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  1. Wood

    Russia-Ukraine War - News and Developments PART 2

    I don't want to talk about American domestic politics in this thread, but cannot resist the temptation to point out that the conservative party in US is little more than a personality cult these days. This means that the conservative party position is subject to the whims of the cult leader, who...
  2. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    1) I do not say that PLMN is good. I only mean to say that PTI is not good. Hope that this is simple for you to understand. 2) I've not shifted the argument at all. Perhaps you have not been able to understand my point. When I criticize PTI era's economic growth rate, it is to make a point that...
  3. Wood

    Russia-Ukraine War - News and Developments PART 2

    So the only way for Ukraine to survive this war is by increasing the body count with Russian reservists to a point where Putin's authority is domestically challenged. That is perhaps years away and a lot can change (in terms of western support) if Tucker Carlson's homeboy gets to White House...
  4. Wood

    US Hands it to Indian Cry Babies

    Mr. Blinken is honest and upfront when he says that America's defense partnership with Pakistan is for the fight against terrorists. It is meant to secure Pakistan's cooperation for America's 'over the horizon' operations in Afghanistan. The US still considers Taliban (and affiliated groups) in...
  5. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    The very first line in your argument has a flaw. As always, PTI supporters do not speak with facts. Please take a look at when Fitch predicted CAD to rise from 4% to 5%...
  6. Wood

    NET Indian direct tax rises 23% to7.04 Lakh crore SO FAR

    Yes, that could have brought more people outside the tax exemption category. Also, this seems to be YoY figure. Not sure if COVID recovery also has an influence. What we want to see is real growth in wages and movement of working population into organized sector leading to an increase in tax...
  7. Wood

    NET Indian direct tax rises 23% to7.04 Lakh crore SO FAR

    Great to see that direct taxes are increasing. I'm not a fan of indirect taxes, but direct tax collection increase is indeed a good reason to celebrate! It likely means that India's tax base has increased :yahoo:
  8. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    Ah, the myth of cheaper oil from Russia. Do you have any evidence to suggest that there was such a deal? Does Pakistan even have the oil tankers to ship 'em from Russia? I'm not speculating about money printing. It is a natural turn for ALL governments that run with CAD. You have still not...
  9. Wood

    Floods in Pakistan: Biggest Global Polluters US, Europe, China and India Must Accept Responsibility

    Developed countries will help Pakistan. Developing countries will not be a position to help anyone but for themselves. However, the timing of this flood that coincides with a global recession is a double whammy for Pakistan. It will affect how much the developed nations can spare for...
  10. Wood

    Substantial improvement in CAD position for PaK

    On the contrary, the community in PDF is more civil to Indian people than I would expect it to be. Certain amount of hostile attitude is par for the course for Indians in Pakistani forum and vice versa anyway :cheers:
  11. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    What are your expectations from Mr. Dar in terms of macro economic indicators within the next 6 months? Please consider the domestic (floods) and international (recession) challenges when you frame these expectations :pop:
  12. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    I did not say that PTI has printed for subsidy already. But it is common sense that you either borrow USD or print PKR to fund fiscal deficits. You have either misread my comment or have just started to learn these fundamental aspects of administration. Please note that budget is just a plan...
  13. Wood

    Biden makes passionate appeal for Pakistan aid

    The Biden administration is stepping up in a big way to help its long term regional ally. The US is already the nation that has contributed the most aid for Pakistan's flood relief. Biden is an old war horse from the cold war era. I'm sure he favors the well being and recovery of Pakistan's...
  14. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    It is IMF Mission chief who said that Imran Khan's subsidy violated IMF terms. What development spending was cut? Please help us understand how these cuts affected fiscal deficit and why the CAD (trade deficit + fiscal deficit + CA surplus including remittances) was projected at 5% by the...
  15. Wood

    Russia-Ukraine War - News and Developments PART 2

    OMG! That is great news for Ukraine :cheers:
  16. Wood

    Floods in Pakistan: Biggest Global Polluters US, Europe, China and India Must Accept Responsibility

    PM Shehbaz has also made a similar diplomatic appeal without pointing fingers. UN has subsequently issued a memo asking creditors to Pakistan differ loan payments. The international community will sure help Pakistan through this crisis :agree:
  17. Wood

    PM Shehbaz Sharif paid for UNGA visit from his own pocket

    The opinion that I've stated is based on the article posted by OP. I did not read the entire thread. You can at best accuse me for trusting fake news and then make a case for why the information posted by OP (about hotel stay etc.) is fake. But if you take the news at face value, then it is...
  18. Wood

    PM Shehbaz Sharif paid for UNGA visit from his own pocket

    How is it bias if I say that a PM footing his own travel bill deserves appreciation? I don't justify a bad action with bias. I merely applaud and appreciate a magnanimous gesture. Every $ saved for the exchequer is a $ earned for the country. Should you not say that people who troll this good...
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