Desi Back to Desh

Between airports, airplanes and transit lounges

August, 2012

USAID – The real case against Rafi Peer Theater?

USAID sullies Sesame Street, Henson Family and Rafi Peer Theater & creates a diplomatic nightmare for the State Department across Art for Children world. Today is the last working day before Eid in Pakistan. It’s a Saturday so you would generally expect things to be slow. They are not. The week after Eid also marks […]

Understanding ALM and Calculating Value at Risk iBooks featured on the Apple iTunes store

How is that for a birthday gift? The Apple iTunes store features two of our iBooks for iPad titles in the New and Noteworthy featured section in Finance. The Featured in Finance titles include Understanding ALM and Calculating Value at Risk. A job well done by an outstanding team. Keep an eye out for our […]

SBP Cuts the discount rate by 150 bps in the MP announcement on 10 August 2012

The State Bank of Pakistan today surprised pundits and analysts by cutting the discount rate by 150 basis points. Markets had priced in a 50 bps cut and some analyst had forecasted room for 100 bps downward adjustment. SBP’s aggressive tone surprised analysts and is likely to be welcome by the business community. However the […]