There was a time when Europe was undergoing unprecedented transformation. With the advent of stream Engine, the economic norms including means of production, trade patterns, and labor market configurations, had been witnessing dramatic changes. Clearly, these were the departing signs from pastoral to industrialist society.
Why Iran Pak Gas Pipeline project is not completed?
The terms of the project were that it had to be completed by Dec 2014, and Iran had to deliver 21.5 million cubic meters of gas per day to Pakistan after the completion. However, things didn’t happen as perceived; due to international sanctions on Iran, and Pakistan’s strategic interest aligned with Saudi Arabia (a concrete ideological and geo-political foe of Iran).
Inflation in Pakistan – Causes, Impacts and Remedies
On one hand, the state increases the prices of household items up to unfavorable limits. On the other, the government imposes heavy taxes on every sector resulting in a lower ability to purchase things and items. However, it is pertinent here to cite the adage of Milton Friedman, ” Inflation is taxation without legislation.