Is ‘inflation’ the policy to solve the problem like population growth and poverty? You know why I am asking such a silly question; this is because of our governments so called policy for ‘development’. You see, since our independence...

In all the worry and flurry about terrorism and ongoing political turmoil, the country’s leadership seems to have ignored the basic necessities and living conditions of the poor part of our population. Businesses and productivity are declining...

These days the real IPL matches are in full swing. Do not miss them. These matches are so vibrant in nature, that you would surely forget any other premier matches played with such panache anywhere in the world. No, it’s no joke and neither...

The holy month of Ramazan, on the Islamic calendar, is just days ahead and Muslims are looking forward to the ‘dear’ month – ‘dear’ on account of its religious/spiritual significance and ‘dear’ also because the prices of daily life...

Canada’s hog industry faces its biggest crisis in 60 years, forcing many farmers to cut their losses by selling their herds — if they can sell them at all. The industry is reeling from high feed prices, a buoyant Canadian dollar,...

The prices of flour bags have gone up with many dealers in Peshawar and people are compelled to buy wheat flour by paying 50 to 70 rupees more per bag of wheat than the prices fixed by the food department for different varieties of wheat flour....

The great Austrian economist Ludwig Von Mises, one of my heroes, famously said that government is the only institution that can take two things of value, ink and paper, and turn it into something entirely worthless. That is what governments from...

The Central Bank of Venezuela has announced that the Consumer Price Index for the Caracas Metropolitan Area (CPI-CMA) grew by 2.1% in June, the same as in May, bringing inflation for the first six months of 2009 to 12.4% versus 16.3% for the same...

Ireland’s consumer-price index fell 4.7% in May from a year ago, by far the sharpest of price drops across Europe and the worst here since 1933. Inflation has turned negative in a handful of countries across the 16-nation euro currency zone....

The new Congress led government has indicated its priorities and areas of action as outlined in the President’s speech, Thursday. It reads as a continuation of the expansionary policies, followed by the UPA hitherto. While the idea of...