Greece: The Eurozone is Better Off Without
Greece continues to test the patience of the eurozone and I cannot find any objective reason why it should remain a part of the European Union (EU). It’s never a … Continue reading
Pakistan and Iran: Gas Pipeline Fallacy Continues
During last week’s meeting between Pakistani Prime Minister Nawaz Sharif and Iranian President Hasan Rowhani, the two leaders trumpeted their efforts to restart the stalled Iran-Pakistan gas pipeline. Sharif stated … Continue reading
India: Economy Slows but Defense Sales Retain Potential
Reflecting the structural weakness of the Indian economy, the country’s currency (Indian rupee) has fallen 20 percent since the beginning of the year. Consequently, the initial $37.7 billion defense budget … Continue reading
Dubai: Here We Go Again
A few years ago, when the Arab emirate of Dubai was facing the brunt of the global financial crisis, the government of Mohammed bin Rashid Al Maktoum blamed rampant real … Continue reading
Jordan: Unclear how US Bombing would Lessen Threat from Syria
One of the arguments being made by the US administration for intervention in Syria is that it will protect US allies and Syrian neighbors from Damascus and its dangerous agenda. … Continue reading
India: If it was the US, there would be no Economic Doldrums
After many years of warnings and dire predictions, the bad news for the Indian economy is finally coming true. I have to admit that as one of the soothsayers who … Continue reading
United States: Housing Recovery is a Farce
According to news reports, the US housing sector has finally begun to recover from its historic crash as home prices are rising and the associated industries are all seeing an … Continue reading
Pakistan: Return to the IMF with a New Begging Bowl
The International Monetary Fund (IMF) announced today that it had reached a provisional agreement with Pakistan’s newly elected government for a three-year $5.3 billion loan at a likely interest rate … Continue reading
Pakistan: Iran’s Plan to Develop Gas Pipeline and Refinery Unlikely to Amount to Anything
Energy shortages are fast becoming the norm in most nations and nowhere is this truer than in Pakistan where energy demand far outpaces resources and supplies. These shortages hurt multiple … Continue reading
Industry: The Consistent Strength of the Defense Market Continues to Provide Opportunities
The basic assumption behind multinationals corporations (MNCs) is that a weakness in one geographic region – setting aside the vicissitudes of market sectors – can be compensated by a corresponding … Continue reading
All Sorts of Things 