistan's security lapses  7 pm schedule

The U.S. inflation outlook seemed to improve, but during the recent federal reserve meeting, reports revealed that inflation had already hit the central bank's 2% target. This unexpected news led some fed officials to revise their estimates, and now there's a growing consensus that the next six months may not be as inflation-free as initially thought. In simple terms, the U.S. is facing an inflation surprise, and economic forecasts are adjusting accordingly.

US inflation to show FED's battle is now all but complete | World Business Watch | WION

The price of some medicines has risen almost tenfold in nigeria in the past few months, forcing patients to cut doses or turn to traditional alternatives.

Drug prices soar in Nigeria

On Tuesday, PML-N supremo Nawaz Sharif cleared yet another legal hurdle ahead of the Feb 8 general election after the Islamabad High Court (IHC) acquitted him in the Al-Azizia reference. The Al-Azizia case was one of the two graft references that Nawaz was convicted in. He was acquitted in the Avenfield reference on Nov 29 by the same bench.

We shot ourselves in our own foot', Nawaz Sharif on Pakistan's economy

There is some good news for Bangladesh struggling with surging inflation, falling import cover and a weak currency ahead of the country's January elections. The international monetary fund's board approved its first review of Bangladesh's $4.7 billion bailout package. Dhaka will get $689.8 million in funds to combat its economic crisis.

IMF approves bailout of Bangladesh | World Business Watch

In the coming week, central bankers, from Washington to Frankfurt to London and beyond, will make their final policy decision for the year. That comes at a time of apprehension about the direction the global inflation cycle is taking.

Global rate-cut standoff looms | World Business Watch

Egyptians began voting, on Sunday (Dec 10), in a presidential election overshadowed by the war in neighbouring Gaza between Israel and the Palestinian militant group Hamas while the incumbent President Abdel Fattah al-Sisi is poised to secure a third term in power.

Egyptians cast votes in elections held amid Israel-Hamas war with Sisi almost sure to win

Do you feel like everything you buy now comes at an exorbitant price just keeping your house running and it's burning a huge hole in your pocket? Inflation is to blame and so is Corporate greed and this greed is driving the prices up. It's called greed inflation.

Gravitas: How is greedflation affecting you?

In a notable economic development, Tokyo, Japan's capital, witnessed a slowdown in core consumer inflation in November, marking a shift in cost-push pressures within the country's economy.

Tokyo's Inflation Slows: BOJ faces decisive policy crossroads amid economic shifts

Political dynamics are fast changing ahead of the upcoming February 2024 general elections as former Pakistani President, Asif Zardari remarks on remarks on Bilawal saying he is 'not fully trained' for politics

Pakistan: Bilawal not fully trained, says Asif Ali Zardari

Western diplomats and the UN have criticized Pakistan's move to charge hundreds of dollars in exit fees to each Afghan refugee who left the Taliban's persecution, calling it "shocking and frustrating."

Gravitas: Pakistan imposes $830 exit permit on refugees

Pakistan where the ground is ready for the next general elections and so are the candidates taking a dig at their rival candidates. Pakistan People's Party chairman Bilawal Bhutto Zardari recently said that the country should give a chance to someone new instead of choosing the same prime minister for the second time.

Pakistan: PTI, PPP accuses Kakkar government of bias

The latest bulletin by India's central bank offers a mixed about the state of India's economy. The Reserve Bank of India's monthly bulletin said that while consumer demand has been upbeat, a lot needs to be done on the inflation front.

RBI's forecast on growth & inflation | World Business Watch

The Reserve Bank of India (RBI), in its November bulletin released on Thursday, cautioned that while there has been a welcome relief in retail inflation over the past two months, India is "not out of the woods yet".

RBI bulletin highlights inflation challenge despite boost in consumption

In this ever-evolving realm of global economics, few challenges are as formidable as inflation impacting nation's economies and our daily lives.

India: Retail down to 5.02% in September 2023

India's retail inflation experienced a downturn in October, reaching a four-month low and moving closer to the central bank's targeted 4 per cent, a level deemed necessary before considering interest rate reductions, Reuters reported.

India's retail inflation hits four-month low in October, nearing RBI's target 

The pace of India's consumer price inflation is anticipated to have eased to a four-month low of 4.80 per cent in October, nearing the Reserve Bank of India's 4 per cent medium-term target, a Reuters poll revealed on Thursday.

India inflation likely to ease to four-month low in October, says Reuters poll 

We delve into the key factors that can make or break your retirement dreams. From life expectancy to inflation, we'll unravel the intricacies of securing your financial future. Plus, we'll share strategies to maximise your retirement savings and offer tips on being your own financial advisor.

Is $3 million enough to retire? | World Business Watch

Pakistan citizens are facing difficulty securing new passports, because of the scarcity of lamination paper in the country. The delays in securing passports add to the woes of citizens wanting to travel abroad for study, work or leisure.

Gravitas: Pakistan's Massive Passports Backlog as It Runs Out of Lamination Paper

King Charles III of the United Kingdom has delivered his first opening address to Parliament since ascending to the throne, outlining the government's policy priorities in areas ranging from the economy to foreign policy and criminal justice.

UK: Charles III gives 1st speech as King in Houses of Parliament, promises govt to control inflation

The non-oil sector in Saudi Arabia had its greatest employment growth in nine years in October as the world's largest crude exporter looks to diversify.

Saudi Arabia's non-oil economy shows resilience in October | World Business Watch

Pakistan Elections: The Election Commission of Pakistan's counsel said the process of drawing constituencies would be completed by January 29, paving the way for the polls.

Race To Power: Election Commission of Pakistan shares poll timeline with Supreme Court

Japanese Prime Minister Fumio Kishida unveiled a comprehensive $113 billion economic package, aimed at controlling the effects of surging inflation. The proposed package encompasses various strategies, including temporary cuts to income and residential taxes, along with subsidies intended to alleviate the burdens of escalating gasoline and utility bills.

Japan announces $113 bn package to counter inflation woes 

In a bid to curb their rising prices, the Indian government has set a floor price on the exports of onions. Media reports suggest that the minimum export price for onions has been kept at 800 dollars per tonne till the end of 2023.

Govt sets minimum export prices for onions at $800 per tonne

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