ultranomics

Our brand spanking new democratic PPP government has finally managed to find the sacrificial goat or ‘patli gardun’ responsible for all of Pakistan’s current economic evils. The news is that the State Bank has suspended the licence of Pakistan’s top money changer company Khanani and Kalia International [they used to sponsor news and current affairs [...]

The great success story of the new millenium, Pakistan’s friendly-giant neighbour, China is finally beginning to feel the effects of the global slowdown. The great hulking machine that was the powerhouse of world ‘trinket’ production is beginning to run out of steam. (We like the word trinket here at Ultranomics – by it we refer [...]

Here in autumnal UK, it seems we are certainly living through one of those accursed ‘interesting’ times as per the clichéd old chinese proverb.
On the face of it last week’s 1.5% base rate cut (down to a 53 year low of 3%) by the Bank of England should put a smile on the face of [...]