The Economic War Against Iran

by Esfandyar Batmanghelidj There is a telling line in Thomas Erdbrink’s recent report on Iran’s roiling currency crisis. Erbrink speaks to Kaveh and Reihaneh Taymouri, whose monthly household income fell from about $1,400 to just $90 following the collapse of… Continue Reading  

Pakistan’s IMF Dilemma

by Abrahim Shah The recently crowned Pakistan Tehreek-i-Insaf (PTI) government once again finds itself facing the realities of being in power. Following a controversial election and accusations of rigging by opposition parties, the incumbent government must now contend with an… Continue Reading  

Remodeling the Belt and Road: Pakistan Picks Up the Torch

by James M. Dorsey Pakistan, following in the footsteps of Malaysia and Myanmar, is the latest country to balk at the China and infrastructure focus of Beijing’s Belt and Road-related investments. Preparing for his first visit to China as Pakistan’s prime… Continue Reading  

Pakistani Poker: Playing Saudi Arabia Against China

by James M. Dorsey Desperate for funding to fend off a financial crisis fuelled in part by mounting debt to China, Pakistan is playing a complicated game of poker that could hand Saudi Arabia a strategic victory in its bitter… Continue Reading  

What Next for Pakistan and Imran Khan?

by Abrahim Shah The July 25 general elections in Pakistan heralded a seismic shift in Pakistan’s politics few would have envisaged a mere six months ago. The Pakistan Movement for Justice (PTI)—led by the charismatic former cricketer Imran Khan—bagged 115… Continue Reading