Financial Economics

Brexit has been a hot subject in the past few weeks as the UK is nearer to withdraw itself from the EU. As Brexit is around the corner, it's becoming a great topic whether Theresa May cannot present the deal, but also passed this deal through parliament. Till now Theresa May cannot give the bill. There are many problems in the queue such as trade deal, Irish border, and EU people living in the UK and vice versa, but in this blog, we will see why the UK needs Brexit. To understand lets first see what the EU is. The European Union is a political and economic union of 28 member states that located primarily in Europe. They established the EU in 1999 and came into full force in 2002. EU has developed a single internal market through a law to all member nations. The main aim of the EU is to have a free movement of people, goods, services, and capital within the internal market. The EU also makes the rules for trade. In simple words, the EU provides a collective bargi...

China Pakistan Economic Corridor (CEPC) is an initiative taken by a Chinese and Pakistani Govt. It a part of China’s One Belt One Road initiative (OBOR), CPEC is creating to boost trade between China and Pakistan and by this route, China can by-pass oceans. The CEPC plan involves constructing a network of transport, energy, industrial and agricultural projects that will stretch around 2,700 KM. from Gwadar port in Pakistan to Chinas Xinjiang. CPEC can help Pakistan to increase its export and boost its economy, as the trade between China and Pakistan can become more comfortable. It will connect two ports of Pakistan with China via roads and rails. CPEC will make across Pakistan and connect to China. So why did these projects will create problem to Pakistan we will discuss this in the Blog. 1.      Overspending on CEPC –                                         ...

The US and China are the top two economies in the world under a trade war. The US has started this due to Trade imbalance between the two countries. The US is facing a trade deficit due to more import and less export to China. This will be harmful to The US in the long run. Due to a trade war, the US has imposed a $200 Billion Tariff on China and in return, China has imposed a $60 Billion (Till the date) Many of you may have a question of how this trade war will be a golden opportunity for India? There is a gap created in both economies that India can fill by exporting its goods and services. Let’s understand 1.      The US–             The US is a big country with people with a high standard of living. Due to a trade war, Chinese goods will be more expensive than earlier. So India has to produce products to concentrate on these markets first.    Following are goods which India can take advantage.  The US im...

This is one of the most trending topics in the world, the country like Venezuela who said to have most significant oil resources in the world have this condition, and you already know the importance of oil in the economy, so why? A country like this is going through hyperinflation we are going to discuss this. So before we start let’s see what hyperinflation is.                                                                                       According to Oxford Dictionaries                              ...