menu_open
Shahab Jafry

Shahab Jafry

Pakistan Today Profit

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Brent and Bibi

Two bunch of people would have started this week with long faces. One, swing traders with long Brent positions itching to make a quick buck from all...

yesterday 10

Business Recorder

Shahab Jafry

The irreplaceable Samdhi Dar

To understand why the foreign minister replaced the finance minister at the CCI (Council of Common Interests) you only have to understand why Ishaq...

04.04.2024 40

Business Recorder

Shahab Jafry

Russia, IS-K and threat of world war

If IS-K (Islamic State-Khorasan) really did strike Moscow this week – and it has hit concerts and football matches in Europe before – then we’re...

28.03.2024 40

Business Recorder

Shahab Jafry

Hawkish SBP, happy IMF

Some say it was stubborn food inflation that forced SBP’s hand at the MPC, combining with the usual Ramazan effect and typical incompetence of price...

21.03.2024 30

Business Recorder

Shahab Jafry

‘Large and long’?

Not much of what new finance minister, Muhammad Aurangzeb, said in his first official media interaction was new – privatisation, digitalisation,...

14.03.2024 20

Business Recorder

Shahab Jafry

IMF programme will test SIFC

Two is a trend, they say, and twice in two weeks now the market has shrugged off concerns of international rating agencies – about a weak coalition...

29.02.2024 30

Business Recorder

Shahab Jafry

Default, then?

Fitch’s doubts about securing a post-SBA (Stand-By Arrangement) IMF lifeline show that even leading IFIs (international financial institutions)...

22.02.2024 20

Business Recorder

Shahab Jafry

Mr Market’s periscope

Mr Market knows best, goes the old saying, so perhaps its best to look at the wild swings at the stock exchange to make some sense of what is in store...

15.02.2024 9

Business Recorder

Shahab Jafry

I’m not voting

None of the top politicians and political parties making promises about free houses and hundreds of electricity units for the poor — all made and...

08.02.2024 20

Business Recorder

Shahab Jafry

Joe Biden’s dilemma

The killing of three US servicemen in a drone strike on the Syrian-Jordanian border, claimed by Iran-backed group Islamic Resistance in Iraq (IRI),...

01.02.2024 20

Business Recorder

Shahab Jafry

TTP after Pakistan-Iran confrontation

Nobody’s talked about it yet, but you can be sure that one party that watched the Iran-Pakistan missile and drone exchange very closely was the...

25.01.2024 40

Business Recorder

Shahab Jafry

Maulana tries, and fails

For what it’s worth, Fazlur Rahman’s trip to Kabul has left me five hundred rupees richer. I bet with a journalist friend that the maulana would...

11.01.2024 40

Business Recorder

Shahab Jafry

Job of a journalist

It’s still hard to figure out which is worse. Pretty and/or entitled brats with fancy connections landing high-paying news anchor/talk show host...

28.12.2023 10

Business Recorder

Shahab Jafry

Perfect storm

Who could’ve known that Yemeni Houthis, battered and broken after almost a decade of ugly war, will light the fuse that, possibly, sparks a wider...

21.12.2023 20

Business Recorder

Shahab Jafry

So they’ll flood the tunnels now?

You have to see it to believe it, but it seems one of the unintended casualties of Israel’s genocide in Gaza is going to be the myth of free media....

14.12.2023 20

Business Recorder

Shahab Jafry

Why Erdogan is right about Hamas

Why do you think Genocide Joe – POTUS’s new nickname advocated by American Muslim champions of the Abandon Biden campaign ahead of the US election...

07.12.2023 50

Business Recorder

Shahab Jafry

Only Gaza will decide about its future

Now is the time, with a four-day truce in place, to listen to the resistance in Gaza about a solution to the conflict instead of imposing one on them...

23.11.2023 40

Business Recorder

Shahab Jafry

In extremis, anything is possible!

Oh hush hush, ummah’s leaders, lest you wake. Heads of Muslim states, from rich Arab princes and kings to democrats controlling some of the...

16.11.2023 10

Business Recorder

Shahab Jafry

Horrors of Yemen, the forgotten war

This week’s column is an embarrassed response to a riveting reader’s comment from last week, where I lamented that Israel’s success in derailing...

09.11.2023 30

Business Recorder

Shahab Jafry

On the table, getting carved

Israel’s success in bulldozing all attempts of international mediation in the Gaza conflict (thank you Uncle Sam) means bombs, bullets and white...

02.11.2023 30

Business Recorder

Shahab Jafry

Markets roll back fears of big ground invasion

A recent Bloomberg report notes: Asked on Friday whether Israel should delay the ground operation, President Joe Biden told reporters “Yes.”...

26.10.2023 10

Business Recorder

Shahab Jafry

War and change in the Middle East

Once again war is poised to shake the political calculus of the Middle East. For, it’s always war, never peace deals or shuttle diplomacy, that...

12.10.2023 100

Business Recorder

Shahab Jafry

Bond vigilantes and inversion anxiety

One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all recessions have inverted yield curves”,...

05.10.2023 20

Business Recorder

Shahab Jafry

Quintessential Riyal Politik

Saudi crown prince and de facto ruler Mohammad bin Salman’s recent interview to Fox TV was a classing exercise in strategic ambiguity, saying plenty...

28.09.2023 40

Business Recorder

Shahab Jafry

Only and only elections…

Here’s a scenario. The president doubles down on his deadline for the election, the supreme court agrees that it was indeed the prerogative of the...

21.09.2023 10

Business Recorder

Shahab Jafry

Army and the rupee

An old Indian friend, editor of an international newspaper in the Gulf, asked last week if it was alright to run a story suggesting that...

14.09.2023 20

Business Recorder

Shahab Jafry

Bad news for Asian FX, esp PKR

Pakistani monetary authorities can only count their sorrows as King Dollar’s unrelenting advance pushes Asian currencies to lows not seen in months,...

07.09.2023 10

Business Recorder

Shahab Jafry

41aedb3465072aa92255ab1ee789b20d