Tag: BLoomberg

Karachi’s public transport rated world’s worst by Bloomberg

Karachi, Pakistan’s financial hub, has the worst rated public transport in the world, according to a report by internationally acclaimed magazine Bloomberg. The magazine’s report states that the corruption, mismanagement, and clashes of interest seized all positive momentum in the development of the city in the late 1990s. The condition of the roads, the enforcement, and the abidance of rules are all in a terrible state.

Army unofficially back in control in Pakistan : Bloomberg

The global leader in business and financial data, Bloomberg, speculates Army is slowly tightening its grip in Pakistan and is unofficially back in control. With Imran Khan’s dwindling popularity and more than a dozen military officials in prominent government roles, the idea seems plausible to many. Military has certainly been Pakistan’s most important institution, but the supporters of “New Pakistan” had not envisioned this.