# SawBank --- ## Pages - [Join Us](https://sawbank.com/membership-join/): This page and the content has been automatically generated for you to give you a basic idea of how a... - [Term Conditions](https://sawbank.com/lp-term-conditions/): The purchase of items or services from our website implies that you have read and accepted these Terms and Conditions.... - [Home](https://sawbank.com/): Saw Bank: Latest News about all things economics, startups, forex, banking , and beyond. Stay informed, stay ahead. - [Join Us](https://sawbank.com/membership-join-2/): Choose Your Plan Get unlimited access to everything Monthly Plan Plans starting at less than $9/month. Cancel anytime. $9/monthUnlimited access... - [Restricted content](https://sawbank.com/restricted-content/): Dem ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab... - [Membership Levels](https://sawbank.com/membership-account/membership-levels/): Standart Free Sed ut perspiciatis unde omnis Laudantium totam aperiam Quae ab illo inventore veritatis Architecto beatae vitae dicta Voluptatem... - [Contact](https://sawbank.com/contact/): Get In Touch Contact US /*! elementor – v3. 6. 2 – 04-04-2022 */ . elementor-widget-image{text-align:center}. elementor-widget-image a{display:inline-block}. elementor-widget-image a... - [Customize Interests](https://sawbank.com/customize-interests/): Customize your interests You can get updates for your interests. Follow any categories you want to see in the Foxiz... - [Service Plus](https://sawbank.com/service-plus/): Dear Customers, Our primary goal is developing a secure and customizable theme framework that meets the needs of the end... - [FAQs](https://sawbank.com/faqs/): Approach Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae... - [Contacts](https://sawbank.com/contacts/): I agree that my submitted data is being collected and stored. Phone: +1(800)123-4567+1(800)123-4567 Location: 176 W street name, New York,... --- --- ## Posts - [Samsung Co-CEO Han Jong-hee Passes Away at 63](https://sawbank.com/samsung-co-ceo-han-jong-hee-passes-away-at-63/): Samsung Electronics announced the sudden passing of its Co-Chief Executive Officer, Han Jong-hee, who died of a heart attack on... - [Tom Brady and Tom Wagner Invest Over $200 Million in Las Vegas Raiders](https://sawbank.com/tom-brady-and-tom-wagner-invest-over-200-million-in-las-vegas-raiders/): Key Points : The National Football League team owners have officially approved Tom Brady as a minority owner of the... - [Bank of America Reports Higher Revenue Exceeding Analyst Estimates](https://sawbank.com/bank-of-america-reports-higher-revenue-exceeding-analyst-estimates/): Key Points: In its brand new earnings document, Bank of America showcased a resilient overall performance in spite of facing... - [China's $325 Billion Plan: A Bold Move for Economic Recovery](https://sawbank.com/chinas-325-billion-plan-a-bold-move-for-economic-recovery/): On October 12, 2024, China announced a giant financial help plan worth $325 billion aimed at boosting its struggling financial... - [Starbucks Hands Out $113 Million Welcome Bonus to New CEO](https://sawbank.com/starbucks-hands-out-113-million-welcome-bonus-to-new-ceo/): In a move that has raised eyebrows among investors and the public, Starbucks has unveiled a substantial compensation package for... - [Starbucks Fired Indian CEO Laxman Narasimhan](https://sawbank.com/starbucks-fired-indian-ceo-laxman-narasimhan/): Starbucks Corporation has suddenly parted ways with its CEO, Laxman Narasimhan, effective immediately. This surprising decision comes during a time... - [Pakistan Budget 2024-2025: Complete Details](https://sawbank.com/pakistan-budget-2024-2025-complete-details/): Pakistan’s budget for the fiscal year 2024-2025 totals $67 billion, carefully allocated to meet the country’s most critical needs while... - [Monal Management, CDA, and Military Clash Over Rent, Leading to Restaurant Closure](https://sawbank.com/monal-management-cda-and-military-clash-over-rent-leading-to-restaurant-closure/): The closure of Monal Restaurant, once an iconic establishment in Islamabad’s Margalla Hills National Park, serves as a stark reminder... - [Top 10 Biggest Economies in the World: Global Powerhouses and Market Trends](https://sawbank.com/the-biggest-economies-in-the-world/): The global economy is a dynamic and intricate environment where nations are constantly vying for a more significant piece of... - [Top Millennial-Friendly Digital Banking Solutions for 2024](https://sawbank.com/top-millennial-friendly-digital-banking-solutions-for-2024/): Best online banking apps for millennials Top Millennial-Friendly Digital Banking Solutions for 2024 as the digital landscape continues to evolve,... - [A Beginner's Guide to AI in Forex Trading: Techniques and Strategies](https://sawbank.com/a-beginners-guide-to-ai-in-forex-trading-techniques-and-strategies/): Guide to AI in Forex trading, where we demystify techniques, software, and strategies shaping today’s dynamic markets. Today’s market has... - [How Blockchain is Changing the Financial World](https://sawbank.com/how-blockchain-is-changing-the-financial-world/): How Blockchain is Changing the Financial World: Blockchain technology has rapidly evolved from its roots in cryptocurrency to a transformative... - [India Overtakes China as World's Most Populous Nation](https://sawbank.com/india-overtakes-china-as-worlds-most-populous-nation/): India Overtakes China as World’s Most Populous Nation has surpassed China to become the world’s most populous country, presenting both... - [Petguru.pk: Revolutionizing Pet Care and Veterinary Education in Pakistan](https://sawbank.com/petguru-pk-revolutionizing-pet-care-and-veterinary-education-in-pakistan/): Petguru. pk is an innovative and comprehensive platform that has quickly become a cornerstone in the world of pet care... - [What Role Do Entrepreneurs Play in Economics?](https://sawbank.com/what-role-do-entrepreneurs-play-in-economics/): The first question rise in our mind What Role Do Entrepreneurs Play in Economics? when we talk about entrepreneurs .... - [Pakistan Economic Growth: An In-Depth Analysis](https://sawbank.com/pakistan-economic-growth-an-in-depth-analysis/): Analyzing GDP growth rates, one can illustrate that the economic growth of Pakistan has a rich and diverse character. However,... - [SadaPay Acquired by Turkish Neobank Papara in $30 Million Deal](https://sawbank.com/sadapay-acquired-by-turkish-neobank-papara-in-30-million-deal/): In a positive move for the Pakistani fintech space, the Turkish-based Neobank Papara has bought out SadaPay, a leading fintech... - [Analysis of Pakistan Budget 2024-25 Expectations](https://sawbank.com/analysis-of-pakistan-budget-2024-25-expectations/): The upcoming Pakistan budget for the fiscal year 2024-25 has garnered significant attention and speculation from a wide array of... - [Amritsar Traders Urge Resumption of Trade with Pakistan through Attari-Wagah Land Route](https://sawbank.com/amritsar-traders-urge-resumption-of-trade-with-pakistan-through-attari-wagah-land-route/): Amritsar traders are urging for the resumption of trade with Pakistan through the Attari-Wagah land route, citing economic benefits and... - [Pakistan's Forex Reserves Expected to Reach $9 to $10 Billion by End of June](https://sawbank.com/foreign-exchange-reserves-expected-to-reach-9-to-10-billion-by-end-of-june/): Pakistan’s foreign exchange reserves are expected to reach a substantial $9 to $10 billion by the end of June, marking... - [Pakistan Attracts $10 Billion Investment from UAE](https://sawbank.com/pakistan-attracts-10-billion-investment-from-uae/): In a major boost to Pakistan’s economy, the United Arab Emirates (UAE) has announced a significant investment of $10 billion... - [The Visionary Founder Behind Akhuwat Foundation's Microfinance Revolution](https://sawbank.com/the-visionary-founder-behind-akhuwat-foundations-microfinance-revolution/): Dr. Amjad Saqib, a renowned Pakistani social entrepreneur, has dedicated his life to empowering low-income individuals and communities through interest-free... - [Pakistan Needs to Adopt UAE's Economic Model, Says PM](https://sawbank.com/pakistan-needs-to-adopt-uaes-economic-model-says-pm/): Pakistan’s Prime Minister has recently emphasized the need for the country to adopt the economic transformation model of the United... - [IMF Gives Green Light to Final USD 1.1 Billion Bailout for Pakistan](https://sawbank.com/imf-gives-green-light-to-final-usd-1-1-billion-bailout-for-pakistan/): The International Monetary Fund (IMF) approved a fresh tranche of 1. 1 billion dollars for Pakistan’s bailout package, which is... - [Impacts of Rising Sea Levels on Oil Trade: Think Tank's Alarming Report](https://sawbank.com/impacts-of-rising-sea-levels-on-oil-trade-think-tanks-alarming-report/): The blog highlights the significant threat that rising sea levels pose to global oil shipments. The increased risk of flooding... - [India's Travel and Tourism Index Rank Increases to 39th](https://sawbank.com/indias-travel-and-tourism-index-rank-increases-to-39th/): India’s global travel and tourism index rank has improved significantly, moving up to the 39th position according to the World... - [Iran's President and Foreign Minister Killed in Helicopter Crash: A Devastating Blow to the Nation](https://sawbank.com/irans-president-and-foreign-minister-killed-in-helicopter-crash-a-devastating-blow-to-the-nation/): The blog discusses the shocking news of Iran’s President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian being found dead at... - [Elon Musk's Starlink Satellite Internet Service Takes Off in Bali](https://sawbank.com/elon-musks-starlink-satellite-internet-service-takes-off-in-bali/): Elon Musk’s Starlink Satellite Internet Service Takes Off in Bali” The SpaceX satellite internet service Starlink, led by Elon Musk,... - [Paramount Global Receives Competing $26 Billion Cash Offer from Sony and Apollo](https://sawbank.com/paramount-global-receives-competing-26-billion-cash-offer-from-sony-and-apollo/): Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements with Paramount to acquire the company for $26 billion.... - [Twitter Transforms: Elon Musk's Vision Realized as Social Media Giant Becomes 'X'](https://sawbank.com/twitter-transforms-elon-musks-vision-realized-as-social-media-giant-becomes-x/): Elon Musk, the visionary entrepreneur behind Tesla and X, has officially announced that Twitter’s rebranding to ‘X’ is now complete.... - [Biden Administration Imposes New Tariffs on Chinese Imports: A Protective Measure Against Unfair Competition](https://sawbank.com/biden-administration-imposes-new-tariffs-on-chinese-imports-a-protective-measure-against-unfair-competition/): USA : President Joe Biden announced a significant increase in tariffs on various Chinese imports, including electric vehicles and medical... - [Apple Store Employees in Maryland Authorize Historic Strike Over Unpredictable Scheduling and Low Wages](https://sawbank.com/apple-store-employees-in-maryland-authorize-historic-strike-over-unpredictable-scheduling-and-low-wages/): Apple Store employees in Maryland, US, have voted to authorize a potential strike against the tech giant over issues like... - [Toyota Indus Motor (IMC) Drives Accessibility with Limited-Time Installment Offers](https://sawbank.com/toyota-indus-motor-imc-drives-accessibility-with-limited-time-installment-offers/): Exciting News for Car Enthusiasts! Toyota Indus Motor (IMC), Pakistan’s leading automobile manufacturer, has announced a range of attractive installment... - [US Threatens Sanctions Over Iran-Pakistan Gas Pipeline: A New Front in the Global Energy War?](https://sawbank.com/us-threatens-sanctions-over-iran-pakistan-gas-pipeline-a-new-front-in-the-global-energy-war/): The Iran-Pakistan Gas Pipeline (IP), also known as the “Peace Pipeline,” has long been a source of contention, promising energy... - [Switching Gears: How to Trade Your Financed Car for a Lease](https://sawbank.com/switching-gears-how-to-trade-your-financed-car-for-a-lease/): Are you thinking about switching from a financed car to a leased one? It’s a question that many car owners... - [Pakistan's Economic Crisis: The IMF's Tight-Fisted Approach](https://sawbank.com/pakistans-economic-crisis-the-imfs-tight-fisted-approach/): Pakistan is having a really hard time with money right now. The International Monetary Fund (IMF) is a big part... - [Economic Reflections: PM Shehbaz Sharif's Bold Statement on Pakistan's Position Compared to Bangladesh](https://sawbank.com/economic-reflections-pm-shehbaz-sharifs-bold-statement-on-pakistans-position-compared-to-bangladesh/): Date: May 10, 2024 KARACHI, PAKISTAN – In a stunning revelation, Pakistan’s Prime Minister Shehbaz Sharif has expressed his nation’s shame and... - [Pakistan Receives $2.8 Billion in Remittances, Second Highest in FY 2023-24](https://sawbank.com/pakistan-receives-2-8-billion-in-remittances-second-highest-in-fy-2023-24/): Pakistan received the second-highest workers’ remittances of the ongoing fiscal year 2023-24 at $2. 8 billion in April 2024, contributing... - [International Investors Explore Pakistan's Economic Opportunities](https://sawbank.com/international-investors-explore-pakistans-economic-opportunities/): A group of international investors, led by Ahmad Bozai from Citibank Pakistan, met with Pakistan’s Finance Minister, Senator Muhammad Aurangzeb,... - [Government Approves Rs147 Billion Supplementary Budget for Prime Minister's Office Renovation and Honorariums](https://sawbank.com/government-approves-rs147-billion-supplementary-budget-for-prime-ministers-office-renovation-and-honorariums/): The government has approved a supplementary budget totaling Rs147 billion. This budget covers various obligations, including a notable Rs363 million... - [Saudi Investors Arrive in Pakistan Eager to Discover New Business Opportunities](https://sawbank.com/saudi-investors-arrive-in-pakistan-eager-to-discover-new-business-opportunities/): A high-level Saudi business delegation, led by Deputy Investment Minister Ibrahim Almubarak, has arrived in Pakistan to explore investment opportunities... - [How to Start Your Own Private Bank: A Comprehensive Guide](https://sawbank.com/how-to-start-your-own-private-bank-a-comprehensive-guide/): Starting your private bank is a significant and highly regulated undertaking. This financial institution offers customized services to high-net-worth individuals... - [Power Struggle: The Battle Over Solar Pricing in Pakistan](https://sawbank.com/power-struggle-the-battle-over-solar-pricing-in-pakistan/): With net metering, when solar panels generate more electricity than the consumer uses, the surplus power flows back to the... - [How to Understand Who Holds Economics in Her Hands](https://sawbank.com/how-to-understand-who-holds-economics-in-her-hands/): Economics, often visualized by the iconic figure of Adam Smith, is the social science that studies how individuals, governments, businesses,... - [Economic Models: A Guide to Their Functions and Limitations](https://sawbank.com/economic-models-a-guide-to-their-functions-and-limitations/): Economic models are essential for understanding complex economic processes, making predictions, and informing policy decisions. However, they are not without... - [Which Bank Is Best In Pakistan ?](https://sawbank.com/which-bank-is-best-in-pakistan/): Pakistan’s banking sector is robust and diverse, offering a range of services to meet the financial needs of its population. In this... - [How to Calculate Price Index in Economics](https://sawbank.com/how-to-calculate-price-index-in-economics/): In economics, the price index is a crucial tool to measure the average price change of a basket of goods... - [The Role of the World Bank in Promoting Economic Development](https://sawbank.com/the-role-of-the-world-bank-in-promoting-economic-development/): The World Bank is a pivotal institution in the global effort to promote economic development and reduce poverty. The World... - [How Democracy Promotes Economic Development](https://sawbank.com/how-democracy-promotes-economic-development/): Democracy is often touted as more than just a political system; it catalyzes economic prosperity. This relationship between democratic governance... - [How Changes in Interest Rates Affect the Housing Market ?](https://sawbank.com/how-changes-in-interest-rates-affect-the-housing-market/): The housing market is a dynamic entity significantly influenced by changes in interest rates. Understanding this relationship is crucial for... - [The Role of Financial Innovation in the Economy](https://sawbank.com/the-role-of-financial-innovation-in-the-economy/): Financial innovation is crucial in shaping the economy by introducing new financial products, services, and processes that can lead to... - [PM Shehbaz Sharif removed 25 officers from the Federal Board of Revenue (FBR)](https://sawbank.com/pm-shehbaz-sharif-removed-25-officers-from-the-federal-board-of-revenue-fbr/): Based on the search results provided, here are the critical points regarding Prime Minister Shehbaz Sharif’s purging of the Federal... - [What are the main factors that determine the level of unemployment in an economy?](https://sawbank.com/what-are-the-main-factors-that-determine-the-level-of-unemployment-in-an-economy/): Unemployment is a critical economic indicator that reflects the health of an economy. It is defined as a situation where... - [Woman Arrested After Trying to Secure Loan with Deceased Uncle](https://sawbank.com/woman-arrested-after-trying-to-secure-loan-with-deceased-uncle/): In a bizarre incident that has gone viral on social media, a woman in Rio de Janeiro was arrested after... - [WhatsApp Gets a Whitewash: Beta Testers Trying Out "Colorless" UI Update](https://sawbank.com/whatsapp-gets-a-whitewash-beta-testers-trying-out-colorless-ui-update/): WhatsApp, the world’s most popular messaging app, is getting a visual refresh! Beta testers are currently experiencing a new UI... - [How Artificial Intelligence is Transforming Banking](https://sawbank.com/how-artificial-intelligence-is-transforming-banking/): Automated Financial Planning: AI can analyze your income, spending habits, and financial goals to create personalized financial plans. Imagine AI... - [What is the law of demand and how does it impact prices?](https://sawbank.com/what-is-the-law-of-demand-and-how-does-it-impact-prices/): The law of demand is a basic fundamental economic concept that underlines a relationship between product prices and the quantity... - [Pakistan's Quest for Economic Stability: A New Chapter with the IMF](https://sawbank.com/pakistans-quest-for-economic-stability-a-new-chapter-with-the-imf/): Pakistan has been negotiating with the International Monetary Fund (IMF) to get a multi-billion dollar loan deal to sustain a... - [Successful young entrepreneur Catherine Cook Creator of MyYearBook.com](https://sawbank.com/successful-young-entrepreneur-catherine-cook-creator-of-myyearbook-com/): As a youthful entrepreneur and an outstanding innovator, young entrepreneur Catherine Cook Creator of MyYearBook. com is a remarkable example... - [World Bank $1 Billion Loan for Dasu Hydropower Project](https://sawbank.com/world-bank-1-billion-loan-for-dasu-hydropower-project/): It is important to note that the World Bank has approved a $1 Billion Loan for Dasu Hydropower to impact... - [The Impact of Policy Changes on International Trade Dynamics](https://sawbank.com/the-impact-of-policy-changes-on-international-trade-dynamics/): The intricate web of international trade is significantly influenced by policy changes that Impact of Policy Changes on International Trade... - [Repo Market Sees Unusual One-Day Rate Drop Amid High Transaction Volume](https://sawbank.com/repo-market-sees-unusual-one-day-rate-drop/): In a surprising development within the US short-term funding markets, a key repo interest rate, the Treasury GCF Repo Index,... - [Saudi Arabia Bolsters Pakistan's Economy with Additional $2 Billion Deposit](https://sawbank.com/saudi-arabia-bolsters-pakistans-economy-with-additional-2-billion-deposit/): In an indication that the interlinkage of finance between the two countries is growing, Saudi Arabia committed to increasing its... - [Navigating the Global Economy: A Detailed Review of International Economics](https://sawbank.com/navigating-the-global-economy-a-detailed-review-of-international-economics/): International economics (as a multidimensional field) not only gives us priceless information about the underlying complex economic interrelations of states... - [Exploring the Foundations of Macroeconomics: Concepts, Principles, and Applications](https://sawbank.com/exploring-the-foundations-of-macroeconomics-concepts-principles-and-applications/): Macroeconomics, the study of the economy as a whole, delves into the intricate web of factors shaping national and global... - [Navigating the World of Microeconomics: Concepts and Contrasts](https://sawbank.com/navigating-the-world-of-microeconomics-concepts-and-contrasts/): In the vast realm of economics, two distinct branches govern our understanding of the economic system: microeconomics and macroeconomics. In... - [Pakistan's Stock Market: KSE-100 Crosses 68,000 Points Milestone](https://sawbank.com/pakistans-stock-market-kse-100-crosses-68000-points-milestone/): The Pakistan Stock Exchange (PSX) witnessed another day of bullish, solid momentum on Thursday, April 4, 2024, as the benchmark... - [Pakistan Approves $500 Million Loan from ADB, But is it Worth the Cost?](https://sawbank.com/pakistan-approves-500-million-loan-from-adb-but-is-it-worth-the-cost/): The Pakistani government recently authorized a significant loan of $500 million from the Asian Development Bank (ADB). The objective, as... - [Airbnb Startup Success Story: Global Hospitality Giant](https://sawbank.com/airbnb-startup-success-story-global-hospitality-giant/): Have you ever wondered how Airbnb, the hospitality giant, began? It was only sometimes a billion-dollar company disrupting the travel... - [AT&T Data Breach: Millions of Customers Exposed on Dark Web](https://sawbank.com/att-data-breach-millions-of-customers-exposed-on-dark-web/): Millions of AT&T customers are on alert after the company confirmed a data leak exposing personal information of over 73... - [Trading Psychology Tips: Mind for Trading Success](https://sawbank.com/trading-psychology-tips-mind-for-trading-success/): What is Trading Psychology? Trading psychology refers to your mindset and emotions when you’re engaged in trading. It’s about mastering your own... - [Chase Online Banking: Everything You Need to Know (2024 Update)](https://sawbank.com/chase-online-banking-everything-you-need-to-know-2024-update/): In today’s fast-paced world, managing your finances needs to be convenient and secure. Chase Online Banking delivers exactly that, offering... - [super{set}: Boutique Startup Studio Raises $90 Million to Drive Data and AI Ventures](https://sawbank.com/superset-boutique-startup-studio-raises-90-million-to-drive-data-and-ai-ventures/): In a significant boost to its mission of co-founding data and AI companies, the boutique super{set} Startup Studio Raises $90... - [The Rise of AI in Forex Trading: Opportunities and Obstacles](https://sawbank.com/the-rise-of-ai-in-forex-trading-opportunities-and-obstacles/): The foreign exchange market, also known as forex, is the world’s largest financial market. With trillions of dollars traded daily,... - [Building Australia's First Mobile Bank by Van Le & Phil Parker](https://sawbank.com/building-australias-first-mobile-bank-by-van-le-phil-parker/): In the rapidly evolving digital landscape, the banking sector has witnessed a significant transformation, moving from traditional brick-and-mortar establishments to... - [Fisker Ocean Production on Hold: Cash Crunch or Strategic Pause?](https://sawbank.com/fisker-ocean-production-on-hold-cash-crunch-or-strategic-pause/): Electric vehicle (EV) startup Fisker Ocean production hits pause! Cash crunch forces EV startup to halt production & seek funding.... - [Forex Market Hours in Australia : A Comprehensive Guide](https://sawbank.com/forex-market-hours-in-australia-a-comprehensive-guide/): Forex market which is a global monetary space used for converting currency is main financial hub. Unlike exchanges of stocks,... - [Cyber Risks: The Impact of AI Obituary Scams on Businesses](https://sawbank.com/impact-of-ai-obituary-scams-on-businesses/): In an era of digital, the appearance of AI-based obituaries as a risk for businesses and people alike now belongs... - [Trading the World: Top 5 Forex Brokers for US Traders in 2024](https://sawbank.com/trading-the-world-top-5-forex-brokers-for-us-traders-in-2024/): Forex or foreign exchange market has become the largest financial market on the planet, with hundreds of billions of dollars... - [How to Stop Discord from Opening on Startup](https://sawbank.com/how-to-stop-discord-from-opening-on-startup/): Discord is a popular communication platform used by millions worldwide. While its availability on startup can be convenient for some... - [Mastering the Market: A Guide to Forex Tracking](https://sawbank.com/mastering-the-market-a-guide-to-forex-tracking/): The foreign exchange market, or forex, is dynamic and ever-changing. For traders, staying on top of currency movements is crucial... - [Best Forex Trading Platforms in 2024 Review](https://sawbank.com/best-forex-trading-platforms-in-2024/): best Forex trading platforms! Find user-friendly interfaces, advanced tools & mobile apps to trade currencies on the go. - [Diving Deep into Forex: A Beginner's Guide](https://sawbank.com/diving-deep-into-forex-a-beginners-guide/): The foreign currency market, or sales market short, is a global market place in which currencies are exchanged. It is... --- # # Detailed Content ## Pages - Published: 2025-07-11 - Modified: 2025-07-11 - URL: https://sawbank.com/membership-join/ This page and the content has been automatically generated for you to give you a basic idea of how a "Join Us" page should look like. You can customize this page however you like it by editing this page from your WordPress page editor. If you change the URL of this page, make sure to update the URL value in the settings menu of the plugin. If you delete any of the essential pages required by the plugin, this documentation will guide you in recreating them. Free Membership You get unlimited access to free membership content Price: Free! Link the following image to go to the Registration Page if you want your visitors to be able to create a free membership account You can register for a Free Membership or pay for one of the following membership options --- - Published: 2025-07-11 - Modified: 2025-07-11 - URL: https://sawbank.com/membership-join/membership-registration/ Free membership is disabled on this site. Please make a payment from the Join Us page to pay for a premium membership. You will receive a unique link via email after the payment. You will be able to use that link to complete the premium membership registration. --- - Published: 2025-07-11 - Modified: 2025-07-11 - URL: https://sawbank.com/membership-login/ Username or Email Password Remember Me Forgot Password? Join Us --- - Published: 2025-07-11 - Modified: 2025-07-11 - URL: https://sawbank.com/membership-login/membership-profile/ You are not logged in. --- - Published: 2025-07-11 - Modified: 2025-07-11 - URL: https://sawbank.com/membership-login/password-reset/ Email Address Processing password reset request... document. getElementById("swpm-pw-reset-form"). addEventListener("submit", function { let p = document. getElementById('swpm_pass_reset_processing_msg'); p. removeAttribute("hidden"); }); --- - Published: 2023-03-01 - Modified: 2023-04-19 - URL: https://sawbank.com/lp-term-conditions/ The purchase of items or services from our website implies that you have read and accepted these Terms and Conditions. Licensing All our themes are licensed under the GNU general public license. You are allowed to remove the copyright information in the footer and make any modifications you want to your themes. Clipart and Images Please keep in mind that demo images are not included in the theme package. They are copyrighted to their respective owners and, therefore, watermarked. On request, our Tech Support Team can send you the list of image ids from the corresponding website so you could download them and use on the website. Bundled Plugins License When a premium plugin is bundled with the theme, you can use the plugin without any issues. Such plugins are fully functional even though you don’t get a plugin purchase code for activation. Since you purchased a bundled product, you do NOT have a license key for that plugin so you can’t enter anything in this field. Updates to the plugins are provided when the theme itself is updated and via tickets. However, if you want automatic updates and support from the plugin developer you need to purchase it separately (this is 100% optional). Terms of Service We are a WordPress and HTML website templates developing company. We produce themes and templates that our clients can use as platforms to build websites that, in turn, become available to their clients. “ThemeREX” and the contents of it’s website https://themerex. net is... --- - Published: 2022-04-08 - Modified: 2022-04-08 - URL: https://sawbank.com/membership-join-2/membership-registration-2/ Free membership is disabled on this site. Please make a payment from the Join Us page to pay for a premium membership. You will receive a unique link via email after the payment. You will be able to use that link to complete the premium membership registration. --- - Published: 2022-04-08 - Modified: 2022-04-08 - URL: https://sawbank.com/membership-login-2/membership-profile-2/ You are not logged in. --- > Saw Bank: Latest News about all things economics, startups, forex, banking , and beyond. Stay informed, stay ahead. - Published: 2022-04-08 - Modified: 2025-07-12 - URL: https://sawbank.com/ LATEST NEWS edit Paramount Global Receives Competing $26 Billion Cash Offer from Sony and Apollo May 18, 2024 edit Pakistan Receives $2. 8 Billion in Remittances, Second Highest in FY 2023-24 May 10, 2024 edit Analysis of Pakistan Budget 2024-25 Expectations May 28, 2024 edit Pakistan’s Economic Crisis: The IMF’s Tight-Fisted Approach May 11, 2024 edit The Visionary Founder Behind Akhuwat Foundation’s Microfinance Revolution May 24, 2024 TRENDING Trading Psychology Tips: Mind for Trading Success Startups & Entrepreneurship March 31, 2024 Pakistan Approves $500 Million Loan from ADB, But is it Worth the Cost? Business News and Analysis April 2, 2024 Woman Arrested After Trying to Secure Loan with Deceased Uncle Banking & Finance April 19, 2024 Economic Models: A Guide to Their Functions and Limitations Economics May 5, 2024 Pakistan’s Quest for Economic Stability: A New Chapter with the IMF Forex April 16, 2024 edit Startups & Entrepreneurship Petguru. pk: Revolutionizing Pet Care and Veterinary Education in PakistanPetguru. pk is an innovative and comprehensive platform that has quickly become a cornerstone in the world of pet care and... Saw July 5, 2024 edit Banking & Finance Chase Online Banking: Everything You Need to Know (2024 Update) edit Business News and Analysis Building Australia’s First Mobile Bank by Van Le & Phil Parker EDITOR'S PICKFEATURED Chase Online Banking: Everything You Need to Know (2024 Update) Banking & Finance Apple Store Employees in Maryland Authorize Historic Strike Over Unpredictable Scheduling and Low Wages Business News and Analysis Switching Gears: How to... --- - Published: 2022-04-07 - Modified: 2022-04-07 - URL: https://sawbank.com/membership-join-2/ Choose Your Plan Get unlimited access to everything Monthly Plan Plans starting at less than $9/month. Cancel anytime. $9/monthUnlimited access to contentPaper magazine deliveredExclusive discountPremium supportCancel any time Buy Monthly Plan Yearly Plan Billed yearly at $54, Save 40% for this plan. Cancel anytime. $54/yearUnlimited access to contentPaper magazine deliveredExclusive discountPremium supportCancel any time Subscribe Now Still have questions? How does subscription plan work? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Does Year Plan have the same Monthly plan? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Can I cancel or upgrade any time? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Can I get support for account problems? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. --- - Published: 2022-04-07 - Modified: 2022-04-07 - URL: https://sawbank.com/membership-join-2/membership-registration/ Free membership is disabled on this site. Please make a payment from the Join Us page to pay for a premium membership. You will receive a unique link via email after the payment. You will be able to use that link to complete the premium membership registration. --- - Published: 2022-04-07 - Modified: 2022-04-07 - URL: https://sawbank.com/membership-login-2/ Username or Email Password Remember Me Forgot Password? Join Us --- - Published: 2022-04-07 - Modified: 2022-04-07 - URL: https://sawbank.com/membership-login-2/membership-profile/ You are not logged in. --- - Published: 2022-04-07 - Modified: 2022-04-07 - URL: https://sawbank.com/membership-login-2/password-reset/ Email Address Processing password reset request... document. getElementById("swpm-pw-reset-form"). addEventListener("submit", function { let p = document. getElementById('swpm_pass_reset_processing_msg'); p. removeAttribute("hidden"); }); --- - Published: 2021-11-17 - Modified: 2022-05-10 - URL: https://sawbank.com/restricted-content/ Dem ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Sit doloremque laudantium totam rem aperiam, inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo quia voluptas dolores eos qui ratione. Sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore. At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est. Sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod diam voluptua. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua at vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus. Sit aspernatur aut odit aut fugit Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed... --- - Published: 2021-11-16 - Modified: 2022-02-17 - URL: https://sawbank.com/membership-account/membership-levels/ Standart Free Sed ut perspiciatis unde omnis Laudantium totam aperiam Quae ab illo inventore veritatis Architecto beatae vitae dicta Voluptatem accusantium enim Select Premium $999per Month Sed ut perspiciatis unde omnis Laudantium totam aperiam Quae ab illo inventore veritatis Architecto beatae vitae dicta Voluptatem accusantium enim Select VIP $1999per Month Sed ut perspiciatis unde omnis Laudantium totam aperiam Quae ab illo inventore veritatis Architecto beatae vitae dicta Voluptatem accusantium enim Select --- - Published: 2021-11-04 - Modified: 2021-11-04 - URL: https://sawbank.com/contact/ Get In Touch Contact US /*! elementor - v3. 6. 2 - 04-04-2022 */ . elementor-widget-image{text-align:center}. elementor-widget-image a{display:inline-block}. elementor-widget-image a img{width:48px}. elementor-widget-image img{vertical-align:middle;display:inline-block} General Customer Care & Technical Support As we address the needs of our customers, email wait times may be longer than usual. In an effort to give you the best customer experience possible, we encourage you to take advantage of our phones. In most cases this is the fastest and easiest option. Error: Contact form not found. Find Us on Social --- - Published: 2021-09-27 - Modified: 2021-09-27 - URL: https://sawbank.com/customize-interests/ Customize your interests You can get updates for your interests. Follow any categories you want to see in the Foxiz or when you’re browsing in the in Reading List /*! elementor - v3. 6. 2 - 04-04-2022 */ . elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}. elementor-widget-divider . elementor-divider{display:-webkit-box;display:-ms-flexbox;display:flex}. elementor-widget-divider . elementor-divider__text{font-size:15px;line-height:1;max-width:95%}. elementor-widget-divider . elementor-divider__element{margin:0 var(--divider-element-spacing);-ms-flex-negative:0;flex-shrink:0}. elementor-widget-divider . elementor-icon{font-size:var(--divider-icon-size)}. elementor-widget-divider . elementor-divider-separator{display:-webkit-box;display:-ms-flexbox;display:flex;margin:0;direction:ltr}. elementor-widget-divider--view-line_icon . elementor-divider-separator,. elementor-widget-divider--view-line_text . elementor-divider-separator{-webkit-box-align:center;-ms-flex-align:center;align-items:center}. elementor-widget-divider--view-line_icon . elementor-divider-separator:after,. elementor-widget-divider--view-line_icon . elementor-divider-separator:before,. elementor-widget-divider--view-line_text . elementor-divider-separator:after,. elementor-widget-divider--view-line_text . elementor-divider-separator:before{display:block;content:"";border-bottom:0;-webkit-box-flex:1;-ms-flex-positive:1;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}. elementor-widget-divider--element-align-left . elementor-divider . elementor-divider-separator>. elementor-divider__svg:first-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}. elementor-widget-divider--element-align-left . elementor-divider-separator:before{content:none}. elementor-widget-divider--element-align-left . elementor-divider__element{margin-left:0}. elementor-widget-divider--element-align-right . elementor-divider . elementor-divider-separator>. elementor-divider__svg:last-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}. elementor-widget-divider--element-align-right . elementor-divider-separator:after{content:none}. elementor-widget-divider--element-align-right . elementor-divider__element{margin-right:0}. elementor-widget-divider:not(. elementor-widget-divider--view-line_text):not(. elementor-widget-divider--view-line_icon) . elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}. elementor-widget-divider--separator-type-pattern{--divider-border-style:none}. elementor-widget-divider--separator-type-pattern. elementor-widget-divider--view-line . elementor-divider-separator,. elementor-widget-divider--separator-type-pattern:not(. elementor-widget-divider--view-line) . elementor-divider-separator:after,. elementor-widget-divider--separator-type-pattern:not(. elementor-widget-divider--view-line) . elementor-divider-separator:before,. elementor-widget-divider--separator-type-pattern:not . elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}. elementor-widget-divider--no-spacing{--divider-pattern-size:auto}. elementor-widget-divider--bg-round{--divider-pattern-repeat:round}. rtl . elementor-widget-divider . elementor-divider__text{direction:rtl} ES Money ES Money Branding Investment Startup Marketing Technology Technology Computer Electronics Innovation Smartphone The Escapist The Escapist Beautiful Destinations Discover Followme --- - Published: 2020-03-27 - Modified: 2022-10-06 - URL: https://sawbank.com/service-plus/ Dear Customers,Our primary goal is developing a secure and customizable theme framework that meets the needs of the end user. Therefore, our customers are able to create websites based on our templates with very little effort! This process requires minimum knowledge of WordPress or coding; and extensive documentation as well as our Support Team are always at your service. However, we ask you to keep in mind that sometimes issues occur that are not caused by template malfunction. There might be situations when neither the product itself nor our framework are at fault. Among other things, theme performance can be affected by server settings, additional functionality that requires deep file customization, external plugin usage and, of course, attempts to build a website in a very short time. We know the ins and outs of our theme framework and have a highly professional team of developers. They will help you to develop the website you need. If you need website customization, please contact our support team for further information: https://themerex. net/support/. PackagesCustomization regularInstallation + Logo Change$45 The template will be installed on your server exactly as the demo looks. You will get access to the admin panel to manage your website. We will replace the template’s logo with yours on each template page. The logo has to be of good quality in . PSD, . EPS, . PNG, . JPG format. Logo width should be 300px and 600px. Grab this Deal silverReady-to-Use Website$395 Theme installation on your server with your logo... --- - Published: 2020-03-27 - Modified: 2022-02-17 - URL: https://sawbank.com/faqs/ Approach Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Voluptatem accusantium doloremque laudantium, totam rem aperiam. Quae ab illo inventore veritatis et quasi architecto beatae vitae Laudantium totam rem aperiam, eaque ipsam voluptatem quia perspiciatis lorem Sed ut perspiciatis unde omnis natus inventore veritatis sit sunt aperiam Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione. Community Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Voluptatem accusantium doloremque laudantium, totam rem aperiam. Quae ab illo inventore veritatis et quasi architecto beatae vitae Laudantium totam rem aperiam, eaque ipsam voluptatem quia perspiciatis lorem Sed ut perspiciatis unde omnis natus inventore veritatis sit sunt aperiam Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione. Vision Sed ut perspiciatis unde omnis iste natus... --- - Published: 2020-03-27 - Modified: 2023-03-23 - URL: https://sawbank.com/contacts/ I agree that my submitted data is being collected and stored. Phone:+1(800)123-4567+1(800)123-4567Location:176 W street name, New York, NY 10014Email & Website:info@yoursite. comwww. yoursite. com --- --- --- ## Posts - Published: 2025-03-25 - Modified: 2025-03-25 - URL: https://sawbank.com/samsung-co-ceo-han-jong-hee-passes-away-at-63/ - Categories: Business News and Analysis Samsung Electronics announced the sudden passing of its Co-Chief Executive Officer, Han Jong-hee, who died of a heart attack on Tuesday, March 25, 2025, at the age of 63. The company confirmed that Han suffered cardiac arrest and passed away while receiving medical treatment at a hospital in Seoul. His death marks a significant loss for the South Korean tech giant as it faces mounting challenges in the global market. Han Jong-hee, a 37-year veteran of Samsung, was instrumental in transforming the company into a world leader in consumer electronics, particularly through his leadership in the television and mobile devices division. Appointed Co-CEO in 2022 alongside Jun Young-hyun, who oversees the semiconductor business, Han drove innovations such as LED TVs and the integration of artificial intelligence into Samsung’s product lineup. His strategic vision, dubbed the "Super Gap," aimed to widen Samsung’s competitive edge over rivals by leveraging its existing strengths. A Samsung spokesperson expressed the company’s grief, stating, “We are deeply saddened by the loss of Co-CEO Han Jong-hee. His contributions to Samsung’s growth, especially in making our television business a global pinnacle, will be remembered forever. ” Han is survived by his wife and three children. The news comes at a pivotal moment for Samsung, which is grappling with a lagging chip business and intensifying competition in AI technology. Just last week, on March 19, Han addressed shareholders at the company’s annual general meeting in Suwon, apologizing for the firm’s underwhelming stock performance and warning of a “difficult” 2025... --- - Published: 2024-10-16 - Modified: 2025-03-14 - URL: https://sawbank.com/tom-brady-and-tom-wagner-invest-over-200-million-in-las-vegas-raiders/ - Categories: Business News and Analysis Key Points : The Forbes list has Tom Brady’s terrible thumb in the autumn. NFL owners have vended Tom Brady a 5% stake in the Los Angeles Raiders. The concept allows him to become a minority owner of the team and join Tom Wagner as a participant. It was a controversial agreement that was in the process of being completed for over a year due to reasons of offering Brady a cheap price and also his new ambitions in Fox Sports Network broadcasting. Apart from being a part of the Raiders, Brady is also a part of the ownership group of the WNBA’s Las Vegas Aces, further reinforcing his foothold in the Las Vegas sports arena. The National Football League team owners have officially approved Tom Brady as a minority owner of the Las Vegas Raiders, thus achieving new goals in his post-playing activities. Tom Brady and his business associate Tom Wagner, co-founder of Knighthead Capital, purchased 10% of the Raiders with Brady contributing personally 5% of the franchise. This does not represent the acquisition of the controlling likeness corruptor because the estimated price of about $220 million relates to $3. 5 billion valued team. As it was further revealed the 32 NFL owners who flew to Sarasota Florida for spring league owners meeting found out that this investment was the general consensus of all the team owners when the issue was discussed. Brady added that he could not wait for the announcement which was made and promised the fans... --- - Published: 2024-10-15 - Modified: 2025-03-14 - URL: https://sawbank.com/bank-of-america-reports-higher-revenue-exceeding-analyst-estimates/ - Categories: Banking & Finance Key Points: Bank of America said income of 81 cents according to percentage, exceeding the analyst estimate of 77 cents, with overall revenue at $25. 49 billion, slightly above the predicted $25. Three billion Trading sales accelerated with the aid of 12% to $4. 93 billion, and investment banking expenses rose 18% to $1. 40 billion, both surpassing estimates. Net interest profits fell 2. Nine% to $14. 1 billion, however the financial institution indicated a capacity rebound on this region for the second one half of of the year. In its brand new earnings document, Bank of America showcased a resilient overall performance in spite of facing challenges in net interest profits. The bank's earnings of 81 cents according to percentage not only passed the analyst estimate of 77 cents but additionally highlighted its potential to navigate a complex financial landscape. Total revenue climbed to $25. Forty nine billion, barely exceeding expectations, pushed usually by means of a strong buying and selling surroundings. Notably, buying and selling sales surged by means of 12% to $4. Ninety three billion, reflecting robust call for in each constant income and equity markets, which benefited from heightened volatility and accelerated trading volumes. Additionally, investment banking expenses rose impressively through 18% to $1. 40 billion, signaling a resurgence in deal-making hobby as corporations sought to capitalize on favorable marketplace situations. However, the bank confronted headwinds in net interest profits, which fell 2. Nine% to $14. 1 billion because of growing deposit charges and competitive pressures;... --- - Published: 2024-10-12 - Modified: 2025-03-14 - URL: https://sawbank.com/chinas-325-billion-plan-a-bold-move-for-economic-recovery/ - Categories: Banking & Finance On October 12, 2024, China announced a giant financial help plan worth $325 billion aimed at boosting its struggling financial system over the next three months. This initiative is designed to help banks stabilize the estate marketplace and encourage patron spending. It marks the most significant government intervention since the 2008 financial disaster. The plan consists of helping banks by issuing special treasury bonds to bolster primary state-owned banks. This will help these banks manage dangers better and provide extra loans to help the economic system. Additionally, nearby governments might be allowed to use special bonds to buy up unused land and support low-priced housing initiatives. China is also lowering interest prices on existing mortgages to stimulate consumer spending. Starting on October 25, banks will decrease loan fees for many debtors, making it less complicated for humans to create money for homes. China is aiming for a 5% GDP boom this year. While this goal is cheap compared to many Western countries, it needs to catch up to the rapid price increases China has experienced in the past. Ongoing monetary uncertainty has brought about lower consumer spending and excessive levels of teenage unemployment. Finance Minister Lan Fo'an emphasized that the authorities are ready to provide even more economic help if desired. He referred to rushing up using extra treasury bonds and could arrange for even more funding in the coming months. While this $325 billion plan is an ambitious step closer to financial restoration, details about how those funds might... --- - Published: 2024-08-19 - Modified: 2025-03-14 - URL: https://sawbank.com/starbucks-hands-out-113-million-welcome-bonus-to-new-ceo/ - Categories: Business News and Analysis - Tags: Starbucks In a move that has raised eyebrows among investors and the public, Starbucks has unveiled a substantial compensation package for its newly appointed CEO, Brian Niccol. The former Chipotle CEO is set to receive a $10 million signing bonus, a $75 million equity grant, and an annual base salary of $1. 6 million. Additionally, Niccol is eligible for annual cash bonuses and equity awards that could potentially add millions more to his compensation. The company justified the hefty package by stating that it is necessary to attract top talent and to compensate Niccol for the equity he is forfeiting by leaving his previous position at Chipotle. However, critics argue that the compensation is excessive, especially considering the challenges faced by Starbucks in recent times. The news has sparked a wider conversation about executive pay and its correlation to company performance. While some argue that high salaries are necessary to incentivize top-level executives, others contend that such packages contribute to income inequality and do not always align with shareholder interests. As Niccol takes the reins at Starbucks, he will face the pressure to deliver strong financial results and restore investor confidence. The scrutiny on his compensation package is likely to continue as the company navigates its future. --- - Published: 2024-08-19 - Modified: 2025-03-14 - URL: https://sawbank.com/starbucks-fired-indian-ceo-laxman-narasimhan/ - Categories: Business News and Analysis - Tags: Activist Investors, Brian Niccol, Business News, CEO Change, Corporate Leadership, Elliott Management, Laxman Narasimhan, Market Trends, Sales Decline, Starbucks Starbucks Corporation has suddenly parted ways with its CEO, Laxman Narasimhan, effective immediately. This surprising decision comes during a time of declining sales and growing pressure from activist investors. Narasimhan, who took on the CEO role in April 2023, had previously served as the interim CEO and chief commercial officer. Starbucks has named Brian Niccol, the former CEO of Chipotle Mexican Grill, as the new CEO, with him set to officially start on September 9th. While Starbucks has not provided specific reasons for Narasimhan’s departure, industry experts believe that the company’s recent financial struggles played a key role. Starbucks has seen two consecutive quarters of declining sales, raising concerns about its ability to maintain its market dominance. Activist investor Elliott Investment Management, which holds a significant stake in Starbucks, has been vocal about its dissatisfaction with the company’s recent performance, pushing for changes in both leadership and strategy. Narasimhan’s exit signals a major shift for Starbucks as it works to regain its footing in a challenging market. Niccol, known for his successful tenure at Chipotle, is expected to bring new ideas and leadership to help the company recover. --- - Published: 2024-08-18 - Modified: 2025-03-14 - URL: https://sawbank.com/pakistan-budget-2024-2025-complete-details/ - Categories: Economics - Tags: BudgetBreakdown, DebtServicing, DefenseSpending, EconomicGrowth, EconomicStability, EducationBudget, EnvironmentalProtection, FiscalYear2025, GovernanceCosts, HealthcareFunding, IndustrialDevelopment, InfrastructureDevelopment, NationalSecurity, PakistanBudget2024, PensionsAndSalaries, PublicSpending, SocialServices, SustainableGrowth Pakistan's budget for the fiscal year 2024-2025 totals $67 billion, carefully allocated to meet the country's most critical needs while fostering economic growth and stability. Below is a straightforward breakdown of the budget, including percentage allocations for each major sector. 1. Debt Servicing: $20. 0 Billion (29. 85%) Nearly 30% of the total budget is dedicated to debt servicing. This significant allocation underscores the government's commitment to managing the country’s debts, ensuring financial stability, and maintaining creditworthiness. 2. Defense and Security: $7. 0 Billion (10. 45%) Defense and security are prioritized with $7. 0 billion, representing 10. 45% of the total budget. Armed Forces ($5. 5 Billion, 8. 21%): Army: $3. 0 billion (4. 48%) Navy: $1. 5 billion (2. 24%) Air Force: $1. 0 billion (1. 49%) Internal Security ($1. 5 Billion, 2. 24%): Police: $1. 0 billion (1. 49%) Border Security: $0. 5 billion (0. 75%) These funds will support the modernization of the military and strengthen internal security forces. 3. Social Services: $10. 0 Billion (14. 93%) Social services receive $10. 0 billion, or 14. 93% of the budget, focusing on healthcare, education, and welfare programs. Healthcare ($3. 5 Billion, 5. 22%): Public Health Programs: $2. 0 billion (2. 99%) Hospitals and Clinics: $1. 5 billion (2. 24%) Education ($3. 0 Billion, 4. 48%): Primary and Secondary Education: $1. 8 billion (2. 69%) Higher Education: $1. 2 billion (1. 79%) Social Welfare Programs ($3. 5 Billion, 5. 22%): Poverty Alleviation: $2. 0 billion (2. 99%) Social Security... --- - Published: 2024-08-18 - Modified: 2025-07-12 - URL: https://sawbank.com/monal-management-cda-and-military-clash-over-rent-leading-to-restaurant-closure/ - Categories: Business News and Analysis The closure of Monal Restaurant, once an iconic establishment in Islamabad’s Margalla Hills National Park, serves as a stark reminder of the complex relationship between economic development and environmental protection. Over its nearly two-decade-long existence, Monal became a beloved destination, known for its stunning views of Islamabad and unique dining experience. However, the restaurant’s location within a protected national park sparked a controversy that ultimately led to its closure in 2024. This article explores the history, legal battles, environmental concerns, and broader implications of Monal’s demise, offering a comprehensive look at how the clash between commerce and conservation unfolded in Pakistan. A Tale of Two Decades: The Rise of Monal The story of Monal begins in 2006, during the presidency of General Pervez Musharraf. The Capital Development Authority (CDA), the government body responsible for Islamabad’s development, entered into a 15-year lease agreement with Luqman Ali Afzal, the owner of Monal. This deal permitted the construction of a restaurant within the Margalla Hills National Park, a decision that was justified by the CDA as a result of a competitive bidding process for a site designated for recreational activities. The idea was to create a destination that would enhance tourism and provide recreational facilities while generating revenue for the state. In its early years, Monal faced significant challenges due to political instability in Pakistan. The country was grappling with issues such as terrorism, economic uncertainty, and a fragile political landscape, which impacted all sectors, including tourism and hospitality. Despite these hurdles, Monal... --- - Published: 2024-08-05 - Modified: 2025-03-14 - URL: https://sawbank.com/the-biggest-economies-in-the-world/ - Categories: Economics The global economy is a dynamic and intricate environment where nations are constantly vying for a more significant piece of the pie. In this blog post, we'll take a closer look at the biggest economies in the world and explore what factors contribute to their economic might. The Top 10 Economies The world's economic output is significantly contributed to by these countries, with the United States and China at the forefront. The Top 10 Economies RankCountryGDP (Trillion USD)1United States22. 672China14. 723Germany4. 004Japan5. 065India2. 666United Kingdom2. 837France2. 788Italy1. 899Brazil1. 8410Canada1. 64 Factors Driving Economic Growth Several factors contribute to a country's economic growth and prosperity. Some of the key drivers include: Gross Domestic Product (GDP): The GDP is the total worth of all products and services created within a nation's boundaries. It is a widely used metric for measuring economic performance. Population and Labor Force: A large population and a skilled labor force are essential for economic growth. Countries with a growing working-age population and high levels of education tend to have an advantage. Technological Innovation: Fostering innovation, investing in research and development, and embracing new technologies have the potential to enhance productivity and drive economic advancement. International Trade: Engaging in global trade and maintaining strong trade relationships can open up new markets. The increased demand for a nation's products and services results in more excellent economic activity. Stable Political and Economic Institutions: A well-functioning government, a solid legal system, and an environment conducive to sound monetary policies are crucial to... --- - Published: 2024-07-18 - Modified: 2025-03-14 - URL: https://sawbank.com/top-millennial-friendly-digital-banking-solutions-for-2024/ - Categories: Banking & Finance Best online banking apps for millennials Top Millennial-Friendly Digital Banking Solutions for 2024 as the digital landscape continues to evolve, the financial needs and preferences of millennials have become a driving force in the banking industry. In today’s digital age, millennials are gravitating towards banking solutions that prioritize convenience, transparency, and cutting-edge features tailored to their dynamic lifestyles. Table of contentsBest online banking apps for millennials1. Chime2. Ally Bank3. Revolut4. Varo Bank5. Simple6. SoFi Money7. N26Conclusion Here’s a glimpse into some of the leading digital banks that have captured the attention of millennials: 1. Chime What Sets It Apart: Chime is widely favored for its fee-free banking services and the ability to access direct deposits early, making it a go-to choice for millennials seeking straightforward and efficient banking solutions. 2. Ally Bank Why It’s Popular: Ally Bank is known for its competitive interest rates on savings accounts and CDs, coupled with a user-friendly mobile app that simplifies financial management without the burden of monthly maintenance fees. 3. Revolut Why Millennials Choose It: Revolut appeals to globetrotting millennials with its multi-currency accounts and zero-fee foreign exchange transactions. Its feature-packed mobile app also supports budgeting tools and cryptocurrency trading, catering perfectly to modern financial needs. 4. Varo Bank What Millennials Appreciate: Varo Bank combines traditional banking services with modern conveniences like high-yield savings accounts and early direct deposit options, all without imposing monthly fees, providing millennials with financial flexibility. 5. Simple Why It’s Preferred: Simple stands out by integrating intuitive budgeting tools... --- - Published: 2024-07-17 - Modified: 2025-07-12 - URL: https://sawbank.com/a-beginners-guide-to-ai-in-forex-trading-techniques-and-strategies/ - Categories: Crypto & Blockchain - Tags: ai forex trading software, best ai for forex trading, forex trading groups, forex trading scams whatsapp, forex trading techniques, is cryptocurrency forex trading Guide to AI in Forex trading, where we demystify techniques, software, and strategies shaping today's dynamic markets. Today's market has seen a surge in interest in today's rapidly evolving financial landscape, propelled by advancements in Artificial Intelligence (AI) and the emergence of cryptocurrencies. It can be crucial to comprehend how AI affects Forex trading, regardless of experience level. Table of contentsAI in Forex TradingBest AI for Forex TradingAdvantages of AI-Driven Forex TradingForex Trading GroupsForex Trading TechniquesIs Cryptocurrency Forex Trading? Avoiding Forex Trading ScamsEffective Forex Trading StrategiesConclusion Here's a comprehensive guide that covers everything from the best AI tools to effective trading strategies and potential pitfalls to avoid. AI in Forex Trading Because AI allows complex algorithms to examine large amounts of data quickly, it has completely changed the forex industry. This capability enhances decision-making processes, offering traders insights that traditional methods might overlook. Best AI for Forex Trading Choosing the right AI software is crucial. Look for platforms that offer real-time data analysis, customizable trading strategies, and a proven track record of accuracy. Some popular AI Forex trading software includes . Regarding the best AI for forex trading, a few platforms stand out : Capitalise. ai: This user-friendly app allows you to create, test, and automate trading strategies using simple ext-based prompts. Its AI interface helps you make informed decisions by simulating trading scenarios. Learn2Trade: With a success rate of 76% and over 40,000 traders on board, Learn2Trade leverages machine learning technology to provide daily trading signals and market analysis... --- - Published: 2024-07-16 - Modified: 2025-03-14 - URL: https://sawbank.com/how-blockchain-is-changing-the-financial-world/ - Categories: Crypto & Blockchain - Tags: What is Blockchain? How Blockchain is Changing the Financial World: Blockchain technology has rapidly evolved from its roots in cryptocurrency to a transformative force across various industries, with the financial sector experiencing some of the most significant changes. Blockchain technology has rapidly evolved from its roots in cryptocurrency to a transformative force across various industries, with the financial sector experiencing some of the most significant changes. Table of contentsWhat is Blockchain? Enhanced Security and TransparencyReduced Transaction CostsFaster Transaction TimesImproved Access to Financial ServicesSmart ContractsRegulatory Challenges and SolutionsThe Future of Blockchain in FinanceConclusion This revolutionary technology offers enhanced security, transparency, and efficiency, reshaping how we conduct transactions and manage financial assets. In this blog post, we'll explore how blockchain is changing the financial world. What is Blockchain? Before diving into its impact, let's briefly understand what blockchain is. A blockchain is a decentralized digital ledger that records transactions across multiple computers. This ensures that the transaction records are secure, transparent, and immutable, meaning they cannot be altered retroactively. Enhanced Security and Transparency One of the most compelling advantages of blockchain in finance is its enhanced security and transparency. Each transaction on a blockchain is encrypted and linked to the previous transaction, forming a chain. This makes it extremely difficult for hackers to alter any information, ensuring the integrity of financial data. Reduced Transaction Costs Traditional financial transactions often involve multiple intermediaries, such as banks and payment processors, each taking a fee for their services. Blockchain can eliminate the need for these intermediaries by enabling... --- - Published: 2024-07-11 - Modified: 2025-03-14 - URL: https://sawbank.com/india-overtakes-china-as-worlds-most-populous-nation/ - Categories: Forex - Tags: india most popolation country, India Overtakes China as World's Most Populous Nation, Most populated country India Overtakes China as World's Most Populous Nation has surpassed China to become the world's most populous country, presenting both opportunities and challenges for the country's economic and social development. In April 2023, India's population reached 1,425,775,850, matching and then surpassing the population of mainland China. India has officially become the country with the most people in the world, overtaking China. This big change in global population has important effects on India's economy, society, and role in the world. India's population has reached 1. 425 billion people, just slightly higher than China's 1. 425 billion. This milestone marks a major turning point, as India's population keeps growing quickly while China's has started to decline due to its past one-child policy and aging population. The fast population growth in India brings both opportunities and challenges. On the positive side, India's large and young workforce could help power economic growth, if the country can create enough jobs and invest in developing its people. However, the huge size of the population also puts a strain on India's resources and infrastructure, causing problems in areas like jobs, education, healthcare, and protecting the environment. Population growth is uneven across India's states. States like Bihar and Uttar Pradesh are driving much of the growth, while southern states like Kerala and Tamil Nadu have declining population trends. This uneven growth raises concerns about how political power and resources will be shared in the future. India has surpassed China to become the world's most populous country, a historic... --- - Published: 2024-07-05 - Modified: 2025-03-14 - URL: https://sawbank.com/petguru-pk-revolutionizing-pet-care-and-veterinary-education-in-pakistan/ - Categories: Startups & Entrepreneurship - Tags: animals, pet Guru, petguru, petguru.pk, pets, vets Petguru. pk is an innovative and comprehensive platform that has quickly become a cornerstone in the world of pet care and veterinary services in Pakistan. Founded by visionary entrepreneurs Dr. Zabih Ullah and Dr. Basit Rasheed, this all-in-one platform caters to a wide range of needs for both pets and livestock, while also serving as an invaluable resource for veterinary students and professionals. Their mission is clear: to introduce technology into the veterinary profession in Pakistan, enhancing the quality of care and education. A One-Stop Shop for Pet and Livestock Needs Petguru. pk stands out for its extensive selection of products and solutions designed to meet the diverse needs of pet owners and livestock managers. From everyday pet accessories to specialized health solutions, Petguru. pk offers a variety of items that ensure the well-being of animals. Product Offerings Pet Accessories: The platform provides a wide array of accessories for pets, including toys, beds, leashes, grooming tools, and more. These products are designed to enhance the quality of life for pets and make pet ownership more enjoyable and manageable. Health Solutions: Petguru. pk offers various health products, including nutritional supplements, hygiene products, and medical supplies, ensuring that pets and livestock receive the best possible care. Special Deals: To make pet care more affordable, Petguru. pk regularly features flash deals and special promotions. These deals allow pet owners to purchase high-quality products at discounted prices, making it easier to provide the best for their animals. Empowering Veterinary Students and Professionals Beyond its... --- - Published: 2024-06-23 - Modified: 2025-03-14 - URL: https://sawbank.com/what-role-do-entrepreneurs-play-in-economics/ - Categories: Startups & Entrepreneurship - Tags: Capital Formation, Economic Growth, Entrepreneurship, Innovation, Job Creation The first question rise in our mind What Role Do Entrepreneurs Play in Economics? when we talk about entrepreneurs . Entrepreneurs are the unsung heroes of the economy. While politicians and policymakers often get the spotlight, it's the risk-takers, innovators, and job creators - the entrepreneurs - who truly power economic progress. Their contributions are essential, yet sometimes overlooked. Let's dive into the key ways entrepreneurs drive economic growth and development. Job Creation When an entrepreneur starts a new business, they don't just create a livelihood for themselves - they generate employment opportunities for others as well. In fact, small businesses and startups account for the majority of new jobs created each year. By founding companies big and small, entrepreneurs are responsible for millions of jobs worldwide, helping to reduce unemployment and improve standards of living. Fostering Innovation Entrepreneurs are renowned for their innovative spirit. They're constantly dreaming up new products, services, and business models that challenge the status quo. This influx of innovation is a major driver of productivity gains and technological advancement. From the latest mobile apps to revolutionary manufacturing processes, entrepreneurs are the catalysts for making our economy more efficient and competitive. Economic Growth and Development The creation of new businesses by entrepreneurs directly contributes to GDP growth. Their ventures generate wealth, income, and tax revenue that fuels broader economic expansion. This is especially important in developing countries, where entrepreneurship provides critical pathways out of poverty. By starting businesses, entrepreneurs help build thriving communities and foster economic... --- - Published: 2024-06-01 - Modified: 2025-03-14 - URL: https://sawbank.com/pakistan-economic-growth-an-in-depth-analysis/ - Categories: Economics - Tags: Developing economy, Education and skill development in Pakistan, Export diversification in Pakistan, GDP growth rate Pakistan, Investment in Pakistan, Major exports of Pakistan, Pakistan economic growth, Pakistan Economic Growth: An In-Depth Analysis, Pakistan economy, South Asia economics, Strategic location of Pakistan, Trade partners of Pakistan Analyzing GDP growth rates, one can illustrate that the economic growth of Pakistan has a rich and diverse character. However, its development path has been quite unpredictable and unbalanced throughout the years for a country that claims to have a youthful population, numerous resources, and a strategic position. As comprehensively mentioned, there are some positive signs of macroeconomic stability in the regional economy, but problems like high inflation rates and infrastructure constraints persist. Current Economic Situation On the economic aspect, the current situation of Pakistan's economy is staggering because there is no sign of growth, and inflation rates are also soaring highs. Inflation reached 36 percent per annum as the prices went on rising day by day. 4% in April, food prices continued to peak even more in months compared to April and showed a significant disparity between the urban and the rural customers. FactFigure (Source)Population (2024 est. )238 million (Worldometer)GDP (PPP, FY23 est. )$1. 3 trillionGDP Growth Rate (FY24 est. )1. 8% (World Bank)Inflation Rate (FY24 est. )25. 0% (Asian Development Bank)Literacy Rate (2023 est. )63. 0% (projected based on historical trends)Major Exports (2024 est. )Textiles, Apparel, Rice, Leather Products (likely similar to 2022)Major Trading Partners (2024 est. )China, United States, European Union (likely similar to 2022)CurrencyPakistani Rupee (PKR) Its forex reserves need to be in better shape, just enough to finance only about a month's import, and the Pakistan rupee has eroded so much against the US dollar. A political crisis will likely exacerbate these economic challenges and... --- - Published: 2024-05-30 - Modified: 2025-03-14 - URL: https://sawbank.com/sadapay-acquired-by-turkish-neobank-papara-in-30-million-deal/ - Categories: Banking & Finance - Tags: SadaPay Acquired by Turkish Neobank Papara in $30 Million Deal In a positive move for the Pakistani fintech space, the Turkish-based Neobank Papara has bought out SadaPay, a leading fintech company in Pakistan, for around $30 million. This includes $10 million in funding that will be used to deepen SadaPay's operations as a banking challenger in the country. Regulatory Approval and Due Diligence This has been done by the State Bank of Pakistan (SBP), which has provided its regulatory approval to the acquisition, a significant development in this regard. Leaks that have made their way to the deal reveal that SBP was contacted several months ago to approve the agreement, which is expected to be made soon. There will be no change in the structure of SadaPay Pakistan Limited after the acquisition, as the entire team, along with management and directors, will remain the same. Brandon Timinsky, the founder of the company and the current CEO, will remain in his position. Strategic Significance and Growth Potential Papara views the acquisition proposal as a strategic decision to increase its market share in Pakistan by capitalizing on SadaPay's already established network. This is expected to help SadaPay's vision of expanding into the remittance business for Pakistani expatriates in the UK and Saudi Arabia. Another $10 million of the extra capital will be spent on technological enhancement and market expansion, making SadaPay a competitor of other companies in the fintech industry. Market Dynamics and Competition The acquisition comes at a time when the fintech sector in Pakistan is experiencing increased competition. New dynamic... --- - Published: 2024-05-28 - Modified: 2025-03-14 - URL: https://sawbank.com/analysis-of-pakistan-budget-2024-25-expectations/ - Categories: Economics - Tags: Analysis of Pakistan Budget 2024-25 Expectations, Pakistan Budget 2024-25 Expectations The upcoming Pakistan budget for the fiscal year 2024-25 has garnered significant attention and speculation from a wide array of stakeholders. The proposed budget timeline, budget priorities and allocations, budget documents and transparency, as well as stakeholder engagement and concerns are crucial aspects that are shaping the discourse around this pivotal financial document. Proposed Budget Timeline The caretaker government has introduced a unique timeline for finalizing the 2024-25 budget, deviating from the traditional schedule. The key dates in this timeline include: March 11: Deadline for submitting budget estimates encompassing public expenditure, development spending, and financial accounts. March 17: Release of recommendations on revised budget estimates. March 22 to April 5: Budget review committee meetings to evaluate and refine budgetary allocations. Early May: Deliberations on the budget by the Annual Planning Coordination Committee and National Economic Council. First week of June: Submission of final budget documents. This condensed timeline has sparked concerns among stakeholders regarding the thorough review and approval of the budget before the 2024 elections. Budget Priorities and Allocations Insights from the search results suggest that the budget is poised to prioritize enhancing governance and the effective operation of key government institutions, notably the President's Secretariat. Allocations are anticipated for foreign policy initiatives, emphasizing fostering amicable relations with other nations and securing resources for national development. Additionally, there are indications of a potential withdrawal of tax waivers that disproportionately benefit high-income individuals to foster a more equitable tax system. Budget Documents and Transparency The forthcoming budget is expected to be accompanied by a range... --- - Published: 2024-05-27 - Modified: 2025-03-14 - URL: https://sawbank.com/amritsar-traders-urge-resumption-of-trade-with-pakistan-through-attari-wagah-land-route/ - Categories: Economics - Tags: Amritsar Traders Urge Resumption of Trade with Pakistan, Significance of Attari-Wagah Land Route Amritsar traders are urging for the resumption of trade with Pakistan through the Attari-Wagah land route, citing economic benefits and job creation, and that the trade volume between India and Pakistan through this route used to be around Rs 5,000 crore per annum before the bilateral trade ties were suspended in 2019. Amritsar is a border city in the state of Punjab in India, and individuals from this city have been especially influential in calling for the continuation of trade with Pakistan through the Attari-Wagah border. This historical trade artery and the primary trade partner for both countries has been strained by political developments and trade restrictions. Historical Significance of Attari-Wagah Land Route The Attari-Wagah land route used by India and Pakistan has had great institutional and historical significance as a trade route since the partition of the two nations in 1947. Before the division of the area, it used to be one of the most important trade centers in the region, and there were no obstacles to trade between the two countries. The route is believed to be a profitable channel for the economic fortune of both countries, especially the city of Amritsar, a historical commerce hub. Impact of Trade Restrictions The current political rivalry has taken a toll on bilateral relations between India and Pakistan, and as a result, business ventures are suffering severely due to restrictions placed on cross-trading through the Attari-Wagah land route.  These restrictions have reduced trade ties, meaning that there are economic losses for businesses and... --- - Published: 2024-05-26 - Modified: 2025-07-12 - URL: https://sawbank.com/foreign-exchange-reserves-expected-to-reach-9-to-10-billion-by-end-of-june/ - Categories: Economics - Tags: Foreign Exchange Reserves Pakistan's foreign exchange reserves are expected to reach a substantial $9 to $10 billion by the end of June, marking a significant improvement in the country's economic stability. This boost in reserves is a welcome sign of improvement, providing a much-needed cushion against external shocks and enhancing the nation's ability to manage its currency and facilitate international trade. Factors Contributing to the Increase Several factors are contributing to the expected increase in Pakistan's foreign exchange reserves. One significant factor is the recent growth in exports, which has led to an increase in foreign exchange earnings. The government's efforts to promote foreign investment and attract remittances from overseas Pakistanis have also played a crucial role in boosting the reserves. Additionally, the recent influx of foreign aid and loans has also contributed to the increase in reserves. Impact on Economic Stability The expected increase in foreign exchange reserves will have a positive impact on Pakistan's economic stability. With a larger reserve buffer, the country will be better equipped to manage its currency and respond to external shocks. This increased stability will also enhance the nation's attractiveness to foreign investors, potentially leading to increased investment and economic growth. Furthermore, the boost in reserves will provide a sense of security for the country's economy, allowing it to better navigate the challenges of the global market. Challenges Ahead While the expected increase in foreign exchange reserves is a positive development, there are still challenges that Pakistan needs to address to ensure long-term economic stability. The... --- - Published: 2024-05-24 - Modified: 2025-03-14 - URL: https://sawbank.com/pakistan-attracts-10-billion-investment-from-uae/ - Categories: Economics - Tags: Pakistan Attracts $10 Billion Investment from UAE, UAE Invests $10 Billion in Pakistan, UAE-Pakistan Economic Ties Strengthened with $10 Billion Investment In a major boost to Pakistan's economy, the United Arab Emirates (UAE) has announced a significant investment of $10 billion in various sectors of the country. This monumental commitment is a testament to the UAE's confidence in Pakistan's economic reforms and its commitment to strengthening bilateral ties between the two nations. The announcement comes at a crucial time for Pakistan, which has been grappling with economic challenges such as high inflation, sluggish growth, and a significant external debt burden. The country has been actively seeking foreign investment to stimulate its economy and strengthen its currency reserves, which are essential for meeting its external debt obligations. The UAE's investment is a significant endorsement of the Pakistani government's efforts to implement economic reforms and open up the country to foreign investment. The government has been working closely with the International Monetary Fund (IMF) to implement a series of reforms aimed at revitalizing the economy and increasing its competitiveness. The UAE's investment is also a reflection of the country's growing economic ties with Pakistan. The two nations have been strengthening their bilateral relations in recent years, with a focus on enhancing cooperation in key sectors such as information technology, renewable energy, and tourism. The UAE's commitment to invest $10 billion in Pakistan is a significant development that has the potential to have a profound impact on the country's economy. The investment is expected to create new job opportunities, stimulate economic growth, and increase Pakistan's foreign exchange reserves. In addition to the economic benefits,... --- - Published: 2024-05-24 - Modified: 2025-03-14 - URL: https://sawbank.com/the-visionary-founder-behind-akhuwat-foundations-microfinance-revolution/ - Categories: Startups & Entrepreneurship - Tags: The Visionary Founder Behind Akhuwat Foundation's Microfinance Revolution Dr. Amjad Saqib, a renowned Pakistani social entrepreneur, has dedicated his life to empowering low-income individuals and communities through interest-free microfinance. As the founder of Akhuwat Foundation, Dr. Saqib has been instrumental in providing financial assistance to those who need it most, thereby breaking the cycle of poverty and promoting economic growth in Pakistan. With a strong focus on community development and social inclusion, Akhuwat Foundation has made significant strides in improving the lives of millions of people across the country. The Birth of Akhuwat Foundation: In 2001, Dr. Saqib's vision for a poverty-free society took shape when he founded Akhuwat Foundation. Initially, the organization focused on providing interest-free loans to low-income individuals, enabling them to start their own businesses and improve their economic conditions. Over the years, Akhuwat Foundation has expanded its scope to include education, healthcare, and community development initiatives, all aimed at empowering low-income communities. Today, the organization has become a beacon of hope for those struggling to make ends meet, offering a lifeline of financial assistance and support. Microfinance and Poverty Reduction: Microfinance is a crucial tool in the fight against poverty, and Akhuwat Foundation has been at the forefront of this effort. By providing interest-free loans, the organization has enabled low-income individuals to access capital that would otherwise be out of reach. This has led to a significant reduction in poverty rates, as people are able to start their own businesses, create jobs, and improve their economic conditions. Moreover, Akhuwat Foundation's microfinance program has also... --- - Published: 2024-05-23 - Modified: 2025-03-14 - URL: https://sawbank.com/pakistan-needs-to-adopt-uaes-economic-model-says-pm/ - Categories: Economics - Tags: Pakistan Needs to Adopt UAE's Economic Model, Says PM Pakistan's Prime Minister has recently emphasized the need for the country to adopt the economic transformation model of the United Arab Emirates (UAE) to overcome its economic challenges. The UAE has been successful in transforming its economy through strategic investments in infrastructure, diversification of sectors, and a focus on innovation and technology. The Prime Minister highlighted the UAE's remarkable progress in transforming its economy from a single-resource economy to a diversified and sustainable one. He noted that the UAE's strategic investments in infrastructure, particularly in transportation and energy, have played a crucial role in driving economic growth and development. The UAE's success in transforming its economy is attributed to its ability to adapt to changing global economic conditions and to diversify its sectors to reduce reliance on a single resource. The country has made significant investments in sectors such as tourism, real estate, and manufacturing, which have contributed to its economic growth. The Prime Minister also emphasized the importance of innovation and technology in driving economic growth. He noted that the UAE has been at the forefront of adopting cutting-edge technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT) to enhance its economic competitiveness. Pakistan, on the other hand, has been facing significant economic challenges, including a large trade deficit, high inflation, and a lack of foreign investment. The country's economy is heavily reliant on a few sectors, including textiles and agriculture, which makes it vulnerable to global economic fluctuations. To overcome these challenges, the Prime Minister... --- - Published: 2024-05-22 - Modified: 2025-03-14 - URL: https://sawbank.com/imf-gives-green-light-to-final-usd-1-1-billion-bailout-for-pakistan/ - Categories: Business News and Analysis, Economics - Tags: IMF Gives Green Light to Final USD 1.1 Billion Bailout for Pakistan The International Monetary Fund (IMF) approved a fresh tranche of 1. 1 billion dollars for Pakistan's bailout package, which is very important in halting the country's economic downturn. This comes after days of fierce conditional negotiations between the executive board of the IMF and the Pakistani authorities that were finalized on Wednesday at a staff level. The USD 1. 1 billion disbursement is the last tranche of a USD 3 billion DFI package that was agreed to Pakistan in July last year to avoid sovereign default. This package was approved by the IMF in July last year with the main aim of making Pakistan's position stable so as not to have to default on its debts. Pakistan's economy has been and is still in a critical stage with high inflation, low growth, and decreasing forex reserves, and therefore, approval of the final tranche of the IMF is a positive sign for Pakistan. This situation has stretched the government's ability to meet foreign debt obligations, and consequently, the value of the Pakistani rupee has lowered. The recently approved bailout package depends on approval by the IMF. It also requires some measures that Pakistan needs to take to address fiscal mismanagement, increase revenues, and improve SOEs. Pakistan aims to benefit from a reduction in the level of budgetary deficit, as well as an increase in its foreign exchange reserve mobilization and qualitative change for better macroeconomic stability. Pakistan's Finance Minister, Muhammad Aurangzeb, expressed satisfaction with the IMF's decision and underlined that it... --- - Published: 2024-05-21 - Modified: 2025-03-14 - URL: https://sawbank.com/impacts-of-rising-sea-levels-on-oil-trade-think-tanks-alarming-report/ - Categories: Economics - Tags: Asia, China Water Risk (CWR), Climate Change, Crude Oil, Energy Security, Oil Shipments, Port Infrastructure, Rising Sea Levels, Sea Level Rise The blog highlights the significant threat that rising sea levels pose to global oil shipments. The increased risk of flooding and erosion could lead to significant disruptions in oil production and transportation, potentially causing shortages and price volatility. A new report from the U. N. panel on climate change has raised significant concerns about the nexus of effects that will arise from the rising levels of the seas and oil transport across the world. This comes amid other risks associated with climate change to the energy sector around the globe. Based on the report's results, it was estimated that sea levels would increase by up to one meter. 2100 would be particularly catastrophic for all the oil equipment around the shore. This might disrupt oil and gas supply and cause long-term price fluctuations due to potential flooding and erosion and their impact on the oil industry. It also emphasizes the additionally observed fact that the vulnerability of certain energy assets depends on their heights above the sea level and their proximity to the coasts. For instance, an evaluation of utilities in the City of Los Angeles regarding their exposure to floods concluded that assumption 1. 4 m SLR and a 100-year return period of a flood event could lead to moderate losses in three Houston Te, as refineries. The U. S. is especially vulnerable because it has a long coastline and a concentrated oil industry. The U. S. analysis identifies that more than seven out of ten total petroleum-liquid products... --- - Published: 2024-05-21 - Modified: 2025-03-14 - URL: https://sawbank.com/indias-travel-and-tourism-index-rank-increases-to-39th/ - Categories: Forex - Tags: India's Travel and Tourism Index Rank Increases to 39th, ndia's Travel and Tourism Index Rank Soars to 39th Globally India's global travel and tourism index rank has improved significantly, moving up to the 39th position according to the World Economic Forum's Travel & Tourism Development Index 2024. This achievement reflects the country's growing appeal as a tourist destination, driven by its rich natural and cultural resources, strong price competitiveness, and improved business environment. India's Travel and Tourism industry has shown spectacular growth in recent years, and the latest ranks, as per the World Travel and Tourism Council (WTTC), show it well. India's Travel and Tourism competitiveness ranking of the World Tourism and Travel Council has also shown an upward trend and now stands at 39th in 2024, as indicated in the new WTTC 2024 index. This upward trend can be attributed to the country's continuous focus on developing its tourism facilities and destinations, improving cultural attributes, and supporting sustainable tourism. It measures the performance of countries, the business environment, human resources, infrastructure, and natural resources for travel and tourism using the index produced by WTTC. An improved ranking, putting India as the seventh most visited country, shows an enhanced interest of the people in visiting the country. Based on its diverse cultural practices, various natural and geographical features, and beautiful cities, many people still find the country attractive for them to visit. The efforts to enhance tourism by the government via various travel programs, including "Incredible India", have also aided the increase. In its recent report, the WTTC derives interesting evidence of the profound contribution of tourism to the Indian economy. The sector makes approximately... --- - Published: 2024-05-20 - Modified: 2025-03-14 - URL: https://sawbank.com/irans-president-and-foreign-minister-killed-in-helicopter-crash-a-devastating-blow-to-the-nation/ - Categories: Forex - Tags: Iran's President and Foreign Minister Killed in Helicopter Crash The blog discusses the shocking news of Iran's President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian being found dead at the site of a helicopter crash in northwestern Iran, along with other officials, and its significant implications for the country's political landscap In a sad event, the Iranian president Ebrahim Raisi and another minister of foreign affairs, Hossein Amirabdollahian, were killed in a helicopter crash in the west of Iran. The accident happened on Sunday when the officials returned from visiting the border between Russia and Azerbaijan to inaugurate a joint venture. It has been claimed the helicopter en route with the officials had crashed in an inaccessible region of East Azerbaijan province near Varzaqan city. Iran has described the site as a ‘difficult forest’, which made rescue efforts almost impossible due to the harsh weather conditions. It was stated in the report that the helicopter was one of the three planes whose mission was to transport two helicopters to the destination, and the other two choppers arrived at the destination. Besides the President and the Foreign Minister, other officials were present as well in the ill-fated helicopter – the governor of East Azerbaijan Province, Malek Rahmati, and Ayatollah Mohammad Ali Ale-Hashem – the representative of Iran’s Supreme Leader Ali Khamenei to East Azerbaijan. The reason for the crash has not yet been clarified; however, Iranian state media claimed terrible weather, including heavy rain and fog, as contributing factors. The bad weather also made it difficult for rescuers to reach and... --- - Published: 2024-05-19 - Modified: 2025-03-14 - URL: https://sawbank.com/elon-musks-starlink-satellite-internet-service-takes-off-in-bali/ - Categories: Investing & Stocks - Tags: Elon Musk's Starlink Satellite Elon Musk's Starlink Satellite Internet Service Takes Off in Bali" "Connecting the world, one satellite at a time. " The SpaceX satellite internet service Starlink, led by Elon Musk, the brainchild of SpaceX and the world's most famous visionary CEO, will exist in Bali in a significant global connectivity. We see the launch of our latest 36 Starlink satellites as an essential milestone in the growth of our international coverage. This milestone has further closed the digital gap and increased internet access for millions of people around the globe. Bali shakes hands and further plans: The Bali launch is a significant landmark in Starlink's global expansion strategy, given the company's plan to provide high-speed internet access to cities, ports, and communities worldwide. In the first place, the service is designed to retain 99% of visitors. Operating in 0. 06% of the total U. S. area, it is planned to be expanded to many other regions, including Asia, Africa, and Latin America. The firm boasts of launching over 150 satellites in 2024 in its 2024 launch plan. This involves more satellites covering more ground as well. Key Features and Benefits : Starlink's satellite internet service offers several key features and benefits that set it apart from traditional internet providers: Starlink's satellite internet service provides several key features and benefits that set it apart from conventional internet providers: Unlimited Data: Starlink does not impose any data limitation upon its residential standard service; thus, it entices users who review the Internet as if it has no cap concerning... --- - Published: 2024-05-18 - Modified: 2025-03-14 - URL: https://sawbank.com/paramount-global-receives-competing-26-billion-cash-offer-from-sony-and-apollo/ - Categories: Investing & Stocks Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements with Paramount to acquire the company for $26 billion. Finally, a notable step in the sequence of mergers and acquisitions saga of Paramount Global is a joint offer of Sony Pictures Entertainment and Apollo Global Management amounting to $26 billion in pure cash to purchase the Company. Only the proposal that would involve the assumption of debt is left for discussion now. If reached, the agreed-upon deal will be another significant step in negotiations. The proposal, formally submitted by a letter signed by Sony Pictures Entertainment CEO Tony Vinciquerra and Apollo Foreign BA Aaron Sobel, has been preceded by rumors of the companies' negotiations. ViacomCBS, a company currently negotiating with Skydance Media exclusively, is growing and strengthening its streaming business against the backdrop of the competitive landscape framed by Netflix and Disney. The acquisition will provide a critically important driving effect for Sony Pictures Entertainment, a significant player in the international entertainment industry. The Company's range of business activities provides various functions – from film and TV production, acquisition and distribution, creation and delivery of digital content, operation of studio facilities, and developing services and tools for entertainment commerce. You can also try this example sentence: On the other side, Paramount Global has been scrutinizing the past year's artists and writers' strikes during the months, the soft promotion market, and the USA market where cord-cutting has taken over, resulting in relatively low profitability for its TV business. It is... --- - Published: 2024-05-17 - Modified: 2025-03-14 - URL: https://sawbank.com/twitter-transforms-elon-musks-vision-realized-as-social-media-giant-becomes-x/ - Categories: Business News and Analysis, Economics - Tags: Elon Musk's Vision Realized as Social Media Giant Becomes 'X', Twitter Transforms, Twitter's New Identity Elon Musk, the visionary entrepreneur behind Tesla and X, has officially announced that Twitter's rebranding to 'X' is now complete. This significant shift marks a major milestone in Musk's ambitious plans to transform the social media platform into an "everything app" akin to China's WeChat. In a move that has sent ripples through the tech and social media landscapes, Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, has confirmed the completion of Twitter's rebranding to 'X'. This transformation includes migrating all core systems and significantly shifts the platform's identity and potential functionality. The Dawn of 'X': Twitter's New Identity Elon Musk, who acquired Twitter for a staggering $44 billion in late 2022, announced the rebranding of the social media platform to 'X'. The announcement was made via the platform, emphasizing the immediacy and personal engagement Musk brings to his ventures. The rebranding is more than a mere name change; it signifies Musk's ambition to expand the platform's capabilities far beyond its original scope. The iconic Twitter bird logo has been replaced with an 'X', aligning with Musk's other ventures like SpaceX and his new artificial intelligence startup, xAI. The domain x. com now directs users to what was formerly Twitter's homepage, symbolizing the official transition. A Platform Evolved: The Vision for 'X' Musk's vision for 'X' is to create an "everything" app reminiscent of China's WeChat, which integrates communication, shopping, entertainment, and more into a single platform. This ambitious plan aims to make 'X' a central part of users'... --- - Published: 2024-05-14 - Modified: 2025-03-14 - URL: https://sawbank.com/biden-administration-imposes-new-tariffs-on-chinese-imports-a-protective-measure-against-unfair-competition/ - Categories: Business News and Analysis - Tags: Biden Administration Imposes New Tariffs on Chinese Imports: A Protective Measure Against Unfair Competition USA : President Joe Biden announced a significant increase in tariffs on various Chinese imports, including electric vehicles and medical products. In the hope of stricter regulations on Chinese products, which are allegedly unfair competition, a move which may help American industries to resist unfair competition from China, the Biden administration has recently informed that the American tariffs on purchases from China will be significantly increased. The newest set of tariffs implemented this year covers a list of products such as electric vehicles, solar panels, lithium-ion batteries, and medical products. Electric Vehicles: 100% tariff The most salient increase is introducing a 100% duty on electric cars imported from China, which is applied to the current 25% rate tariff. This aimed to end China's attitude of fully sponsoring its local EV makers, making it the most unfavourable place for American firms to operate. The administration thinks this higher tariff will help restore the industry's balance position in favour of US manufacturing. Solar Panels and Batteries: The duties are 50% and 25% Chinese solar cells will get afro of 50%, and Levies on electric vehicle lithium-ion batteries are going to be 25%, which is higher. These rates reflect the need to decrease China's entry into the clean energy sector, which is made with great haste and provokes protection for U. S. economic interests. Steel and Aluminum: 25% Tariffs : In addition, as sophisticated technology becomes more widely available, it can threaten national security by empowering adversaries to carry out cyber-attacks and undermine the effectiveness of... --- - Published: 2024-05-13 - Modified: 2025-03-14 - URL: https://sawbank.com/apple-store-employees-in-maryland-authorize-historic-strike-over-unpredictable-scheduling-and-low-wages/ - Categories: Business News and Analysis - Tags: Apple Store Employees in Maryland Authorize Historic Strike Apple Store employees in Maryland, US, have voted to authorize a potential strike against the tech giant over issues like unpredictable scheduling practices and low wages. The International Association of Machinists and Aerospace Workers' Coalition of Organized Retail Employees (IAM-CORE) announced the authorization of a strike late on Saturday. Major news in unions at Apple's Towson store, Maryland, is that employees are the first among the initial retail employees at Apple Inc to unionize. This news points towards the fact that employees at Apple's Towson store in Maryland, the first of them all, have been authorized for strikes. This is the first time Apple's retail staff has gone on strike. Towson, the store closest to the International Association of Machinists and Aerospace Workers (IAM), has expressed that its members voted to approve the potential strike against tech giant Apple by citing their dissatisfaction with the year of negotiations with Apple that were not that satisfactory. It should be noted that different factors are behind this action, including shifting from work-life balance to exasperating scheduling practices and poor pay, which does not sync with the area's high cost of living. The IAM CORE union issued a statement that stressed that the vote expresses the workers' common will for the changes to be accurate. No specific date has been assigned for the strike, yet the authorization of the strike action is an essential milestone in the proceeding of the labour conflict. The store walked out in the lead- Apple stores in the United States... --- - Published: 2024-05-12 - Modified: 2025-03-14 - URL: https://sawbank.com/toyota-indus-motor-imc-drives-accessibility-with-limited-time-installment-offers/ - Categories: Business News and Analysis - Tags: Toyota Indus Motor (IMC) Drives Accessibility with Limited-Time Exciting News for Car Enthusiasts! Toyota Indus Motor (IMC), Pakistan's leading automobile manufacturer, has announced a range of attractive installment plans designed to make your dream of owning a Toyota more attainable. These limited-time offers are available for several popular models, including the stylish and powerful Corolla Altis X. Why Choose Installments? Installment plans offer a convenient and flexible way to purchase your desired Toyota vehicle. Instead of paying the full price upfront, you can spread the cost over a set period, making it easier to manage your finances. Toyota Indus Motor (IMC) Installment Plan Highlights ModelPartner BankMark-up RateInsurance RateOffer ValidityCorolla Altis XBank Al Habib1-Year KIBOR + 2. 5%1. 9%June 2024Other Toyota Models (Please inquire)Bank Al Habib(Varies – Contact IMC)(Varies)June 2024 drive_spreadsheetExport to Sheets Additional Benefits Simplified Process: IMC has streamlined the application process to ensure a hassle-free experience. Quick Approvals: Get your loan approved promptly, so you can hit the road sooner. Customer Support: IMC's dedicated team is available to answer your questions and guide you through the process. Why the Corolla Altis X Stands Out The Corolla Altis X isn't just a car; it's a statement. Its bold design, powerful performance, and cutting-edge features make it a top choice for discerning drivers. Here's what sets it apart: Striking Exterior: A wider front stance and aerodynamic design create an eye-catching presence. Advanced Engine: The Dual VVT-i engine with Acoustic Control Induction System (ACIS) delivers both power and efficiency. Luxurious Interior: Immerse yourself in comfort and sophistication with premium materials... --- - Published: 2024-05-12 - Modified: 2025-03-14 - URL: https://sawbank.com/us-threatens-sanctions-over-iran-pakistan-gas-pipeline-a-new-front-in-the-global-energy-war/ - Categories: Business News and Analysis - Tags: A New Front in the Global Energy War, US Threatens Sanctions Over Iran-Pakistan Gas Pipeline The Iran-Pakistan Gas Pipeline (IP), also known as the "Peace Pipeline," has long been a source of contention, promising energy security for Pakistan while raising geopolitical concerns due to US sanctions on Iran. Now, the US is escalating its threats, warning of potential sanctions if Pakistan proceeds with the project. The US is escalating threats against Pakistan, warning of potential sanctions if it proceeds with the Iran-Pakistan Gas Pipeline. Pakistan, facing a severe energy crisis, is caught in a dilemma between securing a vital energy source and defying US sanctions. The Stakes: Energy vs. Sanctions Pakistan is facing a severe energy crisis, with rolling blackouts and industrial shutdowns weakening its economy. The IP pipeline, designed to deliver natural gas from Iran's South Pars field, could offer a much-needed lifeline. Iran has already completed its section of the pipeline, and Pakistan recently approved the construction of an 80km segment within its territory. Figures Length : 2,775 km (1,724 mi) Start and End Points : From Asalouyeh, Iran to Multan, Pakistan Type of Gas : Natural gas However, the US views the pipeline as a violation of its sanctions regime against Iran, aimed at curbing Tehran's nuclear and ballistic missile programs. Washington has repeatedly warned Islamabad of the consequences, including potential economic sanctions and diplomatic isolation. The Numbers: Billions at Stake The IP pipeline is estimated to cost billions of dollars, with Pakistan having invested significantly. The project's delay has also triggered potential penalty clauses, adding to the financial pressure on Islamabad. Moreover, losing out on Iranian gas... --- - Published: 2024-05-12 - Modified: 2025-03-14 - URL: https://sawbank.com/switching-gears-how-to-trade-your-financed-car-for-a-lease/ - Categories: Forex - Tags: How to Trade Your Financed Car for a Lease Are you thinking about switching from a financed car to a leased one? It's a question that many car owners face, and the answer is yes, you can make that switch. Let’s break down how this works in simple terms. Understanding Your Current Situation Firstly, it's important to know where you stand with your financed car. When you finance a car, you're making payments towards owning it eventually. However, if you're looking to switch to leasing, you might still owe money on your current car loan. This amount is what we call your payoff amount. Trading In Your Financed Car When you decide to trade in your financed car for a lease, the dealership will evaluate your car's current worth, known as its trade-in value. If your car’s trade-in value is higher than the remaining balance of your loan (payoff amount), you’re in a good spot. The extra money can often be used towards the lease of your new car. This is called having equity in your car. However, if your car’s trade-in value is less than what you still owe on the loan, this is known as being "upside-down" on your loan. In this case, you don't have equity—you have negative equity. Handling Negative Equity If you have negative equity, you still have options, but they can be a bit tricky. Here are two common ways to deal with it: Roll Over the Balance: Some dealerships might offer to roll over your negative equity into your new lease agreement.... --- - Published: 2024-05-11 - Modified: 2025-03-14 - URL: https://sawbank.com/pakistans-economic-crisis-the-imfs-tight-fisted-approach/ - Categories: Business News and Analysis - Tags: Pakistan is having a really hard time, Pakistan's Economic Crisis, The IMF's Tight-Fisted Approach Pakistan is having a really hard time with money right now. The International Monetary Fund (IMF) is a big part of why things are so tough. The IMF is telling Pakistan to spend a lot less money, which is causing a lot of talk and worry about how Pakistan's economy can keep going strong. The IMF wants Pakistan to cut down on spending by a lot, around Rs163 billion to Rs183 billion. They want Pakistan to have more money left over than they spend this year. This is a big goal, especially since Pakistan is not making as much money as they thought they would. The IMF wants Pakistan to be better at managing their money and not rely too much on help from other countries. But many people, like economists and leaders, think this plan is not good. They say it will make things worse for Pakistan's economy and make life harder for the people who are already struggling. The IMF's focus on spending less and having extra money may not be the best way to fix Pakistan's money problems, especially when the country needs to spend more to help the economy grow. The IMF has helped Pakistan with money before, which was really important to keep the country stable. But some people think the IMF's rules are too strict and don't really solve the real issues causing Pakistan's money troubles. The IMF is trying to make Pakistan better at managing money and not depending too much on others.... --- - Published: 2024-05-11 - Modified: 2025-03-14 - URL: https://sawbank.com/economic-reflections-pm-shehbaz-sharifs-bold-statement-on-pakistans-position-compared-to-bangladesh/ - Categories: Business News and Analysis - Tags: PM Shehbaz Sharif's Bold Statement on Pakistan's Position Compared to Bangladesh Date: May 10, 2024 KARACHI, PAKISTAN - In a stunning revelation, Pakistan's Prime Minister Shehbaz Sharif has expressed his nation's shame and admiration for Bangladesh's remarkable economic growth. Speaking at a high-level economic forum, PM Sharif acknowledged that Bangladesh's rapid economic progress had left Pakistan feeling "ashamed" and "inspired" simultaneously. PM Sharif's Remarks:  "We are ashamed of our economic performance, and we are inspired by Bangladesh's growth. They have done what we could not do. We are proud of their achievements, and we are determined to learn from them," PM Sharif said.   Bangladesh's Economic Success:  Bangladesh has consistently maintained a growth rate of over 6 percent, making it one of the fastest-growing economies in the world. The country's economic growth has been driven by a combination of factors, including its thriving ready-made garments (RMG) sector, a significant increase in remittances, and substantial investments in infrastructure development.   Pakistan's Economic Challenges:  Pakistan, on the other hand, has been facing significant economic challenges, including a widening current account deficit, a decline in foreign exchange reserves, and a high inflation rate. The country's economic woes have been exacerbated by political instability, corruption, and a lack of adequate economic policies.   Conclusion:  PM Shehbaz Sharif's admission is a wake-up call for Pakistan to re-evaluate its economic strategy and learn from Bangladesh's successes. The Pakistani government must take concrete steps to address the country's economic challenges and implement policies that promote sustainable economic growth. --- - Published: 2024-05-10 - Modified: 2025-03-14 - URL: https://sawbank.com/pakistan-receives-2-8-billion-in-remittances-second-highest-in-fy-2023-24/ - Categories: Business News and Analysis - Tags: Pakistan Receives $2.8 Billion in Remittances Pakistan received the second-highest workers' remittances of the ongoing fiscal year 2023-24 at $2. 8 billion in April 2024, contributing to the improvement of the country's foreign exchange reserves and supporting stable rupee-dollar parity.   Pakistan received a huge amount of money from its workers abroad in April 2024, which is a big help for the country's economy. This money, called remittances, is very important for Pakistan because it helps the country buy things it needs from other countries. Remittances Are Crucial for Pakistan's Economy : Remittances have been a big help for Pakistan's economy for a long time. The government is trying to make it easier for people to do business in Pakistan, which is attracting more money from abroad. Also, more people are using official channels to send money back home, which is helping to boost remittances. Foreign Exchange Reserves Are Improving : The country's foreign exchange reserves are getting better because of the increased remittances. This is a big relief for Pakistan because it was struggling to keep its currency stable. Now, the country has more money to buy things it needs from other countries. The Rupee-Dollar Parity Is Stable : The rupee-dollar parity, which is the value of the Pakistani rupee compared to the US dollar, is now stable. This is a big help for Pakistan's economy because it makes it easier for people to do business and buy things they need. The Government Is Working to Improve the Business Environment : The government is trying... --- - Published: 2024-05-09 - Modified: 2025-03-14 - URL: https://sawbank.com/international-investors-explore-pakistans-economic-opportunities/ - Categories: Business News and Analysis - Tags: Ahmad Bozai from Citibank Pakistan', Pakistan's Finance Minister, Senator Muhammad Aurangzeb A group of international investors, led by Ahmad Bozai from Citibank Pakistan, met with Pakistan's Finance Minister, Senator Muhammad Aurangzeb, to discuss investment opportunities and the country's economic situation. The Finance Minister welcomed the investors and assured them that the government is working to create a friendly business environment in Pakistan. He highlighted the country's recent economic progress, including lower inflation and a growing stock market, which shows that investors are becoming more confident in Pakistan's economy. The investors discussed potential investment opportunities in sectors like technology and agriculture, which are important for Pakistan's economic growth. The Finance Minister explained that the government is working to simplify processes, provide incentives, and create a stable regulatory framework for foreign investors. The meeting is an important step in Pakistan's efforts to attract foreign investment and strengthen its economic ties with the world. The country's economic situation, including its reliance on low-value exports and the need for careful financial management, was also discussed. The visit by the international investors shows that they are interested in Pakistan's economic potential and the government's efforts to create a good environment for investment. As Pakistan moves forward, it is important that the government continues to prioritize transparency, accountability, and fair development to ensure a stable and fair economy. The outcome of this meeting will likely have a big impact on Pakistan's economic recovery and long-term growth. It shows that Pakistan has potential for growth and development, and that international cooperation is important for balancing national sovereignty and... --- - Published: 2024-05-08 - Modified: 2025-03-14 - URL: https://sawbank.com/government-approves-rs147-billion-supplementary-budget-for-prime-ministers-office-renovation-and-honorariums/ - Categories: Business News and Analysis - Tags: Government Approves Rs147 Billion Supplementary Budget, Government Approves Rs147 Billion Supplementary Budget for Prime Minister's Office The government has approved a supplementary budget totaling Rs147 billion. This budget covers various obligations, including a notable Rs363 million earmarked explicitly for renovations to the Prime Minister's office. Part of this budget will also be used to pay honorariums to employees in another department. This decision underscores the government's commitment to maintaining the Prime Minister's office's operational efficiency and aesthetic standards. The allocation for renovations highlights the ongoing need for updating and improving government facilities to serve the public better and support the functioning of the highest office in the land. Moreover, the inclusion of honorariums in the supplementary budget reflects the government's recognition of its employees' hard work and dedication. This financial acknowledgment aims to boost morale and ensure that public servants are compensated for their contributions beyond regular salaries. This budgetary approval comes when financial management and allocation are critical, given the government's broader economic challenges. It represents a balancing act between addressing immediate infrastructural needs and rewarding the workforce, all within the constraints of fiscal prudence. --- - Published: 2024-05-07 - Modified: 2025-03-14 - URL: https://sawbank.com/saudi-investors-arrive-in-pakistan-eager-to-discover-new-business-opportunities/ - Categories: Business News and Analysis - Tags: Discover New Business Opportunities, Saudi Investors Arrive in Pakistan A high-level Saudi business delegation, led by Deputy Investment Minister Ibrahim Almubarak, has arrived in Pakistan to explore investment opportunities across various sectors. The delegation, comprising representatives from over 30 Saudi companies, aims to deepen economic ties between Saudi Arabia and Pakistan, recognizing Pakistan's economic potential in demography, location, and natural resources. In a significant development highlighting the deepening economic ties between Saudi Arabia and Pakistan, a high-level Saudi business delegation, led by Deputy Investment Minister Ibrahim Almubarak, has landed in Pakistan to explore a myriad of investment opportunities. This visit, occurring on May 7, 2024, marks a pivotal moment in the economic relationship between the two nations, setting the stage for potential collaborations and partnerships that could reshape the investment landscape in the region. The arrival of the 50-member Saudi delegation, representing over 30 prominent Saudi companies, underscores the Kingdom's keen interest in the Pakistani market. Over the next two days, the delegation is scheduled to engage with Pakistani government officials and industry leaders to delve into potential investment avenues across various sectors, signaling a new chapter in bilateral economic cooperation . The discussions during this visit are expected to encompass a wide range of opportunities, with a particular focus on sectors such as energy, agriculture, and infrastructure. Notably, both countries have already initiated talks regarding a prospective refinery project aimed at bolstering export capabilities and enhancing foreign revenue streams. Additionally, the delegation is keen on exploring partnerships in agriculture and food security, recognizing the potential for mutual growth... --- - Published: 2024-05-07 - Modified: 2025-03-14 - URL: https://sawbank.com/how-to-start-your-own-private-bank-a-comprehensive-guide/ - Categories: Banking & Finance - Tags: How to Start Your Own Private Bank: A Comprehensive Guide, Start Your Own Private Bank, Steps to Starting Your Own Private Bank Starting your private bank is a significant and highly regulated undertaking. This financial institution offers customized services to high-net-worth individuals and operates with much more exclusivity than a standard retail bank. If you're intrigued by building a private banking institution, here is your guide. Essential Considerations Before You Begin Complexity: Creating a private bank involves extensive legal processes, licensing, regulations, and substantial financial investment. You'll need expert advisors to help you navigate the complexities. High Capital Requirements: You'll need significant upfront capital to meet minimum capital reserve requirements as mandated by your chosen jurisdiction. These can range from hundreds of thousands to many millions of dollars. Specialized Expertise: Private banking requires specialized knowledge in wealth management, investment strategies, tax planning, and client relationship building. You'll need to build a skilled team with this expertise. Steps to Starting Your Own Private Bank Choose a Jurisdiction The location you choose will dictate the specific regulations and licensing requirements. Consider factors like: Regulatory environmentTax lawsBanking secrecyEconomic stabilityAccessibility for target clientsCreate a Robust Business Plan Your business plan is crucial and must include: Target market analysisDetailed financial projectionsService offeringsRisk management strategiesMarketing and client acquisition planTechnology and infrastructure planFulfill Licensing and Regulatory Requirements Obtain a Banking Charter: Contact your chosen jurisdiction's banking regulatory authority to apply for a banking charter or license. The process will be highly scrutinized. Compliance: Familiarize yourself with all relevant banking regulations, including anti-money laundering (AML) and Know Your Customer (KYC) guidelines. Assemble Your Capital Ensure you have the required minimum... --- - Published: 2024-05-06 - Modified: 2025-03-14 - URL: https://sawbank.com/power-struggle-the-battle-over-solar-pricing-in-pakistan/ - Categories: Business News and Analysis - Tags: The Battle Over Solar Power Pricing, The Current State of Solar Power in Pakistan, The Impact on the Industry With net metering, when solar panels generate more electricity than the consumer uses, the surplus power flows back to the grid. The consumer then receives credits from the utility company on their electric bill for the excess power supplied. The solar energy sector in Pakistan has been gaining momentum in recent years, driven by the government's commitment to renewable energy and the increasing appeal of solar power as an investment opportunity. However, a new challenge has emerged in the form of a battle over solar power pricing, which has significant implications for the industry's future. The Current State of Solar Power in Pakistan Pakistan has set ambitious targets for solar power generation, aiming to source 20% of its electricity from renewable sources by 2025. The country boasts a solar power potential of 40GW and has seen a surge in solar installations, with the installed capacity reaching 3,000 megawatts. Net metering, a billing method that allows consumers to generate their own power and sell any excess back to the grid, has been a key driver of this growth. The Battle Over Solar Power Pricing The government has proposed a significant reduction in the rate paid to consumers who generate solar power through net metering, from Rs21 per unit to Rs11 per unit. This move has sparked widespread criticism, with many arguing that it will undermine the entire transition to renewable energy. The proposed reduction is believed to be influenced by Independent Power Producers (IPPs), who fear loss of revenue with the... --- - Published: 2024-05-05 - Modified: 2025-03-15 - URL: https://sawbank.com/how-to-understand-who-holds-economics-in-her-hands/ - Categories: Economics - Tags: How to Understand Who Holds Economics in Her Hands, Influence on Economics, Key Players in Economics Economics, often visualized by the iconic figure of Adam Smith, is the social science that studies how individuals, governments, businesses, and nations make choices in allocating resources to satisfy their desires and needs. It's a complex system that affects every aspect of our lives, from the food we eat to the jobs we work. Understanding who controls economics is vital because these players can influence our daily lives and the economy's overall health. 1. Key Players in Economics The government is a major economic player, using the national budget to reflect its economic policy and control through allocative, stabilization, and distributive functions. Like the Federal Reserve, central banks manage the economy by adjusting the money supply and interest rates.  Corporations drive economic activity through production and innovation, and consumers influence the economy with their spending habits. Government The government plays a pivotal role in shaping economic policies, regulations, and initiatives that impact the overall economic landscape. It holds the authority to implement fiscal and monetary measures to stabilize the economy and foster growth. Central Banks Central banks wield significant economic control through monetary policies, interest rate decisions, and currency management. They are instrumental in regulating the money supply and ensuring financial stability. Corporations Large corporations exert economic influence through production, employment, investment, and market presence. Their strategic decisions and market behavior can significantly sway economic trends. Consumers Individual consumers collectively hold economic power through spending patterns, saving behavior, and investment choices. Their demand and consumption habits shape market dynamics and influence economic outcomes. 2.... --- - Published: 2024-05-05 - Modified: 2025-03-14 - URL: https://sawbank.com/economic-models-a-guide-to-their-functions-and-limitations/ - Categories: Economics - Tags: Comparing Econometric Models, Economic Models and Public Policy, Economic Systems and Branches of Economics, Functions of Economic Models, Types of Economic Models Economic models are essential for understanding complex economic processes, making predictions, and informing policy decisions. However, they are not without limitations and are subject to various assumptions. This report will explore the nature of economic models, their uses, and the critical considerations when interpreting their results. What is an Economic Model? An economic model is a simplified representation of economic reality, constructed with variables and their relationships to help us understand, investigate, and predict economic phenomena. These models can be theoretical, aiming to derive verifiable implications about economic behavior, or empirical, seeking to verify theoretical predictions and quantify them. They are built on assumptions and use mathematical equations to describe theories of economic behavior. Functions of Economic Models Economic models serve as tools for simplification and abstraction from observed data, allowing for data selection based on econometric paradigms. They are used for forecasting economic activities, proposing and justifying economic policies, planning and allocation, and in finance for trading and risk management. Models can be classified based on determinism, quantitativeness, purpose, scope, and the characteristics of economic agents.   Limitations and Assumptions Despite their usefulness, economic models are based on assumptions that may only partially be realistic. They only claim to explain some aspects of economic behavior due to computational constraints and incomplete theories. The ceteris paribus assumption, meaning "other things being equal," is often used to isolate the effects of a single variable, which can oversimplify real-world scenarios.   Economic Models and Public Policy Economic models are crucial for informing... --- - Published: 2024-05-05 - Modified: 2025-03-14 - URL: https://sawbank.com/which-bank-is-best-in-pakistan/ - Categories: Banking & Finance - Tags: Which Bank Is Best In Pakistan ? Pakistan's banking sector is robust and diverse, offering a range of services to meet the financial needs of its population. In this guide, we'll explore some of the top banks in Pakistan, each known for its unique strengths and contributions to the country's financial landscape. Habib Bank Limited (HBL) Habib Bank Limited, commonly referred to as HBL, is the largest bank in Pakistan in terms of assets and branches. It has been recognized as a financial powerhouse and is leading the digital transformation in the banking sector. HBL's digital initiatives have set a benchmark for innovation in the industry. United Bank Limited (UBL) United Bank Limited stands out for its broad spectrum of financial products and services. It has made significant strides in digital innovation, offering pioneering digital services that cater to the modern banking customer. MCB Bank Limited MCB Bank is known for its strong financial performance and innovative products. It has a supreme legacy in the Pakistani banking industry and is recognized for its technological revolution. National Bank of Pakistan (NBP) The National Bank of Pakistan is crucial in financial inclusion and supports various government initiatives. It also offers a pioneering online banking platform that caters to the needs of its customers.   Allied Bank Limited (ABL) Allied Bank Limited is appreciated for its customer-centric approach and robust financial performance. It provides an advanced digital payment solution and a seamless mobile app experience.   Bank Alfalah Bank Alfalah stands out for its diverse range of financial products and strong corporate governance practices.... --- - Published: 2024-05-04 - Modified: 2025-03-15 - URL: https://sawbank.com/how-to-calculate-price-index-in-economics/ - Categories: Economics - Tags: Calculating the Price Index for Competitors’ Impact, How to Calculate Price Index in Economics, Significance of Price Index in Economics, The formula for Price Index Calculation, Understanding Price Index Formulas, Understanding the Price Index In economics, the price index is a crucial tool to measure the average price change of a basket of goods and services over time. Understanding how to calculate the price index is essential for economists, policymakers, and businesses to analyze inflation, make investment decisions, and assess the economy's overall health. In this thorough aid, we will dig into the complexities of cost record estimation, the recipe for cost file computation, and its importance in financial matters. Understanding the Price Index Before delving into the calculation process, it's imperative to comprehend the concept of the price index. The price index serves as a quantitative measure that reflects the average price level of a given set of goods and services in a particular period compared to the price level in a base period. It provides valuable insights into the changes in the cost of living and the purchasing power of consumers. Understanding Price Index Formulas There are several formulas used to calculate price indices, each with its own application: The Paasche index focuses on current prices and quantities. The Laspeyres index uses base-period quantities and current prices. The Fisher index is the geometric mean of the Paasche and Laspeyres indices . The formula for Price Index Calculation The formula for calculating the price index involves several essential components. The most commonly used method is the Laspeyres Price Index formula, which is expressed as: Where: ( P_{1} ) = Price Index for the current period ( q_{i} ) = Quantity of the ith item in... --- - Published: 2024-05-02 - Modified: 2025-03-15 - URL: https://sawbank.com/the-role-of-the-world-bank-in-promoting-economic-development/ - Categories: Banking & Finance - Tags: The Role of the World Bank in Promoting Economic Development The World Bank is a pivotal institution in the global effort to promote economic development and reduce poverty. The World Bank has been instrumental in fostering sustainable economic growth through its various initiatives and strategies, particularly in developing countries. A Global Partnership for Development The World Bank Group is a unique global partnership comprising five institutions that collaborate to offer financial products, technical assistance, and knowledge sharing to tackle the challenges developing countries face.  . This partnership works in every major development area, aiming to reduce poverty and build shared prosperity.   Funding Development Projects Since its inception in 1947, the World Bank has financed over 12,000 development projects through loans, interest-free credits, and grants. These projects span various sectors, including infrastructure, healthcare, and education, and are designed to create sustainable economic growth, invest in people, and build resilience to adverse events.   Influencing Economic Policies The World Bank exerts significant influence over the economies of developing countries through conditions attached to its loans. These conditions often reflect the Bank's strategic approaches and ideological preferences, such as promoting private sector development and business-friendly policies. However, this influence has been criticized for undermining the autonomy of borrower countries and potentially having adverse effects on vulnerable populations.   Enhancing Trade and Competitiveness Trade is a key driver of economic growth, and the World Bank supports open trade policies that enable growth for all. By addressing issues such as inefficient transportation systems, poor connectivity, and regulatory barriers, the World Bank helps countries integrate... --- - Published: 2024-05-02 - Modified: 2025-03-15 - URL: https://sawbank.com/how-democracy-promotes-economic-development/ - Categories: Economics - Tags: How Democracy Promotes Economic Development Democracy is often touted as more than just a political system; it catalyzes economic prosperity. This relationship between democratic governance and economic growth has been the subject of extensive research and debate. This article will explore how democracy fosters economic development and its implications for societies worldwide. The Democratic Dividend in Economic Growth Countries that transition to democratic rule have been shown to experience significant economic benefits. A study by MIT found that nations adopting democracy see a 20 per cent increase in GDP over 25 years. This "democratic dividend" is attributed to several factors, including broad-based investment in human capital, such as health and education, which democratic governments tend to prioritize. Moreover, democracies are associated with greater civil liberties, economic reforms, and reduced social conflict, all of which contribute to higher GDP . The Role of Civil Liberties and Education Civil liberties are a cornerstone of democracy and are crucial to economic development. Countries with higher levels of secondary schooling see even larger increases in GDP per capita following democratization. This suggests that an educated populace can better leverage the freedoms and opportunities provided by a democratic system to foster economic growth.   The Indirect Effects of Democracy on Growth While some studies, such as a 2008 meta-analysis, have found no direct effect of democracy on economic growth, the indirect effects are strong and significant. These include the delegation of authority, regulation of social conflicts, and the encouragement of economic reforms. Recent analyses have reinforced the causal link between democracy... --- - Published: 2024-04-28 - Modified: 2025-03-15 - URL: https://sawbank.com/how-changes-in-interest-rates-affect-the-housing-market/ - Categories: Forex - Tags: Advice for Real Estate Professionals, Impact on Home Prices, Interest Rates Affect the Housing Market, Strategies for Homebuyers, The Role of the Federal Reserve The housing market is a dynamic entity significantly influenced by changes in interest rates. Understanding this relationship is crucial for homebuyers, sellers, investors, and real estate professionals. Here's how fluctuations in interest rates can impact various aspects of the housing market. Mortgage Affordability and Monthly Payments Interest rates are set by central banks and play a pivotal role in home affordability. When interest rates rise, borrowing money costs increase, leading to higher mortgage payments for the same loan amount. This can affect the mortgage approval process, as lenders may be more cautious in granting loans. Conversely, when interest rates drop, mortgages become more accessible, potentially resulting in increased demand and higher home prices. Impact on Home Prices The relationship between interest rates and home prices is often inverse. High-interest rates can put downward pressure on home prices due to reduced affordability and purchasing power. On the other hand, lower interest rates can lead to increased demand, pushing prices upward. However, this relationship is only sometimes straightforward, as other economic factors can influence home prices. Refinancing and Real Estate Investment For existing homeowners, changes in interest rates can affect the decision to refinance. Increasing rates may reduce the financial incentives to refinance, while lower rates can trigger a wave of refinancing activities. Additionally, lower mortgage rates may entice investors to explore real estate opportunities due to the potential for higher returns. Strategies for Homebuyers In a fluctuating interest rate environment, there are several strategies homebuyers can employ: Get Pre-Approved: Secure your... --- - Published: 2024-04-28 - Modified: 2025-03-15 - URL: https://sawbank.com/the-role-of-financial-innovation-in-the-economy/ - Categories: Economics Financial innovation is crucial in shaping the economy by introducing new financial products, services, and processes that can lead to economic growth and development. This report explores the various aspects of financial innovation and its economic impact. Defining Financial Innovation Financial innovation is the creation of new financial instruments, technologies, or systems to improve financial markets and services. It encompasses various advancements, from investment crowdfunding and mobile banking to digital currencies and blockchain technology. These innovations democratize access to capital, make remittances more affordable, and provide retail customers with more convenient banking options. Financial Innovation and Consumer Empowerment Innovations in financial services empower consumers by giving them more control over their financial wellness. They benefit individual consumers, businesses, and financial institutions by improving financial instruments and products. This empowerment is often driven by the need to address inefficiencies in the financial market. Economic Growth and Financial Innovation Financial innovation is a significant driver of economic growth across various industries due to its profound impact on businesses and consumers. It has been shown to have a positive and statistically significant effect on economic growth in the short and long term. Financial innovation expands economic activities by promoting financial inclusion and facilitating international trade and remittances. An efficient financial system, which is the result of continuous innovation, allows for the emergence of various financial institutions with improved services and more credit facilities, leading to economic growth. Digital Financial Innovation The advent of digital technology has significantly impacted the financial system's development, particularly... --- - Published: 2024-04-27 - Modified: 2025-03-15 - URL: https://sawbank.com/pm-shehbaz-sharif-removed-25-officers-from-the-federal-board-of-revenue-fbr/ - Categories: Business News and Analysis - Tags: Prime Minister Shehbaz Sharif removed 25 high-ranking officers, removed 25 officers from the Federal Board of Revenue Based on the search results provided, here are the critical points regarding Prime Minister Shehbaz Sharif's purging of the Federal Board of Revenue (FBR) of corrupt officials: Removal of High-Ranking FBR Officials On April 27, 2024, Prime Minister Shehbaz Sharif removed 25 high-ranking officers from the FBR who were in pay grades 21 and 22 (the highest civil service grades in Pakistan).   The removals were based on input from three intelligence agencies about these officers' financial integrity and competence. This purge is seen as an effort by the PM to crack down on corruption within the FBR, which allegations of graft and mismanagement have long plagued.   Background and Context Shehbaz Sharif has been a vocal critic of corruption, accusing previous governments of economic mismanagement and graft. As PM, he has vowed to root out corruption from state institutions.   The FBR is a powerful bureaucratic body responsible for tax collection in Pakistan. Corruption within the FBR has been cited as a significant reason for the country's low tax revenue and economic underperformance.   Previous attempts to reform the FBR and address corruption, such as using plea bargaining and voluntary disclosure schemes, have had mixed results and been criticized for institutionalizing corruption.   There have been calls from civil society and international organizations like the UN for the Pakistani government to take concrete steps to address corruption in line with its obligations under anti-corruption conventions.   Reactions and Implications Some have welcomed the purge of corrupt FBR officials as... --- - Published: 2024-04-27 - Modified: 2025-03-15 - URL: https://sawbank.com/what-are-the-main-factors-that-determine-the-level-of-unemployment-in-an-economy/ - Categories: Economics - Tags: Economic Activity and Growth, factors that determine the level of unemployment in an economy Unemployment is a critical economic indicator that reflects the health of an economy. It is defined as a situation where capable and willing individuals cannot secure employment. The unemployment rate, the percentage of the jobless labour force, is a crucial measure of economic well-being. In this comprehensive report, we will explore the main factors that determine the level of Unemployment in an economy. Economic Activity and Growth Economic activity is the engine that drives employment. When an economy grows, businesses expand, leading to job creation and lower unemployment rates. This relationship is encapsulated in Okun's Law, which suggests that a one percentage point decrease in Unemployment corresponds to a three per cent rise in output. However, Unemployment is countercyclical, meaning it tends to rise during periods of low economic growth and fall when the economy is booming. Economic development, including population growth rate and foreign direct investment, is crucial in reducing Unemployment. Demographic Changes and Education Demographic shifts, such as an ageing population or changes in the labour force participation rate, significantly impact unemployment levels. Education also plays a vital role, with higher education levels correlating with lower unemployment rates. This is because educated workers are often more adaptable and can find employment more efficiently in a changing economy. Government Policies and Labor Market Regulations Government expenditure on active labour market programs and regulations can influence unemployment rates. Policies that ease frictional or structural Unemployment can boost employment without necessarily affecting inflation. Factors such as union power and internet access... --- - Published: 2024-04-19 - Modified: 2025-03-15 - URL: https://sawbank.com/woman-arrested-after-trying-to-secure-loan-with-deceased-uncle/ - Categories: Banking & Finance In a bizarre incident that has gone viral on social media, a woman in Rio de Janeiro was arrested after attempting to secure a loan using her deceased uncle. The woman, whose identity has not been released, reportedly wheeled a 68-year-old man into a bank branch and presented him as her uncle. According to local media, she intended to take out a loan of approximately $3,250 in his name. Suspicious Bank Staff Alert Authorities Alert bank employees became suspicious of the situation and contacted emergency services after noticing the unresponsive man in the wheelchair. Upon arrival, medical personnel confirmed that the man was already dead. Investigation Underway The woman was promptly arrested and booked on charges of attempted fraud and desecration of a corpse. Police from the Bangu precinct, located on Rio's west side, are currently investigating the incident. Authorities are particularly focused on determining the exact time and cause of the man's death. Woman's Lawyer Denies Accusations While Brazilian media outlets report the woman claimed to be the deceased's niece, her lawyer has vehemently denied all accusations. Disturbing Video Goes Viral The incident has sparked outrage and disbelief after a video, allegedly capturing the scene at the bank, surfaced online. The disturbing visuals have quickly gone viral on social media platforms. Authorities Seek Motive The investigation will delve deeper into the woman's motive behind this audacious attempt. Financial desperation is a suspected factor, but police haven't ruled out other possibilities. This incident serves as a stark reminder of the... --- - Published: 2024-04-18 - Modified: 2025-03-15 - URL: https://sawbank.com/whatsapp-gets-a-whitewash-beta-testers-trying-out-colorless-ui-update/ - Categories: Investing & Stocks - Tags: Beta Testing, Colorless UI, Improved Search Bar, Messaging App, Modern Design, UI Update, User Experience (UX), WhatsApp, White Top Bar WhatsApp, the world's most popular messaging app, is getting a visual refresh! Beta testers are currently experiencing a new UI design that trades the familiar green top bar for a clean white one. This "colorless" design approach aims to create a more cohesive look and improve the overall user experience. Catching Up on Aesthetics While WhatsApp has dominated the messaging landscape for years, its interface hasn't seen many updates. Recent changes, however, suggest a shift towards prioritizing aesthetics alongside functionality. The new white top bar complements the existing white bottom navigation bar, offering a cleaner and more streamlined appearance. This update also addresses a pain point for many users: the green top bar previously obscured the search bar. With the white background, the search function is now clear and easily accessible. More Than Just a Pretty Face This colorless design isn't just about aesthetics; it's about improving usability as well. The consistent white background across the top and bottom bars, along with the chat list background, creates a sense of visual unity. This can make navigating the app feel smoother and more intuitive, especially when using dark mode. What's Next for WhatsApp's UI/UX? The colorless design is currently in beta testing, but based on the wider rollout of the white bottom navigation bar, it's likely that everyone will soon see the white top bar update. Additionally, reports suggest that other beta features, like consistent icons in the overflow menu, are being stabilized for future release. A Modernized Messaging Experience With... --- - Published: 2024-04-18 - Modified: 2025-03-15 - URL: https://sawbank.com/how-artificial-intelligence-is-transforming-banking/ - Categories: Banking & Finance - Tags: AI-powered banking, algorithmic trading, artificial intelligence, customer experience, cybersecurity, deep learning, efficiency, financial planning, financial security, financial wellness, fintech, fraud prevention, KYC (Know Your Customer) automation, loan default prediction, machine learning, regtech (regulatory technology), risk management, robotic process automation (RPA) Automated Financial Planning: AI can analyze your income, spending habits, and financial goals to create personalized financial plans. Imagine AI automatically suggesting how much to save for retirement or a down payment on a house. Algorithmic Trading: AI can analyze market trends and execute trades at lightning speed, potentially generating higher returns for investment portfolios. Loan Default Prediction: AI can analyze borrower data to predict the likelihood of loan defaults. This allows banks to make informed decisions about loan approvals and interest rates. Regulatory Compliance: AI can automate tasks related to regulatory compliance, ensuring banks meet complex financial regulations more efficiently. Know Your Customer (KYC) Automation: AI can streamline the Know Your Customer (KYC) process, verifying customer identities and preventing money laundering activities. Dynamic Risk Assessment: AI can continuously monitor and assess financial risks, allowing banks to proactively mitigate potential problems. Personalized Insurance Products: AI can analyze customer data to recommend tailored insurance products based on individual needs and risk profiles. Sentiment Analysis from Customer Feedback: AI can analyze customer reviews and social media conversations to understand customer sentiment and improve banking services accordingly. Robotic Process Automation (RPA): AI-powered RPA bots can automate manual back-office tasks like document processing and data reconciliation, freeing up staff for more strategic work. Enhanced Cybersecurity: AI can detect and respond to cyber threats in real-time, protecting banks and customers from cyberattacks and fraud. --- - Published: 2024-04-17 - Modified: 2025-03-15 - URL: https://sawbank.com/what-is-the-law-of-demand-and-how-does-it-impact-prices/ - Categories: Economics - Tags: Demand-Based Pricing Strategies, Price Elasticity of Demand, The Intersection of Supply and Demand The law of demand is a basic fundamental economic concept that underlines a relationship between product prices and the quantity of a good or service that buyers are ready to buy. As a result, the law claims that with the increasing price an item is going to cost, the amount of it being demanded by the consumers decreases and, inversely, lowering the price will lead to increased demand, all things being equal. Lets Know What is the law of demand and how does it impact prices? The Inverse Relationship Between Price and Quantity Demanded The law of demand is illustrated on a graph with the quantity plotted on the horizontal axis and the price on the vertical axis, which is sloping depressed. Due to diminishing marginal utility, the former is why when consumers spend more units of a good, they are ready to pay little, if anything, more for the subsequent units. Therefore, in this particular case, the first slice of the pizza enjoyed by a hungry person will give more gratification than any other slice. Factors Influencing Demand The demand curve changes with price, but the price movement only alters the quantity demanded. It does not cause an increase or decrease in demand. Demand can be affected by various factors, including Demand can be affected by numerous factors, including: Income Levels: Usually, higher income levels raise demand as individuals may spend more for daily needs due to their improved financial stability. Availability of Substitutes: Because there are substitute goods in the... --- - Published: 2024-04-16 - Modified: 2025-03-15 - URL: https://sawbank.com/pakistans-quest-for-economic-stability-a-new-chapter-with-the-imf/ - Categories: Forex - Tags: finance minister says, Minister of Finance Muhammad Aurangzeb, Mr. Aurangzeb stated a want of Pakistan to enter negotiations concerning, Pakistan and IMF discussing new multi-billion-dollar programme Pakistan has been negotiating with the International Monetary Fund (IMF) to get a multi-billion dollar loan deal to sustain a reform program in the economy, Minister of Finance Muhammad Aurangzeb disclosed in a media report. The talks meter Pakistan amid its $3 billion one-year-old, nine-month program of the IMF loan held for the state's default prevention. The loan agreement consists of three tranches totalling $1. 1 billion, and the final tranche of this stand-by arrangement will be released after completing a review that began on March 17. Pursuing an Extended Fund Facility Mr. Aurangzeb stated a want of Pakistan to enter negotiations concerning "a larger and longer" loan program from the IMF that is under the Extended Fund Facility (EFF) frame. The EFF helps countries which show the balance of payments problems in the short run. This is primarily due to situations like the country's structural weaknesses. It takes time to correct structural problems. However, without revealing the extent of new loans the government is planning to seek, Ambassador Aurangzeb declared that he will be travelling to Washington D. C in April and will take part in the IMF and World Bank's spring meetings, which will be held in the same city. Economic Challenges Persist Despite IMF Support For the last two years, over four hundred million people in the nuclear-armed state of Pakistan have been struggling to endure the current economic and political crisis. Notwithstanding that it secured more than 20 IMF loan operations during the past, the same... --- - Published: 2024-04-14 - Modified: 2025-03-15 - URL: https://sawbank.com/successful-young-entrepreneur-catherine-cook-creator-of-myyearbook-com/ - Categories: Startups & Entrepreneurship - Tags: Creator of MyYearBook.com, Successful young entrepreneur Catherine Cook As a youthful entrepreneur and an outstanding innovator, young entrepreneur Catherine Cook Creator of MyYearBook. com is a remarkable example of the strength and will to make it big in business. Besides being the founder of MyYearbook. com, she has stood out among many other social networking websites. Coming from a high school student with a bold idea and now a successful leader in tech, she reveals the ability of young entrepreneurs to create a lasting mark on the tech industry. What happened to myYearbook com? The Genesis of MyYearbook. comSuccessful young entrepreneur Catherine Cook: Creator of MyYearBook. comSecuring Initial Funding and SupportCatherine Cook's Entrepreneurial JourneyFrom High School Student to CEOOvercoming Challenges as a Young FounderKey Milestones and Growth StrategiesInnovations and Impact on Social MediaPioneering Features of MyYearbook. comInfluence on Online Interaction and Community BuildingSetting Trends in a Competitive IndustryLeadership and Management PhilosophyCultivating a Culture of InnovationManaging a Team of Experienced ProfessionalsBalancing Youthful Enthusiasm with Strategic Decision-MakingBeyond MyYearbook. com: Catherine Cook's Future VenturesExpanding the Entrepreneurial HorizonInvesting in Startups and Mentoring Young EntrepreneursVision for the Next Generation of Social PlatformsConclusionFrequently Asked QuestionsWho is Catherine Cook? What is MyYearbook. com? How did Catherine Cook come up with the idea for MyYearbook. com? What challenges did Catherine Cook face as a young entrepreneur? What innovative features did MyYearbook. com introduce? What is Catherine Cook's vision for the future of social media? This article covers the emergence, development, and impact of MyYearBook. com, Catherine Cook's entrepreneurial venture, teambuilding, and her objectives beyond the platform.... --- - Published: 2024-04-14 - Modified: 2025-03-15 - URL: https://sawbank.com/world-bank-1-billion-loan-for-dasu-hydropower-project/ - Categories: Banking & Finance - Tags: $1 Billion Loan for Dasu Hydropower Project, World Bank $1 Billion Loan for Dasu Hydropower Project It is important to note that the World Bank has approved a $1 Billion Loan for Dasu Hydropower to impact Pakistan's shift toward renewable energy by introducing the Dasu hydropower plant. CASR will serve as the main factor that will open up the way for green energy to be integrated into the country's power grid, which will be a great achievement for Pakistan's energy sector development.   A Leap Towards Sustainable Enery Pakistan's Even the upcoming Dasu hydro-project, with its implausible power production of 2,160 megawatts, will likely become the foundation of the country's energy system. Close to the Indus River main course, the venture is not merely to generate electricity but to bar the curtains towards the green planet. The GEF funds from the World Bank will mainly be utilized in the initial phase of the Dasu hydropower station. At this stage, a transmission line will be built, and upon the project's successful conclusion, it would noticeably lower the country's fuel imports. Economic and Environmental Benefits The project will lead to a noticeable rehabilitation of Pakistan's economy and environment. The Dasu hydro project will undoubtedly result in the balance of payment deficit by the country's beicountry'setrimental via the shift from costlyPakistan'sicient fossil fuels to more efficient but low-cost renewable energy. During the summer, a peak energy demand, the generated power price being $0. 03 KWh, will primarily relieve Pakistan's households and manufacturing and farming sectors. This commitment has also been extended to the Dasu Hydropower were Stage II expansion... --- - Published: 2024-04-13 - Modified: 2025-03-15 - URL: https://sawbank.com/the-impact-of-policy-changes-on-international-trade-dynamics/ - Categories: Economics - Tags: Impact of Policy Changes on International Trade The intricate web of international trade is significantly influenced by policy changes that Impact of Policy Changes on International Trade across borders. Understanding these impacts is crucial for policymakers, businesses, and economies as they navigate the complexities of global trade. This article delves into the various dimensions of trade policy changes and their effects on international trade dynamics, exploring the influence on economic performance, supply chain efficiency, trade theories, regulatory compliance, and the potential for policy reforms to enhance economic efficiency. Key Takeaways Trade policy changes have a bidirectional relationship with economic efficiency, influencing and being influenced by trade volumes, firm performance, and long-term growth. Policy uncertainty, particularly in the context of the Chinese port industry, has been shown to negatively affect supply chain efficiency and stifle productivity and innovation. Trade theories provide a framework for guiding policy decisions, predicting trade outcomes, and shaping international business strategies, emphasizing the importance of their underlying assumptions. Regulatory compliance, including navigation through complex trade regulations and understanding the role of tariffs and non-tariff barriers, is pivotal in international trade dynamics. Trade policy reforms aimed at improving the investment climate, customs efficiency, and infrastructure can act as catalysts for enhancing export performance and overall economic efficiency. The Influence of Trade Policy on Global Economic Performance Assessing the Bidirectional Causality with Economic Efficiency In our exploration of international trade dynamics, we've observed that trade policies often exhibit a bidirectional causal relationship with economic efficiency. This interplay is particularly pronounced in developing nations, where economic and... --- - Published: 2024-04-12 - Modified: 2025-07-12 - URL: https://sawbank.com/repo-market-sees-unusual-one-day-rate-drop/ - Categories: Business News and Analysis - Tags: Amid High Transaction Volume, Repo Market Sees Unusual One-Day Rate Drop, Repo Market Sees Unusual One-Day Rate Drop Amid High Transaction Volume In a surprising development within the US short-term funding markets, a key repo interest rate, the Treasury GCF Repo Index, experienced a significant one-day decline. On March 19, 2024, Repo Market Sees Unusual One-Day Rate Drop from 5. 334% to 5. 142%, accompanied by a notable increase in transaction volume from $31 billion to $57. 64 billion.  Mysterious Trade Causes Market Stir The cause of this rate drop is linked to a large trade by a significant market player, estimated to be in the mid- $ 20 billion range, executed late in the day at a 5% rate. This trade is particularly unusual as it occurred after 1 pm, deviating from the typical repo market activity pattern, which generally occurs in the morning hours.   Implications for the Repo Market and Financial Stability The repo market is a critical component of the Treasuries and global finance infrastructure, with disruptions potentially having wide-reaching effects, including financial stability. The parties' identities in the trade have not been disclosed, and regulators such as the Depository Trust & Clearing Corp, the New York Fed, and the Securities and Exchange Commission have not commented on the event.   Comparisons to Past Events This is only one instance of such an occurrence. The Treasury GCF repo index also saw a similar one-day drop on July 8, 2022, when it fell to 1. 176% from 1. 55% the previous day before rebounding. While the impact of the March 19 trade on the overall market was limited, with... --- - Published: 2024-04-11 - Modified: 2025-03-15 - URL: https://sawbank.com/saudi-arabia-bolsters-pakistans-economy-with-additional-2-billion-deposit/ - Categories: Business News and Analysis - Tags: Additional $2 Billion Deposit, Saudi Arabia Bolsters Pakistan's Economy with Additional $2 Billion In an indication that the interlinkage of finance between the two countries is growing, Saudi Arabia committed to increasing its deposits in the State Bank of Pakistan (SBP) by $2bn more. This particular choice will go as the major development design to boost Pakistan's economy, especially given the background of high inflation rates and also a compact shortage of forex reserves. Economic Implications of the Increased Deposit A significant chunk of Saudi Arabia's capital is included as part of a broader investment package. It is expected to have a wider-reaching effect on the stability of Pakistan's economy. The amount of deposits to be invested will see the total deposit of Saudi Arabia to SBP at $5 billion, a sizeable sum that will help Pakistan stabilize the foreign exchange reserves and solve the so-called balance of payment disaster. Political and Economic Confidence The Saudi Kingdom is not ready to restrain its support in monetary terms but uses financial means in political ones. It is a stamp of approval that Pakistan has a local willingness and determination to embrace economic reforms. This decision will likely begin investors' confidence recovery and the growth of foreign investment inflow to the country. Impact on Pakistan's International Obligations The commitment is very time-sensitive as Pakistan, being a highly external debt-pressured country, is expected to meet its debt obligations. The provisionary funds will surely help the country pay back internationally, like IMF program payments, and might help avoid sovereign failure. Market Response and Future Outlook On the... --- - Published: 2024-04-08 - Modified: 2025-03-15 - URL: https://sawbank.com/navigating-the-global-economy-a-detailed-review-of-international-economics/ - Categories: Economics - Tags: A Detailed Review of International, Globalization and Economic Development, International Trade Theory, Navigating the Global Economy International economics (as a multidimensional field) not only gives us priceless information about the underlying complex economic interrelations of states but also proves the incredible usefulness of this discipline for our national economies. This blog’s ultimate goal is to thoroughly explore the delicate balance of IC and SI and its significance as the leading force behind the global arena. We expect to achieve a complete illustration of the corporate sector that will help in understanding different dynamics and their effects on international economic relations by drawing attention to the main themes lying on the grounds of trade, finance, development, and policy. 1. International Trade Theory: International Trade Theory is a branch of economics that deals with the intricate dynamics of global trading between nations, the motives behind trade expansion, and the following economic consequences. Trade theory can be based on several perspectives. The classical schools of thought, such as Adam Smith and David Ricardo, cast light on the benefits of specialty and exchange that stem from productivity divergence. Modern explanations, like Heckscher-Ohlin's theory, show how the different quantities of the factors of production (workers, capital) in distinct countries can bring about similar trade patterns. The above approach, along with others emphasizing dynamic efficiencies, spatial linkages enhancing scale economy, and market imperfections offers valuable tools for realizing the benefits and challenges of international trade and seeking appropriate policy solutions. 2. International Monetary Theory In line with this, international monetary theory is a sub-discipline of economics where all the effects of exchange... --- - Published: 2024-04-07 - Modified: 2025-03-15 - URL: https://sawbank.com/exploring-the-foundations-of-macroeconomics-concepts-principles-and-applications/ - Categories: Economics - Tags: and Applications, Macroeconomics: Concepts, Principles, What are the four pillars of macroeconomics?, What are the four principles of macroeconomics?, What are the three types of macroeconomics?, What is macroeconomics in simple words?, What is the best explanation of macroeconomics?, What is the difference between microeconomics and macroeconomics?, Would a person studying macroeconomics be most interested? Macroeconomics, the study of the economy as a whole, delves into the intricate web of factors shaping national and global economic performance. From analyzing aggregate measures like GDP and unemployment rates to evaluating the impact of fiscal and monetary policies, macroeconomics provides a comprehensive understanding of how economies function and evolve over time. In this exploration, we delve into the foundational concepts, principles, and applications of macroeconomics, unraveling its significance in guiding policy decisions, promoting economic stability, and fostering prosperity. Join us on this journey through the dynamic world of macroeconomic analysis. What is macroeconomics in simple words? Macroeconomics is a branch of economics that studies the economy as a whole rather than individual markets or industries. It examines large-scale economic phenomena such as national income, unemployment, inflation, economic growth, and overall price levels. Macroeconomists analyze the behaviour of aggregates such as total consumption, investment, government spending, and exports and imports to understand how they influence the functioning of the entire economy. This field also explores the role of government policies, monetary systems, and international trade in shaping economic outcomes on a national and global scale. In essence, macroeconomics seeks to understand and explain the broader patterns and trends that characterize the performance of economies. What is the best explanation of macroeconomics? The best explanation of macroeconomics lies in its focus on understanding the behaviour and performance of entire economies. Unlike microeconomics, which deals with individual markets and decision-making units, macroeconomics zooms out to analyze overarching economic indicators such as... --- - Published: 2024-04-05 - Modified: 2025-03-15 - URL: https://sawbank.com/navigating-the-world-of-microeconomics-concepts-and-contrasts/ - Categories: Economics - Tags: ap microeconomics, in microeconomics, intermediate microeconomics, microeconomics definition, microeconomics examples, microeconomics vs macroeconomics, principles of microeconomics, what is microeconomics, what occurs when equilibrium is reached? In the vast realm of economics, two distinct branches govern our understanding of the economic system: microeconomics and macroeconomics. In this comprehensive guide, we delve into the intricacies of microeconomics, its definition, principles, examples, and its contrasting counterpart, macroeconomics. So, let's embark on this enlightening journey to unravel the mysteries of microeconomics. What is Microeconomics? Microeconomics, at its core, is the study of individual economic units within a market economy. These units can be households, firms, or industries. The primary focus of microeconomics is to analyze how these entities make decisions regarding the allocation of resources and how their interactions shape the market. Microeconomics Definition Microeconomics can be defined as the branch of economics that deals with the behavior of individual entities in making decisions regarding the allocation of scarce resources and the interactions among these entities in various markets. Microeconomics vs. Macroeconomics While microeconomics focuses on individual economic units, macroeconomics takes a broader perspective, examining the economy as a whole. While microeconomics analyzes specific markets, such as the market for labor or goods, macroeconomics delves into aggregate measures like GDP, unemployment rates, and inflation. AP Microeconomics Advanced Placement (AP) Microeconomics is a course offered in many high schools, providing students with a deep understanding of microeconomic principles and their application. It covers topics such as supply and demand, market structures, consumer behavior, and production costs. Principles of Microeconomics Several fundamental principles govern microeconomics: Supply and Demand: The cornerstone of microeconomics, it explores the relationship between the quantity of a... --- - Published: 2024-04-04 - Modified: 2025-03-15 - URL: https://sawbank.com/pakistans-stock-market-kse-100-crosses-68000-points-milestone/ - Categories: Business News and Analysis The Pakistan Stock Exchange (PSX) witnessed another day of bullish, solid momentum on Thursday, April 4, 2024, as the benchmark KSE-100 index surged to a new all-time high. The index gained an impressive 869. 77 points, or 1. 3%, to close at 67,756. 03, marking its highest-ever closing level. The cement sector primarily drove the market's upward trajectory, which saw significant gains during the trading session. Investor sentiment remained positive, fueled by expectations of strong corporate earnings and a favourable economic outlook. The bullish trend at the PSX has been ongoing for several months, with the index consistently reaching new milestones. Earlier in the week, the KSE-100 had already crossed the 67,000 points mark amid a much-awaited rally. Analysts attribute the market's stellar performance to several factors, including relative economic stability, progress in the privatization of state-owned enterprises, and the government's commitment to seeking a new, more extensive loan program from the International Monetary Fund (IMF). Moreover, the continuous increase in foreign currency reserves and the strengthening of the Pakistani rupee have further boosted investor confidence. Foreign investors have also shown increased participation in the market, indicating growing optimism about the country's economic recovery. Despite the recent correction in the last week of December 2023, market experts remain optimistic about the PSX's future trajectory. Projections indicate that the KSE-100 index could reach 75,000 points by the end of 2024, driven by factors such as a smooth power transfer after the elections, a new long-term funding program from the IMF, and... --- - Published: 2024-04-02 - Modified: 2025-03-15 - URL: https://sawbank.com/pakistan-approves-500-million-loan-from-adb-but-is-it-worth-the-cost/ - Categories: Business News and Analysis - Tags: Pakistan Approves $500 Million Loan from ADB The Pakistani government recently authorized a significant loan of $500 million from the Asian Development Bank (ADB). The objective, as stated by the government, is to create a more favorable environment for attracting private investment. This move has sparked debate, with some questioning whether the potential benefits outweigh the burden of a hefty loan. The Loan's Purpose The funds will be used under the "Promoting Sustainable Public-Private Partnership Programme. " This program aims to improve the conditions for infrastructure financing and public-private partnerships (PPPs) on a federal level in Pakistan. In theory, this will entice private investors to contribute to the country's development. Concerns about the Loan There are critical aspects to consider regarding this loan: Cost: The loan carries interest rates ranging from 2% to a substantial 6. 5%. This can add a significant financial burden on Pakistan in the long run. Debt Trap: Some fear that this loan could push Pakistan further into debt. The country already faces a challenging fiscal situation. Alternatives: The Planning Commission reportedly suggested seeking a loan from ADB's concessional lending arm. However, Pakistan's credit rating and economic standing might make this difficult. Possible Benefits Despite the concerns, the loan could offer some advantages: Infrastructure Development: Improved PPPs could lead to greater investment in infrastructure projects, which are crucial for Pakistan's economic growth. Private Investment: A more favorable environment for PPPs might attract much-needed private investment, potentially boosting the economy. The Road Ahead The success of this loan hinges on effective utilization of the funds. Transparent allocation and ensuring... --- - Published: 2024-04-01 - Modified: 2025-03-15 - URL: https://sawbank.com/airbnb-startup-success-story-global-hospitality-giant/ - Categories: Forex - Tags: Airbnb Expands its Offerings, Airbnb Navigates Legal Challenges, Airbnb Startup Success Story, Building the Airbnb Marketplace, Going Global: Airbnb Takes the World by Storm, Humble Beginnings: Airbeds and a Dream, The Future of Airbnb Have you ever wondered how Airbnb, the hospitality giant, began? It was only sometimes a billion-dollar company disrupting the travel industry. Airbnb's story is a true startup success story, filled with ingenuity, perseverance, and a willingness to tap into a growing market need. So, grab a cup of coffee (or tea, if you prefer! ), settle in, and get ready to be inspired by the journey of Airbnb. Here Airbnb Startup Success Story and Everything : Humble Beginnings: Airbeds and a Dream The year is 2007. Brian Chesky and Joe Gebbia, two roommates in San Francisco, struggled to pay rent for their loft apartment. Coincidentally, a design conference was happening in the city, leading to a surge in demand for accommodation and sold-out hotels. Seeing an opportunity, Brian and Joe decided to rent out air mattresses in their loft apartment and provide a simple breakfast to attendees who needed help finding a place to stay. Thus, the concept of "Air Bed and Breakfast," later shortened to Airbnb, was born. Building the Airbnb Marketplace The success of their impromptu bed and breakfast experience sparked a fire in Brian and Joe. They saw the potential for a platform connecting travelers seeking unique experiences with local hosts offering spare space. They created a simple website, (later shortened to Airbnb. com), and started listing their apartment alongside a few others they found in the city. Business Model and Growth The Airbnb Experience: Airbnb's website and mobile app allow users worldwide to list, discover, and... --- - Published: 2024-04-01 - Modified: 2025-03-15 - URL: https://sawbank.com/att-data-breach-millions-of-customers-exposed-on-dark-web/ - Categories: Business News and Analysis Millions of AT&T customers are on alert after the company confirmed a data leak exposing personal information of over 73 million people. The data, which surfaced on the dark web, reportedly includes Social Security numbers, raising serious concerns about identity theft and fraud. Here AT&T Data Breach Breach Details AT&T announced the breach on Saturday, revealing that a dataset containing customer information was discovered online. The data impacts both current and former customers, with an estimated 7. 6 million active accounts and a staggering 65. 4 million former accounts compromised. While the exact source of the leak remains under investigation, the company believes the data may be from 2019 or earlier. Information Potentially Exposed The exposed data reportedly includes a range of sensitive information, including: Social Security numbers (SSNs) for a significant portion of affected customers Passcodes for current AT&T accounts Contact details such as email addresses, mailing addresses, and phone numbers Birth dates This information puts affected individuals at risk of identity theft, financial fraud, and other malicious activities. AT&T's Response AT&T has assured customers that they are taking the breach seriously. The company has already reset passcodes for current users and is actively communicating with impacted individuals. They are also investigating the source of the leak to prevent similar incidents in the future. What to Do If You're Affected If you are an AT&T customer, here are some steps you can take to protect yourself: Change your AT&T password and any other passwords that use the same credentials.... --- - Published: 2024-03-31 - Modified: 2025-07-12 - URL: https://sawbank.com/trading-psychology-tips-mind-for-trading-success/ - Categories: Startups & Entrepreneurship - Tags: Top 7 Trading Psychology, Trading Psychology What is Trading Psychology? Trading psychology refers to your mindset and emotions when you’re engaged in trading. It’s about mastering your own mind to become a disciplined and successful trader. Emotions can be both your ally and your enemy in the trading world. Fear and greed often hinder progress. Fear of losing trades might lead to premature exits, while greed can tempt you to overstay in a position. Here some Trading Psychology Tips : Top 7 Trading Psychology1) Create a Trading Plan2) Take Regular Breaks3) Don’t Quit Your Day Job (Yet)4) Accept That You Will Lose5) Practice, Practice, Practice6) Use a Take Profit and a Stop Loss7) Backtest Your Trading StrategyFinal Thoughts Even the best trading strategy won’t work if your mindset isn’t aligned with disciplined execution. Top 7 Trading Psychology 1) Create a Trading Plan Why?  A trading plan removes emotions from the equation. It’s your roadmap for every trade. How? Define clear entry and exit signals. Set profit targets and risk management rules. Stick to your plan religiously. 2) Take Regular Breaks Why?  Trading can be intense. Regular breaks help maintain focus and prevent burnout. How? Step away from the screen. Breathe, stretch, and recharge. Come back with a fresh perspective. 3) Don’t Quit Your Day Job (Yet) Why?  Trading is a journey. Don’t rush to quit your day job until you’ve honed your skills. How? Trade part-time initially. Learn and practice without financial pressure. Gradually transition if you consistently profit. 4) Accept That You Will Lose Why?  Losses are... --- - Published: 2024-03-30 - Modified: 2025-03-15 - URL: https://sawbank.com/chase-online-banking-everything-you-need-to-know-2024-update/ - Categories: Banking & Finance - Tags: convenient banking at your fingertips, Master your money with Chase Online Banking! Learn how to access accounts, pay bills & more. Secure, transfer funds In today's fast-paced world, managing your finances needs to be convenient and secure. Chase Online Banking delivers exactly that, offering a suite of features to help you control your money anytime, anywhere. This comprehensive guide dives deep into everything you need to know about Chase Online Banking, from login details to functionalities and troubleshooting tips. Accessing Your Chase Account Online How can I access my Chase account online? Reaching your Chase accounts online is a breeze. Head over to https://www. chase. com/digital/online-banking and enter your username and password. Does Chase allow online banking? Absolutely! Chase offers a robust online banking platform accessible to all eligible account holders. Chase Online Banking Login login Guide: For a secure login experience, always visit the official Chase website at https://www. chase. com/digital/online-banking. Enter your username and password on the login page. Remember, Chase will never ask for your login credentials via email or phone calls. Forgot your login credentials? Don't worry! The Chase website allows you to retrieve your username or reset your password easily. Click on the designated link on the login page and follow the on-screen instructions. Chase Online Banking Phone Number Chase Bank contact number: While there's no dedicated phone number specifically for online banking concerns, Chase customer service can be reached at 1-800-432-3727. They can assist you with various online banking inquiries and troubleshoot any issues you might encounter. Chase Online Banking App Chase online banking app: For added convenience, download the free Chase Mobile® app available on the Apple App Store: https://apps. apple.... --- - Published: 2024-03-29 - Modified: 2025-03-15 - URL: https://sawbank.com/superset-boutique-startup-studio-raises-90-million-to-drive-data-and-ai-ventures/ - Categories: Forex - Tags: super{set}'s $90 million funding round:, super{set}'s data+ai ventures, super{set}'s latest funding round: $90 million to intensify their focus on data+ai startups In a significant boost to its mission of co-founding data and AI companies, the boutique super{set} Startup Studio Raises $90 Million . This latest funding round underscores the studio's commitment to nurturing and scaling enterprise-focused startups in the rapidly evolving data and AI sectors. Founded by Tom Chavez and Vivek Vaidya, super{set} has carved a niche for itself in the venture studio landscape by focusing on building companies that leverage data and artificial intelligence to offer innovative enterprise solutions. A Track Record of Success and Strategic FocusEngineering AI for Practical ApplicationsA Hands-on Approach to Venture BuildingA Bright Future Ahead The recent fundraise brings the total capital secured by the studio to $176 million, a testament to its successful strategy and the confidence of its investors. A Track Record of Success and Strategic Focus The studio's approach to company building has already borne fruit, with a notable exit: the sale of marketing company Habu to LiveRamp for $200 million. This achievement not only validates super{set}'s model but also sets the stage for further ambitious projects. According to Chavez, the studio's strategy remains consistent with its founding vision, focusing on creating "admittedly boring but bountiful products" for the enterprise market. This philosophy has proven to be a solid bet, as evidenced by the studio's ability to attract significant investment even in a challenging fundraising environment. Engineering AI for Practical Applications Unlike many investors who focus on foundational AI, super{set} is more interested in the engineering aspect of AI, aiming to develop practical... --- - Published: 2024-03-28 - Modified: 2025-07-12 - URL: https://sawbank.com/the-rise-of-ai-in-forex-trading-opportunities-and-obstacles/ - Categories: Forex - Tags: AI-Powered Insights, AI's Analytical Powerhouse, Challenges of AI in Forex, Democratizing Forex Trading: AI Levels the Playing Field, The Future of Forex: A Symbiotic Relationship, The Rise of AI in Forex Trading, The Rise of AI in Forex Trading: Opportunities and Obstacles The foreign exchange market, also known as forex, is the world's largest financial market. With trillions of dollars traded daily, it's a dynamic and complex landscape. Now, The Rise of AI in Forex Trading, offering exciting opportunities alongside some significant obstacles. Unveiling Hidden Patterns: AI's Analytical Powerhouse One of AI's most significant strengths in forex trading is its ability to analyze vast amounts of data. Traditional methods might need help with the sheer volume of information, but AI algorithms can sift through mountains of historical price data, news feeds, and economic indicators. This allows them to identify subtle patterns and correlations that human traders might miss. The Rise of AI in Forex Trading : AI-Powered Insights By uncovering these hidden patterns, AI can provide valuable insights to forex traders. AI-powered tools can help predict future price movements, identify optimal entry and exit points, and even execute trades automatically based on predefined parameters. This can lead to more informed trading decisions and improve profitability. Forex Trading: AI Levels the Playing Field Traditionally, success in forex trading has often been associated with experience and access to expensive resources. AI has the potential to democratize forex trading by offering powerful analytical tools to a broader range of participants. Even those without extensive financial backgrounds can leverage AI's capabilities to make informed trades. Challenges of AI in Forex Despite its potential, The Rise of AI in Forex Trading has its challenges. Here are some key obstacles to consider: Regulatory Hurdles: The forex market is a... --- - Published: 2024-03-27 - Modified: 2025-03-15 - URL: https://sawbank.com/building-australias-first-mobile-bank-by-van-le-phil-parker/ - Categories: Business News and Analysis - Tags: Building Australia's First Mobile, Building Australia's First Mobile by Van Le & Phil Parker, Key Features of the Mobile-First Bank, Mobile-First Banking Vision, The Impact and Future of Mobile-First Banking In the rapidly evolving digital landscape, the banking sector has witnessed a significant transformation, moving from traditional brick-and-mortar establishments to digital platforms. This shift has been further accelerated by the increasing reliance on mobile devices for everyday transactions. At the forefront of this revolution in Australia is the pioneering effort to Building Australia's First Mobile by Van Le & Phil Parker, a venture spearheaded by Van Le and Phil Parker, as discussed at the YOW! 2017 conference. The Genesis of a Mobile-First Banking VisionEmbracing the Mobile-First PhilosophyKey Features of the Mobile-First BankOvercoming ChallengesThe Impact and Future of Mobile-First BankingConclusion This blog post about Building Australia's First Mobile by Van Le & Phil Parker the innovative strategies and challenges faced in creating a banking experience tailored for the mobile era, offering insights into the future of banking. The Genesis of a Mobile-First Banking Vision The journey to creating Building Australia's First Mobile by Van Le & Phil Parker was driven by the recognition of a gap in the market for a banking solution that not only meets the modern consumer's expectations for convenience and accessibility but also leverages the full potential of mobile technology. Van Le and Phil Parker, with their profound expertise in technology and finance, embarked on this ambitious project with a clear vision: to redefine banking for the digital age, making it seamless, user-friendly, and, most importantly, mobile-centric. Embracing the Mobile-First Philosophy The mobile-first approach is not merely about creating a mobile application for banking services but about... --- - Published: 2024-03-27 - Modified: 2025-03-15 - URL: https://sawbank.com/fisker-ocean-production-on-hold-cash-crunch-or-strategic-pause/ - Categories: Business News and Analysis - Tags: Cash Crunch or Strategic Pause?, Fisker Ocean Production on Hold, Fisker's Future: Electrifying or Uncertain? Electric vehicle (EV) startup Fisker Ocean production hits pause! Cash crunch forces EV startup to halt production & seek funding. . hit a bump in the road recently. The company announced a temporary halt in production of its Ocean SUV due to a cash flow hurdle. This news comes amidst Fisker's ongoing pursuit of additional funding. Low Cash Reserves Raise ConcernsStrategic Partnership or Cash Infusion NeededFisker Ocean Production Pause:Fisker's Future: Electrifying or Uncertain? Low Cash Reserves Raise Concerns As of March 15, 2024, Fisker reported having just $121 million in cash and cash equivalents. However, $32 million of that amount is restricted, leaving readily available funds even lower. This prompted the company to acknowledge a "going concern" regarding its ability to maintain operations without securing additional capital. Strategic Partnership or Cash Infusion Needed Fisker is actively exploring a potential partnership with another automaker. This collaboration could provide much-needed financial backing. Reuters suggests Nissan might be the unnamed automaker Fisker is in talks with. In the short term, Fisker is seeking to raise $150 million through convertible notes. This financing method involves investors loaning money to the company that can be converted into stock shares later. However, the deal's finalization and the release of funds are contingent on meeting specific conditions. Fisker Ocean Production Pause: The six-week production halt signifies a critical juncture for Fisker. The company's success hinges on its ability to secure additional funding. Whether this pause is a temporary setback or a deeper indication of financial woes remains... --- - Published: 2024-03-26 - Modified: 2025-07-12 - URL: https://sawbank.com/forex-market-hours-in-australia-a-comprehensive-guide/ - Categories: Forex - Tags: Forex Market Hours, Forex Market Hours in Australia, London Market Hours, New York Market Hours, Tokyo Market Hours Forex market which is a global monetary space used for converting currency is main financial hub.  Unlike exchanges of stocks, foreign exchange works round the clock, 24/7, all week long with exception of weekends; that is, Monday through Friday.  "In this article,we are going to talk about the details of Forex Market Hours in Australia, In this, we will be focusing on the time when the market opens and closes. Understanding Forex Market HoursForex Market Hours in Australia(AEST)Tokyo Market Hours (JST)London Market Hours (GMT)New York Market Hours (EDT)Advantages of Forex Market Hours in AustraliaConclusion Understanding Forex Market Hours Forex trading sessions are divided into four major time zones, each centred around a significant financial centre. Let’s explore these sessions: Forex Market Hours in Australia(AEST) Start Time: 8:00 AM AEST (Monday) End Time: 4:00 PM AEST (Friday) The Forex Market Hours in Australia kicks off the trading week, and it’s characterized by liquidity from the Asia-Pacific region. Tokyo Market Hours (JST) Start Time: 6:00 AM JST (Monday) End Time: 4:00 PM JST (Friday) Tokyo’s Market Hours overlaps with Sydney’s, creating increased trading activity. London Market Hours (GMT) Start Time: 9:00 PM GMT (Sunday) End Time: 5:00 PM GMT (Friday) The London Market Hours is the most active, as it coincides with European business hours. New York Market Hours (EDT) Start Time: 5:00 PM EDT (Sunday) End Time: 1:00 AM EDT (Saturday) The New York Market Hours overlaps with London, resulting in high trading volume. Advantages of Forex Market Hours in Australia... --- - Published: 2024-03-26 - Modified: 2025-03-15 - URL: https://sawbank.com/impact-of-ai-obituary-scams-on-businesses/ - Categories: Business News and Analysis - Tags: The Impact of AI Obituary Scams on Businesses, The Modus Operandi In an era of digital, the appearance of AI-based obituaries as a risk for businesses and people alike now belongs to the cyberspace world of risk. Scammers are using more modern technology to manipulate the psychological weaknesses of mourners by taking advantage of the absence of confirmed obituary information. Understanding AI Obituary Scams : The Modus OperandiPost-Mortem ConsequencesImpact on BusinessesEmployee VulnerabilityGoogle's ResponseRecommendations for BusinessesEmployee AwarenessConclusion The Modus Operandi The Modus Operandi" refers to the method or pattern of behavior that someone uses when committing a crime or carrying out a particular task. It's commonly abbreviated as "M. O. " and is often used by law enforcement agencies to identify and track criminals based on their recurring patterns of behavior. Scammers monitor Google search trends to identify heightened interest in obituaries, particularly in the immediate aftermath of a death. Using generative AI technology, fake obituaries are swiftly created and disseminated across multiple websites, often containing fabricated details sourced from public information. These fake obits are designed to redirect visitors to spam sites, triggering pop-up notifications with phoney virus alerts to lure victims into subscribing to cybersecurity solutions under false pretences. Post-Mortem Consequences Visitors to these scam sites may be redirected to malicious websites, potentially exposing them to malware or other cyber threats. Scammers employ social engineering tactics, such as false virus alerts, to manipulate individuals into taking actions that benefit the threat actors financially. Impact on Businesses Employee Vulnerability Scammers target employees within corporate environments, exploiting their emotional state following the... --- - Published: 2024-03-25 - Modified: 2025-07-12 - URL: https://sawbank.com/trading-the-world-top-5-forex-brokers-for-us-traders-in-2024/ - Categories: Forex - Tags: Top 5 Forex Brokers for US Traders, US Forex Brokers Forex or foreign exchange market has become the largest financial market on the planet, with hundreds of billions of dollars actively exchanged every second.  When it comes to US digit traders looking to reap the most benefit from currency differences, the choice of a forex broker is a very important one.  A solid broker implies a protected instrument, competitive spreads, and availability of a range of currency pairs.  This, nonetheless, an ocean of opportunities however, such large volume of available choices can lead to confusion. Here the top 5 Forex brokers for US traders : Top Considerations for US Forex BrokersTop 5 Forex Brokers for US Traders:2. Forex. com (StoneX Financial Inc. )3. TD Ameritrade4. Interactive Brokers5. eToroAdditional Considerations:Conclusion: The following article analyzes in more detail, among the top 5 forex brokers, the most suitable for the traders from US in 2024, taking into account such criteria as regulation, trading platform, commission, and educational program. Top Considerations for US Forex Brokers Before exploring specific brokers, let's establish some key criteria US traders should prioritize: Regulation: Forex trading is overseen by the Commodity Futures Trading Commission (CFTC) and regulated by the National Futures Association (NFA) in the US. Ensure your chosen broker is registered with these entities for optimal protection. Trading Platforms: User-friendly and feature-rich platforms are essential. Popular options include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their advanced charting and analytics tools. Fees: Forex brokers typically generate revenue through spreads (the difference between the buy and sell price) and commissions.... --- - Published: 2024-03-23 - Modified: 2025-03-15 - URL: https://sawbank.com/how-to-stop-discord-from-opening-on-startup/ - Categories: Forex - Tags: Issues with Discord Opening on Startup, Significance of Discord Startup, Tips for Managing Discord Startup, What is Discord? Discord is a popular communication platform used by millions worldwide. While its availability on startup can be convenient for some users, many find it unnecessary and bothersome. If you're among those looking to prevent Discord from opening automatically when you start your computer, you're in the right place. This article will guide you through several methods to stop Discord from launching on startup, ensuring a smoother experience with your device. How to Stop Discord from Opening on Startup let 's start 1. Introduction to Discord Startup What is Discord? Discord is a VoIP, instant messaging, and digital distribution platform designed for creating communities. It offers various features like voice calls, video calls, and text messaging, making it ideal for gamers, businesses, and social groups alike. Significance of Discord Startup Discord's automatic startup feature allows users to seamlessly access the platform as soon as they turn on their devices. While this can be beneficial for staying connected, it may not be preferred by all users, especially those who don't use Discord frequently. 2. Issues with Discord Opening on Startup Automatic startup of Discord can lead to several issues for users: Inconvenience: Users who don't regularly use Discord may find its automatic startup inconvenient, as it adds unnecessary clutter to their system startup process. Impact on System Performance: Discord launching on startup consumes system resources, potentially slowing down the startup process and affecting overall system performance. 3. Reasons for Discord Starting Automatically Discord starts automatically on many devices due to default settings... --- - Published: 2024-03-22 - Modified: 2025-07-12 - URL: https://sawbank.com/mastering-the-market-a-guide-to-forex-tracking/ - Categories: Forex - Tags: Essential Elements of Forex Tracking, Forex Tracking, Tools and Resources for Effective Forex Tracking, Why Forex Tracking Matters The foreign exchange market, or forex, is dynamic and ever-changing. For traders, staying on top of currency movements is crucial for making informed decisions and maximizing profits. This is where forex tracking comes in – a strategic practice that equips traders with the knowledge and tools to navigate the complex world of forex. Why Forex Tracking MattersEssential Elements of Forex TrackingTools and Resources for Effective Forex TrackingTips for Building a Customized Forex Tracking SystemConclusion Why Forex Tracking Matters Forex tracking goes beyond simply checking currency rates. It's about actively monitoring and analyzing market trends, economic data releases, and geopolitical events impacting currency valuations. Here's why forex tracking is essential for every trader: Informed Decision-Making: By tracking historical data and identifying patterns, traders can better understand currency behavior. This knowledge helps them make informed decisions about trade entry and exit points. Risk Management: Forex tracking allows traders to identify potential risks associated with their positions. They can adjust their strategies or exit positions by monitoring key indicators before incurring significant losses. Exploiting Opportunities: Tracking provides valuable insights into upcoming economic events and potential market shifts. This allows traders to capitalize on emerging opportunities and generate higher returns. Essential Elements of Forex Tracking A robust forex tracking system incorporates various elements to provide a comprehensive market view. Let's delve into some key components: Currency Pair Analysis: Focus on the specific currency pairs you trade. Track their historical performance, identify critical support and resistance levels, and analyze technical indicators relevant to your trading strategy. Technical Analysis: Utilize technical... --- > best Forex trading platforms! Find user-friendly interfaces, advanced tools & mobile apps to trade currencies on the go. - Published: 2024-03-19 - Modified: 2025-07-12 - URL: https://sawbank.com/best-forex-trading-platforms-in-2024/ - Categories: Forex - Tags: City Index, CMC markets, eToro, forex, Forex Trading Platforms, IG, Interactive Brokers, Plus500, SAXO, TD Ameritrade, XTB Forex trading is dynamic and fast-paced; having the right platform can significantly impact your success. Choosing the best forex broker is crucial whether you’re a seasoned trader or just starting out. In this comprehensive guide, we’ll explore the top forex trading platforms for 2024, diving into their features, pros, and cons. Here some Best Forex Trading Platforms 2024 1. IG: Forex Trading Platforms Best Overall Broker, Most Trusted Minimum Deposit: £250. 00 Tradeable Symbols (Total): 19,537 Pros: Outstanding platforms and tools Over 19,000 tradeable instruments Competitive pricing Cons: There are no predefined layouts on the flagship web platform Limited product range on MT4 Summary: IG offers an ultimate comprehensive trading package featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets. While the flagship web platform lacks predefined layouts, IG compensates with its robust offerings across other areas. 2. Interactive Brokers: Great Overall, Best Forex Trading Platforms Pros: Advanced trading technology Access to global markets Powerful research tools Cons: The steeper learning curve for beginners Inactivity fees for low-volume traders Summary Of Best Forex Trading Platforms Interactive Brokers caters to professional traders with its sophisticated platform. It provides access to a wide range of markets, but beginners may find it overwhelming initially.  Traders seeking advanced features will appreciate Interactive Brokers’ offerings. 3. Saxo: Best Web-Based Trading Platform Pros: User-friendly web-based platform Comprehensive research tools Access to global markets Cons: Limited product range compared to some competitors Higher minimum Deposit Summary: Saxo’s web-based platform stands out for its... --- - Published: 2024-03-17 - Modified: 2025-07-12 - URL: https://sawbank.com/diving-deep-into-forex-a-beginners-guide/ - Categories: Forex The foreign currency market, or sales market short, is a global market place in which currencies are exchanged.  It is a behemoth that every single day, ho, ho, ho, billions and trillions of dollars are transmitted.  Whether you are a professional traveler, or just a person who is looking for the perfect investment place, making sure you understand the forex concept is important.  The guide willing to deepen in the forex field will provide all the tips needed by beginners. What is Forex? Forex is a peer-to-peer network which the engaging participants bid, sell, exchange and speculate on the value of their separate currencies.  The FX markets, short for Foreign exchange, are platforms where one exchanges national currencies for another.  It is the world's largest and most liquid financial market with the daily trading volume amounting to $6 trillion or more on average.  The objective of forex trading is to acquire or sell currencies with the aim of cashing out a profit in the process.  Different from an open-air market where people are physically present, forex is fully electronic, where trades are going on around-the-clock, from Monday to Friday.   Currency pairs are always a couple of currency types that need to be traded. Denomination of the pair rates depends on the exchange ratio of one currency to another.  To make it simple, you will find EUR/USD on the screen which implies that this particular currency pair shows the exchange rate between Euro currency (EUR) and US Dollar currency (USD).... --- ---