I am genuinely struggling to understand this logic.
If the rest of the world is willing to pay a small toll to Iran to keep oil flowing and stabilise markets, then why does the U.S. feel the need to block all shipping, especially when it is not dependent on that oil?
How Pakistan made the world over 3 trillion dollars richer
On April 7, the world edged toward Trump's 8pm ultimatum that "a whole civilization will die tonight." By mid-afternoon, Polymarket gave less than a 5% chance for a ceasefire. But then in a flurry of last-minute diplomacy led by Pakistan's PM Shehbaz Sharif, ceasefire odds shifted from near-impossibility to 100%, as both U.S. and Iranian leadership publicly acknowledged the important role played by Pakistan.
The sharp shift in probability of ceasefire from near-zero to certainty, allows us to estimate cleanly the market value of Pakistan's successful diplomacy. There was a sharp jump of 2.9% in S&P500 around the ceasefire announcement. The reaction was similar the world over.
Global markets represent about $125T, so a 2.9% jump represents a gain of 3.6 trillion dollars for the world. Pakistan helped create TEN times its own GDP for the world!
For me, the best part is not the trillions of dollar, but seeing Pakistan on the world stage as a peace maker.
I hope Pakistan runs with this new identity by promoting peace not only abroad, but also at home. That means moving away from politics of division and exclusion, and treating every citizen as its own.
اس ڈر سےمیں قمیض کبھی جھاڑتا نہیں
کب جانے آستین سے احباب گر پڑیں
جاگیں تو احتیاط سے پلکوں کو کھولئے
ایسا نہ ہو کہ آنکھوں سے کچھ خواب گر پڑیں
رہنے بھی دیں نہ منہ مرا کھلوائیے جناب
ایسا نہ ہو کہ آپ کے القاب گر پڑیں
Instead of going to Dubai to find out the properties bought with so called corruption money, lets start this exercise with DHA, Bahria, City Housing and other upscale societies.
@kashifmateenpk Sir, we don't practice water conservation or energy conversation even at our homes. We need to teach children by our actions. You are right in pointing out a serious problem to be faced in near future.
RAAST person to merchant transactions being implemented on ground as per SBP deadline of 31st March 2024.
Merchants will be able to receive funds at zero fee, instantly & fully documented.
RAAST & POS is the best solution to document 🇵🇰🇵🇰 retail economy.
Message to the Aussies: check everything before the final. The metal and markings on the coin, the weight of the roller, the toxins in the dressing room's paint, the alignment of the Moon and Venus, etc. Leave nothing to chance, since you don't want to end up feeling insecure.