The ebbs and flows of business cycles provide ample evidence that a stock market, by itself, is not representative of an economy as a whole. Even in recent memory, one may think of how governments around the world poured in unprecedented amounts of stimulus during COVID-19, much of which poured
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The imagination of military aviation enthusiasts has remained captivated by the idea of self-flying fighter aircraft for decades. Hollywood tried to cash in on this back in 2005 with the release of Stealth which depicted an AI-controlled Unmanned Combat Aerial Vehicle (UCAV) slated to replace human pilots in the future.
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Unmanned systems, driven by rapid technological advancements, have become pivotal not only in the military domain but in civilian arenas also because of their dual nature. So far, most of the available literature looks at the military utility of unmanned systems only. However, this article sheds light on the usefulness of
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The aviation industry has embraced widespread digitalisation over the past decade to improve passenger experience and operational efficiency. However, according to the UN’s International Civil Aviation Organisation (ICAO), this advancement has exposed the industry to increasing cyber-attacks. Notably, a major cyber-attack against a global IT supplier in February 2021 underscored
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Daniel McDowell’s book Bucking the Buck: US Financial Sanctions and the International Backlash against the Dollar is a notable addition to the literature on the de-dollarisation trend and its underlying motives. In it, McDowell critically analyses the influence of the overuse of economic sanctions by the United States (US)
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A shift towards solar power use has been taking place across Pakistan recently, as declining prices of solar panels, coupled with frequent hikes in electricity tariffs, have galvanised end-consumers to embrace solar solutions. However, this rapid pace of solarisation has sparked concerns within some policy-making circles. Speculations regarding policy changes affecting solar photovoltaic (PV) participants
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From the moment an individual wakes up in the morning to the time s/he sets the alarm for the following day - and even while sleeping, one’s life is now being captured in a continuous loop of digital surveillance via tech gadgets. Individual actions, interactions, preferences, and nearly every aspect of the digital life is being monitored and converted into data points. This surveillance extends to personal data from sources such as search history, social media platforms, web page views
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Situated in the heart of South Asia and central to significant economic corridors, Pakistan’s ambition to enhance regional connectivity and integration is contingent upon a foreign policy that adeptly navigates ever-evolving geopolitical dynamics. These include the Sino-US rivalry, instability in Afghanistan, India’s aggressive posture,
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Many societies today face the economic problem of an “outsized” banking system, too powerful in its influence and too distortionary in its impact for the rest of the economy to function properly. In the United States, this problem is often framed as “Main Street vs. Wall Street,” and I have discussed the repercussions of the matter during
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Cyber warfare has revolutionised contemporary warfare beyond traditional direct military engagements by using non-kinetic means to achieve defined military objectives. It plays a critical role, from intercepting enemy communications to degrading critical infrastructures. Moreover, cyberwarfare provides cost-effective, covert,
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