Recent content by Wood

I've said that immigration has likely had significant contribution to UK's innovation. Many people underestimate the impact of immigration's impact on scientific contribution. Innovation is not the only sector that made UK work. London was also a big financial center before Brexit. That has...

Do we have FII outflow data for this? Does the FII outflow not correspond with federal interest rate hit in the US? All other developing countries seem to think so. Wonder why the same yardstick cannot possibly apply for Pakistan. 🤔

1) I've already said that I do not spite the UK or its people. Canadians after all still have the queen on the money. So don't bring strawman arguments to somehow deflect the topic. 2) UK's glorious past and its contribution to science overall is not the topic. Once again, please do not...

How much of this innovation is because of EU immigration to the country? London - that was part of EU - was a good headquarters location for many European companies. I will not be surprised if UK will slide on the innovation scale in the coming decades. I have no spite for the UK and its people...

Canada is a resource rich country that has the most permissive free trade deal and largely undefended land border with the largest consumer market in the world. UK is not Canada by any means. I don't see the upside for UK after Brexit. :disagree:

The political situation in UK seems to be similar to the time when Winston Churchill was brought to power in WW2. At that time, no one wanted to take the helm as PM of UK because Hitler was routing the Royal armed forces from all sides and even a face saving surrender was unlikely. Today, the UK...

This has been a disaster for the conservatives in UK. Ever since Brexit, the UK has been on a downward slide. I wonder if UK will have another referendum to join with the EU again. This time negotiate an arrangement with EU that is seen as 'fair' by the pro-Brexit population. 🤔 🤔

Great news! Need more such positive news posted here to lift the spirits of the community :cheers:

Mr. Dar has explained that PKR is appreciating because it was abnormally low earlier through speculation that Pakistan will default. The REER index published by SBP also clearly backs up his explanation. The supporters of the opposition will abandon reason and logic when they propagate lies on...

Ah, we have another 'charts' man. If the discount on oil is $10, then how does a $20 subsidy get offset? Do any of these charts matter in this context? Only simpletons will try to argue that they do. PTI or Imran Khan never had any deals with Russia. He only expressed intent and PDM has done...

Smart move. This will allow Pakistan to improve services sector export. This sector requires almost no imports to trouble the CAD. Good high income services export jobs will inturn support other jobs indirectly! :cheers:

In other words, print PKR and make it 500 PKR per $?

How else can Pakistan finance the reconstruction of critical infrastructure that was damaged by floods? Loans from multilateral agencies are usually cheap :pop:

US Dollar is appreciating against all currencies :agree:

I'm not celebrating at all. Just stating the obvious. :bunny: